Level Gauge Global Market Report 2023 – By Type (Tank Level, Fuel Level, Water Level, Mechanical Level), By Technology (Magnetic Level Gauge, Reflex Level Gauge, Tarnsparent Level Gauge, Tabular Level Gauge), By Industry (Oil and Gas, Chemicals, Petro Chemicals, Pharmaceutical, Other Industries) – Market Size, Trends, And Global Forecast 2023-2032

The light gauge steel framing refers to a steel-framed wall system manufactured from cold-rolled load bearing. They are used for wall systems, roof panels, floor systems, or entire buildings. The advantages of LGSF include lightweight, easy transportation, lower construction cost, and high strength and durability. The main types of light gauge steel framing skeleton, wall bearing, and long span. A bearing wall, also known as a load-bearing wall or structural wall, supports the house's weight from top to bottom. This wall helps distribute the weight of the building from the roof to the base, and its removal could cause it to collapse. The end-user of light gauge steel framing includes commercial, residential, and industrial. The global light gauge steel framing market is segmented - 1) By Type: Skeleton, Wall Bearing, Long Span 2) By End-Use: Commercial, Residential, Industrial The global light gauge steel framing market size will grow from $34.46 billion in 2022 to $36.45 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global light gauge steel framing is expected to grow to $45.56 billion in 2027 at a CAGR of 5.7%. The rising construction activities are expected to drive the growth of the light gauge steel framing market. Cold-formed steel is widely used as the principal construction material in the light gauge steel frame for roofs, floors, walls, roof panels, decks, and the complete structures of buildings. The rapid growth in construction is expected to boost the utilization of light gauge steel framing, as these are an essential part of construction activities. For instance, according to the Office for National Statistics of the UK, in March 2022, in the UK, monthly construction output climbed by 1.7% in volume terms, marking the fifth consecutive month of growth and a monthly high in terms of value GBP 14,994 million ($18.88 billion) since monthly records began in January 2010. In March 2022, increases in both repair and maintenance (3.0%) and new work (1.0%) drove the monthly increase in construction output; at the sector level, private home repair and maintenance (5.8%) and private commercial new work (4.0%) were the biggest contributors to the monthly gain. Therefore, an increase in construction activities is expected to boost demand for light gauge steel framing during the forecast period. Major players in the light gauge steel framing market are Hadley Industries, Clarkwestern Dietrich Building Systems, Metek PLC., Intelligent Steel Solutions Ltd., FRAMECAD Ltd., Steel Frame Solutions, CEMCO-California Expanded Metal Products Inc., Craco Metal Supply Inc., Arkitech Advanced Construction Technologies, Quail Run Building Materials Inc., SCAFCO Steel Stud Company, Ware Industries Inc., The Steel Network Inc., ArcelorMittal, and Super Stud Building Products Inc. Technological innovation is a key trend gaining popularity in the light gauge steel framing market. Technological innovations in light gauge steel framing include the development of new products using the latest technology such as modular light gauge steel solutions, which offer additional features such as dimension flexibility, multiple design options, and others. Technological innovations enable companies to offer advanced products with additional benefits and increase their customer reach. For instance, in January 2022, CRATE Modular Inc., a US-based manufacturer of modular construction components launched a new light gauge steel solution, a cold-formed steel methodology. This new methodology is unique due to its flexibility in dimensions and offers additional design options. With the introduction of its new cold-formed steel process, CRATE attained additional ability to offer more innovative solutions to its customers. In August 2021, Etex, a Belgium-based building material manufacturer acquired Sigmat Limited for an undisclosed amount. This acquisition enhances Etex’s position and growth in the offsite construction market in the UK and Ireland. The acquisition also matches Etex’s goal to become a global leader in offsite construction. Sigmat Limited is a UK-based manufacturer of light gauge steel framing (LGSF). Asia-Pacific was the largest region in the light gauge steel framing market in 2022, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the light gauge steel framing market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the light gauge steel framing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The light gauge steel framing market consists of sales of wall system, flooring system, light gauge steel coating, and accessories. