Market Overview:
The global hydrostatic level meter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hydrostatic level meters in various industries such as the petroleum, chemical, and pharmaceutical industries. In addition, the growing demand for these meters from emerging economies is also contributing to the growth of this market. The side-mount type hydrostatic level meter segment is expected to hold a major share of the global hydrostatic level meter market during the forecast period. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due its high accuracy and reliability levels compared with other types of Hydrostatic Level Meters (HLMs).
Product Definition:
A hydrostatic level meter is a device used to measure the height of a fluid column. It consists of a U-shaped tube with an open top and bottom, into which the fluid is poured. The height of the column can be read from a scale on the tube. Hydrostatic level meters are commonly used in industries such as water treatment and wastewater management to measure the height of liquid in tanks or reservoirs.
Side-mount Type Hydrostatic Level Meter:
Side-mount type hydrostatic level meter is a device used to measure the surface of liquid in bulk containers. It’s major application includes oil & gas, food & beverage and chemical industries. The product has gained high traction in hydrocarbon industry owing to its ability to provide accurate measurement of free surface area at any given time and under any operating condition.
The global side-mount type hydrostatic level meter market was valued at USD 81 million in 2016.
Throw-in Type Hydrostatic Level Meter:
A throw-in type hydrostatic level meter is a device used to measure the depth of water in lakes, reservoirs and other water bodies. It works on the principle of Archimedes’s law which states that an object submerged in a fluid is buoyant and will rise to the surface if it is capable of doing so without causing damage.
Application Insights:
The others application segment includes civil engineering, construction and mining. The level measurement devices are used in civil engineering for leveling out uneven surfaces, such as railway tracks and roads. They are also used in the construction industry to measure the height of concrete slabs or floors from a water surface. In mining applications, they are used to check if there is any leakage or excess water inside a mine by measuring the depth of water inside an underground mine chamber using sound waves generated by an acoustic source device attached to a hydrostatic level meter.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industrial activities, especially chemical and petroleum industries, which has led to an increased demand for level measurement devices. Moreover, rising government initiatives such as “Make in India†campaign by Indian Government are expected to boost manufacturing activities across various sectors including automotive and electronics resulting into high product demand from 2018 to 2030.
Europe accounted for a significant share of revenue owing to growing investments towards automation of processes coupled with technological advancements within the industry verticals affecting oil & gas sector such as shale gas exploration process that requires accurate level measurement devices over hydrostatic levels along with other industries including chemicals & petrochemicals that use throw-in type hydrostatics meters for measuring liquid levels at different points within their production plants. These factors are anticipated contribute toward regional market growth during the forecast period.
Growth Factors:
- Increasing demand for Hydrostatic Level Meter in oil and gas industry for accurate measurement of liquid level in storage tanks.
- Growing demand from water and wastewater management sector for efficient monitoring of water levels in reservoirs, canals, and pipelines.
- Rising popularity of hydrostatic level meters in chemical processing plants due to their ability to measure the level of corrosive fluids accurately.
- Increasing adoption of hydrostatic level meters by food and beverage companies for quality control purposes during the production process.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrostatic Level Meter Market Research Report
By Type
Side-mount Type Hydrostatic Level Meter, Throw-in Type Hydrostatic Level Meter
By Application
Petroleum Industry, Chemical Industry, Pharmaceutical Industry, Others
By Companies
WIKA Alexander Wiegand SE & Co. KG, First Sensor, ACS Control System, Aplisens, Baumer, ABB, Siemens, Honeywell, Xylem, OTT Hydromet
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Hydrostatic Level Meter Market Report Segments:
The global Hydrostatic Level Meter market is segmented on the basis of:
Types
Side-mount Type Hydrostatic Level Meter, Throw-in Type Hydrostatic Level Meter
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
Petroleum Industry, Chemical Industry, Pharmaceutical Industry, 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:
- WIKA Alexander Wiegand SE & Co. KG
- First Sensor
- ACS Control System
- Aplisens
- Baumer
- ABB
- Siemens
- Honeywell
- Xylem
- OTT Hydromet
Highlights of The Hydrostatic Level Meter 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:
- Side-mount Type Hydrostatic Level Meter
- Throw-in Type Hydrostatic Level Meter
- By Application:
- Petroleum Industry
- Chemical Industry
- Pharmaceutical Industry
- 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 Hydrostatic Level Meter 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?
