The Report “Europe Pressure Sensor Market by Type (Piezoresistive, Capacitive, Electromagnetic, optical, Resonant solid state, and other) by Application (Automotive, Manufacturing, Consumer electronics, Medical, Utility, and other), and by Geography (Germany, U.K., France, Italy, and Rest of Europe (ROE)) Europe-Forecasts 2013-2019” is estimated to reach $1,579.5 million by 2019, at a CAGR of 4.7% from 2014 to 2019.
Browse through the TOC of the Europe Pressure Sensor Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Enormous technological developments in the past decade have led to a significant reduction in the size of pressure sensors, which plays a vital role in the growth of pressure sensor market.
Penetration of Micro-Electro-Mechanical Systems (MEMS) technology in pressure sensors has led to an increase in the applications for pressure sensors in the field of aerospace, automotive, healthcare, consumer products, wireless and optical communications. MEMS-based pressure sensors are highly suitable for automotive and healthcare sector as they meet the need of smaller size sensors with improved performance.
The market for pressure sensors in Europe is expected to grow significantly in coming years as 60% of the global sensors manufacturing units are in the European region. The main countries contributing to the pressure sensor market in this region include Germany, France, the U.K., and Italy. The U.K. dominates the market due to prominence of industrial sector in this country. The country held a share of 30% of the overall level sensors market in Europe, followed by Germany with 23.9%. The affluence of consumers and the competitiveness of the market, along with the presence of global consumer electronics companies make Europe a desired market for pressure sensor manufacturers.
The report segments and analyzes the types and applications of pressure sensors. Capacitive pressure sensors, electromagnetic pressure sensors, optical pressure sensors, piezoresistive pressure sensors, and resonant solid state pressure sensors are the main types of pressure sensors. Automotive sector is the largest consumer of pressure sensor market, followed by medical devices, manufacturing industry, utility industry, and consumer electronics.
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