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Global Pressure Sensors Market to Reach $29.7 Billion by 2030
Global Pressure Sensors Market to Reach $29.7 Billion by 2030
PR Newswire
NEW YORK, March 14, 2023
NEW YORK, March 14, 2023 /PRNewswire/ — The global economy is at a critical crossroads with a number of interlocking challenges and crises running i…
Global Pressure Sensors Market to Reach $29.7 Billion by 2030
PR Newswire
NEW YORK, March 14, 2023
NEW YORK, March 14, 2023 /PRNewswire/ -- The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Read the full report: https://www.reportlinker.com/p01171475/?utm_source=PRN
Global Pressure Sensors Market to Reach $29.7 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Pressure Sensors estimated at US$16.7 Billion in the year 2022, is projected to reach a revised size of US$29.7 Billion by 2030, growing at aCAGR of 7.4% over the period 2022-2030. Absolute Pressure Sensors, one of the segments analyzed in the report, is projected to record 7.3% CAGR and reach US$13.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Differential Pressure Sensors segment is readjusted to a revised 8.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $4.6 Billion, While China is Forecast to Grow at 11.3% CAGR
The Pressure Sensors market in the U.S. is estimated at US$4.6 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.6 Billion by the year 2030 trailing a CAGR of 11.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 6.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.
Select Competitors (Total 92 Featured)
- ABB Ltd.
- Acuity Inc.
- Alphasense Ltd.
- Analog Devices, Inc.
- AutomationDirect.com
- City Technology Ltd.
- Continental AG
- Delphi Technologies
- Dynament Limited
- Emerson Electric Company
- Festo AG & Co. KG
- Figaro Engineering, Inc.
- General Electric Company
- GFG-Gesellschaft Fur Geratebau mbH
- Membrapor AG
- Nemoto & Co., Ltd.
- NXP Semiconductors NV
- Omron Corporation
- Robert Bosch GmbH
- Robert Bosch LLC
- Rockwell Automation, Inc.
- Schneider Electric SA
- Siemens AG
Read the full report: https://www.reportlinker.com/p01171475/?utm_source=PRN
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Pressure Sensors - Global Key Competitors Percentage Market
Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for
Pressure Sensors by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets - Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR
Table 2: World Historic Review for Pressure Sensors by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 3: World 16-Year Perspective for Pressure Sensors by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets for Years 2014, 2023 & 2030
Table 4: World Recent Past, Current & Future Analysis for
Absolute Pressure Sensors by Geographic Region - USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa Markets - Independent Analysis of Annual Sales in
US$ Million for Years 2022 through 2030 and % CAGR
Table 5: World Historic Review for Absolute Pressure Sensors by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 6: World 16-Year Perspective for Absolute Pressure
Sensors by Geographic Region - Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific,
Latin America, Middle East and Africa for Years 2014, 2023 &
2030
Table 7: World Recent Past, Current & Future Analysis for
Differential Pressure Sensors by Geographic Region - USA,
Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets - Independent Analysis of Annual
Sales in US$ Million for Years 2022 through 2030 and % CAGR
Table 8: World Historic Review for Differential Pressure
Sensors by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Million
for Years 2014 through 2021 and % CAGR
Table 9: World 16-Year Perspective for Differential Pressure
Sensors by Geographic Region - Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific,
Latin America, Middle East and Africa for Years 2014, 2023 &
2030
Table 10: World Recent Past, Current & Future Analysis for
Gauge Pressure Sensors by Geographic Region - USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa Markets - Independent Analysis of Annual Sales in
US$ Million for Years 2022 through 2030 and % CAGR
Table 11: World Historic Review for Gauge Pressure Sensors by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 12: World 16-Year Perspective for Gauge Pressure Sensors
by Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030
Table 13: World Recent Past, Current & Future Analysis for
Piezoresistive by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets - Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR
Table 14: World Historic Review for Piezoresistive by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 15: World 16-Year Perspective for Piezoresistive by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030
Table 16: World Recent Past, Current & Future Analysis for
Electromagnetic by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets - Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR
Table 17: World Historic Review for Electromagnetic by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 18: World 16-Year Perspective for Electromagnetic by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030
