The global level transmitter market size is expected to grow from USD 3.30 billion in 2021 to USD 3.72 billion by 2027 at a CAGR of 2.0%.
A level transmitter is a device that provides constant level measurement. It is used to find the level of a certain bulk solid or liquid at any moment of time. A level transmitter is different from level switches, which only generates alarm when the level of a material reaches a predefined level.
Level transmitters are an instrument that provides contact and non-contact level measurement. The level transmitter consists of a sensor and an electrical transmitter. For continuous level measurement and point level detection in liquids and bulk solids. Levels in liquids, pastes, bulk solids or liquefied gases are often measured in tanks, silos, or movable containers. Level transmitters have: magnetostrictive, radar, guide wave, ultrasonic, DP, and Hydrostatic types. A differential pressure transmitter with the capillary and diaphragm is a more economical choice. And magnetostrictive level transmitter is often used to measure the level of oil (diesel, fuel). If you have any questions about product selection, please feel free to contact us. We provide free technical guidance.
Impact of COVID-19 on Global Level Transmitter Market
COVID-19 has severely impacted the global economy and all the industries throughout the globe. This is mainly due to the disruptions in the supply chain across the globe. The economies across the world have declined as there is a major decline in the demand for products. Production across industries has been limited due to the pandemic resulting in a shortage of raw materials. The decline in exports and the disruptions in the supply chain are the major factors contributing to the decline in production. The level transmitter market is thus getting affected by COVID-19. This has resulted in a lower estimated year-on-year growth rate for 2020 as compared with 2019.
The major players operating in the global level transmitter market are Endress+Hauser (Switzerland), VEGA (Germany), Emerson Electric (US), Siemens (Germany), Honeywell (US), Yokogawa (Japan), KROHNE (Germany), ABB (Switzerland), AMETEK (US), Magnetrol (US), and Schneider Electric (France).
In September 2020, Endress + Hauser expanded its presence in the Middle East with the establishment of Endress + Hauser Middle East. The new organization, headquartered in Dubai, UAE, will lead and support all regional solutions, sales, and service activities, including Endress + Hauser sales outlets and sales representatives in the Middle East region.
In August 2020, Siemens launched the Sitrans LR250 PLA (Polypropylene Lens Antenna), a radar level measurement transmitter that can be used for inventory management and complex process control. This solution can be used to measure the level of chemicals in the atmosphere at nominal pressure and temperature.
In November 2019, Vega expanded its radar portfolio with the introduction of 80 GHz radar level sensors for the water and wastewater industry.