Global Pressure Sensors Market Research Report– Product Type (Absolute, Differential, Vacuum), Technology (Piezoresistive, Capacitive, Electromagnetic, Optical Pressure Sensors), Vertical (Aviation, Automotive, Medical, Oil & Gas) –– Forecast Till 2023

ID: MRFR/SEM/4638-HCR | February 2021 | Region: Global | 100 pages

A pressure sensor is used for pressure measurement of gases or liquids. The sensors make use of IC fabrication technology made on silicon wafers, which helps in monitoring and controlling the pressure of gases and liquids. These sensors are capable of measuring different types of pressures such as vacuum, absolute, gauge, and differential pressure., The rising demand for pressure sensors in automotive and medical applications is primarily driving the market. The growing applications of pressure sensors in consumer electronics and advancements in MEMS (Micro-electromechanical systems) are fuelling the market growth. However, the intense pricing structure of pressure sensors is hampering the market growth., In the area of automotive, pressure sensors help in measuring the pressure of various media and thus help in aiding support engine management and safety systems. In diesel engines, pressure sensors help in monitoring air volume and exhaust gas pressure at exhaust gas recirculation (EGR) systems, thereby increasing the efficiency of the engine. High accuracy pressure sensors are used in automobiles for altitude correction when driving at high altitudes. In addition, they are also used in airbag systems, air-conditioning, tire pressure monitoring and many others. Favorable government regulations such as TREAD Act of the U.S. regarding use of pressure sensors in tire monitoring systems are fuelling the market growth. Medical is another major area where the demand for pressure sensors is on the rise. Devices which measure blood pressure monitoring & ventilators, respiration & sleep apnea require pressure sensors which are driving the demand for pressure sensors., In May 2018, Silicon Microstructures Inc. launched SM933X Series ultra-low pressure sensors which are cable of measuring sensitive pressure in HVAC, medical, and industrial applications. In medical, these sensors are used for CPAP (Continuous Positive Airway Pressure) flow sensing., Segmentation, The global pressure sensor market is segmented into product type, technology, vertical, and region. On the basis of product type, the market is further classified into absolute pressure sensors, differential pressure sensors, gauge pressure sensors, vacuum pressure sensors, and many others. On the basis of technology, the market is further classified into piezoresistive pressure sensors, capacitive pressure sensors, electromagnetic pressure sensors, optical pressure sensors, and many others.

Market Synopsis

The rising demand for pressure sensors in automotive and medical applications is primarily driving the market. The growing applications of pressure sensors in consumer electronics and advancements in MEMS (Micro-electromechanical systems) are fuelling the market growth. However, the intense pricing structure of pressure sensors is hampering the market growth.

In the area of automotive, pressure sensors help in measuring the pressure of various media and thus help in aiding support engine management and safety systems. In diesel engines, pressure sensors help in monitoring air volume and exhaust gas pressure at exhaust gas recirculation (EGR) systems, thereby increasing the efficiency of the engine. High accuracy pressure sensors are used in automobiles for altitude correction when driving at high altitudes. In addition, they are also used in airbag systems, air-conditioning, tire pressure monitoring and many others. Favorable government regulations such as TREAD Act of the U.S. regarding use of pressure sensors in tire monitoring systems are fuelling the market growth. Medical is another major area where the demand for pressure sensors is on the rise. Devices which measure blood pressure monitoring & ventilators, respiration & sleep apnea require pressure sensors which are driving the demand for pressure sensors.

In May 2018, Silicon Microstructures Inc. launched SM933X Series ultra-low pressure sensors which are cable of measuring sensitive pressure in HVAC, medical, and industrial applications. In medical, these sensors are used for CPAP (Continuous Positive Airway Pressure) flow sensing.

Segmentation

The global pressure sensor market is segmented into product type, technology, vertical, and region. On the basis of product type, the market is further classified into absolute pressure sensors, differential pressure sensors, gauge pressure sensors, vacuum pressure sensors, and many others. On the basis of technology, the market is further classified into piezoresistive pressure sensors, capacitive pressure sensors, electromagnetic pressure sensors, optical pressure sensors, and many others. On the basis of vertical, the market is further classified into aviation, automotive, medical, marine, Oil & gas, consumer electronics, medical, and many others.

Pressure Sensors

SOURCE: Company websites, annual reports, white papers, MRFR analysis

The global pressure sensor market is estimated to reach USD 12 billion with CAGR 6% through the forecast period 2023

Regional Analysis

The global pressure sensors market is studied for North America, Europe, Asia Pacific and rest of the world. Asia Pacific is expected to hold major market share through the forecast period. The increase in deployment of pressure sensors for automated storage and retrieval systems and raising awareness about the advantages of automated systems are driving the market in this region. However, North America and Europe are anticipated to show significant growth rate during the forecast period. The advancements in MEMS (Microelectromechanical systems) technology and their adoption across connected devices are also driving the market in this region. The demand for high-efficient and cost-effective products are driving demand for global pressure sensor market.

