Market Overview:
The global wireless pressure transmitter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wireless pressure transmitters in various industries such as petroleum & chemical, metallurgical, and power industries. In addition, the growing demand for these transmitters in emerging economies is also contributing to the growth of this market. Based on type, the global wireless pressure transmitter market can be segmented into diffusion silicon pressure transmitter, sapphire pressure transmitter, and others. The diffusion silicon pressure transmitter segment is expected to account for a major share of the global wireless pressure transmitter market during the forecast period owing to its low cost and high accuracy.
Product Definition:
A wireless pressure transmitter is a device that measures and communicates pressure readings wirelessly. They are used in many industries to measure everything from air pressure to water pressure. Wireless pressure transmitters are often used in conjunction with other devices, such as an electronic flowmeter, to provide a complete fluid management system.
Diffusion Silicon Pressure Transmitter:
Diffusion silicon pressure transmitter is a device used to measure the flow of liquids and gases in ducts or pipes. It works on the principle of diffusion through which, it measures the rate at which molecules move from a high concentration area to low concentration area. Silicon wafers are used as carriers for transporting liquid or gas molecules and they act as sensors by measuring molecular movement across their surface.
Sapphire Pressure Transmitter:
Sapphire pressure transmitter is a device used to measure the transmitted pressure. It consists of two parts namely transducer and transmitter. Transducer converts applied pressure into electrical signals which are then amplified by transmitter and sent over wireless medium to measuring instrument.
Application Insights:
The market is segmented on the basis of application into petroleum & chemical industry, metallurgical industry, power industry and others. The power industry segment held the largest share in 2017. Wireless pressure transmitters are used for monitoring and controlling pressure in various processes such as natural gas compression, oil refining, etc. These devices help reduce human errors during high-pressure process control by providing real-time data transmission with a few simple clicks.
Petroleum & chemical industries use wireless pressure transmitters to monitor and adjust pressures during crude oil processing such as production rates or separator performance tests along with other processes such as refinery maintenance or startup operations of new plants across the globe to ensure efficient operations at all times without any accidents or incidents that may lead to system failure or downtime which can potentially result in financial losses for companies operating these units thus impacting its demand globally over the forecast period.
Regional Analysis:
Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-users such as chemical, petroleum, power, and others. In addition, rising investments by governments in developing countries are anticipated to fuel industry expansion. For instance, China’s 13th Five Year Plan (2016 – 2020) has envisaged heavy investments in infrastructure development which is likely to boost product demand across various applications including water conservancy and power generation industries.
North America regional market also held a significant share of global revenue due to high penetration rates of wireless pressure transmitters across major end-user industries such as oil & gas industry and water treatment facilities coupled with stringent government regulations regarding industrial safety standards that have driven product adoption rate significantly higher than other regions across this region over the past few years.
Growth Factors:
- Increasing demand for wireless pressure transmitters in process industries for accurate and reliable pressure measurement
- Growing popularity of smart sensors and IIoT across various industrial sectors
- Proliferation of wireless communication technologies such as Bluetooth, Wi-Fi, and ZigBee
- Rising investments in oil & gas sector to explore new reserves and increase production capacity
- Technological advancements that are resulting in the development of more advanced pressure transmitters
Scope Of The Report
Report Attributes
Report Details
Report Title
Wireless Pressure Transmitter Market Research Report
By Type
Diffusion Silicon Pressure Transmitter, Sapphire Pressure Transmitter, Others
By Application
Petroleum & Chemical Industry, Metallurgical Industry, Power Industry, Others
By Companies
Emerson, ABB, Honeywell, Yokogawa, Transducers Direct, TE Connectivity, ESI Technology Ltd, Spectris (Omega Engineering), JUMO Process Control, Inc., OleumTech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Wireless Pressure Transmitter Market Report Segments:
The global Wireless Pressure Transmitter market is segmented on the basis of:
Types
Diffusion Silicon Pressure Transmitter, Sapphire Pressure Transmitter, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Petroleum & Chemical Industry, Metallurgical Industry, Power Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Emerson
- ABB
- Honeywell
- Yokogawa
- Transducers Direct
- TE Connectivity
- ESI Technology Ltd
- Spectris (Omega Engineering)
- JUMO Process Control, Inc.
- OleumTech
Highlights of The Wireless Pressure Transmitter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diffusion Silicon Pressure Transmitter
- Sapphire Pressure Transmitter
- Others
- By Application:
- Petroleum & Chemical Industry
- Metallurgical Industry
- Power Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wireless Pressure Transmitter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A wireless pressure transmitter is a device that measures the pressure inside a sealed container or pipe. It sends the data to a receiver, which displays it on an LCD screen or prints it out.
Some of the major companies in the wireless pressure transmitter market are Emerson, ABB, Honeywell, Yokogawa, Transducers Direct, TE Con​​nectivity, ESI Technology Ltd, Spectris (Omega Engineering), JUMO Process Control, Inc., OleumTech.
The wireless pressure transmitter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wireless Pressure Transmitter Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Wireless Pressure Transmitter Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wireless Pressure Transmitter Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Wireless Pressure Transmitter Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Wireless Pressure Transmitter Market Size & Forecast, 2020-2028 4.5.1 Wireless Pressure Transmitter Market Size and Y-o-Y Growth 4.5.2 Wireless Pressure Transmitter Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Diffusion Silicon Pressure Transmitter
5.2.2 Sapphire Pressure Transmitter
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Petroleum & Chemical Industry
6.2.2 Metallurgical Industry
6.2.3 Power Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wireless Pressure Transmitter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wireless Pressure Transmitter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Diffusion Silicon Pressure Transmitter
9.6.2 Sapphire Pressure Transmitter
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Petroleum & Chemical Industry
9.10.2 Metallurgical Industry
9.10.3 Power Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Diffusion Silicon Pressure Transmitter
10.6.2 Sapphire Pressure Transmitter
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Petroleum & Chemical Industry
10.10.2 Metallurgical Industry
10.10.3 Power Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Diffusion Silicon Pressure Transmitter
11.6.2 Sapphire Pressure Transmitter
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Petroleum & Chemical Industry
11.10.2 Metallurgical Industry
11.10.3 Power Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Diffusion Silicon Pressure Transmitter
12.6.2 Sapphire Pressure Transmitter
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Petroleum & Chemical Industry
12.10.2 Metallurgical Industry
12.10.3 Power Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Diffusion Silicon Pressure Transmitter
13.6.2 Sapphire Pressure Transmitter
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Petroleum & Chemical Industry
13.10.2 Metallurgical Industry
13.10.3 Power Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wireless Pressure Transmitter Market: Competitive Dashboard
14.2 Global Wireless Pressure Transmitter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson
14.3.2 ABB
14.3.3 Honeywell
14.3.4 Yokogawa
14.3.5 Transducers Direct
14.3.6 TE Connectivity
14.3.7 ESI Technology Ltd
14.3.8 Spectris (Omega Engineering)
14.3.9 JUMO Process Control, Inc.
14.3.10 OleumTech