The global MEMS pressure sensor market is expected to be valued at USD 2,242.5 Million in 2022. Increasing need for controlling and monitoring systems across various industries, drives the demand for micro-electro-mechanical systems (MEMS) technology based pressure sensors.
| Data Points | Key Statistics |
|---|---|
| MEMS Pressure Sensor Market Value 2022 | USD 2,242.5 Million |
| MEMS Pressure Sensor Market Projected Value (2032) | USD 4,086.9 Million |
| MEMS Pressure Sensor Market CAGR (2022 to 2032) | 6.2% |
MEMS technology used to create miniature integrated devices - combines electrical and mechanical components, further fabricated using integrated circuit (IC) processing techniques. The overall demand for MEMS Pressure Sensors is projected to grow at a CAGR of 6.2% between 2022 and 2032, totalling around USD 4,086.9 Million by 2032.
From 2016 to 2021, sales witnessed significant growth, registering a CAGR of 4.2%. Micro-electro-mechanical systems (MEMS) pressure sensors are widely utilized in applications which require absolute, gauge and differential pressure measurements. MEMS pressure sensors sense on the micro scale and can generate effects on the macro scale.
MEMS Pressure Sensors are widely used in harsh environments, ultra-low pressure ranges, and extremely small size atmospheres. Also MEMS Pressure Sensors are utilized in various energy domains, which include electrical, mechanical, thermal, magnetic, chemical and radiant. The overall demand for MEMS Pressure Sensors is projected to grow at a CAGR of 6.2% between 2022 and 2032, totalling around USD 4,086.9 Million by 2032.
Increased Demand from Automotive Industry Likely to Augment MEMS Pressure Sensor Sales
Increasing demand for MEMS Pressure Sensors from the automotive industry to enhance reliability, reduce cost and improve performance is the key factor driving the growth of MEMS global pressure sensor market during the forecast period. Furthermore, continuous focus on factory automation, rapid development in industrial IoT solutions and improved sensing approach for monitoring & control applications are the factors accelerating the demand for MEMS pressure sensors in the industrial manufacturing sector.
Also, the increasing demand for disposable pressure sensors and continuous innovation in MEMS-enabled medical applications are expected to positively impact the growth of the global MEMS pressure sensor market in medical space. Also, rapid growth in consumer electronics, such as smartphones and home appliances, and rising demand for customized MEMS devices for aerospace and defense applications are expected to fuel the growth of MEMS Pressure Sensor market during the forecast period.
Increasing Awareness of Hazardous Gasses and Compounds to Impede the Growth
Lack of standard fabrication process and technical difficulties in integration and packing process are identified as the restraints likely to deter the progression of global MEMS pressure sensor market during the forecast period.
Rising Market Competition to Boost the Market Growth in North America
The North America MEMS Pressure Sensor market is expected to accumulate a market share of 33.2% in 2022. North America is dominating and contributing the leading shares to the MEMS Pressure Sensor market in terms of revenue and is expected to register a significant growth over a forecast period due to the increasing market competition.
For instance, in February 2022, Abbott announced that the US Food and Drug Administration (FDA) had approved an expanded indication for its CardioMEMS HF System to support the care of people living with heart failure. As a result, an additional 1.2 million USA patients are now eligible to benefit from advanced monitoring with the company's sensor, which marks a significant increase over the current addressable population. The sensor provides an early warning system that enables doctors to protect against worsening heart failure.
Presence of Large Number of Automobile Manufacturers to Boost Market Growth in Europe
The European region is anticipated to hold a market share of 21.7%. Europe is expected to contribute to moderate revenue market share and register a healthy growth rate in the global MEMS Pressure Sensor market due to government initiatives to expand the industrial infrastructure, presence of a large number of automobile and original equipment manufacturers.
Some key startups in the MEMS Pressure Sensor market include axSense Technologies, CEKO Sensors, ACEINNA, Enervibe and many more.
