Market Overview:
The global absolute 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 absolute pressure gauges in various industries such as oil and gas, chemical, water and wastewater, food & beverages, power, pulp & paper, metal & mining and pharmaceutics. Absolute pressure gauges are used for measuring the absolute pressure of a fluid or gas in a system. These gauges are available in different ranges such as low range pressure gauges (0-1 bar), high range pressure gauges (1-600 bar) and multi-range pressure gauge (0-600 bar). Absolute Pressure Gauge Market by Type: Low Range Pressure Gauge: The low rangepressure gauge segment is expected to grow at a CAGR of 5.8% during the forecast period from 2018to 2030 due to its wide use across various industries such as oil and gas, chemical processing plantsand water treatment plants.
Product Definition:
An absolute pressure gauge is a type of pressure gauge that measures the pressure of a gas or liquid relative to a vacuum. The absolute pressure is the sum of the atmospheric pressure and the Vacuum Pressure.
Multi-Range Pressure Gauges:
Multi-range pressure gauges are used to measure the pressure in a range from 0 to 10,000 PSI and have an accuracy of 1% of reading. It is majorly used for monitoring high-pressure processes such as turbine operation or compressor station. The multi-range gauge has a wide application in oil & gas, power generation industries and also finds its utility in aerospace & automobile industry for measuring the high vacuum pressures.
Low Range Pressure Gauges:
Low range pressure gauges are used in absolute pressure gauges to measure low-pressure or vacuum. Absolute pressure gauge is a device that measures the total atmospheric pressure. It can be easily distinguished frommanual/automatic vacuum gauge as it has no connection with atmosphere/vacuum pumps. Low range Pressure Gauge is connected tothesystembya tubingconnectionor by soldering a joint in the tubing, usually at its extremity (0-terminal).
Application Insights:
The oil and gas industry is one of the major consumers of GAP devices. The industry requires a large number of different types to measure pressure from low-range gauge to high-range gauge. These are used in well testing, production, and flow measurements for various processes such as drilling muds, hydraulic fracturing fluids, natural gas processing plants etc. In addition to this, these are also used in measuring crude oil/natural gas liquids ratio in wells along with other applications such as pipeline monitoring and integrity testing etc.
The chemical industry is another key segment driving the global absolute pressure gauges market due to its increasing demand for chemicals across all industries worldwide including pharmaceuticals where accuracy matters most during formulation or process control stages which require highly accurate measurement of pressure levels inside vessels or tanks among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is attributed to rapid industrialization and increasing investments in various industries, such as oil and gas, chemicals, power, food & beverage. In addition, rising disposable income levels are anticipated to fuel the demand for consumer goods and automobiles which will further propel industry expansion.
China dominated the Asia Pacific market owing to its large-scale production of coal bed methane (CBM). CBM exploration requires installation of advanced technology that can measure pressure at a specific location with high accuracy thus leading to an increase in demand for APG instruments in China over the forecast period.
Growth Factors:
- Increasing demand from the process industries for absolute pressure gauges for accurate and reliable pressure measurements
- Growing popularity of absolute pressure gauges in hydraulic systems and pneumatic systems
- Rising demand for absolute pressure gauges in research and development laboratories
- Increasing adoption of absolute pressure gauges in medical applications
- Growing demand for absolute pressure gauges from the automotive industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Absolute Pressure Gauges Market Research Report
By Type
Multi-Range Pressure Gauges, Low Range Pressure Gauges, High Range Pressure Gauges
By Application
Oil and Gas, Chemical, Water and Wastewater, Food & Beverages, Power, Pulp & Paper, Metal & Mining, Pharmaceut, Others
By Companies
Fluke(US), Dwyer Instruments(Canada), Omega Engineering(US), Cecomp Electronics(US), Auber Instruments(US), Optimus Electric(Canada), Reed-Direct(US), Testo Inc.(US), UEI(US), ABB Measurement & Analytics(Switzerland), GE Analytical Instruments(US), Hi-Tech Controls(US), Cole-Parmer(US), Allied Electronics(US), Setra Systems(US), Ashcroft Inc.(US), Ametek Power Instruments(US), Duncan Instruments(Canada), Honeywell Analytics(US)
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Absolute Pressure Gauges Market Report Segments:
The global Absolute Pressure Gauges market is segmented on the basis of:
Types
Multi-Range Pressure Gauges, Low Range Pressure Gauges, High Range Pressure Gauges
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 and Gas, Chemical, Water and Wastewater, Food & Beverages, Power, Pulp & Paper, Metal & Mining, Pharmaceut, 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:
- Fluke(US)
- Dwyer Instruments(Canada)
- Omega Engineering(US)
- Cecomp Electronics(US)
- Auber Instruments(US)
- Optimus Electric(Canada)
- Reed-Direct(US)
- Testo Inc.(US)
- UEI(US)
- ABB Measurement & Analytics(Switzerland)
- GE Analytical Instruments(US)
- Hi-Tech Controls(US)
- Cole-Parmer(US)
- Allied Electronics(US)
- Setra Systems(US)
- Ashcroft Inc.(US)
- Ametek Power Instruments(US)
- Duncan Instruments(Canada)
- Honeywell Analytics(US)
Highlights of The Absolute 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:
- Multi-Range Pressure Gauges
- Low Range Pressure Gauges
- High Range Pressure Gauges
- By Application:
- Oil and Gas
- Chemical
- Water and Wastewater
- Food & Beverages
- Power
- Pulp & Paper
- Metal & Mining
- Pharmaceut
- 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 Absolute 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?
Absolute pressure gauges are instruments that measure the pressure of a gas or liquid at a given point in time. They are often used to monitor process conditions or to measure the amount of gas or liquid in a container.
