Piezoresistive Pressure Sensors Market
Piezoresistive Pressure Sensors Market Size, Share & Trends Analysis Report by Material (Ceramic and Silicon), by Application (Flow Rate Measurement, Barometric Pressure, Process Control, Test and Measurement, and Navigation), and by Industry Vertical (Consumer Electronics, Oil and Gas, Aerospace and Defense, Automotive and Industrial) Forecast Period (2024-2031)
Piezoresistive pressure sensors market is anticipated to grow at a moderate CAGR of 3.5% during the forecast period (2024-2031). In piezoresistive pressure sensors, the measuring element is a silicon-based Wheatstone-Bridge. It extends minimally under pressure changing the electrical resistance in this way. This effect is commonly referred to as piezoresistive effect.
Market Dynamics
Growing Automobile Industry
These sensors are highly used in automotive industry for several applications including tire pressure monitoring systems (TPMS), airbag deployment systems, and engine management systems. Piezoresistive pressure sensors are a popular choice in these applications due to their affordability and reliability. Therefore, the growing automobile industry globally is a key factor driving the growth of the global piezoresistive pressure sensor market.
New Product Launches to Flourish the Market
Major piezoresistive pressure sensor market players are adopting necessary steps to improve design, production, and quality control processes with a view to enhance accuracy of piezoelectric pressure sensors thereby presenting innovative power-to-system solutions for applications that are set to power the world. For instance,in December 2019, STMicroelectronics launched LPS27HHW piezoelectric pressure sensor, an ultra-compact MEMS sensor that functions as a digital output barometer. The device is made of a sensing element and an IC interface, which communicates through I²C, MIPI I3CSM or SPI. The sensing element detects absolute pressure and consists of a suspended membrane manufactured using dedicated process developed by ST. It has an absolute pressure range from 360 to 1260hPa and features water-resistant package. The pressure sensor features low pressure sensor noise of 0.7Pa and provides 24-bit pressure data output. The device requires supply voltage of 1.7 to 3.6V and is used for GPS applications, water depth monitoring, gas metering as well as weather station equipment.
Market Segmentation
Our in-depth analysis of the global piezoresistive pressure sensors market includes the following segments by material, application, and industry vertical:
- Based on material, the market is sub-segmented into ceramic and silicon.
- Based on application, the market is bifurcated into flow rate measurement, barometric pressure,process control, test and measurement and navigation.
- Based on industry vertical, the market is sub-segmented into consumer electronics, oil and gas, aerospace and defense, automotive and industrial.
Automotive is Projected to Emerge as the Largest Segment
Based on the industry vertical, the global piezoresistive pressure sensors market is sub-segmented into consumer electronics, oil and gas,aerospace and defense and automotive. Among these, the automotive sub-segment is expected to hold the largest share of the market. Piezoresistive transducers implanted in a silicon wafer with bulk micromachined diaphragms have become the dominant technology for producing automotive pressure sensors.
These components drive the development of premium vehicles which keeps on driving the offers of light vehicles, which in total add to an expansion in the demand for pressure sensors in the forecast period. According to the European Federation for Transport and Environment, approximately half of all automobiles not equipped with a tire-pressure monitoring system are driven on significantly under-inflated tires. TPMS is used to provide real-time monitoring of operating pressures of automotive tire before, during, and after typical vehicle operation/driving conditions.
Regional Outlook
The global piezoresistive pressure sensors market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America). The market in Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period. Increasing production of automobiles owing to rapid industrialization in emerging economies such as India and China is driving the regional market growth.
Global Piezoresistive Pressure Sensors Market Growth by Region 2024-2031
North America Holds Major Market Share
Among all the regions, North America is projected to account for a major market share during the forecast period. The presence of several well-established end-user industries across the region is a key contributor to the high share of the regional market growth. The presence of stringent government policies to promote the use of these sensors across the region is further driving the regional market growth. For instance, in 2007, the US government passed the TREAD (Transportation Recall Enhancement, Accountability and Documentation) Act to mandate the installation of the Tire Pressure Monitoring System (TPMS) in all types of automobiles, so that drivers can be cautious about the under-inflation of automobiles within 20 minutes of its detection.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the global piezoresistive pressure sensors market include BD Sensors GmBH, Honeywell International Inc., Impress Sensors and Systems Ltd., and MetalluxSA among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in October 2020, BD SENSORS expanded its portfolio of electronic pressure and level measurement technology with a product range offering digital interfaces. The new range is based on variants of the analogue pressure measurement technology with digital interfaces that comes in versions with IO-Link, Modbus RTU and i2C.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global piezoresistive pressure sensors market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. BD Sensors GmbH
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Honeywell International Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Impress Sensors and Systems Ltd.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Metallux SA
