Global MEMS Pressure Sensors Market 2015-2019
About MEMS Pressure Sensors
MEMS pressure sensors provide an interface that can sense, process, and control the external environment of the system on which they are installed. These devices contain tiny electrical and mechanical components on a single chip, and work on the principle of change in resonant frequency to calculate the pressure. The sensors are widely used in the Automotive, Healthcare, and Industrial segments. Some of the applications of these sensors in the Automotive segment include measuring air flow management, tire pressure monitoring, and airbag safety systems. In the Healthcare segment, MEMS pressure sensors are used for blood pressure monitoring and respiratory disorder diagnostic equipment. In the Industrial segment, they are used for industrial process, and HVAC controls.
TechNavio's analysts forecast the Global MEMS Pressure Sensors market to grow at a CAGR of 9.1 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global MEMS Pressure Sensors market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of MEMS pressure sensors to key customer segments such as Automotive, Healthcare, Consumer Electronics, Industries, and Aerospace and Defense. The report considers the sales of the entire range of MEMS pressure sensors to OEMs and does not take aftermarket sales into account. The report presents the geographical segmentation based on the revenue generated from MEMS pressure sensor sales in the key regions. The report includes various end-user applications in the market and presents the revenue contribution. It presents the vendor landscape and corresponding detailed analysis of the top five vendors in the market. The report also discusses the major drivers influencing the growth of the Global MEMS Pressure Sensors market. It also outlines the challenges faced by the vendors and the market at large, as well as the emerging key trends in the market.
TechNavio Announces the Publication of its Research Report – Global MEMS Pressure Sensors Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global MEMS Pressure Sensors Market: Denso Corp., Freescale Semiconductor Ltd., Robert Bosch GmbH and Sensata Technologies Inc.
Other Prominent Vendors in the market are: Delphi Automotive, Infineon Technologies, Schneider Electric and Texas Instruments.
Commenting on the report, an analyst from TechNavio’s team said: “Miniaturization of electronic devices is one of the major trends in the market. In almost all segments, including Automotive, Healthcare and Industrial, vendors are following the trend of miniaturization, which has led to high demand for MEMS pressure sensors.”
According to the report, increased demand for MEMS pressure sensors in the automotive segment is one of the major growth drivers of the market. Monitoring air pressure in engines, tire pressure, and pressure in transmission systems are the major applications of MEMS pressure sensors in the automotive segment.
Further, the report states that intense competition is one of the major challenges that the market confronts. Several vendors are competing to gain a larger market share. The threat of large multinationals acquiring small vendors has increased the level of competition in the market.
Bosch, Denso , Freescale , Sensata Technologies, Delphi, Infineon, Schneider Electric, Texas Instruments
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook