Middle East & Africa Pressure Sensor Market Size & Outlook
Middle East & Africa pressure sensor market, 2017-2030 (US$M)
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MEA pressure sensor market highlights
- The MEA pressure sensor market generated a revenue of USD 1,283.5 million in 2023.
- The market is expected to grow at a CAGR of 2.4% from 2024 to 2030.
- In terms of segment, absolute pressure sensor was the largest revenue generating product in 2023.
- Differential Pressure Sensor is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,283.5 million |
| Market revenue in 2030 | USD 1,519.0 million |
| Growth rate | 2.4% (CAGR from 2023 to 2030) |
| Largest segment | Absolute pressure sensor |
| Fastest growing segment | Differential Pressure Sensor |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Absolute Pressure Sensor, Differential Pressure Sensor, Gauge Pressure Sensor |
| Key market players worldwide | Nemoto & Co., Robert Bosch Engineering & Business Solutions, ABB Ltd, Siemens AG, GFG Alliance, AlphaSense, City Technology Ltd., Dynament, Figaro |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.5% of the global pressure sensor market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,183.0 million by 2030.
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Pressure Sensor Market Scope
Pressure Sensor Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa pressure sensor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pressure sensor market will help companies and investors design strategic landscapes.
Absolute pressure sensor was the largest segment with a revenue share of 39.58% in 2023. Horizon Databook has segmented the Middle East & Africa pressure sensor market based on absolute pressure sensor, differential pressure sensor, gauge pressure sensor covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of Middle East & Africa pressure sensor market databook
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Our clientele includes a mix of pressure sensor market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa pressure sensor market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa pressure sensor market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA pressure sensor market size, by country, 2017-2030 (US$M)
Middle East & Africa Pressure Sensor Market Outlook Share, 2023 & 2030 (US$M)
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