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Pressure Sensors Market Share and Forecasts to 2020 - Hexa Research
Pressure Sensors Market Share and Forecasts to 2020 - Hexa Research
Hexa Research has announced the addition of "Pressure Sensors Market Size, Industry Trends and Forecast 2013 – 2019" Market Research report to their database
Felton,
California,
United States of America
(prbd.net)
12/05/2015
Pressure sensors are used in many industries, and the use of microelectromechanical systems (MEMS) technology in pressure sensors is expected to further widen the application scope. This can be attributed to the benefits offered by MEMS, including reduced cost and power consumption, as well as high performance and miniaturization. Pressure sensors have to be used in Tire Pressure Monitoring Systems (TPMS) which was made mandatory by the U.S. government, which has contributed significantly to product demand. Additionally, growing number of vehicles on a global level is also expected to be a key driving force for the market.
To download full report, visit here: http://www.hexaresearch.com/research-report/pressure-sensors-industry/
Automotive was the largest market segment in 2012, wherein applications include brake sensors for electronic stability control systems, side airbags, tire pressure, exhaust gas recirculation pressure, barometric pressure, gasoline direct-injection systems, etc. Consumer electronics is also expected to be a fast growing application, with pressure sensors being incorporated in smartphones for indoor navigation, measuring altitude as well as for global positioning systems (GPS). In the medical sector, growth is expected to be driven by blood pressure monitoring devices and other health monitoring gadgets, mainly due to reducing form factors.
Asia Pacific is expected to remain the highest revenue generator through the forecast period. This is mainly on account of growth in application sectors and increasing demand from countries such as India and China. High capital investment for production facilities and effective strategies to sustain in the intense competition are among a few requirements for market entry aspirants. Industry participants have been focusing on research and development activities in order to deliver innovative products spanning numerous end-use industries. Major market players include ABB Ltd., Analog Devices, Bosch, Delphi Corporation, Freescale Semiconductor Ltd., General Electric, Infineon, Siemens AG, STMicroelectronics N.V., and Emerson Electric Company among others.
This research report provides comprehensive market statistics and forecast for key segments, and provides complete industry landscape including drivers, restraints, regulatory scenario, technology trends and future opportunities. The report also provides detailed competitive landscape with company market share analysis and in-depth profiles of key market participants. Key regional markets analyzed and reported in this study include:
• North America
• Europe
• Asia Pacific
• RoW
For more sample reports, visit here: http://www.hexaresearch.com/research-category/semiconductors-and-electronics-industry/
Critical elements of the report include:
• Industry dynamics
• Market challenges and opportunities
• Technology & regulatory trends
• Market estimate and forecast
• Regional trends
• Competitive trends
Why should you buy this report?
• This report provides comprehensive analysis of the market including Porter’s and SWOT analysis
• Complete identification and analysis of key industry dynamics including drivers, restraints, raw material trends and buyer behavior
• The study provides technology landscape and regulatory trends for building strategy
• Global and regional market estimates and forecast on volume and revenue basis for multiple market segments
• Detailed competitive landscape of the market, with profiles of key companies
About Hexa Research:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
For more details contact us:
Michelle Thoras
1-800-489-3075
sales@hexaresearch.com
http://www.hexaresearch.com
About
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
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