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PUBLISHER: IMARC | PRODUCT CODE: 1378957

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PUBLISHER: IMARC | PRODUCT CODE: 1378957

Pressure Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Abstract

The global pressure sensor market size reached US$ 14.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.8 Billion by 2028, exhibiting a growth rate (CAGR) of 9.7% during 2022-2028.

A pressure sensor is an instrument used to sense the pressure applied on gases or liquids and convert it into a small electrical output signal. The sensor relies on different technologies to provide accurate results, including integrated strain gauges to detect strain, and pressure-sensitive elements, cavities, and diaphragms for producing a variable capacitor. It finds extensive applications in steam systems that are employed in manufacturing facilities worldwide. It is also utilized as a level sensor in many industrial processes. Moreover, as it can be integrated with consumer electronics like alarm systems, water level appliances, and coffee machines, its demand is escalating around the world.

The rising cases of coronavirus disease (COVID-19) globally represent one of the largest factors bolstering the need for pressure sensors in medical breathing apparatus to monitor oxygen levels. Apart from this, the emerging automation trend in manufacturing processes is influencing the adoption of pressure sensors in robotics and industrial hydraulics. Moreover, inflating disposable incomes and rapid urbanization are catalyzing the demand for household electronics, such as refrigeration systems, washing machines, and televisions, which employ these sensors. This, along with the growing shift towards home automation, is contributing to the market growth. As these sensors can be utilized in electric vehicles (EVs) for monitoring the pressure of gearboxes and oils, the increasing sales of EVs worldwide are also driving the market. Furthermore, the leading players are developing next-generation products, which are anticipated to expand the usage of pressure sensors for off-road construction, the Internet of Things (IoT) systems, and agricultural applications.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global pressure sensor market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, type, technology and application.

Breakup by Product:

Absolute Pressure Sensors

Differential Pressure Sensors

Gauge Pressure Sensors

Breakup by Type:

Wired

Wireless

Breakup by Technology:

Piezoresistive

Electromagnetic

Capacitive

Resonant Solid-State

Optical

Others

Breakup by Application:

Automotive

Oil and Gas

Electronics

Medical

Industrial

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd, All Sensors Corporation (Amphenol), Bosch Sensortec GmbH (Robert Bosch GmbH), Endress+Hauser Group Services AG, Honeywell International Inc., Infineon Technologies AG, Kistler Group (Kistler Holding AG), NXP Semiconductors N.V, Rockwell Automation Inc., Sensata Technologies Inc., Siemens AG and Texas Instruments Incorporated.

Key Questions Answered in This Report:

  • How has the global pressure sensor market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global pressure sensor market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global pressure sensor market and who are the key players?
  • What is the degree of competition in the industry?
Product Code: SR112023A3656

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Pressure Sensor Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product

  • 6.1 Absolute Pressure Sensors
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Differential Pressure Sensors
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Gauge Pressure Sensors
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Type

  • 7.1 Wired
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Wireless
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Technology

  • 8.1 Piezoresistive
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Electromagnetic
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Capacitive
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Resonant Solid-State
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Optical
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Others
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast

9 Market Breakup by Application

  • 9.1 Automotive
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Oil and Gas
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Electronics
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Medical
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Industrial
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast
  • 9.6 Others
    • 9.6.1 Market Trends
    • 9.6.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 ABB Ltd
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2 All Sensors Corporation (Amphenol)
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
    • 15.3.3 Bosch Sensortec GmbH (Robert Bosch GmbH)
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4 Endress+Hauser Group Services AG
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
    • 15.3.5 Honeywell International Inc.
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
      • 15.3.5.3 Financials
      • 15.3.5.4 SWOT Analysis
    • 15.3.6 Infineon Technologies AG
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 Kistler Group (Kistler Holding AG)
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
    • 15.3.8 NXP Semiconductors N.V
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
      • 15.3.8.3 Financials
      • 15.3.8.4 SWOT Analysis
    • 15.3.9 Rockwell Automation Inc.
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 Financials
      • 15.3.9.4 SWOT Analysis
    • 15.3.10 Sensata Technologies Inc.
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
    • 15.3.11 Siemens AG
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
      • 15.3.11.4 SWOT Analysis
    • 15.3.12 Texas Instruments Incorporated
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
      • 15.3.12.3 Financials
      • 15.3.12.4 SWOT Analysis
Product Code: SR112023A3656

