Global Pressure Transmitter Market, By Type (Absolute Pressure Transmitters, Gauge Pressure Transmitters, Differential Pressure Transmitters, Multivariable Pressure Transmitters), By Sensing Technology (Strain Gauge, Capacitive, Piezoelectric, Others), By Fluid Type (Liquid, Steam, Gas), By Application (Flow, Level, Pressure), By Industry (Oil & Gas, Power, Water & Wastewater, Food & Beverages, Chemicals, Metals & Mining, Pulp & Paper, Pharmaceuticals, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026
Few of the major market competitors currently working in the pressure transmitter market are
- Emerson Electric Co.
- Siemens AG,
- GENERAL ELECTRIC,
- Schneider Electric,
- Endress+Hauser Management AG,
- Yokogawa Electric Corporation,
- Honeywell International Inc.,
- WIKA Alexander Wiegand SE & Co. KG,
- Dwyer Instruments Inc.,
- Fuji Electric Co. Ltd.,
- Hitachi Ltd.,
- Azbil Corporation,
- KROHNE Ltd,
- JUMO GmbH & Co. KG,
- BD SENSORS GmbH,
- Setra Systems,
- Aplisens S.A.,
- Ashcroft Inc.,
- SensorsONE Ltd,
- Mitsubishi Electric Corporation,
- Sensata Technologies Inc.
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Market Analysis: Global Pressure Transmitter Market
The Global Pressure Transmitter Market is expected to grow with a CAGR of 3.64% in the forecast period of 2019-2026, raising the initial estimated value of USD 2.6 billion in 2018 to an estimated value of USD 3.54 billion by 2026. Various applicable industries of the market can be attributed to the rising demand.
Market Definition: Global Pressure Transmitter Market
Pressure transmitters are monitoring and field instrument devices that are used to measure the pressure, level, and flow of various materials and chemicals in a various number of applications. They generate signals whenever the extremities of levels are reached and display the values in a digital or an analog way; these sensors also transmit the data to various other receivers without any loss of data.
- High need to monitor the performance of electronic instruments
- Widespread applications of pressure transmitters in a number of industries is driving the market growth
- Fluctuating prices of oil industry is expected to restrain the market growth as these transmitters are majorly used in the industry
- High maintenance cost of these transmitters is also expected to restrain the market growth
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Segmentation: Global Pressure Transmitter Market
- Absolute Pressure Transmitters
- Gauge Pressure Transmitters
- Differential Pressure Transmitters
- Multivariable Pressure Transmitters
By Sensing Technology
- Strain Gauge
By Fluid Type
- Oil & Gas
- Water & Wastewater
- Food & Beverages
- Metals & Mining
- Pulp & Paper
- Agriculture & Livestock
- Heating Ventilation and Air Conditioning
- North America
- South America
- Middle East and Africa
Competitive Analysis: Global Pressure Transmitter Market
The global pressure transmitter market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pressure transmitter market for global, Europe, North America, Asia Pacific and South America.
Research Methodology: Global Pressure Transmitter Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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