The level transmitter provides continuous and non-physical contact level to measure the level of the liquid within a container. It can measure solution level in both clean as well as harsh situations in a range of end-use industries such as chemical, material handling, water treatment, and food & beverages, among others. Additionally, with the growing demand for accurate and precise measurement in end-use industries along with increasing demand for wireless connectivity in the level transmission provides visibility in the level transmission are some factors propelling the market growth. The wireless level transmitter gives fast output, easy installation, and provides visibility in a broad range of offshore applications. Lack of product awareness and skilled labor are some of the restraining factors of the global level transmitter market.

Segmental Outlook

The level transmitter market is segmented on the basis of monitoring method, technology, type, and industry. Based on the monitoring method, the market is segmented as point level measurement and continuous level measurement. On the basis of technology, the market is segmented as radar, capacitive, pressure, ultrasonic, magnetostrictive, and others. Based on the type, the market is bifurcated into contact level transmitter and non-contact level transmitter. Moreover, based on the industry, the market is segmented as chemical, oil & gas, food & beverages, pharmaceuticals, power, and others.

Radar level transmitter segment to show significant growth during the forecast period

Radar level transmitter is anticipated to show significant growth in the level transmitter market during the forecast period. Radar level transmitter measures the level of liquid by measuring the time of flight of the traveling wave, which is similar to the working principle of ultrasonic level sensors. These transmitters propagate radio waves for measuring the level of liquid or solid. Guided wave radar transmitters are primarily used for determining the level of various liquids, such as oil, paint, animal fat, soybean oil, and many others. Moreover, with the increasing acceptance of radar level transmitter in various end-user industries is a significant factor that is expected to propel the market during the forecast period.

Oil & Gas industry to register considerable growth during the forecast period

The level transmitters are used for various processes in the oil & gas industry, which includes level monitoring and controlling in effluent tanks, hydraulic oil tanks, and oil separators. The level transmitter provides cost-effective and high performance for liquid level measurement in the industry. Moreover, the wave height measurement for a drilling and production platform, level measurement in oil separator, level detection in the ballast tank, and level measurement in the reservoir tanks for hydraulic oil is some other application of level transmitters in oil & gas industry.

Global Level Transmitter Market by Industry, 2018 (%)

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Source: OMR Global

Regional Outlook

Based on the geography, the global level transmitter market is sectioned into North America, Europe, Asia-Pacific, and Rest of the World. North America holds a significant share in the global level transmitter market. This is attributed to the presence of large manufacturers of the level transmitters, such as Emerson Electric Co., Honeywell International Inc., many others. Moreover, Asia-Pacific projects to contribute considerable growth in the global market during the forecast period. This is due to rapid expansions and developments regarding wastewater treatment, pharmaceutical, oil & gas and others in the region.

Global Level Transmitters Market by Region, 2018 (%)

Images Pending

Source: OMR Global

Market Players Outlook

The prominent players functioning in the global level transmitter market are ABB Group, Ametek Inc., Dwyer Instruments Inc., Emerson Electric Co., Endress+Hauser Group, Honeywell International Inc., Schneider Electric SE, and Siemens AG, among others. The companies are increasingly investing in product development and innovation to gain a competitive share in the global market. For instance, in 2017, Emerson Electric Co. launched Rosemount 5400 level transmitters for measuring the fluid levels by using a top-down approach and without changing its physical properties, such as density and viscosity. The algorithm encoded in the microprocessor aids in the measurement of the solid substances of uneven shapes. The wide adoption of level transmitters, especially in the oil & gas industries, is mainly driving the global level transmitters market.

The Report Covers

• Market value data analysis of 2018 and forecast to 2025.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global level transmitter market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.