Automotive Pressure Sensors Market - Forecast (2022-2027)

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Automotive Pressure Sensors
Market Market size, Industry outlook, Market
Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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• Automotive Pressure Sensors market size was 4.1
  billion in 2021 and is estimated to grow at
  a CAGR of 6.5 through 2027.
• Pressure sensors measure pressure of gases or the
  liquids and are classified into various types.
  For the market purpose, the underlying sensing
  element of Pressure Sensor, Pressure Transducer
  Pressure Transmitter has been considered. 

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• Key Takeaways
• The growing demand for operational efficiencies
  in the industry is set to drive adoption of fleet
  management Automotive Pressure Sensors. Companies
  have in recent years shifted focus from reducing
  operational cost to improving operational
  efficiency as a method to improve their
  profitability.
• Companies are also looking to fleet management
  services to monitor driver behavior in order to
  improve the efficiency of this aspect.
  Traditionally, truck driver monitoring included
  factors such as speed and vehicle location.
• However, for companies concerned with their
  environmental footprint, changes to the
  manufacturing process are time consuming and
  expensive. Fleet management services can be a
  quick solution to this arduous problem. The
  declining price for Automotive Pressure Sensors
  hardware systems is also set to increase adoption
  of fleet management.

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By Distribution Channel- Segment Analysis Tire
Pressure Monitoring Systsem segment is projected
to grow at 7.5 CAGR through 2027 in the
automotive pressure sensor industry. Growing
demand for tire pressure monitoring systems along
with oil pressure sensing and engine management
systems, the pressure sensor market for
automotive industry is estimated to witness
tremendous growth. North America Topped with
Automotive Pressure Sensors Market Share of 31.2
in 2021. North Americas automotive pressure
sensors market is booming because of the
lucrative prospects in the automotive industry of
Canada, the US, and Mexico. Canada, Mexico and
the US witnessed the manufacturing of 1.4
million, 3.0 million, and 9.2 million number of
vehicles respectively in 2021. Capacitive sensors
dominated the market with a share of 21.2 in
2021. Capacitive pressure sensors have several
advantages over piezoresistive pressure sensors
such as relatively high-pressure sensitivity and
low temperature sensitivity. 
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• Automotive Pressure Sensors Industry Outlook 
• TE Connectivity
• Analog Devices
• Continental
• Melexis
• Bosch
• Omega Engineering
• Amphenol
• NXP
• Infineon
• Epcos AG

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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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