TechNavio today launched its report Global MEMS Pressure Sensors Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Hardware team said; ”The Electronic industry is following the trend of miniaturization of electronic devices. Most end-users prefer their electronic devices to be small and compact. The miniaturization trend has led to the high deployment of small microelectromechanical systems (MEMS) pressure sensors. In almost all segments, including Automotive, Healthcare and Industrial, vendors are following the trend of miniaturization which has led to high demand for MEMS pressure sensors. The small and compact size MEMS pressure sensors are easily compatible with miniaturized electronic devices.”
According to the report, the increasing demand for MEMS pressure sensors in the Automotive segment is the major growth driver for the Global MEMS Pressure Sensor market. The major applications of MEMS pressure sensors in the Automotive segment are air pressure control in engines, tire pressure monitoring systems and transmission system pressure sensing. The Automotive segment is expected to contribute greatly in future with the increasing demand for MEMS pressure sensors.
Further, the report also discusses that the major challenge for the market is the lack of product differentiation.
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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/zKlLT
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TechNavio Announces the Publication of its Report – Global MEMS Pressure Sensors Market 2011-2015
