HOME Top Market Reports Pressure Transmitter Market by Type (Absolute, Gauge, Differential Pressure, and Multivariable), Application, Fluid Type, Sensing Technology, Communication Protocol, Industry (Oil & Gas, Chemical, Power, and Others) and Geography - Global Trend & Forecast to 2020

Pressure Transmitter Market by Type (Absolute, Gauge, Differential Pressure, and Multivariable), Application, Fluid Type, Sensing Technology, Communication Protocol, Industry (Oil & Gas, Chemical, Power, and Others) and Geography - Global Trend & Forecast to 2020

By: marketsandmarkets.com
Publishing Date: January 2016
Report Code: SE 4003

 

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The global pressure transmitter market was valued at USD 2.82 Billion in 2014, and is expected to reach USD 3.77 Billion by 2020, growing at a CAGR of 5.0% during forecast period. The demand from power, chemical, and water and wastewater industry is expected to contribute to the expected growth of the global pressure transmitter market. The growth of multivariable pressure transmitter is also expected to drive the global pressure transmitter market during the forecast period. This report considered 2014 as the base year, while forecast period is from 2015 to 2020.

This research study involved the extensive usage of various secondary sources such as business directories, and databases such as Hoovers, Bloomberg, BusinessWeek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the global pressure transmitter market. The primary sources mainly comprised several industry experts from core and related industries along with preferred suppliers, manufacturers, distributors, system integrators, technology developers, alliances, standards, and certification organizations related to the various parts of this industry’s value chain.

In-depth interviews of various primary respondents have been conducted that included key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants among other experts to obtain and verify critical qualitative and quantitative information as well as to assess future prospects.

Pressure Transmitter Market

To know about the assumptions considered for the study, download the pdf brochure

The report covers both the demand and supply sides of the market. The supply-side market segmentation includes several technologies, processes, and machine configuration. On the other hand, the demand-side segmentation includes various industry verticals and regions. The global pressure transmitter market has been segmented into four geographic regions. These regions include North America, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW).

Target Audience:

  • Pressure transmitter suppliers
  • Pressure transmitter component suppliers
  • Industrial automation service providers
  • System integrator and service providers in industrial measurement market
  • Banks, financial institutions, investors, and venture capitalists
  • Technology investors
  • Governments and financial institutions
  • Analysts and strategic business planners
  • End users who want to know more about the Pressure transmitter and the latest technological developments in this market

Pressure transmitter market scope:

  • By Type:
    • Absolute
    • Gauge
    • Differential Pressure
    • Multivariable
  • By Communication Protocol:
    • HART and Wireless HART
    • Foundation fieldbus
    • Profibus
    • Others
  • By Sensing Technology:
    • Piezoelectric
    • Capacitive
    • Piezoresistive
    • Strain gauge
    • Others
  • By Application:
    • Flow
    • Level
    • Pressure
  • By Fluid Type:
    • Steam
    • Liquid
    • Gas
  • By Industry:
    • Oil and gas
    • Food and Beverage
    • Water and Wastewater
    • Pulp and Paper
    • Metal and Mining
    • Chemical
    • Power
    • Pharmaceutical
    • Others
  • By Geography:
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Available Customizations:

    With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

    Geographic Analysis

    • Further breakdown of the pressure transmitter market, by country into region

    Company Information

    • Detailed analysis and profiling of additional market players (Up to 5)

  • Table of Contents

    1 Introduction (Page No. - 14)
        1.1 Objectives of the Study
        1.2 Market Definition
        1.3 Study Scope
               1.3.1 Markets Covered
               1.3.2 Geographic Scope
               1.3.3 Years Considered for the Study
        1.4 Currency
        1.5 Stakeholders

    2 Research Methodology (Page No. - 18)
        2.1 Research Data
               2.1.1 Secondary Data
                        2.1.1.1 Key Data From Secondary Sources
               2.1.2 Primary Data
                        2.1.2.1 Key Data From Primary Sources
                        2.1.2.2 Key Industry Insights
                        2.1.2.3 Breakdown of Primaries
        2.2 Market Size Estimation
               2.2.1 Bottom-Up Approach
               2.2.2 Top-Down Approach
        2.3 Market Breakdown & Data Triangulation
        2.4 Research Assumptions and Limitations
               2.4.1 Assumptions
               2.4.2 Limitations