Table 19: World Recent Past, Current & Future Analysis for
Capacitive by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Million
for Years 2022 through 2030 and % CAGR
Table 20: World Historic Review for Capacitive by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2014 through 2021 and
% CAGR
Table 21: World 16-Year Perspective for Capacitive by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030
Table 22: World Recent Past, Current & Future Analysis for
Resonant Solid State by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets - Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR
Table 23: World Historic Review for Resonant Solid State by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 24: World 16-Year Perspective for Resonant Solid State by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030
Table 25: World Recent Past, Current & Future Analysis for
Optical by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Million
for Years 2022 through 2030 and % CAGR
Table 26: World Historic Review for Optical by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2014 through 2021 and
% CAGR
Table 27: World 16-Year Perspective for Optical by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2014, 2023 & 2030
Table 28: World Recent Past, Current & Future Analysis for
Other Technologies by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets - Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR
Table 29: World Historic Review for Other Technologies by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 30: World 16-Year Perspective for Other Technologies by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030
Table 31: World Recent Past, Current & Future Analysis for
Automotive by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Million
for Years 2022 through 2030 and % CAGR
Table 32: World Historic Review for Automotive by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2014 through 2021 and
% CAGR
Table 33: World 16-Year Perspective for Automotive by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030
Table 34: World Recent Past, Current & Future Analysis for Oil &
gas by Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGR
Table 35: World Historic Review for Oil & gas by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2014 through 2021 and
% CAGR
Table 36: World 16-Year Perspective for Oil & gas by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2014, 2023 & 2030
Table 37: World Recent Past, Current & Future Analysis for
Consumer Electronics by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets - Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR
Table 38: World Historic Review for Consumer Electronics by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 39: World 16-Year Perspective for Consumer Electronics by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030
Table 40: World Recent Past, Current & Future Analysis for
Medical by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Million
for Years 2022 through 2030 and % CAGR
Table 41: World Historic Review for Medical by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2014 through 2021 and
% CAGR
Table 42: World 16-Year Perspective for Medical by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2014, 2023 & 2030
Table 43: World Recent Past, Current & Future Analysis for
Other Applications by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets - Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR
Table 44: World Historic Review for Other Applications by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 45: World 16-Year Perspective for Other Applications by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030
Table 46: World Recent Past, Current & Future Analysis for
Wired by Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGR
Table 47: World Historic Review for Wired by Geographic Region -
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2014 through 2021 and
% CAGR
Table 48: World 16-Year Perspective for Wired by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2014, 2023 & 2030
Table 49: World Recent Past, Current & Future Analysis for
Wireless by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Million
for Years 2022 through 2030 and % CAGR
Table 50: World Historic Review for Wireless by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2014 through 2021 and
% CAGR
Table 51: World 16-Year Perspective for Wireless by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2014, 2023 & 2030
Table 52: World Recent Past, Current & Future Analysis for
Industrial by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Million
for Years 2022 through 2030 and % CAGR
Table 53: World Historic Review for Industrial by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2014 through 2021 and
% CAGR
Table 54: World 16-Year Perspective for Industrial by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030
Table 55: World Pressure Sensors Market Analysis of Annual
Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
