Market Overview:
The global instrumentation sensors for fluid power 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 advanced and reliable sensors in various industries such as water treatment, chemical, oil and gas, food and beverage, pulp and paper, pharmaceuticals, among others. In addition, the growing awareness about safety and security is also propelling the growth of this market. On the basis of type, flow sensors are expected to hold a major share of the global instrumentation sensors for fluid power market during the forecast period. This can be attributed to their ability to detect minute changes in flow rate which makes them suitable for use in critical applications such as water treatment and oil & gas industry. Pressure sensors are also anticipated to witness significant growth during the forecast period owing to their ability detect even small changes in pressure that could have an impact on process operations.
Product Definition:
Instrumentation sensors for fluid power are devices that measure parameters such as pressure, flow, and temperature. They are used to optimize the performance of fluid power systems by providing feedback on the status of the system.
Flow Sensors:
Flow sensors are used to measure the flow rate of a liquid or fluid. They are widely used in industries such as chemical, food & beverage, pharmaceuticals and power generation for various applications. Flow sensors have gained popularity owing to their ability to provide accurate and reliable measurement of liquids at high speed with minimum maintenance.
Pressure Sensors:
Pressure sensors are used in instrumentation for fluid power applications. They are also used in process control and automation systems. The increasing demand for industrial automation is expected to drive the market over the forecast period.
The growing need for pressure sensors with high accuracy, linearity, and stability has led to an increase in their cost of operation which may hinder the market growth over the forecast period.
Application Insights:
The chemical industry accounted for the largest revenue share in 2015 and is expected to continue leading over the forecast period. The growth of this industry can be attributed to increasing demand for chemicals across various end-use industries such as construction, automotive, packaging, etc. Furthermore, growing investments in research & development by major companies are expected to drive the segment further.
The power and energy application segment is projected to witness significant growth over the forecast period owing to rising demand from emerging economies such as China India Japan South Korea Saudi Arabia Brazil etcetera for power generation plants fueled by fossil fuels which leads directly into increased usage of GIS sensors due these countries need more precise instrumentation technology than conventional technologies provide resulting in high market penetration globally.
Regional Analysis:
Europe dominated the global instrumentation sensors for fluid power market and accounted for over 30% of the total revenue share in 2016. The presence of stringent regulations pertaining to water treatment, chemical manufacturing, power generation and other industries are some major factors responsible for its large share. Moreover, Europe is one of the prominent regions regarding technological advancements in terms of instrumentation sensors used in industrial applications.
The Asia Pacific region is expected to witness a high growth rate due to increasing awareness regarding energy conservation among end-users coupled with rising demand from residential sector especially in developing countries such as China and India will drive this industry at a significant pace over the forecast period. Furthermore, growing investments by governments across various sectors including oil & gas; mining; food & beverage; pharmaceuticals are anticipated to boost product demand across this region during the forecast period ‰ttelysis Energy Ltd.; SGS SA.; Honeywell International Inc.
Growth Factors:
- Increasing demand for advanced sensors in fluid power systems to improve performance and efficiency
- Growing popularity of hydraulic and pneumatic systems in industrial applications
- Rising demand for smart sensors that can provide real-time data analysis and feedback
- Proliferation of Internet of Things (IoT) across various industries
- Increasing investments in research and development to develop new and innovative sensor technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Instrumentation Sensors for Fluid Power Market Research Report
By Type
Flow Sensors, Pressure Sensors, Level Sensors, Temperature Sensors, Other
By Application
Water Treatment Industry, Chemical Industry, Power and Energy Industry, Food and Beverage Industry, Oil and Gas Industry, Pulp and Paper Industry, Pharmaceutical Industry, Other
By Companies
GE, Emerson, ABB, Siemens, Vega, Invensys, Honeywell, Endress+Hauser, Schneider Electric, Krohne, Yokogawa, Magnetrol, Hawk, Parker Hannifin, Pepperl + Fuchs
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 Instrumentation Sensors for Fluid Power Market Report Segments:
The global Instrumentation Sensors for Fluid Power market is segmented on the basis of:
Types
Flow Sensors, Pressure Sensors, Level Sensors, Temperature Sensors, Other
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
Water Treatment Industry, Chemical Industry, Power and Energy Industry, Food and Beverage Industry, Oil and Gas Industry, Pulp and Paper Industry, Pharmaceutical Industry, Other
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:
- GE
- Emerson
- ABB
- Siemens
- Vega
- Invensys
- Honeywell
- Endress+Hauser
- Schneider Electric
- Krohne
- Yokogawa
- Magnetrol
- Hawk
- Parker Hannifin
- Pepperl + Fuchs
Highlights of The Instrumentation Sensors for Fluid Power 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:
- Flow Sensors
- Pressure Sensors
- Level Sensors
- Temperature Sensors
- Other
- By Application:
- Water Treatment Industry
- Chemical Industry
- Power and Energy Industry
- Food and Beverage Industry
- Oil and Gas Industry
- Pulp and Paper Industry
- Pharmaceutical Industry
- Other
- 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 Instrumentation Sensors for Fluid Power 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?
Instrumentation sensors are used to measure various parameters of fluid power systems. These sensors can be used to monitor system performance, diagnose and troubleshoot problems, and optimize the system.
Some of the major players in the instrumentation sensors for fluid power market are GE, Emerson, ABB, Siemens, Vega, Invensys, Honeywell, Endress+Hauser, Schneider Electric, Krohne, Yokogawa, Magnetrol, Hawk, Parker Hannifin, Pepperl + Fuchs.
