The level gauge market is projected to reach US$ 2,013.69 million by 2028 from US$ 1,391.31 million in 2021; it is expected to grow at a CAGR of 5.6% from 2022 to 2028.
Level gauges are instruments for sensing and measuring fluid or gas levels in tanks or other storage containers. These devices are commonly used to detect fluid levels in drums, tanks, pressure vessels, and other similar uses in industrial process applications. When a direct physical measurement of the liquid level is not possible or practical, such as when the fluid being measured is toxic or when the tank or vessel housing the fluid is sealed and under pressure, level gauges are commonly used.
Fluid interface measurements are in high demand in manufacturing equipment such as frying drums, dehydrators, regenerators, settling tanks, and clarifiers. When two immiscible liquids are present in the same vessel, interface measurement is required. Liquid-solid interfaces, liquid-liquid interfaces, vapor-liquid interfaces, and foam-liquid interfaces are all examples of interfaces. Magnetic level gauges are used to determine the exact level of the upper liquid, the bottom liquid, and the level where the two liquids meet.
One of the important factors driving the growth of the level gauge market is the growth of oil & gas businesses and strong industrial activity worldwide. Additionally, increased deployment of automatic tank gauge systems is boosting the adoption of level gauge systems in various industries, likely to fuel the level gauge market expansion over the forecast period. Due to high accuracy levels in measuring components in pharmaceutical manufacturing, the pharmaceutical industry is likely to see increased demand. Initially, pharmaceutical manufacturers had numerous measuring issues, resulting in a requirement for level sensing gauges. The necessity to get government certification, conform to criteria set by numerous health-related organizations, and maintain perfect operations has increased the demand for level gauges in the pharmaceutical industry. Furthermore, throughout the forecast period, the expansion of automated processes in the pharmaceutical industry is likely to drive the need for level gauges.
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Level Gauge Market: Strategic Insights
Market Size Value in US$ 1,391.31 Million in 2021 Market Size Value by US$ 2,013.69 Million by 2028 Growth rate CAGR of 5.6% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2021
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Level Gauge Market: Strategic Insights
| Market Size Value in | US$ 1,391.31 Million in 2021 |
| Market Size Value by | US$ 2,013.69 Million by 2028 |
| Growth rate | CAGR of 5.6% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on Level Gauge Market
Various economies in Asia Pacific witnessed a sharp decline in their gross domestic product (GDP) in 2020 due to the sudden closedown of most economic activities across the country. The region consists of prominent oil and gas producing countries. According to the Organization for Economic Co-operation and Development (OECD), the pandemic severely affected several countries, such as India, Australia, China, and Japan. India is the worst-hit country by the pandemic in this region. Limitations imposed by governments to control the spread of COVID-19 during the initial time frame of the outbreak in these countries have affected the production process due to the limited workforce. China, Australia, Iran, Indonesia, and Malaysia are a few of the major natural gas-producing countries in the region. APAC's main natural gas-consuming countries are China, Japan, South Korea, and India.
Lucrative Regions for Level Gauge Market
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Market Insights – Level Gauge Market
North America is the most technologically advanced region, with several key economies, including the US, Canada, and Mexico. Developed countries in the region are known for adopting advanced technologies, high living standards, and developed infrastructure. Several industries, such as oil & gas and food & beverages in the region, are expanding their production scale due to rising consumer demand, leading to the level gauge market growth.
Level gauge manufacturers in Europe are also contributing significantly to market growth. Some of the prominent market players in Europe are PI Control Europe, P&ID b.v., Wema UK, ABB, Bliss Anand Europe, Hadro Techniek B.V., General Instruments Europe, Fival Srl, and Klinger Europe. These manufacturers offer more than one type of level gauge.
The APAC Level Gauge market is segmented into Australia, India, China, Japan, and South Korea. The growth in the manufacturing industry in Asian countries, such as China, India, Japan, South Korea, and Taiwan, would further positively impact the uptake of level gauge. Government initiatives, such as Make in India and Make in China, are transforming the manufacturing industry of India and China, respectively. This is augmenting the growth of the level gauge market in the region.
