North America Level Gauge Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Gauge Type (Tank Level, Fuel Level, Water Level, and Mechanical Level), Technology (Magnetic Level Gauge, Reflex Level Gauge, Transparent Level Gauge, Tabular Level Gauge, and Others), and End-User (Oil & Gas, Food & Beverage, Chemical & Petrochemical, Marine, Energy & Power, and Others)
The North America level gauge market is expected to grow from US$ 376.21 million in 2021 to US$ 550.14 million by 2028; it is estimated to register a CAGR of 5.7% from 2021 to 2028.
Automatic tank gauge systems (ATGs) are a significant addition to any fleet's maintenance program. An ATG is an electronic gauge installed within an above- or below-ground tank. ATGs monitor the fuel volume or lubricant level to determine if the tank is leaking liquids. Automatic tank monitoring systems are useful for assessing fluid levels, tank temperature, leak monitoring, and utilization based on volume to alert operators when tank contents are too high or have hit a critical low. Other features of an ATG technology include measuring any gaps in the connections between tanks, pipes, and hose lines and monitoring technology pressurization. Modern ATGs are sophisticated monitoring systems that are either wired or remotely accessed via a wireless modem. ATG ensures product integrity while reducing expensive inventory loss and environmental expenses associated with a leak by continuously monitoring tank contents and temperature. ATGs can detect changes in tank contents and inform operators when a minor or major leak occurs. Further, temperature measurements check the integrity of fluids, such as gasoline, which expands and contracts in reaction to temperature changes. As a few liquids expand and contract, ATG testing necessitates a period after delivery to allow temperature stability within the tank. Moreover, another significant advantage of implementing ATG technology is the guarantee that enough fuel will be available on hand to meet inventory requirements. It notifies when to re-order and refill with an ATG technology. Deliveries can even be automated, allowing facility managers and warehouse operators to focus on other activities.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America level gauge market at a substantial CAGR during the forecast period.
North America Level Gauge Market Revenue and Forecast to 2028 (US$ Million)
North America Level Gauge Market Segmentation
The North America level gauge market is segmented into gauge type, technology, end-user, and country. Based on gauge type, the market is categorized into tank level, fuel level, water level, and mechanical level. In 2021, the tank level segment held the largest share of the market; and the fuel level segment is expected to register the highest CAGR during the forecast period. Based on technology, the market is segmented into magnetic level gauge, reflex level gauge, transparent level gauge, and tubular level gauge. In 2021, the magnetic level gauge segment held the largest market share; and it is also expected to register the highest CAGR in the market during the forecast period. Based on end-user, the market is segmented into oil & gas, food & beverage, chemical & petrochemical, marine, energy & power, and others. In 2021, the chemical & petrochemical segment held the largest share of the market; and it is also expected to register the highest CAGR during the forecast period. Based on country, the North America level gauge market is segmented into the US, Canada, and Mexico. In 2021, the US held the largest market share; and Canada is expected to grow at the highest CAGR during the forecast period.
ABB Ltd., Barksdale Inc., Ayvaz, BinMaster, Jogler LLC, KOBOLD Messring GmbH, KROHNE Messtechnik GmbH, and Krueger Sentry Gauge Co. are among the leading companies operating in the North America level gauge market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Level Gauge Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Level Gauge Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Burgeoning Deployment of Automatic Tank Gauge Systems
5.2 Market Restraints
5.2.1 Freezing of Measurement Equipment in Underground Tanks
5.3 Market Opportunities
5.3.1 Elevating Use of Level Gauge to Measure Water Level
5.4 Future Trends
5.4.1 Incorporation of Sensors in Measurement Systems
5.5 Impact Analysis of Drivers and Restraints
6. North America Level Gauge Market Analysis
6.1 North America Level Gauge Market Overview
6.2 North America Level Gauge Market Revenue and Forecast to 2028 (US$ Million)
7. North America Level Gauge Market Analysis – By Gauge Type
7.1 Overview
7.2 North America: Level Gauge Market Breakdown, by Gauge Type
7.3 Tank Level
7.3.1 Overview
7.3.2 Tank Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Fuel Level
7.4.1 Overview
7.4.2 Fuel Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Water Level
7.5.1 Overview
7.5.2 Water Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Mechanical Level
7.6.1 Overview
7.6.2 Mechanical Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Level Gauge Market – By Technology
8.1 Overview
8.2 North America: Level Gauge Market Breakdown, by Technology
8.3 Magnetic Level Gauge
8.3.1 Overview
8.3.2 Magnetic Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Reflex Level Gauge
8.4.1 Overview
8.4.2 Reflex Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Transparent Level Gauge
8.5.1 Overview
