The North American Pressure Sensor Market is expected to reach $1,811.2 million by 2018 - New Report by MicroMarket Monitor

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North American Pressure Sensor Market driven by prominent system suppliers and sensor manufacturers in the region

MicroMarket Monitor

MicroMarket Monitor

Key Players in the North American Pressure Sensor Market are Yokogawa Electric (Japan), Nagano Keiki (Japan), Siemens (Germany), Honeywell Process Solutions (U.S.)

The North American Pressure Sensor Market report defines and segments the pressure sensor market in North America with analysis and forecast of revenue. This market was valued at $1,390.2 million in 2013, and is expected to reach $1,811.2 million by 2018, at a CAGR of 5.4% from 2013 to 2018.

Browse through the TOC of the North American Pressure Sensor Market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation of this market, and is supported by various tables and figures.

Tremendous technological developments in the past decade have led to a considerable reduction in the size of pressure sensors, which has played a major role in the growth of pressure sensor market. The reduction in size and the penetration of Micro-Electro-Mechanical Systems (MEMS) technology into pressure sensor industry has created a wide horizon of applications for pressure sensors in the field of automotives, aerospace, healthcare, wireless and optical communications, and consumer products. In the field of healthcare and automotives, where there is a growing necessity for smaller sensors with improved performance, MEMS-based sensors have proven to be the perfect solution.

North America is one of the most technologically advanced application markets for pressure sensors due to the presence of prominent system suppliers, large semiconductor companies, and sensor manufacturers in the region. The size of the region, the affluence of its consumers, and the competitiveness of automotive and medical original equipment manufacturers (OEMs) make it a thriving market for pressure sensor manufacturers. The major countries contributing to the pressure sensor market in North America include the U.S., Canada, and Mexico.

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The pressure sensor market is segmented and forecast based on types and application. By type, this market is segmented into capacitive pressure sensors, electromagnetic pressure sensors, optical pressure sensors, piezoresistive pressure sensors, resonant solid state pressure sensors, and others. In addition, the market is further segmented and forecast based on applications, namely automotives, consumer electronics, manufacturing, medical devices, utilities, and other applications.

Early buyers will receive 10% customization on this report.

This report on the North American pressure sensor market includes market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.

Related Reports :

Asia-Pacific Pressure Sensor Market

Pressure Sensor-Asia-Pacific and Piezoresistive pressure sensor, Capacities pressure sensor, Electromagnetic pressure sensor, Resonant solid state pressure sensor, Optical pressure sensor and Pressure Sensor - Other Types adds up to total Pressure Sensor market.

Pressure Sensor-Asia-Pacific can be segmented by Applications, Companies and MacroIndicators. Applications of this market are Medical Devices, Utility Industry, Manufacturing, Consumer Electronics, Automotive and Other Applications. Companies of this market are Freescale Semiconductor, LTD, General Electric Company, Epcos AG, Honeywell International,Inc and Endress+Hausar. MacroIndicators of this market are R&D Expenditure.

About MicroMarket Monitor :

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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