AMARKET RESEARCH REPORT from Venture Development Corp (VDC) on inventory tank gauging (ITG) system and process level measurement device markets in the United States identifies three major classes of vendors:
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Those offering a narrow range of technologies
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Those offering a broad range of technologies
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Those for which only a portion of their product offerings are used in inventory tank gauging/process level measurement
VDC found that all three classes of vendor are in the top 10 suppliers of inventory tank gauging and process level measurement products, indicating that firms can succeed in this market no matter which strategy they choose.
The company identified product technologies of leading vendors in these markets. Even where a vendor has a narrow line in terms of sensing technology, they still may have a broad line of products using those technologies.
Major ITG system suppliers are:
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Saab Rosemount Tank Control — non-contact radar tank gauging systems.
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Enraf — HTG hybrid, non-contact radar, servo systems. Lower shipments in HTG, and capacitance/RF systems.
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Vishay Intertechnology, Mettler-Toledo, and Revere Transducers — load cells, portions of these go into ITG and process level measurement applications.
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Endress + Hauser Systems & Gauging — float and tape and non-contact radar systems. Some HTG, HTG hybrid, and servo systems.
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Invensys Process Systems (Foxboro) — HTG systems for ITG applications.
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Gauging Systems — capacitance/RF, float and tape, magnetostrictive, non-contact radar, servo, HTG hybrid systems.
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Consilium — the only known supplier of resistive tape systems. Some sales in ultrasonic point devices for process level measurement.
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King-Gage Engineering — electronic pressure and HTG systems.
Major process level measurement device suppliers are:
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Rosemount — electronic pressure transmitters. A large share of these go into flow applications. Rosemount also supplies non-contract microwave/radar process level measurement devices, and HTG systems for ITG.
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Magnetrol — displacer, float, contact microwave/radar and ultrasonic products. Also capacitance/RF, vibration, thermal, and magnetic indicator products.
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Gems Sensors — conductive and float point switches. Also continuous measurement float and ultrasonic devices. They supply optical, tilt, and ultrasonic point switches.
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Seimens Milltronics — ultrasonic continuous level measurement devices, non-contact microwave radar and capacitance/RF level measurement products.
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Ohmart/Vega — non-contact microwave/radar and nuclear continuous level measurement, capacitance/RF, conductive, electronic pressure, contact microwave/radar, nuclear point, utrasonic, and vibration process level measurement devices.
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Mettler-Toledo and Vishay Intertechnology — load cells used in process level measurement applications. Only a portion of these go into ITG and process level measurement applications. Vishay also had some shipments in strain gauges for process level measurement applications.
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AMETEK Drexelbrook — Capacitance/RF products for both continuous and point process level measurement. Also supplies ultrasonic continuous and point level measurement devices.
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Endress + Hauser — non-contact microwave/radar, electronic pressure, capacitance/RF, vibration, ultrasonic products, and contact microwave/radar products.
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Venture Measurement — capacitance/RF (continuous and point), continuous measurement contact microwave/radar, diaphragms, electronic pressure (continuous and point), optical (point), paddlewheels, ultrasonic (continuous), and weight and cable (continuous).
Microwave/radar leads ITG market growth
A new market study from Venture Development Corp (VDC) finds that, among technologies used for process level measurement and inventory tank gauging (ITG), the highest market growth rates through 2007 are expected to be for non-contact microwave/radar. ITG is the use of level measuring for inventory storage and custody transfer applications, rather than in process control.
The process level measurement market is forecast to rise from about $332 million in 2002 to around $374 million in 2007, and the ITG market from about $87 million to $102.6 million.
These result in compound annual growth rates (CAGR) of 2.3% and 3.3%, respectively. Shipment of non-contact microwave/radar devices to United States markets for process level applications are expected to climb from about $19 million in 2002 to around $30 million in 2007 at a 9.6% CAGR.
Shipments for ITG applications are expected to also increase from about $19 million in 2007 to more than $25 million in 2007, at a 6.5% CAGR. In the case of the ITG market, noncontact microwave/radar technology is expected to account for the largest market share of all the technologies used — at 25% of the total — in 2007.
Largest Suppliers to United States ITG & Process Level Measurement Device Markets
(Vendors Ranked by Shipments to U.S. Markets in 2002)
Narrow Range of Technologies Offered
A) Inventory Tank Gauging Systems
- Saab Rosemount Tank Control
- Invensys Process Systems (Foxboro)
- Consillium
- King-Gage Engineering
B) Process Level Measurement Devices
- Rosemount
- Siemens Millltronics
- AMETEK Drexelbrook
Broad Range of Technologies Offered
A) Inventory Tank Gauging Systems
- Enraf
- Endress + Hauser Systems & Gauging
- Gauging Systems
B) Process Level Measurement Devices
- Magnetrol International
- Gems Sensors
- Ohmart/Vega
- Endress + Hauser
- Venture Measurement
Part of Product Lines Used
A) Inventory Tank Gauging Systems
- Vishay Intertechnology
- Mettler-Toledo
- Revere Transducers
B) Process Level Measurement Devices
- Rosemount
- Mettler-Toledo
- Vishay Intertechnology