Pressure Gauges Market Size - By Product Type, By Technology, By Material, By End Use, By Distribution Channel Analysis, Share, Growth Forecast, 2025 - 2034

Pressure Gauges Market Size

The global pressure gauges market was valued at USD 1.48 billion in 2024 and is projected to grow at a CAGR of 3.8% between 2025 and 2034.
 

The need for pressure gauges is significantly increasing along with the expansion of sectors such as oil and gas, chemical manufacturing, power generation, and automotive manufacturing. These instruments are pivotal in optimizing and controlling the pressure levels of various systems and equipment. The underlying systems, infrastructures, and technologies that support these industrial processes require a higher level of automation and integration which further boosts the demand for these automation devices, including pressure measurement devices.
 

Other industrial operations such as manufacturing plants and refineries heavily depend on an advanced level of operational efficiency which ensures that value-adding and critical machinery is protected from over-pressurization. India and China are increasingly becoming heavy industry consumers which drives the demand for refineries and pressure gauges making them the leading contributors out of other emerging markets in Asia-Pacific and Latin America.
 

With the advent of Industry 4.0, the use of smart pressure gauges that are integrated with the Internet of Things (IoT) has drastically increased. From remote facilities, these sophisticated gauges allow for automated monitoring of data, maintenance that can be forecasted, and advanced levels of analytics. Such capabilities at extremely high accuracy enable process optimization, safety enhancement, and improved productivity by minimizing idle time in advanced robotics environments. The food and beverage industry, construction, and even pharmaceuticals that rely on precision make automated IoT-enabled pressure gauges indispensable.
 

Pressure Gauges Market Trends

• The automative industry and its ancillary services like HVAC and Medicine have multi-functional, low-power, versatile sensors that require high precision. Their applicability uses wide range technologies which rely on accurate, responsive, and stable pressure measurements. Innovations in pressure sensing technology have enhanced their accuracy, versatility, and durability alongside the invention of microprocessor-based digital pressure gauges which offer automated calibration, remote monitoring, and data logging.
   
• Different types of piezoresistive, capacitive, and optical sensors are cutting-edge when it comes to accuracy, long-term stability, as well as response time. These features have enhanced the functionality of dozens of devices engineers, and the specific fields of medicine rely on, thereby driving growth in the multi-disciplinary medical market.
   

Trump Administration Tariffs

• Tariffs on imports from China have raised the cost of some important parts needed to make pressure gauges. As a result, manufacturers were forced to either bear the extra costs, which raised prices for consumers, or transfer the costs to consumers.
   
• Disruption of global supply chains caused by tariffs seeks to procure raw materials and components waiting idle them creating delays. In response, they either must look for new suppliers or move the production to a new locality which adds operational complexities and costs.
   
• To reduce the impacts of tariffs, several firms escalated their supply chain diversification by either sourcing parts from non-tariff countries or increasing domestic production. Although this decreased reliance on Chinese imports, some degree of operational and initial capital expenditure change was still required.
   

Pressure Gauges Market Analysis

Based on technology, the market is segmented into bourdon tube pressure gauges, diaphragm pressure gauges, capsule pressure gauges, absolute pressure gauges, piezometer pressure gauge, others (bellows, manometer, differential). The bourdon tube pressure gauges segment accounted for revenue of around USD 520 million in the year 2024 and is estimated to grow at a CAGR of around 4% from 2025 to 2034.
 

• The global bourdon tube pressure gauges market is growing significantly because of fundamentals, especially in industrial sectors that require loyalty and precision. Bourdon tube pressure gauges have been the most popular form of mechanical pressure measurement for over a century. They are sustained relevance across various industries and supported by specific market drivers. The oil and gas industry with high-pressure systems and the chemical manufacturing industry which needs precise pressure monitoring for system stability, safety, or redundant systems exhibit strong needs for these gauges.
   
• Also, high demand for Bourdon tube gauges comes from harsh environment applications where strength and durability are indispensable. Failure to sustain these traits severely weakens the market position of these gauges. Additionally, their long-term usefulness claims these gauges possess low value in maintenance economizes business finances and minimizes unproductive work time for companies, so their countable expenses incorporate inescapable maintenance in negligible amounts and additional downtime increases. Besides, the harsher the conditions in which these gauges operate, the greater the value their mechanical design presents, overcoming power loss, extreme temperature, or solvent surge maintains their usability in critical missions where electronic devices would otherwise be unreliable exposed to demanding environments.
   

Based on the product type, the global pressure gauges market is categorized as analog pressure gauges. The analog segment held around 61.4% of the total market share in 2024 and is anticipated to grow at a CAGR of 3.5% during the forecast period. However, the digital segment is growing at a CAGR of 4.1% during the forecast period.
 

• The market is driven by the analog pressure gauges which are considered mechanically operated including the bourdon tube and diaphragm gauges. The global market expands due to their ease and exceptional strength alongside widespread application in various industrial sectors.
   
• While the market for analog tube pressure gauges is declining with the rise of smart technologies and digital pressure gauges, their basic mechanical structure brings unparalleled advantages for a variety of applications. For example, their production and operational costs are reduced due to the lack of complex electronics and use of inexpensive mechanical parts, which offers a competitive edge within value-sensitive sectors. Since many industries rely on a large supply of gauges, the benefits of employing these devices is pronounced.
   

In terms of the country, the U.S. dominates with an overall North America pressure gauges market and valued at USD 310 million in 2024 and is estimated to grow at a CAGR of over 3.9% from 2025 to 2034.
 

