PUBLISHER: TechSci Research | PRODUCT CODE: 1935046
PUBLISHER: TechSci Research | PRODUCT CODE: 1935046
We offer 8 hour analyst time for an additional research. Please contact us for the details.
The Global Pressure Sensors Market is projected to expand from USD 21.44 Billion in 2025 to USD 39.18 Billion by 2031, achieving a CAGR of 10.57%. Defined as electromechanical instruments designed to translate the force exerted by gases or liquids into electrical signals for monitoring and control, these devices are essential to modern infrastructure. The market's growth is fundamentally supported by the rise of industrial automation requiring precise process regulation, along with rigorous automotive safety standards demanding advanced vehicle stability systems. Additionally, the healthcare industry reinforces this demand through the increasing need for non-invasive diagnostics and portable patient monitoring equipment, establishing a growth trajectory driven by essential structural needs rather than temporary technological trends.
| Market Overview | |
|---|---|
| Forecast Period | 2027-2031 |
| Market Size 2025 | USD 21.44 Billion |
| Market Size 2031 | USD 39.18 Billion |
| CAGR 2026-2031 | 10.57% |
| Fastest Growing Segment | Wireless |
| Largest Market | North America |
However, the market encounters notable obstacles due to cyclical economic fluctuations, which often reduce industrial capital spending and delay procurement decisions. This susceptibility is reflected in recent industry performance data from the broader sensor sector. For instance, the AMA Association for Sensors and Measurement reported in 2025 that incoming orders for the industry dropped by six percent in the second quarter relative to the prior period. These statistics indicate that despite strong long-term fundamentals, the pressure sensors market remains vulnerable to short-term contractions in general manufacturing and industrial demand.
Market Driver
The Global Pressure Sensors Market is being fundamentally reshaped by the rapid electrification of the automotive sector and the growing integration of Advanced Driver Assistance Systems (ADAS). As carmakers hasten the transition from internal combustion engines to electric powertrains, there is an intensified demand for specialized sensors to manage battery thermal systems, regenerative braking, and HVAC efficiency. This structural shift prioritizes high-performance components that can function reliably in harsh electronic environments to guarantee passenger safety and vehicle range. Highlighting this trend, Infineon Technologies announced in its 'First Quarter of Fiscal Year 2025 Press Release' in February 2025 that its automotive segment generated €1.919 billion in revenue, demonstrating persistent demand for vehicle-related electronics despite wider market volatility.
Concurrently, the rise of the Industrial IoT (IIoT) within smart factories is spurring the extensive deployment of intelligent sensing nodes. Manufacturing facilities are adopting advanced pressure sensors for predictive maintenance and real-time process control, enabling operators to minimize costly downtime and enhance efficiency via digital connectivity. This trend is actively creating new revenue streams for manufacturers even during periods of fluctuating global demand. For example, Sensirion's '2024 Full-Year Results Media Release' in March 2025 reported a 22.1 percent increase in organic sales, primarily driven by new business in the industrial and automotive markets. Furthermore, Sensata Technologies underscored the sector's scale by reporting full-year 2024 revenue of $3.93 billion in 2025.
Market Challenge
Cyclical economic instability poses a significant impediment to the growth of the Global Pressure Sensors Market by disrupting the capital expenditure strategies of key industrial end-users. During periods of financial uncertainty, manufacturing and automotive entities often prioritize liquidity over expansion, resulting in the postponement of facility automation projects and safety system upgrades. This reduction in capital spending directly halts the procurement of pressure monitoring devices, causing market contraction even when the technological requirements for such sensors remain high. Consequently, the sector experiences volatility that is tied more to macroeconomic confidence than to product innovation.
This sensitivity to broader economic trends is clearly demonstrated by performance metrics within the sector. A downturn in general industrial output invariably restricts the volume of sensor components distributed across the supply chain. In January 2025, the AMA Association for Sensors and Measurement cited industry reports showing that revenue in the third quarter of 2024 declined by ten percent compared to the same period the previous year. These figures confirm that the market's expansion is inextricably linked to the fiscal health of the global manufacturing economy, rendering it susceptible to periodic downturns despite the underlying demand for automation.
Market Trends
The integration of Artificial Intelligence and Edge Computing is transforming pressure sensors from passive data collectors into intelligent processing nodes. This advancement enables immediate data analysis at the sensor level, significantly reducing latency and bandwidth usage while enhancing privacy by minimizing cloud dependence. Manufacturers are increasingly embedding microcontrollers directly into MEMS architectures to support complex algorithms for activity tracking and context awareness in consumer electronics. According to a January 2025 press release by Bosch Media titled 'AI-enabled sensors deliver life-changing use cases', the company surpassed the milestone of delivering over 1 billion MEMS sensors featuring integrated microcontrollers and software in 2024, highlighting the massive scale of adoption for intelligent sensing solutions.
Simultaneously, the market is witnessing a decisive rise in disposable and bio-compatible sensors, particularly within the medical sector to address infection control protocols. Hospitals are transitioning from reusable transducers to single-use pressure monitoring devices to eliminate cross-contamination risks and streamline sterilization workflows in critical care environments. This shift towards high-volume, cost-effective disposable components is sustaining revenue growth for specialized medical device manufacturers. Merit Medical's 'Fourth Quarter and Full Year 2024 Results' from February 2025 reported annual revenue of $1.357 billion, a 7.9 percent increase that reflects the robust and growing utilization of disposable interventional and diagnostic technologies.
Report Scope
In this report, the Global Pressure Sensors Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Pressure Sensors Market.
Global Pressure Sensors Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: