Level Transmitter Market Size, Share and Global Trend By Technology (Capacitive, Inductive, Ultrasonic, Microwave, Magnetic, Hydrostatic, Laser, Other), By Positioning (Float, Submersible), By End-Use Industry (Oil and Gas, Chemical, Food and Beverage, Water and Wastewater, Metal and Mining, Others) and Regional Forecast, 2024-2032
KEY MARKET INSIGHTS
Accurate measurement of the level of stored liquids and solids is an essential requirement for maintaining the quality of industrial processes. Most of the industrial control loops control and monitor the fills rates of incoming liquids or solids in a container to achieve the control objective. As a result, accurate and continuous measurement of level is crucial. One of the main elements of process control is to know the quantity of the substance that is present in a given container.
One needs to make sure that amount of a given substance does not overfill. Thus, level measurement transmitters play an essential role in monitoring the fill levels of containers, vessels, or tanks. Continuous level measurements are used for inventory management, process efficiency, and safety applications.
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Continuous level measurement infrastructure is used to automate the given process. Level transmitters can be used with liquids, slurries, granules, and interfaces. Level transmitters are used to determine maintenance cycle of a system.
On the basis of the type of technology, level transmitter can be segmented into capacitive, inductive, ultrasonic, microwave, magnetic, hydrostatic, laser, etc. Based on positioning, level transmitter can be float type or submersible type. Level transmitter is used to monitor levels of liquids, slurries, granules, solid-liquid interface, and liquid-liquid interface.
By end-use industry, level transmitter market is segmented in oil and gas, chemical, food and beverage, water and wastewater, metal and mining, etc. The liquid transmitter is used in various industry verticles primarily to automate multiple processes.
The major market driver for global level transmitter market is the demand shift towards industrial automation. Several large conglomerates have taken initiatives to implement Industrial Internet of Things (IIoT) and make their factories smart and intelligent.
The key market restraint for level transmitter market is the high cost of sensor. Small scale and medium level scale industries suffer from lack of awareness regarding level transmitter. They still use manual or visual means for level measurement.
Key Players Covered
Some of the notable companies in the global level transmitter market are Dwyer Instruments, Inc., BM Engineering Supplies Ltd, Semrad, KROHNE Group, Emerson, ABB, Honeywell Process Solutions, Siemens, VEGA Level and Pressure, WIKA Group, Fuji Electric Co. Ltd., Burkert Fluid Control Systems, Flowline, Inc., Hitachi High-Technologies Corporation and MTS Systems Corporation,
SEGMENTATION
SEGMENTATION | DETAILS |
By Technology | · Capacitive · Inductive · Ultrasonic · Microwave · Magnetic · Hydrostatic · Laser · Other |
By Positioning | · Float · Submersible |
By End-Use Industry | · Oil and Gas · Chemical · Food and Beverage · Water and Wastewater · Metal and Mining · Others |
By Geography | · North America (USA and Canada) · Europe (UK, Germany, France, Italy, Spain and Rest of Europe) · Asia Pacific (China, India, Japan, Australia, Southeast Asia and Rest of Asia Pacific) · Latin America (Brazil, Mexico and Rest of Latin America) · Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa) |
Regional Analysis
The global level transmitter market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe are expected to provide steady growth for level transmitter market on account of increasing shift towards industrial automation. OPEC countries and USA will boost the level transmitter market on account of the increasing use of level transmitters in oil and gas industry. Latin America will also provide steady rise of level transmitter market due to growth of biofuel production. Asia Pacific region will provide the maximum growth of level transmitter market due rapid industrialization.
Key Industry Developments
- In Jul 2019, Royal Vopak N.V., a Dutch-based tank storage company, has conducted a pilot test of smart internet of things (IoT) valve sensors in the Port of Rotterdam. The sensors were made by TWTG, an R&D agency specializing in IoT solutions.
- Ongoing
- 2023
- 2019-2022
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