Pressure Sensor Market by Connectivity (Wired, Wireless), Sensing Method (Piezoresistive, Capacitive, Resonant Solid-State, Electromagnetic, Optical), Sensor Type (Absolute, Gauge, Differential, Sealed, Vacuum), Pressure Range - Global Forecast to 2029
The global pressure sensor market is expected to be valued at USD 12.4 billion in 2024 and is projected to reach USD 17.0 billion by 2029; it is expected to grow at a CAGR of 6.5% from 2024 to 2029. Pressure sensors play a crucial role in automotive applications including engine management systems, tire pressure monitoring, brake systems, and emission control. These sensors enable real-time monitoring and control of critical parameters, contributing to improved fuel economy, reduced emissions, and enhanced safety features in modern vehicles. With automakers increasingly integrating sensors into vehicles for various functionalities, the automotive industry continues to drive innovation and growth in the global pressure sensor market.
“Capacitive sensing method to hold the second largest share in the pressure sensor market”
Capacitive pressure sensors hold the second largest share in the pressure sensor market due to their high sensitivity, accuracy, and versatility across various applications. Capacitive sensing technology utilizes changes in capacitance to measure pressure, offering excellent performance characteristics such as low hysteresis, fast response times, and resistance to electromagnetic interference. These sensors are capable of measuring both absolute and differential pressures with high precision, making them suitable for diverse industries including automotive, aerospace, healthcare, and consumer electronics. Capacitive pressure sensors are also known for their ability to operate in harsh environments, thanks to their solid-state design and robust construction. As industries continue to demand more sophisticated pressure sensing solutions, capacitive sensors are expected to maintain a strong presence and drive significant growth in the global pressure sensor market.
“Wireless sensor connectivity segment to exhibit highest CAGR in pressure sensor market.”
Wireless pressure sensors are anticipated to exhibit the CAGR in the pressure sensor market due to their increasing adoption across various industries. Wireless sensors offer significant advantages over traditional wired counterparts, including greater flexibility, scalability, and ease of installation. With the proliferation of Internet of Things (IoT) technologies, there is a growing demand for wireless pressure sensors to enable remote monitoring and data transmission in real-time. These sensors eliminate the need for cumbersome wiring, making them ideal for applications where mobility and accessibility are essential, such as in industrial automation, smart buildings, and healthcare monitoring systems. Additionally, advancements in wireless communication protocols and battery technology have improved the reliability and longevity of wireless sensors, further driving their adoption. As industries seek more efficient and cost-effective solutions for pressure sensing, wireless sensors are poised to experience rapid growth and capture a significant market share in the coming years.
“Up to 100 psi pressure range segment to dominate the pressure sensor market”
The pressure sensor market sees the largest share attributed to pressure sensors with a range of up to 100 psi, primarily due to their versatility and widespread applicability across various industries. Sensors in this pressure range are commonly used in applications where moderate pressure measurements are sufficient, such as in HVAC systems, pneumatic controls, consumer electronics, and small-scale industrial processes. These sensors are cost-effective to manufacture and offer sufficient accuracy and sensitivity for many typical applications. Additionally, the compact size and lower power consumption of sensors in the up to 100 psi range make them ideal for integration into portable devices and IoT applications. As industries increasingly adopt pressure sensors for monitoring and control purposes, the demand for sensors in this pressure range remains high, solidifying their position as the largest segment in the pressure sensor market.
“Consumer devices end use segment to hold the second largest share in the pressure sensor market”
Consumer devices hold the second largest share in the pressure sensor market primarily due to the pervasive integration of sensors in a wide range of consumer electronics and gadgets. Pressure sensors play a critical role in enhancing the functionality and user experience of devices such as smartphones, wearables, fitness trackers, and smart home appliances. These sensors enable features like touch sensitivity, altitude measurement, and air pressure monitoring in smartphones and smartwatches. In fitness devices, pressure sensors are utilized for tracking elevation changes and optimizing workout performance. Additionally, pressure sensors are increasingly integrated into household appliances like washing machines and air conditioners to improve efficiency and optimize performance. The growing trend towards IoT-enabled consumer devices and the demand for more sophisticated functionalities drive the adoption of pressure sensors in consumer electronics, positioning this segment as a significant contributor to the pressure sensor market.
“Asia Pacific region holds the largest share in pressure sensor market.”
Asia Pacific is experiencing rapid industrialization and economic development, particularly in countries such as China, India, Japan, and South Korea, leading to increased demand for pressure sensors across various industries including automotive, manufacturing, healthcare, and consumer electronics. Furthermore, the presence of major electronics manufacturers and suppliers in countries like China and Japan contributes to the growth of the pressure sensor market in the region. The government initiatives promoting industrial automation, smart manufacturing, and infrastructure development further fuel the demand for pressure sensors in sectors like utilities, transportation, and construction. With these combined factors fostering technological advancements and market expansion, Asia Pacific emerges as a dominant force in the global pressure sensor market.
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
Research Coverage:
The research reports the Asset Integrity Management Market, By Connectivity (Wired Sensors and Wireless Sensors), By Sensing Method (Piezoresistive, Capacitive, Resonant Solid-state, Electromagnetic, Optical, and Other Sensing Methods), Sensor Type (Absolute Pressure Sensors, Gauge Pressure Sensors, Differential Pressure Sensors, Sealed Pressure Sensors, and Vacuum Pressure Sensors), Pressure Range (Up to 100 psi, 101 to 1,000 psi, and Above 1,000 psi), End Use (Automotive, Medical, Manufacturing, Utilities, Aviation, Oil & Gas, Marine, Consumer Devices, and Other End Uses) and Region (North America, Europe, Asia Pacific, and Rest of the world (RoW)). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the pressure sensor market. A thorough analysis of the key industry players has been done to provide insights into their business overviews, products, key strategies, Contracts, partnerships, and agreements. New product & service launches, mergers and acquisitions, and recent pressure sensor market developments. This report covers a competitive analysis of upcoming startups in the pressure sensor market ecosystem.
Key Benefits of Buying the Report
Analysis of key drivers (Booming automotive sector, Development of technologically advanced and affordable sensors, Significant demand for Industry 4.0, Increasing demand for pressure sensors in medical device industry), restraints (Need for pressure sensor manufacturers to adhere to stringent standards, regulations, and certifications), opportunities (Rising demand for advanced pressure sensors in consumer electronics industry, Integration of pressure sensors into IoT-enabled predictive maintenance programs, Rapid advancements in AI and ML technologies), and challenges (Shrinking profit margins of manufacturers with declining prices, increasing competition and commoditization of technology) influencing the growth of the pressure sensor market.
“Capacitive sensing method to hold the second largest share in the pressure sensor market”
Capacitive pressure sensors hold the second largest share in the pressure sensor market due to their high sensitivity, accuracy, and versatility across various applications. Capacitive sensing technology utilizes changes in capacitance to measure pressure, offering excellent performance characteristics such as low hysteresis, fast response times, and resistance to electromagnetic interference. These sensors are capable of measuring both absolute and differential pressures with high precision, making them suitable for diverse industries including automotive, aerospace, healthcare, and consumer electronics. Capacitive pressure sensors are also known for their ability to operate in harsh environments, thanks to their solid-state design and robust construction. As industries continue to demand more sophisticated pressure sensing solutions, capacitive sensors are expected to maintain a strong presence and drive significant growth in the global pressure sensor market.
“Wireless sensor connectivity segment to exhibit highest CAGR in pressure sensor market.”
Wireless pressure sensors are anticipated to exhibit the CAGR in the pressure sensor market due to their increasing adoption across various industries. Wireless sensors offer significant advantages over traditional wired counterparts, including greater flexibility, scalability, and ease of installation. With the proliferation of Internet of Things (IoT) technologies, there is a growing demand for wireless pressure sensors to enable remote monitoring and data transmission in real-time. These sensors eliminate the need for cumbersome wiring, making them ideal for applications where mobility and accessibility are essential, such as in industrial automation, smart buildings, and healthcare monitoring systems. Additionally, advancements in wireless communication protocols and battery technology have improved the reliability and longevity of wireless sensors, further driving their adoption. As industries seek more efficient and cost-effective solutions for pressure sensing, wireless sensors are poised to experience rapid growth and capture a significant market share in the coming years.
“Up to 100 psi pressure range segment to dominate the pressure sensor market”
The pressure sensor market sees the largest share attributed to pressure sensors with a range of up to 100 psi, primarily due to their versatility and widespread applicability across various industries. Sensors in this pressure range are commonly used in applications where moderate pressure measurements are sufficient, such as in HVAC systems, pneumatic controls, consumer electronics, and small-scale industrial processes. These sensors are cost-effective to manufacture and offer sufficient accuracy and sensitivity for many typical applications. Additionally, the compact size and lower power consumption of sensors in the up to 100 psi range make them ideal for integration into portable devices and IoT applications. As industries increasingly adopt pressure sensors for monitoring and control purposes, the demand for sensors in this pressure range remains high, solidifying their position as the largest segment in the pressure sensor market.
“Consumer devices end use segment to hold the second largest share in the pressure sensor market”
Consumer devices hold the second largest share in the pressure sensor market primarily due to the pervasive integration of sensors in a wide range of consumer electronics and gadgets. Pressure sensors play a critical role in enhancing the functionality and user experience of devices such as smartphones, wearables, fitness trackers, and smart home appliances. These sensors enable features like touch sensitivity, altitude measurement, and air pressure monitoring in smartphones and smartwatches. In fitness devices, pressure sensors are utilized for tracking elevation changes and optimizing workout performance. Additionally, pressure sensors are increasingly integrated into household appliances like washing machines and air conditioners to improve efficiency and optimize performance. The growing trend towards IoT-enabled consumer devices and the demand for more sophisticated functionalities drive the adoption of pressure sensors in consumer electronics, positioning this segment as a significant contributor to the pressure sensor market.
“Asia Pacific region holds the largest share in pressure sensor market.”
Asia Pacific is experiencing rapid industrialization and economic development, particularly in countries such as China, India, Japan, and South Korea, leading to increased demand for pressure sensors across various industries including automotive, manufacturing, healthcare, and consumer electronics. Furthermore, the presence of major electronics manufacturers and suppliers in countries like China and Japan contributes to the growth of the pressure sensor market in the region. The government initiatives promoting industrial automation, smart manufacturing, and infrastructure development further fuel the demand for pressure sensors in sectors like utilities, transportation, and construction. With these combined factors fostering technological advancements and market expansion, Asia Pacific emerges as a dominant force in the global pressure sensor market.
