The global pressure sensors market was valued at USD 20.48 billion in 2024. The market is projected to grow from USD 21.39 billion in 2025 to USD 31.93 billion by 2034. It is projected to exhibit a CAGR of 4.5% from 2025 to 2034.
Pressure sensors are transducers used to measure the pressure in gases or liquids. These sensors detect capacitance to determine the actual pressure. Pressure sensors are categorized into various types based on measurement methods and sensing technology, including capacitive pressure sensors, piezoelectric pressure sensors, piezoelectric pressure sensors, and differential pressure sensors.
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The growing demand for pressure sensors from the automotive and healthcare sectors and the rising adoption of micro-electro-mechanical systems (MEMS) technology are among the key factors driving the pressure sensors market development. Increasing applications of pressure sensors in consumer goods, wearables, and connected devices further accelerate their adoption.
The rising emphasis on the development of new materials and technologies to enhance the sensitivity and durability of pressure sensors is anticipated to impact the market for pressure sensors favorably. The wide-scale adoption of IoT and remote connectivity and the introduction of favorable government regulations to promote pressure sensor usage are expected to provide lucrative opportunities for the pressure sensors market during the forecast period.
Several factors such as increased vehicle demand, technological innovations, and the introduction of new safety and emission standards contribute to the growth of the automotive sector. As the automotive sector continues to innovate, there is a growing focus on the development of electric and autonomous vehicles, resulting in increased investments in R&D initiatives. This shift has led to increased demand for automotive components, including pressure sensors, used in critical applications such as ADAS and engine management systems. Therefore, the growing automotive sector across the world fuels the pressure sensors market demand.
Pressure sensors are used in various medical applications, including infusion pumps, blood pressure monitors, and ventilators, where precise pressure measurement is critical for patient safety and health. The use of pressure sensors has made portable medical devices more common. Further, innovations in medical technology and increased focus on healthcare quality drive the adoption of pressure sensors in the healthcare industry. Thus, the rapid growth of the healthcare industry contributes to the pressure sensors market expansion.
The pressure sensors market, based on type, is segmented into absolute pressure sensors, differential pressure sensors, gauge pressure sensors, and others. The absolute pressure sensors segment dominated the market with over 46.01% revenue share in 2024. These sensors provide a pressure measurement relative to zero or reference pressure. They are sealed to maintain a vacuum reference, which enables precise pressure measurements. Absolute pressure sensors are used in several applications, including weather forecasting, altimeters, leaking testing, and engine performance testing. The increased emphasis on error-free engine functionality to produce safe and secure automobiles is a major factor driving the segment’s growth.
The pressure sensors market, based on technology, is segmented into optical, piezoresistive, electromagnetic, capacitive, resonant solid-state, and others. The electromagnetic segment is anticipated to witness the highest growth rate from 2025 to 2034. The rising emphasis on the ability of electromagnetic pressure sensors to convert applied pressure into electrical signals is expected to boost the demand for these sensors in electrical applications. In addition, benefits such as low cost and high efficiency are anticipated to drive the segment growth.
By region, market research report offers pressure sensors market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific dominated the market with 41% of the share of global revenue in 2024. The rising need for automation and growing demand from emerging countries such as China, Japan, India, and South Korea support the market growth in the region. The implementation of favorable government regulations further boosts the adoption of pressure sensors in Asia Pacific.
The North America pressure sensors market is projected to register a significant growth rate during the forecast period. The high demand for pressure sensors in tire-pressure monitoring systems and exhaust gas recirculation systems is projected to fuel the regional market growth. The presence of several established players is another major factor anticipated to drive market revenue in North America.
The research study encompasses a thorough vendor share research for all the major market players. The market for pressure sensors is highly competitive and has the presence of a large number of small and medium-sized businesses. The top market participants are introducing new products to cater to the growing customer needs. In addition, these companies are using strategic developments such as collaborations, partnerships, and mergers and acquisitions to enhance their offerings and expand their regional footprint.
To thrive in the competitive market environment, companies deliver pressure sensors that are efficient and cost-effective. A few of the key players in the market are General Electric, Infineon Technologies, ABB Ltd., Emerson Electric Company, NXP Semiconductors N.V., Robert Bosch GmbH, Siemens AG, Omron Corporation, Schneider Electric, and Honeywell International.
January 2024: ABB announced the acquisition of Real Tech, a Canada-based company known for its optical sensor technologies. The company stated that the strategic move will help it expand its presence in the smart water management sector.
October 2023: Emerson Electric Company completed the acquisition of National Instruments Corp. According to Emerson, the acquisition will advance its position as a global automation leader and expand its end market exposure in discrete markets.
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Report Attributes |
Details |
Market Size Value in 2024 |
USD 20.48 billion |
Market Size Value in 2025 |
USD 21.39 billion |
Revenue Forecast by 2034 |
USD 31.93 billion |
CAGR |
4.5% from 2025 to 2034 |
Base Year |
2024 |
Historical Data |
2020–2023 |
Forecast Period |
2025–2034 |
Quantitative Units |
Revenue in USD billion and CAGR from 2025 to 2034 |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
|
Regional Scope |
|
Competitive Landscape |
|
Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
The market size was valued at USD 20.48 billion in 2024 and is projected to grow to USD 31.93 billion by 2034.
The market is projected to register a CAGR of 4.5% from 2025 to 2034.
Asia Pacific accounted for the largest region-wise market size in 2024.
General Electric, Infineon Technologies, ABB Ltd., Emerson Electric Company, NXP Semiconductors N.V., Robert Bosch GmbH, Siemens AG, Omron Corporation, Schneider Electric, and Honeywell International are a few key players in the market.
The absolute pressure sensors segment dominated the pressure sensors market share in 2024.
The electromagnetic segment is anticipated to witness the fastest growth rate during the forecast period.