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Home » Semiconductor and Electronics » Miniature Pressure Sensor Market Report 2030

Miniature Pressure Sensor Market By Technology Type (Piezoresistive Pressure Sensors, Capacitive Pressure Sensors, Optical Pressure Sensors, Resonant Pressure Sensors, Others); By Application (Medical Devices, Automotive, Consumer Electronics, Industrial Automation, Aerospace and Defense); By End-User Industry (Healthcare, Automotive, Consumer Electronics, Industrial, Aerospace and Defense); By Geography, Segment revenue estimation, Forecast, 2024–2032.

Published On: NOV-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 45304943

The miniature pressure sensor market was USD 1.5 billion as of 2023 and should reach USD 2.8 billion by 2030 with a CAGR of 8.9% during the forecast period. Miniature pressure sensors are smaller and more accurate for pressure measurement in confined spaces. Miniature pressure sensors are now invaluable in applications that require concave sensitivity and small devices. This has made them invaluable in applications like wearable health monitoring devices, TPMS, and robotics. With increasing needs for high accuracy, downscaling, and credibility, the application of miniature pressure sensors is moving into more broad sectors.

 

miniature-pressure-sensor-markets-infographics

 

Market Drivers:

Rising Demand for Wearable Medical Devices: The healthcare industry is integrating more wearable devices into the population, such as fitness trackers, blood pressure monitors, or continuous glucose monitoring systems. These devices include miniature pressure sensors that are used in monitoring bodily vital signs and also aid in the remote control of patient health. The market of wearable medical devices is expanding rapidly, with a CAGR of over 20% per year, primarily due to the need for patient monitoring and preventive medicine, while miniature pressure sensors are critical in this industry.

 

Growth in the Automotive Sector and Need for Advanced Safety Features: In automotive applications, small pressure sensors are utilized in TPMS, EMS, and ADAS. Since car makers are shifting their attention to improving car safety and efficacy, they will be inclined toward innovative and small sensors. TPMS legislation in the United States has benefited the growth of miniature pressure sensors by requiring their usage in vehicles, creating high demand.

 

Expansion of the Consumer Electronics Market: In the consumer electronics industry, miniature pressure sensors are commonly used in smartphones, tablets, wearable devices, and other compact technology products. These sensors measure height and provide support for location-based services in phones. Wearable gadgets utilize them to track exercise and various activities. As the consumer electronics industry continues to evolve, the adoption of miniature sensors is expected to increase. Various studies indicate that this segment alone accounts for over 30% of the global demand for miniaturized pressure sensors.

 

Market Restraints:

High Manufacturing and Integration Costs: Miniature pressure sensors require elaborate construction techniques and high-quality materials, and the complexity contributes to expensive manufacturing. Moreover, incorporating such sensors into end devices calls for complicated assembly techniques, which drive up the overall manufacturing costs. This cost factor might slow down the use of miniature pressure sensors in industries or applications where costs can be cut down on substitute technologies.

 

Market Opportunities:

Advancements in Internet of Things (IoT) Applications: The anticipated emergence of IoT has opened new possibilities for miniaturized pressure sensors in smart home applications, industry 4.0, and smart environments. These sensors allow real-time monitoring of data and subsequent analytical results that can support relevant information gathering continuously useful for predictive maintenance, effective process controlling, and energy consumption. There is a projected market growth of IoT-based systems of over 15% CAGR, and these applications will require pressure sensors to monitor the environment, state of the machinery, and other variables critical to IoT.

 

Increasing Adoption in Aerospace and Defense Industries: The aerospace and defense industry needs meter quality measurements under harsh conditions, such as at high altitudes or in variable pressure conditions. These applications are well suited to miniature pressure sensors because of their reliability and performance, particularly in navigation and fuel control systems. As global Defense expenditure is expected to grow shortly, specifically in aviation and unmanned systems technologies, miniature pressure sensors are expected to gain further application in the aerospace & defense segment.

