Pressure Gauge Industry Market Size, Share, By Product Type (Analog pressure gauges, and Digital pressure gauges), Technology (Mechanical Technology, Sensor Technology, and Others), Material (Stainless steel, Aluminum, Plastic, and Others), End User (Oil & gas, Energy & power, Pharmaceutical, Water & Wastewater Treatment, Chemical & Petrochemical and Others) and Region - Trends, Analysis, and Forecast till 2035

Report Code: PMI260619 | Publish Date: April 2024 | No. of Pages: 178

Global Pressure Gauge Industry Market Overview

  • By 2035, the pressure gauge industry market size is contemplated to enlarge at a valuation of USD 2.20 Billion.
  • In 2024, the pressure gauge industry market valuation was USD 1.49 Billion.
  • Pressure gauge industry market is developing at a CAGR of 4.0%.

A device that is used to measure the pressure of gases or liquids within a system is known as pressure gauge. A pressure gauge converts the force implied by the fluid into readable mechanical or electronic signals, typically displayed in units. In order to ensure safe and effective operation, pressure gauges are commonly utilized to monitor fluid pressure in tanks, pipes, and machinery. Oil & gas, manufacturing, HVAC, and healthcare are certain industries having crucial usage of pressure gauge.

The pressure gauge industry market is witnessing a rapid growth with factors such as growing industrial automation, expanding oil & gas exploration activities, and rising need for reliable monitoring systems in manufacturing, chemical processing, and healthcare sectors. Adoption is further encouraged by the transition to digital and smart gauges with remote monitoring possibilities. Ongoing market expansion is further supported by rigorous safety laws and mandatory for preventive care in high-risk situations. Other main factors such as rising integration of industry 4.0 technologies and IoT are further scaling the use of smart pressure monitoring systems. Furthermore, infrastructure expansion and energy projects in developing nations is providing new opportunities for market growth.

Notable trends and opportunities are associated with pressure gauge industry market with a significant level of operational efficiency which is necessary for industrial activities such production facilities and refineries due to the safeguards essential machinery and value-adding commodities from excess pressure. The emergence of Industry 4.0 and the Industrial Internet of Things has impacted demand; smarter gauges with wireless connectivity, real-time remote monitoring, advanced data logging, and integration with predictive maintenance systems are becoming more frequent.

Recession Risk & Tariff Analysis:

  • The pressure gauge industry market faces the uncertainties in the economy worldwide, primarily with the potential of a recession, might pose difficulties to the pressure gauge industry by reducing investment in infrastructure and manufacturing processes that might halt the global growth for pressure gauge adoption.
  • Moreover, shifting imports and trade restrictions and taxes might increase production costs and cause supply chain disruptions, particularly regarding raw products and commodities which include brass, stainless steel, and electronic components. Given factors may challenge profit margins and slow down growth plans which rely on cross-border trade and imports disrupting the market growth.

Impact of Generative AI on Pressure Gauge Industry Market:

  • The pressure gauge industry market getting transformed by leveraging the application such as product design, data analysis, and predictive maintenance capabilities. For more reliable and conventional R&D techniques, manufacturers are optimizing gauge architecture, materials, and performance through the use of AI-driven simulation tools.
  • Additionally, generative AI can analyze massive streams of pressure data and predict equipment breakdowns, identify abnormalities, and automate reporting when coupled with IoT-enabled digital gauges. This enables businesses create value-added services and allows fresh business models in addition to enhancing operational efficiency that can further drive the market demand for pressure gauges.

Global Pressure Gauge Industry Market Drivers & Restraints

Key Drivers:

Industrial Expansion Fuels Rising Demand for Precision Pressure Gauges

The pressure gauge industry market continues to grow with global manufacturing sector growth and rapid industrialization are drastically driving up demand for pressure gauges. For maintaining safety, process efficiency, and regulatory compliance as sectors including oil and gas, chemicals, power generation, pharmaceuticals, and food processing, precise pressure monitoring is crucial for expanding their operations. Analog and digital gauges are gaining traction as automated production systems and sophisticated machinery depend more and more on precise pressure data for operations with higher scale of demand in various industries.

  • For Instance, according to the World Economic Forum, manufacturing accounts for approximately 16% of global GDP, representing over USD 13 trillion in value. Manufacturing sector remains a cornerstone of economic development, particularly as emerging economies establish more sophisticated industrial capabilities.

Restraints:

Global Standards and Tariff Barriers Strain Pressure Gauge Manufacturers

The recent globalization of standards and increased non?tariff barriers such as certification requirements under the EU’s CBAM are forcing manufacturers, particularly in MSMEs for investments in compliance and testing infrastructure that can affect the production and material cost at greater scale. In parallel, growing tariffs on raw materials, mainly steel and aluminum, are driving up production prices and destabilizing international supply chains.

  • Counterbalance Statements: Manufacturers from MSMEs and large scale are adapting in addition to such challenges by making investments in automation, forging strategic alliances in the supply chain, and taking advantage of government incentives aiming to lower the cost of compliance. Global trade is expected to streamline with the push of standardization in long run, enhancing quality of production and market expansion.

