Global MEMS Pressure Sensors Market 2024-2028
The MEMS pressure sensors market is forecasted to grow by USD 1030 mn during 2023-2028, accelerating at a CAGR of 7.43% during the forecast period. The report on the MEMS pressure sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for MEMS pressure sensors in consumer electronics, increasing focus on smart manufacturing, and integration of MEMS pressure sensors in industrial automation.
Technavio's MEMS pressure sensors market is segmented as below:
By Application
- Automotive
- Medical
- Industrial
- Aerospace
- Others
By Type
- Silicon piezoresistive
- Silicon capacitive
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing deployment of MEMS pressure sensors in iot devices and connected systems as one of the prime reasons driving the MEMS pressure sensors market growth during the next few years. Also, increasing use of innovative materials in MEMS pressure sensors and development of new MEMS pressure sensors will lead to sizable demand in the market.
The report on the mems pressure sensors market covers the following areas:
- Mems pressure sensors market sizing
- Mems pressure sensors market forecast
- Mems pressure sensors market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading MEMS pressure sensors market vendors that include 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., and Zhengzhou Winsen Electronics Technology Co. Ltd.. Also, the MEMS pressure sensors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.