Market Overview:
The global absolute pressure transmitters 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 transmitters in various applications such as off highway vehicles, natural gas equipment, semiconductor processing, and others. Additionally, the growing demand for absolute pressure transmitters from emerging economies is also contributing to the growth of this market.
Product Definition:
Absolute pressure transmitters are devices that measure the absolute pressure of a fluid or gas. The absolute pressure is the total pressure of the fluid or gas, including both the atmospheric and static pressures. Absolute pressure transmitters are important for measuring process variables in industrial applications, such as pipelines, plants, and refineries.
AP Type:
Absolute pressure transmitters are used to send a signal of high or low pressure. They are widely used in the oil & gas industry for various applications such as well testing, drilling and measurement of subsea pressures and compressors. The market is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries such as oil & gas, power generation, chemical processing and pulp & paper.
The AP type transmitter has been developed by ABB Ltd.
GP Type:
GP type is the most basic and widely used pressure transmitter in the market. It has a wide range of applications from medical to industrial sectors. The product finds its major application in absolute pressure transmitters as it can be easily interfaced with microprocessors for process control purposes.
Application Insights:
The other application segment includes food & beverage, chemical, pharmaceutical and semiconductor processing industries. The natural gas equipment segment is expected to witness the fastest growth over the forecast period owing to its rising applications in compression stations, liquefaction facilities and LNG carriers among others.
Off-highway vehicles are widely used for processes such as oil & gas production and drilling among others. In natural gas equipment industry, these devices are used for measuring process pressures from 70 bar up to 6 Mbar in compressors or turbines along with a range of 300 kPa - 4 Mpa (0.3 - 0.6 MPa).
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major players and well-established industrial sector. The U.S., being a developed nation, has higher per capita disposable income that enables people to choose from various advanced technologies available in the market. This factor is expected to have a positive impact on regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid industrialization and expansion of end-user industries such as semiconductors, natural gas processing equipment, HVAC & refrigeration equipment manufacturing companies in India and China for example). In addition, rising energy demand due to population growth coupled with economic development will drive industry size further upsurge during this time span.
Growth Factors:
- Increasing demand from process industries for absolute pressure transmitters for accurate and reliable pressure measurement
- Rising popularity of smart absolute pressure transmitters with features such as self-diagnostics, data logging, and communication capabilities
- Proliferation of microelectromechanical systems (MEMS)-based absolute pressure transmitters that offer high accuracy and low cost
- Growing demand for wireless absolute pressure transmitters to enable real-time monitoring of critical processes in hazardous or remote locations
- Development of next-generation absolute pressure transmitters with enhanced performance characteristics such as higher precision, wider range, and longer battery life
Scope Of The Report
Report Attributes
Report Details
Report Title
Absolute Pressure Transmitters Market Research Report
By Type
AP Type, GP Type
By Application
Off Highway Vehicles, Natural Gas Equipment, Semiconductor Processing, Other
By Companies
ABB, Honeywell, Yokogawa Electric Corporation, SensorsONE, Setra, OMEGA Engineering, Ashcroft, Halstrup-walcher, TE Connectivity, RS Components, AMSYS, BD sensors, PASCO, Danfoss, Keller
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Absolute Pressure Transmitters Market Report Segments:
The global Absolute Pressure Transmitters market is segmented on the basis of:
Types
AP Type, GP Type
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
Off Highway Vehicles, Natural Gas Equipment, Semiconductor Processing, 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:
- ABB
- Honeywell
- Yokogawa Electric Corporation
- SensorsONE
- Setra
- OMEGA Engineering
- Ashcroft
- Halstrup-walcher
- TE Connectivity
- RS Components
- AMSYS
- BD sensors
- PASCO
- Danfoss
- Keller
Highlights of The Absolute Pressure Transmitters 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:
- AP Type
- GP Type
- By Application:
- Off Highway Vehicles
- Natural Gas Equipment
- Semiconductor Processing
- 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 Absolute Pressure Transmitters 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
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- 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?
Absolute pressure transmitters are used to measure the absolute pressure in a gas or liquid.
Some of the major players in the absolute pressure transmitters market are ABB, Honeywell, Yokogawa Electric Corporation, SensorsONE, Setra, OMEGA Engineering, Ashcroft, Halstrup-walcher, TE Connectivity, RS Components, AMSYS, BD sensors, PASCO, Danfoss, Keller.
The absolute pressure transmitters 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 Absolute Pressure Transmitters 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 Transmitters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Absolute Pressure Transmitters 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 Transmitters 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 Transmitters Market Size & Forecast, 2018-2028
4.5.1 Absolute Pressure Transmitters Market Size and Y-o-Y Growth
4.5.2 Absolute Pressure Transmitters Market Absolute $ Opportunity
Chapter 5 Global Absolute Pressure Transmitters 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 Transmitters Market Size Forecast by Type
5.2.1 AP Type
5.2.2 GP Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Absolute Pressure Transmitters 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 Transmitters Market Size Forecast by Applications
6.2.1 Off Highway Vehicles
6.2.2 Natural Gas Equipment
6.2.3 Semiconductor Processing
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Absolute Pressure Transmitters 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 Transmitters 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 Transmitters Analysis and Forecast
9.1 Introduction
9.2 North America Absolute Pressure Transmitters 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 Transmitters Market Size Forecast by Type
9.6.1 AP Type
9.6.2 GP Type
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 Transmitters Market Size Forecast by Applications
9.10.1 Off Highway Vehicles
9.10.2 Natural Gas Equipment
9.10.3 Semiconductor Processing
9.10.4 Other
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 Transmitters Analysis and Forecast
10.1 Introduction
10.2 Europe Absolute Pressure Transmitters 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 Transmitters Market Size Forecast by Type
10.6.1 AP Type
10.6.2 GP Type
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 Transmitters Market Size Forecast by Applications
10.10.1 Off Highway Vehicles
10.10.2 Natural Gas Equipment
10.10.3 Semiconductor Processing
10.10.4 Other
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 Transmitters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Absolute Pressure Transmitters 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 Transmitters Market Size Forecast by Type
11.6.1 AP Type
11.6.2 GP Type
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 Transmitters Market Size Forecast by Applications
11.10.1 Off Highway Vehicles
11.10.2 Natural Gas Equipment
11.10.3 Semiconductor Processing
11.10.4 Other
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 Transmitters Analysis and Forecast
12.1 Introduction
12.2 Latin America Absolute Pressure Transmitters 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 Transmitters Market Size Forecast by Type
12.6.1 AP Type
12.6.2 GP Type
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 Transmitters Market Size Forecast by Applications
12.10.1 Off Highway Vehicles
12.10.2 Natural Gas Equipment
12.10.3 Semiconductor Processing
12.10.4 Other
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 Transmitters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Absolute Pressure Transmitters 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 Transmitters Market Size Forecast by Type
13.6.1 AP Type
13.6.2 GP Type
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 Transmitters Market Size Forecast by Applications
13.10.1 Off Highway Vehicles
13.10.2 Natural Gas Equipment
13.10.3 Semiconductor Processing
13.10.4 Other
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 Transmitters Market: Competitive Dashboard
14.2 Global Absolute Pressure Transmitters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Honeywell
14.3.3 Yokogawa Electric Corporation
14.3.4 SensorsONE
14.3.5 Setra
14.3.6 OMEGA Engineering
14.3.7 Ashcroft
14.3.8 Halstrup-walcher
14.3.9 TE Connectivity
14.3.10 RS Components
14.3.11 AMSYS
14.3.12 BD sensors
14.3.13 PASCO
14.3.14 Danfoss
14.3.15 Keller
