Market Overview:
The Asia Pacific pressure transmitter market size reached US$ 931.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,271.2 Million by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023 |
US$ 931.9 Million |
Market Forecast in 2032 |
US$ 1,271.2 Million |
Market Growth Rate (2024-2032) |
3.4% |
A pressure transmitter is a device that determines and feeds the pressure attribute of a medium. It consists of a sensing unit, amplifier and an output signal generator to measure the pressure levels of industrial gases and liquids. The sensor in the device facilitates the conversion of mechanical pressure into a proportional electrical signal. Pressure transmitters are used along with other control systems to measure the depth, water flow and altitude in various end user industries, such as petroleum and chemical, metallurgical, power, light, pharmaceutical, food and beverage, and pulp and paper.
The Asia Pacific pressure transmitter market is primarily driven by the growth of the rebounding oil and gas industry. For instance, the growing oil and gas sector in China due to the return of its national oil companies (NOC) is providing a positive impact on the market. Furthermore, the industry is also benefitting from the heavy amount of crude oil that is exported to China. Besides this, with the improving economic situation, end users are investing significantly in increasing automation capability and adhering to higher levels of safety protocols in their facilities in the developing economies of the Asia Pacific region. Other factors, such as extensive research and development (R&D) and technological advancements, are creating a positive outlook for the market in the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Asia Pacific pressure transmitter market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on type, sensing technology, fluid type, application, and end use industry.
Breakup by Type:
- Absolute Pressure Transmitters
- Gauge Pressure Transmitters
- Differential Pressure Transmitters
- Multivariable Pressure Transmitters
Breakup by Sensing Technology:
- Strain Gauge
- Capacitive
- Piezoelectric
- Others
Breakup by Fluid Type:
Breakup by Application:
Breakup by End Use Industry:
- Oil & Gas
- Power Generation
- Water & Wastewater
- Food & Beverages
- Chemicals
- Metals & Mining
- Pulp & Paper
- Pharmaceuticals
- Others
Breakup by Country:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Type, Sensing Technology, Fluid Type, Application, End Use Industry, Country |
Countries Covered |
China, Japan, India, South Korea, Australia, Indonesia, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Asia Pacific pressure transmitter market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Asia Pacific pressure transmitter market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the sensing technology?
- What is the breakup of the market based on the fluid type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Asia Pacific pressure transmitter market and who are the key players?
- What is the degree of competition in the industry?