Press Release

United States Pressure Gauge Market to Grow at a CAGR of 4.2% During 2024-2032, Aided by Innovations and Advancement in Technology

United States Pressure Gauge Market

According to a new report by EMR titled, ‘The United States Pressure Gauge Market Report and Forecast 2024-2032’, the market is estimated to grow at a CAGR of 4.2% in the forecast period of 2024-2032. The market growth can be attributed to rapid industrialisation and growing demand from diverse end use sectors.

The United States pressure gauge market is aided by advancements in smart gauge technology, addressing issues like vibration and overpressure. Smart gauges promise safer environments and process reliability, bolstering their demand as alternatives to conventional gauges. Sensor technology ensures accurate readings, enhancing their appeal. The market benefits from the extensive applications in aviation, defence, and automotive industries and the rising defence spending further augments its demand, particularly for ensuring quality in submarines and aircraft.

 

While digital gauges are known for their superior accuracy, the focus on further improving the technology with increased research and development is leading to the market expansion.

 

In addition, the growing demand for pressure gauges in the healthcare sector as medical equipment such as anaesthesia equipment, angioplasty inflation devices, dental systems, medical regulators, and respiratory equipment is leading to the market development. The requirement for accurate and reliable pressure measurement in medical devices has been the driving force behind the market.

 

In December 2022, OMEGA Engineering launched the DPG509 Series, its newest digital pressure gauge. The new digital pressure gauge has a simple interface, with large buttons and a clear 4-digit backlit display. It offers accuracy as high as 0.08%, which makes it perfect for crucial applications. 

 

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Market Breakup by Output Type, Technology, Application, and Region:

  • The market is segmented based on output type into analogue and digital.
  • Based on technology, the market can be divided into piezoresistive pressure gauge, capacitive pressure gauge, electromagnetic pressure gauge, resonant solid state pressure gauge, and optical pressure gauge.
  • Based on application, the market is divided into aviation and defence, automotive, healthcare, and energy, among others. 
  • Region-wise, the US pressure gauge market is divided into New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West. 

 

Key Findings of the Report:

  • A rising focus on innovation and research and development, including advancements in smart pressure gauges, is expected to strengthen the growth trajectory of the market. 
  • Pressure gauges have diverse applications in various industries, including defence and healthcare, and the rapid industrialisation around the world is expected to further enhance their demand. 
  • Increasing use of pressure gauges in medical systems like anaesthesia equipment, angioplasty inflation devices, dental systems, medical regulators, and respiratory equipment is fueling the market growth.

 

Key Offerings of the Report:

  • The EMR report gives an overview of the United States pressure gauge market for the periods (2018-2023) and (2024-2032).
  • The report also offers historical (2018-2023) and forecast (2024-2032) market information for the output type, technology, application, and major regions of pressure gauge.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

 

The major players in the United States pressure gauge market are WIKA Instrument, LP, QED Inc., Meggitt PLC, Honeywell International Inc., Winters Instruments, and Emerson Electric Co., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Output Type
  • Technology
  • Application
  • Region
Breakup by Output Type
  • Analogue
  • Digital
Breakup by Technology
  • Piezoresistive Pressure Gauge
  • Capacitive Pressure Gauge
  • Electromagnetic Pressure Gauge
  • Resonant Solid State Pressure Gauge
  • Optical Pressure Gauge
Breakup by Application
  • Aviation and Defence
  • Automotive
  • Healthcare
  • Energy
  • Others
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • WIKA Instrument, LP
  • QED Inc.
  • Meggitt PLC
  • Honeywell International Inc.
  • Winters Instruments
  • Emerson Electric Co.
  • Others

 

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

 

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

 

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