Level Transmitter Market

Level Transmitter Market by Technology (Capacitance, Radar, Ultrasonic, Differential Pressure/Hydrostatic, Magnetostrictive, Radiometric), Industry (Oil & Gas, Chemicals, Water & Wastewater, Power, Metals & Mining), and Region - Global Forecast to 2024

Report Code: SE 4030 Nov, 2018, by marketsandmarkets.com
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 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% from 2018 to 2024.The study involved 4 major activities to estimate the current market size for level transmitters. Exhaustive secondary research has been carried out to collect information on the market, peer market, and parent market. Validation of these findings, assumptions, and market sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. Thereafter, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.

Level Transmitter Market

Secondary Research

In the secondary research process, various secondary sources such as Factiva, Hoovers, Bloomberg, OneSource, automation expo, international society of automation, industrial automation magazine, and automation association have been referred to for identifying and collecting information for this study. These secondary sources include annual reports, press releases and investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard and silver standard websites, industrial safety organizations, regulatory bodies, trade directories, and databases.

Primary Research

The level transmitter market comprises several stakeholders, such as sensor suppliers, manufacturers, distributors, and end-user industries. The demand side of this market is characterized by the development of the food & beverages and pharmaceuticals industry, oil & gas trade, regulations and norms in water & wastewater treatment plants. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources that include industry experts from both the supply and demand sides of the market have been interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents is as follows:

Level Transmitter Market

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Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the level transmitter market. These methods have also been used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • Key players in the market have been identified through extensive secondary research.
  • The market size, in terms of value, has been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To describe and forecast the level transmitter market, in terms of value, segmented on the basis of technology, industry, type, and geography
  • To forecast the market, in terms of value, for various segments with regard to 4 main regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW), along with their respective countries
  • To describe monitoring methods for level measurement: Point level measurement and continuous level measurement
  • To forecast the overall level transmitter market in terms of volume and value
  • To provide detailed information regarding drivers, restraints, opportunities, and challenges pertaining to the level transmitter market
  • To analyze growth strategies, such as mergers and acquisitions, product launches and developments, and research and development activities in the global level transmitter market

Scope of the Report

Report Metric

Details

Market size available for years

2015–2024

Base year considered

2017

Forecast period

2018–2024

Forecast units

Value (USD) and Volume (Million Units)

Segments covered

Type, Technology, Industry, and Region

Geographic regions covered

North America, APAC, Europe, and RoW

Companies covered

Endress+Hauser (Switzerland), VEGA (Germany), Emerson Electric (US), Siemens (Germany), and KROHNE (Germany) are among a few major companies in the level transmitter market.
Total 25 major players have been covered.

This research report categorizes the level transmitter market based on type, technology, industry, and region.

Level Transmitter Market, by Industry

  • Oil & Gas
  • Chemicals
  • Water & Wastewater
  • Food & Beverages
  • Pharmaceuticals
  • Power
  • Metals & Mining
  • Others (Paper & Pulp, Cement, Textiles, Glass, Agriculture, and Marine)

Level Transmitter Market, by Technology:

  • Capacitive
  • Ultrasonic
  • Radar
  • Differential Pressure/Hydrostatic
  • Magnetostrictive
  • Radiometric
  • Others (Laser, Displacer, and Potentiometric)

Level Transmitter Market, by Type:

  • Contact
  • Non-Contact

Level Transmitter Market, by Region:

  • North America
  • Europe
  • Asia Pacific
  • RoW (South America, Middle East & Africa)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)

The level transmitter market is estimated to grow from USD 3.0 billion in 2018 and to USD 3.7 billion by 2024, growing 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. Thus, 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 drives the growth of market.

“Market for contact level transmitters is expected to hold larger share during forecast period.”

Contact level sensors are widely used in numerous verticals as these instruments are deployed in several products. Contact level transmitters are popular because of their simplicity, dependability, and low cost. Contact level transmitters are easy to install just as plug-and-play setup. The key advantage of contact level transmitters is that they require no compensation for changes in density, dielectric, or conductivity of a fluid. They are less costly than noncontact level transmitters.

“Market for radar level transmitters is expected to grow at highest CAGR during forecast period."

