Report Code: CMI30152

Published Date: September 2023

Pages: 220+

Category: Semiconductors & Electronics

Report Snapshot

CAGR: 7%
2227.99M
2022
2364.71M
2023
3595.28M
2032

Source: CMI

Study Period: 2024-2033
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • First Sensor AG
  • Bosch Sensortec GmbH
  • Honeywell International Inc.
  • Murata Manufacturing Co. Ltd.
  • ROHM Co. Ltd.
  • Others

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Reports Description

As per the current market research conducted by the CMI Team, the global MEMS Pressure Sensor Market is expected to record a CAGR of 7% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 2227.99 million. By 2032, the valuation is anticipated to reach USD 3595.28 million.

Microelectromechanical systems (MEMS) devices are built by integrating miniature mechanical and electronic components onto a silicon chip. The MEMS pressure sensor is a specialized component that combines a pressure sensing element with a digital conditioning processor.

This processor serves to digitally compensate for variations in drift, sensitivity, and linearity parameters. The output from this pressure sensor is a calibrated and compensated standard voltage signal, which is determined by the power supply voltage. These pressure sensors are particularly suitable for measuring the pressure of pure, non-corrosive gases.

The MEMS series of pressure sensors are designed for precisely measuring pressure in clean, non-corrosive gas environments. They leverage MEMS technology and are available in various packaging options such as SOP, DIP, COB, and others.

MEMS Pressure Sensor Market – Significant Growth Factors

MEMS (Microelectromechanical Systems) technology brings reliability, durability, and precision to bolster the advancement of the smart industry. Within Industry 4.0, MEMS sensors play a pivotal role by enabling early failure detection and supporting predictive maintenance systems.

These sensors are crucial for analyzing factors like temperature, vibration, sound, pressure, and acoustics, which are integral for optimizing industrial processes. Consequently, the demand for MEMS pressure sensors is on the rise, particularly in the context of Industry 4.0 and automation applications.

The manufacturing sector has undergone a profound transformation, largely driven by Industry 4.0 and the integration of the Internet of Things (IoT). This transformation has led enterprises to adopt more intelligent, adaptable, and innovative approaches to enhance production processes.

Technologies that seamlessly blend with human labor while reducing industrial accidents and automating tasks have become increasingly prevalent. Consequently, this shift is a significant driving force expected to propel the global MEMS pressure sensors market forward during the forecast period.

Sensor technologies have significantly improved people’s lives across various domains. Sensors play a crucial role in detecting and collecting signals from the environment or a source, subsequently triggering appropriate responses. These sensors utilize diverse sources like temperature, light, pressure, and motion to capture signals.

Innovative sensor technologies find applications in healthcare, lifestyle, manufacturing, fitness, and everyday life scenarios. For instance, sensors are employed in medical drug delivery systems to enhance drug administration precision. Biological sensors leverage biological molecules as receptors for detecting specific target chemicals.

These diverse sensor-rich applications are fostering a robust demand for MEMS pressure sensors. As a result, the global MEMS pressure sensors market is expected to witness substantial growth during the forecast period.

The global MEMS pressure sensors market is poised for growth opportunities, thanks to the emergence of novel technologies and the increasing trend towards automation. These sensors are predicted to find new applications, particularly in the automotive and healthcare sectors.

Furthermore, the utilization of MEMS pressure sensors is on the rise in innovative devices like smartwatches, fitness trackers, smart sensor nodes for the Internet of Things (IoT), and virtual reality glasses. These developments are expected to present numerous avenues for market players to capitalize on.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

MEMS Pressure Sensor Market Cable Assembly Market Semiconductor Fabrication Material Market
CAGR 7% (Approx) CAGR 7% (Approx) CAGR 5.4% (Approx)
USD 3595.28 Million by 2032 USD 265.22 Billion by 2032 USD 82.1 Billion by 2032

MEMS Pressure Sensor Market – Significant Threats

  • In December 2021, NextNav initiated a collaboration with Bosch Sensortec, a company specializing in sensing solutions for consumer electronics. This partnership aimed to enhance the precision of vertical placement in barometric pressure sensors.
  • In February 2021, STMicroelectronics NV announced a strategic partnership with Politecnico di Milano, a leading scientific and technological university. Their collaboration was aimed at establishing a joint research center focused on advanced materials for sensors.
  • In the same month, February 2021, STMicroelectronics NV introduced the next generation of MEMS sensors. These sensors represented a significant leap in terms of features and performance, catering to consumer mobile devices, as well as various industries including retail and healthcare.
  • Fast forward to July 2022, Bosch Sensortec made an announcement regarding Edge Impulse, a machine-learning platform. It extended its support to sensors from Bosch Sensortec, particularly on the Arduino NiclaSense Me Microcontroller.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 2364.71 Million
Projected Market Size in 2032 USD 3595.28 Million
Market Size in 2022 USD 2227.99 Million
CAGR Growth Rate 7% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Application, Type and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
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Category-Wise Insights

