South Korea Pressure Sensors Market - By Technology , Applications, Industry, Trends and Forecasts - 2017 - 2022

  • ID: 4389869
  • Report
  • Region: South Korea
  • 81 pages
  • Mordor Intelligence
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The South Korea pressure sensors market was valued at USD 0.35 billion in 2016 and is expected to reach a value of USD 0.48 billion, growing at a projected CAGR of 5.33% during the forecast period 2017 - 2022. The pressure sensors market is driven by the increasing demand from the automotive segment that uses pressure sensors for various applications such as TPMS and 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 pressure sensors 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 projected 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.

The South Korea pressure sensors market is segmented on the basis of technology, end-user industry, and geography. Consumer electronics application segment is analyzed to record the fastest growth in this market. Increasing automobile production, rapid industrialization, lower operational costs, and growing middle class in the emerging economies of Asia Pacific act as the key drivers of the pressure sensors market over the forecast period.

This report describes a detailed study of the Porter's five forces analysis, market segments, and current market trends. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies and competition analysis.

The report also considers key trends that will impact the industry. Some of the leading suppliers of proximity sensors mentioned in the report are:

This Report Offers:

Market definition for South Korea pressure sensors market along with identification of key drivers and restraints for the market

Market analysis of the South Korea pressure sensors market , with region specific assessments and competitive analysis on the global and regional scales

Identification of factors instrumental in changing the market scenario and in offering prospective opportunities

The identification of key companies which can influence the market on both the global and regional fronts

Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share

Identification and analysis of the macro and micro factors that affect the South Korea pressure sensors market on both the global and regional scales

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
Note: Product cover images may vary from those shown
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1. Introduction
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Research Methodology
1.4 Key Findings of the Study
1.5 Market Definition
2. Executive Summary
3. Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Growth in the most prominent end-user verticals such as automotive and healthcare industry.
3.2.2 Increasing adoption of the MEMS and NEMS systems in the industry
3.2.3 Emphasis on miniaturization and integration of advanced technology in products.
3.3 Restraints in the Market
3.3.1 High cost associated with sensing products.
3.4 Opportunities in the Market
3.4.1 Evolution of Smart Infrastructure Concepts across Industries
3.4.2 Role of Sensors in realizing a completely automated environment.
3.5 Industry Value Chain Analysis
3.6 Industry Attractiveness - Porter's Five Force Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Consumers
3.6.3 Threat of New Entrants
3.6.4 Threat of Substitute Products
3.6.5 Existing Competitive Rivalry in the Market
3.7 Industry Policies
4. Technology Snapshot
5. Market Segmentation and Forecast
5.1 By Technology
5.1.1 Piezoresistive
5.1.2 Capacitive
5.1.3 Piezoelectric
5.1.4 Electromagnetic
5.1.5 Optical
5.1.6 Resonant Solid State
5.1.7 Others
5.2 By Application
5.2.1 Automotive
5.2.2 Consumer Electronics
5.2.3 Medical
5.2.4 Oil & Gas
5.2.5 Industrial
5.2.6 Environmental & Utlility Monitoring Applications
5.2.7 Others
6. Competitive Intelligence - Key Company Profiles in South Korea
7. Investment Analysis
7.1 Recent Mergers & Acquisitions
7.2 Investment Outlook
8. Future of Pressure Sensors Market
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown