The pressure transmitter market is expected to grow at a CAGR of 3.67% from an estimated value of US$4.094 billion in 2025 to US$4.929 billion in 2030.
Pressure transmitters are pressure sensor tools that help detect pressure in liquids, gases, and fluids and are widely used in industrial and automotive applications. They use various mechanisms to measure the pressure in the machinery to warn about disaster situations in advance. The various pressure levels are represented on a spherical gauge with different colours. These devices combine to avoid leakage in the industrial system by sensing altitudes, depths, pressure loss, and water flow.
The increasing adoption of industrial automation by manufacturing industries worldwide drives the pressure transmitter market. This adoption is driven by benefits such as improved product quality, increased productivity, lower operational costs, and improved health and safety standards during various processes. The development of modern control systems, a new phenomenon in this era, opens up commercial potential.
One of the primary drivers for this area is Industry 4.0. Operational efficiency and profit margins have been skyrocketing as industry 4.0 machinery and applications continue gaining ground with companies over time. Furthermore, pressure transducers are widely used in aircraft flight testing in the aerospace sector. For such vital applications, the technologically specialized, governed aerospace sector globally requires high-quality pressure transducers. Pressure transducers used in harsher, more demanding environments, such as chemical, petrochemical, and oil and gas, have unique properties that ensure they are not compromised.
In order to meet industry needs, vendors are introducing new products that will enable them to acquire a larger share of the pressure transmitter market. In February 2023, for instance, KROHNE Group, a key manufacturer and supplier of process instrumentation and measurement solutions, introduced pressure transmitters with the OPTIBAR PSM 2010 acronym for gauge and absolute measurements in liquids or gases.
The multivariable pressure transmitter is a notable advancement. Temperatures, absolute pressure, & differential pressure are all measured and calculated using multivariable transmitters. As a result, it is used whenever differential pressure measurement requires temperature and pressure adjustment. Its key advantage is that it eliminates the need for multiple transmitters and a mass flow calculator in the field. Using a single device rather than multiple devices minimizes installation and maintenance expenses while providing effective process knowledge. Consequently, the multivariable pressure transmitters' combined benefits are projected to provide significant growth prospects.
A strain gauge is a sensing device that measures the strain felt by an item. Strain gauges primarily produce force and pressure transducers, particularly load cells. Automation, control systems, biomechanics, monitoring systems, structural integrity analysis, high-volume material measuring, testing, and quality control are just a few sectors that employ them.
Pressure transmitters transfer blood pressure information from the catheters to the patient's monitoring system. Further, these transmitters are employed in hospital steam sterilizers to control the quality of steam produced by controlling the pressure within the sterilization chamber. Other factors expected to boost the market in the coming years include increased investments in the healthcare business, as well as increased usage of technologically advanced variations for eliminating human errors.
The adoption of industrial transmitters is limited in industrial settings because small industrialists view them as expensive pieces of equipment. Prices for raw materials frequently fluctuate, which affects industrial transmitters. As a result, the market suffers from raw material price volatility.
The implementation of Industry 4.0 must result in an ecosystem of different connected devices. Due to rising competition in the US industrial sector, additional importance is placed on achieving high-performance efficiency to accomplish optimization & reduced performance failures. Developing a smart product portfolio with digital communication interfaces is a growing trend in the industry. This is predicted to enhance adoption rates significantly. For example, OleumTech, a United States-based manufacturer of wireless IoT & industrial automation solutions, provides the HGPT Smart Gauge Pressure Transmitter. The OleumTech H Series Smart Pressure Transmitters provide efficient performance, accuracy, and dependability for various industrial applications, including petrochemical, electricity, wastewater, and upstream oil and gas.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2025 | US$4.094 billion |
| Market Size Value in 2030 | US$4.929 billion |
| Growth Rate | CAGR of 3.67% from 2025 to 2030 |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2025 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered |
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| Companies Covered |
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| Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Customization Scope | Free report customization with purchase |