Market Overview:
The global relative 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 automation and machine tools in various industries, such as automotive, aerospace & defense, and semiconductor. In addition, the growing demand for special-purpose machines is also contributing to the growth of this market. Based on type, the global relative pressure sensors market can be segmented into ceramic pressure sensor, diffused silicon pressure sensor, and others. The ceramic pressure sensor segment is expected to account for a major share of the global relative pressure sensors market during the forecast period owing to its high accuracy and reliability. Based on application, the global relative pressure sensors market can be divided into machine tools, automation engineering,, and special-purpose machine building.
Product Definition:
A relative pressure sensor is a device that measures the difference between two pressures, one of which is always atmospheric pressure. This type of sensor is used in many applications, including weather forecasting, aircraft navigation, and oil exploration.
Ceramic Pressure Sensor:
Ceramic pressure sensor is a relative motion detector which works on the principle of piezoelectricity. It generates an electric signal in response to applied forces or pressures. These sensors are used for measuring the force, position, and displacement of objects with high accuracy and sensitivity. They are widely used in industrial robotics applications as they can be easily integrated into robotic systems without any significant changes being made to the design of these devices.
Diffused Silicon Pressure Sensor:
Diffused silicon pressure sensor is a new technology that has been developed to measure the hydrostatic pressure. The working principle of this sensor is based on measuring the resistance of silicon wafers in between two electrodes, which are mounted on different substrates. This device measures the relative rather than absolute pressure and its measurement accuracy depends upon how well aligned are the alignment of wafers within a given period along with other factors.
Application Insights:
The machine tools application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing demand for metal cutting machines, drilling machines, etc., across various industries such as construction, automotive, aerospace and defense among others.
Special-purpose machine building applications are expected to witness significant growth over the forecast period owing to an increase in industrial automation activities globally. Pressure sensors are used in various applications including automated manufacturing systems (AMS), robotic arms & assembly lines on account of their ability to measure pressure with high accuracy and sensitivity while working under heavy loads or vibrations.
Regional Analysis:
Asia Pacific regional market dominated the global industry in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing demand for industrial automation and rising investments in R&D. In addition, growing awareness regarding process safety & security coupled with rapidly expanding manufacturing sector are some of the factors projected to drive product demand over the next eight years.
The machine tools segment is anticipated to witness significant growth over the coming years on account of rising demand from industries including aerospace, automotive, marine, and others that require precision machine tools with high durability at a low cost. Europe accounted for more than 25% share of global revenue in 2017 owing to rapid technological advancements along with increased spending on research & development activities by manufacturers operating within this region.
North America also held a considerable market share due to presence of numerous manufacturers focusing on developing innovative products customized towards various end-use industries such as food processing.
Growth Factors:
- Increasing demand for pressure sensors in automotive industry for advanced safety features
- Rising demand from medical sector for diagnosis and treatment of various diseases
- Growing popularity of wearable devices that require accurate pressure sensing capabilities
- Proliferation of smart homes and Internet-of-Things (IoT) devices that need reliable pressure sensing technologies
- Technological advancements in microelectromechanical systems (MEMS) technology that enable smaller, more sensitive and affordable relative pressure sensors
Scope Of The Report
Report Attributes
Report Details
Report Title
Relative Pressure Sensors Market Research Report
By Type
Ceramic Pressure Sensor, Diffused Silicon Pressure Sensor, Others
By Application
Machine Tools, Automation Engineering, Special-purpose Machine Building
By Companies
WIKA Alexander Wiegand, IFM Electronic, Honeywell, Baumer Group, FUTEK Advanced Sensor Technology, Gems Sensors & Controls, Panasonic, Kobold Messring, BD Sensors, Burster, KELLER
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Relative Pressure Sensors Market Report Segments:
The global Relative Pressure Sensors market is segmented on the basis of:
Types
Ceramic Pressure Sensor, Diffused Silicon Pressure Sensor, Others
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
Machine Tools, Automation Engineering, Special-purpose Machine Building
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:
- WIKA Alexander Wiegand
- IFM Electronic
- Honeywell
- Baumer Group
- FUTEK Advanced Sensor Technology
- Gems Sensors & Controls
- Panasonic
- Kobold Messring
- BD Sensors
- Burster
- KELLER
Highlights of The Relative 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:
- Ceramic Pressure Sensor
- Diffused Silicon Pressure Sensor
- Others
- By Application:
- Machine Tools
- Automation Engineering
- Special-purpose Machine Building
- 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 Relative 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.
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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?
A relative pressure sensor is a type of sensor that measures the difference in atmospheric pressure between two points. This allows for the determination of altitude or air pressure.
Some of the major companies in the relative pressure sensors market are WIKA Alexander Wiegand, IFM Electronic, Honeywell, Baumer Group, FUTEK Advanced Sensor Technology, Gems Sensors & Controls, Panasonic, Kobold Messring, BD Sensors, Burster, KELLER.
The relative pressure sensors market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Relative 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 Relative Pressure Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Relative 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 Relative 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 Relative Pressure Sensors Market Size & Forecast, 2020-2028
4.5.1 Relative Pressure Sensors Market Size and Y-o-Y Growth
4.5.2 Relative 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 Ceramic Pressure Sensor
5.2.2 Diffused Silicon Pressure Sensor
5.2.3 Others
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 Machine Tools
6.2.2 Automation Engineering
6.2.3 Special-purpose Machine Building
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Relative 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 Relative 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 Ceramic Pressure Sensor
9.6.2 Diffused Silicon Pressure Sensor
9.6.3 Others
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 Machine Tools
9.10.2 Automation Engineering
9.10.3 Special-purpose Machine Building
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 Ceramic Pressure Sensor
10.6.2 Diffused Silicon Pressure Sensor
10.6.3 Others
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 Machine Tools
10.10.2 Automation Engineering
10.10.3 Special-purpose Machine Building
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 Ceramic Pressure Sensor
11.6.2 Diffused Silicon Pressure Sensor
11.6.3 Others
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 Machine Tools
11.10.2 Automation Engineering
11.10.3 Special-purpose Machine Building
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 Ceramic Pressure Sensor
12.6.2 Diffused Silicon Pressure Sensor
12.6.3 Others
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 Machine Tools
12.10.2 Automation Engineering
12.10.3 Special-purpose Machine Building
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 Ceramic Pressure Sensor
13.6.2 Diffused Silicon Pressure Sensor
13.6.3 Others
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 Machine Tools
13.10.2 Automation Engineering
13.10.3 Special-purpose Machine Building
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 Relative Pressure Sensors Market: Competitive Dashboard
14.2 Global Relative Pressure Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WIKA Alexander Wiegand
14.3.2 IFM Electronic
14.3.3 Honeywell
14.3.4 Baumer Group
14.3.5 FUTEK Advanced Sensor Technology
14.3.6 Gems Sensors & Controls
14.3.7 Panasonic
14.3.8 Kobold Messring
14.3.9 BD Sensors
14.3.10 Burster
14.3.11 KELLER
