Pressure Sensors Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023
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Pressure Sensors Market 2018 Pressure Sensors Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 A pressure sensor is used for pressure measurement of gases or liquids. The sensors make use of IC fabrication technology made on silicon wafers, which helps in monitoring and controlling the pressure of gases and liquids. These sensors are capable of measuring different types of pressures such as vacuum, absolute, gauge, and differential pressure. In the area of automotive, pressure sensors help in measuring the pressure of various media and thus help in aiding support engine management and safety systems. In diesel engines, pressure sensors help in monitoring air volume and exhaust gas pressure at exhaust gas recirculation (EGR) systems, thereby increasing the efficiency of the engine. High accuracy pressure sensors are used in automobiles for altitude correction when driving at high altitudes. In addition, they are also used in airbag systems, air-conditioning, tire pressure monitoring and many others. Favorable government regulations such as TREAD Act of the U.S. regarding use of pressure sensors in tire monitoring systems are fuelling the market growth. Medical is another major area where the demand for pressure sensors is on the rise. Devices which measure blood pressure monitoring & ventilators, respiration & sleep apnea require pressure sensors which are driving the demand for pressure sensors.
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Pressure Sensors Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Pressure Sensors Market Research Report - Global Forecast 2023” In May 2018, Silicon Microstructures Inc. launched SM933X Series ultra-low pressure sensors which are cable of measuring sensitive pressure in HVAC, medical, and industrial applications. In medical, these sensors are used for CPAP (Continuous Positive Airway Pressure) flow sensing. The global Pressure Sensor Market is estimated to reach USD 12 billion with CAGR 6% through the forecast period 2023
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Pressure Sensors Market 2018 Segmentation: The global pressure sensor market is segmented into product type, technology, vertical, and region. On the basis of product type, the market is further classified into absolute pressure sensors, differential pressure sensors, gauge pressure sensors, vacuum pressure sensors, and many others. On the basis of technology, the market is further classified into piezoresistive pressure sensors, capacitive pressure sensors, electromagnetic pressure sensors, optical pressure sensors, and many others. On the basis of vertical, the market is further classified into aviation, automotive, medical, marine, Oil & gas, consumer electronics, medical, and many others.
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Pressure Sensors Market 2018 Application & Major Players in this Research: Pressure Sensors Market Prominent Players:
Honeywell International Inc. (U.S.), ABB (Switzerland), NXP Semiconductors (the Netherlands), Infineon Technologies (Germany), Emerson Electric (U.S.), General Electric (U.S.), Siemens AG (Germany), STMicroelectronics (Switzerland), Robert Bosch GmbH (Germany), Texas Instruments (U.S.), MRON Corporation (Japan) and many others Some of the key innovators in this Market market are Denso Corporation (Japan), TE Connectivity (Switzerland), Continental AG (Germany), Aptiv PLC (U.K), Sensata Technologies Holding PLC (U.K), Pricol Ltd (India), Taiwan Semiconductors (Taiwan), Renesas Corporation (Japan), Samsung Request a Sample Report @ https:// Electronics (South Korea), Sony Corporation (Japan), Toshiba Corporation www.marketresearchfuture.com/sample_request/6096 (Japan) and many others. . .
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Pressure Sensors Market 2018 Pressure Sensors Market Competitive Analysis Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: The global pressure sensors market is studied for North America, Europe, Asia Pacific and rest of the world. Asia Pacific is expected to hold major market share through the forecast period. The increase in deployment of pressure sensors for automated storage and retrieval systems and raising awareness about the advantages of automated systems are driving the market in this region. However, North America and Europe are anticipated to show significant growth rate during the forecast period. The advancements in MEMS (Microelectromechanical systems) technology and their adoption across connected devices are also driving the market in this region. The demand for high-efficient and cost-effective products are driving demand for global pressure sensor market.
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