Global Pressure Transmitter Market is valued approximately USD 2.93 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.59 % over the forecast period 2021-2027.

A pressure transmitter also refers to a pressure transducer used to measure the expansive force of a liquid and gaseous sample. It measures the pressure in the machinery to be aware of the devastating circumstances earlier by the utilization of its various mechanisms. The rising emphasis on the industrial automation and optimum utilization of resources, and growing penetration of the pressure transmitter in industrial machinery because of its benefits such as improvement of better productivity, product quality, less operational cost, and maintenance of health are the factors that may propel the market growth across the globe. For instance, In January 2020, HI6000 was introduced by ESI Technology Ltd- a UK-based Co. The company includes silicon-sapphire sensors for creating precise measurements at high temperatures, the product is mainly intended for the automotive, aviation, and oil & gas industry. However, increasing concern over emerging economy' growth and commissioning of greenfield projects impedes the growth of the market over the forecast period of 2021-2027. Also, growing demand for multivariable pressure transmitters is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global Pressure Transmitter market study includes Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading region across the world in terms of market share owing to the presence of the chief market players such as Honeywell International Inc., Emerson Electric Company, and many others, along with the development of industrial and utility-grade wastewater treatment plants. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as rapid urbanization, increasing population, a growing number of oil & gas activities would create lucrative growth prospects for the pressure transmitter market across the Asia-Pacific region.

Major market player included in this report are:

Honeywell International Inc.

Emerson Electric Co.

Yokogawa Electric Corporation

Dwyer Instruments Inc.

Siemens AG

GENERAL ELECTRIC

Fuji Electric Co. Ltd.

Hitachi Ltd.

Mitsubishi Electric Corporation

Schneider Electric

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Absolute Pressure Transmitters

Gauge Pressure Transmitters

Differential Pressure Transmitters

Multivariable Pressure Transmitters

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 (Agriculture and Livestock, Textiles, Plastics, Cement, and HVAC)

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global Pressure Transmitter Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors