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Pressure Gauge Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

September 2023 | 147 pages | ID: PB349925C099EN
IMARC Group

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Market Overview:

The global pressure gauge market size reached US$ 879.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,100.6 Million by 2028, exhibiting a growth rate (CAGR) of 2.9% during 2023-2028.

Pressure gauges are instruments used to measure the fluid, gas, water or steam pressure for ensuring the consistency of a product, carrying out a safety check, and preventing leakages in a system. They comprise mechanical linkages that are primarily utilized for measuring static and variable pressures. They are widely available in various designs, ranges, and display units, depending on industry applications, such as petrochemical, power stations, mining, and environmental technology. At present, several manufacturers are designing pressure gauges with additional safety measures, such as blow devices, to protect front workers from injuries caused by leakage or explosion.

Pressure Gauge Market Trends:
Pressure gauges are extensively used in petrochemical fields for measuring oil and gas production. This, in confluence with the escalating demand for petrochemicals in consumer staples, such as household goods and personal products, and automotive parts and appliances, represents one of the key factors influencing the market positively. Apart from this, pressure gauges are employed in the automotive industry for measuring and indicating the amount of fuel in a fuel tank of heavy-duty trucks and buses, which rely on liquified or compressed natural gas (CNG). This can also be attributed to the increasing demand for heavy-duty vehicles for the transportation of daily essentials and goods. Besides this, the growing prevalence of chronic diseases and the coronavirus disease (COVID-19) outbreak are catalyzing the adoption of pressure gauges in angioplasty inflation devices, anesthesia equipment, medical regulators, respiratory equipment, and dental systems. Furthermore, market players are introducing digital pressure gauges with advanced sensors to transmit data to computers for immediate use. Such innovations are anticipated to provide a favorable outlook to the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global pressure gauge market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on output type, technology and application.

Breakup by Output Type:

Analog
Digital

Breakup by Technology:

Piezoresistive Pressure Gauge
Capacitive Pressure Gauge
Electromagnetic Pressure Gauge
Resonant Solid State Pressure Gauge
Optical Pressure Gauge

Breakup by Application:

Aviation and Defense
Automotive
Healthcare
Energy
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AMETEK Inc., Badotherm, CIRCOR International Inc., Crane Co., Dwyer Instruments Inc., Emerson Electric Co., Fluke Corporation (Fortive Corporation), Honeywell International Inc., Newbow Aerospace Ltd., OMEGA Engineering Inc. (Spectris plc), QED Aerospace, WIKA Alexander Wiegand SE & Co. KG and Winters Instruments Limited.

Key Questions Answered in This Report

1. How big is the global pressure gauge market?
2. What is the expected growth rate of the global pressure gauge market during 2023-2028?
3. What are the key factors driving the global pressure gauge market?
4. What has been the impact of COVID-19 on the global pressure gauge market?
5. What is the breakup of the global pressure gauge market based on the application?
6. What are the key regions in the global pressure gauge market?
7. Who are the key players/companies in the global pressure gauge market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
  2.3.1Primary Sources
  2.3.2Secondary Sources
2.4Market Estimation
  2.4.1Bottom-Up Approach
  2.4.2Top-Down Approach
2.5Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1Overview
4.2Key Industry Trends

5 GLOBAL PRESSURE GAUGE MARKET

5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast

6 MARKET BREAKUP BY OUTPUT TYPE

6.1Analog
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2Digital
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY TECHNOLOGY

7.1Piezoresistive Pressure Gauge
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2Capacitive Pressure Gauge
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3Electromagnetic Pressure Gauge
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4Resonant Solid State Pressure Gauge
  7.4.1 Market Trends
  7.4.2 Market Forecast
7.5Optical Pressure Gauge
  7.5.1 Market Trends
  7.5.2 Market Forecast