Recent Developments:
Prominent players in the MEMS Pressure Sensor market are Robert Bosch GmbH, Denso, NXP Semiconductors, General Electric, Texas Instruments, Infineon Technologies, MRON Corporation, Infineon Technologies AG, and Melexis and various other regional players.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 6.2% from 2022 to 2032 |
| Market Value in 2022 | USD 2,242.5 Million |
| Market Value in 2032 | USD 4,086.9 Million |
| Base Year for Estimation | 2021 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | End User, Technology, Type, Region |
| Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa (MEA) |
| Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, China, Japan, South Korea, Malaysia, Singapore, Australia, New Zealand, GCC, South Africa, Israel |
| Key Companies Profiled | Robert Bosch GmbH; Denso; NXP Semiconductors; General Electric; Texas Instruments; Infineon Technologies AG; MRON Corporation; Honeywell International; ST Electronics |
| Report Customization | Available upon Request |
Table 1: Global Market Value (US$ Mn) Forecast by Region, 2016-2032
Table 2: Global Market Volume (Units) Forecast by Region, 2016-2032
Table 3: Global Market Value (US$ Mn) Forecast by End user, 2016-2032
Table 4: Global Market Volume (Units) Forecast by End user, 2016-2032
Table 5: Global Market Value (US$ Mn) Forecast by Technology, 2016-2032
Table 6: Global Market Volume (Units) Forecast by Technology, 2016-2032
Table 7: Global Market Value (US$ Mn) Forecast by Type, 2016-2032
Table 8: Global Market Volume (Units) Forecast by Type, 2016-2032
Table 9: North America Market Value (US$ Mn) Forecast by Country, 2016-2032
Table 10: North America Market Volume (Units) Forecast by Country, 2016-2032
Table 11: North America Market Value (US$ Mn) Forecast by End user, 2016-2032
Table 12: North America Market Volume (Units) Forecast by End user, 2016-2032
Table 13: North America Market Value (US$ Mn) Forecast by Technology, 2016-2032
Table 14: North America Market Volume (Units) Forecast by Technology, 2016-2032
Table 15: North America Market Value (US$ Mn) Forecast by Type, 2016-2032
Table 16: North America Market Volume (Units) Forecast by Type, 2016-2032
Table 17: Latin America Market Value (US$ Mn) Forecast by Country, 2016-2032
Table 18: Latin America Market Volume (Units) Forecast by Country, 2016-2032
Table 19: Latin America Market Value (US$ Mn) Forecast by End user, 2016-2032
Table 20: Latin America Market Volume (Units) Forecast by End user, 2016-2032
Table 21: Latin America Market Value (US$ Mn) Forecast by Technology, 2016-2032
Table 22: Latin America Market Volume (Units) Forecast by Technology, 2016-2032
Table 23: Latin America Market Value (US$ Mn) Forecast by Type, 2016-2032
Table 24: Latin America Market Volume (Units) Forecast by Type, 2016-2032
Table 25: Europe Market Value (US$ Mn) Forecast by Country, 2016-2032
Table 26: Europe Market Volume (Units) Forecast by Country, 2016-2032
Table 27: Europe Market Value (US$ Mn) Forecast by End user, 2016-2032
Table 28: Europe Market Volume (Units) Forecast by End user, 2016-2032
Table 29: Europe Market Value (US$ Mn) Forecast by Technology, 2016-2032
Table 30: Europe Market Volume (Units) Forecast by Technology, 2016-2032
Table 31: Europe Market Value (US$ Mn) Forecast by Type, 2016-2032
Table 32: Europe Market Volume (Units) Forecast by Type, 2016-2032
Table 33: Asia Pacific Market Value (US$ Mn) Forecast by Country, 2016-2032
Table 34: Asia Pacific Market Volume (Units) Forecast by Country, 2016-2032
Table 35: Asia Pacific Market Value (US$ Mn) Forecast by End user, 2016-2032
Table 36: Asia Pacific Market Volume (Units) Forecast by End user, 2016-2032
