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 increasing integration of pressure sensors in various applications such as 3D printing, air quality testing, automated testing systems, chemical monitoring, leak testing, nuclear power monitoring, pneumatic system monitoring, and water quality testing.Additionally, the increasing demand for differential pressure sensors in industrial applications suitable for differential pressure sensor measurement of oil tanks, water tanks, and pipelines in industries like petroleum fields, chemical plants, and others drives the growth of the pressure sensor market.
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Pressure sensors based on Microelectromechanical Systems (MEMS) have been in widespread use for many years.Also, new trends in pressure sensors have emerged, including improved multifunctionality, sensitivity, accuracy, and smaller chip and package sizes. Advancements in sensor materials, design, fabrication, and packaging techniques have been common in recent decades, driven by the need for performance improvement.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Pressure Sensor Market 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)
Global Pressure Sensor Market 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)
Regional Analysis
- 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
Company Profiles
- Alps Alpine Co., Ltd.
- Amphenol Advanced Sensors
- Amphenol All Sensors Corp.
- Emerson Electric Co.
- Endress+Hauser Infoserve GmbH+Co. KG
- Infineon Technologies AG
- KELLER Druckmesstechnik AG
- Kistler Group
- Marquardt Management SE
- MICRO SENSOR CO., LTD
- Nidec Corp.
- OMRON Corp.
- Rockwell Automation, Inc.
- Seed Technology Co., Ltd.
- Sensata Technologies, Inc.
- Sensirion AG
- Siemens AG
- TDK Corp.
- Top Sensor Technology Co.,Ltd
- TT Electronics
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 pressure sensor 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.
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