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North America Pressure Sensors Market Size, Trends, Growth: By Type: Wired, Wireless; By Technology: Electromagnetic, Capacitive, Piezoresistive, Others; By Product: Gauge Sensors, Differential Sensors, Absolute Sensors; By Application: Automotive, Industrial, Medical, Others; Regional Analysis; Competitive Landscape; 2024-2032
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:
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| Breakup by Type |
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| Breakup by Technology |
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Pressure Sensors Market Overview
8.1 Key Industry Highlights
8.2 Global Pressure Sensors Historical Market (2018-2023)
8.3 Global Pressure Sensors Market Forecast (2024-2032)
8.4 Global Pressure Sensors Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America Pressure Sensors Market Overview
9.1 Key Industry Highlights
9.2 North America Pressure Sensors Historical Market (2018-2023)
9.3 North America Pressure Sensors Market Forecast (2024-2032)
10 North America Pressure Sensors Market by Type
10.1 Wired
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Wireless
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 North America Pressure Sensors Market by Technology
11.1 Electromagnetic
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Capacitive
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Optical
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Piezoresistive
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Resonant Solid State
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 North America Pressure Sensors Market by Product
12.1 Gauge Sensors
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Differential Sensors
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Absolute Sensors
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 North America Pressure Sensors Market by Application
13.1 Automotive
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Industrial
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Medical
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Aerospace and Defence
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Food and Beverage
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 HVAC
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
13.7 Others
14 North America Pressure Sensors Market by Country
14.1 United States of America
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Canada
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators of Demand
15.4 Key Indicators of Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Siemens AG
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Dytran Instruments, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Honeywell International Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Panasonic Holdings Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Kyocera Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Microchip Technology Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Murata Manufacturing Co., Ltd.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 PCB Piezotronics, Inc.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Emerson Electric Co.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Rockwell Automation Inc.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Pressure Sensors Market: Key Industry Highlights, 2018 and 2032
2. North America Pressure Sensors Market: Key Industry Highlights, 2018 and 2032
3. North America Pressure Sensors Historical Market: Breakup by Type (USD Billion), 2018-2023
4. North America Pressure Sensors Market Forecast: Breakup by Type (USD Billion), 2024-2032
5. North America Pressure Sensors Historical Market: Breakup by Technology (USD Billion), 2018-2023
6. North America Pressure Sensors Market Forecast: Breakup by Technology (USD Billion), 2024-2032
7. North America Pressure Sensors Historical Market: Breakup by Product (USD Billion), 2018-2023
8. North America Pressure Sensors Market Forecast: Breakup by Product (USD Billion), 2024-2032
9. North America Pressure Sensors Historical Market: Breakup by Application (USD Billion), 2018-2023
10. North America Pressure Sensors Market Forecast: Breakup by Application (USD Billion), 2024-2032
11. North America Pressure Sensors Historical Market: Breakup by Country (USD Billion), 2018-2023
12. North America Pressure Sensors Market Forecast: Breakup by Country (USD Billion), 2024-2032
13. North America Pressure Sensors Market Structure
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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