Market Overview:
The global automated tank gauges (ATG) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the ATG market can be attributed to the increasing demand for ATG in oil and gas, defense, and chemical processing applications. Additionally, the increasing demand for fuel-efficient vehicles is also contributing to the growth of the ATG market. The float-operated tank gauges segment is expected to hold a majority share of the global ATG market during the forecast period. This segment is mainly driven by its low installation and maintenance costs as well as its ability to provide accurate measurements even in challenging environments.
 Industry Outlook.svg)
Product Definition:
The term "automated tank gauging" (ATG) generally refers to a system that measures the level of liquid in a tank and sends the reading automatically to a controller. ATG systems are used extensively in commercial and industrial settings for tasks such as inventory management, process control, and safety monitoring.
Float-operated tank gauges:
Float-operated tank gauges are used to measure the level of liquid in a float-operated tank. It is one of the most basic and traditional methods for monitoring liquid levels. These gauges are mostly used in manual or manually operated tanks, where a person must constantly monitor the level. However, with technological advancements and automation in industries such as oil & gas; water treatment; food & beverage; chemical processing etc.
Servo-operated tank gauges:
The global servo-operated tank gauges market size was valued at USD 6.0 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Servo-operated tank gauges are used for monitoring liquid levels in storage tanks by employing an electro-mechanical system that controls the flow rate of liquid into a measuring cup or gauge through positive displacement pump, motor, and valve assembly installed on discharge side of the pump.
Application Insights:
The defense solutions segment dominated the global automated tank gauges (ATG) market in terms of revenue share in 2017. The growth can be attributed to the growing need for tanks and other armored vehicles across various end-use industries such as defense, automotive, food & beverage and others.
Automotive is expected to emerge as one of the key application segments over the forecast period owing to factors such as increasing demand for fuel efficient passenger cars coupled with government initiatives aimed at promoting electric vehicles across various regions including North America and Europe. For instance, in 2016 Norway¢â‚¬â„¢s Ministry of Finance announced a plan to invest USD 7 billion by 2020 on electric vehicle infrastructure which is expected to promote sales of EVs significantly over the next few years thereby driving ATG demand globally over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is likely to grow at a significant rate over the forecast period. This growth can be attributed to increasing demand from end-use industries such as oil & gas, chemical processing, food & beverage, aviation solution, defense solution among others.
The Asia Pacific regional market includes major countries such as China and India which are emerging economies with high economic development rates coupled with large population bases. These factors are anticipated to boost demand for automated tank gauges across these countries during the forecast period. In addition, rapid industrialization along with growing need for energy storage solutions will drive industry expansion over this region during the same period (2018 - 2030).
Growth Factors:
- Increasing demand for fuel efficient vehicles: The global automotive industry is witnessing a paradigm shift towards fuel-efficient vehicles. This is primarily attributed to the increasing environmental concerns and stringent emission norms across the world. ATG helps in real-time monitoring of the fuel level in tanks, which results in better fuel economy and reduced emissions from automobiles.
- Proliferation of smart cities: As per a study by Cisco, there will be over 500 smart cities globally by 2020. Smart cities are equipped with advanced technologies that help improve the quality of life for its citizens through enhanced efficiency, safety, and sustainability measures. Automated tank gauges play an important role in ensuring efficient management of resources such as water and energy in these cities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automated Tank Gauges (ATG) Market Research Report
By Type
Float-operated tank gauges, Servo-operated tank gauges, Radar tank gauges, Hydrostatic tank gauges, Others
By Application
Aviation Solution, Oil and Gas Solutions, Defense Solutions, Chemical Processing, Food & Beverage, Others
By Companies
Veeder-Root, OPW, Varec, Semrad, Zhengzhou Windbellatg, Wayne, Dcm, Franklin Fueling Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Automated Tank Gauges (ATG) Market Report Segments:
The global Automated Tank Gauges (ATG) market is segmented on the basis of:
Types
Float-operated tank gauges, Servo-operated tank gauges, Radar tank gauges, Hydrostatic tank gauges, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aviation Solution, Oil and Gas Solutions, Defense Solutions, Chemical Processing, Food & Beverage, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Veeder-Root
- OPW
- Varec
- Semrad
- Zhengzhou Windbellatg
- Wayne
- Dcm
- Franklin Fueling Systems
 Market Overview.svg)
Highlights of The Automated Tank Gauges (ATG) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Float-operated tank gauges
- Servo-operated tank gauges
- Radar tank gauges
- Hydrostatic tank gauges
- Others
- By Application:
- Aviation Solution
- Oil and Gas Solutions
- Defense Solutions
- Chemical Processing
- Food & Beverage
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automated Tank Gauges (ATG) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automated Tank Gauges (ATG) are a type of instrument used to measure the pressure and flow rate of liquids or gases in tanks.
Some of the major players in the automated tank gauges (atg) market are Veeder-Root, OPW, Varec, Semrad, Zhengzhou Windbellatg, Wayne, Dcm, Franklin Fueling Systems.
