DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/c24rm8/brazil_pressure) has announced the addition of the "Brazil Pressure Sensors Market - Growth, Trends And Forecasts (2014 - 2020)" report to their offering.
The Brazil Pressure sensors market is expected to increase to $0.08 billion by 2018 at a CAGR of 1.51% over the period 2014-2020. Brazil contributes about 29% of the market share in Latin Americas pressure sensors market. The Brazil pressure sensor market is increasing exponentially with increase in the sales of automobiles and expanding use of pressure sensors for various applications (TPMS, exhaust gas pressure of EGR System). Government regulations mandating the use of pressure sensors in automobiles have also contributed to the growth in demand for pressure sensors. The costs of these sensors have been reducing significantly, which is also driving the market growth.
The market is dominated by Piezoresistive and Capacitive sensors as they are heavily used in automotive, medical, petrochemical, Oil and gas industries. Optical and resonant solid-state sensors are expected to exhibit high growth over the forecast period due to their applications in hazardous environments. Technological advancements and nanotechnology applications are the future opportunities for pressure sensor market.
Companies Mentioned:
- Bosch
- Honeywell
- Infineon
- Omron
- Panasonic
- Freescale
- Stmicorelectronics
- Murata Electronics
- Epcos
- Ssi Technologies
- Kavilco
- Measurement Specialties
- Mouser Electronics
- Sick Ag
- Keyence
For more information visit http://www.researchandmarkets.com/research/c24rm8/brazil_pressure
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
