Market Overview:
The global digital pressure indicators 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 precision pressure gauges and general pressure gauges across various industries such as power, petrochemical, metallurgy, pharmaceuticals, and others. Additionally, the growing demand for digital pressure indicators in emerging economies such as Asia Pacific and Latin America is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period.
Product Definition:
A digital pressure indicator is a device used to measure and display the pressure of a fluid or gas. They are often used in industrial and laboratory settings, as well as in homes with HVAC systems. Digital pressure indicators can be very important for safety reasons, as they can help to prevent dangerous situations from occurring.
Precision Pressure Gauge:
Precision pressure gauge is a device used to measure the pressure of liquid or gas in industrial and scientific applications. It’s an instrument that provides accurate and reliable measurement of high-pressure liquids and gases under normal working conditions.
General Pressure Gauge:
The general pressure gauge is a device used to measure the internal pressure of an object. It can be used for liquids, gases or fluids. The general-purpose pressure gauge was initially designed for measuring the vacuum and then evolved to measure pressures ranging from atmospheric to high vacuum (more than 10-8 torr). These gauges are available in different forms such as dial, digital and multi-function variants.
Application Insights:
The power application segment led the global digital pressure indicators market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing investments in the energy sector across various countries, including China, India and Japan. These factors are expected to drive demand for industrial machinery, which will further propel demand for these gauges over the next few years.
Petrochemical industry is one of the prominent application areas within this market owing to its growing importance across regions as well as economies worldwide.
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 increasing oil & gas exploration activities in countries, such as China and India. In addition, rising investments in offshore projects are also anticipated to drive the regional market growth over the forecast period.
The Middle East & Africa (MEA) region accounted for a significant share in 2016 owing to growing petroleum refining and petrochemical industries across countries such as Saudi Arabia and Qatar. MEA has one of the largest oil reserves worldwide and hence it attracts huge investment from various companies around the world for petroleum exploration activities which results into high demand for pressure indicators in this region.
Growth Factors:
- Increasing demand for digital pressure indicators in the automotive and aerospace industries due to the need for accurate and reliable pressure readings.
- Growing popularity of digital pressure indicators in medical applications as they provide more accurate readings than traditional analog gauges.
- Rising demand from the oil & gas industry for digital pressure indicators as they help reduce downtime and improve safety during operations.
- Increasing use of digital pressure indicators in research laboratories to measure minute changes in air or fluid pressures accurately.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Pressure Indicators Market Research Report
By Type
Precision Pressure Gauge, General Pressure Gauge
By Application
Power, Petrochemical, Metallurgy, Pharmaceutical, Others
By Companies
Additel, Ashcroft, Anderson, British Rototherm, Budenberg, Kane International, Riels Instruments, Schiltknecht Messtechnik, Seitron, Wika, Additel
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Digital Pressure Indicators Market Report Segments:
The global Digital Pressure Indicators market is segmented on the basis of:
Types
Precision Pressure Gauge, General Pressure Gauge
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
Power, Petrochemical, Metallurgy, Pharmaceutical, 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:
- Additel
- Ashcroft
- Anderson
- British Rototherm
- Budenberg
- Kane International
- Riels Instruments
- Schiltknecht Messtechnik
- Seitron
- Wika
- Additel
Highlights of The Digital Pressure Indicators 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:
- Precision Pressure Gauge
- General Pressure Gauge
- By Application:
- Power
- Petrochemical
- Metallurgy
- Pharmaceutical
- 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 Digital Pressure Indicators 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?
Digital pressure indicators are electronic devices that measure atmospheric pressure. They can be used to monitor changes in atmospheric pressure and to provide warning signals when the atmospheric pressure is approaching or exceeding a certain level.
Some of the major players in the digital pressure indicators market are Additel, Ashcroft, Anderson, British Rototherm, Budenberg, Kane International, Riels Instruments, Schiltknecht Messtechnik, Seitron, Wika, Additel.
The digital pressure indicators 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 Digital Pressure Indicators 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 Digital Pressure Indicators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Pressure Indicators 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 Digital Pressure Indicators 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 Digital Pressure Indicators Market Size & Forecast, 2020-2028
4.5.1 Digital Pressure Indicators Market Size and Y-o-Y Growth
4.5.2 Digital Pressure Indicators 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 Precision Pressure Gauge
5.2.2 General Pressure Gauge
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 Power
6.2.2 Petrochemical
6.2.3 Metallurgy
6.2.4 Pharmaceutical
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Pressure Indicators 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 Digital Pressure Indicators 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 Precision Pressure Gauge
9.6.2 General Pressure Gauge
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 Power
9.10.2 Petrochemical
9.10.3 Metallurgy
9.10.4 Pharmaceutical
9.10.5 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 Precision Pressure Gauge
10.6.2 General Pressure Gauge
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 Power
10.10.2 Petrochemical
10.10.3 Metallurgy
10.10.4 Pharmaceutical
10.10.5 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 Precision Pressure Gauge
11.6.2 General Pressure Gauge
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 Power
11.10.2 Petrochemical
11.10.3 Metallurgy
11.10.4 Pharmaceutical
11.10.5 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 Precision Pressure Gauge
12.6.2 General Pressure Gauge
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 Power
12.10.2 Petrochemical
12.10.3 Metallurgy
12.10.4 Pharmaceutical
12.10.5 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 Precision Pressure Gauge
13.6.2 General Pressure Gauge
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 Power
13.10.2 Petrochemical
13.10.3 Metallurgy
13.10.4 Pharmaceutical
13.10.5 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 Digital Pressure Indicators Market: Competitive Dashboard
14.2 Global Digital Pressure Indicators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Additel
14.3.2 Ashcroft
14.3.3 Anderson
14.3.4 British Rototherm
14.3.5 Budenberg
14.3.6 Kane International
14.3.7 Riels Instruments
14.3.8 Schiltknecht Messtechnik
14.3.9 Seitron
14.3.10 Wika
14.3.11 Additel
