Market Overview:
The global field instruments market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for field instruments in various applications such as chemical industry, electric power generation, oil & gas, water & wastewater, food & beverage and others. Moreover, the growing demand for smart and advanced field instruments is also fueling the growth of this market. On the basis of type, the global field instruments market can be segmented into temperature transmitters, pressure transmitters, flow meters level meters and remote indicator Others). Temperature transmitters are expected to hold a major share in this market owing to their wide application in various industries. On the basis of application ,the global field instrument can be segmented into chemical industry electric power generation oil & gas water wastewater food beverage and others ). Chemical industry accounted for a major share in 2017 owing to its growing demand across different regions .Asia Pacific held a dominant position in terms of revenue contribution followed by North America Europe Asia Pacific Middle East Africa (MEA)and Latin America ).
Product Definition:
A field instrument is an instrument used to measure a physical quantity, such as pressure or temperature, in a real-world environment. Field instruments are often used in industrial and scientific settings to take readings of various parameters in order to make decisions or guide processes. Field instruments can be extremely important for making sure that critical processes are carried out within safe parameters.
Temperature Transmitters:
By understanding the working principle of temperature transmitters, it is possible to develop a range of instruments that can measure temperature with greater accuracy and precision. The most commonly used temperature transducers are thermocouples and thermistors.
Temperature Transmitters Market by End-use (Industrial, Automotive & Transportation), by Region, 2012 - 2022 -> The global Temperature Transmitters market size was valued at USD 1.72 billion in 2014.
Pressure Transmitters:
Pressure transmitters are used to measure the pressure in a liquid or gas medium. They can be categorized into two types on the basis of their applications, namely manometer and gauge Transmitters. The market for pressure transmitters is expected to witness significant growth over the forecast period owing to its increasing application areas such as water & wastewater treatment plants, natural gas processing plants, oil refineries among others.
Application Insights:
The electric power generation segment dominated the global field instruments market in terms of revenue in 2017. The growth can be attributed to the growing demand for electricity from rapidly growing population and industrialization. Moreover, increasing investments by governments in R&D to develop renewable sources of energy are expected to drive the demand over the forecast period.
The oil & gas industry is anticipated to witness significant growth over the forecast period owing to rising production levels across various regions including Middle East and Africa, North America and Asia Pacific. Increasing exploration activities coupled with more complex drilling operations require advanced equipment which will help operators extract maximum oil & gas resources at minimum cost as well as time. This factor is expected to have a positive impact on segment growth during future years too.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to several factors such as increasing demand for temperature transmitters, pressure transmitters, flow meters and level meters from various end-use industries. Moreover, technological advancements coupled with stringent regulations aimed at reducing carbon footprints are expected to drive the demand for remote indicators in this region over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising investments by prominent players in developing countries such as India and China. In addition, growing oil & gas industry is also expected to drive regional product demand over next eight years. Europe accounted for a significant share of revenue generated by field instruments globally due to presence of major market players including Bosch Sensortech; Honeywell International Inc.; and Siemens AG along with high disposable income consumers – both industrial and residential sector— across countries like Germany; U.K.; France; Italy; Spain etc.).
Growth Factors:
- Increasing demand from the process industries for field instruments to measure and control various physical parameters such as temperature, pressure, level, flow rate etc.
- Rapid industrialization in developing countries such as China and India is expected to drive the growth of field instruments market over the next few years.
- Growing demand for smart sensors and wireless technologies in field instruments is another major factor that would fuel the market growth in coming years.
