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Report Explores The Global Pressure Sensor Market Growth Steady at 5.9% CAGR to 2020

The global pressure sensor market was valued at $6.7 billion in 2014 and is expected to reach $9.48 billion by 2020, at a CAGR of 5.9% between 2015 and 2020. The global pressure sensor market is primarily driven by increased demand for pressure sensors from the automotive industry. The automotive industry across the globe, is witnessing a period of relatively increased growth and profitability. Global production levels for automotive industry have increased along with growing sales, which have resulted in the growth of the industry as a whole. Complete report on global pressure sensor market spread across 166 pages, profiling 10 companies and supported with 67 tables and 94 figures is now available at http://www.rnrmarketresearch.com/global-pressure-sensor-market-2012-2017-forecast-trend-analysis-segmentation-technology-piezoresistive-capacitive-electromagnetic-reluctance-resonant-solid-state-optica-market-report.html .

The growth of automotive industry drives the global pressure sensor market, as the pressure sensors have great applicability in this industry. Advancements in micro-electro-mechanical-systems (MEMS) technologies have resulted in the reduction of package size, cost, and weight of pressure sensors. Thus, this is also expected to boost the overall growth of the global pressure sensor market. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=59998 .

A pressure sensor, also known as pressure transducer, pressure transmitter, pressure sender, pressure indicator, piezometer, or manometer, converts changes in the pressure of a gas or a liquid into an electrical signal by means of a pressure sensing device. It then generates an analog output proportional to the pressure or a switching output, which operates at a particular pressure level. Pressure sensors are used for controlling and monitoring thousands of applications, such as consumer electronics, automotive, and healthcare, among others.

The report includes company profiles of the key players, recent activities in the pressure sensor market, new product launches, mergers & acquisitions, and collaborations and partnerships, along with SWOT analysis. Some of the companies profiled in this report are Honeywell International, Inc. (U.S.), Measurement Specialties, Inc. (U.S.), Free scale 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 STMicro electronics N.V. (Switzerland). Priced at $4650 for a single user PDF, Inquire Before Buying on “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” research report can be requested at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=59998 .

On a related note, another research titled Medical Sensors Market Global Forecast to 2022 says, the global medical sensors market was estimated to be worth USD 8.21 billion in 2015 and is expected to reach USD 15.01 billion by 2022, growing at a CAGR of 8.5% between 2016 and 2022. Among all the geographic regions, North America is considered to be the largest medical sensors market driven by improved healthcare infrastructure and increasing demand for technologically advanced medical devices in the region. Companies like Hitachi Medical Systems (U.S.), Philips Healthcare (Netherlands), Siemens Healthcare (Germany), Toshiba Medical Systems (Europe), STMicroelectronics N.V. (Switzerland), Analog Devices (U.S.), Atmel Corporation (U.S.), Avago Technologies (U.S), Broadcom Corporation (U.S), and NXP Semiconductors (Netherlands) have been profiled in this 204 pages research report available at http://www.rnrmarketresearch.com/medical-sensors-market-by-sensor-type-temperature-ecg-image-motion-pressure-placement-strip-wearable-implantable-ingestible-application-diagnostics-monitoring-therapeutics-imaging-geograph-st-to-2022-market-report.html .

Explore more reports on Electronics market at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/electronics .

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