The global industrial transmitters market size reached US$ 15.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 21.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.43% during 2023-2028.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Industrial Transmitters
Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028," the global industrial transmitters market size reached
US$ 15.6 Billion in 2022.
Industrial transmitters are devices employed in various industrial processes to
measure and transmit essential data. They are essential in monitoring and
controlling parameters, including pressure, temperature, flow, and level in
industrial settings. They are commonly employed to measure the force exerted
by gases or liquids within a system while ensuring the stability and safety of
processes, providing real-time pressure data, and helping operators make
informed decisions. They are developed to monitor and transmit temperature
readings accurately while maintaining the optimal operating conditions of
equipment and ensuring product quality in industries including manufacturing
and food processing. For instance, flow transmitters measure the rate at which
a liquid or gas flows through a pipeline, which enables precise control of flow
rates, aiding in efficient production and resource management. Additionally,
level transmitters gauge the level of substances in tanks, silos, or containers
essential in preventing overflows or underfill, averting potential hazards and
material wastage. As a result, industrial transmitters are widely adopted for
their reliable and accurate data transmission capabilities, which contribute to
process optimization, quality control, and safety in industrial operations.
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4. Report Description
Global Industrial Transmitters Market Trends:
The market is primarily driven by the increasing automation of industrial processes across various sectors. Industrial
transmitters are essential in process automation for transmitting essential data such as temperature, pressure, level, and
flow measurements, which is essential for ensuring the efficient and safe process of industrial machinery and processes
to enhance productivity and reduce operational costs. Moreover, the widespread adoption of Industrial Internet of Things
(IIoT) technology allows the collection and transmission of real-time data from sensors and devices, which is analyzed to
optimize operations, improve predictive maintenance, and enhance efficiency, representing another major growth-inducing
factor. Along with this, the increasing focus on safety and regulatory compliance in industrial settings led to the
application of industrial transmitters in monitoring and controlling various parameters to ensure a safe work ing
environment, thus propelling market growth. For instance, in the oil and gas industry, transmitters monitor pressure levels
in pipelines to prevent accidents. Besides this, the rising demand for industrial transmitters in pharmaceutical
manufacturing for precise temperature monitoring to preserve product quality while complying with regulatory standards is
accelerating market growth. Apart from this, the increasing use of industrial transmitters in the manufacturing sector to
monitor and control various aspects of production processes, ensuring consistent quality and efficiency, augmenting the
market growth. Furthermore, the extensive use of industrial transmitters in the energy sector to measure parameters,
including f low and pressure in pipelines and power plants, is creating a positive market outlook.
Looking forward, IMARC Group expects the market value to reach US$ 21.4 Billion by 2028, exhibiting a
CAGR of 5.43% during the forecast period (2023-2028).
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5. Report
Segmentation
Type Insights:
• Pressure Transmitter
• Flow Transmitter
• Level Transmitter
• General Purpose Transmitter
• Temperature Transmitter
• Others
Industry Vertical Insights:
• Oil and Gas
• Energy and Power
• Chemical and Petrochemical
• Water and Wastewater Treatment
• Others
7. Competitive
Landscape with
Key Players
• ABB Ltd
• AMETEK. Inc.
• Danfoss A/S
• Dwyer Instruments Inc.
• Emerson Electric Co
• Fuji Electric Co. Ltd. (Furukawa Group)
• General Electric Company
• Honeywell International Inc.
• Schneider Electric
• Siemens AG
• WIKA Alexander Wiegand SE & Co. KG
• Yokogawa Electric Corporation
8. Key Questions
Answered in
the Report
How has the global industrial transmitters market performed so far,
and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global
industrial transmitters market?
What is the impact of each driver, restraint, and opportunity on the
global industrial transmitters market?
What are the key regional markets?
Which countries represent the most attractive industrial
transmitters market?
What is the breakup of the market based on the type?
Which is the most attractive type in the industrial transmitters
market?
9. Key Questions
Answered in
the Report
What is the breakup of the market based on the industry vertical?
Which is the most attractive industry vertical in the industrial
transmitters market?
What is the competitive structure of the global industrial
transmitters market?
Who are the key players/companies in the global industrial
transmitters market?
10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Industrial Transmitters Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Pressure Transmitter
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 Flow Transmitter
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 Level Transmitter
6.3.1 Mark et Trends
6.3.2 Mark et Forecast
11. Table of
Contents
6.4 General Purpose T ransmitter
6.4.1 Mark et Trends
6.4.2 Mark et Forecast
6.5 T emperature T ransmitter
6.5.1 Mark et Trends
6.5.2 Mark et Forecast
6.6 Others
6.6.1 Mark et Trends
6.6.2 Mark et Forecast
7 Market Breakup by Industry Vertical
7.1 Oil and Gas
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 Energy and Power
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Chemical and Petrochemical
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
7.4 W ater and W astewater T reatment
7.4.1 Mark et Trends
7.4.2 Mark et Forecast
7.5 Others
7.5.1 Mark et Trends
7.5.2 Mark et Forecast
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market/toc