Product Code: 978-1-68038-246-4
Pressure Sensor Market Size Worth $26.44 Billion By 2030:
The global pressure sensor market is expected to reach USD 26.44 billion by 2030, registering a compound annual growth rate (CAGR) of 4.4% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market growth can be attributed to the increasing demand for pressure sensors in the automotive sector, such as the measurement of oil pressure in power steering, intake manifold pressure, and fuel pressure measurements in tanks. Moreover, the growing application of pressure sensors in various end-use industries such as aviation and consumer electronic applications bodes well for the growth of the market during the forecast period.
Furthermore, several companies are also focusing on launching new products that are further expected to offer lucrative growth opportunities for the market players during the forecast period. For instance, in September 2020, Sensata Technologies, an industrial technology company that provides sensors, launched the new PTE7300 and PTE7100 hermetic pressure sensors suitable for industrial applications with a high and mid pressure range that provide high shock and vibration performance and high burst strength, which makes them robust and reliable solutions for the customer in challenging measurement environments.
The rising adoption of the Internet of Things (IoT) is another major factor that is contributing to the growth of the market. Pressure sensors are transforming the development of smart cities, smart homes and buildings, and smart factories. Hence, the increase in IoT-connected devices is further expected to fuel the growth of the market. However, the growing demand for miniaturized consumer devices, such as IoT-connected devices and wearables, is another significant factor driving the pressure sensor market.
The COVID-19 pandemic impacted the market growth due to the disruptions in supply chain activities. However, the advancements in Microelectromechanical systems (MEMS) technology and the rise in the demand from healthcare and automotive industries are further expected to impact the market positively. Moreover, stringent government regulations related to safety and an increase in demand for smartphones and other consumer durables are anticipated to contribute to the growth of the market during the forecast period.
Pressure Sensor Market Report Highlights:
- In terms of product, the absolute pressure sensor segment is expected to retain its dominance during the forecast period. The growing demand for absolute pressure sensors in applications that demand the provision of a low-pressure range for the measurement of the vacuum level in industries is expected to drive the segment growth
- In terms of type, the wired segment dominated the market in 2021 and is expected to witness a positive CAGR during the forecast period. The growing demand for wired pressure sensors in the industrial and automotive sectors is driving the segment growth
- In terms of technology, the piezoresistive segment dominated the market in 2021. The development of MEMS is anticipated to drive the piezoresistive pressure sensor segment growth during the forecast period
- In terms of application, the automotive segment dominated the market in 2021. Rapid growth in the usage of pressure sensors in the automotive industry, in equipment such as tire pressure measurement systems, exhaust gas recirculation systems, engine health management systems, and Pressure Monitoring Systems (TPMS), is expected to fuel the automotive segment growth
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Objective
- 1.2. Research Scope
- 1.2.1. Segment Market Scope
- 1.2.2. Regional Scope
- 1.2.3. Estimates & Forecast Timeline
- 1.3. Methodology
- 1.3.1. Model Details
- 1.3.2. List Of Data Sources
- 1.3.2.1. List Of Secondary Sources
- 1.3.2.2. List Of Primary Sources
Chapter 2. Executive Summary
- 2.1. Pressure Sensor Market - Market Definition
- 2.2. Pressure Sensor Market - Industry Snapshot And Key Buying Criteria, 2017 - 2030 (USD Million)
Chapter 3. Pressure Sensor Industry Outlook
- 3.1. Pressure Sensor Market - Value Chain Analysis
- 3.2. Business Segment Trends
- 3.2.1. Product Business Analysis
- 3.2.2. Type Business Analysis
- 3.2.3. Technology Business Analysis
- 3.2.4. Application Business Analysis
- 3.2.5. Regional Business Analysis
- 3.3. Pressure Sensor Market - Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.1.1. Advancements In Mems Technology And Its Rapid Adoption In Connected Devices
- 3.3.1.2. Stringent Government Regulations
- 3.3.1.3. Proliferation Of Pressure Sensors In The Automotive Industry
- 3.3.2. Market Restraint Analysis
- 3.3.2.1. High Installation Cost
- 3.4. Pressure Sensor Market - Business Environment Analysis
- 3.4.1. Pressure Sensor Market - Porter's Five Forces Analysis
- 3.4.2. Penetration & Growth Prospect Mapping
