Pressure Sensor Market Size

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. In the year 2025, the industry size of pressure sensor is evaluated at USD 14.53 billion. The market growth is mainly owing to the increasing adoption of consumer electronics. Smartphones, wearables, and other consumer electronic devices increasingly incorporate pressure sensors for applications such as altitude measurement, air pressure monitoring, and touch interfaces. As of 2021, it was estimated that around 3.8 billion people, or approximately half of the global population, owned a smartphone.

In addition to this, pressure sensors find applications in a wide range of sectors owing to the presence of their different types such as absolute pressure sensors, gauge pressure sensors, and differential pressure sensors. Absolute pressure sensors have been highly opted in research & scientific laboratories under which precise measurements are needed in order to determine altitude.