Piezoresistive pressure sensors market was valued at USD 0.857 billion in 2017, and is expected to reach a value of USD 1.265 billion by 2023 at a CAGR of 5.36%, during the forecast period (2018-2023)|Key Players - BD SENSORS GMBH, DELTA ELECTRONICS (ELTE

North America Accounted for the Highest Market Share

North America accounted for the highest market share in the global market with a market share, followed by Europe and Asia-Pacific. North American region has a very active industrial sector and is influencing a robust growth in the automotive, as well as the healthcare industry and hence, has the potential to remain one of the strong markets in the piezoresistive pressure sensors market.

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Miniaturized piezoresistive pressure sensors are used to measure certain quantities, such as flow velocity, dynamic wall pressure, etc. because they do it without interfering the flow and others which increases its demand. The demand for handheld electronic devices in various sectors, such as automotive, consumer electronics, aerospace, media, and retail is also boosting in the growth of market. Automotive Industry is expected to be one of the most primary elements driving the growth of the market.

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Market Segments:
Piezoresistive pressure sensors market is segmented by:
1. Type: Ceramic, Silicon, Metals, Others
2. End-user Industry: Automotive, Healthcare, Consumer Applications, Industrial, Oil & Gas, Others
3. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• January 2018 - TE Connectivity Ltd. a company, which is expert in connectivity and sensor solutions, has been named a 2017 Top 100 Global Innovator by Clarivate Analytics. The annual report highlights the most successful organizations in the world that are active in innovation through research and development, protection of their IP and the achievement of commercial success.

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