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According to our latest market study on “Level Gauge Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Gauge Type, Technology, and End-User,” the market is expected to grow from US$ 1,391.31 million in 2021 to US$ 2,013.69 million by 2028; it is anticipated to grow at a CAGR of 5.6% from 2022 to 2028.

The water level gauge is normally attached to the boiler directly. There are isolation cocks in the steam and water passageways and a drain cock. A plate-glass-type water level gauge is used for more than 17 bar boiler pressures. The glass tube is replaced by a glass plate assembly housed in a metal enclosure. The group consists of a front and back metal plate sandwich, with glass plates and a center metal plate in between. A mica sheet is placed over the glass surface facing the water and steam, with joints between the glass and the metal plate. When bolting this gauge type together, it is imperative to ensure the bolts are tightened evenly around. Failure will lead to leaking assembly and possibly shattered glass plates.

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Water level gauges are finding significant end-users in factories, chemical plants, electrical substations, and other liquid storage systems, opening new revenue streams for manufacturers and suppliers operating in the level gauge market.

The level gauge market is broadly segmented into five major regions North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). North America is the most technologically advanced region with several key economies, such as the US, Canada, and Mexico. Developed countries in the region are known for adopting advanced technologies, high living standards, and developed infrastructure. Several industries, such as oil & gas and food & beverages, in the region are expanding their production scale due to rising consumer demand, leading to the level gauge market growth.

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Based on technology, the level gauge market is segmented into magnetic level gauge, reflex level gauge, transparent level gauge, tabular level gauge, and others. The magnetic level gauge segment is expected to register the highest CAGR in the market during forecast period due to its usage in various end-users. A magnetic level indicator is frequently employed in situations when a sight glass (or glass sight gauge) is unsuitable for the job or underperforming due to plant requirements.

The level gauge market is segmented on the basis of gauge type, technology, and end-user. Based on gauge type, the market is segmented into tank level, fuel level, water level, and mechanical level. By technology, the market is segmented into magnetic level gauge, reflex level gauge, transparent level gauge, tabular level gauge, and others. Based on end-user, the market is segmented into oil & gas, food & beverage, chemical & petrochemical, marine, energy & power, and others.

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