Market Overview:
The global pressure multiplier market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The pressure multiplier market is segmented on the basis of type, application and region. On the basis of type, the hydraulic pressure multiplier segment dominates the global pressure multiplier market with a share of more than 50% in terms of value in 2018. This can be attributed to its ability to multiply low-pressure fluid flow into high-pressure fluid flow without any loss in energy. On the other hand, barometric pressure multipliers are witnessing rapid growth due to their ability to handle high pressures and temperatures as well as being compact and lightweight. They are increasingly being used for applications such as industrial process control, automotive systems etc., where space constraints or weight limitations are an issue. In terms of application, industrial applications account for majority share (more than 60%)of the global demand for pressure multipliers in 2018. This can be attributedto growing need for efficient process control across various industries coupled with increasing adoptionof automation technologies worldwide .
Product Definition:
Pressure multiplier is a device that is used to increase the pressure of a fluid. It is important because it helps to create a higher pressure for the fluid, which can be helpful in many different applications.
Hydraulic:
The hydraulic is a closed-loop system, which consists of two main components: actuators and valves. The basic operation of the hydraulic system is to transfer the pressure from one point to another by using pumps, motors or turbines. It can be used in various industries such as oil & gas, mining & metals, power generation etc.
It's major application areas are in process industries such as chemical processing.
Barometric:
The barometric pressure is the atmospheric pressure at which the standard or average air of a given volume contains 31.7 PSI. The measurement is done with a mercury-filled, transparent, cylindrical tube called anemometer.
Application Insights:
The industrial application segment accounted for the largest share of over 40% in 2017. The industrial applications include oil & gas, chemical, manufacturing and construction sectors. Increasing investments in the infrastructure development across various developing countries including China, India and Brazil on account of increasing demand for energy and power is expected to drive product demand over the forecast period.
Automobile application segment is anticipated to witness significant growth at a CAGR of XX% from 2018 to 2030 owing to rising automotive production across key markets including China, U.S., Germany and Japan on account of increasing consumer spending capacity coupled with low interest rates has boosted product sales significantly over recent years as pressure Multiplier Kits (ProdKits).
Regional Analysis:
North America is expected to dominate the global market over the forecast period. The growth can be attributed to increasing government spending on defense and homeland security, which has resulted in increased production of pressure sensors and other related products. Europe accounted for a significant share in terms of revenue owing to high product demand from automobile manufacturers, who are incorporating these sensors into their vehicles’ instrument panels. Asia Pacific is projected to register the fastest CAGR during the forecast period due to rising investments by governments in infrastructure development projects, which will leadto an increase in industrial automation activities across various sectors such as oil & gas, manufacturing, food processing & packaging among others.
The Middle East & Africa market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for pressure multiplier in oil and gas industry for boosting production efficiency
- Rising popularity of pressure multiplier in metalworking and automotive industries for improving quality and productivity
- Growing demand from the construction sector owing to the increasing infrastructure development activities
- Proliferation of hydraulic fracturing technique that requires high-pressure equipment, which is supplied by pressure multipliers
- Technological advancements that have led to the development of more efficient and compact pressure multipliers
Scope Of The Report
Report Attributes
Report Details
Report Title
Pressure Multiplier Market Research Report
By Type
Hydraulic, Barometric
By Application
Industrial, Automobile, Other
By Companies
Eaton, Valeo, Mitsubishi Heavy Industries, Ltd., Tenneco, IHI, Rotrex, Aeristech, Automotive Technology Group, miniBOOSTER
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Pressure Multiplier Market Report Segments:
The global Pressure Multiplier market is segmented on the basis of:
Types
Hydraulic, Barometric
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
Industrial, Automobile, 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:
- Eaton
- Valeo
- Mitsubishi Heavy Industries, Ltd.
- Tenneco
- IHI
- Rotrex
- Aeristech
- Automotive Technology Group
- miniBOOSTER
Highlights of The Pressure Multiplier 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:
- Hydraulic
- Barometric
- By Application:
- Industrial
- Automobile
- 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 Pressure Multiplier 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 pressure multiplier is a device that increases the pressure inside a container.
Some of the major players in the pressure multiplier market are Eaton, Valeo, Mitsubishi Heavy Industries, Ltd., Tenneco, IHI, Rotrex, Aeristech, Automotive Technology Group, miniBOOSTER.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pressure Multiplier 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 Pressure Multiplier Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pressure Multiplier 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 Pressure Multiplier 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 Pressure Multiplier Market Size & Forecast, 2020-2028
4.5.1 Pressure Multiplier Market Size and Y-o-Y Growth
4.5.2 Pressure Multiplier 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 Hydraulic
5.2.2 Barometric
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 Industrial
6.2.2 Automobile
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pressure Multiplier 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 Pressure Multiplier 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 Hydraulic
9.6.2 Barometric
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 Industrial
9.10.2 Automobile
9.10.3 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 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 Hydraulic
10.6.2 Barometric
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 Industrial
10.10.2 Automobile
10.10.3 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 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 Hydraulic
11.6.2 Barometric
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 Industrial
11.10.2 Automobile
11.10.3 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 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 Hydraulic
12.6.2 Barometric
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 Industrial
12.10.2 Automobile
12.10.3 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) 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 Hydraulic
13.6.2 Barometric
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 Industrial
13.10.2 Automobile
13.10.3 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 Pressure Multiplier Market: Competitive Dashboard
14.2 Global Pressure Multiplier Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eaton
14.3.2 Valeo
14.3.3 Mitsubishi Heavy Industries, Ltd.
14.3.4 Tenneco
14.3.5 IHI
14.3.6 Rotrex
14.3.7 Aeristech
14.3.8 Automotive Technology Group
14.3.9 miniBOOSTER
