Global and China Radar Level Gauge Market Insights, Forecast to 2027

SKU ID : QYR-18947145 | Publishing Date : 19-Aug-2021 | No. of pages : 148

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 gauges are ideally used for harsh environment where dust, vapor, or a foaming surface prevents the usage of ultrasonic measurement. The Radar level gauges are used for liquids, solids, or interface application. Based on the type of radar, further classification can be done as Non-contact Radar level gauge, guided wave, 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 gauges provide accurate and reliable results for any liquids and solids under high pressures and temperatures.
The market in APAC is expected to be the fastest-growing one globally. The region has witnessed a significant growth in manufacturing activities due to low manufacturing costs and supportive local governments. Furthermore, the growing demand for petrochemicals and increasing population in countries such as China and India are fueling chemicals and pharmaceuticals industries in APAC. India and China are considered huge markets for Radar level gauges owing to growing industrial manufacturing activities in these countries. Investments in municipal water sector is expected to be high in APAC countries. This factor offers opportunities for Radar level gauges to penetrate the water & wastewater industry further.

Market Analysis and Insights: Global and China Radar Level Gauge Market
This report focuses on global and China Radar Level Gauge market.
In 2020, the global Radar Level Gauge market size was US$ 628.6 million and it is expected to reach US$ 847 million by the end of 2027, with a CAGR of 3.9% during 2021-2027. In China the Radar Level Gauge market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Radar Level Gauge Scope and Market Size
Radar Level Gauge market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Radar Level Gauge market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Radar Level Gauge market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Non-contact Radar Level Gauge
Guided Wave Radar Level Gauge

Segment by Application
Oil and Gas
Pharmaceutical and Biotech
Power Generation
Chemical
Food and Beverage
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
ABB
Emerson Electric
Siemens AG
Schneider Electric
Magnetrol International
VEGA Grieshaber KG
Yokogawa Electric
OMEGA Engineering
Honeywell
KROHNE
Matsushima Measure Tech
Dandong Top Electronics
Endress+Hauser

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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  • By End User/Applications
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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