According to latest report by Global Market Insights, the pressure sensors market by application (air compressor pressure sensor, oil & gas pressure sensors, etc.), product type (absolute pressure sensor, gauge pressure sensor, differential pressure sensor), technology (piezoresistive, capacitive, optical, piezoelectric…), output (analog, digital),the market valuation of pressure sensor will cross US$13.5 billion by 2027.

For air compressor pressure sensor, it’s estimated that its market will also attain increasing development owing to the rising government initiatives to support smart manufacturing in developed economies China, Germany, the U.S., and South Korea. Air compressor pressure sensors, as an integral part of the monitoring process, measure how effectively an air compressor is running at all times and can also be used in other applications, such as refrigeration, HVAC system, energy and water treatment and so on.