Table 37: Asia Pacific Market Value (US$ Mn) Forecast by Technology, 2016-2032
Table 38: Asia Pacific Market Volume (Units) Forecast by Technology, 2016-2032
Table 39: Asia Pacific Market Value (US$ Mn) Forecast by Type, 2016-2032
Table 40: Asia Pacific Market Volume (Units) Forecast by Type, 2016-2032
Table 41: MEA Market Value (US$ Mn) Forecast by Country, 2016-2032
Table 42: MEA Market Volume (Units) Forecast by Country, 2016-2032
Table 43: MEA Market Value (US$ Mn) Forecast by End user, 2016-2032
Table 44: MEA Market Volume (Units) Forecast by End user, 2016-2032
Table 45: MEA Market Value (US$ Mn) Forecast by Technology, 2016-2032
Table 46: MEA Market Volume (Units) Forecast by Technology, 2016-2032
Table 47: MEA Market Value (US$ Mn) Forecast by Type, 2016-2032
Table 48: MEA Market Volume (Units) Forecast by Type, 2016-2032
Figure 1: Global Market Value (US$ Mn) by End user, 2022-2032
Figure 2: Global Market Value (US$ Mn) by Technology, 2022-2032
Figure 3: Global Market Value (US$ Mn) by Type, 2022-2032
Figure 4: Global Market Value (US$ Mn) by Region, 2022-2032
Figure 5: Global Market Value (US$ Mn) Analysis by Region, 2016-2032
Figure 6: Global Market Volume (Units) Analysis by Region, 2016-2032
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 9: Global Market Value (US$ Mn) Analysis by End user, 2016-2032
Figure 10: Global Market Volume (Units) Analysis by End user, 2016-2032
Figure 11: Global Market Value Share (%) and BPS Analysis by End user, 2022-2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by End user, 2022-2032
Figure 13: Global Market Value (US$ Mn) Analysis by Technology, 2016-2032
Figure 14: Global Market Volume (Units) Analysis by Technology, 2016-2032
Figure 15: Global Market Value Share (%) and BPS Analysis by Technology, 2022-2032
Figure 16: Global Market Y-o-Y Growth (%) Projections by Technology, 2022-2032
Figure 17: Global Market Value (US$ Mn) Analysis by Type, 2016-2032
Figure 18: Global Market Volume (Units) Analysis by Type, 2016-2032
Figure 19: Global Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 20: Global Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 21: Global Market Attractiveness by End user, 2022-2032
Figure 22: Global Market Attractiveness by Technology, 2022-2032
Figure 23: Global Market Attractiveness by Type, 2022-2032
Figure 24: Global Market Attractiveness by Region, 2022-2032
Figure 25: North America Market Value (US$ Mn) by End user, 2022-2032
Figure 26: North America Market Value (US$ Mn) by Technology, 2022-2032
Figure 27: North America Market Value (US$ Mn) by Type, 2022-2032
Figure 28: North America Market Value (US$ Mn) by Country, 2022-2032
Figure 29: North America Market Value (US$ Mn) Analysis by Country, 2016-2032
Figure 30: North America Market Volume (Units) Analysis by Country, 2016-2032
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 33: North America Market Value (US$ Mn) Analysis by End user, 2016-2032
Figure 34: North America Market Volume (Units) Analysis by End user, 2016-2032
Figure 35: North America Market Value Share (%) and BPS Analysis by End user, 2022-2032
Figure 36: North America Market Y-o-Y Growth (%) Projections by End user, 2022-2032
Figure 37: North America Market Value (US$ Mn) Analysis by Technology, 2016-2032
Figure 38: North America Market Volume (Units) Analysis by Technology, 2016-2032
Figure 39: North America Market Value Share (%) and BPS Analysis by Technology, 2022-2032
Figure 40: North America Market Y-o-Y Growth (%) Projections by Technology, 2022-2032
Figure 41: North America Market Value (US$ Mn) Analysis by Type, 2016-2032
Figure 42: North America Market Volume (Units) Analysis by Type, 2016-2032
