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The Expanding Automotive Sector Drives Growth In The Air Pressure Sensors Market: Key Factor Driving The Growth In The Air Pressure Sensors Market
Air Pressure Sensors Market
What Is the Expected Air Pressure Sensors Market Size During the Forecast Period?
The air pressure sensors market has shown solid performance, forecasted to grow from $18.43 billion in 2024 to $19.86 billion in 2025 at a CAGR of 7.8%. Growth in previous years was driven by innovations in vehicles, industrial automation, GPS enhancements, heightened safety awareness, and the need for precision monitoring.
The air pressure sensors market is projected to reach $26.43 billion by 2029 at a CAGR of 7.4%, supported by EV and AV growth, data analytics, connected vehicles, and urban challenges. Trends include AI integration, sustainable mobility, sensor fusion, personalization, and accuracy improvements.
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What Are the High-Growth Segments in the Air Pressure Sensors Market?
The air pressure sensors market covered in this report is segmented -
1) By Type: Absolute Air Pressure Sensor, Differential Air Pressure Sensor, Gauge Air Pressure Sensor
2) By Sensor Type: Wired Sensors, Wireless Sensors
3) By Technology: Piezoresistive, Capacitive, Electromagnetic, Resonant Solid-State, Optical, Other Technologies
4) By End-User: Automotive, Aerospace And Defense, Manufacturing, Medical, Other End-Users
Subsegments:
1) By Absolute Air Pressure Sensor: High-Precision Absolute Pressure Sensors, Low-Pressure Absolute Sensors, Absolute Pressure Sensors For Weather Forecasting, Altimeter And Aviation Applications, Absolute Pressure Sensors For Environmental Monitoring
2) By Differential Air Pressure Sensor: Low-Range Differential Pressure Sensors, High-Range Differential Pressure Sensors, Differential Pressure Sensors For Hvac Applications, Differential Pressure Sensors For Air Flow Monitoring, Differential Pressure Sensors For Industrial Equipment And Filtration
3) By Gauge Air Pressure Sensor: Automotive Gauge Pressure Sensors (Tire Pressure Monitoring), Industrial Gauge Pressure Sensors, Gauge Pressure Sensors For Hydraulic Systems, Gauge Sensors For Pneumatic Applications, Gauge Pressure Sensors For Process Control Systems
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What Key Drivers Are Expected to Influence Future Air Pressure Sensors Market Growth?
The growing automotive sector is increasing demand in the air pressure sensors market, where these sensors monitor key functions like tire and engine performance. In May 2023, the European Automobile Manufacturers Association reported global motor vehicle production reached 85.4 million units in 2022, a 5.7% rise over 2021.
Which Companies Hold the Largest Share Across Different Air Pressure Sensors Market Segments?
Major companies operating in the air pressure sensors market are Siemens AG, General Electric Company, Panasonic Corporation, Denso Corporation, Continental AG, Schneider Electric SE, Honeywell International Inc., Texas Instruments Incorporated, TE Connectivity Ltd., STMicroelectronics, Infineon Technologies AG, Murata Manufacturing Co. Ltd., NXP Semiconductors N.V., Amphenol Corporation, Analog Devices Inc., Autoliv Inc., Alps Alpine Co. Ltd., Omron Corporation, Ametek Inc., Sensata Technologies, Keller America Inc., Curtiss-Wright Corporation, Bourns Inc., First Sensor AG, Memsic Inc., Bosch Sensortec GmbH, E+E Elektronik, Delphi Technologies, BD|SENSORS GmbH
What Trends Are Driving Growth in The Air Pressure Sensors Market?
Companies in the air pressure sensors market are creating precise devices like barometric air pressure sensors to meet growing demand in automotive applications. In June 2023, Infineon Technologies AG, a Germany-based semiconductor company, introduced two XENSIV barometric sensors for engine management and seat systems. These sensors aim to improve accuracy and efficiency in vehicle operations by delivering reliable pressure readings.
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What Are the Emerging Geographies for The Air Pressure Sensors Market Growth?
Asia-Pacific was the largest region in the air pressure sensors market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the air pressure sensors 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 Air Pressure Sensors Market?
2. What is the CAGR expected in the Air Pressure Sensors Market?
3. What Are the Key Innovations Transforming the Air Pressure Sensors Industry?
4. Which Region Is Leading the Air Pressure Sensors Market?
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