Pressure Sensor Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Pressure Sensor Market is expected to grow from USD 13.6 billion in 2020 to USD 20.8 billion by 2027; it is expected to grow at a CAGR of 8% during 2021–2027.

A pressure sensor is a device that senses pressure and converts it into an electrical signal that determines the amount based on the applied pressure. It detects, measures, and transmits information to help analyze the performance of your device. It uses IC manufacturing technology made from silicon wafers. It typically monitors and controls the pressure of gases and liquids. Measures different types of pressure such as absolute, vacuum, gauge and differential pressure. Pressure sensors have been widely used in fields such as automotive, manufacturing, aviation, biomedical measurement, air conditioning and hydraulic measurement.

Market Segments

By Technology

• Piezoresistive
• Capacitive
• Resonant
• Electromagnetic
• Optical
• Others (potentiometric, piezoelectric, and thermal technologies)

By Product Type:

• Absolute Pressure Sensors
• Gauge Pressure Sensors
• Differential Pressure Sensors
• Sealed Pressure Sensors
• Vacuum Pressure Sensors

Key Players

• QUALCOMM TECHNOLOGIES, INC
• MICROCHIP TECHNOLOGY INC.
• HONEYWELL INTERNATIONAL INC
• INFINEON TECHNOLOGIES AG
• NXP SEMICONDUCTOR
• RENESAS ELECTRONICS
• SIEMENS AG
• STMICROELECTRONICS

Scope of the Report

The research study analyzes the global Pressure Sensor industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Pressure Sensor Market Report

1. What was the Pressure Sensor Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Pressure Sensor Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Pressure Sensor Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.