United States Pressure Transmitter Market to Reach US$ 1,092.5 Million by 2032, Fueled by Rise of IIoT and Industry 4.0

August 22, 2023 | Heavy Industry

According to the latest report by IMARC Group, titled “­­United States Pressure Transmitter Market Report by Type (Absolute Pressure Transmitters, Gauge Pressure Transmitters, Differential Pressure Transmitters, Multivariable Pressure Transmitters), Sensing Technology (Strain Gauge, Capacitive, Piezoelectric, and Others), Fluid Type (Liquid, Steam, Gas), Application (Flow, Level, Pressure), End Use Industry (Oil & Gas, Power Generation, Water & Wastewater, Food & Beverages, Chemicals, Metals & Mining, Pulp & Paper, Pharmaceuticals, and Others), and Region 2024-2032,” the United States pressure transmitter market size reached US$ 969.1 Million in 2023. A pressure transmitter is an essential instrument used in various industrial processes to measure and monitor pressure levels in fluids, gases, or vapors. Its primary function is to convert the applied pressure into an electrical signal, usually a current or voltage, which can be easily transmitted to control systems, data loggers, or other monitoring devices. The pressure transmitter consists of a sensing element, often a diaphragm or strain gauge, which distorts under pressure changes. This contortion is converted into an electrical signal proportional to the applied pressure. Pressure transmitter finds widespread application in manufacturing, chemical processing, oil and gas, and heating, ventilation, and air conditioning (HVAC) systems for maintaining process efficiency, safety, and control. Their ability to offer real-time data and facilitate automation makes them an essential component in modern industrial settings.

United States Pressure Transmitter Market Trends:

The expanding industrial sector represents the prime driver of the United States pressure transmitter market since industries such as chemical processing, manufacturing, and oil and gas, rely heavily on pressure transmitters for process monitoring and automation. With these industries modernizing and optimizing their operations, there is surging demand for accurate and reliable pressure measurement tools, creating a favorable outlook for market growth. Moreover, the increasing focus on safety and regulatory compliance in various sectors is propelling product adoption to ensure the secure and effective functioning of equipment, pipelines, and systems, thereby reducing the risk of accidents and environmental hazards. In addition to this, the growing adoption of the Industrial Internet of Things (IIoT) and Industry 4.0 practices increases the demand for smart and interconnected pressure transmitters that can communicate real-time data to central control systems, enabling predictive maintenance and optimizing overall efficiency. Concurrently, the ongoing emphasis on energy conservation and sustainability is impelling the need for precise pressure monitoring to minimize wastage and improve energy utilization in different processes. Furthermore, the country’s continuous investments in infrastructure development, particularly in sectors such as water treatment, power generation, and transportation, are aiding in market expansion. Looking forward, the market value is projected to reach US$ 1,092.5 Million by 2032, expanding at a CAGR of 1.3% during 2024-2032.

Market Summary:

  • Based on the type, the market is classified into absolute pressure, gauge pressure, differential pressure, and multivariable pressure transmitters.
  • On the basis of sensing technology, the market has been divided into strain gauge, capacitive, piezoelectric, and others.
  • Based on the fluid type, the market is differentiated into liquid, steam, and gas.
  • On the basis of the application, the market has been segregated into flow, level, and pressure. 
  • Based on the end use industry, the market is categorized into oil & gas, power generation, water & wastewater, food & beverages, chemicals, metals & mining, pulp & paper, pharmaceuticals, and others.
  • On a regional basis, the market has been segmented into Northeast, Midwest, South, and West.
  • The competitive landscape of the industry has also been examined, covering the competitive structure and key player profiles.

Report Scope:

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, Region
Region Covered Northeast, Midwest, South, West
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)

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United States Pressure Transmitter Market to Reach US$ 1,092.5 Million by 2032, Fueled by Rise of IIoT and Industry 4.0
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