 

Miniature Pressure Sensor Market Segmentation

By Technology Type:

  • Piezoresistive Pressure Sensors

  • Capacitive Pressure Sensors

  • Optical Pressure Sensors

  • Resonant Pressure Sensors

  • Others

 

By Application:

  • Medical Devices

  • Automotive

  • Consumer Electronics

  • Industrial Automation

  • Aerospace and Defense

 

By End-User Industry:

  • Healthcare

  • Automotive

  • Consumer Electronics

  • Industrial

  • Aerospace and Defense

By Region:

  • North America

  • Europe

  • Asia-Pacific

  • Latin America

  • Middle East & Africa

 

Segment Analysis

Leading Technology Type: Piezoresistive pressure sensors:

Piezoresistive pressure sensors occupy the technology segment predominantly, attributed to their high sensitivity, accuracy, and compact size. They measure resistance changes in a crystal due to pressure changes and are well suited to miniaturization. They are frequently used for automotive applications, as well as medical instruments and consumer electronics, where miniaturized precise measurement systems are the key parameters.

 

Leading Application: Medical Devices

Medical devices are the largest application segment for miniature pressure sensors, as more wearable and implantable devices are coming into the market. These sensors have found applications in blood pressure measurement devices, respiratory systems, and intracranial measurement and monitoring systems. The rising use of remote patient monitoring and preventive healthcare services by hospitals, clinics, and other healthcare centers should lead to a high demand for small pressure sensors in the medical industry.

 

Regional Analysis

North America has the highest demand for miniature pressure sensors due to innovations in medical, automotive, and consumer products. The United States is the largest market in demand for medical devices, auto safety systems, and IoT applications, all requiring efficient sensors. In addition, such factors as the location of key technology-intensive players and a high score on the innovation indicator increase North America’s leadership. Currently, the Asia-Pacific is the most promising region for the development of miniature pressure sensors due to the rapid industrialization and increasing production of consumer electronics and the automotive industry in countries such as China, Japan, and South Korea.
 

Miniature Pressure Sensor Market Key Players

  • Honeywell International Inc.

  • TE Connectivity Ltd.

  • Bosch Sensortec GmbH

  • STMicroelectronics

  • Sensata Technologies Inc.

  • Infineon Technologies AG

  • First Sensor AG

  • Omron Corporation

  • Murata Manufacturing Co., Ltd.

  • Amphenol Corporation

 

Miniature Pressure Sensor Market Report Coverage

Report Attribute

Details

Forecast Period

2023 – 2030

Market Size Value in 2023

USD 1.5 billion

Revenue Forecast in 2030

USD 2.8 billion

Overall Growth Rate

CAGR of 8.9%

Base Year for Estimation

2022

Historical Data

2017 – 2021

Unit

USD Billion, CAGR (2023 - 2030)

Segmentation

By Technology Type, By Application, By End-User Industry, By Region

By Technology Type

Piezoresistive Pressure Sensors, Capacitive Pressure Sensors, Optical Pressure Sensors, Resonant Pressure Sensors, Others

By Application

Medical Devices, Automotive, Consumer Electronics, Industrial Automation, Aerospace and Defense

By End-User Industry

Healthcare, Automotive, Consumer Electronics, Industrial, Aerospace and Defense

By Region

North America, Europe, Asia-Pacific, Latin America, Middle East & Africa

Country Scope

US, Mexico, Canada, Germany, UK, France, China, Japan, India, etc.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

 

Future Outlook

The Miniature Pressure Sensor Industry is anticipated to grow steadily due to increasing uses of healthcare, automobiles, and the Internet of Things. With more demands for compact high-precision sensors being witnessed around the world, more improvements are expected in sensor operations and lasting in more demanding operations. In the near future, critical industries will reap benefits from the application and sophistication of sensors, including the integration of Artificial Intelligence and wireless communication in predictive maintenance, real-time monitoring, and continuous operation. Introducing miniature pressure sensors in its growing application areas so, including health and fitness wearables and smart manufacturing, will be the crucial factor in driving the market forward and making pressure sensors fundamental to the next generation of smart devices.