Based on Application:

The global market is categorized by application into Medical, Automotive, Industrial, Aerospace and Defense, and Consumer Electronics. Among these, the Medical segment is anticipated to exert dominance over the forecast period. This can be attributed to the widespread utilization of MEMS pressure sensors across various healthcare applications.

For example, MEMS pressure sensors play a vital role in medical devices like ventilators, which are crucial for providing respiratory assistance to patients suffering from conditions that impair normal breathing or those who have sustained severe injuries. Consequently, the Medical segment is poised for robust growth within the global MEMS pressure sensors market in the forecast period.

Based on Automotive:

The Automotive segment is poised for substantial growth in the near future. This growth is primarily fueled by the burgeoning automotive industry, characterized by the ongoing electrification, automation, and connectivity trends in vehicles. These trends are driving the demand for semiconductor devices, including MEMS sensors.

As vehicles become increasingly electrified, automated, and interconnected, the automotive applications of MEMS pressure sensors are expected to experience robust expansion. This, in turn, will be a key driver propelling the overall growth of the market.

Global MEMS Pressure Sensor Market 2023–2032 (By Million)

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MEMS Pressure Sensor Market – Regional Analysis

North America:

North America is poised to maintain its dominance in the global MEMS pressure sensors market throughout the forecast period. This prominence is attributed to the increasing adoption of MEMS pressure sensors across diverse sectors, including aerospace, automotive, and healthcare, among others.

Additionally, stringent government regulations related to passenger safety, coupled with the rapid growth of the aerospace and automotive industries in the region, are expected to drive substantial demand for MEMS pressure sensors.

Furthermore, the rising adoption of the Internet of Things (IoT) across various applications, including industrial, automotive, and manufacturing, along with the continuous emergence of information technology, is anticipated to further stimulate market growth in the North American region.

Asia Pacific:

The Asia Pacific region is poised to experience substantial growth in the global MEMS pressure sensors market during the forecast period. This growth can be attributed to the remarkable expansion of the region’s automotive industry in recent years.

Asia Pacific is renowned as the headquarters for major players in the automotive sector, including prominent names such as Renault, Kia, and Hyundai. Consequently, the demand for MEMS pressure sensors in this region is expected to persistently rise, driven by the automotive industry’s continued growth. This, in turn, is projected to contribute significantly to the overall market growth within the Asia Pacific region.

Global MEMS Pressure Sensor Market 2023–2032 (By Type)

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List of the prominent players in the MEMS Pressure Sensor Market:

  • First Sensor AG
  • Bosch Sensortec GmbH
  • Honeywell International Inc.
  • Murata Manufacturing Co. Ltd.
  • ROHM Co. Ltd.
  • Amphenol Corporation
  • InvenSense Inc. (TDK Corporation)
  • Sensata Technologies Inc.
  • NXP Semiconductors NV (Freescale)
  • Goertek Inc.
  • TE Connectivity Ltd.
  • STMicroelectronics NV
  • Infineon Technologies AG
  • Omron Corporation
  • Alps Alpine Co. Ltd.
  • Others

The MEMS Pressure Sensor Market is segmented as follows:

By Application

  • Medical
  • Automotive
  • Industrial
  • Aerospace and Defense
  • Consumer Electronics

