Absolute Pressure Sensor Market

Key data points: Market size in 2027 = $10 billion and 2035 = $13.1 billion, growth forecast = 3.4% annually for the next 8 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in absolute pressure sensor market to 2035 by pressure rating (bar 1, bar 2, bar 3, and bar 4), application (medical appliance, consumer electronics, and automotive), and region (North America, Europe, Asia Pacific, and the Rest of the World) Absolute Pressure Sensor Market The future of the global absolute pressure sensor market looks promising with opportunities in the medical appliance, consumer electronics, and automotive markets. The global absolute pressure sensor market is expected to reach an estimated $13.1 billion by 2035 from $10 billion in 2027 with a CAGR of 3.4% from 2027 to 2035. The major drivers for this market are the increasing demand for automotive engine management, the rising adoption of industrial automation systems, and the growing need for consumer electronics devices. • Lucintel forecasts that, within the pressure rating category, bar 3 is expected to witness the highest growth over the forecast period due to the rising demand for medium pressure applications. • Within the application category, automotive is expected to witness the highest growth over the forecast period due to the rising vehicle production. • In terms of regions, APAC will remain the largest region over the forecast period due to the rapid industrialization and growing manufacturing sectors. Gain valuable insights for your business decisions with our comprehensive 150+ page report. Sample figures with some insights are shown below. Emerging Trends in Absolute Pressure Sensor Market Absolute pressure sensors will go from being standalone measurement devices to integrated smart sensing systems between 2024 and 2026. Based on Lucintel's recent study, integration of connectivity and semiconductor fabrication will determine the market segmentation for single function sensors versus platform leaders. • IIoT and Smart Manufacturing Integration: Manufacturers integrate wireless pressure sensors for data processing in their manufacturing execution systems, consequently developing systems that go beyond simple measurement. This integration will increase the demand for sensors that provide entire solutions instead of single pressure measurements. • Semiconductor Fabrication Demand: Fab construction demands pressure sensors as a control component in CVD and etch processes for applications requiring extreme measurement precision. Fab construction will provide sustained demand for sensors as each new facility requires thousands of control and safety measurement sensors. • Electrification of Vehicles and ADAS: Demand for pressure sensors increases for both tire pressure monitoring systems, as well as advanced driver assistance systems (ADAS) due to increasing vehicle electrification and integration of safety features. In its EV procurement disclosure for 2025, BYD reported that domestic MEMS sourcing increased from 38% to 54%. This will create greater demand for automotive-grade pressure sensors. • Wireless Sensor Architecture: Wireless pressure sensors will have a 10.5% CAGR through 2035 due to IIoT retrofits and the adoption of battery powered transmitters in industrial facilities after legacy systems. This wireless shift will continuously drive opportunities for retrofits in process plants using wired control architectures. • Restricted Export Control and Advancing Supply Chains: Recent export restrictions on advanced semiconductor manufacturing equipment have begun the geopolitical realignment of high-performance sensor manufacturing capacity. This will continue to stimulate manufacturers to focus on regional supply chain diversification to manage the exposure of export control. The combination of wireless connectivity and semiconductor-level precision will become a competitive advantage for sensor suppliers within a short time. Absolute pressure sensors are critical building blocks for the manufacturing and automotive safety domains. Recent Developments in the Absolute Pressure Sensor Market Deal making and government-sponsored capacity investment kept absolute pressure sensor suppliers occupied throughout 2024-2026, as significant industrial players pursued scale through both acquisition and public funding of semiconductors. Lucintel’s newest report illustrates how in the current climate, capacity expansion and strategic acquisitions are shifting the marketplace more quickly than incremental product launches. • Major Acquisition: In September 2025, Crane Company completed its $1.06 billion acquisition of Precision Sensors & Instrumentation, a Baker Hughes business, for $390 million. Along with this deal, Crane also acquired the Druck brand with a focus on aerospace pressure sensing. This acquisition provides Crane Company with increased market share for high-end pressure sensing for aerospace applications. • Government-backed Semiconductor Funding: In February 2025, Infineon received approximately €1 billion Euro funding from the European Chips Act to support its Smart Power fab in Dresden, which will create up to 1,000 jobs. This level of public funding shows how European governments have shifted to considering sensor and semiconductor manufacturing as a strategic infrastructure. • New Business Unit Formation: In January 2025, Infineon focused on its Sensor Units & Radio Frequency (SURF) business to target the green energy, mobility, and IoT markets with its sensor and RF business. Restructuring enhancements made by established chipmakers provide insight into the market for cross-category sensors. • Strategic Defense Partnership: In February 2025, Honeywell International made a partnership with Forward Edge ASIC, a subsidiary of Lockheed Martin, to provide radiation-hardened microelectronics for space applications. This partnership allows Honeywell to enter a