DUBLIN--(BUSINESS WIRE)--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.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive
Summary
4 Premium Insights
5 Market Overview
6
Level Transmitter Market, By Monitoring Method
7 Level
Transmitter Market, By Technology
8 Level Transmitter Market,
By Type
9 Level Transmitter Market, By Industry
10
Geographical Analysis
11 Competitive Landscape
12
Company Profiles
- ABB
- Ametek
- Brkert
- Dwyer Instruments
- Emerson Electric
- Endress+Hauser
- GF Piping Systems
- Honeywell
- Krohne Messtechnik
- L&J Technologies
- Magnetrol International
- Matsushima Measure Tech
- Monitor Technologies LLC
- Nivelco
- Schneider Electric
- Siemens
- Sor Inc.
- Spectris (Omega Engineering)
- VEGA Grieshaber
- Viatran
- WIKA
- Yokogawa Electric
For more information about this report visit https://www.researchandmarkets.com/research/w5456x/3_7_billion?w=4
