Market Overview:
The global liquid level gauges and indicators market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for liquid level gauges and indicators in various applications such as oil and gas, chemicals and petrochemicals, power, water and wastewater, among others. Additionally, the growing demand for smart liquid level gauges is also propelling the growth of this market. Based on type, the tank level gauge & indicator segment accounted for the largest share of the global liquid level gauges and indicators market in 2017.
Product Definition:
Liquid Level Gauges and Indicators are devices used to measure the level of a liquid in a container. They are important because they allow us to monitor the level of liquid in a container, which can be helpful for tasks such as filling or emptying the container.
Tank Level Gauges & Indicator:
Tank level gauges and indicators are used to measure the liquid level in storage tanks. It is a mechanical device that helps in maintaining the tank levels by indicating when the liquid has reached its fill line. The indicator consists of an arm, which is raised or lowered to signalize when the tank is full or empty respectively. These devices can be manual as well as automatic and are available in various forms such as dial, digital, and needle type indicators among others.
Fuel Level Gauge & Indicator:
Fuel level gauge and indicator are devices used in liquid level gauges and indicators to indicate the fuel level in a tank. It is an important device as it helps to maintain the vehicle’s optimum operating condition by monitoring the vehicle’s fuel supply. The working principle of these products is based on float mechanism that rides on top of the gasoline/fuel mixture, as a result, it can only be used for liquids with consistent levels.
Application Insights:
The oil and gas segment dominated the global liquid level gauges and indicators market in 2017, accounting for over 30.0% share of the overall revenue. The growth can be attributed to rising demand for crude oil from various sectors such as energy, transportation, petrochemicals, etc. Furthermore, increasing investments by companies operating in upstream oil & gas industry are expected to drive the product demand over the forecast period.
Liquid level indicators are used in numerous applications including power generation plants and refineries along with their surrounding industries such as chemical manufacturing facilities and municipal wastewater treatment plants among others which is likely to propel its demand during future years of study.
Regional Analysis:
Asia Pacific liquid level gauges and indicators market is expected to witness significant growth over the forecast period. The region’s demand for the product can be attributed to increasing production of oil and gas, petrochemicals, power, chemicals in China. In addition, rising government initiatives such as “Make in India†are expected to boost manufacturing activities across various end-use industries thereby driving the regional market growth.
North America accounted for a share of more than 20% in 2017 owing to early adoption Liquid Level Gauge & Indicators by North American countries such as U.S.
Growth Factors:
- Increasing demand from process industries: The process industries are the key end-users of liquid level gauges and indicators. The growth in the process industries, especially in developing countries, is expected to drive the demand for liquid level gauges and indicators in the coming years.
- Technological advancements: Liquid level gauges and indicators are witnessing rapid technological advancements, with new products being launched in the market on a regular basis. This is likely to boost the demand for these devices in the coming years.
- Growing popularity of smart sensors: Smart sensors are gaining increasing acceptance across various industrial sectors owing to their ability to provide real-time data about various parameters including liquid levels. This is likely to fuel demand for liquid level gauges and indicators over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Level Gauges and Indicators Market Research Report
By Type
Tank Level Gauges & Indicator, Fuel Level Gauge & Indicator, Water Level Gauge & Indicator
By Application
Oil and Gas, Chemicals and Petrochemicals, Power, Water and Wastewater, Other
By Companies
ABB, Emerson, Honeywell, Krohne, PSM Instrumentation, Wika, HYDAC, Magnetrol, Omron, Xylem, OTT Hydromet, Yokogawa Electric, In-Situ, Gems Sensors
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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Level Gauges and Indicators Market Report Segments:
The global Liquid Level Gauges and Indicators market is segmented on the basis of:
Types
Tank Level Gauges & Indicator, Fuel Level Gauge & Indicator, Water Level Gauge & Indicator
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 and Gas, Chemicals and Petrochemicals, Power, Water and Wastewater, Other
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:
- ABB
- Emerson
- Honeywell
- Krohne
- PSM Instrumentation
- Wika
- HYDAC
- Magnetrol
- Omron
- Xylem
- OTT Hydromet
- Yokogawa Electric
- In-Situ
- Gems Sensors
Highlights of The Liquid Level Gauges and Indicators 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 Gauges & Indicator
- Fuel Level Gauge & Indicator
- Water Level Gauge & Indicator
- By Application:
- Oil and Gas
- Chemicals and Petrochemicals
- Power
- Water and Wastewater
- Other
- 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 Liquid Level Gauges and Indicators 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
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- Understanding Competition Scenario
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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?
