The global market for Pressure Sensors is estimated at US$20.2 Billion in 2023 and is projected to reach US$29.7 Billion by 2030, growing at a CAGR of 5.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Furthermore, pressure sensors contribute to energy efficiency by optimizing process controls and reducing operational costs, aligning with global efforts to conserve energy. Environmental regulations mandate the use of these sensors to monitor emissions and ensure compliance with sustainability standards. The expansion of IoT and smart devices also drives the integration of pressure sensors, enhancing the functionality and connectivity of systems ranging from smart homes to industrial IoT applications. These factors collectively fuel the continuous development and adoption of pressure sensors, underscoring their pivotal role in modern industrial applications and the broader push towards interconnected, smart technology solutions.
Furthermore, pressure sensors contribute to energy efficiency by optimizing process controls and reducing operational costs, aligning with global efforts to conserve energy. Environmental regulations mandate the use of these sensors to monitor emissions and ensure compliance with sustainability standards. The expansion of IoT and smart devices also drives the integration of pressure sensors, enhancing the functionality and connectivity of systems ranging from smart homes to industrial IoT applications. These factors collectively fuel the continuous development and adoption of pressure sensors, underscoring their pivotal role in modern industrial applications and the broader push towards interconnected, smart technology solutions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Absolute Pressure Sensors segment, which is expected to reach US$13.4 Billion by 2030 with a CAGR of a 5.6%. The Differential Pressure Sensors segment is also set to grow at 6.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $5.3 Billion in 2023, and China, forecasted to grow at an impressive 8.4% CAGR to reach $6.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Pressure Sensors Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Pressure Sensors Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Pressure Sensors Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ABB Ltd., Acuity Inc., Alphasense Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 92 Featured):
- ABB Ltd.
- Acuity Inc.
- Alphasense Ltd.
- Analog Devices, Inc.
- AutomationDirect.com
- City Technology Ltd.
- Continental AG
- Delphi Technologies
- Dynament Limited
- Emerson Electric Company
- Festo AG & Co. KG
- Figaro Engineering, Inc.
- General Electric Company
- GFG-Gesellschaft Fur Geratebau mbH
- Membrapor AG
- Nemoto & Co., Ltd.
- NXP Semiconductors NV
- Omron Corporation
- Robert Bosch GmbH
- Robert Bosch LLC
- Rockwell Automation, Inc.
- Schneider Electric SA
- Siemens AG
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Acuity Inc.
- Alphasense Ltd.
- Analog Devices, Inc.
- AutomationDirect.com
- City Technology Ltd.
- Continental AG
- Delphi Technologies
- Dynament Limited
- Emerson Electric Company
- Festo AG & Co. KG
- Figaro Engineering, Inc.
- General Electric Company
- GFG-Gesellschaft Fur Geratebau mbH
- Membrapor AG
- Nemoto & Co., Ltd.
- NXP Semiconductors NV
- Omron Corporation
- Robert Bosch GmbH
- Robert Bosch LLC
- Rockwell Automation, Inc.
- Schneider Electric SA
- Siemens AG
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 207 |
| Published | July 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 20.2 Billion |
| Forecasted Market Value ( USD | $ 29.7 Billion |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Global |
