Pressure Sensor Market - Global Industry Analysis,
Size, Share, Growth, Trends, And Forecast, 2013 - 2019
A pressure sensor measures relative
or absolute pressure and converts it into analog electrical signal. Pressure
sensors have evolved since their inception due to introduction of digital
technology. Pressure sensors have significant place in numerous sectors such
as industrial sector, high-end application sector, consumer electronics
sector, medical sector and automotive sector. Pressure sensors can differ
significantly by technology, cost, performance, application suitability and
design and among others.
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The pressure sensors market is
poised to grow due to growing consumer expectations for personalized and
connected cars. In automobiles, pressure sensors accomplish important tasks
such as clutch pressure control and exhaust gas recirculation among others. Additionally,
safety regulations in Europe and North America have increased the demand of
pressure sensors. However, the major restrain for pressure sensors market is
the high price. Development of new technologies such as nano technology and
micro technology is expected to provide opportunities such as miniaturization
in sensor design and low power consumption among others.
By application, automotive sector
dominates the pressure sensors market followed by industrial sector and
medical sector. Automotive sector is expected to remain dominant application
segment for pressure sensors market due to the increasing demand of low cost,
reliable and high performance pressure sensors for automatic transmission,
engine management, and tier pressure monitoring systems. By technology,
capacitive pressure sensors and piezoresistive pressure sensors dominate the
global pressure sensors market. However, optical pressure sensors are expected
to show strong growth rate as they can be used in hazardous environment.
Some of the major players in this
market include Bosch Sensortec GmbH, Freescale Semiconductors Ltd., GE Sensing,
Sensata Technologies Holdings NV, Denso Corp, Delphi Corporation, and
Honeywell International Inc. among others.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for
upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point
analysis for changing competitive dynamics
- It provides a forward looking
perspective on different factors driving or restraining market
growth
- It provides a technological
growth map over time to understand the industry growth rate
- It provides a seven-year
forecast assessed on the basis of how the market is predicted to
grow
- It helps in understanding the
key product segments and their future
- It provides pin point analysis
of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed
business decisions by having complete insights of market and by making
in-depth analysis of market segments
- It provides distinctive
graphics and exemplified SWOT analysis of major market segments
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