In 2013, the global pressure sensors market was worth USD 6.19 billion. Constructive regulations such as ordinance of the U.S. government which made it obligatory for car owners to install tire pressure monitoring systems (TPMS) are anticipated to boost the overall market demand. Pressure sensors are also used in the global positioning systems (GPS) lock applications. Hence, the increased production of tablets and smartphones is projected to increase the demand of global pressure sensors market. Over the past few years, the global pressure sensors market has witnessed a shift from analog technology to digital technology, owing to the latter's superior performance and efficiency. Moreover, an increase in the number of vehicles all over the world is expected to drive the overall market.
http://www.grandviewresearch.com/industry-analysis/pressure-sensors-industry
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