Capacitive Ceramic Pressure Sensors Market Size Is Projected To Reach USD 1.74 Billion By 2030, Growing At A CAGR Of 7.34%: Straits Research
| Report Metric | Details |
| Market Size | USD 1.74 Billion by 2030 |
| CAGR | 7.34 % (2022-2030) |
| Historical Data | 2019-2020 |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Applications, Regions |
| Geographies Covered | North America, Europe, Asia-Pacific, LAME and Rest of the World |
| Key Companies Profiled/Vendors | Vega Americas Inc, Nanjing Jiucheng Technology Co. Limited, Sensata Technologies Holding PLC (Impress Sensors and Kavlico Corporation), Metallux SA, Pewatron AG, ACS-Control-System GmbH, BD|SENSORS GmbH, Baumer Ltd, Sitron, Shenzhen Amperon Technology Co. Ltd, ifm electronic GmbH, Setra Systems |
| Key Market Opportunities | Growing Medical Applications |
| Key Market Drivers | Growing Ceramic Pressure Sensor Capabilities in Harsh Environment Conditions |
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Regional Analysis
North America is the most significant global capacitive ceramic pressure sensors market shareholder and is expected to grow at a CAGR of 6.84% during the forecast period. The capacitive ceramic pressure sensor market is expected to dominate North America due to its stable industrial structure across all sectors. Due to the region's increased research and development, activity is becoming more and more dominating in inventions and commercialization. These sensors, which have more significant optimization, control, and safety enhancements, make up the largest transduction type group in the automobile industry and are key market growth factors. Passenger cars have the largest market share in the vehicle type sector in the United States. This segment's growth has been mainly attributed to the easier availability of parts and businesses that produce similar goods. Such rules in the area drive the market for capacitive ceramic pressure sensors because their applications in the automobile sector are expanding.
Asia-Pacific is expected to grow at a CAGR of 9.07%, generating USD 612.72 million during the forecast period. China is expected to dominate the capacitive ceramic pressure sensor market due to the presence of essential firms like Nanjing Jincheng Technology Co. Limited and Shenzhen Amperon Technology Co. Limited. To manufacture and market JC pressure, differential pressure, liquid level sensors, and transmitters in China, businesses like Nanjing introduced China to strict product quality standards, cutting-edge production technology, equipment, and processes. Due to the increasing demand for in situ pressure measurement in high-temperature conditions, high-temperature capacitive ceramic pressure sensors have grown more widespread in the region. Accurate pressure measurement in high-temperature environments is crucial for many applications, including those in the civil industry, aero-engine turbines, advanced industries, aerospace, and automotive.
The expectations of pressure sensor designers and producers to achieve optimum performance in various temperature, vibration, media, shock, and electromagnetic circumstances have increased due to the advent of electric or in the European automobile sector. Rising exports of automotive parts increased R&D activities, and advancements in the local automotive industry are all expected to fuel demand for the market in the area. The area's many vendors have made some expansion efforts, primarily accomplished through mergers and alliances. As part of the collaboration, Angst+Pfister Sensors and Power will promote and offer Superior Sensor product lines such as the ND Series, HV Series, and SP Series. Additionally, the commercial sectors of the chemical, HVAC, food and beverage, and energy industries are increasingly using these pressure sensors. Businesses like Metallux have made their ceramic pressure sensor available in several configurations for industrial applications, including absolute, gauge, and sealed gauge.
Key Highlights
- The was valued at USD 921.17 million in 2021. It is projected to reach USD 1,742.59 million by 2030, growing at a CAGR of 7.34% during the forecast period (2022-2030). Based on applications , the global capacitive ceramic pressure sensors market is bifurcated into automotive and transportation (marine, others), industrial (food and beverage, HVAC, energy and chemical, others), medical, and other applications. The automotive and transportation segment is the highest contributor to the market and is expected to grow at a CAGR of 6.12% during the forecast period. North America is the most significant global capacitive ceramic pressure sensors market shareholder and is expected to grow at a CAGR of 6.84% during the forecast period.
Competitive Players in the Global capacitive ceramic pressure sensors market
- Vega Americas, Inc. Nanjing Jiucheng Technology Co. Limited Sensata Technologies Holding PLC(Impress Sensors and Kavlico Corporation) Metallux SA Pewatron AG ACS-Control-System GmbH. BD|SENSORS GmbH Baumer Ltd Sitron Shenzhen Amperon Technology Co. Ltd ifm electronic GmbH Setra Systems
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Global Capacitive Ceramic Pressure Sensors Market: Segmentation
By Applications
- Automotive and Transportation (Marine, others) Industrial (Food and Beverage, HVAC, Energy and Chemical, others) Medical
By Regions
- North America Europe Asia-Pacific LAMEA
TABLE OF CONTENT
Introduction Market Definition Market Scope Research Methodology Primary Research Research Methodology Assumptions & Exclusions Secondary Data Sources Market Overview Report Segmentation & Scope Value Chain Analysis: Capacitive Ceramic Pressure Sensors Market Key Market Trends Drivers Restraints Opportunities Porter's Five Forces Analysis Bargaining Power of Suppliers Bargaining Power of Buyers Threat of Substitution Threat of New Entrants Competitive Rivalry Market Share Analysis Applications Overview Introduction Market Size & Forecast Automotive and Transportation Market Size & Forecast Industrial Market Size & Forecast Overview Introduction Market Size & Forecast Regional Overview Introduction Market Size & Forecast America North America U.S. By Applications Canada By Applications Mexico By Applications Latin America By Applications Europe Market Size & Forecast Germany By Applications France By Applications U.K. By Applications Italy By Applications Spain By Applications Rest of Europe By Applications Asia Pacific Market Size & Forecast Japan By Applications China By Applications Australia By Applications India By Applications South Korea By Applications Rest of Asia-Pacific By Applications Middle East & Africa Market Size & Forecast Saudi Arabia By Applications South Africa By Applications Kuwait By Applications Rest of Middle East & Africa By Applications Company Profile Vega Americas Inc Company Overview Financial Performance Recent Developments Product Portfolio Nanjing Jiucheng Technology Co. Limited Company Overview Financial Performance Recent Developments Product Portfolio Sensata Technologies Holding Company Overview Financial Performance Recent Developments Product Portfolio Conclusion & Recommendation Acronyms & Abbreviations
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Market News
- In March 2022 , VEGA introduced THE 6X®, which is a straightforward radar formula for producing improved results. In July 2022 , Sensata technologies developed a passive inceptor for the advanced air mobility market.
News Media
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