Level Devices - Radar

The Radar 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 radar level devices market. It is available in multiple editions including worldwide, all regions, and most major countries.

​Wireless Radar Level Devices with Strong Cybersecurity Features Drives Market Growth

This global report covers radar level devices segmented down into two distinct markets based on application: tank gauging (TG) and process level (PL) measurement.  Tank gauging involves the static quantity assessment of liquid products in bulk storage tanks.  Process level refers to continuous level measurement of process tanks, storage tanks, or silos in the process industry.  The measured media are liquids, slurries, and solids.

Users find radar technologies useful for measuring the level of bulk solids, liquids including harsh caustic chemicals, slurries, pastes, powders, and other fluids with a higher degree of accuracy.  Also, reduction in inventory levels and improved production planning are driving customers to use continuous level instead of just point level for measuring high or low levels. In addition to better functionality and intelligence of radar level technology, market growth is also due to falling average selling prices, putting radar devices on a more competitive footing with lower cost level measurement technologies.

The report explores end user perspectives and market dynamics that are impacting the radar level market.  Suppliers can also understand what technological and industry trends are driving the market, where the upcoming demand centers in a region or an industry are, and how suppliers can help users better integrate and utilize intelligent field devices in their plant operations..

Radar Level Devices Strategic Issues

In addition to providing a five-year market forecast, the Radar Level Devices Market Research Report provides detailed quantitative current market data and addresses key strategic issues as follows:

Strategic Issue for Radar Level Device Vendors: Resistance to Change

Owners of existing production and distribution facilities are not fully convinced about retrofitting traditional meters with intelligent meters, despite their higher accuracy.  For example, in the pharmaceutical and consumer packaged goods industries, pressure transmitters and load cells or weigh scales are still used extensively due to their ability to measure full vessel height and for the reliability factor.  These technologies have been around for decades and are well understood.  More education is needed to generate awareness of today’s radar technology and its benefits.

Strategic Issue for Users: Price-sensitive Market in Developing Nations

In countries such as China and India, capital funding is expensive and hence many local manufacturers, with limited financing, are highly cost-conscious.  These end users are more concerned about their ability to make affordable upfront investment, and this often results in low-cost equipment purchases.  The challenge for suppliers is to offer affordable products that have all the necessary functionalities. 

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 level devices, the market projections do take into account industry trends with ARC’s best estimates for how COVID-19 will impact the level devices market in different industries.