With
advancement in industrial and consumer appliances, the markets for
electronic pressure transmitters and transducers have grown in last
decade. The innovative electronic and mechanical equipment being used
in industries are expensive and need high maintenance. In order to
prolong the lives of the industrial equipment involving fluid flow,
pressure controlling and monitoring of such fluids is of high
importance. This factors have acted as driver for the pressure
transmitters and transducers’ market.
In-depth
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Transducers Market with Full TOC at :
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Pressure
is one of the important factors of the fluid-power circuits. A
pressure transducer is a device that senses and converts fluid
pressures into electric signals. Due to the sensing ability of the
device, a pressure transducer is also termed as a pressure sensor. A
pressure transducer in connected to a preferred electrical source and
exposed to a pressure source. The sensory component of a constant
area within the transducer measures the pressure by responding to
force applied by the fluid on its area. The applied force deflects
the diaphragm used in the transducer. Such deflections, stress, and
strains are converted into an output electric signal through various
transduction methods. When the resulted signals are transmitted over
long distances, they get grossly distorted. Thus, an electronic
pressure transmitter is used that prevents such losses or electrical
noises to intervene with the output electrical signals. Such device
amplifies such output electrical signal by using an electric
amplifier. Amplification of the signals compensates for any losses
incurred during transmission over long distances.
Electronic
pressure transmitters and transducers’ market can be segmented on
the basis of end user industry such as the oil & gas, automotive,
semiconductor, aerospace, power, alternative energy, water, HVAC,
pneumatics/hydraulics and the process industries. In oil and gas
sector, these products are being installed in onshore, offshore, and
subsea environments. Pressure equipment are used for hydraulic
drilling pressure downhole, rig safety, flow line pressure, additive
metering pumps, subsea injection valves, well clean outs, pipeline
monitoring, as well as in product such as gas compressor and storage
tanks. Well service companies are using pressure equipment for
hydraulic fracturing, nitrogen pumping, steam injection and coiled
tubing, among others. Power generation is another major sector where
these products are being used in gas flow measurements, turbine
balancing, steam pressure measurements, and micro-turbines for
standby power. The flexibility and technological edge provided by the
pressure instruments have made them suitable to be used in industries
such as wind, hydrogen, solar, methane, and bio-fuels industry. As
the application areas of pressure transmitters and transducers are
numerous, the demand in this market is expected to increase in the
forecasted period. However, huge investments are incurred in
research and development required to make them at par with the
advancing technology used in industries. This act as a major
restraint for such electronic equipment’s market.
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The
markets for electronic pressure transmitters and transducers are
expected to benefit significantly from the matured industrial and
commercial markets of North America. The pressure transducers form a
key component of the engine of an automobile as it monitors and
regulates the oil and coolant pressures during acceleration of the
car. Such process helps in achieving suitable speeds when accelerator
or brake is pressed. The enhancing automotive sector of Mexico is
expected to result in development of the markets for electronic
pressure transmitters and transducers. Furthermore the superior
technologies of the computer device and mobile phones with touch
screen displays also use such pressure transmitters and transducers.
The pressure transducer senses and converts the applied pressure by
fingers and accordingly produces electrical signals that inform the
processor. The U.S is one of the largest markets for such devices. In
Asia Pacific region, such markets are projected a high growth in the
years to come. The strong manufacturing bases, huge capacity
additions, and the increased oil and gas exploration activities of
China and India are assumed to demand for pressure transducers and
transmitters to guarantee improved performances of such appliances.
Thus, the increasing demand for such products tends to push their
market evolvement in these nations. The growing offshore production
activities in Brazil and Africa are also estimated to demand for the
electronic pressure transmitters and transducers. Especially the
requirement for the pressure transducers is likely to grow as they
help in the estimation of the ocean depth and other marine conditions
to make certain that the operating electronic devices are safe.
The
electronic pressure transmitters and transducers markets can be
segmented on the basis of the type of pressure measurement done.
Absolute pressure sensing and transmitting involves measuring of
pressure with respect to the vacuum. The differential pressure
transduction and transmission involves pressure measuring and
comparing at two different points. Gauge pressure measurement is done
by comparing the pressure at a point with the existing atmospheric
pressure.
Some
of the key players in the electronic pressure transmitters and
transducers markets are ABB, SensorONE Ltd., WIKA, Sensata
Technologies, Inc., Emerson Electric Co., Yokogawa Electric
Corporation, Honeywell International Inc., and Endress+Hauser Consult
AG, among others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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