Pressure Transducer Market Report 2026

The pressure transducer market size has grown rapidly in recent years. It will grow from $8.45 billion in 2025 to $9.3 billion in 2026 at a compound annual growth rate (CAGR) of 10%. The growth in the historic period can be attributed to growth in industrial automation applications, expansion of automotive manufacturing, demand for reliable process control instruments, increased use of pressure monitoring in oil and gas operations, adoption of electronic sensors in consumer devices.

The pressure transducer market size is expected to see strong growth in the next few years. It will grow to $13.57 billion in 2030 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to growth of smart factories and iiot deployments, rising electric vehicle production, increasing demand for real time condition monitoring, expansion of renewable energy and power systems, technological advancements in sensor accuracy and durability. Major trends in the forecast period include rising adoption of smart and digital pressure transducers, growing demand for high accuracy and miniaturized sensors, increasing use of pressure transducers in automation systems, expansion of MEMS based pressure sensing technologies, rising integration of wireless and remote monitoring capabilities.

The expanding oil & gas and energy sector is expected to drive the growth of the Pressure Transducer Market going forward. Expansion in this context refers to increased exploration, production, refining, transportation, and consumption of oil, gas, and energy, driven by rising industrialization, urbanization, and global energy demand. As oil & gas operations scale - covering upstream drilling, pipeline networks, LNG terminals, refineries, and power generation - there is a growing need for pressure monitoring and control instrumentation, a core application of pressure transducers, to ensure safety, efficiency, and regulatory compliance. For instance, in March 2024, according to the Energy Information Administration (EIA), a US-based federal statistical agency, U.S. crude oil production averaged 12.9 million barrels per day (b/d) in 2023, peaking at over 13.3 million b/d in December, with the U.S., Russia, and Saudi Arabia together accounting for 40% of global oil output at 32.8 million b/d. Therefore, the growth of the oil & gas and energy sector is fueling the expansion of the Pressure Transducer Market.

Major companies in the pressure transducer market are focusing on developing advanced solutions, such as PCB-less pressure sensor IC technology, to improve efficiency and reduce development costs. PCB-less pressure sensor ICs integrate the sensing element, signal conditioning electronics, and passive components into a single package, eliminating the need for a separate PCB and enabling simpler, more robust device integration. For example, in March 2023, Melexis, a Belgium-based microelectronics engineering company, launched two new relative pressure sensor ICs - MLX90823 (analog output) and MLX90825 (digital SENT output) - completing its PCB-less pressure sensor IC platform. These sensors operate in gauge mode (pressure relative to atmospheric) or differential mode (between two pressure levels) across a span of 0.1 to 1.5 bar, delivering industry-leading accuracy and stable pressure and temperature data over their lifetime. Factory-calibrated with optional end-of-line calibration, they include overvoltage and reverse voltage protection for harsh media, operate from -40°C to 160°C (briefly up to 170°C), and integrate all necessary components - MEMS diaphragm with piezo-resistive bridge, readout electronics, voltage regulators, and output drivers - into a single package. These features simplify applications in internal combustion engine (ICE) management, including fuel vapor and crankcase ventilation, EGR/GPF/DPF control, secondary air injection, and (T)MAP airflow monitoring, while supporting OEM efforts to reduce emissions.

In September 2024, Spectris plc, a UK-based supplier of precision instrumentation and controls, announced the acquisition of Piezocryst Advanced Sensorics GmbH from AVL List GmbH for $144.9 million (€133.5 million). Through this acquisition, Spectris aims to strengthen its position in high-temperature, high-precision sensors and enhance customer solutions across industries such as automotive and aerospace, while achieving synergies that support long-term shareholder value. Piezocryst Advanced Sensorics GmbH is an Austria-based company specializing in advanced sensor technologies, including pressure transducer components.

Major companies operating in the pressure transducer market are Sensata Technologies Incorporated, ABB Limited, Honeywell International Incorporated, Validyne Engineering, Inc., Robert Bosch GmbH, Setra Systems, Inc., Kulite Semiconductor Products, Inc., TE Connectivity Ltd., Endress+Hauser Group Services AG, Yokogawa Electric Corporation, Kistler Instrumente AG, Emerson Electric Co., WIKA Alexander Wiegand SE & Co. KG, Ashcroft Inc., Gems Sensors & Controls, Inc., Kavlico Corporation, First Sensor AG, LCM Systems Ltd., Zemic Europe B.V. (Zemic Group), Omron Corporation.

North America was the largest region in the pressure transducer market in 2025. The regions covered in the pressure transducer market report are Asia-Pacific, South East Asia, 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, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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.

This product will be delivered within 1-3 business days.