Market Overview:
Reflex level gauges are used to measure the level of a liquid in a tank. The gauge consists of a transparent tube with an indicator that moves up or down in response to the level of liquid in the tank. There are different types of reflex level gauges, including tank level, fuel level, water level and mechanicallevel gauges. The global reflexlevel gauges market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth is driven by increasing demand forreflexlevel gaugesin oil & gas and petrochemical applications due to their accuracy and reliability. Additionally, rising demand for reflexlevel gaugesin water treatment and pharmaceutical applications is also contributingto thegrowthofthe market.
Product Definition:
A reflex level gauge is a device used to measure the level of liquid in a container. The gauge consists of a small mirror attached to a lever. As the level of liquid in the container changes, so does the position of the mirror. This change in position is reflected by movement of the pointer on the gauge's dial.
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 float can be manually adjusted or automatically activated by an electric motor connected to it.
The global market for tank-level instruments was estimated at USD 1,64,000 thousand in 2015.
Fuel Level:
The fuel level is the amount of fuel in the tank. It can be measured with a hydrometer, which has a floating wick that can be submerged in the liquid and will float on top when it's full. The other way to measure it is to fill up a measuring cup with gasoline and pour it into an old-style gas tank.
Application Insights:
The oil & gas application segment accounted for the largest market share in 2017 and is projected to witness a CAGR of XX% over the forecast period. The rising demand for level measurement devices in crude oil refining processes is expected to drive product demand over the coming years.
Reflex level gauges are used during natural gas production, processing, transmission and storage operations as well as during coal bed methane extraction activities. They are also used during water treatment processes where raw or processed water is allowed to flow into tanks, pipes or containers through openings or taps at a specific height above ground level so that the liquid does not spill out of its container into surrounding areas due to improper installation or construction of tanks/containers etc., which may lead to environmental pollution and accidents if proper safety measures are not taken beforehand by industry participants involved in such activities.
Regional Analysis:
North America dominated the global reflex level gauges market in 2017. The U.S., in particular, is one of the most lucrative markets for these products owing to the presence of a large number of oil and gas reserves as well as water-rich shale formations. Europe accounted for over 20% share in terms of revenue and is expected to grow at a significant rate over the forecast period due to increasing investments by major oil companies such as Total SA, PKN Orlen SA, ExxonMobil Corp., Shell Chemicals Netherlands BV, etc.
The Asia Pacific region is anticipated to witness substantial growth during the forecast period owing to rapid industrialization coupled with rising demand from end-use industries such as chemical processing and refining (petrochemical), pharmaceuticals & biotechnology (life sciences) along with other energy sectors including power generation.
Growth Factors:
- Increasing demand for level gauges in end-user industries such as oil & gas, chemical, and water & wastewater treatment to accurately monitor the level of fluid or material in a vessel or container.
- Growing popularity of smart level gauges with features such as self-diagnostics, data logging, and communication capabilities for real-time monitoring and control of process variables.
- Proliferation of Internet of Things (IoT) and Industry 4.0 initiatives across various industry verticals that are expected to drive the adoption of smart level gauges with advanced connectivity features.
- Rising investments by manufacturing companies in process automation technologies to improve operational efficiency and product quality. This is expected to create opportunities for reflex level gauges market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Reflex 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
ABB, Emerson, Honeywell, KROHNE, PSM Instrumentation, WIKA, Vadodara
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Reflex Level Gauges Market Report Segments:
The global Reflex 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:
- ABB
- Emerson
- Honeywell
- KROHNE
- PSM Instrumentation
- WIKA
- Vadodara
Highlights of The Reflex 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 Reflex 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?
Reflex Level Gauges are a type of medical equipment used to measure the reflexes of a person. Reflexes are involuntary responses that occur when the body is stimulated. Reflex level gauges can be used to measure how well a person's reflexes are functioning.
Some of the key players operating in the reflex level gauges market are ABB, Emerson, Honeywell, KROHNE, PSM Instrumentation, WIKA, Vadodara.
The reflex 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 Reflex 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 Reflex Level Gauges Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Reflex 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 Reflex 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 Reflex Level Gauges Market Size & Forecast, 2020-2028
4.5.1 Reflex Level Gauges Market Size and Y-o-Y Growth
4.5.2 Reflex 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
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 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 & 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 Reflex 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 Reflex 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
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 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 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
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 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 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
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 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 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
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 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) 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
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) 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 Reflex Level Gauges Market: Competitive Dashboard
14.2 Global Reflex 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
14.3.7 Vadodara
