The basic principle of level transmitter is continuous measurement of the level of liquids or solids. It includes the non-contact and contact type which is selected based on the working temperature, environmental conditions, and functionality. The working principle of the level transmitter is based on various technologies such as radar, ultrasonic, capacitive, magnetostrictive, and many others.
Major factors such as rapid industrial automation, well-established end use industries, and high adoption of various level measurement solution for hygienic application in the food and beverage industry across the country are accredited to the growth of the market in NA region. Additionally, factors such as increasing government financial benefits and regulatory support, continuing research and development activities in the field of industrial automation and level measurement, and rapidly improving Canadian and Mexican pharmaceutical and chemical industry are likely to fuel growth of the market across the region.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the level transmitter market. In addition, complete analysis of changes on level transmitter market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on regional economies, international trade, business investments, GDP and marketing strategies of key players present in the market. COVID-19 impact on the level transmitter market was moderate owing to the decline in demand from chemical, oil and gas, food and beverage and pharmaceutical industries.
The study analyses North America level transmitter market based on technology, type, industry and geography.
Based on technology, the market is segmented into capacitive, differential pressure/hydrostatic, magnetostrictive, radar, radiometric, ultrasonic, and others. Magnetostrictive segment dominated the market in 2020. A rising significance of magnetostrictive level transmitter in water and wastewater treatment industry to measure the liquid level in a tank and level control when pumps start and stop is major factor behind the growth of the segment.
Types such as contact and non-contact level transmitters are covered in the global level transmitter market report. Non-contact level segment dominated the North America level transmitter market in 2020. A surged demand for non-contact type level transmitters in various end use industries as it offers benefits such as quick response, long life, consistent performance, high reliability, and resistance to dust and dirt is accredited to the growth of the segment.
Based on industry, chemical industry is projected to account for second-largest market share of the North America level transmitter market. The chemical industry of the NA region is growing at a rapid pace over the past few decades. An increased adoption of reliable and accurate level measurement devices such as level transmitters in chemical industry to face challenges such as safety norms and regulations, corrosive liquids and environment, and high pressure & temperature conditions during chemical manufacturing operations is accredited to the segment growth.
Country wise, the study is comprised of the key countries such as the US, Canada and Mexico. The US held the largest market share of North America level transmitter market and is likely to dominate the market over the estimated time frame. Major factors such as growing manufacturing output of the country, the massive presence of several leading level transmitter manufacturing companies such as Emerson, Honeywell, Ametek, and many others, and increasing availability of natural gas are contributing to the market growth in the country.
The major key players of market includes ABB, Ametek, Dwyer Instruments, Emerson Electric, Endress+Hauser, Honeywell International, Krohne Messtechnik, Magnetrol International, Schneider Electric, Siemens, Sor Inc, Vega Grieshaber, Wika, Yokogawa Electric, Spectris (Omega Engineering), Bürkert, Gf Piping Systems, L&J Technologies, Viatran, and Monitor Technologies LLC.
The study analyses North America level transmitter market based on technology, type, industry and geography. Level Transmitter market by technology is segmented into capacitive, differential pressure/hydrostatic, magnetostrictive, radar, radiometric, ultrasonic, and others. The magnetostrictive segment is likely to dominate the market over the forecast period. Increased adoption of magnetostrictive level transmitters owing to its several benefits such as low cost and high resistance property is attributed to the market growth. By type, the market is segmented into contact and non-contact. The market finds application in industries such as chemicals, food & beverages, metals & mining, oil & gas, pharmaceuticals, power, water & wastewater, others. The oil & gas industry is likely to register fastest growth in years to come owing to the growing adoption of level transmitters in oil and gas sector across the globe. Country wise, the study is comprised of the United States, Canada, and Mexico.
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