Market Overview:
The global gauge 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 process engineering applications, pharmaceuticals, food and beverage, automotive and other industries. In terms of type, the in-line gauge pressure transmitters segment is expected to hold the largest share of the global gauge pressure transmitters market during the forecast period. This can be attributed to their ability to provide accurate measurements in hostile environments with high pressures and temperatures.
Product Definition:
Gauge pressure transmitters are devices used to measure the pressure of a fluid or gas in a system. They work by converting the pressure into an electrical signal which can be measured and displayed. Gauge pressure transmitters are important because they allow us to measure the pressure of a system and ensure that it is within safe limits.
In-Line Gauge Pressure Transmitters:
In-line gauge pressure transmitters are used to measure the upstream and downstream pressures of a pipeline. They are installed in the line near its beginning and end, respectively, as they can be easily accessed while operating in remote locations. The market for these devices is expected to witness significant growth over the forecast period owing to their ability to provide real-time information about pipeline conditions along with reducing maintenance costs by eliminating frequent visits for monitoring purposes.
Remote-Sealed Gauge Pressure Transmitters:
The remote-sealed gauge pressure transmitters are used to measure the upstream and downstream pressure in a pipeline. It is an electronic device that works on the principle of mechanical seals that are located at regular intervals along the pipeline. The working principle of these devices is based on elastomeric materials, which can store and release information about fluctuating pressures along with providing protection against transmission of error due to external influences such as vibration, thermal expansion, or heating/cooling cycles.
Application Insights:
The process engineering segment dominated the global gauge pressure transmitters market in 2017 and is expected to witness significant growth over the forecast period. The segment is projected to account for a major share of revenue due to rising demand from petrochemical, chemical, cement and other industries.
The pharmaceutical industry has been one of the leading consumers of these devices as they help maintain product quality and safety standards. Pharmaceutical companies are continuously investing in automation technologies that ensure higher accuracy while handling high-value products such as active pharmaceutical ingredients (API). These devices also offer protection against system failure caused due to power outages or voltage fluctuations by providing redundant systems within a plant. Such factors are expected to drive their demand in pharma applications over the coming years.
Regional Analysis:
Europe dominated the global market in terms of revenue in 2017. The region is expected to witness moderate growth over the forecast period owing to rising oil and gas exploration activities, coupled with stringent government regulations regarding gauge pressure transmission systems. In addition, increasing investments for improving infrastructure are likely to drive product demand over the coming years.
Asia Pacific is anticipated to register significant growth during the forecast period owing to rapid industrialization and growing energy needs across emerging economies such as China and India. Furthermore, favorable government initiatives for developing transportation infrastructure are projecteded boost industry expansion over the next eight years time frame.
North America accounted for a substantial share of revenue in 2017 due to high product penetration levels observed within U.S., Canada, Mexico regions pertaining petroleum industries coupled with chemical processing units operating at maximum capacity levels throughout major production phases supported by steady throughput requirements from various end-user industries including food & beverage sector along with other applications mentioned above).
Growth Factors:
- Increasing demand for pressure transmitters in oil and gas industry for accurate and reliable pressure measurement
- Growing popularity of smart sensors and wireless technology in industrial automation
- Rising demand from process industries such as chemical, pharmaceutical, and food & beverage
- Proliferation of IoT-enabled devices that require reliable pressure measurements
- Technological advancements that enable higher accuracy, longer life, and lower maintenance requirements
Scope Of The Report
Report Attributes
Report Details
Report Title
Gauge Pressure Transmitters Market Research Report
By Type
In-Line Gauge Pressure Transmitters, Remote-Sealed Gauge Pressure Transmitters
By Application
Process Engineering, Pharmaceutical, Food and Beverage, Automotive, Others
By Companies
Azbil, Yokogawa Electric, ABB, Honeywell, Fuji Electric, Schneider Electric, Applied Measurements, Azbil
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Gauge Pressure Transmitters Market Report Segments:
The global Gauge Pressure Transmitters market is segmented on the basis of:
Types
In-Line Gauge Pressure Transmitters, Remote-Sealed Gauge Pressure Transmitters
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
Process Engineering, Pharmaceutical, Food and Beverage, Automotive, 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:
- Azbil
- Yokogawa Electric
- ABB
- Honeywell
- Fuji Electric
- Schneider Electric
- Applied Measurements
- Azbil
Highlights of The Gauge 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:
- In-Line Gauge Pressure Transmitters
- Remote-Sealed Gauge Pressure Transmitters
- By Application:
- Process Engineering
- Pharmaceutical
- Food and Beverage
- Automotive
- 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 Gauge 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
- 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 gauge pressure transmitter is a device used to measure the pressure of gases or liquids.
Some of the major players in the gauge pressure transmitters market are Azbil, Yokogawa Electric, ABB, Honeywell, Fuji Electric, Schneider Electric, Applied Measurements, Azbil.
The gauge pressure transmitters 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 Gauge 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 Gauge Pressure Transmitters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gauge 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 Gauge 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 Gauge Pressure Transmitters Market Size & Forecast, 2020-2028
4.5.1 Gauge Pressure Transmitters Market Size and Y-o-Y Growth
4.5.2 Gauge Pressure Transmitters 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 In-Line Gauge Pressure Transmitters
5.2.2 Remote-Sealed Gauge Pressure Transmitters
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 Process Engineering
6.2.2 Pharmaceutical
6.2.3 Food and Beverage
6.2.4 Automotive
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gauge 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 Gauge 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 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 In-Line Gauge Pressure Transmitters
9.6.2 Remote-Sealed Gauge Pressure Transmitters
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 Process Engineering
9.10.2 Pharmaceutical
9.10.3 Food and Beverage
9.10.4 Automotive
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 In-Line Gauge Pressure Transmitters
10.6.2 Remote-Sealed Gauge Pressure Transmitters
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 Process Engineering
10.10.2 Pharmaceutical
10.10.3 Food and Beverage
10.10.4 Automotive
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 In-Line Gauge Pressure Transmitters
11.6.2 Remote-Sealed Gauge Pressure Transmitters
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 Process Engineering
11.10.2 Pharmaceutical
11.10.3 Food and Beverage
11.10.4 Automotive
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 In-Line Gauge Pressure Transmitters
12.6.2 Remote-Sealed Gauge Pressure Transmitters
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 Process Engineering
12.10.2 Pharmaceutical
12.10.3 Food and Beverage
12.10.4 Automotive
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 In-Line Gauge Pressure Transmitters
13.6.2 Remote-Sealed Gauge Pressure Transmitters
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 Process Engineering
13.10.2 Pharmaceutical
13.10.3 Food and Beverage
13.10.4 Automotive
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 Gauge Pressure Transmitters Market: Competitive Dashboard
14.2 Global Gauge Pressure Transmitters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Azbil
14.3.2 Yokogawa Electric
14.3.3 ABB
14.3.4 Honeywell
14.3.5 Fuji Electric
14.3.6 Schneider Electric
14.3.7 Applied Measurements
14.3.8 Azbil
