Dublin, May 17, 2023 (GLOBE NEWSWIRE) -- The "Wireless Pressure Sensors: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Wireless Pressure Sensors estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$6.3 Billion by 2030, growing at a CAGR of 18.6% over the analysis period 2022-2030.
Piezoresistive, one of the segments analyzed in the report, is projected to record a 19.9% CAGR and reach US$2.2 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the CMOS segment is readjusted to a revised 18.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $474.4 Million, While China is Forecast to Grow at 17.7% CAGR
The Wireless Pressure Sensors market in the U.S. is estimated at US$474.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 17.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.9% and 15.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.4% CAGR.
Select Competitors (Total 47 Featured) -
- BB Group
- Emerson Electric Company
- Honeywell International, Inc.
- Infineon Technologies AG
- OleumTech
- Siemens AG
- TE Connectivity Ltd.
- Texas Instruments, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 226 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.6 Billion |
| Forecasted Market Value (USD) by 2030 | $6.3 Billion |
| Compound Annual Growth Rate | 18.7% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Sensor and Pressure Sensor: An Introduction
- Pressure Sensors: Types, Limitations and Challenges
- Driven by Technical Advancements Wireless Sensors Find Usage in Newer and Niche Application Areas
- Industrial Wireless Sensors Exhibiting a High Growth over Short Term
- Wireless Pressure Sensors Market: Macro Industry Overview
- Wireless Pressure Sensors - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Pressure Sensing: One of the Key Growth Markets of Sensors
- Medical Sector to Benefit from Breakthroughs in Wireless Pressure Monitoring Devices
- Enabling Monitoring and Recording Physiological Data through Wireless Sensing Devices
- Graphene Based Flexible Wireless Pressure Sensor Finds Usage in Highly Sensitive Detection Devices
- Tube Shaped Wireless Pressure Sensor Developed for BP Monitoring
- Increasing Demand from Automotive and Aerospace Sectors Drive Pressure Sensors Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/b41pb
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