Developments in Industrial and Consumer Appliances Propel Global Electronic Pressure Transmitters and Transducers Market.

Pressure sensors are capable of measuring the pressure levels of most solids, liquids, and gases. A common type of transducer, a pressure sensor converts pressure into an electrical signal, thereby creating a logical method to measure and compare objects or spaces in terms of pressure. A pressure transducer is a core component in most fluid-power circuits. Once connected to the desired point in a circuit, the pressure transducer will perform the tasks allotted to it within the circuit.

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A pressure transducer works by way of a diaphragm that deflects whenever it is subjected to pressure. This deflection is measured in amplitude and is then turned into an electrical signal for further use. However, this electrical signal will suffer losses when travelling over long distances, further complicating the use of a pressure transducer. To negotiate with this issue, an electronic pressure transmitter is used. A pressure transmitter helps negate the losses that a signal might incur over long distances by amplifying it before sending it ahead.The key players in the global electronic pressure transmitters and transducers market are Endress+Hauser Consult AG, Honeywell International Inc., Yokogawa Electric Corporation, Emerson Electric Co., Sensata Technologies, Inc., SensorONE Ltd., WIKA, and ABB.

Global Pressure Sensors Market Growing Rapidly due to Rising Demand for Sensors
The global sensors market is progressing at a CAGR of 6.20% between 2014 and 2020. This market was valued at US$6.5 bn in 2014 and is expected to maintain its momentum in the near future. The global electronic pressure transmitters and transducers market is in extremely close relation to the global pressure sensors market, in the sense that an electronic pressure transducer is a type of pressure sensor. We can therefore see that the larger market is growing at a rate fast enough to create ample demand from the global electronic pressure transmitters and transducers market.

Flexibility of Global Electronic Pressure Transmitters and Transducers Market Creates Greater Opportunities

One of the biggest driving factors for electronic pressure transmitters and transducers is the range of technologies and fields they can be applied to. The generalized end-use industries of global electronic pressure transmitters and transducers are process industries, industries that use pneumatics/hydraulics, HVAC, water management services, alternative energy companies, power sector, the aerospace industry, and the automotive industry. The greatest use of pressure transducers and transmitters, however, is in the oil and gas sector. The global electronic pressure transmitters and transducers market has massive scope of application in subsea, offshore, and onshore scenarios.

The oil and gas sector requires dependable and accurate readings of pressure. This includes gas storage tanks and compressors, well clean-outs, subsea injection valves, flow line pressure, rig safety, and downhole drilling pressure measurement. The global electronic pressure transmitters and transducers market has a similarly broad scope of use in the power sector and the well service industry. Currently, the greatest restraint on the global electronic pressure transmitters and transducers market is the massive investment required in securing a satisfactory configuration of transducers and receivers.

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Asia Pacific Shows Fastest Growth Rate in Global Electronic Pressure Transmitters and Transducers Market

North America has so far been the dominant region in the global electronic pressure transmitters and transducers market, owing to its matured industries that are major end users of pressure sensors and are constantly required to measure oil and coolant pressures, among other things. The North America region’s demand for pressure sensors is further boosted by Mexico and its booming automotive industry. However, the fastest growth rate in the global electronic pressure transmitters and transducers market is shown by Asia Pacific, one of the most rapidly developing regions in the world.We can therefore see that the global electronic pressure transmitters and transducers market, being a crucial part of a large number of industries, will continue to expand at a rapid rate.

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