Market Overview:
The global commercial 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 utility gauges, air pressure gauges, and standard dials panel gauges across various applications such as hydraulic and pneumatic systems, pumps, compressors, and water systems. In addition, the growing demand for smart commercial gauges is also contributing to the growth of this market. North America is expected to lead the global commercial gauge market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A commercial gauge is a device used to measure the pressure or level of a fluid within a system. Commercial gauges are important because they allow businesses to monitor and control fluid levels, ensuring that systems run efficiently.
Utility Gauges:
Utility gauges are instruments used to measure or monitor various physical parameters such as temperature, pressure, level and flow. They are widely used in process industries for monitoring purposes. The major factors driving the utility gauge market include increasing demand from manufacturing industries and rapid industrialization across developing nations including India, China and Brazil among others. Additionally rising concerns regarding energy conservation is also expected to fuel the market growth over the forecast period.
Air Pressure Gauges:
Air pressure gauges are instruments used to measure the air pressure. They are available in two forms which include manometer and vacuum gauge. The basic function of these devices is to indicate if the air is getting restricted or not. These indicators also show us whether the system is working efficiently or not, as a result of which they find their application in various industries such as automotive, construction, oil & gas and aerospace among others.
Application Insights:
Hydraulic and pneumatic systems dominated the global commercial gauges market in terms of revenue share in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand for industrial machinery across various end-use industries such as construction, mining, food processing and chemical. Furthermore, increasing R&D investments by major gauge manufacturers are projected to boost product innovation thereby driving the demand further.
The pumps segment accounted for a significant market share in 2017 due to high product demand from various industries including oil & gas, water treatment and power generation among others. Major pump manufacturers include Sulzer Pumps Ltd., Copeland Industrial Products Co., Ltd.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing industrialization, coupled with rising foreign investments in various sectors such as manufacturing, oil & gas, construction and mining. These factors are anticipated to drive the demand for commercial gauges over the forecast period.
The Middle East & Africa is estimated to be one of the fastest-growing regions from 2018 to 2030 owing to rapid development in several industries including water supply and sanitation; power generation; petrochemical processing; mining exploration; food processing & packaging among others.
Growth Factors:
- Increasing demand for fuel-efficient vehicles
- Growing automotive industry
- Rising demand from end-use industries
- Technological advancements in gauges and sensors
- Stringent government regulations for fuel efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Gauges Market Research Report
By Type
Utility Gauges, Air Pressure Gauges, Standard Dials Panel Gauges
By Application
Hydraulic and Pneumatic Systems, Pumps, Compressors, Water Systems
By Companies
OMEGA Engineering, Ashcroft, REOTEMP, FGB Manufacturing, Miljoco, Wika Instrumentation, Accu Tech, Akvalo Instruments, Oslin Nation, Gage-It, OMEGA Engineering
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Gauges Market Report Segments:
The global Commercial Gauges market is segmented on the basis of:
Types
Utility Gauges, Air Pressure Gauges, Standard Dials Panel 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
Hydraulic and Pneumatic Systems, Pumps, Compressors, Water Systems
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:
- OMEGA Engineering
- Ashcroft
- REOTEMP
- FGB Manufacturing
- Miljoco
- Wika Instrumentation
- Accu Tech
- Akvalo Instruments
- Oslin Nation
- Gage-It
- OMEGA Engineering
Highlights of The Commercial 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:
- Utility Gauges
- Air Pressure Gauges
- Standard Dials Panel Gauges
- By Application:
- Hydraulic and Pneumatic Systems
- Pumps
- Compressors
- Water Systems
- 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 Commercial 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
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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?
Commercial gauges are used in industrial and commercial settings to measure the size, weight, or other characteristics of objects.
Some of the key players operating in the commercial gauges market are OMEGA Engineering, Ashcroft, REOTEMP, FGB Manufacturing, Miljoco, Wika Instrumentation, Accu Tech, Akvalo Instruments, Oslin Nation, Gage-It, OMEGA Engineering.
The commercial gauges 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 Commercial 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 Commercial Gauges Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial 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 Commercial 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 Commercial Gauges Market Size & Forecast, 2020-2028
4.5.1 Commercial Gauges Market Size and Y-o-Y Growth
4.5.2 Commercial Gauges 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 Utility Gauges
5.2.2 Air Pressure Gauges
5.2.3 Standard Dials Panel Gauges
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 Hydraulic and Pneumatic Systems
6.2.2 Pumps
6.2.3 Compressors
6.2.4 Water Systems
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial 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 Commercial 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 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 Utility Gauges
9.6.2 Air Pressure Gauges
9.6.3 Standard Dials Panel 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 Market Size Forecast by Applications
9.10.1 Hydraulic and Pneumatic Systems
9.10.2 Pumps
9.10.3 Compressors
9.10.4 Water Systems
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 Utility Gauges
10.6.2 Air Pressure Gauges
10.6.3 Standard Dials Panel 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 Market Size Forecast by Applications
10.10.1 Hydraulic and Pneumatic Systems
10.10.2 Pumps
10.10.3 Compressors
10.10.4 Water Systems
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 Utility Gauges
11.6.2 Air Pressure Gauges
11.6.3 Standard Dials Panel 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 Market Size Forecast by Applications
11.10.1 Hydraulic and Pneumatic Systems
11.10.2 Pumps
11.10.3 Compressors
11.10.4 Water Systems
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 Utility Gauges
12.6.2 Air Pressure Gauges
12.6.3 Standard Dials Panel 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 Market Size Forecast by Applications
12.10.1 Hydraulic and Pneumatic Systems
12.10.2 Pumps
12.10.3 Compressors
12.10.4 Water Systems
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 Utility Gauges
13.6.2 Air Pressure Gauges
13.6.3 Standard Dials Panel 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) Market Size Forecast by Applications
13.10.1 Hydraulic and Pneumatic Systems
13.10.2 Pumps
13.10.3 Compressors
13.10.4 Water Systems
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 Commercial Gauges Market: Competitive Dashboard
14.2 Global Commercial Gauges Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OMEGA Engineering
14.3.2 Ashcroft
14.3.3 REOTEMP
14.3.4 FGB Manufacturing
14.3.5 Miljoco
14.3.6 Wika Instrumentation
14.3.7 Accu Tech
14.3.8 Akvalo Instruments
14.3.9 Oslin Nation
14.3.10 Gage-It
14.3.11 OMEGA Engineering
