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Pressure Sensor Market Analysis By Technology (Piezoresistive, Electromagnetic, Capacitive, Resonant Solid-state, Optical, and Others), By Application (Automotive, Oil & Gas, Consumer Electronics, Medical, Industrial, and Others) And Segment Forecasts Til

Pressure Sensor Market Analysis By Technology (Piezoresistive, Electromagnetic, Capacitive, Resonant Solid-state, Optical, and Others), By Application (Automotive, Oil & Gas, Consumer Electronics, Medical, Industrial, and Others) And Segment Forecasts Till 2024

The global pressure sensor market size is expected to reach USD 11,396.3 million by 2024 according to a new study by Grand View Research, Inc. The global Pressure Sensor Market was valued at USD 7,096.7 million in 2015. The market is anticipated to experience surges in growth owing to the utility of pressure sensors in diverse industry verticals. The emergence of pressure sensors in corporate in the Microelectromechanical Systems (MEMS) technology is further impelling growth in the industry andis substantially increasing the application scope of such sensors.

The demand for high-performance, cost-efficient, and reliable sensors has increased, leading to a higher spending by industry vendors in R&D activities. Technological proliferation and advancements in the nanotechnology and micro-technology present several opportunities, such as miniaturization, low power consumption, and mass production of such sensors.

The increasing adoption of pressure sensors in consumer goods and wearable devices, such as watches, tablets, and smartphones, are substantially contributing to the industry expansion. The use of MEMS pressure sensors in the industrial control applications and processes, HVAC applications, and level measurements is instrumental in energizing the industry prospects.

Further key findings from the study suggest:

The automotive sector emerged as the largest application segment for pressure sensors, accounting for 27.2% of the global market. Pressure sensors are widely used in the automotive industry for monitoring the pressure of crucial parameters such asbrake, transmission,fuel, andoil. Such sensors are used inequipment or systems for monitoring the tire pressure, gasoline direct-injection systems,barometric pressure measurement, pressure measurement of exhaust gas recirculation, and side airbags

Pressure sensors in the consumer electronic application segment accounted for 16.3% of the overall market share. The increasing popularity of the wearable technology is expected to boost the demand for such sensors inthe consumer electronic industry. The small size and low-power consumption may give a competitive edge to the industry players. The increasing use in touch displays for smartphones and tablets is further estimated to drive growth in the consumer electronics application segment

The Asia Pacific regional market is anticipated to witness a remarkable growth over the forecast period. The regional market accounted for 33.84% of the global market share, owing to the increasing demand from developing countries such as India, China, and South Korea

Optical pressure sensors are immune to electromagnetic interference and are steadily replacing the electromagnetic pressure sensors. The high reliability and compact design enable optical pressure sensors to be used in miniaturized applications. The optical sensors technology segment generated about 13.1% of the total market revenue in 2015

The key vendors in the industry are undertaking several competitive strategies such as mergers & acquisitions to gain market share. The key players dominating the industry includeABB Ltd., Analog Devices, Bosch, Delphi Corporation, Emerson Electric Company,General Electric, Infineon,NXP Semiconductors, Siemens AG,andSTMicroelectronics N.V.


