High growth across several application segments such as automotive, healthcare, and consumer electronics is expected to drive the piezoresistive pressure sensors market over the forecast period. For More Information Visit - http://www.grandviewresearch.com/industry-analysis/piezoresistive-pressure-sensor-market

1. Piezoresistive Pressure Sensors Market Analysis, Market
Size, Application Analysis, Regional Outlook, Competitive
Strategies and Forecasts, 2014 To 2020
High growth across several application segments such as automotive, healthcare,
and consumer electronics is expected to drive the piezoresistive pressure sensors
market over the forecast period. Advancements in Micro Electro Mechanical
Systems (MEMS) technology have been largely responsible for the
commercialization of piezoresistive pressure sensors. Vacuum, gauge, differential
& absolute pressure are the parameters measured by the piezoresistive pressure
sensor technology. Components involved include discrete components, driver IC,
and transducers. Increasing vehicle demand, particularly from developing countries
is expected to drive market growth over the forecast period. Favorable government
initiatives encouraging increased use of piezoresistive pressure sensors in
automobiles are expected to spur the market demand over the next six years.
For More Information on "Piezoresistive Pressure Sensors Market Research
Reports" visit - http://www.grandviewresearch.com/industry-
analysis/piezoresistive-pressure-sensor-market

2. Medical and automotive segments are anticipated to emerge as key emerging
application areas which can be attributed to advancements in pressure sensor
technologies. Extensive use in airbags to address road safety concerns is expected
to result in the automotive industry emerging as a lucrative growth sector. Simpler
integration with electronics, linear response, and inherent RF noise shielding are
some of the characteristics encouraging piezoresistive pressure sensors adoption.
Significant power consumption and higher fundamental noise limits as compared
to their capacitive counterparts are expected to pose a challenge to market growth.
Technological advancements and proliferation in nanotechnology applications are
anticipated to offer avenues for market growth.
Fuelled by high demand from the booming automotive industry, Asia Pacific is
expected to emerge as a key regional piezoresistive pressure sensors market.

3. Increased implementation of Tire Pressure Monitoring Systems (TPMS) is
expected to augment piezoresistive pressure sensors demand. In the U.S., National
Highway Traffic Safety Administration (NHTSA) mandates the installation of
TPMS devices to warn drivers about under-inflated tires.
Leading piezoresistive pressure sensors market players emphasize on the sensors to
be used in hazardous areas. Advancements in sensor technology have led to the
development and move towards miniaturization of sensors thereby offering several
opportunities to the key industry participants. For instance, Kistler Instruments
offers pressure sensors suitable to be used in intrinsically safer areas as well as
non-incendive areas. Key piezoresistive pressure sensors market players include
Freescale Semiconductor Inc., General Electric, Epcos AG, Honeywell
International Inc., Endress+Hausar, Orman AVL, and Measurement Specialities
Inc.

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