By Type

  • Silicon Piezoresistive
  • Silicon Capacitive

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global MEMS Pressure Sensor Market, (2024 – 2033) (USD Million)
    • 2.2 Global MEMS Pressure Sensor Market : snapshot
  • Chapter 3. Global MEMS Pressure Sensor Market – Industry Analysis
    • 3.1 MEMS Pressure Sensor Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Automotive Industry Integration
      • 3.2.2 Healthcare Applications
      • 3.2.3 IoT Proliferation
      • 3.2.4 Industrial Automation
      • 3.2.5 Consumer Electronics
      • 3.2.6 Energy Efficiency
      • 3.2.7 Technological Advancements.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Application
      • 3.7.2 Market attractiveness analysis By Type
  • Chapter 4. Global MEMS Pressure Sensor Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global MEMS Pressure Sensor Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global MEMS Pressure Sensor Market – Application Analysis
    • 5.1 Global MEMS Pressure Sensor Market overview: By Application
      • 5.1.1 Global MEMS Pressure Sensor Market share, By Application, 2022 and – 2033
    • 5.2 Medical
      • 5.2.1 Global MEMS Pressure Sensor Market by Medical, 2024 – 2033 (USD Million)
    • 5.3 Automotive
      • 5.3.1 Global MEMS Pressure Sensor Market by Automotive, 2024 – 2033 (USD Million)
    • 5.4 Industrial
      • 5.4.1 Global MEMS Pressure Sensor Market by Industrial, 2024 – 2033 (USD Million)
    • 5.5 Aerospace and Defense
      • 5.5.1 Global MEMS Pressure Sensor Market by Aerospace and Defense, 2024 – 2033 (USD Million)
    • 5.6 Consumer Electronics
      • 5.6.1 Global MEMS Pressure Sensor Market by Consumer Electronics, 2024 – 2033 (USD Million)
  • Chapter 6. Global MEMS Pressure Sensor Market – Type Analysis
    • 6.1 Global MEMS Pressure Sensor Market overview: By Type
      • 6.1.1 Global MEMS Pressure Sensor Market share, By Type, 2022 and – 2033
    • 6.2 Silicon Piezoresistive
      • 6.2.1 Global MEMS Pressure Sensor Market by Silicon Piezoresistive, 2024 – 2033 (USD Million)
    • 6.3 Silicon Capacitive
      • 6.3.1 Global MEMS Pressure Sensor Market by Silicon Capacitive, 2024 – 2033 (USD Million)
  • Chapter 7. MEMS Pressure Sensor Industry – Regional Analysis
    • 7.1 Global MEMS Pressure Sensor Industry Regional Overview
    • 7.2 Global MEMS Pressure Sensor Industry Share, by Region, 2022 & – 2033 (USD Million)
    • 7.3. North America
      • 7.3.1 North America MEMS Pressure Sensor Industry, 2024 – 2033 (USD Million)
        • 7.3.1.1 North America MEMS Pressure Sensor Industry, by Country, 2024 – 2033 (USD Million)
    • 7.4 North America MEMS Pressure Sensor Industry, by Application, 2024 – 2033
      • 7.4.1 North America MEMS Pressure Sensor Industry, by Application, 2024 – 2033 (USD Million)
    • 7.5 North America MEMS Pressure Sensor Industry, by Type, 2024 – 2033
      • 7.5.1 North America MEMS Pressure Sensor Industry, by Type, 2024 – 2033 (USD Million)
    • 7.6. Europe
      • 7.6.1 Europe MEMS Pressure Sensor Industry, 2024 – 2033 (USD Million)
        • 7.6.1.1 Europe MEMS Pressure Sensor Industry, by Country, 2024 – 2033 (USD Million)
    • 7.7 Europe MEMS Pressure Sensor Industry, by Application, 2024 – 2033
      • 7.7.1 Europe MEMS Pressure Sensor Industry, by Application, 2024 – 2033 (USD Million)
    • 7.8 Europe MEMS Pressure Sensor Industry, by Type, 2024 – 2033
      • 7.8.1 Europe MEMS Pressure Sensor Industry, by Type, 2024 – 2033 (USD Million)
    • 7.9. Asia Pacific
      • 7.9.1 Asia Pacific MEMS Pressure Sensor Industry, 2024 – 2033 (USD Million)
        • 7.9.1.1 Asia Pacific MEMS Pressure Sensor Industry, by Country, 2024 – 2033 (USD Million)
    • 7.10 Asia Pacific MEMS Pressure Sensor Industry, by Application, 2024 – 2033
      • 7.10.1 Asia Pacific MEMS Pressure Sensor Industry, by Application, 2024 – 2033 (USD Million)
    • 7.11 Asia Pacific MEMS Pressure Sensor Industry, by Type, 2024 – 2033
      • 7.11.1 Asia Pacific MEMS Pressure Sensor Industry, by Type, 2024 – 2033 (USD Million)
    • 7.12. Latin America
      • 7.12.1 Latin America MEMS Pressure Sensor Industry, 2024 – 2033 (USD Million)
        • 7.12.1.1 Latin America MEMS Pressure Sensor Industry, by Country, 2024 – 2033 (USD Million)
    • 7.13 Latin America MEMS Pressure Sensor Industry, by Application, 2024 – 2033
      • 7.13.1 Latin America MEMS Pressure Sensor Industry, by Application, 2024 – 2033 (USD Million)
    • 7.14 Latin America MEMS Pressure Sensor Industry, by Type, 2024 – 2033
      • 7.14.1 Latin America MEMS Pressure Sensor Industry, by Type, 2024 – 2033 (USD Million)
    • 7.15. The Middle-East and Africa
      • 7.15.1 The Middle-East and Africa MEMS Pressure Sensor Industry, 2024 – 2033 (USD Million)
        • 7.15.1.1 The Middle-East and Africa MEMS Pressure Sensor Industry, by Country, 2024 – 2033 (USD Million)
    • 7.16 The Middle-East and Africa MEMS Pressure Sensor Industry, by Application, 2024 – 2033
      • 7.16.1 The Middle-East and Africa MEMS Pressure Sensor Industry, by Application, 2024 – 2033 (USD Million)
    • 7.17 The Middle-East and Africa MEMS Pressure Sensor Industry, by Type, 2024 – 2033
      • 7.17.1 The Middle-East and Africa MEMS Pressure Sensor Industry, by Type, 2024 – 2033 (USD Million)
  • Chapter 8. Company Profiles
    • 8.1 First Sensor AG
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 Bosch Sensortec GmbH
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Honeywell International Inc.
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Murata Manufacturing Co. Ltd.
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 ROHM Co. Ltd.
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Amphenol Corporation
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 InvenSense Inc. (TDK Corporation)
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 Sensata Technologies Inc.
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 NXP Semiconductors NV (Freescale)
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 Goertek Inc.
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 TE Connectivity Ltd.
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments
    • 8.12 STMicroelectronics NV
      • 8.12.1 Overview
      • 8.12.2 Financials
      • 8.12.3 Product Portfolio
      • 8.12.4 Business Strategy
      • 8.12.5 Recent Developments
    • 8.13 Infineon Technologies AG
      • 8.13.1 Overview
      • 8.13.2 Financials
      • 8.13.3 Product Portfolio
      • 8.13.4 Business Strategy
      • 8.13.5 Recent Developments
    • 8.14 Omron Corporation
      • 8.14.1 Overview
      • 8.14.2 Financials
      • 8.14.3 Product Portfolio
      • 8.14.4 Business Strategy
      • 8.14.5 Recent Developments
    • 8.15 Alps Alpine Co. Ltd.
      • 8.15.1 Overview
      • 8.15.2 Financials
      • 8.15.3 Product Portfolio
      • 8.15.4 Business Strategy
      • 8.15.5 Recent Developments
    • 8.16 Others.
      • 8.16.1 Overview
      • 8.16.2 Financials
      • 8.16.3 Product Portfolio
      • 8.16.4 Business Strategy
      • 8.16.5 Recent Developments
List Of Figures

