Global Pressure Transmitter Market Size, Share, Growth Analysis Report - Forecast 2034

Pressure Transmitter Market: Industry Perspective

The global pressure transmitter market size was worth around USD 6.33 Billion in 2024 and is predicted to grow to around USD 9.92 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 4.6% between 2025 and 2034.

The report analyzes the global pressure transmitter market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the pressure transm

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Pressure Transmitter Market: Overview

Pressure transmitter is also referred to as a pressure sensor tool. It is utilized for measuring pressure in liquids, fluids, and gases. Furthermore, there is a slew of applications of pressure transmitters in the industrial and automotive sectors. Moreover, pressure transmitters are also utilized for measuring the pressures in machinery in order to alert the operators of catastrophe situations. Apart from this, these products are utilized in the consumer electronics sector for user-friendly interfaces and indoor navigation. Furthermore, they also find applications in the healthcare sector to measure blood pressure data.

Moreover, pressure transmitters have varied mechanisms for measuring pressure. This includes the rapid changes in pressure on piezoelectric materials that transform pressure in mechanical force into electric current. Pressure transmitter is used in integration with other devices for measuring altitudes, depth, water flow, and pressure loss for preventing any leakage in the industrial system.

Key Insights

• As per the analysis shared by our research analyst, the global pressure transmitter market is estimated to grow annually at a CAGR of around 4.6% over the forecast period (2025-2034).
• Regarding revenue, the global pressure transmitter market size was valued at around USD 6.33 Billion in 2024 and is projected to reach USD 9.92 Billion by 2034.
• The pressure transmitter market is projected to grow at a significant rate due to rising industrial automation, demand for process optimization in oil & gas and manufacturing sectors, and advancements in IoT-enabled smart sensors.
• Based on End-use Industry, the Oil and Gas segment is expected to lead the global market.
• On the basis of Type, the Absolute segment is growing at a high rate and will continue to dominate the global market.
• Based on region, North America is predicted to dominate the global market during the forecast period.

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Pressure Transmitter Market: Growth Factors

Growing focus on industrial automation for optimizing the use of resources to drive the global market trends  

Rapid expansion of the pressure transmitter market across the globe over the forecast timespan can be owing to the massive use of industrial automation systems such as pressure transmitters for eliminating human intervention. Moreover, these products can withstand any climatic conditions including submerging in fluids such as water. In addition to this, pressure transmitters help in monitoring & recording valuable data for improving productivity, recognizing patterns, and executing changes for preventing future untoward incidences. Apart from this, pressure transmitters find lucrative applications in oil & gas, power generation, chemicals, food & beverages, pharmaceuticals, pulp & paper, water & wastewater, and metal & mining sectors.

Furthermore, the integration of industry 4.0 & the industrial internet of things and the high potential of processing industries will embellish the growth of the pressure transmitter market across the globe. Growing need for real-time data analysis and predictive maintenance to drive the global pressure transmitter market trends.

Pressure Transmitter Market: Hindrances

Need for maintaining & frequently updating software to impede the global industry surge

Industrial systems are required to be upgraded and maintained according to changing business needs. This can hamper the rapid expansion of the global pressure transmitter industry. In addition, the execution of industrial automation has prompted digital transformation but increased the complexity of the total measurement as well as process analysis of given parameters. This can put brakes on the growth of the global industry.

Pressure Transmitter Market: Opportunities

Escalating popularity of multivariable pressure transmitters to generate new growth avenues for the global market

With immense demand for multivariable pressure transmitters due to their ability in enhancing output, improve process efficacy, and ensure plant safety, it is likely that the pressure transmitter market will gain traction in the years ahead. Apart from this, escalating need for accuracy and constant flow measurements will open new growth opportunities for the global pressure transmitter market.

Pressure Transmitter Market: Challenges

Growing competition from participants from unorganized & gray sectors has proved to be the biggest challenge to the industry growth

Players in the gray sector purchase products in bulk from different kinds of illegal sources and sell these products at reduced costs. Moreover, there are many regional players in the unorganized sector that manufacture pressure transmitters and sell them at lower costs. All these above-mentioned aspects can pose a big challenge for the global pressure transmitter industry surge.

Pressure Transmitter Market: Segmentation

The global pressure transmitter market is sectored into sensing technology, type, fluid type, application, end-user industry, and region.

In terms of type, the global market is divided into absolute, gauge, differential pressure, and multivariable segments. Apparently, the differential pressure transmitter segment, which held more than half of the global market share in 2022, will make lucrative contributions toward the global market share even during the forecast timeline. The segmental surge can be credited to large-scale use of these products for pressure, flow, and level application in a spectrum of industries including the oil & gas industry.  

In terms of end-user industry, the pressure transmitter market across the globe is divided into food & beverages, oil & gas, pharmaceuticals, chemical, water & wastewater treatment, pulp & paper, power, and metal & mining segments. Additionally, the water & wastewater treatment segment is set to record the highest CAGR of 4.5% over the forecast period subject to massive use of pressure transmitters in wastewater treatment units for monitoring the flow, level, and pressure of fluids.

Pressure Transmitter Market: Report Scope

Recent Breakthroughs

• In the first quarter of 2022, KROHNE Group, a key manufacturer & provider of process instrumentation & measurement solutions, launched pressure transmitters of OPTIBAR PSM 2010 kind for gauge & absolute measurement of pressures in liquids and gases. The move will boost the growth of the pressure transmitters market across the globe.
• In the first half of 2022, Danfoss, a Denmark-based firm offering power solutions, sensing solutions, and high-pressure pumps, introduced a new pressure transmitter referred to as DST P650 which is embedded with a smart scalable diagnostic tool and is devised to work in tough & extreme climatic conditions. The initiative will embellish the global market trends.
• In the second half of 2021, Schneider Electric SE, a key French player in the digital automation & energy management business, introduced EcoStrucxure Automation Expert Version 21.2 which will augment the abilities of a universal automation tool that is software-centric. Reportedly, the new version will provide wastewater units with an enhanced diagnostic system for their automation tools.

Pressure Transmitter Market: Regional Insights 

Pressure Transmitter Market in Asia-Pacific To Record Highest CAGR of 4.1% in 2025-2034

The pressure transmitter market in the Asia-Pacific sub-continent is slated to record the highest growth rate over the ensuing years. The growth of the regional market in coming years can be due to the burgeoning demand for power supply and a large number of chemical exports. Moreover, the presence of giant product manufacturers in the region will help in contributing substantially towards the market surge in the Asia-Pacific zone.

Pressure Transmitter Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the pressure transmitter market on a global and regional basis.

The global pressure transmitter market is dominated by players like:

• ABB Ltd.
• Danfoss
• Omega Engineering Inc.
• Emerson Electric Co.
• Schneider Electric
• WIKA Instruments India Pvt. Ltd.
• Honeywell Process Solutions
• Dwyer Instruments Inc
• Siemens
• Yokogawa India Ltd.

The global pressure transmitter market is segmented as follows;

By End-use Industry

• Oil and Gas
• Water and Wastewater Treatment
• Metals and Mining
• Pharmaceutical
• Others

By Type

• Absolute
• Gauge
• Differential
• Multivariable

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America