Nordic Countries Pressure Sensor Market Size & Outlook

The pressure sensor market in Nordic Countries is expected to reach a projected revenue of US$ 896.1 million by 2030. A compound annual growth rate of 4.2% is expected of Nordic Countries pressure sensor market from 2024 to 2030.

Revenue, 2023 (US$M)
$671.5
Forecast, 2030 (US$M)
$896.1
CAGR, 2024 - 2030
4.2%
Report Coverage
Nordic Countries

Nordic Countries pressure sensor market highlights

  • The Nordic Countries pressure sensor market generated a revenue of USD 671.5 million in 2023 and is expected to reach USD 896.1 million by 2030.
  • The Nordic Countries market is expected to grow at a CAGR of 4.2% 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.


Pressure sensor market data book summary

Market revenue in 2023USD 671.5 million
Market revenue in 2030USD 896.1 million
Growth rate4.2% (CAGR from 2023 to 2030)
Largest segmentAbsolute pressure sensor
Fastest growing segmentDifferential Pressure Sensor
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAbsolute Pressure Sensor, Differential Pressure Sensor, Gauge Pressure Sensor
Key market players worldwideNemoto & 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, Nordic Countries accounted for 3.4% of the global pressure sensor market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany pressure sensor market is projected to lead the regional market in terms of revenue in 2030.
  • Russia is the fastest growing regional market in Europe and is projected to reach USD 732.0 million by 2030.

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Pressure Sensor Market Companies

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Nordic Countries 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 44.33% in 2023. Horizon Databook has segmented the Nordic Countries 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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Horizon Databook provides a detailed overview of country-level data and insights on the Nordic Countries pressure sensor market , including forecasts for subscribers. This country databook contains high-level insights into Nordic Countries pressure sensor market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Nordic Countries pressure sensor market size, by product, 2017-2030 (US$M)

Nordic Countries Pressure Sensor Market Outlook Share, 2023 & 2030 (US$M)

Nordic Countries pressure sensor market size, by product, 2017-2030 (US$M)

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