Radar Level Transmitter Market expected to be worth $581.2 million by 2023

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Radar Level Transmitter Market by Technology (Contact (Guided Wave Radar), Noncontact (Pulsed & FMCW)), Frequency (C & X, K, and W Band), Application (Liquids, Solids), Industry (Oil & Gas, Chemicals, Food & Beverages), and Region - Global Forecast to 202

(EMAILWIRE.COM, September 13, 2018 ) The radar level transmitter market is expected to be valued at USD 581.2 million by 2023, growing at a CAGR of 6.3% from 2018 to 2023. Benefits of high accuracy, reliability, and stability offered by radar level transmitters, increasing demand for radar level transmitter in the water & wastewater industry, and growing emphasis on optimum utilization and efficiency of assets are the key factors driving the market’s growth. However, fluctuating market trends observed in mature end-use industries are likely to hamper the demand for radar level transmitters.

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The market for noncontact radar level transmitters is likely to exhibit a significant growth during the forecast period. Noncontact radar level transmitters have been widely adopted throughout the process industry as an easy-to-use and low-maintenance level measurement solution. These transmitters operate on microwave signals in the frequency ranges of C-band (~6 GHz), X-band (~10 GHz), K-band (~26 GHz), and lower parts of W-band (75–85 GHz). They offer better value over other level measurement technologies as they can accurately and reliably measure product levels even under conditions such as condensation, steam generation, dust, noise, pressure variation, and temperature fluctuations.

The market for solids measurement applications is expected to grow at a higher CAGR than liquids, slurries, and interfaces applications from 2018 to 2023. With an increasing adoption in industries such as food & beverages, cement, and metals & mining, the demand for radar level transmitters is likely to grow for solids measurement applications during the forecast period. In solids applications, condensation is a common factor; guided wave radar are suitable for such conditions, and are used for measuring various substances such as bulk solids, cement silos, and grain silos.

The market for the water & wastewater industry is expected to grow at the highest CAGR amongst all industries during the forecast period. Chemical and physical properties of processed water can change drastically with varying compositions of different acids, flocculants, surfactants, or other chemicals used during treatment processes. These constant changes in water prevent traditional level measurement technologies from working accurately. For such extreme conditions, radar level transmitters are used as they provide the accuracy needed for applications in the water & wastewater industry.

The market for W band (~80 GHz) frequency range is expected to grow at the highest CAGR amongst all frequency bands during the forecast period. W band radar level transmitters operate in the frequency range of 75 to 85 GHz. W band radar transmitters offer superior signal focusing as compared to C, X, and K band transmitters. The use of 80 GHz transmission frequency has improved focusing of radar transmitters, allowing for more accurate and reliable measurements in tanks with agitators, heating coils, and other internal obstructions. Additionally, greater transmission frequency of these transmitters allow using smaller antennas, making them ideal for retrofitting and smaller tanks.

APAC is the emerging market for radar level transmitters. Developing countries in APAC, such as China and India, are witnessing rapid industrial growth, and various APAC governments are striving to improve wastewater treatment facilities through stringent environmental regulations that support the demand for products required in water & wastewater treatment units such as radar level transmitters. Moreover, factors such as growing demand for petroleum products and increasing number of power generation projects in APAC will likely contribute to the growth of the radar level transmitter market.

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