Pressure Sensor Market worth 9.48 Billion USD by 2020

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MarketsandMarkets Presents
Pressure Sensor Market worth 9.48
Billion USD by 2020
http//www.marketsandmarkets.com/Market-Reports/pr
essure-sensor-market-871.html
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• The report "Pressure Sensor Market by Technology
  (Piezoresistive, Capacitive, Electromagnetic,
  Others), Application (Automotive, Medical,
  Consumer Electronics, Others), Geography (North
  America, South America, Europe, APAC, RoW) -
  Global Forecast to 2020", was valued at USD 6.7
  Billion in 2014 and is expected to reach USD 9.48
  Billion by 2020, at a CAGR of 5.9 during the
  forecast period, 2015 to 2020.
• Browse 67 tables and 94 figures spread through
  166 pages and in-depth TOC on "Pressure Sensor
  Market - Global Forecast to 2020"http//www.marke
  tsandmarkets.com/Market-Reports/pressure-sensor-ma
  rket-871.htmlEarly buyers will receive 10
  customization on reports.

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• Globally, pressure sensor market is expected to
  witness steady growth owing to increased utility
  of pressure sensors in various industries. The
  major applications of pressure sensors are in the
  automotive industry, medical sector, industrial
  segment, utility, consumer electronics, and oil
  gas industry. Of these, the automotive segment is
  one of the prominent segments, which holds a
  promising future for pressure sensors with growth
  rates higher than that of the overall parent
  market. The demand for pressure sensors is
  expected to increase in the automotive industry
  owing to their growing usage in oil pressure
  monitoring, fuel pressure monitoring, nitrous
  pressure monitoring, transmission pressure
  monitoring, and tire pressure monitoring.
  Additionally, pressure sensors are also used in
  the airbag systems of vehicles.
• Another major factor driving the global pressure
  sensor market is the stringent implementation of
  various government regulations to ensure safety
  of the passengers in the vehicles. Governments
  all over the world are mandating various acts to
  ensure safety of passengers in the automobiles.
  For instance,  the TREAD Act in the U.S. has made
  installation of TPMS (Tire Pressure Monitoring
  System) mandatory in all types of vehicles  so as
  to warn the driver about the under inflation of
  vehicle, within 20 minutes of its detection.

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• The research study is aimed at identifying
  emerging trends and opportunities in the global
  pressure sensor market along with detailed
  classifications, in terms of revenue and volume.
  The report provides comprehensive competitive
  landscapes and identifies the key players with
  respect to market size and market share. The
  research study also includes a detailed
  segmentation of the global pressure sensor
  market, on the basis of application, technology,
  and geography.
• Apart from the market segmentation, this report
  also makes use of the Porters Five Forces
  Analysis, which provides an in-depth analysis of
  the market providing a detailed process flow
  diagram and market dynamics, such as drivers,
  restraints, and opportunities in the global
  pressure sensor market.
• This report profiles the key companies
  operational in the global pressure sensor market,
  which include Honeywell International, Inc.
  (U.S.), Measurement Specialties, Inc. (U.S.),
  Freescale Semiconductor, Inc. (U.S.), Robert
  Bosch GmbH (Germany), The Emerson Electric
  Company (U.S.), ABB Ltd. (Switzerland), Denso
  Corporation (Japan), General Electric (U.S.),
  OMRON Corporation (Japan), and STMicroelectronics
  N.V. (Switzerland).

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