Level Gauge Market Report and Forecast 2025-2034

The global level gauge market size reached approximately USD 1.61 Billion in 2024. The market is further projected to grow at a CAGR of 5.10% between 2025 and 2034, reaching a value of USD 2.65 Billion by 2034.

Key Trends in the Market

Level gauges refer to measuring and sensing equipment that are used for detecting the level of gas or fluid in a storage tank or similar containers. These devices are employed in various industrial processes for measuring fluid levels in pressure vessels, drums, and tanks, among others.

• The expansion of the pharmaceutical sector is aiding the level gauge market growth. The high accuracy level of the instruments makes them suitable for various applications in the drug manufacturing processes.
• The increasing utilisation of level gauges in water treatment facilities is providing lucrative growth opportunities to the market. Various drinking water facilities often use level gauges and sensors for monitoring different filtration processes and water sources.
• The rising research and development activities to enhance the accuracy of the product is supporting the market expansion. Moreover, the utilisation of automated level gauges offers real-time display with enhanced accuracy and provides different advanced functions including leak detection and storage volume.

Global Level Gauge Market Segmentation

Level Gauge Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Breakup by Type

• Tank Level Gauges
• Fuel Level Gauges
• Water Level Gauges
• Mechanical Level Gauges

Breakup by Technology

• Magnetic
• Reflexive
• Transparent
• Others

Breakup by End Use

• Oil and Gas
• Chemical
• Water Treatment
• Marine
• Others

Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Share by Technology

Transparent technology is anticipated to account for a significant level gauge market share in the coming years. The growing demand for petrochemicals, chemicals, and fertilisers is bolstering the segment growth and market expansion. Transparent level gauges allow the accurate measurement of fluid levels at high temperature and pressure. These gauges are best suited for interface liquid applications and chromatic liquids.

Market Share by Region

North America accounts for a significant share of the market. This growth can be attributed to the technological developments in the food processing, chemical, petrochemical, and pharmaceutical sectors, among others and rising adoption of automation. The expansion of the oil and gas sector is boosting the level gauge market demand. The increasing requirement for measurement equipment from various downstream and midstream sectors is further supporting the market expansion.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

ABB Ltd.

ABB Ltd., headquartered in Zurich, Switzerland, is a leading automation machinery manufacturing company that was founded in 1988. The company specialises in level gauges, electric vehicles, semiconductors, marine vessels, and motors and generators, among others.

Honeywell International Inc.

Honeywell International Inc. is an electronics manufacturing company that was founded in North Carolina, United States. The company manufactures and invents technologies for addressing various challenges linked with energy, safety, and security.

Emerson Electric Co.

Emerson Electric Co. is an industrial machinery manufacturing company that specialises in food waste solutions, advanced manufacturing technologies, industrial automation, software, sensors, and level gauges, among others. The company was founded in 1890 and is headquartered in Missouri, United States.

Other level gauge market key players include JOGLER LLC, KROHNE Messtechnik GmbH, KOBOLD Instruments, Inc., OMEGA Engineering, Haci Ayvaz End. Mam. San. Tic. A.S., and Krueger Sentry Gauge, among others.