Report

The MEA Pressure Sensors Market size is estimated at USD 1.41 billion in 2025, and is expected to reach USD 2.03 billion by 2030, at a CAGR of 7.67% during the forecast period (2025-2030).

Key Highlights
- Digitization has fueled the adoption of automation in the oil and gas industry in the region, thus driving the market for pressure sensors. The growing number of private hospitals and foreign players' increasing investments in the healthcare sector are helping boost the African IT healthcare industry. Fluctuating economic condition has driven the demand for low-cost medical equipment, thus creating a massive opportunity for pressure sensor vendors in the region.
- Moreover, increasing instances of government initiatives, like the Nigerian Automotive Industry Development Plan, augment the automotive manufacturing activity across Africa. This is developing the market for pressure sensors in the region too.
- The demand for pressure sensors is expected to be driven by government initiatives inclined toward public infrastructure (such as smart cities and smart buildings) rather than manufacturing facilities. For instance, in line with the Saudi 2030 vision, the Kingdom of Saudi Arabia is set to become a digital economy pioneer by deploying emerging technologies, such as IoT, IIoT, AI, and robotics, across public and private sectors.
- Other such kinds of programs launched by the government are Saudi Arabia's National Industrial Development and Logistics Program (NIDLP), the UAE's strategy for the fourth industrial revolution, and Oman's Industrial Strategy 2040. These plans aim to make each country's manufacturing, mining, energy, and logistics sectors solid and agile enough to flourish in an increasingly competitive world economy.
- The outbreak of COVID-19 has influenced the automotive and manufacturing industries significantly throughout 2020 to 2021. The manufacturing industry shrunk substantially due to the pandemic as the industry faced unprecedented challenges in the supply chain and procurement of raw materials, which resulted in significant losses for manufacturers. Governments deemed few industries, such as food & beverage and pharmaceutical, essential. However, in post-pandemic, prominent share of the manufacturers faced shutdown for weeks, and currently, after the re-opening, they are facing declined demands, investments in workforce safety, supply chain challenges, and due to reduced demands, production plants are either running at half the capacity or shutdown.
- Further, the initial investment required for advanced pressure sensors can be significant, which may deter smaller companies or those in developing regions from adopting these technologies. High costs can limit market penetration, especially in price-sensitive industries such as manufacturing and healthcare.


MEA Pressure Sensors Market Trends

Oil and Gas is Expected to Witness Significant Growth


- The Middle Eastern region is home to countries that produce and export a prominent share of crude oil globally. Owing to this, the region commands significant demand for pressure sensors which are used for a wide range of applications. For instance, during the second wave of the pandemic, the number of oil & gas rigs in the Middle East stood at 275, including offshore and land, which is the second-highest in the world, according to Baker Hughes.
- The region continuously witnesses the discovery of new oil and gas wells while old and underutilized ones are being rejuvenated. For instance, the government-owned Abu Dhabi National Oil Co. recently announced a significant rig fleet expansion program that is expected to add dozens of rigs by 2025.
- According to the Organization of the Petroleum Exporting Countries, Saudi Arabia possesses around 17% of the world's proven petroleum reserves. The oil & gas industry accounted for about 50% of gross domestic product and about 70% of export earnings. The significant presence of the oil & gas industry in the country has contributed to the growth of the market in the region.
- The presence of a large-scale oil & gas industry has resulted in a sizeable market for digital transformation in manufacturing in the region. Recently Ericsson has announced to commence the commercial operation of 5G with operators in the UAE, Saudi Arabia, and Qatar. Industry Revolution 4.0 has been one of the most significant trends in the region. Along with the rapidly growing 5G infrastructure, the growth for digital transformation is expected to grow significantly in the forecast period, further driving the studied market.
- In summary, the MEA pressure sensors market is significantly influenced by the oil and gas industry, characterized by strong growth driven by technological advancements and increasing demand for efficient monitoring solutions. However, challenges related to costs and regulatory compliance remain critical considerations for stakeholders in this sector.


United Arab Emirates to Hold the Highest Market Share


- The Gulf region has adopted solar power to meet some of its energy needs. Various projects are underway across the region, including the United Arab Emirates, which further increase the application of pressure sensors in the energy and power sector. Moreover, The United Arab Emirates plans to increase its power-generation capacity by around 21 GW, and its solar capacity is anticipated to constitute 26.1% of the total additional generation capacity.
- According to Energy Institute, in 2023, the United Arab Emirates produced over 3.9 million barrels of oil daily, an increase of 0.3 million barrels of oil/day when compared to 2021. Also, UAE Government is focused on doubling the contribution of industrial manufacturing to the UAE's GDP to 25%, as highlighted in Vision 2021, Dubai Industrial Strategy 2030, and Abu Dhabi Economic Vision 2030. Operation 300bn is a government strategy launched in 2021 that aims to develop the UAE's industrial sector and enhance its role in stimulating the national economy. It aims to raise the industrial sector's contribution to the GDP from AED 133 billion to AED 300 billion by 2031.
- Moreover, Abu Dhabi National Oil Company (Adnoc) recently set a new methane emissions target for its upstream unit in line with its efforts to reduce its overall greenhouse gas emissions. The company has set a methane intensity target of 0.15% for its upstream operations by 2025.
- Moreover, recently, DP World UAE announced an agreement with multinational firms to build two new food processing units in Dubai. DP World UAE's Food and Agriculture Terminal at the Jebel Ali Port has positioned Dubai as a critical gateway for global trade in the F&B sector. In summary, the UAE pressure sensors market is on a growth trajectory, driven by strong demand from the automotive and oil and gas sectors, along with technological advancements that enhance sensor capabilities. However, challenges related to costs and regulatory compliance must be addressed to sustain this growth.


MEA Pressure Sensors Industry Overview

The Middle East and African Pressure Sensor market is moderately fragmented and competitive and consists of significant players. In terms of market share, few of the major players currently dominate the market. However, with innovative and sustainable packaging, many companies are increasing their market presence by securing new contracts and tapping new markets. Major players in the market comprises of ABB Ltd., All Sensors Corporation, Bosch Sensortec GmbH, and others.

In summary, the MEA pressure sensors market is on a robust growth path, driven by strong demand from the oil and gas sector, increasing applications in renewable energy, and technological advancements that enhance sensor capabilities. However, challenges related to costs and regulatory compliance must be addressed to sustain this growth trajectory.

Additional Benefits:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support