Radar Level Transmitter Expected To Be The Fastest Growing Segment In The Global Level Transmitter Market
According to a recently published report, the global Level Transmitter Market has been expected to grow at the CAGR of 4.3% during 2016-2022. The global level transmitter market is segmented on the basis of type, verticals and geography. The report on global level transmitter market forecast 2016-2022 (by type, verticalsand geography) provides detailed overview and predictive analysis of the market.
Full report is available onglobal level transmittermarket forecast 2016-2022 (bytype, verticals and geography)report at http://www.briskinsights.com/report/level-transmitters-market
Radar level transmitters has been expected to witness a significant growth owing to its increase in the demand in the energy sector. Moreover, focus on safety parameters has been also anticipated to lead to higher adoption of radar level transmitters. Accidents caused by spilling or overfilling of materials such as hazardous liquids and chemicals can have disastrous consequences. Such consequences can be controlled in the industries by the usage of level transmitters. The various kinds of hazardous incidents highlight the need for better process measurements and fuel the adoption of SIL-rated transmitters and safety instrumented systems. The various key factors contributing significantly towards the growth of this market includes growing demand for reliable and accurate continuous level measurement, increasing demand for wireless level instrumentation and growing emphasis on industrial automation. However, network congestion is hampering the growth of level transmitters market to a greater extent. The increasing demand from emerging economies and its wide application areas are creating significant opportunities for the growth of this market. Along with opportunities, there are certain factors such as growing security concerns and high level measurement of tanks with floating roofs which are acting as a challenge in the growth of this market.
Scope of the report
1. Global Level Transmitter Market By Type 2012 - 2022 ($ million)
1.2. Differential Pressure
2. Global Level Transmitter Market By Verticals 2012 - 2022 ($ million)
2.1. Chemical Industry
2.2. Water & Wastewater
2.3. Pulp & Paper
2.5. Oil & Gas
2.6. Food & Beverages
2.8. Metal & Mining
3. Global Renewable Chemical Manufacturing Market Regional Outlook 2012-2022 ($million)
3.1. North America
3.3. Asia Pacific
3.4. Middle East & Africa
3.5. Latin America
4. Company Profiles
4.1. ABB LIMITED
4.2. Amalgamated InstrumentCo. PTY Ltd.
4.3. APM Automation Solutions Ltd.
4.4. Emerson Electric Co.
4.5. Endress+Hauser Consult AG
4.6. Fluid Components International LLC
4.7. Fuji Electric Co., Ltd.
4.8. General Electric Company
4.9. Honeywell International Inc.
4.10. Rockwell Automation
4.11. SAPCON Instruments
4.12. Siemens AG
4.13. Vega Grieshaber Kg
4.14. Wika Instrument, LP
4.15. Yokogawa Electric Corporation