Market Overview:
The global solid state pressure switches 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 solid state pressure switches in various applications, such as pump and compressor, oil and gas, aerospace and military, among others. Additionally, the growing demand for digital pressure gauges is also contributing to the growth of this market.
Product Definition:
A solid state pressure switch is a device that uses electronic components to detect and measure the pressure of a fluid or gas. The device then sends this information to another component, such as a controller, which can use it to make decisions about how to operate equipment. Solid state pressure switches are used in many industries for tasks such as controlling the flow of fluids in pipelines, regulating air pressure in pneumatic systems, and monitoring hydraulic systems.
Dual Pressure Switch:
Dual pressure switch is a safety device used to protect the plant from high and low pressure situations. It consists of two independent switches, one for each pressure source. These devices are widely used in process industries such as petrochemical, chemical and food & beverage industry owing to their benefits such as protection against overpressure and underpressure situations respectively.
Pressure Transducer:
A pressure transducer is an electronic device that converts pressure variations into electrical signals. It is used in solid state switches for opening and closing the switch contacts. The size of a pressure transducer can determine its application in various industries such as oil & gas, food & beverage, chemical processing, pulp & paper and mining among others. Pressure Transducers are available in different forms such as diaphragm, membrane or mechanical type depending on the requirement of application.
Application Insights:
The market is segmented by application into pump and compressor, oil and gas, aerospace and military, power generation, chemical processing industry equipment manufacturing sector among others. The pump and compressor was the largest application segment in 2017. This large share can be attributed to the growing demand for HVAC systems in residential as well as commercial sectors across various regions of the world including North America, Europe, Asia Pacific etc.
Solid state pressure switches are used to protect compressors from damage due to over-speed or reverse flow of air caused due to blockage or failure of pipeline system resulting in low pressure condition which may cause permanent damage if not repaired/replaced timely thus increasing downtime significantly.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for pressure switches from various end-use industries, such as oil and gas, aerospace and military, food processing, water treatment. In addition, rising investments by governments in developing countries are anticipated to boost industrialization that will drive product demand further.
The Asia Pacific region is characterized by a large number of manufacturers with China being the largest country contributor followed by Japan. However Taiwan has been making significant progress owing to its strong R&D capabilities coupled with low labor cost which makes it an attractive place for many foreign players looking for production facilities outside of China mainland thus contributing significantly towards regional growth rate over past few years (2014-2017).
Europe was another major contributor in terms of revenue share as well as volume consumed within global solid state pressure switches market space accounting high consumption from oil.
Growth Factors:
- Increasing demand for energy efficient and reliable equipment in various industries
- Growing awareness about the benefits of using solid state pressure switches over traditional ones
- Rising investments in research and development to develop new and innovative products
- Rapid industrialization and urbanization across the globe
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid State Pressure Switches Market Research Report
By Type
Dual Pressure Switch, Pressure Transducer, Digital Pressure Gauge
By Application
Pump and Compressor, Oil and Gas, Aerospace and Military, Others
By Companies
OMEGA Engineering, Ametek, TE Connectivity, Gems Sensors and Controls, Keller, Air-Logic, Rockwell Automation, Barksdale
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Solid State Pressure Switches Market Report Segments:
The global Solid State Pressure Switches market is segmented on the basis of:
Types
Dual Pressure Switch, Pressure Transducer, Digital Pressure Gauge
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
Pump and Compressor, Oil and Gas, Aerospace and Military, 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:
- OMEGA Engineering
- Ametek
- TE Connectivity
- Gems Sensors and Controls
- Keller
- Air-Logic
- Rockwell Automation
- Barksdale
Highlights of The Solid State Pressure Switches 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:
- Dual Pressure Switch
- Pressure Transducer
- Digital Pressure Gauge
- By Application:
- Pump and Compressor
- Oil and Gas
- Aerospace and Military
- 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 Solid State Pressure Switches 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?
Solid State Pressure Switches are electronic switches that use solid state technology to control pressure. This makes them more reliable and efficient than traditional mechanical switches, which can wear out over time. They're also less likely to be affected by moisture or dust, making them ideal for high-traffic areas.
