The pressure sensor market is projected to grow at a CAGR of 8.12% from US$15.18 billion in 2025 to US$22.43 billion in 2030.
Pressure sensors are devices having pressure-sensitive components that are used to translate physical quantities including length, force, temperature, and pressure into electrical or optical signals. Such devices find common usage in process applications such as hydraulics and pneumatics to measure relative system pressure. Owing to its large consumer base and the existence of well-diversified international, local, and regional companies, the pressure sensor market is intensely competitive.
The growing demand for existing technology, as well as increased investment in technological upgrades, act as market drivers that further entice additional companies into the pressure sensor market. Also, with the intense rivalry in the pressure sensor industry, techniques such as mergers and acquisitions and others are being used to increase market share.
Pressure sensors owing to their great precision, dependability, resilience, and low cost are employed in various automotive applications including monitoring EGR, EMS, collision avoidance systems, advanced braking systems, and tire pressure monitoring systems. Absolute pressure sensors and differential pressure sensors are the most common types of sensors used in automotive applications and with the growing automotive production and sales, the demand for such pressure sensors is also expected to increase. Global motor vehicle production increased from 85.02 million units in 2022 to 93 million units in 2023, a 9% rise, while sales grew from 82.68 million units in 2021 to 84.5 million in 2023, up 2%, per the International Organization of Motor Vehicle Manufacturers (OICA).
Increased demand for pressure sensors in consumer electronics coupled with favorable government rules concerning pressure sensor applications is propelling the pressure sensor market forward. The increase in the Internet of Things (IoT) trend and the rising need for pressure sensors in the construction of smart cities are predicted to boost the pressure sensor market. In addition, government measures to boost the adoption of IoT and AI technologies in the consumer electronics sector are expected to fuel market growth. Also, pressure sensors are used in washing machines to manage the amount of water required for washing garments, reducing water waste dramatically. The growing usage of domestic appliances such as refrigerators, washing machines, and televisions is expected to propel the market demand for pressure sensors for consumer electronics applications, thereby boosting the overall market growth.
The North American region is dominating the pressure sensor market owing to its high pace of automation with rising strict government requirements related to passenger safety as well as rapidly expanding production in the automotive and aerospace sectors. According to data from the International Organization of Motor Vehicle Manufacturers (OICA), the North American region saw motor vehicle production increase from 14.8 million units in 2022 to 15.5 million units in 2023, a 4.7% rise. Also, as per the same source, USA automotive production increased from 10 million units in 2022 to 10.5 million units in 2023, showing a 4.3% increase. This growing production in the automotive and aerospace industry in the North American region will boost the pressure sensor market demand, thereby boosting the regional market growth.
The global pressure sensor market report provides a comprehensive analysis of the industry, offering strategic and executive-level insights backed by data-driven forecasts and trends. Regularly updated, this report empowers decision-makers with actionable intelligence on market dynamics, emerging opportunities, and competitive landscapes. It explores demand across various pressure sensor types, technologies, and applications, while detailing their adoption across key regions. The report also highlights technological advancements, government policies, regulations, and macroeconomic factors shaping the market.
Pressure Sensor Market Segmentation by product
The pressure sensor market is segmented by product into the following:
Pressure Sensor Market Segmentation by technology
The pressure sensor market is analyzed by technology into the following:
Pressure Sensor Market Segmentation by application
The pressure sensor market is segmented by application into the following:
Pressure sensor Market Segmentation by regions:
The study also analysed the pressure sensor market into the following regions, with country level forecasts and analysis as below:
The global Pressure sensor market is marked by the presence of key players such as Honeywell International Inc., TE Connectivity Ltd., Bosch Sensortec GmbH (Robert Bosch GmbH), STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Sensata Technologies, Inc., Emerson Electric Co., Texas Instruments Incorporated, Amphenol Corporation, and Omron Corporation.
This report provides extensive coverage as explained in the points below:
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| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Pressure Sensor Market Size in 2025 | US$15.18 billion |
| Pressure Sensor Market Size in 2030 | US$22.43 billion |
| Growth Rate | CAGR of 8.12% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
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| Geographical Segmentation | Americas, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the Pressure Sensor Market |
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| Customization Scope | Free report customization with purchase |