Market Overview:
The global hydraulic pressure sensors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hydraulic pressure sensors in vehicles, air compressors, vacuum pumps, and other applications. Differential type hydraulic pressure sensors are expected to hold the largest share of the global hydraulic pressure sensor market by 2030 owing to their high accuracy and reliability. Asia Pacific is expected to be the fastest-growing region for the global hydraulic pressure sensor market during the forecast period due to rising demand from countries such as China and India.
Product Definition:
A hydraulic pressure sensor is a device used to measure the fluid pressure in a hydraulic system. This type of sensor is typically used in machines that require high-pressure fluids, such as construction equipment and aircraft. The purpose of a hydraulic pressure sensor is to ensure that the proper fluid pressure is maintained within the system, so that it operates safely and efficiently.
Differential Type:
Differential type is a pressure sensor that uses two differentials to generate the output signal. The differential pair consists of a rigid diaphragm, which is mounted in an enclosures made up of stainless steel or other metals. As the name suggests, it works on the principle of difference in pressures between two sides of a membrane or between any surface and its environment.
Differential pressure sensors are used for measuring low-level airspeed.
Relative Type:
The relative type is used to compare the flow rate of a liquid in comparison with other liquids. It is also used in gas-liquid and liquid-liquid applications. The most commonly used relative types are percent slope, percent rise, and differential pressure. Differential pressure sensors use pressurized containers that communicate via wired or wireless connections to electronic devices that process the data into meaningful values for analysis purposes.
Application Insights:
Based on the application, the market is segmented into vehicles, air compressors, vacuum pumps, and others. Vehicles were estimated to be the largest and fastest-growing segment over the forecast period owing to increasing demand for advanced hydraulic systems in automobiles. The growing need for fuel-efficient vehicles has led to an increased focus on lightweighting of automotive components. This trend is expected to continue over the coming years as weight plays a significant role in terms of efficiency and performance of an automobile engine.
Hydraulic pressure sensors are used in various applications such as vehicle suspension control arms bushings; valve operation; power steering; anti-lock brake (ABS); front/rear disc/drum brakes; engine control unit (ECU) calibration check & adjustment.; rollover sensor testing & diagnosis.; tire inflation monitoring systems (TIMS).
Regional Analysis:
The market in North America was valued at USD X million in 2017 and is expected to grow at a significant rate over the forecast period owing to the presence of major players, technological advancements, and high demand for pressure sensors from various end-use industries such as oil & gas, food & beverage, manufacturing etc. The U.S.-based companies are involved in extensive research activities that aim at developing advanced hydraulic pressure sensors with better performance characteristics than its existing counterparts.
Growth Factors:
- Increasing demand for hydraulic pressure sensors in automotive and aerospace industries due to the growing need for advanced safety features and fuel efficiency.
- Rising demand from process industries such as oil & gas, power generation, and chemical processing due to the increasing adoption of automation and industrialization worldwide.
- Growing popularity of hydraulic systems in construction equipment owing to their advantages such as high performance, energy efficiency, and low emissions.
- Proliferation of smart technologies that are used in various applications such as automotive, aerospace, defense, marine vessels etc., which is expected to drive the growth of the hydraulic pressure sensors market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Pressure Sensors Market Research Report
By Type
Differential Type, Relative Type
By Application
Vehicles, Air Compressors, Vacuum Pumps, Others
By Companies
Variohm Eurosensor, PCB Piezotronics, Honeywell, Sensata Technologies, Danfoss, Balluff, WIKA, TE Connectivity
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Pressure Sensors Market Report Segments:
The global Hydraulic Pressure Sensors market is segmented on the basis of:
Types
Differential Type, Relative Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Vehicles, Air Compressors, Vacuum Pumps, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Variohm Eurosensor
- PCB Piezotronics
- Honeywell
- Sensata Technologies
- Danfoss
- Balluff
- WIKA
- TE Connectivity
Highlights of The Hydraulic Pressure Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Differential Type
- Relative Type
- By Application:
- Vehicles
- Air Compressors
- Vacuum Pumps
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydraulic Pressure Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hydraulic pressure sensors are used to measure the pressure of a fluid. They can be found in many different applications, such as oil and gas production, water treatment, and mining.
Some of the major companies in the hydraulic pressure sensors market are Variohm Eurosensor, PCB Piezotronics, Honeywell, Sensata Technologies, Danfoss, Balluff, WIKA, TE Connectivity.
The hydraulic pressure sensors market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydraulic Pressure Sensors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydraulic Pressure Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic Pressure Sensors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydraulic Pressure Sensors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydraulic Pressure Sensors Market Size & Forecast, 2020-2028
4.5.1 Hydraulic Pressure Sensors Market Size and Y-o-Y Growth
4.5.2 Hydraulic Pressure Sensors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Differential Type
5.2.2 Relative Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Vehicles
6.2.2 Air Compressors
6.2.3 Vacuum Pumps
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Pressure Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydraulic Pressure Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Differential Type
9.6.2 Relative Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Vehicles
9.10.2 Air Compressors
9.10.3 Vacuum Pumps
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Differential Type
10.6.2 Relative Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Vehicles
10.10.2 Air Compressors
10.10.3 Vacuum Pumps
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Differential Type
11.6.2 Relative Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Vehicles
11.10.2 Air Compressors
11.10.3 Vacuum Pumps
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Differential Type
12.6.2 Relative Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Vehicles
12.10.2 Air Compressors
12.10.3 Vacuum Pumps
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Differential Type
13.6.2 Relative Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Vehicles
13.10.2 Air Compressors
13.10.3 Vacuum Pumps
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydraulic Pressure Sensors Market: Competitive Dashboard
14.2 Global Hydraulic Pressure Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Variohm Eurosensor
14.3.2 PCB Piezotronics
14.3.3 Honeywell
14.3.4 Sensata Technologies
14.3.5 Danfoss
14.3.6 Balluff
14.3.7 WIKA
14.3.8 TE Connectivity