Technology-Based Insights
Based on technology, the level gauge market is segmented into magnetic level gauge, reflex level gauge, transparent level gauge, tabular level gauge, and others. The magnetic level gauge segment is expected to register the highest CAGR during the forecast period due to its usage in various end-users. A magnetic level indicator is frequently employed in situations when a sight glass (or glass sight gauge) is unsuitable for the job or underperforming due to plant requirements.
The level gauge market is segmented on the basis of gauge type, technology, end-user, and geography. Based on gauge type, the level gauge market is segmented into tank level, fuel level, water level, and mechanical level. Based on technology, the level gauge market is segmented into magnetic level gauge, reflex level gauge, transparent level gauge, tabular level gauge, and others. By end-user, the level gauge market is segmented into oil & gas, food & beverages, chemical & petrochemical, marine, energy & power, and others. Based on geography, the level gauge market is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South and Central America.
ABB Ltd.; Barksdale Inc.; Ayvaz; BinMaster; jbj Techniques Ltd.; Jogler, LLC; KOBOLD Messring GmbH; KROHNE Messtechnik GmbH; Krueger Sentry Gauge Co.; and SensorsOne Ltd. are among the key level gauge market players.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Gauge Type, Technology, and End-User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Chemical and petrochemical segment led the market in 2021. In industrial chemical end-users, level measurement instruments are exposed to aggressive, adhesive, abrasive, and corrosive environments. The requirements may also require that very light bulk goods be detected and measured precisely. Effective level measurement in the chemical process industries (CPI) reduces material inventories, improves product quality, and increases plant output by preventing spills and process disruptions. Level-measurement equipment can reduce quality and process consistency when not well-matched to their end-user.
ABB Ltd., Barksdale Inc., Ayvaz, BinMaster, jbj Techniques Ltd., Jogler, LLC; KOBOLD Messring GmbH, KROHNE Messtechnik GmbH, Krueger Sentry Gauge Co., and SensorsOne Ltd. are well-established market players with diverse business offerings operating in the level gauge market.
APAC region led the market in 2021. The APAC Level Gauge market is segmented into Australia, India, China, Japan, and South Korea. The growth in the manufacturing industry in Asian countries, such as China, India, Japan, South Korea, and Taiwan, would further positively impact the uptake of level gauge. Government initiatives, such as Make in India and Make in China, are transforming the manufacturing industry of India and China, respectively. This is augmenting the growth of the level gauge market in the region.
Tank type segment led the market in 2021. Tank gauging measures liquids in big storage tanks to determine the volume and mass of the product inside. In the oil and gas business, static volumetric assessments of tank content are commonly used, which include measures of level, temperature, and pressure. There are several methods for determining the liquid level and other parameters. Large volumes of liquid goods with a high value can be stored in storage tanks. When determining the tank content at any given time, the precision performance of a tank gauging technology is critical. Tank gauging is used on huge storage tanks in refineries, petroleum depots, pipelines, airports, and storage terminals. Cylindrical fixed roof tanks, cylindrical floating roof tanks, and pressurized tanks with either a spherical or horizontal cylinder design are the most common storage tanks. Tank gauges are available for each of these tank types.
The water level gauge in a boiler shows the water level in the boiler when it is near the correct working level. Water might leak out of the boiler and cause significant damage to any equipment built to accept steam if the water level is too high. Heat transfer surfaces may be exposed to extreme temperatures and fail if the water level is too low. Thus, constant monitoring of the boiler's water level is required. Due to the ship's motion, a water level gauge at each end of the boiler is needed to monitor the level accurately.
