The Business Research Company’s report goes into great detail on the pressure sensor market size and growth, pressure sensor market regional analysis, pressure sensor market competitive landscape, and other critical information needed to excel in the pressure sensor industry.

Major players in the pressure sensor market include ABB Ltd., Emerson Electric Co., Honeywell International Inc., Infineon Technologies, NXP Semiconductors, Rockwell Automation Inc., Sensata Technologies, Siemens, STMicroelectronics, TE Connectivity, Amphenol, BD SENSORS GmbH, Bosch Sensortec GmbH, Eaton, General Electric, ifm electronic GmbH, Micro Sensor Co. Ltd, Quartzdyne Inc., Renesas Electronics, and TT Electronics.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global pressure sensor market size is expected to grow from $11.09 billion in 2021 to $12.13 billion in 2022 at a compound annual growth rate (CAGR) of 9.37%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global pressure sensors market size is expected to reach $17.04 billion in 2026 at a CAGR of 8.87%.

North America was the largest region in the pressure sensor market in 2021.

The pressure sensor market consists of sales of pressure sensors by entities (organizations, sole traders, and partnerships) that are used to measure pressure of gases or liquids. A pressure sensor is an instrument that consists of a pressure-sensitive element to determine the actual pressure applied to the sensor with the help of different working principles and some components to convert this information into an output signal.

The rising adoption of pressure sensors in industrial applications is expected to propel the growth of the pressure sensor market.

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Technological advancements are a key trend gaining popularity in the pressure sensor market.

TBRC’s Global Pressure Sensor Market Report Is Segmented:
By Product Type: Absolute Pressure Sensor, Gauge Pressure Sensor, Differential Pressure Sensor, Others

By Technology: Piezoresistive, Capacitive, Resonant Solid-State, Electromagnetic, Optical, Piezoelectric, Others

By Output: Analog, Digital

By Sensor Type: Wired, Wireless

By Application: Automotive, Industrial, Consumer Electronics, Healthcare, Oil and Gas, Aerospace and Defense, Others

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Pressure Sensor Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the pressure sensor market globally and regionally, analyzes and forecasts market size, share, pressure sensor market players, pressure sensor market segments, leading competitor revenues, profiles and market shares.

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