The automated tank gauges (atg) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automated Tank Gauges (ATG) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automated Tank Gauges (ATG) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automated Tank Gauges (ATG) Market - Supply Chain
4.5. Global Automated Tank Gauges (ATG) Market Forecast
4.5.1. Automated Tank Gauges (ATG) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automated Tank Gauges (ATG) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automated Tank Gauges (ATG) Market Absolute $ Opportunity
5. Global Automated Tank Gauges (ATG) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automated Tank Gauges (ATG) Market Size and Volume Forecast by Type
5.3.1. Float-operated tank gauges
5.3.2. Servo-operated tank gauges
5.3.3. Radar tank gauges
5.3.4. Hydrostatic tank gauges
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automated Tank Gauges (ATG) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automated Tank Gauges (ATG) Market Size and Volume Forecast by Application
6.3.1. Aviation Solution
6.3.2. Oil and Gas Solutions
6.3.3. Defense Solutions
6.3.4. Chemical Processing
6.3.5. Food & Beverage
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automated Tank Gauges (ATG) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automated Tank Gauges (ATG) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automated Tank Gauges (ATG) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automated Tank Gauges (ATG) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automated Tank Gauges (ATG) Demand Share Forecast, 2019-2029
9. North America Automated Tank Gauges (ATG) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automated Tank Gauges (ATG) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automated Tank Gauges (ATG) Market Size and Volume Forecast by Application
9.4.1. Aviation Solution
9.4.2. Oil and Gas Solutions
9.4.3. Defense Solutions
9.4.4. Chemical Processing
9.4.5. Food & Beverage
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automated Tank Gauges (ATG) Market Size and Volume Forecast by Type
9.7.1. Float-operated tank gauges
9.7.2. Servo-operated tank gauges
9.7.3. Radar tank gauges
9.7.4. Hydrostatic tank gauges
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automated Tank Gauges (ATG) Demand Share Forecast, 2019-2029
10. Latin America Automated Tank Gauges (ATG) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automated Tank Gauges (ATG) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automated Tank Gauges (ATG) Market Size and Volume Forecast by Application
10.4.1. Aviation Solution
10.4.2. Oil and Gas Solutions
10.4.3. Defense Solutions
10.4.4. Chemical Processing
10.4.5. Food & Beverage
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automated Tank Gauges (ATG) Market Size and Volume Forecast by Type
10.7.1. Float-operated tank gauges
10.7.2. Servo-operated tank gauges
10.7.3. Radar tank gauges
10.7.4. Hydrostatic tank gauges
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automated Tank Gauges (ATG) Demand Share Forecast, 2019-2029
11. Europe Automated Tank Gauges (ATG) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automated Tank Gauges (ATG) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automated Tank Gauges (ATG) Market Size and Volume Forecast by Application
11.4.1. Aviation Solution
11.4.2. Oil and Gas Solutions
11.4.3. Defense Solutions
11.4.4. Chemical Processing
11.4.5. Food & Beverage
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automated Tank Gauges (ATG) Market Size and Volume Forecast by Type
11.7.1. Float-operated tank gauges
11.7.2. Servo-operated tank gauges
11.7.3. Radar tank gauges
11.7.4. Hydrostatic tank gauges
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automated Tank Gauges (ATG) Demand Share, 2019-2029
12. Asia Pacific Automated Tank Gauges (ATG) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automated Tank Gauges (ATG) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automated Tank Gauges (ATG) Market Size and Volume Forecast by Application
12.4.1. Aviation Solution
12.4.2. Oil and Gas Solutions
12.4.3. Defense Solutions
12.4.4. Chemical Processing
12.4.5. Food & Beverage
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automated Tank Gauges (ATG) Market Size and Volume Forecast by Type
12.7.1. Float-operated tank gauges
12.7.2. Servo-operated tank gauges
12.7.3. Radar tank gauges
12.7.4. Hydrostatic tank gauges
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automated Tank Gauges (ATG) Demand Share, 2019-2029
13. Middle East & Africa Automated Tank Gauges (ATG) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automated Tank Gauges (ATG) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automated Tank Gauges (ATG) Market Size and Volume Forecast by Application
13.4.1. Aviation Solution
13.4.2. Oil and Gas Solutions
13.4.3. Defense Solutions
13.4.4. Chemical Processing
13.4.5. Food & Beverage
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automated Tank Gauges (ATG) Market Size and Volume Forecast by Type
13.7.1. Float-operated tank gauges
13.7.2. Servo-operated tank gauges
13.7.3. Radar tank gauges
13.7.4. Hydrostatic tank gauges
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automated Tank Gauges (ATG) Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Automated Tank Gauges (ATG) Market: Market Share Analysis
14.2. Automated Tank Gauges (ATG) Distributors and Customers
14.3. Automated Tank Gauges (ATG) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Veeder-Root
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OPW
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Varec
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Semrad
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zhengzhou Windbellatg
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wayne
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dcm
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Franklin Fueling Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
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