The global submersible pressure sensor market is expected to grow at a CAGR of 5% by 2025


   April 8, 2021
According to a new market report by Lucintel, the future of the global submersible pressure sensor market looks promising with opportunities in the marine, oil & gas, and wastewater industries. The global submersible pressure sensor market is expected to grow with a CAGR of 5% from 2020 to 2025. The major growth drivers for this market are growing demand for submersible pressure sensor for level measurement in rivers and lakes, and increasing need for monitoring of sewage, and storm water retention basins.

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In this market, stainless steel vented submersible pressure sensor and titanium vented submersible pressure sensor are the two product types used in submersible pressure sensor market. Lucintel forecasts that stainless steel vented submersible pressure sensor will witness the highest growth during the forecast period due to various benefits of stainless steel vented submersible pressure sensor, such as high accuracy and reliability and minimal maintenance and care.

Within the submersible pressure sensor market, oil & gas, marine, and wastewater are the major end use industries.

Asia Pacific is expected to witness the highest growth over the forecast period, supported by increasing advancements in water level sensing technologies and wastewater treatment activities in the region.

WIKA, Gems Sensor & Controls, Transducers Direct, OMEGA, and Automation Products Group are among the major manufacturers of the submersible pressure sensor market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global submersible pressure sensor market by product type, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Submersible Pressure Sensor Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global submersible pressure sensor market by product type, end use industry, and region as follows:

By Product Type [$M shipment analysis for 2014 – 2025]:



  • Stainless Steel Vented Submersible Pressure Sensor


  • Titanium Vented Submersible Pressure Sensor


By End Use Industry [$M shipment analysis for 2014 – 2025]:



  • Marine


  • Oil & Gas


  • Wastewater


  • Others


By Region [$M shipment analysis for 2014 – 2025]:



  • North America


    • United States


    • Canada


    • Mexico




  • Europe


    • Germany


    • UK


    • Italy




  • Asia Pacific


    • China


    • Japan


    • India


    • South Korea




  • Rest of the World


 

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.



About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.


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