A radar level transmitter is not affected by changes in specific gravity, dielectric constant, temperature, or pressure. Furthermore, it contains no moving parts and has a robust pressure boundary. Thus, the market for radar level transmitters is expected to grow at a higher rate than other types of level transmitters during the forecast period. Radar level transmitters are used for liquid, slurries, solids, and interface measurement. Guided wave radar transmitters are commonly used for measuring levels of media such as paint, latex, animal fat, soybean oil, sawdust, carbon black, titanium tetrachloride, salt, and grain. Though noncontact radar level transmitters can measure levels of both solid and liquid media, they are mostly used for liquid level measurement in industries such as food & beverages, pharmaceuticals, chemicals, and oil & gas. With an increasing adoption in industries such as food & beverages, cement, and metals & mining, the demand for radar level transmitters is likely to grow at a higher rate for solids measurement applications during the forecast period.

“Oil & Gas is major end-user industry in level transmitter market.”

The oil & gas industry held the largest share of the level transmitter market in 2017 due to the rising demand for reliable and accurate level measurement systems. Level transmitters are used for a variety of processes in the oil & gas industry, including level monitoring in effluent tanks, oil separators, and hydraulic oil tanks. Level transmitters provide high performance and cost-effective measurement means for continuous level measurements in the oil & gas industry.  Other applications of level transmitters in the oil & gas industry include level measurement in reservoir tanks for hydraulic oil, wave height measurement for a drilling and production platform, level detection in the ballast tank, and level measurement in an oil separator.

Level Transmitter Market

“APAC is lucrative market for level transmitter suppliers.”

APAC is expected to be the fastest-growing market for level transmitters. The region has witnessed significant growth in manufacturing activities due to low manufacturing costs and supportive local governments. Furthermore, the growing demand for petrochemicals and increasing population in countries such as China and India are fueling chemicals and pharmaceuticals industries in APAC. India and China are considered as huge markets for level transmitters owing to the growing industrial manufacturing activities in these countries. Investments in the municipal water sector are expected to be high in APAC countries. This factor offers opportunities for level transmitters to penetrate the water & wastewater industry.

As of 2017, Endress+Hauser (Switzerland), VEGA (Germany), Emerson Electric (US), Siemens (Germany), and KROHNE (Germany) were the major players in the level transmitter market. These players are focusing on product launches and expansions to enhance their product offerings and expand their businesses.

Other players in the level transmitter market include ABB (Switzerland), Honeywell (US), Yokogawa (Japan), AMETEK (US), Magnetrol (US), Schneider Electric (France), WIKA (Germany), Bόrkert Fluid Control Systems (Germany), Spectris (Omega Engineering) (US), GF Piping Systems (Switzerland), Nivelco (Hungary), Viatran (US), and Monitor Technologies LLC (US).

Critical Questions:

  • How do level transmitter manufacturers position themselves in this competitive market?
  • Which are the major industries that adopt level transmitters to the maximum?
  • What are the growth perspectives of this market in different regions?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 Introduction 
    1.1. Study Objectives
    1.2. Market Definition 
    1.3. Study Scope
           1.3.1. Markets Covered
           1.3.2. Geographic Scope
           1.3.3. Years Considered
    1.4. Currency
    1.5. Limitations
    1.6. Stakeholders

2 Research Methodology
    2.1. Research Data
           2.1.1. Secondary Data
                    2.1.1.1. Major Secondary Sources
                    2.1.1.2. Secondary Sources
           2.1.2. Primary Data
                    2.1.2.1. Primary Resources
                    2.1.2.2. Primary Interviews With Experts
                    2.1.2.3. Breakdown of Primaries
           2.1.3. Secondary and Primary Research
    2.2. Market Size Estimation
           2.2.1. Bottom-Up Approach
                    2.2.1.1. Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.2.2. Top-Down Approach
                    2.2.2.1. Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.3. Market Breakdown and Data Triangulation
    2.4. Research Assumptions

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. Market for Water & Wastewater Industry, By Region
    4.4. Radar Level Transmitter Market, By Type
    4.5. Market in Europe, By Industry and Country

5 Market Overview 
    5.1. Introduction
    5.2. Market Dynamics
           5.2.1. Drivers
           5.2.2. Restraints
           5.2.3. Opportunities
           5.2.4. Challenges
    5.3. Industry Value Chain Analysis

6 Level Transmitter Market, By Monitoring Method
    6.1. Introduction
    6.2. Point Level Measurement
    6.3. Continuous Level Measurement

7 Level Transmitter Market, By Technology
    7.1. Introduction
           7.1.1. Capacitive
           7.1.2. Ultrasonic
           7.1.3. Radar
                    7.1.3.1. Contact (Guided Wave Radar)
                    7.1.3.2. Noncontact
           7.1.4. Differential Pressure/Hydrostatic
           7.1.5. Magnetostrictive
           7.1.6. Radiometric
           7.1.7. Others
                    7.1.7.1. Optical
                    7.1.7.2. Laser
                    7.1.7.3. Nuclear/Nucleonic
                    7.1.7.4. Air Bubbler
                    7.1.7.5. Load Cell
                    7.1.7.6. Conductive
                    7.1.7.7. Pneumatic
                    7.1.7.8. Vibratory Probe