List of Figures

  • Figure 1: Global: Pressure Sensor Market: Major Drivers and Challenges
  • Figure 2: Global: Pressure Sensor Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Pressure Sensor Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Pressure Sensor Market: Breakup by Product (in %), 2022
  • Figure 5: Global: Pressure Sensor Market: Breakup by Type (in %), 2022
  • Figure 6: Global: Pressure Sensor Market: Breakup by Technology (in %), 2022
  • Figure 7: Global: Pressure Sensor Market: Breakup by Application (in %), 2022
  • Figure 8: Global: Pressure Sensor Market: Breakup by Region (in %), 2022
  • Figure 9: Global: Pressure Sensor (Absolute Pressure Sensors) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Pressure Sensor (Absolute Pressure Sensors) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Pressure Sensor (Differential Pressure Sensors) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Pressure Sensor (Differential Pressure Sensors) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Pressure Sensor (Gauge Pressure Sensors) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Pressure Sensor (Gauge Pressure Sensors) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Pressure Sensor (Wired) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Pressure Sensor (Wired) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Pressure Sensor (Wireless) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Pressure Sensor (Wireless) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Pressure Sensor (Piezoresistive) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Pressure Sensor (Piezoresistive) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Pressure Sensor (Electromagnetic) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Pressure Sensor (Electromagnetic) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Pressure Sensor (Capacitive) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Pressure Sensor (Capacitive) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Pressure Sensor (Resonant Solid-State) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Pressure Sensor (Resonant Solid-State) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Pressure Sensor (Optical) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Pressure Sensor (Optical) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Pressure Sensor (Other Technologies) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Pressure Sensor (Other Technologies) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Pressure Sensor (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Pressure Sensor (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: Pressure Sensor (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: Pressure Sensor (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: Pressure Sensor (Electronics) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: Pressure Sensor (Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Global: Pressure Sensor (Medical) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Global: Pressure Sensor (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: Global: Pressure Sensor (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: Global: Pressure Sensor (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: Global: Pressure Sensor (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: Global: Pressure Sensor (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: North America: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: North America: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: United States: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: United States: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: Canada: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: Canada: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: Asia-Pacific: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: Asia-Pacific: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: China: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: China: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: Japan: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: Japan: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: India: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: India: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: South Korea: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: South Korea: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Australia: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Australia: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Indonesia: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Indonesia: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Others: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Others: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: Europe: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: Europe: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: Germany: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: Germany: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: France: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: France: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: United Kingdom: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: United Kingdom: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Italy: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Italy: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Spain: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Spain: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Russia: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Russia: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Others: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Others: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Latin America: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Latin America: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Brazil: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Brazil: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 85: Mexico: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 86: Mexico: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 87: Others: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 88: Others: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 89: Middle East and Africa: Pressure Sensor Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 90: Middle East and Africa: Pressure Sensor Market: Breakup by Country (in %), 2022
  • Figure 91: Middle East and Africa: Pressure Sensor Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 92: Global: Pressure Sensor Industry: SWOT Analysis
  • Figure 93: Global: Pressure Sensor Industry: Value Chain Analysis
  • Figure 94: Global: Pressure Sensor Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Pressure Sensor Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Pressure Sensor Market Forecast: Breakup by Product (in Million US$), 2023-2028
  • Table 3: Global: Pressure Sensor Market Forecast: Breakup by Type (in Million US$), 2023-2028
  • Table 4: Global: Pressure Sensor Market Forecast: Breakup by Technology (in Million US$), 2023-2028
  • Table 5: Global: Pressure Sensor Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 6: Global: Pressure Sensor Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Pressure Sensor Market: Competitive Structure
  • Table 8: Global: Pressure Sensor Market: Key Players
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