The global Radar Level Transmitters market was valued at 67.6 Million USD in 2021 and will grow with a CAGR of 3.7% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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 transmitters are ideally used for harsh environment where dust, vapor, or a foaming surface prevents the usage of ultrasonic measurement. The radar level transmitters are used for liquids, solids, or interface application. Based on the type of radar, further classification can be done as FM-CW radar, guided wave, CW radar, 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 transmitters provide accurate and reliable results for any liquids and solids under high pressures and temperatures. In terms of sales volume, sales of radar level transmitter increased from 560 units in 2013 to 676K units in 2017 globally, registering a Compounded Annual Growth Rate (CAGR) of 3.91% during the analyzed period, 2013-2017. North America ranks the first in 2017, among which United States is dominating this area, with a sales share of 85.95% in 2017. Asia-pacific and Europe also play an important role in radar level transmitter market. They occupy more than 50% share of the market together. And among them, China ranks the first with sales of 103 K units and revenue of 90.41 Million USD in 2017.

By Market Verdors:

ABB

Emerson Electric

Siemens AG

Schneider Electric

Magnetrol International

VEGA Grieshaber KG

Yokogawa Electric

OMEGA Engineering

Honeywell

KROHNE

Matsushima Measure Tech Co., Ltd.

Dandong Top Electronics Instrument Group Co. Ltd

E+H

By Types:

Non-contact Radar Level Transmitter

Guided Wave Radar Level Transmitter

By Applications:

Oil and Gas

Pharmaceutical and Biotech

Power Generation

Chemical

Food and Beverage

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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