Reports
Global Pressure Gauge Market: By Output Type: Analogue, Digital; By Application: Aviation and Defence, Automotive, Healthcare, Energy, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Pressure Gauge Market Outlook
The global pressure gauge market is expected to grow in the forecast period of 2023-2028 at a CAGR of 3.5%.
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Rising Demand for Pressure Gauge in the Aerospace Industry Boosting the Market Growth
The use of pressure gauges in the aerospace industry is propelling the market growth. As it is crucial to determine the operating range of engines precisely to enable efficient maintenance and manufacturing, the deployment of pressure gauges in the engine of aircraft is increasing, which is augmenting the market growth. Moreover, the requirement for identifying oil pressures in aircraft to prevent high-temperature conditions and excessive friction is surging the demand for analogue pressure gauges, which is invigorating the industry growth. In addition, the growing deployment of fuel pressure gauges that can warn of any potential danger is further increasing the demand for pressure gauges. As various stringent measures to increase safety in pressure gauge is increasing; thus, the requirement for optimal engines is significantly escalating. This, in turn, is surging the demand for pressure gauges, therefore providing further impetus to the growth of the pressure gauge industry.
Pressure Gauge: Definition and Segmentation
A pressure gauge is a measurement instrument that is used to determine the fluid intensity of liquid or gases. It measures the pressure of a device or machinery to ensure consistency and prevent the risk of leaks of machines. It is crucial for tuning, setting, and manufacturing fluid power machines and systems, due to which it is deployed for various industrial applications.
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The major output types of pressure gauge are:
- Analogue
- Digital
The market can be broadly categorised on the basis of its applications segments into:
- Aviation and Defence
- Automotive
- Healthcare
- Energy
- Others
The EMR report looks into the regional markets of pressure gauge like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Extensive End Uses of Pressure Gauges in Various Industries to Bolster the Market Growth
The global market for pressure gauge is being driven by the extensive uses of pressure gauges such as gas-based systems and oil-based systems. Moreover, the requirement of measuring pressure in industrial products, such as water heaters, gas cylinders, and fire extinguishers, among others, is surging the demand for pressure gauges. The development of corrosion-resistant pressure gauges to be deployed in challenging environmental conditions, such as petrochemical, power, and energy industries, among others, is increasing the demand for pressure gauges, which is further augmenting the market growth. In addition, the rising availability of chemical seals and case protectors to protect pressure gauges, consequently enhancing their durability, is positively impacting the industry growth. Apart from this, the rising demand for pressure gauges in the energy sector to transport natural gas is also aiding the market growth. This trend is expected to accelerate in the forecast period as the demand for alternative energy sources is escalating, which is projected to fuel the market growth in the upcoming years.
Key Industry Players in the Global Pressure Gauge Market
The report presents a detailed analysis of the following key players in the global pressure gauge market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- WIKA Alexander Wiegand SE & Co. KG
- QED Inc.
- Meggitt PLC
- Honeywell International Inc.
- Winters Instruments
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Output Type, Application, Region |
| Breakup by Output Type | Analogue, Digital |
| Breakup by Application | Aviation and Defence, Automotive, Healthcare, Energy, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | WIKA Alexander Wiegand SE & Co. KG, QED Inc., Meggitt PLC, Honeywell International Inc., Winters Instruments, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Pressure Gauge Market Analysis
8.1 Key Industry Highlights
8.2 Global Pressure Gauge Historical Market (2018-2022)
8.3 Global Pressure Gauge Market Forecast (2023-2028)
8.4 Global Pressure Gauge Market by Output Type
8.4.1 Analogue
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Digital
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Pressure Gauge Market by Application
8.5.1 Aviation and Defence
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Automotive
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Healthcare
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Energy
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Pressure Gauge Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Pressure Gauge Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Pressure Gauge Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Pressure Gauge Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Pressure Gauge Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Pressure Gauge Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 WIKA Alexander Wiegand SE & Co. KG
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 QED Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Meggitt PLC
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Honeywell International Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Winters Instruments
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Materials
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Pressure Gauge Market: Key Industry Highlights, 2018 and 2028
2. Global Pressure Gauge Historical Market: Breakup by Output Type (USD Million), 2018-2022
3. Global Pressure Gauge Market Forecast: Breakup by Output Type (USD Million), 2023-2028
4. Global Pressure Gauge Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Pressure Gauge Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Pressure Gauge Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Pressure Gauge Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Pressure Gauge Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Pressure Gauge Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Pressure Gauge Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Pressure Gauge Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Pressure Gauge Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Pressure Gauge Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Pressure Gauge Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Pressure Gauge Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Pressure Gauge Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Pressure Gauge Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Pressure Gauge Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 3.5% between 2023 and 2028.
The market is being driven by the rising deployment of pressure gauges in the aerospace sector and the increasing demand for petrochemicals in consumer goods.
The key trends of the market include advancements in technology, growing deployment of pressure gauges in various industrial products, and the development of corrosion-resistant pressure gauges.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading output types of pressure gauge in the market are analogue and digital.
The significant applications of pressure gauge in the market are aviation and defence, automotive, healthcare, and energy, among others.
The key players in the global pressure gauge market are WIKA Alexander Wiegand SE & Co. KG, QED Inc., Meggitt PLC, Honeywell International Inc., and Winters Instruments, among others.
Analyst Review
The global pressure gauge market is driven by the rising deployment of pressure gauges in the aerospace sector. Aided by the development of corrosion-resistant pressure gauge, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 3.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its output types, the pressure gauge industry can be segmented into analogue and digital. On the basis of application, the industry is divided into aviation and defence, automotive, healthcare, and energy, among others. The major regional markets for pressure gauge are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include WIKA Alexander Wiegand SE & Co. KG, QED Inc., Meggitt PLC, Honeywell International Inc., and Winters Instruments, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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