Pressure transmitters are devices that are used to measure the pressure and flow rate of fluids and gases. These are mainly used in industrial machinery to monitor the pressure levels. These devices help in preventing any accidents that might occur due to high pressure. These devices alert/warn the users about the increase in pressure. Pressure transmitters are devices used to measure the pressure of gases and liquids. They are used in industrial machinery to calculate the pressure and issue a warning if there is a sudden increase in pressure, which could lead to a catastrophe. There are three types of pressure transmitters, out of which differential pressure transmitters dominate in terms of revenue. Multivariable transmitters experience a higher growth due to the functional capabilities provided by these models. Multivariable transmitters help end-users avoid the use of an additional computer to calculate the flowrates.
Technavio’s analysts forecast the global pressure transmitters market to grow at a CAGR of 5.53% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global pressure transmitters market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Pressure Transmitters Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - ABB - Emerson - Siemens - Yokogawa
Other prominent vendors - Anderson-Negele - Ashdown Control - Azbil (Yamatake) - Endress+Hauser - Fuji Electric - Honeywell - Keller - Schneider Electric - Toshniwal Industries - WIKA
Market driver - Growing popularity of pressure transmitters due to pressure equipment accidents. - For a full, detailed list, view our report
Market challenge - Emergence of alternative pressure transmitter technology. - For a full, detailed list, view our report
Market trend - Increasing adoption of technology in pressure transmitters. - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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