Under pressure: Downstream market demand will rise, but import penetration threatens growth

The Pressure Sensor Manufacturing industry is highly globalized and serves a broad range of downstream manufacturing industries. Technological advancements that have improved pressure sensor performance and reliability have broadened the application of pressure sensors in new markets and supported industry growth over the past five years. Rising demand for pressure sensors in new and existing manufacturing markets is expected to underpin industry growth over the next five years. In the five years to 2023, industry revenue is forecast to rise at an annualized rate of 2.0% to $1.8 billion...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Threats & Opportunities

  • Domestically, increased industrial production activity will drive demand
  • US manufacturers often focus on technologically advanced pressure sensors
  • Continued technological advancements will increase adoption of pressure sensors
  • Industry Report - Starting a New Business Chapter

    The Pressure Sensor Manufacturing industry has high barriers to entry. Barriers include the high level of capital investment required for production facilities, intellectual capital barriers and competition from existing major players. Due to the high level of technological change in the industry, new entrants must invest heavily in pressure sensor production machinery. Also, as wages account for 22.6% of the average industry company's cost structure, new entrants must hire skilled workers with knowledge and experience in engineering. Research and development (R&D) is highly important for industry operators due to the changing applications of pressure sensors in manufacturing industries. Pre...purchase to read more.

    Additional Insights for the Pressure Sensor Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Pressure Sensor Manufacturing Industry are

  • Access to highly skilled workforce
  • Having contacts within key markets
  • Ready access to investment funding
  • IBISWorld analysts also discuss how external factors such as Demand from water supply and irrigation systems and Research and development expenditure in the Pressure Sensor Manufacturing industry impact industry performance..

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    What's in this report

    What is the Pressure Sensor Manufacturing Industry?

    Operators in this industry manufacture devices that measure fluid, gas and mechanical pressure for a broad range of downstream manufacturing industries. Key markets include automotive and medical device manufacturing, oil and gas, consumer electronics, HVAC, military and aerospace industries.

    Industry Products
  • Thin-film pressure sensors
  • Ceramic capacitive pressure sensors
  • Piezoresistive pressure sensors
  • Silicon capacitive pressure sensors
  • Industry Activities
  • Manufacturing industrial-process type pressure sensors
  • Manufacturing pressure gauges
  • Manufacturing pressure transducers
  • Manufacturing pressure and vacuum indicators for aircraft engines
  • Manufacturing piezoresistive pressure sensors
  • Manufacturing ceramic capacitive pressure sensors
  • Manufacturing silicon capacitive pressure sensors
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from water supply and irrigation systems
  • Research and development expenditure
  • Value of utilities construction
  • Private investment in manufacturing structures
  • Trade-weighted index

  • Current Performance
  • Highly globalized
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry landscape
  • High barriers to entry limit new entrants
  • Table: Pressure Sensor Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Pressure Sensor Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing
  • Medical Device Manufacturing
  • Car & Automobile Manufacturing

  • Key Selling Industries
  • Glass Product Manufacturing
  • Laminated Plastics Manufacturing
  • Semiconductor & Circuit Manufacturing
  • Wire & Cable Manufacturing

  • Products & Services
  • Piezoresistive pressure sensors
  • Ceramic capacitive pressure sensors
  • Silicon capacitive pressure sensors
  • Thin-film pressure sensors
  • Chart: Pressure Sensor Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Domestic automotive manufactures
  • Domestic consumer products manufacturers
  • Domestic industrial manufacturers
  • Domestic medical device manufacturers
  • Domestic high-end product manufacturers
  • Chart: Major Market Segmentation for the Pressure Sensor Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesLabor costsOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Pressure Sensor Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Pressure Sensor Manufacturing Industry

  • Industry Globalization
    General Electric Company, Honeywell International Inc., TE Connectivity Ltd.,
  • Table: General Electric Company - financial performance
  • Table: Honeywell International Inc. - financial performance
  • Table: TE Connectivity Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Pressure Sensor Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Pressure Sensor Manufacturing Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Industrial Production Index (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Mems Pressure Sensors
  • Microelectromechanical system (MEMS) pressure sensors are smaller and higher performance devices that can be mass produced for a wide range for measuring mechanical, gas and fluid pressure.
  • Piezoresistive Pressure Sensors
  • These sensors are the most widely used MEMS pressure sensor to measure a range of pressures, primarily in automotive and industrial manufacturing applications.
  • Silicon Capacitive Pressure Sensors
  • These sensors provide low range pressure measurements in automotive, medical and consumer product manufacturing applications.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Pressure Sensor Manufacturing Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Pressure Sensor Manufacturing industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Pressure Sensor Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Pressure Sensor Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Pressure Sensor Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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