Reports
Sale
Global Pressure Sensor Market Size, Share, Trends, Forecast: By Type: Absolute Pressure Sensor, Gauge Pressure Sensor, Differential Pressure Sensor; By Technology: Piezoresistive, Electromagnetic, Capacitive, Resonant Solid State, Optical, Others; By Application: Automotive, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Pressure Sensor Market Outlook
The global pressure sensor market stood at a value of around USD 16.84 billion in 2023. The market is further expected to grow at a CAGR of 10.3% in the forecast period of 2024-2032 to attain a value of nearly USD 40.56 billion by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Increasing Demand for Absolute Pressure Sensors to Aid the Global Pressure Sensor Industry Growth
Based on type, the absolute pressure sensor segment is expected to hold a significant share in the global pressure sensor industry during the forecast period. This growth can be attributed to the increased usage of absolute sensors in the measurement process of barometric pressure and atmospheric pressure in the aviation industry. In addition, these sensors are useful in vacuum pressure packaging of food products in the food and beverage industry. These factors are estimated to provide a thrust to the overall growth of the pressure sensor industry.
The Asia Pacific Region to Account for a Substantial Market Share in the Global Pressure Sensor Industry
The Asia Pacific region is predicted to occupy a considerable share of the global pressure sensor industry. This surge can be attributed to the increasing investments by the leading manufacturers to develop and expand the use of pressure sensors in various industry verticals, such as the automobile, medical, petrochemical industry, and others in the region. In addition, growing demand for appliances utilising pressure sensors such as washing machines, refrigerators, oxygen concentrators, and others are also expected to contribute to the overall market growth in the forecast period.
Pressure Sensor: Market Segmentation
Pressure is the applied force by a liquid or gas on an area, which is then measured by a pressure sensor. Pressure sensors have a pressure-sensitive element that helps determine the pressure levels and then convert this information into an output electric signal. These instruments are distinguished based on the type of pressure measurement, the applied sensing principle, and the output signal. They are utilised in appliances such as vacuum cleaners, automobiles, and ventilation systems, among others.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
By type, the market is divided into:
- Absolute Pressure Sensor
- Gauge Pressure Sensor
- Differential Pressure Sensor
On the basis of technology, the industry can be categorised into:
- Piezoresistive
- Electromagnetic
- Capacitive
- Resonant Solid State
- Optical
- Others
Based on application, the market can be segmented into:
- Automotive
- Oil and Gas
- Consumer Electronics
- Medical
- Industrial
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Rapid Technological Advancements to Catalyse the Growth of the Global Pressure Sensor Industry
The increased implementation of IoT (Internet of things) solutions is a major factor in spearheading the pressure sensor industry growth globally. Pressure sensors are being utilised to create smart homes and other wearable devices such as smartwatches and biosensors that help consumers track their health status, such as their bpm levels and oxygen levels. Moreover, with rapid industrialisation and technological growth, pressure sensors are being developed by utilising micro-electro-mechanical systems (MEMS) and nano-electro-mechanical systems (NEMS), making them suitable in biomedical applications and wireless communication solutions, among others. In addition, pressure sensors are being exceedingly used in the automotive sector, as they help in the deployment of passenger safety applications such as tire pressure monitoring (TPMS) and advanced driver assistance systems (ADAS).
In May 2021, BD|SENSORS GmbH launched a compact electronic pressure switch for mobile hydraulics to increase mobile machines' operational safety and efficiency, such as cranes and harvesters. Such developments by the key industry players are expected to aid the market growth in the forecast period.
Key Industry Players in the Global Pressure Sensor Market
The report gives a detailed analysis of the following key players in the global pressure sensor market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Honeywell International Inc.
- Emerson Electric Co.
- Sensata Technology Inc.
- BD|SENSORS GmbH
- ChampionX Corporation
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Technology |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Pressure Sensor Market Analysis
8.1 Key Industry Highlights
8.2 Global Pressure Sensor Historical Market (2018-2023)
8.3 Global Pressure Sensor Market Forecast (2024-2032)
8.4 Global Pressure Sensor Market by Type
8.4.1 Absolute Pressure Sensor
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Gauge Pressure Sensor
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Differential Pressure Sensor
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Pressure Sensor Market by Technology
8.5.1 Piezoresistive
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Electromagnetic
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Capacitive
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Resonant Solid State
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Optical
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Pressure Sensor Market by Application
8.6.1 Automotive
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Oil and Gas
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Consumer Electronics
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Medical
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Industrial
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.7 Global Pressure Sensor Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Pressure Sensor Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Pressure Sensor Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Pressure Sensor Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Pressure Sensor Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Pressure Sensor Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Honeywell International Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Emerson Electric Co.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Sensata Technologies, Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 BD|SENSORS GmbH
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 ChampionX Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Pressure Sensor Market: Key Industry Highlights, 2018 and 2032
2. Global Pressure Sensor Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Pressure Sensor Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Pressure Sensor Historical Market: Breakup by Technology (USD Billion), 2018-2023
5. Global Pressure Sensor Market Forecast: Breakup by Technology (USD Billion), 2024-2032
6. Global Pressure Sensor Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Pressure Sensor Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Pressure Sensor Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Pressure Sensor Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Pressure Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Pressure Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Pressure Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Pressure Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Pressure Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Pressure Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Pressure Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Pressure Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Pressure Sensor Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Pressure Sensor Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Pressure Sensor Market Structure
Key Questions Answered in the Report
In 2023, the global pressure sensor market attained a value of nearly USD 16.84 billion.
The market is projected to grow at a CAGR of 10.3% between 2024 and 2032.
The major drivers of the market include increased demand in the automotive industry, growing adoption of pressure sensors in the medical and aviation sector, rapid industrialisation, and increasing investments by leading manufacturers to develop and expand the use of pressure sensors.
The key trends guiding the market growth include rapid technological advancements, increased usage of pressure sensors in smartphones and biosensors to track health status, rising implementation of IoT (Internet of things) solutions, and growing usage in gaming experiences such as VR headsets.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant types of pressure sensors include absolute pressure sensor, gauge pressure sensor, and differential pressure sensor.
The important technologies include piezoresistive, electromagnetic, capacitive, resonant solid state, and optical, among others.
The applications of pressure sensor include automotive, oil and gas, consumer electronics, medical, and industrial.
The key players in the global pressure sensor market are Honeywell International Inc., Emerson Electric Co., Sensata Technologies, Inc., BD|SENSORS GmbH, and ChampionX Corporation, among others.
Analyst Review
The global pressure sensor market attained a value of USD 16.84 billion in 2023, driven by the increased demand in the automotive and medical industry. Aided by the rapid technological advancements and increased implementation of IoT (Internet of things) solutions, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 10.3%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market can be distributed into absolute pressure sensor, gauge pressure sensor, and differential pressure sensor. On the basis of technology, the industry can be segmented into piezoresistive, electromagnetic, capacitive, resonant solid state, and optical, among others. Based on application, the industry can be categorised into automotive, oil and gas, consumer electronics, medical, and industrial. The major regional markets for pressure sensor market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Honeywell International Inc., Emerson Electric Co., Sensata Technologies, Inc., BD|SENSORS GmbH, and ChampionX Corporation, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER