Just Published: "Pressure Transmitter Market - Global Trend & Forecast to 2020"

Pressure Transmitter Market by Type (Absolute, Gauge, Differential Pressure, and Multivariable), Application, Fluid Type, Sensing Technology, Communication Protocol, Industry (Oil & Gas, Chemical, Power, and Others) and Geography - Global Trend & Forecast to 2020

"The pressure transmitter market is expected to grow at steady growth rate"

The global pressure transmitter market was valued at USD 2.82 billion in 2014, and it is expected to reach USD 3.77 billion by 2020, growing at a CAGR of 5.0% during the forecast period. The demand from power, chemical, pharmaceutical, and water & wastewater industries are expected to contribute to growth of global pressure transmitter.

"Multivariable pressure transmitter is expected to grow at the highest CAGR"

The market for multivariable transmitter is expected to exhibit the highest growth rate as single instrument can measure multiple parameters and reduce the total process cost as compared to other measurement instruments. Multivariable transmitters directly compute the mass flow or standard volume flow for gases, steams, and liquids (hydrocarbon and non-hydrocarbon) with dynamic flow compensation from the parameters such as differential pressure, static pressure, and temperature. Multivariable transmitters reduce pipe penetrations and save on impulse piping with three measurements from a single instrument.

Full Report Details at
- http://www.fastmr.com/prod/1114027_pressure_transmitter_global.aspx?afid=301

"Asia-Pacific is expected to drive the pressure transmitter market"

Asia-Pacific is expected to register the highest growth rate during the forecast period in the pressure transmitter market because of emphasis on industrial automation and optimum utilizations of resources as growing urbanization and industrialization is putting pressure on available resources. Increasing labor cost even in developing countries is making the companies especially in the process industries to increase the degree of automation at the plant or field which not only results, in term of cost saving, but also help them to ensure the safety and security of the staff.

Breakdown of profile of primary participants

* By Company Type: Tier 1 - 55 %, Tier 2 - 20% and Tier 3 - 25%
* By Designation: C-level - 30%, Manager level - 55%, Others - 15%
* By Region: North America - 10%, Europe - 20%, APAC - 40%, RoW - 30%

Major players in pressure transmitter market are Emerson Electric Company (U.S.), Yokogawa Electric Corporation (Japan), Endress+Hauser AG (Switzerland), ABB Ltd. (Switzerland), Honeywell International, Inc. (U.S.), Siemens AG (Germany), General Electric (U.S.), Schneider Electric SE (Germany), WIKA Alexander Wiegand SE & Co. KG (Germany), and Dwyer Instruments, Inc. (U.S.).

Reasons to Buy the Report:

The report would help the market leaders/new entrants in this market in the following ways:

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Pressure Sensor Market - Global Forecast to 2020
- Wireless Power Transmission Market - Global Trend & Forecast to 2020
- Head-Mounted Display Market - Global Trend and Forecast to 2020
- mHealth Solutions Market - Global Forecast to 2020
- Structural Health Monitoring (SHM) Market - Global Trend & Forecast to 2020