Market Overview:
The global absolute pressure transmitter and differential pressure transmitter 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 absolute pressure transmitters and differential pressure transmitters in various applications such as electronics, pharmaceuticals, chemicals, and others. Additionally, the growing demand for these transmitters from regions such as North America, Latin America, Europe Asia Pacific and Middle East & Africa is also contributing to the growth of this market.
Product Definition:
An absolute pressure transmitter senses the absolute pressure of a fluid, whereas a differential pressure transmitter senses the difference in pressure between two points in a fluid.
Gas Hydrogeniodide:
Hydrogen iodide is a chemical compound with the formula (HI)2. It is primarily used as an electrolyte in fuel cells and as a reagent in the detection of peroxides. The pure form of hydrogen iodide has a distinctively sharp odor, which can be either pleasant or unpleasant depending on personal sensitivity. It has a pale-yellow color and is very hygroscopic, readily absorbing moisture from the air.
Solution Hydrogeniodide:
Solution hydrogen iodide is a chemical compound which is used in the manufacturing of different pressure transmitters. It has a colorless and toxic odor. Solution hydrogen iodide can be made by both thermal and chemical methods.
Application Insights:
The electronics segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for semiconductors and other electronic components from various end-use industries such as telecommunication, automotive and medical. In addition, technological advancements such as miniaturization of sensors have led to an increased demand for GATs across all applications.
The pharmaceutical segment is expected to witness significant growth over the forecast period owing to factors such as increasing R&D investments by major industry players coupled with stringent regulatory standards imposed on pharmaceutical industries worldwide. These factors are projected to drive product demand in this application sector over the next eight years without any doubt whatsoever.
Global absolute pressure transmitter.
Other applications include food & beverage processing, pulp & paper industry etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major electronic component manufacturers, such as Micron, Intel Corporation and Qualcomm. The region is expected to maintain its dominance over the forecast period due to increasing demand for semiconductors and other electronic components.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income coupled with growing industrialization in countries like China and India. In addition, favorable government policies are likely drive regional product demand during the forecast years.
Growth Factors:
- Increasing demand from process industries for absolute and differential pressure transmitters for accurate and reliable measurement of fluid pressure is expected to drive the growth of the market.
- Rising demand for smart transmitters with features such as self-diagnostics, data logging, and communication capabilities is also anticipated to fuel the growth of the market.
- Growing popularity of wireless technologies across various industry verticals is projected to boost the adoption rate of absolute and differential pressure transmitters in near future.
- Proliferation of Internet-of-Things (IoT) across various industrial sectors is expected to create new opportunities for the growth Absolute Pressure Transmitter and Differential Pressure Transmitter market in coming years. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Absolute Pressure Transmitter and Differential Pressure Transmitter Market Research Report
By Type
Gas Hydrogeniodide, Solution Hydrogeniodide
By Application
Electronics, Pharmaceutical, Chemical, Others
By Companies
Iofina Chemical, Ajay-SQM Group, ISE Chemicals Corporation, Godo Shigen, Nippoh Chemicals, Infinium Pharmachem, Shandong Boyuan Pharmaceutical, Jia Yin Optoelectronic Materials, Taian Havay Group
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Absolute Pressure Transmitter and Differential Pressure Transmitter Market Report Segments:
The global Absolute Pressure Transmitter and Differential Pressure Transmitter market is segmented on the basis of:
Types
Gas Hydrogeniodide, Solution Hydrogeniodide
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
Electronics, Pharmaceutical, Chemical, 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:
- Iofina Chemical
- Ajay-SQM Group
- ISE Chemicals Corporation
- Godo Shigen
- Nippoh Chemicals
- Infinium Pharmachem
- Shandong Boyuan Pharmaceutical
- Jia Yin Optoelectronic Materials
- Taian Havay Group
Highlights of The Absolute Pressure Transmitter and Differential 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:
- Gas Hydrogeniodide
- Solution Hydrogeniodide
- By Application:
- Electronics
- Pharmaceutical
- Chemical
- 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 Transmitter and Differential 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
An absolute pressure transmitter measures the pressure at a given point in space, while a differential pressure transmitter measures the difference in pressure between two points.
Some of the major companies in the absolute pressure transmitter and differential pressure transmitter market are Iofina Chemical, Ajay-SQM Group, ISE Chemicals Corporation, Godo Shigen, Nippoh Chemicals, Infinium Pharmachem, Shandong Boyuan Pharmaceutical, Jia Yin Optoelectronic Materials, Taian Havay Group.
The absolute pressure transmitter and differential pressure transmitter 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 Transmitter and Differential 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 Absolute Pressure Transmitter and Differential Pressure Transmitter Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Absolute Pressure Transmitter and Differential 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 Absolute Pressure Transmitter and Differential 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 Absolute Pressure Transmitter and Differential Pressure Transmitter Market Size & Forecast, 2020-2028 4.5.1 Absolute Pressure Transmitter and Differential Pressure Transmitter Market Size and Y-o-Y Growth 4.5.2 Absolute Pressure Transmitter and Differential 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 Gas Hydrogeniodide
5.2.2 Solution Hydrogeniodide
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 Electronics
6.2.2 Pharmaceutical
6.2.3 Chemical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Absolute Pressure Transmitter and Differential 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 Absolute Pressure Transmitter and Differential 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 Gas Hydrogeniodide
9.6.2 Solution Hydrogeniodide
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 Electronics
9.10.2 Pharmaceutical
9.10.3 Chemical
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 Gas Hydrogeniodide
10.6.2 Solution Hydrogeniodide
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 Electronics
10.10.2 Pharmaceutical
10.10.3 Chemical
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 Gas Hydrogeniodide
11.6.2 Solution Hydrogeniodide
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 Electronics
11.10.2 Pharmaceutical
11.10.3 Chemical
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 Gas Hydrogeniodide
12.6.2 Solution Hydrogeniodide
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 Electronics
12.10.2 Pharmaceutical
12.10.3 Chemical
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 Gas Hydrogeniodide
13.6.2 Solution Hydrogeniodide
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 Electronics
13.10.2 Pharmaceutical
13.10.3 Chemical
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 Absolute Pressure Transmitter and Differential Pressure Transmitter Market: Competitive Dashboard
14.2 Global Absolute Pressure Transmitter and Differential Pressure Transmitter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Iofina Chemical
14.3.2 Ajay-SQM Group
14.3.3 ISE Chemicals Corporation
14.3.4 Godo Shigen
14.3.5 Nippoh Chemicals
14.3.6 Infinium Pharmachem
14.3.7 Shandong Boyuan Pharmaceutical
14.3.8 Jia Yin Optoelectronic Materials
14.3.9 Taian Havay Group