One of the major factors driving the market growth is automatic tank gauge systems, often known as ATGs. An ATG is an electronic gauge type installed within an above- or below-ground tank. It monitors the fuel volume or lubricant over time to determine if the tank is leaking liquids. Automatic tank monitoring systems are useful for assessing fluid levels, utilization based on volume, and tank temperature and can alert operators when tank contents are too high or have hit a critical low and monitor for leaks. Other features of an automatic tank gauge technology include measuring any gaps in the connections between tanks, pipes, and hose lines and monitoring technology pressurization. Modern ATGs are sophisticated monitoring systems that can be either wired or remotely accessed via a wireless modem.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Level Gauge Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe – PEST Analysis
4.2.3 APAC – PEST Analysis
4.2.4 MEA – PEST Analysis
4.2.5 SAM – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Level Gauge Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Use of Level Gauge in Oil & Gas Industry
5.1.2 Increasing Deployment of Automatic Tank Gauge Systems
5.2 Market Restraints
5.2.1 Freezing of Measurement Equipment in Underground Tanks
5.3 Market Opportunities
5.3.1 Rising Use of Level Gauge to Measure Water Level
5.4 Future Trends
5.4.1 Integration of Sensors in Measurement Systems
5.5 Impact Analysis of Drivers and Restraints
6. Level Gauge Market – Global Analysis
6.1 Level Gauge Global Overview
6.2 Level Gauge Market Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Level Gauge Market Analysis – By Gauge Type
7.1 Overview
7.2 Level Gauge Market, by Gauge Type (2021 and 2028)
7.3 Tank Level
7.3.1 Overview
7.3.2 Tank Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Fuel Level
7.4.1 Overview
7.4.2 Fuel Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Water Level
7.5.1 Overview
7.5.2 Water Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Mechanical Level
7.6.1 Overview
7.6.2 Mechanical Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
8. Level Gauge Market – By Technology
8.1 Overview
8.2 Level Gauge Market, by Technology (2021 and 2028)
8.3 Magnetic Level Gauge
8.3.1 Overview
8.3.2 Magnetic Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Reflex Level Gauge
8.4.1 Overview
8.4.2 Reflex Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Transparent Level Gauge
8.5.1 Overview
8.5.2 Transparent Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Tabular Level Gauge
8.6.1 Overview
8.6.2 Tabular Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
9. Level Gauge Market – By End-User
9.1 Overview
9.2 Level Gauge Market, by End User (2021 and 2028)
9.3 Oil & Gas
9.3.1 Overview
9.3.2 Oil & Gas: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Food & Beverage
9.4.1 Overview
9.4.2 Food & Beverage: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Chemical and Petrochemical
9.5.1 Overview
9.5.2 Chemical & Petrochemical: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Marine
9.6.1 Overview
9.6.2 Marine: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Energy & Power
9.7.1 Overview
9.7.2 Energy & Power: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
10. Level Gauge Market – Geographic Analysis
10.1 Overview
10.2 North America: Level Gauge Market
10.2.1 North America: Level Gauge Market, Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Level Gauge Market Breakdown, by Gauge Type
10.2.3 North America: Level Gauge Market Breakdown, by Technology
10.2.4 North America: Level Gauge Market Breakdown, by End-User
10.2.5 North America: Level Gauge Market Breakdown, by Country
10.2.5.1 US Level Gauge Market: Revenue and Forecast to 2028
10.2.5.1.1 US: Level Gauge Market Breakdown, by Gauge Type
10.2.5.1.2 US: Level Gauge Market Breakdown, by Technology
10.2.5.1.3 US: Level Gauge Market Breakdown, by End-User
10.2.5.2 Canada Level Gauge Market: Revenue and Forecast to 2028
10.2.5.2.1 Canada: Level Gauge Market Breakdown, by Gauge Type
10.2.5.2.2 Canada: Level Gauge Market Breakdown, by Technology
10.2.5.2.3 Canada: Level Gauge Market Breakdown, by End-User
10.2.5.3 Mexico Level Gauge Market: Revenue and Forecast to 2028
10.2.5.3.1 Mexico: Level Gauge Market Breakdown, by Gauge Type
10.2.5.3.2 Mexico: Level Gauge Market Breakdown, by Technology
10.2.5.3.3 Mexico: Level Gauge Market Breakdown, by End-User
10.3 Europe: Level Gauge Market
10.3.1 Europe Level Gauge Market Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Level Gauge Market Breakdown, by Gauge Type
10.3.3 Europe: Level Gauge Market Breakdown, by Technology
10.3.4 Europe: Level Gauge Market Breakdown, by End-User
