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Pressure Sensor Market Forecast, Trend, Analysis and Competition Tracking – Global Market Insights 2022 to 2030

The global pressure sensor market size is expected to be worth around US$ 30.8 billion by 2030, according to a new report by Vision Research Reports.

The global pressure sensor market size was valued at US$ 18.5 billion in 2020 and is anticipated to grow at a CAGR of 5.6% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 30.8 billion by 2030
Growth Rate CAGR of 5.6% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, type, technology, application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned AlphaSense; City Technology Ltd.; Dynament Ltd.; Figaro Engineering Inc.; Membrapor AG.; Nemoto & Co., Ltd.; Robert Bosch LLC.; ABB Ltd.; Siemens AG.; and GfG Europe Ltd

Growth Factors

The growth can be attributed to the growing application of pressure sensors in automotive, aviation, and consumer electronic appliances. The advancements in Microelectromechanical Systems (MEMS) technology and its rapid adoption in connected devices are expected to create opportunities for market growth over the forecast period.

Furthermore, increasing consumer preference for compact electronic appliances is creating the need for MEMS pressure sensors. MEMS is the technology that miniaturizes electro-mechanical and mechanical elements that are made using microfabrication techniques. Various companies are focused on providing MEMS pressure sensors for selective industries. For instance, Robert Bosch is providing MEMS pressure sensors for the consumer and automotive industries while Honeywell and NXP are focusing on automotive, medical, industrial, and aviation verticals.

By Product Analysis

The absolute pressure sensor segment dominated the market in 2020 and accounted for more than 44% share of the global revenue. An absolute pressure sensor is a closed system that works by referencing a perfect vacuum and creates pressure readings that are unaffected by the atmospheric pressure.

The differential pressure sensor segment is anticipated to register the highest growth rate over the forecast period. Differential pressure sensors are used in industrial environments where a pressure difference is utilized to determine the flow of liquids and gases.

By Type Analysis

The wired segment dominated the market in 2020 and accounted for more than 86.0% share of the global revenue. A wired pressure sensor is available in different technologies such as photoelectric, capacitive, and inductive.

The wireless segment is expected to register the fastest growth over the forecast period. Wireless pressure sensors act as an effective replacement for traditional wired sensors.

By Technology Analysis

The piezoresistive segment dominated the market in 2020 and accounted for more than 27.0% share of the global revenue. Piezoresistive pressure sensors are used in a wide range of aerospace and industrial applications owing to their robustness, rapid response time, and high frequency.

The electromagnetic segment is anticipated to register the fastest growth over the forecast period. A growing focus on the property of converting applied pressure into an electrical signal by the electromagnetic pressure sensor is expected to drive the demand for these sensors in electrical applications over the forecast period.

By Application Analysis

The automotive segment dominated the market in 2020 and accounted for more than 26.0% share of the global revenue. Pressure sensors are used in electric cars to stop the doors from catching fingers.

 The industrial segment is anticipated to register the fastest growth over the forecast period. Differential pressure sensors are used for monitoring process flows where fluid needs to pass through barriers such as a filter.

By Regional Analysis

The Asia Pacific regional market dominated the pressure sensor market in 2020 and accounted for over 38.0% share of the global revenue. The increasing demand for consumer electronics such as tablets, wearable devices, and smartphones is driving the demand for pressure sensors in this region.

North America is expected to emerge as the fastest-growing regional market over the forecast period. The North American regional market is projected to witness growth owing to the high demand for pressure sensors in TPMS and EGR system applications in the automotive segment.

