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Pressure Transmitter Market by Type (Absolute, Gauge, Differential Pressure, and Multivariable), Application, Fluid Type, Industry (Oil & Gas, Chemicals, Power, Pharmaceuticals, Food & Beverages), and Geography - Global Forecast to 2024

  • ID: 4662698
  • Report
  • October 2018
  • Region: Global
  • 143 Pages
  • Markets and Markets
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The Pressure Transmitter Market is Expected to Grow from USD 2.72 Billion in 2018 to USD 3.36 Billion by 2024, at a CAGR of 3.59%

FEATURED COMPANIES

  • ABB
  • Azbil Corporation
  • Danfoss
  • Endress+Hauser
  • Hitachi
  • Krohne
  • MORE

The pressure transmitter market to exhibit significant growth from 2018 to 2024

The pressure transmitter market is expected to grow from USD 2.72 billion in 2018 to USD 3.36 billion by 2024, at a CAGR of 3.59%. The growth of this market can be attributed to the high emphasis on industrial automation and optimum utilization of resources. However, the fluctuating market trend observed in end-user industries is likely to hamper the demand for pressure transmitters.

Multivariable pressure transmitters to witness high growth during the forecast period

The market for multivariable pressure transmitters is expected to grow at a high rate from 2018 to 2024. Multivariable transmitters reduce pipe penetration and save on impulse piping with 3 measurements namely, level, pressure, and flow in a single instrument. As a result of these benefits and cost savings, the multivariable pressure transmitter market is expected to witness high growth.

The pressure transmitter market for the level measurement application to grow at the highest CAGR during the forecast period

The pressure transmitter market for level measurement applications is likely to grow at the highest rate from 2018 to 2024. In level measurement, differential pressure transmitters can be easily mounted to the surface of the vessel for which level needs to be measured. Level measurement carried out by using pressure transmitters is reliable, robust, simple to install, and uninfluenced by disruptive factors such as dust, foam, vapor build-up, and contaminants.

APAC to be fastest-growing market for pressure transmitters during the forecast period

Among all regions, the market in APAC is expected to grow at the highest rate from 2018 to 2024. The growth of the market in this region is attributed to the huge industrial sector of China. Secondly, India is the fastest-growing market for pressure transmitters in APAC. India presents a huge opportunity for the pressure transmitter market owing to the large-scale industrial development in the country. The adoption of automation solutions in the manufacturing industry in the country is increasing significantly with rapid industrialization. In addition, the growing number of power projects to meet the rising demand for electricity in India has given momentum to the implementation of pressure transmitters at plant locations.

Break-up of profiles of primary participants for the report:

  • By Company Type - Tier 1 - 40%, Tier 2 - 35%, and Tier 3 - 25%
  • By Designation - C-Level Executives - 55%, Directors - 30%, and Others - 15%
  • By Region - North America - 35%, Europe - 30%, APAC - 25%, and RoW - 10%

The key players operating in the pressure transmitter market are Emerson (US), ABB (Switzerland), Siemens (Germany), General Electric (US), Schneider (France), Endress+Hauser (Switzerland), Yokogawa (Japan), Honeywell (US), WIKA (Germany), Azbil (Japan), Fuji Electric (Japan), and Dwyer (US), among many others.

This global pressure transmitter market has been segmented on the basis of type, fluid type, application, industry, and geography. The pressure transmitter market based on type has been segmented into absolute pressure transmitters, gauge pressure transmitters, differential pressure transmitters, and multivariable pressure transmitters. By fluid type, the pressure transmitter market has been split into liquid, steam, and gas. Industries that implement pressure transmitters are oil & gas, power, pharmaceuticals, pulp & paper, water & wastewater, food & beverages, chemicals, metals & mining, and others. The pressure transmitter market, by geography, has been segmented into 4 regions-North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Reasons to Buy the Report:

Illustrative segmentation, analysis, and forecast for markets based on type, fluid type, application, industry, and region have been included to give an overall view of the pressure transmitter market.
Major drivers, restraints, opportunities, and challenges for the pressure transmitter market have been detailed in this report.
The report includes a detailed information on competitive landscape, along with key players, in-depth analysis, and revenue of key players.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Azbil Corporation
  • Danfoss
  • Endress+Hauser
  • Hitachi
  • Krohne
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Stakeholders
1.6 Limitations

