Global Radar Level Gauge Market Insights, Forecast to 2028

Level measurement technology is widely used across many sectors such as construction, industrial, manufacturing, Oil and Gas, among others.
Radar level measurement technology is categorized on the basis of type as non-contacting transmitter and a contacting transmitter. Radar level measurement is based on calculation of time required for completion of trip between the transducer and sensed material level. Radar level gauges are ideally used for harsh environment where dust, vapor, or a foaming surface prevents the usage of ultrasonic measurement. The Radar level gauges are used for liquids, solids, or interface application. Based on the type of radar, further classification can be done as Non-contact Radar level gauge, guided wave, and pulse radar depending on the respective applications. Radar level measurement technology relies on “echo” signal which is reflected back from the surface. Thus, Radar level gauges provide accurate and reliable results for any liquids and solids under high pressures and temperatures.
Market Analysis and Insights: Global Radar Level Gauge Market
Due to the COVID-19 pandemic, the global Radar Level Gauge market size is estimated to be worth US$ 673.3 million in 2022 and is forecast to a readjusted size of US$ 847 million by 2028 with a CAGR of 3.9% during the review period. Fully considering the economic change by this health crisis, Non-contact Radar Level Gauge accounting for % of the Radar Level Gauge global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Oil and Gas segment is altered to an % CAGR throughout this forecast period.
The market in APAC is expected to be the fastest-growing one globally. The region has witnessed a significant growth in manufacturing activities due to 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 pharmaceuticals industries in APAC. India and China are considered huge markets for Radar level gauges owing to growing industrial manufacturing activities in these countries. Investments in municipal water sector is expected to be high in APAC countries. This factor offers opportunities for Radar level gauges to penetrate the water & wastewater industry further.
In terms of production side, this report researches the Radar Level Gauge capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Radar Level Gauge by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Radar Level Gauge Scope and Segment
Radar Level Gauge market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Radar Level Gauge market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Non-contact Radar Level Gauge
Guided Wave Radar Level Gauge
Segment by Application
Oil and Gas
Pharmaceutical and Biotech
Power Generation
Chemical
Food and Beverage
Others
By Company
ABB
Emerson Electric
Siemens AG
Schneider Electric
Magnetrol International
VEGA Grieshaber KG
Yokogawa Electric
OMEGA Engineering
Honeywell
KROHNE
Matsushima Measure Tech
Dandong Top Electronics
Endress+Hauser
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E