10.3.5 Europe: Level Gauge Market Breakdown, by Country
10.3.5.1 France Level Gauge Market: Revenue and Forecast to 2028
10.3.5.1.1 France: Level Gauge Market Breakdown, by Gauge Type
10.3.5.1.2 France: Level Gauge Market Breakdown, by Technology
10.3.5.1.3 France: Level Gauge Market Breakdown, by End-User
10.3.5.2 Germany Level Gauge Market: Revenue and Forecast to 2028
10.3.5.2.1 Germany: Level Gauge Market Breakdown, by Gauge Type
10.3.5.2.2 Germany: Level Gauge Market Breakdown, by Technology
10.3.5.2.3 Germany: Level Gauge Market Breakdown, by End-User
10.3.5.3 Italy Level Gauge Market: Revenue and Forecast to 2028
10.3.5.3.1 Italy: Level Gauge Market Breakdown, by Gauge Type
10.3.5.3.2 Italy: Level Gauge Market Breakdown, by Technology
10.3.5.3.3 Italy: Level Gauge Market Breakdown, by End-User
10.3.5.4 UK Level Gauge Market: Revenue and Forecast to 2028
10.3.5.4.1 UK: Level Gauge Market Breakdown, by Gauge Type
10.3.5.4.2 UK: Level Gauge Market Breakdown, by Technology
10.3.5.4.3 UK: Level Gauge Market Breakdown, by End-User
10.3.5.5 Russia Level Gauge Market: Revenue and Forecast to 2028
10.3.5.5.1 Russia: Level Gauge Market Breakdown, by Gauge Type
10.3.5.5.2 Russia: Level Gauge Market Breakdown, by Technology
10.3.5.5.3 Russia: Level Gauge Market Breakdown, by End-User
10.3.5.6 Rest of Europe Level Gauge Market: Revenue and Forecast to 2028
10.3.5.6.1 Rest of Europe: Level Gauge Market Breakdown, by Gauge Type
10.3.5.6.2 Rest of Europe: Level Gauge Market Breakdown, by Technology
10.3.5.6.3 Rest of Europe: Level Gauge Market Breakdown, by End-User
10.4 APAC: Level Gauge Market
10.4.1 APAC Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
10.4.2 APAC: Level Gauge Market Breakdown, by Gauge Type
10.4.3 APAC: Level Gauge Market Breakdown, by Technology
10.4.4 APAC: Level Gauge Market Breakdown, by End-User
10.4.5 APAC: Level Gauge Market Breakdown, by Country
10.4.5.1 Australia Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Level Gauge Market Breakdown, by Gauge Type
10.4.5.1.2 Australia: Level Gauge Market Breakdown, by Technology
10.4.5.1.3 Australia: Level Gauge Market Breakdown, by End-User
10.4.5.2 China Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Level Gauge Market Breakdown, by Gauge Type
10.4.5.2.2 China: Level Gauge Market Breakdown, by Technology
10.4.5.2.3 China: Level Gauge Market Breakdown, by End-User
10.4.5.3 India Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Level Gauge Market Breakdown, by Gauge Type
10.4.5.3.2 India: Level Gauge Market Breakdown, by Technology
10.4.5.3.3 India: Level Gauge Market Breakdown, by End-User
10.4.5.4 Japan Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Level Gauge Market Breakdown, by Gauge Type
10.4.5.4.2 Japan: Level Gauge Market Breakdown, by Technology
10.4.5.4.3 Japan: Level Gauge Market Breakdown, by End-User
10.4.5.5 South Korea Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Level Gauge Market Breakdown, by Gauge Type
10.4.5.5.2 South Korea: Level Gauge Market Breakdown, by Technology
10.4.5.5.3 South Korea: Level Gauge Market Breakdown, by End-User
10.4.5.6 Rest of APAC Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of APAC: Level Gauge Market Breakdown, by Gauge Type
10.4.5.6.2 Rest of APAC: Level Gauge Market Breakdown, by Technology
10.4.5.6.3 Rest of APAC: Level Gauge Market Breakdown, by End-User
10.5 MEA: Level Gauge Market
10.5.1 MEA Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
10.5.2 MEA: Level Gauge Market Breakdown, by Gauge Type
10.5.3 MEA: Level Gauge Market Breakdown, by Technology
10.5.4 MEA: Level Gauge Market Breakdown, by End-User
10.5.5 MEA: Level Gauge Market Breakdown, by Country
10.5.5.1 South Africa Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Level Gauge Market Breakdown, by Gauge Type
10.5.5.1.2 South Africa: Level Gauge Market Breakdown, by Technology
10.5.5.1.3 South Africa: Level Gauge Market Breakdown, by End-User
10.5.5.2 Saudi Arabia Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia: Level Gauge Market Breakdown, by Gauge Type
10.5.5.2.2 Saudi Arabia: Level Gauge Market Breakdown, by Technology
10.5.5.2.3 Saudi Arabia: Level Gauge Market Breakdown, by End-User
10.5.5.3 UAE Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 UAE: Level Gauge Market Breakdown, by Gauge Type
10.5.5.3.2 UAE: Level Gauge Market Breakdown, by Technology
10.5.5.3.3 UAE: Level Gauge Market Breakdown, by End-User
10.5.5.4 Rest of MEA Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of MEA: Level Gauge Market Breakdown, by Gauge Type
10.5.5.4.2 Rest of MEA: Level Gauge Market Breakdown, by Technology
10.5.5.4.3 Rest of MEA: Level Gauge Market Breakdown, by End-User
10.6 SAM: Level Gauge Market
10.6.1 SAM Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
