Pressure Transmitters: Key Trends Driving Market Growth
The global pressure transmitter market size is anticipated to reach USD 3,132.1 million by 2030 and it is projected to grow at a CAGR of 3.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The pressure transmitter converts mechanical pressure applied to it into an electrical signal that can be transmitted to a control system or other instrumentation. Pressure transmitters are widely used in various industries such as oil and gas, chemical, power generation, and pharmaceuticals for monitoring and controlling pressure levels in different processes. Pressure transmitters play a crucial role in the pharmaceutical industry by monitoring and controlling the pressure levels in various processes such as fermentation, filtration, and sterilization. These processes require precise pressure control to ensure the quality and consistency of the final product. For instance, in fermentation, pressure transmitters are used to monitor the pressure ins...