Some of the key players in the global pressure sensors market are Honeywell International Inc. (U.S.), ABB (Switzerland), NXP Semiconductors (the Netherlands), Infineon Technologies (Germany), Emerson Electric (U.S.), General Electric (U.S.), Siemens AG (Germany), STMicroelectronics (Switzerland), Robert Bosch GmbH (Germany), Texas Instruments (U.S.), MRON Corporation (Japan) and many others.

Some of the key innovators in this market are Denso Corporation (Japan), TE Connectivity (Switzerland), Continental AG (Germany), Aptiv PLC (U.K), Sensata Technologies Holding PLC (U.K), Pricol Ltd (India), Taiwan Semiconductors (Taiwan), Renesas Corporation (Japan), Samsung Electronics (South Korea), Sony Corporation (Japan), Toshiba Corporation (Japan) and many others.

Intended Audience

Raw material suppliers

Component manufacturers

Original equipment manufacturers (OEMs)

Integrated device manufacturers (IDMs)

Technology, service, and solution providers

System integrators

Technology investors

Market research and consulting firms

Frequently Asked Questions (FAQ) :

What is the valuation of the global pressure sensor market?

The global pressure sensor market is expected to be valued at USD 12 billion by 2023.

What is the CAGR of the market?

The global pressure sensor market is expected to exhibit a strong 6% CAGR over the forecast period from 2017 to 2023.

What is the major driver for the market?

The rising demand for pressure sensors in automotive and medical applications is the major driver for the pressure sensor market.

What is the leading regional market?

Asia Pacific holds the major market share in the global pressure sensor market.

What are the leading players in the market?

Pricol Ltd., TE Connectivity, Denso Corporation, Renesas Corporation, Continental AG, and Aptiv PLC are among the leading players in the global pressure sensor market.

TABLE OF CONTENTS

1 Executive Summary

2 The scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Pressure Sensor Market

5 Vertical Overview of Global Pressure Sensor Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Pressure Sensor Market by Product Type

7.1 Introduction

7.2 Absolute Pressure Sensors

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 Differential Pressure Sensors

