A sensor that transforms physical pressure into an electrical signal is known as a pressure transducer. They can be used to gauge pressure in both gases and liquids. According to their specifications, pressure transducers, which are another name for pressure transducers, are appropriate for a variety of applications in various fields.
New York, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Pressure Transducer Market Size, Share & Industry Trends Analysis Report By Technology, By End Use, By Regional Outlook and Forecast, 2022 – 2028" - https://www.reportlinker.com/p06322265/?utm_source=GNW The interior diaphragm of the pressure transducer is attached to strain gauges, which are used in most pressure transducers. The diaphragm will deflect as pressure is applied through the pressure port, which causes the strain gauges to compress and change the output signal. For the pressure transducer to provide an accurate pressure reading, the strain gauges’ deformation must be directly proportional to the force being applied. Pressure transducers accurately detect pressure in PSI or Bar. An instrument known as a pressure transducer transforms mechanical pressure into an electrical signal. A pressure transducer is made up of pressure-sensitive components that aid in the detection, measurement, and monitoring of the input pressure as well as the conversion of that pressure into an electrical output signal. Depending on the size, capacity, measuring technique, sensing technology, and output requirements, there are various types of pressure transducers. Covid-19 Impact Analysis The pressure transducer sector is only one of the many markets that have been severely impacted by the COVID-19 pandemic. The strict controls that some governments imposed have disrupted the supply chain and forced the closure of numerous industries. Additionally, the market for pressure transducers in the automotive industry has decreased globally due to severe border controls and lockdowns. These elements have influenced how the market has grown throughout the crisis. However, due to acceptance and developments in Microelectromechanical systems (MEMS) technology, the post-COVID-19 pandemic impact on the pressure transducer industry is anticipated to increase steadily. Market Growth Factors Increasing need for industrial automation and optimal pressure type utilization In industrial automation, it is crucial to have the proper amount of process control, as well as monitoring and maintaining process parameters. Industrial automation can address difficulties with industrial health & safety in a variety of process industries while also enhancing productivity, lowering operational costs, and improving product quality. The discrete and process sectors have stepped up their efforts to put best practices into place to cut waste and boost plant productivity. A pressure transducer continuously or periodically measures crucial factors including pressure, flow, and level. Increasing automobile demand is driving demand for pressure transducers The vehicle has sensors for occupant identification, battery control, and pollution control, all of which have seen recent growth. In the automobile industry, sensors are used to monitor the pressure inside pipes or chambers with many entrances as well as the outside air pressure that is sucked in from the outside. It is anticipated that several factors, including low automotive penetration, rising disposable incomes, and a resulting increase in vehicle adoption, will propel this industry’s revenue growth in the APAC region and be significant in the years to come in countries with economies like India and China. Market Restraining Factors Major players’ intense pricing pressure will constrain market growth Due to intense competition in the pressure transducer market and an increase in the number of sensor manufacturers, which forces rapid innovation in new portables and consumer products, price erosion hurts the sales growth and increased shipment of pressure transducers in automated intelligent controls and wearable electronics. Although the shipment of these sensors has expanded due to their broad use in wearable electronics and automated intelligent controls, price erosion has severely slowed the expansion in sales. Pressure Type Outlook On the basis of Pressure Type, the Pressure Transducer Market is divided into Absolute, Gauge, and Differential. The absolute segment garnered the largest revenue share in the pressure transducer market in 2021. An absolute pressure sensor measures air or gas pressure in absolute terms by comparing the target pressure to the known pressure of an absolute vacuum. These sensors are frequently used in the automotive industry to measure biometric pressure and provide engine load information to the powertrain control module. Technology Outlook Based on the Technology, the Pressure Transducer Market is segmented into Piezoresistive Strain Gauge, Capacitance, and Others. The capacitance segment witnessed a significant revenue share in the pressure transducer market in 2021. Due to the availability of miniature capacitance type transducers made possible by MEMS (micro-electromechanical systems) technology, these devices are more widely used than before. Due to downsizing, capacitive pressure sensors are now less expensive to produce. End Use Outlook By End Use, the Pressure Transducer Market is classified into Automotive, Consumer Electronics, Industrial, Healthcare, Oil and Gas, and Others. The automotive segment procured the highest revenue share in the pressure transducer market in 2021. Growth in the automotive sub-segment is anticipated to be fueled by rising consumer demand for passenger cars in developing nations as a result of rapid economic development, as well as increased uptake of cutting-edge automotive technologies like tire pressure monitoring systems (TPMS), anti-skid braking systems (ABS), electronic stability control (ESC), and airbags in the market for passenger cars. Regional Outlook Region-wise, the Pressure Transducer Market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segments acquired a substantial revenue share in the pressure transducer market in 2021. The automobile sector, which uses pressure sensors for a range of applications such as Tire Pressure Monitoring systems (TPMS) and Exhaust Gas Recirculation (EGR) systems is the key driver of the pressure sensor market. Government laws requiring pressure sensors in autos have raised the need for pressure transducers. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Corporation, Sensata Technologies Holdings PLC, ABB Group, Honeywell International Inc, Robert Bosch Gmbh, NXP Semiconductors N.V., TE Connectivity, Endress+Hauser AG, Setra Systems, Inc. (Fortive Corporation) and Validyne Engineering. Scope of the Study Market Segments covered in the Report: By Pressure Type • Absolute • Gauge • Differential By Technology • Piezoresistive Strain Gauge • Capacitance • Others By End Use • Automotive • Consumer Electronics • Industrial • Oil & Gas • Healthcare • Others By Geography • North America o US o Canada o Mexico o Rest of North America • Europe o Germany o UK o France o Russia o Spain o Italy o Rest of Europe • Asia Pacific o China o Japan o India o South Korea o Singapore o Malaysia o Rest of Asia Pacific • LAMEA o Brazil o Argentina o UAE o Saudi Arabia o South Africa o Nigeria o Rest of LAMEA Companies Profiled • Panasonic Corporation • Sensata Technologies Holdings PLC • ABB Group • Honeywell International Inc • Robert Bosch Gmbh • NXP Semiconductors N.V. • TE Connectivity • Endress+Hauser AG • Setra Systems, Inc. (Fortive Corporation) • Validyne Engineering Unique Offerings • Exhaustive coverage • Highest number of market tables and figures • Subscription based model available • Guaranteed best price • Assured post sales research support with 10% customization free Read the full report: https://www.reportlinker.com/p06322265/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
Tesla deliveries in the third quarter hit a record, but missed views as EV giant faces China demand concerns. How will Tesla stock react?
