The Impact of COVID-19 is included in Pressure Sensor Market. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
The future of the global pressure sensor market looks attractive with opportunities in the industrial, healthcare, consumer electronics, and automotive industries. The global pressure sensor market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $16.5 billion by 2025 with a CAGR of 6% to 8% from 2020 to 2025. The major growth drivers for this market are stringent government regulations for safety in the automotive industry, growth in consumer electronics, and increasing demand for microelectromechanical systems (MEMS) technology.
Emerging trends, which have a direct impact on the dynamics of the pressure sensor industry, include development of implantable pressure transduction system and the development of nanoelectromechanical system (NEMS) pressure sensor.
A total of 86 figures / charts and 67 tables are provided in this 167 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this pressure sensor market report, download the report brochure.
Pressure sensor opportunities have evolved through number of stages as presented in figure below:
Evolution of Pressure Sensor Opportunities