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The light gauge steel framing market research report is one of a series of new reports from The Business Research Company that provides light gauge steel framing market statistics, including light gauge steel framing industry global market size, regional shares, competitors with a light gauge steel framing market share, detailed light gauge steel framing market segments, market trends and opportunities, and any further data you may need to thrive in the light gauge steel framing industry. This light gauge steel framing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A tank level monitoring system is an innovative device to track fluid levels within atmospheric tanks. It handles the monitoring task by sensing the static pressure created by the height of the fluid with the aid of a tube installed within the tank and then shows the volume or level of the fluid. The tank level monitoring systems market covered in the report is segmented by product into invasive type, non-invasive type, data services, data center, local view; by component into a sensor, tracking devices, power supply, monitoring station; by application into oil & fuel, power plant, mining, automotive, others. The global tank level monitoring system market is segmented - 1) By Product: Invasive Type, Non-Invasive Type, Data Services, Data Center, Local View 2) By Component: Sensor, Tracking Devices, Power Supply, Monitoring Station 3) By Application: Oil And Fuel, Power Plant, Mining, Automotive, Other Applications The global tank level monitoring system market size grew from $0.97 billion in 2022 to $1.04 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The tank level monitoring system market size is expected to grow to $1.41 billion in 2027 at a CAGR of 8.1%. The increasing demand for tank level monitoring systems is expected to propel the growth of the tank level monitoring systems market during the forecast period. Tank level control system is an innovative device used to monitor the status of fluid within atmospheric tanks by using sensors, saving on assigning workers to test the tank gauges. According to the report from the IoT analyst firm Berg Insight, the global installed base of active remote tank monitoring (RTM) systems surpassed 2.5 million units by the end of 2018 and are expected to reach 11.9 million units by 2023. Therefore, the increasing demand for tank-level monitoring systems drives the growth of the tank level monitoring systems market. Major players in the tank level monitoring system market are American Sensor Technologies Inc. (AST), Centeron, Gauging Systems Inc., Graco Inc., Piusi SPA, Pneumercator, Smartlogix, Digi International Inc., and Tank Scan, Varec Inc. The impact of COVID-19 on tank level monitoring systems is expected to impede the growth of the tank level monitoring systems market in the coming years. The emergence of the COVID-19 pandemic has negatively affected the development of a variety of industries, including manufacturing, oil & gas, and many others. Oil & Gas is a major end-user industry for tank level monitoring systems. Due to COVID-19, several existing or new projects around the production chain of oil and gas are anticipated to face multiple challenges in terms of project implementation, scheduling and risk management. For instance, dozens of projects run by the Oil and Gas Technology Centre (OGTC) are experiencing delays or cancellations owing to the COVID-19 outbreak. Therefore, the impact of COVID-19 on tank level monitoring systems hampered the growth of the tank level monitoring systems market. The growing technological advancements are a major trend gaining popularity in the tank-level monitoring systems market. Major companies operating in the tank-level monitoring systems sector are focusing on developing technologically advanced solutions for tank-level monitoring systems. For instance, in September 2021, Graco Inc., a US-based company operating in fluid management products, introduced the Pulse Level tank monitoring system. The Pulse Level tank-monitoring system can entirely run on Wi-Fi, or with cellular technology, which enables the users to track tank levels of field, capture and apply data, and allocate inventory efficiently accurately, and confidently. In September 2021, Generac Holdings Inc., a US-based manufacturer of energy technology solutions and other power products acquired Tank Utility, Inc. for an undisclosed amount. With this acquisition, Generac Holdings Inc aims to enhance its sophisticated remote monitoring capabilities for propane. Tank Utility, Inc is a US-based tank monitor device and system manufacturer. North America was the largest region in the tank level monitoring system market in 2022. The regions covered in the global tank level monitoring system market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the tank level monitoring system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The tank-level monitoring system market consists of sales of invasive tank-level monitoring systems, non-Invasive tank-level monitoring systems, and other tank-level monitoring systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The tank level monitoring system market research report is one of a series of new reports from The Business Research Company that provides tank level monitoring system market statistics, including tank level monitoring system industry global market size, regional shares, competitors with a tank level monitoring system market share, detailed tank level monitoring system market segments, market trends and opportunities, and any further data you may need to thrive in the tank level monitoring system industry. This tank level monitoring system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The measuring and control instruments produce navigational, measuring, electromedical, and control instruments. Examples of products made by these establishments are aeronautical instruments, appliance regulators and controls (except switches), laboratory analytical instruments, navigation and guidance systems, and physical properties testing equipment. The main types of measuring and control instruments are other electrical equipment, electronic products, and components, navigational, measuring, electro medical, and control instruments. Navigational instruments are used as tools by nautical navigators and pilots to determine one's current location and the speed and direction required to arrive at a port or point of destination. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used for medical, electronic, oil & gas, consumer goods, chemicals, and other applications. The global measuring and control instruments market is segmented – 1) By Type: Other Electrical Equipment, Electronic Products And Components, Navigational, Measuring, Electro medical And Control Instruments 2) By Application: Medical, Electronic, Oil & Gas, Consumer Goods, Chemicals, Other Applications 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Carbon And Graphite Product, General Electrical Equipment And Component, Vaporizers, E-Cigarettes, And other Electronic Nicotine Delivery Systems (ENDS), Search, Detection, And Navigation Instruments, Automatic Environmental Control, Industrial Process Variable Instruments, Totalizing Fluid Meter And Counting Device, Electricity And Signal Testing Instruments, Analytical Laboratory Instrument, Watch, Clock, Measuring Device, Magnetic And Optical Media The global measuring and control instruments market size grew from $765.17 billion in 2022 to $833.17 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of measuring and control instruments is expected to grow to $1139.15 billion in 2027 at a CAGR of 8.1%. Governments around the world are investing in the creation of smart cities, this is expected to increase the demand for measuring and control instruments for a variety of applications. Smart cities use search, detection, and navigation devices to ensure the safety of the citizens. They also use global positioning systems (GPS), machine-to-machine (M2M) communication, Wi-Fi, and radio frequency identification (RFID) technologies for effective communication. Overall, the smart city experience involves systems and objects interconnected through various technologies, such as local, wide, and wireless networks. The concept of smart cities is also gaining traction in developing nations such as China and India as well as in developed nations such as the EU. For instance, in China and India, almost 300 smart city pilots are currently planned. Further, the EU is actively promoting smart city initiatives, with funds for research and sustainability targets for member states. The establishment of smart cities will increase the demand for various types of navigational, measuring, electromedical, and control instruments, boosting the growth of the measuring and control instruments industry. Major companies in the measuring and control instruments market include Thermo Fisher Scientific, Siemens AG, Apple, Jabil Circuit Inc., Honeywell International Inc., Schneider Electric SE, Compagnie Financiere Richemont SA, Agilent Technologies, Inc., Hexagon AB and Emerson Electric Co. Interest rates globally are forecasted to rise in most of the developing and developed economies, during the forecast period, this is expected to limit new investments in the measuring and control instruments manufacturing market. Most countries across the world are raising interest rates to control inflation and also to limit the flow of capital out of the country. This is likely to affect new investments in terms of expansion, research, and development of new products. For instance, the US interest rates rose to 3.5% in 2021. These factors are expected to have a negative impact on the electrical and electronics manufacturing market as borrowing money becomes expensive, thus limiting the growth of the measuring and control instruments market. Companies in the measuring and control instruments market are investing in the development of new 3D microscopes with the ability to increase productivity and improve diagnosis and research capabilities.3D microscopes are capable of capturing images from different positions and generating 3D images. Unlike the traditional microscopes, these 3D microscopes do not require the specimen to be cut into pieces but preserve the specimen for additional study. Following the trend, in May 2020, Researchers at the University of Bath, a UK-based public university developed a 3D printable laboratory-grade microscope, with a cost of $18. This microscope is affordable and easy to use and is a fully automated device with motorized focus control, a precise mechanical stage, and sample positioning. Asia-Pacific was the largest region in the measuring and control instruments market in 2022. North America was the second largest region in the measuring and control instruments market share. The regions covered in the measuring and control instruments market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the measuring and control instruments market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The measuring and control instruments market consists of sales of superconductors, photoelectric sensors, automotive dc-dc converters, photoresist and photoresist ancillaries, surface inspection, temperature sensors, and other measuring and control instruments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The measuring and control instruments market research report is one of a series of new reports from The Business Research Company that provides measuring and control instruments market statistics, including measuring and control instruments industry size, regional shares, competitors with a measuring and control instruments market share, detailed measuring and control instruments market segments, market trends and opportunities, and any further data you may need to thrive in the measuring and control instruments industry. This measuring and control instruments market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An