Market Overview:
The global capsule pressure gauge 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 capsule pressure gauges from various end-use industries, such as medical, chemical, and others. Capsule pressure gauges are used in various applications across different industries owing to their accuracy and reliability. In addition, the growing demand for miniaturized sensors is also contributing significantly towards the growth of this market. Based on type, copper alloy segment is projected to lead the global capsule pressure gauge market during the forecast period from 2018 to 2030. This segment accounted for a major share of the global capsule pressure gauge market in 2017 and is expected to maintain its dominance throughout the forecast period due to its properties such as corrosion resistance and high strength-to-weight ratio.
Product Definition:
A capsule pressure gauge is a device used to measure the internal pressure of a container, such as a gas cylinder or reservoir. Capsule pressure gauges are typically made up of two parts: the capsule and the Bourdon tube. The capsule is a small, sealed chamber that contains either liquid or gas. The Bourdon tube is a coiled metal tube that contracts when pressurized and expands when depressurized. When the container's internal pressure increases, it causes the capsule to expand; this expansion is transmitted through the Bourdon tube to indicate an increase in pressure on a dial or gauge.
Copper Alloy:
Copper alloys are alloyed with different metals, which results in varied compositions. The most common copper-based alloys include COPPER (Cu), LADYMAN'S KHAKI (CuZn) and COPPER BRONZE (CuB). Copper bronzes have the highest copper content among other copper-based alloys; they contain more than 90% of copper by weight.
Stainless Steel:
Stainless steel is a type of alloy that consists of iron, nickel, and other metals. It has various beneficial properties such as corrosion resistance, high strength (in some cases), easy to fabricate and shape, electrical & thermal conductivity among others. The most important factor that differentiates stainless steel from carbon steel is the ability of the former to resist rusting under low as well as high temperatures.
Application Insights:
In terms of application segmentation, the market is categorized into medical, chemical and others. The medical application segment accounted for the largest share in 2017 owing to increasing geriatric population base and prevalence of chronic diseases that require regular monitoring. Moreover, technological advancements in smart devices coupled with growing demand for wearable devices will drive growth over the forecast period.
The chemical industry is anticipated to be one of the fastest-growing segments during Capsule Pressure Gauge market expansion due to high demand from various industries such as oil & gas, power generation and petrochemicals among others. Growing environmental awareness has driven consumers towards using copper alloy capsules that are free from hazardous materials which further drives product adoption across various end-use industries globally.
Other applications include aerospace & defense among other sectors such as food & beverages.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major companies and well-established healthcare infrastructure. In addition, increasing R&D activities by various companies is expected to drive growth over the forecast period. Europe accounted for a significant share in terms of revenue due to high product adoption by end-use industries such as medical, chemical, food & beverage and others. The region is expected to grow at a CAGR of XX% from 2018 to 2030 owing to growing geriatric population base that requires long-term care services coupled with government initiatives for improving public health systems across countries such as Germany, France and others.
Asia Pacific is anticipated to witness lucrative growth during the forecast period due its large Capsule Population (CP) suffering from cardiovascular diseases (CVDs), diabetes etc., rising disposable income levels along with improved economic conditions are some factors driving regional growth Capsule Pressure Gauge Market Asia Pacific & Middle East Africa).
Growth Factors:
- Increasing demand for capsule pressure gauges in the medical industry for diagnostics and treatment purposes
- Rising demand from the oil & gas industry for accurate and reliable pressure readings
- Growing popularity of capsule pressure gauges in research laboratories and educational institutions
- Technological advancements that have led to the development of more sophisticated and accurate capsule pressure gauges
- The increasing number of applications for which capsule pressure gauges can be used
Scope Of The Report
Report Attributes
Report Details
Report Title
Capsule Pressure Gauge Market Research Report
By Type
Copper Alloy, Stainless Steel, Others
By Application
Medical, Chemical, Others
By Companies
WISE, Winters, WIKA Instrument, LP, SIKA, Badotherm, Kobold, Ashcroft Inc, Skon, Genstar Technologies
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Capsule Pressure Gauge Market Report Segments:
The global Capsule Pressure Gauge market is segmented on the basis of:
Types
Copper Alloy, Stainless Steel, Others
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
Medical, 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:
- WISE
- Winters
- WIKA Instrument, LP
- SIKA
- Badotherm
- Kobold
- Ashcroft Inc
- Skon
- Genstar Technologies
Highlights of The Capsule Pressure Gauge 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:
- Copper Alloy
- Stainless Steel
- Others
- By Application:
- Medical
- 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 Capsule Pressure Gauge 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 capsule pressure gauge is a device used to measure the pressure inside a sealed container.
Some of the major companies in the capsule pressure gauge market are WISE, Winters, WIKA Instrument, LP, SIKA, Badotherm, Kobold, Ashcroft Inc, Skon, Genstar Technologies.
The capsule pressure gauge 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 Capsule Pressure Gauge 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 Capsule Pressure Gauge Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Capsule Pressure Gauge 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 Capsule Pressure Gauge 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 Capsule Pressure Gauge Market Size & Forecast, 2020-2028
4.5.1 Capsule Pressure Gauge Market Size and Y-o-Y Growth
4.5.2 Capsule Pressure Gauge 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 Copper Alloy
5.2.2 Stainless Steel
5.2.3 Others
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 Medical
6.2.2 Chemical
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Capsule Pressure Gauge 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 Capsule Pressure Gauge 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 Copper Alloy
9.6.2 Stainless Steel
9.6.3 Others
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 Medical
9.10.2 Chemical
9.10.3 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 Copper Alloy
10.6.2 Stainless Steel
10.6.3 Others
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 Medical
10.10.2 Chemical
10.10.3 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 Copper Alloy
11.6.2 Stainless Steel
11.6.3 Others
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 Medical
11.10.2 Chemical
11.10.3 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 Copper Alloy
12.6.2 Stainless Steel
12.6.3 Others
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 Medical
12.10.2 Chemical
12.10.3 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 Copper Alloy
13.6.2 Stainless Steel
13.6.3 Others
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 Medical
13.10.2 Chemical
13.10.3 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 Capsule Pressure Gauge Market: Competitive Dashboard
14.2 Global Capsule Pressure Gauge Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WISE
14.3.2 Winters
14.3.3 WIKA Instrument, LP
14.3.4 SIKA
14.3.5 Badotherm
14.3.6 Kobold
14.3.7 Ashcroft Inc
14.3.8 Skon
14.3.9 Genstar Technologies