    3 Executive Summary (Page No. - 27)

    4 Premium Insights (Page No. - 32)
        4.1 Attractive Market Opportunities for the Global Pressure Transmitter Market
        4.2 Pressure Transmitter Market: Top Three Applications
        4.3 Global Pressure Transmitter Market, By Geography and Product Type
        4.4 Pressure Transmitter Market, By Geography, 2014
        4.5 Pressure Transmitter Market, By Industry (2020)
        4.6 Pressure Transmitter Market, Asia-Pacific vs Europe

    5 Market Overview (Page No. - 36)
        5.1 Introduction
        5.2 Evolution
        5.3 Market Segmentation
               5.3.1 By Type
               5.3.2 By Communication Protocol
               5.3.3 By Sensing Technology
               5.3.4 By Fluid Type
               5.3.5 By Industry
               5.3.6 By Application
               5.3.7 By Geography
        5.4 Market Dynamics
               5.4.1 Drivers
                        5.4.1.1 Emphasis on Industrial Automation and Optimum Utilization of Resources
               5.4.2 Restraints
                        5.4.2.1 Downfall in Petroleum Prices—A Bane for Global Process Industries
               5.4.3 Opportunities
                        5.4.3.1 Increasing Demand for Multivariable Pressure Transmitters
               5.4.4 Challenges
                        5.4.4.1 Subdued Growth in Emerging Economies and Commissioning of Greenfield Projects

    6 Industry Trends (Page No. - 49)
        6.1 Introduction
        6.2 Value Chain Analysis for the Pressure Transmitter Market
        6.3 Porter’s Five Forces Analysis
               6.3.1 Degree of Competition
               6.3.2 Threat of Substitutes
               6.3.3 Bargaining Power of Buyers
               6.3.4 Bargaining Power of Suppliers
               6.3.5 Threat of New Entrants
        6.4 Prominent Companies in the Global Pressure Transmitter Market

    7 Pressure Transmitter Market, By Type (Page No. - 60)
        7.1 Introduction
        7.2 Working Principle of Pressure Transmitter
        7.3 Calibration
        7.4 Hysteresis
        7.5 Absolute Pressure Transmitter
        7.6 Gauge Pressure Transmitter
        7.7 Differential Pressure Transmitter
        7.8 Multivariable Pressure Transmitter

    8 Pressure Transmitter Market, By Communication Protocol (Page No. - 72)
        8.1 Introduction
        8.2 Hartand Wireless Hart
        8.3 Foundation Fieldbus
        8.4 Profibus Pa
        8.5 Others

    9 Pressure Transmitter Market, By Sensing Technology (Page No. - 76)
        9.1 Introduction
        9.2 Capacitive
        9.3 Piezoelectric
        9.4 Piezoresistive
        9.5 Strain Gauge/Gage
        9.6 Others
               9.6.1 Fiber Optic Pressure Sensors
               9.6.2 Electromagnetic Pressure Sensors

    10 Pressure Transmitter Market, By Fluid Type (Page No. - 80)
         10.1 Introduction
         10.2 Liquid
         10.3 Steam
         10.4 Gas

    11 Pressure Transmitter Market, By Industry (Page No. - 84)
         11.1 Introduction
         11.2 Oil and Gas
         11.3 Chemical
         11.4 Water and Wastewater
         11.5 Food & Beverages
         11.6 Power
         11.7 Pulp & Paper
         11.8 Metal & Mining
         11.9 Pharmaceutical
         11.10 Others

    12 Pressure Transmitter Market, By Application (Page No. - 96)
         12.1 Introduction
         12.2 Flow
         12.3 Level
         12.4 Pressure

    13 Pressure Transmitter Market, By Geography (Page No. - 100)
         13.1 Introduction
         13.2 North America
         13.3 Europe
         13.4 Asia-Pacific
         13.5 Rest of the World

    14 Competitive Landscape (Page No. - 129)
         14.1 Overview
         14.2 Pressure Transmitter Market Share Analysis
         14.3 Competitive Situations and Trends
                 14.3.1 Partnerships, Argeements, and Contracts
                 14.3.2 Acquisitions
                 14.3.3 New Product Launches
                 14.3.4 Others

    15 Company Profiles (Page No. - 136)
    (Overview, Products and Services, Financials, Strategy & Development)*
         15.1 Introduction
         15.2 Emerson Electric Company
         15.3 Yokogawa Electric Corporation
         15.4 Endress+Hauser AG
         15.5 ABB Ltd.
         15.6 Honeywell International Inc.
         15.7 Siemens AG
         15.8 General Electric
         15.9 Wika Alexander Wiegand SE & Co. Kg
         15.10 Dwyer Instruments, Inc.
         15.11 Schneider Electric SE

