This in-depth market data research is split into two key modules: Market Growth Outlook and Competitive Analysis. Each of these modules is further configured into several sub-modules to meet the needs of executives as well as marketing, sales, and product development managers. All of these modules and sub-modules may be purchased as a bundle or separately. A brief description of these modules, sub-modules, and their use cases is included below.
The Hydrostatic Level Devices Market Research delivers current market analysis plus a five year market and technology forecast. The research also takes a closer look at upcoming market and technology trends related to the hydrostatic level devices market. It is available in multiple editions including worldwide, all regions, and most major countries.
Hydrostatic Level Devices: The Shift Toward Multivariable Technology and Industrial IoT Predictive Services Will Drive the Next Phase
According to ARC Advisory Group research, the integration of multivariable sensing and Industrial Internet of Things (Industrial IoT) capabilities has emerged as a transformative force in the hydrostatic level devices market. Process industries are increasingly replacing standard single-function hardware with advanced multivariable transmitters capable of simultaneously calculating liquid level, pressure, and fluid density from a single tank penetration. This reduction in hardware complexity is being coupled with a shift toward "Instrumentation-as-a-Service" (IaaS) models. By connecting smart hydrostatic sensors to cloud-hosted dashboards, plant operators can now outsource remote diagnostic monitoring and predictive maintenance directly to suppliers. This advancement is particularly beneficial for critical chemical and water management applications, allowing facilities to shift spending from capital expenditures (CapEx) to operational expenditures (OpEx) while minimizing leak paths, reducing manual inspections, and ensuring maximum uptime.
Hydrostatic Level Devices Strategic Issues
In addition to providing a five-year market forecast, the hydrostatic level devices market research provides detailed quantitative current market data and addresses key strategic issues as follows:
Understand and Incorporate IIoT
End user organizations continue to face a shortfall of qualified personnel, as fewer new workforce entries perceive process automation, process engineering, chemical engineering, or similar technical fields as attractive career paths. Furthermore, it can take up to two years to train a new hire effectively in the field of automation, and once trained, it may be difficult to retain that individual. This “brain drain” is a major challenge for end user organizations, and advanced technology and automation such as IIoT can play a key role in filling this skills gap. Forward-looking suppliers are investing to bring IIoT to the field device level. Various IIoT capabilities, such as remote monitoring and remote services, can help establish a more collaborative relationship between end users and suppliers. IIoT solutions are now available for horizontal integration along the value creation chain, for consistent engineering from planning to maintenance, and for vertical integration from the field to the control level. However, IIoT may not be available directly for 2-wire devices, due to the high electricity consumption by the transmitter. End users can leverage the expertise of suppliers to help manage plant assets across their entire lifecycle; suppliers can go beyond being just automation providers, enhance their overall project revenues, and enjoy long-term revenue streams through customer service relationships.
Leverage Smart Sensors and Field Devices
Users need to focus on leveraging smart field systems to create value in process industries. Smart sensors, as an enabler for Industrial Internet of Things (IIoT), will play an increasingly important role in process automation in the future. ARC also recommends that users work closely with suppliers and other stakeholders to better understand how to measure re-turn on investment (ROI) and share best practices for intelligent device management. Users should always seek opportunities to leverage industry standards such as ISA 108 (intelligent device management) to improve their own plants’ operational performance and help promote application of smart field systems and intelligent device management in their respective industries.
Utilize Asset Management Features
Plant asset management (PAM) has become an important tool in helping users assess the health of their production assets and processes, and it is instrumental in developing effective predictive maintenance programs and achieving operational excellence. A key enabler of PAM is intelligent field devices with diagnostic capabilities. Although a large number of intelligent field devices have been installed in plants around the world, they are often underutilized. In many cases, the onboard intelligence is only accessed locally via a handheld communicator when a device is commissioned. End users should provide training, education, and support programs to plant staff to realize the benefits that smart field devices offer. End users should work with suppliers to get clear demonstrations of how embedded device diagnostics can help them assess the condition of not only the device but also the process.
Market Data Research Available Datasets
Market Growth Outlook
ARC’s market growth outlook service delivers an in-depth market opportunity analysis including five-year market and technology forecasts and 3-year history trend lines where available. Besides providing an in-depth analysis of the market opportunity provided by each technology, this service allows technology suppliers to analyze their own customized markets consisting of multiple technologies. For example, customers can view different market scenarios by adding or removing technology markets from the analysis, providing them a Total Available Market (TAM) view of their own served market. A list of the available market growth outlook services can be seen in the list below.
This service is designed to help accelerate your organization's ability to understand an up-to-date view of the market opportunity provided by your current product portfolio and analyze how your company’s market opportunity would change if you were to acquire or divest a particular product line. The service will also help you identify and capitalize on emerging markets, whether these markets are based on an emerging technology, region, vertical industry, or application. Built upon a proprietary market model and ARC’s field proven primary research, this service helps product and marketing managers optimize their business plans by identifying the opportunities provided by emerging trends. ARC’s reputation as the preeminent independent provider of market growth opportunity analyses for nearly four decades also provides greater weight to your business plans. ARC’s market growth outlook services are available in a variety of formats depending on whether you view your market opportunities via different technologies, industries, or world regions.
In addition, ARC has a strong history of providing customized market opportunity reports and services to meet your specific needs. For example, you may sell your products only to specific industries and/or in only one or two regions. You tell us your served markets and ARC can quickly configure a report or service designed to best serve your served market.