8 Level Transmitter Market, By Type
    8.1. Introduction
    8.2. Contact Level Transmitter
    8.3. Non-Contact Level Transmitter

9 Level Transmitter Market, By Positioning
    9.1. Introduction
    9.2. Float
    9.3. Submersible

10 Level Transmitter Market, By Industry
     10.1. Introduction
     10.2. Oil & Gas
     10.3. Chemicals
     10.4. Water & Wastewater
     10.5. Food & Beverages
     10.6. Pharmaceuticals
     10.7. Power
     10.8. Metals & Mining
     10.9. Others

11 Eye-Tracking Market, By Region 
     11.1. Introduction
     11.2. North America
               11.2.1. US
               11.2.2. Rest of North America
     11.3. Europe
               11.3.1. Germany
               11.3.2. UK
               11.3.3. France
               11.3.4. Rest of Europe
     11.4. APAC
               11.4.1. China
               11.4.2. India
               11.4.3. Japan
               11.4.4. Rest of APAC
     11.5. Rest of the World (RoW)
               11.5.1. Middle East and Africa
               11.5.2. South America

12 Competitive Landscape
     12.1. Introduction
     12.2. Market Player Ranking Analysis, 2017
     12.3. Competitive Scenario
               12.3.1. Product Launches & Developments
               12.3.2. Recent Development
               12.3.3. Market Expansion, Diversification, & Others
     12.4. Competitive Leadership Mapping
               12.4.1. Visionary Leaders
               12.4.2. Dynamic Differentiators
               12.4.3. Innovators
               12.4.4. Emerging Companies

13 Company Profiles
     13.1. Key Players
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
               13.1.1. Emerson Electric
               13.1.2. Endress+Hauser
               13.1.3. Siemens
               13.1.4. Vega Grieshaber
               13.1.5. Krohne Messtechnik
               13.1.6. ABB
               13.1.7. Honeywell
               13.1.8. Schneider Electric
               13.1.9. Yokogawa Electric
               13.1.10. Ametek
               13.1.11. Magnetrol International
               13.1.12. Dwyer Instruments
*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.
     13.2. Other Key Players
               13.2.1. Wika
               13.2.2. Sor Inc.
               13.2.3. Spectris (Omega Engineering)
               13.2.4. Bόrkert
               13.2.5. GF Piping Systems
               13.2.6. L&J Technologies
               13.2.7. Viatran
               13.2.8. Monitor Technologies LLC
               13.2.9. Matsushima Measure Tech

14 Appendix 
     14.1. Insights from Industry Experts
     14.2. Discussion Guide
     14.3. Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4. Available Customizations
     14.5. Related Reports
     14.6. Author Details


LIST OF TABLES (95 Tables)

