Pressure Transducer Market Report 2025

The pressure transducer market size has grown rapidly in recent years. It will grow from $7.77 billion in 2024 to $8.58 billion in 2025 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to industrial automation, expansion of oil and gas exploration, healthcare applications, aviation and aerospace development, water and wastewater management, environmental monitoring.

The pressure transducer market size is expected to see rapid growth in the next few years. It will grow to $12.77 billion in 2029 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to smart cities development, precision agriculture practices, integration with wearable health devices, focus on water conservation, expansion of renewable energy. Major trends in the forecast period include industry 4 adoptions, adoption of MEMS technology, integration of wireless pressure transducers, emphasis on industry-specific customization, advancements in sensing technologies.

The expansion of the automobile sector is anticipated to drive the growth of the pressure transducer market. The automotive industry encompasses companies involved in the manufacturing, selling, and maintenance of motor vehicles. Pressure transducers play a crucial role in the automotive industry as electronic pressure sensors, monitoring the pressure of vital components such as engine oil, gearbox, transmission oil, as well as hydraulic oil in braking systems, cooling systems, and fuel systems. As of July 2022, the European Automobile Manufacturers Association reported an annual trade of $81.7 billion (€79.5 billion) generated by the automobile industry in the European Union in 2021, marking a 4.6% increase. Hence, the growth of the automobile sector is poised to propel the pressure transducer market.

The increasing demand for consumer electronics is expected to contribute to the growth of the pressure transducer market in the future. Consumer electronics are electronic devices designed for everyday use by individuals and households, catering to entertainment and communication needs. Pressure transducers are utilized in consumer electronics to design physical buttons or touch-sensitive areas on devices such as smartphones and tablets, providing users with tactile responses during interactions. Notably, sales of electronics products reached $36.56 billion (Euro 33.7) from January to September 2022, as reported by gfu Consumer & Home Electronics GmbH, a Germany-based electronics provider company. Consequently, the rising demand for consumer electronics is a driving force behind the growth of the pressure transducer market.

Technological innovation emerges as a key trend gaining popularity in the pressure transducer market. Major companies in this market are directing their efforts towards developing technologically advanced products to maintain their market positions. For example, in May 2022, Xidas Inc., a US-based tech company, introduced the industry's first smart microfluidics in-line pressure sensor with near-zero dead volume, known as the 'Pascal' family of sensors. These low-voltage, fully digital sensors with on-board computation provide real in-line fluid sensing with less than 0.1 microliters of dead volume. They are designed for in-line monitoring of ultra-small amounts of fluid, catering to applications such as wearable medication delivery solutions, mobile diagnostics devices, tiny catheters, high throughput biological systems, and more.

Major companies in the pressure transducer market are focusing on product innovation, such as PCB-less pressure sensor integrated circuits (IC), to enhance customer services. PCB-less pressure sensor integrated circuits are innovative solutions that integrate pressure sensing elements and associated circuitry into a single chip, eliminating the need for a traditional printed circuit board (PCB). For instance, in November 2022, Melexis, a Belgium-based supplier of micro-electronic semiconductor solutions, launched MLX90824, featuring a microelectromechanical system (MEMS pressure sensor element) and an interface chip (CMOS technology) designed with a smart package and die assembly concept. This design ensures high output stability over time, even in demanding automotive temperature and stress conditions.

In August 2021, Danfoss, a Denmark-based manufacturer of fluid control equipment, pumps, seals, valves, and a climate & energy solution provider, acquired Eaton for a total amount of US$3.3 billion. This strategic acquisition positions Danfoss Power Solutions to offer the most comprehensive range of mobile and industrial hydraulics products and solutions, including fluid conveyance systems. Eaton, an Ireland-based power management company, is now part of Danfoss.

Major companies operating in the pressure transducer market include Sensata Technologies Incorporated, ABB Limited, Honeywell International Incorporated, Validyne Engineering, Robert Bosch GmbH, Setra Systems Incorporated, ControlAir Incorporated, Kulite Semiconductor Products Incorporated, TE Connectivity Ltd., Endress+Hauser AG, Yokogawa Electric Corporation, Kistler Instrument Corporation, Emerson Electric Co., WIKA Instruments LP, Spectris plc, Hitec Products Inc., LCM Systems Limited, Zemic Group, Thermo Fisher Scientific Inc., Omron Corporation, First Sensor AG, Gems Sensors Inc., Kavlico Corporation, Ashcroft Inc.

North America was the largest region in the pressure transducer market in 2024. The regions covered in the pressure transducer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pressure transducer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A pressure transducer is an instrument designed to detect fluid pressure and provide an indication of the force exerted by the fluid on surfaces in contact with it. Pressure transducers find applications in a diverse range of control and monitoring functions, including but not limited to flow, airspeed, level, pump systems, and altitude monitoring.

The primary pressures measured by a pressure transducer include absolute pressure, gauge pressure, and differential pressure. Absolute pressure refers to the pressure created when there is a complete vacuum, indicating the absence of matter inside a space. Various technologies utilized in pressure transducers include capacitive, piezoresistive, thin film, ceramic thick film, MEMS (Micro-Electro-Mechanical Systems), and oil-filled technologies. These transducers serve various end-users such as the automotive industry, healthcare, consumer electronics, and the oil and gas sector.

The pressure transducer market research report is one of a series of new reports that provides pressure transducer market statistics, including pressure transducer industry global market size, regional shares, competitors with pressure transducer market share, detailed pressure transducer market segments, market trends, and opportunities, and any further data you may need to thrive in the pressure transducer industry. This pressure transducer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The pressure transducer market consists of sales of housing, strain gauge, pressure port, fluid port, circuits, power supplies, springs, movable arms, backup plates, diaphragms, insulators, coils, and magnets. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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