    *Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

    16 Appendix (Page No. - 169)
         16.1 Insights of Industry Experts
         16.2 Discussion Guide
         16.3 Introducing RT: Real-Time Market Intelligence
         16.4 Available Customizations
         16.5 Related Reports


    List of Tables (82 Tables)

    Table 1 A Comparison Among Pressure Transmitters, Pressure Transducers, and Pressure Sensors
    Table 2 Impact Analysis of Drivers
    Table 3 Impact Analysis of Restraints
    Table 4 Impact Analysis of Opportunities
    Table 5 Impact Analysis of Challeneges
    Table 6 Global Pressure Transmitter Market, By Type, 2013–2020 (USD Million)
    Table 7 Pressure Transmitter Market for Oil & Gas Industry, By Type, 2013–2020 (USD Million)
    Table 8 Pressure Transmitter Market for Food & Beverages Industry, By Type, 2013–2020 (USD Million)
    Table 9 Pressure Transmitter Market for Water & Wastewater Industry, By Type, 2013–2020 (USD Million)
    Table 10 Pressure Transmitter Market for Pulp & Paper Industry, By Type, 2013–2020 (USD Million)
    Table 11 Pressure Transmitter Market for Metal and Mining Industry, By Type, 2013–2020 (USD Million)
    Table 12 Pressure Transmitter Market for Chemical Industry, By Type, 2013–2020 (USD Million)
    Table 13 Pressure Transmitter Market for Power Industry, By Type, 2013–2020 (USD Million)
    Table 14 Pressure Transmitter Market for Pharmaceutical Industry, By Type, 2013–2020 (USD Million)
    Table 15 Pressure Transmitter Market for Other Industries, By Type, 2013–2020 (USD Million)
    Table 16 Pressure Transmitter Market, By Fluid Type , 2013–2020 (USD Million)
    Table 17 Pressure Transmitter Market, By Industry 2013–2020 (USD Million)
    Table 18 Pressure Transmitter Market for Oil & Gas Industry, By Geography, 2013–2020 (USD Million)
    Table 19 Pressure Transmitter Market for Food & Beverages Industry, By Geography 2013–2020 (USD Million)
    Table 20 Pressure Transmitter Market for Water & Wastewater Industry, By Geography, 2013–2020 (USD Million)
    Table 21 Pressure Transmitter Market for Pulp & Paper Industry, By Geography, 2013–2020 (USD Million)
    Table 22 Pressure Transmitter Market for Metal & Mining Industry, By Geography, 2013–2020 (USD Million)
    Table 23 Pressure Transmitter Market for Chemical Industry, By Geography, 2013–2020 (USD Million)
    Table 24 Pressure Transmitter Market for Power Industry, By Geography, 2013–2020 (USD Million)
    Table 25 Pressure Transmitter Market for Pharmaceutical Industry, By Geography, 2013–2020 (USD Million)
    Table 26 Pressure Transmitter Market for Other Industries, By Geography, 2013–2020 (USD Million)
    Table 27 Pressure Transmitter Market, By Application, 2013–2020 (USD Million)
    Table 28 Pressure Transmitter Market, By Geography, 2013–2020 (USD Million)
    Table 29 North America: Pressure Transmitter Market, By Country 2013–2020 (USD Million)
    Table 30 North America: Pressure Transmitter Market for Oil & Gas Industry, By Country, 2013–2020 (USD Million)
    Table 31 North America: Pressure Transmitter Market for Food & Beverages Industry, By Country, 2013–2020 (USD Million)
    Table 32 North America: Pressure Transmitter Market for Water & Wastewater Industry, By Country, 2013–2020 (USD Million)
    Table 33 North America: Pressure Transmitter Market for Pulp & Paper Industry, By Country, 2013–2020 (USD Million)
    Table 34 North America: Pressure Transmitter Market for Metal & Mining Industry, By Country, 2013–2020 (USD Million)
    Table 35 North America: Pressure Transmitter Market for Chemical Industry, By Country, 2013–2020 (USD Million)
    Table 36 North America: Pressure Transmitter Market for Power Industry, By Country , 2013–2020 (USD Million)
    Table 37 North America: Pressure Transmitter Market for Pharmaceutical Industry, By Country , 2013–2020 (USD Million)
    Table 38 North America: Pressure Transmitter Market for Other Industries, By Country, 2013–2020 (USD Million)