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.4 Gauge Pressure Sensors

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Region, 2017-2023

7.5 Vaccum Pressure Sensors

7.5.1 Market Estimates & Forecast, 2017-2023

7.5.2 Market Estimates & Forecast by Region, 2017-2023

7.6 Others

7.6.1 Market Estimates & Forecast, 2017-2023

7.6.2 Market Estimates & Forecast by Region, 2017-2023
8. Global Pressure Sensor Market by Technology

8.1 Introduction

8.2 Piezoresistive Pressure Sensors

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Region, 2017-2023

8.3 Capacitive Pressure Sensors

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Region, 2017-2023

8.4 Electromagnetic Pressure Sensors

8.4.1 Market Estimates & Forecast, 2017-2023

8.4.2 Market Estimates & Forecast by Region, 2017-2023

8.5 Optical Pressure Sensors

8.5.1 Market Estimates & Forecast, 2017-2023

8.5.2 Market Estimates & Forecast by Region, 2017-2023

8.6 Others

8.6.1 Market Estimates & Forecast, 2017-2023

8.6.2 Market Estimates & Forecast by Region, 2017-2023

9. Global Pressure Sensor Market by Vertical

9.1 Introduction

9.2 Automotive

9.2.1 Market Estimates & Forecast, 2017-2023

9.2.2 Market Estimates & Forecast by Region, 2017-2023

9.3 Aviation

9.3.1 Market Estimates & Forecast, 2017-2023

9.3.2 Market Estimates & Forecast by Region, 2017-2023

9.4 Medical

9.4.1 Market Estimates & Forecast, 2017-2023

9.4.2 Market Estimates & Forecast by Region, 2017-2023

9.5 Oil & Gas

9.5.1 Market Estimates & Forecast, 2017-2023

9.5.2 Market Estimates & Forecast by Region, 2017-2023

9.6 Others

9.6.1 Market Estimates & Forecast, 2017-2023

9.6.2 Market Estimates & Forecast by Region, 2017-2023

10. Global Pressure Sensor Market by Region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, 2017-2023

10.2.2 Market Estimates & Forecast by Product Type, 2017-2023

10.2.3 Market Estimates & Forecast by Technology, 2017-2023

10.2.4 Market Estimates & Forecast by Vertical, 2017-2023

10.2.5 U.S.

10.2.5.1 Market Estimates & Forecast, 2017-2023

10.2.5.2 Market Estimates & Forecast by Product Type, 2017-2023

10.2.5.3 Market Estimates & Forecast by Technology, 2017-2023

10.2.5.4 Market Estimates & Forecast by Vertical, 2017-2023

10.2.6 Mexico

10.2.6.1 Market Estimates & Forecast, 2017-2023

10.2.6.2 Market Estimates & Forecast by Product Type, 2017-2023

10.2.6.3 Market Estimates & Forecast by Technology, 2017-2023

10.2.6.4 Market Estimates & Forecast by Vertical, 2017-2023

10.2.7 Canada

10.2.7.1 Market Estimates & Forecast, 2017-2023

10.2.7.2 Market Estimates & Forecast by Product Type, 2017-2023

10.2.7.3 Market Estimates & Forecast by Technology, 2017-2023

10.2.7.4 Market Estimates & Forecast by Vertical, 2017-2023

10.3 Europe

10.3.1 Market Estimates & Forecast, 2017-2023

10.3.2 Market Estimates & Forecast by Product Type, 2017-2023

10.3.3 Market Estimates & Forecast by Technology, 2017-2023

10.3.4 Market Estimates & Forecast by Vertical, 2017-2023

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast, 2017-2023

10.3.5.2 Market Estimates & Forecast by Product Type, 2017-2023

10.3.5.3 Market Estimates & Forecast by Technology, 2017-2023

10.3.5.4 Market Estimates & Forecast by Vertical, 2017-2023

10.3.6. France

10.3.6.1 Market Estimates & Forecast, 2017-2023

10.3.6.2 Market Estimates & Forecast by Product Type, 2017-2023

10.3.6.3 Market Estimates & Forecast by Technology, 2017-2023

10.3.6.4 Market Estimates & Forecast by Vertical, 2017-2023

10.3.7 U.K

10.3.7.1 Market Estimates & Forecast, 2017-2023

10.3.7.2 Market Estimates & Forecast by Product Type, 2017-2023

10.3.7.3 Market Estimates & Forecast by Technology, 2017-2023

10.3.7.4 Market Estimates & Forecast by Vertical, 2017-2023

10.4 Asia Pacific

10.4.1 Market Estimates & Forecast, 2017-2023

10.4.2 Market Estimates & Forecast by Product Type, 2017-2023

10.4.3 Market Estimates & Forecast by Technology, 2017-2023

10.4.4 Market Estimates & Forecast by Vertical, 2017-2023

10.4.5 China

10.4.5.1 Market Estimates & Forecast, 2017-2023

10.4.5.2 Market Estimates & Forecast by Product Type, 2017-2023

10.4.5.3 Market Estimates & Forecast by Technology, 2017-2023

10.4.5.4 Market Estimates & Forecast by Vertical, 2017-2023

10.4.6 India

10.4.6.1 Market Estimates & Forecast, 2017-2023

10.4.6.2 Market Estimates & Forecast by Product Type, 2017-2023

10.4.6.3 Market Estimates & Forecast by Technology, 2017-2023

10.4.6.4 Market Estimates & Forecast by Vertical, 2017-2023

10.4.7 Japan

10.4.7.1 Market Estimates & Forecast, 2017-2023

10.4.7.2 Market Estimates & Forecast by Product Type, 2017-2023

10.4.7.3 Market Estimates & Forecast by Technology, 2017-2023

10.4.7.4 Market Estimates & Forecast by Vertical, 2017-2023

10.4.8 Rest of Asia Pacific

10.4.8.1 Market Estimates & Forecast, 2017-2023

10.4.8.2 Market Estimates & Forecast by Product Type, 2017-2023

10.4.8.3 Market Estimates & Forecast by Technology, 2017-2023

10.4.8.4 Market Estimates & Forecast by Vertical, 2017-2023

10.5 Rest of the World

10.5.1 Market Estimates & Forecast, 2017-2023

10.5.2 Market Estimates & Forecast by Product Type, 2017-2023

10.5.3 Market Estimates & Forecast by Technology, 2017-2023

10.5.4 Market Estimates & Forecast by Vertical, 2017-2023

10.5.5 The Middle East & Africa

10.5.5.1 Market Estimates & Forecast, 2017-2023

10.5.5.2 Market Estimates & Forecast by Product Type, 2017-2023

10.5.5.3 Market Estimates & Forecast by Technology, 2017-2023

10.5.5.4 Market Estimates & Forecast by Vertical, 2017-2023

10.5.6 Latin Countries

10.5.6.1 Market Estimates & Forecast, 2017-2023

10.5.6.2 Market Estimates & Forecast by Product Type, 2017-2023

10.5.6.3 Market Estimates & Forecast by Technology, 2017-2023

10.5.6.4 Market Estimates & Forecast by Vertical, 2017-2023

11. Company Landscape

12. Company Profiles

12.1 Honeywell International Inc. (U.S.)

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 ABB (Switzerland)

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 NXP Semiconductors (the Netherlands)

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 Infineon Technologies (Germany)

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 Emerson Electric (U.S.)

