Piezoresistive Pressure Sensors Market Size, Forecast [2031]
Piezoresistive Pressure Sensors Market Size, Forecast [2031]
Segments - Piezoresistive Pressure Sensors Market by Types (Ceramic, Silicon, and Others), End-user Industries (Automotive, Healthcare, Consumer Electronics, Industrial, and Oil & Gas), Regions (Asia Pacific, North America, Latin America, Europe and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :ICT-SE-1061
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| 123 Pages
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Report Description
The Global Piezoresistive Pressure Sensors Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 5.8% during the forecast period, 2023 – 2031. The growth of the market is attributed to the increasing usage of these sensors in the biomedical and automobile industries to provide fine sensitivity, as well as better linearity.
Piezoresistive pressure sensor is a strain gauge pressure sensor that detects change in electrical resistance of semiconductor or metal when mechanical strain is applied on it. Various thin films, thick films, bonded metal foils, and silicon & sputtered thin films are substrates of piezoresistive pressure sensors. These sensors can measure absolute, gauge, relative, and differential pressure in both high- and low-pressure application by using micro electro mechanical system (MEMS) technology.
These miniaturized sensors find large-scale controlling and monitoring applications in automotive sector to ensure safety through engine optimization, emission control, as they are inexpensive and provide fine sensitivity. Reliability, rugged nature, and long operational life of piezoresistive pressure sensors makes it an ideal for hazardous environment such as offshore or subsea gas and oil processing plants, effluent treatment plants for fluid leakage detection, and exhaust gas recirculation.
Increasing use of this type of pressure sensor due to its eco-friendly nature, while its security highlights imply that the piezoresistive pressure sensor market share can undergo substantial growth in coming years.
Market Drivers, Restraints, Trends, and Opportunities
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Rising vehicle and medical device production in developing economies along with the favorable government initiatives and policies is anticipated to propel the market growth.
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Growing use of nanotechnology applications is expected to positively impact the market development during the forecast period.
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Piezoresistive pressure sensors require extra power during operation and the noise limit is high compared to capacitive pressure sensors, which can prove to be a restraint for the piezoresistive pressure sensors market.
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Increasing awareness toward fuel economy and stringent emission regulations are anticipated to fuel the market growth.
Scope of Piezoresistive Pressure Sensors Market Report
The report on the piezoresistive pressure sensors market includes an assessment of the market, trends, segments and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Piezoresistive Pressure Sensors Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Types (Ceramic, Silicon, Other Materials), End-user Industries (Automotive, Healthcare, Consumer Electronics, Industrial, and Oil & Gas) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
BD Sensors GmBH, Metallux SA, First Sensor AG, Honeywell International Inc., and Impress Sensors and Systems Ltd |
Piezoresistive Pressure Sensors Market Segment Insights
Silicon segment to account a large market share
Based on types, the market is segregated as silicon, ceramic and others. The silicon segment is projected to account for a large market share during the forecast period. Increased use of silicon in manufacturing of piezo resistive pressure sensors and rapid growth of the semiconductor industry is propelling the market segment growth.
Automotive segment to grow at a significant rate
Based on end-users, the market is divided into automotive, healthcare, consumer electronics, industrial, oil & gas. The automotive segment is expected to grow at a significant rate owing to rising use of piezoresistive transducers in the development of automotive pressure sensors. Moreover, rising disposable income is driving the growth of the market segment.
North America to account for a major market share
Based on regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is projected to account for a major market share during the forecast period.
Rapid growth in the automotive and healthcare industries owing to rising purchasing power and increasing investment on the healthcare expenditure, respectively are driving the regional market growth. The US is majorly contributing to the market share in the region, followed by Canada.
The market in Asia Pacific is anticipated to exhibit a high CAGR during the forecast period. Increasing production of automobiles owing to rapid industrialization in emerging economies such as India and China is driving the market growth in the region.
Segments
The global piezoresistive pressure sensors market has been segmented on the basis of
Types
- Ceramic
- Silicon
- Others
End-user Industries
- Automotive
- Healthcare
- Consumer Electronics
- Industrial
- Oil & Gas
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- BD Sensors GmBH
- Metallux SA
- First Sensor AG
- Honeywell International Inc.
- Impress Sensors and Systems Ltd.
Competitive Landscape
Some of the major players in the market are BD Sensors GmBH, Metallux SA, First Sensor AG, Honeywell International Inc., Impress Sensors and Systems Ltd.
