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According to the latest research, the global Pressure Gauge market size was valued at USD 1565.5 million in 2022 and is expected to expand at a CAGR of 2.61% during the forecast period, reaching USD 1827.15 million by 2028.
Pressure gauge refers to the use of elastic components as sensitive components to measure and indicate higher than ambient pressure. The application is extremely common, and it is used in almost all industrial processes and scientific research fields. It can be seen everywhere in the field of heat pipe network, oil and gas transmission, water supply and gas supply system, vehicle maintenance and repair shop, etc.
Growing need to maximize production yield
Growing need to maximize production yield is one of the major factors driving the global industrial pressure measurement product services market. The process and discrete industries across all geographies are striving to maximize their production yield by reducing downtime. The reduction of downtime can be achieved by proper maintenance of the equipment. Calibration of the equipment assures that it is ready to be used in industrial facilities. Apart from this, it also helps to maximize industrial capabilities and reduce downtime which adds to the costs for company and delays the production process. The need to maximize production yield has encouraged industries to invest in industrial pressure measurement product services.
Intense competition due to price sensitivity
One of the challenges in the market is high competition due to price sensitivity. The presence of numerous suppliers in the global pressure measurement product services market affects the pricing of services offered by different vendors. The pricing offered by most vendors is similar to that of competitors.
Request for safety of equipment and personnel
The industrial pressure measurement product services market in the Americas occupied approximately 37% of the market share in 2017. Safety of equipment and personnel has been the key priority in the end-user industries in the Americas. Therefore, the requirement for calibration, commissioning, and replacement is increasing, resulting in the need for industrial pressure measurement product services. The Americas was followed by the EMEA and APAC in terms of market share.
Growing demand in emerging economies.
In the automotive, healthcare and industrial sectors, Asia Pacific accounted for 34.8% of total revenue in 2017. The growing demand for research technology and emerging industries in emerging economies such as China, South Korea and India is expected to stimulate regional demand for these pressure gauges. The growth of the Brazilian industrial sector is expected to be the main driver of economic growth in Latin America.
Region Overview:
North Am is projected to account for a considerable share of the Pressure Gauge market and is expected to become the largest region by 2028.
Company Overview:
Nagano Keiki Co., Ltd. is one of the major players operating in the Pressure Gauge market, holding a share of 11.62% in 2023.
Nagano Keiki Co., Ltd.
NAGANO KEIKI CO., LTD. manufactures measuring instruments such as pressure gauges, transmitters, and temperature gauges primarily used for automobiles. The Company also makes equipment for the semiconductor industry, such as pressure regulators, transducers, digital pressure gauges, and power supplies.
WIKA Alexander Wiegand Beteiligungs-GmbH
Over the past 60 years WIKA has built a reputation as a renowned partner and competent specialist for any task in the field of measurement technology. On the basis of steadily growing efficiency, innovative technologies are applied when developing new products and system solutions.
Segmentation Overview:
By type, Aneroid Gauges segment accounted for the largest share of market in 2022.
Application Overview:
By application, the Industrial Processes segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Pressure Gauge industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Pressure Gauge. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Pressure Gauge Market Report Include:
Market Size Estimates: Pressure Gauge market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Pressure Gauge market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Pressure Gauge market
Segment Market Analysis: Pressure Gauge market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Pressure Gauge market situations and prospects in major and top regions and countries
Pressure Gauge Market
Pressure Gauge Industry Chain: Pressure Gauge market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Pressure Gauge Industry News, Policies by regions
Pressure Gauge Industry Porters Five Forces Analysis
Key players in the global Pressure Gauge market are covered in Chapter 2:
Fluke Corporation
OMEGA Engineering, Inc.
Nagano Keiki Co., Ltd.
KELLER AG für Druckmesstechnik
SIKA Dr. Siebert & Kühn GmbH & Co. K
Tel-Tru Manufacturing Co.
Marsh Bellofram
WIKA Alexander Wiegand Beteiligungs-GmbH
Badotherm
Nuova Fima Group
Manfred Junemann Mess- und Regeltechnik GmbH
AMETEK, Inc.
Dwyer Instruments, Inc.
Winters Instruments
In Chapter 6 and Chapter 9, on the basis of types, the Pressure Gauge market from 2018 to 2028 is primarily split into:
Hydrostatic Gauges
Aneroid Gauges
Spinning-rotor Gauges
In Chapter 7 and Chapter 10, on the basis of applications, the Pressure Gauge market from 2018 to 2028 covers:
Industrial Processes
Research Areas
Oil and Gas Transmission
Water Supply System
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Pressure Gauge market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Pressure Gauge industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Pressure Gauge market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Pressure Gauge industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Pressure Gauge market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Pressure Gauge market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Pressure Gauge market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Pressure gauge refers to the use of elastic components as sensitive components to measure and indicate higher than ambient pressure. The application is extremely common, and it is used in almost all industrial processes and scientific research fields. It can be seen everywhere in the field of heat pipe network, oil and gas transmission, water supply and gas supply system, vehicle maintenance and repair shop, etc.
