What is Digital Pressure Transmitter Market?
Digital pressure transducers used Quartz crystal frequency-output sensors to measure the parameter combined with an integrated microprocessor capability to deliver smart transmitters of pressure. These transmitters, operating under field conditions, can deliver comparable performance to the primary standards.
The market study is being classified and major geographies with country level break-up.
Robert Bosch (Germany), ABB (Switzerland), ASCON TECNOLOGIC S.r.l (Italy), Shanghai LEEG Instruments Co.,Ltd. (China), BD|SENSORS GmbH (Germany), Emerson Automation Solutions – ROSEMOUNT (United States), Angst+Pfister Sensors and Power AG (Switzerland), Brooks Instrument (United States), Emerson Electric (United States), Yokogawa Electric (Japan) and Honeywell (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Schneider Electric (France) and Siemens (Germany).
Global Digital Pressure Transmitter is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Segment Analysis
Analyst at AMA have segmented the market study of Global Digital Pressure Transmitter market by Type, Application and Region.
On the basis of geography, the market of Digital Pressure Transmitter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Application for Digital Pressure Transmitter in Medical and Automotive Sector
- Technological Advancement over the Globe
Market Trend
- Value-Oriented Consumers
- Introduction and Popularity Innovative Technology
Restraints
- High Cost Associated with Digital Pressure Transmitter
Opportunities
- Rising Adoption of IoT and ICT Enabled devices
- Growing Demand for Electronic Products
Challenges
- Lack of Investment in R & D Activities
On 25th June 2020, Robert Bosch has launched a new MEMS sensor, the SMI230, which is a highly precise sensor. The sensor constantly registers changes in the vehicle’s direction and speed, evaluates the information, and transmits it to the navigation system.
Key Target Audience
Digital Pressure Transmitter Manufacturers, Digital Pressure Transmitter Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others