Healthcare Industry Growth, Assisting the Demand for Air Flow Sensors

Air flow sensors are employed to measure the ratio between air and
fuel. Numerous configurations are available that include analog and
digital airflow sensors. They are extensively used in different
industries like automotive, health care and aerospace. Fact.MR report
estimates that the global air flow sensors
to value US$ 1,942.5Mn in the year 2018. Its value is projected to
expand to amount US$ 2,577.1Mn by 2026. It is anticipated to grow at
3.6% CAGR in the coming years. The volume of the global market was
48,220 thousand in the year 2018. This volume is also expected to expand
in near future and amount to 62,724 thousand Units by the end of the
year 2026.

Different factors like growth in old age population and
improved health care infrastructure in regions like Europe and Asia
Pacific are responsible for the growth in demand for air flow sensors.
Developing and under developed regions are witnessing improvements in
healthcare sector. Old age population is expected to amount to 8% of the
global population by the end of the year 2020. The major medical
conditions like respiratory problems, cardiovascular diseases and cancer
are known to consume half of the total healthcare expenditure. This
incremental graph raises the demand for different respiratory equipment
like analyzers, sleep apnea machines, anesthesia, ventilators, oxygen
concentrators, spirometers and patient monitoring systems.

To
provide an in-detailed analysis of the potential opportunities, the
research report takes into consideration of the several growth factors
across different regional segments. The important geographical segments
of the global airflow sensors market are as follows:

• Upto 10 SLPM
• Upto 50 SLPM
• Above 50 SLPM

The
detailed research report on the global airflow sensors market focuses
on the macro as well as microeconomic factors that are helping its
development. The report also concentrates on the regulatory framework
that is shaping the future of the global market. Furthermore, the
research report also makes not of the existing as well as prevailing
pricing structure, emerging areas of applications, and imminent
investment opportunities in the global market. The report also offers an
in-depth analysis of how the projected growth factors will shape the
market dynamics in the coming years of the forecast period. Moreover, it
also gives meaningful as well as actionable insights on the key trends
that are developing the current market scenario and which will be
lucrative for the future of the global airflow sensors market.

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The
research report on the global airflow sensors market also provides an
in-detailed analysis of the overall vendor landscape. The report
analyzes the key marketing and promotional strategies adopted by the
leading companies in the global market. Furthermore, it takes into
consideration the existing development, past events, and recent trends
to provide a strong and unbiased opinion on the future direction in
which these leading companies will be heading into. To back its opinion,
the research report covers all the factors and events such as mergers,
acquisitions, takeovers, joint ventures, and strategic alliances. It
also analyzes the entry barriers and overall intensity of the
competition in the global airflow sensors market. Some of the key players mentioned in the research report are

• Sensata Technologies, Inc.
• Robert Bosch GmbH
• OMRON Corporation
• Siemens AG
• TDK Corporation
• Continental AG
• HELLA GmbH & Co. KGaA
• Delphi Technologies
• First Sensor AG
• DENSO CORPORATION
• Honeywell International Inc.
• TE Connectivity

Japan projected to generate huge opportunities

The
global air flow sensor can be broadly categorized into two types that
are digital air flow sensors and analog air flow sensors of which the
latter held 63.2% of the global market share in the year 2017. The
global market can be segregated on the basis of end-use into automotive,
healthcare, chemical, aerospace, food & beverages and building
automation. Building automation segment is projected to own the largest
share of the global market in the forecast period on the backdrop of
surging HAVC demand in different developing and developed economies.

Fact.MR
report highlights the fact that China held 21.8% share of the global
market in the year 2017 and will further maintain this dominance. Europe
is the other region that is expected to experience major surge in the
air flow sensor market. Japan is estimated it generate opportunities
worth US$ 54.2Mn in the coming future. Air flow sensors market in MEA is
forecasted to expand at a moderate rate.

The research
report also offers a great insight on the working dynamics of individual
segment of the global airflow sensors market. The research report
covers the business growth opportunities for the following vital
segments:

• Automotive
• Healthcare
• Aerospace
• Food & Beverage
• Chemical
• Building Automation
• Other Industrial

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In terms of type of product, the global airflow sensors market can be segmented into:

• Digital
• Analog