Figures No 1 to 21

List Of Tables

Tables No 1 to 52

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • First Sensor AG
  • Bosch Sensortec GmbH
  • Honeywell International Inc.
  • Murata Manufacturing Co. Ltd.
  • ROHM Co. Ltd.
  • Amphenol Corporation
  • InvenSense Inc. (TDK Corporation)
  • Sensata Technologies Inc.
  • NXP Semiconductors NV (Freescale)
  • Goertek Inc.
  • TE Connectivity Ltd.
  • STMicroelectronics NV
  • Infineon Technologies AG
  • Omron Corporation
  • Alps Alpine Co. Ltd.
  • Others

FAQs

The key factors driving the Market are Automotive Industry Integration, Healthcare Applications, IoT Proliferation, Industrial Automation, Consumer Electronics, Energy Efficiency And Technological Advancements.

The “Application” category dominated the market in 2022.

The key players in the market are First Sensor AG, Bosch Sensortec GmbH, Honeywell International Inc., Murata Manufacturing Co. Ltd., ROHM Co. Ltd., Amphenol Corporation, InvenSense Inc. (TDK Corporation), Sensata Technologies Inc., NXP Semiconductors NV (Freescale), Goertek Inc., TE Connectivity Ltd., STMicroelectronics NV, Infineon Technologies AG, Omron Corporation, Alps Alpine Co. Ltd., Others.

“North America” had the largest share in the MEMS Pressure Sensor Market.

The global market is projected to grow at a CAGR of 7% during the forecast period, 2023-2032.

The MEMS Pressure Sensor Market size was valued at USD 2227.99 Million in 2022.

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