Dallas, Texas (PRWEB) May 22, 2014
The Global Radar Level Transmitter market is witnessing the wide adoption of non-contact level transmitters. The main reason for this is their high accuracy and resistance to the physical properties of liquids. Hence, the advantages of non-contact level transmitters in providing better operational performance with lower replacement costs are expected to encourage the Global Radar Level Transmitter market during the forecast period.
Level measurement refers to the instrumentation technique used to identify the height of fluid or solid within a vessel. The level measurement of fluid is commonly termed tank gauging. Level measurements can be either contact based or non-contact based. Contact-based level measurement can be done mainly by using devices such as magnetostrictive sensors, vibratory probes, hydrostatics, and magnetic floats. Non-contact level measurement can be primarily done by using ultrasonic, radar, laser, and optical devices.
According to the “Global Radar Level Transmitter Market 2014-2018” report, one of the main factors is the increasing CAPEX by the Energy sector. Manufacturing companies are focusing mainly on increasing their production capacity and are making huge investments in building their control mechanism infrastructure.
The Global Radar Level Transmitters market can be divided into two segments based on application: ITG and Process Level. These are the major types of application for radar level transmitters.
Global Radar Level Transmitter Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Radar Level Transmitter market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
- ABB Ltd.
- Emerson Electric Co.
- Siemens AG
Other Prominent Vendors
- Endress+Hauser Holding AG
- Invensys plc
- Magnetrol International Inc.
- VEGA Grieshaber KG
- Yokogawa Electric Corp.
Key Market Driver
- Increasing CAPEX by the Energy Sector.
Key Market Challenge
- Focus on After-Sales Technical Services.
Key Market Trend
- Adoption of Non-contact Level Transmitters.
Further, the report states that focus on after-sales technical services is one of the major challenges. The organizational change required to address customers' after-sales grievances is expected to increase the cost of sales for the vendors.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Global Radar Level Transmitter Market 2013-2018 (US$ million)
Exhibit 3: Global Radar Level Transmitter Market by Application Segmentation 2013
Exhibit 4: Global Radar Level Transmitter Market by Application Segmentation 2013-2018
Exhibit 5: Global Radar Level Transmitter Market for Liquid 2013-2018 (US$ million)
Exhibit 6: Global Radar Level Transmitter Market for Solid 2013-2018 (US$ million)
Exhibit 7: Global Radar Level Transmitter Market by Geographical Segmentation 2013
Exhibit 8: Global Radar Level Transmitter Market by Geographical Segmentation 2013-2018
Exhibit 9: Radar Level Transmitter Market in the APAC Region 2013-2018
Exhibit 10: Radar Level Transmitter Market in the EMEA Region 2013-2018
Exhibit 11: Radar Level Transmitter Market in the Americas 2013-2018
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