10.6.2 SAM: Level Gauge Market Breakdown, by Gauge Type
10.6.3 SAM: Level Gauge Market Breakdown, by Technology
10.6.4 SAM: Level Gauge Market Breakdown, by End-User
10.6.5 SAM: Level Gauge Market Breakdown, by Country
10.6.5.1 Brazil Level Gauge Market: Revenue and Forecast to 2028
10.6.5.1.1 Brazil: Level Gauge Market Breakdown, by Gauge Type
10.6.5.1.2 Brazil: Level Gauge Market Breakdown, by Technology
10.6.5.1.3 Brazil: Level Gauge Market Breakdown, by End-User
10.6.5.2 Argentina Level Gauge Market: Revenue and Forecast to 2028
10.6.5.2.1 Argentina: Level Gauge Market Breakdown, by Gauge Type
10.6.5.2.2 Argentina: Level Gauge Market Breakdown, by Technology
10.6.5.2.3 Argentina: Level Gauge Market Breakdown, by End-User
10.6.5.3 Rest of SAM Level Gauge Market: Revenue and Forecast to 2028
10.6.5.3.1 Rest of SAM: Level Gauge Market Breakdown, by Gauge Type
10.6.5.3.2 Rest of SAM: Level Gauge Market Breakdown, by Technology
10.6.5.3.3 Rest of SAM: Level Gauge Market Breakdown, by End-User
11. Impact of COVID-19 Pandemic on Global Level Gauge Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 APAC: Impact Assessment of COVID-19 Pandemic
11.5 MEA: Impact Assessment of COVID-19 Pandemic
11.6 SAM Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 ABB Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Barksdale Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Ayvaz
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 BinMaster
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 jbj Techniques Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Jogler, LLC
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 KOBOLD Messring GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 KROHNE Messtechnik GmbH
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Krueger Sentry Gauge Co.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 SensorsOne Ltd.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Level Gauge Market, Revenue and Forecast To 2028 – By Gauge Type (US$ Million)
Table 3. North America: Level Gauge Market, Revenue and Forecast To 2028 – By Technology (US$ Million)
Table 4. North America: Level Gauge Market, Revenue and Forecast To 2028 – By End-User (US$ Million)
Table 5. North America: Level Gauge Market, Revenue and Forecast To 2028 – By Country (US$ Million)
Table 6. US Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 7. US Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 8. US Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 9. Canada Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 10. Canada Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 11. Canada Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 12. Mexico Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 13. Mexico Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 14. Mexico Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 15. Europe Level Gauge Market: Revenue and Forecast To 2028 – By Gauge Type (US$ Million)
Table 16. Europe Level Gauge Market: Revenue and Forecast To 2028 – By Technology (US$ Million)
Table 17. Europe Level Gauge Market: Revenue and Forecast To 2028 – By End-User (US$ Million)
Table 18. Europe Level Gauge Market: Revenue and Forecast To 2028 – By Country (US$ Million)
Table 19. France Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 20. France Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 21. France Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 22. Germany Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 23. Germany Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 24. Germany Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 25. Italy Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 26. Italy Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 27. Italy Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 28. UK Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 29. UK Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 30. UK Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 31. Russia Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 32. Russia Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 33. Russia Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 34. Rest of Europe Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 35. Rest of Europe Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 36. Rest of Europe Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 37. APAC Level Gauge Market: Revenue and Forecast To 2028 – By Gauge Type (US$ Million)
Table 38. APAC Level Gauge Market: Revenue and Forecast To 2028 – By Technology (US$ Million)
Table 39. APAC Level Gauge Market: Revenue and Forecast To 2028 – By End-User (US$ Million)
Table 40. APAC Level Gauge Market: Revenue and Forecast To 2028 – By Country (US$ Million)
