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Radar technology is mainly used for the detection of levels in continuous level measurement applications. Radar level transmitters provide the noncontact type of level measurement by using frequency modulated continuous wave (FMCW) radar and pulsed radar in case of liquids in a metal tank. It includes usage of electromagnetic waves, usually in the microwave X-band range, which is near about 10 GHz. Thus, the devices are also known as microwave level measurement devices. It has a wide variety of applications in industries such as oil & gas, pharmaceuticals, water & wastewater, food & beverages, and others.
Key Market Driver -
• Offering of High Level Accuracy, Reliability, and Stability by Radar Level Transmitters
Key Market Restraint -
• Fluctuations in Market Trends in End User Industries Hampers the Market Growth
By technology, the market segmented into contact and noncontact. The noncontact segment is further divided into Frequency-Modulated Continuous Wave (FMCW) radar and pulsed radar. Based on the frequency range, the market segmented into C and X band, W band, and K band. Based on the application, the market is segmented into liquids, slurries, interfaces, and solids. Based on the industry, the market is segmented into oil & gas, chemicals, water & wastewater, food & beverages, pharmaceuticals, others. Geographically, the market categorized into North America, Europe, Asia Pacific, and the Rest of the World.
Major key players that are present in the global radar level transmitter market are Honeywell International Inc. (The U.S.), Siemens (Germany), Emerson Electric Co. (The U.S.), Endress+Hauser Group Services AG (Switzerland), KROHNE Group (The U.K), ABB (Switzerland), Yokogawa Electric Corporation (Japan), AMETEK.Inc. (The U.S.), Schneider Electric (France), Magnetrol (Belgium), and among others.
Geographically, the radar level transmitter market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
North America shows a significant growth in radar level transmitters market during the forecast period owing to the presence of key players such as Emerson Electric, Honeywell International Inc., AMETEK Inc., and others. Asia Pacific will witness significant growth in radar level transmitter market across the globe during the forecast period. The growth is attributed to the low manufacturing costs and supportive local governments. Furthermore, the growing demand for petrochemicals and increasing population in countries such as China and India are fueling chemicals and pharmaceutical industries across the region. Increasing industrial manufacturing activities in countries such as India and China are propelling market growth across the region.
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Investments in the municipal water sector are expected to be high in APAC countries. The growing manufacturing industries will further create opportunities for radar level transmitters to penetrate the water & wastewater industry. Europe will witness moderate growth due to the presence of key manufacturers such as Siemens, Schneider Electric, ABB, and others. In the Rest of the World, the market shows moderate growth owing to the increased use of radar level transmitters in different verticals such as chemicals, oil & gas, pharmaceuticals, and others.
By Frequency Range
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