Press release
Global Piezoelectric Sensors Market Growth, Share, Industry Trends & Forecast to 2025
Global Piezoelectric Sensors Market Growth, Size
Request a free sample of our report on Piezoelectric Sensors Market: https://www.omrglobal.com/request-sample/piezoelectric-sensors-market
Automotive sector to contribute to the growth of the market
Based on the applications, the automotive sector is amongst the key consumer segments that significantly utilizes piezoelectric sensors for various applications. Piezoelectric sensors are widely utilized in the automobile sector for manufacturing seat belt buzzers airbag sensors, airflow sensors, knock sensors, and tire pressure sensors. Thus, the growth in the automotive sector is expected to positively affect market growth in recent yearsacross the globe. Further, according to the International Organization of Motor Vehicle Manufacturers (OICA), in 2016, the total production of vehicles was 4.9% more than that of 2015, and in 2017 it was valued about 2.1% more as compared with production statistics of 2016. With growing automobile productions yearly across the globe, the demand for piezoelectric sensors is likely to get increased.
A full report of Global Piezoelectric Sensors Market is available at: https://www.omrglobal.com/industry-reports/piezoelectric-sensors-market
The key market players operating in the global piezoelectric sensors market includeHarris Corp., APC International Ltd., CTS Corp., and Piezocryst Advanced Sensorics GmbHamong others. These players mainly focuson various strategies in order to remain competitive in the market. Strategies such as mergers & acquisitions, partnerships & collaborations, product launch, geographical expansion among others are majorly adopted by the market players. Additionally, in order to cope up with the on-going technological advancements in a similar industry, the market players are also focusing on their R&D activities.
Current Market Trends Covered in the market report:
An increase in the automotive sector is positively affecting the piezoelectric sensormarket growth.
Shifting of consumer preferences toward the use of novel and advanced products is expected to provide a growth rate to the piezoelectric sensor market
Pressure Sensorssegment will account for significant growth in the market
The novel innovations and geographical expansions will be the key strategy of the players
The Asia-Pacific will register a significant growth rate in the market
The Report Piezoelectric Sensors Market - Segmented by Type and Applications
By Type
Force Sensors
Pressure Sensors
Temperature Sensors
Others (Accelerometers)
By Application
Industrial & Manufacturing
Automotive
Healthcare
Consumer Electronics
Others (Aerospace, and Information & Telecommunication)
The Report Piezoelectric Sensors Market – Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/piezoelectric-sensors-market
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404
Orion Market Research (OMR) is an Indian market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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