- The key vendors in the Global Pressure Transmitter Market 2015-2019 are ABB Ltd, Emerson Electric, Siemens AG and Yokogawa Electric Corp.
London, 10 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Pressure Transmitter Market 2015-2019. The arrival of smart electric systems is one of the major trends upcoming in this market. With the emergence of sophisticated smart electric systems, there has been a shift from the use of conventional mechanical pressure sensing systems to smart electrical transmitter systems to enable automation with remote access and diagnostic capabilities. The Global Pressure Transmitters market is expected to grow at a CAGR of 6.86 percent during the forecast period of 2014-2019.
“Investment in power generation and sewage management infrastructure, followed by rapid urbanization, is expected to promote the demand for pressure sensing and transmitting equipment,” says Faisal Ghaus, Vice President of TechNavio Research.
“Many developed and developing economies are investing in infrastructure projects such as power generation and water and sewage management.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
