Pressure Sensor Market - Forecasts from 2018 to 2023

  • ID: 4463706
  • Report
  • 115 pages
  • Knowledge Sourcing Intelligence LLP
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FEATURED COMPANIES

  • ABB Group
  • Denso Corporation
  • General Electric Company
  • NXP Semiconductors
  • Omron Corporation
  • Robert Bosch GmbH
  • MORE
The global pressure sensor market is projected to grow at a CAGR of 7.33% during the forecast period to reach a total market size of US$4.136 billion by 2023 from US$2.706 billion in 2017. Pressure sensors are devices which are equipped with the pressure-sensitive element to measure the pressure and convert the value to an electronic signal as an output. The use of pressure sensor depends on the application and the material on which the pressure is to be measured.

Competitive landscape of the pressure sensor market is promoting investment and strategic partnerships between firms. These sensors have applications in across different industries such as energy and power, manufacturing, and automotive among various others. These sensors are increasingly being deployed in the automotive industry for engine optimization, emission control, and safety enhancement. Moreover, they are also used in the manufacturing industry for leak detection, flow monitoring, gas detection, pneumatic controls and many others.

The sensors help the manufacturers in reducing the manufacturing cost by assisting them to avoid untimely failures which can cause excessive downtime. Furthermore, rising environmental and safety concerns will further contribute to the growing demand for these sensors by the automotive industry. However, pricing pressure on companies due to intense competition and huge expenditure on R&D activities will restrain the demand for pressure sensors during the forecast period.

Geographically, the global Pressure Sensor market is segmented as North America, South America, Europe, Middle East and Africa, and the Asia Pacific. The Asia Pacific held a significant market share in 2017 and is expected to grow at a considerable rate over the next five years. The expanding consumer electronics, manufacturing, and automotive industries will drive the demand for pressure sensors in this region. Mounting environmental concerns will drive the demand for these sensors in the North American and European regions. Moreover, increasing expenditure on research and development in the field of IOT in these regions due to robust technological infrastructure will boost the demand for pressure sensors over the next five years. South America, and the Middle East and Africa sensor markets will grow at a modest rate over the forecast period.

The global pressure sensor market is highly competitive due to a huge consumer base and the presence of well-diversified international, regional and local players. There is a growing need for adoption of existing technology and further investment on technological upgrades to increase market share, which is attracting more players in the market. Intense competition in the market is paving the way for mergers & acquisition and other strategies by companies to enhance their market share.

Some of the major players discussed in this report are Omron Corporation, NXP Semiconductors, Emerson Electric Company, Robert Bosch GmbH, ABB Group and Denso Corporation among others.

Segmentation

The global Pressure Sensor market has been segmented by application, product, and geography.

By type:
Absolute pressure measurement
Differential pressure measurement
Gauge pressure measurement

By technology:
Piezoresistive Pressure Sensor
Electromagnetic Pressure Sensor
Optical Pressure Sensor
Resonant Solid State Pressure Sensor
Capacitive Pressure Sensor

By End Users:
Energy and Power
Oil and Gas
Healthcare
Manufacturing
Consumer Electronics
Automotive
Others

By geography:
North America
U.S.
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
France
Germany
Italy
United Kingdom
Others
Middle East and Africa
Israel
United Arab Emirates
South Africa
Others
Asia Pacific
China
India
South Korea
Japan
Others
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Group
  • Denso Corporation
  • General Electric Company
  • NXP Semiconductors
  • Omron Corporation
  • Robert Bosch GmbH
  • MORE
1. Introduction
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline

2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
2.3. Validation

3. Key Findings of The Study

4. Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations

5. Global Pressure Sensor Market Forecast by Type (US$ billion)
5.1. Introduction
5.2. Absolute
5.3. Differential
5.4. Gauge

6. Global Pressure Sensor Market Forecast by Technology (US$ billion)
6.1. Introduction
6.2. Piezoresistive Pressure Sensor
6.3. Electromagnetic Pressure Sensor
6.4. Optical Pressure Sensor
6.5. Resonant Solid State Pressure Sensor
6.6. Capacitive Pressure Sensor

7. Global Pressure Sensor Market Forecast by End-User Industry (US$ billion)
7.1. Introduction
7.2. Energy and Power
7.3. Oil and Gas
7.4. Healthcare
7.5. Manufacturing
7.6. Consumer Electronics
7.7. Automotive
7.8. Others

8. Global Pressure Sensor Market Forecast by Geography (US$ billion)
8.1. Introduction
8.2. North America
8.2.1. Introduction
8.2.2. U.S.
8.2.3. Canada
8.2.4. Mexico
8.2.5. Others
8.3. South America
8.3.1. Introduction
8.3.2. Brazil
8.3.3. Argentina
8.3.4. Others
8.4. Europe
8.4.1. Introduction
8.4.2. France
8.4.3. Germany
8.4.4. Italy
8.4.5. United Kingdom
8.4.6. Others
8.5. Middle East and Africa
8.5.1. Introduction
8.5.2. Israel
8.5.3. United Arab Emirates
8.5.4. South Africa
8.5.5. Others
8.6. Asia Pacific
8.6.1. Introduction
8.6.2. China
8.6.3. India
8.6.4. South Korea
8.6.5. Japan
8.6.6. Others

9. Competitive intelligence
9.1. Market Share Analysis
9.2. Strategies of Key Players
9.3. Recent Investments and Deals

10. Company profiles
10.1. STMicroelectronics
10.1.1. Overview
10.1.2. Financials
10.1.3. Product and Services
10.1.4. Key Developments
10.2. TE Connectivity
10.2.1. Overview
10.2.2. Financials
10.2.3. Products and Services
10.2.4. Key Developments
10.3. General Electric Company
10.3.1. Overview
10.3.2. Financials
10.3.3. Products and Services
10.3.4. Key Developments
10.4. The Emerson Electric Company
10.4.1. Overview
10.4.2. Financials
10.4.3. Products and Services
10.4.4. Key Developments
10.5. Robert Bosch GmbH
10.5.1. Overview
10.5.2. Financials
10.5.3. Products and Services
10.5.4. Key Developments
10.6. ABB Group
10.6.1. Overview
10.6.2. Financials
10.6.3. Products and Services
10.6.4. Key Developments
10.7. Denso Corporation
10.7.1. Overview
10.7.2. Financials
10.7.3. Products and Services
10.7.4. Key Developments
10.8. NXP Semiconductors
10.8.1. Overview
10.8.2. Financials
10.8.3. Products and Services
10.8.4. Key Developments
10.9. Siemens AG
10.9.1. Overview
10.9.2. Financials
10.9.3. Products and Services
10.9.4. Key Developments
10.10. Omron Corporation
10.10.1. Overview
10.10.2. Financials
10.10.3. Products and Services
10.10.4. Key Developments
Note: Product cover images may vary from those shown
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  • STMicroelectronics
  • TE Connectivity
  • General Electric Company
  • The Emerson Electric Company
  • Robert Bosch GmbH
  • ABB Group
  • Denso Corporation
  • NXP Semiconductors
  • Siemens AG
  • Omron Corporation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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