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Global Industrial Pressure Measurement Product Services Market 2018-2022

Global Industrial Pressure Measurement Product Services Market 2018-2022

About Industrial Pressure Measurement Product Services

Industrial pressure measurement product services include calibration and commissioning, repairs, retrofits, and replacement services for the end-users.

Technavio’s analysts forecast the global industrial pressure measurement product services market to grow at a CAGR of 5.67% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial pressure measurement product services market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Industrial Pressure Measurement Product Services Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Honeywell
  • Rockwell Automation
  • Schneider Electric
  • Siemens
  • Yokogawa Electric
Market driver
  • Growing need to maximize production yield
  • For a full, detailed list, view our report
Market challenge
  • High competition due to price sensitivity
  • For a full, detailed list, view our report
Market trend
  • Increasing need for predictive maintenance
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Industrial Pressure Measurement Product Services Market 2018-2022

Technavio recognizes the following companies as the key players in the global industrial pressure measurement product services market: ABB, Honeywell, Rockwell Automation, Schneider Electric, Siemens, Yokogawa Electric.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing need for predictive maintenance. The high adoption of smart sensors has increased the adoption of predictive maintenance in industries. The implementation of predictive maintenance helps in defining the replacement and maintenance intervals for the equipment present within the industry. This aids the industries in reducing the downtime and stocking the inventory for replacement.”

According to the report, one driver in the market is growing need to maximize production yield. The process and discrete industries across all geographies are looking to maximize their production yield by reducing the downtime. The reduction of downtime can be achieved by maintaining the equipment in proper condition. Calibration of the equipment ensures that it is ready to be used in industrial facilities.

Further, the report states that one challenge in the market is high competition due to price sensitivity. The presence of numerous vendors in the global industrial pressure measurement product services market affects the pricing of the services provided by different vendors. The pricing for the services offered by most vendors is similar to that of the competitors.

Companies Mentioned

ABB, Honeywell, Rockwell Automation, Schneider Electric, Siemens, Yokogawa Electric.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global industrial instrumentation services market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global industrial pressure measurement product services market - Market size and forecast 2017-2022 ($ mn)
      • Table Global industrial pressure measurement product services market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition: Five forces 2022
  • Market segmentation by application
    • Calibration and Commissioning services
    • Repair, retrofit, and replacement services
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Process industries - Market size and forecast 2017-2022
      • Table Process industries - Market size and forecast 2017-2022 ($ mn)
      • Table Process industries - Year-over-year growth 2018-2022 (%)
    • Discrete industries - Market size and forecast 2017-2022
      • Table Discrete industries - Market size and forecast 2017-2022 ($ mn)
      • Table Discrete industries - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing need for predictive maintenance
    • Emergence of software-based service
    • Emerging need for customized solutions in industrial pressure measurement product segment
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB
      • Table ABB: Vendor overview
      • Table ABB - Business segments
      • Table ABB - Organizational developments
      • Table ABB - Geographic focus
      • Table ABB - Segment focus
      • Table ABB - Key offerings
    • Honeywell
      • Table Honeywell: Vendor overview
      • Table Honeywell - Business segments
      • Table Honeywell - Organizational developments
      • Table Honeywell - Geographic focus
      • Table Honeywell - Segment focus
      • Table Honeywell - Key offerings
    • Rockwell Automation
      • Table Rockwell Automation: Vendor overview
      • Table Rockwell Automation - Business segments
      • Table Rockwell Automation - Organizational developments
      • Table Rockwell Automation - Geographic focus
      • Table Rockwell Automation - Segment focus
      • Table Rockwell Automation - Key offerings
    • Schneider Electric
      • Table Schneider Electric: Vendor overview
      • Table Schneider Electric - Business segments
      • Table Schneider Electric - Organizational developments
      • Table Schneider Electric - Geographic focus
      • Table Schneider Electric - Segment focus
      • Table Schneider Electric - Key offerings
    • Siemens
      • Table Siemens: Vendor overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
    • Yokogawa Electric
      • Table Yokogawa Electric: Vendor overview
      • Table Yokogawa Electric - Business segments
      • Table Yokogawa Electric - Organizational developments
      • Table Yokogawa Electric - Geographic focus
      • Table Yokogawa Electric - Segment focus
      • Table Yokogawa Electric - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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