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The global market for pressure sensors is estimated to reach $12.23 billion by 2021. Americas held the largest share of market in 2015; however, APAC will emerge as the market leader in the forecast period. The pressure sensors market APAC market will grow due to the increasing focus on industrial and factory automation and the trends will likely to be continues in the near future. APAC will lead the market in the future; countries such as India, Taiwan, and China will further boost the market. Sales for industrial and automotive pressure sensor coupled with increasing investment in Automation and new manufacturing facilities will likely to propel the market for pressure sensor in the region.<br><br>Avail More Info @ http://industryarc.com/Report/11706/pressure-sensors-market.html
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Pressure Sensor Market By Application (Pressure Sensing, Leak Testing, Flow Sensing); By Type (Gauge, Vacuum, Absolut); By Technology (Piezoelectric, Capacitive, Electromagnetic); By Verticals (F&B, Automotive, Chemical) - Forecast- 2016-2021 Pressure Sensor Market Share (%) - 2015 Americas held nearly 34% market share in 2015, dominated by U.S. constituting ~70% of it. However, APAC is likely to surpass the Americas by 2019, on the bank of rapid industrialization across the region. Pressure Sensor Types - Pricing Analysis (2013-2016) Americas Pressure Sensor (%) Market Share - Regional Analysis, By Value Americas Pressure Market Value – 2015 ($million) Owing to increase in manufacturing activities followed by application of automation technologies on a large scale, Americas have seen the largest demand for pressure sensors. Since majority of the pressure sensor suppliers are local manufacturers, the region has also been able to generate the highest revenues (approx. $1.29 billion, 2015) as compared to other regions globally ‘Automotive and Healthcare’ are the most prominent industries; and constituted nearly 40% share of overall pressure sensor market in 2015
