Level Transmitter Market 2018 Share, Trend, Segmentation and Forecast To 2023

A level transmitter is used to measure the level of liquid or solid at any point of time. Level transmitters provide continuous information, unlike level switches that are used to raise alarm when the liquid reaches a pre-defined level. The need for continuous level monitoring and wireless detection systems for level measuring in industries is primarily driving the level transmitter market. Features such as ease of installation and remote deployment are propelling the market for global level transmitters.

On the basis of technology, Level Transmitters Market are classified into contact type and non-contact type. Radar level transmitters are mostly deployed in non-contact type. Radar transmitters measure the level of liquid by calculating the time of flight of the travelling wave, which is similar to the working principle of ultrasonic level sensors. However, radar transmitter differs from ultrasonic sensors in the waves they transmit. Radar transmitters propagate radio waves for measuring the level, while ultrasonic sensor use sound waves. In general, there are two types of radar transmitters, guided wave radar transmitters and non-contact radar transmitters. Guided wave radar transmitters use probes to guide radar waves to the surface of liquid or solid that needs to be measured. Received radar signals are collected by the antenna of the transmitter, therefore, measuring the exact level of fluid in the tank. In the case of non-contact type transmitters, the level of desired liquid or solid is obtained by the delay in receiving the signal, which is calculated within the microprocessor embedded in transmitter.

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Key Players:

• ABB Ltd. (Switzerland),
• Emerson Electric Co. (U.S.),
• Siemens AG (Germany),
• Yokogawa Electric Corporation (Japan),
• Honeywell International Inc. (U.S.),
• General Electric (U.S.),
• Schneider Electric (France),
• Rockwell Automation (U.S.),
• Endress+Hauser Consult AG (Switzerland),
• Fuji Electric Co., Ltd.(Japan),
• Vega Grieshaber Kg (Germany),
• Wika Instrument, LP (U.S.),
• Magnetrol International (U.S.).

Segmentation

The market for global level transmitter is classified into type, technology, industry, and region. On the basis of type, the segment is further classified into capacitance, ultrasonic, differential pressure, radar, displacer, and magnetostrictive. On the basis of technology, the segment is further classified into contact type, also known as point level, and non-contact type, which is referred to as continuous level. Level transmitters are used in various industries, such as oil & gas, chemical, metal & mining, power, pulp and paper, healthcare, and others.

Global Level Transmitter Market is estimated to reach USD 4 billion at CAGR 7% through the forecast period

Regional Analysis:

Regionally, North America holds majority of the market share for the global level transmitter market. The presence of major market players, large customer base, industrial automation, and industry 4.0 in the region are primarily driving the growth of the market in the region. Asia pacific has exhibited a significant growth rate during the forecast period. Many of the oil and chemical plants are employing level transmitters in their refining processes, which are driving the market growth in the region, and is expected to continue in the coming years. The industrial revolution, research, and development activities by key players in the region to generate cost effective product portfolio are boosting the market growth.

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Intended Audience

• Electronic Design Automation & Design Tool (EDA) Vendors
• Professional Services/Solutions Providers
• Research Organizations
• Associations, Forums, and Alliances
• Technology Integrators
• OEM Manufacturers

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