industrial sensor consists of an input device that provides an output signal with respect to a physical quantity or input. It is used to monitor, analyze, and process several changes in the industrial manufacturing process. The main industrial sensor types include image sensors, pressure sensors, temperature sensors, level sensors, position sensors, humidity sensors, force sensors, and other sensors. Image sensors are used to convert an optical image into an electronic signal. Image sensors are used in imaging devices to convert light received through the imaging device into a digital image. The different industrial sensor operation types include contact and non-contact, which are used by various end-users such as manufacturing, oil and gas, chemicals, pharmaceuticals, energy and power, and mining. The global industrial sensor market is segmented - 1) By Sensor Type: Image Sensor, Pressure Sensor, Temperature Sensor, Level Sensor, Position Sensor, Humidity Sensor, Force Sensor , Other Sensors 2) By Operation Type: Contact, Non-Contact 3) By End-User: Manufacturing, Oil And gas, Chemicals, Pharmaceuticals, Energy And power, Mining The global industrial sensor market size grew from $19.04 billion in 2022 to $21.07 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global industrial sensor is expected to grow to $31.07 billion in 2027 at a CAGR of 10.2%. Increasing industrial automation is significantly driving the growth of the industrial sensor market. Industrial sensors are crucial to industrial automation because they allow processes to be intelligent and self-contained. These enable the detection, evaluation, measurement, and processing of a wide range of transformations that occur in industrial manufacturing facilities, including changes in position, length, height, exterior, and dislocation. Through industrial automation, several sensing devices enable robotic procedures like deburring, grinding, polishing, and sanding. For instance, Switzerland-based ABB Robotics conducted a poll of 250 UK industrial organisations in 2021 and observed a shift in views toward automation in the country, with 81.2% of companies favouring it. Furthermore, in October 2021, the Saudi Ministry of Industry and Mineral Resources revealed that its Fourth Industrial Revolution (4IR) strategy aims to convert 4,000 sectors from heavy reliance on foreign labour to digital automation in the next five years. Hence, increasing industrial automation is expected to drive the industrial sensor market in the forecast period. Rockwell Automation, Honeywell International, TE Connectivity, Panasonic Corporation, STMicroelectronics, First Sensor AG, Siemens, Amphenol Corporation, Bosch Sensortec, NXP Semiconductors, Renesas Electronics, Teledyne Digital Imaging Inc., Figaro Engineering Inc., Endress+Hauser, Safran Colibrys SA, Integrated Device Technology, and Infineon Technologies are major players in the industrial sensor market. Technological advancement is a trend gaining popularity in the industrial sensor market. Technological advancement helps in gaining an edge over competitors. Companies in the market are focusing on developing new technological solutions to get more precise, real-time control to strengthen their position. For instance, in August 2020, PCTEL, Inc., a US-based provider of industrial IoT devices and antennas, added a wireless communication sensor platform to its industrial IoT portfolio. This platform includes a sensor for easy integration and a communication board, a development kit for application-specific customization, and a battery-enabled wireless sensor endpoint for seamless installation. Furthermore, in June 2020, STMicroelectronics, a Swiss semiconductor and electronics manufacturer, launched QST108, a capacitive touch sensor that allows the easy creation of back-lit sensing surfaces, thereby enabling companies to decrease touch-panel costs while creating modern interfaces. In March 2021, Datalogic, an Italian company involved in the design and production of sensors for detection and radio-frequency identification, acquired M.D. Micro Detectors SpA from Finmasi di Marcello Masi & C. SAPA for an undisclosed amount. The transaction allows Datalogic to strengthen its presence in the industrial automation market through the addition of ultrasonic and inductive sensors to its product range, with applications in different industrial sectors including pharmaceuticals, electronics, automotives, and logistics. M.D. Micro Detectors is an Italy-based company involved in designing and manufacturing different types of industrial sensors and safety devices. Asia-Pacific was the largest region in the industrial sensor market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial sensor market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the industrial sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The industrial sensor market consists of sales of pressure sensors, level sensors, infrared sensors, proximity sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The industrial sensor market research report is one of a series of new reports from The Business Research Company that provides industrial sensor market statistics, including industrial sensor industry global market size, regional shares, competitors with an industrial sensor market share, detailed industrial sensor market segments, market trends and opportunities, and any further data you may need to thrive in the industrial sensor industry. This industrial sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A watch is a portable timepiece worn by individuals around the wrist and attached by a strap. A clock is a device used for measuring