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Automotive Pressure Sensor Market Overview, Key Trends, and Major Player Analysis
Automotive Pressure Sensor Market
Projected Market Size and Growth Outlook for Automotive Pressure Sensors
The global automotive pressure sensor market is forecasted to reach a value of $16.93 billion by 2030, growing at a consistent compound annual growth rate (CAGR) of 6.0%. This expansion will be driven primarily by the rise of electric and autonomous vehicles, increasing demand for real-time diagnostic capabilities, stricter safety standards, and advancements in smart vehicle architectures and connected car technologies. Important trends expected to influence growth during this period include the integration of multifunctional sensors, wider adoption of MEMS (Microelectromechanical Systems) sensors, the proliferation of tire pressure monitoring systems, demand for high-precision sensors, and the expansion of Advanced Driver Assistance Systems (ADAS) applications.
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Leading Companies Shaping the Automotive Pressure Sensor Industry
Key industry players dominating the automotive pressure sensor market include major global manufacturers such as Robert Bosch, DENSO Corporation, Continental AG, Sensata Technologies, TE Connectivity, STMicroelectronics, Infineon Technologies, NXP Semiconductors, Texas Instruments, Analog Devices, Amphenol Corporation, Honeywell, CTS Corporation, Elmos Semiconductor, Allegro MicroSystems, Melexis, TDK Corporation, Murata Manufacturing, Bosch Sensortec, Omron Corporation, Panasonic Corporation, and Valeo.
A notable development occurred in November 2023 when Millar Inc., a US-based pressure sensor device manufacturer focused on medical applications, acquired Sentron, a Dutch company specializing in integrated pressure and pH sensor production. This strategic acquisition represents a significant milestone for both firms, enabling enhanced innovation capabilities and offering new opportunities for global expansion.
Emerging Trends Driving Innovation in the Automotive Pressure Sensor Market
Automotive sensor manufacturers are increasingly centering their efforts on creating advanced products like tire pressure sensors to boost vehicle safety, performance, and provide real-time monitoring and alerts. Such sensors play a crucial role in preventing accidents and improving fuel efficiency by constantly transmitting tire pressure information to drivers.
For example, in September 2023, Germany-based Infineon Technologies AG introduced the XENSIV SP49 tire pressure monitoring sensor. This device combines MEMS sensor technology with an Application-Specific Integrated Circuit (ASIC), delivering smart tire features including on-tire auto-position sensing, tire inflation assistance, blowout detection, and load identification. The sensor's performance is powered by a robust 32-bit Arm M0+ core, large flash memory, and optimized acceleration sensing, marking a significant technological advance in this space.
View the full automotive pressure sensor market report:
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Comprehensive Breakdown of the Automotive Pressure Sensor Market Segments
This market report divides the automotive pressure sensor industry into several distinct segments to provide detailed insights:
1) Technology: Piezoelectric, Capacitive, Resonant, and Other Technologies
2) Fuel Type: Petrol, Diesel, Hybrid, and Other Fuel Types
3) Vehicle Type: Passenger Vehicles, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV)
4) Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
5) Application: Heating Ventilation and Air Conditioning (HVAC) Pressure Sensor, Fuel Pressure Sensor, Oil Pressure Sensor, Manifold Pressure Sensor, Tire Pressure Monitoring Sensor, Engine Control System, Power Steering, Transmission, Antilock Braking System (ABS), and Other Applications
Further subcategories include:
- Piezoelectric sensors classified as High-Pressure, Low-Pressure, Dynamic Pressure, and Differential Pressure Sensors
- Capacitive sensors segmented into Differential Capacitive, Absolute Capacitive, Gauge Capacitive, and Microcapacitive Pressure Sensors
- Resonant sensors featuring Surface Acoustic Wave (SAW), Quartz Crystal Resonance, and Resonant MEMS Pressure Sensors
- Other technologies covering Strain Gauge, Piezoresistive, Optical MEMS, MEMS-Based, and Capacitive MEMS Pressure Sensors
This detailed segmentation helps capture the diverse technologies, vehicle types, and application areas driving the continued evolution and growth of the automotive pressure sensor market worldwide.
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