Pressure Sensors Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in the United States for 2023 (E)
Table 56: USA Recent Past, Current & Future Analysis for
Pressure Sensors by Product - Absolute Pressure Sensors,
Differential Pressure Sensors and Gauge Pressure Sensors -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 57: USA Historic Review for Pressure Sensors by Product -
Absolute Pressure Sensors, Differential Pressure Sensors and
Gauge Pressure Sensors Markets - Independent Analysis of Annual
Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 58: USA 16-Year Perspective for Pressure Sensors by
Product - Percentage Breakdown of Value Sales for Absolute
Pressure Sensors, Differential Pressure Sensors and Gauge
Pressure Sensors for the Years 2014, 2023 & 2030
Table 59: USA Recent Past, Current & Future Analysis for
Pressure Sensors by Technology - Piezoresistive,
Electromagnetic, Capacitive, Resonant Solid State, Optical and
Other Technologies - Independent Analysis of Annual Sales in
US$ Million for the Years 2022 through 2030 and % CAGR
Table 60: USA Historic Review for Pressure Sensors by
Technology - Piezoresistive, Electromagnetic, Capacitive,
Resonant Solid State, Optical and Other Technologies Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 61: USA 16-Year Perspective for Pressure Sensors by
Technology - Percentage Breakdown of Value Sales for
Piezoresistive, Electromagnetic, Capacitive, Resonant Solid
State, Optical and Other Technologies for the Years 2014, 2023 &
2030
Table 62: USA Recent Past, Current & Future Analysis for
Pressure Sensors by Application - Automotive, Oil & gas,
Consumer Electronics, Medical, Industrial and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR
Table 63: USA Historic Review for Pressure Sensors by
Application - Automotive, Oil & gas, Consumer Electronics,
Medical, Industrial and Other Applications Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 64: USA 16-Year Perspective for Pressure Sensors by
Application - Percentage Breakdown of Value Sales for
Automotive, Oil & gas, Consumer Electronics, Medical,
Industrial and Other Applications for the Years 2014, 2023 &
2030
Table 65: USA Recent Past, Current & Future Analysis for
Pressure Sensors by Connectivity Type - Wired and Wireless -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 66: USA Historic Review for Pressure Sensors by
Connectivity Type - Wired and Wireless Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2014 through
2021 and % CAGR
Table 67: USA 16-Year Perspective for Pressure Sensors by
Connectivity Type - Percentage Breakdown of Value Sales for
Wired and Wireless for the Years 2014, 2023 & 2030
CANADA
Table 68: Canada Recent Past, Current & Future Analysis for
Pressure Sensors by Product - Absolute Pressure Sensors,
Differential Pressure Sensors and Gauge Pressure Sensors -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 69: Canada Historic Review for Pressure Sensors by
Product - Absolute Pressure Sensors, Differential Pressure
Sensors and Gauge Pressure Sensors Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2014 through
2021 and % CAGR
Table 70: Canada 16-Year Perspective for Pressure Sensors by
Product - Percentage Breakdown of Value Sales for Absolute
Pressure Sensors, Differential Pressure Sensors and Gauge
Pressure Sensors for the Years 2014, 2023 & 2030
Table 71: Canada Recent Past, Current & Future Analysis for
Pressure Sensors by Technology - Piezoresistive,
Electromagnetic, Capacitive, Resonant Solid State, Optical and
Other Technologies - Independent Analysis of Annual Sales in
US$ Million for the Years 2022 through 2030 and % CAGR
Table 72: Canada Historic Review for Pressure Sensors by
Technology - Piezoresistive, Electromagnetic, Capacitive,
Resonant Solid State, Optical and Other Technologies Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 73: Canada 16-Year Perspective for Pressure Sensors by
Technology - Percentage Breakdown of Value Sales for
Piezoresistive, Electromagnetic, Capacitive, Resonant Solid
State, Optical and Other Technologies for the Years 2014, 2023 &
2030
Table 74: Canada Recent Past, Current & Future Analysis for
Pressure Sensors by Application - Automotive, Oil & gas,
Consumer Electronics, Medical, Industrial and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR
Table 75: Canada Historic Review for Pressure Sensors by
Application - Automotive, Oil & gas, Consumer Electronics,
Medical, Industrial and Other Applications Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 76: Canada 16-Year Perspective for Pressure Sensors by
Application - Percentage Breakdown of Value Sales for
Automotive, Oil & gas, Consumer Electronics, Medical,
Industrial and Other Applications for the Years 2014, 2023 &
2030
Table 77: Canada Recent Past, Current & Future Analysis for
Pressure Sensors by Connectivity Type - Wired and Wireless -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 78: Canada Historic Review for Pressure Sensors by
Connectivity Type - Wired and Wireless Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2014 through
2021 and % CAGR