- 3.4.3. Pressure Sensor Market - Pestel Analysis
Chapter 4. Pressure Sensor Regulatory & Political Forces Outlook
- 4.1. Regulatory/Political Forces Landscape, By Region
- 4.1.1. North America
- 4.1.2. Europe
- 4.1.3. Asia Pacific
Chapter 5. Pressure Sensor Competitive & Vendor Outlook
- 5.1. Participant Categorization
- 5.1.1. Innovator
- 5.1.2. Market Leader
- 5.2. Strategic Initiatives & Outcome Analysis
- 5.2.1. List Of Key Strategies, By Company
- 5.3. List Of Key Companies
Chapter 6. Pressure Sensor Product Estimates & Trend Analysis
- 6.1. Absolute Pressure Sensors
- 6.1.1. Global Absolute Pressure Sensors Market Size By Region 2017 - 2030 (USD Million)
- 6.2. Differential Pressure Sensors
- 6.2.1. Global Differential Pressure Sensors Market Size By Region 2017 - 2030 (USD Million)
- 6.3. Gauge Pressure Sensors
- 6.3.1. Global Gauge Pressure Sensors Market Size By Region 2017 - 2030 (USD Million)
Chapter 7. Pressure Sensor Type Estimates & Trend Analysis
- 7.1. Wired Pressure Sensors
- 7.1.1. Global Wired Pressure Sensors Market Size By Region 2017 - 2030 (USD Million)
- 7.2. Wireless Pressure Sensors
- 7.2.1. Global Wireless Pressure Sensors Market Size By Region 2017 - 2030 (USD Million)
Chapter 8. Pressure Sensor Technology Estimates & Trend Analysis
- 8.1. Piezoresistive Pressure Sensors
- 8.1.1. Global Piezoresistive Pressure Sensors Market Size By Region 2017 - 2030 (USD Million)
- 8.2. Electromagnetic Pressure Sensors
- 8.2.1. Global Electromagnetic Pressure Sensors Market Size By Region 2017 - 2030 (USD Million)
- 8.3. Capacitive Pressure Sensors
- 8.3.1. Global Capacitive Pressure Sensors Market Size By Region 2017 - 2030 (USD Million)
- 8.4. Resonant Solid-State Pressure Sensors
- 8.4.1. Global Resonant Solid-State Pressure Sensors Market Size By Region 2017 - 2030 (USD Million)
- 8.5. Optical Pressure Sensors
- 8.5.1. Global Optical Pressure Sensors Market Size By Region 2017 - 2030 (USD Million)
- 8.6. Other Pressure Sensors
- 8.6.1. Global Other Pressure Sensors Market Size By Region 2017 - 2030 (USD Million)
Chapter 9. Pressure Sensor Application Estimates & Trend Analysis
- 9.1. Pressure Sensors In Automotive
- 9.1.1. Global Pressure Sensors Market Size In The Automotive Industry By Region 2017 - 2030 (USD Million)
- 9.2. Pressure Sensors In Oil & Gas
- 9.2.1. Global Pressure Sensors Market Size In Oil & Gas Industry By Region 2017 - 2030 (USD Million)
- 9.3. Pressure Sensors In Consumer Electronics
- 9.3.1. Global Pressure Sensors Market Size In The Consumer Electronics Industry By Region 2017 - 2030 (USD Million)
- 9.4. Pressure Sensors In Medical
- 9.4.1. Global Pressure Sensors Market Size In The Medical Industry By Region 2017 - 2030 (USD Million)
- 9.5. Pressure Sensors In Industrial Sector
- 9.5.1. Global Pressure Sensors Market Size In The Industrial Sector By Region 2017 - 2030 (USD Million)
- 9.6. Pressure Sensors In Other Industries
- 9.6.1. Global Pressure Sensors Market Size In Other Industries By Region 2017 - 2030 (USD Million)
Chapter 10. Pressure Sensor Regional Estimates & Trend Analysis
- 10.1. Pressure Sensors Regional Marketplace - Key Takeaways
- 10.2. North America
- 10.2.1. North America Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.2.2. North America Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.2.3. North America Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.2.4. North America Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.2.5. North America Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.2.6. U.S.
- 10.2.6.1. U.S. Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.2.6.2. U.S. Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.2.6.3. U.S. Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.2.6.4. U.S. Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.2.6.5. U.S. Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.2.7. Canada
- 10.2.7.1. Canada Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.2.7.2. Canada Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.2.7.3. Canada Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.2.7.4. Canada Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.2.7.5. Canada Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.2.8. Mexico
- 10.2.8.1. Mexico Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.2.8.2. Mexico Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.2.8.3. Mexico Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.2.8.4. Mexico Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.2.8.5. Mexico Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.3. Europe
- 10.3.1. Europe Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.3.2. Europe Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.3.3. Europe Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.3.4. Europe Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.3.5. Europe Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.3.6. U.K.