The instrumentation sensors for fluid power 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 Instrumentation Sensors for Fluid Power 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 Instrumentation Sensors for Fluid Power Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Instrumentation Sensors for Fluid Power 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 Instrumentation Sensors for Fluid Power 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 Instrumentation Sensors for Fluid Power Market Size & Forecast, 2018-2028 4.5.1 Instrumentation Sensors for Fluid Power Market Size and Y-o-Y Growth 4.5.2 Instrumentation Sensors for Fluid Power Market Absolute $ Opportunity
Chapter 5 Global Instrumentation Sensors for Fluid Power 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 Instrumentation Sensors for Fluid Power Market Size Forecast by Type
5.2.1 Flow Sensors
5.2.2 Pressure Sensors
5.2.3 Level Sensors
5.2.4 Temperature Sensors
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Instrumentation Sensors for Fluid Power 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 Instrumentation Sensors for Fluid Power Market Size Forecast by Applications
6.2.1 Water Treatment Industry
6.2.2 Chemical Industry
6.2.3 Power and Energy Industry
6.2.4 Food and Beverage Industry
6.2.5 Oil and Gas Industry
6.2.6 Pulp and Paper Industry
6.2.7 Pharmaceutical Industry
6.2.8 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Instrumentation Sensors for Fluid Power 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 Instrumentation Sensors for Fluid Power 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 Instrumentation Sensors for Fluid Power Analysis and Forecast
9.1 Introduction
9.2 North America Instrumentation Sensors for Fluid Power 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 Instrumentation Sensors for Fluid Power Market Size Forecast by Type
9.6.1 Flow Sensors
9.6.2 Pressure Sensors
9.6.3 Level Sensors
9.6.4 Temperature Sensors
9.6.5 Other
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 Instrumentation Sensors for Fluid Power Market Size Forecast by Applications
9.10.1 Water Treatment Industry
9.10.2 Chemical Industry
9.10.3 Power and Energy Industry
9.10.4 Food and Beverage Industry
9.10.5 Oil and Gas Industry
9.10.6 Pulp and Paper Industry
9.10.7 Pharmaceutical Industry
9.10.8 Other
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 Instrumentation Sensors for Fluid Power Analysis and Forecast
10.1 Introduction
10.2 Europe Instrumentation Sensors for Fluid Power 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 Instrumentation Sensors for Fluid Power Market Size Forecast by Type
10.6.1 Flow Sensors
10.6.2 Pressure Sensors
10.6.3 Level Sensors
10.6.4 Temperature Sensors
10.6.5 Other
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 Instrumentation Sensors for Fluid Power Market Size Forecast by Applications
10.10.1 Water Treatment Industry
10.10.2 Chemical Industry
10.10.3 Power and Energy Industry
10.10.4 Food and Beverage Industry
10.10.5 Oil and Gas Industry
10.10.6 Pulp and Paper Industry
10.10.7 Pharmaceutical Industry
10.10.8 Other
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 Instrumentation Sensors for Fluid Power Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Instrumentation Sensors for Fluid Power 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 Instrumentation Sensors for Fluid Power Market Size Forecast by Type
11.6.1 Flow Sensors
11.6.2 Pressure Sensors
11.6.3 Level Sensors
11.6.4 Temperature Sensors
11.6.5 Other
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 Instrumentation Sensors for Fluid Power Market Size Forecast by Applications
11.10.1 Water Treatment Industry
11.10.2 Chemical Industry
11.10.3 Power and Energy Industry
11.10.4 Food and Beverage Industry
11.10.5 Oil and Gas Industry
11.10.6 Pulp and Paper Industry
11.10.7 Pharmaceutical Industry
11.10.8 Other
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 Instrumentation Sensors for Fluid Power Analysis and Forecast
12.1 Introduction
12.2 Latin America Instrumentation Sensors for Fluid Power 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 Instrumentation Sensors for Fluid Power Market Size Forecast by Type
12.6.1 Flow Sensors
12.6.2 Pressure Sensors
12.6.3 Level Sensors
12.6.4 Temperature Sensors
12.6.5 Other
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 Instrumentation Sensors for Fluid Power Market Size Forecast by Applications
12.10.1 Water Treatment Industry
12.10.2 Chemical Industry
12.10.3 Power and Energy Industry
12.10.4 Food and Beverage Industry
12.10.5 Oil and Gas Industry
12.10.6 Pulp and Paper Industry
12.10.7 Pharmaceutical Industry
12.10.8 Other
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) Instrumentation Sensors for Fluid Power Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Instrumentation Sensors for Fluid Power 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) Instrumentation Sensors for Fluid Power Market Size Forecast by Type
13.6.1 Flow Sensors
13.6.2 Pressure Sensors
13.6.3 Level Sensors
13.6.4 Temperature Sensors
13.6.5 Other
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) Instrumentation Sensors for Fluid Power Market Size Forecast by Applications
13.10.1 Water Treatment Industry
13.10.2 Chemical Industry
13.10.3 Power and Energy Industry
13.10.4 Food and Beverage Industry
13.10.5 Oil and Gas Industry
13.10.6 Pulp and Paper Industry
13.10.7 Pharmaceutical Industry
13.10.8 Other
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 Instrumentation Sensors for Fluid Power Market: Competitive Dashboard
14.2 Global Instrumentation Sensors for Fluid Power Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Emerson
14.3.3 ABB
14.3.4 Siemens
14.3.5 Vega
14.3.6 Invensys
14.3.7 Honeywell
14.3.8 Endress+Hauser
14.3.9 Schneider Electric
14.3.10 Krohne
14.3.11 Yokogawa
14.3.12 Magnetrol
14.3.13 Hawk
14.3.14 Parker Hannifin
14.3.15 Pepperl + Fuchs