    Table 39 Europe: Pressure Transmitter Market, By Country, 2013–2020 (USD Million)
    Table 40 Europe: Pressure Transmitter Market for Oil & Gas Industry, By Country, 2013–2020 (USD Million)
    Table 41 Europe: Pressure Transmitter Market for Food & Beverages Industry, By Country, 2013–2020 (USD Million)
    Table 42 Europe: Pressure Transmitter Market for Water & Wastewater Industry, By Country, 2013–2020 (USD Million)
    Table 43 Europe:Pressure Transmitter Market for Pulp & Paper Industry, By Country, 2013–2020 (USD Million)
    Table 44 Europe: Pressure Transmitter Market for Metal & Mining Industry, By Country, 2013–2020 (USD Million)
    Table 45 Europe: Pressure Transmitter Market for Chemical Industry, By Country, 2013–2020 (USD Million)
    Table 46 Europe: Pressure Transmitter Market for Power Industry, By Country, 2013–2020 (USD Million)
    Table 47 Europe: Pressure Transmitter Market for Pharmaceutical Industry, By Country, 2013–2020 (USD Million)
    Table 48 Europe: Pressure Transmitter Market for Other Industries, By Country, 2013–2020 (USD Million)
    Table 49 Asia-Pacific: Pressure Transmitter Market, By Country, 2013–2020 (USD Million)
    Table 50 Asia-Pacific: Pressure Transmitter Market for Oil & Gas Industry, By Country, 2013–2020 (USD Million)
    Table 51 Asia-Pacific: Pressure Transmitter Market for Food & Beverages Industry, By Country, 2013–2020 (USD Million)
    Table 52 Asia-Pacific: Pressure Transmitter Market for Water & Wastewater Industry, By Country, 2013–2020 (USD Million)
    Table 53 Asia-Pacific: Pressure Transmitter Market for Pulp & Paper Industry, By Country, 2013–2020 (USD Million)
    Table 54 Asia-Pacific: Pressure Transmitter Market for Metal & Mining Industry, By Country, 2013–2020 (USD Million)
    Table 55 Asia-Pacific: Pressure Transmitter Market for Chemical Industry, By Country, 2013–2020 (USD Million)
    Table 56 Asia-Pacific: Pressure Transmitter Market for Power Industry, By Country, 2013–2020 (USD Million)
    Table 57 Asia-Pacific: Pressure Transmitter Market for Pharmaceutical Industry, By Country, 2013–2020 (USD Million)
    Table 58 Asia-Pacific: Pressure Transmitter Market for Other Industries, By Country, 2013–2020 (USD Million)
    Table 59 RoW:Pressure Transmitter Market, By Region, 2013–2020 (USD Million)
    Table 60 RoW: Pressure Transmitter Market for Oil & Gas Industry, By Region, 2013–2020 (USD Million)
    Table 61 RoW: Pressure Transmitter Market for Food & Beverages Industry, By Region, 2013–2020 (USD Million)
    Table 62 RoW: Pressure Transmitter Market for Water & Wastewater Industry, By Region, 2013–2020 (USD Million)
    Table 63 RoW: Pressure Transmitter Market for Pulp & Paper Industry, By Region, 2013–2020 (USD Million)
    Table 64 RoW: Pressure Transmitter Market for Metal & Mining Industry, By Region, 2013–2020 (USD Million)
    Table 65 RoW: Pressure Transmitter Market for Chemical Industry, By Region, 2013–2020 (USD Million)
    Table 66 RoW: Pressure Transmitter Market for Power Industry, By Region, 2013–2020 (USD Million)
    Table 67 RoW: Pressure Transmitter Market for Pharmaceutical Industry, By Region, 2013–2020 (USD Million)
    Table 68 RoW: Pressure Transmitter Market for Other Industries, By Region, 2013–2020 (USD Million)
    Table 69 Partnerships, Argeements, and Contracts, 2013–2015
    Table 70 Acquisitions, 2013–2015
    Table 71 New Product Launches, 2013–2015
    Table 72 Other Strategies, 2013–2015
    Table 73 Emerson Electric Company: Products Offered
    Table 74 Yokogawa Electric Corporation: Products Offered
    Table 75 Endress+Hauser AG: Products Offered
    Table 76 ABB Ltd.: Products Offered
    Table 77 Honeywell International Inc.: Products Offered
    Table 78 Siemens AG: Products Offered
    Table 79 General Electric: Products Offered
    Table 80 Wika Alexander Wiegand SE & Co. Kg: Products Offered
    Table 81 Dwyer Instruments, Inc.: Products Offered
    Table 82 Schneider Electric SE: Products Offered


