Industrial Transmitter Trends and Forecast
The future of the global industrial transmitter market looks promising with opportunities in the oil & gas, energy & power, chemical & petrochemical, and water & wastewater treatment markets. The global industrial transmitter market is expected to reach an estimated $21.5 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are growing demand for industrial automation, rising focus on optimization of industrial operations, and increasing integration of wireless communication and the internet of things (IoT) technology.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Industrial Transmitter by Segment
The study includes a forecast for the global industrial transmitter by type, end use, and region.
Industrial Transmitter Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Pressure Transmitters
• Flow Transmitters
• Level Transmitters
• General Purpose Transmitters
• Temperature Transmitters
• Others
Industrial Transmitter Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Oil & Gas
• Energy & Power
• Chemical & Petrochemical
• Water & Wastewater Treatment
• Others
Industrial Transmitter Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Industrial Transmitter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies industrial transmitter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the industrial transmitter companies profiled in this report include-
• ABB
• AMETEK
• Danfoss
• Dwyer Instruments
• Emerson Electric
• Fuji Electric
• General Electric Company
• Honeywell International
• Schneider Electric
• Siemens
Industrial Transmitter Market Insights
Lucintel forecasts that pressure transmitter is expected to witness the highest growth over the forecast period.
Within this market, oil & gas is expected to witness the highest growth.
APAC is expected to witness the highest growth over the forecast period due to swift industrialization efforts, rising enforcement of strict governmental policies, and a range of product innovations.
Features of the Global Industrial Transmitter Market
Market Size Estimates: Industrial transmitter market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Industrial transmitter market size by type, end use, and region in terms of value ($B).
Regional Analysis: Industrial transmitter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, end uses, and regions for the industrial transmitter market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the industrial transmitter market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the industrial transmitter market size?
Answer: The global industrial transmitter market is expected to reach an estimated $21.5 billion by 2030.
Q2. What is the growth forecast for industrial transmitter market?
Answer: The global industrial transmitter market is expected to grow with a CAGR of 5.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the industrial transmitter market?
Answer: The major drivers for this market are growing demand for industrial automation, rising focus on optimization of industrial operations, and increasing integration of wireless communication and the internet of things (IoT) technology.
Q4. What are the major segments for industrial transmitter market?
Answer: The future of the industrial transmitter market looks promising with opportunities in the oil & gas, energy & power, chemical & petrochemical, and water & wastewater treatment markets.
Q5. Who are the key industrial transmitter market companies?
Answer: Some of the key industrial transmitter companies are as follows:
• ABB
• AMETEK
• Danfoss
• Dwyer Instruments
• Emerson Electric
• Fuji Electric
• General Electric Company
• Honeywell International
• Schneider Electric
• Siemens
Q6. Which industrial transmitter market segment will be the largest in future?
Answer: Lucintel forecasts that pressure transmitter is expected to witness the highest growth over the forecast period.
Q7. In industrial transmitter market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to swift industrialization efforts, rising enforcement of strict governmental policies, and a range of product innovations.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the industrial transmitter market by type (pressure transmitters, flow transmitters, level transmitters, general purpose transmitters, temperature transmitters, and others), end use (oil & gas, energy & power, chemical & petrochemical, water & wastewater treatment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Industrial Transmitter Market, Industrial Transmitter Market Size, Industrial Transmitter Market Growth, Industrial Transmitter Market Analysis, Industrial Transmitter Market Report, Industrial Transmitter Market Share, Industrial Transmitter Market Trends, Industrial Transmitter Market Forecast, Industrial Transmitter Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.