Allied Market Research

2024

Submersible Pressure Gauge Market

Submersible Pressure Gauge Market Size, Share, Competitive Landscape and Trend Analysis Report, by Product and, by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

EP : Equipment and Devices

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Author's: | Eswara Prasad
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Submersible pressure gauges, are used to determine how much air pressure is left in a scuba tank. Before the air goes to the pressure-reducing second stage valves, SPGs are attached to the high-pressure hose in the first stage. Mechanical and digital pressure gauges are the two most common types. Mechanical SPGs often employ a Bourdon tube, which is a non-liquid pressure measuring device that consists of a curved tube that is open to external pressure input on one end and mechanically connected to an indicating needle on the other. A high-pressure hose is required to connect mechanical SPGs to the first stage. Standard mechanical SPGs can be standalone gauges, such as one dial connected to the high-pressure hose, or part of a console that includes a compass and a depth gauge. A transducer, an electrical device that transforms pressure into voltage, is used in digital SPGs. The voltage is then transformed to a digital signal, which is used to control a digital readout. The transducer in a Hoseless Digital SPG is coupled to a wireless transmitter that may be attached directly to the first stage without the use of an SPG hose.

COVID-19 Impact analysis

  • The COVID-19 epidemic has had a major influence on the global submersible pressure gauge market. New projects have halted all across the world, resulting in a major drop in demand for submersible pressure gauges. 
  • Many industries have been harmed by the COVID-19 epidemic. The industrial process has come to a standstill, and raw materials are in limited supply.

Top Impacting Factors

Surge in demand for submersible pressure gauge as a device to monitor the breathing gas supply in scuba diving equipment, as well as the rise in requirement to keep track of the gas supply drive the growth of the submersible pressure sensors market. Many submersible pressure gauge applications need their usage in temporary installations. The submersible pressure gauge is ideal for a broad range of applications, including mechanical engineering, hydraulics/pneumatics, pumps/compressors, and general service/test operations, all these wide variety of applications are driving the growth of the global submersible pressure sensors market. 

Market Trends

  • Scuba Schools International (SSI) has been bought by Mares, a diving equipment manufacturer, and Head, a parent company of Mares.
  • Silva Sweden AB and Johnson Outdoors Inc., a prominent outdoor recreation equipment business, have reached an agreement for Silva Sweden AB to acquire the Silva trademark rights in North America. Silva Sweden will receive the global trademark rights to the Silva brand as a result of this agreement. 
  • Northport Systems, Inc., a specialist in the creation and deployment of unique digital cartography technologies and solutions, has been acquired by Johnson Outdoors Inc. Northport provides new cartographic capabilities to Johnson Outdoors Inc., which may extend the company's innovation vision, speed up time to market, and increase the possibility for larger new product success and long-term growth in the worldwide fishing brands.

Key Benefits of the Report

  • This study presents the analytical depiction of the submersible pressure gauge industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Submersible pressure gauge market share.
  • The current market is quantitatively analyzed to highlight the submersible pressure gauge market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed Submersible pressure gauge market analysis based on competitive intensity and how the competition will take shape in coming years

Submersible Pressure Gauge Market Report Highlights

Aspects Details
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By Product
  • Mechanical Pressure Gauges
  • Digital Pressure Gauges
  • Others
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By Application
  • Test Operations
  • Compressors
  • Pneumatics
  • Others
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By Region
  • North America  (U.S, Canada, Mexico)
  • Europe  (UK, Germany, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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Key Market Players

Mares Company, Apollo Sports USA, Cressi Company, Dive Rite Company, Beuchat Company, Atomic Aquatics, Duton Industry, Sherwood Scuba, Oceanic Asia Pacific, H2Odyssey, Johnson Outdoors Company

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Submersible Pressure Gauge Market

Global Opportunity Analysis and Industry Forecast, 2023-2032