A hydrostatic level meter is a device used to measure the height of an object above a water surface.
Some of the major companies in the hydrostatic level meter market are WIKA Alexander Wiegand SE & Co. KG, First Sensor, ACS Control System, Aplisens, Baumer, ABB, Siemens, Honeywell, Xylem, OTT Hydromet.
The hydrostatic level meter 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 Hydrostatic Level Meter 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 Hydrostatic Level Meter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydrostatic Level Meter 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 Hydrostatic Level Meter 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 Hydrostatic Level Meter Market Size & Forecast, 2018-2028
4.5.1 Hydrostatic Level Meter Market Size and Y-o-Y Growth
4.5.2 Hydrostatic Level Meter Market Absolute $ Opportunity
Chapter 5 Global Hydrostatic Level Meter 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 Hydrostatic Level Meter Market Size Forecast by Type
5.2.1 Side-mount Type Hydrostatic Level Meter
5.2.2 Throw-in Type Hydrostatic Level Meter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydrostatic Level Meter 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 Hydrostatic Level Meter Market Size Forecast by Applications
6.2.1 Petroleum Industry
6.2.2 Chemical Industry
6.2.3 Pharmaceutical Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydrostatic Level Meter 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 Hydrostatic Level Meter 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 Hydrostatic Level Meter Analysis and Forecast
9.1 Introduction
9.2 North America Hydrostatic Level Meter 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 Hydrostatic Level Meter Market Size Forecast by Type
9.6.1 Side-mount Type Hydrostatic Level Meter
9.6.2 Throw-in Type Hydrostatic Level Meter
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 Hydrostatic Level Meter Market Size Forecast by Applications
9.10.1 Petroleum Industry
9.10.2 Chemical Industry
9.10.3 Pharmaceutical Industry
9.10.4 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 Hydrostatic Level Meter Analysis and Forecast
10.1 Introduction
10.2 Europe Hydrostatic Level Meter 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 Hydrostatic Level Meter Market Size Forecast by Type
10.6.1 Side-mount Type Hydrostatic Level Meter
10.6.2 Throw-in Type Hydrostatic Level Meter
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 Hydrostatic Level Meter Market Size Forecast by Applications
10.10.1 Petroleum Industry
10.10.2 Chemical Industry
10.10.3 Pharmaceutical Industry
10.10.4 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 Hydrostatic Level Meter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydrostatic Level Meter 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 Hydrostatic Level Meter Market Size Forecast by Type
11.6.1 Side-mount Type Hydrostatic Level Meter
11.6.2 Throw-in Type Hydrostatic Level Meter
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 Hydrostatic Level Meter Market Size Forecast by Applications
11.10.1 Petroleum Industry
11.10.2 Chemical Industry
11.10.3 Pharmaceutical Industry
11.10.4 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 Hydrostatic Level Meter Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydrostatic Level Meter 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 Hydrostatic Level Meter Market Size Forecast by Type
12.6.1 Side-mount Type Hydrostatic Level Meter
12.6.2 Throw-in Type Hydrostatic Level Meter
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 Hydrostatic Level Meter Market Size Forecast by Applications
12.10.1 Petroleum Industry
12.10.2 Chemical Industry
12.10.3 Pharmaceutical Industry
12.10.4 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) Hydrostatic Level Meter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydrostatic Level Meter 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) Hydrostatic Level Meter Market Size Forecast by Type
13.6.1 Side-mount Type Hydrostatic Level Meter
13.6.2 Throw-in Type Hydrostatic Level Meter
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) Hydrostatic Level Meter Market Size Forecast by Applications
13.10.1 Petroleum Industry
13.10.2 Chemical Industry
13.10.3 Pharmaceutical Industry
13.10.4 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 Hydrostatic Level Meter Market: Competitive Dashboard
14.2 Global Hydrostatic Level Meter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WIKA Alexander Wiegand SE & Co. KG
14.3.2 First Sensor
14.3.3 ACS Control System
14.3.4 Aplisens
14.3.5 Baumer
14.3.6 ABB
14.3.7 Siemens
14.3.8 Honeywell
14.3.9 Xylem
14.3.10 OTT Hydromet
