The Report “Middle East and Africa Pressure Sensor Market by Type (Piezoresistive, Capacitive, Electromagnetic, Resonant Solid State, Optical), By Application (Automotive, Petrochemical + Oil and Gas, Consumer Electronics, Medical, Utilities, Process Industries) by Geography (Middle East, Africa) - Analysis and Forecast to 2019” is estimated to reach $1201.4 million by 2019, at a CAGR of 10.4%from 2014 to 2019.
Browse through the TOC of the Middle East and Africa Pressure Sensor Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Extensive technological developments in the past decade have led to a considerable reduction in size of pressure sensors, which has played a major role in the growth of pressure sensor market. The reduction in size and the penetration of MEMS technology into pressure sensor industry has created a wide horizon of applications for pressure sensors in the field of automotive, aerospace, healthcare, wireless and optical communications, and consumer products. In the field of healthcare and automotive, where there is a growing necessity for smaller form factor sensors with improved performance, MEMS-based sensors have proven to be the perfect solution.
The need for pressure sensors is continuously growing. Today’s pressure sensors mainly utilize digital technology, which means they offer enhanced efficiency and sensing performance. Pressure sensors have significant applications in different industry verticals. The major applications of pressure sensors are in petrochemical industry, automotive industry, consumer electronics industry, process industries, and healthcare. The largest application segment for pressure sensors is the automotive segment owing to the use of sensors in tire pressure monitoring systems, engine management, and automatic transmission.
The Middle East and Africa pressure sensor market is expanding exponentially with the increase in sales of automobiles and expanding scope of applications across different industry verticals. The costs of these sensors have reduced significantly, which is also driving the market growth.
The pressure sensor market is segmented and forecast based on types and application. By type, this market is segmented into capacitive pressure sensors, electromagnetic pressure sensors, optical pressure sensors, piezo resistive pressure sensors, resonant solid state pressure sensors, and others. The applications of pressure sensors include automotive, consumer electronics, manufacturing, medical devices, utilities, and others.
This report on the Middle East African pressure sensor market includes market share and value chain analyses, along with market metrics, such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key market players.
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