United States Pressure Gauge Market Report and Forecast 2024-2032

United States Pressure Gauge Market Outlook

The United States pressure gauge market is estimated to grow in the forecast period of 2024-2032 at a CAGR of 4.2%.

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Growing Use of Pressure Gauge in the Healthcare Sector Propelling the Market Growth in the United States

The increasing demand for pressure gauges in medical equipment such as anaesthesia equipment, angioplasty inflation devices, dental systems, medical regulators, and respiratory equipment, among others, is augmenting the market growth. With the growing requirement for accurate and reliable pressure measurement in medical devices, the pressure gauge market in the United States is growing. Moreover, the growing geriatric population and the consequent rising hospitalisation rates are surging the use of pressure gauges in devices like ventilators, hence invigorating the market.

The increasing utilisation of digital pressure gauges integrated with micro-electro-mechanical system (MEMS) sensors to provide reliable and precise readings for health issues such as heart failure, brain injury, airway obstruction, compartment syndrome, and spinal tumour, among others, is expected to bolster the market growth. Technological advancements and innovations to develop pressure gauges that are sensitive to minimal fluctuations are further projected to augment the growth of the United States pressure gauge market in the forecast period.

Market Segmentation

A pressure gauge is an instrument that is used for measuring fluid intensity. It eliminates pressure changes or leaks to ensure optimal operating conditions of the hydraulic system. It finds wide applications in various end-use sectors such as automotive, healthcare, aviation and defence, and energy, among others.

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The major output types of pressure gauge are:

• Analogue
• Digital

The market can be broadly categorised on the basis of technologies into:

• Piezoresistive Pressure Gauge
• Capacitive Pressure Gauge
• Electromagnetic Pressure Gauge
• Resonant Solid State Pressure Gauge
• Optical Pressure Gauge

By application, the market is segmented into:

• Aviation and Defence
• Automotive
• Healthcare
• Energy
• Others

The EMR report looks into the regional markets of pressure gauge in the United States like New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

Growing Development of Smart Pressure Gauges to Fuel the United States Market

The increasing development of smart pressure gauge that eliminates issues associated with vibration, overpressure, corrosion, accidental damages, and extreme temperatures is expected to aid the United States pressure gauge market. Smart gauges also provide overpressure protection and a safer field environment while preventing process failures, due to which their utilisation as an alternative to conventional pressure gauges is likely to grow. The use of sensor technology in such gauges to deliver reliable readings is further anticipated to bolster their demand. In addition, pressure gauges find extensive applications in various end-use industries like aviation and defence and automotive, among others. With the growing expenditure on defence by the United States government, the demand for pressure gauges to ensure the optimal quality of submarines and aircraft is expected to surge. The increasing adoption of digital pressure gauges owing to their higher accuracy is likely to provide further impetus to the growth of the pressure gauge market in the United States over the forecast period.

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Key Players in the United States Market for Pressure Gauge

The report presents a detailed analysis of the following key players in the United States pressure gauge market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• WIKA Instrument, LP
• QED Inc.
• Meggitt PLC
• Honeywell International Inc.
• Winters Instruments
• Emerson Electric Co.
• Others

The comprehensive report looks into the macro and micro aspects of the market. 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.

Key Highlights of the Report