Table 79: Canada 16-Year Perspective for Pressure Sensors by
Connectivity Type - Percentage Breakdown of Value Sales for
Wired and Wireless for the Years 2014, 2023 & 2030
JAPAN
Pressure Sensors Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in Japan for 2023 (E)
Table 80: Japan Recent Past, Current & Future Analysis for
Pressure Sensors by Product - Absolute Pressure Sensors,
Differential Pressure Sensors and Gauge Pressure Sensors -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 81: Japan Historic Review for Pressure Sensors by Product -
Absolute Pressure Sensors, Differential Pressure Sensors and
Gauge Pressure Sensors Markets - Independent Analysis of Annual
Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 82: Japan 16-Year Perspective for Pressure Sensors by
Product - Percentage Breakdown of Value Sales for Absolute
Pressure Sensors, Differential Pressure Sensors and Gauge
Pressure Sensors for the Years 2014, 2023 & 2030
Table 83: Japan Recent Past, Current & Future Analysis for
Pressure Sensors by Technology - Piezoresistive,
Electromagnetic, Capacitive, Resonant Solid State, Optical and
Other Technologies - Independent Analysis of Annual Sales in
US$ Million for the Years 2022 through 2030 and % CAGR
Table 84: Japan Historic Review for Pressure Sensors by
Technology - Piezoresistive, Electromagnetic, Capacitive,
Resonant Solid State, Optical and Other Technologies Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 85: Japan 16-Year Perspective for Pressure Sensors by
Technology - Percentage Breakdown of Value Sales for
Piezoresistive, Electromagnetic, Capacitive, Resonant Solid
State, Optical and Other Technologies for the Years 2014, 2023 &
2030
Table 86: Japan Recent Past, Current & Future Analysis for
Pressure Sensors by Application - Automotive, Oil & gas,
Consumer Electronics, Medical, Industrial and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR
Table 87: Japan Historic Review for Pressure Sensors by
Application - Automotive, Oil & gas, Consumer Electronics,
Medical, Industrial and Other Applications Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 88: Japan 16-Year Perspective for Pressure Sensors by
Application - Percentage Breakdown of Value Sales for
Automotive, Oil & gas, Consumer Electronics, Medical,
Industrial and Other Applications for the Years 2014, 2023 &
2030
Table 89: Japan Recent Past, Current & Future Analysis for
Pressure Sensors by Connectivity Type - Wired and Wireless -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 90: Japan Historic Review for Pressure Sensors by
Connectivity Type - Wired and Wireless Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2014 through
2021 and % CAGR
Table 91: Japan 16-Year Perspective for Pressure Sensors by
Connectivity Type - Percentage Breakdown of Value Sales for
Wired and Wireless for the Years 2014, 2023 & 2030
CHINA
Pressure Sensors Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in China for 2023 (E)
Table 92: China Recent Past, Current & Future Analysis for
Pressure Sensors by Product - Absolute Pressure Sensors,
Differential Pressure Sensors and Gauge Pressure Sensors -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 93: China Historic Review for Pressure Sensors by Product -
Absolute Pressure Sensors, Differential Pressure Sensors and
Gauge Pressure Sensors Markets - Independent Analysis of Annual
Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 94: China 16-Year Perspective for Pressure Sensors by
Product - Percentage Breakdown of Value Sales for Absolute
Pressure Sensors, Differential Pressure Sensors and Gauge
Pressure Sensors for the Years 2014, 2023 & 2030
Table 95: China Recent Past, Current & Future Analysis for
Pressure Sensors by Technology - Piezoresistive,
Electromagnetic, Capacitive, Resonant Solid State, Optical and
Other Technologies - Independent Analysis of Annual Sales in
US$ Million for the Years 2022 through 2030 and % CAGR
Table 96: China Historic Review for Pressure Sensors by
Technology - Piezoresistive, Electromagnetic, Capacitive,
Resonant Solid State, Optical and Other Technologies Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 97: China 16-Year Perspective for Pressure Sensors by
Technology - Percentage Breakdown of Value Sales for
Piezoresistive, Electromagnetic, Capacitive, Resonant Solid
State, Optical and Other Technologies for the Years 2014, 2023 &
2030
Table 98: China Recent Past, Current & Future Analysis for
Pressure Sensors by Application - Automotive, Oil & gas,
Consumer Electronics, Medical, Industrial and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR
Table 99: China Historic Review for Pressure Sensors by
Application - Automotive, Oil & gas, Consumer Electronics,
Medical, Industrial and Other Applications Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 100: China 16-Year Perspective for Pressure Sensors by
Application - Percentage Breakdown of Value Sales for
Automotive, Oil & gas, Consumer Electronics, Medical,
Industrial and Other Applications for the Years 2014, 2023 &
2030
Table 101: China Recent Past, Current & Future Analysis for
