The factors such as increasing development and production of wireless level transmitters, a surge in the demand for level transmitters in food & beverages and pharmaceuticals industries, increased focus on industrial automation and optimum utilization of resources and rising regulatory emphasis on industrial safety are likely to contribute to the healthy growth of the market.
New York, April, 2021: Axiom Market Research & Consulting™ added a report on global level transmitter market which includes study on technology, type and industry across various countries of key regions across the globe. The global level transmitter market was projected to grow at a CAGR of 2.87% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the level transmitter market.
The report analyses the global level transmitter industry based on grade, application, and geography. The technology segment of the industry is segmented into capacitive, differential pressure/hydrostatic, magnetostrictive, radar, radiometric, ultrasonic and others. The major types of level transmitters are contact and non-contact. The major end use industries of this market are chemicals, food & beverages, metals & mining, oil & gas, pharmaceuticals, power, water & wastewater and others. The global level transmitter market is studied across various key countries of regions such as, North America, Europe, Asia Pacific and Rest of the World.
The key competitors of this market include ABB, Ametek, Dwyer Instruments, Emerson Electric, Endress+Hauser, Honeywell International, Krohne Messtechnik, Magnetrol International, Schneider Electric, Siemens, Sor Inc, Vega Grieshaber, Wika, Yokogawa Electric, Spectris (Omega Engineering), Bürkert, Gf Piping Systems, L&J Technologies, Viatran and Monitor Technologies Llc among others.
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Level Transmitter Market Regional Trends
North America is expected to witness the fastest growth in upcoming years owing to hold significant share in terms of value. The growing demand for level transmitter in the region is attributed by various industries like oil and gas, chemical, food and beverage, pharmaceutical and many others. The economies such as the United States, Canada and Mexico are projected to witness fast growth during forecast period due to ongoing technological advancements and growing research and developments in the field of level measurement technology to use in various industries.
Level Transmitter Market Segmental Highlights
Research Objectives of Level Transmitter Market Report:
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