Pressure Transmitter Market Report

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Pressure Transmitter Market 

• The annual demand for pressure transmitter market was USD 3.52 billion in 2024 and is expected to reach USD 3.64 billion in 2025, up 3.5% than the value in 2024.
• During the next 8 years (forecast period of 2025-2032), the pressure transmitter market is expected to grow at a CAGR of 3.12%. The annual demand will reach of USD 4.52 billion in 2032, which is almost 1.24 times (~24% up) of the demand in 2025.
• During 2025-2032, the pressure transmitter industry is expected to generate a cumulative sales opportunity of USD 32.63 billion which is almost 1.82 times the opportunities during 2019-2024.

High-Growth Market Segments: 

• Asia Pacific generated the highest demand in 2024, with growing focus on industrial expansion, infrastructure development, and energy efficiency as the key growth drivers in the region.
• By type, differential segment is projected to be the dominant segment during the forecast period.
• By fluid type, liquid segment is projected to be the dominant segment during the forecast period.
• By industry type, oil & gas segment is projected to be the dominant segment during the forecast period.

Market Statistics 

Have a look at the sales opportunities presented by the pressure transmitter market in terms of growth and market forecast.

Pressure Transmitter Market Data & Statistics

Market Dynamics

Introduction

What is pressure transmitter systems?

A pressure transmitter is a mechanical device that converts the expansion force of a liquid or gas sample into an electrical output. The device converts the pressure into an electrical signal employing a transducer. Pressure transmitters are crucial elements in process control, industrial automation, and monitoring systems, which translate pressure readings into analog or digital signals for utilization in control systems. This type of sensor, also known as a pressure transducer, usually consists of a pressure-sensitive surface area made of steel, silicon, or other materials, depending on the composition of the analyte.

The pressure transmitter market is the global market dealing with the production, sale, and utilization of equipment that measures pressure in liquids or gases. The market is experiencing steady growth fuelled by demand from industries such as power generation, oil & gas, chemical, water & wastewater, and pharmaceuticals.

Market Drivers:

Increased Implementation of Automated Systems:

• The pressure transmitter market is fuelled by the growing use of automation to maximize assets and improve efficiency. Various industries are incorporating new technologies to maximize processes, minimize waste, and maximize productivity. Pressure, flow, and liquid level monitoring in real-time supports smart decision-making and predictive maintenance.
• Industries such as oil & gas, mining, aerospace, and automotive, with severe cost pressures and thin margins, depend on automation to reduce errors and operational expense. Pressure transmitters are central to this role by sensing deviation, avoiding equipment failure, and minimizing downtime. Their incorporation in automated systems goes a long way in enhancing operating reliability, efficiency, and general process performance.

Market Challenges:

Cybersecurity Challenges Associated with IoT Integration:

• With pressure transmitters connected to Industrial Internet of Things (IoT) networks, they provide real-time monitoring and enhanced efficiency but are also susceptible to cyberattacks. Power, pharmaceutical, and oil & gas industries are particularly exposed to system failures due to breaches.
• With increased dependency on connected technologies, it becomes critical to secure pressure transmitters to guard data, ensure operational continuity, and prevent industrial systems from cyber threats. All these factors obstruct the pressure transmitters, leading to hindrance of the market.

Market Opportunities:

Deployment of Smart Calibration on Pressure Transmitters:

• Continued technological developments and advancements can considerably propel the growth of the pressure transmitter market. Developments like the innovation of smart calibration techniques, which allow automatic adjustment on real-time operating conditions, in turn reduce the need for manual calibration, saving both time and labour cost.
• Furthermore, the integration of smart calibration also enhances the reliability, accuracy, and prevents disruptions of pressure transmitters. This can act as a significant opportunity for the pressure transmitter market, ensuring its tremendous growth in the future.

Segment Analysis

By Type 

“Differential segment is anticipated to experience robust growth during the forecast period.”

