Title: Analysis of Pressure Sensor Market
1MarketsandMarkets 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).
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