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The global level gauge market size reached approximately USD 1.61 billion in 2023. The market is further projected to grow at a CAGR of 5.1% between 2024 and 2032, reaching a value of USD 2.53 billion by 2032.
Level gauges refer to measuring and sensing equipment that are used for detecting the level of gas or fluid in a storage tank or similar containers. These devices are employed in various industrial processes for measuring fluid levels in pressure vessels, drums, and tanks, among others.
On the basis of type, the market is divided into tank level gauges, fuel level gauges, water level gauges, and mechanical level gauges. Based on technology, the market is classified into magnetic, reflexive, and transparent, among others.
On the basis of end use, the market is categorised into oil and gas, chemical, water treatment, and marine, among others. Based on region, the level gauge market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Transparent technology is anticipated to account for a significant level gauge market share in the coming years. The growing demand for petrochemicals, chemicals, and fertilisers is bolstering the segment growth and market expansion. Transparent level gauges allow the accurate measurement of fluid levels at high temperature and pressure. These gauges are best suited for interface liquid applications and chromatic liquids.
North America accounts for a significant share of the market. This growth can be attributed to the technological developments in the food processing, chemical, petrochemical, and pharmaceutical sectors, among others and rising adoption of automation. The expansion of the oil and gas sector is boosting the level gauge market demand. The increasing requirement for measurement equipment from various downstream and midstream sectors is further supporting the market expansion.
ABB Ltd., headquartered in Zurich, Switzerland, is a leading automation machinery manufacturing company that was founded in 1988. The company specialises in level gauges, electric vehicles, semiconductors, marine vessels, and motors and generators, among others.
Honeywell International Inc. is an electronics manufacturing company that was founded in North Carolina, United States. The company manufactures and invents technologies for addressing various challenges linked with energy, safety, and security.
Emerson Electric Co. is an industrial machinery manufacturing company that specialises in food waste solutions, advanced manufacturing technologies, industrial automation, software, sensors, and level gauges, among others. The company was founded in 1890 and is headquartered in Missouri, United States.
Other level gauge market key players include JOGLER LLC, KROHNE Messtechnik GmbH, KOBOLD Instruments, Inc., OMEGA Engineering, Haci Ayvaz End. Mam. San. Tic. A.S., and Krueger Sentry Gauge, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Technology |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Level Gauge Market Analysis
8.1 Key Industry Highlights
8.2 Global Level Gauge Historical Market (2018-2023)
8.3 Global Level Gauge Market Forecast (2024-2032)
8.4 Global Level Gauge Market by Type
8.4.1 Tank Level Gauges
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Fuel Level Gauges
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Water Level Gauges
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Mechanical Level Gauges
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global Level Gauge Market by Technology
8.5.1 Magnetic
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Reflexive
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Transparent
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Level Gauge Market by End Use
8.6.1 Oil and Gas
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Chemical
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Water Treatment
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Marine
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Level Gauge Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Level Gauge Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Level Gauge Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Level Gauge Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Level Gauge Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Level Gauge Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 ABB Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Honeywell International Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Emerson Electric Co.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 JOGLER LLC
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 KROHNE Messtechnik GmbH
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 KOBOLD Instruments, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 OMEGA Engineering
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Haci Ayvaz End. Mam. San. Tic. A.S.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Krueger Sentry Gauge
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Level Gauge Market: Key Industry Highlights, 2018 and 2032
2. Global Level Gauge Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Level Gauge Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Level Gauge Historical Market: Breakup by Technology (USD Billion), 2018-2023
5. Global Level Gauge Market Forecast: Breakup by Technology (USD Billion), 2024-2032
6. Global Level Gauge Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Global Level Gauge Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Global Level Gauge Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Level Gauge Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Level Gauge Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Level Gauge Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Level Gauge Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Level Gauge Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Level Gauge Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Level Gauge Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Level Gauge Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Level Gauge Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Level Gauge Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Level Gauge Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Level Gauge Market Structure
The market reached a value of approximately USD 1.61 billion in 2023.
The market is projected to grow at a CAGR of 5.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2.53 billion by 2032.
The major market drivers include expansion of the pharmaceutical sector and growing demand for petrochemicals, chemicals, and fertilisers.
The key trends fuelling the growth of the market include increasing utilisation of level gauges in water treatment facilities and rising research and development activities.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end-uses of level gauges include oil and gas, chemical, water treatment, and marine, among others.
The key players in the market are ABB Ltd., Honeywell International Inc., Emerson Electric Co., JOGLER LLC, KROHNE Messtechnik GmbH, KOBOLD Instruments, Inc., OMEGA Engineering, Haci Ayvaz End. Mam. San. Tic. A.S., and Krueger Sentry Gauge, among others.
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