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type: Tier 1 – 26%, Tier 2 – 32%, and Tier 3 – 42%
- By Designation: C-level Executives – 40%, Directors – 30%, and Others – 30%
- By Region: North America – 35%, Europe – 30%, Asia Pacific – 25%, and RoW – 10%
Research Coverage:
The research reports the Asset Integrity Management Market, By Connectivity (Wired Sensors and Wireless Sensors), By Sensing Method (Piezoresistive, Capacitive, Resonant Solid-state, Electromagnetic, Optical, and Other Sensing Methods), Sensor Type (Absolute Pressure Sensors, Gauge Pressure Sensors, Differential Pressure Sensors, Sealed Pressure Sensors, and Vacuum Pressure Sensors), Pressure Range (Up to 100 psi, 101 to 1,000 psi, and Above 1,000 psi), End Use (Automotive, Medical, Manufacturing, Utilities, Aviation, Oil & Gas, Marine, Consumer Devices, and Other End Uses) and Region (North America, Europe, Asia Pacific, and Rest of the world (RoW)). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the pressure sensor market. A thorough analysis of the key industry players has been done to provide insights into their business overviews, products, key strategies, Contracts, partnerships, and agreements. New product & service launches, mergers and acquisitions, and recent pressure sensor market developments. This report covers a competitive analysis of upcoming startups in the pressure sensor market ecosystem.
Key Benefits of Buying the Report
Analysis of key drivers (Booming automotive sector, Development of technologically advanced and affordable sensors, Significant demand for Industry 4.0, Increasing demand for pressure sensors in medical device industry), restraints (Need for pressure sensor manufacturers to adhere to stringent standards, regulations, and certifications), opportunities (Rising demand for advanced pressure sensors in consumer electronics industry, Integration of pressure sensors into IoT-enabled predictive maintenance programs, Rapid advancements in AI and ML technologies), and challenges (Shrinking profit margins of manufacturers with declining prices, increasing competition and commoditization of technology) influencing the growth of the pressure sensor market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the pressure sensor market
- Market Development: Comprehensive information about lucrative markets – the report analyses the pressure sensor market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the pressure sensor market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Honeywell International Inc. (US), ABB (Switzerland), Emerson Electric Co. (US), Amphenol Corporation (US), Sensata Technologies, Inc. (US), TE Connectivity (Switzerland), TT Electronics (UK), Rockwell Automation (US) among others in the pressure sensor market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.2 MARKETS COVERED
FIGURE 1 PRESSURE SENSOR MARKET SEGMENTATION
1.3.3 REGIONAL SCOPE
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 PRESSURE SENSOR MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 Major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Breakdown of primaries
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.2 MARKET SIZE ESTIMATION METHODOLOGY
FIGURE 3 PRESSURE SENSOR MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis
(demand side)
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis
(supply side)
FIGURE 5 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
FIGURE 6 PRESSURE SENSOR MARKET: SUPPLY-SIDE ANALYSIS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 8 RESEARCH ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
FIGURE 9 RESEARCH LIMITATIONS
2.6 RISK ASSESSMENT
TABLE 1 PRESSURE SENSOR MARKET: RISK ASSESSMENT
2.7 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON PRESSURE SENSOR MARKET
TABLE 2 PRESSURE SENSOR MARKET: PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT
3 EXECUTIVE SUMMARY
FIGURE 10 PIEZORESISTIVE SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029
FIGURE 11 WIRED SENSORS SEGMENT TO HOLD LARGER MARKET SHARE IN 2029
FIGURE 12 AUTOMOTIVE SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029
FIGURE 13 ASIA PACIFIC HELD LARGEST SHARE OF PRESSURE SENSOR MARKET IN 2023
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PRESSURE SENSOR MARKET
FIGURE 14 INCREASING DEMAND FOR ELECTRIC VEHICLES (EVS) AND AUTONOMOUS DRIVING SYSTEMS TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS
4.2 PRESSURE SENSOR MARKET IN ASIA PACIFIC, BY END USE AND COUNTRY
FIGURE 15 AUTOMOTIVE SEGMENT AND CHINA TO HOLD LARGEST SHARES OF ASIA PACIFIC PRESSURE SENSOR MARKET IN 2024
4.3 PRESSURE SENSOR MARKET, BY END USE
FIGURE 16 AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029
4.4 PRESSURE SENSOR MARKET, BY COUNTRY
FIGURE 17 INDIA TO RECORD HIGHEST CAGR IN PRESSURE SENSOR MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 PRESSURE SENSOR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 19 PRESSURE SENSOR MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.1.1 Booming automotive sector
FIGURE 20 GLOBAL VEHICLE SALES, 2019–2023 (MILLION UNITS)
5.2.1.2 Development of technologically advanced and affordable pressure sensors
5.2.1.3 Increased trend of Industry 4.0
5.2.1.4 Rising demand for pressure sensors in medical device industry
5.2.2 RESTRAINTS
FIGURE 21 PRESSURE SENSOR MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.2.1 Need for pressure sensor manufacturers to adhere to stringent standards, regulations, and certifications
5.2.3 OPPORTUNITIES
FIGURE 22 PRESSURE SENSOR MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.3.1 Rising demand for advanced pressure sensors in consumer electronics industry
5.2.3.2 Adoption of pressure sensors in IoT-enabled predictive maintenance programs
5.2.3.3 Rapid advancements in AI and ML technologies
5.2.4 CHALLENGES
FIGURE 23 PRESSURE SENSOR MARKET: IMPACT ANALYSIS OF CHALLENGES
5.2.4.1 Shrinking profit margins of manufacturers with declining prices, increasing competition, and commoditization of technology
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 24 PRESSURE SENSOR MARKET: SUPPLY CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 25 KEY PLAYERS IN PRESSURE SENSOR ECOSYSTEM
TABLE 3 ROLES OF COMPANIES IN PRESSURE SENSOR ECOSYSTEM
5.5 INVESTMENT AND FUNDING SCENARIO
FIGURE 26 INVESTMENT AND FUNDING SCENARIO, 2020–2023 (USD BILLION)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.7 PRICING ANALYSIS
5.7.1 AVERAGE SELLING PRICE (ASP) TREND OF KEY PLAYERS
FIGURE 28 AVERAGE SELLING PRICE (ASP) TREND OF ABSOLUTE PRESSURE SENSORS PROVIDED BY KEY PLAYERS, 2023 (USD/UNIT)
TABLE 4 AVERAGE SELLING PRICE (ASP) TREND OF ABSOLUTE PRESSURE SENSORS PROVIDED BY KEY PLAYERS, 2023 (USD/UNIT)
5.7.2 AVERAGE SELLING PRICE (ASP) TREND, BY END USE
FIGURE 29 AVERAGE SELLING PRICE (ASP) TREND OF PRESSURE SENSORS, BY END USE, 2019–2023 (USD/UNIT)
5.7.3 AVERAGE SELLING PRICE (ASP) TREND, BY REGION
FIGURE 30 AVERAGE SELLING PRICE (ASP) TREND OF PRESSURE SENSORS, BY REGION, 2019–2023 (USD/UNIT)
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 MEMS technology
5.8.1.2 Piezoresistive technology
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 Wireless communication protocols
5.8.2.2 Advanced material innovations
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Internet of Things (IoT) integration
5.8.3.2 Sensor fusion
5.9 PORTER’S FIVE FORCES ANALYSIS
TABLE 5 PRESSURE SENSOR MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 31 PORTER’S FIVE FORCES ANALYSIS
5.9.1 INTENSITY OF COMPETITIVE RIVALRY
5.9.2 BARGAINING POWER OF SUPPLIERS
5.9.3 BARGAINING POWER OF BUYERS
5.9.4 THREAT OF NEW ENTRANTS
5.9.5 THREAT OF SUBSTITUTES
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE
5.10.2 BUYING CRITERIA
FIGURE 33 KEY BUYING CRITERIA, BY END USE
TABLE 7 KEY BUYING CRITERIA, BY END USE
5.11 CASE STUDY ANALYSIS
5.11.1 ALTHEN SENSORS & CONTROLS’ MINIATURE PRESSURE SENSORS ENHANCED DUTCH DELFT HYPERLOOP PROJECT
5.11.2 SURREY SENSORS LTD (SSL) DEPLOYED HONEYWELL’S PRESSURE SENSORS TO ELEVATE PRECISION IN UAV AND AEROSPACE TESTING
5.11.3 MAJOR AGRICULTURAL MACHINERY COMPANY STARTED USING WIKA’S LEVEL SENSORS
5.11.4 PRESSURE TRANSDUCER MONITORING ENABLED EMPTEEZY TO ENSURE CONSISTENT WATER FLOW IN EMERGENCY TANK SHOWERS
5.11.5 MEDICAL DEVICE COMPANY ADOPTED PRESSURE SENSOR FOR CRITICAL CARE BLOOD PRESSURE MONITORING
5.12 TRADE ANALYSIS
5.12.1 IMPORT SCENARIO (HS CODE 902620)
FIGURE 34 IMPORT DATA FOR HS CODE 902620-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2019–2023 (USD MILLION)
5.12.2 EXPORT SCENARIO (HS CODE 902620)
FIGURE 35 EXPORT DATA FOR HS CODE 902620-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2019–2023 (USD MILLION)
5.13 TARIFF, STANDARD, AND REGULATORY LANDSCAPE
5.13.1 TARIFF ANALYSIS
TABLE 8 MFN TARIFF RELATED TO HS CODE 9026-COMPLIANT PRODUCTS EXPORTED BY MEXICO, 2022
TABLE 9 MFN TARIFF RELATED TO HS CODE 902620-COMPLIANT PRODUCTS EXPORTED BY CHINA, 2022
TABLE 10 MFN TARIFF RELATED TO HS CODE 902620-COMPLIANT PRODUCTS EXPORTED BY US, 2022
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.3 STANDARDS/REGULATIONS