and indicating time, using pointers moving over a dial. A measuring device is an instrument used to measure various physical parameters. Watches, clocks, and measuring devices are used for measuring time and physical quantity. The main types of the watch, clock, and measuring devices are watches and clocks, measuring devices. A measuring instrument is a device that is used to estimate the quantity of a parameter. Measurement is the process of collecting and analyzing physical quantities of real-world objects and events in the physical sciences, quality assurance, and engineering. There are three price ranges: low, mid, and luxury.The various distribution channels are offline retail stores and online retail stores. The various end-users are women, men, and unisex. The global watch, clock, measuring device market is segmented - 1) By Type: Watches and Clocks, Measuring Devices 2) By Price Range: Low Range, Mid-Range, Luxury 3) By Distribution Channel: Offline Retail Stores, Online Retail Stores 4) By End User Sex: Women, Men, Unisex The global watch, clock, measuring device market size will grow from $93.38 billion in 2022 to $104.21 billion in 2023 at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global watch, clock, measuring device market size is expected to grow to $156.4 billion in 2027 at a CAGR of 10.7%. The rise in disposable incomes was a major driver of the watch, clock, and measuring device market. The rise in disposable incomes was mainly driven by economic growth and middle-class population growth in developing countries such as China, India, and Brazil. According to the World Bank, the world’s middle-class population – defined as earning between $10 and $100 per day – increased from approximately 1.5 to 2 billion. Moreover, China’s economy grew by 6.9% and India’s GDP grew by 7.1%. Increased earnings greatly increased disposable incomes in emerging markets, contributing to the watch, clock, and measuring device market growth. Major players in the watch, clock, and measuring device markets are Apple Inc., Fitbit Inc., Samsung Electronics Co., Ltd., Garmin Ltd., Huawei Investment & Holding Co., Ltd., Lvmh Moet Hennessy Louis Vuitton SE, and Rolex SA. Rising trade protectionism acts as a major challenge in the watch, clock, and measuring device market. Trade protectionism is characterized as a country, or a group of countries working related as an exchange alliance, making exchange boundaries with the particular objective of protecting its economy from the potential dangers of worldwide trading. The target of trade protectionism is to ensure a country's fundamental monetary interests, for example, its key ventures, wares, and work of laborers. A wide number of trade barriers have been introduced since mid-2018, the major one has been higher tariffs on bilateral trade between the US and China. This increase in protectionism has contributed to a slowdown in global growth through direct effects on trade flows, supply chains, and import costs, and indirect effects on business sentiment, uncertainty, and investment around the world. Therefore, rising trade protectionism will negatively impact the watch, clock, and measuring device market growth. Internet of things (IoT) driven smartwatches are the highly preferred choice of watches. Smartwatches connected to the internet offer a wide range of features such as time, health monitoring, fitness tracking, receiving calls and messages, entertainment, cardless payments, and connectivity to other IoT devices to improve the quality of the user’s life. With increasing consumers’ interests in health and fitness, convenience in day-to-day activities, and smart homes, wearable IoT devices such as smartwatches offer various features. G For instance, in February 2021, according to Eurostat, the Luxembourg-based statistical office of the European Union, responsible for publishing high-quality statistics, the use of smartwatches, fitness bands, internet-linked goggles or headsets, and other internet-connected accessories was reported by nearly one-fifth (19%) of EU citizens ages 16 to 74. Moreover, younger individuals (aged 16–24) utilized these smart wearables more frequently (28%) than older individuals (aged 25–54) (23%), who were followed by older individuals (aged 55–64) with 11%. In February 2020, Titan Company Limited, an India-based company operating in fashion accessories such as jewelry, watches, and eyewear acquired HUG Innovations Corp. for an undisclosed amount. Through this acquisition, Titan Company Limited aims to strengthen its product portfolio in connected wearable devices. HUG Innovations Corp. is an India-based company operating in smartwatches. The Asia-Pacific was the largest region in the watch, clock, measuring device market in 2022. North America is the second-largest region in the global watch, clock, measuring device market share. The regions covered in the global watch, clock, measuring device market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the watch, clock, measuring device market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The watch, clock, and measuring device market consists of sales of alarm clocks, clock materials and parts, time clocks, wall clocks, electrodes, level and bulk measuring instruments, nanofluidic measurement and control devices, orifice plates, and other watches, clock, measuring devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The watch, clock, measuring device market research report is one of a series of new reports from The Business Research Company that provides watch, clock, measuring device market statistics, including watch, clock, measuring device industry global market