Market Overview:
The global pressure transmitters and transducers 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 pressure transmitters and transducers in various applications, such as medical, chemical and petrochemicals, aerospace and defense, oil and gas, among others. In addition, the growing demand for miniaturized pressure transmitters is also contributing to the growth of this market.
Product Definition:
A pressure transmitter converts a pressure measurement into an electrical signal. A transducer is a device that converts one form of energy into another.
Piezoresistive Pressure Transducer:
Piezoresistive pressure transducer is a device that converts applied mechanical stress into electrical energy. Piezoresistive Pressure Transducers (PPT) are used in applications where high-precision measurement of force, displacement or pressure is required. The most important application of piezoresistive transducers includes measuring the flow rate and viscosity in liquids and gases.
Piezoelectric Pressure Transducer:
Piezoelectric pressure transducer is a device that converts the mechanical stress or force into electricity. It's main applications are in accelerometers, sensors for position and temperature, ultrasound imaging systems and gyroscopes. Piezoelectricity produced by piezoceramics is used in various industrial instruments such as strain gauge sensors, capacitive touch sensor arrays and electromagnetic interference (EMI) filters.
Application Insights:
The market is segmented on the basis of application into medical, chemical and petrochemicals, aerospace and defense, oil and gas, pulp and paper mills, food processing plants among other industries. The oil & gas industry accounted for a major share in 2017 owing to the rising demand for pressure transmitters in hydraulic fracturing operations. Moreover, increasing investments by companies such as StatoilHydro ASA; Eni SPA; Repsol YPF; Royal Dutch Shell plc among others are expected to propel product demand over the forecast period.
The pulp & paper industry is anticipated to witness significant growth over the forecast period due to rapid urbanization coupled with an increase in production of newsprint across several countries including China India Indonesia Brazil Thailand Colombia etc. Furthermore rapid technological advancements have also enabled this industry produce high quality print media at lower costs which will further boost market growth during the estimated time span.
Regional Analysis:
North America was the largest market for pressure transmitters and transducers in 2016. The region is expected to maintain its position during the forecast period. Increasing oil and gas exploration activities in North America are expected to drive product demand over the next eight years. In addition, growing use of these products in chemical processing applications is anticipated to propel growth over the same period.
Europe accounted for a significant share of global revenue owing to high penetration of industrial automation across numerous manufacturing industries within Europe coupled with rising adoption across several other end-use sectors such as medical, aerospace and defense among others.
Growth Factors:
- Increasing demand from the process industries for accurate and reliable pressure measurements
- Growing popularity of smart transmitters that can provide real-time data and help optimize operations
- Proliferation of Internet of Things (IoT) and big data analytics, which is driving the need for more sensors and transducers to collect data
- Development of new materials and technologies that improve performance or reduce cost 5. Growing demand from emerging markets such as China, India, Brazil, etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Pressure Transmitters and Transducers Market Research Report
By Type
Piezoresistive Pressure Transducer, Piezoelectric Pressure Transducer, Other
By Application
Medical, Chemical and Petrochemicals, Aerospace and Defense, Oil and Gas, Other
By Companies
Spectris, Hitec Products, LCM Systems, WIKA Instruments, Zemic Group, Emerson, TE Connectivity, Testo, Apollo Electronics, ifm electronic, Danfoss
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Pressure Transmitters and Transducers Market Report Segments:
The global Pressure Transmitters and Transducers market is segmented on the basis of:
Types
Piezoresistive Pressure Transducer, Piezoelectric Pressure Transducer, 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
Medical, Chemical and Petrochemicals, Aerospace and Defense, Oil and Gas, 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:
- Spectris
- Hitec Products
- LCM Systems
- WIKA Instruments
- Zemic Group
- Emerson
- TE Connectivity
- Testo
- Apollo Electronics
- ifm electronic
- Danfoss
Highlights of The Pressure Transmitters and Transducers 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:
- Piezoresistive Pressure Transducer
- Piezoelectric Pressure Transducer
- Other
- By Application:
- Medical
- Chemical and Petrochemicals
- Aerospace and Defense
- Oil and Gas
- 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 Transmitters and Transducers 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?
Pressure transmitters and transducers are devices that convert pressure into an electrical signal. This signal can then be used to control various devices, such as valves or pumps.
Some of the major companies in the pressure transmitters and transducers market are Spectris, Hitec Products, LCM Systems, WIKA Instruments, Zemic Group, Emerson, TE Connectivity, Testo, Apollo Electronics, ifm electronic, Danfoss.