Table 41. Australia Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 42. Australia Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 43. Australia Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 44. China Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 45. China Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 46. China Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 47. India Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 48. India Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 49. India Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 50. Japan Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 51. Japan Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 52. Japan Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 53. South Korea Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 54. South Korea Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 55. South Korea Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 56. Rest of APAC Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 57. Rest of APAC Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 58. Rest of APAC Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 59. MEA Level Gauge Market: Revenue and Forecast To 2028 – By Gauge Type (US$ Million)
Table 60. MEA Level Gauge Market: Revenue and Forecast To 2028 – By Technology (US$ Million)
Table 61. MEA Level Gauge Market: Revenue and Forecast To 2028 – By End-User (US$ Million)
Table 62. MEA Level Gauge Market: Revenue and Forecast to 2028 – By Country (US$ Million)
Table 63. South Africa Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 64. South Africa Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 65. South Africa Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 66. Saudi Arabia Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 67. Saudi Arabia Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 68. Saudi Arabia Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 69. UAE Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 70. UAE Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 71. UAE Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 72. Rest of MEA Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 73. Rest of MEA Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 74. Rest of MEA Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 75. SAM Level Gauge Market: Revenue and Forecast To 2028 – By Gauge Type (US$ Million)
Table 76. SAM Level Gauge Market: Revenue and Forecast To 2028 – By Technology (US$ Million)
Table 77. SAM Level Gauge Market: Revenue and Forecast To 2028 – By End-User (US$ Million)
Table 78. SAM Level Gauge Market: Revenue and Forecast To 2028 – By Country (US$ Million)
Table 79. Brazil Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 80. Brazil Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 81. Brazil Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 82. Argentina Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 83. Argentina Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 84. Argentina Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 85. Rest of SAM Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 86. Rest of SAM Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 87. Rest of SAM Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 88. List of Abbreviation
LIST OF FIGURES
Figure 1. Level Gauge Market Segmentation
Figure 2. Level Gauge Market Segmentation – By Geography
Figure 3. Global Level Gauge Market Overview
Figure 4. Tank Level Segment held the Largest Share in 2021
Figure 5. Magnetic Level Gauge Segment held the Largest Share in 2021
Figure 6. Chemical & Petrochemical Segment held the Largest Share in 2021
Figure 7. APAC held the Largest Share in 2021
Figure 8. Level Gauge Market: Ecosystem Analysis
Figure 9. Level Gauge Market: Expert Opinion
Figure 10. Level Gauge Market: Impact Analysis of Drivers and Restraints
Figure 11. Level Gauge Market – Geographic Analysis
Figure 12. Level Gauge Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Level Gauge Market Revenue Share, by Gauge Type (2021 and 2028)
Figure 14. Tank Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Fuel Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Water Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Mechanical Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Level Gauge Market Revenue Share, by Technology (2021 and 2028)
Figure 19. Magnetic Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Reflex Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Transparent Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Tabular Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Others: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Level Gauge Market Revenue Share, by End User (2021 and 2028)