TABLE 15 PRESSURE SENSOR MARKET: STANDARDS/REGULATIONS
5.14 PATENT ANALYSIS
FIGURE 36 PATENTS APPLIED AND GRANTED RELATED TO PRESSOR SENSORS, 2014–2023
TABLE 16 LIST OF PATENTS APPLIED AND GRANTED RELATED TO PRESSURE SENSORS, 2020–2023
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 17 PRESSURE SENSOR MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025
6 PRESSURE SENSORS FOR DIFFERENT MEDIA TYPES
6.1 INTRODUCTION
FIGURE 37 PRESSURE SENSORS FOR DIFFERENT MEDIA TYPES
6.2 AIR PRESSURE SENSORS
6.2.1 FUNCTIONS AND APPLICATIONS
6.2.2 DESIGN CONSIDERATIONS
6.2.3 KEY FEATURES
6.3 BAROMETRIC (ATMOSPHERIC) PRESSURE SENSORS
6.3.1 FUNCTIONS AND APPLICATIONS
6.3.2 DESIGN CONSIDERATIONS
6.3.3 KEY FEATURES
6.4 GAS PRESSURE SENSORS
6.4.1 FUNCTIONS AND APPLICATIONS
6.4.2 DESIGN CONSIDERATIONS
6.4.3 KEY FEATURES
6.5 GAS PRESSURE SENSORS
6.5.1 FUNCTIONS AND APPLICATIONS
6.5.2 DESIGN CONSIDERATIONS
6.5.3 KEY FEATURES
6.6 LIQUID PRESSURE SENSORS
6.6.1 FUNCTIONS AND APPLICATIONS
6.6.2 DESIGN CONSIDERATIONS
6.6.3 KEY FEATURES
6.7 PNEUMATIC AND HYDRAULIC PRESSURE SENSORS
6.7.1 FUNCTIONS AND APPLICATIONS
6.7.2 DESIGN CONSIDERATIONS
6.7.3 KEY FEATURES
6.8 PRESSURE SENSORS FOR CORROSIVE LIQUIDS AND GASES
6.8.1 FUNCTIONS AND APPLICATIONS
6.8.2 DESIGN CONSIDERATIONS
6.8.3 KEY FEATURES
7 TECHNOLOGIES RELATED TO PRESSURE SENSORS
7.1 INTRODUCTION
7.2 MICROFABRICATION TECHNOLOGIES
7.2.1 MICROELECTROMECHANICAL SYSTEMS (MEMS)
7.2.2 COMPLEMENTARY METAL-OXIDE-SEMICONDUCTOR (CMOS)
7.3 AI SENSOR TECHNOLOGIES
7.3.1 MACHINE LEARNING (ML)
7.3.2 NATURAL LANGUAGE PROCESSING (NLP)
7.3.3 CONTEXT-AWARE COMPUTING
7.3.4 COMPUTER VISION
8 PRESSURE SENSOR MARKET, BY CONNECTIVITY
8.1 INTRODUCTION
FIGURE 38 WIRED SENSORS SEGMENT TO DOMINATE PRESSURE SENSOR MARKET DURING FORECAST PERIOD
TABLE 18 PRESSURE SENSOR MARKET, BY CONNECTIVITY, 2020–2023 (USD BILLION)
TABLE 19 PRESSURE SENSOR MARKET, BY CONNECTIVITY, 2024–2029 (USD BILLION)
8.2 WIRED SENSORS
8.2.1 HIGH RELIABILITY AND ROBUSTNESS IN INDUSTRIAL APPLICATIONS TO DRIVE MARKET
8.3 WIRELESS SENSORS
8.3.1 EASE OF DEPLOYMENT IN HARD-TO-REACH OR DYNAMIC ENVIRONMENTS TO BOOST DEMAND
9 PRESSURE SENSOR MARKET, BY SENSING METHOD
9.1 INTRODUCTION
FIGURE 39 PIEZORESISTIVE SEGMENT TO LEAD PRESSURE SENSOR MARKET DURING FORECAST PERIOD
TABLE 20 PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD BILLION)
TABLE 21 PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD BILLION)
9.2 PIEZORESISTIVE
9.2.1 HIGH RELIABILITY OF PIEZORESISTIVE SENSORS TO BOOST ADOPTION
TABLE 22 PIEZORESISTIVE: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 23 PIEZORESISTIVE: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
9.3 CAPACITIVE
9.3.1 RISING USE OF CAPACITIVE SENSORS IN ENERGY-EFFICIENT AND SMART DEVICES TO FUEL MARKET GROWTH
TABLE 24 CAPACITIVE: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 25 CAPACITIVE: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
9.4 RESONANT SOLID-STATE
9.4.1 INCREASING DEMAND FOR RESONANT SOLID-STATE PRESSURE SENSORS IN OIL & GAS INDUSTRY FOR PRECISE PRESSURE MEASUREMENTS TO DRIVE MARKET
TABLE 26 RESONANT SOLID-STATE: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 27 RESONANT SOLID-STATE: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
9.5 ELECTROMAGNETIC
9.5.1 HIGH SUITABILITY OF ELECTROMAGNETIC PRESSURE SENSORS IN EXTREME CONDITIONS ACROSS MULTIPLE INDUSTRIES TO DRIVE MARKET
TABLE 28 ELECTROMAGNETIC: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 29 ELECTROMAGNETIC: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
9.6 OPTICAL
9.6.1 SUITABILITY OF OPTICAL PRESSURE SENSORS WITH MEDICAL DEVICES TO FUEL DEMAND
TABLE 30 OPTICAL: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 31 OPTICAL: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
9.7 OTHER SENSING METHODS
TABLE 32 OTHER SENSING METHODS: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 33 OTHER SENSING METHODS: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
10 PRESSURE SENSOR MARKET, BY SENSOR TYPE
10.1 INTRODUCTION
FIGURE 40 ABSOLUTE PRESSURE SENSORS SEGMENT TO LEAD PRESSURE SENSOR MARKET DURING FORECAST PERIOD
TABLE 34 PRESSURE SENSOR MARKET, BY SENSOR TYPE, 2020–2023 (USD BILLION)
TABLE 35 PRESSURE SENSOR MARKET, BY SENSOR TYPE, 2024–2029 (USD BILLION)
10.2 ABSOLUTE PRESSURE SENSORS
10.2.1 INCREASING DEMAND FOR ABSOLUTE PRESSURE SENSORS TO ACHIEVE PRECISE PRESSURE MEASUREMENT RELATIVE TO PERFECT VACUUM TO DRIVE MARKET
10.3 GAUGE PRESSURE SENSORS
10.3.1 GROWING USE OF GAUGE PRESSURE SENSORS IN INDUSTRIAL AUTOMATION AND PROCESS MONITORING APPLICATIONS TO DRIVE MARKET
10.4 DIFFERENTIAL PRESSURE SENSORS
10.4.1 INCREASING FOCUS OF VARIOUS INDUSTRY PLAYERS ON ENHANCING ENERGY EFFICIENCY AND ACHIEVING SUSTAINABILITY TO DRIVE DEMAND
10.5 SEALED PRESSURE SENSORS
10.5.1 RISING USE OF SEALED PRESSURE SENSORS IN EXTREME CONDITIONS TO FUEL MARKET GROWTH
10.6 VACUUM PRESSURE SENSORS
10.6.1 GROWING NEED FOR VACUUM MEASUREMENT IN CHEMICAL PROCESSING APPLICATIONS TO PROPEL DEMAND
11 PRESSURE SENSOR MARKET, BY PRESSURE RANGE
11.1 INTRODUCTION
FIGURE 41 UP TO 100 PSI SEGMENT TO DOMINATE PRESSURE SENSOR MARKET DURING FORECAST PERIOD
TABLE 36 PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD BILLION)
TABLE 37 PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD BILLION)
11.2 UP TO 100 PSI
11.2.1 INCREASING INTEGRATION OF UP TO 100 PSI PRESSURE SENSORS INTO PORTABLE AND WEARABLE DEVICES TO FUEL MARKET GROWTH
TABLE 38 UP TO 100 PSI: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 39 UP TO 100 PSI: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
11.3 101–1,000 PSI
11.3.1 RISING NEED FOR PRECISE PRESSURE CONTROL IN INDUSTRIAL PROCESSES TO DRIVE DEMAND
TABLE 40 101–1,000 PSI: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 41 101–1,000 PSI: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
11.4 ABOVE 1,000 PSI
11.4.1 INCREASING DEMAND IN OIL & GAS INDUSTRY AND MANUFACTURING SECTOR TO BOOST MARKET GROWTH
TABLE 42 ABOVE 1,000 PSI: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 43 ABOVE 1,000 PSI: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
12 PRESSURE SENSOR MARKET, BY END USE
12.1 INTRODUCTION
FIGURE 42 AUTOMOTIVE SEGMENT TO DOMINATE PRESSURE SENSOR MARKET DURING FORECAST PERIOD
TABLE 44 PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD BILLION)
TABLE 45 PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD BILLION)
TABLE 46 PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (MILLION UNITS)
TABLE 47 PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (MILLION UNITS)
12.2 AUTOMOTIVE
12.2.1 HIGH GROWTH OF AUTOMOTIVE INDUSTRY TO DRIVE DEMAND
12.2.1.1 Use cases of pressure sensors in automotive industry
TABLE 48 AUTOMOTIVE: USE CASES OF PRESSURE SENSORS
TABLE 49 AUTOMOTIVE: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 50 AUTOMOTIVE: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 51 AUTOMOTIVE: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 52 AUTOMOTIVE: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 53 AUTOMOTIVE: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 54 AUTOMOTIVE: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.3 MEDICAL
12.3.1 ADVANCEMENTS IN HEALTHCARE TECHNOLOGIES TO BOOST DEMAND
12.3.1.1 Use cases of pressure sensors in medical industry
TABLE 55 MEDICAL: USE CASES OF PRESSURE SENSORS
TABLE 56 MEDICAL: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 57 MEDICAL: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 58 MEDICAL: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 59 MEDICAL: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 60 MEDICAL: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 61 MEDICAL: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.4 MANUFACTURING
12.4.1 GROWING ADOPTION OF AUTOMATION TECHNOLOGIES AND ROBOTICS TO FUEL MARKET GROWTH
12.4.1.1 Use cases of pressure sensors in manufacturing sector
TABLE 62 MANUFACTURING: USE CASES OF PRESSURE SENSORS
TABLE 63 MANUFACTURING: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 64 MANUFACTURING: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 65 MANUFACTURING: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 66 MANUFACTURING: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 67 MANUFACTURING: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 68 MANUFACTURING: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.5 UTILITIES
12.5.1 MODERNIZATION OF POWER GENERATION PLANTS AND EXPANSION OF SMART GRID INFRASTRUCTURE TO DRIVE MARKET
12.5.1.1 Use cases of pressure sensors in utilities sector
TABLE 69 UTILITIES: USE CASES OF PRESSURE SENSORS
TABLE 70 UTILITIES: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 71 UTILITIES: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 72 UTILITIES: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 73 UTILITIES: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 74 UTILITIES: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 75 UTILITIES: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.6 AVIATION
12.6.1 RISING FOCUS ON ENHANCING AIRCRAFT EFFICIENCY, SAFETY, AND PASSENGER COMFORT TO FUEL ADOPTION
