Pressure Switch Market by Pressure Range, Application, End-User - Global Forecast to 2023

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Pressure Switch Market by Pressure Range,
Application, End-User - Global Forecast to 2023
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The electromechanical segment is expected to hold
the largest share of the pressure switch market,
by type, during the forecast period. The
electromechanical segment led the pressure switch
market in 2017 and is projected to have the
largest market share, during the forecast period.
Increasing deployment of electromechanical
pressure switches in commercial and industrial
applications is likely to drive the demand for
the electromechanical segment in the pressure
switch market. PDF Brochure
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The HVAC segment of the pressure switch market,
by application, is expected to grow at the
highest CAGR during the forecast period. The HVAC
segment is projected to grow at the highest CAGR
from 2018 to 2023. As a part of HVAC systems,
equipment such as pumps, compressors, fans, air
conditioners, and so on are used and pressure
switches are used to control these equipment. The
use of pressure switches helps HVAC systems to
operate at optimum levels and improved
maintenance. The companies such as Honeywell, BD
Sensors, Barksdale, and KOBO among others are
involved in provision of pressure switches for
HVAC applications. So, the rising demand of HVAC
systems has led to highest CAGR of pressure
switches in HVAC segment from 2018 to
2023. Request for Customization
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The automotive transportation segment of the
pressure switch market, by end-user, is expected
to grow at the highest CAGR during the forecast
period. The automotive transportation segment
is projected to grow at the highest CAGR from
2018 to 2023. Pressure switches play a vital role
in the automotive transportation segment by
providing monitoring and control system to
various applications such as railway, marine, and
roadways. For instance, in railways, pressure
switches are used for brakes, horn operation, air
suspension, shoe gear, and compressor control,
etc. Thus, the increasing use of pressure
switches for major applications in the automotive
sector and increasing investments in the
transportation sector is expected to drive the
demand for pressure switches in the automotive
transportation sector.
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Browse gtgt 65 market data
tables 41 figures
120 pages and in-depth TOC on
Pressure Switch Market - Global Forecast to
2023 Early buyers will receive 10
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Asia Pacific The leading market for pressure
switch The pressure switch market has been
analyzed with respect to 5 regions, namely, Asia
Pacific, North America, South America, Europe,
and Middle East Africa. Asia Pacific led the
global pressure switch market in 2017. China and
Japan are the largest markets for pressure
switches in the region. The government of China
plans to enhance the investments toward process
and manufacturing industries, thus creating a
demand for the pressure switch market in the
country. Meanwhile, Japan is one of the
technologically advanced producers of
automobiles, electronics, ships, and processed
industries. Therefore, factors such as increasing
investments toward the transportation and
manufacturing sector is expected to drive the
pressure switch market in the region. Request
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• Target Audience
• The target audience of this report includes
• 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
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• 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 CHP
  market. These include
• ABB (Switzerland)
• Eaton (Ireland)
• Danfoss (Denmark)
• Schlumberger (US)
• Parker (US).
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