Thursday 5 February 2015, Amsterdam
The new report recognizes the following companies as the key players in Global Radar Level Transmitter Market: ABB Ltd., Emerson Electric Co., Siemens AG, Endress+Hauser Holding AG, Invensys plc, Magnetrol International Inc., VEGA Grieshaber KG, Yokogawa Electric Corp.
Commenting on the report, an analyst from the new reports team said: “The Global Radar Level Transmitter market is witnessing the wide adoption of non-contact level transmitters. The main reason for this is their high accuracy and resistance to the physical properties of liquids. Hence, the advantages of non-contact level transmitters in providing better operational performance with lower replacement costs are expected to encourage the Global Radar Level Transmitter market during the forecast period.”
According to the report, one of the main factors is the increasing CAPEX by the Energy sector. Manufacturing companies are focusing mainly on increasing their production capacity and are making huge investments in building their control mechanism infrastructure.
Further, the report states that focus on after-sales technical services is one of the major challenges. The organizational change required to address customers' after-sales grievances is expected to increase the cost of sales for the vendors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Publish date : May 2014
Report code : ASDR-109597
Pages : 51