Market Overview:
The global pressure gage market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The absolute pressure type segment is expected to dominate the market in terms of revenue share, followed by the gauge pressure type and vacuum type segments. The altimeter application segment is estimated to account for the largest share of the global pressure gage market in 2018, followed by barometer, MAP sensor, pitot tube and sphygmomanometer applications. North America accounted for the largest share of the global pressure gage market in 2017 and it is projected to maintain its dominance during the forecast period.
Product Definition:
A pressure gage is a device used to measure the pressure of a fluid or gas. Pressure is an important parameter in many engineering applications.
Absolute Pressure Type:
Absolute pressure type is a gage that measures the internal pressure of a process or system. It can measure the total working pressure, vacuum, or any other high-pressure environment. Absolute Pressure Gages are used in various industries such as chemical plants, refineries and oil fields among others where it's output is required to be within legal limits (ULPA).
The global absolute pressure type market size was valued at USD 1.8 billion in 2016.
Gauge Pressure Type:
Gauge pressure type is used to measure the internal pressure of a container. It can be either mechanical or electrical depending on the range and accuracy requirements.
Application Insights:
MAP sensor was the largest application segment in 2017 and is projected to grow at a CAGR of XX% over the forecast period. The development of automotive and industrial sectors in various countries has resulted in an increased demand for pressure sensors, which is expected to drive growth over the coming years.
The barometer application segment was valued at USD 527 million in 2017 owing to its wide applications including weather forecasting, air pressure measurement, altitude adjustment on aircrafts and automobiles among others. Thealtimeter application segment is estimated to witness significant growth during the forecast period owingto its rising use by pilots for measuring height above sea level (HASL).
Altimeter plays an important role as a instrument used by pilots for determining if their plane or helicopter has enough oxygen left so that they can safely return back home or not.
Regional Analysis:
North America was the dominant regional market in 2017. The region is expected to maintain its position through 2030. North America has a well-established healthcare industry, which has led to high product demand from medical and healthcare applications. Moreover, the presence of major key players such as Honeywell International Inc.; Emerson Electric Co.; and Johnson Controls in this region is also contributing towards market growth.
Asia Pacific is anticipated to be the fastest-growing regional pressure gage market over the forecast period owing to rising product adoption for industrial applications such as chemical processing, oil & gas exploration, mining etc., especially in emerging economies such as China and India along with other countries including South Korea, Indonesia etc. In addition there are several ongoing construction activities across Asia Pacific that will drive product demand further boosting growth prospects for pressure gages manufacturers over this period of time span (2018 - 2030).
Growth Factors:
- Increasing demand from the end-user industries
- Growing awareness about the benefits of pressure gauges
- Technological advancements in pressure gauges manufacturing process
- Rising demand for precision and accuracy in pressure measurements
- Growing popularity of digital pressure gauges
Scope Of The Report
Report Attributes
Report Details
Report Title
Pressure Gage Market Research Report
By Type
Absolute Pressure Type, Gauge Pressure Type, Vacuum Type
By Application
Altimeter, Barometer, MAP sensor, Pitot tube, Sphygmomanometer
By Companies
Ashcroft, WIKA, Omega Engineering, Ametek, Emerson, Ashcroft, Baumer, Dwyer Instruments, Fluke, Honeywell, Watts Premier, Parker Hannifin
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Pressure Gage Market Report Segments:
The global Pressure Gage market is segmented on the basis of:
Types
Absolute Pressure Type, Gauge Pressure Type, Vacuum Type
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
Altimeter, Barometer, MAP sensor, Pitot tube, Sphygmomanometer
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:
- Ashcroft
- WIKA
- Omega Engineering
- Ametek
- Emerson
- Ashcroft
- Baumer
- Dwyer Instruments
- Fluke
- Honeywell
- Watts Premier
- Parker Hannifin
Highlights of The Pressure Gage 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:
- Absolute Pressure Type
- Gauge Pressure Type
- Vacuum Type
- By Application:
- Altimeter
- Barometer
- MAP sensor
- Pitot tube
- Sphygmomanometer
- 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 Gage 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 gage is a device that measures the pressure inside a container.
