Mems Pressure Sensors Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

Report Code: ESR 57987 Report Format: PDF + Excel

MEMS (Micro-Electro-Mechanical Systems) Pressure Sensor market

The Global MEMS (Micro-Electro-Mechanical Systems) Pressure Sensor market size is forecast to reach $2.2 billion by 2026, growing at a CAGR of 4% from 2021 to 2026. A pressure sensor is a device that measures the applied pressure on gases or liquids and converts it into an electrical output. In all industries, a requirement for accurate measurements and continuous operation has arisen as a result of recent advancements in system integration. Therefore, the usage of safer and reliable sensors is essential. Emerging sensor-rich applications such as autonomous vehicles, unmanned aerial vehicles (UAVs), and traditional fighter jets with high-end navigation systems are accelerating the need for MEMS pressure sensors. MEMS silicon capacitive technology is the most recent advancement after silicon piezoresistive, silicon piezoelectric in the pressure sensing sector, and it offers significant benefits in terms of precision, performance, stability, and power consumption. The growing use of tiny wireless communication modules and sensors in consumer electronics, automotive, and medical devices is propelling the MEMS Pressure Sensor market. Medical pressure sensors can be used to track a patient's condition by providing definite and precise diagnostics in a number of scenarios, such as monitoring blood pressure and administering the proper amount of fluid in infusion pumps. Furthermore, significant utilization of miniaturization in products in the consumer electronics sector is garnering high investments from companies such as Intel Corp., Samsung, and others. Increasing technological developments including low-power consumption, high-performance pressure sensor, and rigorous vehicle rules are all contributing to the market's growth. Hence, these factors will drive MEMS Pressure Sensor market size in the forecast period 2021-2026.

Report Coverage

The report: “MEMS Pressure Sensor market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the MEMS Pressure Sensor market.
By Sensor type: Absolute pressure sensor, Vacuum pressure sensor, Sealed pressure sensor, Gauge pressure sensor, Differential pressure sensor
By Technology Type: Silicon Piezoresistive, Silicon Piezoelectric, Silicon Capacitive
By End User Type: Automotive, Consumer Electronics, Healthcare and Medical, Industrial, Aerospace & Defense, Others
By Geography: North America (U.S, Canada, Mexico), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC (China, Japan India, South Korea, Australia and Others), South America(Brazil, Argentina and others), and ROW (Middle East and Africa)

Key Takeaways

  • The Industrial 4.0 revolution, in which machines become more intelligent and intuitive, is driving the need for MEMS sensors in industrial applications. As a result of these applications, high-sensitivity pressure sensors are in high demand.
  • Pressure sensors, such as piezoelectric, piezoresistive and capacitive type, have an impact on industrial automation. As a result, growing industrial automation has a favourable influence on market growth.
  • MEMS PRESSURE SENSOR sensors have a wide range of applications in the automobile sector, including tire pressure monitoring systems (TPMS), engine health management systems and engine gas recirculation (EGR) systems. As a result, these sensors serve a key role in increasing car safety features and acting as a stimulant for market growth.
  • Rise in implementation of wearable devices and innovative application in biomedical sector are projected to significantly affect the market growth.
  • APAC region is anticipated to dominate the global MEMS Pressure Sensor market in the forecast period 2021-2026 owing to broad industrial and consumer base in the region. Additionally, growing digitization, rise in consumer electronics, technological developments, government regulations and others benefits the market growth.

Global MEMS Pressure Sensors Market share, (in %), By Region, 2021-2026

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MEMS Pressure Sensors Market Segment Analysis - By Technology Type

The Silicon Capacitive segment is anticipated to witness significant market growth with CAGR 5% during the forecast period 2021-2026. MEMS capacitive technology is best used in applications that need high levels of precision, dependability, and safety. This is owing to technical benefits gained from MEMS elements' characteristics, which are comparable to those of standard passive components (resistors, capacitors), as well as variations in design and production processes. They have greater accuracy and a narrower overall error band despite the fact that they require more complicated signal conditioning circuits and calibration methods. Furthermore, as there is no DC current passing through the sensor element due to its nature, capacitive pressure sensors consume less power. As a result, very low-power sensing devices may be devised and deployed that only require a tiny amount of bias from an external reader, making them perfect for distant or implanted medical applications. When automation equipment is subjected to excessive pressure, traditional pressure sensors can be damaged. Thus, silicon capacitive process sensors can be employed. It's important to gain an understanding about the advantages of capacitive technology and how it may be used to pressure sensors, as it can lead to increased production and lower maintenance costs. MEMS capacitive pressure sensors can improve medical applications by providing very high precision and long-term stability. Cutting-edge MEMS capacitive technology can be employed in difficult circumstances when absolute, gauge, relative, or differential pressure readings are required. They are very resistant to overpressures, making them ideal for use in situations where measurement safety is important and sensor maintenance is not an option. The confluence of all of these factors is anticipated to push the market forward.

