Frequently Asked Questions
The global pressure transmitter market size was valued at USD 3.16 billion in 2023.
The global pressure transmitter market is to grow at a CAGR of 3.86% during the forecast period of 2024 to 2031.
The major players operating in the market are ABB (Switzerland), Emerson Electric Co. (U.S.), Siemens AG (Germany), General Electric (U.S.), Schneider Electric (France), Endress+Hauser Management AG (Switzerland), Yokogawa Electric Corporation (Japan), Honeywell International Inc. (U.S.), WIKA Alexander Wiegand SE & Co. KG (Germany), Dwyer Instruments Inc. (U.S.), Fuji Electric Co. Ltd. (Japan), Hitachi Ltd. (Japan), Azbil Corporation (Japan), KROHNE Ltd (Germany), JUMO GmbH & Co. KG (Germany), BD SENSORS GmbH (Germany), Setra Systems (U.S.), Aplisens S.A. (Poland), Ashcroft Inc. (U.S.), SensorsONE Ltd (U.K.), Mitsubishi Electric Corporation (Japan), and Sensata Technologies Inc. (U.S.).
Growth in oil and gas sector and expansion of water and wastewater management are major drivers of the market.
The market is segmented into two notable segments based on