Frequently Asked Question About This Report

The market was valued at USD 1.5 billion in 2023 and is projected to reach USD 2.8 billion by 2030, growing at a compound annual growth rate of 8.9%.

The rising demand for wearable medical devices, growth in the automotive sector with a focus on advanced safety features, and the expansion of the consumer electronics market are major drivers.

Key players include Honeywell International Inc., TE Connectivity Ltd., NXP Semiconductors, STMicroelectronics, and First Sensor AG.

North America leads the market due to innovations in medical, automotive, and consumer products, with the United States being the largest market.

The medical devices segment is the largest application area, driven by the increasing use of wearable and implantable devices.

.

Table of Contents

EXECUTIVE SUMMARY
•    Market Attractiveness
•    Understanding the Target Customers
•    CXO Perspective
•    Global Miniature Pressure Sensor Market, Historical Market Size & Future Projections Analysis
•    Global Miniature Pressure Sensor Market, By Technology Type
•    Global Miniature Pressure Sensor Market, By Application
•    Global Miniature Pressure Sensor Market, By End-User Industry
•    Global Miniature Pressure Sensor Market, By Region
MARKET SHARE ANALYSIS
•    Key Players with Revenue and Sales Volume
•    Market Share, 2024
INVESTMENT OPPORTUNITIES IN THE MARKET
•    Ongoing Market Developments
•    Merger & Acquisition Trends
•    Key Investment Opportunities
•    High-Growth Segments from Investment Perspective
MARKET INTRODUCTION
•    Definition
•    Scope of the Study
•    Market Structure
•    Macro Factor Indicator Analysis
•    Key Findings
o    Top Investment Pockets
RESEARCH METHODOLOGY
•    Research Process
•    Primary Research
•    Secondary Research
•    Market Size Estimation
•    Forecast Model
MARKET DYNAMICS
•    Introduction
•    Drivers
•    Restraints
•    Opportunities
•    Challenges
•    COVID-19 Impact Analysis
GLOBAL MINIATURE PRESSURE SENSOR MARKET ANALYSIS
•    Overview
•    Global Miniature Pressure Sensor Historical Market Size, Sales Volume (2022 – 2032)
•    Global Miniature Pressure Sensor Market Size, Sales Volume, and Forecasts (2024 – 2032)
•    Global Miniature Pressure Sensor Market, By Technology Type
o    Piezoresistive Pressure Sensors
o    Capacitive Pressure Sensors
o    Optical Pressure Sensors
o    Resonant Pressure Sensors
o    Others
•    Global Miniature Pressure Sensor Market, By Application
o    Medical Devices
o    Automotive
o    Consumer Electronics
o    Industrial Automation
o    Aerospace and Defense
•    Global Miniature Pressure Sensor Market, By End-User Industry
o    Healthcare
o    Automotive
o    Consumer Electronics
o    Industrial
o    Aerospace and Defense
•    Global Miniature Pressure Sensor Market, By Region
o    North America
o    Europe
o    Asia-Pacific
o    Latin America
o    Middle East & Africa
NORTH AMERICA MINIATURE PRESSURE SENSOR MARKET ANALYSIS
•    Overview
•    North America Miniature Pressure Sensor Historical Market Size, Sales Volume (2022 – 2032)
•    North America Miniature Pressure Sensor Market Size, Sales Volume, and Forecasts (2024 – 2032)
•    North America Miniature Pressure Sensor Market, By Technology Type
•    North America Miniature Pressure Sensor Market, By Application
•    North America Miniature Pressure Sensor Market, By End-User Industry
•    North America Miniature Pressure Sensor Market, By Country
o    U.S.
o    Canada
o    Mexico
o    Rest of North America
EUROPE MINIATURE PRESSURE SENSOR MARKET ANALYSIS
•    Overview
