Global Radar Level Transmitters Market Growth 2023-2029

Global Radar Level Transmitters Market Growth 2023-2029

Level measurement technology is widely used across many sectors such as construction, industrial, manufacturing, oil and gas, among others. Radar level measurement technology is categorized on the basis of type as non-contacting transmitter and a contacting transmitter. Radar level measurement is based on calculation of time required for completion of trip between the transducer and sensed material level. Radar level transmitters are ideally used for harsh environment where dust, vapor, or a foaming surface prevents the usage of ultrasonic measurement. The radar level transmitters are used for liquids, solids, or interface application. Based on the type of radar, further classification can be done as FM-CW radar, guided wave, CW radar, and pulse radar depending on the respective applications. Radar level measurement technology relies on “echo” signal which is reflected back from the surface. Thus, radar level transmitters provide accurate and reliable results for any liquids and solids under high pressures and temperatures.

LPI (LP Information)' newest research report, the “Radar Level Transmitters Industry Forecast” looks at past sales and reviews total world Radar Level Transmitters sales in 2022, providing a comprehensive analysis by region and market sector of projected Radar Level Transmitters sales for 2023 through 2029. With Radar Level Transmitters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Radar Level Transmitters industry.

This Insight Report provides a comprehensive analysis of the global Radar Level Transmitters landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Radar Level Transmitters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Radar Level Transmitters market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Radar Level Transmitters and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Radar Level Transmitters.

The global Radar Level Transmitters market size is projected to grow from US$ 739.6 million in 2022 to US$ 949.3 million in 2029; it is expected to grow at a CAGR of 949.3 from 2023 to 2029.

Global Radar Level Transmitters key players include Emerson Electric, ABB, Siemens AG, Honeywell, VEGA Grieshaber KG, etc. Global top five manufacturers hold a share over 40%.

North America is the largest market, with a share over 30%, followed by Europe, and Asia-Pacific, both have a share about 55 percent.

In terms of product, Non-Contact is the largest segment, with a share over 55%. And in terms of application, the largest application is Chemicals, followed by Oil and Gas, Power Generation, Food and Beverage, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Radar Level Transmitters market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Non-contact Radar Level Transmitter

Guided Wave Radar Level Transmitter

Segmentation by application

Oil and Gas

Pharmaceutical and Biotech

Power Generation

Chemical

Food and Beverage

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

ABB

Emerson Electric

Siemens AG

Schneider Electric

Magnetrol International

VEGA Grieshaber KG

Yokogawa Electric

OMEGA Engineering

Honeywell

KROHNE

Matsushima Measure Tech Co., Ltd.

Dandong Top Electronics Instrument Group Co. Ltd

E+H

Key Questions Addressed in this Report

What is the 10-year outlook for the global Radar Level Transmitters market?

What factors are driving Radar Level Transmitters market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Radar Level Transmitters market opportunities vary by end market size?

How does Radar Level Transmitters break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.