Low power consumption and the lowest possible size range of piezo resistive sensors are the key factors that are providing a competitive edge to industry players.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Piezoresistive Pressure Sensors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Piezoresistive Pressure Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Piezoresistive Pressure Sensors Market - Supply Chain
4.5. Global Piezoresistive Pressure Sensors Market Forecast
4.5.1. Piezoresistive Pressure Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Piezoresistive Pressure Sensors Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Piezoresistive Pressure Sensors Market Absolute $ Opportunity
5. Global Piezoresistive Pressure Sensors Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Piezoresistive Pressure Sensors Market Size and Volume Forecast by Types
5.3.1. Ceramic
5.3.2. Silicon
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Piezoresistive Pressure Sensors Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Piezoresistive Pressure Sensors Market Size and Volume Forecast by End Users
6.3.1. Automotive
6.3.2. Healthcare
6.3.3. Consumer Electronics
6.3.4. Industrial
6.3.5. Oil & Gas
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Piezoresistive Pressure Sensors Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Piezoresistive Pressure Sensors Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Piezoresistive Pressure Sensors Demand Share Forecast, 2019-2026
8. North America Piezoresistive Pressure Sensors Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Piezoresistive Pressure Sensors Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Piezoresistive Pressure Sensors Market Size and Volume Forecast by Types
8.4.1. Ceramic
8.4.2. Silicon
8.4.3. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Piezoresistive Pressure Sensors Market Size and Volume Forecast by End Users
8.7.1. Automotive
8.7.2. Healthcare
8.7.3. Consumer Electronics
8.7.4. Industrial
8.7.5. Oil & Gas
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Piezoresistive Pressure Sensors Demand Share Forecast, 2019-2026
9. Latin America Piezoresistive Pressure Sensors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Piezoresistive Pressure Sensors Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Piezoresistive Pressure Sensors Market Size and Volume Forecast by Types
9.4.1. Ceramic
9.4.2. Silicon
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Piezoresistive Pressure Sensors Market Size and Volume Forecast by End Users
9.7.1. Automotive
9.7.2. Healthcare
9.7.3. Consumer Electronics
9.7.4. Industrial
9.7.5. Oil & Gas
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Piezoresistive Pressure Sensors Demand Share Forecast, 2019-2026
10. Europe Piezoresistive Pressure Sensors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Piezoresistive Pressure Sensors Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Piezoresistive Pressure Sensors Market Size and Volume Forecast by Types
10.4.1. Ceramic
10.4.2. Silicon
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Piezoresistive Pressure Sensors Market Size and Volume Forecast by End Users
10.7.1. Automotive
10.7.2. Healthcare
10.7.3. Consumer Electronics
10.7.4. Industrial
10.7.5. Oil & Gas
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Piezoresistive Pressure Sensors Demand Share Forecast, 2019-2026
11. Asia Pacific Piezoresistive Pressure Sensors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Piezoresistive Pressure Sensors Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Piezoresistive Pressure Sensors Market Size and Volume Forecast by Types
11.4.1. Ceramic
11.4.2. Silicon
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Piezoresistive Pressure Sensors Market Size and Volume Forecast by End Users
11.7.1. Automotive
11.7.2. Healthcare
11.7.3. Consumer Electronics
11.7.4. Industrial
11.7.5. Oil & Gas
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Piezoresistive Pressure Sensors Demand Share Forecast, 2019-2026
12. Middle East & Africa Piezoresistive Pressure Sensors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Piezoresistive Pressure Sensors Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Piezoresistive Pressure Sensors Market Size and Volume Forecast by Types
12.4.1. Ceramic
12.4.2. Silicon
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Piezoresistive Pressure Sensors Market Size and Volume Forecast by End Users
12.7.1. Automotive
12.7.2. Healthcare
12.7.3. Consumer Electronics
12.7.4. Industrial
12.7.5. Oil & Gas
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Piezoresistive Pressure Sensors Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Piezoresistive Pressure Sensors Market: Market Share Analysis
13.2. Piezoresistive Pressure Sensors Distributors and Customers
13.3. Piezoresistive Pressure Sensors Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. BD Sensors GmBH
13.4.2. Metallux SA
13.4.3. First Sensor AG
13.4.4. Honeywell International Inc.
13.4.5. Impress Sensors and Systems Ltd.
Methodology
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