Figure 43: North America Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 44: North America Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 45: North America Market Attractiveness by End user, 2022-2032
Figure 46: North America Market Attractiveness by Technology, 2022-2032
Figure 47: North America Market Attractiveness by Type, 2022-2032
Figure 48: North America Market Attractiveness by Country, 2022-2032
Figure 49: Latin America Market Value (US$ Mn) by End user, 2022-2032
Figure 50: Latin America Market Value (US$ Mn) by Technology, 2022-2032
Figure 51: Latin America Market Value (US$ Mn) by Type, 2022-2032
Figure 52: Latin America Market Value (US$ Mn) by Country, 2022-2032
Figure 53: Latin America Market Value (US$ Mn) Analysis by Country, 2016-2032
Figure 54: Latin America Market Volume (Units) Analysis by Country, 2016-2032
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 57: Latin America Market Value (US$ Mn) Analysis by End user, 2016-2032
Figure 58: Latin America Market Volume (Units) Analysis by End user, 2016-2032
Figure 59: Latin America Market Value Share (%) and BPS Analysis by End user, 2022-2032
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by End user, 2022-2032
Figure 61: Latin America Market Value (US$ Mn) Analysis by Technology, 2016-2032
Figure 62: Latin America Market Volume (Units) Analysis by Technology, 2016-2032
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Technology, 2022-2032
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Technology, 2022-2032
Figure 65: Latin America Market Value (US$ Mn) Analysis by Type, 2016-2032
Figure 66: Latin America Market Volume (Units) Analysis by Type, 2016-2032
Figure 67: Latin America Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 69: Latin America Market Attractiveness by End user, 2022-2032
Figure 70: Latin America Market Attractiveness by Technology, 2022-2032
Figure 71: Latin America Market Attractiveness by Type, 2022-2032
Figure 72: Latin America Market Attractiveness by Country, 2022-2032
Figure 73: Europe Market Value (US$ Mn) by End user, 2022-2032
Figure 74: Europe Market Value (US$ Mn) by Technology, 2022-2032
Figure 75: Europe Market Value (US$ Mn) by Type, 2022-2032
Figure 76: Europe Market Value (US$ Mn) by Country, 2022-2032
Figure 77: Europe Market Value (US$ Mn) Analysis by Country, 2016-2032
Figure 78: Europe Market Volume (Units) Analysis by Country, 2016-2032
Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 81: Europe Market Value (US$ Mn) Analysis by End user, 2016-2032
Figure 82: Europe Market Volume (Units) Analysis by End user, 2016-2032
Figure 83: Europe Market Value Share (%) and BPS Analysis by End user, 2022-2032
Figure 84: Europe Market Y-o-Y Growth (%) Projections by End user, 2022-2032
Figure 85: Europe Market Value (US$ Mn) Analysis by Technology, 2016-2032
Figure 86: Europe Market Volume (Units) Analysis by Technology, 2016-2032
Figure 87: Europe Market Value Share (%) and BPS Analysis by Technology, 2022-2032
Figure 88: Europe Market Y-o-Y Growth (%) Projections by Technology, 2022-2032
Figure 89: Europe Market Value (US$ Mn) Analysis by Type, 2016-2032
Figure 90: Europe Market Volume (Units) Analysis by Type, 2016-2032
Figure 91: Europe Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 92: Europe Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 93: Europe Market Attractiveness by End user, 2022-2032
Figure 94: Europe Market Attractiveness by Technology, 2022-2032
Figure 95: Europe Market Attractiveness by Type, 2022-2032
Figure 96: Europe Market Attractiveness by Country, 2022-2032
Figure 97: Asia Pacific Market Value (US$ Mn) by End user, 2022-2032
