In 2022, the global MEMS pressure sensor market is expected to be worth $2,242.5 million USD. The growing need for controlling and monitoring systems in various industries drives the demand for pressure sensors based on micro-electro-mechanical systems (MEMS) technology.
The growing need for controlling and monitoring systems in various industries drives the demand for pressure sensors based on micro-electro-mechanical systems (MEMS) technology. MEMS technology combines electrical and mechanical components and is further fabricated using integrated circuit (IC) processing techniques to create miniature integrated devices.
Pressure sensors based on micro-electromechanical systems (MEMS) are widely used in applications that require absolute, gauge, and differential pressure measurements. MEMS pressure sensors detect pressure on the micro scale and can produce effects on the macro scale.
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MEMS Pressure Sensors are widely used in harsh environments, ultra-low pressure ranges, and extremely small size atmosphere. Also MEMS Pressure Sensors are utilized in various energy domains, which include electrical, mechanical, thermal, magnetic, chemical and radiant.
Global MEMS Pressure Sensor Market: Market Dynamics
Increasing demand for MEMS Pressure Sensor from automotive industry to enhance reliability, reduce cost and improve performance is the key factor drives 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 sensor 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 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.
However, 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.
Global MEMS Pressure Sensor Market: Regional Outlook
Global MEMS pressure sensor market is witnessing significant growth in all major regions including North America, Latin America, Western Europe, Eastern Europe, and Asia Pacific. Asia pacific market is expected to dominate the market during the forecast period due to government initiatives to expand the industrial infrastructure, presence of large number of automobile and original equipment manufacturers.
Global MEMS Pressure Sensor Market: Competition Landscape
The key vendors in the Global MEMS pressure sensor market, include Robert Bosch GmbH, Denso, NXP Semiconductors, General Electric, Texas Instruments, Infineon Technologies, MRON Corporation, Infineon Technologies AG, and Melexis. Actuations and collaborations with other players in MEMS pressure sensor market is the key strategy followed by top vendors to gain competitive edge.
- In October 2021, TDK Corporation announced the launch of the new C35 Type Pressure Sensor Element. It is designed to measure a range of 0 to 100 mbar. It combines high sensitivity with extremely low dimensions of just 2.05 x 2.05 x 1.2 mm, enabling compact pressure sensor designs. The sensor element is designed for a broad temperature range from -40 °C to +150 °C, and it is suited for pressure measurements of non-aggressive gases and liquids. The main uses are in applications that require high reliability and exact pressure measurements, such as medical engineering, with the industrial and automotive sectors.
- In September 2021, TDK Corporation announced the global availability of the InvenSense ICP-20100 platform, a next-generation, feature-rich MEMS barometric pressure sensor appropriate for applications in smartphones, tablets, drones, and smart home appliances. ICP-20100 improves on the SmartPressure product family’s industry-leading accuracy, long-term drift, and temperature stability through architectural advancements.
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The report covers exhaustive analysis on
- Global MEMS Pressure Sensor Market Segments
- Global MEMS Pressure Sensor Market Dynamics
- Historical Actual Market Size, 2013 – 2015
- Global MEMS Pressure Sensor Market Size & Forecast 2016 to 2026
- Supply & Demand Value Chain
- Global MEMS Pressure Sensor Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
- Global MEMS Pressure Sensor Market Drivers and Restraints
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Key Segments Covered in the MEMS Pressure Sensor Industry Analysis
By End User:
- Automotive
- healthcare
- Industrial
By Technology:
- Piezoresistive
- capacitive
By Type:
- Gauge type
- Absolute
- Differential
By Region:
- North America MEMS Pressure Sensor Market
- Latin America MEMS Pressure Sensor Market
- Europe MEMS Pressure Sensor Market
- Asia Pacific MEMS Pressure Sensor Market
- MEA MEMS Pressure Sensor Market
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