• The U.S. remains a leading and diverse industrial market globally. The industries such as oil and gas, chemical processing, power generation, manufacturing, and water treatment have mechanical systems for pressure measurement. Mechanical pressure measurement systems create a demand for cost-efficient measuring solutions in the form of tube pressure gauges, which include Bourdon tube and diaphragm gauges. In addition, the United States is straining to upgrade its outdated infrastructure which includes power plants, treatment facilities, and transportation systems, giving even more reason towards using pressure gauges. Stronger investments are made towards the exploration of oil and gas, the production of shale gas, upgrading the refineries, and further development of petrochemical plants, which highlights the need for powerful and dependable tools in supplying accurate pressure measurement.
   
• Industries like HVAC, food and beverages, and even manufacturing have low-costs and high-demand regarding analog tube gauges. The United States sets the bar with rigorous requirements in the oil and gas industries, chemical processing, and even power generation that have an elevated safety standard where pressure is manipulated is monitored.
   

The Asia Pacific pressure gauges market with a market share of around 41% in 2024 and anticipated to grow with a CAGR of around 4.7% during the forecast period.
 

• In terms of country, China market expressing notable growth rate of around 6.1% in 2024. The Asia-Pacific region, particularly China, has witnessed substantial growth in industrialization and infrastructure development. As Chinese economy shifts, their focus is now targeting advanced manufacturing, urban infrastructure, and energy production which makes the demand for dependable pressure monitoring increase drastically.
   
• The need for mechanical pressure gauges, specifically Bourdon tube gauges, have been influenced by oil and gas, chemical processing, manufacturing, power generation, and water treatment industries. In addition, large-scale construction works, which include the construction of power plants, bridges, and rail systems, always require efficient, robust, and economical pressure monitoring devices.
   

Pressure Gauges Market Share

• In 2024, key companies like Ametek, Circor, Honeywell, Emerson, etc. held a combined market share of 40-45%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.
   
• AMETEK maintains its market leadership with a mix of strategic technology acquisition and advancement. The recent acquisition of FARO Technologies, a 3D measurement and imaging solutions company, is strategically aligned with further modernizing AMETEK’s electronic instruments division for the aerospace (medical) and industrial markets. Also, AMETEK’s beta XP3i digital pressure gauge with enhanced accuracy and Bluetooth capability exemplifies new product innovation from the firm. In addition to product innovation, the company focuses on operational efficiency through lean manufacturing and global sourcing.
   
• CIRCOR concentrates on creating sophisticated solutions for critical application areas in some of the most demanding environments. Changes in operational efficiency and product quality have been achieved at CIRCOR with a Lean approach to manufacturing and extensive employee training. The firm is strategic in its focus on deriving markets that can utilize innovative products and system solutions, particularly those in mission-critical and severe service applications.
   
• Honeywell focuses on using digital innovations focusing on Industry 4.0 technologies. The launch of the DG Smart Sensor for precise monitoring in combustion systems is yet another example of Honeywell’s innovation in product communication capabilities. Moreover, this sensor supports analog outputs in addition to digital which improves efficiency and reliability for industrial applications.
   

Pressure Gauges Market Companies

Major players operating in the pressure gauges industry are:

• Ametek
• Badotherm
• Circor
• Dwyer
• Emerson 
• Fluke Corporation
• Honeywell International
• Kobold Instruments
• Newbow
• Omega Engineering
• QED Aerospace
• Wika Instruments
• Winters Instruments
   

The pressure gauges market is highly fragmented, with numerous manufacturers offering a diverse range of pressure measurement devices. In developing economies, many manufacturers compete primarily on price, exerting significant pressure on profit margins. This price competition is particularly intense in commodity markets, where customers often prioritize cost over advanced features or precision. Companies are heavily investing in research and development to develop advanced pressure gauges that align with the changing and evolving industry’s needs and preferences. Competitive strategies frequently center on product differentiation, where manufacturers augment their offerings with distinctive features, and geographic expansion to penetrate emerging markets. In this dynamic environment, companies that adeptly innovate and respond to market trends are poised for the most significant growth.
 

Pressure Gauges Industry News

• In 2024, AMETEK STC and Crystal Engineering announced the release of the groundbreaking XP3i digital pressure gauge, 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 2023, OMEGA Engineering announced release of its newest digital pressure gauge. OMEGA 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. The full-scale accuracy this product offers is as high as 0.08% - which is perfect for applications where accuracy is critical - and, in addition, 0.25% accuracy is available for those times when a reliable, easy-to-use gauge is most important. 
   

This pressure gauges market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) & volume (Thousand Units) from 2021 to 2034, for the following segments:

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Market, By Product Type

• Analog pressure gauges
• Digital pressure gauges

Market, By Technology

• Bourdon tube pressure gauges
• Diaphragm pressure gauges
• Capsule pressure gauges
• Absolute pressure gauges
• Piezometer pressure gauge
• Others (Bellows, manometer, differential)

Market, By Material

• Stainless steel
• Brass
• Aluminum
• Plastic
• Others (steel, copper, bronze etc.)

Market, By End Use

• Chemical & petrochemical
• Oil & gas
• Energy & power
• Pharmaceutical
• Water & wastewater treatment
• Others (aerospace, automotive, etc.)

Market, By Distribution Channel

• Online
• Offline

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Indonesia
  • Malaysia 
• Latin America
  • Brazil
  • Mexico
• MEA
  • UAE
  • Saudi Arabia
  • South Africa