The global pressure transmitter market reached a value of US$ 2.9 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 3.7 Billion by 2027, exhibiting a CAGR of 4.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A pressure transmitter is a sensor that regulates the compression applied over a liquid, fluid or gas. The device measures rapid changes in pressure, which are converted into mechanical energy and electric current. It also consists of an electronic amplifier and a pressure transducer to accurately transmit the current. These transmitters are commonly used in combination with other devices to measure depth, water flow, altitude and pressure loss to prevent any leakages in the industrial equipments. They are immune to radiation and electromagnetic fields, owing to which, they find extensive applications across various industry sectors such as chemical, oil and gas, power generation, food & beverages, metals & mining, etc.
The emerging trend of automation for industrial optimization is one of the key factors driving the growth of the market. The integration of digital communication interfaces, which offer remote calibration and diagnostics, is rapidly replacing traditionally used analog pressure transmitters. Besides being increasingly utilized in industrial machinery, these transmitters also find extensive application in consumer electronics for indoor navigation and creating an overall user-friendly interface, among other purposes. Additionally, the continuously rising healthcare sector is also favoring the market growth. Pressure transmitters are used to transmit blood pressure information from the catheter to the patient’s monitoring system. Also, steam sterilizers used in hospitals utilize these transmitters to regulate the quality of steam produced by maintaining the pressure inside the sterilization chamber. Other factors, such as increasing investments in the energy industry, coupled with the enhanced adoption of technologically advanced variants for reducing human errors, are projected to drive the market in the upcoming years.
This latest report provides a deep insight into the global pressure transmitter market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the pressure transmitter market in any manner.
Key Market Segmentation: the analyst provides an analysis of the key trends in each sub-segment of the global pressure transmitter market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, sensing technology, fluid type, application and end-use industry.
Breakup by Sensing Technology: Strain Gauge Capacitive Piezoelectric Others
Breakup by Fluid Type: Liquid Steam Gas
Breakup by Application: Flow Level Pressure
Breakup by End-Use Industry: Oil & Gas Power Generation Water & Wastewater Food & Beverages Chemicals Metals & Mining Pulp & Paper Pharmaceuticals Others
Breakup by Region: Asia Pacific China Japan India South Korea Australia Indonesia Others North America United States Canada Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Argentina Colombia Chile Peru Others Middle East and Africa Turkey Saudi Arabia Iran United Arab Emirates Others
Competitive Landscape: The competitive landscape of the industry has also been examined with some of the key players being ABB Ltd., Dwyer Instruments Inc., Emerson Electric Co., Endress+Hauser Consult AG, General Electric Co., Honeywell International Inc., Sensata Technologies Inc., SensorONE Ltd., Siemens AG, Yokogawa Electric Corporation, etc.
Key Questions Answered in This Report 1. What was the global pressure transmitter market size in 2021? 2. What will be the global pressure transmitter market outlook during the forecast period (2022-2027)? 3. What are the global pressure transmitter market drivers? 4. What are the major trends in the global pressure transmitter market? 5. What is the impact of COVID-19 on the global pressure transmitter market? 6. What is the global pressure transmitter market breakup by type? 7. What is the global pressure transmitter market breakup by sensing technology? 8. What is the global pressure transmitter market breakup by fluid type? 9. What is the global pressure transmitter market breakup by application? 10. What is the global pressure transmitter market breakup by end use industry? 11. What are the major regions in the global pressure transmitter market?
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