MEMS Pressure Sensors Market

Market Overview

The global MEMS pressure sensors market size was valued at USD 2,674.09 million in 2023. It is estimated to reach USD 4,262.09 million by 2032, growing at a CAGR of 6.0% during the forecast period (2024–2032).

Microelectromechanical systems (MEMS) devices integrate miniature mechanical and electronic components on a silicon chip. The MEMS pressure sensor incorporates a pressure sensing element and a digital conditioning processor, digitally compensating the drift, sensitivity, and linearity parameters. This pressure sensor generates a calibrated and compensated standard voltage signal based on the voltage power supply. It is appropriate for measuring the pressure of pure non-corrosive gases. MEMS series pressure sensors are intended for pressure measurement of clean, non-corrosive gases and are based on MEMS technology and SOP, DIP, and COB packages, among other packaging types.

A piezoresistive pressure sensing die that has been through the MEMS processing process is the main component of the MEMS pressure sensor. The springy diaphragm and four resistors built into the diaphragm make up the pressure-detecting die. Four piezo resistors create a Wheatstone bridge construction. The Wheatstone bridge will produce a linear proportional voltage signal when the springy diaphragm is under pressure. Since there is no output without pressure changes, less power is used. The MEMS pressure sensor is extensively used in biomedicine, automotive electronics, and other fields thanks to its small size, low cost, and other advantages.

Market Dynamics

Global MEMS Pressure Sensors Market Drivers

Emergence of Automation and Industry 4.0

MEMS sensors are used in automation and Industry 4.0 applications because they can be used in early-failure-detection and predictive-maintenance systems where temperature, vibration, pressure, sound, and acoustics studies are required. Industry 4.0 and the adoption of IoT, which have resulted in significant changes in manufacturing, require businesses to adopt technologies that complement and supplement human labor with automation and reduce industrial accidents caused by process breakdowns.

Additionally, the emphasis on automated production techniques is a major development impacting the industry. The Government of India set an ambitious goal to increase manufacturing output contribution to 25% of the Gross Domestic Product (GDP) from 16% by 2025, according to data from IBEF. The Udyog Bharat 4.0 program, Smart Advanced Manufacturing and Rapid Transformation Hub (SAMARTH), aimed to increase Industry 4.0 knowledge among Indian manufacturers and give stakeholders the tools they needed to deal with automation-related issues. Therefore, the robust growth in automation across industries and the growing Industry 4.0 efforts are anticipated to propel the market throughout the forecast period.

New Launches and Investments by Key Players

The market is getting increasingly competitive, with various established and new players in the automation market space developing and launching newer products. For instance, in February 2021, ABB announced the launch of its next-generation cobot families, GoFa and SWIFTI, expanding the company's YuMi collaborative robot portfolio. The launch of these stronger, faster, and more capable cobots aims at accelerating the company's expansion in high-growth segments, including healthcare, consumer goods, electronics, food and beverage, logistics, etc., meeting the rising demand for automation across numerous industries.

Furthermore, the developed infrastructure for automation in the United States is attracting players to invest in smart factory solutions. For instance, in December 2021, Deloitte announced that Siemens Digital Industries Software signed on as a founding sponsor of The Smart Factory. The Smart Factory Wichita is a 60,000-square-foot sustainable space on the Innovation Campus of Wichita State University. The Smart Factory features a fully functional production line and hands-on labs for creating and testing smart factory capabilities. Such factors drive market expansion.

Global MEMS Pressure Sensors Market Restraint

Complexity Regarding Multiple Interface

Some of the most critical problems with the design of sensor-based systems come from the interfaces. The numerous challenges associated with sensor interfaces are enough to complicate design and manufacture. They are enough to make design and production difficult, even if they are crucial for decoupling pieces and permitting reuse across many systems. More than a third of participants in a recent Fierce Electronics research on sensor design reported that their biggest challenge is integrating sensors into a design.

It might get complicated when users integrate several sensors to give a single signal to report the information the system needs. Understandably, if all other factors are equivalent, employing multiple sensors is more expensive. MEMS dice are needed to interface with the environment for sensing, interconnection, and actuation. MEMS packaging is application-specific, and the package allows the physical interface of the MEMS device to the environment. Harsh environments create different challenges for the packaging of MEMS, restricting market growth.