- 10.3.6.1. U.K. Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.3.6.2. U.K. Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.3.6.3. U.K. Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.3.6.4. U.K. Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.3.6.5. U.K. Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.3.7. Germany
- 10.3.7.1. Germany Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.3.7.2. Germany Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.3.7.3. Germany Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.3.7.4. Germany Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.3.7.5. Germany Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.3.8. France
- 10.3.8.1. France Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.3.8.2. France Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.3.8.3. France Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.3.8.4. France Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.3.8.5 France Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.3.9. Russia
- 10.3.9.1. Russia Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.3.9.2. Russia Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.3.9.3. Russia Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.3.9.4. Russia Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.3.9.5. Russia Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.3.10. Nordic Region
- 10.3.10.1. Nordic Region Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.3.10.2. Nordic Region Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.3.10.3. Nordic Region Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.3.10.4. Nordic Region Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.3.10.5. Nordic Region Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.4. Asia Pacific
- 10.4.1. Asia Pacific Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.4.2. Asia Pacific Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.4.3. Asia Pacific Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.4.4. Asia Pacific Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.4.5. Asia Pacific Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.4.6. China
- 10.4.6.1. China Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.4.6.2. China Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.4.6.3. China Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.4.6.4. China Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.4.6.5. China Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.4.7. Japan
- 10.4.7.1. Japan Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.4.7.2. Japan Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.4.7.3. Japan Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.4.7.4. Japan Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.4.7.5. Japan Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.4.8. India
- 10.4.8.1. India Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.4.8.2. India Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.4.8.3 India Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.4.8.4. India Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.4.8.5. India Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.4.9. Australia
- 10.4.9.1. Australia Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.4.9.2. Australia Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.4.9.3. Australia Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.4.9.4. Australia Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.4.9.5. Australia Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.5. Latin America
- 10.5.1. Latin America Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.5.2. Latin America Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.5.3. Latin America Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.5.4. Latin America Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.5.5. Latin America Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.5.6. Brazil
- 10.5.6.1. Brazil Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.5.6.2. Brazil Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.5.6.3. Brazil Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.5.6.4. Brazil Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.5.6.5. Brazil Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.5.7. Argentina
- 10.5.7.1. Argentina Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.5.7.2. Argentina Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.5.7.3 Argentina Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.5.7.4 Argentina Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.5.7.5. Argentina Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.6. MEA
- 10.6.1. Mea Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.6.2 Mea Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.6.3. Mea Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.6.4. Mea Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.6.5. Mea Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.6.6. Uae
- 10.6.6.1. Uae Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.6.6.2. Uae Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.6.6.3. Uae Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.6.6.4. Uae Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.6.6.5. Uae Pressure Sensor Market By Application 2017 - 2030 (USD Million)
- 10.6.7. Saudi Arabia
- 10.6.7.1. Saudi Arabia Pressure Sensor Market 2017 - 2030 (USD Million)
- 10.6.7.2. Saudi Arabia Pressure Sensor Market By Product 2017 - 2030 (USD Million)
- 10.6.7.3. Saudi Arabia Pressure Sensor Market By Type 2017 - 2030 (USD Million)
- 10.6.7.4. Saudi Arabia Pressure Sensor Market By Technology 2017 - 2030 (USD Million)
- 10.6.7.5 Saudi Arabia Pressure Sensor Market By Application 2017 - 2030 (USD Million)
Chapter 11. Company Profile
- 11.1. Abb Ltd.
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Strategic Initiatives
- 11.2. Acuity Incorporated
- 11.2.1. Company Overview
- 11.2.2. Product Benchmarking
- 11.3. Analog Devices, Inc.
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Strategic Initiatives
- 11.4. Automationdirect
- 11.4.1. Company Overview
- 11.4.2. Product Benchmarking
- 11.5. Continental Ag
- 11.5.1. Company Overview
- 11.5.2. Product Benchmarking
- 11.5.3. Strategic Initiatives
- 11.6. Delphi Automotive Plc
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Strategic Initiatives
- 11.7. Emerson Electric Company
- 11.7.1 Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Strategic Initiatives
- 11.8. Festo Ag & Co. Kg.
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Strategic Initiatives
- 11.9. General Electric
- 11.9.1. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Strategic Initiatives
- 11.10. Nxp Semiconductors N.V.
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Strategic Initiatives
- 11.11. Omron Corporation
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Strategic Initiatives
- 11.12. Rockwell Automation
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Benchmarking
- 11.12.4. Strategic Initiatives
- 11.13. Robert Bosch Gmbh
- 11.13.1. Company Overview
- 11.13.2. Financial Performance
- 11.13.3. Product Benchmarking
- 11.13.4. Strategic Initiatives
- 11.14. Schneider Electric Se
- 11.14.1. Company Overview
- 11.14.2. Financial Performance
- 11.14.3. Product Benchmarking
- 11.14.4. Strategic Initiatives
- 11.15. Siemens Ag
- 11.15.1. Company Overview
- 11.15.2. Financial Performance
- 11.15.3. Product Benchmarking
- 11.15.4. Strategic Initiatives
- 11.16. List Of Prominent Market Players