Dozens of sailings from Asia to U.S. ports are set to be canceled in October as deteriorating economic conditions weigh on demand to ship goods worldwide.
(Bloomberg) -- Pakistan’s small textile mills, which make products ranging from bedsheets to towels mainly for consumers in the US and Europe, are starting to shut after devastating floods wiped out its cotton crop.Most Read from BloombergCredit Suisse Turmoil Deepens With Record Stock, CDS LevelsTesla Slumps as Deliveries Disappoint Due to Logistic SnarlsOPEC+ to Consider Output Cut of More Than 1 Million BarrelsUkraine Latest: Zelenskiy Says Lyman ‘Fully Cleared’ of RussiansGet Ready for Anoth
Oil prices were up in early trading on Monday as expectations mounted for a hefty oil-production cut from OPEC and its allies at their October meeting. Brent crude the international standard, was up 4.2% at $88.75 a barrel. West Texas Intermediate the U.S. standard, was up 4.2% at $82.94 a barrel.
Oil prices jumped on Monday following reports that the OPEC+ cartel is planning a large production cut. Stephen Innes, managing partner at SPI Asset Management, noted that worries about reduced demand in coming months was evident in markets, where the cost of oil futures were lower in contracts for next year.
MOSCOW (Reuters) -Russian manufacturing activity grew at its fastest rate in 3-1/2 years in September, driven by rises in production, new orders and client demand, a business survey showed on Monday, though Western sanctions continued to weigh on export business. The S&P Global Purchasing Managers' Index (PMI) rose in September to 52.0 from 51.7 in the previous month, climbing higher above the 50.0 mark that separates expansion from contraction to its highest point since March 2019. "Client demand was focused on domestic customers, however, as new export orders declined steeply," S&P Global said in a monthly survey.
Thus far, a shortage of cars due to supply disruptions, combined with a preference for personal transport, has seen consumers willing to shell out more money, largely protecting profits at automakers and auto dealers who have pulled back on discounts. But used-car dealer CarMax Inc rang the alarm bells on Thursday, suggesting consumers were beginning to pull back from big-ticket purchases due to decades-high inflation.
Investment bank analysts think both of these stocks have what they need to deliver big gains in the foreseeable future.
Chinese smartphone maker Xiaomi Corp on Sunday said it was "disappointed" with an Indian order that froze $682 million of its assets and would continue to protect its interests. An Indian appellate authority on Friday confirmed an April order by India's federal financial crime fighting agency, the Enforcement Directorate, to seize 55.51 billion rupees, saying a probe found Xiaomi had made illegal remittances to foreign entities by passing them off as royalty payments.
Carriers focus on challenges in planning their networks and increasing flights as plane makers juggle supply-chain, other constraints.
When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Google, Microsoft and Nvidia.
The Paris-based IEA said in its quarterly gas report released Monday that European Union countries would need to reduce use by 13% over the winter in case of a complete Russian cutoff amid the war in Ukraine.
Readers are fed up with relentless increases in gas prices in California, and the explanations that are used to justify them.
(Bloomberg) -- China has curbed exports of corn starch in a signal that the world’s biggest corn importer is likely worried about local supplies. The government has asked companies to suspend shipments to stabilize corn prices and contain inflation risks, according to Ma Wenfeng, a senior analyst at the Beijing Orient Agribusiness Consultant Co. Corn starch is commonly used as an ingredient to thicken soups and sauces or for paper products and adhesives.Despite the relatively small volume of exp
The Bureau of Labor Statistics will report the August Job Openings and Labor Turnover Survey on Tuesday, and the September jobs report and unemployment rate on Friday.
A new California law could see fast food workers getting paid $22 an hour—and is seen by backers as a model for other states.
CDW, EPAM Systems and Nutanix have been highlighted in this Industry Outlook article.
UK manufacturing PMI shows falling output.
(Bloomberg) -- OPEC+ will consider cutting oil output by more than 1 million barrels a day, according to delegates, when it meets in person on Wednesday for the first time in more than two years.A larger-than-expected reduction would reflect the scale of the producer group’s concern that the global economy is slowing in the face of rapidly tightening monetary policy. A final decision won’t be made until oil ministers meet in OPEC’s Vienna headquarters, the delegates said. A cut of 1 million barr
Europe is at the epicentre of a global manufacturing slump, according to a closely watched survey that showed the bloc's two biggest economies are struggling to remain competitive.