Market Overview:
The global bi-color level gauges market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for bi-color level gauges in various applications such as oil & gas, petrochemical, water treatment, pharmaceuticals and biotech industries. In addition, the growing demand for bi-color level gauges in emerging countries is also contributing to the growth of this market. However, fluctuating prices of raw materials used in manufacturing these devices may restrain the growth of this market during the forecast period. Based on type, tank level segment is expected to hold a major share of the global bi-color level gauges market during 2018–2030 owing to its wide usage across various industrial applications such as oil & gas and petrochemical industries.
Product Definition:
A bi-color level gauge is a type of instrument used to measure the level or quantity of a fluid or substance. They are often used in factories, refineries and other industrial settings to monitor levels of liquids, gases and other materials.
Tank Level:
Tank level is a device used to measure the liquid level in storage tanks. It consists of a float, which rises as the liquid levels rise and falls when the tank levels drop. The movement of float creates an electrical signal that is amplified and converted into an audible tone by a speaker in the tank level gauge.
Fuel Level:
The fuel level in a vehicle is the amount of liquid left in the fuel tank when it is empty. The level can be affected by several factors such as driving style, weather conditions, and other mechanical issues. It has become essential to check the fuel level regularly because of safety concerns and to avoid unexpected vehicle breakdowns caused due to lack of fluid in the tank.
Various government regulations have been imposed on manufacturers regarding checking.
Application Insights:
The oil & gas industry dominated the global bi-color level gauges market accounting for over 24.0% of the overall revenue in 2017. The segment is expected to witness significant growth on account of rising demand for crude oil and petroleum products across various regions including Asia Pacific, North America and Europe. In addition, growing investments by companies including BP plc, StatoilHydro ASA, Repsol SAB y Compa‘as Limitada in exploration activities are expected to drive the product demand over the forecast period.
Petrochemical industry also accounted for a considerable share owing to increasing investments by companies such as Dow Chemical Company LLC., Saudi Basic Industries Corporation (SABIC), ChemChina Co., Ltd., Mitsubishi Heavy Industrial Limited among others which are engaged in research & development activities related to petrochemicals production process along with its downstream processing like polymers manufacturing etcetera.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for petroleum products in countries, such as China and India. In addition, rising investments in offshore oil & gas exploration activities are anticipated to drive product demand over the next eight years.
The Asia Pacific region accounted for a share of approximately 60% of global bi-color level gauge market revenue in 2017 owing to high product adoption across various industries including transportation and energy sector. Furthermore, growing infrastructure development coupled with increasing automotive production is further expected to augment industry growth over the coming years.
Europe was estimated as one of the significant markets for level gauges globally due its large number of refineries and chemical processing facilities along with other end-use industries that require accurate measurement instruments Over 90% European population resides within 150 km distance from an oil refinery which results into high penetration rates across major cities including Paris, London, Rome among others.
Growth Factors:
- Increasing demand for bi-color level gauges in end-use industries such as oil & gas, chemical, and water treatment due to their features such as accuracy and reliability.
- Growing popularity of bi-color level gauges among process engineers and plant operators for efficient process control.
- Technological advancements in the manufacturing of bi-color level gauges that offer enhanced performance and precision.
- Rising demand for smart sensors and controllers in industrial automation applications that use bi-color level gauges as input devices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bi-color Level Gauges Market Research Report
By Type
Tank Level, Fuel Level, Water Level, Mechanical Level
By Application
Oil & Gas, Petrochemical, Water Treatment, Pharmaceutical, Biotech, Others
By Companies
Intra Automation, AltonaShop Technical, TC Fluid Control, DUMICO B.V., BONT Technologies, KLINGER ITALY
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Bi-color Level Gauges Market Report Segments:
The global Bi-color Level Gauges market is segmented on the basis of:
Types
Tank Level, Fuel Level, Water Level, Mechanical Level
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
Oil & Gas, Petrochemical, Water Treatment, Pharmaceutical, Biotech, 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:
- Intra Automation
- AltonaShop Technical
- TC Fluid Control
- DUMICO B.V.
