Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.81 Billion | USD 4.82 Billion | 6.30% | 2023 |
FrequentlyAsked Questions
According to market research, micro-electro-mechanical (MEMS) pressure sensors are among the oldest forms of MEMS devices produced in series.
The global MEMS pressure sensor market is expected to grow due to the rising rate of innovation in the industry.
According to study, the global MEMS pressure sensor market size was worth around USD 2.81 billion in 2023 and is predicted to grow to around USD 4.82 billion by 2032.
The CAGR value of the MEMS pressure sensor market is expected to be around 6.30% during 2024-2032.
The global MEMS pressure sensor market is expected to be led by North America during the forecast period.
The global MEMS pressure sensor market is led by players like Omron Corporation, Bosch Sensortec GmbH, Melexis NV, Alps Alpine Co. Ltd, Murata Manufacturing Co. Ltd, Honeywell International Inc., Infineon Technologies AG, Amphenol Advanced Sensors (Amphenol Corporation), ROHM Co. Ltd, Sensata Technologies Inc., InvenSense Inc. (TDK Corporation), Goertek Inc., NXP Semiconductors NV, STMicroelectronics NV, and TE Connectivity Ltd.
The report explores crucial aspects of the MEMS pressure sensor market, including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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