Enjoy complimentary customisation on priority with our Enterprise License!
Want a bigger picture? Try a FREE sample of this report now!
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
According to Technavio’s market research report on the level gauge market, the increasing preference for magnetic level gauges in interface measuring will be one of the key factors that will have a positive impact on the growth of this market in the coming years. With the increasing usage of equipment such as regenerators, clarifiers, and separators, there is a growing requirement for these magnetic level gauges across different end-user industries. Magnetic level gauges allow the precise measurement of the level of the upper liquid as well as the level where both the liquids meet when two immiscible liquids are present in the same vessel. Consequently, the presence of measurement devices such as floats in these magnetic level gauges also makes them efficient when other gauges fail to achieve accurate measurements. This will in turn drive the growth of this market, which according to our market research analysts will register a CAGR of almost 7% by 2022.
With the increasing adoption of automation across different end-user industries, there has been considerable increase in the demand for automated gauge systems over the last few years. Automated gauge systems are extensively used in retail outlets, filling stations, boilers, and gas stations for the automatic monitoring of temperature, level, and volume of the content inside tanks. Furthermore, the addition of touch control consoles with these level gauges allows the accurate measurement of fluid levels in tanks used in the oil and gas industry as well as in sewage management. Such benefits will drive the demand for automated gauge systems, which according to this level indicator market research report, will be one of the major trends gaining traction in this market throughout the forecast period.
With the presence of a considerable number of companies, this tank level gauge market appears to be moderately fragmented and is competitive. To introduce different types of level gauges to meet the evolving requirements of different end-user industries, companies in this level sensor market are focusing on R&D. By providing a comprehensive analysis of the market’s competitive landscape and offering information on the liquid level gauge products offered by companies, this level measurement market research report will help level gauge manufacturers identify new growth opportunities and design unique growth strategies.
This research report provides an analysis of various companies in the level gauge market including –
According to our research report on the level gauges market, the magnetic level gauge market segment accounted for the largest share of this market during 2017 due to their increased application across various end-user industries. Owing to their ability to withstand high-temperature and pressure, the demand for the magnetic level gauge market segment will continue to account for the maximum share of this market during the next few years.
Our analysts have estimated that during 2017, the Americas accounted for the maximum growth of this level measuring device market. With the increasing application of level gauges in fueling stations in the advanced economies including the US, this region will continue its dominance in this level gauge market during the next few years as well.
Get more value with Technavio’s INSIGHTS subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Try the demo
Technavio also offers customization on reports based on specific client requirement.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCT
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY END-USER
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.