Market Overview:
The global gas pressure switch market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for gas pressure switches from various end-use industries, such as oil industry, chemical industry, electric industry, and others. In addition, the growing demand for energy-efficient equipment is also contributing to the growth of this market.
Product Definition:
A gas pressure switch is a device used to control the flow of gas in a system. It is typically used to turn on or off an appliance or system based on the pressure of the gas in the system.
High Pressure Gas Pressure Switch:
High pressure gas pressure switch is a device that monitors and switches between high and low pressure gas supply. It’s major applications are in the oil & gas industry, petrochemical industry, power generation sector, paper making sector and food processing industries.
Medium Pressure Gas Pressure Switch:
The medium pressure gas pressure switch is a device that controls the flow of high-pressure gas in industrial processes. It is used to control the medium and low-pressure systems, which are used in various industries such as oil & gas, petrochemical, power generation and others. The product finds its application across various industries for controlling high-pressure systems such as boiler feed water or vent streams.
Application Insights:
The oil industry was the largest application segment in 2017 and will continue to be so over the forecast period. The growth of this segment is attributed to growing demand for crude oil from countries, such as China, India, and Brazil. In addition, increasing production of shale gas has led to a significant increase in gas pressure levels in this industry.
In terms of revenue as well as volume wise the electric industry is expected to grow at a considerable rate over the forecast period owing to its dependence on electricity generation from fossil fuels including coal and natural gas among others. Furthermore rising awareness about energy conservation through switching from conventional sources such as diesel generators will also boost product demand across various applications within this sector during future years.
Regional Analysis:
Asia Pacific dominated the global gas pressure switch market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of chemical and petrochemical plants, which are susceptible to pipeline accidents. Thus, it requires an effective control system for safety purposes that would allow quick response in case of emergency. Asia Pacific is also home to several oil & gas industries that require pressure switches for controlling high-pressure pipelines safely.
North America accounted for more than 20% share of the overall revenue in 2017 owing to increasing demand from electric power generation sector due to rising shale gas production coupled with low prices of electricity generated from shale gas as compared to other sources such as coal or natural gas liquids (LNG). Furthermore, growing oil & gas industry along with increasing offshore drilling activities will drive product demand over the next eight years.
Growth Factors:
- Increasing demand for gas-fired power plants
- Growing investments in natural gas infrastructure
- Rising demand from the chemical and petrochemical industries
- Proliferation of LNG (liquefied natural gas) as a transportation fuel
- Increased use of Gas Pressure Switches in vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Gas Pressure Switch Market Research Report
By Type
High Pressure Gas Pressure Switch, Medium Pressure Gas Pressure Switch, The Low Pressure Gas Pressure Switch
By Application
Oil Industry, Chemical Industry, Electric Industry, Other
By Companies
GEORGIN S.A., HK INSTRUMENTS, Kaustubha Udyog, METAL WORK, NUOVA FIMA, Univer Group, Valcom, AIR Logic, AirCom Pneumatic, Barksdale, Danfoss Industrial Automation, DANFOSS Refrigeration & Air Conditioning, DWYER
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Gas Pressure Switch Market Report Segments:
The global Gas Pressure Switch market is segmented on the basis of:
Types
High Pressure Gas Pressure Switch, Medium Pressure Gas Pressure Switch, The Low Pressure Gas Pressure Switch
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
Oil Industry, Chemical Industry, Electric Industry, Other
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:
- GEORGIN S.A.
- HK INSTRUMENTS
- Kaustubha Udyog
- METAL WORK
- NUOVA FIMA
- Univer Group
- Valcom
- AIR Logic
- AirCom Pneumatic
- Barksdale
- Danfoss Industrial Automation
- DANFOSS Refrigeration & Air Conditioning
- DWYER
Highlights of The Gas Pressure Switch 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:
- High Pressure Gas Pressure Switch
- Medium Pressure Gas Pressure Switch
- The Low Pressure Gas Pressure Switch
- By Application:
- Oil Industry
- Chemical Industry
- Electric Industry
- Other
- 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 Gas Pressure Switch 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 gas pressure switch is a safety device used to interrupt the flow of gas when the pressure in the line exceeds a certain level.
Some of the major players in the gas pressure switch market are GEORGIN S.A., HK INSTRUMENTS, Kaustubha Udyog, METAL WORK, NUOVA FIMA, Univer Group, Valcom, AIR Logic, AirCom Pneumatic, Barksdale, Danfoss Industrial Automation, DANFOSS Refrigeration & Air Conditioning, DWYER.
