Multivariable Transmitters Market Size to Grow by USD 257.5 Mn, Increased Focus on Reducing Overall Component Required for Flow Measurement to Boost Market Growth - Technavio

NEW YORK, Oct. 31, 2022 /PRNewswire/ -- The "Multivariable Transmitters Market by End-user (Oil and gas, Chemical and petrochemical, Power, Metal and mining, and Others) and Geography (North America, Europe, APAC, South America, and Middle East and Africa) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The potential growth difference for the multivariable transmitters market size between 2021 and 2026 is USD 257.5 million. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report

The increased focus on reducing the overall component required for flow measurement is driving the market growth. Flow measurements are important for the safe and efficient running of process plants. Replacing traditional devices with a multivariable transmitter helps in reducing the overall installation cost by 35% -45% and also provides improved efficiency. Multivariable pressure transmitters capture the differential pressure, static pressure, and temperature simultaneously. They also provide a consolidated output, thus providing a quicker measurement of process variables. These factors will fuel the market growth during the forecast period.

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By end-user, the oil and gas segment will be a significant contributor to market growth during the forecast period. Multivariable transmitters are used in mid-stream, upstream, and downstream operations in the oil and gas industry. The industry requires continuous monitoring of process variables such as pressure, temperature, and fluid. Multivariable transmitters are required to monitor the pressure to enhance the controllability of process variables in case of fluctuations, which helps maintain the required safety level. LNG needs to be handled carefully during transportation to avoid any spillage. Safety can be ensured with the use of multivariable transmitters.

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By geography, Europe will be the leading region with 35% of the market's growth during the forecast period. The UK and Germany are the key countries for the multivariable transmitters market in the region. The growth of this segment is attributed to factors such as the increase in the adoption of robotics and artificial intelligence. Moreover, market growth in this region will be faster than the growth of the market in North America and MEA.

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ABB Ltd., Azbil Corp., BCST, Beamex Oy AB, DP Flow, Eastern Instruments, Emerson Electric Co., Fuji Electric Co. Ltd., Honeywell International Inc., Integral Electronics, KC Controls UK LLP, Maxima Automation Solutions Pvt. Ltd., Meriam Process Technologies, Motherwell Automation, Schneider Electric SE, Siemens AG, SmartMeasurement, United Electric Controls, and Yokogawa Electric Corp. are the key players in the market. The offerings of some of these vendors are listed below:

• Azbil Corp. - The company offers Smart Multivariable Flow Transmitter Model JTD720A, which is a differential pressure transmitter with built-in temperature and pressure compensation that measures the mass flow rate of gases.
• DP Flow - The company offers products such as IMV25 multivariable transmitter, IMV30 multivariable transmitter, and SCADAPackTM 4102 ModbusTM multivariable transmitter.
• Emerson Electric Co. - The company offers Rosemount 3051S multi-variable transmitter that is a solution customized to obtain measurement combinations of differential pressure, static pressure, and process temperature.
• Fuji Electric Co. Ltd. - The company offers FCX-AIII series transmitters that feature compact design, high accuracy and performance, and long-term stability.

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Electrostatic Precipitator System Market by Type and Geography - Forecast and Analysis 2022-2026: Stringent regulations to control increasing air pollution levels are a trend in the market. Governments across the world are making the necessary efforts for the mitigation of air pollution. For instance, the Government of India has taken a number of regulatory measures for the prevention, control, and abatement of air pollution in the country.

Programmable Logic Controller (PLC) Market in APAC by End-User and Geography - Forecast and Analysis 2022-2026: The increasing focus on expanding the capabilities of micro PLCs is a key trend. Micro PLCs are rapidly becoming an indispensable solution for controlling standalone machinery in process and discrete industries. Benefits such as programming flexibility, ease of use, communication capabilities within a compact structure, and low price when compared with traditional PLCs are increasing the adoption of micro PLCs in APAC.

