Changes in the Forecast for Pressure Sensors?

Welcome to All Sensors “Put the Pressure on Us” blog. This blog brings out pressure sensor aspects in a variety of applications inspired by headlines, consumer and industry requirements, market research, government activities, and you.

Changes in the Forecast for Pressure Sensors?

Similar to many other products, instead of growing in 2020, due to the impact of the COVID 19 pandemic, the pressure sensor market experienced a slight drop according to a recent market report. But recovery is in the forecast.  The global MEMS pressure sensor market is expected to grow at US$2.2 billion in 2026 having a 4% compound annual growth rate (CAGR) from 2019-2026 with the medical portion growing at the same CAGR.

In addition to their extensive use in automobiles, smartphones and industrial applications, the report acknowledges that the miniaturization of microelectromechanical systems (MEMS) pressure sensors has allowed their use in invasive medical applications like blood pressure monitoring. Also, “Other niche medical markets like catheters, inflating device monitoring for cardiovascular applications that are invasive and require high accuracy, low-cost sensors, are fully using the advantages of MEMS technologies and could foster broader use in the medical market.”

The report states that as a mature technology, MEMS pressure sensors currently dominate the low-pressure market segment – under 10 bars (145 psi) – with piezoresistive technology continuing to be the main MEMS technology for the next five years. All Sensors piezoresistive MEMS pressure sensors are poised to take advantage of broader use in medical applications, especially in the ultra-low pressure from 0.1-inch H2O (0.0036 psi) full scale up to the 25-inch H2O (0.9 psi) area.

All Sensors Corporation's ELV Series Pressure Sensors

ELV Series digital and analog pressure sensor products.

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