Digital Pressure Gauge Market Outlook to 2025 - WIKA Alexander Wiegand SE & Co. KG, Digitron Italia S.r.l, BD Sensors GmbH, GE Digital Energy, Automation Products Group, Esders GmbH, BHV senzory s.r.o., Abest Technology and Instruments Co
After temperature, pressure is the second most important aspect to be managed, in commercial as well as industrial applications. Apart from the industrial and commercial applications, these pressure gauges are used in residential applications, such as the boiler system or inflating the tires. Pressure gauges are devices that provide the most direct and simplest way to measure and detect the pressure. Earlier, analog pressures were used, however owing to the technological transformations around the globe, the place of traditional pressure gauges has been taken by the pressure measurement devices such as transmitters, sensors and transducers.
Digital Pressure Gauge Market to 2025 - Global Analysis and Forecasts by Type (digital air pressure gauge, digital oil pressure gauge, digital differential pressure gauge and digital hydraulic pressure gauge) , Power Source (battery powered and solar powered), Application (machine building, hydraulics & pneumatics and pumps & compressors) and Industry Verticals (energy, oil & gas, construction, mining, transportation, and chemical)
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The Digital Pressure Gauge Market Analysis to 2025 is a specialized and in-depth study of the Digital Pressure Gauge industry with a focus on the global market trend. The report aims to provide an overview of global Digital Pressure Gauge market with detailed market segmentation by types, power source, application, industry verticals and geography. The global Digital Pressure Gauge market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Digital Pressure Gauge players and offers key trends and opportunities in the market.
The new generation digital pressures make use of advanced microprocessors and sensors to display, further accurate pressure reading, as compared to the analog pressure gauge. Moreover, a digital pressure gauge also offers various other features such as, it provides simple and fast read results. The digital pressure gauges are an ideal devices for measurement of the extremely low pressure or small incremental pressure changes. For instance, the digital pressure gauges also provides resolutions of up to 0.001 such as those found when leak testing. Majority of the digital pressure gauges depend upon two measurement technologies including strain gauge and piezoelectric.
Increase in construction activities, rising sales of automobiles and increasing application in the mining industry are the major key drivers enhancing the growth of the hydraulic pumps whereas high cost of manufacturing is one of the restraining factor hindering its market. Demand for the production of renewable energy especially through upgrading the existing hydraulic equipment is the future trend for its long term growth.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key Digital Pressure Gauge Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Some of the key players influencing the market are Hongyi Precision Industrial Inc., WIKA Alexander Wiegand SE & Co. KG, Digitron Italia S.r.l, BD Sensors GmbH, GE Digital Energy, Automation Products Group, Inc., Esders GmbH, and BHV senzory s.r.o., Abest Technology and Instruments Co., Ltd., and Gauging Systems Inc. among others.
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This report segments the global Digital Pressure Gauge Market as follows:
Global Digital Pressure Gauge Market: By Product Type
- 0.5% of span
- 0.25% of span
- 0.1% of span
- 0.05% of span
- 0.02% of span
Global Digital Pressure Gauge Market: By Product Application
- Power Industry
- Chemical/Petrochemical Industry
- Metallurgical industry
- Military machinery
Global Digital Pressure Gauge Market: Regional Segment Analysis
Middle East and Africa
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