Piezoresistive Pressure Sensors Market Scope
Traditional pressure sensors based on bulk silicon fabrication employ PN-junction isolation technology among piezoresistive strain components. The PN-junction reverse-leakage current increases as the temperature rises, resulting in short circuits between components and device failure. Because of their tiny size, high precision, and low cost, silicon piezoresistive pressure sensors manufactured with MEMS technology have seen a lot of usage in commercial and industrial settings in recent years. Furthermore, there is a rising need for high-temperature pressure sensors for use in high-temperature settings such as oil prospecting, chemical processing, and aircraft gas turbine combustion controls, where pressure sensors must typically operate at 220°C or higher. The use of piezoresistive pressure sensors in high-temperature applications has recently been a research focus.
The Piezoresistive Pressure Sensors market study is segmented, by Application (Atmospheric Pressure Measurement, Automotive Industry, Flow Measurements in Aircrafts, Barometric Pressure and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Piezoresistive Pressure Sensors market throughout the predicted period.
ABB Ltd. (Switzerland), Amphenol Advanced Sensors (United States), Keller Corp. (United Kingdom), Yokogawa India Ltd. (Japan), Measurement Specialities Inc. (United States), Omron Corp. (Japan), Honeywell International Inc. (United States), STMicroelectronics (Switzerland), Robert Bosch GmbH (Germany) and Impress Sensors and Systems Ltd. (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are BD Sensors GmBH (Germany), Metallux SA (Switzerland) and First Sensor AG (GHermany).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Piezoresistive Pressure Sensors market by Type, Application and Region.
On the basis of geography, the market of Piezoresistive Pressure Sensors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 19th September, 2019 - TE Connectivity Acquired MEMS Manufacturer Silicon Microstructures, through its Subsidiary Measurement Specialties. The Deal Would Broaden TE's Pressure-Sensing Technology Business, Especially in Medical, Transportation, And Industrial Applications.
On 18th December, 2018 - PCB Piezotronics, Inc. Launched Subminiature ICP Pressure Sensors with Integral Lead Wires. Due to the Small Size and Stiffness of a Quartz-Sensing Element, It Has a Very High Resonant Frequency (> 250 KHz) For High Quality Measurements in Places Where Other Piezoelectric Pressure Sensors Cannot Fit or Survive.
- Emergence of Advance Sensor System Technologies
- Growing Emphasis on Miniaturization of Equipment
- Demand for Robust Design and Enhanced Performance in Rugged Environment
- Increasing Adoption in Aeronautical Sector
- Technological Limitations
- Raw Material Price Fluctuation
- Fierce Competitive Pressure
- High Initial Investment
Key Target AudiencePiezoresistive Pressure Sensor Manufactures, New Entrants and Investors, Piezoresistive Pressure Sensor Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Piezoresistive Pressure Sensors Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.