Key Players

  • AlphaSense
  • City Technology Ltd.
  • Dynament Ltd.
  • Figaro Engineering Inc.
  • Membrapor AG.
  • Nemoto & Co., Ltd.
  • Robert Bosch LLC.
  • ABB Ltd.
  • Siemens AG.
  • GfG Europe Ltd

Market Segmentation

  • By Product
    • Absolute Pressure Sensors
    • Differential Pressure Sensors
    • Gauge Pressure Sensors
  • By Type
    • Wired
    • Wireless
  • By Technology
    • Piezoresistive
    • Electromagnetic
    • Capacitive
    • Resonant Solid-State
    • Optical
    • Others
  • By Application
    • Automotive
    • Oil & Gas
    • Consumer Electronics
    • Medical
    • Industrial
    • Others
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
      • Russia
      • Nordic Region
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia
    • Latin America
      • Brazil
      • Argentina
    • Middle East & Africa
      • UAE
      • Saudi Arabia

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Technology Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Pressure Sensor Market, By Product

7.1.  Pressure Sensor Market, by Product, 2021-2030

7.1.1.    Absolute Pressure Sensors

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Differential Pressure Sensors

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Gauge Pressure Sensors

7.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Pressure Sensor Market, By Type

8.1.  Pressure Sensor Market, by Type, 2021-2030

8.1.1.    Wired

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Wireless

8.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Pressure Sensor Market, By Technology

9.1.  Pressure Sensor Market, by Technology, 2021-2030

9.1.1.    Piezoresistive

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Electromagnetic

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    Capacitive

9.1.3.1.        Market Revenue and Forecast (2017-2030)

9.1.4.    Resonant Solid-State

9.1.4.1.        Market Revenue and Forecast (2017-2030)

9.1.5.    Optical

9.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Pressure Sensor Market, By Application

10.1.        Pressure Sensor Market, by Application, 2021-2030

10.1.1.  Automotive

10.1.1.1.      Market Revenue and Forecast (2017-2030)

10.1.2.  Oil & Gas

10.1.2.1.      Market Revenue and Forecast (2017-2030)

10.1.3.  Consumer Electronics

10.1.3.1.      Market Revenue and Forecast (2017-2030)

10.1.4.  Medical

10.1.4.1.      Market Revenue and Forecast (2017-2030)

10.1.5.  Industrial

10.1.5.1.      Market Revenue and Forecast (2017-2030)

Chapter 11.      Global Pressure Sensor Market, Regional Estimates and Trend Forecast

11.1.        North America

11.1.1.  Market Revenue and Forecast, by Product (2017-2030)

11.1.2.  Market Revenue and Forecast, by Type (2017-2030)

11.1.3.  Market Revenue and Forecast, by Technology (2017-2030)

11.1.4.  Market Revenue and Forecast, by Application (2017-2030)

11.1.5.  U.S.

11.1.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.1.5.2.      Market Revenue and Forecast, by Type (2017-2030)

11.1.5.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.1.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.1.6.  Rest of North America

11.1.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.1.6.2.      Market Revenue and Forecast, by Type (2017-2030)

11.1.6.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.1.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.        Europe

11.2.1.  Market Revenue and Forecast, by Product (2017-2030)

11.2.2.  Market Revenue and Forecast, by Type (2017-2030)

11.2.3.  Market Revenue and Forecast, by Technology (2017-2030)

11.2.4.  Market Revenue and Forecast, by Application (2017-2030)

11.2.5.  UK

11.2.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.5.2.      Market Revenue and Forecast, by Type (2017-2030)

11.2.5.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.2.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.6.  Germany

11.2.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.6.2.      Market Revenue and Forecast, by Type (2017-2030)

11.2.6.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.2.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.7.  France

11.2.7.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.7.2.      Market Revenue and Forecast, by Type (2017-2030)

11.2.7.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.2.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.8.  Rest of Europe

11.2.8.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.8.2.      Market Revenue and Forecast, by Type (2017-2030)

11.2.8.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.2.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.        APAC

11.3.1.  Market Revenue and Forecast, by Product (2017-2030)

11.3.2.  Market Revenue and Forecast, by Type (2017-2030)

11.3.3.  Market Revenue and Forecast, by Technology (2017-2030)

11.3.4.  Market Revenue and Forecast, by Application (2017-2030)

11.3.5.  India

11.3.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.5.2.      Market Revenue and Forecast, by Type (2017-2030)

11.3.5.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.3.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.6.  China

11.3.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.6.2.      Market Revenue and Forecast, by Type (2017-2030)

11.3.6.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.3.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.7.  Japan

