the development of industrial automation, various industries are gradually
moving towards informationization and intellectualization. Driven by the market, pressure transmitters are constantly developing and expanding the market.
the development of domestic economy, the development of pressure transmitter market is facing tremendous opportunities and challenges. In terms of market
competition, the number of pressure transmitter enterprises is increasing, and
the market is facing the asymmetry of supply and demand. Pressure transmitter
industry has strong requirements for further shuffling, but in some pressure
transmitter market segments there is still greater room for development,
information technology will become the core competitiveness.
to the research report, the global pressure transmitter
market revenue is
expected to reach US$3.77 billion (about RMB 24.8 billion) by 2020, with a compound
growth rate of 5.0%. With the increasing automation of industrial production
process, the need to optimize resources, reduce costs and improve safety has
promoted the development of this market. Pressure transmitters will be used in
power, chemistry, water supply, drainage and pharmaceutical industries.
terms of classification, the multivariable transmitter market is growing
rapidly. Although the cost of this device is high, it can measure many
parameters, reduce the measurement cost of the whole process, and thus help
enterprises save a lot of potential costs. Regionally, North America accounted
for a larger share of the global pressure transmitter market in 2014. However,
due to the expansion of energy capacity and the commissioning of new projects
in the Asia-Pacific region, industrial automation and production need to be
increased in order to maintain optimal cost. It is expected that the
Asia-Pacific region will become a fast-growing pressure transmitter market
between 2015 and 2020.
the domestic market, the transmitter industry has a broad space for
development. According to the forecast of relevant personnel, the future market
of intelligent pressure transmitter industry will mainly be in the power
industry, petrochemical industry, fertilizer, environmental protection and
urban construction industries. They assert that whoever has good technology,
excellent quality and continuous development of new products will be able to take
the lead and stand out in the fierce market competition.