specialized high margin defense and aerospace sensing market. • National Semiconductor Fund Support: The third phase of China’s National IC Fund approved in May 2024, will subsidize the production of both CMOS image sensors and MEMS pressure sensors at both SMIC and YMTC. Government funded subsidies at this scale will enhance domestic production of MEMS pressure sensors in China. It’s capacity investments combined with government-backed strategic acquisitions in the aerospace and semiconductor markets that are fundamentally changing today’s market. Companies that leverage business combination with available public funding, such as Crane and Infineon, will continue to dominate the market well into the next decade. Strategic Growth Opportunities in the Absolute Pressure Sensor Market New opportunities abound in absolute pressure sensors for semiconductor processing, automotive electrification, and wireless retrofit between 2024 and 2026. According to Lucintel, the greatest growth is occurring for suppliers who move beyond making single measurement devices. • Semiconductor Fab Process Control: Global investment in semiconductor manufacturing equipment expected to exceed $120 billion means thousands of high precision pressure sensors (cvd and etch process control) will be needed for each fab. It can be a stable source of revenue for suppliers to build dedicated lines of semiconductor-grade pressure sensors. • Wireless Retrofit Services: Growing at a 10.5% CAGR to 2035, wireless pressure sensor configurations are enabled by the IIoT retrofit of legacy process plants with a wired sensing architecture. Dedicated solutions for wireless retrofit and battery-powered transmitters can give suppliers access a large market of aging industrial facilities. • Automotive Safety System Expansion: ADAS and TPMS combine to create a strong automotive safety pressure systems market, thanks in part to the Production Linked Incentive scheme for domestic MEMS sensor manufacturing in India. Building dedicated automotive safety sensors will give suppliers access to a regulated market with high potential volume. • Aerospace and Defense Applications: Honeywell’s deal with Lockheed Martin’s ForwardEdge ASIC to develop radiation-hardened microelectronics for space applications strongly suggests opportunities for specialized defense and aerospace pressure sensing. Building radiation-hardened and mission-critical sensors will give suppliers opportunities to charge much more than industrial sensor margins. • Regional Manufacturing Diversification: Government funding of semiconductor production in China, India, and Germany, along with Infineon's €1 billion EU Chips Act funding, shows potential for more geographically diversified sensor fabrication. Early investments in these regionally subsidized manufacturing will give suppliers less exposure to the risk of export control and trade policies. The demand for absolute pressure sensors is primarily driven by the need for semiconductor fabs and the increasing regulations on automotive safety. Traditional industrial replacement volumes are not the primary drivers for sensor demand. Wireless retrofit services of aerospace-grade precision sensors will give suppliers the advantage over competitors offering only commodity industrial sensors. Absolute Pressure Sensor Market Drivers and Challenges Growth in industrial automation and semiconductor fabrication has increased demand for absolute pressure sensors, but testing supplier margins due to export controls and high development costs. According to Lucintel’s latest report, production of absolute pressure sensors will depend on the balance of these factors. Drivers • Automation and IIoT: The adoption of connected sensing systems creates demand, with almost 43% of revenue for pressure sensors anticipated to come from the Asia-Pacific region by 2025. Automation will create demand for sensors which provide integrated monitoring solutions for use within manufacturing execution systems. • Semiconductor Fabrication: Investment in global semiconductor manufacturing equipment, estimated to exceed $120 billion, requires thousands of high-precision sensors for use in semiconductor manufacturing process control. Continued construction of semiconductor manufacturing facilities will create ongoing demand as these facilities are constructed in manufacturing centers. • Electrification and Safety Regulations: Safety regulations and the adoption of Advanced Driver Assistance Systems (ADAS) and Tire Pressure Monitoring Systems (TPMS) are increasing demand for automotive-grade sensors. BYD reported that in its procurement plan for 2025 MEMS sourcing for EVs increased from 38% to 54%. This push will create ongoing demand for automotive pressure sensors and will continue into the later part of the 2020s. • Semiconductor Funding: Public funding such as the EU Chips Act’s $1 billion allocation to Infineon for its Dresden Smart Power fab, reflects the strong commitment of funding to create domestic sensor production capacity. Continued public funding will create domestic manufacturing capacity in Europe and Asia-Pacific. As the IIoT retrofit demand grows along with battery-powered transmitter adoption, configurations of wireless pressure sensors will grow at a 10.5% CAGR through 2035. This connectivity change will ensure that retrofit opportunities in legacy industrial sites that rely on wired sensing architecture will continue to grow. Challenges • Prohibitive Development Costs: Costly technologies of advanced pressure sensors put smaller players at a competitive disadvantage against larger, more well-funded competitors. • Digital Restrictions: Restrictions on cross border shipments of essential tools for advanced semiconductor manufacturing between major countries compromise high-performance sensor fab capacity. • Integration Challenges: Increasing complexity of sensor embedding within comprehensive IIoT systems