Growing Industry of Piezoresistive Pressure Sensors Market 2019 – 2023 | Top Key Vendors - BD Sensors GmbH, Delta Electronics, Impress Sensors, Metallux SA, Honeywell, Pewatron AG, First Sensor AG

Marketprognosis.com Publish a New Market Research Report On “Global Piezoresistive Pressure Sensors Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Piezoresistive Pressure Sensors Market:

The Global 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).

The scope of the report is limited to automotive, healthcare, consumer electronics, industrial, and oil & gas. While the regions considered in the scope of the report include North America, Europe, Asia pacific, and the rest of the world.

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Emphasis on Miniaturization of Equipment; Despite the advancements in the technologies, the demand for handheld electronic devices with small form factor have a huge influence in various sectors, such as automotive, consumer electronics, aerospace, media, and retail. Industries such as aerospace and bio-medical are comparatively more stringent in terms of size and weight requirements. They are gaining more traction in the aviation sector, stimulated by the benefits offered by miniaturization, which provide fine sensitivity, as well as better linearity.

Automotive Industry is Expected to be One of the Most Primary Elements Driving the Growth of the Market; Due to the increasing purchasing power of the millennial population, there is a continuous demand for passenger cars. For an average consumer, trucks are reliable options, as they have better fuel efficiency and safety features. These factors drive the growth of heavy weight vehicles. Premium vehicles and utilities continue to drive the sales of light vehicles, which cumulatively contribute to an increase in the demand for pressure sensors during the forecast period.

Regionally, 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. The United States contributes to majority of the market share in the region, followed by Canada, as per our research. The United States is expected to occupy more than three quarters of the entire North American market share in the global market.

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Major Key Players:

1 BD Sensors GmbH

2 Delta Electronics (Eltek Group)

3 Impress Sensors & Systems Ltd

4 Metallux SA

5 Honeywell International Inc.

6 BCM Sensor Technologies BVBA

7 Pewatron AG

8 First Sensor AG and More……………..

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This study answers to the below key questions:

1 What are the key market trends?

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

3 What are the strengths and weaknesses of the key vendors?

4 Who are the key vendors in this market space?

5 What is driving this market?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the challenges to market growth?

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

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This release was published on openPR.