Global Absolute Pressure Sensor ICs market cagr 10.50%

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Absolute Pressure Sensor ICs Market Scope:

Industry Analysis, Market Size, Growth, Trends Till 2031

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Absolute Pressure Sensor ICs Market

Absolute Pressure Sensor ICs Market Size and Growth

The Absolute Pressure Sensor ICs market research reports indicate a positive outlook for the industry, driven by increasing demand for smart devices and automotive applications. The market size is forecasted to reach $2.5 billion by 2025, with a CAGR of 6.7%. Technological advancements and growing adoption of IoT devices are key growth drivers.

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Companies Covered (Covid 19 Impact Covered)

◍ Bosch Sensortec

◍ Bourns

◍ Honeywell

◍ Infineon

◍ NXP

◍ ROHM

◍ STMicroelectronics

◍ TE Connectivity

◍ Wurth Elektronik

◍ Melexis

◍ Amphenol

◍ Adafruit

◍ Alps Alpine

◍ EPCOS/TDK

◍ First Sensor

◍ Merit Sensor

◍ Monnit

◍ Nidec

The competitive landscape of Absolute Pressure Sensor

ICs Market includes Bosch Sensortec, Bourns, Honeywell, Infineon, NXP, ROHM, STMicroelectronics, TE Connectivity, Wurth Elektronik, Melexis, Amphenol, Adafruit, Alps Alpine, EPCOS/TDK, First Sensor, Merit Sensor, Monnit, Nidec, Omron, Sensata, Silicon Microstructures, and SparkFun Electronics. These companies utilize Absolute Pressure Sensor ICs to offer innovative solutions in various industries such as automotive, consumer electronics, healthcare, and industrial applications, contributing to the growth of the market.

- Bosch Sensortec: $58.6 billion

- Honeywell: $36.7 billion

- Infineon: $10.1 billion

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Market Segmentation

By Application

◍ Industrial Equipment

◍ Aviation and Military

◍ Universities and Research Institutes

◍ Others

By Product

◍ Surface Mount

◍ Through Hole

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Market Growth

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$ 2.90 Billion

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