Figure 98: Asia Pacific Market Value (US$ Mn) by Technology, 2022-2032
Figure 99: Asia Pacific Market Value (US$ Mn) by Type, 2022-2032
Figure 100: Asia Pacific Market Value (US$ Mn) by Country, 2022-2032
Figure 101: Asia Pacific Market Value (US$ Mn) Analysis by Country, 2016-2032
Figure 102: Asia Pacific Market Volume (Units) Analysis by Country, 2016-2032
Figure 103: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 104: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 105: Asia Pacific Market Value (US$ Mn) Analysis by End user, 2016-2032
Figure 106: Asia Pacific Market Volume (Units) Analysis by End user, 2016-2032
Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by End user, 2022-2032
Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by End user, 2022-2032
Figure 109: Asia Pacific Market Value (US$ Mn) Analysis by Technology, 2016-2032
Figure 110: Asia Pacific Market Volume (Units) Analysis by Technology, 2016-2032
Figure 111: Asia Pacific Market Value Share (%) and BPS Analysis by Technology, 2022-2032
Figure 112: Asia Pacific Market Y-o-Y Growth (%) Projections by Technology, 2022-2032
Figure 113: Asia Pacific Market Value (US$ Mn) Analysis by Type, 2016-2032
Figure 114: Asia Pacific Market Volume (Units) Analysis by Type, 2016-2032
Figure 115: Asia Pacific Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 116: Asia Pacific Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 117: Asia Pacific Market Attractiveness by End user, 2022-2032
Figure 118: Asia Pacific Market Attractiveness by Technology, 2022-2032
Figure 119: Asia Pacific Market Attractiveness by Type, 2022-2032
Figure 120: Asia Pacific Market Attractiveness by Country, 2022-2032
Figure 121: MEA Market Value (US$ Mn) by End user, 2022-2032
Figure 122: MEA Market Value (US$ Mn) by Technology, 2022-2032
Figure 123: MEA Market Value (US$ Mn) by Type, 2022-2032
Figure 124: MEA Market Value (US$ Mn) by Country, 2022-2032
Figure 125: MEA Market Value (US$ Mn) Analysis by Country, 2016-2032
Figure 126: MEA Market Volume (Units) Analysis by Country, 2016-2032
Figure 127: MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 128: MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 129: MEA Market Value (US$ Mn) Analysis by End user, 2016-2032
Figure 130: MEA Market Volume (Units) Analysis by End user, 2016-2032
Figure 131: MEA Market Value Share (%) and BPS Analysis by End user, 2022-2032
Figure 132: MEA Market Y-o-Y Growth (%) Projections by End user, 2022-2032
Figure 133: MEA Market Value (US$ Mn) Analysis by Technology, 2016-2032
Figure 134: MEA Market Volume (Units) Analysis by Technology, 2016-2032
Figure 135: MEA Market Value Share (%) and BPS Analysis by Technology, 2022-2032
Figure 136: MEA Market Y-o-Y Growth (%) Projections by Technology, 2022-2032
Figure 137: MEA Market Value (US$ Mn) Analysis by Type, 2016-2032
Figure 138: MEA Market Volume (Units) Analysis by Type, 2016-2032
Figure 139: MEA Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 140: MEA Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 141: MEA Market Attractiveness by End user, 2022-2032
Figure 142: MEA Market Attractiveness by Technology, 2022-2032
Figure 143: MEA Market Attractiveness by Type, 2022-2032
Figure 144: MEA Market Attractiveness by Country, 2022-2032
As of 2022, the MEMS Pressure Sensor market is slated to reach a valuation of USD 2,242.5 Million.
From 2022 to 2032, sales of MEMS Pressure Sensor is expected to grow at a 6.2% CAGR.
By 2032, Future Market Insights expects the MEMS Pressure Sensor market to reach USD 4,086.9 Million.
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MEMS Pressure Sensor Market
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