The pressure transmitters and transducers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pressure Transmitters and Transducers 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 Transmitters and Transducers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pressure Transmitters and Transducers Market - Supply Chain
4.5. Global Pressure Transmitters and Transducers Market Forecast
4.5.1. Pressure Transmitters and Transducers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pressure Transmitters and Transducers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pressure Transmitters and Transducers Market Absolute $ Opportunity
5. Global Pressure Transmitters and Transducers 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 Transmitters and Transducers Market Size and Volume Forecast by Type
5.3.1. Piezoresistive Pressure Transducer
5.3.2. Piezoelectric Pressure Transducer
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pressure Transmitters and Transducers 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 Transmitters and Transducers Market Size and Volume Forecast by Application
6.3.1. Medical
6.3.2. Chemical and Petrochemicals
6.3.3. Aerospace and Defense
6.3.4. Oil and Gas
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pressure Transmitters and Transducers 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 Transmitters and Transducers 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 Transmitters and Transducers 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 Transmitters and Transducers 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 Transmitters and Transducers Demand Share Forecast, 2019-2026
9. North America Pressure Transmitters and Transducers 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 Transmitters and Transducers 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 Transmitters and Transducers Market Size and Volume Forecast by Application
9.4.1. Medical
9.4.2. Chemical and Petrochemicals
9.4.3. Aerospace and Defense
9.4.4. Oil and Gas
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pressure Transmitters and Transducers Market Size and Volume Forecast by Type
9.7.1. Piezoresistive Pressure Transducer
9.7.2. Piezoelectric Pressure Transducer
9.7.3. Other
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 Transmitters and Transducers Demand Share Forecast, 2019-2026
10. Latin America Pressure Transmitters and Transducers 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 Transmitters and Transducers 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 Transmitters and Transducers Market Size and Volume Forecast by Application
10.4.1. Medical
10.4.2. Chemical and Petrochemicals
10.4.3. Aerospace and Defense
10.4.4. Oil and Gas
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pressure Transmitters and Transducers Market Size and Volume Forecast by Type
10.7.1. Piezoresistive Pressure Transducer
10.7.2. Piezoelectric Pressure Transducer
10.7.3. Other
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 Transmitters and Transducers Demand Share Forecast, 2019-2026
11. Europe Pressure Transmitters and Transducers 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 Transmitters and Transducers 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 Transmitters and Transducers Market Size and Volume Forecast by Application
11.4.1. Medical
11.4.2. Chemical and Petrochemicals
11.4.3. Aerospace and Defense
11.4.4. Oil and Gas
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pressure Transmitters and Transducers Market Size and Volume Forecast by Type
11.7.1. Piezoresistive Pressure Transducer
11.7.2. Piezoelectric Pressure Transducer
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-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 Transmitters and Transducers Demand Share, 2019-2026
12. Asia Pacific Pressure Transmitters and Transducers 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 Transmitters and Transducers 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 Transmitters and Transducers Market Size and Volume Forecast by Application
12.4.1. Medical
12.4.2. Chemical and Petrochemicals
12.4.3. Aerospace and Defense
12.4.4. Oil and Gas
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pressure Transmitters and Transducers Market Size and Volume Forecast by Type
12.7.1. Piezoresistive Pressure Transducer
12.7.2. Piezoelectric Pressure Transducer
12.7.3. Other
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 Transmitters and Transducers Demand Share, 2019-2026
13. Middle East & Africa Pressure Transmitters and Transducers 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 Transmitters and Transducers 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 Transmitters and Transducers Market Size and Volume Forecast by Application
13.4.1. Medical
13.4.2. Chemical and Petrochemicals
13.4.3. Aerospace and Defense
13.4.4. Oil and Gas
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pressure Transmitters and Transducers Market Size and Volume Forecast by Type
13.7.1. Piezoresistive Pressure Transducer
13.7.2. Piezoelectric Pressure Transducer
13.7.3. Other
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 Transmitters and Transducers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pressure Transmitters and Transducers Market: Market Share Analysis
14.2. Pressure Transmitters and Transducers Distributors and Customers
14.3. Pressure Transmitters and Transducers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Spectris
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hitec Products
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LCM Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. WIKA Instruments
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zemic Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Emerson
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TE Connectivity
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Testo
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Apollo Electronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ifm electronic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Danfoss
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
