Research and Markets (http://www.researchandmarkets.com/research/c5plcr/pressure) has announced the addition of the "Pressure Transmitter Market - Global Trend & Forecast to 2020" report to their offering.

The global pressure transmitter market was valued at $2.82 billion in 2014, and it is expected to reach $3.77 billion by 2020, growing at a CAGR of 5.0% during the forecast period. The demand from power, chemical, pharmaceutical, and water & wastewater industries are expected to contribute to growth of global pressure transmitter.

The market for multi variable transmitters is expected to exhibit the highest growth rate as single instrument can measure multiple parameters and reduce the total process cost as compared to other measurement instruments. Multi variable transmitters directly compute the mass flow or standard volume flow for gases, steams, and liquids (hydrocarbon and non-hydrocarbon) with dynamic flow compensation from the parameters such as differential pressure, static pressure, and temperature. Asia-Pacific is expected to register the highest growth rate during the forecast period in the pressure transmitter market because of emphasis on industrial automation and optimum utilization of resources as growing urbanization and industrialization is putting pressure on available resources.

Increasing labor cost even in developing countries is making the companies especially in the process industries to increase the degree of automation at the plant or field which not only results, in term of cost saving, but also help them to ensure the safety and security of the staff.

Companies Mentioned:

  • ABB Ltd.
  • Dwyer Instruments, Inc.
  • Emerson Electric Company
  • Endress+Hauser AG
  • General Electric
  • Honeywell International Inc.
  • Schneider Electric SE
  • Siemens AG
  • Wika Alexander Wiegand Se & Co. KG
  • Yokogawa Electric Corporation

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview 6 Industry Trends

7 Pressure Transmitter Market, By Type

8 Pressure Transmitter Market, By Communication Protocol

9 Pressure Transmitter Market, By Sensing Technology

10 Pressure Transmitter Market, By Fluid Type 11 Pressure Transmitter Market, By Industry

12 Pressure Transmitter Market, By Application

13 Pressure Transmitter Market, By Geography

14 Competitive Landscape

15 Company Profiles

For more information visit http://www.researchandmarkets.com/research/c5plcr/pressure