DUBLIN, Nov 22, 2018 /PRNewswire/ --
The "Level Transmitter Market by Technology, Industry, and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The level transmitter market is expected to grow from USD 3.0 billion in 2018 to USD 3.7 billion by 2024, at a CAGR of 3.85% during the forecast period.
Level transmitters are very easy to install, highly robust, resistant to turbulence, and require little maintenance. The need for more accurate and reliable continuous level measurements for inventory management, process efficiency, and safety applications has driven the level transmitter market growth. Food & beverages and pharmaceuticals industries have been witnessing steady growth owing to the increasing purchasing power and rising consumer demand. Thus, the increasing demand for process automation in these industries drive the growth of the level transmitter market. Moreover, there is a high focus on industrial automation and optimum utilization of resources. However, in continuous level measurement, a large volume of data is generated, which can result in network congestion.
Water & wastewater is among major industries in level transmitter market.
With regulations for water quality becoming more stringent and rising demand for consistent water quality, the water supply industry is continually challenged to optimize water treatment processes. The level transmitter is capable of measuring levels in both clean and harsh environments and is a cost-effective solution for water projects. During the stages of wastewater treatment, accurate level measurement of wastewater is essential. Wastewater is required to be stored and pumped to higher levels at pump stations. These pump stations use level transmitters for monitoring the level of wastewater, which facilitates controlling the pumping operation. At all stages in the wastewater network and treatment process, level monitoring of wastewater using level transmitters provides essential control and feedback on the process.
North America is expected to hold largest market share during forecast period.
North America is expected to hold the largest market share during the forecast period. It is an important market for level transmitters. The region has increased oil and gas production over the past decades. The growth of the level transmitter market in North America is also attributed to the huge installed base for publicly owned treatment works (POTW) and presence of industrial wastewater treatment plants. This region is also expected to sustain its position as the top market in the near future.
Endress+Hauser (Switzerland), VEGA (Germany), Emerson Electric (US), Siemens (Germany), and KROHNE (Germany) are a few major market players.
Other players in the level transmitter market include ABB (Switzerland), Honeywell (US), Yokogawa (Japan), AMETEK (US), Magnetrol (US), Schneider Electric (France), WIKA (Germany), Brkert Fluid Control Systems (Germany), Dwyer Instruments (US), Spectris (Omega Engineering) (US), GF Piping Systems (Switzerland), Nivelco (Hungary), Viatran (US), and Monitor Technologies LLC (US).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Level Transmitter Market
4.2 Market for Contact Level Transmitters, By Technology
4.3 Level Transmitter Market for Water & Wastewater Industry, By Region
4.4 Radar Level Transmitter Market, By Type
4.5 Level Transmitter Market in Europe, By Industry and Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Benefits Provided By Different Types of Level Transmitters
5.2.1.2 Evolution of Industrial Automation in Food & Beverages and Pharmaceuticals Industries
5.2.1.3 High Focus on Industrial Automation and Optimum Utilization of Resources
5.2.1.4 Increased Importance of Safety and Regulatory Compliances
5.2.2 Restraints
5.2.2.1 Network Congestion
5.2.3 Opportunities
5.2.3.1 Growing Demand for Radar Level Transmitters
5.2.4 Challenges
5.2.4.1 High-Level Measurement of Tanks With Floating Roofs
6 Level Transmitter Market, By Monitoring Method
