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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

North America Pressure Sensors Market Outlook

The North America pressure sensors market size is projected to grow at a CAGR of 8.90% between 2024 and 2032.  

Key Takeaways

  • Out of 1.4 million plug-in electric vehicles sold in the U.S. in 2023, 80% were battery electric vehicles, which use pressure sensors in their systems.
  • According to the US Energy Information Administration (EIA), US natural gas consumption hit a record high of 118 billion cubic feet per day in January.
  • Smart Buildings Initiative by the Canadian government is aimed at saving energy in federal buildings. It employs pressure sensors to monitor and control various systems in the buildings.

Pressure sensors are in high demand across industries like aerospace, automotive, healthcare, and consumer goods. The North America pressure sensors market development is driven by advancements in measurement technology, leading to a wide range of pressure and level measuring devices tailored for diverse applications in labs, engineering, and process technology.

Pressure sensors are used in various safety systems in modern cars like advanced driver-assistance systems, tyre pressure monitoring systems, airbag deployment, and engine management. At home, they are used for optimised water usage in dishwashers and washing machines, improved temperature control in refrigerators, and enhanced safety through leak detection systems. Furthermore, safe and efficient natural gas transportation necessitates the use of pressure sensors.

In electric vehicles, pressure sensors are crucial for managing battery performance, ensuring optimal thermal conditions, and guaranteeing the safe operation of high-voltage systems in electric vehicles. In January 2024, Melexis launched MLX90830, triphibian pressure sensors set to revolutionise EV thermal management. Technological innovations like these are supporting North America pressure sensors market growth.

The wireless pressure sensors market share is steadily increasing, as it provides many benefits like portability, enhanced safety, and cost-effectiveness. Wireless pressure systems are also used in consumer products, industrial automation and manufacturing, pool pump systems, and more, which is contributing to a strong growth rate. Technological developments also contribute to the demand for wireless pressure sensors. For instance, in September 2023, Baker Hughes announced the launch of the first hydrogen pressure sensor, Druck hydrogen-rated pressure sensor. 

The development of IoT-integrated pressure sensors is further propelling the growth of the market. IoT pressure sensors are crucial in the development of smart homes, smart factories, and smart cities. For instance, in April 2022, Trusted A/S launched their new RHTP tracking device and data logger series that featured high-precision temperature, humidity and pressure sensor in one single wireless IoT device.

Market Segmentation

North America Pressure Sensors Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments.

Market Breakup Categories
Type Wired, Wireless
Technology Electromagnetic, Capacitive, Optical, Piezoresistive, Resonant Solid State, Others
Product Gauge Sensors, Differential Sensors, Absolute Sensors
Application Automotive, Industrial, Medical, Aerospace and Defence, Food and Beverage, HVAC, Others
Country United States of America, Canada

Competitive Landscape

The North America pressure sensors market is witnessing increased collaboration by key players to remain competitive.

  • Siemens AG
  • Dytran Instruments, Inc.
  • Honeywell International Inc.
  • Panasonic Holdings Corporation
  • Kyocera Corporation
  • Microchip Technology Inc.
  • Murata Manufacturing Co. Ltd.
  • PCB Piezotronics, Inc.
  • Emerson Electric Co. 
  • Rockwell Automation Inc.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Technology
  • Product
  • Application
  • Region
Breakup by Type
  • Wired
  • Wireless
Breakup by Technology
  • Electromagnetic
  • Capacitive
  • Optical
  • Piezoresistive
  • Resonant Solid State
  • Others
Breakup by Product
  • Gauge Sensors
  • Differential Sensors
  • Absolute Sensors
Breakup by Application
  • Automotive
  • Industrial
  • Medical
  • Aerospace and Defence
  • Food and Beverage
  • HVAC
  • Others
Breakup by Region
  • United States of America
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Siemens AG
  • Dytran Instruments, Inc.
  • Honeywell International Inc. 
  • Panasonic Holdings Corporation
  • Kyocera Corporation 
  • Microchip Technology Inc.
  • Murata Manufacturing Co., Ltd.
  • PCB Piezotronics, Inc.
  • Emerson Electric Co. 
  • Rockwell Automation Inc.
  • Others

North America Pressure Sensors Market Report Snapshots

North America Pressure Sensors Market Size

North America Pressure Sensors Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is expected to grow at a CAGR of 8.90% between 2024 and 2032.

The major drivers of the market include increasing demand across industries like aerospace, automotive, healthcare and consumer goods, and advancements in measurement technology.

Key trends aiding market expansion include the growing use in home appliances, the increasing sales of electric vehicles, and the rise in natural gas consumption.

Major regions in the market are the USA and Canada.

Pressure sensors measure pressure in liquids or gases and convert it into an electrical signal, allowing for precise monitoring and control. 

Key players in the market are Siemens AG, Dytran Instruments, Inc., Honeywell International Inc., Panasonic Holdings Corporation, Kyocera Corporation, Microchip Technology Inc., Murata Manufacturing Co., Ltd., PCB Piezotronics, Inc., Emerson Electric Co., and Rockwell Automation Inc., among others.

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30 North Gould Street, Sheridan, WY 82801

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124