September 2007

Trends and Resources

HP Impact: HPImpact: Pressure transmitter market to reach $2.3 billion by 2011

Driven by a stronger emphasis on plant asset management (PAM) and safety applications, the worldwide market for pressure transmitters is expected to grow an average 5.2%/yr over the next five years. ..

Weirauch, Wendy, Hydrocarbon Processing Staff

Driven by a stronger emphasis on plant asset management (PAM) and safety applications, the worldwide market for pressure transmitters is expected to grow an average 5.2%/yr over the next five years. The market was $1.8 billion in 2006 and is forecast to be over $2.3 billion in 2011, according to a new ARC Advisory Group study (www.arcweb.com). Propelled by a booming automation market and robust capital expenditures, the pressure transmitter market has seen strong growth in recent years. The market is expected to continue to grow at higher than average rates, due to the emphasis on PAM and smart instrumentation, and an expected upswing in the adoption of wireless transmitters. "Much of

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