{"componentChunkName":"component---src-templates-blog-post-js","path":"/blog/automotive-pressure-sensors-market-2020-global-size-future-business-strategy-and-forecast-by-2025-the-shotcaller/","result":{"data":{"site":{"siteMetadata":{"title":"No Frills News"}},"contentfulNfnPost":{"postTitle":"Automotive Pressure Sensors Market 2020 Global Size, Future Business Strategy and Forecast by 2025 – The Shotcaller","slug":"automotive-pressure-sensors-market-2020-global-size-future-business-strategy-and-forecast-by-2025-the-shotcaller","createdLocal":"2021-06-01 14:31:08.190760","publishDate":"None","feedName":"Connected Car","sourceUrl":{"sourceUrl":"https://theshotcaller.net/automotive-pressure-sensors-market-2020-global-size-future-business-strategy-and-forecast-by-2025/"},"postSummary":{"childMarkdownRemark":{"html":"<p>The global automotive pressure sensors market was�valued at USD 4.65�billion in 2019, and it is expected to reach a value of USD 7.48�billion by 2025, registering a CAGR of about 8.23% during the forecast period (2020-2025).\n– Additionally, the automotive industry is the biggest and the oldest market for pressure sensors.\nTherefore, powertrain applications account for more than 50% of the pressure sensors business, followed by safety, with Tire Pressure Monitoring Systems (TPMS) being the most significant single automotive application.\nOther factors such as low cost, compact size, eco-friendly nature, and bulk manufacturing capability are the key factors that are helping the automotive sensors market grow.\nCompetitive LandscapeThe global automotive pressure sensors market is consolidated with a few major players holding the majority of the share in the market.</p>"}}}},"pageContext":{"slug":"automotive-pressure-sensors-market-2020-global-size-future-business-strategy-and-forecast-by-2025-the-shotcaller"}}}