Radar Level Transmitters Zoning In On $581.2 Million Market Share

According the “Radar Level Transmitter Market by Technology, Noncontact, Frequency, Application, Industry, and Region - Global Forecast to 2023” report by MarketsandMarkets, the market is expected to grow from $428.0 million in 2018 to $581.2 million by 2023, at a CAGR of 6.3. Growth is said to be driven byer high accuracy, reliability, and stability offered by radar level transmitters, thereby increasing demand for radar level transmitters in the water and wastewater industry.

 

Report Takeaways

SENSORS MIDWEST

Sensors Midwest Hits Rosemont, IL October 16-17!

Sensors Midwest, the industry's largest event focusing on sensors, design, and IIoT in the Midwest region, is scheduled for October 16-17 at the Donald E. Stephens Convention Center in Rosemont, IL. Co-located with STMA, the event draws over 1,000 engineers and engineering professionals that are looking for access to the latest sensor advancements and will provide an opportunity to connect with the area's greatest technology leaders and suppliers.
  • Noncontact radar level transmitters is estimated to hold the largest size of the overall radar level transmitter market in 2018
  • K band radar level transmitters is estimated to be the largest noncontact radar level transmitter market in 2018
  • Liquids, slurries, and interface measurement applications expected to dominate the radar level transmitter market from 2018 to 2023
  • Oil & gas industry to dominate the radar level transmitter market from 2018 to 2023
  • North America to dominate the radar level transmitter market from 2018 to 2023
  • The radar level transmitter market was dominated by the key players such as Endress+Hauser (Switzerland), Emerson Electric (US), VEGA Grieshaber (Germany), Siemens (Germany), and KROHNE (Germany). 

Need to glean more? Browse the “Radar Level Transmitter Market” report.

 

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