Piezoresistive Pressure Sensors Market
The market for Piezoresistive Pressure Sensors was estimated at $3.2 billion in 2024; it is anticipated to increase to $5.0 billion by 2030, with projections indicating growth to around $7.3 billion by 2035.
Global Piezoresistive Pressure Sensors Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Piezoresistive Pressure Sensors industry revenue is expected to be around $3.4 billion in 2025 and expected to showcase growth with 7.9% CAGR between 2025 and 2034. The Piezoresistive Pressure Sensors market shows strong growth because different industries require these sensors. The Piezoresistive Pressure Sensors market finds its main applications in automotive, medical, industrial manufacturing and consumer electronics sectors and other industries. The sensors high sensitivity, accuracy, stability, cost-effectiveness and compact size are the main factors that drive the increasing demand for these sensors. The global market for Piezoresistive Pressure Sensors remains relevant because of technological progress and the growing trend of electronic miniaturization.
Piezoresistive Pressure Sensors function as devices which modify their resistance output through pressure application. The sensors achieve high sensitivity and precision which makes them suitable for measuring static and dynamic pressure across different conditions. These sensors find their main applications in pressure monitoring systems and flow measurement and level sensing and leak testing operations within automotive aerospace and healthcare industries. The increasing use of wearable devices and IOT (IoT) adoption serve as primary drivers for the rising demand of Piezoresistive Pressure Sensors.
Market Key Insights
- The Piezoresistive Pressure Sensors market is projected to grow from $3.2 billion in 2024 to $6.8 billion in 2034. This represents a CAGR of 7.9%, reflecting rising demand across Automotive Industry, Industrial Automation and Medical Devices.
- Honeywell International Inc., TE Connectivity Ltd., Amphenol Corporation are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Piezoresistive Pressure Sensors market and are expected to observe the growth CAGR of 5.1% to 7.6% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 9.1% to 10.9%.
- Transition like Integration into IoT Devices is expected to add $191 million to the Piezoresistive Pressure Sensors market growth by 2030.
- The Piezoresistive Pressure Sensors market is set to add $3.6 billion between 2024 and 2034, with manufacturer targeting Medical Devices & Industrial Manufacturing Applications projected to gain a larger market share.
- With Rising demand in automotive industry, and Growing adoption in healthcare sector, Piezoresistive Pressure Sensors market to expand 114% between 2024 and 2034.