•    Europe Miniature Pressure Sensor Historical Market Size, Sales Volume (2022 – 2032)
•    Europe Miniature Pressure Sensor Market Size, Sales Volume, and Forecasts (2024 – 2032)
•    Europe Miniature Pressure Sensor Market, By Technology Type
•    Europe Miniature Pressure Sensor Market, By Application
•    Europe Miniature Pressure Sensor Market, By End-User Industry
•    Europe Miniature Pressure Sensor Market, By Country
o    Germany
o    U.K.
o    France
o    Italy
o    Spain
o    Rest of Europe
ASIA-PACIFIC MINIATURE PRESSURE SENSOR MARKET ANALYSIS
•    Overview
•    Asia-Pacific Miniature Pressure Sensor Historical Market Size, Sales Volume (2022 – 2032)
•    Asia-Pacific Miniature Pressure Sensor Market Size, Sales Volume, and Forecasts (2024 – 2032)
•    Asia-Pacific Miniature Pressure Sensor Market, By Technology Type
•    Asia-Pacific Miniature Pressure Sensor Market, By Application
•    Asia-Pacific Miniature Pressure Sensor Market, By End-User Industry
•    Asia-Pacific Miniature Pressure Sensor Market, By Country
o    China
o    Japan
o    India
o    South Korea
o    Australia
o    Rest of Asia-Pacific
LAMEA (LATIN AMERICA, MIDDLE EAST & AFRICA) MINIATURE PRESSURE SENSOR MARKET ANALYSIS
•    Overview
•    LAMEA Miniature Pressure Sensor Historical Market Size, Sales Volume (2022 – 2032)
•    LAMEA Miniature Pressure Sensor Market Size, Sales Volume, and Forecasts (2024 – 2032)
•    LAMEA Miniature Pressure Sensor Market, By Technology Type
•    LAMEA Miniature Pressure Sensor Market, By Application
•    LAMEA Miniature Pressure Sensor Market, By End-User Industry
•    LAMEA Miniature Pressure Sensor Market, By Country
o    Brazil
o    Argentina
o    UAE
o    Saudi Arabia
o    Rest of LAMEA
COMPANY PROFILES
•    Honeywell International Inc.
o    Company Overview
o    Product Portfolio in Miniature Pressure Sensor Market
o    Key Strategies and Developments
•    TE Connectivity Ltd.
o    Company Overview
o    Product Portfolio in Miniature Pressure Sensor Market
o    Key Strategies and Developments
•    NXP Semiconductors
o    Company Overview
o    Product Portfolio in Miniature Pressure Sensor Market
o    Key Strategies and Developments
•    STMicroelectronics
o    Company Overview
o    Product Portfolio in Miniature Pressure Sensor Market
o    Key Strategies and Developments
•    First Sensor AG
o    Company Overview
o    Product Portfolio in Miniature Pressure Sensor Market
o    Key Strategies and Developments
LIST OF TABLES
•    Table: Miniature Pressure Sensor Market, By Technology Type, 2024-2032 (USD Million)
•    Table: Piezoresistive Pressure Sensors Market, By Region, 2024-2032 (USD Million)
•    Table: Capacitive Pressure Sensors Market, By Region, 2024-2032 (USD Million)
•    Table: Miniature Pressure Sensor Market, By Application, 2024-2032 (USD Million)
•    Table: Medical Devices Market, By Region, 2024-2032 (USD Million)
•    Table: Miniature Pressure Sensor Market, By End-User Industry, 2024-2032 (USD Million)
•    Table: Miniature Pressure Sensor Market, By Region, 2024-2032 (USD Million)
LIST OF FIGURES
•    Figure: Miniature Pressure Sensor Market Research Methodology
•    Figure: Product Type and Application-Based Market Estimation
•    Figure: Dominating Market Share, By Technology Type, 2024 vs. 2032
•    Figure: Dominating Market Share, By Application, 2024 vs. 2032
•    Figure: Geographical Snapshot of the Market
•    Figure: Regional Demand Trends for Miniature Pressure Sensors
•    Figure: Market Drivers, Restraints, Opportunities, and Challenges

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