Market Share of Pressure Transmitter & Transducer Industry
The pressure transmitter & transducer market is highly competitive and consists of a significant number of players, leading to a quite fragmented market. In terms of market share, no particular player currently dominates the market. The manufacturers are engaging in mergers and acquisitions and product innovations to gain a competitive advantage.
- June 2020 - ABB Ltd agreed to acquire K-TEK Corp., a supplier of magnetic level gauges, magnetostrictive level transmitters and laser level transmitters. K-TEK will merge the Measurement Products business segment within ABB's Process Automation division. K-TEK offers a wide range of level detection instruments, which includes pressure and temperature switches.
- January 2020 - WIKA USA announced that AWC, Inc has been appointed as the exclusive representative for WIKA's electrical temperature, flow, and level products in Louisiana, Southern Arkansas, and Western Mississippi. AWC, Inc will continue to promote and inventory WIKA mechanical pressure and temperature products to distribute to their existing and new customers.
Pressure Transmitter & Transducer Market Leaders
ABB Ltd
Emerson Electric Co.
Yokogawa Electric Corporation
Honeywell International Inc.
WIKA Instruments, LP
*Disclaimer: Major Players sorted in no particular order
