Allied Market Research

2024

Radar Level Transmitter Market

Radar Level Transmitter Market Size, Share, Competitive Landscape and Trend Analysis Report by Technology (Contact (Guided Wave Radar), Noncontact (Pulsed and FMCW)) and by Industry Vertical (Chemical and Petrochemical, Oil and Gas, Food and Beverages): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Vineet Kumar
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Radar Level Transmitter Market Outlook – 2027 

The global radar level transmitter market is experiencing significant growth and is expected to grow considerably in the next few years. Radar level transmitter technology is broadly used in various industries such as oil & gas, industrial, construction, and manufacturing. This technology is categorized on the basis of type as a contacting transmitter and a non-contacting transmitter. 

This technology is based on the calculation of time required for completion of a trip between the transducer and sensed material level. Radar level transmitters are ideally used for harsh environment where vapor, dust, or a foaming surface prevents the usage of ultrasonic transmitter. They are used for liquids, solids, and interface application.

The global radar level transmitter market is segmented on the basis of technology, frequency, application, industry vertical, and region. Based on technology, the market is bifurcated into contact (guided wave radar), and noncontact (pulsed & FMCW). In terms of frequency, the market is categorized into C & X band, K band, and W band. On the basis of application, the radar level transmitter market is bifurcated into liquids, and solids. In terms of industry vertical, the market is segregated into chemical & petrochemical, oil & gas, and food & beverages. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global radar level transmitter industry include ABB, Honeywell, Yokogawa Electric, AMETEK, Magnetrol International, Schneider Electric, WIKA Alexander Wiegand Beteiligungs, Bürkert Fluid Control Systems, Pepperl+Fuchs, Automation Product Group (APG), Nivelco Process Control, Finetek Group (Taiwan), Matsushima Measure Tech, Spectris (Omega Engineering), and Flowline. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global radar level transmitter market. 

Top Impacting Factors 

Advantages of high stability, reliability, and accuracy provided by radar level transmitters; growing importance on maximum utilization and effectiveness of assets; and rising demand for radar level transmitters in the water & wastewater industry and food & beverages industry fuel the market growth. In addition, the need for wireless radar level transmitters is increasing particularly for applications in distant locations in mining, oil & gas, and chemical & petrochemical industries. 

However, fluttering market trends witnessed in mature end-use industries is expected to hamper the demand for radar level transmitters. Concerns around the experience and knowledge of these devices are limiting the radar level transmitter market growth. Furthermore, growing industrial and economic advancements in the emerging economies are generating more possibilities for the players working in the radar level transmitter market.

Water and Wastewater Industry Expected to Boosts the Market

As the management for water quality becomes more severe and stringent along with increasing need for constant water quality, the water supply industry is been questioned to improve water treatment methods. The technology of radar level transmitters is competent for measuring levels in unrelenting environments and is a highly cost-effective solution for water projects. The right level transmitter of wastewater is critical during the steps of wastewater treatment. 

In addition, wastewater is needed to be stored and pumped to higher levels at pump stations. These pump stations utilize radar level transmitters for controlling and monitoring the level of wastewater, which control the pumping operation. At each stage in the wastewater network and treatment method, level monitoring of wastewater using radar level transmitters provides essential control and feedback on the process.

Rise in Demand For Efficient Level Transmitter Solutions 

Level transmitter techniques, such as radar, provide the transmitter of solid and liquids materials through the application of electromagnetic properties of the measuring materials. Consequently, these devices have a significantly broad scope of use across various industries such as oil & gas, chemicals, marine, food & beverages, paper & pulp, mining, water & wastewater treatment, and pharmaceuticals. The instruments, owing to their functional applications in different production activities and industrial processes, have witnessed an unprecedented demand due to the rising demand for improving production output. 

Furthermore, the increasing demand from different industry verticals also drives the market for superior and efficient radar level transmitter-based instruments among various industry verticals. In addition, the recent availability of low-cost radar level transmitters along with the steady decline in average prices of the device over the past decade has facilitated its acceptance among small & medium enterprises, resulting in their lucrative market growth during the forecast period.

Key Benefits of the Report

  • This study presents the analytical depiction of the global radar level transmitter market forecast along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global radar level transmitter market share.
  • The current market is quantitatively analyzed to highlight the global radar level transmitter market trends and growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed radar level transmitter market analysis based on competitive intensity and how the competition will take shape in the coming years. 

COVID-19 Scenario Analysis 

  • The global market has been significantly impacted by the outbreak. The global factories have struggled to manufacture and assemble new devices as workers have stayed in their homes and even the already available devices in various warehouses cannot be transported due to current rules & regulations, which disrupted the global supply chains.
  • The impact of COVID-19 on radar level transmitter market is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for these products are gradually going to increase.
  • This is expected to provide opportunities for companies to think about ways of increasing production, research about technologies, and improve current products.

Questions Answered in the Radar Level Transmitter Market Research Report

  • Which are the leading market players active in the radar level transmitter market?
  • What would be the detailed impact of COVID-19 on the radar level transmitter market size?
  • How the current radar level transmitter market trends that will influence the industry in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?

Radar Level Transmitter Market Report Highlights

Aspects Details
Radar Level Transmitter Market By Technology
By Technology
  • Contact (Guided Wave Radar)
  • Noncontact (Pulsed and FMCW)
Radar Level Transmitter Market By Industry Vertical
By Industry Vertical
  • Chemical and Petrochemical
  • Oil and Gas
  • Food and Beverages
Radar Level Transmitter Market By Region
By Region
  • North America 
  • Europe 
  • Asia-Pacific 
  • LAMEA 
Key Market Players
Key Market Players

Mitsubishi Electric Corporation, Endress+Hauser AG, Siemens AG, Emerson Electric Co, Kruse Automation GmbH, Nohken Inc, Saab AB, Yokogawa Electric Corporation, Honeywell International Inc, ABB Ltd

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Radar Level Transmitter Market

Global Opportunity Analysis and Industry Forecast, 2023-2032