TechNavio recognizes the following companies as the key players in the Global MEMS Pressure Sensors Market: Robert Bosch GmbH, Denso Corp., Sensata Technologies Inc., General Electric Co., and Freescale Semiconductors Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “The Electronics industry is following the trend of the miniaturization of electronic devices. Most end-users prefer their electronic devices to be small and compact. The miniaturization trend has led to high deployment of small MEMS pressure sensors. In almost all segments, including the Automotive, Healthcare, and Industrial segments, vendors are following the trend of miniaturization, which has led to high demand for MEMS pressure sensors. The small and compact MEMS pressure sensors are easily compatible with miniaturized electronic devices.”
According to the report, the major growth driver is the increasing demand for MEMS pressure sensors in the Automotive segment. The major applications of MEMS pressure sensors in the Automotive segment are in monitoring of air pressure control in engines, tire pressure monitoring systems, and transmission system pressure sensing.
Further, the report states that the major challenge for the market is the lack of product differentiation. This has increased the product selection challenges as customers from different industries adopt MEMS pressure sensors that have multiple features, most of which are often not required by all customers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-mems-pressure-sensors-market-2012…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global MEMS Pressure Sensors Market 2012-2016