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
4. Market Segmentation
4.1. Global Piezoresistive Pressure SensorsMarket by Material
4.1.1. Ceramic
4.1.2. Silicon
4.2. Global Piezoresistive Pressure SensorsMarket by Application
4.2.1. Flow Rate Measurement
4.2.2. Barometric Pressure
4.2.3. Process Control
4.2.4. Test and Measurement
4.2.5. Navigation
4.3. Global Piezoresistive Pressure SensorsMarket by Industry Vertical
4.3.1. Consumer Electronics
4.3.2. Oil and Gas
4.3.3. Aerospace and Defense
4.3.4. Automotive
4.3.5. Industrial
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East & Africa
6. Company Profiles
6.1. ABB Ltd.
6.2. All Sensors Corp.
6.3. Amphenol Advanced Sensors
6.4. BCM Sensor Technologies BVBA
6.5. First Sensor AG
6.6. Keller Corp.
6.7. Measurement Specialities Inc.
6.8. NinghaiSendo Sensor Co. Ltd
6.9. Omron Corp.,
6.10. Pewatron AG
6.11. Robert Bosch GmbH
6.12. Rosemount Inc. (Emerson Electric Company)
6.13. STMicroelectronics
6.14. Yokogawa India Ltd.
1. GLOBAL PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2023-2031 ($ MILLION)
2. GLOBAL CERAMIC PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL SILICON PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
5. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FOR FLOW RATE MEASUREMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
6. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FORBAROMETRIC PRESSUREMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
7. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FOR PROCESS CONTROLMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FORTEST AND MEASUREMENTMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
9. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FOR NAVIGATION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
10. GLOBAL PIEZORESISTIVE PRESSURE SENSORS MARKETRESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)
11. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FOR CONSUMER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FOR OIL AND GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
13. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FOR AEROSPACE AND DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
14. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FORAUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
15. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FORINDUSTRIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
16. GLOBAL PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
17. NORTH AMERICAN PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
18. NORTH AMERICAN PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2023-2031 ($ MILLION)
19. NORTH AMERICAN PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
20. NORTH AMERICAN PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL,2023-2031 ($ MILLION)
21. EUROPEAN PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
22. EUROPEAN PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2023-2031 ($ MILLION)
23. EUROPEAN PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
24. EUROPEAN PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)
25. ASIA-PACIFIC PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
26. ASIA-PACIFICPIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2023-2031 ($ MILLION)
27. ASIA-PACIFICPIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
28. ASIA-PACIFICPIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)
29. REST OF THE WORLD PIEZORESISTIVE PRESSURE SENSORSMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
30. REST OF THE WORLD PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2023-2031 ($ MILLION)
31. REST OF THE WORLD PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
32. REST OF THE WORLD PIEZORESISTIVE PRESSURE SENSORS MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)
1. GLOBAL PIEZORESISTIVE PRESSURE SENSORS MARKET SHARE BY MATERIAL, 2023 VS 2031 (%)
2. GLOBAL CERAMIC PIEZORESISTIVE PRESSURE SENSORS MARKET SHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL SILICON PIEZORESISTIVE PRESSURE SENSORS MARKET SHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL PIEZORESISTIVE PRESSURE SENSORS MARKET SHARE BY APPLICATION, 2023 VS 2031 (%)
5. GLOBALPIEZORESISTIVE PRESSURE SENSORS FOR FLOW RATE MEASUREMENT MARKET SHARE BY REGION, 2023 VS 2031 (%)
6. GLOBALPIEZORESISTIVE PRESSURE SENSORS FORBAROMETRIC PRESSURE MARKET SHARE BY REGION, 2023 VS 2031 (%)
7. GLOBALPIEZORESISTIVE PRESSURE SENSORS FOR PROCESS CONTROLMARKET SHARE BY REGION, 2023 VS 2031 (%)
8. GLOBALPIEZORESISTIVE PRESSURE SENSORS FOR TEST AND MEASUREMENTMARKET SHARE BY REGION, 2023 VS 2031 (%)
9. GLOBALPIEZORESISTIVE PRESSURE SENSORS FORNAVIGATIONMARKET SHARE BY REGION, 2023 VS 2031 (%)
10. GLOBAL PIEZORESISTIVE PRESSURE SENSORS MARKETSHARE BYINDUSTRY VERTICAL, 2023 VS 2031 (%)
11. GLOBAL PIEZORESISTIVE PRESSURE SENSORS MARKET FOR CONSUMER ELECTRONICS MARKET SHARE BY REGION, 2023 VS 2031 (%)
12. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FOR OIL AND GAS MARKET SHARE BY REGION, 2023 VS 2031 (%)
13. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FOR AEROSPACE AND DEFENSE MARKET SHARE BY REGION, 2023 VS 2031 (%)
14. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FORAUTOMOTIVE MARKET SHARE BY REGION, 2023 VS 2031 (%)
15. GLOBAL PIEZORESISTIVE PRESSURE SENSORS FORINDUSTRIAL MARKET SHARE BY REGION, 2023 VS 2031 (%)
16. GLOBAL PIEZORESISTIVE PRESSURE SENSORSMARKET SHARE BY REGION, 2023 VS 2031 (%)
17. US PIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
18. CANADA PIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
19. UK PIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
20. FRANCE PIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
21. GERMANY PIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
22. ITALY PIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
23. SPAIN PIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
24. REST OF EUROPE PIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
25. INDIA PIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
26. CHINA PIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
27. JAPAN PIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
28. SOUTH KOREA PIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
29. REST OF ASIA-PACIFIC PIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
30. LATIN AMERICAPIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
31. MIDDLE EAST AND AFRICAPIEZORESISTIVE PRESSURE SENSORSMARKET SIZE, 2023-2031 ($ MILLION)