Some of the major companies in the absolute pressure gauges market are Fluke(US), Dwyer Instruments(Canada), Omega Engineering(US), Cecomp Electronics(US), Auber Instruments(US), Optimus Electric(Canada), Reed-Direct(US), Testo Inc.(US), UEI(US), ABB Measurement & Analytics(Switzerland), GE Analytical Instruments(US), Hi-Tech Controls(US), Cole-Parmer(US), Allied Electronics(US), Setra Systems(US), Ashcroft Inc.(US), Ametek Power Instruments(US), Duncan Instruments(Canada), Honeywell Analytics(US).
The absolute pressure gauges market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Absolute Pressure Gauges 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 Absolute Pressure Gauges Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Absolute Pressure Gauges 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 Absolute Pressure Gauges 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 Absolute Pressure Gauges Market Size & Forecast, 2018-2028
4.5.1 Absolute Pressure Gauges Market Size and Y-o-Y Growth
4.5.2 Absolute Pressure Gauges Market Absolute $ Opportunity
Chapter 5 Global Absolute Pressure Gauges 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 Absolute Pressure Gauges Market Size Forecast by Type
5.2.1 Multi-Range Pressure Gauges
5.2.2 Low Range Pressure Gauges
5.2.3 High Range Pressure Gauges
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Absolute Pressure Gauges 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 Absolute Pressure Gauges Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Chemical
6.2.3 Water and Wastewater
6.2.4 Food & Beverages
6.2.5 Power
6.2.6 Pulp & Paper
6.2.7 Metal & Mining
6.2.8 Pharmaceut
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Absolute Pressure Gauges 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 Absolute Pressure Gauges 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 Absolute Pressure Gauges Analysis and Forecast
9.1 Introduction
9.2 North America Absolute Pressure Gauges 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 Absolute Pressure Gauges Market Size Forecast by Type
9.6.1 Multi-Range Pressure Gauges
9.6.2 Low Range Pressure Gauges
9.6.3 High Range Pressure Gauges
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 Absolute Pressure Gauges Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Chemical
9.10.3 Water and Wastewater
9.10.4 Food & Beverages
9.10.5 Power
9.10.6 Pulp & Paper
9.10.7 Metal & Mining
9.10.8 Pharmaceut
9.10.9 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 Absolute Pressure Gauges Analysis and Forecast
10.1 Introduction
10.2 Europe Absolute Pressure Gauges 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 Absolute Pressure Gauges Market Size Forecast by Type
10.6.1 Multi-Range Pressure Gauges
10.6.2 Low Range Pressure Gauges
10.6.3 High Range Pressure Gauges
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 Absolute Pressure Gauges Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Chemical
10.10.3 Water and Wastewater
10.10.4 Food & Beverages
10.10.5 Power
10.10.6 Pulp & Paper
10.10.7 Metal & Mining
10.10.8 Pharmaceut
10.10.9 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 Absolute Pressure Gauges Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Absolute Pressure Gauges 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 Absolute Pressure Gauges Market Size Forecast by Type
11.6.1 Multi-Range Pressure Gauges
11.6.2 Low Range Pressure Gauges
11.6.3 High Range Pressure Gauges
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 Absolute Pressure Gauges Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Chemical
11.10.3 Water and Wastewater
11.10.4 Food & Beverages
11.10.5 Power
11.10.6 Pulp & Paper
11.10.7 Metal & Mining
11.10.8 Pharmaceut
11.10.9 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 Absolute Pressure Gauges Analysis and Forecast
12.1 Introduction
12.2 Latin America Absolute Pressure Gauges 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 Absolute Pressure Gauges Market Size Forecast by Type
12.6.1 Multi-Range Pressure Gauges
12.6.2 Low Range Pressure Gauges
12.6.3 High Range Pressure Gauges
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 Absolute Pressure Gauges Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Chemical
12.10.3 Water and Wastewater
12.10.4 Food & Beverages
12.10.5 Power
12.10.6 Pulp & Paper
12.10.7 Metal & Mining
12.10.8 Pharmaceut
12.10.9 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) Absolute Pressure Gauges Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Absolute Pressure Gauges 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) Absolute Pressure Gauges Market Size Forecast by Type
13.6.1 Multi-Range Pressure Gauges
13.6.2 Low Range Pressure Gauges
13.6.3 High Range Pressure Gauges
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) Absolute Pressure Gauges Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Chemical
13.10.3 Water and Wastewater
13.10.4 Food & Beverages
13.10.5 Power
13.10.6 Pulp & Paper
13.10.7 Metal & Mining
13.10.8 Pharmaceut
13.10.9 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 Absolute Pressure Gauges Market: Competitive Dashboard
14.2 Global Absolute Pressure Gauges Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fluke(US)
14.3.2 Dwyer Instruments(Canada)
14.3.3 Omega Engineering(US)
14.3.4 Cecomp Electronics(US)
14.3.5 Auber Instruments(US)
14.3.6 Optimus Electric(Canada)
14.3.7 Reed-Direct(US)
14.3.8 Testo Inc.(US)
14.3.9 UEI(US)
14.3.10 ABB Measurement & Analytics(Switzerland)
14.3.11 GE Analytical Instruments(US)
14.3.12 Hi-Tech Controls(US)
14.3.13 Cole-Parmer(US)
14.3.14 Allied Electronics(US)
14.3.15 Setra Systems(US)
14.3.16 Ashcroft Inc.(US)
14.3.17 Ametek Power Instruments(US)
14.3.18 Duncan Instruments(Canada)
14.3.19 Honeywell Analytics(US)
