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Global Pressure Sensors Market is valued at USD 14.68 Billion in 2021 and expected to reach USD 25.32 Billion by 2028 with a CAGR of 8.1% over the forecast period.
Global Pressure Sensors Market Global Size, Trends, Competitive, Historical & Forecast Analysis to 2022-2028, Increase in use of pressure sensors in automotive industry, rising demand for smart wearables & health monitoring devices, and growing use of pressure sensors in household appliances such as refrigerator & washing machines are anticipated to drive the growth of Global Pressure sensors Market.
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The Companies are working in Pressure Sensors Market:
Scope of Global Pressure Sensors Market Report-
The force exerted on a surface per unit area is expressed as pressure. A pressure sensor is a device that detects a force (pressure) exerted on a surface and transforms it to an electrical signal with strength proportional to the force. The force exerted can also be measured using pressure sensors. The piezoelectric effect is utilized in the majority of pressure sensors. In reaction to stress, a material generates an electric charge. Pressure is the most common source of stress, although it can also be caused by twisting, bending, or vibrations.
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Recent Development on Pressure Sensors Market Overview-
Resonetics Announced Acquisition of FISO Technologies
On November 9th, 2021; FISO Technologies Inc. (FISO), a prominent creator and producer of fiber optic sensors and signal conditioners, purchased by Resonetics from Nova Metrix LLC. FISO, situated in Quebec City, offers cutting-edge fiber optic development and sophisticated manufacturing expertise to assist high-volume manufacture of complicated fiber optic products for the medical device and energy sectors. Pressure, temperature, force, displacement, and location are just a few of the factors that FISO sensors can measure.
Pressure Sensors Market Segmentation Analysis-
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