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 General Electric (U.S.)

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 Siemens AG (Germany)

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 STMicroelectronics (Switzerland)

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 Robert Bosch GmbH (Germany)

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 Texas Instruments (U.S.)

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

13 Conclusion
LIST OF TABLES
Table 1 Global Pressure Sensor Market: By Region, 2017-2023

Table 2 North America Pressure Sensor Market: By Country, 2017-2023

Table 3 Europe Pressure Sensor Market: By Country, 2017-2023

Table 4 Asia Pacific Pressure Sensor Market: By Country, 2017-2023

Table 5 The Middle East & Africa Pressure Sensor Market: By Country, 2017-2023

Table 6 Latin America Pressure Sensor Market: By Country, 2017-2023

Table 7 Global Pressure Sensor by Technology Market: By Regions, 2017-2023

Table 8 North America Pressure Sensor by Technology Market: By Country, 2017-2023

Table 9 Europe Pressure Sensor by Technology Market: By Country, 2017-2023

Table10 Asia Pacific Pressure Sensor by Technology Market: By Country, 2017-2023

Table11 The Middle East & Africa Pressure Sensor by Technology Market: By Country, 2017-2023

Table13 Latin America Pressure Sensor by Technology Market: By Country, 2017-2023

Table13 Global Pressure Sensor by Service Model Market: By Regions, 2017-2023

Table14 North America Pressure Sensor by Service Model Market: By Country, 2017-2023

Table15 Europe Pressure Sensor by Service Model Market: By Country, 2017-2023

Table16 Asia Pacific Pressure Sensor by Service Model Market: By Country, 2017-2023

Table17 The Middle East & Africa Pressure Sensor by Service Model Market: By Country, 2017-2023

Table18 Latin America Pressure Sensor by Service Model Market: By Country, 2017-2023

Table19 North America Pressure Sensor Market: By Country, 2017-2023

Table20 Europe Pressure Sensor Market: By Country, 2017-2023

Table21 Asia Pacific Pressure Sensor Market: By Country, 2017-2023

Table22 The Middle East & Africa Pressure Sensor: By Country, 2017-2023

Table23 Latin America Pressure Sensor Market: By Country, 2017-2023

Table24 Global Technology Market: By Region, 2017-2023

Table25 North America Pressure Sensor Market, By Country

Table26 North America Pressure Sensor Market, By Product Type

Table27 North America Pressure Sensor Market, By Technology

Table29 North America Pressure Sensor Market, By Vertical

Table30 Europe Pressure Sensor Market, By Country

Table31 Europe Pressure Sensor Market, By Product Type

Table32 Europe Pressure Sensor Market, By Technology

Table33 Europe Pressure Sensor Market, By Vertical

Table34 Asia Pacific: Pressure Sensor Market, By Country

Table35 Asia Pacific Pressure Sensor Market, By Product Type

Table36 Asia Pacific Pressure Sensor Market, By Technology

Table37 Asia Pacific Pressure Sensor Market, By Vertical

Table38 The Middle East & Africa: Pressure Sensor Market, By Country

Table39 The Middle East & Africa Pressure Sensor Market, By Product Type

Table40 The Middle East & Africa Pressure Sensor Market, By Technology

Table41 The Middle East & Africa Pressure Sensor Market, By Vertical

Table42 Latin America: Pressure Sensor Market, By Country

Table43 Latin America Pressure Sensor Market, By Product Type

Table44 Latin America Pressure Sensor Market, By Technology

Table45 Latin America Pressure Sensor Market, By Vertical
LIST OF FIGURES
FIGURE 1 Global Pressure Sensor Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Pressure Sensor Market

FIGURE 4 Value Chain of Global Pressure Sensor Market

FIGURE 5 Share of Global Pressure Sensor Market in 2017, by country (in %)

FIGURE 6 Global Pressure Sensor Market, 2017-2023,

FIGURE 7 Sub-segments of Technology

FIGURE 8 Global Pressure Sensor Market size by Product Type, 2017

FIGURE 9 Share of Global Pressure Sensor Market by Product Type, 2017 TO 2023

FIGURE 10 Global Pressure Sensor Market size by Technology, 2017 TO 2023

FIGURE 11 Share of Global Pressure Sensor Market by Technology, 2017 TO 2023

FIGURE 12 Global Pressure Sensor Market size by Vertical, 2017 TO 2023

FIGURE 13 Share of Global Pressure Sensor Market by Vertical, 2017 TO 2023