Sep 19, 2018   SOURCE: BusinessWire

$428 Million Radar Level Transmitter Market by Technology, Frequency, Application, Industry, and Region - Global Forecast to 2023 - ResearchAndMarkets.com

The "Radar Level Transmitter Market by Technology, Frequency, Application, Industry, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The radar level transmitter market is expected to grow at a CAGR of 6.3% from USD 428.0 million in 2018 to USD 581.2 million in 2023.

Benefits of high accuracy, reliability, and stability offered by radar level transmitters; increasing demand for radar level transmitter in the water & wastewater industry; and growing emphasis on optimum utilization and efficiency of assets are the key factors driving the market's growth. However, fluctuating market trends observed in mature end-use industries are likely to hamper the demand for radar level transmitters.

Noncontact radar level transmitters are likely to exhibit a significant growth during the forecast period. Noncontact radar level transmitters are based on two modulation techniques: Frequency Modulated Carrier Wave (FMCW) and Pulsed Radar. Though both these techniques are effective for level measurement, owing to greater sensitivity and accuracy, FMCW has today become the preferred choice.

With an increasing adoption in industries such as food & beverages, cement, and metals & mining, the demand for radar level transmitters is likely to grow for solids measurement applications during the forecast period. Radar level transmitters are used for liquid, slurries, solids, and interface measurement. Radar level transmitters are also used for continuous measurement of solids, under hygienic process conditions. Moreover, radar level transmitters deliver optimum performance in dusty and contaminated conditions.

With regulations for water quality becoming more stringent and a rising demand for consistent water quality, the water supply industry is continually challenged to optimize water treatment processes. Radar level transmitters are capable of measuring levels in both clean and harsh environments and are a very cost-effective solution for water projects. During the stages of wastewater treatment, accurate level measurement of wastewater is essential.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights- Radar Level Transmitter Market

5 Market Overview

6 Radar Level Transmitter Market, By Technology

7 Noncontact Radar Level Transmitter Market, By Frequency Range

8 Radar Level Transmitter Market, By Application

9 Radar Level Transmitter Market, By Industry

10 Radar Level Transmitter Market, By Region

11 Competitive Landscape

12 Company Profiles

  • Endress+Hauser
  • VEGA Grieshaber
  • Emerson Electric
  • Siemens
  • KROHNE Messtechnik
  • ABB
  • Honeywell
  • Yokogawa Electric
  • AMETEK
  • Magnetrol International
  • Schneider Electric
  • WIKA Alexander Wiegand Beteiligungs
  • Brkert Fluid Control Systems
  • Pepperl+Fuchs
  • Automation Product Group (APG)
  • Nivelco Process Control
  • Finetek Group
  • Matsushima Measure Tech
  • Spectris (Omega engineer
  • Flowline
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