According to the research report titled ‘Global High Temperature Pressure Transmitter Market: Analysis By Product Type (Intrinsic, Extrinsic), End User, By Region, By Country (2020 Edition): Market Insights and Outlook Post Covid-19 Pandemic (2020-2025)’, available with Market Study Report, global high temperature pressure transmitter market was worth USD 619.23 million in 2019 and is anticipated to record a healthy CAGR throughout 2020-2025.
 

Implementation of stringent regulatory standards owing to increasing concern for safety & security at workplaces is a major factor driving the global high temperature pressure transmitter market growth. Additionally, rising number of favorable government regulations, and ongoing industrialization are positively impacting the industry outlook.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2876130/
 

Moreover, the development of Industry 4.0 policies has accelerated the use of wireless sensing & IoT solutions in various industrial applications, thereby drafting a favorable scenario for business expansion. 
 

On the downside, the Covid-19 pandemic and the deferral in capital investments in industrial automation are negatively swaying the market dynamics.
 

For the record, high temperature pressure transmitters are used in applications where multiple variables need to be measured. The main aim of these devices is to continuously transmit information to control a process without any flaws.
 

Based on product type, global high temperature pressure transmitter industry is segmented into intrinsic transmitters and extrinsic transmitters. Speaking of the end user spectrum, the marketplace is divided into food, oil & gas, chemical, water & wastewater, and others.
 

Geographically, Asia Pacific, Europe, North America, Latin America, and Middle East & Africa are major contributors to the overall industry value. Of these, Asia Pacific held 39.5% market share in 2019 and is poised to showcase lucrative growth trends over the forecast duration, on account of growing applications of pressure transmitters in heavy industries.
 

Prominent players in the industry are Azbil Corporation, Yokogawa Electric Corporation, Dynisco LLC, ABB Ltd, Krohne Messtechnik GmbH, Siemens AG, Honeywell International Inc., Emerson Electric Co., Danfoss, and Gefran.