Market Overview:
The global digital pressure gauges 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 digital pressure gauges in various industries such as power, chemical/petrochemical, metallurgical and measurement. In addition, the growing demand for military machinery is also contributing to the growth of this market.
Product Definition:
A digital pressure gauge is a device that measures the pressure of a fluid or gas in an enclosed system. The device typically has a display screen that shows the pressure reading in either pounds per square inch (psi), kilograms per square centimeter (kg/cm²), or bar units. Digital pressure gauges are used to measure the air pressure in tires, the water pressure in plumbing systems, and the gas pressure in heating and cooling systems. They can also be used to measure the air or fluid flow rate through valves or pipes.
±0.5% of span:
0.5% of span is equal to 0.05 bar and is used in digital pressure gauges for measuring low or high pressure. It can measure pressures up to 100,000 psi (7 atm) and has a range between 0-10-5 torr and 10-3 lb/in2 as standard temperature and pressure (STP).
±0.25% of span:
The ±0.25% of span is a unit used to measure the accuracy of pressure gauges and it's equivalent inSI units is called the Pascal. One pascal (Pa) is equal to 0.00245 kg/m2 or 0.00064 PSI. The normal range for pressure gauge operation is from zero to its critical Mercator value which has a coefficient of determination (rms) value between 1% and 5%.
Application Insights:
In terms of application, the global market has been classified into power industry, chemical/petrochemical industry, metallurgical industry, measurement and military machinery. The power industry segment dominated the overall market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing demand for electricity from developing economies such as China India and Brazil.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing government spending on infrastructure development and rising energy demand in emerging economies such as India, China, and Japan. In addition, the growing manufacturing sector is likely to propel product adoption across various end-use industries such as automotive and power generation.
North America accounted for a significant share of revenue in 2017 owing to early technology adoption by major industry participants coupled with high disposable income of consumers. Moreover, presence of key manufacturers including Honeywell International Inc.; Emerson Electric Co.; Danaher; General Electric; Johnson Controls Inc.; National Instruments Corporation; Yokogawa Corporation has contributed significantly towards regional market growth over the past few years.
Growth Factors:
- Increasing demand for digital pressure gauges in the automotive and aerospace industries due to their accuracy and reliability.
- Growing popularity of smart sensors and the internet of things (IoT) that are used to collect data from various devices for analysis is expected to drive the growth of the digital pressure gauges market.
- Rising demand for miniaturized pressure sensors in portable electronics devices such as smartphones, tablets, and laptops is also anticipated to boost the market growth over the forecast period.
- Increasing investments by leading players in research & development activities aimed at developing innovative products is likely to propel Digital Pressure Gauges market growth during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Pressure Gauges Market Research Report
By Type
±0.5% of span, ±0.25% of span, ±0.1% of span, ±0.05% of span, ±0.02% of span
By Application
Power Industry, Chemical/Petrochemical Industry, Metallurgical industry, Measurement, Military machinery, Others
By Companies
OMEGA, AMETEK, NOSHOK, KELLER, Fluke, Honeywell, Additel, Winters, Meriam, WIKA, GE, BD|SENSORS, Absolute, Microwatt, American Sensor, Tecsis, APG, STAUFF, ADARSH, Const, Creat Wit, Anson, Yingyu, Beijing Brighty
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Digital Pressure Gauges Market Report Segments:
The global Digital Pressure Gauges market is segmented on the basis of:
Types
±0.5% of span, ±0.25% of span, ±0.1% of span, ±0.05% of span, ±0.02% of span
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
Power Industry, Chemical/Petrochemical Industry, Metallurgical industry, Measurement, Military machinery, 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:
- OMEGA
- AMETEK
- NOSHOK
- KELLER
- Fluke
- Honeywell
- Additel
- Winters
- Meriam
- WIKA
- GE
- BD|SENSORS
- Absolute
- Microwatt
- American Sensor
- Tecsis
- APG
- STAUFF
- ADARSH
- Const
- Creat Wit
- Anson
- Yingyu
- Beijing Brighty
Highlights of The Digital Pressure Gauges 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:
- ±0.5% of span
- ±0.25% of span
- ±0.1% of span
- ±0.05% of span
- ±0.02% of span
- By Application:
- Power Industry
- Chemical/Petrochemical Industry
- Metallurgical industry
- Measurement
- Military machinery
- 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 Digital Pressure Gauges 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?
Digital pressure gauges are a type of instrument that measure the pressure in a fluid or gas. They can be used to monitor processes such as fermentation, distillation, and chemical reactions.
Some of the major players in the digital pressure gauges market are OMEGA, AMETEK, NOSHOK, KELLER, Fluke, Honeywell, Additel, Winters, Meriam, WIKA, GE, BD|SENSORS, Absolute, Microwatt, American Sensor, Tecsis, APG, STAUFF, ADARSH, Const, Creat Wit, Anson, Yingyu, Beijing Brighty.
