Global MEMS Pressure Sensors Market: Regional Insights
The global MEMS pressure sensors market is geographically divided into North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.
North America is expected to dominate the global MEMS pressure sensors market over the forecast period due to rise in adoption across several sectors such as aerospace, automotive, and healthcare among others. Along with this, stringent government regulations for passenger safety and rapidly growing aerospace and automotive industries in the region are likely to create significant demand for MEMS pressure sensors. Moreover, growing adoption of IoT among various applications such as industrial, automotive, and manufacturing, along with emerging information technology is also expected to fuel growth of the market in North America region.
Furthermore, Asia Pacific is also anticipated to witness significant growth in the global MEMS pressure sensors market over the forecast period. This is owing to significant growth of automotive industry of the region in past few years. The region is known to be the home to major players in automotive industry such as Renault, Kia, and Hyundai. Thus, demand for MEMS pressure sensors is anticipated to continue growing in the region. This is further expected to boost growth of the market across the region.
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