Level Measuring Equipment Market - Introduction

  • Level measuring equipment are used to accurately measure the volume of liquid or gas in a container. Level measuring equipment are used in numerous industries such as oil & gas, automotive, and construction.
  • Additionally, level measuring equipment are used in the construction industry during the construction of floors and walls, to obtain the correct measurement of the height and slope of the wall.
  • Level measuring equipment are essentially of two types: digital and analog. Digital level measuring equipment have more demand due to its unique feature, i.e. it can provide a more accurate result which is also easily readable compared to analog level measuring equipment.
  • Level measuring equipment is used in various applications, such as to measure the pressure level, to monitor the level of fluid, and to measure the electromechanical level.
level measuring equipment market

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Level Measuring Equipment Market - Market Dynamics

Key Drivers of the Level Measuring Equipment Market

  • Rising adoption of level measuring equipment, which is used to monitor the level of liquid and pressure levels in various industries such as oil & gas, manufacturing, and power plants, is expected to boost the growth of the market over the forecast period 2019- 2027.
  • Increasing demand for level measuring equipment in industries, so as to increase their overall safety and productivity is expected to accelerate the growth of the market.
  • The rising population is positively impacting the construction industry. This is one of the major factors expected to boost the growth of the level measuring equipment market in the near future.
  • Increasing growth of the oil & gas industry due to rising demand for energy is anticipated to spur growth of the level measuring equipment market over the forecast period. Additionally, level measuring equipment plays an important role in the oil & gas industry due to the high degree of precision needed to properly monitor the systems. This in turn is expected to be the major driver of the level measuring equipment market.  

Restraint of the Level Measuring Equipment Market

  • Trained and skilled technicians are required for the testing and maintenance of level measuring equipment as they are highly delicate devices. This is one of the negative factors that can hamper the level measuring equipment market.

Asia Pacific to Hold Significant Share of the Level Measuring Equipment Market

  • In terms of region, the global level measuring equipment market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • Asia Pacific is expected to hold significant share of the level measuring equipment market due to the rising construction activities and industrial growth. This in turn is expected to enhance the demand for level measuring equipment in the Asia Pacific region.
  • Demand for level measuring equipment in North America is expected to increase significantly due to the extensive adoption rate of advanced level measuring equipment.
  • Growing demand for automobiles is expected to accelerate the growth of the level measuring equipment market in Europe.
  • The level measuring equipment market is expecting to witness significant growth in Middle East & Africa due to the booming oil & gas industry.
level measuring equipment market 1

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Level Measuring Equipment Market - Competitive Landscape

Few local, regional, and international players are found in the level measuring equipment market. Manufacturers of level measuring equipment adopt two vital strategies - new product development with advanced technology, and acquisition- to cater to the needs of numerous end-users. Furthermore, the global level measuring equipment market is highly consolidated, with top manufacturers accounting for approximately 25%–30% of the market share. Key players operating in the global level measuring equipment market include:

  • ABB
  • Baumer
  • Emerson Electric Co.
  • Endress+Hauser Management AG
  • Flowline
  • Klay Instruments B.V.
  • Nivus GmbH
  • OMEGA Engineering Inc.
  • Sapcon Instruments (P) Ltd.
  • Siemens AG
  • VEGA India Level and pressure measurement Pvt. Ltd.
level measuring equipment market 2

Global Level Measuring Equipment Market, Research scope

The global level measuring equipment market can be segmented based on:

  • Product Type
  • Measuring Technique
  • Types
  • Industry
  • Region

Global Level Measuring Equipment Market, by Product Type

Based on product type, the global level measuring equipment market can be segmented into:

  • Level Gauge
  • Float type
  • Hydrostatic Pressure Measurement
  • Displacement Type
  • Echo Type
  • Ultrasonic Type
  • Others

Global Level Measuring Equipment Market, by Measuring Technique

In terms of measuring technique, the global level measuring equipment market can be segmented into:

  • Continuous Level
  • Point Level
  • Infill Prevention
  • Solids measurement

 Global Level Measuring Equipment Market, by Types

Based on types, the global level measuring equipment market can be categorized into:

  • Digital
  • Analog

Global Level Measuring Equipment Market, by Industry

Based on industry, the global level measuring equipment market can be segregated into:

  • Oil and Gas
  • Construction
  • Manufacturing and Fabrication
  • Automotive
  • Water and Wastewater Treatment Plants
  • Others

Global Level Measuring Equipment Market, by Region  

Regional analysis of the level measuring equipment market includes:

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Sweden
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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