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities for the Global Pressure Transmitter Market
4.2 Pressure Transmitter Market, By Application
4.3 Global Pressure Transmitter Market, By Geography and Product Type
4.4 Pressure Transmitter Market, By Geography, 2017
4.5 Pressure Transmitter Market, By Industry (2024)
4.6 Pressure Transmitter Market, APAC vs Europe

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Emphasis on Industrial Automation and Optimum Utilization of Resources
5.2.2 Restraints
5.2.2.1 Fluctuating Market Trend Observed in End-Use Industries Likely to Hamper the Demand for Pressure Transmitters
5.2.3 Opportunities
5.2.3.1 Increasing Demand for Multivariable Pressure Transmitters
5.2.4 Challenges
5.2.4.1 Concern Over Growth in Emerging Economies and Commissioning of Greenfield Projects
5.3 Working Principle of Pressure Transmitter
5.4 Calibration
5.5 Hysteresis
5.6 Communication Protocols for Pressure Transmitters
5.6.1 Hart and Wireless Hart
5.6.2 Foundation Fieldbus
5.6.3 Profibus Pa
5.6.4 Others
5.7 Key Sensing Technologies in Pressure Transmitter
5.7.1 Capacitive
5.7.2 Piezoresistive

6 Pressure Transmitter Market, By Type
6.1 Introduction
6.2 Absolute Pressure Transmitter
6.2.1 Absoulte Pressure Transmitters Provide High-Accuracy Measurements
6.3 Gauge Pressure Transmitter
6.3.1 Wide Usage of Gauge Pressure Transmitters Owing to Their Unique Features
6.4 Differential Pressure Transmitter
6.4.1 Differential Pressure Transmitter is Mostly Preffered in Various Industries
6.5 Multivariable Pressure Transmitter
6.5.1 Multivariable Pressure Transmitters Offer Greater Insight Into the Measurement Process Because of Its Intelligence and Versatile Performance

7 Pressure Transmitter Market, By Fluid Type
7.1 Introduction
7.2 Liquid
7.2.1 Gauge and Pressure Transmitters are Widely Used in the Measurement of Liquids
7.3 Steam
7.3.1 Differential Pressure Transmitters are Preferred for Steam Measurement
7.4 Gas
7.4.1 Pressure Transmitters Meeting All Safety Standards Qualify for the Measurement of Gas

8 Pressure Transmitter Market, By Application
8.1 Introduction
8.2 Flow
8.2.1 Pressure Transmitters are Commonly Used for Flow Measurement in Power Plants, Chemical Plants, and Petrochemical Refineries
8.3 Level
8.3.1 Level Measurement Application to Dominate the Pressure Transmitter Market During the Forecast Period
8.4 Pressure
8.4.1 Gauge Pressure and Absolute Pressure Transmitters are Preferred for Pressure Measurement

9 Pressure Transmitter Market, By Industry
9.1 Introduction
9.2 Oil & Gas
9.2.1 Oil & Gas Industry Dominated the Pressure Transmitter Market During the Forecast Period
9.3 Chemicals
9.3.1 Pressure Transmitters That Can Work in High-Temperature Environment and has Anti-Corrosive Abilities are Preferred in the Chemicals Industry
9.4 Water and Wastewater
9.4.1 Water and Wastewater to Be the Fastest Growing Industry Regarding the Pressure Transmitter Market During the Forecast Period
9.5 Food & Beverages
9.5.1 Increasing Population and Urbanization Would Drive the Growth for Food & Beverages Industry
9.6 Power
9.6.1 Installation of New Power Plants and Fuel Switching Would Drive the Market for the Power Industry in the Pressure Transmitter Market
9.7 Pulp & Paper
9.7.1 Absolute and Gauge Pressure Transmitters are Commonly Used in the Pulp and Paper Industry
9.8 Metal & Mining
9.8.1 Pressure Transmitters are Widely Used in the Steel Industry
9.9 Pharmaceutical
9.9.1 North America to Have the Highest Market Share in the Pharmaceutical Industry
9.10 Others

