According to the new research report published by The Insight Partners, titled “Radar level transmitter Market — Global Analysis and Forecast to 2027”, the global radar level transmitter market was valued at US$ 654.5 Mn in 2018 and is expected to reach US$ 996.0 Mn by 2027 with a CAGR growth rate of 4.8% in the forecast period from 2019 to 2027.
In 2018, Asia-Pacific is estimated to account to hold the largest market share, growing at a CAGR of 6.1%.
Radar Level Transmitter Market – Strategic Insights
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Report Coverage |
Details |
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Market Size Value in |
US$ 654.5 Million in 2018 |
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Market Size Value by |
US$ 996.0 Million by 2027 |
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Growth rate |
CAGR of 4.8% from 2019-2027 |
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Forecast Period |
2019-2027 |
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Base Year |
2019 |
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No. of Pages |
170 |
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No. Tables |
111 |
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No. of Charts & Figures |
84 |
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Historical data available |
Yes |
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Segments covered |
Tehchnology, Frequency, Medium, Industry Vertical |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; MEA |
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Country scope |
US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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APAC comprises Australia, China, India, Japan, South Korea, and the Rest of APAC. Radar Level Transmitter technologies such as guided wave radar, pulse, and FMCW is broadly used across many industries such as oil and gas, chemicals, food, and beverages, among others. The technology is categorized based on type as a non-contacting transmitter and a contacting transmitter where guided wave radar is a type of contact transmitter, and pulse and FMCW are types of non-contact transmitters.
Radar level technology provides a level measurement solution for nearly every form comprising solids and liquids. Radar level transmitters also perform well with recirculating fluids, boiling surfaces, aeration tanks, and propeller mixers. Various types of radar level transmitters render differing levels of accuracy depending on the kind of media. Radar level transmitters are reliable, more accurate, and best suited for unstable process conditions.
Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of the supply chain, falling business confidence, and increasing panic among the customer segments.
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Radar Level Transmitter Market – Frequency Insights
C and X band ranges a frequency from 6 – 11 GHz, and it is considered as a low range frequency. The frequency has an impact on the radar level transmitter device antenna’s beamwidth and beams angle. Small beam angles can be achieved with C and X low-frequency radars. However, they require larger antennas, so a user needs to consider what fitting sizes are available on the relevant vessels.
Radar level transmitter Market – Medium Insights
Solids level measurement is mainly restricted to containers that hold a variety of materials, and their shapes and sizes reflect the content requirements. Containers come in different shapes and sizes, depending on their functions. Solids level is measured in point level and continuous level.
Radar Level Transmitter Market: Competitive Landscape and Key Developments
Ametek Inc, ABB Ltd., Emerson Electric Co., Honeywell International Inc., Krohne Group, Magnetrol, Schneider Electric, Siemens AG, Vega Grieshaber KG, Yokogawa Electric Corporation are among the key players in the global Radar Level Transmitter market. The leading companies focus on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.
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2019:Drexelbrook expanded its range of FMCW based radar level measurement products with the addition of DRX400 and DRX500 series level transmitters. The DRX400 series consists of three new models DR5400, DR6400, and DR7400, and the DRX500 series consists of DR3500, DR6500, and DR7500.
2019:KROHNE Group introduced four new guided radar (TDR) devices specially designed for certain areas of applications including hazardous, hygienic, high temperature/pressure, and functional safety applications.
2019:Emerson introduced a new app for configuring Radar level transmitters. The Radar Master app would empower users to easily configure Rosemount radar level transmitters.
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