Liquid Level Measurement

An August 2005 report by Venture Development Corporation (www.vdc-corp.com) Global Process Level Measurement and Inventory Tank Gauging Markets ($12950) covers products supplied by companies such as ABB, Ametek, Dwyer, Endress Hauser, Fisher, Honeywell, Masoneilan Dresser, Mettler Toledo, Ohmart, Rosemount, Siemens, Thermo Electron Teledyne Isco, and Yokogawa.

Worldwide shipments of process level measurement devices are estimated at $1.32 billion in 2005. With increased (CAGR) of 4.4%, shipments will reach $1.64 billion in 2009. Worldwide shipments of inventory tank gauging systems are pegged at $327 million with the massive Asian shipbuilding industry being a major purchaser.

Global Process Level Measurement and Inventory Tank Gauging Markets

Since this is a very current report and can be purchased in segments it will be well worthwhile for those who need very accurate figures to purchase the report. They can then use McIlvaine individual country percentages to drill down farther. For those who are content with rough approximations we provide the following.

Assume that the liquid/solid split is 70/30. This results in a market for liquid process control measurement of $924 million dollars in 2005. The split by industry and country can be roughly estimated by using the McIlvaine ratios for the pumps. (not supplied with basic package but available for $300).

The major applications for the $400 million solids level measurement are aggregates, chemical, food and beverage, mining, pharmaceutical, and plastics.

For rough estimates for any or all countries in any industry insert the following figures for the world 2005:

To obtain the market in any country you can insert the industry numbers to obtain the major applications and use the GDP % to round out with the aggregate of other applications. China with 40% of the cement industry and the leading purchaser of new coal fired boilers will be by far the largest purchaser.