세계의 레벨 트랜스미터 시장 : 예측(2024-2029년)

The level transmitter market is expected to grow at a CAGR of 4.91% over the forecast period to reach US$4,010.016 million by 2029, increasing from estimated value of US$3,156.032 million in 2024.

A level transmitter is an instrument that provides continuous level measurement and is used to determine the level of a given liquid or bulk solid at any given time. Factors such as increasing demand for wireless connectivity in level instrumentation and stringent regulations regarding water and wastewater treatment processes are driving the global level transmitter market's growth. Furthermore, manufacturing plants are increasingly focusing on utilizing tools that can help them cut power usage and improve operation effectiveness. To improve efficiency, modern factories prefer to use tools that can help them save power in their daily operations and, hence, reduce costs compared to the traditional ones. The utilization of this equipment minimizes energy consumption without compromising production output levels or quality control, which is achieved after manufacturing processes have been completed.

Level Transmitter Market Drivers:

• The ability to provide continuous monitoring of fluids is driving the demand for level transmitters.

Level transmitters are widely used in businesses that require continuous monitoring to ensure effective performance and control over operations. For instance, the photovoltaic industry requires continuous monitoring of fluids used in the manufacture of photovoltaics, and ultrasonic sensors are considered ideal for monitoring such applications. Moreover, the production of electronics is also increasing globally, which is further supplementing the market growth as these transmitters are suitable for level sensing of the fluids required in the production of different electronic equipment and devices. Thus, the continuous increase in the use of corrosive fluids in the electronic, photovoltaic, and other industries require continuous monitoring is projected to drive the level transmitter market during the forecast period. Furthermore, the level transmitter is also used to measure the level of the boiler water tank and highly corrosive liquid. It is used to ensure that the correct amount of water is added to the boiler and to ensure the safety of the operation. The boiler is considered important equipment in the food industry, textile industry, energy and power industry, and chemical industry, among others.

• Growing trend of Industry 4.0

The market of level transmitters is being affected by Industry 4.0 and smart manufacturing globally. The transmitters are now embedded in interconnected systems, which allow for data-controlled processes that lead to automation and increased productivity and efficiency levels. To service demands from different segments of the economy, custom solutions suited for various applications are increasingly being made by level transmitter fabricators who have also started offering flexibility through standard products for easy configuration and modified based on the customer's specifications.

Level Transmitter Market Restraint:

• Complexity and skill requirements

Installation, operation, and maintenance of certain advanced-level transmitters, such as those incorporating IoT and cloud-based features, might require specialized knowledge and training. These systems can be quite complex, making them difficult for lay end users who lack the requisite technological expertise.

Level Transmitter Market Geographical Outlook

• North America is projected to grow rapidly during the forecast period

The North American region accounted for a significant share of the global level transmitter market. The market in this region will witness significant growth during the forecast period owing to advancements in level sensing technology, coupled with mushrooming demand from end-use industry verticals such as petrochemicals, oil & gas, and wastewater treatment, among others. The government of the United States is significantly boosting investment to improve its status as an oil exporter at the global level. Specifically, the government is investing in improving the infrastructure that will allow oil transportation to the global market. There is also a huge demand for level transmitters because of the increasing level of automation in industrial plants. Furthermore, as far as level transmitters are concerned, the market is characterized by considerable technological advancements and automation in the electrical sector.

Level Transmitter Market Developments:

• In March 2023, ProMinent launched Dulcolevel, a new IIoT-compatible radar level sensor that provides real-time information on tank liquid levels. It is possible to smoothly incorporate Dulcolevel into current metering systems. The new sensor is installed on or above the chemical tank, and a free app on a smartphone allows for a simple and convenient configuration of the sensor. Once a PIN is entered, the app and sensor automatically identify one another and pair via Bluetooth. Retrofitting in existing applications is simple and affordable since no additional wiring is needed.
• In July 2022, LIMACO began manufacturing new explosion-proof contactless radar level transmitters called ULMRADAR-4x. This new line of radar-level transmitters is intended for contactless level monitoring of various liquid and free-flowing products. It includes models with different measurement accuracy and expanded functionality. The ULMRADAR-4x family of level transmitters is resistant to dust and fumes, has a sealed, protected antenna, and can function in the most challenging conditions. ULMRADAR-4x level transmitters can be used in commercial accounting systems and production process control because they offer the maximum absolute level measurement error of +-1 mm, +-2 mm, or +-3 mm, depending on the model.
• In July 2022, Hawk Measurement Systems (HAWK), a global leader in level, positioning, asset monitoring, and fibre optic sensing systems, designed and developed the first guided wave radar level transmitter in the industry with Power over Ethernet (CGR PoE) capabilities.

