Press release
Pressure Transmitter Market Projected to Reach USD 3,645.41 Million by 2034, Growing at a CAGR of 3.8%
Pressure Transmitter Market
The report analyzes the pressure transmitter market to register sustained growth. The market was valued at USD 2,492.53 million in 2024 and is projected to grow to USD 3,645.41 million by 2034. It is anticipated to register a CAGR of 3.8% during 2025-2034.
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Market Introduction:
A pressure transmitter, also referred to as a pressure transducer, is a device that detects and responds to changes in pressure. It converts the measured pressure into an electrical signal for use in control systems. Pressure transmitters typically consist of a pressure sensing element, a measurement circuit, and a process connection for integrating them into a system. Upon applying pressure, the pressure sensing element deforms. The deformation is converted into a corresponding electrical signal by the measurement circuit. The signal can then be sent to control systems or displays for monitoring and control. Pressure transmitters often adhere to specific industry standards for electrical and mechanical interfaces and output signals.
Market Dynamics:
Increasing Adoption of Industrial Automation: Industries are increasingly integrating automated systems to improve product quality and enhance operational efficiency. Power transmitters are key components in these automated processes. They offer crucial real-time pressure information for control and monitoring loops. The growing reliance on automated systems across diverse industries directly fuels the need for pressure transmitters, impacting the pressure transmitter market demand favorably.
Expansion of the Renewable Energy Sector: Renewable energy technologies need advanced monitoring and control systems to optimize energy generation and ensure operational safety. Power transmitters play a crucial role in applications like coolant pressure monitoring in solar power plants and hydraulic systems in wind turbines. The rising focus on sustainable energy sources and increasing investments in renewable energy projects are driving the adoption of pressure transmitters.
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Market Key Players:
The competitive landscape of the market is characterized by the presence of both global players and specialized manufacturers. A few of the key market participants include:
• ABB Ltd
• Dwyer Instruments Inc.
• Emerson Electric Co.
• Endress+Hauser Group Services AG
• Honeywell International Inc.
• Schneider Electric
• Siemens AG
• VEGA Grieshaber KG
• WIKA Alexander Wiegand SE & Co. KG
• Yokogawa Electric Corporation
Pressure Transmitter Industry Developments:
April 2025 - Emerson unveiled the Rosemount 490A Optical Dissolved Oxygen Sensor, a digital, Modbus-enabled device aimed at improving operational flexibility and lowering maintenance costs in water and wastewater treatment, as well as other industrial sectors.
November 2024 - ABB showcased its upgraded pressure transmitter portfolio at the China International Import Expo (CIIE) 2024. The enhanced range includes the P-100, P-300, and P-500 series, engineered to provide accurate, high-performance measurement solutions for a wide array of industrial and utility applications.
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Market Segmentation:
By Fluid Type Outlook (Revenue - USD Million, 2020-2034)
• Liquid
• Gas
• Steam
By Measurement Application Outlook (Revenue - USD Million, 2020-2034)
• Level
• Pressure
• Flow
By Type Outlook (Revenue - USD Million, 2020-2034)
• Differential Pressure
• Absolute
• Gauge
• Multivariable
By End-Use Outlook (Revenue - USD Million, 2020-2034)
• Gas & Oil
• Chemical
• Treatment of Water & Wastewater
• Power
• Pharmaceuticals
• Paper & Pulp
• Mining & Metals
• Food & Beverage
• Others
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Regional Assessment:
North America holds the largest share of the global market. This is primarily due to the region's well-established industrial base, especially in sectors such as chemicals, oil and gas, and power generation. All of these sectors are significant consumers of pressure transmitters. In addition, the high adoption of advanced automation technologies and the presence of stringent quality standards contribute to the regional market dominance.
Asia Pacific is registering the highest growth rate. The region's robust expansion is driven by its robust industrial growth across key economies like India and China. Increasing investments in infrastructure development and the expansion of key end-use industries contribute to the regional market growth.
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