The gas pressure switch market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gas Pressure Switch 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. Gas Pressure Switch Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gas Pressure Switch Market - Supply Chain
4.5. Global Gas Pressure Switch Market Forecast
4.5.1. Gas Pressure Switch Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gas Pressure Switch Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gas Pressure Switch Market Absolute $ Opportunity
5. Global Gas Pressure Switch 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. Gas Pressure Switch Market Size and Volume Forecast by Type
5.3.1. High Pressure Gas Pressure Switch
5.3.2. Medium Pressure Gas Pressure Switch
5.3.3. The Low Pressure Gas Pressure Switch
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gas Pressure Switch 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. Gas Pressure Switch Market Size and Volume Forecast by Application
6.3.1. Oil Industry
6.3.2. Chemical Industry
6.3.3. Electric Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gas Pressure Switch 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. Gas Pressure Switch 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 Gas Pressure Switch 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. Gas Pressure Switch 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 Gas Pressure Switch Demand Share Forecast, 2019-2026
9. North America Gas Pressure Switch 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 Gas Pressure Switch 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 Gas Pressure Switch Market Size and Volume Forecast by Application
9.4.1. Oil Industry
9.4.2. Chemical Industry
9.4.3. Electric Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gas Pressure Switch Market Size and Volume Forecast by Type
9.7.1. High Pressure Gas Pressure Switch
9.7.2. Medium Pressure Gas Pressure Switch
9.7.3. The Low Pressure Gas Pressure Switch
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 Gas Pressure Switch Demand Share Forecast, 2019-2026
10. Latin America Gas Pressure Switch 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 Gas Pressure Switch 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 Gas Pressure Switch Market Size and Volume Forecast by Application
10.4.1. Oil Industry
10.4.2. Chemical Industry
10.4.3. Electric Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gas Pressure Switch Market Size and Volume Forecast by Type
10.7.1. High Pressure Gas Pressure Switch
10.7.2. Medium Pressure Gas Pressure Switch
10.7.3. The Low Pressure Gas Pressure Switch
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 Gas Pressure Switch Demand Share Forecast, 2019-2026
11. Europe Gas Pressure Switch 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 Gas Pressure Switch 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 Gas Pressure Switch Market Size and Volume Forecast by Application
11.4.1. Oil Industry
11.4.2. Chemical Industry
11.4.3. Electric Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gas Pressure Switch Market Size and Volume Forecast by Type
11.7.1. High Pressure Gas Pressure Switch
11.7.2. Medium Pressure Gas Pressure Switch
11.7.3. The Low Pressure Gas Pressure Switch
11.8. asis 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 Gas Pressure Switch Demand Share, 2019-2026
12. Asia Pacific Gas Pressure Switch 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 Gas Pressure Switch 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 Gas Pressure Switch Market Size and Volume Forecast by Application
12.4.1. Oil Industry
12.4.2. Chemical Industry
12.4.3. Electric Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gas Pressure Switch Market Size and Volume Forecast by Type
12.7.1. High Pressure Gas Pressure Switch
12.7.2. Medium Pressure Gas Pressure Switch
12.7.3. The Low Pressure Gas Pressure Switch
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 Gas Pressure Switch Demand Share, 2019-2026
13. Middle East & Africa Gas Pressure Switch 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 Gas Pressure Switch 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 Gas Pressure Switch Market Size and Volume Forecast by Application
13.4.1. Oil Industry
13.4.2. Chemical Industry
13.4.3. Electric Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gas Pressure Switch Market Size and Volume Forecast by Type
13.7.1. High Pressure Gas Pressure Switch
13.7.2. Medium Pressure Gas Pressure Switch
13.7.3. The Low Pressure Gas Pressure Switch
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 Gas Pressure Switch Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gas Pressure Switch Market: Market Share Analysis
14.2. Gas Pressure Switch Distributors and Customers
14.3. Gas Pressure Switch Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GEORGIN S.A.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HK INSTRUMENTS
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kaustubha Udyog
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. METAL WORK
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NUOVA FIMA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Univer Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Valcom
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AIR Logic
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AirCom Pneumatic
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Barksdale
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Danfoss Industrial Automation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. DANFOSS Refrigeration & Air Conditioning
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. DWYER
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
