Industrial Gauges Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

By Gauge Type;

Pressure and Temperature

By Application;

Hydraulic Systems, Pumps, Compressors, Boilers and Others

By End-Use Industry;

Chemical, Refining, Petrochemical, Power, Food, Pharmaceutical, Dairy and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn301314811 Published Date: December, 2025 Updated Date: February, 2026

Industrial Gauges Market Overview

Industrial Gauges Market (USD Million)

Industrial Gauges Market was valued at USD 5,176.22 million in the year 2024. The size of this market is expected to increase to USD 6,997.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.


Industrial Gauges Market

*Market size in USD million

CAGR 4.4 %


Study Period2026 - 2032
Base Year2025
CAGR (%)4.4 %
Market Size (2025)USD 5,176.22 Million
Market Size (2032)USD 6,997.06 Million
Market ConcentrationHigh
Report Pages357
5,176.22
2025
6,997.06
2032

Major Players

  • KOBOLD Messring GmbH
  • WIKA Instruments India Pvt. Ltd.
  • Ashcroft Inc
  • Pyrosales Ltd
  • Winters Instruments Limited
  • W.W. Grainger Inc.
  • H.O. Trerice Co.
  • JAKO
  • ITEC
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Industrial Gauges Market

Fragmented - Highly competitive market without dominant players


Industrial Gauges Market plays a critical role in ensuring accurate measurement, monitoring, and control across diverse industrial processes. With growing emphasis on operational safety and process efficiency, adoption of precision gauges has expanded by over 40% in recent years. These devices support industries in maintaining reliability, reducing downtime, and achieving consistent performance.

Key Drivers Accelerating Growth
The demand for accurate pressure and temperature monitoring has boosted the use of industrial gauges, with nearly 35% of manufacturing facilities integrating advanced systems. Industries prioritize gauges to enhance equipment safety and regulatory compliance, which strengthens the market’s momentum.

Advancements Strengthening Market Adoption
Integration of digital displays, smart sensors, and IoT-enabled monitoring has transformed the role of gauges. Around 50% of newly installed systems feature smart connectivity, enabling predictive maintenance and reducing operational risks. This shift toward intelligent devices is redefining measurement standards across industries.

Future Opportunities
Continuous R&D, coupled with technological advancements and expansion strategies, is expected to create new pathways for the market. With industries aiming for greater accuracy and reliability, industrial gauges will remain a vital part of modern operations, fueling further adoption and innovation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Gauge Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-Use Industry
    4. Market Snapshot, By Region
  4. Industrial Gauges Market Forces
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Manufacturing demand
        2. Integration challenges
        3. Regulatory compliance
        4. Diagnostic capabilities
      2. Restraints
        1. High costs
        2. Skilled workforce shortage
        3. Environmental concerns
        4. Calibration complexity
      3. Opportunities
        1. IoT integration
        2. Emerging markets
        3. Predictive maintenance
        4. Smart manufacturing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Industrial Gauges Market, By Gauge Type, 2021 - 2031 (USD Million)
      1. Pressure
      2. Temperature
    2. Industrial Gauges Market, By Application, 2021 - 2031 (USD Million)
      1. Hydraulic Systems
      2. Pumps
      3. Compressors
      4. Boilers
      5. Others
    3. Industrial Gauges Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Chemical
      2. Refining
      3. Petrochemical
      4. Power
      5. Food
      6. Pharmaceutical
      7. Dairy
      8. Others
    4. Industrial Gauges Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. WIKA
      2. Ametek
      3. Emerson
      4. Honeywell International
      5. Ashcroft
      6. Kobold
      7. Fluke
      8. Omega Engineering
      9. Winters Instruments
      10. Granville-Phillips
      11. Baumer
      12. Grainger
      13. H.O. Trerice
      14. Endress+Hauser
      15. Johnson Controls
  7. Analyst Views
  8. Future Outlook of the Market