The Pressure Sensor Global Market Report 2023, provides comprehensive information on the pressure sensor market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Pressure Sensor Market’s Growth:
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As per The
Business Research Company’s Pressure Sensor Global Market Report 2023, the market
size grew from $12.32 billion in 2022 to $13.83 billion in 2023 at a compound
annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the
chances of global economic recovery from the COVID-19 pandemic, at least in the
short term. The war between these two countries has led to economic sanctions
on multiple countries, a surge in commodity prices, and supply chain disruptions,
causing inflation across goods and services, and affecting many markets across
the globe. The market size of the pressure sensor market is expected to grow to
$20.27 billion in 2027 at a CAGR of 10.0%.
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Tables):
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Technological
advancements are a key trend gaining popularity in the pressure sensor market.
For instance, in 2021, BD Sensors GmbH, a Germany-based manufacturer of
pressure sensors and pressure measurement devices, launched a DS5 electronic
pressure switch. It has been designed for use in mobile working machines such
as cranes, excavators, and harvesters, and provides operational safety in
mobile working machines. It is available in the measuring ranges from 16 to 600
bar and is characterised by having a switching accuracy of 1% FSO and a high
overload.
The pressure
sensor market is segmented:
1) By Product
Type: Absolute Pressure Sensor, Gauge Pressure Sensor, Differential Pressure
Sensor, Other Product Types
2) By Technology:
Piezoresistive, Capacitive, Resonant Solid-State, Electromagnetic, Optical,
Piezoelectric, Other Technology
3) By Output:
Analog, Digital
4) By Sensor
Type: Wired, Wireless
5) By
Application: Automotive, Industrial, Consumer Electronics, Healthcare, Oil And
Gas, Aerospace And Defense, Other Applications
North America was
the largest region in the pressure sensor market in 2022.
The table of contents in TBRC’s pressure sensor market report includes:
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
.
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. Pressure Sensor Market, Conclusions And Recommendations
23. Appendix
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firm that pioneers in market, company, and consumer research. TBRC’s specialist
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that include healthcare, manufacturing, financial services, chemicals, and
technology. The firm has offices located in the UK, the US, and India, along
with a network of proficient researchers in 28 countries. Through the report
businesses can gain a thorough understanding of the market’s size, growth rate,
major drivers and leading players.
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