Pressure Sensors by Connectivity Type - Wired and Wireless -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 102: China Historic Review for Pressure Sensors by
Connectivity Type - Wired and Wireless Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2014 through
2021 and % CAGR
Table 103: China 16-Year Perspective for Pressure Sensors by
Connectivity Type - Percentage Breakdown of Value Sales for
Wired and Wireless for the Years 2014, 2023 & 2030
EUROPE
Pressure Sensors Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in Europe for 2023 (E)
Table 104: Europe Recent Past, Current & Future Analysis for
Pressure Sensors by Geographic Region - France, Germany, Italy,
UK, Spain, Russia and Rest of Europe Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and % CAGR
Table 105: Europe Historic Review for Pressure Sensors by
Geographic Region - France, Germany, Italy, UK, Spain, Russia
and Rest of Europe Markets - Independent Analysis of Annual
Sales in US$ Million for Years 2014 through 2021 and % CAGR
Table 106: Europe 16-Year Perspective for Pressure Sensors by
Geographic Region - Percentage Breakdown of Value Sales for
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
Markets for Years 2014, 2023 & 2030
Table 107: Europe Recent Past, Current & Future Analysis for
Pressure Sensors by Product - Absolute Pressure Sensors,
Differential Pressure Sensors and Gauge Pressure Sensors -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 108: Europe Historic Review for Pressure Sensors by
Product - Absolute Pressure Sensors, Differential Pressure
Sensors and Gauge Pressure Sensors Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2014 through
2021 and % CAGR
Table 109: Europe 16-Year Perspective for Pressure Sensors by
Product - Percentage Breakdown of Value Sales for Absolute
Pressure Sensors, Differential Pressure Sensors and Gauge
Pressure Sensors for the Years 2014, 2023 & 2030
Table 110: Europe Recent Past, Current & Future Analysis for
Pressure Sensors by Technology - Piezoresistive,
Electromagnetic, Capacitive, Resonant Solid State, Optical and
Other Technologies - Independent Analysis of Annual Sales in
US$ Million for the Years 2022 through 2030 and % CAGR
Table 111: Europe Historic Review for Pressure Sensors by
Technology - Piezoresistive, Electromagnetic, Capacitive,
Resonant Solid State, Optical and Other Technologies Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 112: Europe 16-Year Perspective for Pressure Sensors by
Technology - Percentage Breakdown of Value Sales for
Piezoresistive, Electromagnetic, Capacitive, Resonant Solid
State, Optical and Other Technologies for the Years 2014, 2023 &
2030
Table 113: Europe Recent Past, Current & Future Analysis for
Pressure Sensors by Application - Automotive, Oil & gas,
Consumer Electronics, Medical, Industrial and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR
Table 114: Europe Historic Review for Pressure Sensors by
Application - Automotive, Oil & gas, Consumer Electronics,
Medical, Industrial and Other Applications Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR
Table 115: Europe 16-Year Perspective for Pressure Sensors by
Application - Percentage Breakdown of Value Sales for
Automotive, Oil & gas, Consumer Electronics, Medical,
Industrial and Other Applications for the Years 2014, 2023 &
2030
Table 116: Europe Recent Past, Current & Future Analysis for
Pressure Sensors by Connectivity Type - Wired and Wireless -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 117: Europe Historic Review for Pressure Sensors by
Connectivity Type - Wired and Wireless Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2014 through
2021 and % CAGR
Table 118: Europe 16-Year Perspective for Pressure Sensors by
Connectivity Type - Percentage Breakdown of Value Sales for
Wired and Wireless for the Years 2014, 2023 & 2030
FRANCE
Pressure Sensors Market Presence - Strong/Active/Niche/Trivial -
Key Competitors in France for 2023 (E)
Table 119: France Recent Past, Current & Future Analysis for
Pressure Sensors by Product - Absolute Pressure Sensors,
Differential Pressure Sensors and Gauge Pressure Sensors -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 120: France Historic Review for Pressure Sensors by
Product - Absolute Pressure Sensors, Differential Pressure
Sensors and Gauge Pressure Sensors Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2014 through
2021 and % CAGR
Table 121: France 16-Year Perspective for Pressure Sensors by
Product - Percentage Breakdown of Value Sales for Absolute
Pressure Sensors, Differential Pressure Sensors and Gauge
Pressure Sensors for the Years 2014, 2023 & 2030
Table 122: France Recent Past, Current & Future Analysis for
Pressure Sensors by Technology - Piezoresistive,
Electromagnetic, Capacitive, Resonant Solid State, Optical and
Other Technologies - Independent Analysis of Annual Sales in
US$ Million for the Years 2022 through 2030 and % CAGR
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Uncategorized
Fast-food chain closes restaurants after Chapter 11 bankruptcy
Several major fast-food chains recently have struggled to keep restaurants open.