The digital pressure gauges market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Digital Pressure Gauges Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Digital Pressure Gauges Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Digital Pressure Gauges Market - Supply Chain
4.5. Global Digital Pressure Gauges Market Forecast
4.5.1. Digital Pressure Gauges Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Digital Pressure Gauges Market Size (000 Units) and Y-o-Y Growth
4.5.3. Digital Pressure Gauges Market Absolute $ Opportunity
5. Global Digital Pressure Gauges Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Digital Pressure Gauges Market Size and Volume Forecast by Type
5.3.1. ±0.5% of span
5.3.2. ±0.25% of span
5.3.3. ±0.1% of span
5.3.4. ±0.05% of span
5.3.5. ±0.02% of span
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Digital Pressure Gauges Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Digital Pressure Gauges Market Size and Volume Forecast by Application
6.3.1. Power Industry
6.3.2. Chemical/Petrochemical Industry
6.3.3. Metallurgical industry
6.3.4. Measurement
6.3.5. Military machinery
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Digital Pressure Gauges Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Digital Pressure Gauges Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Digital Pressure Gauges Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Digital Pressure Gauges Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Digital Pressure Gauges Demand Share Forecast, 2019-2026
9. North America Digital Pressure Gauges Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Digital Pressure Gauges Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Digital Pressure Gauges Market Size and Volume Forecast by Application
9.4.1. Power Industry
9.4.2. Chemical/Petrochemical Industry
9.4.3. Metallurgical industry
9.4.4. Measurement
9.4.5. Military machinery
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Digital Pressure Gauges Market Size and Volume Forecast by Type
9.7.1. ±0.5% of span
9.7.2. ±0.25% of span
9.7.3. ±0.1% of span
9.7.4. ±0.05% of span
9.7.5. ±0.02% of span
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Digital Pressure Gauges Demand Share Forecast, 2019-2026
10. Latin America Digital Pressure Gauges Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Digital Pressure Gauges Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Digital Pressure Gauges Market Size and Volume Forecast by Application
10.4.1. Power Industry
10.4.2. Chemical/Petrochemical Industry
10.4.3. Metallurgical industry
10.4.4. Measurement
10.4.5. Military machinery
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Digital Pressure Gauges Market Size and Volume Forecast by Type
10.7.1. ±0.5% of span
10.7.2. ±0.25% of span
10.7.3. ±0.1% of span
10.7.4. ±0.05% of span
10.7.5. ±0.02% of span
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Digital Pressure Gauges Demand Share Forecast, 2019-2026
11. Europe Digital Pressure Gauges Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Digital Pressure Gauges Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Digital Pressure Gauges Market Size and Volume Forecast by Application
11.4.1. Power Industry
11.4.2. Chemical/Petrochemical Industry
11.4.3. Metallurgical industry
11.4.4. Measurement
11.4.5. Military machinery
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Digital Pressure Gauges Market Size and Volume Forcast by Type
11.7.1. ±0.5% of span
11.7.2. ±0.25% of span
11.7.3. ±0.1% of span
11.7.4. ±0.05% of span
11.7.5. ±0.02% of span
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Digital Pressure Gauges Demand Share, 2019-2026
12. Asia Pacific Digital Pressure Gauges Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Digital Pressure Gauges Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Digital Pressure Gauges Market Size and Volume Forecast by Application
12.4.1. Power Industry
12.4.2. Chemical/Petrochemical Industry
12.4.3. Metallurgical industry
12.4.4. Measurement
12.4.5. Military machinery
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Digital Pressure Gauges Market Size and Volume Forecast by Type
12.7.1. ±0.5% of span
12.7.2. ±0.25% of span
12.7.3. ±0.1% of span
12.7.4. ±0.05% of span
12.7.5. ±0.02% of span
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Digital Pressure Gauges Demand Share, 2019-2026
13. Middle East & Africa Digital Pressure Gauges Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Digital Pressure Gauges Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Digital Pressure Gauges Market Size and Volume Forecast by Application
13.4.1. Power Industry
13.4.2. Chemical/Petrochemical Industry
13.4.3. Metallurgical industry
13.4.4. Measurement
13.4.5. Military machinery
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Digital Pressure Gauges Market Size and Volume Forecast by Type
13.7.1. ±0.5% of span
13.7.2. ±0.25% of span
13.7.3. ±0.1% of span
13.7.4. ±0.05% of span
13.7.5. ±0.02% of span
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Digital Pressure Gauges Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Digital Pressure Gauges Market: Market Share Analysis
14.2. Digital Pressure Gauges Distributors and Customers
14.3. Digital Pressure Gauges Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. OMEGA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AMETEK
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NOSHOK
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KELLER
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fluke
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Honeywell
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Additel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Winters
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Meriam
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. WIKA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GE
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. BD|SENSORS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Absolute
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Microwatt
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. American Sensor
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Tecsis
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. APG
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. STAUFF
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. ADARSH
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Const
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