10 Pressure Transmitter Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Upcoming Natural Gas Pipeline Projects in the Us Will Boost the Pressure Transmitter Market for the Oil & Gas Industry
10.2.2 Rest of North America
10.3 Europe
10.3.1 Germany
10.3.1.1 Germany to Dominate the Pressure Transmitter Market for Food & Beverages Industry
10.3.2 UK
10.3.2.1 Oil & Gas, Chemicals, and Power are Key Industries in UK
10.3.3 France
10.3.4 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.1.1 China Accounted for the Largest Pressure Transmitter Market in APAC
10.4.2 Japan
10.4.2.1 Japan to Hold A Significant Market Share of the Pressure Transmitter Market
10.4.3 India
10.4.3.1 Pressure Transmitter Market in India to Grow at the Highest Rate in APAC During the Forecast Period
10.4.4 Rest of APAC
10.5 Rest of the World (RoW)
10.5.1 Middle East and Africa
10.5.2 South America

11 Competitive Landscape
11.1 Overview
11.2 Pressure Transmitter Market Rank Analysis
11.2.1 Agreements and Collaborations
11.2.2 Product Launches
11.2.3 Expansions

12 Company Profile
12.1 Key Players
12.1.1 Emerson
12.1.2 ABB
12.1.3 Siemens
12.1.4 General Electric
12.1.5 Schneider
12.1.6 Yokogawa
12.1.7 Honeywell
12.1.8 Endress+Hauser
12.1.9 WIKA
12.1.10 Dwyer
12.2 Other Key Players
12.2.1 Fuji Electric
12.2.2 Hitachi
12.2.3 Azbil Corporation
12.2.4 Krohne
12.2.5 Vega
12.2.6 Danfoss
12.2.7 Jumo
12.2.8 Brooks Instrument
12.2.9 BD - Sensors
12.2.10 Setra
12.2.11 Omega Engineering
12.2.12 Aplisens
12.2.13 Ashcroft

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Subscription Portal
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