6.1 Introduction
6.2 Point Level Measurement
6.2.1 Point Level Measures the Level at Defined Levels
6.3 Continuous Level Measurement
6.3.1 Continuous Level Measurement is Used in Industries Where Level Measurement is A Crucial
7 Level Transmitter Market, By Technology
7.1 Introduction
7.2 Capacitive
7.2.1 Capacitive is A Cost Effective and Simple to Use Technology
7.3 Ultrasonic
7.3.1 Ultrasonic Level Transmitter is Easy to Install on Tanks
7.4 Radar
7.4.1 Contact (Guided Wave Radar)
7.4.1.1 Key Advantages Offered By Guided Wave Radar Level Transmitters
7.4.2 Non contact
7.4.2.1 Non contact Radar Level Transmitters is Expected to Grow at Higher Rate as Compare to Their Contact Counterpart
7.5 Differential Pressure/Hydrostatic
7.5.1 Differential Pressure/Hydrostatic Level Transmitter is Likely to Hold the Largest Market Share Between 2018 and 2024
7.6 Magnetostrictive
7.6.1 Magnetostrictive Level Transmitter Works Well With Clean Liquids and are Accurate and Adaptable to Wide Variations in Fluid Densities
7.7 Radiometric
7.7.1 Radiometric Level Transmitter is Most Used in Metals and Mining Industry
7.8 Others
8 Level Transmitter Market, By Type
8.1 Introduction
8.2 Contact Level Transmitter
8.2.1 Differential Pressure/Hydrostatic is the Most Used Contact Level Transmitter
8.3 Non-Contact Level Transmitter
8.3.1 Non-Contact Level Transmitter is Expected to Grow at Higher CAGR During the Forecast Period
9 Level Transmitter Market, By Industry
9.1 Introduction
9.2 Oil & Gas
9.2.1 Oil & Gas is One of the Key End-User Industry of the Level Transmitter Market
9.3 Chemicals
9.3.1 Level Transmitter Application Areas in Chemicals Industry
9.4 Water & Wastewater
9.4.1 Applications in Wastewater Management
9.5 Food & Beverages
9.5.1 Radar Level Transmitters are Best Suited for Food & Beverages Industry
9.6 Pharmaceuticals
9.6.1 Applications of Level Transmitters in Pharmaceuticals Industry
9.7 Power
9.7.1 Level Transmitters Can Be Used in Coal Power Plants, Hydropower Stations, and Biogas Plants
9.8 Metals & Mining
9.8.1 Level Transmitter Can Be Used in Every Stage of Metal Production
9.9 Others
10 Geographical Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Oil & Gas Considered as One of the Major Industries in the Us
10.2.2 Rest of North America
10.3 Europe
10.3.1 Germany
10.3.1.1 Germany Held A Significant Share of the Level Transmitter Market in Europe
10.3.2 UK
10.3.2.1 The UK to Exhibit Steady Growth in the Level Transmitter Market During the Forecast Year
10.3.3 France
10.3.3.1 Food & Drink Industry is A Significant User of Level Transmitter in France
10.3.4 Rest of Europe
10.4 APAC
10.4.1 China
10.4.1.1 China is One of the Lucrative Markets for Players in Process Automation Market
10.4.2 India
10.4.2.1 India is One of the Prominent Markets for Level Transmitters Backed By Government Initiatives
10.4.3 Japan
10.4.3.1 Oil & Gas and Chemicals Industries are Key User of Level Transmitters
10.4.4 Rest of APAC
10.5 Rest of the World (RoW)
10.5.1 Middle East and Africa
10.5.1.1 The Middle East and Africa are Likely to Dominate the Market in RoW
10.5.2 South America
10.5.2.1 Brazil is A Major Market for Level Transmitters in South America
11 Competitive Landscape
11.1 Overview
11.2 Ranking of Players, 2017
11.3 Competitive Scenario
11.3.1 Product Launches
12 Company Profiles
12.1 Key Players
12.1.1 Emerson Electric
12.1.2 Endress+Hauser
12.1.3 Siemens
12.1.4 Vega Grieshaber
12.1.5 Krohne Messtechnik
12.1.6 ABB
12.1.7 Honeywell
12.1.8 Schneider Electric
12.1.9 Yokogawa Electric
12.1.10 Ametek
12.1.11 Magnetrol International
12.1.12 Dwyer Instruments
12.2 Other Key Players
12.2.1 Wika
12.2.2 Sor Inc.
12.2.3 Spectris (Omega Engineering)
12.2.4 Brkert
12.2.5 GF Piping Systems
12.2.6 L&J Technologies
12.2.7 Viatran
12.2.8 Monitor Technologies LLC
12.2.9 Matsushima Measure Tech
For more information about this report visit https://www.researchandmarkets.com/research/sv2r4w/global_level?w=5
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