DUBLIN, May 12, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Pressure Sensors Market - Growth, Trends & Forecasts (2015-2020)" report to their offering.
The Global Pressure Sensors market is forecast to reach a value of $7.74 billion by 2018 growing at a CAGR of 6.14% over the period 2015-2020. The pressure sensors market is mainly driven by increasing demand from the automotive segment that uses pressure sensors to a greater extent for various applications (TPMS, exhaust gas pressure of EGR System).Government regulations mandating the use of pressure sensors in automobiles have also contributed to the growth in demand for pressure sensors. Consumer electronics is analyzed to be the fastest growing application segment for pressure sensors. Asia Pacific led the pressure sensors market in 2015 and the region is expected to continue its dominance over the forecast period. North America and Europe followed Asia Pacific in the global pressure sensors market and together accounted for more than half of the global market share.
The market is dominated by Piezoresistive and Capacitive sensors as they are heavily used in automotive, medical, petrochemical, Oil and gas industries. Optical and resonant solid-state sensors are expected to exhibit high growth over the forecast period due to their applications in hazardous environments. Technological advancements and nanotechnology applications are the future opportunities for pressure sensor market.
The Pressure Sensors Market is segmented on the basis of Technology (Piezoresistive Sensors, Capacitive Sensors, Electromagnetic Sensors, Resonant Solid State Sensors, Optical Sensors and Others), End User Industry (Medical, Industrial, Oil & Gas, Petrochemical, Automotive, Consumer Electronics and Others), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).
This report describes a detailed study of the Porter's five forces analysis, market segments, major geographies, and current market trends. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies, geographical footprint, and competition analysis.
- Murata Electronics
- Ssi Technologies
- Measurement Specialties
- Mouser Electronics
- Sick Ag
2. Key Findings
3. Market Overview & Dynamics
5. Porter'S Five Forces Analysis
6. Market Segmentation
7. Market Segmentation, By Region
8. Company Profiles
9. Investment Analysis
10. Future Of Pressure Sensors Market
11. List Of Tables
For more information visit http://www.researchandmarkets.com/research/b3j2tk/global_pressure
Research and Markets
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SOURCE Research and Markets