Pressure Transmitter Market Projected to reach $3.36 billion by 2024
According to the new market research report " Pressure Transmitter Market by Type (Absolute, Gauge, Differential Pressure, and Multivariable), Application, Fluid Type, Industry (Oil & Gas, Chemicals, Power, Pharmaceuticals, Food & Beverages), and Geography - Global Forecast to 2024" , the pressure transmitter market is likely to reach USD 3.36 billion by 2024 from USD 2.72 billion in 2018, at a CAGR of 3.59%. The growth of this market can be attributed to the high emphasis on industrial automation and optimum utilization of resources. “Differential pressure transmitters to lead the pressure transmitter market from 2018 to 2024” The differential pressure transmitter is widely used in the measurement of pressure, level, and flow. Differential pressure transmitters are used for oil and gas flow metering in onshore, offshore, and subsea applications; pump control monitoring, monitoring of filters in water treatment plants, and remote sensing of heating systems ...