DUBLIN--(BUSINESS WIRE)--The "Radar Level Transmitter Market to 2027 - Global Analysis and Forecast by Technology, Frequency, Medium, Industry Vertical" report has been added to ResearchAndMarkets.com's offering.
The global 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 growth in process industries is expected to support the growth of radar level transmitter market. The major driving factors driving the growth of radar level transmitter market include increasing demand for efficient measurement solutions, increasing popularity of non-contact based transmitters. The major factors hindering the growth of radar level transmitter is high initial cost and installation charges.
Radar technology has become the preferred technology for level measurement in many of the industrial applications which has driven the growth of radar level transmitter market. The radar emits microwaves to gauge the distance to a surface, computing distance by the time required for the pulse to hit the surface and reflect. As with all electromagnetic signal transmissions, the wavelength is inversely proportional to the frequency. In radar level transmitter, frequency is an important property as it directly affects measurement performance. Several radar level measurement applications exist in various types of industries, such as Food and Beverages.
Based on region, the Asia-Pacific region accounted for the largest market share in the global radar level transmitter market owing to the significant presence of processing industries. The radar level transmitter market in regions such as Europe and MEA is expected to witness growth during the forecast period. Radar level technology provides a level measurement solution for nearly every form comprising solids and liquids.
Reasons to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Radar level transmitter market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Key Topics Covered:
2. Key Takeaways
3. Research Methodology
4. Radar Level Transmitter 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 Middle East & Africa PEST Analysis
4.2.5 South America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Premium Insights
4.5.1 Volume Analysis of Pulse Versus FMCW Versus Applications
5. Radar Level Transmitter Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Surge in demand for efficient level measurement solutions from end-user industries
5.1.2 Growing popularity of non-contact based transmitters
5.2 Key Market Restraints
5.2.1 High cost of initial purchase and installation challenges across selected applications
5.3 Key Market Opportunities
5.3.1 Flourishing demand from emerging economies
5.4 Future Trends
5.4.1 Scope for IoT technology enabled radar level transmitters
5.5 Impact Analysis of Drivers and Restraints
6. Radar Level Transmitter Market - Global Market Analysis
6.1 Global Radar Level Transmitter Market Overview
6.2 Global Radar Level Transmitter Market Forecast and Analysis
6.3 Market Positioning- Top Five Players
7. Radar Level Transmitter Market - By Technology
7.2 Radar Level Transmitter Market Breakdown, by Technology, 2018 and 2027
7.3 Guided Wave Radar
8. Radar Level Transmitter Market - By Frequency
8.2 Radar Level Transmitter Market Breakdown, by Frequency, 2018 & 2027
8.3 C and X Band
8.4 K Band
8.5 W Band
9. Radar Level Transmitter Market- By Medium
9.2 Global Radar Level Transmitter Market Breakdown, by Medium, 2018 & 2027
10. Radar Level Transmitter Market - By Industry Vertical
10.2 Radar Level Transmitter Market Breakdown, by Industry Vertical, 2018 & 2027
10.3 Oil and Gas
10.5 Food and Beverages
11. Global Radar Level Transmitter Market - Geographic Analysis
11.2 North America Radar Level Transmitter Market, Revenue and Forecast to 2027
11.3 Europe Radar Level Transmitter Market, Revenue and Forecast to 2027
11.4 APAC Radar Level Transmitter Market, Revenue and Forecast to 2027
11.5 MEA Radar Level Transmitter Market, Revenue and Forecast to 2027
11.6 South America Radar Level Transmitter Market, Revenue and Forecast to 2027
12. Radar Level Transmitter Market - Industry Landscape
12.1 Market Initiative
12.2 New Development
13. Radar Level Transmitter Market - Company Profiles
13.1 ABB Ltd
13.2 AMETEK INC
13.3 Emerson Electric Co.
13.4 Honeywell International, Inc.
13.5 KROHNE group
13.7 Schneider Electric SE
13.8 Siemens AG
13.9 VEGA Grieshaber KG.
13.10 Yokogawa Electric Corporation
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