Pressure Sensor Market Share

APAC Market Forecast

The pressure sensor market in the Asia Pacific region is anticipated to hold the largest share by the end of 2037. The regional growth is owing to government initiatives and investments in the region. Governments in the Asia Pacific region have been actively promoting the adoption of advanced technologies, including IoT, automation, and smart manufacturing. Pressure sensor investments have been boosted by initiatives such as "Make in India" in India and "Made in China 2025" in China. These government-led initiatives have been driving the growth of the pressure sensor market in the region.

North American Market Statistics

The pressure sensor market in the North American region, is estimated to have the second largest share during the forecast period. The growth of the market in this region can be ascribed to the growing adoption of electric vehicles in the countries such as the U.S.A, and Canada. As per the reported data, more than 700,000 new electric vehicles were registered in the year 2022 in the United States.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of pressure sensor is evaluated at USD 14.53 billion.

The pressure sensor market size was over USD 13.41 billion in 2024 and is anticipated to exceed USD 48.48 billion by the end of 2037, witnessing over 10.3% CAGR during the forecast period i.e., between 2025-2037. Increasing adoption of consumer electronics will drive the market growth.

Asia Pacific region is projected to hold largest share by 2037, owing to government initiatives and investments in the region.

The major players in the market include Bosch Sensorte, Honeywell International Inc., NXP Semiconductors N.V, Sensata Technologies, Inc.

Pressure Sensor Market Share