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

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Shruti Bhat

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.

Piezoresistive Pressure Sensors Market Outlook

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

Rising vehicle and medical device production in developing economies along with the favorable government initiatives and policies is anticipated to propel the market growth.
Growing use of nanotechnology applications is expected to positively impact the market development during the forecast period.
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.
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.

Attributes	Details
Report Title	Piezoresistive Pressure Sensors Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Ceramic, Silicon, Other Materials), End-user Industries (Automotive, Healthcare, Consumer Electronics, Industrial, and Oil & Gas)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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.

Piezoresistive Pressure Sensors Market Type

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.

Piezoresistive Pressure Sensors Market End User Industries

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.

Piezoresistive Pressure Sensors Market Regions

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.

Piezoresistive Pressure Sensors Market Key Players

Table Of Content

1. Executive Summary
2. 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 (000â€™ 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.