Portland, OR -- (SBWIRE) -- 09/01/2017 -- Level gauges facilitate measurement or indicate the level of fluids in tanks for industrial applications. These low costs yet solutions provide measurement of hazardous fluids in industries without risking the safety of workforce. Further, the ability to sustain high pressure, vibration, and temperature augments the durability of level gauges in process tanks and storage for industrial environment.
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Factors such as increase in adoption of programmable level gauges and automated alarm systems drive the growth of this market. However, sanitary ratings of gauges in beverage and pharmaceutical continue to restrain the growth of this market. Opportunities such integration of sensors and Internet of Things (IoT) can increase the scope of level gauges in industrial application.
The global level gauge market is segmented on the basis of type, technology, end-user industry, and geography. By type, the market is divided into tank level, fuel level, water level, and mechanical level gauges. Based on technology, it is classified into magnetic, reflexive, bi-color, transparent, and others. By end-user industry, the market is categorized into oil & gas, petrochemical, water treatment, pharmaceutical, bio-tech, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Key players profiled in the report include ABB Measurement & Analytics, Barksdale Control Products, jbj Techniques Limited, JOGLER, Inc., Keller America, Inc., KOBOLD Instruments, Inc., Krohne Ltd., Krueger Sentry Gauge Co., OMEGA Engineering, Inc., and SensorsONE, Ltd.
Key Benefits
The study provides an in-depth analysis of the global level gauges market with current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities is provided.
Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global market from 2016 to 2023 is provided to determine the market potential.
Key Market Players Profiled In The Report
- ABB Measurement & Analytics
- Barksdale Control Products
- jbj Techniques Limited
- JOGLER, Inc.
- Keller America, Inc.
- KOBOLD Instruments, Inc.
- Krohne Ltd.
- Krueger Sentry Gauge Co.
- OMEGA Engineering, Inc.
- SensorsONE, Ltd.