Opportunities & Trends:

Industry 4.0 and IoT Revolutionize Pressure Gauge Market with Smart, Connected Solutions

Major opportunities consist of emergence of Industry 4.0 and the Industrial Internet of Things has impacted demand; smarter gauges with wireless connectivity, real-time remote monitoring, advanced data logging, and integration with predictive maintenance systems that are currently becoming more relevant in the market. IoT-enabled wireless gauges are growing increasingly popular, specifically in the energy, oil and gas, and industrial industries, where they offer flexible, remote pressure monitoring options. Surge in Industrial IoT and Industry 4.0 is reshaping demand gauges are becoming smarter, featuring real-time remote monitoring, wireless communication, advanced data logging, and integration with predictive maintenance systems.

Global Pressure Gauge Industry Market Segmentations & Regional Insights

Product type, technology, material, end user and region are the divisions of the pressure gauge industry market.

By Product Type:

Analog pressure gauges, and Digital pressure gauges are two product type on which pressure gauge industry market is distinguished. In traditional industrial settings the analog pressure gauges are dominant and more reliable with heir widespread use, cost-effectiveness, and mechanical simplicity. Analogue gauges accounted for largest pressure gauge industry market share in 2024 for ruggedness and external power sources in industrial domain.

Digital pressure gauges are fastest growing with rising demand for precision, real-time data, and remote monitoring. They are highly significant in industries like oil and gas, energy, and high-end manufacturing because of their power to communicate with IoT systems to encourage predictive maintenance.

By Technology:

On the basis of technology, pressure gauge industry market is segmented into mechanical technology and sensor technology. Due to its demonstrated stability, robustness, and affordability in a range of industrial applications, mechanical technology keeps governing the pressure gauge industry. Manufacturing, water treatment and construction industries use mechanical technology gauges widely.

With the development of digitization and intelligent monitoring systems, sensor technology is currently the second-largest technology segment in this industry for pressure gauges. Oil & gas, healthcare, and energy are major sectors with higher adoption of sensor gauges with responsive pressure monitoring solutions.

By Material:

The pressure gauge industry market on the account of material is distributed into stainless steel, aluminum, plastic, and others. The stainless-steel material holds the largest pressure gauge industry market share as it is heavily used in demanding applications in sectors where endurance, duration, and sanitation are important, including food and beverage, chemical processing, oil and gas, and pharmaceuticals.

With its low weight, remarkable resistance to corrosion, and affordability, aluminum is the second most popular material in the pressure gauge industry. HVAC, automotive, and light industrial manufacturing are some of the major industries where aluminum is used in portable and handheld pressure gauge applications driving more adoption of pressure gauges.

By End-User:

Oil and gas sector are the market pioneer for pressure gauges due to its vital necessity of precise and dependable pressure monitoring in drilling, refining, and transportation operations. For maintaining operational efficiency, safety and regulatory compliance in high-pressure environments within upstream and downstream operations driving more adoption in industries.

The chemical and petrochemical industry is the second-highest end-user category in pressure gauge industry market share due to its continuous demand for accurate pressure control in handling hazardous materials, processing, and storage. Ongoing investments in chemical infrastructure drives more market growth for pressure gauges.

Regional Insights:

Geographically, the pressure gauge industry market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Asia Pacific: Rapid pace in industrialization, growing manufacturing bases, and significant infrastructural development in countries including China, India, Japan, and South Korea have made Asia-Pacific the leading region in the global pressure gauge market. Major industries such as oil & gas, chemicals, power generation, and automotive are leading drivers in adoption of pressure gauges that rely on heavy pressure monitoring solutions driving more market growth for pressure gauges.

  • China Pressure Gauge Industry Market Insights:

China leads the Asia-Pacific pressure gauge market attributed to its robust manufacturing output, substantial industrial base, and continuing investments in the petrochemical, energy, and infrastructure sectors. China is also a major exporters and producer of industrial instrumentation and materials which makes it dominant in region.

North America: The second-largest market for pressure gauges global is North America, which is supported by its advanced industrial infrastructure, robust main stakeholders, and broad adoption of digital and smart technologies. With growing focus on industrial automation, safety regulations, and predictive maintenance solutions North America is accelerating the use of pressure monitoring devices.

  • U.S. Pressure Gauge Industry Market Insights:

U.S. leads the North American pressure gauge market via its established industrial base, priority for automation, and presence of top suppliers of technology and manufacturers. With strict regulatory standards and early adoption of IoT-enabled monitoring systems United States dominate the region.

Europe: This region is witnessing stagnant growth in the global marketplace for pressure gauges, with an emphasis on industrial innovation, environmental laws, and quality standards. With widely recognized industrial, automotive, and chemical sectors which rely on precise pressure monitoring, countries such as Germany, the U.K., France, and Italy are prominent key players for industries and manufacturing sector.

