Which Drivers Underpin MEMS Pressure Sensor Industry Expansion?
Increasing demand for MEMS Pressure Sensors from the automotive industry to enhance reliability, reduce cost and improve performance is the key factor driving the growth of MEMS global pressure sensor market during the forecast period. Furthermore, continuous focus on factory automation, rapid development in industrial IoT solutions and improved sensing approach for monitoring & control applications are the factors accelerating the demand for MEMS pressure sensors in the industrial manufacturing sector.
Also, the increasing demand for disposable pressure sensors and continuous innovation in MEMS-enabled medical applications are expected to positively impact the growth of the global MEMS pressure sensor market in medical space.