size, regional shares, competitors with a watch, clock, measuring device market share, detailed watch, clock, measuring device market segments, market trends and opportunities, and any further data you may need to thrive in the watch, clock, measuring device industry. This watch, clock, and measuring device market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The navigational, measuring, electro-medical, and control instrument helps to navigate, assess, monitor, and regulate the efficiencies of electrical inputs, and outputs in real time. The main types of navigational, measuring, electromedical, and control instruments are search, detection, and navigation instruments, automatic environmental control, industrial process variable instruments, totalizing fluid meter and counting device, electricity, and signal testing instruments, analytical laboratory instrument, watch, clock, measuring device and magnetic and optical media. Industrial process variable instruments are used to measure and control process variables within a production or manufacturing area. Level, pressure, temperature, humidity, flow, pH, force, speed, and other process variables are used in industries. The instruments are sold through OEM, and aftermarket sales channels and are used for medical, electronic, oil & gas, consumer goods, chemicals, and other applications. The global navigational, measuring, electro medical and control instruments market is segmented - 1) By Type: Search, Detection, And Navigation Instruments, Automatic Environmental Control, Industrial Process Variable Instruments, Totalizing Fluid Meter And Counting Device, Electricity And Signal Testing Instruments, Analytical Laboratory Instrument, Watch, Clock, Measuring Device, Magnetic And Optical Media 2) By Application: Medical, Electronic, Oil & Gas, Consumer Goods, Chemicals, Other Applications 3) By Sales Channel: OEM, Aftermarket The global navigational, measuring, electro medical and control instruments market size grew from $643.2 billion in 2022 to $700.18 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The navigational, measuring, electro medical and control instruments market is expected to grow to $956.74 billion in 2027 at a CAGR of 8.1%. The rapid pace of innovations in electronics technology is stimulating consistent demand for newer and faster products and applications. Technological development is a key to attracting both consumers and business users for either replacing or upgrading the older products with advanced versions. Digital technologies such as the internet of things (IoT) and the latest communication technologies such as 5G are expected to aid in the development of innovative electronic products. This is expected to increase the demand for electronic products such as navigational, measuring, electromedical, and control instruments which will ultimately drive the navigational, measuring, electro medical and control instruments market growth during the forecast period. Major companies in the navigational, measuring, electro medical and control instruments market include Thermo Fisher Scientific, Siemens AG, Apple, Honeywell International Inc., Schneider Electric SE, Compagnie Financiere Richemont SA, Agilent Technologies, Inc., Hexagon AB, Emerson Electric Co, the swatch group. Rising sustainability issues and stringent new regulation standards are compelling navigational, measuring, electromedical, and control instruments manufacturers to review the entire environmental impact of their products, from the use of harmful chemicals in manufacturing, energy consumption during consumer use to waste disposal at the end of the product's life. These rising new regulation standards are likely to be a major hindrance to navigational, measuring, electro medical and control instruments industry, especially for multinational organizations that have to keep up with different regulatory standards across different regions. New advancements in smartwatches using AI are one of the latest trends in the navigational, measuring, electro medical and control instruments market. Smartwatches equipped with additional features such as AI are gaining popularity among watch users. An AI-enabled smartwatch is a wearable device that offers various features to its users such as calculations, translations, messaging, and health tracking, and is directly connected to the internet. The AI-enabled smartwatch uses sensors to detect the electrical signals given by the wearer's heart and can monitor blood pressure, can analyse the glucose levels of a patient. For instance, in 2020, PKvitality, a French-based producer of bio-wearable, partnered with Beurer GmBH, a Germany-based medical product, and Well-being Company, to develop painless and discreet continuous glucose monitoring (CGM) device in the form of a smartwatch to monitor glucose levels. Asia-Pacific was the largest region in the global navigational, measuring, electro medical and control instruments market in 2022. North America was the second largest region in the navigational, measuring, electro medical and control instruments market. The regions covered in the navigational, measuring, electro medical and control instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the navigational, measuring, electro medical and control instruments market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The navigational, measuring, electro medical and control instruments market consists of sales of compasses, aeronautical and space navigation instruments, nautical navigation instruments, radio navigational aid apparatus, airflow controllers, air conditioning and refrigeration, heating and cooling system controls, heating regulators, boiler controls, buoyancy instruments, chromatographs, combustion control instruments, gas consumption meters, water consumption meters, parking meters, taxi meters, gauges for motor vehicles and equipment for collecting fare, circuit and continuity testers, volt meters, ohm meters, watt meters, multimeters, semiconductor test equipment, element analysis, separation analysis, molecular analysis, alarm clocks, clock materials and parts, time clocks, wall clocks, electrodes, level and bulk measuring instruments, nanofluidic measurement and control devices, orifice plates, blank audio tapes, blank video tapes, blank diskettes, mass duplicating (i.e., making copies) audio, video, software, and other navigational, measuring, electro medical and control instruments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The navigational, measuring, electro medical and control instruments market research report is one of a series of new reports from The Business Research Company that provides navigational, measuring, electro medical and control instruments market statistics, including navigational, measuring, electro medical and control instruments industry global market size, regional shares, competitors with a navigational, measuring, electro medical and control instruments market share, detailed navigational, measuring, electro medical and control instruments market segments, market trends and opportunities, and any further data you may need to thrive in the navigational, measuring, electro medical and control instruments industry. This navigational, measuring, electro medical and control instruments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Hydraulic cylinders refer to actuation devices that use pressurized hydraulic fluid to produce linear motion and force. It is a mechanical actuator that gives a unidirectional force through a unidirectional stroke. The main types of hydraulic cylinders are single-acting hydraulic cylinders and double-acting hydraulic cylinders. Single-acting cylinders are only extended by a pump's pressure and then retracted by the weight of the load or a built-in spring. The specification of hydraulic cylinders is a telescopic cylinder, tie rod cylinder, mill type cylinder, and a welded cylinder that has a bore size of less than 50 mm, 50 to 150 mm, greater than 150 mm applied across industrial equipment, mobile equipment. Hydraulic cylinders have end-use industries such as construction, aerospace & defense, material handling, agriculture, automotive, mining, oil & gas, marine, and other end-users. The global hydraulic cylinder market is segmented - 1) By Function: Single Acting Hydraulic Cylinder, Double Acting Hydraulic Cylinder 2) By Specification: Telescopic Cylinder, Tie Rod Cylinder, Mill Type Cylinder, Welded Cylinder 3) By Bore Size: Less Than 50 MM, 50 to 150 MM, Greater Than 150 MM 4) By Application: Industrial Equipment, Mobile Equipment 5) By End-User: Construction, Aerospace And Defense, Material Handling, Agriculture, Automotive, Mining, Oil And Gas, Marine, Other End-Users The global hydraulic cylinder market size grew from $17.47 billion in 2022 to $18.33 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of the hydraulic cylinder market is expected to grow to $22.32 billion in 2027 at a CAGR of 5.0%. The significant increase in demand from the construction industry is expected to drive the growth of the hydraulic cylinder market. Since construction projects are becoming more complex with higher demand for infrastructure, the construction industry has been the most affected industry by the development of and implementation of hydraulic technologies. For instance, according to the Ministry of Statistics and Programme Implementation, a ministry of the Government of India concerned with coverage and quality aspects of statistics released, the construction industry is expected to rise in double digits in FY22, rebounding from an 8.6% decline last year, thanks to the base effect and the economy's forecast 9.2% expansion. The significant increase in demand from the construction industry is likely to drive the growth of the hydraulic cylinder market. Major players in the hydraulic cylinder market are Bosch Rexroth, Eaton, SMC Corporation, HYDAC, Texas Hydraulics Inc., Parker-Hannifin Corporation, Wipro Enterprises, LEO engineers, BDI, Enerpac Tool Group, Caterpillar Inc., Zenith Hydromatic, Spareage Hydro, and Kangaroo Hydraulics Private Limited. Product innovation is a key trand gaining popularity in the hydraulic cylinder market. Many companies operating in the hydraulic cylinder market are looking for the new innovative products to strengthen their position in the market. For instance, in October 2021, Oerlikon HRS flow, an India-based company that designs and manufactures hot runner systems for all industries in plastic injection molding, presented a further development of the HRS cool hydraulic cylinder system for hot runner injection moulding. The advanced features include its sophisticated temperature management, does not require active liquid cooling of the actuation unit. In December 2021, Wheels India Ltd (WIL), an Indian auto component manufacturer company merged with Sundaram Hydraulics Ltd for an undisclosed amount. The merger will aid in attaining consolidation, greater integration, and flexibility, which will increase total shareholder value and strengthen the combined entity's competitive position and bargaining leverage. Sundaram is an Indian hydraulic cylinder manufacturer. Asia-Pacific was the largest region in the hydraulic cylinder market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydraulic cylinder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the hydraulic cylinder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The hydraulic cylinders market consists of sales of tie-rod cylinders, welded rod cylinders, telescopic cylinders. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The hydraulic cylinder market research report is one of a series of new reports from The Business Research Company that provides hydraulic cylinder market statistics, including hydraulic cylinder industry global market size, regional shares, competitors with a hydraulic cylinder market share, detailed hydraulic cylinder market segments, market trends and opportunities, and any further data you may need to thrive in the hydraulic cylinder industry. This hydraulic cylinder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The industrial gas refer to gaseous materials produced for use in industry such as industrial organic and inorganic gases in compressed, liquid, and solid forms. Industrial gases are also referred to as bulk gases or commodity gases. The main types of industrial gases are nitrogen, oxygen, carbon dioxide, hydrogen, and other types of industrial gases. Nitrogen is a nonmetallic chemical element that, under normal conditions, is a colorless, odorless, inert gas that makes up 78 percent of the Earth's atmosphere. It is primarily used in the industrial synthesis of ammonia, as a component of inert atmospheres, and as a refrigerant in liquid form. The modes of supply are bulk, packaging, and pipeline. The packaging includes cylinders, bottles, canisters, cartridges, cryogenic tanks/vessels, and other packaging. The end-user industries involved are chemicals, metallurgy, manufacturing, food and beverages, healthcare, and other end-user industries. The global industrial gas market is segmented - 1) By Type: Nitrogen, Oxygen, Carbon Dioxide, Hydrogen, Other Industrial Gas 2) By Mode of Supply: Bulk, Packaging, Pipe Line 3) By Packaging: Cylinders, Bottles, Canisters, Cartridges, Cryogenic Tanks/Vessels, Other Packagings 4) By End User Industry: Chemicals, Metallurgy, Manufacturing, Food & Beverage, Healthcare, Other End-User Industries The global industrial gas market grew from $128.62 billion in 2022 to $146.08 billion in 2023 at a compound annual growth rate (CAGR) of 13.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The industrial gas market is expected to grow to $238.77 billion in 2027 at a CAGR of 13.1%. New developments are taking place in healthcare with an increasing emphasis on a healthier and generally better quality of life. In addition to oxygen, nitrous oxide, nitric oxide, and other industrial gases like hydrogen, helium, and xenon are all being prepared for use in pharmaceutical-based products. Treatments and drug developments using induced pluripotent stem cells (IPS) are bringing a new added value to the industry through the application of systems using gases such as carbon dioxide and liquid nitrogen, which are indispensable for the cultivation and preservation of cells and tissues, driving demand for high-grade industrial gases. Major companies in the industrial gas market include The Linde Group, Air Liquide, SIG Gases Berhad, Air Products and Chemicals Inc., Mitsubishi Chemical Holdings Corp, Air Water Inc., Taiyo Nippon Sanso Corporation, Messer Group GmbH, Iwatani Corporation, and Arkema SA. Interest rates globally are forecasted to rise in most of the developing and developed economies during the forecast period. This is expected to limit new investments in the market. Most countries across the world are raising interest rates to control inflation and also to limit the flow of capital out of the country. This is likely to affect new investments in terms of expansion, research, and development of new products. For instance, the US interest rates are expected to rise up to 3.5% by 2021. These factors are expected to have a negative impact on the market as borrowing money becomes expensive, thereby affecting the market's growth. Industrial gas companies are increasingly supplying carbon dioxide emitted from industrial facilities to greenhouses. CO2 emitted from power plants and refineries is stored in local capacities and empty natural gas fields and transported to greenhouses via pipelines. This process acts as an intelligent CO2 recycling solution and reduces the carbon footprint of greenhouses. Linde, for example, collects carbon dioxide from the Shell oil refinery near Rotterdam, Netherlands, and distributes it to over 580 greenhouses in Rotterdam and Amsterdam. This saves the combustion of 115 million cubic meters of natural gas and avoids emissions of 205,000 tons per year of CO2. Asia-Pacificwas the largest region in the industrial gas market in 2022. North Americawas the second-largest region in the industrial gas market. The regions covered in the industrial gas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the industrial gas market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The industrial gas market consists of the sales of argon, ozone, neon, helium, krypton, methane, and nitrous oxide industrial gases. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The industrial gas market research report is one of a series of new reports from The Business Research Company that provides industrial gas market statistics, including industrial gas industry global market size, regional shares, competitors with an industrial gas market share, detailed industrial gas market segments, market trends and opportunities, and any further data you may need to thrive in the industrial gas industry. This industrial gas market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.