The pressure transmitters market size has the potential to grow by USD 374.98 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by end-user (oil and gas, chemicals and petrochemicals, power generation, mining, and other industries), type (differential pressure transmitters, multivariable pressure transmitters, and other pressure transmitters), and geography (APAC, North America, Europe, MEA, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including 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.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of Pressure Transmitters Market
Market Competitive Analysis
The market is fragmented. 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. are some of the major market participants. Factors such as growing popularity of pressure transmitters due to pressure equipment accidents will offer immense growth opportunities. However, high cost of pressure transmitters may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this pressure transmitters market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this pressure transmitters market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- 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.
Pressure Transmitters Market: Segmentation by Geography
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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. The growing use of wireless pressure transmitters will significantly influence the pressure transmitters market's growth in this region.
48% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for pressure transmitters in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the pressure transmitters market size.
Pressure Transmitters Market: Key Highlights of the Report for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive pressure transmitters market growth during the next five years
- Precise estimation of the pressure transmitters market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the pressure transmitters industry across APAC, North America, Europe, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of pressure transmitters market vendors
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Pressure Transmitters Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2019 |
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Forecast period |
2020-2024 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 2% |
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Market growth 2020-2024 |
$ 374.98 million |
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Market structure |
Fragmented |
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YoY growth (%) |
-5.25 |
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Regional analysis |
APAC, North America, Europe, MEA, and South America |
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Performing market contribution |
APAC at 48% |
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Key consumer countries |
US, China, Germany, Japan, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
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. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |