Lucintel Forecasts the Global Non Contact Radar Level Transmitter Market is expected to grow with a CAGR of 7.2% from 2024 to 2030

According to a market report by Lucintel, the future of the global non contact radar level transmitter market looks promising with opportunities in the oil and gas, pharmaceutical and biotech, power generation, chemical, and food and beverage markets. The global non contact radar level transmitter market is expected to grow with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are increasing automation and use of the Industrial Internet of Things (IIoT) across a range of industries, heightened awareness of environmental sustainability and laws pertaining to leak and spill avoidance, as well as, growing demand for accurate and reliable level measurement devices.

A more than 150-page report to understand trends, opportunity and forecast in non contact radar level transmitter market to 2030 by type (guided-wave radar level transmitter and non-contact wave radar level transmitter), application (oil and gas, pharmaceutical and biotech, power generation, chemical, food and beverage, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that non-contact wave radar level transmitter is expected to witness the higher growth over the forecast period due to improvements in antenna design and signal processing are enhancing accuracy and reducing susceptibility to interference.

Within this market, oil and gas will remain the largest segment due to its reliance on reliable and accurate level measurement in tanks, pipelines, and storage facilities.

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APAC will remain the largest region over the forecast period due to increased investment in infrastructure development, industrial automation, and manufacturing and this fuels demand for non-contact radar level transmitters in various industries.

Kandui, Universal Masterbatch, ALOK, Rowa, RTP, PolyOne, Clariant are the major suppliers in the non contact radar level transmitter market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056

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