11.3.7.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.7.2.      Market Revenue and Forecast, by Type (2017-2030)

11.3.7.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.3.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.8.  Rest of APAC

11.3.8.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.8.2.      Market Revenue and Forecast, by Type (2017-2030)

11.3.8.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.3.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.        MEA

11.4.1.  Market Revenue and Forecast, by Product (2017-2030)

11.4.2.  Market Revenue and Forecast, by Type (2017-2030)

11.4.3.  Market Revenue and Forecast, by Technology (2017-2030)

11.4.4.  Market Revenue and Forecast, by Application (2017-2030)

11.4.5.  GCC

11.4.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.5.2.      Market Revenue and Forecast, by Type (2017-2030)

11.4.5.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.4.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.6.  North Africa

11.4.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.6.2.      Market Revenue and Forecast, by Type (2017-2030)

11.4.6.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.4.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.7.  South Africa

11.4.7.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.7.2.      Market Revenue and Forecast, by Type (2017-2030)

11.4.7.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.4.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.8.  Rest of MEA

11.4.8.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.8.2.      Market Revenue and Forecast, by Type (2017-2030)

11.4.8.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.4.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.5.        Latin America

11.5.1.  Market Revenue and Forecast, by Product (2017-2030)

11.5.2.  Market Revenue and Forecast, by Type (2017-2030)

11.5.3.  Market Revenue and Forecast, by Technology (2017-2030)

11.5.4.  Market Revenue and Forecast, by Application (2017-2030)

11.5.5.  Brazil

11.5.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.5.5.2.      Market Revenue and Forecast, by Type (2017-2030)

11.5.5.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.5.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.5.6.  Rest of LATAM

11.5.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.5.6.2.      Market Revenue and Forecast, by Type (2017-2030)

11.5.6.3.      Market Revenue and Forecast, by Technology (2017-2030)

11.5.6.4.      Market Revenue and Forecast, by Application (2017-2030)

Chapter 12.  Company Profiles

12.1.              Company 1

12.1.1.  Company Overview

12.1.2.  Product Offerings

12.1.3.  Financial PerTypeance

12.1.4.  Recent Initiatives

12.2.              Company 2

12.2.1.  Company Overview

12.2.2.  Product Offerings

12.2.3.  Financial PerTypeance

12.2.4.  Recent Initiatives

12.3.              Company 3

12.3.1.  Company Overview

12.3.2.  Product Offerings

12.3.3.  Financial PerTypeance

12.3.4.  Recent Initiatives

12.4.              Company 4

12.4.1.  Company Overview

12.4.2.  Product Offerings

12.4.3.  Financial PerTypeance

12.4.4.  Recent Initiatives

12.5.              Company 5

12.5.1.  Company Overview

12.5.2.  Product Offerings

12.5.3.  Financial PerTypeance

12.5.4.  Recent Initiatives

12.6.              Company 6

12.6.1.  Company Overview

12.6.2.  Product Offerings

12.6.3.  Financial PerTypeance

12.6.4.  Recent Initiatives

12.7.              Company 7

12.7.1.  Company Overview

12.7.2.  Product Offerings

12.7.3.  Financial PerTypeance

12.7.4.  Recent Initiatives

12.8.              Company 8

12.8.1.  Company Overview

12.8.2.  Product Offerings

12.8.3.  Financial PerTypeance

12.8.4.  Recent Initiatives

12.9.              Company 9

12.9.1.  Company Overview

12.9.2.  Product Offerings

12.9.3.  Financial PerTypeance

12.9.4.  Recent Initiatives

12.10.           Company 10

12.10.1.               Company Overview

12.10.2.               Product Offerings

12.10.3.               Financial PerTypeance

12.10.4.               Recent Initiatives

12.11.           Company 11

12.11.1.               Company Overview

12.11.2.               Product Offerings

12.11.3.               Financial PerTypeance

12.11.4.               Recent Initiatives

Chapter 13.  Research Methodology

13.1.              Primary Research

13.2.              Secondary Research

13.3.              Assumptions

Chapter 14.  Appendix

14.1.              About Us

14.2.              Glossary of Terms

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