An absolute pressure sensor provides a pressure measurement relative to a reference of zero pressure. This reference pressure is as close as possible to a vacuum
The global Absolute Pressure Sensors market was valued at US$ 4153 million in 2023 and is anticipated to reach US$ 7757.8 million by 2030, witnessing a CAGR of 9.5% during the forecast period 2024-2030.
The global market for absolute pressure sensors is expected to witness significant growth in the coming years, driven by several trends and developments. Some of the key trends influencing this market include:
1. Increased Adoption of IoT and Automation: The growing adoption of Internet of Things (IoT) across various industries, along with the increasing trend of automation in manufacturing and automotive sectors, is leading to a higher demand for absolute pressure sensors. These sensors play a critical role in monitoring and controlling pressure in automated systems, which is driving their market growth.
2. Rapid Technological Advancements: Continuous technological advancements in sensor technologies, including the integration of advanced features such as smaller form factors, higher accuracy, and lower power consumption, are influencing the market positively. These developments are enhancing the performance and capabilities of absolute pressure sensors, expanding their applications and driving market growth.
3. Automotive Industry Growth: The automotive industry is a major consumer of absolute pressure sensors, utilizing them for applications such as engine control, exhaust gas recirculation, and tire pressure monitoring. The increasing production and sales of vehicles, as well as the rising penetration of electric vehicles with advanced pressure monitoring systems, are driving the market for absolute pressure sensors.
4. Growing Demand in Healthcare: Absolute pressure sensors are increasingly being utilized in the healthcare sector for applications such as patient monitoring, respiratory devices, and medical instruments. The ongoing global focus on healthcare infrastructure development, especially in the context of the COVID-19 pandemic, is expected to boost the demand for these sensors in the healthcare industry.
5. Increasing Industrial Automation: The rise of industrial automation, particularly in manufacturing, oil and gas, and process industries, is leading to a higher requirement for pressure sensing solutions. Absolute pressure sensors are essential for precise monitoring and control of industrial processes, and the ongoing trend towards Industry 4.0 and smart manufacturing is expected to drive their demand further.
Overall, the absolute pressure sensor market is likely to witness steady growth in the coming years, driven by the increasing adoption of advanced sensor technologies across various industries and the growing focus on automation and IoT. Furthermore, technological advancements and the expanding applications of these sensors in emerging sectors will continue to shape the market's trajectory.
This report aims to provide a comprehensive presentation of the global market for Absolute Pressure Sensors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Absolute Pressure Sensors.
Report Scope
The Absolute Pressure Sensors market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Absolute Pressure Sensors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Absolute Pressure Sensors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Honeywell
ABB
Emerson
Amphenol
Sensata Technologies
BD Sensors
First Sensor
Microsensor
Quartzdyne
Crane
Segment by Type
Piezoresistive
Capacitive
Resonant
Electromagnetic
Optical
Others (potentiometric, piezoelectric, and thermal technologies)
Segment by Application
Automotive On-vehicle
Medical Devices
HVAC
Process Controls
Test & Measurement
Others (air data computers, air data test sets, cockpit instruments, gaming, and navigation)
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Absolute Pressure Sensors manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Absolute Pressure Sensors by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Absolute Pressure Sensors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Absolute Pressure Sensors Market Overview
1.1 Product Definition
1.2 Absolute Pressure Sensors Segment by Type
1.2.1 Global Absolute Pressure Sensors Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Piezoresistive
1.2.3 Capacitive
1.2.4 Resonant
1.2.5 Electromagnetic
1.2.6 Optical
1.2.7 Others (potentiometric, piezoelectric, and thermal technologies)
1.3 Absolute Pressure Sensors Segment by Application
