Global Non-Optical Pressure Sensor Market - Forecasts from 2019 to 2024

The global non-optical Pressure Sensor market is projected to grow to US$3.351 billion by 2024. 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. The demand for these sensors is projected to rise owing to the increasing penetration of consumer electronics around the world. Furthermore, rising usage of electronics in manufacturing and automotive industries will further propel the demand for these devices in the coming years.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations being implemented by the relevant agencies. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global Pressure Sensor value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the non-optical Pressure Sensor market.

Major industry players profiled as part of the report are STMicroelectronics, TE Connectivity, Emerson Electric Co., and Robert Bosch GmbH, among others.

Segmentation

The Non-Optical Pressure Sensor Market have been analyzed through following segments:

By Technology
Piezoresistive
Electromagnetic
Resonant Solid State
Capacitive

By End-User Industries
Communication
Consumer Electronics
Automotive
Manufacturing

By Geography
Americas
USA
Canada
Brazil
Others

Europe Middle East and Africa
Germany
France
United Kingdom
Italy
Others

Asia Pacific
China
Japan
India
Taiwan
Others