This industry research reports details the segmentation of the MEMS pressure sensors market on the basis of technology (capacitive pressure sensors, piezoresistive pressure sensors, and piezoelectric pressure sensors) and measurement (absolute pressure sensors, gauge pressure sensors, and differential pressure sensors). The report also outlines the market shares for key regions such as the APAC, Europe, North America, and ROW. The key vendors analyzed in this report are Bosch, Denso, Sensata Technologies, and Freescale Semiconductors.
Technavio’s market research analysts estimate the global MEMS pressure sensor market to grow at a CAGR of around 14% between 2016 and 2020. Growth in vehicle automation has led to the increasing need for semiconductor devices such as MEMS pressure sensors in several automobile applications. The MEMS pressure sensors are integrated into the monitoring and controlling system used in various applications across automotive, industrial, medical, consumer electronic, and high-end devices. APAC accounts for 50% of the global revenue in the MEME pressure sensor market, with maximum revenue generation coming from the automotive and industrial segments.
The new market research report from Technavio provides a breakdown and analysis of the MEMS pressure sensor segments by technology.
“The use of biocompatible material for manufacturing these sensors and their small form factor are contributing to the increased adoption of MEMS pressure sensors in the healthcare industry. With the miniaturization and the growing demand for sophisticated medical devices, the adoption of MEMS pressure sensors will increase during the forecast period,” says Asif Ghani, Lead Analyst, Hardware & Semiconductor, Technavio Research.
Piezoresistive pressure sensors are implanted with piezo-resistors directly on the silicon diaphragm, which is done with the help of boron, and is diffused to selected regions of maximum stress. These sensors are easy to manufacture and enable linear operation over a wide range of applications.
The leading vendors in the global MEMS pressure sensor market include Bosch, Denso, Sensata Technologies, and Freescale Semiconductors. The major vendors in the global MEMS pressure sensor market are already well established, technologically advanced, and operates at high economies of scale, and they occupy more than 50% of the total market. Therefore, it becomes difficult for new vendors to enter the market because of high entry barriers in terms of capital and technology.
A more detailed analysis is available in the Technavio report Global MEMS Pressure Sensor Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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- Global Wireless Sensors Market 2015-2019
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- Global MEMS Market 2015-2019
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