Competition in the fast-food space has been brutal as operators deal with inflation, consumers who are worried about the economy and their jobs and, in recent months, the falling cost of eating at home.
Add in that many fast-food chains took on more debt during the covid pandemic and that labor costs are rising, and you have a perfect storm of problems.
It's a situation where Restaurant Brands International (QSR) has suffered as much as any company.
Related: Wendy's menu drops a fan favorite item, adds something new
Three major Burger King franchise operators filed for bankruptcy in 2023, and the chain saw hundreds of stores close. It also saw multiple Popeyes franchisees move into bankruptcy, with dozens of locations closing.
RBI also stepped in and purchased one of its key franchisees.
"Carrols is the largest Burger King franchisee in the United States today, operating 1,022 Burger King restaurants in 23 states that generated approximately $1.8 billion of system sales during the 12 months ended Sept. 30, 2023," RBI said in a news release. Carrols also owns and operates 60 Popeyes restaurants in six states."
The multichain company made the move after two of its large franchisees, Premier Kings and Meridian, saw multiple locations not purchased when they reached auction after Chapter 11 bankruptcy filings. In that case, RBI bought select locations but allowed others to close.
Another fast-food chain faces bankruptcy problems
Bojangles may not be as big a name as Burger King or Popeye's, but it's a popular chain with more than 800 restaurants in eight states.
"Bojangles is a Carolina-born restaurant chain specializing in craveable Southern chicken, biscuits and tea made fresh daily from real recipes, and with a friendly smile," the chain says on its website. "Founded in 1977 as a single location in Charlotte, our beloved brand continues to grow nationwide."
Like RBI, Bojangles uses a franchise model, which makes it dependent on the financial health of its operators. The company ultimately saw all its Maryland locations close due to the financial situation of one of its franchisees.
Unlike. RBI, Bojangles is not public — it was taken private by Durational Capital Management LP and Jordan Co. in 2018 — which means the company does not disclose its financial information to the public.
That makes it hard to know whether overall softness for the brand contributed to the chain seeing its five Maryland locations after a Chapter 11 bankruptcy filing.
Bojangles has a messy bankruptcy situation
Even though the locations still appear on the Bojangles website, they have been shuttered since late 2023. The locations were operated by Salim Kakakhail and Yavir Akbar Durranni. The partners operated under a variety of LLCs, including ABS Network, according to local news channel WUSA9.
The station reported that the owners face a state investigation over complaints of wage theft and fraudulent W2s. In November Durranni and ABS Network filed for bankruptcy in New Jersey, WUSA9 reported.
"Not only do former employees say these men owe them money, WUSA9 learned the former owners owe the state, too, and have over $69,000 in back property taxes."
Former employees also say that the restaurant would regularly purchase fried chicken from Popeyes and Safeway when it ran out in their stores, the station reported.
Bojangles sent the station a comment on the situation.
"The franchisee is no longer in the Bojangles system," the company said. "However, it is important to note in your coverage that franchisees are independent business owners who are licensed to operate a brand but have autonomy over many aspects of their business, including hiring employees and payroll responsibilities."
