MRO Components, Consumables & Tooling · Indirect
Monitoring · monthlyProcurement Category Intelligence
Industrial Sensors - Pressure
Overview
Market size
$11.4B
global, USD
CAGR
5.8%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
9
tracked players
Signals
12
3 high severity
Market outlook
2031$15.1B
What changed
Demand by region
Asia Pacific demand40%
North America demand28%
Europe demand22%
Latin America demand6%
Rest of world demand4%
share of global demandtotal 100%
Cost drivers
Silicon substrates and MEMS micromachining25%
Specialized alloy housings and ceramic thick-films20%
Electronic components and signal conditioning ASICs20%
Precision calibration, assembly, and testing labor20%
Packaging, compliance certification, and freight15%
share of delivered cost (analyst estimate)