Global Pressure Gauge Market to Reach USD 1,181.8 Million by 2033, Accelerated by Growing Product Application in Petrochemical Fields

January 02, 2025 | Technology & Media

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As per the latest report by IMARC Group, titled "Pressure Gauge Market Report by Output Type (Analog, Digital), Technology (Piezoresistive Pressure Gauge, Capacitive Pressure Gauge, Electromagnetic Pressure Gauge, Resonant Solid State Pressure Gauge, Optical Pressure Gauge), Application (Aviation and Defense, Automotive, Healthcare, Energy, and Others), and Region 2025-2033," the global pressure gauge market size reached USD 929.9 Million in 2024. Pressure gauges are essential devices that help monitor and regulate the pressure of fluids and gases, ensuring they are within safe operating limits. They include various components, including a dial, pointer, bourdon tube, and a connection port, that provide accurate readings of fluid or gas pressure. These readings help prevent equipment failure, reduce downtime, and improve efficiency. Apart from this, pressure gauges can withstand high temperatures and pressures, thus meeting the accuracy of data even in harsh environments. Pressure gauges offer various advantages, including higher accuracy, reliability, and durability. They also require minimal maintenance and are easy to install, due to which they are widely used in the automotive, aerospace, manufacturing, and construction sectors. Currently, they are available in analog and digital, vacuum, compound, and differential gauges variants.

Global Pressure Gauge Market Trends:

The escalating demand for petrochemicals in consumer staples and automotive parts represents one of the key factors boosting the market growth. In the automotive industry, pressure gauges are used to measure the amount of fuel in fuel tanks of buses that rely on liquified or compressed natural gas (CNG), which, in turn, is accelerating the market growth. Moreover, the escalating prevalence of chronic diseases and the COVID-19 outbreak are driving the adoption of pressure gauges in the healthcare sector, which is propelling the market growth. In line with this, key market players are introducing digital pressure gauges with advanced sensors to transmit data to computers for immediate use, which is providing a significant thrust to the market growth. Apart from this, the rising product application in manufacturing heavy-duty vehicles and the increasing demand for petrochemicals are fueling the market growth. Looking forward, the market value is projected to reach USD 1,181.8 Million by 2033, expanding at a CAGR of 2.56% during 2025-2033.

Market Summary:

Based on output type, the market has been bifurcated into analog and digital.
On the basis of technology, the market has been divided into piezoresistive, capacitive, electromagnetic, resonant solid state, and optical pressure gauge.
By application, the market is categorized into aviation and defense, automotive, healthcare, energy, and others.
The report has analyzed the key regional markets including North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has also been examined, with some of the key players being AMETEK Inc., Badotherm, CIRCOR International Inc., Crane Co., Dwyer Instruments Inc., Emerson Electric Co., Fluke Corporation (Fortive Corporation), Honeywell International Inc., Newbow Aerospace Ltd., OMEGA Engineering Inc. (Spectris plc), QED Aerospace, WIKA Alexander Wiegand SE & Co. KG and Winters Instruments Limited.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Segment Coverage	Output Type, Technology, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	AMETEK Inc., Badotherm, CIRCOR International Inc., Crane Co., Dwyer Instruments Inc., Emerson Electric Co., Fluke Corporation (Fortive Corporation), Honeywell International Inc., Newbow Aerospace Ltd., OMEGA Engineering Inc. (Spectris plc), QED Aerospace, WIKA Alexander Wiegand SE & Co. KG and Winters Instruments Limited.
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Pressure Gauge Market to Reach USD 1,181.8 Million by 2033, Accelerated by Growing Product Application in Petrochemical Fields

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