The global air flow sensors market size is anticipated to be evaluated at US$ 2,242 Mn in 2022 and is expected to reach US$ 3,140 Mn in 2032 and exhibit immense growth at a CAGR of 3.4% in the forecast period.
Because of rising demand in the healthcare, automotive, and food and beverage industries, the market for air flow sensors is expected to expand at a rapid pace. However, contaminated air flow sensors are unable to accurately measure airflow, which is likely to hurt market growth and cause a decline in demand.
The airflow sensors market, on the other hand, is likely to be driven by their increasing use for all types of gases and volatile chemicals.
There has been an increase in the demand for airflow sensors that provide the best foundation for cost and energy-efficient control. As a result, manufacturers are developing new airflow sensors to control the entire HVAC system in smart buildings to boost sales and market growth.
Transferring fluid from one location to another is one of the most important functions of airflow sensors. As a result, different flow ranges of different types of airflow sensors are seeing a 1.3x increase in demand in the oil industry.
Air flow sensors are used in a variety of applications in the healthcare industry, including oxygen concentrators, sleep apnea machines, respiratory equipment, patient monitoring systems, ventilators, anesthesia, and so on. Similarly, the use of air flow sensors for fast response time, high resistance, and improved engine performance.
The airflow sensors market size is likely to expand, as OEM quality air flow sensors become more widely available for specific automotive applications. Furthermore, the growth of the market is attributed to the high availability of configurable air flow sensors at the manufacturing plants.
The proliferation of vendors, as well as accurate flow measurements, are major drivers that surge the demand for airflow sensors. Additionally, the increasing demand from developing economies for the sensors is significantly contributing to the growth of the airflow sensors market.
OTHER MARKET PARTICIPANTS IN THE AIR FLOW SENSORS MARKET
- Oscium A Dechnia LLC.
- Sensirion AG Switzerland
- Delta OHM
- Systec Controls
- Siemens AG
- Delphi Technologies
- HELLA GmbH & Co. KGaA
- Continental AG
- Sensata Technologies Inc.
- TDK Corporation
- OMRON Corporation
- Robert Bosch GmbH
- Hitachi Automotive Systems Ltd.
- Continental AG
- General Motors Co.