Market Trends of US Pressure Sensors Industry
This section covers the major market trends shaping the US Pressure Sensors Market according to our research experts:
Automotive Industry to Show Significant Growth
- The automotive industry that is currently undergoing a technology transformation, with a major objective of increasing safety, comfort, and entertainment, provides various opportunities for pressure sensors. The miniature size of these sensors, such as MEMS, is influencing their demand in the design scheme of the automotive industry, making them a crucial factor for massive adoption.
- With technological developments driving the development of autonomous and self-driving cars, the adoption of sensors in cars is expected to witness subsequent growth. In the automotive sector, safety regulations enforced by governmental organizations also play a crucial role in incorporating pressure sensors.
- For instance, in the United States, the NHTSA has mandated the use of TPMS (tire pressure monitoring system) since 2002. Hence, the US automotive sector has been leading the market studied, owing to the presence of a robust automotive sector.
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Medical Industry to Hold the Highest Market Share
- The requirement of pressure sensors in the making of ventilators has been observed to rise. Multiple vendors have continued production in support of a stable supply of pressure sensors for ventilators. As of April 2020, WIKA USA announced that it is fully operational amidst the outbreak to make Pressure Sensors for Medical Ventilators. The company also said that it had increased the production of its MG-1 pressure sensors to meet this high demand.
- As of April 2020, the University of Minnesota and the partner companies have been designing the components of a mechanical ventilator. Such trends are likely to increase the demand for pressure sensors and, thereby, are expected to put considerable pressure on the manufacturers.
- According to the U.S. Centers for Disease Control and Prevention, 1.6 to 3.8 million sports- and recreation-related TBIs occur each year in the U.S. Field data suggest that loose or improperly fitted helmets can contribute to TBIs, but no devices currently exist that can provide information about how well a helmet conforms to an individual player’s head.
- Thus, to counter this issue, researchers reporting in ACS Sensors, in March 2021, have developed a highly sensitive pressure sensor cap that, when worn under a helmet, could help reveal whether the headgear is a perfect fit.
