Market Overview:
The global ultra-high purity pressure switch gauge market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for semiconductor and electronic products, rising awareness about medical devices, and growing investments in research and development (R&D) activities. Based on type, the global ultra-high purity pressure switch gauge market is segmented into stainless steel 316 and stainless steel 316L. Stainless steel 316 is expected to account for a larger share of the market than stainless steel 316L during the forecast period. This can be attributed to its properties such as resistance against corrosion and high strength that make it suitable for use in applications such as semiconductors and electronics. Based on application, the global ultra-high purity pressure switch gauge market is segmented into semiconductor, electronic, medical, food & beverage processing, oil & gas production, water treatment plants & systems among others.
Product Definition:
An Ultra-High Purity Pressure Switch Gauge is used to measure and monitor the pressure of a gas or liquid in a system. It is important to use an Ultra-High Purity Pressure Switch Gauge in systems that require high levels of purity, as it can help ensure that the pressure remains consistent and does not contaminate the system.
Stainless Steel 316:
Stainless steel 316 is a type of stainless steel with composition of 16.9% nickel, 10.5% carbon and rest iron. It has higher carbon content than standard pressure-sensitive applications such as fasteners require high strength and are used in construction industry for fabrication of structural components such as beams, columns, etc., which requires good corrosion resistance along with other properties; it finds application in valves & fittings too due to its aesthetic appeal along with mechanical properties.
Stainless Steel 316L:
Stainless steel 316L is a type of stainless steel with composition of 16% nickel, 7.5% chromium and 69.3% iron, which offers excellent corrosion resistance and high thermal conductivity making it suitable for use in various applications including pressure gauge sensors in HVAC systems. The material has been gaining importance as an alternative to pure gold or platinum due to low cost compared to its counterparts coupled with easy availability from numerous sources including mills and recycling centers.
Application Insights:
The ultra-high purity pressure switch gauge market is segmented on the basis of application into semiconductor, electronic, medical and others. The electronic application segment accounted for a major share in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing demand for high-quality components in various end-use industries such as automotive, consumer electronics and telecoms.
Semiconductor manufacturers require ultra-high purity gauges owing to their stringent manufacturing processes that involve handling of highly volatile compounds such as silicon dioxide (SiO2) with low impurities levels. These compounds form the base layer of semiconductors used in integrated circuits or chips along with other materials like metals, polymers and insulators which complete their formation process during production of these devices at high temperatures ranging from 300°C to 450°C.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising production and consumption of semiconductors, electronic products, medical equipment & devices in this region. In addition, increasing foreign investments coupled with favorable government policies are anticipated to drive industry expansion over the next eight years.
The Asia Pacific was followed by Europe in terms of revenue and is also anticipated to grow at a significant rate during the forecast period owing mainly to high demand from end-use industries such as electronics and automotive. Growing production bases for automobiles including Volkswagen Group; BMW Group; Mercedes Benz AG; Jaguar Land Rover Limited; Fiat Chrysler Automobiles N.V.; PSA Peugeot Citroen S.A.; Ford Motor Company Ltd., etc., are likely boost product demand across Europe during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for ultra-high purity pressure switch gauges from the semiconductor and pharmaceutical industries due to the need for high accuracy and reliability.
- Growing popularity of ultra-high purity pressure switch gauges in research and development laboratories due to their ability to measure very low pressures accurately.
- Rising demand for ultra-high purity pressure switch gauges in process control applications across a range of industries owing to their superior performance characteristics.
- Technological advancements that have led to the development of more advanced and reliable ultra-high purity pressure switch gauges, driving their adoption in a wider range of applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultra-High Purity Pressure Switch Gauge Market Research Report
By Type
Stainless Steel 316, Stainless Steel 316L, Others
By Application
Semiconductor, Electronic, Medical, Others
By Companies
WISE, WIKA Instrument, LP, Brooks Instrument, Nissan Tanaka Corporation, Whitman Controls, Omega, United Electric(Precision Sensors), AMETEK
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Ultra-High Purity Pressure Switch Gauge Market Report Segments:
The global Ultra-High Purity Pressure Switch Gauge market is segmented on the basis of:
Types
Stainless Steel 316, Stainless Steel 316L, 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
Semiconductor, Electronic, Medical, 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:
- WISE
- WIKA Instrument, LP
- Brooks Instrument
- Nissan Tanaka Corporation
- Whitman Controls
- Omega
- United Electric(Precision Sensors)
- AMETEK
Highlights of The Ultra-High Purity Pressure Switch Gauge 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:
- Stainless Steel 316
- Stainless Steel 316L
- Others
- By Application:
- Semiconductor
- Electronic
- Medical
- 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 Ultra-High Purity Pressure Switch Gauge 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
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- Product & Brand Management
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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?
Ultra-High Purity Pressure Switch Gauge is a gauge that measures the pressure of ultra-high purity gases.
Some of the major companies in the ultra-high purity pressure switch gauge market are WISE, WIKA Instrument, LP, Brooks Instrument, Nissan Tanaka Corporation, Whitman Controls, Omega, United Electric(Precision Sensors), AMETEK.
The ultra-high purity pressure switch gauge 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 Ultra-High Purity Pressure Switch Gauge 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 Ultra-High Purity Pressure Switch Gauge Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultra-High Purity Pressure Switch Gauge 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 Ultra-High Purity Pressure Switch Gauge 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 Ultra-High Purity Pressure Switch Gauge Market Size & Forecast, 2020-2028
4.5.1 Ultra-High Purity Pressure Switch Gauge Market Size and Y-o-Y Growth
4.5.2 Ultra-High Purity Pressure Switch Gauge 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 Stainless Steel 316
5.2.2 Stainless Steel 316L
5.2.3 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 Semiconductor
6.2.2 Electronic
6.2.3 Medical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultra-High Purity Pressure Switch Gauge 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 Ultra-High Purity Pressure Switch Gauge 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 Stainless Steel 316
9.6.2 Stainless Steel 316L
9.6.3 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 Semiconductor
9.10.2 Electronic
9.10.3 Medical
9.10.4 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 Stainless Steel 316
10.6.2 Stainless Steel 316L
10.6.3 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 Semiconductor
10.10.2 Electronic
10.10.3 Medical
10.10.4 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 Stainless Steel 316
11.6.2 Stainless Steel 316L
11.6.3 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 Semiconductor
11.10.2 Electronic
11.10.3 Medical
11.10.4 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 Stainless Steel 316
12.6.2 Stainless Steel 316L
12.6.3 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 Semiconductor
12.10.2 Electronic
12.10.3 Medical
12.10.4 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 Stainless Steel 316
13.6.2 Stainless Steel 316L
13.6.3 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 Semiconductor
13.10.2 Electronic
13.10.3 Medical
13.10.4 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 Ultra-High Purity Pressure Switch Gauge Market: Competitive Dashboard
14.2 Global Ultra-High Purity Pressure Switch Gauge Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WISE
14.3.2 WIKA Instrument, LP
14.3.3 Brooks Instrument
14.3.4 Nissan Tanaka Corporation
14.3.5 Whitman Controls
14.3.6 Omega
14.3.7 United Electric(Precision Sensors)
14.3.8 AMETEK
