How big is the pressure sensor market?

The global pressure sensor market size was estimated at USD 20.60 billion in 2024 and is expected to reach USD 21.54 billion in 2025.

What is the pressure sensor market growth?

The global pressure sensor market is expected to grow at a compound annual growth rate of 4.1% from 2025 to 2030 to reach USD 26.32 billion by 2030.

Which segment accounted for the largest pressure sensor market share?

The Asia Pacific region dominated the market in 2024. The growth of the region can be attributed to the large-scale production of electronic components as well as the rising investments in R&D. The increasing demand for consumer electronics such as tablets, wearable devices, and smartphones is driving the demand for pressure sensors in this region. India and China are contributing to a large share of the regional pressure sensor market. China is a mature marketplace and features strong business opportunities.

Who are the key players in the pressure sensor market?

Some key players operating in the pressure sensor market include AlphaSense, Process Sensing Technologies (PST) group., Figaro Engineering Inc., Membrapor, Nemoto Kyorindo co., Ltd., Robert Bosch GmbH, ABB Ltd., Siemens AG, GfG Europe Ltd., and Baker Hughes.

What are the factors driving the pressure sensor market?

The market’s growth can be attributed to the rising demand for pressure sensors from various industry verticals, such as automotive and healthcare, and in various applications, such as consumer electronics, portable healthcare wearables, alarm systems, medical breathing appliances, water purifiers, refrigeration systems, and off-road constructions among others.