Market Overview:
The global transparent level gauges 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 transparent level gauges in various applications, such as oil & gas, petrochemical, water treatment, pharmaceuticals and biotech industries. In addition, the growing demand for transparent level gauges from emerging economies is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period. On basis of type, tank level gauge segment is expected to hold major share in global transparent level gauges market during forecast period owing to its wide usage across various industrial verticals for accurate measurement of fluid levels inside tanks or vessels.
Product Definition:
Transparent level gauges are devices used to measure the level of a liquid in a container. The gauge is made of glass or plastic so that the user can see the level of liquid inside. This type of gauge is important because it allows the user to monitor the level of liquid without having to open the container.
Tank Level:
Tank level is a device used to measure the liquid level in storage tanks. It consists of a float, which is connected by a flexible hose to an airtight reservoir. The airtight reservoir has an outlet and two sides; when the float is submerged under the liquid surface, it will be able to maintain its position due to pressure inside it.
The tank level indicator shows levels through an transparent window located at the side of the float.
Fuel Level:
The fuel level in a vehicle is the amount of liquid left in the fuel tank when it is empty. It can be determined by two methods, namely looking at the dipstick and observing whether it has been inserted all the way to its mark or by using a spirit level gauge. The latter method is more accurate as long as there are no air spaces between the filler pipe and where ever else it may go into.
Application Insights:
The oil & gas industry dominated the global transparent level gauges market accounting for over 24.0% of the overall revenue in 2017. The rising need for monitoring and controlling the flow of crude oil into tanks to avoid any leakage or spillage is expected to be a key factor driving product demand in this application segment over the forecast period. In addition, these devices help measure liquids with optical clarity such as natural gas, kerosene, diesel and lubricants among others which are used in various industries including power generation and pharmaceuticals among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for petroleum products in emerging economies, such as China and India. In addition, rising government initiatives coupled with growing investments by multinational companies are anticipated to drive regional market growth. For instance, in September 2017, Sinopec invested USD X billion for constructing a gas station with an attached petrochemical complex in Indonesia’s Sumatra province that will start operating from 2019.
The Middle East & Africa is also likely to witness significant growth owing to increasing oil production across countries including Saudi Arabia and UAE due to increased investment by multinational companies along with favorable political situations are some of the major factors driving this regional market over the forecast period.
Growth Factors:
- Increasing demand from process industries: The process industries are the key end-users of transparent level gauges. The growth in the process industries is expected to drive the demand for transparent 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 transparent level gauges in the near future.
- Rising awareness about safety and environment: There is an increasing awareness among consumers about safety and environment issues, which is driving them towards using products that are safe and eco-friendly. This is likely to create opportunities for transparent level gauge manufacturers in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Transparent 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
KLINGER, ABB, Emerson, Honeywell, KROHNE, PSM Instrumentation, WIKA, IGEMA, Simco
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
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Transparent Level Gauges Market Report Segments:
The global Transparent 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:
- KLINGER
- ABB
- Emerson
- Honeywell
- KROHNE
- PSM Instrumentation
- WIKA
- IGEMA
- Simco
Highlights of The Transparent 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 Transparent 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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- Consumer Insights
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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?
Transparent Level Gauges are a type of gauge that is used to measure the transparency of liquids or gases. They are often used in laboratories to determine how much light passes through a liquid or gas sample.
Some of the key players operating in the transparent level gauges market are KLINGER, ABB, Emerson, Honeywell, KROHNE, PSM Instrumentation, WIKA, IGEMA, Simco.
The transparent 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 Transparent 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 Transparent Level Gauges Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Transparent 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 Transparent 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 Transparent Level Gauges Market Size & Forecast, 2020-2028 4.5.1 Transparent Level Gauges Market Size and Y-o-Y Growth 4.5.2 Transparent 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 Transparent 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 Transparent 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 Transparent Level Gauges Market: Competitive Dashboard
14.2 Global Transparent Level Gauges Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KLINGER
14.3.2 ABB
14.3.3 Emerson
14.3.4 Honeywell
14.3.5 KROHNE
14.3.6 PSM Instrumentation
14.3.7 WIKA
14.3.8 IGEMA
14.3.9 Simco