Global MEMS Pressure Sensors Market Opportunities

Increasing Demand for Sensor-rich Applications

Sensor technologies have benefited people's daily lives in practically every field where they have been used. Sensors detect and gather signals from the source/environment, then design the reaction accordingly. Various sources, including light, temperature, movement, and pressure, can be used. Innovative sensor technologies are used in multiple lifestyles, healthcare, fitness, production, and everyday applications. In addition, drug donors equipped with sensors make taking drugs in the medical area easier. It sends them a signal to remind them to take their medicine and supply the necessary drug at the appropriate time.

For instance, in January 2022, Superior Sensor Technology announced adding two new pressure sensor families to extend its ND series. These new devices enable manufacturers to develop more stable and accurate products cost-effectively for several industrial equipment applications operating at low to mid-pressure ranges. The new mid-pressure sensors support commercial, transportation, research and development, and manufacturing equipment manufacturers. Furthermore, the petrochemical industry's demand for pressure sensors primarily focuses on reliability, stability, and high accuracy. The capacity to obtain the most accurate measurement under various working situations to preserve production stability and process consistency is a manifestation of pressure sensor stability, thus, creating opportunities for market growth.

Regional Analysis

Based on region, the global MEMS pressure sensors market is bifurcated into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Asia-Pacific Dominates the Global Market

Asia-Pacific is the most significant global MEMS pressure sensors market shareholder and is anticipated to exhibit a CAGR of 6.3% during the forecast period. The automobile industry in the Asia-Pacific region is one of the biggest in the world, having transformed over the previous few decades from a modest government-controlled industry to one dominated by huge multinational corporations. According to IBEF, in 2021, the total number of passenger vehicles produced in India was 22,652,108. In addition, major regional automakers have begun spending extensively in various parts of the industry to meet rising demand in recent months. According to the data published by the Department for Promotion of Industry and Internal Trade, the industry attracted USD 30.51 billion in Foreign Direct Investment (FDI) between April 2000 and June 2021, representing 5.5%of overall FDI. Such investments will drive the demand for MEMS pressure sensors in the region. Government investments and technological advancements in various sectors also drive the regional MEMS pressure sensors market.

Europe is projected to exhibit a CAGR of 5.4% over the forecast period. The consumer electronics sector is developed in Europe and supported by a high-tech networking environment. The region has a high acceptance rate of new technologies and a significant premium market portion in all industries after the United States. Despite this, the region continues to be a significant importer of electronics. For instance, Chinese phones account for a third of the European market. However, this is expected to change due to the recent decision of major economies to stop Huawei contracts for 5G technology procurement from the Chinese tech giant. In addition, Europe is a global automotive hub due to major automotive and OEM companies, such as Robert Bosch GmbH, Volkswagen AG, and Daimler AG. Consistent development of automotive MEMS Pressure sensors for autonomous applications is expected to drive the market studied during the forecast period.

North America is expected to grow significantly in the market owing to adoption in various sectors, such as automotive, aerospace, healthcare, and many more. Stringent government regulations regarding passenger safety and significantly growing automotive and aerospace industries also drive the market for MEMS pressure sensors in North America. The development of information technology and the rising adoption of IoT in various manufacturing, industrial, and automotive applications have given regional business operations a new dimension. Additionally, the emergence of automation and Industry 4.0, growing government regulations for TPMS (tire-pressure monitoring system), and increasing demand for pressure sensor-rich applications are significant factors driving the market for MEMS pressure sensors in North America.

In the Latin American region, the market is anticipated to grow gradually over the forecast period due to advancements in the regional automotive, consumer electronics, healthcare, and defense sectors, creating opportunities. Due to the growing industrial sector, Latin America is expected to experience an improved demand for MEMS pressure sensors. Additionally, the region features Mexico, whose economy has performed well owing to its thriving manufacturing sector. However, the growth of the manufacturing industry, especially high-end manufacturing, relies on adopting pressure sensors to automate most of the processes. The lower labor costs in the region are resulting in the rapid expansion of other industrial sectors. These industries' shift toward Industry 4.0 contributes to market adoption.

