Pressure Switch Market Competitive Scenario till 2023: Demands, Sales, Revenue, Cost Structure - PowerPoint PPT Presentation

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Pressure Switch Market Competitive Scenario till 2023: Demands, Sales, Revenue, Cost Structure

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The report "Pressure Switch Market by Type (Electromechanical, Solid State), Pressure Range (Below 100 bar, 100–400 bar, Above 400 bar), Application (HVAC, Monitoring & Control, Safety & Alarm Systems, Hydraulics & Pneumatics), End-User - Global Forecast to 2023", The pressure switch market is expected to grow from an estimated USD 1.69 billion in 2018 to USD 2.09 billion by 2023, at a CAGR of 4.39%, from 2018 to 2023. Rising focus on process automation and rising investments in the transportation sector are expected to drive the pressure switch market. Moreover, the low cost of pressure switches coupled with their multi-functionality has resulted in wide use of pressure switches in applications in oil & gas, chemicals, power generation, water & wastewater, and mining industries. – PowerPoint PPT presentation

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Title: Pressure Switch Market Competitive Scenario till 2023: Demands, Sales, Revenue, Cost Structure


1
Pressure Switch Market Competitive Scenario till
2023 Demands, Sales, Revenue, Cost Structure
www.MarketsandMarkets.com
2
According to the new market research
report "Pressure Sensor Market by Product
(Absolute, Differential, Gauge, Vacuum, and
Sealed), Technology (Piezoresistive, Capacitive,
Electromagnetic, Resonant), Application
(Automotive, Medical, Industrial, Utilities) and
Geography - Global Forecast to 2023", the
pressure sensor market is expected to grow from
USD 8.30 Billion in 2017 to USD 11.30 Billion by
2023, at a CAGR of 5.27 between 2017 and 2023.
The factors driving the growth of this market are
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. PDF Brochure
https//www.marketsandmarkets.com/pdfdownload.asp
?id52557932

3
Differential pressure sensor market is expected
to grow at the highest CAGR during the forecast
period The differential pressure sensor market
is expected to grow at the highest CAGR between
2017 and 2023. Differential pressure sensors
provide the difference between two pressure
sources through two ports, allowing customers to
provide required pressure inputs to the device
for measuring the readings. This flexibility
offered by the device helps drive the growth of
the differential pressure sensor market at the
highest CAGR during the forecast period. Request
for Customization https//www.marketsandmarkets.
com/requestCustomization.asp?id52557932
4
Browse gtgt 67 market data
tables 68 figures
149 pages and in-depth TOC on
Pressure Switch Market Early buyers will
receive 10 customization on this report. This
is a Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
5
Asia Pacific (APAC) expected to lead the
pressure sensor market between 2017 and
2023 Asia Pacific (APAC) is expected to hold the
largest share of the pressure sensor market
during the forecast period. The pressure sensor
market in countries such as China, India, Japan,
and South Korea is expected to grow at the
highest CAGR due to the increasing deployment of
automated storage and retrieval systems (ASRS)
and rising awareness about the importance of
automated systems. The major players operating in
the pressure sensor market include Honeywell
(US), ABB (Switzerland), NXP Semiconductors
(Netherland), Infineon Technologies (Germany),
Emerson Electric (US), General Electric (US),
Siemens (Germany), STMicroelectronics
(Switzerland), and Robert Bosch (Germany).
6
  • Target Audience
  • Automotive transportation sector
  • Component manufacturers and suppliers
  • Consulting companies in power sector
  • Government and power research organizations
  • Industrial automation service providers
  • Pressure switch suppliers and manufacturers
  • Process and manufacturing industries
  • Speak to analyst _at_ https//www.marketsandmarkets.c
    om/speaktoanalyst.asp?id52557932

7
  • Key players -
  • To enable an in-depth understanding of the
    competitive landscape, the report includes the
    profiles of some of the top players in the
    market. These include
  • ABB
  • Eaton
  • Danfoss
  • Schlumberger
  • Parker
  • Barksdale
  • Baumer Group
  • BDSensors
  • Bosch
  • Emerson
  • Buy Now -
  • https//www.marketsandmarkets.com/Purchase/purchas
    e_report1.asp?id52557932

8
Contact Mr. Shelly Singh MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 UK
44-800-368-9399 Email sales_at_marketsandmarkets.com
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