Automotive Pressure Sensors Market - PowerPoint PPT Presentation

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Automotive Pressure Sensors Market

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The automotive pressure sensors market is valued at USD 3.68 Billion in 2016 and is projected to grow at a CAGR of 9.70% during the forecast period, to reach USD 8.84 Billion by 2025. – PowerPoint PPT presentation

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Title: Automotive Pressure Sensors Market


1
Automotive pressure sensors market global sales,
revenue, price and gross margin forecast to 2025
  • Automotive Pressure Sensors Market Worth 8.84
    Billion USD by 2025

2
"Automotive pressure sensors market by
application (ABS, airbag, TPMS, engine, HVAC,
transmission), technology (MEMS, strain gauge,
ceramic), transduction (piezo resistive,
capacitive, optical, resonant), vehicle, EV,
region - global forecast to 2025", published by
marketsandmarkets, the global market is
projected to grow at a CAGR of 9.70 from 2017 to
2025, to reach a market size of USD 8.84
billion by 2025 from USD 4.21 billion in 2017.
The major factors driving the growth of the
automotive pressure sensors market are the
increasing installation of advanced driver
assistance systems, stringent automotive safety
and security norms introduced by the government
and rising preference of vehicle electrification
among oems and tier I suppliers.
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3
Engine control application holds the largest
market share in 2017the engine system, which
includes the engine, exhaust, and fuel pumps,
holds the largest share of the automotive
pressure sensors market. With technological
advancement in the architecture of engine control
system, the installation of advanced pressure
sensors is required for the efficient operation
of the system.
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4
Asia pacific rapid vehicle electrification in
Chinese market is propelling the growth of Asia
pacific market the growth of the automotive
pressure sensors market in Asia pacific region is
expected to be driven by growing vehicle
production, government regulations pertaining
vehicle safety, rapid vehicle electrification,
pressure sensors demand and supply equilibrium,
and growing semiconductor industry.
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5
Browse 96 market data tables and 74 figures
spread through 177 pages and in-depth TOC
on "automotive pressure sensors market by
application (ABS, airbag, TPMS, engine, HVAC,
transmission), technology (MEMS, strain gauge,
ceramic), transduction (piezo resistive,
capacitive, optical, resonant), vehicle, EV,
region - global forecast to 2025This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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6
MarketsandMarkets is the worlds no. 2 firm in
terms of annually published premium market
research reports. Serving 1700 global fortune
enterprises with more than 1200 premium studies
in a year, MM is catering to a multitude of
clients across 8 different industrial verticals.
We specialize in consulting assignments and
business research across high growth markets,
cutting edge technologies and newer applications.
Our 850 fulltime analyst and smes at
MarketsandMarkets are tracking global high growth
markets following the "growth engagement model
GEM". The GEM aims at proactive collaboration
with the clients to identify new opportunities,
identify most important customers, write "attack,
avoid and defend" strategies, identify sources of
incremental revenues for both the company and its
competitors.
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7
ContactMr. Shelly SinghMarketsandMarkets
INC.630 Dundee RoadSuite 430Northbrook, IL
60062USA 1-888-600-6441sales_at_marketsandmarkets
.com
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