Absolute Pressure Sensor ICs Market size was valued at USD 1.2 Billion in 2024 and is projected to reach USD 2.5 Billion by 2033, exhibiting a CAGR of 9.1% from 2026 to 2033.
The global absolute pressure sensor ICs market was valued at approximately USD 1.5 billion in 2022. This market is anticipated to experience significant growth due to increasing demand across various applications, including automotive, industrial equipment, and consumer electronics. The integration of micro electromechanical systems (MEMS) technology has enhanced sensor performance and cost effectiveness, further propelling market expansion.
Regionally, the Asia Pacific area holds a substantial share of the absolute pressure sensor ICs market, driven by rapid industrialization and the proliferation of consumer electronics. North America and Europe also contribute significantly, with advancements in automotive technologies and industrial automation fueling demand. Emerging trends such as the adoption of wireless sensors and the development of smart sensor technologies present lucrative opportunities for market growth globally.
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Bosch Sensortec
Bourns
Honeywell
Infineon
NXP
ROHM
STMicroelectronics
TE Connectivity
Wurth Elektronik
Melexis
Amphenol
Adafruit
Alps Alpine
EPCOS/TDK
First Sensor
Merit Sensor
Monnit
Nidec
Omron
Sensata
Silicon Microstructures
SparkFun Electronics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Absolute Pressure Sensor ICs Market
Ceramic Capacitive Sensors
Silicon Piezoelectric Sensors
Optical Pressure Sensors
Microelectromechanical Systems (MEMS) Sensors
Automotive
Aerospace
Industrial Automation
Consumer Electronics
Medical Devices
Analog Output
Digital Output
Wireless Output
Low Pressure (0-100 kPa)
Medium Pressure (100-700 kPa)
High Pressure (700 kPa and above)
Oil and Gas
Food and Beverage
Pharmaceuticals
Water and Wastewater Treatment
HVAC Systems
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Absolute Pressure Sensor ICs Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Absolute Pressure Sensor ICs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Absolute Pressure Sensor ICs Market, By Type
6. Global Absolute Pressure Sensor ICs Market, By Application
7. Global Absolute Pressure Sensor ICs Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Absolute Pressure Sensor ICs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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