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments 
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user 
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 Oil and gas - Market size and forecast 2021-2026
• Exhibit 28: Chart on Oil and gas - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Oil and gas - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Oil and gas - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Oil and gas - Year-over-year growth 2021-2026 (%)

• 5.4 Chemical and petrochemical - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Chemical and petrochemical - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Chemical and petrochemical - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Chemical and petrochemical - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Chemical and petrochemical - Year-over-year growth 2021-2026 (%)

• 5.5 Power - Market size and forecast 2021-2026
• Exhibit 36: Chart on Power - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Power - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Power - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Power - Year-over-year growth 2021-2026 (%)

• 5.6 Metal and mining - Market size and forecast 2021-2026
• Exhibit 40: Chart on Metal and mining - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Metal and mining - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Metal and mining - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Metal and mining - Year-over-year growth 2021-2026 (%)

• 5.7 Others - Market size and forecast 2021-2026
• Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by End-user 
• Exhibit 48: Market opportunity by End-user ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 50: Chart on Market share by geography 2021-2026 (%)
• Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 52: Chart on Geographic comparison
• Exhibit 53: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 62: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 Japan - Market size and forecast 2021-2026
• Exhibit 86: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 90: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 91: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 92: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 95: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 97: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 98: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 99: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 100: Matrix on vendor position and classification

• 10.3 ABB Ltd. 
• Exhibit 101: ABB Ltd. - Overview
• Exhibit 102: ABB Ltd. - Business segments
• Exhibit 103: ABB Ltd. - Key offerings
• Exhibit 104: ABB Ltd. - Segment focus

• 10.4 Azbil Corp. 
• Exhibit 105: Azbil Corp. - Overview
• Exhibit 106: Azbil Corp. - Business segments
• Exhibit 107: Azbil Corp. - Key news
• Exhibit 108: Azbil Corp. - Key offerings
• Exhibit 109: Azbil Corp. - Segment focus

• 10.5 DP Flow 
• Exhibit 110: DP Flow - Overview
• Exhibit 111: DP Flow - Product / Service
• Exhibit 112: DP Flow - Key offerings

• 10.6 Emerson Electric Co. 
• Exhibit 113: Emerson Electric Co. - Overview
• Exhibit 114: Emerson Electric Co. - Business segments
• Exhibit 115: Emerson Electric Co. - Key news
• Exhibit 116: Emerson Electric Co. - Key offerings
• Exhibit 117: Emerson Electric Co. - Segment focus

• 10.7 Fuji Electric Co. Ltd. 
• Exhibit 118: Fuji Electric Co. Ltd. - Overview
• Exhibit 119: Fuji Electric Co. Ltd. - Business segments
• Exhibit 120: Fuji Electric Co. Ltd. - Key offerings
• Exhibit 121: Fuji Electric Co. Ltd. - Segment focus

• 10.8 Honeywell International Inc. 
• Exhibit 122: Honeywell International Inc. - Overview
• Exhibit 123: Honeywell International Inc. - Business segments
• Exhibit 124: Honeywell International Inc. - Key news
• Exhibit 125: Honeywell International Inc. - Key offerings
• Exhibit 126: Honeywell International Inc. - Segment focus

• 10.9 Schneider Electric SE 
• Exhibit 127: Schneider Electric SE - Overview
• Exhibit 128: Schneider Electric SE - Business segments
• Exhibit 129: Schneider Electric SE - Key news
• Exhibit 130: Schneider Electric SE - Key offerings
• Exhibit 131: Schneider Electric SE - Segment focus

• 10.10 Siemens AG 
• Exhibit 132: Siemens AG - Overview
• Exhibit 133: Siemens AG - Business segments
• Exhibit 134: Siemens AG - Key news
• Exhibit 135: Siemens AG - Key offerings
• Exhibit 136: Siemens AG - Segment focus

• 10.11 SmartMeasurement 
• Exhibit 137: SmartMeasurement - Overview
• Exhibit 138: SmartMeasurement - Product / Service
• Exhibit 139: SmartMeasurement - Key offerings

• 10.12 Yokogawa Electric Corp. 
• Exhibit 140: Yokogawa Electric Corp. - Overview
• Exhibit 141: Yokogawa Electric Corp. - Business segments
• Exhibit 142: Yokogawa Electric Corp. - Key offerings
• Exhibit 143: Yokogawa Electric Corp. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 144: Inclusions checklist
• Exhibit 145: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 146: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 147: Research methodology
• Exhibit 148: Validation techniques employed for market sizing
• Exhibit 149: Information sources

• 11.5 List of abbreviations 
• Exhibit 150: List of abbreviations

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