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Global Pressure Gauge Market Forecast to 2030 - COVID-19 Impact and Analysis by Product Type (Analog and Digital); Application (Manufacturing, Chemical and Petrochemical, Oil & Gas, Medical, Food & Beverage, Energy and Power, Aviation, and Others); and Geography

  • Industry : Manufacturing & Construction
  • No. of Pages : 185
  • Report Code : YVMC10224

Global Pressure Gauge Market Introduction

The pressure gauge is the type of measurement instrument that is used for pressure measurement. These instruments are ideally used for testing and monitoring purposes. The pressure gauges are widely used for fluid pressure measurement in various applications including, oil and gas, aviation, energy and power, healthcare, manufacturing, chemical & petrochemicals, and among others which anticipating the growth of the pressure gauge market. Moreover, the increasing usage of digital pressure gauges in various medical equipment, such as ventilators and oxygen cylinders has also fueled the demand for the pressure gauge market growth. The Asia-Pacific region is projected to witness the highest growth rate during the forecast period due to the presence of the manufacturing and industrial sectors in countries, like China, India, South Korea, Japan, and others. Furthermore, the growing requirement for suitable pressure measurement for liquid or gaseous media coupled with the government regulations for the machinery and control equipment used in the industry also positively impacts the growth of the pressure gauge market during the forecast period.

Global Pressure Gauge Market Overview

The global pressure gauge market provides an in-depth analysis of segments and sub-segments, region, and country analysis of the overall growth prospects in the market. The report offers a complete overview of the industry, including both qualitative and quantitative information. The pressure gauge market report covers a complete analysis and provides market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions, including North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The research report highlights underlying factors such as the drivers, restraints, opportunities, and trends of the global pressure gauge market over the long as well as short period of time. Furthermore, the global pressure gauge market report offers PEST analysis, NOISE analysis, improvement Venn diagram, brand recall, perceptual mapping, ecosystem/value chain analysis, Porter’s five forces analysis, and investment pocket analysis with respect to the market. By examining the data collected from primary and secondary methods, the report offers actionable insights into future growth based on inputs from industry experts to help readers formulate effective strategies. This information can help stakeholders to make appropriate decisions before investing.


Global Pressure Gauge Market Insights

The market study offers a complete overview of leading companies and their successful marketing strategies and market contribution, such as business overview, financial information, SWOT analysis, and key strategies, such as recent developments, market expansion, partnership, merger & acquisitions, product launch, product update, and other contexts. Players operating in the global pressure gauge market mainly focus on the adoption of various strategies to expand their footprint across the world and take the initiative for the development of innovative, efficient, and advanced products.

Market Mapping

Market mapping or perceptual mapping is the graphical representation of where a brand, product, or service stands among competitors. Market mapping analysis helps to understand the client how their customers perceive their product offering with their competitors for the pressure gauge market. By identifying their current products and competitor products on the market map, the business can fill an identified gap to compete with the competition actively.


COVID-19 Impact on Global Pressure Gauge Market

The COVID-19 pandemic has largely impacted globally since December 2019. According to the World Health Organization (WHO) report, the US, India, Russia, Brazil, Italy, France, Argentina, Spain, Colombia, the UK, Germany, and Mexico are some of the worst affected countries due to the COVID-19. The pandemic is hampering the growth of economies worldwide, and it is likely to continue in 2021. The outbreak disrupts various industries, such as manufacturing, construction, automotive, textiles, chemicals, cosmetics, tourism, hospitality, consumer goods, transportation, IT and telecom, pharmaceutical, and among others. This results in several obstacles in the supply chain of raw materials required for packaging, resulting in demand-supply gaps. This scenario is expected to have a large impact on the global pressure gauge market.

With Corona Virus Disease 2019 (COVID-19) pandemic, the world is fighting against Covid-19 pandemic and also economic pandemic, almost impacting trillions of dollars of revenues. Our company brings a high-level insight as well as very deep insights relevant to several promising markets. The study will cover:

·        Rapid shifts in top 100 companies across each sector

·        Growth and decline in each sector due to the COVID-19 pandemic

Global Pressure Gauge Market Segmentation

 

Global Pressure Gauge Market – by Product Type

·        Analog

·        Digital

Global Pressure Gauge Market – by Application

·        Manufacturing

·        Chemical and Petrochemical

·        Oil & Gas

·        Medical

·        Food & Beverage

·        Energy and Power

·        Aviation

·        Others 

Global Pressure Gauge Market – by Region

·        North America

o   US

o   Canada

o   Mexico

·        Europe

o   Germany

o   France

o   Italy

o   UK

o   Russia

o   Spain

o   Netherlands

o   Rest of Europe

·        Asia-Pacific (APAC)

o   China

o   India

o   South Korea

o   Japan

o   Australia

o   Singapore

o   Rest of APAC

·        LAMEA

o   Latin America

o   Middle East

o   Africa

Key Players     

1.      AMETEK Inc.

2.      Ashcroft Inc.

3.      Brooks Instrument

4.      Dwyer Instruments

5.      Emerson Electric Co.

6.      Engineered Specialty Products, Inc.

7.      Honeywell International Inc.

8.      Omega Engineering

9.      PCI Instruments Ltd

10.   QED Inc.

11.   Sika AG

12.   SMC Corporation

13.   Swagelok

14.   WIKA

15.   Winters Instruments

Brand Recall

Brand awareness is the methodology by which customers are able to recall or recognize a brand (unaided/aided) under several different conditions with respect to the market. These strategies will help the company make people more aware of your brand, especially by targeting relevant, high-quality audiences for the pressure gauge market.


Key Questions Answered

·        Which region provides more business opportunities for the global pressure gauge market in the upcoming years?

·        Who is the leading overall pressure gauge market, and what strategies have been adopted by them?

·        Which segment accounted for the largest pressure gauge market share?

·        What are the upcoming trends in the global pressure gauge market? What impact would these trends make in the coming years for the pressure gauge market?

·        Which player offering the best product range for the global pressure gauge market?

Key Benefits for Stakeholders

·        This study presents the analytical description of the pressure gauge market analysis along with the current trends and future estimations to describe coming up investment pockets

·        The complete pressure gauge market opportunity is resolute by knowing profitable trends to gain a stronger foothold

·        The report describes insights associated with key drivers, restraints, opportunities, and trends of the global pressure gauge market with thorough impact analysis

·        The global pressure gauge market is quantitatively analyzed from 2017 to 2030 to focus on the monetary ability

·        PEST analysis defines the potency of the consumers and suppliers in the global pressure gauge market

·        Porter’s five forces analysis examines the five forces that make a competitive company while identifying its strength and weakness. The analysis will also identify competition, new entrants in the market, supplier power, buyer power, and threat of substitute products and services in the global pressure gauge market

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