Level Devices - Hydrostatic

The Hydrostatic Level Devices Market Research Study delivers current market analysis plus a five year market and technology forecast. The study also takes a closer look at upcoming market and technology trends related to the hydrostatic level devices market.  It is available in multiple editions including worldwide, all regions, and most major countries.

​Hydrostatic Level Devices: Demand from Developing Nations to Drive Growth

This global report covers pressure-based hydrostatic level devices that are widely used in numerous liquid level measuring applications.  These devices still retain their dominant share in the electronic level measurement market.  Continual improvements and additions in the device features like self-diagnostics, increased accuracy, performance under high pressure and temperature conditions, and long-term stability are expected to keep the hydrostatic market share from declining.

This report further explores how rising preference for non-invasive level devices could impact the growth of the hydrostatic market, going forward.  As industrial applications become more demanding, hydrostatic devices are being upgraded to meet new level measurement requirements or substitute other level technologies.  Moreover, when offering devices with advanced detection capabilities, suppliers are opting for different approaches in handling their product portfolios.

Greenfield projects in emerging economies of Southeast Asia, including Thailand, Vietnam, and Malaysia; Asia Pacific; Central Asia; the Middle East; and countries like China and India will offer growth opportunities for automation suppliers. Also, new oil field and transportation projects in developing countries such as India and China will drive the hydrostatic level devices market. 

Hydrostatic Level Devices Strategic Issues

In addition to providing a five-year market forecast, the hydrostatic level devices market research report provides detailed quantitative current market data and addresses key strategic issues as follows:

Strategic Issue for Vendors: Competition from Other Level Measurement Devices

Overall, price of radar is decreasing as more vendors enter the market and component parts are becoming more affordable.  Moreover, given the ever-improving versatility of these devices, radar is fast gaining user acceptance.  At lower price levels, radar has become increasingly competitive with pressure-based level measuring technologies. The competition from radar and other level devices will be a major issue for hydrostatic level devices. 

Strategic Issue for Users: Volatile Markets

Volatile markets cause disruptions to every industry.  For instance, fluctuations in the price of oil and commodities can fundamentally shift operating and investment priorities.  Now, when the price of oil is low, oil projects in the upstream industry are being held back.  Growing strength of ISIS, political turmoil in the Middle East, and ongoing immigrant crisis in Europe are also among factors adding to the volatility in the global market.

Strategic Issue for All Market Participants: COVID-19 Pandemic

The COVID-19 outbreak has caused disruptions to global supply chains and business operations.  While the pandemic did not impact the 2019 demand for hydrostatic level devices, the market projections do take into account industry trends with ARC’s best estimates for how COVID-19 will impact the hydrostatic level devices market in different industries.