Pressure Transmitter Market Is Driven by Industrial Automation across the Globe The global pressure transmitter market is projected to be worth USD 4,168.7 million by 2030, growing at a CAGR of 4.1%. The increase in the acceptance of industrial automation throughout the world, credited to its benefits including augmented productivity, enhanced product quality, reduced operational prices, and the protection of health and safety, is another of the key reasons boosting the industry. In recent years, the APAC region held the second-largest market share of approximately 26.3%, and the region is also projected to show significant growth in the coming few years. This growth can be credited to the surging requirement for electricity, growing chemical exports, mounting utility-grade and industrial wastewater treatment plants, and growing oil and gas operations. In recent years, differential pressure transmitters had the largest market share, at approximately 51.5%. Such pressure transmitters are favored in the oil and gas sector for level, flow, and pressure measurement, which are essential for process screening and control. Furthermore, they are also utilized for calculating liquid density, liquid flow, and liquid level. In the past few years, the liquid fluid type generated the highest revenue share in the industry, responsible for USD 2,236.1 million in revenue, which is expected to advance at a CAGR of approximately 4.1% in the coming few years. A submersible pressure transmitter is extensively utilized for liquid pressure and level calculation in non-hydrocarbon liquids, like in the water and wastewater treatment industry. Differential and gauge pressure transmitters are commonly utilized to screen the hydrostatic (resting pressure) liquid levels in tanks and for groundwater pump water level assessment. The water & wastewater treatment market generated a revenue share of USD 243.8 million in recent years, for the global pressure transmitter market, and it is also projected to reach USD 371.4 million by the end of the decade advancing with a CAGR of 4.8% during the forecast period. Pressure transmitters are used in the water & wastewater treatment industry throughout the globe, in sewage systems, pumping stations, wet wells, chemical feeds, storage facilities, filtration facilities, and mixing vessels. The development in the requirement for wireless pressure transmitters is one of the most-vital reasons for boosting the growth of the pressure transmitter industry. Additionally, the new installation of these transmitters is getting more popular. Such devices can be simply installed in remote places and regularly provide decreased installation expanses, by removing wiring runs. Furthermore, battery-powered transmitters are filling the void. They have an extensive variety of applications, such as pump monitoring, water tank level monitoring, leakage monitoring, and wastewater monitoring Hence, the increase in the acceptance of industrial automation throughout the world, credited to its benefits including augmented productivity, enhanced product quality, reduced operational prices, and the protection of health and safety are the major factors contributing to the growth of the market. Read More: https://www.psmarketresearch.com/market-analysis/pressure-transmitter-market