    List of Figures (70 Figures)

    Figure 1 Markets Covered
    Figure 2 Pressure Transmitter Market, By Geography
    Figure 3 Pressure Transmitter Market: Research Design
    Figure 4 Pressure Transmitter Market Size Estimation Methodology: Bottom-Up Approach
    Figure 5 Pressure Transmitter Market Size Estimation Methodology: Top-Down Approach
    Figure 6 Market Breakdown & Data Triangulation
    Figure 7 Assumptions of the Research Study
    Figure 8 Limitations of the Research Study
    Figure 9 Global Pressure Transmitter Market Snapshot, 2014 vs 2020 (USD Million): Power Industry Expected to Grow at the Highest Rate
    Figure 10 Global Pressure Transmitter Market, By Type, 2014
    Figure 11 Flow Measurement Application Commanded the Largest Market Share of the Pressure Transmitter Market in 2014
    Figure 12 Asia-Pacific Expected to Grow at the Highest CAGR During the Forecast Period in the Pressure Transmitter Market
    Figure 13 Pressure Transmitter Market Expected to Grow at A Stable Rate Between 2015 and 2020
    Figure 14 Pressure Transmitter Marketfor Flow Application Expected to Grow at the Highest Rate Between 2015 and 2020
    Figure 15 North America Held the Largest Share of the Global Pressure Transmitter Market in 2014
    Figure 16 U.S. Held the Largest Share of the Global Pressure Transmitter Market in 2014
    Figure 17 Chemical Industry Expected to Hold the Largest Market Share of the Asia-Pacific Pressure Transimitter Market By 2020
    Figure 18 Asian Markets Expected to Grow at A Higher Rate Than European Markets During the Forecast Period
    Figure 19 Pressure Transmitter Market Evolution
    Figure 20 Pressure Transmitter Market, By Type
    Figure 21 Pressure Transmitter Market, By Communication Protocol
    Figure 22 Pressure Transmitter Market, By Sensing Technology
    Figure 23 Pressure Transmitter Market, By Fluid Type
    Figure 24 Pressure Transmitter Market, By Industry
    Figure 25 Pressure Transmitter Market, By Application
    Figure 26 Pressure Transmitter Market, By Geography
    Figure 27 Drivers, Restraints, Opportunities, and Challenges for the Pressure Transmitter Market
    Figure 28 Average Annual Wage of Employed Persons in Chinese Urban Units
    Figure 29 Trends in Global Crude Oil Indices
    Figure 30 Pressure Transmitter Market: Value Chain Analysis
    Figure 31 Porter’s Five Forces Analysis
    Figure 32 Porter’s Five Forces Analysis for the Pressure Transmitter Market
    Figure 33 Pressure Transmitter Market: Degree of Competition
    Figure 34 Pressure Transmitter Market: Threat of Substitutes
    Figure 35 Pressure Transmitter Market: Bargaining Power of Buyers
    Figure 36 Pressure Transmitter Market: Bargaining Power of Suppliers
    Figure 37 Pressure Transmitter Market: Threat of New Entrants
    Figure 38 Global Pressure Transmitter Market, By Type
    Figure 39 A Typical Pressure Sensing Unit in A Pressure Transmitter
    Figure 40 Conventional Pressure Transmitter Block Diagram
    Figure 41 Typical Hysteresis Curve for Pressure Transmitter
    Figure 42 Pressure Transmitter Market, By Communication Protocol
    Figure 43 Pressure Transmitter Market, By Sensing Technology
    Figure 44 Pressure Transmitter Market, By Industry
    Figure 45 Ecosystem of Water & Wastewater Services
    Figure 46 Key Sectors Under Food & Beverage Industry
    Figure 47 Pressure Transmitter Market, By Application
    Figure 48 Geographic Snapshot: Global Pressure Transmitter Market (2015-2020)
    Figure 49 North America Pressure Transmitter Market Snapshot
    Figure 50 Europe Pressure Transmitter Market Snapshot
    Figure 51 Asia-Pacific Pressure Transmitter Market Snapshot
    Figure 52 RoW Pressure Transmitter Market Snapshot
    Figure 53 Companies Mostly Have Adopted Organic Growth Strategy for the Last Three Years (2013–2015)
    Figure 54 Pressure Transmitter Market Share Analysis, 2014
    Figure 55 Market Evolution Framework: Partnerships/Agreements/Contracts Fueled Growth and Innovation in the Pressure Transmitter Market (2013–2015)
    Figure 56 Battle for Market Share: Partnerships/Agreements/Contracts Emerged as the Key Strategies (2013–2015)
    Figure 57 Geographic Revenue Mix of Top Market Players
    Figure 58 Emerson Electric Company: Company Snapshot
    Figure 59 Emerson Electric Company: SWOT Analysis
    Figure 60 Yokogawa Electric Corporation: Company Snapshot
    Figure 61 Yokogawa Electric Corporation: SWOT Analysis
    Figure 62 Endress+Hauser AG: Company Snapshot
    Figure 63 Endress+Hauser AG: SWOT Analysis
    Figure 64 ABB Ltd.: Company Snapshot
    Figure 65 ABB Ltd.: SWOT Analysis
    Figure 66 Honeywell International Inc.: Company Snapshot
    Figure 67 Honeywell International Inc.: SWOT Analysis
    Figure 68 Siemens AG: Company Snapshot
    Figure 69 General Electric: Company Snapshot
    Figure 70 Schneider Electric SE: Company Snapshot

