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Differential Pressure Sensors Market - Increasing Demand In The Developing Countries and The Need For Real Time Information

05-21-2018 11:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Differential Pressure Sensors is an electronic device designed to measuring and calculating the pressure difference between two points, one connected to each side of the sensor. These are silicon-based board mounted pressure sensors used for measuring flow rates, fluid levels, pressure drops across oil filters or air filters. The differential pressure sensor market is expected to expand at a higher growth rate in the forecast period owing to the increasing demand of piezoresitive pressure sensors in wide range of applications in automotive and medical sectors.

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The global differential pressure sensors market is expected to witness a substantial growth during the forecast period. This is due to its increasing demand across various application sectors such as automotive, industrial and medical sector. The increase in automobile production worldwide is stimulating the growth in demand for differential pressure sensors and associated components. The continuous innovation in technology has increased the demand for global differential pressure sensors in industrial, military and defense.

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The global differential pressure sensor market is segmented on the basis of product type, accuracy type, end-user and region. On the basis of product type, the market has been segmented into Analog and Digital. The digital type differential sensors are designed for high-volume applications that measure the pressure of air and non-aggressive gases with superb accuracy and no offset drift. However, the analog type measures small pressure differences fast, accurate and reliable. Furthermore, they feature highest sensitivity and repeatability. By accuracy type, the market has been segmented into 1% to 2%, 2% to 5% and above 5%.

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