HAWK's CGR PoE Level Transmitter has received numerous honours for originality and creativity. This industry-leading product, which won the 2021 Chemical Processing Vaaler Award and the Plant Engineering Product of the Year Award, is revolutionizing how businesses track, measure, and monitor their assets.

Key Market Segmentation:

Level transmitter Market is segmented and analyzed as below:

By Technology

• Ultrasonic
• Radar
• Capacitive
• Differential Pressure
• Others

By Type

• Contact
• Non-Contact

By Industry Vertical

• Oil & Gas
• Chemical
• Food & Beverage
• Energy & power
• Others

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• UK
• Germany
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• Others
• Asia Pacific
• Japan
• China
• India
• South Korea
• Taiwan
• Others

TABLE OF CONTENTS

1. INTRODUCTION

• 1.1. Market Overview
• 1.2. Market Definition
• 1.3. Scope of the Study
• 1.4. Market Segmentation
• 1.5. Currency
• 1.6. Assumptions
• 1.7. Base and Forecast Years Timeline
• 1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY

• 2.1. Research Design
• 2.2. Research Processes

3. EXECUTIVE SUMMARY

• 3.1. Key Findings

4. MARKET DYNAMICS

• 4.1. Market Drivers
• 4.2. Market Restraints
• 4.3. Porter's Five Forces Analysis
  • 4.3.1. Bargaining Power of Suppliers
  • 4.3.2. Bargaining Power of Buyers
  • 4.3.3. Threat of New Entrants
  • 4.3.4. Threat of Substitutes
  • 4.3.5. Competitive Rivalry in the Industry
• 4.4. Industry Value Chain Analysis
• 4.5. Analyst View

5. LEVEL TRANSMITTER MARKET BY TECHNOLOGY

• 5.1. Introduction
• 5.2. Ultrasonic
• 5.3. Radar
• 5.4. Capacitive
• 5.5. Differential Pressure
• 5.6. Others

6. LEVEL TRANSMITTER MARKET BY TYPE

• 6.1. Introduction
• 6.2. Contact
• 6.3. Non-Contact

7. LEVEL TRANSMITTER MARKET BY INDUSTRY VERTICAL

• 7.1. Introduction
• 7.2. Oil & Gas
• 7.3. Chemical
• 7.4. Food & Beverage
• 7.5. Energy & power
• 7.6. Others

8. LEVEL TRANSMITTER MARKET BY GEOGRAPHY

• 8.1. Introduction
• 8.2. North America
  • 8.2.1. By Technology
  • 8.2.2. By Type
  • 8.2.3. By Industry Vertical
  • 8.2.4. By Country
    • 8.2.4.1. USA
    • 8.2.4.2. Canada
    • 8.2.4.3. Mexico
• 8.3. South America
  • 8.3.1. By Technology
  • 8.3.2. By Type
  • 8.3.3. By Industry Vertical
  • 8.3.4. By Country
    • 8.3.4.1. Brazil
    • 8.3.4.2. Argentina
    • 8.3.4.3. Others
• 8.4. Europe
  • 8.4.1. By Technology
  • 8.4.2. By Type
  • 8.4.3. By Industry Vertical
  • 8.4.4. By Country
    • 8.4.4.1. UK
    • 8.4.4.2. Germany
    • 8.4.4.3. France
    • 8.4.4.4. Spain
    • 8.4.4.5. Others
• 8.5. Middle East and Africa
  • 8.5.1. By Technology
  • 8.5.2. By Type
  • 8.5.3. By Industry Vertical
  • 8.5.4. By Country
    • 8.5.4.1. UAE
    • 8.5.4.2. Saudi Arabia
    • 8.5.4.3. Israel
    • 8.5.4.4. Others
• 8.6. Asia Pacific
  • 8.6.1. By Technology
  • 8.6.2. By Type
  • 8.6.3. By Industry Vertical
  • 8.6.4. By Country
    • 8.6.4.1. Japan
    • 8.6.4.2. China
    • 8.6.4.3. India
    • 8.6.4.4. South Korea
    • 8.6.4.5. Taiwan
    • 8.6.4.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 9.1. Major Players and Strategy Analysis
• 9.2. Market Share Analysis
• 9.3. Mergers, Acquisitions, Agreements, and Collaborations
• 9.4. Competitive Dashboard

10. COMPANY PROFILES

• 10.1. General Electric
• 10.2. Siemens AG
• 10.3. WIKA Instruments
• 10.4. ABB Ltd.
• 10.5. Fuji Electric
• 10.6. Yokogawa Hokushin Electric Corp
• 10.7. VEGA Grieshaber
• 10.8. The Rademacher-Dubbick family (KROHNE Group)
• 10.9. Honeywell International, Inc.
• 10.10. Arcline Investment Management (Dwyer Instruments, Inc.)
• 10.11. Hawk Measurement Systems