- BONT Technologies
- KLINGER ITALY
Highlights of The Bi-color Level Gauges 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:
- Tank Level
- Fuel Level
- Water Level
- Mechanical Level
- By Application:
- Oil & Gas
- Petrochemical
- Water Treatment
- Pharmaceutical
- Biotech
- 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 Bi-color Level Gauges 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.
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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?
Bi-color level gauges are a type of gauge that have two colors, typically red and green. They are used to indicate the level of a liquid or gas in a container.
Some of the major companies in the bi-color level gauges market are Intra Automation, AltonaShop Technical, TC Fluid Control, DUMICO B.V., BONT Technologies, KLINGER ITALY.
The bi-color level gauges market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bi-color Level Gauges Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bi-color Level Gauges Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bi-color Level Gauges Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bi-color Level Gauges Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bi-color Level Gauges Market Size & Forecast, 2018-2028
4.5.1 Bi-color Level Gauges Market Size and Y-o-Y Growth
4.5.2 Bi-color Level Gauges Market Absolute $ Opportunity
Chapter 5 Global Bi-color Level Gauges Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bi-color Level Gauges Market Size Forecast by Type
5.2.1 Tank Level
5.2.2 Fuel Level
5.2.3 Water Level
5.2.4 Mechanical Level
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bi-color Level Gauges Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bi-color Level Gauges Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Petrochemical
6.2.3 Water Treatment
6.2.4 Pharmaceutical
6.2.5 Biotech
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bi-color Level Gauges Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bi-color Level Gauges Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bi-color Level Gauges Analysis and Forecast
9.1 Introduction
9.2 North America Bi-color Level Gauges Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bi-color Level Gauges Market Size Forecast by Type
9.6.1 Tank Level
9.6.2 Fuel Level
9.6.3 Water Level
9.6.4 Mechanical Level
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bi-color Level Gauges Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Petrochemical
9.10.3 Water Treatment
9.10.4 Pharmaceutical
9.10.5 Biotech
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bi-color Level Gauges Analysis and Forecast
10.1 Introduction
10.2 Europe Bi-color Level Gauges Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bi-color Level Gauges Market Size Forecast by Type
10.6.1 Tank Level
10.6.2 Fuel Level
10.6.3 Water Level
10.6.4 Mechanical Level
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bi-color Level Gauges Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Petrochemical
10.10.3 Water Treatment
10.10.4 Pharmaceutical
10.10.5 Biotech
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bi-color Level Gauges Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bi-color Level Gauges Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bi-color Level Gauges Market Size Forecast by Type
11.6.1 Tank Level
11.6.2 Fuel Level
11.6.3 Water Level
11.6.4 Mechanical Level
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bi-color Level Gauges Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Petrochemical
11.10.3 Water Treatment
11.10.4 Pharmaceutical
11.10.5 Biotech
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bi-color Level Gauges Analysis and Forecast
12.1 Introduction
12.2 Latin America Bi-color Level Gauges Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bi-color Level Gauges Market Size Forecast by Type
12.6.1 Tank Level
12.6.2 Fuel Level
12.6.3 Water Level
12.6.4 Mechanical Level
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bi-color Level Gauges Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Petrochemical
12.10.3 Water Treatment
12.10.4 Pharmaceutical
12.10.5 Biotech
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bi-color Level Gauges Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bi-color Level Gauges Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bi-color Level Gauges Market Size Forecast by Type
13.6.1 Tank Level
13.6.2 Fuel Level
13.6.3 Water Level
13.6.4 Mechanical Level
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bi-color Level Gauges Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Petrochemical
13.10.3 Water Treatment
13.10.4 Pharmaceutical
13.10.5 Biotech
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bi-color Level Gauges Market: Competitive Dashboard
14.2 Global Bi-color Level Gauges Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intra Automation
14.3.2 AltonaShop Technical
14.3.3 TC Fluid Control
14.3.4 DUMICO B.V.
14.3.5 BONT Technologies
14.3.6 KLINGER ITALY
