Submersible Pressure Gauge Market

Global Submersible Pressure Gauge Market Size (2024-2029):

The Global Submersible Pressure Gauge Market was worth US$ 102 million in 2023 and is anticipated to reach a valuation of US$ 136.69 million by 2029 from US$ 107 million in 2024 and is predicted to register a CAGR of 5% during the forecast period 2024-2029.

MARKET SCENARIO

A submersible pressure gauge sometimes referred to as a scuba SPG, is an important piece of scuba diving equipment. To determine how much air pressure is still in a diving tank, submersible pressure gauges are employed. Before the air travels through the pressure-reducing second-stage valves, SPGs are connected to the high-pressure hose in the first stage. Mechanical and electronic pressure gauges are most frequently used. Using a curved tube with one end open to external pressure input and the other mechanically attached to an indicator point, a Bourdon tube is a non-liquid pressure measurement instrument. It is a common part of mechanical SPGs.

A correctly placed SPG and the display factor are essential components of SPG that are essential to a safe driving experience in the Bahamas. The display needs to be simple to read and comprehend. Improved reading and comprehension skills are aided by a clear design. A firmly connected SPG is also necessary because one that is dangling could cling to underwater growth and injure both the gauge and the coral reef ecosystem. The diver has the option of a stand-alone unit or an integrated unit thanks to SPG's alternative features. Many divers are now choosing digital SPGs over analog gauges.

The global market for submersible pressure gauges has been significantly impacted by the COVID-19 pandemic. There has been a significant decline in the demand for submersible pressure gauges as a result of the worldwide suspension of new projects. The COVID-19 outbreak has had a negative impact on numerous businesses. Raw resources are in short supply, and the manufacturing process has halted.

MARKET GROWTH

The submersible pressure gauge industry is expanding as a result of the rising demand for submersible pressure gauges, which are used in scuba diving equipment to check the supply of breathing gas.

MARKET DRIVERS

The Submersible Pressure Gauge Market is expanding as a result of the rising demand for submersible pressure gauges as a tool to verify the breathing gas supply in scuba diving equipment and the need to monitor the gas supply.

For a variety of reasons, submersible pressure gauges are widely utilized in temporary installations. A number of the applications propelling the global Submersible Pressure Gauge Market ahead include mechanical engineering, hydraulics/pneumatics, pumps/compressors, and general service/test operations.

Applications for submersible pressure gauges frequently call for their use in transient installations. Mechanical engineering, hydraulics/pneumatics, pumps/compressors, and general service/test operations are just a few of the numerous applications for the submersible pressure gauge that are suitable for driving the expansion of the global market for submersible pressure sensors.

MARKET RESTRAINTS

A battery-powered pressure gauge's biggest drawback is that the battery needs to be replaced, which might be unpredictable and constrain market expansion.

To check the amount of air in his scuba tank and prevent running out of air while diving, a diver can utilize a submersible pressure gauge, often known as a pressure gauge or SPG. The pressure gauge is connected to the regulator's first stage by a high-pressure hose (HP hose), which allows high-pressure air to be delivered to the gauge straight from the tank. On the same panel as the pressure gauge, you can frequently find additional gauges such as a depth gauge, compass, or dive computer. Their use in temporary circumstances is required by numerous applications for digital pressure gauges.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Submersible Pressure Gauge Market Analysis By Product

Submersible Pressure Gauges (SPG) can be separated from or integrated into a dive computer. They come in analog and digital forms. To finish the drive without running out of air, Diver SPG displays how much air is still in the diver's tank. An underwater diver uses a dive computer, often referred to as a personal decompression computer or a decompression meter, to calculate and display an ascent profile that, based on the decompression algorithm that has been preprogrammed, will result in a low risk of decompression sickness.

Global Submersible Pressure Gauge Market Analysis By Application

A building or a collection of buildings that includes retailers is known as a shopping mall. Customers can easily move between the stores because walkways connect them. Malls can be constructed both inside and outside. Online shopping is the act of making purchases of goods or services over the Internet. Going online, arriving at a seller's website, completing a purchase, and arranging delivery are all part of the procedure. The buyer has two ways to pay for the good or service: either in person when the package is delivered, or online with a credit or debit card.

REGIONAL ANALYSIS

From 2024 to 2029, the North American submersible pressure gauge market is expected to expand. The rise in demand for submersible pressure gauges from numerous end-use sectors, including oil & gas, water treatment, and others, can be blamed for the expansion. Canada comes in second place after the United States as the market leader for submersible pressure gauges in North America.

But during the predicted period, Mexico is anticipated to have the highest rate. The market for submersible pressure gauges in Latin America is anticipated to expand. This development can be ascribed to the region's expanding construction market as well as the rising need for submersible pressure gauges in the oil and gas sector.

Europe is one of the major players in this sector. The increase can be linked to the oil and gas industry's rising demand for submersible pressure gauges. During the projected period, it is also anticipated that the expansion of the construction sector will increase demand in Europe for submersible pressure gauges. a few of the major participants in this area.

KEY PLAYERS IN THE GLOBAL SUBMERSIBLE PRESSURE GAUGE MARKET

Companies playing a prominent role in the global submersible pressure gauge market include Aqua Lung, Apollo, Atomic Aquatics, Beuchat, Cressi, Dive Rite, Duton Industry, H2Odyssey, Johnson Outdoors, Mares, and Others.

RECENT HAPPENINGS IN THE GLOBAL SUBMERSIBLE PRESSURE GAUGE MARKET

• At this year's DEMA Show, Submersible Systems—known for its Spare Air packs—will be showing its ground-breaking new EasyDive Kit with a "Snorkelator." A 19 cubic foot/538-liter cycler, a custom harness, a tank valve/first stage combo, a second stage regulator, a tiny pressure gauge, an air compressor refill adaptor, and a snorkeler are all included in the EasyDive Kit.
• Minn Kota Raptor shallow-water anchors will come as standard on Skeeter Boats' ZXR, FXR, and SX bass boat lines as a result of a relationship the company announced with Johnson Outdoors. According to Skeeter, the partnership with Johnson Outdoors will enhance the networking and functionality of other devices, including trolling motors and chargers.

DETAILED SEGMENTATION OF THE GLOBAL SUBMERSIBLE PRESSURE GAUGE MARKET INCLUDED IN THIS REPORT

This research report on the global submersible pressure gauge market has been segmented and sub-segmented based on product, application and region.

By Product

• Separated Use
• Installed in Computer

By Application

• Shopping Malls
• Online Shop
• Others

By Region

• North America 
• Europe 
• Asia Pacific
• Latin America 
• Middle East & Africa