The Development Status of the Digital Pressure Gauge Industry

There are numerous digital pressure gauge manufacturers in the market, leading to a highly fragmented landscape with shares being held by various companies. A variety of specifications for different types of digital pressure gauges support various industries such as automotive, aerospace and defense, chemical, energy, and healthcare. Some major companies in the digital pressure gauge market include Honeywell International, Emerson Electric, AMETEK Inc., Meggitt PLC, and Crane Company. Leading manufacturers are investing heavily in the development of new pressure sensors and wireless pressure gauges to expand their global market share and influence. For example, in January 2021, Honeywell International launched a next-generation cabin pressure control and monitoring system for commercial and military aircraft. The new version of the system is fully electric, lighter in weight, and suitable for business and regional aviation as well as tactical or military trainer-sized aircraft. It is expected that such investments will promote company growth in various regions over the coming years.