Automotive Pressure Sensors Market (Application - Tire Pressure Monitoring Systems, Brake Booster Systems, Exhaust Gas Recirculation Systems, Engine Management Systems, Air Bag Systems, and Vehicle Dynamic Control; Vehicle Type - Passenger Car, Commercial Vehicles): Global Industry Analysis, Trends, Size, Forecasts to 2024

Pune, India -- (SBWire) -- 10/25/2018 --Our latest research report entitled Automotive Pressure Sensors Market (by application (tire pressure monitoring systems, brake booster systems, exhaust gas recirculation systems, engine management systems, air bag systems and vehicle dynamic control), vehicle type (passenger car and commercial vehicles)) provides complete and deep insights into the market dynamics and growth of Automotive Pressure Sensors. Latest information on market risks, industry chain structure Automotive Pressure Sensors cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Automotive Pressure Sensors growth factors.

The forecast Automotive Pressure Sensors Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Automotive Pressure Sensors on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report.

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Bosch Hydraulic Pressure Sensor SMP14x Improves Driving Comfort

In November 2016 - Germany, Bosch launched the SMP14x, a pressure sensor for hydraulic pressure measurement in automatic transmissions. With a response time of less than one millisecond, the sensor measures pressure to operate the clutch with high precision. This enables smooth, fast gear shifting without judders, which translates into a higher degree of driving comfort for the driver and passengers.

The SMP14x features a hermetically sealed, 100 percent leak-tight metal package, with high media resistance. This ensures that the electronics are not exposed to the hydraulic fluid and guarantees a long lifetime for the sensor.

Nano-Electromechanical Systems to Promote Growth in the Automotive Pressure Sensors Market

Rising environmental and safety concerns due to the increasing vehicle numbers are forcing governments to enforce stringent vehicle emission and safety norms in the developed regions. This has resulted in an increased number of automobiles equipped with various safety systems such as EGR(Exhaust gas recirculation), ABS, and airbags, which require pressure sensors for functioning that eventually drives the growth of the Automotive pressure sensors market. In addition, Growing popularity of micro-electromechanical system and nano-electromechanical systems are anticipated to strengthen the growth prospects of the automotive pressure sensor market. However, a complex manufacturing process and high cycle time are curtaining the demand for automotive pressure sensor market. The technological advancement in several industries such as automotive, healthcare, and oil and gas, the applications and functionalities of pressure sensors are evolving continuously. Therefore, the demand for piezoresistive pressure sensors and engine optimization is attributed to have a wide range of applications in the automotive sector. The emergence of fusion box technology is providing several growth opportunities for the key players in the automotive pressure sensor market.

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Asia Pacific Region to Contribute To Growth in the Global Automotive Pressure Sensors Market

The Asia Pacific prevailed the automotive pressure sensor market and it is expected to continue its dominance over the upcoming years. Moreover, rapid level of industrialization in Asia Pacific region is contributing to the growth for automotive pressure sensor market. The boosting market in China is driving the market for automotive pressure sensors. The Asia Pacific followed by North America and Europe accounted for more than half of the global market revenue share. The existing vehicles in North America are equipped with advanced safety features and body electronics that serve the majority of the market.