PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1927722
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1927722
The Pressure Sensor Market size was valued at US$20,786.43 Million in 2024, expanding at a CAGR of 4.2% from 2025 to 2032.
A pressure sensor is a sensing device that detects, measures, and converts physical pressure (from gases or liquids) into a usable electrical signal-such as voltage, current, or digital output-which control systems can monitor and display and process. The system detects force through its designated pressure area which creates mechanical deformation that the system converts into an electrical signal through various sensing technologies including piezoresistive, capacitive, piezoelectric, and optical sensors. Pressure sensors serve multiple industries for monitoring and controlling operational conditions in automotive systems and industrial process control and consumer electronics and healthcare devices and environmental monitoring applications that require precise pressure measurements for safety and efficiency and operational performance.
Pressure Sensor Market- Market Dynamics
Advancement in technology
The constant development of new technologies drives market growth because it keeps on improving the performance, reliability and cost-effectiveness of contemporary systems and devices. The development of miniaturization and digital integration together with better materials and advanced manufacturing methods allows products to achieve superior accuracy and quick response times while using less energy and lasting longer. The new developments provide businesses with multiple industrial applications because they enable companies to implement automatic systems and monitor their operations and make decisions based on data while achieving compliance with the latest regulations and efficiency standards. Organizations now use advanced technologies to boost their productivity while decreasing operational risks so they can achieve better market growth.
For instance, in January 2024, Melexis in Belgium has launched its first MEMS pressure sensor using a new patented architecture called Triphibian. The Triphibian MEMS pressure sensor developed by Melexis handles gas and liquid media measurement from 2 to 70 bar in a 16pin SO16 package. The sensing mechanism contains a suspended cantilever with the diaphragm at its tip. The system protects against pressure spikes which reach up to 2000 bar/msec and it can withstand static bursts that reach 210 bar. The two available calibrated ranges (10 or 35 bar) are each tailored to fulfill the demands of a distinct EV thermal management system, including low/high-pressure refrigeration loops. The factory-calibrated device measures the absolute pressure and delivers a proportional analog output signal to simplify the system integration into the latest electric vehicles (EVs) thermal management systems. The MEMS sensor uses Triphibian technology to measure accurate results which extend beyond 5 bar and operate correctly while the sensor touches water according to Melexis.
By Product
In 2024, the absolute pressure sensor held a high revenue share. An absolute pressure sensor functions as a closed system which establishes a perfect vacuum reference point to measure pressure without interference from atmospheric conditions. Absolute pressure sensors find application in industrial environments that need to monitor high-performance vacuum pumps. The need for error-free engine performance which ensures vehicle safety and security drives the growth of this market segment. The segment experiences growth because medical organizations increasingly require absolute pressure sensors to maintain sterile conditions during vacuum packaging of medical products.
By Application
The automotive dominates the market. Electric cars use pressure sensors which prevent door mechanisms from pinching fingers. Worldwide pressure sensor companies are developing new pressure sensors and systems which measure dynamic pressure in vehicles. Pressure sensors function in engine management systems to track intake manifold pressure which helps optimize fuel delivery. The system creates two advantages which help to achieve improved fuel efficiency and lower emissions. The automotive segment shows increasing product demand because of these advantages.
Pressure Sensor Market- Geographical Insights
North America holds the largest revenue share over the projected period. This growth exists because pressure sensors are highly needed in TPMS and EGR system applications which automotive companies use. The market expansion, which occurs in this area, results from the presence of major companies that operate in this region. The market in this area experiences growth because industries such as oil & gas and petrochemical and medical fields show increasing demand for pressure sensors. Moreover, the growing product launch in the area florish the industry growth. For instance, in September 2023, Baker Hughes launched its Druck hydrogen-rated pressure sensors which engineers designed to operate in hydrogen-based environments. The sensors function properly in gas turbines and hydrogen production electrolysis and hydrogen filling stations.
The pressure sensor market competitive landscape is characterized by the presence of well-established global players alongside specialized regional and niche manufacturers which results in moderate market fragmentation that depends on various applications. The market is controlled by major multinational corporations which include Honeywell Bosch TE Connectivity STMicroelectronics ABB and Emerson Electric because these companies maintain extensive product ranges and advanced research capabilities while building enduring partnerships with automotive and industrial and healthcare original equipment manufacturers. The players in the industry use technological differentiation to develop products which combine MEMS-based miniaturization with digital output integration and higher accuracy and improved reliability which withstand extreme conditions. The smaller manufacturers and regional suppliers compete in the market through their ability to deliver affordable products that can be tailored according to customer needs while they achieve faster product development which benefits customers who need affordable solutions for consumer electronics and fundamental industrial monitoring. The strategic initiatives of companies which include mergers and acquisitions and product innovation and expansion into high-growth regions like Asia-Pacific increase market competition because companies face pricing challenges in standard products while they achieve higher profit margins in certified industrial and medical and automotive safety applications.
In March 2025, Biotech Fluidics introduced QuickStart, a high-precision digital in-line pressure sensor designed for easy integration into a wide range of instrument fluidic pathways. It enhances monitoring capabilities, supporting improved performance and reliability in fluidic systems.
In May 2024, Parker Hannifin launched the SCP09 pressure sensor, offering a robust and reliable solution for a broad range of hydraulic applications. The sensor is contamination-resistant and well-suited for both mobile machinery and industrial environments.