TABLE 1 Level Transmitter Market, in Terms of Value and Volume, 2017 and 2024
TABLE 2 Market, By Technology, 2015–2024 (USD Million)
TABLE 3 Capacitive Market, By Industry 2015–2024 (USD Million)
TABLE 4 Ultrasonic Market, By Industry 2015–2024 (USD Million)
TABLE 5 Radar Market, By Industry 2015–2024 (USD Million)
TABLE 6 Guided Wave Radar Market, By Industry 2015–2024 (USD Million)
TABLE 7 Non-Contact Radar Market, By Industry 2015–2024 (USD Million)
TABLE 8 Differential Pressure/Hydrostatic Market, By Industry 2015–2024 (USD Million)
TABLE 9 Magnetostrictive Market, By Industry 2015–2024 (USD Million)
TABLE 10 Radiometric Level Transmitter, By Industry 2015–2024 (USD Million)
TABLE 11 Other Technologies Level Transmitter, By Industry 2015–2024 (USD Million)
TABLE 12 Market, By Type, 2015–2024 (USD Million)
TABLE 13 Market for Contact Type, By Technology, 2015–2024 (USD Million)
TABLE 14 Market for Contact Type, By Industry, 2015–2024 (USD Million)
TABLE 15 Market for Contact Type, By Region, 2015–2024 (USD Million)
TABLE 16 Market for Non-Contact Type, By Technology, 2015–2024 (USD Million)
TABLE 17 Market for Non-Contact Type, By Industry, 2015–2024 (USD Million)
TABLE 18 Market for Non-Contact Type, By Region, 2015–2024 (USD Million)
TABLE 19 Level Transmitter Market in Oil and Gas Industry, By Type, 2015–2024 (USD Million)
TABLE 20 Market in Chemicals Industry, By Type, 2015–2024 (USD Million)
TABLE 21 Market in Power Industry, By Type, 2015–2024 (USD Million)
TABLE 22 Market in Metals and Mining Industry, By Type, 2015–2024 (USD Million)
TABLE 23 Market in Food and Beverages Industry, By Type, 2015–2024 (USD Million)
TABLE 24 Market in Water and Wastewater Industry, By Type, 2015–2024 (USD Million)
TABLE 25 Market in Pharmaceuticals Industry, By Type, 2015–2024 (USD Million)
TABLE 26 Market in Other Industries, By Type, 2015–2024 (USD Million)
TABLE 27 Market, By Industry 2015–2024 (USD Million)
TABLE 28 Market in Oil and Gas Industry, By Technology, 2015–2024 (USD Million)
TABLE 29 Radar Market for Oil & Gas Industry, By Type, 2015–2024 (USD Million)
TABLE 30 Market in Oil and Gas Industry, By Region, 2015–2024 (USD Million)
TABLE 31 Market in Chemicals Industry, By Technology, 2015–2024 (USD Million)
TABLE 32 Radar Market for Chemicals Industry, By Type, 2015–2024 (USD Million)
TABLE 33 Market in Chemicals Industry, By Region, 2015–2024 (USD Million)
TABLE 34 Market in Water and Wastewater Industry, By Technology, 2015–2024 (USD Million)
TABLE 35 Radar Market for Water & Wastewater Industry, By Type, 2015–2024 (USD Million)
TABLE 36 Market in Water and Wastewater Industry, By Region, 2015–2024 (USD Million)
TABLE 37 Market in Food and Beverages Industry, By Technology, 2015–2024 (USD Million)
TABLE 38 Radar Market for Food & Beverages Industry, By Type, 2015–2024 (USD Million)
TABLE 39 Market in Food and Beverages Industry, By Region, 2015–2024 (USD Million)
TABLE 40 Market in Pharmaceuticals Industry, By Technology, 2015–2024 (USD Million)
TABLE 41 Radar Market for Pharmaceuticals Industry, By Type, 2015–2024 (USD Million)
TABLE 42 Market in Pharmaceuticals Industry, By Region, 2015–2024 (USD Million)
TABLE 43 Applications of Level Transmitters in Power Industry
TABLE 44 Market in Power Industry, By Technology, 2015–2024 (USD Million)
TABLE 45 Radar Market for Power Industry, By Type, 2015–2024 (USD Million)
TABLE 46 Market in Power Industry, By Region, 2015–2024 (USD Million)
TABLE 47 Applications of Level Transmitters in Metals & Mining Industry
TABLE 48 Market in Metals and Mining Industry, By Technology, 2015–2024 (USD Million)
TABLE 49 Radar Market for Metals & Mining Industry, By Type, 2015–2024 (USD Million)
TABLE 50 Market in Metals and Mining Industry, By Region, 2015–2024 (USD Million)
TABLE 51 Market in Other Industries, By Technology, 2015–2024 (USD Million)
TABLE 52 Radar Market for Other Industries, By Type, 2015–2024 (USD Million)
TABLE 53 Market in Other Industries, By Region, 2015–2024 (USD Million)
TABLE 54 Market for Capacitive Level Transmitter, By Region, 2015–2024 (USD Million)
TABLE 55 Market for Ultrasonic Level Transmitter, By Region, 2015–2024 (USD Million)
TABLE 56 Market for Radar Level Transmitter, By Region, 2015–2024 (USD Million)
TABLE 57 Market for Differential Pressure/Hydrostatic Level Transmitter, By Region, 2015–2024 (USD Million)
TABLE 58 Market for Magnetostrictive Level Transmitter, By Region, 2015–2024 (USD Million)
TABLE 59 Market for Radiometric Level Transmitter, By Region, 2015–2024 (USD Million)
TABLE 60 Market for Other Level Transmitters, By Region, 2015–2024 (USD Million)
TABLE 61 Market, By Positioning, 2015–2024 (USD Million)
TABLE 62 Market in North America, By Positioning, 2015–2024 (USD Million)
TABLE 63 Market in Europe, By Positioning, 2015–2024 (USD Million)
TABLE 64 Market in APAC, By Positioning, 2015–2024 (USD Million)
TABLE 65 Market in RoW, By Positioning, 2015–2024 (USD Million)
TABLE 66 Market for Float Level Transmitter, By Region, 2015-2024, (USD Million)
TABLE 67 Market for Submersible Level Transmitter, By Region, 2015-2024, (USD Million)
TABLE 68 Market for Capacitive Level Transmitter, By Industry, 2015–2024 (USD Million)
TABLE 69 Market for Ultrasonic Level Transmitter, By Industry, 2015–2024 (USD Million)
TABLE 70 Market for Radar Level Transmitter, By Industry, 2015–2024 (USD Million)
TABLE 71 Market for Differential Pressure/Hydrostatic Level Transmitter, By Industry, 2015–2024 (USD Million)
TABLE 72 Market for Magnetostrictive Level Transmitter, By Industry, 2015–2024 (USD Million)
TABLE 73 Market for Radiometric Level Transmitter, By Industry, 2015–2024 (USD Million)
TABLE 74 Market for Other Level Transmitters, By Industry, 2015–2024 (USD Million)
TABLE 75 Market, By Region 2015–2024 (USD Million)
TABLE 76 Market in North America, By Industry 2015–2024 (USD Million)
TABLE 77 Market in North America, By Type, 2015–2024 (USD Million)
TABLE 78 Market in North America, By Monitoring Method, 2015–2024 (USD Million)
TABLE 79 Market in North America, By Technology, 2015–2024 (USD Million)
TABLE 80 North America Market, By Country, 2015–2024 (USD Million)
TABLE 81 Market in Europe, By Industry 2015–2024 (USD Million)
TABLE 82 Market in Europe, By Type, 2015–2024 (USD Million)
TABLE 83 Market in Europe, By Monitoring Method, 2015–2024 (USD Million)
TABLE 84 Market in Europe, By Technology, 2015–2024 (USD Million)
TABLE 85 Europe Market, By Country, 2015–2024 (USD Million)
TABLE 86 Market in APAC, By Industry 2015–2024 (USD Million)
TABLE 87 Market in APAC, By Type, 2015–2024 (USD Million)
TABLE 88 Market in APAC, By Monitoring Method, 2015–2024 (USD Million)
TABLE 89 Market in APAC, By Technology, 2015–2024 (USD Million)
TABLE 90 APAC Market, By Country, 2015–2024 (USD Million)
TABLE 91 Market in RoW, By Industry 2015–2024 (USD Million)
TABLE 92 Market in RoW, By Type, 2015–2024 (USD Million)
TABLE 93 Market in RoW, By Monitoring Method, 2015–2024 (USD Million)
TABLE 94 Market in RoW, By Technology, 2015–2024 (USD Million)
TABLE 95 RoW Market, By Region, 2015–2024 (US


