Continuous Level Measurement Market Portrays High-End Demand across Major Geographies during 2018-2028 // AMETEK, Inc., Siemens AG, Vega Grieshber AG, Endress+Hauser AG, Emerson Electric Co., and ABB Ltd
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Continuous level measurement systems have been acting as a solution to the limitations of point level measurements that only notify when a solid or liquid media crosses a certain level. As a result, the devices have been finding extensive use in applications that need to track the level of media at every instance. Incorporation of nano-technology in the continuous level measurement devices is geared towards achieving better scalability, precision, and validity of the measurement, thereby augmenting their adoption rate.
Continuous Level Measurement Market – Competitive Landscape
The continuous level measurement market comprise of a large number of players working towards sustaining their position by developing cutting-edge products. Strategic mergers and acquisitions, partnership offering two-way benefits, and launch of joint ventures have been observed in the continuous level measurement market.
The significant players operating in the continuous level measurement market comprise of TE Connectivity Ltd., Texas Instruments Incorporated, Nohken, Inc., Pepperl+Fuchs GmbH, KROHNE Messtechnik GmbH, Fortive Corporation, First Sensor AG, Honeywell International Inc., AMETEK, Inc., Siemens AG, Vega Grieshber AG, Endress+Hauser AG, Emerson Electric Co., and ABB Ltd.
Recently, Emerson Electric Co. announced the launch of Aventics PE5 pressure sensor to enable condition monitoring that reduces costly pneumatic system losses and impacts the overall machine efficiency. The IO-link connection provides extra options for set up and diagnostic.
In April 2019, AMETEK Drexelbrook expanded its product portfolio with the launch of its radar level transmitters of DRX400 and DRX 500 series. Both the radar level transmitters are developed for measuring level, distance, volumes of liquids, slurries, and solids.
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Vega Grieshber AG is headquartered in Schiltach and is working towards developing innovative measurement solutions that offer the ease of operation and installation. It offers optimum safety and reliability to the solutions developed for chemicals, pharmaceuticals, food industry, ships and airplanes, oil platforms, power generation, mining, landfills, sewage treatment plants, and drinking water supply systems. The company operates in over 80 countries with its streamlined network of distributors and suppliers.
Siemens AG is a Germany-based company found in 1847 and possesses competency in financing, construction, project engineering, and business services. The multinational conglomerate company boasts a rich portfolio comprising of products such as PLM software, fire alarms, water treatment systems, railway vehicles, medical technology, power generation technology, and building and industrial automation.
First Sensor AG
First Sensor AG was incorporated in 1991 and is located in Germany. The leading developer produces customized sensor to meet the distinguished needs of the end-users of medical, industrial, and mobile target market. It has a broad portfolio with a wide range of products such as systems for ADAS, IMS, Power Semiconductors, Cameras, Inertial sensors, flow sensors, level sensors, pressure sensors, and optical sensors.
Continuous Level Measurement Market – Dynamics
Emergence of Industrial Automation in Food and Beverage Industries to Reflect on Market Growth
Industrial revolution has been touching various industries with automation, thereby reducing the need for a number of labors to monitor the end-to-end process. Capitalizing on this trend of labor-reduction, industries like food and beverage have been adopting continuous level measurement devices to ensure the effectiveness of the processes, which is likely to uphold their market growth.
Increasing Demand for Radar Level Measurement in Numerous Industries to Boost their Sales Prospects
Radar-based continuous level measurement remains unaffected by the temperature, pressure, dielectric constant, and gravity, which makes them highly efficient for the measurement of media such as grains, salt, tetrachloride, carbon black, titanium, sawdust, soybean oil, animal fat, latex, and paint. In addition, noncontact radar level transmitters are highly employed for measuring liquids for oil and gas, chemicals, food and beverage, and pharmaceuticals industry. Such an upward adoption trend of these devices in numerous industries is likely to bode well for the growth of the continuous level measurement market.
APAC Remains a Lucrative Continuous Level Measurement Market
Availability of cheap labors and low manufacturing costs have significantly influenced the manufacturing activities in APAC region. China and India being the leading market for the manufacturing industry are anticipated to witness augmented production of continuous level measurement devices. Need for clean water from the growing population rate coupled with the large investments in the water and wastewater sector in this region is driving promising opportunities for the continuous level measurement devices to penetrate into the water sector.
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