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Analysis of Pressure Sensor Market

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The global pressure sensor market was valued at USD 6.7 Billion in 2014 and is expected to reach USD 9.48 Billion by 2020, at a CAGR of 5.9% during the forecast period, 2015 to 2020. – PowerPoint PPT presentation

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Title: Analysis of Pressure Sensor Market


1
MarketsandMarkets Presents
Pressure Sensor Market worth 9.48
Billion USD by 2020
http//www.marketsandmarkets.com/Market-Reports/pr
essure-sensor-market-871.html
2
  • The report "Pressure Sensor Market by Technology
    (Piezoresistive, Capacitive, Electromagnetic,
    Others), Application (Automotive, Medical,
    Consumer Electronics, Others), Geography (North
    America, South America, Europe, APAC, RoW) -
    Global Forecast to 2020", was valued at USD 6.7
    Billion in 2014 and is expected to reach USD 9.48
    Billion by 2020, at a CAGR of 5.9 during the
    forecast period, 2015 to 2020.
  • Browse 67 tables and 94 figures spread through
    166 pages and in-depth TOC on "Pressure Sensor
    Market - Global Forecast to 2020"http//www.marke
    tsandmarkets.com/Market-Reports/pressure-sensor-ma
    rket-871.htmlEarly buyers will receive 10
    customization on reports.

3
  • Globally, pressure sensor market is expected to
    witness steady growth owing to increased utility
    of pressure sensors in various industries. The
    major applications of pressure sensors are in the
    automotive industry, medical sector, industrial
    segment, utility, consumer electronics, and oil
    gas industry. Of these, the automotive segment is
    one of the prominent segments, which holds a
    promising future for pressure sensors with growth
    rates higher than that of the overall parent
    market. The demand for pressure sensors is
    expected to increase in the automotive industry
    owing to their growing usage in oil pressure
    monitoring, fuel pressure monitoring, nitrous
    pressure monitoring, transmission pressure
    monitoring, and tire pressure monitoring.
    Additionally, pressure sensors are also used in
    the airbag systems of vehicles.
  • Another major factor driving the global pressure
    sensor market is the stringent implementation of
    various government regulations to ensure safety
    of the passengers in the vehicles. Governments
    all over the world are mandating various acts to
    ensure safety of passengers in the automobiles.
    For instance,  the TREAD Act in the U.S. has made
    installation of TPMS (Tire Pressure Monitoring
    System) mandatory in all types of vehicles  so as
    to warn the driver about the under inflation of
    vehicle, within 20 minutes of its detection.

4
  • The research study is aimed at identifying
    emerging trends and opportunities in the global
    pressure sensor market along with detailed
    classifications, in terms of revenue and volume.
    The report provides comprehensive competitive
    landscapes and identifies the key players with
    respect to market size and market share. The
    research study also includes a detailed
    segmentation of the global pressure sensor
    market, on the basis of application, technology,
    and geography.
  • Apart from the market segmentation, this report
    also makes use of the Porters Five Forces
    Analysis, which provides an in-depth analysis of
    the market providing a detailed process flow
    diagram and market dynamics, such as drivers,
    restraints, and opportunities in the global
    pressure sensor market.
  • This report profiles the key companies
    operational in the global pressure sensor market,
    which include Honeywell International, Inc.
    (U.S.), Measurement Specialties, Inc. (U.S.),
    Freescale Semiconductor, Inc. (U.S.), Robert
    Bosch GmbH (Germany), The Emerson Electric
    Company (U.S.), ABB Ltd. (Switzerland), Denso
    Corporation (Japan), General Electric (U.S.),
    OMRON Corporation (Japan), and STMicroelectronics
    N.V. (Switzerland).

5
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
multi-client reports, company profiles,
databases, and custom research services. They
cover thirteen industry verticals, including
advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.
6
Contact Us
ContactMr. RohanMarkets and Markets UNIT no
802, Tower no. 7, SEZMagarpatta city,
HadapsarPune, Maharashtra 411013,
India1-888-600-6441Email sales_at_marketsandmarket
s.com MarketsandMarkets Bloghttp//twitter.com/m
arketsmarkets
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