Level Gauge Market Projected to Reach $2.06 Billion with 5.8% CAGR by 2029
The Business Research Company’s Level Gauge Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, August 5, 2025 /EINPresswire.com/ -- What Is The Expected CAGR For The Level Gauge Market Through 2025?
In recent times, the market size of the level gauge has witnessed consistent growth. The market is projected to inflate from $1.59 billion in 2024 to around $1.65 billion in 2025, with a compound annual growth rate (CAGR) of 4.0%. This growth during the historical period is credited to factors such as the expansion of industries, adherence to regulatory standards, globalization, and the growth of the energy sector.
Expectations are high for the level gauge market size to experience robust growth in the coming years. The market value is predicted to rise to $2.07 billion by 2029, with a compound annual growth rate (CAGR) of 5.8%. This anticipated expansion during the forecast period is primarily due to factors such as automation trends, environmental consciousness, safety regulations, and digitalization. Key trends influencing this growth during the projection period include the use of smart sensors, wireless solutions, remote monitoring, predictive maintenance, customization, and augmented reality (AR).
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What Are The Key Factors Driving Growth In The Level Gauge Market?
The expansion of the oil and gas sectors is predicted to boost the growth trajectory of this level gauge market. These two sectors serve as pivotal industries within the energy market, employing drilling, storage, and transportation systems for the separation, storage, and processing of oil, natural gas and related slurry through different equipment and tanks. The essential factors for ensuring smooth production and maintaining safety standards include accurate measurement and control of levels. The level of oil is a significant indicator used to compute oil storage accurately, ascertain stock, and perform transportation calculations. The value of these functions has stimulated growth in the oil and gas industry. For instance, in September 2023, a report published by the United Nations Conference on Trade and Development, an intergovernmental organization based in Switzerland, revealed that easing pandemic restrictions led to energy sector oil and gas trading increase by 6.0% and 4.6%, respectively, in 2022. Consequently, the prospering oil and gas industries are bolstering the demand for the level gauge market.
What Are The Top Players Operating In The Level Gauge Market?
Major players in the Level Gauge Global Market Report 2025 include:
• ABB Measurement & Analytics
• Barksdale Inc.
• JBJ Techniques Ltd.
• Jogler LLC
• KOBOLD Instruments Inc.
• KROHNE Messtechnik GmbH
• Krueger Sentry Gauge Co.
• SensorsONE Ltd.
• Keller America Inc.
• Yokogawa Electric Corporation
What Are The Major Trends That Will Shape The Level Gauge Market In The Future?
Leading businesses in the level gauge market are stepping up their competitive game by unveiling innovative products, such as liquid level sensors. These are devices used to determine the amount of liquid within a tank or container. For example, in September 2023, Rochester Sensors, an American firm specializing in level measurement solutions, unveiled their TLL155/TLL156/TLL157 series of liquid level sensors. These devices offer variable resistive, voltage, or current outputs (TLL155 in ohms, TLL156 in volts, and TLL157 in milliamperes), and can be used in conjunction with fuel gauges or programmable logic controllers (PLCs). Features of these sensors include a 316 stainless steel probe available in standard lengths of 500mm or 1000mm, the capability for custom length cutting and magnetic calibration for precise levels, a wide operating temperature range (-40°C to +85°C), resilience to 1 BAR pressure, the ability to withstand a 1-meter fall onto a concrete surface, and functioning on a power range of 9-36 VDC with 80 VDC overvoltage protection.
Comprehensive Segment-Wise Insights Into The Level Gauge Market
The level gaugemarket covered in this report is segmented –
1) By Type: Tank Level, Fuel Level, Water Level, Mechanical Level
2) By Technology: Magnetic Level Gauge, Reflex Level Gauge, Transparent Level Gauge, Tabular Level Gauge
3) By Industry: Oil and Gas, Chemicals, Petro-Chemicals, Pharmaceutical, Other Industries
Subsegments:
1) By Tank Level: Ultrasonic Level Gauges, Capacitive Level Gauges, Radar Level Gauges, Hydrostatic Level Gauges
2) By Fuel Level: Float Level Sensors, Optical Level Sensors, Capacitance Level Sensors
3) By Water Level: Submersible Level Sensors, Pressure Transducers, Tipping Bucket Level Sensors
4) By Mechanical Level: Sight Glass Level Gauges, Magnetic Level Gauges, Mechanical Float Level Gauges
View the full level gauge market report:
https://www.thebusinessresearchcompany.com/report/level-gauge-global-market-report
Global Level Gauge Market - Regional Insights
In the Level Gauge Global Market Report 2025, North America held the top position in terms of market size for the year 2024 and is expected to experience significant growth. The report provides a comprehensive coverage of key regions including Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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