Pressure Sensors Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts, 2013 to 2019

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Pressure Sensors Market Size, Market Share, Application

Analysis, Regional Outlook, Growth, Trends, Competitive

Scenario And Forecasts, 2013 To 2019

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.

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).

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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. Estimated reduction in prices is

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expected to accelerate market growth over the next few years. In terms of product segments,

piezoresistive and capacitive sensors have dominated the market; optical sensing technology is expected

to pick up speed in the years to come. The significant number of pressure sensors used in aircrafts is...