Pressure Sensor Market to Reach USD 18.6 Billion by 2031, Growing at 6.4% CAGR, Says Wissen Research
Wissen Research projects the global pressure sensor market will rise from $12.8 billion in 2025 to $18.6 billion by 2031, a 6.4% CAGR (2026–2031), driven by automation, industrial IoT, and smart connected devices. The report cites MEMS advances and wireless/real-time monitoring. It also notes Honeywell’s 13MM cleanroom sensor (Sept 2025) and STMicroelectronics’ acquisition of NXP’s MEMS sensors business for up to $950 million (completed H1 2026).
How this was made
The 30-second read
Why it matters
The only tradable company-specific elements are (1) Honeywell’s cleanroom pressure sensor introduction and (2) STMicroelectronics’ acquisition of NXP’s MEMS sensors business; the rest is market-level narrative and projections.
Market read
Useful for mapping competitive strategy in MEMS pressure sensing, but lacks new financial guidance, order data, or valuation-relevant metrics for immediate trading decisions.
What to watch
The article emphasizes technology and deals but omits competitive pricing dynamics, customer qualification timelines, and any quantified revenue/synergy impact from the acquisitions.
Background
PRNewswire piece citing a Wissen Research market study for global pressure sensors (2025–2031) and summarizing industry drivers, challenges, and selected strategic developments.
Ticker impact
Honeywell introduced a new 13MM pressure sensor for cleanrooms, targeting high-accuracy, low-drift performance and SEMI F20 compliance.
Low near-term impact; any effect likely gradual via customer adoption rather than immediate repricing.
The article provides no financial guidance, order volume, or market-share data—only a product introduction and compliance details.
STMicroelectronics acquired NXP’s MEMS sensors business (including pressure sensors) for up to $950M, completed in H1 2026.
Medium-term positive bias for ST’s sensors segment; magnitude uncertain without disclosed integration milestones or updated financials.
Deal size and strategic rationale are concrete, but the article lacks post-close performance, synergy targets, or updated guidance.
Market effects
Reinforces tailwinds for MEMS-based pressure sensors tied to industrial automation, EVs, IoT, and healthcare monitoring; highlights competitive focus on wafer-level packaging and integrated signal processing.
APAC flagged as fastest-growing on industrialization and auto/electronics production, potentially supporting demand for sensor supply chains in the region.
Supports a broad bullish narrative for pressure-sensing demand through 2031, but provides no company-specific demand forecasts beyond the cited transactions.
Counterpoint
Market growth projections may be generic/consulting-style and not translate into near-term earnings upside for specific suppliers; pricing pressure and qualification cycles can offset volume gains.
Key entities
- companyHoneywell International
Introduced a new 13MM pressure sensor for cleanroom environments with high accuracy/minimal drift and SEMI F20 compliance.
- companySTMicroelectronics
Acquired NXP’s MEMS sensors business (including pressure sensors) for up to $950M, completed in H1 2026.
- companyNXP Semiconductors
Seller of the MEMS sensors business acquired by ST; the article cites ~US$300M 2024 revenue for the MEMS business.
