Product Code: GVR-4-68040-456-3
<= 5 mm2 Pressure Sensor Market Trends:
The global <= 5 mm2 pressure sensor market size was estimated at USD 1.17 billion in 2023 and is expected to grow at a CAGR of 6.5% from 2024 to 2030. Mobile devices such as smartphones and tablets are increasing worldwide across all age groups. The adoption of smartphones has increased significantly in emerging economies, such as Brazil, Mexico, and India, coinciding with the continued rollout of high-speed mobile data networks. India is experiencing a high smartphone penetration rate due to the increasing adoption of budget smartphones among the middle-class and lower-middle-class income groups. According to Ericsson Mobility Report, worldwide mobile subscriptions reached 8,460 million in 2023. Smartphone subscriptions stood at 6,620 million in 2022, growing to 6,970 million in 2023.
Pressure sensors are essential for improving the overall functionality of smartphones and tablets. These sensors are used in various applications, such as barometric pressure measurement, which enables altitude determination. This capability is particularly useful in navigation apps, where altitude data can provide more accurate location tracking in activities such as hiking, climbing, or even urban navigation, where elevation changes may impact route planning. In addition, barometric pressure sensors can be used for weather forecasting, giving users insights into potential weather changes based on atmospheric pressure variations.
The growing demand for thinner and lighter smartphones and tablets presents the need for internal components with smaller form factors that do not compromise performance. This demand for miniaturization is particularly important for pressure sensors, which must fit into increasingly limited spaces while maintaining accuracy and reliability. Pressure sensors <= 5 mm2 are ideally suited for this purpose, as they can be integrated into the tight confines of modern mobile devices. Their small size also allows for more flexible placement within the device, enabling manufacturers to optimize internal layouts and accommodate critical components such as batteries and cameras.
In addition, the constant rise in the number of minimally invasive medical procedures globally is a key factor driving the market. Pressure sensors <= 5 mm2 are crucial components in microcatheters and implantable medical devices, enabling the precise monitoring of physiological parameters within the body. Microcatheters are tiny, flexible tubes used in minimally invasive medical procedures to navigate the body's vascular system or other small, intricate pathways. Integrating pressure sensors within these microcatheters allows for real-time internal pressure monitoring, vital for diagnostic and therapeutic purposes.
Moreover, pressure sensors within microcatheters can also assist in guiding the catheter through the body. By detecting pressure changes as the catheter moves through different anatomical regions, these sensors can help navigate tight or complex areas, such as the coronary arteries. It ensures that the catheter reaches the target site safely and efficiently, minimizing the risk of complications.
Global <= 5 mm2 Pressure Sensor Market Report Segmentation
The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global <= 5 mm2 pressure sensor market report based on product, type, technology, application, and region.
- Product Outlook (Revenue, USD Million, 2018 - 2030)
- Absolute Pressure Sensor
- Differential Pressure Sensor
- Gauge Pressure Sensor
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Wired
- Wireless
- Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Piezoresistive
- Capacitive
- Resonant Solid State
- Others
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Automotive
- Oil & Gas
- Consumer Electronics
- Medical
- Industrial
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Latin America
- Middle East & Africa
- UAE
- Kingdom of Saudi Arabia
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.4. Information Analysis
- 1.4.1. Market Formulation & Data Visualization
- 1.4.2. Data Validation & Publishing
- 1.5. Research Scope and Assumptions
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Impact Analysis
- 3.3.2. Market Restraint Impact Analysis
- 3.3.3. Market Opportunity Impact Analysis
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. <= 5 mm2 Pressure Sensor Market: Product Estimates & Trend Analysis
- 4.1. Product Movement Analysis & Market Share, 2023 & 2030
- 4.2. <= 5 mm2 Pressure Sensor Market Estimates & Forecast, By Product
- 4.2.1. Absolute Pressure Sensor
- 4.2.1.1. Absolute Pressure Sensor Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.2.2. Differential Pressure Sensor
- 4.2.2.1. Differential Pressure Sensor Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.2.3. Gauge Pressure Sensor
