Global Radar Level Transmitter Market is projected to reach USD 580 million by 2024, growing at a CAGR of over 6% during the forecast period. Factors, such as ease of installation, elevating demand for radar level transmitters in water & wasteland industry, are propelling the growth of the Global Radar Level Transmitter market during the forecast period, 2014-2024. Based on the technology, Global Radar Level Transmitter Market is categorized into Contact (Guided Wave Radar) and Non-Contact (FMCW Radar and Pulsed Radar). Non-contact radar is the dominant type in the radar level transmitter market, owing to increasing use of microwave pulses to measure the accurate level. Based on frequency range, the Global Radar Level Transmitter Market is segmented into K band, W band, and C & X band. Out of these, K band non-contact radar is expected to dominate the market in the forecast period, owing to the technological advancements. Based on industry type, the market has been segmented into Oil & gas, Chemicals, Food & Beverages, and Others. Among these, Oil and Gas industry segment dominated the market in 2018 and is anticipated to lead in 2024 as well, owing to the increasing demand for radar level transmitters in the industry. Based on the region, the market is segmented in to North America, South America, Asia- Pacific, Europe and Middle East & Africa. North America is forecast to be the dominant region in the period 2018-2023, because of rapid expansion in shale-gas production and technological advancements in the oil & gas extraction processes.
Years considered for this report
Historical Year 2014 - 2017
Base Year 2018
Estimated 2019
Forecast 2020 - 2024
Objective of the Study
- To analyse and forecast the market size of Global Radar Level Transmitter Market, in terms of value and volume.
- To classify and forecast Global Radar Level Transmitter Market based on technology type, industry, frequency, application, and regional distribution.
- To identify drivers and challenges for Global Radar Level Transmitter Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Radar Level Transmitter Market.
- To conduct the pricing analysis for Global Radar Level Transmitter Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Radar Level Transmitter.
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Some of the leading players in the Global Radar Level Transmitter Market are Endress+Hauser, VEGA Grieshaber, Emerson Electric, Siemens, KROHNE Messtechnik, ABB, Honeywell, Yokogawa Electric, AMETEK, Magnetrol International, etc.
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.
Market Insights Research calculated the market size of Global
Key Target Audience
- Radar Level Transmitter Manufacturers
- Distributors and Suppliers
- Government bodies, Venture Capitalist and Private firms
- Industry associations and experts
- Research organizations and consulting companies
- Value added reseller
- Industry associations
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
