|By Business Wire||
|August 22, 2014 05:35 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/xn59xv/pressure_sensors) has announced the addition of the "Pressure Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020" report to their offering.
Global pressure sensors market was valued at USD 6.53 billion in 2014, growing at a CAGR of 6.2% from 2014 to 2020
Pressure sensors are typically used for measuring pressure of gas or liquids. These sensors usually act as a transducer and generate electrical signals as a function of the pressure imposed on them. With technological advancements in several industry verticals such as automotive, healthcare, and oil and gas, the applications and functionalities of pressure sensors is evolving continuously. Modern day pressure sensors utilize digital technology for providing better sensing performance and efficiency.
Geographically, Asia Pacific led the pressure sensors market in 2014 and the region is expected to continue its dominance in 2020. The region's dominance is due to increasing production of motor vehicles in countries such as Japan, South Korea, China, and India. Moreover, rapid level of industrialization in this region is also contributing to the growth of pressure sensors market. North America and Europe followed Asia Pacific in the global pressure sensors market collectively account for more than half of the global market revenue share.
The pressure sensors market is segmented on the basis of sensor technology into piezoresistive pressure sensors, electromagnetic pressure sensors, capacitive pressure sensors, resonant solid state pressure sensors, optical pressure sensors and others. Demand for piezoresistive pressure sensors is attributed to their wide range of applications in automotive and medical sectors. Piezoresistive pressure sensors segment is closely followed by electromagnetic and capacitive pressure sensors.
The pressure sensors market is further segmented by applications into automotive, oil and gas, consumer electronics, medical, industrial and others. Automotive applications of pressure sensors held the largest revenue share in 2013. With the increase in production of motor vehicles across the globe, the demand for automotive pressure sensors has grown substantially. Consumer electronics is analyzed to be the fastest growing application segment for pressure sensors and is expected to attain a significant growth in the recent future.
Pressure Sensors Market: By technology
- Piezoresistive Pressure Sensor
- Electromagnetic Pressure Sensor
- Capacitive Pressure Sensors
- Resonant Solid State Pressure Sensors
- Optical Pressure Sensors
Pressure Sensors Market: By application
- Oil and gas
- Consumer electronics
- ABB Ltd.
- Analog Devices, Inc.
- Delphi Automotive PLC
- Emerson Process Management
- Freescale Semiconductor, Inc.
- Honeywell International Inc.
- Omron Corp
- Robert Bosch GmbH
- Schneider Electric S.E.
For more information visit http://www.researchandmarkets.com/research/xn59xv/pressure_sensors
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Aug. 30, 2016 01:00 AM EDT Reads: 1,926
Aug. 30, 2016 12:00 AM EDT Reads: 1,662
Aug. 29, 2016 10:15 PM EDT Reads: 299
Aug. 29, 2016 10:00 PM EDT Reads: 2,485
Aug. 29, 2016 08:30 PM EDT Reads: 2,440
Aug. 29, 2016 08:15 PM EDT Reads: 1,869
Aug. 29, 2016 08:00 PM EDT Reads: 914
Aug. 29, 2016 07:00 PM EDT Reads: 1,980
Aug. 29, 2016 06:45 PM EDT Reads: 840
Aug. 29, 2016 06:15 PM EDT Reads: 333
Aug. 29, 2016 06:15 PM EDT Reads: 796
Aug. 29, 2016 04:30 PM EDT Reads: 3,567
Aug. 29, 2016 02:15 PM EDT Reads: 3,745
Aug. 29, 2016 02:00 PM EDT Reads: 1,010
Aug. 29, 2016 12:45 PM EDT Reads: 2,030