ARC provides several versions of these reports and services depending on your role in the organization. Executive Views are high level market opportunities designed to help executives quickly identify key trends and market opportunities around the world. In-depth market opportunity analyses provide marketing and product managers more detailed technology specific market information to plan marketing and product development strategies. The following table shows more specific information included in each version.
| Market Growth Outlook Analysis | Use Cases | Target Role |
| Worldwide Market Growth Outlook by Industry & Region with 3-year history where available | In-depth technology-specific strategic growth planning across multiple technologies, applications, regions, and industries | Product & Marketing Managers |
| Worldwide Industry Growth Outlook by Region with 3-year history where available | Strategic technology growth planning for markets defined by a single or multiple vertical industries | Industry Managers |
| Regional/Country Market Growth Outlook by Technology & Industry with 3-year history where available (includes country data) | Strategic technology growth planning for markets defined by a single or multiple world regions | Regional & Country Sales Managers |
| Market Growth Outlook Executive View | Strategic Total Available Market (TAM) growth planning dashboard covering multiple vertical industries, technologies, and world regions | Executives |
Market Competitive Analysis
ARC’s Competitive Analysis services deliver in depth competitive analyses across multiple technologies, applications, regions, and industries. Besides providing an in-depth analysis of the market opportunity provided by each technology, this service allows technology suppliers to analyze their own customized markets consisting of multiple technologies. For example, customers can view different market scenarios by adding or removing technology markets from the analysis, providing them a Total Available Market (TAM) view of their own served market. A list of the available market growth outlook services can be seen in the list below.
This service is designed to help product and marketing managers identify their company’s market positioning across multiple views within their Serviceable Available Market (SAM). Built upon a proprietary market model and ARC’s field proven primary research, this service helps product and marketing managers optimize their business plans by identifying how their company’s market position would change if the company were to acquire or divest a particular product line or technology. ARC’s reputation as the preeminent independent provider of competitive market benchmarking for nearly four decades lends greater weight to your business plans. ARC’s market competitive services are available in a variety of formats depending on whether you view your market opportunities via different technologies, industries, or world regions.
In addition, ARC has a strong history of providing customized market opportunity reports and services to meet the specific needs of our clients. For example, you may sell your products only to specific industries and/or in only one or two regions. You tell us your served markets and ARC can quickly configure a report or service designed to best serve your served market.
ARC provides several versions of these reports and services depending on your role in the organization. Executive Views are high level market competitive analyses designed to help executives quickly assess their SAM by world region, technology, or vertical industry. In-depth competitive market analyses provide marketing and product managers more detailed technology specific benchmarking information to plan marketing and product development strategies. The following table shows more specific information included in each version.
| Competitive Analysis | Use Cases | Target Role |
| Worldwide Competitive Analysis by Technology | In-depth competitive market analysis that quantifies how your company’s market position has changed over time across multiple technologies, applications, regions, and industries | Product & Marketing Managers |
| Worldwide Competitive Analysis by Industry | Strategic technology-based competitive analyses for markets defined by a single or multiple vertical industries | Industry Managers |
| Regional/Country Competitive Analysis by Industry | Strategic technology-based competitive analyses for markets defined by a single or multiple world regions | Regional Sales Managers |
| Competitive Analysis Executive View | Strategic Serviceable Available Market (SAM) analysis dashboard covering multiple vertical industries, technologies, and world regions | Executives |
Worldwide Research Focus Areas
Worldwide Research Focus Areas
Strategic Analysis
- Executive Overview
- Marketing Trends
- Buyer Strategies
- Supplier Strategies
- Growth Contributors & Inhibitors
Competitive Analysis
- Market Shares of the Leading Suppliers
- Market Shares by Region
- North America
- Europe, Middle East, Africa
- Asia
- Latin America
- Market Shares by Application
- Process Level
- Tank Gauging
- Market Shares by Revenue Category
- Hardware
- Software
- Services
- Market Shares by Industry
- Chemical
- Electric Power Generation
- Food & Beverage
- Marine
- Metals
- Mining
- Oil & Gas
- Pharmaceutical & Biotech
- Plastics & Rubber
- Pulp & Paper
- Refining
- Water & Wastewater
- Market Shares by Communication Protocol
- Market Shares by Transmission Method
- Market Shares by Sales Channel
- Market Shares by Customer Type
Market Forecasts and Histories
- Total Shipments of Hydrostatic Level Devices
- Shipments by Region
- North America
- Europe, Middle East, Africa
- Asia
- Latin America
- Shipments by Application
- Process Level
- Tank Gauging
- Shipments by Revenue Category
- Hardware
- Software
- Services
- Shipments by Industry
- Chemical
- Electric Power Generation
- Food & Beverage
- Marine
- Metals
- Mining
- Oil & Gas
- Pharmaceutical & Biotech
- Plastics & Rubber
- Pulp & Paper
- Refining
- Water & Wastewater
- Shipments by Communication Protocol
- Shipments by Transmission Method
- Shipments by Power Supply
- Shipments by Safety Integrity Level
- Shipments by Sales Channel
- Shipments by Customer Type
Industry Participants
The research identifies all relevant suppliers serving this market.
Regional Research Focus Areas
Strategic Analysis
Competitive Analysis
- Leading Suppliers in Region
- Industry Shares in Region
- Country Shares in Region
- Leading Suppliers by Industry
Market History & Forecast Analysis
- Market History & Forecast by Country
- Market History & Forecast by Industry
Industry Participants
List of countries & currencies included in each region: MIRA-Country
For More Information
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