MEMS Pressure Sensors Market Segment Analysis - By End User Type

Automotive segment is anticipated to witness significant market growth with CAGR 12% during the forecast period 2021-2026. Pressure sensors have become an integral element of the manufacturing process, since they aid automation in increasing efficiency and precision. Pressure sensors in automobiles serve a variety of purposes. Fuel-pressure sensors, for instance, increase fuel efficiency. Oil-pressure sensors aid in the safe and long-term operation of an automobile's engine. Pressure sensors for diesel particulate filters (DPFs) and evaporative emission control (EVAP) systems aid in the reduction of hazardous emissions. Harsh media, such as gasoline, oil, and fuel vapour, are a prevalent element in automotive applications. Another crucial aspect is temperature, which can range from bitterly cold to scorching hot. Thus, there is rise in need for temperature-compensated pressure sensors that are packed to resist severe media. Furthermore, the use of large Li-ion batteries in electrified vehicles has created a new application for MEMS sensors. The automobile sector is undergoing transformation. Modern automobiles are becoming more electric, networked, and automated. As this trend accelerates, it has an influence on how semiconductor devices, such as MEMS sensors, are developed and certified for automotive applications. MEMS pressure sensor vendors are evolving in response to new opportunities presented by electrified and autonomous cars as automotive semiconductor designers carefully evaluate product specification, product validation, and long-term dependability.

MEMS Pressure Sensors Market Segment Analysis - Geography

APAC region is anticipated to witness significant market growth during the forecast period 2021-2026 with CAGR 16%. The existence of large consumer electronics manufacturers in APAC countries including China, Korea, and others are among the leading contributing factor to regional market growth. Furthermore, the region has emerged as a worldwide hub for major investments and company development prospects in disciplines such as augmented reality, virtual reality, and the Internet of Things (IoT). Moreover, the aging populations of China, Japan, and South Korea are projected to boost the demand for healthcare services throughout the forecast period, offering opportunities for MEMS pressure sensors in equipment such as ventilators, inhalers, dialysis, and blood pressure monitoring devices. Additionally, growing concept of connected cars, electric vehicles, and China’s regulations regarding automotive safety are anticipated to drive the adoption of MEMS pressure sensors, thereby driving the growth of the market during the forecast period. With the growth and development of automotive sector, the market demand for MEMS pressure sensor increases. In 2019, plug-in hybrid sales were fuelled by a growing interest in the Mitsubishi Outlander (which almost doubled sales to around 700) and the Hyundai Ioniq (123) plug-in variant. Pure hybrid sales soared, mainly powered by Toyota models like the Corolla (10,597), Camry (8,696), and RAV4 (7,411). Thus, with the growing autonomous vehicle market in this region the market for MEMS pressure sensor also develops.

MEMS Pressure Sensors Market Drivers

Technological advancements in Consumer electronics and its growing demand is forecasted to drive the market forward.

The increasing use of artificial intelligence (AI), the internet of things (IOT), virtual reality (VR), big data analytics, and other technologies, together with the advent of 4 G and approaching 5 G, are fueling breakthroughs in electronic technology. Customers' demand for residential, commercial, and industrial applications rises as a result. Piezoelectric MEMS pressure sensors applications such as microphones, speakers, and camera auto-focus, along with technological advancements, are driving market expansion.

Rising deployment across industrial vertical boosts the market growth.

Factories are always looking for methods to improve their throughput and performance while minimizing their environmental effect. As a result, smart sensors have been implemented in the manufacturing industry in an attempt to efficiently regulate operations and utilize the maximum capacity of facilities. Industrial pressure sensors serve an important role since they are widely employed to monitor process flows where a fluid must be filtered and calibrated with precision. In March 2019, STMicroelectronics launched MEMS pressure sensors for industrial applications. The water-resistant MEMS pressure sensors LPS33W from STMicroelectronics combines chemical compatibility, stability, and precision for usage in a broad range of applications including fitness trackers and other wearable, vacuum cleaners, and general-purpose industrial sensing.

MEMS Pressure Sensors Market Challenges

Substitution of MEMS sensor by Nano Electromechanical Systems (NEMS) is anticipated to hinder the MEMS Pressure Sensor market growth.

