Hi, what are you looking for?

According to Research Dive analysis, the global pressure transducer market is estimated to generate a revenue of $9,986.2 million by 2028, increasing from $6,271.8 million in 2020, at a healthy CAGR of 6.1%.

Impact Analysis of COVID-19 on the Global Pressure Transducer Market:

Lockdowns imposed in several countries to halt the spread of COVID-19 have hampered pressure sensor manufacturing and the supply chain. The majority of factories remained closed or were unable to reach full production capacity due to the COVID-19 outbreak, which resulted in a lack of staff and raw materials. These actions have had a negative impact on the global pressure transducer market.

Pressure sensors of various types are used in a variety of end-user industries, including absolute pressure sensors, differential pressure sensors, and gauge pressure sensors. The growth of end-user industries, primarily automotive, industrial, utility, aviation, oil and gas, and marine, is highly dependent on the pressure transducer market. Because of the high number of COVID-19 cases, the growth of the aforementioned industries has slowed significantly, particularly in developing countries.

A pressure transducer, also known as a pressure transmitter, is a device that converts pressure into an analogue electrical signal. Despite the fact that there are many different types of pressure transducers, one of the most common is the strain-gage base transducer. Automotive, telecommunications, consumer electronics, industrial, oil & gas, water & wastewater monitoring, agriculture equipment, machine tools, process control, marine, industrial gases, food & beverages, HVAC, and telemetry are all applications for pressure transducers. A pressure transducer is used in the oil & gas industry to measure pressure levels in liquid pipes or tanks, inlet, outlet, or system pressure, and other applications. Pressure transducers are expected to be in high demand in a variety of applications around the world in the near future.

Download PDF Sample Report For More [email protected] https://www.sdki.us/sample-request-116427

On the other hand, volatility of market price of virgin materials, upcoming pressure transducer regulations, and COVID-19 economic crisis may act as new restraints to the global pressure transducer market, during the analysis period.

The pressure measurement field has seen an increase in the adoption of technologically advanced, reliable, and accurate pressure transducers, creating lucrative opportunities for the global pressure transducer market. To meet changing market demands, leading manufacturers are focusing on the development of pressure transducers with technologically advanced functions and features. For instance, in September 2021, TDK Corporation, the Japanese multinational electronics, the company recently released a new line of barometric pressure sensors for smartphones, tablets, drones, and smart home appliances.

Based on technology type, the global market for pressure transducer market is categorized as piezoresistive strain gauge, capacitance, and others. The capacitance sub-segment is projected to acquire the fastest growth and generate a revenue of $3,679.3 million by 2028.

Based on pressure type, the market is classified into absolute pressure, gauge pressure, differential pressure. The gauge pressure sub-segment garnered $2,194.8 million in 2020 and it is projected to grow exponentially by 2028.

Based on end-use, the market is classified into automotive, consumer electronics, industrial, healthcare, oil & gas, and others. The industrial sub-segment acquired a revenue of $1,008.0 million in 2020 and is estimated to grow rapidly by 2028.

Based on geographical scope, the market was investigated across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific market is anticipated to flourish at a growth rate of 7.0% by 2028 from the revenue generated in 2020.

Access Free PDF Sample Report [email protected] https://www.sdki.us/sample-request-116427

The companies involved in the global pressure transducer market are Panasonic Corporation, Sensata Technologies, Inc, ABB Ltd, Honeywell International Inc, Validyne Engineering, Robert Bosch Gmbh, NXP semiconductors, Setra Systems, Inc. (Fortive), ControlAir, Inc., and Kulite Semiconductor Products Inc.

SDKI Inc goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.

600 S Tyler St Suite 2100 #140 AMARILLO, TX 79101 Email:– [email protected]

We’re pretty used to absurd claims from China, but this one is so utterly unrealistic it’s almost unique.

Thousands have fled conflict between the Taliban and fighters loyal to Mahdi Mujahid, the group's former intelligence chief for Bamiyan - Copyright AFP Ahmad...

Asian markets rose following a third straight rally on Wall Street, as below-par US data eased expectations for interest rate hikes.

'I would like to express my deep sympathies to you and wish you a speedy recovery,' Xi wrote in the message, CCTV reported -...

COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.