8 MARKET BREAKUP BY APPLICATION

8.1Aviation and Defense
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2Automotive
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3Healthcare
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4Energy
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5Others
  8.5.1 Market Trends
  8.5.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1Overview
12.2Bargaining Power of Buyers
12.3Bargaining Power of Suppliers
12.4Degree of Competition
12.5Threat of New Entrants
12.6Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
  14.3.1AMETEK Inc.
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
    14.3.1.3 Financials
  14.3.2Badotherm
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
  14.3.3CIRCOR International Inc.
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
    14.3.3.4 SWOT Analysis
  14.3.4Crane Co.
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
    14.3.4.4 SWOT Analysis
  14.3.5Dwyer Instruments Inc.
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
  14.3.6Emerson Electric Co.
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 Financials
    14.3.6.4 SWOT Analysis
  14.3.7Fluke Corporation (Fortive Corporation)
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
  14.3.8Honeywell International Inc.
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
    14.3.8.4 SWOT Analysis
  14.3.9Newbow Aerospace Ltd.
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
  14.3.10OMEGA Engineering Inc. (Spectris plc)
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
  14.3.11QED Aerospace
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
  14.3.12WIKA Alexander Wiegand SE & Co. KG
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio
  14.3.13Winters Instruments Limited
    14.3.13.1 Company Overview
    14.3.13.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Pressure Gauge Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Pressure Gauge Market Forecast: Breakup by Output Type (in Million US$), 2023-2028
Table 3: Global: Pressure Gauge Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 4: Global: Pressure Gauge Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Pressure Gauge Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Pressure Gauge Market: Competitive Structure
Table 7: Global: Pressure Gauge Market: Key Players


LIST OF FIGURES

Figure 1: Global: Pressure Gauge Market: Major Drivers and Challenges
Figure 2: Global: Pressure Gauge Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Pressure Gauge Market: Breakup by Output Type (in %), 2022
Figure 5: Global: Pressure Gauge Market: Breakup by Technology (in %), 2022
Figure 6: Global: Pressure Gauge Market: Breakup by Application (in %), 2022
Figure 7: Global: Pressure Gauge Market: Breakup by Region (in %), 2022
Figure 8: Global: Pressure Gauge (Analog) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Pressure Gauge (Analog) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Pressure Gauge (Digital) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Pressure Gauge (Digital) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Pressure Gauge (Piezoresistive Pressure Gauge) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Pressure Gauge (Piezoresistive Pressure Gauge) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Pressure Gauge (Capacitive Pressure Gauge) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Pressure Gauge (Capacitive Pressure Gauge) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Pressure Gauge (Electromagnetic Pressure Gauge) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Pressure Gauge (Electromagnetic Pressure Gauge) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Pressure Gauge (Resonant Solid State Pressure Gauge) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Pressure Gauge (Resonant Solid State Pressure Gauge) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Pressure Gauge (Optical Pressure Gauge) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Pressure Gauge (Optical Pressure Gauge) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Pressure Gauge (Aviation and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Pressure Gauge (Aviation and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Pressure Gauge (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Pressure Gauge (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Pressure Gauge (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Pressure Gauge (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Pressure Gauge (Energy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Pressure Gauge (Energy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Pressure Gauge (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Pressure Gauge (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: North America: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: North America: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: United States: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: United States: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Canada: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Canada: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Asia-Pacific: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Asia-Pacific: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: China: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: China: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Japan: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Japan: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: India: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: India: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: South Korea: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: South Korea: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Australia: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Australia: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Indonesia: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Indonesia: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Others: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Others: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Europe: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Europe: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Germany: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Germany: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: France: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: France: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: United Kingdom: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: United Kingdom: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Italy: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Italy: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Spain: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Spain: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Russia: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Russia: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Latin America: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Latin America: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Brazil: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Brazil: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Mexico: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Mexico: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Middle East and Africa: Pressure Gauge Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Middle East and Africa: Pressure Gauge Market: Breakup by Country (in %), 2022
Figure 80: Middle East and Africa: Pressure Gauge Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Global: Pressure Gauge Industry: SWOT Analysis
Figure 82: Global: Pressure Gauge Industry: Value Chain Analysis
Figure 83: Global: Pressure Gauge Industry: Porter's Five Forces Analysis


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