Pressure Sensors Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Pressure Sensors Market is segmented By Product (Absolute Pressure Sensors, Differential Pressure Sensors, Gauge Pressure Sensors), By Type (Wired, Wireless), By Technology (Piezoresistive, Electromagnetic, Capacitive, Resonant Solid-State, Optical, Others), By Application (Automotive, Oil & Gas, Consumer Electronics, Medical, Industrial, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned segments.

Pressure Sensors Market is segmented By Product (Absolute Pressure Sensors, Differential Pressure Sensors, Gauge Pressure Sensors), By Type (Wired, Wi....

Pressure Sensors Market Size

Market Size in USD

CAGR4.4%

Study Period	2024 - 2031
Base Year of Estimation	2023
CAGR	4.4%
Market Concentration	Medium
Major Players	Robert Bosch GmbH, ABB Ltd., Siemens AG, AlphaSense, City Technology Ltd.

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Pressure Sensors Market Analysis

The pressure sensors market is estimated to be valued at USD 22.92 Bn in 2024 and is expected to reach USD 30.92 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. Growth of the pressure sensors market can be attributed to wider industrial applications of pressure sensors across different industry verticals including automotive, processing industries, oil and gas, consumer electronics, and healthcare.

Pressure Sensors Market Report Snapshots

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