Global Pressure Sensor Dies Market 2017-2021

Overview of the global pressure sensor dies market

Research analysis on the global pressure sensor dies market identifies that the government regulations to increase the road safety will be one of the major factors that will have a positive impact on the growth of the market. Government regulations in different countries around the world play a key role in the implementation of safety features in automobiles. Safety technologies such as ABS, ESC, and airbags will drive the demand for pressure sensor dies during the forecast period.  For instance, airbags have been mandated in several countries and the US and European countries are the first ones to pass the directive regarding passenger airbags across all vehicle segments. Moreover, emerging nations are also introducing regulations and are likely to pass legislations to mandate airbags during the forecast period. This will drive the demand for pressure sensor dies as they are a vital part in airbag deployment systems. Technavio's market research analysts predict that this market will grow at a CAGR of more than 7% by 2021.

The introduction of wearables is one of the latest trends that will gain traction in the pressure sensor dies market. Wearable tech is a mobile technology that allows a device to keep track of the daily activities and provide communication services. These devices are smart watches, electronic tags, smart glasses such as Google Glass, smart fabrics, heart-rate monitors, and fitness-tracking gadgets. Wearable technology is likely to gain wide acceptance during the forecast period and will lead to the growth of the global pressure sensor dies market for consumer applications.

Competitive landscape and key vendors  

The pressure sensor dies market consists of established manufacturers and well-diversified global and regional vendors.  As the global players are expanding their presence, regional vendors are finding it hard to compete based on quality, safety, and price. The competitive environment in this market will increase with a rise in the use of sensors such as MEMS pressure sensor due to the increasing government regulations and consumer requirements for better safety features, which in turn, will lead to the growth of the MEMS pressure sensor market.  

The leading vendors in the market are ?

• Hebei MT Microsystems
• Murata Manufacturing
• Sensonor
• TDK

The other prominent vendors in the market are Acuity, ALL SENSORS, BCM SENSOR TECHNOLOGIES, European Sensor Systems (ESS), microfab Service, and Silicon Microstructures

Segmentation by application and analysis of the pressure sensor dies market

• Automotive
• Bio medical
• Consumer electronics
• Oil and gas
• Industrial

During 2016, the automotive segment accounted for the major shares of the pressure sensor dies market. Factors such as the increased adoption of safety features such as ABS and ESC in passenger vehicles and rising emission norms and regulatory mandates for commercial vehicles will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the pressure sensor dies market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the pressure sensor dies market throughout the forecast period. The increased investments for better technologies in the automotive segment, rising production of consumer electronics and increase in government regulations for the installation of safety systems in vehicles will drive the market's growth in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global pressure sensor dies market?
• What are the key market trends impacting the growth of the global pressure sensor dies market?
• What are the challenges to market growth?
• Who are the key vendors in the global pressure sensor dies market?
• What are the market opportunities and threats faced by the vendors in the global pressure sensor dies market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global pressure sensor dies market?

Technavio also offers customization on reports based on specific client requirement.

Pressure sensor dies are primarily used for developing small surface micromachined capacitive sensor element and are used in all applications where size and low power-dissipation is of high importance such as like medical systems, wireless systems, and industrial transducers. The upcoming market research report on the global pressure sensor dies market is an integral part of the hardware and semiconductor industry and offer an analysis of fast growing market segments like sensors. This upcoming research report on the global pressure sensor dies market offers insights into the key trends and market drivers influencing the growth of the sensors industry.

To help the clients expand in niche markets and identify potential market opportunities, this report on the global pressure sensors dies market also covers geographies like the Americas, APAC, and EMEA. This upcoming industry report also considers the growth of the similar markets such as the wireless sensors market, which is expected to grow at a CAGR of close to 20% by 2021.

To correctly estimate the growth of the pressure sensor dies market, the market research analysts at Technavio follow a meticulous approach to primary and secondary research and analyze the data collected from various sources including industry experts, research journals, and manufacturers. Additionally, to offer clients insights into the competitive landscape, this market report covers vendors like EPCOS, Microfab Service, Sensonor A, ESS, and BCM sensor.

This upcoming market research report on the global pressure sensor dies market also identifies the key influencers, the emerging trends, and the challenges faced by the vendors in the sensors sector. Furthermore, to offer an in-depth analysis of the industry's growth prospects, the report also provides detailed insights on the changing competitive landscape and the strategies followed by the major players to establish their presence in the global market.

Our market research methodology for the pressure sensors dies market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.