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Global Automotive Pressure Sensors Market to Grow at a CAGR of 6.47% During the Period 2017-2021; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Automotive Pressure Sensors Market 2017 - 2021” research report to their website http://www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 01/27/2017 -- Report forecast the global automotive pressure sensors market to grow at a CAGR of 6.47% during the period 2017-2021.

These sensors are used in automobiles to measure pressure both above and below the atmospheric pressure. These sensors are calibrated, and compensation is provided for temperature fluctuations to maximize the accuracy of the sensors. The sensors are coated with a gel passivation layer to make them resistant to chemicals and organic fluids used in automobiles like diesel and gasoline.

The report covers the present scenario and the growth prospects of the global automotive pressure sensors market for 2017-2021. To calculate the market size, the report considers the combination of top-down and bottom-up approaches, wherein the in-house databases have been used to arrive at the global automotive pressure sensors market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one of the major drivers for this market is rising focus on passenger and environmental safety. The automotive industry has been witnessing growing consumer demand for fuel-efficiency, safety, reduced emissions in the interests of promoting a better driving and travel experience. This has resulted in an increased demand for automotive pressure sensors.

Further, the report states that one of the major factors hindering the growth of this market is rising demand for EVs to affect automotive pressure sensors market. Automobiles today have an electronic component content going as high as 50% of the cost of the automobile owing to increased safety features like driver assistance system (DAS) and regulatory mandates stipulating mandatory installation of OBD2 to reduce greenhouse gas (GHG) emissions.

Global Automotive Pressure Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global automotive pressure sensors market: Bosch, Continental, Denso, Infineon Technologies, and Sensata Technologies.

Other Prominent Vendors in the market are: Analog Devices, AVL, Delphi, Emerson Electric, Freescale (NXP Semiconductors), Murata Manufacturing, Silicon Microstructures, STMicroelectronics, and TE Connectivity.

Market driver
- Rising focus on passenger and environmental safety
- For a full, detailed list, view our report

Market challenge
- Rising demand for EVs to affect automotive pressure sensors market
- For a full, detailed list, view our report

Market trend
- Shifting focus of OEMs toward autonomous vehicles to influence pressure sensors market
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 87 pages and 50 Exhibits "Global Automotive Pressure Sensors Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Market segmentation by geography, Market drivers, Market challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-automotive-pressure-sensors-market-2017-2021

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