Liquid level gauges and indicators are devices used to measure the level of liquid in a container. Liquid level gauges typically have a pointer that moves up and down as the liquid levels change, while indicator lights indicate whether the liquid is at or below a certain point.
Some of the key players operating in the liquid level gauges and indicators market are ABB, Emerson, Honeywell, Krohne, PSM Instrumentation, Wika, HYDAC, Magnetrol, Omron, Xylem, OTT Hydromet, Yokogawa Electric, In-Situ, Gems Sensors.
The liquid level gauges and indicators 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 Liquid Level Gauges and Indicators 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 Liquid Level Gauges and Indicators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Liquid Level Gauges and Indicators 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 Liquid Level Gauges and Indicators 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 Liquid Level Gauges and Indicators Market Size & Forecast, 2018-2028
4.5.1 Liquid Level Gauges and Indicators Market Size and Y-o-Y Growth
4.5.2 Liquid Level Gauges and Indicators Market Absolute $ Opportunity
Chapter 5 Global Liquid Level Gauges and Indicators 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 Liquid Level Gauges and Indicators Market Size Forecast by Type
5.2.1 Tank Level Gauges & Indicator
5.2.2 Fuel Level Gauge & Indicator
5.2.3 Water Level Gauge & Indicator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Liquid Level Gauges and Indicators 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 Liquid Level Gauges and Indicators Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Chemicals and Petrochemicals
6.2.3 Power
6.2.4 Water and Wastewater
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquid Level Gauges and Indicators 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 Liquid Level Gauges and Indicators 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 Liquid Level Gauges and Indicators Analysis and Forecast
9.1 Introduction
9.2 North America Liquid Level Gauges and Indicators 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 Liquid Level Gauges and Indicators Market Size Forecast by Type
9.6.1 Tank Level Gauges & Indicator
9.6.2 Fuel Level Gauge & Indicator
9.6.3 Water Level Gauge & Indicator
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 Liquid Level Gauges and Indicators Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Chemicals and Petrochemicals
9.10.3 Power
9.10.4 Water and Wastewater
9.10.5 Other
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 Liquid Level Gauges and Indicators Analysis and Forecast
10.1 Introduction
10.2 Europe Liquid Level Gauges and Indicators 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 Liquid Level Gauges and Indicators Market Size Forecast by Type
10.6.1 Tank Level Gauges & Indicator
10.6.2 Fuel Level Gauge & Indicator
10.6.3 Water Level Gauge & Indicator
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 Liquid Level Gauges and Indicators Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Chemicals and Petrochemicals
10.10.3 Power
10.10.4 Water and Wastewater
10.10.5 Other
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 Liquid Level Gauges and Indicators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Liquid Level Gauges and Indicators 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 Liquid Level Gauges and Indicators Market Size Forecast by Type
11.6.1 Tank Level Gauges & Indicator
11.6.2 Fuel Level Gauge & Indicator
11.6.3 Water Level Gauge & Indicator
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 Liquid Level Gauges and Indicators Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Chemicals and Petrochemicals
11.10.3 Power
11.10.4 Water and Wastewater
11.10.5 Other
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 Liquid Level Gauges and Indicators Analysis and Forecast
12.1 Introduction
12.2 Latin America Liquid Level Gauges and Indicators 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 Liquid Level Gauges and Indicators Market Size Forecast by Type
12.6.1 Tank Level Gauges & Indicator
12.6.2 Fuel Level Gauge & Indicator
12.6.3 Water Level Gauge & Indicator
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 Liquid Level Gauges and Indicators Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Chemicals and Petrochemicals
12.10.3 Power
12.10.4 Water and Wastewater
12.10.5 Other
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) Liquid Level Gauges and Indicators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Liquid Level Gauges and Indicators 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) Liquid Level Gauges and Indicators Market Size Forecast by Type
13.6.1 Tank Level Gauges & Indicator
13.6.2 Fuel Level Gauge & Indicator
13.6.3 Water Level Gauge & Indicator
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) Liquid Level Gauges and Indicators Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Chemicals and Petrochemicals
13.10.3 Power
13.10.4 Water and Wastewater
13.10.5 Other
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 Liquid Level Gauges and Indicators Market: Competitive Dashboard
14.2 Global Liquid Level Gauges and Indicators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Emerson
14.3.3 Honeywell
14.3.4 Krohne
14.3.5 PSM Instrumentation
14.3.6 Wika
14.3.7 HYDAC
14.3.8 Magnetrol
14.3.9 Omron
14.3.10 Xylem
14.3.11 OTT Hydromet
14.3.12 Yokogawa Electric
14.3.13 In-Situ
14.3.14 Gems Sensors
