Press release
Pressure Sensor Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Pressure Sensor
What Is the Projected Growth of the Pressure Sensor Market?
The size of the pressure sensor market has witnessed robust growth in the past few years. The industry, valued at $14.81 billion in 2024, is predicted to expand to $16.16 billion in 2025, marking a compound annual growth rate (CAGR) of 9.1%. The surge in historical period growth can be credited to the application of pressure sensors in IoT frameworks, augmented use in the automobile industry, and the rise in military expenditure.
Anticipated to witness significant expansion in the coming years, the pressure sensor market is projected to reach $23.46 billion by 2029, advancing at a compound annual growth rate (CAGR) of 9.8%. This projected growth during the forecast period is largely due to an increased demand for pressure sensors in the realm of consumer electronics, the ongoing shift towards industrial automation and Internet of Things (IoT) in emerging countries, and the escalating use of pressure sensors in industrial operations. The forecast period is likely to see major trends such as advancements in pressure sensor technology, the advent of miniature front-flush pressure sensors, formation of strategic alliances, the emergence of barometric pressure sensors, and innovation in products.
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What Are the Different Pressure Sensor Market Segments?
The pressure sensor market covered in this report is segmented -
1) By Product Type: Absolute Pressure Sensor, Gauge Pressure Sensor, Differential Pressure Sensor, Others
2) By Technology: Piezoresistive, Capacitive, Resonant Solid-State, Electromagnetic, Optical, Piezoelectric, Others
3) By Output: Analog, Digital
4) By Sensor Type: Wired, Wireless
5) By Application: Automotive, Industrial, Consumer Electronics, Healthcare, Oil And Gas, Aerospace And Defense, Other Applications
Subsegments:
1) By Absolute Pressure Sensor: Capacitive Absolute Pressure Sensors, Piezoelectric Absolute Pressure Sensors, Strain Gauge Absolute Pressure Sensors
2) By Gauge Pressure Sensor: Capacitive Gauge Pressure Sensors, Piezoelectric Gauge Pressure Sensors, Strain Gauge Gauge Pressure Sensors
3) By Differential Pressure Sensor: Capacitive Differential Pressure Sensors, Piezoelectric Differential Pressure Sensors, Strain Gauge Differential Pressure Sensors
4) By Others: Sealed Pressure Sensors, Vacuum Pressure Sensors, Smart Pressure Sensors
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What Are the Primary Drivers Shaping the Pressure Sensor Market?
The proliferation of pressure sensors in industrial uses is projected to boost the expansion of the pressure sensor market. Pressure sensors, in automation and industry, function in systems to quantify factors like speed, fluid/gas movement, water level, and height. To illustrate, Schott, a German company specialising in the production of glass and glass components, stated that an estimated 2 billion pressure sensors are annually manufactured, and this production count is projected to escalate by 7% yearly. Consequently, the increasing integration of pressure sensors in industrial applications is stimulating the pressure sensor market's progression.
Which Companies Are Leading in the Pressure Sensor Market?
Major companies operating in the pressure sensor market include Sensata Technologies Inc, Siemens AG, Rockwell Automation Inc, Amphenol Corporation, Honeywell International Inc, Robert Bosch, ABB Ltd, Infineon Technologies AG, Emerson Electric Co, TE Connectivity, Shanghai Zhaohui Pressure Apparatus CO.Ltd, Alpha Instruments, Lefoo Industrial Co. Ltd, Xi'an UTOP Measurement Instrument Co. Ltd, TM Sensor, Sendo Sensor, Shaanxi Sutao Electromechanical Technology, Meokon Sensor Technology (Shanghai) Co. Ltd, JUMO Automation Dalian Co. Ltd, Changsha Taihe Electronic Equipment Co, Shaanxi Sier Electronics Co. Ltd, Xi'an Huaheng Instrument Co. Ltd, Sunsui Process System, Crystal Vision, SRI Electronics, Precision Mass Products Pvt. Ltd, Sunder Electronics, Rocksensor, TURCK India Automation Pvt, Trumen, MEIYO ELECTRIC Co Ltd, PURERON JAPAN, SENSEZ Corporation, VALCOM CO. LTD, ADZ NAGANO GmbH, Analog Microelectronics, Barksdale GmbH, Baumer Group, BECKHOFF Automation GmbH & Co.KG, Bronkhorst High-Tech BV, DJB Instruments, E+E Elektronik Ges.m.b.H, ESI Technology Ltd, AHLBORN Mess- und Regelungstechnik GmbH, AMSYS GmbH, Angst+Pfister Sensors and Power, B+B Thermo-Technik GmbH, BCM Sensor Technologies, burster präzisionsmesstechnik gmbh & co kg, Delphin Technology AG, Driesen+Kern GmbH, ES Systems, ZETLAB, NPO Vakuummash, CJSC EMIS, KELLER Polska, Krohne Messtechnik GmbH, WIKA Bulgaria EOOD, COMECO SA, General Electric Company, Anfield Sensors Inc, XSENSOR Technology Corporation, Baumer Brazil, Parker Hannifin Argentina SAIC, Druck, Dubai Sensor, Caltrols Middle East FZCO, Control Tech Middle East, SICK FZE, Riken Keiki Middle East, SMC Corporation Middle East FZE, PHOENIX CONTACT Middle East FZ LLC, WIKA Middle East FZE, All Sensors Corporation, Bosch Rexroth SA Group, Thermon South Africa (Pty) Ltd, PROCONTROL INSTRUMENTATION, ASSTech Process Electronics + Instrumentation Cc, Blanes Pressure Solutions, Test And Measurement Instruments C.C., Parker, SA Gauge, Robertec
What Trends Are Expected to Dominate the Pressure Sensor Market in the Next 5 Years?
In the pressure sensor market, the rise in technological advancements is a notable trend. Tekscan, a company based in the US that manufactures pressure mapping systems, for example, released a pressure mapping sensor specifically created to tackle the difficulties of measuring interface pressure in battery research and development (R&D) and production in February 2024. The goal of this groundbreaking system is to deliver actionable insights to detect possible design problems in batteries, thereby resulting in superior, more dependable, and safer energy storage solutions.
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What Are the Top Revenue-Generating Geographies in the Pressure Sensor Market?
North America was the largest region in the pressure sensor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pressure sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Pressure Sensor Market?
2. What is the CAGR expected in the Pressure Sensor Market?
3. What Are the Key Innovations Transforming the Pressure Sensor Industry?
4. Which Region Is Leading the Pressure Sensor Market?
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