- 4.2.3.1. Gauge Pressure Sensor Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. <= 5 mm2 Pressure Sensor Market: Type Estimates & Trend Analysis
- 5.1. Type Movement Analysis & Market Share, 2023 & 2030
- 5.2. <= 5 mm2 Pressure Sensor Market Estimates & Forecast, By Type
- 5.2.1. Wired
- 5.2.1.1. Wired Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.2.2. Wireless
- 5.2.2.1. Wireless Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. <= 5 mm2 Pressure Sensor Market: Technology Estimates & Trend Analysis
- 6.1. Technology Movement Analysis & Market Share, 2023 & 2030
- 6.2. <= 5 mm2 Pressure Sensor Market Estimates & Forecast, By Technology
- 6.2.1. Piezoresistive
- 6.2.1.1. Piezoresistive Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. Capacitive
- 6.2.2.1. Capacitive Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Resonant Solid State
- 6.2.3.1. Resonant Solid State Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Others (Optical MEMS Technology, Magnetic Sensors)
- 6.2.4.1. Others Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. <= 5 mm2 Pressure Sensor Market: Application Estimates & Trend Analysis
- 7.1. Application Movement Analysis & Market Share, 2023 & 2030
- 7.2. <= 5 mm2 Pressure Sensor Market Estimates & Forecast, By Application
- 7.2.1. Automotive
- 7.2.1.1. Automotive Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. Oil & Gas
- 7.2.2.1. Oil & Gas Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Consumer Electronics
- 7.2.3.1. Consumer Electronics Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Medical
- 7.2.4.1. Medical Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.5. Industrial
- 7.2.5.1. Industrial Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.6. Others (Aerospace & Defense)
- 7.2.6.1. Others Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. <= 5 mm2 Pressure Sensor Market: Regional Estimates & Trend Analysis
- 8.1. <= 5 mm2 Pressure Sensor Market: Regional Outlook
- 8.2. North America
- 8.2.1. North America <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Mexico <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.3.2. Germany
- 8.3.2.1. Germany <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.3.3. UK
- 8.3.3.1. UK <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.4.3. India
- 8.4.3.1. India <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.4.4. Japan
- 8.4.4.1. Japan <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.4.5. Australia
- 8.4.5.1. Australia <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.4.6. South Korea
- 8.4.6.1. South Korea <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.6. MEA
- 8.6.1. MEA <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.6.2. UAE
- 8.6.2.1. UAE <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.6.3. Kingdom of Saudi Arabia (KSA)
- 8.6.3.1. Kingdom of Saudi Arabia (KSA) <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.6.4. South Africa
- 8.6.4.1. South Africa <= 5 mm2 Pressure Sensor market estimates & forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Market Positioning
- 9.4. Company Market Share Analysis
- 9.5. Company Heat Map Analysis
- 9.6. Strategy Mapping
- 9.6.1. Expansion
- 9.6.2. Mergers & Acquisition
- 9.6.3. Partnerships & Collaborations
- 9.6.4. New Product Launches
- 9.6.5. Research And Development
- 9.7. Company Profiles
- 9.7.1. Robert Bosch GmbH
- 9.7.1.1. Participant's Overview
- 9.7.1.2. Financial Performance
- 9.7.1.3. Product Benchmarking
- 9.7.1.4. Recent Developments
- 9.7.2. STMicroelectronics
- 9.7.2.1. Participant's Overview
- 9.7.2.2. Financial Performance
- 9.7.2.3. Product Benchmarking
- 9.7.2.4. Recent Developments
- 9.7.3. TDK Corporation
- 9.7.3.1. Participant's Overview
- 9.7.3.2. Financial Performance
- 9.7.3.3. Product Benchmarking
- 9.7.3.4. Recent Developments
- 9.7.4. NXP Semiconductors
- 9.7.4.1. Participant's Overview
- 9.7.4.2. Financial Performance
- 9.7.4.3. Product Benchmarking
- 9.7.4.4. Recent Developments
- 9.7.5. ALPS ALPINE CO., LTD
- 9.7.5.1. Participant's Overview
- 9.7.5.2. Financial Performance
- 9.7.5.3. Product Benchmarking
- 9.7.5.4. Recent Developments
- 9.7.6. Althen Sensors and Controls
- 9.7.6.1. Participant's Overview
- 9.7.6.2. Financial Performance
- 9.7.6.3. Product Benchmarking
- 9.7.6.4. Recent Developments
- 9.7.7. Phoenix Sensors
- 9.7.7.1. Participant's Overview
- 9.7.7.2. Financial Performance
- 9.7.7.3. Product Benchmarking
- 9.7.7.4. Recent Developments
- 9.7.8. Goertek
- 9.7.8.1. Participant's Overview
- 9.7.8.2. Financial Performance
- 9.7.8.3. Product Benchmarking
- 9.7.8.4. Recent Developments
- 9.7.9. ROHM Co., Ltd.
- 9.7.9.1. Participant's Overview
- 9.7.9.2. Financial Performance
- 9.7.9.3. Product Benchmarking
- 9.7.9.4. Recent Developments