Authored By: Sarah
11 Jul 2024

 MEMS Pressure Sensors Market Size to grow by USD 1030 million between 2024-2028

According to a research report “ MEMS Pressure Sensors Market” by Application (Automotive, Medical, Industrial, Aerospace, Others) Type (Silicon piezoresistive, Silicon capacitive) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1030 million, at a CAGR of  7.43% during the forecast period. The MEMS pressure sensors market experiences significant growth due to the increasing demand from the consumer electronics sector. These sensors are essential components in modern devices such as smartphones and wearables, including smartwatches and fitness trackers. In smartphones, MEMS pressure sensors contribute to advanced features like altitude tracking, enhancing location-based services, and delivering a superior user experience. Wearable devices leverage these sensors for applications like altimeter functions and environmental monitoring. The proliferation of Internet of Things (IoT) devices further fuels market growth, as MEMS pressure sensors are indispensable for enabling connectivity and functionality in these smart and interconnected technologies.

Browse market data tables, figures, and in-depth TOC on “MEMS Pressure Sensors Market” by Application (Automotive, Medical, Industrial, Aerospace, Others) Type (Silicon piezoresistive, Silicon capacitive) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Application, the Automotive segment is projected to dominate the market size in 2024

In the MEMS (Micro-Electro-Mechanical Systems) pressure sensor market, silicon piezoresistive sensors represent a widely adopted technology. Leveraging the piezoresistive effect in silicon, these sensors exhibit a change in electrical resistance when subjected to mechanical stress. This phenomenon is particularly useful in pressure sensors, as the application of pressure to a diaphragm or sensing element results in a measurable electrical resistance change. This variation is subsequently converted into an electrical signal, delivering an accurate representation of the applied pressure. Silicon piezoresistive pressure sensors are renowned for their high sensitivity and precision, making them an ideal choice for various applications, including automotive systems (such as tire pressure monitoring systems), industrial processes, and medical devices.

By Type, Silicon piezoresistive  segment is expected to hold the largest market size for the year 2024

In the automotive sector, Micro-Electromechanical Systems (MEMS) pressure sensors play a vital role in enhancing vehicle safety, efficiency, and performance. These sensors are integral to Tire Pressure Monitoring Systems (TPMS), delivering real-time tire pressure data to optimize fuel consumption, extend tire life, and ensure road safety. MEMS pressure sensors also contribute to engine control systems, monitoring and optimizing combustion processes for improved fuel efficiency and reduced emissions. Furthermore, they are essential components of airbag systems, ensuring proper airbag deployment force based on detected pressure conditions during collisions.

APAC is forecasted to hold the largest market size by region in 2024

The APAC region represents a substantial and vibrant market for MEMS pressure sensors, underpinned by various factors including rapid industrialization, a thriving automotive industry, and a surging demand for consumer electronics. Key contributing countries to the MEMS pressure sensors market expansion in APAC are India, China, Japan, Australia, and Indonesia. In nations such as China, Japan, and South Korea, the automotive sector plays a crucial role in fueling the demand for MEMS pressure sensors. For instance, China, the world's largest automotive market, is witnessing a heightened focus on vehicle safety and efficiency, leading to an increasing adoption of these sensors in applications like Tire Pressure Monitoring Systems (TPMS) and engine control systems, thereby propelling the regional MEMS pressure sensors market growth.

The MEMS Pressure Sensors Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Avnet Inc.
  • Balluff GmbH
  • DENSO Corp.
  • ES Systems
  • General Electric Co.
  • GlobalSpec LLC
  • Infineon Technologies AG
  • Melexis NV
  • MICRO SENSOR CO. LTD.
  • Millar Inc.
  • NXP Semiconductors NV
  • OMRON Corp.
  • Questex Media Group LLC
  • Robert Bosch GmbH
  • Schneider Electric SE
  • Sensata Technologies Inc.
  • STMicroelectronics International N.V.
  • TDK Corp.
  • Texas Instruments Inc.
  • Zhengzhou Winsen Electronics Technology Co. Ltd.
.

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Research Analysis Overview

The MEMS (Micro-Electro-Mechanical Systems) Pressure Sensors market is experiencing significant growth due to the electrification in automobiles and the increasing focus on vehicle safety, emission standards, and electronic system integration. Technological advancements in micro-electronics, miniaturized structures, and chip technology have enabled the development of sophisticated sensors for various vehicle applications. One of the key applications of MEMS pressure sensors is in Electronic Stability Control (ESC) systems, which require precise pressure measurement for optimal performance. In electric cars, battery monitoring systems rely on MEMS sensors for accurate measurement of pressure and temperature to ensure safe and efficient battery operation. The automotive industry's shift towards electrification and the integration of advanced vehicle features, such as infotainment systems, powertrain control, and convenience systems, have led to an increased demand for MEMS sensors. Pestle analysis and production consumption analysis indicate that the market will continue to grow, driven by factors such as the connectivity of vehicles, tire pressure sensors, and predictive-maintenance systems. Moreover, MEMS sensors have applications in various industrial sectors, including robotics, IoT applications, M2M communication, and connected devices. Their signal processing abilities, cost metrics, quality, productivity, and automation technologies make them an essential component of various systems, from acoustics analyses in sound systems to early-failure-detection systems in industrial applications.

Market Research Overview

The MEMS (Micro-electromechanical systems) pressure sensors market is experiencing significant growth in the automotive industry, driven by technological advancements and the electrification of vehicles. The economic slowdown has not deterred the adoption of MEMS sensors in various applications, including ADAS (Advanced Driver-Assistance Systems) and electronic stability control. Infineon Technologies and other LiDAR providers are leading the charge in MEMS radar and lidar sensors for autonomous vehicles. However, the aftermarket for MEMS sensors in diesel cars remains underdeveloped due to emission standards and the shift towards electric vehicles. Sensor fusion, a technology that combines data from multiple sensors, is becoming increasingly important in vehicle safety and control systems, including battery monitoring and powertrain management. The Pestle analysis of the MEMS sensors market reveals opportunities in connect vehicles, tire pressure sensors, and IoT applications. The miniaturization of semiconductor devices, such as MEMS chips, is enabling the development of actuators and sensors for various industries, including industrial robotics, M2M communication, and connected devices. MEMS technologies are also finding applications in non-automotive industries, such as AR/VR equipment, drones, and entertainment systems, where miniaturized structures and high signal processing abilities are essential. The market for MEMS pressure sensors is expected to grow further due to the increasing demand for predictive-maintenance systems, early-failure-detection, and cost metrics in various industries. The MEMS pressure sensors market is characterized by high quality, productivity, and automation technologies, including robotics and IoT applications. The market is expected to continue growing due to the increasing demand for MEMS sensors in various industries, including automobiles, industrial automation, and consumer electronics. In conclusion, the MEMS pressure sensors market is poised for significant growth due to the increasing demand for sensors in various industries, including automobiles, industrial automation, and consumer electronics. The market is driven by technological advancements, electrification in automobiles, and the increasing demand for predictive-maintenance systems, early-failure-detection, and cost metrics. The market is also characterized by high quality, productivity, and automation technologies, including robotics and IoT applications.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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