12.6.1.1 Use cases of pressure sensors in aviation industry
TABLE 76 AVIATION: USE CASES OF PRESSURE SENSORS
TABLE 77 AVIATION: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 78 AVIATION: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 79 AVIATION: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 80 AVIATION: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 81 AVIATION: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 82 AVIATION: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.7 OIL & GAS
12.7.1 HIGH SAFETY REQUIREMENTS DUE TO EXPOSURE TO DYNAMIC ENVIRONMENT TO DRIVE DEMAND
12.7.1.1 Use cases of pressure sensors in oil & gas industry
TABLE 83 OIL & GAS: USE CASES OF PRESSURE SENSORS
TABLE 84 OIL & GAS: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 85 OIL & GAS: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 86 OIL & GAS: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 87 OIL & GAS: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 88 OIL & GAS: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 89 OIL & GAS: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.8 MARINE
12.8.1 EXPANDING MARINE INDUSTRY TO DRIVE DEMAND
12.8.1.1 Use cases of pressure sensors in marine industry
TABLE 90 MARINE: USE CASES OF PRESSURE SENSORS
TABLE 91 MARINE: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 92 MARINE: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 93 MARINE: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 94 MARINE: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 95 MARINE: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 96 MARINE: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.9 CONSUMER DEVICES
12.9.1 INCREASED INTEGRATION OF PRESSURE SENSORS INTO CONSUMER DEVICES TO BOOST MARKET GROWTH
12.9.1.1 Use cases of pressure sensors in consumer devices industry
TABLE 97 CONSUMER DEVICES: USE CASES OF PRESSURE SENSORS
TABLE 98 CONSUMER DEVICES: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 99 CONSUMER DEVICES: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 100 CONSUMER DEVICES: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 101 CONSUMER DEVICES: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 102 CONSUMER DEVICES: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 103 CONSUMER DEVICES: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.10 OTHER END USES
TABLE 104 OTHER END USES: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 105 OTHER END USES: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 106 OTHER END USES: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 107 OTHER END USES: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 108 OTHER END USES: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 109 OTHER END USES: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
13 PRESSURE SENSOR MARKET, BY REGION
13.1 INTRODUCTION
FIGURE 43 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN PRESSURE SENSOR MARKET DURING FORECAST PERIOD
TABLE 110 PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 111 PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD BILLION)
13.2 NORTH AMERICA
FIGURE 44 NORTH AMERICA: PRESSURE SENSOR MARKET SNAPSHOT
TABLE 112 NORTH AMERICA: PRESSURE SENSOR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 113 NORTH AMERICA: PRESSURE SENSOR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
TABLE 114 NORTH AMERICA: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 115 NORTH AMERICA: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
13.2.1 US
13.2.1.1 High demand for pressure sensors in multiple industries to boost market growth
13.2.2 CANADA
13.2.2.1 Growing automotive industry to propel market
13.2.3 MEXICO
13.2.3.1 Expanding automotive and oil & gas industries to drive demand
13.2.4 IMPACT OF RECESSION ON PRESSURE SENSOR MARKET IN NORTH AMERICA
13.3 EUROPE
FIGURE 45 EUROPE: PRESSURE SENSOR MARKET SNAPSHOT
TABLE 116 EUROPE: PRESSURE SENSOR MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 117 EUROPE: PRESSURE SENSOR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 118 EUROPE: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 119 EUROPE: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.1 GERMANY
13.3.1.1 Booming automotive and food & beverages industries to drive market
13.3.2 UK
13.3.2.1 Growing power generation industry to fuel demand
13.3.3 FRANCE
13.3.3.1 Presence of major water & wastewater treatment companies to fuel demand
13.3.4 ITALY
13.3.4.1 High demand for pressure sensors in automotive and healthcare sectors to drive market
13.3.5 REST OF EUROPE
13.3.6 IMPACT OF RECESSION ON PRESSURE SENSOR MARKET IN EUROPE
13.4 ASIA PACIFIC
FIGURE 46 ASIA PACIFIC: PRESSURE SENSOR MARKET SNAPSHOT
TABLE 120 ASIA PACIFIC: PRESSURE SENSOR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 121 ASIA PACIFIC: PRESSURE SENSOR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
TABLE 122 ASIA PACIFIC: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 123 ASIA PACIFIC: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.1 CHINA
13.4.1.1 Infrastructure development and rapid industrialization to boost demand
13.4.2 JAPAN
13.4.2.1 Expanding process industries to drive demand
13.4.3 INDIA
13.4.3.1 Rapid industrialization and increasing demand for consumer goods to boost market growth
13.4.4 SOUTH KOREA
13.4.4.1 Booming consumer electronics industry to drive market
13.4.5 REST OF ASIA PACIFIC
13.4.6 IMPACT OF RECESSION ON PRESSURE SENSOR MARKET IN ASIA PACIFIC
13.5 ROW
TABLE 124 ROW: PRESSURE SENSOR MARKET, BY REGION/COUNTRY, 2020–2023 (USD BILLION)
TABLE 125 ROW: PRESSURE SENSOR MARKET, BY REGION/COUNTRY, 2024–2029 (USD BILLION)
TABLE 126 ROW: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 127 ROW: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
13.5.1 MIDDLE EAST
TABLE 128 MIDDLE EAST: PRESSURE SENSOR MARKET, BY REGION/COUNTRY, 2020–2023 (USD MILLION)
TABLE 129 MIDDLE EAST: PRESSURE SENSOR MARKET, BY REGION/COUNTRY, 2024–2029 (USD MILLION)
13.5.1.1 GCC
13.5.1.1.1 High growth of oil & gas industry to drive demand
13.5.1.2 Rest of Middle East
13.5.2 AFRICA
13.5.2.1 Rising demand for pressure sensors to monitor and control critical processes to drive market
13.5.3 SOUTH AMERICA
13.5.3.1 Substantial growth in automobile production to fuel demand
13.5.4 IMPACT OF RECESSION OF PRESSURE SENSOR MARKET IN ROW
14 COMPETITIVE LANDSCAPE
14.1 OVERVIEW
14.2 KEY STRENGTHS/RIGHT TO WIN, 2020–2024
TABLE 130 PRESSURE SENSOR MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
14.3 MARKET SHARE ANALYSIS, 2023
FIGURE 47 PRESSURE SENSOR MARKET SHARE ANALYSIS, 2023
TABLE 131 PRESSURE SENSOR MARKET: DEGREE OF COMPETITION, 2023
14.4 REVENUE ANALYSIS, 2019–2023
FIGURE 48 PRESSURE SENSOR MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023
14.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
FIGURE 49 COMPANY VALUATION, 2024 (USD MILLION)
FIGURE 50 FINANCIAL METRICS (EV/EBITDA), 2024
14.6 PRODUCT/BRAND COMPARISON
FIGURE 51 PRODUCT/BRAND COMPARISON
14.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
14.7.1 STARS
14.7.2 EMERGING LEADERS
14.7.3 PERVASIVE PLAYERS
14.7.4 PARTICIPANTS
FIGURE 52 PRESSURE SENSOR MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
14.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
14.7.5.1 Company footprint
FIGURE 53 PRESSURE SENSOR MARKET: COMPANY FOOTPRINT
14.7.5.2 Connectivity footprint
TABLE 132 PRESSURE SENSOR MARKET: CONNECTIVITY FOOTPRINT
14.7.5.3 Sensing method footprint
TABLE 133 PRESSURE SENSOR MARKET: SENSING METHOD FOOTPRINT
14.7.5.4 Sensor type footprint
TABLE 134 PRESSURE SENSOR MARKET: SENSOR TYPE FOOTPRINT
14.7.5.5 Pressure range footprint
TABLE 135 PRESSURE SENSOR MARKET: PRESSURE RANGE FOOTPRINT
14.7.5.6 End use footprint
TABLE 136 PRESSURE SENSOR MARKET: END USE FOOTPRINT
14.7.5.7 Region footprint
TABLE 137 PRESSURE SENSOR MARKET: REGION FOOTPRINT
14.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
14.8.1 PROGRESSIVE COMPANIES
14.8.2 RESPONSIVE COMPANIES
14.8.3 DYNAMIC COMPANIES
14.8.4 STARTING BLOCKS
FIGURE 54 PRESSURE SENSOR MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
14.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
14.8.5.1 List of startups/SMEs
TABLE 138 PRESSURE SENSOR MARKET: DETAILED LIST OF STARTUPS/SMES
14.8.5.2 Competitive benchmarking of startups/SMEs
TABLE 139 PRESSURE SENSOR MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
14.9 COMPETITIVE SCENARIOS AND TRENDS
14.9.1 PRODUCT LAUNCHES
TABLE 140 PRESSURE SENSOR MARKET: PRODUCT LAUNCHES, JANUARY 2020–MARCH 2024
14.9.2 DEALS
TABLE 141 PRESSURE SENSOR MARKET: DEALS, JANUARY 2020–MARCH 2024
14.9.3 EXPANSIONS
TABLE 142 PRESSURE SENSOR MARKET: EXPANSIONS, JANUARY 2020–MARCH 2024
14.9.4 OTHERS
TABLE 143 PRESSURE SENSOR MARKET: OTHERS, JANUARY 2020–MARCH 2024
15 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
15.1 KEY PLAYERS
15.1.1 HONEYWELL INTERNATIONAL INC.
TABLE 144 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 55 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 145 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 146 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
