Forums » News and Announcements

• Minakshi Thorat

  

  • 738 posts
   

  September 8, 2021 9:29 PM EDT

  Market Highlights

   

  The increasing demand from automotive and medical industries and rising adoption of pressure sensors in consumer electronics are the primary factors driving the market growth. The rising adoption of Internet of Things (IoT) is fuelling the market growth. However, the intense pricing pressure is hampering the market growth.

  The pressure sensor market is segmented into product type, technology, vertical, and region.

  Get Free Sample Report : https://www.marketresearchfuture.com/sample_request/6096

   

  Key players

   

  Some of the key players in the global pressure sensors market are Honeywell International Inc. (U.S.), ABB (Switzerland), NXP Semiconductors (the Netherlands), Infineon Technologies (Germany), Emerson Electric (U.S.), General Electric (U.S.), Siemens AG (Germany), STMicroelectronics (Switzerland), Robert Bosch GmbH (Germany), Texas Instruments (U.S.), MRON Corporation (Japan) and many others.

  Some of the key innovators in this market are Denso Corporation (Japan), TE Connectivity (Switzerland), Continental AG (Germany), Aptiv PLC (U.K), Sensata Technologies Holding PLC (U.K), Pricol Ltd (India), Taiwan Semiconductors (Taiwan), Renesas Corporation (Japan), Samsung Electronics (South Korea), Sony Corporation (Japan), Toshiba Corporation (Japan) and many others

  
  There have been recent mergers and acquisitions among the key players, where the business entities expect to strengthen their reach to their customers.

   

  Access Report @ https://www.marketresearchfuture.com/reports/pressure-sensors-market-6096

  
  Regional Analysis

  By geography, the market is studied for North America, Europe, Asia Pacific, and rest of the world. Among these regions, at present, the market is majorly dominated by Asia Pacific due to a higher concentration of key players in countries like China, Japan, and South Korea. The rising demand from automobile and medical industries in these regions are fuelling the market growth.

  On the other hand, Europe is expected to show a decent market growth concerning the pressure sensor market. The rise in technological advancements and demand for MEMS sensors are fuelling the market growth. However, the North America region is expected to show a significant growth throughout the forecast period. Increase in use of smartphones and rising applications in the field of medicine are also driving the market in this region. The demand for consumer electronics across developed countries like the U.S. is driving the market in this region.

  About Market Research Future:

  Market Research Future (MRFR) is a reliable firm that undertakes an extensive analysis of markets in various domains. Our teams of research analysts gather relevant data through painstaking primary and secondary research that aims to give clients a complete outlook on markets of their interest. The data is compared against third-party agencies and reputed organizations for estimating valuations and revenue projections.

  MRFR’s goal in providing a comprehensive coverage of the market replete with latest trends, niches, developments, and insights can be lucrative for business needs. We aim to push our clients to the forefront by guiding them with astute information for making informed decisions. Our market intelligence can track down key issues in industries and be modified as per the fluctuations in economic scenarios. The reports are customized and offered as per a specific region or country and adhere to latest policies.