Absolute Pressure Sensor Market Outlook - 2027

Absolute pressure sensor is a type of sensor used for absolute measurement of air or gas pressure by measuring target pressure relative to known pressure of an absolute vacuum. These sensors are largely used in the automobile sector to measure biometric pressure and inform powertrain control module about the engine load. The information given to powertrain control module is used to maintain & adjust fuel enrichment and ignition timing under different operating conditions. 

Absolute pressure sensors provide instantaneous information about absolute pressure to the powertrain control unit. In addition, these are used in the food & beverages sector for highest level of vacuum packaging to prevent oxygen from degrading perishable food, thereby extending product flavor and shelf life. They have high resolution to measure low pressure accurately and are power-efficient, which enhances product quality standards. 

Market Scope and Structure Analysis:

COVID-19 IMPACT ANALYSIS:

• The ongoing COVID-19 pandemic is unsettling for people as well as organizations and business firms worldwide. With the shutdown of manufacturing operations and travel and transportation ban worldwide, demand for pressure sensors has also plunged. The exact measure of the scale and scope of the challenge cannot be anticipated yet.
• In response to the COVID-19 scenario, the absolute pressure sensors market is expected to undergo temporary shortfall, owing to shutdown of operations of industries, manufacturing units, and ban on the transportation sector globally. There is a demand lapse accompanied by halt in production disrupting the already strained supply chain. Contrarily, the market is expected to make fast rebound, owing to the rise in demand for pressure sensors incorporated devices in healthcare and emergency services to combat the virus outbreak.
• Robotics and machine vision incorporating wireless pressure sensors help to inspect, identify, recognize, diagnose, and provide assistance in treating COVID-19 patients. Robots are being deployed at medical service facilities to treat patients and bring supplies with a view to minimize human to human contact.  

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Rise in need of error free engine functionality to manufacture more secure vehicles is the major factor that drives the absolute pressure sensor market growth. However, slight complications and difficulty faced while tuning engine with absolute pressure sensors restrains the absolute pressure sensor market growth.

On the other hand, growth in use of these devices for vacuum packaging of medical products in a clean environment to ensure bacteria-free delivery to hospitals in the healthcare sector further boosts the absolute pressure sensor market share. Rapid level of industrialization followed by introduction of advanced sensor technology is expected to pave new avenues to the absolute pressure sensor industry.

New Product Launches to Flourish the Market

Leading market players are adopting necessary steps to improve design, production, and quality control processes with a view to enhance accuracy of absolute pressure sensors, which presents innovative power-to-system solutions for applications that are set to power the world.

In April 2020, Amphenol Advanced sensors, a leading innovator in advanced sensing technologies launched NPB-101 Digital output absolute pressure sensor that provides low power consumption and compact size making it ideal for battery-powered and mobile applications. The NPB-101 sensor incorporates MEMS pressure sensor along with signal-conditioning IC to provide accurate pressure measurement from 260mBar to 1260mBar. This absolute pressure sensor not only compensates and calibrates pressure elements but also provides corrected temperature output using an internal sensor. 

NPB-101 features digital compensation of signal offset, sensitivity, temperature, and non-linearity. NPB-101 pressure sensor calibration coefficients are stored on-chip in highly reliable, non-volatile, and Multiple-Time Programmable (MTP) memory. Absolute pressure sensor comprises miniature 2.0mm x 2.5mm x 1.0mm HCLGA package with operating temperature ranging from -40°C to 85°C. The device is used for thermal runaway detection, indoor and outdoor GPS navigation purposes, altimeter and barometer for portable devices, and weather station equipment.

Surge in Use of Industrial Sensors in Automotive and Industrial Applications

Absolute pressure sensors are primarily used in innumerable automobile applications such as detecting early faults in hydraulic brakes, optimizing fuel mix in engines to match air pressure, cleaning exhaust filters automatically, and detecting leaking vapors.

In June 2019, SMI Microelectronics, a global developer and manufacturer of pressure sensors, introduced SM923X Series of Ultra-low-pressure sensor systems. It features industry-leading output accuracy and long-term stability by combination of MEMS pressure transducers with signal-conditioning IC in single package. SM923X series is a compact solution providing improved system efficiency over conventional bulky, costly devices. The overall accuracy error is less than 1% full scale and 16bit resolution enables to resolve signals as small as 0.0038Pa. SM923X sensors fully calibrated and  digital I2C interface allows easy system integration. In addition, it integrates high order noise filtering and extremely low EMI susceptibility. Small SO16 package with dual vertical port allows easy system integration while MEMS sensor is robust with high burst pressure. This series of pressure sensor is used for accurate pressure sensing in industrial control systems such as pressure switches, and pneumatic valves to measure gas pressure in vacuum pumps.

Key segments covered:

Key benefits of the stakeholders:

• The study gives an analytical overview of the absolute pressure sensor market forecast with current trends and future estimations to determine imminent investment pockets.
• The report provides information related to key drivers, restraints, and opportunities along with detailed absolute pressure sensor market analysis.
• The current absolute pressure sensor market trends are quantitatively analyzed from 2021 to 2027.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the absolute pressure sensor market. 

Questions answered in the absolute pressure sensors market research report:

• Who are the leading market players active in the absolute pressure sensors market?
• What would be the detailed impact of COVID-19 on the market?
• What current trends would influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the absolute pressure sensors market?
• What are the projections for the future that would help in taking further strategic steps?