Some of the major companies in the solid state pressure switches market are OMEGA Engineering, Ametek, TE Connectivity, Gems Sensors and Controls, Keller, Air-Logic, Rockwell Automation, Barksdale.
The solid state pressure switches 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. Solid State Pressure Switches 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. Solid State Pressure Switches Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solid State Pressure Switches Market - Supply Chain
4.5. Global Solid State Pressure Switches Market Forecast
4.5.1. Solid State Pressure Switches Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solid State Pressure Switches Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solid State Pressure Switches Market Absolute $ Opportunity
5. Global Solid State Pressure Switches 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. Solid State Pressure Switches Market Size and Volume Forecast by Type
5.3.1. Dual Pressure Switch
5.3.2. Pressure Transducer
5.3.3. Digital Pressure Gauge
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solid State Pressure Switches 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. Solid State Pressure Switches Market Size and Volume Forecast by Application
6.3.1. Pump and Compressor
6.3.2. Oil and Gas
6.3.3. Aerospace and Military
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solid State Pressure Switches 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. Solid State Pressure Switches 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 Solid State Pressure Switches 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. Solid State Pressure Switches 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 Solid State Pressure Switches Demand Share Forecast, 2019-2026
9. North America Solid State Pressure Switches 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 Solid State Pressure Switches 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 Solid State Pressure Switches Market Size and Volume Forecast by Application
9.4.1. Pump and Compressor
9.4.2. Oil and Gas
9.4.3. Aerospace and Military
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solid State Pressure Switches Market Size and Volume Forecast by Type
9.7.1. Dual Pressure Switch
9.7.2. Pressure Transducer
9.7.3. Digital Pressure Gauge
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 Solid State Pressure Switches Demand Share Forecast, 2019-2026
10. Latin America Solid State Pressure Switches 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 Solid State Pressure Switches 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 Solid State Pressure Switches Market Size and Volume Forecast by Application
10.4.1. Pump and Compressor
10.4.2. Oil and Gas
10.4.3. Aerospace and Military
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solid State Pressure Switches Market Size and Volume Forecast by Type
10.7.1. Dual Pressure Switch
10.7.2. Pressure Transducer
10.7.3. Digital Pressure Gauge
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 Solid State Pressure Switches Demand Share Forecast, 2019-2026
11. Europe Solid State Pressure Switches 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 Solid State Pressure Switches 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 Solid State Pressure Switches Market Size and Volume Forecast by Application
11.4.1. Pump and Compressor
11.4.2. Oil and Gas
11.4.3. Aerospace and Military
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solid State Pressure Switches Market Size and Volume Forecast by Type
11.7.1. Dual Pressure Switch
11.7.2. Pressure Transducer
11.7.3. Digital Pressure Gauge
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 Solid State Pressure Switches Demand Share, 2019-2026
12. Asia Pacific Solid State Pressure Switches 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 Solid State Pressure Switches 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 Solid State Pressure Switches Market Size and Volume Forecast by Application
12.4.1. Pump and Compressor
12.4.2. Oil and Gas
12.4.3. Aerospace and Military
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solid State Pressure Switches Market Size and Volume Forecast by Type
12.7.1. Dual Pressure Switch
12.7.2. Pressure Transducer
12.7.3. Digital Pressure Gauge
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 Solid State Pressure Switches Demand Share, 2019-2026
13. Middle East & Africa Solid State Pressure Switches 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 Solid State Pressure Switches 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 Solid State Pressure Switches Market Size and Volume Forecast by Application
13.4.1. Pump and Compressor
13.4.2. Oil and Gas
13.4.3. Aerospace and Military
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solid State Pressure Switches Market Size and Volume Forecast by Type
13.7.1. Dual Pressure Switch
13.7.2. Pressure Transducer
13.7.3. Digital Pressure Gauge
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 Solid State Pressure Switches Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solid State Pressure Switches Market: Market Share Analysis
14.2. Solid State Pressure Switches Distributors and Customers
14.3. Solid State Pressure Switches Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. OMEGA Engineering
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ametek
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TE Connectivity
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gems Sensors and Controls
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Keller
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Air-Logic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rockwell Automation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Barksdale
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