1.3.1 Global Absolute Pressure Sensors Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive On-vehicle
1.3.3 Medical Devices
1.3.4 HVAC
1.3.5 Process Controls
1.3.6 Test & Measurement
1.3.7 Others (air data computers, air data test sets, cockpit instruments, gaming, and navigation)
1.4 Global Market Growth Prospects
1.4.1 Global Absolute Pressure Sensors Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Absolute Pressure Sensors Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Absolute Pressure Sensors Production Estimates and Forecasts (2019-2030)
1.4.4 Global Absolute Pressure Sensors Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Absolute Pressure Sensors Production Market Share by Manufacturers (2019-2024)
2.2 Global Absolute Pressure Sensors Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Absolute Pressure Sensors, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Absolute Pressure Sensors Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Absolute Pressure Sensors Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Absolute Pressure Sensors, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Absolute Pressure Sensors, Product Offered and Application
2.8 Global Key Manufacturers of Absolute Pressure Sensors, Date of Enter into This Industry
2.9 Absolute Pressure Sensors Market Competitive Situation and Trends
2.9.1 Absolute Pressure Sensors Market Concentration Rate
2.9.2 Global 5 and 10 Largest Absolute Pressure Sensors Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Absolute Pressure Sensors Production by Region
3.1 Global Absolute Pressure Sensors Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Absolute Pressure Sensors Production Value by Region (2019-2030)
3.2.1 Global Absolute Pressure Sensors Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Absolute Pressure Sensors by Region (2025-2030)
3.3 Global Absolute Pressure Sensors Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Absolute Pressure Sensors Production by Region (2019-2030)
3.4.1 Global Absolute Pressure Sensors Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Absolute Pressure Sensors by Region (2025-2030)
3.5 Global Absolute Pressure Sensors Market Price Analysis by Region (2019-2024)
3.6 Global Absolute Pressure Sensors Production and Value, Year-over-Year Growth
3.6.1 North America Absolute Pressure Sensors Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Absolute Pressure Sensors Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Absolute Pressure Sensors Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Absolute Pressure Sensors Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Absolute Pressure Sensors Production Value Estimates and Forecasts (2019-2030)
4 Absolute Pressure Sensors Consumption by Region
4.1 Global Absolute Pressure Sensors Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Absolute Pressure Sensors Consumption by Region (2019-2030)
4.2.1 Global Absolute Pressure Sensors Consumption by Region (2019-2024)
4.2.2 Global Absolute Pressure Sensors Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Absolute Pressure Sensors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Absolute Pressure Sensors Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Absolute Pressure Sensors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Absolute Pressure Sensors Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Absolute Pressure Sensors Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Absolute Pressure Sensors Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Absolute Pressure Sensors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Absolute Pressure Sensors Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Absolute Pressure Sensors Production by Type (2019-2030)
5.1.1 Global Absolute Pressure Sensors Production by Type (2019-2024)
5.1.2 Global Absolute Pressure Sensors Production by Type (2025-2030)
5.1.3 Global Absolute Pressure Sensors Production Market Share by Type (2019-2030)
5.2 Global Absolute Pressure Sensors Production Value by Type (2019-2030)
5.2.1 Global Absolute Pressure Sensors Production Value by Type (2019-2024)
5.2.2 Global Absolute Pressure Sensors Production Value by Type (2025-2030)
5.2.3 Global Absolute Pressure Sensors Production Value Market Share by Type (2019-2030)
5.3 Global Absolute Pressure Sensors Price by Type (2019-2030)
6 Segment by Application
6.1 Global Absolute Pressure Sensors Production by Application (2019-2030)
6.1.1 Global Absolute Pressure Sensors Production by Application (2019-2024)
6.1.2 Global Absolute Pressure Sensors Production by Application (2025-2030)
