Smart pressure gauge is an equipment that helps to measure the variations in the environmental characteristics or physical quantity of any material. A smart pressure gauge transforms measurement into signals in the form of inputs to control the device. Smart pressure gauges measure the pressure of a wide range of liquids & gases and produce an electric signal due to applied pressure.
The smart or connected pressure gauge primarily utilizes sensor technology to provide reliable readings and better visibility of field changes. Smart pressure gauges are ideally utilized for testing & monitoring purposes; for instance, sensor-based pressure gauges are used to monitor the oil pressure in automobiles. The smart pressure gauge is utilized in various end-use industries such as automotive, oil & gas, consumer electronics, medical, utility, and in the industrial sector.
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Smart Pressure Gauge Market Dynamics
Rapid adoption of digital pressure gauge driving the smart pressure gauge market
End-use industries are rapidly shifting to digital pressure gauges due to lack of accuracy while measuring changes in the field through analog pressure gauges. Digital pressure gauges can easily enhance the process efficiency and ensure the subsequent accuracy of readings and durability of the gauges. These gauges are appropriate for various applications & industries, including pneumatics/hydraulics, mechanical engineering, test operations, and pumps/compressors. Furthermore, digital pressure gauges help to minimize the workforce that is generally required to interpret the readings and it can automatically record the determined pressure level during the measurement. Therefore, rapid adoption of digital pressure gauges due to its better accuracy and efficiency is significantly enhancing the growth of the smart pressure gauge market worldwide.
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High maintenance cost of sensor based pressure gauges restraining the growth of the market
Various technologies such as piezo resistive pressure gauge, resonant solid state pressure gauge, electromagnetic pressure gauge, optical pressure gauge and capacitive pressure gauge are substantially involved with pressure gauges which require significant calibration & maintenance services. This increases maintenance cost of pressure gauges, which is expected to hamper the growth of the smart pressure gauges market worldwide. However, manufacturers are currently focusing on adopting low cost board mount pressure sensors to overcome this issue.
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