NEMS structures are 0.3 microns in size, as opposed to micron-scale MEMS pressure sensor structures, resulting in higher dependability owing to lower load mass. The lower mass provides better resistance to mechanical shocks, which are prevalent in wearable gadgets, and other electronic equipment. Moreover, as NEMS have a smaller footprint, NEMS-based devices have more space within the enclosure for bigger batteries, extra sensors, and other components, enhancing the functionality of the finished product. The steady development of NEMS technology is expected to offer a significant challenge to the MEMS pressure sensor industry in the forecast period.

MEMS Pressure Sensors Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the MEMS Pressure Sensors market. In 2020, the market of MEMS Pressure Sensor industry outlook has been fragmented by several companies.  MEMS Pressure Sensors top 10 companies include Bosch, Denso, Sensata Technologies, Freescale Semiconductors., Delphi, GE Sensing, Infineon Technologies, Schneider Electric, Texas Instruments and among others.

Acquisitions/Technology Launches/Partnerships

  • In November 2020, First Sensor has introduced its new LHD ULTRA series, with all sensor types currently available as samples, the first of which has already been shipped to clients. In a single housing, high-precision 2-in-1 differential pressure sensors integrate two sensing components with distinct pressure ranges.
  • In May 2019, Custom Control Sensors, LLC (CCS) acquired the aerospace MEMS (MicroElectroMechanical System) pressure sensor assets and technology from Pinnacle Sensors Inc. (PSI). Such acquisitions are expected to boost growth in adoption in the sector.

Relevant Report Titles:

MEMS Test Equipment Market – Forecast (2021 - 2026)
Report Code: ESR 0539

Piezoelectric MEMS PRESSURE SENSOR Sensor Market – Forecast (2021 - 2026)
Report Code: ESR 0605

