Manometers Market Growth, Trends and Value Chain 2018-2028 by FACT.MR
Posted by ankush Nikam on October 21st, 2019
Manometers Market: Introduction
Manometer is a device employed for measuring pressure at multiple or single points in a single or multiple pipelines, by balancing the fluid column by a same or another column of the fluid. Broadly categorizing, manometers are of two types including differential manometers and simple manometers. Simple manometers measure pressure at a single point in the fluid, whereas differential manometers measure the pressure at two or more points in multiple or single flow lines. Manometers find applications in healthcare, engineering, weather forecasting and avionics. In healthcare applications, manometers are used as devices for measuring the blood pressure of the patients. The blood pressure of the patient can be observed by the movement of mercury in the glass tube. Moreover, manometers are also used for monitoring the pressure in the patient airways. Manufacturers are focusing on improving the precision of the manometers by implementing technologically advanced manufacturing practices in order to meet the global demand of manometers in numerous applications. Furthermore, manometers are also being employed in numerous industries such as thermal power plants in order to measure pressure in the power plants.
Manometers Market: Dynamics
The growth of the global manometers market is predominantly reliant on the growth of numerous industries, including manufacturing, chemical, petrochemical and many others. With expected growth of these industries in the near future across the globe, the demand of manometers is expected to grow manifold times over the assessment period. Moreover, numerous manometer manufacturers are focusing on introducing high precision manometers, this is projected to further increase the application of manometers in critical areas of pressure measurement. Furthermore, the recent trend in the market is the introduction of digital manometers for accurate and precise readings. Also, numerous other liquids are being used in place of mercury in order to increase the accuracy of manometers and as an alternative solution for hazardous mercury manometers. Moreover, suppliers of manometers provide alternatives of mercury manometers either in same or much lower price. Moreover, manometers are extensively used for measurement purposes in HVAC (heating, ventilation and air-conditioning) and low-pressure pneumatic or gas systems. Future prospects of the global HVAC industry are anticipated to be positive, which is estimated to further boost the demand for manometers in the coming years. Moreover, increasing application of manometers in the construction industry for construction of bridges and other engineering applications is expected to supplement the growth of the manometers market over the assessment period.
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Mercury manometers are becoming obsolete these days. This can be attributed to the hazardous nature of mercury, owing to the stringent government regulations regarding the use of the mercury manometers in many countries across the globe. Furthermore, it is difficult to read and handle mercury manometers. All such reasons cumulate to restrain the anticipated growth of the manometers market in the coming years. Furthermore, with advancements in technology, introduction of numerous alternative electronic measuring instruments in the market is anticipated to put added pressure on the manufactures, which is expected to restrain the growth of the market over the coming years.
Manometers Market: Market Segmentation
On the basis of the Manometer type, the global manometer market can be segmented into:-
On the basis of the End-Use Industries, the global manometer market can be segmented into:-
On the basis of the Sales Channel, the global manometer market can be segmented into:-
Manometers Market: Regional Outlook
The global manometers market shares a synergic relationship with numerous industries, including manufacturing, chemical, construction and HVAC. With expected growth of the manufacturing and chemical industries in APAC the demand for manometers is expected to witness incremental rise in the region over the assessment period. Furthermore, Europe also pose opportunities for the growth of manometers market, owing to the booming chemical industry in the region. Also, with anticipated expansion of the construction industry in the Middle East, the demand for manometers is projected to increase substantially over the coming years, which is expected to promote the growth of the manometers market over the assessment period.
Manometers Market: Key Participants
Examples of some of the key participants in the global manometers market are:
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
Regional analysis includes:
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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About the Authorankush Nikam
Joined: December 21st, 2016
Articles Posted: 4,519
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