Market Overview:
The global industrial 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 industrial gauges from various end-use industries, such as hydraulic systems, pumps, compressors, boilers and others. In addition, the growing demand for smart and digital industrial gauges is also contributing to the growth of this market. Based on type, the global industrial gauges market can be segmented into pressure gauges and temperature gauges. The pressure gauge segment is expected to account for a larger share of the global industrial gauge market than the temperature gauge segment during the forecast period.
Product Definition:
Industrial gauges are used to measure various industrial process variables such as pressure, temperature, level, and flow. They are important for monitoring and controlling industrial processes.
Pressure Gauges:
Pressure gauges are instruments used to measure the pressure in liquids and gases. They are also used for monitoring the vacuum level in equipment such as pumps, engines, compressors and storage tanks among others. Pressure gauges work on mechanical principle of Archimedes' screw where a float valve is attached to an upstream device which increases pressure inside the instrument and can be read through a transparent window by observing its movement.
Temperature Gauges:
Temperature gauges are instruments used to measure and indicate the temperature of an object. They can be either analog or digital depending on the type of sensor used in them. The most commonly used sensors are thermocouples, which consist of two wires that carry a small amount of heat away from their body; this causes a change in resistance and is detected by the gauge.
Application Insights:
The others application segment includes air pressure gauges, flow meters, level measurement devices and vacuum pumps. The gauge is used to measure the air pressure in various industries such as automotive, aerospace and defense among others. It is also used to measure the static or moving air pressure for ventilation purposes or for cooling/heating applications.
Pumps are widely used in various industries such as oil & gas; water & wastewater; pulp & paper; mining among others. These types of pumps require a certain amount of fluid to move a certain amount of mass through the pipes which can be measured using an industrial gauge called ¢â‚¬Å“pump capacity¢â‚¬ type that displays the volume of liquid moved per unit time (volume/time).
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 rapid industrialization, which has led to an increasing demand for gauges. China, India, Japan, South Korea are some of the major economies that have been experiencing strong economic growth over the past few years.
The growing manufacturing sector in these countries coupled with advancements in technology is anticipated to drive industry expansion across various application sectors such as hydraulic systems and pumps among others.
Europe was estimated as being a prominent regional market with Germany being its largest contributor on account of technological innovations along with high awareness regarding energy conservation practices observed thereon across other European countries such as France and U.K.
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing demand for smart industrial gauges
- Rising popularity of Internet of Things (IoT) in industrial sector
- Proliferation of Industry 4.0 across different industries
- Growing awareness about benefits of using industrial gauges
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Gauges Market Research Report
By Type
Pressure Gauges, Temperature Gauges
By Application
Hydraulic systems, Pumps, Compressors, Boilers, Others
By Companies
ENFM USA. Inc, Pyrosales Pty Ltd, WIKA Instrument, LP, Ashcroft Inc., Winters Instruments Limited, KOBOLD Messring GmbH, Baumer Holding AG, Grainger, Inc, Granville - Phillips Company, H.O. Trerice Co., ENFM USA. Inc
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Gauges Market Report Segments:
The global Industrial Gauges market is segmented on the basis of:
Types
Pressure Gauges, Temperature 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 systems, Pumps, Compressors, Boilers, 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:
- ENFM USA. Inc
- Pyrosales Pty Ltd
- WIKA Instrument, LP
- Ashcroft Inc.
- Winters Instruments Limited
- KOBOLD Messring GmbH
- Baumer Holding AG
- Grainger, Inc
- Granville - Phillips Company
- H.O. Trerice Co.
- ENFM USA. Inc
Highlights of The Industrial 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:
- Pressure Gauges
- Temperature Gauges
- By Application:
- Hydraulic systems
- Pumps
- Compressors
- Boilers
- 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 Industrial 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.
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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?
Industrial gauges are used in industrial settings to measure the size, weight, and other characteristics of objects.
Some of the key players operating in the industrial gauges market are ENFM USA. Inc, Pyrosales Pty Ltd, WIKA Instrument, LP, Ashcroft Inc., Winters Instruments Limited, KOBOLD Messring GmbH, Baumer Holding AG, Grainger, Inc, Granville - Phillips Company, H.O. Trerice Co., ENFM USA. Inc.
The industrial gauges 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 Industrial 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 Industrial Gauges Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial 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 Industrial 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 Industrial Gauges Market Size & Forecast, 2020-2028
4.5.1 Industrial Gauges Market Size and Y-o-Y Growth
4.5.2 Industrial 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 Pressure Gauges
5.2.2 Temperature 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 systems
6.2.2 Pumps
6.2.3 Compressors
6.2.4 Boilers
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial 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 Industrial 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 Pressure Gauges
9.6.2 Temperature 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 systems
9.10.2 Pumps
9.10.3 Compressors
9.10.4 Boilers
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 Pressure Gauges
10.6.2 Temperature 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 systems
10.10.2 Pumps
10.10.3 Compressors
10.10.4 Boilers
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 Pressure Gauges
11.6.2 Temperature 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 systems
11.10.2 Pumps
11.10.3 Compressors
11.10.4 Boilers
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 Pressure Gauges
12.6.2 Temperature 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 systems
12.10.2 Pumps
12.10.3 Compressors
12.10.4 Boilers
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 Pressure Gauges
13.6.2 Temperature 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 systems
13.10.2 Pumps
13.10.3 Compressors
13.10.4 Boilers
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 Industrial Gauges Market: Competitive Dashboard
14.2 Global Industrial Gauges Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ENFM USA. Inc
14.3.2 Pyrosales Pty Ltd
14.3.3 WIKA Instrument, LP
14.3.4 Ashcroft Inc.
14.3.5 Winters Instruments Limited
14.3.6 KOBOLD Messring GmbH
14.3.7 Baumer Holding AG
14.3.8 Grainger, Inc
14.3.9 Granville - Phillips Company
14.3.10 H.O. Trerice Co.
14.3.11 ENFM USA. Inc
