Pressure Transmitters Market by End-user, Type, and Geography - Forecast and Analysis 2020-2024

Published: Dec 2020 Pages: 120 SKU: IRTNTR45916

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

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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

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2020-2024

$ 374.98 million

Market structure

Fragmented

YoY growth (%)

-5.25

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 48%

Key consumer countries

US, China, Germany, Japan, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

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.

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,

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.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Oil and gas - Market size and forecast 2019-2024
    • Chemicals and petrochemicals - Market size and forecast 2019-2024
    • Power generation - Market size and forecast 2019-2024
    • Mining - Market size and forecast 2019-2024
    • Other industries - Market size and forecast 2019-2024
    • Market opportunity by End-user

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Differential pressure transmitters - Market size and forecast 2019-2024
    • Multivariable pressure transmitters - Market size and forecast 2019-2024
    • Other pressure transmitters - Market size and forecast 2019-2024
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2019-2024
      • North America - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • MEA - Market size and forecast 2019-2024
      • South America - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption
      • Competitive scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 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.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      INFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases

      DATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts

      REPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape

      PURCHASE FULL REPORT OF

      pressure transmitters market

      Key Questions Answered

      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?

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      • Parent market analysis
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      • Detailed vendors report with competitive landscape
      • Covid-19 impact and recovery analysis
      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis