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Automotive Pressure Sensors Market is Expected to Exceed 6.36 Billion $ globally by 2023 | Top Key Players - Honeywell, Denso, Robert Bosch GmbH, Infineon Technologies AG, Sensata Technologies, NXP Semiconductor NV

03-15-2019 10:52 PM CET | Energy & Environment

Press release from: Market Prognosis

Automotive Pressure Sensors Market

Automotive Pressure Sensors Market

Marketprognosis.com Publish a New Market Research Report On “Global Automotive Pressure Sensors Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Automotive Pressure Sensors Market:

Global Automotive Pressure Sensors Market was valued at USD 3.98 Billion in 2017 and is expected to reach a value of USD 6.36 Billion by 2023, registering a CAGR of about 8.14% during 2018 - 2023 (the forecast period).

The report cover regions like North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. By type of vehicles, the scope of the report includes light commercial vehicles, heavy commercial vehicles, and alternative fuel vehicles. By application, it is limited to tire pressure monitoring systems, brake booster systems, engine management system, exhaust gas recirculation systems, air bag systems, and vehicle dynamic control.

Get a Sample Copy of this Report @ https://marketprognosis.com/sample-request/17301 .

Due to the rising purchasing power of the millennial population, the demand for passenger cars is growing. For an average consumer, truck is a reliable option, as it has good fuel efficiency and safety features. These factors drive the growth of the heavy weight vehicles segment. Premium vehicles and utilities continue to drive the sales rate of light vehicles, which cumulatively is expected to contribute to a growth in demand for temperature sensors during the forecast period.

The engine management systems (EMS) are small in size, therefore their engines are made eco-friendly, without compromising the performance of vehicles. Reduction in the size of engine increases the fuel efficiency, leading to a better mileage. Barometric pressure sensor is an essential part in EMS for gasoline and diesel engines. Fuel economy standards, such as carbon dioxide, carbon monoxide, and nitrogen oxide emission limits, are getting stringent worldwide, thus, there are many restrictions on emissions .This factor has compelled manufacturers to develop fuel-efficient EMS complying with emission standards, therefore, driving the demand for EMS in the pressure sensors market during the forecast period.

Purchase this report online with 115 Pages, Top Key Players Analysis and List of Tables & Figure @ https://marketprognosis.com/buyReport/17301 .

The growth in Asia-Pacific owes to the development of automotive industry in countries, like China and India. The regulations imposed, regarding safety and emission controls, in North America, Europe, and Latin America are expected to boost the market significantly, during the forecast period. The Middle East & African market is anticipated to witness a stagnant growth during the forecast period.

Major Key Players:

1 Honeywell International Inc.

2 Denso Corporation

3 Robert Bosch GmbH

4 ST Microelectronics NV

5 Infineon Technologies AG

6 Sensata Technologies, Inc.

7 NXP Semiconductor NV

Any Query? Ask to our Expert @ https://marketprognosis.com/enquiry/17301 .

This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Automotive Pressure Sensors Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

About us:

We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:

ProgMark Pvt. Ltd.

Thane – 421501

India.

sales@marketprognosis.com

+1 973 241 5193

https://www.marketprognosis.com

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