Global Pressure Sensor Market 2019-2026 Grow at CAGR of 6.4 %

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• Global Pressure Sensor Market 2019-2026 Grow at
  CAGR of 6.4
• The pressure sensor is an instrument that is used
  specifically for pressure gauging of different
  types of gases and liquids. Working with a
  pressure sensor usually involves it generating a
  signal which acts as a function of the
  externally applied pressure,
• The global pressure sensor market was valued at
  USD 9.24 billion in 2018 and is expected to
  reach USD 14.08 billion in 2026, growing at a
  CAGR of 6.4 during the forecast period.
• By Application Automotive, Oil Gas, Consumer
  Electronics, Medical, Utilities, Industrial,
  Aviation, Marine, Others
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• Company Profiles and Competitive Intelligence
• The major players operating in the global
  pressure sensor market are Honeywell (US), ABB
  (Switzerland), NXP Semiconductors (Netherland),
  Infineon Technologies (Germany), Emerson
  Electric (US), General Electric (US), Siemens
  (Germany), STMicroelectronics (Switzerland),
  Robert Bosch (Germany), and TE Connectivity
  (Germany) among others.
• Based on the application, the oil gas segment
  is expected to lead the market
• Based on the application, the market has been
  segmented into automotive, oil gas, consumer
  electronics, medical, utilities, industrial,
  aviation, marine, and others. The oil gas
  industry segment is expected to hold nearly 31
  in the global market in 2018. Growing oilfield
  exploration activities that are coupled with the
  demand from oil gas vertical is resulting in
  segmental growth in the global market.
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• Based on technology, the piezoresistive pressure
  sensors segment is anticipated to grow at
  fastest rate during the forecast period
• Based on the technology, the market has been
  segmented into piezoresistive pressure sensors,
  capacitive pressure sensors, electromagnetic
  pressure sensors, resonant solid state pressure
  sensors, and optical pressure sensors among
  others. Growing adoption of piezoresistive
  technology in sensor development is fuelling the
  demand for pressure sensor globally.
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