Chapter 1.Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Pressure sensors - Industry snapshot& key buying criteria, 2014 - 2024
Chapter 3. Pressure sensors Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects
3.3. Pressure sensors value chain analysis
3.3.1. Vendor landscape
3.4. Pressure Sensor Market dynamics
3.4.1. Market driver analysis
3.4.1.1. Growing vehicle production
3.4.1.2. Regulatory scenario
3.4.1.3. MEMS
3.4.1.4. Technological advancements
3.4.2. Market restraint analysis
3.4.2.1. Cost
3.5. Key opportunities prioritized
3.6. Industry analysis - Porter's
3.7. Pressure sensors - Key competitor analysis, 2015
3.8. Pressure Sensor Market PESTEL analysis, 2015
Chapter 4. Pressure Sensors TechnologyOutlook
4.1.1. Piezoresistive
4.1.1.1. Global market estimates and forecasts, 2014 - 2024
4.1.2. Electromagnetic
4.1.2.1. Global market estimates and forecasts, 2014 - 2024
4.1.3. Capacitive
4.1.3.1. Global market estimates and forecasts, 2014 - 2024
4.1.4. Resonant solid-state
4.1.4.1. Global market estimates and forecasts, 2014 - 2024
4.1.5. Optical
4.1.5.1. Global market estimates and forecasts, 2014 - 2024
4.1.6. Others
4.1.6.1. Global market estimates and forecasts, 2014 - 2024
Chapter 5. Pressure Sensors ApplicationOutlook
5.1. Automotive
5.1.1 Global market estimates and forecasts, 2014 - 2024
5.1.2. Oil & gas
5.1.2.1. Global market estimates and forecasts, 2014 - 2024
5.1.3. Consumer electronics
5.1.3.1. Global market estimates and forecasts, 2014 - 2024
5.1.4. Medical
5.1.4.1. Global market estimates and forecasts, 2014 - 2024
5.1.5. Industrial
5.1.5.1. Global market estimates and forecasts, 2014 - 2024
5.1.6. Others
5.1.6.1. Global market estimates and forecasts, 2014 - 2024
Chapter 6. Pressure Sensors Regional Outlook
6.1. North America
6.1.1. Pressure Sensor Market by technology, 2014 - 2024
6.1.2. Pressure Sensor Market by application, 2014 - 2024
6.2. Europe
6.2.1. Pressure Sensor Market by technology, 2014 - 2024
6.2.2. Pressure Sensor Market by application, 2014 - 2024
6.3. Asia Pacific
6.3.1. Pressure Sensor Market by technology, 2014 - 2024
6.3.2. Pressure Sensor Market by application, 2014 - 2024
6.4. RoW
6.4.1. Pressure sensors market by technology, 2014 - 2024
6.4.2. Pressure Sensor Market by application, 2014 - 2024
Chapter 7. Competitive Landscape
7.1. ABB Ltd.
7.1.1. Revenue Analysis
7.1.2. Technology Benchmarking
7.1.3. Strategic Development
7.2. Analog Devices, Inc.
7.2.1. Revenue Analysis
7.2.2. Technology Benchmarking
7.2.3. Strategic Development
7.3. Continental AG
7.3.1. Revenue Analysis
7.3.2. Technology Benchmarking
7.3.3. Strategic Development
7.4. Delphi Automotive PLC
7.4.1. Revenue Analysis
7.4.2. Technology Benchmarking
7.4.3. Strategic Development
7.5. Emerson Electric Company
7.5.1. Revenue Analysis
7.5.2. Technology Benchmarking
7.5.3. Strategic Development
7.6. General Electric
7.6.1. Revenue Analysis
7.6.2. Technology Benchmarking
7.6.3. Strategic Development
7.7. Honeywell International
7.7.1. Revenue Analysis
7.7.2. Technology Benchmarking
7.7.3. Strategic Development
7.8. Infineon Technologies
7.8.1. Revenue Analysis
7.8.2. Technology Benchmarking
7.8.3. Strategic Development
7.9. NXP Semiconductors N.V.
7.9.1. Revenue Analysis
7.9.2. Technology Benchmarking
7.9.3. Strategic Development
7.10. Omron Corporation
7.10.1. Revenue Analysis
7.10.2. Technology Benchmarking
7.10.3. Strategic Development
7.11. Robert Bosch GmbH
7.11.1. Revenue Analysis
7.11.2. Technology Benchmarking
7.11.3. Strategic Development
7.12. Schneider Electric
7.12.1. Revenue Analysis
7.12.2. Technology Benchmarking
7.12.3. Strategic Development
7.13. Siemens AG
7.13.1. Revenue Analysis
7.13.2. Technology Benchmarking
7.13.3. Strategic Development
List of Tables
1 Pressure sensors - Industry snapshot & key buying criteria, 2014 - 2024
2 Global Pressure Sensor Market, 2014 - 2024 (USD Million)
3 Global market estimates and forecasts by region, 2014 - 2024 (USD Million)
4 Global market estimates and forecasts by technology, 2014 - 2024 (USD Million)
5 Global market estimates and forecasts by application, 2014 - 2024 (USD Million)
6 Pressure sensors - Key market driver impact
7 Pressure sensors - Key market restraint impact
8 Key pressure sensors competitor market share analysis, 2015
List of Figures
FIG. 1 Pressure Sensor Market segmentation
FIG. 2 Pressure Sensor Market, 2014 - 2024 (USD Million)
FIG. 3 Pressure sensors value chain analysis
FIG. 4 Pressure Sensor Market dynamics
FIG. 5 Key opportunities prioritized
FIG. 6 Pressure sensors - Porter’s analysis
FIG. 7 Pressure sensors - PESTEL analysis
FIG. 8 Pressure Sensor Market share by technology, 2015 & 2024
FIG. 9 Pressure Sensor Market share by application, 2015 & 2024
FIG. 10 Pressure Sensor Market volume share by region, 2015 & 2024

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