List of Tables
Table 1 Pressure Transmitter Market Size and Shipment, 2017 and 2024
Table 2 A Comparison Among Pressure Transmitters, Pressure Transducers, and Pressure Sensors
Table 3 Pressure Transmitter Market, By Type, 2015-2024 (USD Million)
Table 4 Absolute Pressure Transmitter Market, By Industry, 2015-2024 (USD Million)
Table 5 Gauge Pressure Transmitter Market, By Industry, 2015-2024 (USD Million)
Table 6 Differential Pressure Transmitter Market, By Industry, 2015-2024 (USD Million)
Table 7 Multivariable Pressure Transmitter Market, By Industry, 2015-2024 (USD Million)
Table 8 Pressure Transmitter Market, By Fluid Type, 2015-2024 (USD Million)
Table 9 Pressure Transmitter Market, By Application, 2015-2024 (USD Million)
Table 10 Pressure Transmitter Market, By Industry, 2015-2024 (USD Million)
Table 11 Pressure Transmitter Market for Oil & Gas Industry, By Type, 2015-2024 (USD Million)
Table 12 Pressure Transmitter Market for Oil & Gas Industry, By Region, 2015-2024 (USD Million)
Table 13 Pressure Transmitter Market for Chemicals Industry, By Type, 2015-2024 (USD Million)
Table 14 Pressure Transmitter Market for Chemicals Industry, By Region, 2015-2024 (USD Million)
Table 15 Pressure Transmitter Market for Water and Wastewater Industry, By Type, 2015-2024 (USD Million)
Table 16 Pressure Transmitter Market for Water and Wastewater Industry, By Region, 2015-2024 (USD Million)
Table 17 Pressure Transmitter Market for Food & Beverages Industry, By Type, 2015-2024 (USD Million)
Table 18 Pressure Transmitter Market for Food & Beverages Industry, By Region, 2015-2024 (USD Million)
Table 19 Pressure Transmitter Market for Power Industry, By Type, 2015-2024 (USD Million)
Table 20 Pressure Transmitter Market for Power Industry, By Region, 2015-2024 (USD Million)
Table 21 Pressure Transmitter Market for Pulp and Paper Industry, By Type, 2015-2024 (USD Million)
Table 22 Pressure Transmitter Market for Pulp and Paper Industry, By Region, 2015-2024 (USD Million)
Table 23 Pressure Transmitter Market for Metals and Mining Industry, By Type, 2015-2024 (USD Million)
Table 24 Pressure Transmitter Market for Metals and Mining Industry, By Region, 2015-2024 (USD Million)
Table 25 Pressure Transmitter Market for Pharmaceuticals Industry, By Type, 2015-2024 (USD Million)
Table 26 Pressure Transmitter Market for Pharmaceuticals Industry, By Region, 2015-2024 (USD Million)
Table 27 Pressure Transmitter Market for Other Industries, By Type, 2015-2024 (USD Million)
Table 28 Pressure Transmitter Market for Other Industries, By Region, 2015-2024 (USD Million)
Table 29 Pressure Transmitter Market, By Region, 2015-2024 (USD Million)
Table 30 Pressure Transmitter Market in North America, By Industry, 2015-2024 (USD Million)
Table 31 Pressure Transmitter Market in North America, By Country, 2015-2024 (USD Million)
Table 32 Pressure Transmitter Market for Oil & Gas Industry in North America, By Country, 2015-2024 (USD Million)
Table 33 Pressure Transmitter Market for Chemicals Industry in North America, By Country, 2015-2024 (USD Million)
Table 34 Pressure Transmitter Market for Power Industry in North America, By Country, 2015-2024 (USD Million)
Table 35 Pressure Transmitter Market for Metals and Mining Industry in North America, By Country, 2015-2024 (USD Million)
Table 36 Pressure Transmitter Market for Food & Beverages Industry in North America, By Country, 2015-2024 (USD Million)
Table 37 Pressure Transmitter Market for Water and Wastewater Industry in North America, By Country, 2015-2024 (USD Million)
Table 38 Pressure Transmitter Market for Pulp and Paper Industry in North America, By Country, 2015-2024 (USD Million)
Table 39 Pressure Transmitter Market for Pharmaceuticals Industry in North America, By Country, 2015-2024 (USD Million)
Table 40 Pressure Transmitter Market for Other Industries North America, By Country, 2015-2024 (USD Million)
Table 41 Key Upcoming Natural Gas Pipeline Project in the US
Table 42 Pressure Transmitter Market in Europe, By Industry, 2015-2024 (USD Million)
Table 43 Europe Pressure Transmitter Market, By Country, 2015-2024 (USD Million)
Table 44 Europe Pressure Transmitter Market in Oil & Gas Industry, By Country, 2015-2024 (USD Million)
Table 45 Europe Pressure Transmitter Market in Chemicals Industry, By Country, 2015-2024 (USD Million)
Table 46 Europe Pressure Transmitter Market in Power Industry, By Country, 2015-2024 (USD Million)
Table 47 Europe Pressure Transmitter Market in Metals and Mining Industry, By Country, 2015-2024 (USD Million)
Table 48 Europe Pressure Transmitter Market in Food & Beverages Industry, By Country, 2015-2024 (USD Million)
Table 49 Europe Pressure Transmitter Market in Water and Wastewater Industry, By Country, 2015-2024 (USD Million)
Table 50 Europe Pressure Transmitter Market in Pulp and Paper Industry, By Country, 2015-2024 (USD Million)
Table 51 Europe Pressure Transmitter Market in Pharmaceuticals Industry, By Country, 2015-2024 (USD Million)
Table 52 Europe Pressure Transmitter Market in Other Industries, By Country, 2015-2024 (USD Million)
Table 53 Pressure Transmitter Market in APAC, By Industry 2015-2024 (USD Million)
Table 54 APAC Pressure Transmitter Market, By Country, 2015-2024 (USD Million)
Table 55 APAC Pressure Transmitter Market in Oil & Gas Industry, By Country, 2015-2024 (USD Million)
Table 56 APAC Pressure Transmitter Market in Chemicals Industry, By Country, 2015-2024 (USD Million)
Table 57 APAC Pressure Transmitter Market in Power Industry, By Country, 2015-2024 (USD Million)
Table 58 APAC Pressure Transmitter Market in Metals and Mining Industry, By Country, 2015-2024 (USD Million)
Table 59 APAC Pressure Transmitter Market in Food & Beverages Industry, By Country, 2015-2024 (USD Million)
Table 60 APAC Pressure Transmitter Market in Water and Wastewater Industry, By Country, 2015-2024 (USD Million)
Table 61 APAC Pressure Transmitter Market in Pulp and Paper Industry, By Country, 2015-2024 (USD Million)
Table 62 APAC Pressure Transmitter Market in Pharmaceuticals Industry, By Country, 2015-2024 (USD Million)
Table 63 APAC Pressure Transmitter Market in Other Industries, By Country, 2015-2024 (USD Million)
Table 64 Pressure Transmitter Market in RoW, By Industry, 2015-2024 (USD Million)
Table 65 Top Companies in Pressure Transmitter Market, 2017
Table 66 Agreements and Collaborations, 2016-2018
Table 67 Product Launches, 2016-2018
Table 68 Other Strategies, 2016-2018