Figure 25. Oil & Gas: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Food & Beverage: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Chemical & Petrochemical: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Marine: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Energy & Power: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Others: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Global Level Gauge Market Revenue Share, by Region (2021 and 2028)
Figure 32. North America: Level Gauge Market, Revenue and Forecast to 2028 (US$ Million)
Figure 33. North America: Level Gauge Market Breakdown, by Gauge Type, 2021 & 2028 (%)
Figure 34. North America: Level Gauge Market Breakdown, by Technology, 2021 & 2028 (%)
Figure 35. North America: Level Gauge Market Breakdown, by End-User, 2021 & 2028 (%)
Figure 36. North America: Level Gauge Market Breakdown, by Country, 2021 & 2028 (%)
Figure 37. US Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 38. Canada Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 39. Mexico Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 40. Europe Level Gauge Market: Revenue and Forecast To 2028 (US$ Million)
Figure 41. Europe: Level Gauge Market Breakdown, by Gauge Type, 2021 & 2028 (%)
Figure 42. Europe: Level Gauge Market Breakdown, by Technology, 2021 & 2028 (%)
Figure 43. Europe: Level Gauge Market Breakdown, by End-User, 2021 & 2028 (%)
Figure 44. Europe: Level Gauge Market Breakdown, by Country, 2021 & 2028 (%)
Figure 45. France Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 46. Germany Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 47. Italy Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 48. UK Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 49. Russia Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 50. Rest of Europe Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 51. APAC Level Gauge Market: Revenue and Forecast To 2028 (US$ Million)
Figure 52. APAC: Level Gauge Market Breakdown, by Gauge Type, 2021 & 2028 (%)
Figure 53. APAC: Level Gauge Market Breakdown, by Technology, 2021 & 2028 (%)
Figure 54. APAC: Level Gauge Market Breakdown, by End-User, 2021 & 2028 (%)
Figure 55. APAC: Level Gauge Market Breakdown, by Country, 2021 & 2028 (%)
Figure 56. Australia Level Gauge Market: Revenue and Forecast To 2028 (US$ Million)
Figure 57. China Level Gauge Market: Revenue and Forecast To 2028 (US$ Million)
Figure 58. India Level Gauge Market: Revenue and Forecast To 2028 (US$ Million)
Figure 59. Japan Level Gauge Market: Revenue and Forecast To 2028 (US$ Million)
Figure 60. South Korea Level Gauge Market: Revenue and Forecast To 2028 (US$ Million)
Figure 61. Rest of APAC Level Gauge Market: Revenue and Forecast To 2028 (US$ Million)
Figure 62. MEA Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 63. MEA: Level Gauge Market Breakdown, by Gauge Type, 2021 & 2028 (%)
Figure 64. MEA: Level Gauge Market Breakdown, by Technology, 2021 & 2028 (%)
Figure 65. MEA: Level Gauge Market Breakdown, by End-User, 2021 & 2028 (%)
Figure 66. MEA: Level Gauge Market Breakdown, by Country, 2021 & 2028 (%)
Figure 67. South Africa Level Gauge Market: Revenue and Forecast To 2028 (US$ Million)
Figure 68. Saudi Arabia Level Gauge Market: Revenue and Forecast To 2028 (US$ Million)
Figure 69. UAE Level Gauge Market: Revenue and Forecast To 2028 (US$ Million)
Figure 70. Rest of MEA Level Gauge Market: Revenue and Forecast To 2028 (US$ Million)
Figure 71. SAM Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 72. SAM: Level Gauge Market Breakdown, by Gauge Type, 2021 & 2028 (%)
Figure 73. SAM: Level Gauge Market Breakdown, by Technology, 2021 & 2028 (%)
Figure 74. SAM: Level Gauge Market Breakdown, by End-User, 2021 & 2028 (%)
Figure 75. SAM: Level Gauge Market Breakdown, by Country, 2021 & 2028 (%)
Figure 76. Brazil Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 77. Argentina Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 78. Rest of SAM Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 79. Impact of COVID-19 Pandemic in North American Country Markets
Figure 80. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 81. Impact of COVID-19 Pandemic in APAC Country Markets
Figure 82. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 83. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Level Gauge Market
- ABB Ltd.
- Barksdale Inc.
- Ayvaz
- BinMaster
- jbj Techniques Ltd.
- Jogler, LLC
- KOBOLD Messring GmbH
- KROHNE Messtechnik GmbH
- Krueger Sentry Gauge Co.
- SensorsOne Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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