List of Figures (31 Figures)

Figure 1 Level Transmitter Market Segmentation
Figure 2 Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Market, By Technology, 2017 vs 2024 (USD Million)
Figure 8 Market, By Industry, 2017 (Top 5 Markets)
Figure 9 Contact Level Transmitters Accounted for Larger Market Share in 2017
Figure 10 Market in APAC Expected to Grow at Highest CAGR During Forecast Period
Figure 11 Growth Opportunities in Market From 2018 to 2024
Figure 12 Market for Guided Wave Radar Level Transmitters Expected to Grow at Highest Rate During Forecast Period
Figure 13 North America to Hold Largest Share of Market for Water & Wastewater Industry in 2018
Figure 14 Noncontact Radar Level Transmitters Estimated to Hold Larger Market Share in 2018
Figure 15 Chemicals Industry and Germany to Account for Largest Share of European Market in 2018
Figure 16 DROC: Level Transmitter Market
Figure 17 Radar Technology is Estimated to Grow at the Highest CAGR During the Forecast Period
Figure 18 Non-Contact Type Level Transmitter Expected to Grow at the Highest CAGR During the Forecast Period
Figure 19 Oil & Gas Industry is Estimated to Hold the Largest Share of Market Between 2018 and 2024
Figure 20 Applications of Level Transmitters in Pharmaceuticals Industry
Figure 21 North America Market Snapshot
Figure 22 APAC Market Snapshot
Figure 23 Market: Ranking of Top 3 Players (2017)
Figure 24 Emerson Electric: Company Snapshot
Figure 25 Endress+Hauser: Company Snapshot
Figure 26 Siemens: Company Snapshot
Figure 27 ABB: Company Snapshot
Figure 28 Honeywell: Company Snapshot
Figure 29 Schneider Electric: Company Snapshot
Figure 30 Yokogawa Electric: Company Snapshot
Figure 31 Ametek: Company Snapshot


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