6.1.3 Global Absolute Pressure Sensors Production Market Share by Application (2019-2030)
6.2 Global Absolute Pressure Sensors Production Value by Application (2019-2030)
6.2.1 Global Absolute Pressure Sensors Production Value by Application (2019-2024)
6.2.2 Global Absolute Pressure Sensors Production Value by Application (2025-2030)
6.2.3 Global Absolute Pressure Sensors Production Value Market Share by Application (2019-2030)
6.3 Global Absolute Pressure Sensors Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Honeywell
7.1.1 Honeywell Absolute Pressure Sensors Corporation Information
7.1.2 Honeywell Absolute Pressure Sensors Product Portfolio
7.1.3 Honeywell Absolute Pressure Sensors Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Honeywell Main Business and Markets Served
7.1.5 Honeywell Recent Developments/Updates
7.2 ABB
7.2.1 ABB Absolute Pressure Sensors Corporation Information
7.2.2 ABB Absolute Pressure Sensors Product Portfolio
7.2.3 ABB Absolute Pressure Sensors Production, Value, Price and Gross Margin (2019-2024)
7.2.4 ABB Main Business and Markets Served
7.2.5 ABB Recent Developments/Updates
7.3 Emerson
7.3.1 Emerson Absolute Pressure Sensors Corporation Information
7.3.2 Emerson Absolute Pressure Sensors Product Portfolio
7.3.3 Emerson Absolute Pressure Sensors Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Emerson Main Business and Markets Served
7.3.5 Emerson Recent Developments/Updates
7.4 Amphenol
7.4.1 Amphenol Absolute Pressure Sensors Corporation Information
7.4.2 Amphenol Absolute Pressure Sensors Product Portfolio
7.4.3 Amphenol Absolute Pressure Sensors Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Amphenol Main Business and Markets Served
7.4.5 Amphenol Recent Developments/Updates
7.5 Sensata Technologies
7.5.1 Sensata Technologies Absolute Pressure Sensors Corporation Information
7.5.2 Sensata Technologies Absolute Pressure Sensors Product Portfolio
7.5.3 Sensata Technologies Absolute Pressure Sensors Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Sensata Technologies Main Business and Markets Served
7.5.5 Sensata Technologies Recent Developments/Updates
7.6 BD Sensors
7.6.1 BD Sensors Absolute Pressure Sensors Corporation Information
7.6.2 BD Sensors Absolute Pressure Sensors Product Portfolio
7.6.3 BD Sensors Absolute Pressure Sensors Production, Value, Price and Gross Margin (2019-2024)
7.6.4 BD Sensors Main Business and Markets Served
7.6.5 BD Sensors Recent Developments/Updates
7.7 First Sensor
7.7.1 First Sensor Absolute Pressure Sensors Corporation Information
7.7.2 First Sensor Absolute Pressure Sensors Product Portfolio
7.7.3 First Sensor Absolute Pressure Sensors Production, Value, Price and Gross Margin (2019-2024)
7.7.4 First Sensor Main Business and Markets Served
7.7.5 First Sensor Recent Developments/Updates
7.8 Microsensor
7.8.1 Microsensor Absolute Pressure Sensors Corporation Information
7.8.2 Microsensor Absolute Pressure Sensors Product Portfolio
7.8.3 Microsensor Absolute Pressure Sensors Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Microsensor Main Business and Markets Served
7.7.5 Microsensor Recent Developments/Updates
7.9 Quartzdyne
7.9.1 Quartzdyne Absolute Pressure Sensors Corporation Information
7.9.2 Quartzdyne Absolute Pressure Sensors Product Portfolio
7.9.3 Quartzdyne Absolute Pressure Sensors Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Quartzdyne Main Business and Markets Served
7.9.5 Quartzdyne Recent Developments/Updates
7.10 Crane
7.10.1 Crane Absolute Pressure Sensors Corporation Information
7.10.2 Crane Absolute Pressure Sensors Product Portfolio
7.10.3 Crane Absolute Pressure Sensors Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Crane Main Business and Markets Served
7.10.5 Crane Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Absolute Pressure Sensors Industry Chain Analysis
8.2 Absolute Pressure Sensors Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Absolute Pressure Sensors Production Mode & Process
8.4 Absolute Pressure Sensors Sales and Marketing
8.4.1 Absolute Pressure Sensors Sales Channels
8.4.2 Absolute Pressure Sensors Distributors
8.5 Absolute Pressure Sensors Customers
9 Absolute Pressure Sensors Market Dynamics
9.1 Absolute Pressure Sensors Industry Trends
9.2 Absolute Pressure Sensors Market Drivers
9.3 Absolute Pressure Sensors Market Challenges
9.4 Absolute Pressure Sensors Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Honeywell
ABB
Emerson
Amphenol
Sensata Technologies
BD Sensors
First Sensor
Microsensor
Quartzdyne
Crane
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*If Applicable.