• The pressure transmitter market is segmented by type into differential, absolute, gauge, multivariable.
• Differential segment is projected to lead the market during the forecast period due to their vital role in the measurement of flow, level, and pressure differences in significant industries like oil & gas, chemicals, power generation, and water & wastewater treatment.
• A differential pressure transmitter can also provide precise measurements even in high-pressure and harsh conditions, making it a necessity in complicated industrial operations. additionally, usage in the chemical industry for controlling processes increases demand, as the need for precise pressure measurement helps ensure production quality and regulatory requirement adherence.   

By Fluid Type 

“Liquid segment will hold the largest share of the market during the forecast period.”

• The pressure transmitter market is segmented by fluid type into liquid, steam, gas.
• Liquid segment is projected to be the dominant segment during the forecast period influenced by the common application of gauge and differential pressure transmitters to measure liquid level. The products are critical in terms of monitoring storage tanks as well as groundwater pumps by detecting hydrostatic pressure and producing accurate and reliable measurements.
• Fluid transmitters are indispensable in maintaining operational efficiency and safety in offshore and onshore operations due to their capacity to work in harsh conditions. Equally, the petrochemical industry depends on such transmitters to monitor pressure in liquefied petroleum gas (LPG), crude, petrol, and other petroleum derivatives. Such traits of the fluid transmitter propel its scaling ion into the global market.

By Industry Type

“Oil & Gas segment is expected to be the dominant segment during the forecast period.”

• The pressure transmitter market is segmented by industry type into oil & gas, chemicals, water & wastewater treatment, food & beverages, pulp & paper, metals & mining, and pharmaceutical.
• Oil & Gas segment is projected to be the dominant segment during the forecast period, driven by rapid technological advancements and increasing demand for efficient pressure monitoring solutions. A key factor behind this growth is the rise in offshore drilling activities, industrial shift towards automation and digitalization, accompanied by stricter environmental and safety regulations.

Regional Analysis

“Asia Pacific is expected to be the dominant and fastest-growing region over the forecasted period.”

• Based on region, the pressure transmitter market has been segmented into North America, Europe, Asia Pacific, and the Rest of the world.
• Asia Pacific is expected to be the dominant and fastest-growing region over the forecasted period due to increasing emphasis on industrial growth, infrastructure development, and energy efficiency. Demand for accurate pressure monitoring is growing in major industries like oil & gas, chemicals, power generation, water & wastewater treatment, and manufacturing is gaining momentum which in turn is making the APAC region the largest market holder of the pressure transmitters.

Competitive Landscape

Top Players 

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the pressure transmitter market -  

• ABB
• Schneider Electric
• Emerson Electric Co.
• Yokogawa Electric Corporation
• Endress+Hauser Group Services AG
• Danfoss
• Azbil Corporation
• Krohne Group
• Huba
• Ashcroft, Inc.

Note: The above list does not necessarily include all the top players in the market.

Are you a leading player in this market? We would love to include your name. Please write to us at [email protected]

Recent Developments/Mergers & Acquisitions: 

• In November 2024, ABB (Switzerland) introduced the P series family of pressure transmitters, including the P100, P300, and P500 series. The new pressure transmitter families, which provide industrial and utility applications with high-performance and extremely accurate measurement, enable industrial plants to maximize process control and optimize energy efficiency.
• In August 2024, ABB (Switzerland) introduced the PGS300 as its first instrument with an Environmental Product Declaration (EPD). The instrument takes measurements of liquid, gas, and steam pressure, which is vital for industries like chemicals, oil & gas, and hydrogen in terms of safety and efficiency.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation 

This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The pressure transmitter market is segmented into the following categories:

By Type

• Differential
• Absolute
• Gauge
• Multivariable

By Fluid Type

• Liquid
• Steam
• Gas

By Measurement Application Type

• Level
• Flow
• Pressure

By Industry Type

• Oil & Gas
• Chemicals
• Water & Wastewater Treatment
• Food & Beverages
• Pulp & Paper
• Metals & Mining
• Pharmaceuticals

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and the Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s pressure transmitter market realities and future market possibilities for the forecast period. 
• The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across industries. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]