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The Wireless Pressure Sensors Market is segmented by Technology (Piezoresistive, CMOS, Capacitive, Optical Sensing, Piezoelectric), End-user Industry (Oil & Gas, Automotive, Healthcare, Consumer Electronics, IT and Telecom, Power & Energy, Entertainment & Media), and Geography.
Study Period:
2019-2025
Base Year:
2019
Fastest Growing Market:
Asia Pacific
Largest Market:
North America
CAGR:
20.80 %
The Wireless Pressure Sensors market was valued at USD 691.9 million in 2019 and is expected to reach USD 2803.5 million by 2025, at a CAGR of 20.8% over the forecast period 2020 - 2025, majorly driven by advancements in MEMS technology and its rapid adoption in connected devices, growing demand from automotive and medical device industries, increasing adoption of pressure sensors in consumer goods and wearables, and stringent government regulations. The wireless sensors market is a rapidly growing field as many sensor manufacturers are focusing on technological research and improvements in wireless sensing technology.
A wireless pressure sensor is a device that measures the changes in the physical quantity or environmental characteristics of any material and converts them into signals, which, in turn, serve as inputs for controlling the device. These sensors are self-contained, battery-powered monitoring solutions that are useful for many industrial applications including wellhead pressure and casing pressure monitoring. It typically measures the pressure of a variety of gases and liquids and usually acts as a transducer that generates an electric signal due to applied pressure.
By Technology | |
Piezoresistive | |
CMOS | |
Capacitive | |
Optical Sensing | |
Piezoelectric | |
Other Technologies |
By End-user Industry | |
Oil & Gas | |
Automotive | |
Healthcare | |
Consumer Electronics | |
IT and Telecom | |
Power & Energy | |
Entertainment & Media | |
Other End-user Industries |
Geography | ||||||
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The wireless pressure sensors market is highly competitive and consists of several major players. With a myriad of applications, the manufacturers are offered with increased potential owing to which they are adopting strategies such as collaborative initiatives, product innovations to increase their market share and increase their profitability. Therefore, the market concentration is low with players striving to expand their reach.
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Growth in Automotive and Health Care Industries
4.3.2 Increasing Adoption of Wireless Systems Due to Industry 4.0
4.4 Market Restraints
4.4.1 High Cost Associated with Sensing Products
4.4.2 Low Product Differentiation
4.5 Technology Snapshot
4.6 Industry Attractiveness - Porter's Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Technology
5.1.1 Piezoresistive
5.1.2 CMOS
5.1.3 Capacitive
5.1.4 Optical Sensing
5.1.5 Piezoelectric
5.1.6 Other Technologies
5.2 By End-user Industry
5.2.1 Oil & Gas
5.2.2 Automotive
5.2.3 Healthcare
5.2.4 Consumer Electronics
5.2.5 IT and Telecom
5.2.6 Power & Energy
5.2.7 Entertainment & Media
5.2.8 Other End-user Industries
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Rest of Europe
5.3.3 Asia Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Rest of Asia-Pacific
5.3.4 Rest of the World
5.3.4.1 Latin America
5.3.4.2 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 ABB Group
6.1.2 Emerson Electric Company
6.1.3 ESI, Inc.
6.1.4 Honeywell International, Inc.
6.1.5 Infineon Technologies AG
6.1.6 OleumTech Corporation
6.1.7 Phoenix Sensors LLC
6.1.8 Siemens AG
6.1.9 TE Connectivity Ltd
6.1.10 Texas Instruments, Inc.
6.1.11 Acuity Incorporated
6.1.12 Analog Devices, Inc.
6.1.13 Rockwell Automation, Inc.
6.1.14 Murata Manufacturing Co., Ltd.
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability