Automotive Pressure Sensors Market report categorizes the global market by Transduction (Optical, Resonant, Piezoresistive, Capacitive), Technology (MEMS, Strain Gauge, & Ceramic), Application (TPMS, Engine, ABS, Airbag, HVAC, & Transmission), Vehicle, EV, & Region
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The global automotive pressure sensors market is estimated to be USD 4.21 Billion in 2017 and is projected to grow to USD 8.84 Billion by 2025, at a CAGR of 9.70%.
The automotive pressure sensors are typically used to gauge the pressure of liquid and gases in a vehicle. Hence, they can be used in many systems of a vehicle.
The automotive pressure sensors market is segmented by application into the transmission, engine control system, power steering, HVAC, airbags, ABS, and direct TPMS.
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The engine control system is estimated to hold the largest share of the automotive pressure sensors market, by application. Automotive pressure sensors for the engine control system are used in the engine, fuel injection pump, and exhaust.
Browse 84 market data Tables and 50 Figures spread through 120 Pages and in-depth TOC on "Automotive Pressure Sensors Market - Global Forecast to 2025"
Engine control application holds the largest market share in 2017
The engine system, which includes the engine, exhaust, and fuel pumps, holds the largest share of the Automotive Pressure Sensors Market. With technological advancement in the architecture of engine control system, the installation of advanced pressure sensors is required for the efficient operation of the system.
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MEMS pressure sensors- Largest share of Automotive Pressure Sensors Market in 2017
Micro Electronic Mechanical Systems (MEMS) sensors are one of the most lucrative innovations in the automotive semiconductor industry, owing to their cost-effectiveness and high reliability. MEMS pressure sensors serve manifold applications in the automotive industry, which include measuring manifold air pressure (MAP), fuel rail, fuel tank, and engine oil.
As this technology caters the requirement of powertrain and safety systems of automotive industry, MEMS technology is expected to acquire the largest market for automotive pressure sensors.
Asia Pacific: Rapid vehicle electrification in Chinese market is propelling the growth of Asia Pacific market
The growth of the Automotive Pressure Sensors Market in Asia Pacific region is expected to be driven by growing vehicle production, government regulations pertaining vehicle safety, rapid vehicle electrification, pressure sensors demand and supply equilibrium, and growing semiconductor industry. The governments in Asia Pacific region are taking several initiatives to improve vehicle safety and are thus driving OEMs to increasingly install safety features in vehicles.
Moreover, the booming production of electric vehicles in China is also driving the market for passive sensors like pressure sensors.
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The report profiles the most promising players in the pressure sensors market. The market presents an interesting picture of a large number of big and small players that have become a force to reckon.
The key players in this market are Infineon (Germany), Sensata (US), Robert Bosch (Germany), Denso (Japan), Delphi (UK), Texas Instruments (US), NXP (Netherlands), Analog Device (US), Melexis (Belgium), General Electric (US), and TE Connectivity (Switzerland).
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