Pressure Sensor Manufacturing
The Pressure Sensor Manufacturing industry is highly globalized and serves a broad range of downstream manufacturing industries. Technological advancements that have improved pressure sensor performance and reliability have broadened the application of pressure sensors in new markets and supported industry growth over the past five years. Rising demand for pressure sensors in new and existing manufacturing markets is expected to underpin industry growth over the next five years. In the five years to 2023, industry revenue is forecast to rise at an annualized rate of 2.0% to $1.8 billion.
Operators in this industry manufacture devices that measure fluid, gas and mechanical pressure for a broad range of downstream manufacturing industries. Key markets include automotive and medical device manufacturing, oil and gas, consumer electronics, HVAC, military and aerospace industries.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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