Pressure Sensor Market

Document Sample
Pressure Sensor Market Powered By Docstoc
					             Global Pressure Sensor Market worth $7.34 Billion by 2017

According to a new market research report “Pressure Sensor Market (2012 – 2017) -
Global Forecast, Trend & Analysis – Segmentation by technology [Piezoresistive,
Capacitive, Electromagnetic (Reluctance), Resonant Solid State, Optical],
Applications [process and non process] and Geography” published by
MarketsandMarkets (www.marketsandmarkets.com), The value of pressure sensor market
was $5.11 billion in 2011 and is expected to reach $7.34 billion in 2017, at an estimated
CAGR of 6.3% from 2012 to 2017. In terms of volume, the total number of pressure
sensors shipped was 8.7 billion in 2011 and is expected to reach 16.37 billion units by 2017,
at an estimated CAGR of 11.3% from 2012 to 2017.

Browse 80+ market data tables and 50+ figures spread through 302 pages and in-
depth TOC of “Pressure Sensor Market (2012 – 2017) - Global Forecast, Trend &
Analysis – Segmentation by technology [Piezoresistive, Capacitive,
Electromagnetic (Reluctance), Resonant Solid State, Optical], Applications
[process and non process] and Geography”.
http://www.marketsandmarkets.com/Market-Reports/pressure-sensor-market-871.html
Early buyers will receive 10% customization on reports.

In the modern world, the need for pressure sensors is evolving and continuously growing.
Today’s pressure sensors mainly utilize digital technology; which means they are better in
efficiency and sensing performance. Pressure sensors have a significant place in different
industry verticals. The major applications of pressure sensors are in petrochemical industry,
automotive industry, consumer electronics industry, process industries, and healthcare. The
largest application segment for pressure sensors is the automotive segment due to their
(automotives’) use in tyre pressure monitoring systems, engine management, and
automatic transmission. The petrochemical and oil and gas segment follows as the second
largest application segment for pressure sensors. In the medical industry, pressure sensors
are used as low-cost disposable devices for catheters employed in surgical operations. The
demand for reliable, high performance and low cost sensors is increasing, leading to the
development of new technologies like the Micro Technology and Nano Technology offering
opportunities like miniaturization, low power consumption, mass production, etc. MEMS
pressure sensors have not been used much in the consumer electronics and mobile devices
until now. Their major applications include HVAC sector, level measurements and various
industrial processes and control applications.

Pressure sensors can vary drastically in technology, design, performance, application
suitability and cost. A conservative estimate would be that there may be over 50
technologies and at least 300 companies making pressure sensors worldwide.

This report, based on the extensive research study on pressure sensor market, is aimed at
identifying the entire market of pressure sensors for various applications, and all its sub-
segments through extensively detailed classifications in terms of both - revenue and
shipments. It is focused on giving a bird’s eye-view of the complete market with regards to
application of pressure sensors, with detailed market segmentations; combined with
qualitative analysis at each and every aspect of the classifications done by type of pressure
sensor, application, and geography. It also profiles more than 20 key pressure sensor
manufacturers. The report draws the competitive landscape of Pressure Sensor Market,
providing an in-depth comparative analysis of the technological and marketing strategies
the key players are adopting in order to gain an edge over the their competitors.
About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S.
We publish strategically analyzed market research reports and serve as a business
intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and
custom research services. They cover thirteen industry verticals, including advanced
materials, automotives and transportation, banking and financial services, biotechnology,
chemicals, consumer goods, energy and power, food and beverages, industrial automation,
medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications
and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business
insight with our huge market intelligence repository. To know more about us and our
reports, please visit our website www.marketsandmarkets.com

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
MarketsandMarkets Blog

				
DOCUMENT INFO
Shared By:
Categories:
Stats:
views:20
posted:1/23/2013
language:English
pages:2
Description: Pressure Sensor market report categorizes the global market on the basis of technologies, applications and geographical analysis forecasting revenue and analyzing trends in the pressure sensor market.