Radar Level Transmitter Market to Grow at a CAGR of 4.8% to reach US$ 996.0 Mn from 2018 to 2027

The radar level transmitter market was valued 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.

The global radar level transmitter market is heavily fragmented due to the presence of a significant number of companies operating in the market. Furthermore, the presence of global players with a strong geographic reach intensifies the competition in the radar level transmitter market. Presently, a significant number of market players operating in the global radar level transmitter market are focused on offering advanced products to attract new customers and gain a strong market position. However, the market does include a large number of regional players with a strong brand value in the local markets. The Middle East & Africa radar level transmitter market is expected to witness a CAGR growth rate of 5.1% from 2019 to 2027.

Radar level transmitter Market – By Region

Get more information on this report : Request Free Sample PDF

Radar level transmitter Market Insights

The growing popularity of non-contact based transmitters

Among the type of radar level transmitters, the ability of non-contact based radar level transmitters to emit narrow microwave pulses without contacting the measurement material (solid or liquid) over contact based instrument provide numerous benefit to the end-user. Subsequently, the technology has gained significant market penetration among industries such as food & beverages, pharmaceuticals, petrochemicals, oil & gas, and medical, to name a few industries. The primary scope for application of non-contact based transmitters constitutes monitoring of corrosive & non-corrosive liquid levels, environment healthiness, tanks, liquid processing vessels, and silos, among other industrial equipment. Thus, factors such as instruments cost-effectiveness, non-contact driven level measurement, and reliable solution for continuous flow level measurement has a profound influence over its adoption across other commercial application despite its superior cost. As a result, the growing popularity of non-contact based radar level transmitters across different end-user industries is anticipated to continue to boost the market growth and subsequently provide substantial profitable market opportunities for the market players during the coming years.

A surge in demand for efficient level measurement solutions from end-user industries

Level measurement techniques such as radar are instruments that provide the measurement of liquids and other materials through the application of electromagnetic properties of the measuring materials. As a result, devices have a significantly broad scope of use across numerous industrial as well as commercial such as oil & gas, chemicals, food & beverages, paper & pulp, marine, water & wastewater treatment, mining, and pharmaceuticals among other industries. The instruments owing to their functional applications across different industrial processes and production activities have witnessed an unprecedented due to the growing demand for improving production output, especially in the past few years. Furthermore, the increasing demand from different industry verticals has also propelled the market for superior and efficient radar level measurement based instruments among various industry verticals. In addition to this, the recent availability of low-cost radar level transmitters along with the steady decline in average prices of the device over the past decade has facilitated its adoption among small and medium enterprises resulting in their lucrative market growth during the forecast period over ultrasonic technology-based level measurement instruments.

Radar Level Transmitter Market – Technology Insights

The global radar level transmitter market, by technology, has been segmented into guided wave radar, pulse, and FMCW. Currently, guided wave radar is one of the fastest increasing technologies for level measurement in the process industries such as food & beverages, chemical, energy & power, and among others. The process industries mostly prefer the technology as it is one of the fastest-growing level control technologies and has gained incredible acceptance owing to the substantial advantages it provides, such as it is not affected by high turbulence or vibrations. Thus, the efficiency and the flexibility of the guided wave radar is empowering the industries to maintain the accuracy and ease of integration is driving the radar level transmitter market.

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. Dirt and pollution that build upon the antenna over time affect the direction and the strength of the radar signal. Low-frequency band range signals are less sensitive to such pollution and contamination and can pass through the buildup unaffected. C and X band frequency radar level transmitters offer accurate and reliable level measurement in even the most demanding industrial applications such as oil and gas, chemicals, Food and Beverages, and others.

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. The water cooler and the glass measuring cup represent a visual sight-glass type of measurement principle that is possible to see through the vessel to take the measurement. However, not all containers are transparent or open at the top. Also, continuous level data is gradually becoming the measurement of choice as it allows for accurate inventory management and process control.

Radar level transmitter Market – Industry Vertical Insights

Radar level transmitters are used in the food and beverage industries; the transmitter is designed to help customers enhance productivity with process measurement instrumentation that is developed to meet the highest performance standards in sanitization and cleaning. Inventory control, order processing, plant automation, supply chain management, production planning, and several other aspects of running a food and beverage plant need a precise and reliable level measurement of products stored in silos. The radar level transmitter is the best choice to obtain level information from silos. It is a safe solution even under extreme process conditions such as temperature, pressure, and vapors. High-frequency radar level transmitters could be the next big thing in the food and beverage sector.

Radar level transmitter Market by Industry Vertical

Get more information on this report : Request Free Sample PDF

Radar level transmitter Market - Strategic Insights

Some of the market initiatives were observed to be most adopted strategy in the global radar level transmitter market. Few of the recent market initiatives adopted by the market players operating in the radar level transmitter market are listed below:

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 consist of three new models DR5400, DR6400 and DR7400 and 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 new app for configuring Radar level transmitters. The Radar Master app would empower users to easily configure Rosemount radar level transmitters.

GLOBAL RADAR LEVEL TRANSMITTER MARKET SEGMENTATION

Global Radar Level Transmitter Market – By Technology

• Guided Wave Radar
• Pulse
• FMCW (Frequency Modulated Continuous Wave)

Global Radar level transmitter Market – By Frequency

• C and X Band
• K Band
• W Band

Global Radar level transmitter Market – By Medium

• Solid
• Liquid

Global Radar level transmitter Market – By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • Italy
  • UK
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia-Pacific
• Middle East & Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa
• South America
  • Brazil
  • Argentina
  • Rest of South America

Global Radar level transmitter Market - Company Profiles

• Ametek Inc.
• ABB Ltd.
• Emerson Electric Co.
• Honeywell International Inc.
• Krohne Group
• Magnetrol
• Schneider Electric
• Siemens AG
• Vega Grieshaber KG
• Yokogawa Electric Corporation