Global Pressure Sensors Market Value of USD 7.74 Billion by 2018 - Trends, Technologies & Opportunities Report 2016-2020 - Research and Markets

DUBLIN, May 12, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Pressure Sensors Market - Growth, Trends & Forecasts (2015-2020)" report to their offering.

The Global Pressure Sensors market is forecast to reach a value of $7.74 billion by 2018 growing at a CAGR of 6.14% over the period 2015-2020. The pressure sensors market is mainly driven by increasing demand from the automotive segment that uses pressure sensors to a greater extent for various applications (TPMS, exhaust gas pressure of EGR System).Government regulations mandating the use of pressure sensors in automobiles have also contributed to the growth in demand for pressure sensors. Consumer electronics is analyzed to be the fastest growing application segment for pressure sensors. Asia Pacific led the pressure sensors market in 2015 and the region is expected to continue its dominance over the forecast period. North America and Europe followed Asia Pacific in the global pressure sensors market and together accounted for more than half of the global market share.

The market is dominated by Piezoresistive and Capacitive sensors as they are heavily used in automotive, medical, petrochemical, Oil and gas industries. Optical and rsonant solid-state sensors are expected to exhibit high growth over the forecast period due to their applications in hazardous environments. Technological advancements and nanotechnology applications are the future opportunities for pressure sensor market.

The Pressure Sensors Market is segmented on the basis of Technology (Piezoresistive Sensors, Capacitive Sensors, Electromagnetic Sensors, Resonant Solid State Sensors, Optical Sensors and Others), End User Industry (Medical, Industrial, Oil & Gas, Petrochemical, Automotive, Consumer Electronics and Others), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).

This report describes a detailed study of the Porter's five forces analysis, market segments, major geographies, and current market trends. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies, geographical footprint, and competition analysis.

Companies Mentioned:

• Bosch
• Honeywell
• Infineon
• Omron
• Panasonic
• Freescale
• Stmicorelectronics
• Murata Electronics
• Epcos
• Ssi Technologies
• Kavilco
• Measurement Specialties
• Mouser Electronics
• Sick Ag
• Keyence

Report Structure:

1. Introduction

2. Key Findings

3. Market Overview & Dynamics

4. Introduction

5. Porter'S Five Forces Analysis

6. Market Segmentation

7. Market Segmentation, By Region

8. Company Profiles

9. Investment Analysis

10. Future Of Pressure Sensors Market

11. List Of Tables

For more information visit http://www.researchandmarkets.com/research/b3j2tk/global_pressure

Media Contact:

Research and Markets

Laura Wood, Senior Manager

[email protected]

For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-pressure-sensors-market-value-of-usd-774-billion-by-2018---trends-technologies--opportunities-report-2016-2020---research-and-markets-300267758.html

SOURCE Research and Markets

[ Back To TMCnet.com's Homepage ]