[303 Pages Report] The global MEMS pressure sensor market is expected to be valued at US$ 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 | US$ 2,242.5 Million |
MEMS Pressure Sensor Market Projected Value (2032) | US$ 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 US$ 4,086.9 Million by 2032.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
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 US$ 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 US 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.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
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 | US$ 2,242.5 Million |
Market Value in 2032 | US$ 4,086.9 Million |
Base Year for Estimation | 2021 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in US$ Million and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
|
Regions Covered |
|
Key Countries Profiled |
|
Key Companies Profiled |
|
Report Customization | Available upon Request |
As of 2022, the MEMS Pressure Sensor market is slated to reach a valuation of US$ 2,242.5 Million.
From 2022-2032, 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 US$ 4,086.9 Million.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2016-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2016-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2016-2021 and Forecast 2022-2032, By End user 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By End user, 2016-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By End user, 2022-2032 5.3.1. Automotive 5.3.2. Healthcare 5.3.3. Industrial 5.4. Y-o-Y Growth Trend Analysis By End user, 2016-2021 5.5. Absolute $ Opportunity Analysis By End user, 2022-2032 6. Global Market Analysis 2016-2021 and Forecast 2022-2032, By Technology 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Technology, 2016-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Technology, 2022-2032 6.3.1. Piezoresistive 6.3.2. Capacitive 6.4. Y-o-Y Growth Trend Analysis By Technology, 2016-2021 6.5. Absolute $ Opportunity Analysis By Technology, 2022-2032 7. Global Market Analysis 2016-2021 and Forecast 2022-2032, By Type 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Type, 2016-2021 7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Type, 2022-2032 7.3.1. Gauge type 7.3.2. Absolute 7.3.3. Differential 7.4. Y-o-Y Growth Trend Analysis By Type, 2016-2021 7.5. Absolute $ Opportunity Analysis By Type, 2022-2032 8. Global Market Analysis 2016-2021 and Forecast 2022-2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2016-2021 8.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2016-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2016-2021 9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By End user 9.2.3. By Technology 9.2.4. By Type 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By End user 9.3.3. By Technology 9.3.4. By Type 9.4. Key Takeaways 10. Latin America Market Analysis 2016-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2016-2021 10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By End user 10.2.3. By Technology 10.2.4. By Type 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By End user 10.3.3. By Technology 10.3.4. By Type 10.4. Key Takeaways 11. Europe Market Analysis 2016-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2016-2021 11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. U.K. 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By End user 11.2.3. By Technology 11.2.4. By Type 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By End user 11.3.3. By Technology 11.3.4. By Type 11.4. Key Takeaways 12. Asia Pacific Market Analysis 2016-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2016-2021 12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Malaysia 12.2.1.5. Singapore 12.2.1.6. Australia 12.2.1.7. New Zealand 12.2.1.8. Rest of APAC 12.2.2. By End user 12.2.3. By Technology 12.2.4. By Type 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By End user 12.3.3. By Technology 12.3.4. By Type 12.4. Key Takeaways 13. MEA Market Analysis 2016-2021 and Forecast 2022-2032, By Country 13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2016-2021 13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Israel 13.2.1.4. Rest of MEA 13.2.2. By End user 13.2.3. By Technology 13.2.4. By Type 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By End user 13.3.3. By Technology 13.3.4. By Type 13.4. Key Takeaways 14. Key Countries Market Analysis 14.1. U.S. 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2021 14.1.2.1. By End user 14.1.2.2. By Technology 14.1.2.3. By Type 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2021 14.2.2.1. By End user 14.2.2.2. By Technology 14.2.2.3. By Type 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2021 14.3.2.1. By End user 14.3.2.2. By Technology 14.3.2.3. By Type 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2021 14.4.2.1. By End user 14.4.2.2. By Technology 14.4.2.3. By Type 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2021 14.5.2.1. By End user 14.5.2.2. By Technology 14.5.2.3. By Type 14.6. U.K. 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2021 14.6.2.1. By End user 14.6.2.2. By Technology 14.6.2.3. By Type 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2021 14.7.2.1. By End user 14.7.2.2. By Technology 14.7.2.3. By Type 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2021 14.8.2.1. By End user 14.8.2.2. By Technology 14.8.2.3. By Type 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2021 14.9.2.1. By End user 14.9.2.2. By Technology 14.9.2.3. By Type 14.10. China 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2021 14.10.2.1. By End user 14.10.2.2. By Technology 14.10.2.3. By Type 14.11. Japan 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2021 14.11.2.1. By End user 14.11.2.2. By Technology 14.11.2.3. By Type 14.12. South Korea 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2021 14.12.2.1. By End user 14.12.2.2. By Technology 14.12.2.3. By Type 14.13. Malaysia 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2021 14.13.2.1. By End user 14.13.2.2. By Technology 14.13.2.3. By Type 14.14. Singapore 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2021 14.14.2.1. By End user 14.14.2.2. By Technology 14.14.2.3. By Type 14.15. Australia 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2021 14.15.2.1. By End user 14.15.2.2. By Technology 14.15.2.3. By Type 14.16. New Zealand 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2021 14.16.2.1. By End user 14.16.2.2. By Technology 14.16.2.3. By Type 14.17. GCC Countries 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2021 14.17.2.1. By End user 14.17.2.2. By Technology 14.17.2.3. By Type 14.18. South Africa 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2021 14.18.2.1. By End user 14.18.2.2. By Technology 14.18.2.3. By Type 14.19. Israel 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2021 14.19.2.1. By End user 14.19.2.2. By Technology 14.19.2.3. By Type 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By End user 15.3.3. By Technology 15.3.4. By Type 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Robert Bosch GmbH 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.1.5.2. Product Strategy 16.1.1.5.3. Channel Strategy 16.1.2. Denso 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.2.5.2. Product Strategy 16.1.2.5.3. Channel Strategy 16.1.3. NXP Semiconductors 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.3.5.2. Product Strategy 16.1.3.5.3. Channel Strategy 16.1.4. General Electric 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.4.5.2. Product Strategy 16.1.4.5.3. Channel Strategy 16.1.5. Texas Instruments 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.5.5.2. Product Strategy 16.1.5.5.3. Channel Strategy 16.1.6. Infineon Technologies 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.6.5.2. Product Strategy 16.1.6.5.3. Channel Strategy 16.1.7. MRON Corporation 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.7.5.2. Product Strategy 16.1.7.5.3. Channel Strategy 16.1.8. Melexis 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.8.5.2. Product Strategy 16.1.8.5.3. Channel Strategy 16.1.9. Honeywell International 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.9.5.2. Product Strategy 16.1.9.5.3. Channel Strategy 16.1.10. ST electronics 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.10.5.2. Product Strategy 16.1.10.5.3. Channel Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
Explore Technology Insights
View Reports