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The pressure transmitters market is poised to grow by $374.98 million during 2020-2024 progressing at a CAGR of 2% during the forecast period.Speak directly to the analyst to clarify any post sales queries you may have.
This report on the pressure transmitters market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
The market is driven by the growing popularity of pressure transmitters due to pressure equipment accidents, the growing importance of process automation and the increase in use of multivariable pressure transmitters. In addition, the growing popularity of pressure transmitters due to pressure equipment accidents is anticipated to boost the growth of the market as well.
The pressure transmitters market analysis includes an end-user segment, type segment, and geographical landscapes.
The pressure transmitters market is segmented as below:
By End-user
- Oil and gas
- Chemicals and petrochemicals
- Power generation
- Mining
- Other industries
By Type
- Differential pressure transmitters
- Multivariable pressure transmitters
- Other pressure transmitters
By Geographical Landscapes
- APAC
- North America
- Europe
- MEA
- South America
This study identifies the growing use of wireless pressure transmitters as one of the prime reasons driving the pressure transmitters market growth during the next few years. Also, increasing adoption of technology in pressure transmitters and use of small, embeddable pressure transmitters will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
This report on the the pressure transmitters market covers the following areas:
- Pressure transmitters market sizing
- Pressure transmitters market forecast
- Pressure transmitters market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pressure transmitters market vendors that include ABB Ltd., Azbil Corp., Emerson Electric Co., Endress+Hauser Group Services AG, Fuji Electric Co. Ltd., General Electric Co., Honeywell International Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. Also, the pressure transmitters market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Type
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The analyst recognizes the following companies as the key players in the global pressure transmitters market: ABB Ltd., Azbil Corp., Emerson Electric Co., Endress+Hauser Group Services AG, Fuji Electric Co. Ltd., General Electric Co., Honeywell International Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp.According to one of the team's analysts: The latest trend gaining momentum in the market is growing use of wireless pressure transmitters.
According to the report, one of the major drivers for this market is the growing popularity of pressure transmitters due to pressure equipment accidents.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB Ltd.
- Azbil Corp.
- Emerson Electric Co.
- Endress+Hauser Group Services AG
- Fuji Electric Co. Ltd.
- General Electric Co.
- Honeywell International Inc.
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corp.