TABLE 147 HONEYWELL INTERNATIONAL INC.: DEALS
15.1.2 ABB
TABLE 148 ABB: COMPANY OVERVIEW
FIGURE 56 ABB: COMPANY SNAPSHOT
TABLE 149 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 150 ABB: DEALS
TABLE 151 ABB: EXPANSIONS
15.1.3 EMERSON ELECTRIC CO.
TABLE 152 EMERSON ELECTRIC CO.: COMPANY OVERVIEW
FIGURE 57 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
TABLE 153 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 154 EMERSON ELECTRIC CO.: DEALS
TABLE 155 EMERSON ELECTRIC CO.: OTHERS
15.1.4 AMPHENOL CORPORATION
TABLE 156 AMPHENOL CORPORATION: COMPANY OVERVIEW
FIGURE 58 AMPHENOL CORPORATION: COMPANY SNAPSHOT
TABLE 157 AMPHENOL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 158 AMPHENOL CORPORATION: PRODUCT LAUNCHES
TABLE 159 AMPHENOL CORPORATION: DEALS
15.1.5 TE CONNECTIVITY
TABLE 160 TE CONNECTIVITY: COMPANY OVERVIEW
FIGURE 59 TE CONNECTIVITY: COMPANY SNAPSHOT
TABLE 161 TE CONNECTIVITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 162 TE CONNECTIVITY: PRODUCT LAUNCHES
TABLE 163 TE CONNECTIVITY: DEALS
15.1.6 SENSATA TECHNOLOGIES, INC.
TABLE 164 SENSATA TECHNOLOGIES, INC.: COMPANY OVERVIEW
FIGURE 60 SENSATA TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 165 SENSATA TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 166 SENSATA TECHNOLOGIES, INC.: PRODUCT LAUNCHES
TABLE 167 SENSATA TECHNOLOGIES, INC.: EXPANSIONS
15.1.7 TT ELECTRONICS
TABLE 168 TT ELECTRONICS: COMPANY OVERVIEW
FIGURE 61 TT ELECTRONICS: COMPANY SNAPSHOT
TABLE 169 TT ELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 170 TT ELECTRONICS: EXPANSIONS
15.1.8 ROCKWELL AUTOMATION
TABLE 171 ROCKWELL AUTOMATION: COMPANY OVERVIEW
FIGURE 62 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
TABLE 172 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
15.1.9 SCHNEIDER ELECTRIC
TABLE 173 SCHNEIDER ELECTRIC: COMPANY OVERVIEW
FIGURE 63 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
TABLE 174 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
15.1.10 SIEMENS
TABLE 175 SIEMENS: COMPANY OVERVIEW
FIGURE 64 SIEMENS: COMPANY SNAPSHOT
TABLE 176 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
15.1.11 STMICROELECTRONICS
TABLE 177 STMICROELECTRONICS: COMPANY OVERVIEW
FIGURE 65 STMICROELECTRONICS: COMPANY SNAPSHOT
TABLE 178 STMICROELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 179 STMICROELECTRONICS: PRODUCT LAUNCHES
15.1.12 INFINEON TECHNOLOGIES AG
TABLE 180 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW
FIGURE 66 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 181 INFINEON TECHNOLOGIES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 182 INFINEON TECHNOLOGIES AG: PRODUCT LAUNCHES
TABLE 183 INFINEON TECHNOLOGIES AG: DEALS
TABLE 184 INFINEON TECHNOLOGIES AG: EXPANSIONS
15.1.13 NXP SEMICONDUCTORS
TABLE 185 NXP SEMICONDUCTORS: COMPANY OVERVIEW
FIGURE 67 NXP SEMICONDUCTORS: COMPANY SNAPSHOT
TABLE 186 NXP SEMICONDUCTORS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 187 NXP SEMICONDUCTORS: DEALS
15.1.14 YOKOGAWA ELECTRIC CORPORATION
TABLE 188 YOKOGAWA ELECTRIC CORPORATION: COMPANY OVERVIEW
FIGURE 68 YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 189 YOKOGAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
15.1.15 ENDRESS+HAUSER GROUP SERVICES AG
TABLE 190 ENDRESS+HAUSER GROUP SERVICES AG: COMPANY OVERVIEW
FIGURE 69 ENDRESS+HAUSER GROUP SERVICES AG: COMPANY SNAPSHOT
TABLE 191 ENDRESS+HAUSER GROUP SERVICES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 192 ENDRESS+HAUSER GROUP SERVICES AG: EXPANSIONS
15.2 OTHER PLAYERS
15.2.1 BOSCH SENSORTEC GMBH
15.2.2 IFM ELECTRONIC GMBH
15.2.3 JUMO GMBH & CO. KG
15.2.4 KITA SENSOR TECH. CO., LTD.
15.2.5 NIDEC CORPORATION
15.2.6 PHOENIX SENSORS
15.2.7 MICRO SENSOR CO., LTD.
15.2.8 BD|SENSORS GMBH
15.2.9 KISTLER GROUP
15.2.10 OMEGA ENGINEERING, INC.
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
16 APPENDIX
16.1 INSIGHTS FROM INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 CUSTOMIZATION OPTIONS
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.2 MARKETS COVERED
FIGURE 1 PRESSURE SENSOR MARKET SEGMENTATION
1.3.3 REGIONAL SCOPE
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 PRESSURE SENSOR MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 Major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Breakdown of primaries
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.2 MARKET SIZE ESTIMATION METHODOLOGY
FIGURE 3 PRESSURE SENSOR MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up analysis
(demand side)
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis
(supply side)
FIGURE 5 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
FIGURE 6 PRESSURE SENSOR MARKET: SUPPLY-SIDE ANALYSIS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 8 RESEARCH ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
FIGURE 9 RESEARCH LIMITATIONS
2.6 RISK ASSESSMENT
TABLE 1 PRESSURE SENSOR MARKET: RISK ASSESSMENT
2.7 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON PRESSURE SENSOR MARKET
TABLE 2 PRESSURE SENSOR MARKET: PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT
3 EXECUTIVE SUMMARY
FIGURE 10 PIEZORESISTIVE SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029
FIGURE 11 WIRED SENSORS SEGMENT TO HOLD LARGER MARKET SHARE IN 2029
FIGURE 12 AUTOMOTIVE SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029
FIGURE 13 ASIA PACIFIC HELD LARGEST SHARE OF PRESSURE SENSOR MARKET IN 2023
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PRESSURE SENSOR MARKET
FIGURE 14 INCREASING DEMAND FOR ELECTRIC VEHICLES (EVS) AND AUTONOMOUS DRIVING SYSTEMS TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS
4.2 PRESSURE SENSOR MARKET IN ASIA PACIFIC, BY END USE AND COUNTRY
FIGURE 15 AUTOMOTIVE SEGMENT AND CHINA TO HOLD LARGEST SHARES OF ASIA PACIFIC PRESSURE SENSOR MARKET IN 2024
4.3 PRESSURE SENSOR MARKET, BY END USE
FIGURE 16 AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029
4.4 PRESSURE SENSOR MARKET, BY COUNTRY
FIGURE 17 INDIA TO RECORD HIGHEST CAGR IN PRESSURE SENSOR MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 PRESSURE SENSOR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 19 PRESSURE SENSOR MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.1.1 Booming automotive sector
FIGURE 20 GLOBAL VEHICLE SALES, 2019–2023 (MILLION UNITS)
5.2.1.2 Development of technologically advanced and affordable pressure sensors
5.2.1.3 Increased trend of Industry 4.0
5.2.1.4 Rising demand for pressure sensors in medical device industry
5.2.2 RESTRAINTS
FIGURE 21 PRESSURE SENSOR MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.2.1 Need for pressure sensor manufacturers to adhere to stringent standards, regulations, and certifications
5.2.3 OPPORTUNITIES
FIGURE 22 PRESSURE SENSOR MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.3.1 Rising demand for advanced pressure sensors in consumer electronics industry
5.2.3.2 Adoption of pressure sensors in IoT-enabled predictive maintenance programs
5.2.3.3 Rapid advancements in AI and ML technologies
5.2.4 CHALLENGES
FIGURE 23 PRESSURE SENSOR MARKET: IMPACT ANALYSIS OF CHALLENGES
5.2.4.1 Shrinking profit margins of manufacturers with declining prices, increasing competition, and commoditization of technology
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 24 PRESSURE SENSOR MARKET: SUPPLY CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 25 KEY PLAYERS IN PRESSURE SENSOR ECOSYSTEM
TABLE 3 ROLES OF COMPANIES IN PRESSURE SENSOR ECOSYSTEM
5.5 INVESTMENT AND FUNDING SCENARIO
FIGURE 26 INVESTMENT AND FUNDING SCENARIO, 2020–2023 (USD BILLION)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.7 PRICING ANALYSIS
5.7.1 AVERAGE SELLING PRICE (ASP) TREND OF KEY PLAYERS
FIGURE 28 AVERAGE SELLING PRICE (ASP) TREND OF ABSOLUTE PRESSURE SENSORS PROVIDED BY KEY PLAYERS, 2023 (USD/UNIT)
TABLE 4 AVERAGE SELLING PRICE (ASP) TREND OF ABSOLUTE PRESSURE SENSORS PROVIDED BY KEY PLAYERS, 2023 (USD/UNIT)
5.7.2 AVERAGE SELLING PRICE (ASP) TREND, BY END USE
FIGURE 29 AVERAGE SELLING PRICE (ASP) TREND OF PRESSURE SENSORS, BY END USE, 2019–2023 (USD/UNIT)
5.7.3 AVERAGE SELLING PRICE (ASP) TREND, BY REGION
FIGURE 30 AVERAGE SELLING PRICE (ASP) TREND OF PRESSURE SENSORS, BY REGION, 2019–2023 (USD/UNIT)
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 MEMS technology
5.8.1.2 Piezoresistive technology
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 Wireless communication protocols
5.8.2.2 Advanced material innovations
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Internet of Things (IoT) integration
5.8.3.2 Sensor fusion
5.9 PORTER’S FIVE FORCES ANALYSIS
TABLE 5 PRESSURE SENSOR MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 31 PORTER’S FIVE FORCES ANALYSIS
5.9.1 INTENSITY OF COMPETITIVE RIVALRY
5.9.2 BARGAINING POWER OF SUPPLIERS
5.9.3 BARGAINING POWER OF BUYERS
5.9.4 THREAT OF NEW ENTRANTS
5.9.5 THREAT OF SUBSTITUTES
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE
5.10.2 BUYING CRITERIA
FIGURE 33 KEY BUYING CRITERIA, BY END USE
TABLE 7 KEY BUYING CRITERIA, BY END USE
5.11 CASE STUDY ANALYSIS
5.11.1 ALTHEN SENSORS & CONTROLS’ MINIATURE PRESSURE SENSORS ENHANCED DUTCH DELFT HYPERLOOP PROJECT
5.11.2 SURREY SENSORS LTD (SSL) DEPLOYED HONEYWELL’S PRESSURE SENSORS TO ELEVATE PRECISION IN UAV AND AEROSPACE TESTING
5.11.3 MAJOR AGRICULTURAL MACHINERY COMPANY STARTED USING WIKA’S LEVEL SENSORS
