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North America Pressure Sensor Market Size, Share & Industry Trends Analysis Report By Type (Wired, and Wireless), By Product (Absolute, Differential, and Gauge), By Technology, By Application, By Country and Growth Forecast, 2023 - 2030

Publisher Knowledge Based Value (KBV) Research
Published Nov 30, 2023
Length 155 Pages
SKU # KBV18379972

Description

North America Pressure Sensor Market Size, Share & Industry Trends Analysis Report By Type (Wired, and Wireless), By Product (Absolute, Differential, and Gauge), By Technology, By Application, By Country and Growth Forecast, 2023 - 2030


The North America Pressure Sensor Market would witness market growth of 7.1% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 23,355.4 thousand units, showcasing a growth of 7.3% (2019-2022).

Pressure sensors have become essential elements in numerous sectors, serving as critical components in the assessment, surveillance, and assurance of the effectiveness and security of diverse systems. These devices detect and measure the force exerted on them and convert it into an electrical signal, providing valuable data for numerous applications across industries. The market has witnessed exponential growth due to technological advancements, diverse applications, and the increasing need for precision and accuracy in measuring pressure.

Moreover, one of the pioneering sectors in adopting these sensors is the automotive industry. Modern vehicles have various sensors that monitor tire pressure, airbags, fuel pressure, and engine combustion. These sensors play a critical role in enhancing safety, fuel efficiency, and overall performance, which has been a driving force behind their adoption. The healthcare sector has embraced pressure sensors for applications ranging from monitoring blood pressure and intracranial pressure to respiratory assistance devices. Integrating these sensors in wearable medical devices and IoT-connected health monitoring systems has empowered patients and healthcare providers.

Fluctuations in oil prices, influenced by geopolitical factors, OPEC decisions, supply-demand dynamics, and global economic conditions, significantly impact the profitability and growth of the sector in North America. As per the data from Statistics Canada, in 2022, total revenue for the Canadian oil and gas extraction industry rose 53.6% to $269.9 billion, following an 87.5% increase in 2021. The 2022 increase was attributable to increased economic activity and demand for energy products. Therefore, the growing oil and gas industry in North America will boost the demand for these sensors in the region.

The US market dominated the North America Pressure Sensor Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,703 million by 2030. The Canada market is experiencing a CAGR of 9.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 8.6% during (2023 - 2030).

Based on Type, the market is segmented into Wired, and Wireless. Based on Product, the market is segmented into Absolute, Differential, and Gauge. Based on Technology, the market is segmented into Piezoresistive, Capacitive, Resonant Solid-State, Electromagnetic, Optical, and Others. Based on Application, the market is segmented into Automotive, Industrial, Consumer Electronics, Oil & Gas, Medical, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Emerson Electric Co., Honeywell International, Inc., NXP Semiconductors N.V., Texas Instruments, Inc., Denso Corporation, Robert Bosch GmbH, Schneider Electric SE, ABB Ltd., Amphenol Corporation, TE Connectivity Ltd.

Scope of the Study

Market Segments covered in the Report:

By Type (Volume, Thousand Units, USD Billion, 2019 to 2030)
  • Wired
  • Wireless
By Product (Volume, Thousand Units, USD Billion, 2019 to 2030)
  • Absolute
  • Differential
  • Gauge
By Technology
  • Piezoresistive
  • Capacitive
  • Resonant Solid-State
  • Electromagnetic
  • Optical
  • Others
By Application (Volume, Thousand Units, USD Billion, 2019 to 2030)
  • Automotive
  • Industrial
  • Consumer Electronics
  • Oil & Gas
  • Medical
  • Others
By Country (Volume, Thousand Units, USD Billion, 2019 to 2030)
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Emerson Electric Co.
  • Honeywell International, Inc.
  • NXP Semiconductors N.V.
  • Texas Instruments, Inc.
  • Denso Corporation
  • Robert Bosch GmbH
  • Schneider Electric SE
  • ABB Ltd.
  • Amphenol Corporation
  • TE Connectivity Ltd.
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

155 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Pressure Sensor Market, by Type
1.4.2 North America Pressure Sensor Market, by Product
1.4.3 North America Pressure Sensor Market, by Technology
1.4.4 North America Pressure Sensor Market, by Application
1.4.5 North America Pressure Sensor Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2022
4.2 Strategies Deployed in Pressure Sensor Market
4.3 Porter Five Forces Analysis
Chapter 5. North America Pressure Sensor Market by Type
5.1 North America Wired Market by Region
5.2 North America Wireless Market by Region
Chapter 6. North America Pressure Sensor Market by Product
6.1 North America Absolute Market by Country
6.2 North America Differential Market by Country
6.3 North America Gauge Market by Country
Chapter 7. North America Pressure Sensor Market by Technology
7.1 North America Piezoresistive Market by Country
7.2 North America Capacitive Market by Country
7.3 North America Resonant Solid-State Market by Country
7.4 North America Electromagnetic Market by Country
7.5 North America Optical Market by Country
7.6 North America Others Market by Country
Chapter 8. North America Pressure Sensor Market by Application
8.1 North America Automotive Market by Country
8.2 North America Industrial Market by Country
8.3 North America Consumer Electronics Market by Country
8.4 North America Oil & Gas Market by Country
8.5 North America Medical Market by Country
8.6 North America Others Market by Country
Chapter 9. North America Pressure Sensor Market by Country
9.1 US Pressure Sensor Market
9.1.1 US Pressure Sensor Market by Type
9.1.2 US Pressure Sensor Market by Product
9.1.3 US Pressure Sensor Market by Technology
9.1.4 US Pressure Sensor Market by Application
9.2 Canada Pressure Sensor Market
9.2.1 Canada Pressure Sensor Market by Type
9.2.2 Canada Pressure Sensor Market by Product
9.2.3 Canada Pressure Sensor Market by Technology
9.2.4 Canada Pressure Sensor Market by Application
9.3 Mexico Pressure Sensor Market
9.3.1 Mexico Pressure Sensor Market by Type
9.3.2 Mexico Pressure Sensor Market by Product
9.3.3 Mexico Pressure Sensor Market by Technology
9.3.4 Mexico Pressure Sensor Market by Application
9.4 Rest of North America Pressure Sensor Market
9.4.1 Rest of North America Pressure Sensor Market by Type
9.4.2 Rest of North America Pressure Sensor Market by Product
9.4.3 Rest of North America Pressure Sensor Market by Technology
9.4.4 Rest of North America Pressure Sensor Market by Application
Chapter 10. Company Profiles
10.1 Emerson Electric Co.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Honeywell International, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 NXP Semiconductors N.V.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expense
10.3.5 SWOT Analysis
10.4 Texas Instruments, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 SWOT Analysis
10.5 Denso Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 SWOT Analysis
10.6 Robert Bosch GmbH
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 Schneider Electric SE
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 SWOT Analysis
10.8 ABB Ltd.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.6 SWOT Analysis
10.9 Amphenol Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis
10.10. TE Connectivity Ltd.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Acquisition and Mergers:
10.10.6 SWOT Analysis

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