Press release
MEMS Pressure Sensor Market revenue is expected to grow at a CAGR of 8% from 2024 to 2030, reaching nearly USD 19.74 Billion by 2030.
MEMS Pressure Sensor Market
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MEMS Pressure Sensor Market Report Scope
Market Size in 2023: USD 11.68 Billion
Market Size in 2030: USD 19.74 Billion
CAGR: 8 Percent
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 267
No. of Tables: 87
No. of Charts and Figures: 75
Segment Covered: By Type, Application.
Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage: Market Share, Size and Forecast by Revenue | 2023-2030, Market
Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends,
Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition
Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
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MEMS Pressure Sensor Market Report Scope and Research Methodology
To study the MEMS Pressure Sensor Market comprehensively, a research methodology is carried out by defining the scope of the market, including its segments, applications, and geographical regions. This research methodology gives strategic recommendations based on comprehensive insight into the market dynamics, opportunities, and challenges regarding the MEMS Pressure Sensor Market
MEMS Pressure Sensor Market Dynamics
The growth of the MEMS pressure sensor market is being fuelled by the rising production of cars and the need for improved safety features. Additionally, the proliferation of smartphones, wearables, and other consumer electronics incorporating MEMS pressure sensors for functions like altitude detection and indoor navigation is significantly boosting the market. MEMS pressure sensors are widely used in medical devices for applications such as blood pressure monitors, infusion pumps, and respiratory systems. The need for these sensors in healthcare applications is being driven by the aging population, rising chronic illness prevalence, and the requirement for remote patient monitoring. Although MEMS pressure sensors are commonly utilized across various sectors, there are certain industries that still limit their use due to factors such as obsolete technology, lack of awareness, or perceived challenges with implementation.
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MEMS Pressure Sensor Market Regional analysis
Asia Pacific dominated region in the MEMS Pressure Sensor Market with the highest share in 2023. Asia-Pacific is a renowned manufacturing center that is experiencing fast growth. According to IBEF, in 2021, the total number of passenger vehicles produced in India was 22,652,88. The Department for Promotion of Industry and Internal Trade, industry attracted USD 30.51 billion in Foreign Direct Investment (FDI) between April 2000 and June 2021, representing 5.5%of overall FDI.
MEMS Pressure Sensor Market Segmentation
By Type:
• Silicon Piezoresistive
• Silicon Capacitive
By Application:
• Automotive
• Consumer Electronics
• Industrial
• Medical
• Aerospace and Defence
• Environmental Monitoring
• Others
𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/global-mems-pressure-sensor-market/86975/
MEMS Pressure Sensor Market 's Key Players include
• First Sensor AG
• Bosch Sensortec GmbH
• Honeywell International Inc.
• Murata Manufacturing Co. Ltd.
• ROHM Co. Ltd.
• Amphenol Corporation
• InvenSense Inc. (TDK Corporation)
• Sensata Technologies Inc.
• NXP Semiconductors NV (Freescale)
• Goertek Inc.
Key questions answered in the MEMS Pressure Sensor Market are
• What is the growth rate of the MEMS Pressure Sensor Market?
• Which region is expected to dominate the MEMS Pressure Sensor Market?
• What is the expected MEMS Pressure Sensor Market size by 2030?
• Which are the top players in the MEMS Pressure Sensor Market?
• What are the factors driving the MEMS Pressure Sensor Market growth?
• Which country held the largest MEMS Pressure Sensor Market share in 2023?
Key offerings
• Past Market Size and Competitive Landscape (2018 to 2023)
• Past Pricing and price curve by region (2018 to 2023)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis of the Type, Application and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Recommendations
Maximize Market Research is leading Electronics research firm, has also published the following reports:
Global Board Mount Pressure Sensor market size was US$ 2.93 Bn in 2022 and is expected to reach US$ 5.33 Bn by 2029, at a CAGR of 10% during the forecast period.
Global Pressure Sensor market size was US$ 13.78 Bn in 2023 and is expected to reach US$ 23.36 Bn by 2030, at a considerable CAGR of 7.83 during the forecast period.
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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