5.11.4 PRESSURE TRANSDUCER MONITORING ENABLED EMPTEEZY TO ENSURE CONSISTENT WATER FLOW IN EMERGENCY TANK SHOWERS
5.11.5 MEDICAL DEVICE COMPANY ADOPTED PRESSURE SENSOR FOR CRITICAL CARE BLOOD PRESSURE MONITORING
5.12 TRADE ANALYSIS
5.12.1 IMPORT SCENARIO (HS CODE 902620)
FIGURE 34 IMPORT DATA FOR HS CODE 902620-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2019–2023 (USD MILLION)
5.12.2 EXPORT SCENARIO (HS CODE 902620)
FIGURE 35 EXPORT DATA FOR HS CODE 902620-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2019–2023 (USD MILLION)
5.13 TARIFF, STANDARD, AND REGULATORY LANDSCAPE
5.13.1 TARIFF ANALYSIS
TABLE 8 MFN TARIFF RELATED TO HS CODE 9026-COMPLIANT PRODUCTS EXPORTED BY MEXICO, 2022
TABLE 9 MFN TARIFF RELATED TO HS CODE 902620-COMPLIANT PRODUCTS EXPORTED BY CHINA, 2022
TABLE 10 MFN TARIFF RELATED TO HS CODE 902620-COMPLIANT PRODUCTS EXPORTED BY US, 2022
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.3 STANDARDS/REGULATIONS
TABLE 15 PRESSURE SENSOR MARKET: STANDARDS/REGULATIONS
5.14 PATENT ANALYSIS
FIGURE 36 PATENTS APPLIED AND GRANTED RELATED TO PRESSOR SENSORS, 2014–2023
TABLE 16 LIST OF PATENTS APPLIED AND GRANTED RELATED TO PRESSURE SENSORS, 2020–2023
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 17 PRESSURE SENSOR MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025
6 PRESSURE SENSORS FOR DIFFERENT MEDIA TYPES
6.1 INTRODUCTION
FIGURE 37 PRESSURE SENSORS FOR DIFFERENT MEDIA TYPES
6.2 AIR PRESSURE SENSORS
6.2.1 FUNCTIONS AND APPLICATIONS
6.2.2 DESIGN CONSIDERATIONS
6.2.3 KEY FEATURES
6.3 BAROMETRIC (ATMOSPHERIC) PRESSURE SENSORS
6.3.1 FUNCTIONS AND APPLICATIONS
6.3.2 DESIGN CONSIDERATIONS
6.3.3 KEY FEATURES
6.4 GAS PRESSURE SENSORS
6.4.1 FUNCTIONS AND APPLICATIONS
6.4.2 DESIGN CONSIDERATIONS
6.4.3 KEY FEATURES
6.5 GAS PRESSURE SENSORS
6.5.1 FUNCTIONS AND APPLICATIONS
6.5.2 DESIGN CONSIDERATIONS
6.5.3 KEY FEATURES
6.6 LIQUID PRESSURE SENSORS
6.6.1 FUNCTIONS AND APPLICATIONS
6.6.2 DESIGN CONSIDERATIONS
6.6.3 KEY FEATURES
6.7 PNEUMATIC AND HYDRAULIC PRESSURE SENSORS
6.7.1 FUNCTIONS AND APPLICATIONS
6.7.2 DESIGN CONSIDERATIONS
6.7.3 KEY FEATURES
6.8 PRESSURE SENSORS FOR CORROSIVE LIQUIDS AND GASES
6.8.1 FUNCTIONS AND APPLICATIONS
6.8.2 DESIGN CONSIDERATIONS
6.8.3 KEY FEATURES
7 TECHNOLOGIES RELATED TO PRESSURE SENSORS
7.1 INTRODUCTION
7.2 MICROFABRICATION TECHNOLOGIES
7.2.1 MICROELECTROMECHANICAL SYSTEMS (MEMS)
7.2.2 COMPLEMENTARY METAL-OXIDE-SEMICONDUCTOR (CMOS)
7.3 AI SENSOR TECHNOLOGIES
7.3.1 MACHINE LEARNING (ML)
7.3.2 NATURAL LANGUAGE PROCESSING (NLP)
7.3.3 CONTEXT-AWARE COMPUTING
7.3.4 COMPUTER VISION
8 PRESSURE SENSOR MARKET, BY CONNECTIVITY
8.1 INTRODUCTION
FIGURE 38 WIRED SENSORS SEGMENT TO DOMINATE PRESSURE SENSOR MARKET DURING FORECAST PERIOD
TABLE 18 PRESSURE SENSOR MARKET, BY CONNECTIVITY, 2020–2023 (USD BILLION)
TABLE 19 PRESSURE SENSOR MARKET, BY CONNECTIVITY, 2024–2029 (USD BILLION)
8.2 WIRED SENSORS
8.2.1 HIGH RELIABILITY AND ROBUSTNESS IN INDUSTRIAL APPLICATIONS TO DRIVE MARKET
8.3 WIRELESS SENSORS
8.3.1 EASE OF DEPLOYMENT IN HARD-TO-REACH OR DYNAMIC ENVIRONMENTS TO BOOST DEMAND
9 PRESSURE SENSOR MARKET, BY SENSING METHOD
9.1 INTRODUCTION
FIGURE 39 PIEZORESISTIVE SEGMENT TO LEAD PRESSURE SENSOR MARKET DURING FORECAST PERIOD
TABLE 20 PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD BILLION)
TABLE 21 PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD BILLION)
9.2 PIEZORESISTIVE
9.2.1 HIGH RELIABILITY OF PIEZORESISTIVE SENSORS TO BOOST ADOPTION
TABLE 22 PIEZORESISTIVE: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 23 PIEZORESISTIVE: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
9.3 CAPACITIVE
9.3.1 RISING USE OF CAPACITIVE SENSORS IN ENERGY-EFFICIENT AND SMART DEVICES TO FUEL MARKET GROWTH
TABLE 24 CAPACITIVE: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 25 CAPACITIVE: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
9.4 RESONANT SOLID-STATE
9.4.1 INCREASING DEMAND FOR RESONANT SOLID-STATE PRESSURE SENSORS IN OIL & GAS INDUSTRY FOR PRECISE PRESSURE MEASUREMENTS TO DRIVE MARKET
TABLE 26 RESONANT SOLID-STATE: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 27 RESONANT SOLID-STATE: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
9.5 ELECTROMAGNETIC
9.5.1 HIGH SUITABILITY OF ELECTROMAGNETIC PRESSURE SENSORS IN EXTREME CONDITIONS ACROSS MULTIPLE INDUSTRIES TO DRIVE MARKET
TABLE 28 ELECTROMAGNETIC: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 29 ELECTROMAGNETIC: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
9.6 OPTICAL
9.6.1 SUITABILITY OF OPTICAL PRESSURE SENSORS WITH MEDICAL DEVICES TO FUEL DEMAND
TABLE 30 OPTICAL: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 31 OPTICAL: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
9.7 OTHER SENSING METHODS
TABLE 32 OTHER SENSING METHODS: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 33 OTHER SENSING METHODS: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
10 PRESSURE SENSOR MARKET, BY SENSOR TYPE
10.1 INTRODUCTION
FIGURE 40 ABSOLUTE PRESSURE SENSORS SEGMENT TO LEAD PRESSURE SENSOR MARKET DURING FORECAST PERIOD
TABLE 34 PRESSURE SENSOR MARKET, BY SENSOR TYPE, 2020–2023 (USD BILLION)
TABLE 35 PRESSURE SENSOR MARKET, BY SENSOR TYPE, 2024–2029 (USD BILLION)
10.2 ABSOLUTE PRESSURE SENSORS
10.2.1 INCREASING DEMAND FOR ABSOLUTE PRESSURE SENSORS TO ACHIEVE PRECISE PRESSURE MEASUREMENT RELATIVE TO PERFECT VACUUM TO DRIVE MARKET
10.3 GAUGE PRESSURE SENSORS
10.3.1 GROWING USE OF GAUGE PRESSURE SENSORS IN INDUSTRIAL AUTOMATION AND PROCESS MONITORING APPLICATIONS TO DRIVE MARKET
10.4 DIFFERENTIAL PRESSURE SENSORS
10.4.1 INCREASING FOCUS OF VARIOUS INDUSTRY PLAYERS ON ENHANCING ENERGY EFFICIENCY AND ACHIEVING SUSTAINABILITY TO DRIVE DEMAND
10.5 SEALED PRESSURE SENSORS
10.5.1 RISING USE OF SEALED PRESSURE SENSORS IN EXTREME CONDITIONS TO FUEL MARKET GROWTH
10.6 VACUUM PRESSURE SENSORS
10.6.1 GROWING NEED FOR VACUUM MEASUREMENT IN CHEMICAL PROCESSING APPLICATIONS TO PROPEL DEMAND
11 PRESSURE SENSOR MARKET, BY PRESSURE RANGE
11.1 INTRODUCTION
FIGURE 41 UP TO 100 PSI SEGMENT TO DOMINATE PRESSURE SENSOR MARKET DURING FORECAST PERIOD
TABLE 36 PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD BILLION)
TABLE 37 PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD BILLION)
11.2 UP TO 100 PSI
11.2.1 INCREASING INTEGRATION OF UP TO 100 PSI PRESSURE SENSORS INTO PORTABLE AND WEARABLE DEVICES TO FUEL MARKET GROWTH
TABLE 38 UP TO 100 PSI: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 39 UP TO 100 PSI: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
11.3 101–1,000 PSI
11.3.1 RISING NEED FOR PRECISE PRESSURE CONTROL IN INDUSTRIAL PROCESSES TO DRIVE DEMAND
TABLE 40 101–1,000 PSI: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 41 101–1,000 PSI: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
11.4 ABOVE 1,000 PSI
11.4.1 INCREASING DEMAND IN OIL & GAS INDUSTRY AND MANUFACTURING SECTOR TO BOOST MARKET GROWTH
TABLE 42 ABOVE 1,000 PSI: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 43 ABOVE 1,000 PSI: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
12 PRESSURE SENSOR MARKET, BY END USE
12.1 INTRODUCTION
FIGURE 42 AUTOMOTIVE SEGMENT TO DOMINATE PRESSURE SENSOR MARKET DURING FORECAST PERIOD
TABLE 44 PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD BILLION)
TABLE 45 PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD BILLION)
TABLE 46 PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (MILLION UNITS)
TABLE 47 PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (MILLION UNITS)
12.2 AUTOMOTIVE
12.2.1 HIGH GROWTH OF AUTOMOTIVE INDUSTRY TO DRIVE DEMAND
12.2.1.1 Use cases of pressure sensors in automotive industry
TABLE 48 AUTOMOTIVE: USE CASES OF PRESSURE SENSORS
TABLE 49 AUTOMOTIVE: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 50 AUTOMOTIVE: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 51 AUTOMOTIVE: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 52 AUTOMOTIVE: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 53 AUTOMOTIVE: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 54 AUTOMOTIVE: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.3 MEDICAL
12.3.1 ADVANCEMENTS IN HEALTHCARE TECHNOLOGIES TO BOOST DEMAND
12.3.1.1 Use cases of pressure sensors in medical industry
TABLE 55 MEDICAL: USE CASES OF PRESSURE SENSORS
TABLE 56 MEDICAL: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 57 MEDICAL: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 58 MEDICAL: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 59 MEDICAL: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 60 MEDICAL: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 61 MEDICAL: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.4 MANUFACTURING
12.4.1 GROWING ADOPTION OF AUTOMATION TECHNOLOGIES AND ROBOTICS TO FUEL MARKET GROWTH
12.4.1.1 Use cases of pressure sensors in manufacturing sector
TABLE 62 MANUFACTURING: USE CASES OF PRESSURE SENSORS
TABLE 63 MANUFACTURING: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 64 MANUFACTURING: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 65 MANUFACTURING: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 66 MANUFACTURING: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 67 MANUFACTURING: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 68 MANUFACTURING: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.5 UTILITIES
12.5.1 MODERNIZATION OF POWER GENERATION PLANTS AND EXPANSION OF SMART GRID INFRASTRUCTURE TO DRIVE MARKET
12.5.1.1 Use cases of pressure sensors in utilities sector
TABLE 69 UTILITIES: USE CASES OF PRESSURE SENSORS
TABLE 70 UTILITIES: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 71 UTILITIES: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 72 UTILITIES: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 73 UTILITIES: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 74 UTILITIES: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 75 UTILITIES: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.6 AVIATION
12.6.1 RISING FOCUS ON ENHANCING AIRCRAFT EFFICIENCY, SAFETY, AND PASSENGER COMFORT TO FUEL ADOPTION
12.6.1.1 Use cases of pressure sensors in aviation industry
TABLE 76 AVIATION: USE CASES OF PRESSURE SENSORS
TABLE 77 AVIATION: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 78 AVIATION: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 79 AVIATION: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 80 AVIATION: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 81 AVIATION: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 82 AVIATION: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.7 OIL & GAS
12.7.1 HIGH SAFETY REQUIREMENTS DUE TO EXPOSURE TO DYNAMIC ENVIRONMENT TO DRIVE DEMAND
12.7.1.1 Use cases of pressure sensors in oil & gas industry
TABLE 83 OIL & GAS: USE CASES OF PRESSURE SENSORS
TABLE 84 OIL & GAS: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 85 OIL & GAS: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 86 OIL & GAS: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 87 OIL & GAS: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 88 OIL & GAS: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 89 OIL & GAS: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.8 MARINE
12.8.1 EXPANDING MARINE INDUSTRY TO DRIVE DEMAND
12.8.1.1 Use cases of pressure sensors in marine industry
TABLE 90 MARINE: USE CASES OF PRESSURE SENSORS
TABLE 91 MARINE: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 92 MARINE: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 93 MARINE: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 94 MARINE: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 95 MARINE: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 96 MARINE: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.9 CONSUMER DEVICES
12.9.1 INCREASED INTEGRATION OF PRESSURE SENSORS INTO CONSUMER DEVICES TO BOOST MARKET GROWTH
12.9.1.1 Use cases of pressure sensors in consumer devices industry
TABLE 97 CONSUMER DEVICES: USE CASES OF PRESSURE SENSORS
TABLE 98 CONSUMER DEVICES: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 99 CONSUMER DEVICES: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 100 CONSUMER DEVICES: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 101 CONSUMER DEVICES: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 102 CONSUMER DEVICES: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 103 CONSUMER DEVICES: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
12.10 OTHER END USES
TABLE 104 OTHER END USES: PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 105 OTHER END USES: PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 106 OTHER END USES: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2020–2023 (USD MILLION)
TABLE 107 OTHER END USES: PRESSURE SENSOR MARKET, BY SENSING METHOD, 2024–2029 (USD MILLION)
TABLE 108 OTHER END USES: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)
TABLE 109 OTHER END USES: PRESSURE SENSOR MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)
13 PRESSURE SENSOR MARKET, BY REGION
13.1 INTRODUCTION
FIGURE 43 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN PRESSURE SENSOR MARKET DURING FORECAST PERIOD
TABLE 110 PRESSURE SENSOR MARKET, BY REGION, 2020–2023 (USD BILLION)
TABLE 111 PRESSURE SENSOR MARKET, BY REGION, 2024–2029 (USD BILLION)
13.2 NORTH AMERICA
FIGURE 44 NORTH AMERICA: PRESSURE SENSOR MARKET SNAPSHOT
TABLE 112 NORTH AMERICA: PRESSURE SENSOR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 113 NORTH AMERICA: PRESSURE SENSOR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
TABLE 114 NORTH AMERICA: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 115 NORTH AMERICA: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
13.2.1 US
13.2.1.1 High demand for pressure sensors in multiple industries to boost market growth
13.2.2 CANADA
13.2.2.1 Growing automotive industry to propel market
13.2.3 MEXICO
13.2.3.1 Expanding automotive and oil & gas industries to drive demand
13.2.4 IMPACT OF RECESSION ON PRESSURE SENSOR MARKET IN NORTH AMERICA
13.3 EUROPE
FIGURE 45 EUROPE: PRESSURE SENSOR MARKET SNAPSHOT
TABLE 116 EUROPE: PRESSURE SENSOR MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 117 EUROPE: PRESSURE SENSOR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 118 EUROPE: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 119 EUROPE: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
13.3.1 GERMANY
13.3.1.1 Booming automotive and food & beverages industries to drive market
13.3.2 UK
13.3.2.1 Growing power generation industry to fuel demand
13.3.3 FRANCE
13.3.3.1 Presence of major water & wastewater treatment companies to fuel demand
13.3.4 ITALY
13.3.4.1 High demand for pressure sensors in automotive and healthcare sectors to drive market
13.3.5 REST OF EUROPE
13.3.6 IMPACT OF RECESSION ON PRESSURE SENSOR MARKET IN EUROPE
13.4 ASIA PACIFIC
FIGURE 46 ASIA PACIFIC: PRESSURE SENSOR MARKET SNAPSHOT
TABLE 120 ASIA PACIFIC: PRESSURE SENSOR MARKET, BY COUNTRY, 2020–2023 (USD BILLION)
TABLE 121 ASIA PACIFIC: PRESSURE SENSOR MARKET, BY COUNTRY, 2024–2029 (USD BILLION)
TABLE 122 ASIA PACIFIC: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 123 ASIA PACIFIC: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
13.4.1 CHINA
13.4.1.1 Infrastructure development and rapid industrialization to boost demand
13.4.2 JAPAN
13.4.2.1 Expanding process industries to drive demand
13.4.3 INDIA
13.4.3.1 Rapid industrialization and increasing demand for consumer goods to boost market growth
13.4.4 SOUTH KOREA
13.4.4.1 Booming consumer electronics industry to drive market
13.4.5 REST OF ASIA PACIFIC
13.4.6 IMPACT OF RECESSION ON PRESSURE SENSOR MARKET IN ASIA PACIFIC
13.5 ROW
TABLE 124 ROW: PRESSURE SENSOR MARKET, BY REGION/COUNTRY, 2020–2023 (USD BILLION)
TABLE 125 ROW: PRESSURE SENSOR MARKET, BY REGION/COUNTRY, 2024–2029 (USD BILLION)
TABLE 126 ROW: PRESSURE SENSOR MARKET, BY END USE, 2020–2023 (USD MILLION)
TABLE 127 ROW: PRESSURE SENSOR MARKET, BY END USE, 2024–2029 (USD MILLION)
13.5.1 MIDDLE EAST
TABLE 128 MIDDLE EAST: PRESSURE SENSOR MARKET, BY REGION/COUNTRY, 2020–2023 (USD MILLION)
TABLE 129 MIDDLE EAST: PRESSURE SENSOR MARKET, BY REGION/COUNTRY, 2024–2029 (USD MILLION)
13.5.1.1 GCC
13.5.1.1.1 High growth of oil & gas industry to drive demand
13.5.1.2 Rest of Middle East
13.5.2 AFRICA
13.5.2.1 Rising demand for pressure sensors to monitor and control critical processes to drive market
13.5.3 SOUTH AMERICA
13.5.3.1 Substantial growth in automobile production to fuel demand
13.5.4 IMPACT OF RECESSION OF PRESSURE SENSOR MARKET IN ROW
14 COMPETITIVE LANDSCAPE
14.1 OVERVIEW
14.2 KEY STRENGTHS/RIGHT TO WIN, 2020–2024
TABLE 130 PRESSURE SENSOR MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
14.3 MARKET SHARE ANALYSIS, 2023
FIGURE 47 PRESSURE SENSOR MARKET SHARE ANALYSIS, 2023
TABLE 131 PRESSURE SENSOR MARKET: DEGREE OF COMPETITION, 2023
14.4 REVENUE ANALYSIS, 2019–2023
FIGURE 48 PRESSURE SENSOR MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023
14.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
FIGURE 49 COMPANY VALUATION, 2024 (USD MILLION)
FIGURE 50 FINANCIAL METRICS (EV/EBITDA), 2024
14.6 PRODUCT/BRAND COMPARISON
FIGURE 51 PRODUCT/BRAND COMPARISON
14.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
14.7.1 STARS
14.7.2 EMERGING LEADERS
14.7.3 PERVASIVE PLAYERS
14.7.4 PARTICIPANTS
FIGURE 52 PRESSURE SENSOR MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
14.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
14.7.5.1 Company footprint
FIGURE 53 PRESSURE SENSOR MARKET: COMPANY FOOTPRINT
14.7.5.2 Connectivity footprint
TABLE 132 PRESSURE SENSOR MARKET: CONNECTIVITY FOOTPRINT
14.7.5.3 Sensing method footprint
TABLE 133 PRESSURE SENSOR MARKET: SENSING METHOD FOOTPRINT
14.7.5.4 Sensor type footprint
TABLE 134 PRESSURE SENSOR MARKET: SENSOR TYPE FOOTPRINT
14.7.5.5 Pressure range footprint
TABLE 135 PRESSURE SENSOR MARKET: PRESSURE RANGE FOOTPRINT
14.7.5.6 End use footprint
TABLE 136 PRESSURE SENSOR MARKET: END USE FOOTPRINT
14.7.5.7 Region footprint
TABLE 137 PRESSURE SENSOR MARKET: REGION FOOTPRINT
14.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
14.8.1 PROGRESSIVE COMPANIES
14.8.2 RESPONSIVE COMPANIES
14.8.3 DYNAMIC COMPANIES
14.8.4 STARTING BLOCKS
FIGURE 54 PRESSURE SENSOR MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
14.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
14.8.5.1 List of startups/SMEs
TABLE 138 PRESSURE SENSOR MARKET: DETAILED LIST OF STARTUPS/SMES
14.8.5.2 Competitive benchmarking of startups/SMEs
TABLE 139 PRESSURE SENSOR MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES
14.9 COMPETITIVE SCENARIOS AND TRENDS
14.9.1 PRODUCT LAUNCHES
TABLE 140 PRESSURE SENSOR MARKET: PRODUCT LAUNCHES, JANUARY 2020–MARCH 2024
14.9.2 DEALS
TABLE 141 PRESSURE SENSOR MARKET: DEALS, JANUARY 2020–MARCH 2024
14.9.3 EXPANSIONS
TABLE 142 PRESSURE SENSOR MARKET: EXPANSIONS, JANUARY 2020–MARCH 2024
14.9.4 OTHERS
TABLE 143 PRESSURE SENSOR MARKET: OTHERS, JANUARY 2020–MARCH 2024
15 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
15.1 KEY PLAYERS
15.1.1 HONEYWELL INTERNATIONAL INC.
TABLE 144 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 55 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 145 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 146 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
TABLE 147 HONEYWELL INTERNATIONAL INC.: DEALS
15.1.2 ABB
TABLE 148 ABB: COMPANY OVERVIEW
FIGURE 56 ABB: COMPANY SNAPSHOT
TABLE 149 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 150 ABB: DEALS
TABLE 151 ABB: EXPANSIONS
15.1.3 EMERSON ELECTRIC CO.
TABLE 152 EMERSON ELECTRIC CO.: COMPANY OVERVIEW
FIGURE 57 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
TABLE 153 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 154 EMERSON ELECTRIC CO.: DEALS
TABLE 155 EMERSON ELECTRIC CO.: OTHERS
15.1.4 AMPHENOL CORPORATION
TABLE 156 AMPHENOL CORPORATION: COMPANY OVERVIEW
FIGURE 58 AMPHENOL CORPORATION: COMPANY SNAPSHOT
TABLE 157 AMPHENOL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 158 AMPHENOL CORPORATION: PRODUCT LAUNCHES
TABLE 159 AMPHENOL CORPORATION: DEALS
15.1.5 TE CONNECTIVITY
TABLE 160 TE CONNECTIVITY: COMPANY OVERVIEW
FIGURE 59 TE CONNECTIVITY: COMPANY SNAPSHOT
TABLE 161 TE CONNECTIVITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 162 TE CONNECTIVITY: PRODUCT LAUNCHES
TABLE 163 TE CONNECTIVITY: DEALS
15.1.6 SENSATA TECHNOLOGIES, INC.
TABLE 164 SENSATA TECHNOLOGIES, INC.: COMPANY OVERVIEW
FIGURE 60 SENSATA TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 165 SENSATA TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 166 SENSATA TECHNOLOGIES, INC.: PRODUCT LAUNCHES
TABLE 167 SENSATA TECHNOLOGIES, INC.: EXPANSIONS
15.1.7 TT ELECTRONICS
TABLE 168 TT ELECTRONICS: COMPANY OVERVIEW
FIGURE 61 TT ELECTRONICS: COMPANY SNAPSHOT
TABLE 169 TT ELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 170 TT ELECTRONICS: EXPANSIONS
15.1.8 ROCKWELL AUTOMATION
TABLE 171 ROCKWELL AUTOMATION: COMPANY OVERVIEW
FIGURE 62 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
TABLE 172 ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
15.1.9 SCHNEIDER ELECTRIC
TABLE 173 SCHNEIDER ELECTRIC: COMPANY OVERVIEW
FIGURE 63 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
TABLE 174 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
15.1.10 SIEMENS
TABLE 175 SIEMENS: COMPANY OVERVIEW
FIGURE 64 SIEMENS: COMPANY SNAPSHOT
TABLE 176 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
15.1.11 STMICROELECTRONICS
TABLE 177 STMICROELECTRONICS: COMPANY OVERVIEW
FIGURE 65 STMICROELECTRONICS: COMPANY SNAPSHOT
TABLE 178 STMICROELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 179 STMICROELECTRONICS: PRODUCT LAUNCHES
15.1.12 INFINEON TECHNOLOGIES AG
TABLE 180 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW
FIGURE 66 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 181 INFINEON TECHNOLOGIES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 182 INFINEON TECHNOLOGIES AG: PRODUCT LAUNCHES
TABLE 183 INFINEON TECHNOLOGIES AG: DEALS
TABLE 184 INFINEON TECHNOLOGIES AG: EXPANSIONS
15.1.13 NXP SEMICONDUCTORS
TABLE 185 NXP SEMICONDUCTORS: COMPANY OVERVIEW
FIGURE 67 NXP SEMICONDUCTORS: COMPANY SNAPSHOT
TABLE 186 NXP SEMICONDUCTORS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 187 NXP SEMICONDUCTORS: DEALS
15.1.14 YOKOGAWA ELECTRIC CORPORATION
TABLE 188 YOKOGAWA ELECTRIC CORPORATION: COMPANY OVERVIEW
FIGURE 68 YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 189 YOKOGAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
15.1.15 ENDRESS+HAUSER GROUP SERVICES AG
TABLE 190 ENDRESS+HAUSER GROUP SERVICES AG: COMPANY OVERVIEW
FIGURE 69 ENDRESS+HAUSER GROUP SERVICES AG: COMPANY SNAPSHOT
TABLE 191 ENDRESS+HAUSER GROUP SERVICES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 192 ENDRESS+HAUSER GROUP SERVICES AG: EXPANSIONS
15.2 OTHER PLAYERS
15.2.1 BOSCH SENSORTEC GMBH
15.2.2 IFM ELECTRONIC GMBH
15.2.3 JUMO GMBH & CO. KG
15.2.4 KITA SENSOR TECH. CO., LTD.
15.2.5 NIDEC CORPORATION
15.2.6 PHOENIX SENSORS
15.2.7 MICRO SENSOR CO., LTD.
15.2.8 BD|SENSORS GMBH
15.2.9 KISTLER GROUP
15.2.10 OMEGA ENGINEERING, INC.
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
16 APPENDIX
16.1 INSIGHTS FROM INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 CUSTOMIZATION OPTIONS
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
According to the new market research report " Pressure Sensor Market by Product (Absolute, Differential, Gauge, Vacuum, and Sealed), Technology (Piezoresistive, Capacitive, Electromagnetic, Resonant), Application (Automotive, Medical, Industrial, Utilities) and Geography - Global Forecast to 2023", the pressure sensor market is expected to grow from USD 8.30 Billion in 2017 to USD 11.30 Billion by 2023, at a CAGR of 5.27% between 2017 and 2023. The factors driving the growth of this market are advancements in MEMS technology and its rapid adoption in connected devices, growing demand from automotive and medical device industries, increasing adoption of pressure sensors in consumer goods and wearables, and stringent government regulations.
The major players operating in the pressure sensor market include
- Honeywell (US),
- ABB (Switzerland),
- NXP Semiconductors (Netherland),
- Infineon Technologies (Germany),
- Emerson Electric (US),
- General Electric (US),
- Siemens (Germany),
- STMicroelectronics (Switzerland),
- Robert Bosch (Germany).
"Differential pressure sensor market is expected to grow at the highest CAGR during the forecast period"
The differential pressure sensor market is expected to grow at the highest CAGR between 2017 and 2023. Differential pressure sensors provide the difference between two pressure sources through two ports, allowing customers to provide required pressure inputs to the device for measuring the readings. This flexibility offered by the device helps drive the growth of the differential pressure sensor market at the highest CAGR during the forecast period.
"Pressure sensor market for optical technology is expected to grow at the highest CAGR during the forecast period"
The pressure sensor market for the piezoresistive technology is expected to grow at a high CAGR between 2017 and 2023, driven by the growing adoption of the optical technology over other technologies due to its advantages. In remote or extremely hot areas, optical pressure sensors are useful for numerous applications. In applications where other technologies fail due to electromagnetic interference, optical pressure sensors work very well due to their immunity to interference. These sensors also work well in the presence of chemicals or explosive materials.
"Pressure sensor market for consumer electronics application is expected to grow at the highest CAGR during the forecast period"
The pressure sensor market for consumer electronics is expected to grow at a high CAGR between 2017 and 2023. The penetration of MEMS in pressure sensors has made them viable for various applications in consumer electronics. They are used in washing machines, dishwashers, and mobile phones. Mobile navigation (multi-path, slope detection) is one of the most commercially viable markets for pressure sensors in consumer electronics. Pressure sensors are now combined with inertial and magnetic sensors for dead reckoning and navigational applications in consumer products.
"Asia Pacific (APAC) expected to lead the pressure sensor market between 2017 and 2023"
Asia Pacific (APAC) is expected to hold the largest share of the pressure sensor market during the forecast period. The pressure sensor market in countries such as China, India, Japan, and South Korea is expected to grow at the highest CAGR due to the increasing deployment of automated storage and retrieval systems (ASRS) and rising awareness about the importance of automated systems.