Kakakhail and Durranni did not respond to multiple requests for comment from WUSA9.
bankruptcy pandemicUncategorized
Industrial Production Increased 0.1% in February
From the Fed: Industrial Production and Capacity Utilization
Industrial production edged up 0.1 percent in February after declining 0.5 percent in January. In February, the output of manufacturing rose 0.8 percent and the index for mining climbed 2.2 p…
Industrial production edged up 0.1 percent in February after declining 0.5 percent in January. In February, the output of manufacturing rose 0.8 percent and the index for mining climbed 2.2 percent. Both gains partly reflected recoveries from weather-related declines in January. The index for utilities fell 7.5 percent in February because of warmer-than-typical temperatures. At 102.3 percent of its 2017 average, total industrial production in February was 0.2 percent below its year-earlier level. Capacity utilization for the industrial sector remained at 78.3 percent in February, a rate that is 1.3 percentage points below its long-run (1972–2023) average.Click on graph for larger image.
emphasis added
This graph shows Capacity Utilization. This series is up from the record low set in April 2020, and above the level in February 2020 (pre-pandemic).
Capacity utilization at 78.3% is 1.3% below the average from 1972 to 2022. This was below consensus expectations.
Note: y-axis doesn't start at zero to better show the change.
The second graph shows industrial production since 1967.
Industrial production increased to 102.3. This is above the pre-pandemic level.
Industrial production was above consensus expectations.
Uncategorized
Southwest and United Airlines have bad news for passengers
Both airlines are facing the same problem, one that could lead to higher airfares and fewer flight options.
Airlines operate in a market that's dictated by supply and demand: If more people want to fly a specific route than there are available seats, then tickets on those flights cost more.
That makes scheduling and predicting demand a huge part of maximizing revenue for airlines. There are, however, numerous factors that go into how airlines decide which flights to put on the schedule.
Related: Major airline faces Chapter 11 bankruptcy concerns
Every airport has only a certain number of gates, flight slots and runway capacity, limiting carriers' flexibility. That's why during times of high demand — like flights to Las Vegas during Super Bowl week — do not usually translate to airlines sending more planes to and from that destination.
Airlines generally do try to add capacity every year. That's become challenging as Boeing has struggled to keep up with demand for new airplanes. If you can't add airplanes, you can't grow your business. That's caused problems for the entire industry.
Every airline retires planes each year. In general, those get replaced by newer, better models that offer more efficiency and, in most cases, better passenger amenities.
If an airline can't get the planes it had hoped to add to its fleet in a given year, it can face capacity problems. And it's a problem that both Southwest Airlines (LUV) and United Airlines have addressed in a way that's inevitable but bad for passengers.
Southwest slows down its pilot hiring
In 2023, Southwest made a huge push to hire pilots. The airline lost thousands of pilots to retirement during the covid pandemic and it needed to replace them in order to build back to its 2019 capacity.
The airline successfully did that but will not continue that trend in 2024.
"Southwest plans to hire approximately 350 pilots this year, and no new-hire classes are scheduled after this month," Travel Weekly reported. "Last year, Southwest hired 1,916 pilots, according to pilot recruitment advisory firm Future & Active Pilot Advisors. The airline hired 1,140 pilots in 2022."
The slowdown in hiring directly relates to the airline expecting to grow capacity only in the low-single-digits percent in 2024.
"Moving into 2024, there is continued uncertainty around the timing of expected Boeing deliveries and the certification of the Max 7 aircraft. Our fleet plans remain nimble and currently differs from our contractual order book with Boeing," Southwest Airlines Chief Financial Officer Tammy Romo said during the airline's fourth-quarter-earnings call.
"We are planning for 79 aircraft deliveries this year and expect to retire roughly 45 700 and 4 800, resulting in a net expected increase of 30 aircraft this year."
That's very modest growth, which should not be enough of an increase in capacity to lower prices in any significant way.
United Airlines pauses pilot hiring
Boeing's (BA) struggles have had wide impact across the industry. United Airlines has also said it was going to pause hiring new pilots through the end of May.
United (UAL) Fight Operations Vice President Marc Champion explained the situation in a memo to the airline's staff.
"As you know, United has hundreds of new planes on order, and while we remain on path to be the fastest-growing airline in the industry, we just won't grow as fast as we thought we would in 2024 due to continued delays at Boeing," he said.
"For example, we had contractual deliveries for 80 Max 10s this year alone, but those aircraft aren't even certified yet, and it's impossible to know when they will arrive."
That's another blow to consumers hoping that multiple major carriers would grow capacity, putting pressure on fares. Until Boeing can get back on track, it's unlikely that competition between the large airlines will lead to lower fares.
In fact, it's possible that consumer demand will grow more than airline capacity which could push prices higher.
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