    The pressure transmitter market is expected to grow from USD 2.82 Billion in 2014 to USD 3.77 Billion by 2020, at a CAGR of 5.0% between 2015 and 2020. Pressure measurement is one of the most critical process parameter in various industries. Growing automation across all process industries in order to optimize the resources and improve the cost, safety, and security is driving the growth of the pressure transmitter market.

    The power industry is expected to grow at the highest rate in the global pressure transmitter market during the forecast period, followed by chemical, pharmaceutical, and water & wastewater industry. The growing electrification, access to electricity, and energy intensity is pushing the demand for electricity which in turn, leads to new installation and capacity expansion of the existing power plants, thus this would lead for greater demand for pressure transmitter in the near future.

    Gauge and differential pressure transmitters are most widely used pressure transmitters in the industry. Differential pressure transmitters are widely used for pressure, flow, and level measurement. With the requirement of optimum process cost and greater process control, the market share of multivariable transmitter is expected to grow significantly during the forecast period. Multivariable transmitters can measure differential pressure, static pressure and process temperature in single device. These transmitters can also calculate mass flow as a function of differential pressure, static pressure and temperature.

    Pressure Transmitter Market

    Multifold growth in oil and gas industry especially due to shale gas and oil sands revolution in past few years has made North America the dominant region in the global pressure transmitter market in 2014, as pressure transmitters are most widely used in oil & gas industry to measure various process parameters. However, the Asia-Pacific is expected to grow at the highest rate for the pressure transmitter market between 2015 and 2020. The pressure transmitter market is expected grow at the highest rate owing to demand from capacity expansion, new project commissioning, and demand for industrial automation, to increase productivity while keeping the cost optimum. The demand for electricity is expected to increase in the near future as living standards rise and economies expand. Initiatives such as ‘Clean Ganga Mission’ in India is expected to bring more investments in wastewater treatment segment because of enforcement of government regulations related to the discharge of industrial wastewater in water bodies. Because of these factors the pressure transmitter market in Asia-Pacific is expected to grow at the highest growth rate during the forecast period.

    On the other hand, the fall in crude oil prices is inhibiting the growth of the pressure transmitter market as it is stalling the installation and commissioning of the new projects in oil & gas industry across the globe which is a key user of such products. Major players in pressure transmitter market are Emerson Electric Company (U.S.), Yokogawa Electric Corporation (Japan), Endress+Hauser AG (Switzerland), ABB Ltd. (Switzerland), Honeywell International, Inc. (U.S.), Siemens AG General Electric (U.S.), Schneider Electric SE (Germany), WIKA Alexander Wiegand SE & Co. KG (Germany), and Dwyer Instruments, Inc. (U.S.).

    Emerson Electric Co. is the leading company in the manufacturing of pressure transmitter market. Emerson’s recent acquisition of the U.S.-based IntelliSAW Inc. and Spectrex, Inc. further supports its inclination towards extending the product line of its measurement and analytical instruments. In addition to this, its recent contracts and agreements, such as with Sasol, BP, and Qatargas project, are likely to support its business growth of the pressure transmitter and field devices business. On the other hand, Yokogawa Electric Corporation is focused on continuous product innovation and collaboration with leading companies in the process industry across the globe.

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