Market Overview:
The global liquid level gauges market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for liquid level gauges in various industries such as oil and gas, chemicals and petrochemicals, power, water and wastewater, and other industries. In addition, the growing awareness about safety measures is also propelling the growth of this market. Based on type, the global liquid level gauges market can be segmented into tank level gauges, fuel level gauges, water level gauges,,and others. Tank-level gauge systems are used extensively for custody transfer measurement applications in oil refineries around the world because they provide an accurate indication of product levels inside storage tanks without having to enter or disturb them unnecessarily often leading too less downtime for production activities .Fuel-level gauge systems measure fuel levels inside storage tanks by detecting changes in capacitance or dielectric constant that occur when hydrocarbons come into contact with metal electrodes mounted on a probe inserted into tank contents .
Product Definition:
Liquid level gauges are devices that are used to measure the level of a liquid in a container. They can be used for both commercial and industrial applications. Liquid level gauges are important because they allow businesses to monitor the levels of liquids in their containers, which can help them make decisions about when to refill or empty those containers.
Tank level gauges:
Tank level gauges are used to measure the liquid level in bulk storage tanks. It is a mechanical device that consists of a float, which rides on an arm and indicates the level of liquid present in the tank by making contact with one or more cups. The number of cups can be changed according to requirements depending upon fill/drain type and size of tank.
Fuel level gauges:
Fuel level gauges are used to measure the fuel in vehicles. They are also known as petrol gauges or gas guages. These devices work on the principle of hydrometer, which is a device that measures the water content in a liquid. The working principle of fuel level gauge is based on capacitive sensing technology where electrical signals generated by an electronic circuit within the instrumented tank and then converted into digital form that represents amount of liquid present in it at any particular time.
Application Insights:
The oil and gas industry was the dominant segment in terms of demand and accounted for a volume share of over 30% in 2017. The liquid level gauges market is witnessing growing adoption across the oil and gas industry owing to its critical applications such as monitoring, controlling, & maintaining production equipment at desired levels. Furthermore, increasing investments by major players such as Saudi Arabia in developing new sources of crude oil will drive the growth further.
Liquid level gauges are used extensively across various industries including chemicals & petrochemicals, power generation plants among others which include water & wastewater treatment plants. These devices help measure liquids ranging from acids to alkalis with high accuracy thereby making them suitable for industrial use.
Regional Analysis:
Asia Pacific liquid level gauges market is expected to witness significant growth over the forecast period owing to the increasing demand for petroleum products and chemicals. The growing oil and gas industry in China, India, Japan, South Korea, Taiwan and Indonesia is also anticipated to drive regional growth. In addition, rising government investments in liquefied natural gas (LNG) terminals are likely to boost product demand over the coming years.
The Middle East & Africa was one of the largest regions accounting for a share of more than 20% in 2017 owing to high crude oil production levels across major countries including Saudi Arabia and Nigeria coupled with steady industrial development activities along with rapid economic expansion especially due to low priced energy resources that have encouraged industries from various sectors such as petrochemicals; power; water treatment; etc., which has led it being called as ‘the new breadbasket’ of this region.
Growth Factors:
- Increasing demand from process industries: The process industries are the key end-users of liquid level gauges. The growth in the process industries is expected to drive the demand for liquid level gauges in the coming years.
- Growing popularity of smart sensors: Smart sensors are gaining popularity due to their ability to provide accurate and real-time data. This is expected to boost the demand for liquid level gauges in the near future.
- Rising investment in oil & gas sector: The oil & gas sector is witnessing a rise in investment, which is likely to spur growth of the Liquid Level Gauges market during the forecast period.
- Technological advancements: Rapid technological advancements are taking place across different industry verticals, which is resulting in introduction of new and innovative products into the market, including liquid level gauges . This is anticipated to fuel growth of this market during forecast period . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Level Gauges Market Research Report
By Type
Tank level gauges, Fuel level gauges, Water level gauges
By Application
Oil and Gas Industry, Chemicals And Petrochemicals Industry, Power Industry, Water and Wastewater Industry, Other Industries
By Companies
ABB, Emerson, Honeywell, Krohne, PSM Instrumentation, Wika
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Level Gauges Market Report Segments:
The global Liquid Level Gauges market is segmented on the basis of:
Types
Tank level gauges, Fuel level gauges, Water level gauges
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 Industry, Chemicals And Petrochemicals Industry, Power Industry, Water and Wastewater Industry, Other Industries
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
Highlights of The Liquid 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 gauges
- Fuel level gauges
- Water level gauges
- By Application:
- Oil and Gas Industry
- Chemicals And Petrochemicals Industry
- Power Industry
- Water and Wastewater Industry
- Other Industries
- 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 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
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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 are used to measure the liquid level in a container. They typically have a pointer that moves up and down as the liquid levels change, and an indicator light that tells you how high the liquid is in the container.
Some of the key players operating in the liquid level gauges market are ABB, Emerson, Honeywell, Krohne, PSM Instrumentation, Wika.
The liquid level gauges market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liquid 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 Liquid Level Gauges Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Liquid 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 Liquid 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 Liquid Level Gauges Market Size & Forecast, 2020-2028
4.5.1 Liquid Level Gauges Market Size and Y-o-Y Growth
4.5.2 Liquid Level Gauges Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Tank level gauges
5.2.2 Fuel level gauges
5.2.3 Water level gauges
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Oil and Gas Industry
6.2.2 Chemicals And Petrochemicals Industry
6.2.3 Power Industry
6.2.4 Water and Wastewater Industry
6.2.5 Other Industries
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquid 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 Liquid 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Tank level gauges
9.6.2 Fuel level gauges
9.6.3 Water level gauges
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 Market Size Forecast by Applications
9.10.1 Oil and Gas Industry
9.10.2 Chemicals And Petrochemicals Industry
9.10.3 Power Industry
9.10.4 Water and Wastewater Industry
9.10.5 Other Industries
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Tank level gauges
10.6.2 Fuel level gauges
10.6.3 Water level gauges
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 Market Size Forecast by Applications
10.10.1 Oil and Gas Industry
10.10.2 Chemicals And Petrochemicals Industry
10.10.3 Power Industry
10.10.4 Water and Wastewater Industry
10.10.5 Other Industries
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Tank level gauges
11.6.2 Fuel level gauges
11.6.3 Water level gauges
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 Market Size Forecast by Applications
11.10.1 Oil and Gas Industry
11.10.2 Chemicals And Petrochemicals Industry
11.10.3 Power Industry
11.10.4 Water and Wastewater Industry
11.10.5 Other Industries
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Tank level gauges
12.6.2 Fuel level gauges
12.6.3 Water level gauges
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 Market Size Forecast by Applications
12.10.1 Oil and Gas Industry
12.10.2 Chemicals And Petrochemicals Industry
12.10.3 Power Industry
12.10.4 Water and Wastewater Industry
12.10.5 Other Industries
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Tank level gauges
13.6.2 Fuel level gauges
13.6.3 Water level gauges
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) Market Size Forecast by Applications
13.10.1 Oil and Gas Industry
13.10.2 Chemicals And Petrochemicals Industry
13.10.3 Power Industry
13.10.4 Water and Wastewater Industry
13.10.5 Other Industries
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 Market: Competitive Dashboard
14.2 Global Liquid Level Gauges 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
