Pressure Sensors Market Leveraging Evolution of MEMS TechnologyPosted by industryarc on August 8th, 2019 Sensors play a crucial role in modern vehicles and mobile equipment. And, ongoing innovations to enhance the safety and efficiency of a vehicle are impacting the pressure sensors market, according to newly compiled business intelligence report from IndustryARC. As per the findings of the report, the global pressure sensors market value stood at .11 billion in 2018, and the opportunities are projected to grow at a CAGR of 13% during the forecast period 2019-2025. The is report titled: “Pressure Sensors Market: By Application (Leak Testing, Pressure, Altitude, others); By Product Type (Gauge, Vacuum, Differential, others); By Technology (Piezoresistive, Electromagnetic, Others); By Verticals (F&B, Automotive, Chemical, Others); By Geography - Forecast (2019-2025).” It incorporates a detailed analysis of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, and strategic analysis of the global pressure sensors market. View Full Table Of Content Of Pressure Sensors Market https://www.industryarc.com/Report/11706/pressure-sensors-market.html
Global Pressure Sensors Market: Leading Segments Automotive application is noted as the fastest growing application with a healthy CAGR of 14.10% over the aforesaid forecast period. Owing to the widespread use of pressure sensors in tire pressure monitoring systems, oil pressure sensing, engine management system, and in crash detection for side airbags. Emerging microelectromechanical systems (MEMS) technology in designing the sensors is identified as the most suitable one to produce micromachined sensors. OEM pressure sensors are the most beneficial sensors in the automotive applications as they are the first sensor solutions for fuel applications. Ceramic pressure sensors are widely used to measure oil levels in the automotive industry. Global Pressure Sensors Market: Disruptive Trends Semiconductor manufacturers mostly use the pressure sensors in the fabrication units while making a chip to control the pressures of gases. Piezoresistive technology is currently dominance in use, to produce automotive pressure sensors. In addition to this, it is extensively used in biomedical applications and household appliances. Ceramic pressure sensors are the ideal choices for several industrial applications if their critical requirements are specific to accuracy, dynamic range, and corrosion resistance. Evolving wearable devices industry utilizing the opportunity to invest in developing high and accurate and durable Nanoelectromechanical systems (NEMS) based pressure sensors.
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