In the Middle East and Africa, the United Arab Emirates (UAE) is one of the quickest-growing manufacturing industries in the region due to government-sponsored anchor projects, cheap taxes, and business-friendly policies that encourage automation and the development of the manufacturing sector. In addition, the UAE government announced plans to invest USD 75 billion in the country's new industrial manufacturing sector and that the manufacturing sector would contribute 25% toward the country's GDP by 2025. Automation initiative trends would further drive the market's growth in the region.

Segmental Analysis

The global MEMS pressure sensors market is segmented by type, distribution channel, and application.

Based on the type, the global market is divided into silicon piezoresistive and silicon capacitive.

The silicon piezoresistive segment is responsible for the most significant market share and is anticipated to exhibit a CAGR of 5.5% over the forecast period. Silicon piezoresistive pressure sensor is more suitable for the harsh environment due to its wide bandgap, corrosion tolerance, excellent chemical inertness, high Young's modulus, and high carrier mobility. The concept of an effective wide signal must be abandoned to improve overload protection. It is necessary to use a pressure sensor designed for a higher-pressure range. Although a mechanical stop can be used in capacitive pressure sensors to prevent membrane deformation under pressure and ensure very high overload protection, it is nearly impossible with the comparatively tiny silicon membranes of piezoresistive pressure cells with the smallest deflections. Piezoresistive transducers implanted in silicon wafers with bulk micromachined diaphragms have emerged as a dominating approach for manufacturing automobile pressure sensors.

The silicon capacitive pressure sensor is based on changes in capacitive electrode distance into pressure changes in capacitance created by MEMS sensor technology. The capacitance sensor has low power, high impedance, small electrostatic attraction, small movable mass, little heat effects, and non-contact measurement. Silicon capacitive sensors incorporate performance indications such as non-linearity, overload, static pressure, and dependability and outperform silicon piezoresistive sensors, ceramic sensors, and metal diaphragm condenser transducers. Its silicon resonant sensor with a significant, especially in pursuit of nonlinear index users, is frequently better than silicon capacitive sensors for the nonlinear rate of 0.05% FS is greater than 60% of finished. Moreover, MEMS technology is used to create the capacitive pressure sensor, which has a chip size of 3mm.

Based on application, the global market is segmented into medical, electronics, automotive, industrial, aerospace and defense, home appliances, consumer electronics, and others.

The automotive segment owns the highest market share and is estimated to exhibit a CAGR of 5.5% during the forecast period. The automotive industry is changing. Vehicles are getting electrified, connected, and automated. As this trend is propelling, it impacts how semiconductors, including MEMS sensors, are designed and qualified for automotive applications. As automotive semiconductor designers carefully consider product definition, validation, and long-term reliability, MEMS sensor suppliers respond to novel opportunities created by electric and automated vehicles by developing inertial measurement units (IMUs) for automated driving and battery pressure monitoring sensors for Li-ion EV batteries. In addition, MEMS pressure sensors are the most used sensors in automobiles. At least 18 automotive applications have promoted the growth of pressure sensors, including tire pressure, brake sensors in electronic stability control systems, side airbags, and engine control related to increasingly stringent emission standards, atmospheric pressure, and exhaust gas recirculation pressure.

MEMS pressure sensors have been used extensively in multiple applications across healthcare for the past couple of years. For instance, ventilators provide breathing assistance to patients who have contracted an illness that prohibits normal breathing or sustained serious injury. MEMS pressure sensors have been used in medical applications historically and have been used in non-invasive medical equipment, including respiratory gear and blood pressure cuffs, since the 1980s. Further, MEMS pressure sensors have been utilized for invasive applications, including catheter tip sensors or implants reporting blood pressure (systolic and diastolic), cardiac output, and heart rate. The MEMS pressure sensors hold significant importance in respiratory monitoring and are used in ventilators to monitor patients' breathing.

Recent Developments

• December 2022- NextNav announced the industry's GoertekMicroelectronics SLP07-003 digital barometric pressure sensors certification. The NextNav-certified process verifies the barometric pressure sensor's performance, enhancing the consistency and quality of digital pressure sensor products and the sensor's readings.
• November 2022- TDK Corporation expanded the SmartAutomotive™ line of ASIL and non-ASIL motion sensors. It unveiled the InvenSense IAM-20380HT high-temperature automotive monolithic 3-axis MotionTracking sensor platform solution for non-safety automotive uses, which consists of the IAM-20380HT 3-axis MEMS gyroscope and the DK-20380HT developer kit.