  • Germany Pressure Gauge Industry Market Insights:

Germany leads the European market for pressure gauges due to its advanced manufacturing sector, extensive engineering expertise, and leadership role in precision instrumentation and industrial automation. Germany's position of leadership in the area is further solidified by its active adoption of Industry 4.0 technology in the region making it dominant in Europe.

Pressure Gauge Industry Market Report Scope:

Attribute

Details

Market Size 2025

USD 1.50 Billion

Projected Market Size 2035

USD 2.20 Billion

CAGR Growth Rate

4.0% (2025-2035)

Base year for estimation

2024

Forecast period

2025 – 2035

Market representation

Revenue in USD Billion & CAGR from 2025 to 2035

Regional scope

North America - U.S. and Canada

Europe – Germany, U.K., France, Russia, Italy, Spain, Netherlands, and Rest of Europe

Asia Pacific – China, India, Japan, Australia, Indonesia, Malaysia, South Korea, and Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, and Rest of Latin America

Middle East & Africa – GCC, Israel, South Africa, and Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segmentation:

By Technology Type:

  • Analog pressure gauges
  • Digital pressure gauges

By Technology:

  • Mechanical Technology
  • Sensor Technology
  • Others

By Material:

  • Stainless steel
  • Aluminum
  • Plastic
  • Others

By End User:

  • Chemical & petrochemical
  • Oil & gas
  • Energy & power
  • Pharmaceutical
  • Water & Wastewater Treatment
  • Others

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Russia
    • Italy
    • Spain
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Pressure Gauge Industry Market Competitive Landscape & Key Players

The key players operating in the pressure gauge industry market include, AMETEK.Inc., VirtualExpo, KOBOLD Messring GmbH, BADOTHERM, Emerson Electric Co., and others. The largest companies in the pressure gauge industry emphasize on developing new products, improving their digital capabilities, and growing internationally. In order to enhance supply chains and satisfy changing consumer and regulatory requirements, many are also investing in collaborative efforts and sustainable manufacturing techniques.

Pressure Gauge Industry Market Companies:

  • AMETEK.Inc.
  • VirtualExpo
  • CIRCOR International, Inc.
  • Dwyer Instruments, LLC
  • BADOTHERM
  • Emerson Electric Co.
  • Fluke Corporation
  • Honeywell International Inc.
  • KOBOLD Messring GmbH
  • Newbow Aerospace Ltd
  • OMEGA Engineering Inc.
  • QED, Inc
  • WIKA Instruments India Pvt. Ltd.
  • NAGANO KEIKI CO., LTD
  • Testo SE & Co. KGaA

View an Additional List of Companies in the Pressure Gauge Industry Market

Global Pressure Gauge Industry Market Recent News

  • In February 2025, TPG?202?Neo Handheld Pressure Gauge was introduced by Pfeiffer Vacuum with advanced functionality offering compact design with a large LCD display, high-capacity data logging, USB?C export, and operates across a broad pressure range for industrial and laboratory use.
  • In May 2024, the XP3i digital pressure gauge was announced by AMETEK STC and Crystal Engineering, an evolution of the renowned XP2i, designed to empower users with enhanced precision and unmatched connectivity. The XP3i Intrinsically Safe pressure gauge contains the features and functions that have made the XP2i an industry standard but now offers them with twice the accuracy and a Bluetooth connection. 
  • In March 2023, the newest digital pressure gauge was announced by OMEGA Engineering which has created a next-generation product designed with maximum functionality and usability in mind. This digital pressure gauge features a user-friendly interface with four clearly labeled buttons and a large 4-digit backlit display.

Analyst View:

The market for pressure gauges is steadily shifting and has a dynamic future, driven by both new smart technology integration and old industrial demand. Though traditional industries include manufacturing, chemicals, and oil and gas still generate an annual revenue, experts point to significant growth potential in digital, Internet of Things-enabled gauges that support Industry 4.0 objectives. The market is believed to be highly fragmented and the main competitive distinguishing factors that are emerging are innovation, regulatory compliance, and customisation.

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Global Pressure Gauge Industry Market Company Profile

Company Name

BADOTHERM

Headquarter

Eugene, Oregon

CEO

Malia Schultheis

Employee Count

78 Employees

FAQs

Pressure gauge industry market size was valued at USD 1.50 Billion in 2025 and is expected to reach USD 2.20 Billion by 2035 growing at a CAGR of 4.0%.

Product type, technology, material, and region are the segmentation for the target market.

North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. North America is expected to dominate the market.

The key players operating the pressure gauge industry market include AMETEK.Inc., VirtualExpo, CIRCOR International, Inc.., Dwyer Instruments, LLC, BADOTHERM, Emerson Electric Co., Fluke Corporation, Honeywell International Inc., KOBOLD Messring GmbH, Newbow Aerospace Ltd, OMEGA Engineering inc., QED, Inc, WIKA Instruments India Pvt. Ltd., NAGANO KEIKI CO., LTD, and Testo SE & Co. KGaA.