List of Figures
Figure 1 Markets Covered
Figure 2 Pressure Transmitter Market, By Geography
Figure 3 Pressure Transmitter Market: Research Design
Figure 4 Pressure Transmitter Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Pressure Transmitter Market Size Estimation Methodology: Top-Down Approach
Figure 6 Market Breakdown & Data Triangulation
Figure 7 Assumptions of the Research Study
Figure 8 Global Pressure Transmitter Market Snapshot, 2017 vs 2024 (USD Million): Water and Wastewater Industry Expected to Grow at the Highest Rate
Figure 9 Global Pressure Transmitter Market, By Type, 2017
Figure 10 Level Measurement Application Accounted for the Largest Market Share of the Pressure Transmitter Market in 2017
Figure 11 Pressure Transmitter Market in APAC Expected to Grow at the Highest CAGR During the Forecast Period
Figure 12 Pressure Transmitter Market Expected to Grow at A Stable Rate Between 2018 and 2024
Figure 13 Pressure Transmitter Market for Level Measurement Expected to Grow at the Highest Rate Between 2018 and 2024
Figure 14 North America Held the Largest Share of the Global Pressure Transmitter Market in 2017
Figure 15 US Held the Largest Share of the Global Pressure Transmitter Market in 2017
Figure 16 North America is Expected to Hold the Largest Market Share of the Pressure Transmitter Market By 2024
Figure 17 Market in Asia Expected to Grow at A High Rate During the Forecast Period
Figure 18 Drivers, Restraints, Opportunities, and Challenges for the Pressure Transmitter Market
Figure 19 Average Annual Wage of Employed People in Chinese Urban Units
Figure 20 Trends in Global Crude Oil Indices and Output
Figure 21 A Typical Pressure Sensing Unit in A Pressure Transmitter
Figure 22 Conventional Pressure Transmitter Block Diagram
Figure 23 Typical Hysteresis Curve for Pressure Transmitter
Figure 24 Communication Protocols
Figure 25 Sensing Technologies of Pressure Transmitter
Figure 26 Global Pressure Transmitter Market, By Type
Figure 27 Pressure Transmitter Market, By Fluid Type
Figure 28 Pressure Transmitter Market, By Application
Figure 29 Pressure Transmitter Market, By Industry
Figure 30 Ecosystem of Water & Wastewater Services
Figure 31 Key Sectors Under Food & Beverages Industry
Figure 32 North America Pressure Transmitter Market Snapshot
Figure 33 Asia Pacific Pressure Transmitter Market Snapshot
Figure 34 Emerson: Company Snapshot
Figure 35 ABB: Company Snapshot
Figure 36 Siemens: Company Snapshot
Figure 37 General Electric: Company Snapshot
Figure 38 Schneider: Company Snapshot
Figure 39 Yokogawa: Company Snapshot
Figure 40 Honeywell: Company Snapshot
Figure 41 Endress+Hauser: Company Snapshot

Note: Product cover images may vary from those shown
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5 of 5
  • ABB
  • Aplisens
  • Ashcroft
  • Azbil Corporation
  • BD|Sensors
  • Brooks Instrument
  • Danfoss
  • Dwyer
  • Emerson
  • Endress+Hauser
  • Fuji Electric
  • General Electric
  • Hitachi
  • Honeywell
  • Jumo
  • Krohne
  • Omega Engineering
  • Schneider
  • Setra
  • Siemens
  • Vega
  • WIKA
  • Yokogawa
Note: Product cover images may vary from those shown
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