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1. MEMS Pressure Sensor Market - Market Overview
    1.1 Definitions and Scope
2. MEMS Pressure Sensor Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by type
    2.3 Key trends segmented by State
3. MEMS Pressure Sensor Market
    3.1 Comparative Analysis
        3.1.1 Product/Service Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis
4. MEMS Pressure Sensor Market - Startup companies Scenario Premium (Premium)
    4.1 Top 5 startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Share
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. MEMS Pressure Sensor Market - Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top 5 companies
6. MEMS Pressure Sensor Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. MEMS Pressure Sensor Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle/Market Life Cycle Analysis
    7.4 Suppliers and Distributors
8. MEMS Pressure Sensor Market - By Sensor Type
    8.1 Absolute pressure sensor
    8.2 Vacuum pressure sensor
    8.3 Sealed pressure sensor
    8.4 Gauge pressure sensor
    8.5 Differential pressure sensor
9. MEMS Pressure Sensor Market - By Technology Type
    9.1 Piezoresistive
    9.2 Piezoelectric
    9.3 Capacitive
10. MEMS Pressure Sensor Market - By End User Type
    10.1 Automotive
    10.2 Consumer Electronics
    10.3 Healthcare and Medical
    10.4 Industrial
    10.5 Aerospace & Defense
    10.6 Others
11. MEMS Pressure Sensor Market - By Geography (Market Size -$Million)
    11.1 North America
        11.1.1 US
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 Germany
        11.2.2 UK
        11.2.3 France
        11.2.4 Italy
        11.2.5 Netherlands
        11.2.6 Belgium
        11.2.7 Spain
        11.2.8 Denmark
        11.2.9 Others
    11.3 APAC
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia
        11.3.6 Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Others
    11.5 ROW
        11.5.1 Middle East
        11.5.2 Africa
12. MEMS Pressure Sensor Market - Market Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13. MEMS Pressure Sensor Market - Industry / Segment Competition landscape Premium (Premium)
    13.1 Market Share Analysis
        13.1.1 Market Share by Country- Top companies
        13.1.2 Market Share by Region- Top 5 companies
        13.1.3 Market Share by type of Application - Top 5 companies
        13.1.4 Market Share at a global level - Top 5 companies
        13.1.5 Best Practices for companies
14. MEMS Pressure Sensor Market - Company Analysis
    14.1 Bosch
    14.2 Denso
    14.3 Sensata Technologies
    14.4 Freescale Semiconductors
    14.5 Delphi
    14.6 GE Sensing
    14.7 Infineon Technologies
    14.8 Schneider Electric
    14.9 Texas Instruments
    14.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2019-2024 ($M)
1.1 By Application Market 2019-2024 ($M) - Global Industry Research
1.1.1 Medical Market 2019-2024 ($M)
1.1.2 Automotive Market 2019-2024 ($M)
1.1.3 Industrial Market 2019-2024 ($M)
1.1.4 Aerospace and Defense Market 2019-2024 ($M)
1.1.5 Consumer Electronics Market 2019-2024 ($M)
1.2 By Type Market 2019-2024 ($M) - Global Industry Research
1.2.1 Silicon Piezoresistive Market 2019-2024 ($M)
1.2.2 Silicon Capacitive Market 2019-2024 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
3.Global MARKET SEGMENTATION Market 2019-2024 (Volume/Units)
3.1 By Application Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Medical Market 2019-2024 (Volume/Units)
3.1.2 Automotive Market 2019-2024 (Volume/Units)
3.1.3 Industrial Market 2019-2024 (Volume/Units)
3.1.4 Aerospace and Defense Market 2019-2024 (Volume/Units)
3.1.5 Consumer Electronics Market 2019-2024 (Volume/Units)
3.2 By Type Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Silicon Piezoresistive Market 2019-2024 (Volume/Units)
3.2.2 Silicon Capacitive Market 2019-2024 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2019-2024 (Volume/Units)
5.North America MARKET SEGMENTATION Market 2019-2024 ($M)
5.1 By Application Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Medical Market 2019-2024 ($M)
5.1.2 Automotive Market 2019-2024 ($M)
5.1.3 Industrial Market 2019-2024 ($M)
5.1.4 Aerospace and Defense Market 2019-2024 ($M)
5.1.5 Consumer Electronics Market 2019-2024 ($M)
5.2 By Type Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Silicon Piezoresistive Market 2019-2024 ($M)
5.2.2 Silicon Capacitive Market 2019-2024 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
7.South America MARKET SEGMENTATION Market 2019-2024 ($M)
7.1 By Application Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Medical Market 2019-2024 ($M)
7.1.2 Automotive Market 2019-2024 ($M)
7.1.3 Industrial Market 2019-2024 ($M)
7.1.4 Aerospace and Defense Market 2019-2024 ($M)
7.1.5 Consumer Electronics Market 2019-2024 ($M)
7.2 By Type Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Silicon Piezoresistive Market 2019-2024 ($M)
7.2.2 Silicon Capacitive Market 2019-2024 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
9.Europe MARKET SEGMENTATION Market 2019-2024 ($M)
9.1 By Application Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Medical Market 2019-2024 ($M)
9.1.2 Automotive Market 2019-2024 ($M)
9.1.3 Industrial Market 2019-2024 ($M)
9.1.4 Aerospace and Defense Market 2019-2024 ($M)
9.1.5 Consumer Electronics Market 2019-2024 ($M)
9.2 By Type Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Silicon Piezoresistive Market 2019-2024 ($M)
9.2.2 Silicon Capacitive Market 2019-2024 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
11.APAC MARKET SEGMENTATION Market 2019-2024 ($M)
11.1 By Application Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Medical Market 2019-2024 ($M)
11.1.2 Automotive Market 2019-2024 ($M)
11.1.3 Industrial Market 2019-2024 ($M)
11.1.4 Aerospace and Defense Market 2019-2024 ($M)
11.1.5 Consumer Electronics Market 2019-2024 ($M)
11.2 By Type Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Silicon Piezoresistive Market 2019-2024 ($M)
11.2.2 Silicon Capacitive Market 2019-2024 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
13.MENA MARKET SEGMENTATION Market 2019-2024 ($M)
13.1 By Application Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Medical Market 2019-2024 ($M)
13.1.2 Automotive Market 2019-2024 ($M)
13.1.3 Industrial Market 2019-2024 ($M)
13.1.4 Aerospace and Defense Market 2019-2024 ($M)
13.1.5 Consumer Electronics Market 2019-2024 ($M)
13.2 By Type Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Silicon Piezoresistive Market 2019-2024 ($M)
13.2.2 Silicon Capacitive Market 2019-2024 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2019-2024 ($M)

LIST OF FIGURES

1.US Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
2.Canada Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
3.Mexico Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
4.Brazil Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
5.Argentina Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
6.Peru Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
7.Colombia Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
8.Chile Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
9.Rest of South America Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
10.UK Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
11.Germany Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
12.France Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
13.Italy Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
14.Spain Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
15.Rest of Europe Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
16.China Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
17.India Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
18.Japan Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
19.South Korea Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
20.South Africa Mems Pressure Sensors Market Revenue, 2019-2024 ($M)
21.North America Mems Pressure Sensors By Application
22.South America Mems Pressure Sensors By Application
23.Europe Mems Pressure Sensors By Application
24.APAC Mems Pressure Sensors By Application
25.MENA Mems Pressure Sensors By Application