Piezoresistive Pressure Sensors Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031

Piezoresistive pressure sensors market is anticipated to grow at a moderate CAGR of 3.5% during the forecast period (2024-2031). In piezoresistive pressure sensors, the measuring element is a silicon-based Wheatstone-Bridge. It extends minimally under pressure changing the electrical resistance in this way. This effect is commonly referred to as piezoresistive effect.

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Major piezoresistive pressure sensor market players are adopting necessary steps to improve design, production, and quality control processes with a view to enhance accuracy of piezoelectric pressure sensors thereby presenting innovative power-to-system solutions for applications that are set to power the world. For instance,in December 2019, STMicroelectronics launched LPS27HHW piezoelectric pressure sensor, an ultra-compact MEMS sensor that functions as a digital output barometer. The device is made of a sensing element and an IC interface, which communicates through I²C, MIPI I3CSM or SPI. The sensing element detects absolute pressure and consists of a suspended membrane manufactured using dedicated process developed by ST. It has an absolute pressure range from 360 to 1260hPa and features water-resistant package. The pressure sensor features low pressure sensor noise of 0.7Pa and provides 24-bit pressure data output. The device requires supply voltage of 1.7 to 3.6V and is used for GPS applications, water depth monitoring, gas metering as well as weather station equipment.

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  • Market Coverage
  • Market number available for – 2024-2031
  • Base year- 2024
  • Forecast period- 2024-2031
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Global Piezoresistive Pressure Sensors Market Report Segment

By Material

  • Ceramic
  • Silicon

By Application

  • Flow Rate Measurement
  • Barometric Pressure
  • Process Control
  • Test and Measurement
  • Navigation

By Industry Vertical

  • Consumer Electronics
  • Oil and Gas
  • Aerospace and Defense
  • Automotive
  • Industrial

Global Piezoresistive Pressure Sensors Market Report Segment by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

The Report Covers

  • Market value data analysis of 2023 and forecast to 2031.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global piezoresistive pressure sensors market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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