- Rising investments by OEMs for R&D activities to develop new products is also anticipated to boost the market growth in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Field Instruments Market Research Report
By Type
Temperature Transmitters, Pressure Transmitters, Flow Meters, Level Meters, Remote Indicator, Others
By Application
Chemical Industry, Electric Power Generation, Oil & Gas, Water & Wastewater, Food & Beverage, Others
By Companies
Honeywell, Siemens, Endress + Hauser, Schneider, ABB, Fuji, Yokogawa, Ifm electronic, Sierra Instruments, Virtuoso Projects & Engineers, Autonics, Gururaj Engineers, Aplisens, Danfoss
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 Field Instruments Market Report Segments:
The global Field Instruments market is segmented on the basis of:
Types
Temperature Transmitters, Pressure Transmitters, Flow Meters, Level Meters, Remote Indicator, 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
Chemical Industry, Electric Power Generation, Oil & Gas, Water & Wastewater, Food & Beverage, 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:
- Honeywell
- Siemens
- Endress + Hauser
- Schneider
- ABB
- Fuji
- Yokogawa
- Ifm electronic
- Sierra Instruments
- Virtuoso Projects & Engineers
- Autonics
- Gururaj Engineers
- Aplisens
- Danfoss
Highlights of The Field Instruments 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:
- Temperature Transmitters
- Pressure Transmitters
- Flow Meters
- Level Meters
- Remote Indicator
- Others
- By Application:
- Chemical Industry
- Electric Power Generation
- Oil & Gas
- Water & Wastewater
- Food & Beverage
- 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 Field Instruments 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:
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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?
Field Instruments is a company that manufactures and sells scientific equipment.
Some of the major companies in the field instruments market are Honeywell, Siemens, Endress + Hauser, Schneider, ABB, Fuji, Yokogawa, Ifm electronic, Sierra Instruments, Virtuoso Projects & Engineers, Autonics, Gururaj Engineers, Aplisens, Danfoss.
The field instruments 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 Field Instruments 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 Field Instruments Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Field Instruments 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 Field Instruments 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 Field Instruments Market Size & Forecast, 2020-2028
4.5.1 Field Instruments Market Size and Y-o-Y Growth
4.5.2 Field Instruments 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 Temperature Transmitters
5.2.2 Pressure Transmitters
5.2.3 Flow Meters
5.2.4 Level Meters
5.2.5 Remote Indicator
5.2.6 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 Chemical Industry
6.2.2 Electric Power Generation
6.2.3 Oil & Gas
6.2.4 Water & Wastewater
6.2.5 Food & Beverage
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Field Instruments 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 Field Instruments 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 Temperature Transmitters
9.6.2 Pressure Transmitters
9.6.3 Flow Meters
9.6.4 Level Meters
9.6.5 Remote Indicator
9.6.6 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 Chemical Industry
9.10.2 Electric Power Generation
9.10.3 Oil & Gas
9.10.4 Water & Wastewater
9.10.5 Food & Beverage
9.10.6 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 Temperature Transmitters
10.6.2 Pressure Transmitters
10.6.3 Flow Meters
10.6.4 Level Meters
10.6.5 Remote Indicator
10.6.6 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 Chemical Industry
10.10.2 Electric Power Generation
10.10.3 Oil & Gas
10.10.4 Water & Wastewater
10.10.5 Food & Beverage
10.10.6 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 Temperature Transmitters
11.6.2 Pressure Transmitters
11.6.3 Flow Meters
11.6.4 Level Meters
11.6.5 Remote Indicator
11.6.6 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 Chemical Industry
11.10.2 Electric Power Generation
11.10.3 Oil & Gas
11.10.4 Water & Wastewater
11.10.5 Food & Beverage
11.10.6 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 Temperature Transmitters
12.6.2 Pressure Transmitters
12.6.3 Flow Meters
12.6.4 Level Meters
12.6.5 Remote Indicator
12.6.6 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 Chemical Industry
12.10.2 Electric Power Generation
12.10.3 Oil & Gas
12.10.4 Water & Wastewater
12.10.5 Food & Beverage
12.10.6 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 Temperature Transmitters
13.6.2 Pressure Transmitters
13.6.3 Flow Meters
13.6.4 Level Meters
13.6.5 Remote Indicator
13.6.6 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 Chemical Industry
13.10.2 Electric Power Generation
13.10.3 Oil & Gas
13.10.4 Water & Wastewater
13.10.5 Food & Beverage
13.10.6 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 Field Instruments Market: Competitive Dashboard
14.2 Global Field Instruments Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Siemens
14.3.3 Endress + Hauser
14.3.4 Schneider
14.3.5 ABB
14.3.6 Fuji
14.3.7 Yokogawa
14.3.8 Ifm electronic
14.3.9 Sierra Instruments
14.3.10 Virtuoso Projects & Engineers
14.3.11 Autonics
14.3.12 Gururaj Engineers
14.3.13 Aplisens
14.3.14 Danfoss
