Laboratory & Healthcare Products & Services · Direct
Monitoring · monthlyProcurement Category Intelligence
Pressure Measurement Instrumentation
Overview
Market size
$21.4B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-2.6
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity
Market outlook
2031$27.5B
What changed
Demand by region
Asia Pacific demand35%
North America demand30%
Europe demand25%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Electronic components and semiconductors30%
Raw metals and specialized alloys25%
Precision labor and engineering20%
Testing and calibration services15%
Logistics and outbound freight10%
share of delivered cost (analyst estimate)