presents a high barrier to manufacturers lacking capability in software and connectivity. The impact of high development costs and export control restrictions will create a more dominant position for better funded suppliers who can pursue a more diversified manufacturing strategy across regions. Wireless connectivity advances coupled with semiconductor level precision will enable industrial and automotive buyers to transition to more collaborative, long term purchasing agreements. List of Absolute Pressure Sensor Market Companies Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies absolute pressure sensor market companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the absolute pressure sensor market companies profiled in this report include- • Avnet, Inc. • Continental AG • DENSO CORPORATION • Honeywell International Inc. • Infineon Technologies AG • Kistler Group • Mitsubishi Electric Corporation • NXP Semiconductors • Robert Bosch • Setra Systems Absolute Pressure Sensor Market by Segment The study includes a forecast for the global absolute pressure sensor market by pressure rating, application, and region. Absolute Pressure Sensor Market by Pressure Rating [Value ($B) from 2019 to 2035]: • Bar 1 • Bar 2 • Bar 3 • Bar 4 Absolute Pressure Sensor Market by Application [Value ($B) from 2019 to 2035]: • Medical Appliance • Consumer Electronics • Automotive Absolute Pressure Sensor Market by Region [Value ($B) from 2019 to 2035]: • North America • Europe • Asia Pacific • The Rest of the World Country Wise Outlook for the Absolute Pressure Sensor Market Absolute pressure sensors grew rapidly between 2024 and 2026 due to industrial automation, electrification of vehicles, and increased capacity of semiconductor production. Based on Lucintel’s recent assessment, major producing countries are shaping their competitive positions through strategic capacity investments and acquisitions. • United States: In September of 2025, Crane Company announced an acquisition of Precision Sensors & Instrumentation, a division of Baker Hughes, for $1.06 billion; Crane acquired Druck, a specialized aerospace pressure sensing business, for $390 million. This acquisition strengthens Crane’s position for providing precision pressure sensing for aerospace and other demanding industrial applications. • China: As per the latest forecasts, the Chinese pressure sensor market will jump from $1.19 billion in 2025 to $1.77 billion by 2030. This will be primarily construed as an effect of the third phase of the National IC Fund, approved in May 2024, which supports the production of MEMS pressure sensors at SMIC and YMTC. This initiative on self-reliance in domestic semiconductor manufacturing is likely to strengthen China’s position both as a major producer and a large consumer of pressure sensing technology. • Germany: In February 2025, Infineon Technologies received around €1 billion from the EU through the European Chips Act to support its Smart Power fab in Dresden. This is expected to enhance the production of semiconductors for automotive, industrial, and security sensors as well as creating around 1,000 jobs. This will strengthen Germany’s position as a leading European pressure sensor manufacturer. • India: Production Linked Incentives and the Semiconductor Ecosystem Development plan support domestic Production of MEMS sensors and advanced automotive elements related to the Tire Pressure Monitoring Systems and Advanced Driver Assistance Systems. India targets to replace dependence on import technologies for Pressure sensing with domestic sensing technologies. • Japan: Nagano Keiki and other Japanese companies continue to provide automotive-grade pressure sensors and process instrumentation for industrial use, accounting for 18-22% of pressure sensor revenues in the Asia-Pacific region. Their strong positions in medical devices and precision manufacturing have consolidated Japan as a key supplier of advanced pressure sensing solutions in the region. Features of the Global Absolute Pressure Sensor Market Market Size Estimates: absolute pressure sensor market size estimation in terms of value ($B). Trend and Forecast Analysis: Market trends (2019 to 2026) and forecast (2027 to 2035) by various segments and regions. Segmentation Analysis: absolute pressure sensor market size by pressure rating, application, and region in terms of value ($B). Regional Analysis: absolute pressure sensor market breakdown by North America, Europe, Asia Pacific, and Rest of the World. Growth Opportunities: Analysis of growth opportunities in different pressure rating, applications, and regions for the absolute pressure sensor market. Strategic Analysis: This includes M&A, new product development, and competitive landscape of the absolute pressure sensor market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model. If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more. This report answers following 11 key questions: Q.1. What are some of the most promising, high-growth opportunities for the absolute pressure sensor market by pressure rating (bar 1, bar 2, bar 3, and bar 4), application (medical appliance, consumer electronics, and automotive), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2. Which segments will grow at a faster pace and why? Q.3. Which region will grow at a faster pace and why? Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market? Q.5. What are the business risks and competitive threats in this market? Q.6. What are the emerging trends in this market and the reasons behind them? Q.7. What are some of the changing demands of customers in the market? Q.8. What are the new developments in the market? Which companies are leading these developments? Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth? Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution? Q.11. What M&A activity has occurred in the last 6 years and what has its impact been on the industry?