2023 annual output value of pressure sensor challenges $2 billion

According to the latest research report from the research unit Yole Développement, the MEMS pressure sensor market will grow at a rate of 3.8% per year, and the market size will reach $2 billion by 2023. Pressure sensors are widely used in various fields, and market growth varies by application. Automotive, consumer applications and avionics are the most dynamic markets.

The automotive industry is the most traditional and largest market for MEMS pressure sensors. Therefore, powertrain applications account for more than 50% of the pressure sensor business, followed by safety, Tire Pressure Monitoring System (TPMS) is the largest single vehicle. Applications. With the promotion of CO2 emission reduction and automation, pressure sensors will become more and more widely used in the next five years, especially in China. In fact, government regulations will require pressure sensors for a variety of applications. Including TPMS, diesel Gasoline particulate filter (DPF, GPF) and fuel tank evaporation (EVAP).

At the same time, due to the rapid popularity of high-end smartphones and tablets in recent years, the consumer market is now the second largest pressure sensor market. It is expected that it will be further extended to Android low-end smart phones and be subject to new application scenarios (eg, The promotion of indoor and outdoor navigation. Lower sensor costs and higher accuracy and power have also made possible the development of new applications such as wearable devices, electronic cigarettes, drones and smart homes.

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