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The future of the pressure sensor market in Canada looks attractive with opportunities in the industrial, healthcare, consumer electronics, and automotive industries. The major growth drivers for this market are stringent government regulations for safety in the automotive industry, growth in consumer electronics, and increasing demand for microelectromechanical systems (MEMS) technology.
Emerging trends, which have a direct impact on the dynamics of the pressure sensor industry, include development of implantable pressure transduction system and the development of nanoelectromechanical system (NEMS) pressure sensor.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this pressure sensor market in Canada report, download the report brochure.
Pressure Sensor Market in Canada by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Pressure Sensor Market
in Canada: 2014-2025 (US $M) (Randomized Data)
The study includes the market size and forecast for the pressure sensor market in Canada by technology and end use industry as follows:
Pressure Sensor Market by Technology [$M shipment analysis from 2014 to 2025]:
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Piezoresistive
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Electromagnetic
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Resonant Solid State
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Capacitive
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Optical
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Others
Pressure Sensor Market by End Use Industry [$M shipment analysis from 2014 to 2025]:
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Automotive
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Industrial
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Healthcare
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Electronics
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Others
Lucintel forecasts that piezoresistive technology will remain the largest technology type due to increasing demand in aerospace and automotive industries. The optical technology is expected to witness the highest growth in the forecast period due to its increasing penetration in medical electronics and automotive applications.
Within the pressure sensor market, the automotive industry will remain the largest end use segment due to increasing usage of pressure sensors in the tire pressure monitoring, electronic stability controls, engine controls, and side airbags. Lucintel predicts that the electronics industry is likely to experience the highest growth over the forecast period due to growth in smartphones, tablets, household appliances, and wearable devices.
Some of the features of “Opportunities for the Pressure Sensor Market in Canada 2014-2025: Trends, Forecast, and Opportunity Analysis” include:
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Market size estimates: Pressure sensor market size estimation in terms of value ($M) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by technology and end use industry.
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Segmentation analysis: Pressure sensor market size by technology (piezoresistive, electromagnetic, resonant solid state capacitive, optical, and others) and end use industry (automotive, industrial, healthcare, electronics, and others) in terms of value.
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Growth opportunities: Analysis on growth opportunities in different technology and end use industry of pressure sensor in the pressure sensor market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the pressure sensor market in Canada by technology (piezoresistive, electromagnetic, resonant solid state capacitive, optical, and others) and end use industry (automotive, industrial, healthcare, electronics, and others)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the pressure sensor market?
Q.4 What are the business risks and threats to the pressure sensor market?
Q.5 What are the emerging trends in this pressure sensor market and reasons behind them?
Q.6 What are some changing demands of customers in the pressure sensor market?
Q.7 What are the new developments in the pressure sensor market? Which companies are leading these developments?