Growing need to maximize production yield
Growing need to maximize production yield is one of the major factors driving the global industrial pressure measurement product services market. The process and discrete industries across all geographies are striving to maximize their production yield by reducing downtime. The reduction of downtime can be achieved by proper maintenance of the equipment. Calibration of the equipment assures that it is ready to be used in industrial facilities. Apart from this, it also helps to maximize industrial capabilities and reduce downtime which adds to the costs for company and delays the production process. The need to maximize production yield has encouraged industries to invest in industrial pressure measurement product services.
Intense competition due to price sensitivity
One of the challenges in the market is high competition due to price sensitivity. The presence of numerous suppliers in the global pressure measurement product services market affects the pricing of services offered by different vendors. The pricing offered by most vendors is similar to that of competitors.
Request for safety of equipment and personnel
The industrial pressure measurement product services market in the Americas occupied approximately 37% of the market share in 2017. Safety of equipment and personnel has been the key priority in the end-user industries in the Americas. Therefore, the requirement for calibration, commissioning, and replacement is increasing, resulting in the need for industrial pressure measurement product services. The Americas was followed by the EMEA and APAC in terms of market share.
Growing demand in emerging economies.
In the automotive, healthcare and industrial sectors, Asia Pacific accounted for 34.8% of total revenue in 2017. The growing demand for research technology and emerging industries in emerging economies such as China, South Korea and India is expected to stimulate regional demand for these pressure gauges. The growth of the Brazilian industrial sector is expected to be the main driver of economic growth in Latin America.
Region Overview:
North Am is projected to account for a considerable share of the Pressure Gauge market and is expected to become the largest region by 2028.
Company Overview:
Nagano Keiki Co., Ltd. is one of the major players operating in the Pressure Gauge market, holding a share of 11.62% in 2023.
Nagano Keiki Co., Ltd.
NAGANO KEIKI CO., LTD. manufactures measuring instruments such as pressure gauges, transmitters, and temperature gauges primarily used for automobiles. The Company also makes equipment for the semiconductor industry, such as pressure regulators, transducers, digital pressure gauges, and power supplies.
WIKA Alexander Wiegand Beteiligungs-GmbH
Over the past 60 years WIKA has built a reputation as a renowned partner and competent specialist for any task in the field of measurement technology. On the basis of steadily growing efficiency, innovative technologies are applied when developing new products and system solutions.
Segmentation Overview:
By type, Aneroid Gauges segment accounted for the largest share of market in 2022.
Application Overview:
By application, the Industrial Processes segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Pressure Gauge industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Pressure Gauge. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Pressure Gauge Market Report Include:
Market Size Estimates: Pressure Gauge market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Pressure Gauge market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Pressure Gauge market
Segment Market Analysis: Pressure Gauge market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Pressure Gauge market situations and prospects in major and top regions and countries
Pressure Gauge Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Pressure Gauge Industry Chain: Pressure Gauge market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Pressure Gauge Industry News, Policies by regions
Pressure Gauge Industry Porters Five Forces Analysis
Key players in the global Pressure Gauge market are covered in Chapter 2:
Fluke Corporation
OMEGA Engineering, Inc.
Nagano Keiki Co., Ltd.
KELLER AG für Druckmesstechnik
SIKA Dr. Siebert & Kühn GmbH & Co. K
Tel-Tru Manufacturing Co.
Marsh Bellofram
WIKA Alexander Wiegand Beteiligungs-GmbH
Badotherm
Nuova Fima Group
Manfred Junemann Mess- und Regeltechnik GmbH
AMETEK, Inc.
Dwyer Instruments, Inc.
Winters Instruments
In Chapter 6 and Chapter 9, on the basis of types, the Pressure Gauge market from 2018 to 2028 is primarily split into:
Hydrostatic Gauges
Aneroid Gauges
Spinning-rotor Gauges
In Chapter 7 and Chapter 10, on the basis of applications, the Pressure Gauge market from 2018 to 2028 covers:
Industrial Processes
Research Areas
Oil and Gas Transmission
Water Supply System
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Pressure Gauge market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Pressure Gauge industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Pressure Gauge market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Pressure Gauge industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Pressure Gauge market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Pressure Gauge market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Pressure Gauge market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