Some of the key players operating in the pressure gage market are Ashcroft, WIKA, Omega Engineering, Ametek, Emerson, Ashcroft, Baumer, Dwyer Instruments, Fluke, Honeywell, Watts Premier, Parker Hannifin.
The pressure gage market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pressure Gage Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pressure Gage Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pressure Gage Market - Supply Chain
4.5. Global Pressure Gage Market Forecast
4.5.1. Pressure Gage Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pressure Gage Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pressure Gage Market Absolute $ Opportunity
5. Global Pressure Gage Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pressure Gage Market Size and Volume Forecast by Type
5.3.1. Absolute Pressure Type
5.3.2. Gauge Pressure Type
5.3.3. Vacuum Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pressure Gage Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pressure Gage Market Size and Volume Forecast by Application
6.3.1. Altimeter
6.3.2. Barometer
6.3.3. MAP sensor
6.3.4. Pitot tube
6.3.5. Sphygmomanometer
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pressure Gage Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pressure Gage Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pressure Gage Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pressure Gage Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pressure Gage Demand Share Forecast, 2019-2029
9. North America Pressure Gage Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pressure Gage Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pressure Gage Market Size and Volume Forecast by Application
9.4.1. Altimeter
9.4.2. Barometer
9.4.3. MAP sensor
9.4.4. Pitot tube
9.4.5. Sphygmomanometer
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pressure Gage Market Size and Volume Forecast by Type
9.7.1. Absolute Pressure Type
9.7.2. Gauge Pressure Type
9.7.3. Vacuum Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pressure Gage Demand Share Forecast, 2019-2029
10. Latin America Pressure Gage Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pressure Gage Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pressure Gage Market Size and Volume Forecast by Application
10.4.1. Altimeter
10.4.2. Barometer
10.4.3. MAP sensor
10.4.4. Pitot tube
10.4.5. Sphygmomanometer
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pressure Gage Market Size and Volume Forecast by Type
10.7.1. Absolute Pressure Type
10.7.2. Gauge Pressure Type
10.7.3. Vacuum Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pressure Gage Demand Share Forecast, 2019-2029
11. Europe Pressure Gage Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pressure Gage Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pressure Gage Market Size and Volume Forecast by Application
11.4.1. Altimeter
11.4.2. Barometer
11.4.3. MAP sensor
11.4.4. Pitot tube
11.4.5. Sphygmomanometer
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pressure Gage Market Size and Volume Forecast by Type
11.7.1. Absolute Pressure Type
11.7.2. Gauge Pressure Type
11.7.3. Vacuum Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y--Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pressure Gage Demand Share, 2019-2029
12. Asia Pacific Pressure Gage Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pressure Gage Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pressure Gage Market Size and Volume Forecast by Application
12.4.1. Altimeter
12.4.2. Barometer
12.4.3. MAP sensor
12.4.4. Pitot tube
12.4.5. Sphygmomanometer
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pressure Gage Market Size and Volume Forecast by Type
12.7.1. Absolute Pressure Type
12.7.2. Gauge Pressure Type
12.7.3. Vacuum Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pressure Gage Demand Share, 2019-2029
13. Middle East & Africa Pressure Gage Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pressure Gage Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pressure Gage Market Size and Volume Forecast by Application
13.4.1. Altimeter
13.4.2. Barometer
13.4.3. MAP sensor
13.4.4. Pitot tube
13.4.5. Sphygmomanometer
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pressure Gage Market Size and Volume Forecast by Type
13.7.1. Absolute Pressure Type
13.7.2. Gauge Pressure Type
13.7.3. Vacuum Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pressure Gage Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Pressure Gage Market: Market Share Analysis
14.2. Pressure Gage Distributors and Customers
14.3. Pressure Gage Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ashcroft
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. WIKA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Omega Engineering
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ametek
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Emerson
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ashcroft
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Baumer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dwyer Instruments
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fluke
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Honeywell
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Watts Premier
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Parker Hannifin
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
