Increasing Adoption of Advance Pressure Sensor Globally Contribute Market Growth

Published: May 2024

Global pressure sensor market is anticipated to grow at a significant CAGR of 13.9% during the forecast period (2024-2031).The market growth is attributed to the increasingusage of pressure sensors in off-road projects, medical breathing devices, alarm systems, water purifiers, and refrigeration systemsglobally driving the growth market. Several types of pressure sensors can be built using MEMS techniques, such as MEMS capacitive pressure sensors, MEMS piezoresistive strain gauge sensors, and others including surface acoustic wave (SAW) sensors. The small size, low power consumption, and long-term stability of MEMS devices also make them well-suited to markets such as automotive, consumer electronics, medical devices, industrial automation, and aerospace where long life and reliability are important. They are used in various applications including cabin pressure monitoring, engine control, and instruments such as altimeters and barometers.For instance, in May 2023, STMicroelectronics introduced the first MEMS water/liquid-proof absolute pressure sensor for the industrial market. The ST's ILPS28QSW sensor is a sealed, surface-mountable device with IP58 ingress protection, IP58 ingress rating, and Qvar electrostatic-charge sensing for liquid leakage detection.

Browse the full report description of “Pressure Sensor Market Size, Share & Trends Analysis Report byProduct Type (MEMS Pressure Sensor, Pressure Transducer/Transmitter and Other), and by Application Type (Consumer Electronics, Automotive, Medical, Industrial, Energy and Utilities, Aerospace and defense and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/pressure-sensor-market

Additionally, the miniaturization provided by MEMS devices has enabled its use in more invasive applications such as catheter tip sensors and implantable devices monitoring properties such as blood pressure and heart rate. Some of the players manufacturing MEMS pressure sensors include NovaSensor, Merit Sensor, Micro Sensor Co., Ltd., Bosch Sensortec GmbH, and others. For instance, in January 2024, Melexis introduced its first MEMS pressure sensor, the Triphibian, which can measure gas and liquid media from 2 to 70 bar in a 16-pin SO16 package. This unique technology allows accurate measurements above 5 bar and in contact with liquid, making it a first for MEMS pressure sensors.

Market Coverage

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Product Type

o By Application 

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Honeywell International, Inc., NXP Semiconductors N.V., Schneider Electric SE, STMicroelectronics N.V., and TE Connectivity Corp.among others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Pressure Sensor Market Report Segment

By Product Type

  • MEMS Pressure Sensor
  • Pressure Transducer/Transmitter 
  • Other (Piezoelectric Pressure Sensors, Optical Pressure Sensors, Resonant Pressure Sensors, Electromagnetic Pressure Sensors and Capacitive Pressure Sensors)

By Application 

  • Consumer Electronics
  • Automotive
  • Medical
  • Industrial
  • Energy and Utilities
  • Aerospace and defense 
  • Others (Marine, Waste Water Treatment and Management, Infrastructure (Smart City) and Mining)

Global Pressure Sensor Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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