Pressure Sensor Market Size, Share & Trends Analysis growing at a CAGR of 4.1% from 2025 to 2030
The global pressure sensor market size was estimated at USD 20,604.9 million in 2024 and is projected to reach USD 26,316.2 million by 2030, growing at a CAGR of 4.1% from 2025 to 2030. The market growth is driven by increasing demand across various industries, including automotive and healthcare.
Key Market Trends & Insights
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
- In terms of segment, absolute pressure sensor accounted for a revenue of USD 8,785.2 million in 2024.
- Differential Pressure Sensor is the most lucrative product segment, registering the fastest growth during the forecast period.
Market Size & Forecast
- 2024 Market Size: USD 20,604.9 Million
- 2030 Projected Market Size: USD 26,316.2 Million
- CAGR (2025-2030): 4.1%
- Asia Pacific: Largest market in 2024
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Applications range from consumer electronics and portable healthcare wearables to alarm systems, medical breathing devices, water purifiers, refrigeration systems, and off-road construction equipment. In addition, advancements in technology have enabled the development of compact, cost-effective, and smart pressure sensors that integrate with smart devices for precise measurements, further fueling market demand.
The growing use of pressure sensors in home appliances, such as refrigerators and washing machines, is driving the demand for pressure sensors. Numerous pressure sensor providers are also focusing on developing innovative products to cater to the increasing demand from the automotive sector. For instance, in October 2024, Future Electronics, a prominent company in electronic component distribution, announced the availability of Melexis’ Triphibian family of MEMS pressure sensors. This innovative, patented technology is a breakthrough for the automotive industry and related markets, as it can withstand pressures exceeding 5 bar while maintaining direct contact with liquid media. Such product launches are harnessing innovation and growth in the pressure sensor industry.
