Radar Level Transmitters - Global Strategic Business Report

Global Radar Level Transmitters Market to Reach $706.3 Million by 2030

The global market for Radar Level Transmitters estimated at US$488.5 Million in the year 2022, is projected to reach a revised size of US$706.3 Million by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030. Contact Systems, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$440.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non-Contact Systems segment is readjusted to a revised 5.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $144.4 Million, While China is Forecast to Grow at 4.2% CAGR

The Radar Level Transmitters market in the U.S. is estimated at US$144.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$122.3 Million by the year 2030 trailing a CAGR of 4.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Select Competitors (Total 43 Featured) -

• Magnetrol International, Inc.
• Siemens AG
• VEGA Grieshaber KG
• Yokogawa Electric Corporation

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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• Complimentary updates for one year