Pressure Switch Market Size to Reach $3.51 Billion by 2030, Driven by Steady 4.6% CAGR – Report by MarketsandMarkets™
/EIN News/ -- Delray Beach, FL, May 01, 2025 (GLOBE NEWSWIRE) -- Pressure Switch Market size is projected to grow from USD 2.80 billion in 2025 to USD 3.51 billion by 2030, at a CAGR of 4.6% according to a new report by MarketsandMarkets™. New revenue streams are being created in the global Pressure Switch Market by emerging industries and technological innovations. The renewable energy industry, especially wind and solar power, is fueling demand for high-precision pressure monitoring solutions. The electric vehicle (EV) industry also offers growth prospects, as pressure switches are critical for battery cooling and hydraulic braking systems. The smart manufacturing and industrial automation segments are embracing IoT-capable pressure switches for real-time monitoring. Additionally, growing oil & gas exploration activities in Africa and Latin America and strict safety measures in food & beverages and pharma are driving market growth.
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Scope of the Report
| Report Metric | Details |
| Pressure Switch Market Size Values |
|
| Base Year | 2024 |
| Forecast Period | 2025–2030 |
| Forecast Unit | Value (USD Billion) |
| Segments Covered | Pressure Switch Market by type, pressure range, application, end–user industry, and region. |
| Geographic Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa and South America |
The safety & alarm systems segment is the third largest in the global Pressure Switch Market based on the increasing focus on workplace safety regulations and industrial hazard prevention. Oil & gas, manufacturing, power generation, and chemicals industries depend on pressure switches for leak detection, overpressure protection, and emergency shutdown mechanisms. Moreover, rigorous regulatory structures such as OSHA (Occupational Safety and Health Administration) and IEC (International Electrotechnical Commission) guidelines necessitate the installation of cutting-edge safety systems. The rising use of automated safety controls in industrial automation and smart manufacturing facilities further drive this segment's market expansion.
The Above 400 bars segment represents the third-largest market share within the global Pressure Switch Market owing to its decisive position in high-pressure applications within industries like oil & gas, aerospace, and heavy industrial equipment. These pressure switches are needed for hydraulic systems, high-pressure pumps, and deep-sea drilling operations where severe pressure conditions require robust and reliable monitoring equipment. Also, growing use of high-end hydraulic machines and ultra-high-pressure industrial operations has driven the demand. High safety and performance standards, especially in energy, defense, and high-pressure test applications, further support this segment's large market share.
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Regional Analysis
Europe holds the third largest market share in the global Pressure Switch Market based on its robust industrial sector, sophisticated manufacturing industry, and high regulatory standards. The well-developed automotive, aerospace, and energy sectors of the region generate high demand for high-performance pressure switches for use in hydraulic systems, safety monitoring, and industrial automation applications. Furthermore, EU legislations on working conditions and power efficiency require applications of dependable pressure monitoring solutions to further drive growth in the market. Growth from expanding renewable power projects and building smart infrastructure is also driving demand higher, pushing Europe to lead the global market for pressure switches.
Key Players
Major players in the global Pressure Switch Market, including ABB (Switzerland), Eaton (Ireland), Danfoss (Denmark), and PARKER HANNIFIN CORP (US), are major drivers of innovation and technological development.
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