8.5.2 Transparent Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Tabular Level Gauge
8.6.1 Overview
8.6.2 Tabular Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Level Gauge Market – By End-User
9.1 Overview
9.2 North America: Level Gauge Market Breakdown, by End-User
9.3 Oil & Gas
9.3.1 Overview
9.3.2 Oil & Gas: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Food & Beverage
9.4.1 Overview
9.4.2 Food & Beverage: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Chemical and Petrochemical
9.5.1 Overview
9.5.2 Chemical & Petrochemical: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Marine
9.6.1 Overview
9.6.2 Marine: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Energy & Power
9.7.1 Overview
9.7.2 Energy & Power: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Level Gauge Market – Country Analysis
10.1 Overview
10.1.1 North America: Level Gauge Market Breakdown, by Country
10.1.1.1 US Level Gauge Market: Revenue and Forecast to 2028
10.1.1.1.1 US: Level Gauge Market Breakdown, by Gauge Type
10.1.1.1.2 US: Level Gauge Market Breakdown, by Technology
10.1.1.1.3 US: Level Gauge Market Breakdown, by End-User
10.1.1.2 Canada Level Gauge Market: Revenue and Forecast to 2028
10.1.1.2.1 Canada: Level Gauge Market Breakdown, by Gauge Type
10.1.1.2.2 Canada: Level Gauge Market Breakdown, by Technology
10.1.1.2.3 Canada: Level Gauge Market Breakdown, by End-User
10.1.1.3 Mexico Level Gauge Market: Revenue and Forecast to 2028
10.1.1.3.1 Mexico: Level Gauge Market Breakdown, by Gauge Type
10.1.1.3.2 Mexico: Level Gauge Market Breakdown, by Technology
10.1.1.3.3 Mexico: Level Gauge Market Breakdown, by End-User
11. Company Profiles
11.1 ABB Ltd.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Barksdale Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Ayvaz
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 BinMaster
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Jogler, LLC
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 KOBOLD Messring GmbH
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 KROHNE Messtechnik GmbH
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Krueger Sentry Gauge Co.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. North America North America Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Level Gauge Market, Revenue and Forecast To 2028 – By Country (US$ Million)
Table 3. US Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 4. US Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 5. US Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 6. Canada Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 7. Canada Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 8. Canada Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 9. Mexico Level Gauge Market: Revenue and Forecast to 2028 – By Gauge Type (US$ Million)
Table 10. Mexico Level Gauge Market: Revenue and Forecast to 2028 – By Technology (US$ Million)
Table 11. Mexico Level Gauge Market: Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Level Gauge Market Segmentation
Figure 2. North America Level Gauge Market Segmentation – By Country
Figure 3. North America Level Gauge Market Overview
Figure 4. Tank Level Segment held the Largest Share in 2021
Figure 5. The US held the Largest Share in 2021
Figure 6. North America Level Gauge Market: Ecosystem Analysis
Figure 7. North America Level Gauge Market: Expert Opinion
Figure 8. North America Level Gauge Market: Impact Analysis of Drivers and Restraints
Figure 9. North America Level Gauge Market Revenue and Forecast to 2028 (US$ Million)
Figure 10. North America: Level Gauge Market Breakdown, by Gauge Type, 2021 & 2028 (%)
Figure 11. Tank Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Fuel Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Water Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Mechanical Level: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America: Level Gauge Market Breakdown, by Technology, 2021 & 2028 (%)
Figure 16. Magnetic Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Reflex Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Transparent Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Tabular Level Gauge: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America: Level Gauge Market Breakdown, by End-User, 2021 & 2028 (%)
Figure 22. Oil & Gas: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Food & Beverage: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Chemical & Petrochemical: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Marine: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Energy & Power: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Others: Level Gauge Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Level Gauge Market – Geographic Analysis
Figure 29. North America: Level Gauge Market Breakdown, by Country, 2021 & 2028 (%)
Figure 30. US Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 31. Canada Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
Figure 32. Mexico Level Gauge Market: Revenue and Forecast to 2028 (US$ Million)
- ABB Ltd.
- Barksdale Inc.
- Ayvaz
- BinMaster
- Jogler, LLC
- KOBOLD Messring GmbH
- KROHNE Messtechnik GmbH
- Krueger Sentry Gauge Co.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America level gauge market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America level gauge market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the level gauge market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution