Radar Level Sensors Sales

Radar Level Sensors Sales Market Outlook

As of 2023, the global Radar Level Sensors market is valued at approximately USD 1.25 billion and is projected to grow at a compound annual growth rate (CAGR) of 6.8% throughout the forecast period of 2025 to 2035. This growth can be attributed to the increasing demand for efficient level measurement solutions in various industrial applications, alongside the rapid adoption of automation and Industry 4.0 practices across several sectors. Moreover, stringent regulations regarding safety and environmental standards are pushing industries to adopt advanced technologies like radar level sensors for accurate monitoring and control. The expanding oil and gas sector, combined with the rising need for water and wastewater management systems, further propels the market's growth. Additionally, technological advancements in radar sensing technology, such as the introduction of non-contact measurement solutions, are enhancing the overall performance and reliability of radar level sensors, making them a preferred choice for numerous applications.

Growth Factor of the Market

The growth of the Radar Level Sensors market is primarily driven by several key factors. Firstly, the continuous advancement in radar technology is leading to the development of more sophisticated sensors that provide higher accuracy and reliability in level measurement. This is especially crucial in industries such as oil and gas, where precise monitoring of levels can prevent disasters and optimize operations. Secondly, the increased focus on the automation of processes in various sectors is compelling businesses to invest in smart and efficient measurement technologies that radar level sensors provide. Thirdly, environmental concerns and the need for sustainable practices are prompting industries to adopt advanced monitoring solutions to comply with regulations, further driving demand for radar level sensors. Additionally, the growing emphasis on predictive maintenance and operational efficiency in manufacturing processes is enhancing the market's growth potential. Finally, the expanding applications of radar level sensors in emerging sectors, such as renewable energy and smart infrastructure, are expected to present new opportunities for market expansion.

Key Highlights of the Market

• The Radar Level Sensors market is expected to reach USD 2.1 billion by 2035.
• The CAGR for the market from 2025 to 2035 is estimated at 6.8%.
• Non-contact radar level sensors are gaining popularity due to their accuracy and reliability in challenging environments.
• The oil and gas sector is expected to be the largest application area for radar level sensors.
• Asia Pacific is anticipated to exhibit the highest growth rate in the radar level sensors market.

By Product Type

Non-Contact Radar Level Sensors:

Non-contact radar level sensors utilize microwave radar technology to measure the level of liquids and solids without making physical contact. These sensors emit microwave signals toward the surface of the substance being measured, and the time it takes for the signals to return is used to calculate the distance and, subsequently, the level. The primary advantage of non-contact radar level sensors is their ability to operate in extreme conditions, including high temperature and pressure, as well as in the presence of vapors or dust. Because they do not come into contact with the material, they minimize maintenance needs and wear and tear over time. This makes them particularly suitable for industries such as oil and gas, chemicals, and wastewater treatment, where accurate measurement is crucial for safety and operational efficiency.

Contact Radar Level Sensors:

Contact radar level sensors differ from their non-contact counterparts in that they rely on direct contact with the material being measured. These sensors are designed to handle a variety of substances, including viscous liquids and solids, and are often used in applications where non-contact measurement is not feasible. Contact radar level sensors can provide highly accurate measurements and are often equipped with features that allow them to perform well under challenging conditions. They are particularly useful in industries such as food and beverage manufacturing, where hygiene and safety standards are paramount. While these sensors may require more frequent maintenance compared to non-contact versions, their reliability and precision make them indispensable in situations where direct measurement is not only possible but necessary.

By Application

Oil & Gas:

In the oil and gas sector, radar level sensors play a critical role in ensuring operational safety and efficiency. These sensors are utilized for level measurement in tanks, vessels, and pipelines, providing real-time data crucial for inventory management and process control. The high accuracy and reliability of radar level sensors minimize the risks of overflows and leaks, which are detrimental not only to operations but also to the environment and regulatory compliance. Additionally, the ability of radar level sensors to perform under extreme conditions, such as high temperatures and pressures, makes them ideal for this industry, where monitoring is essential for optimizing production and preventing operational hazards.

Chemicals:

Radar level sensors are extensively used in the chemical industry, where they facilitate the monitoring of various liquids and solids in tanks and silos. Their ability to handle corrosive materials without degradation makes them a preferred solution for this sector. The sensors offer high accuracy in level measurement, which is vital for maintaining the safety and efficiency of chemical processes. Furthermore, radar level sensors can be implemented in both batch and continuous processes, supporting various applications such as mixing, blending, and inventory management. Their non-contact nature also helps in preventing contamination, thereby ensuring the integrity of chemical products.

Water & Wastewater:

In the water and wastewater sector, radar level sensors are crucial for monitoring and controlling the level of containment tanks, ponds, and reservoirs. These sensors provide real-time data that helps operators manage water resources efficiently and ensure compliance with environmental regulations. The ability of radar sensors to function effectively in challenging conditions, including turbulent surfaces and foam, makes them particularly suitable for wastewater treatment applications where reliable level measurement is essential. By enabling precise control and monitoring, radar level sensors contribute to improved operational efficiency and reduced environmental impact, helping municipalities and industries manage their water resources sustainably.

Food & Beverages:

In the food and beverage industry, radar level sensors are essential for maintaining the quality and safety of products through accurate level measurement in storage tanks, silos, and mixing vessels. These sensors are designed to meet stringent hygiene standards and are capable of handling various food products, including liquids, powders, and granules. The non-contact nature of radar technology ensures that the sensors do not contaminate the food products, and their reliability minimizes the risk of spoilage and wastage. Furthermore, radar level sensors facilitate compliance with food safety regulations by providing precise data for inventory management and process control, ensuring that manufacturers can deliver safe and high-quality products to consumers.

Pharmaceuticals:

In the pharmaceuticals sector, radar level sensors play a vital role in ensuring the accuracy and reliability of measurement processes critical to drug production. These sensors are employed in various applications, including the measurement of bulk powders and liquids in storage tanks, reactors, and mixing vessels. The ability to operate without physical contact makes radar level sensors suitable for environments that require strict hygiene and safety standards. Their precision is paramount in pharmaceutical manufacturing, as it directly affects product quality and compliance with regulatory requirements. By providing real-time data, radar level sensors enable manufacturers to optimize production processes and reduce the risk of contamination, ensuring that the final products meet the highest standards of safety and efficacy.

By Industry Vertical

Industrial:

The industrial sector is witnessing a growing adoption of radar level sensors as manufacturers seek to optimize their operations and enhance process control. These sensors are utilized for level measurement in various applications, including material handling, inventory management, and production processes. Their ability to provide accurate and reliable data in challenging environments, such as high temperatures and pressure, is making them increasingly popular in industrial settings. Industries such as manufacturing, mining, and construction benefit from the implementation of radar sensors, as they help reduce operational costs, minimize downtime, and improve overall productivity. Additionally, the move towards automation and digitalization in industrial operations is further driving the demand for advanced level measurement technologies like radar sensors.

Chemical:

Radar level sensors are extensively used in the chemical industry for monitoring and controlling the levels of various substances in storage tanks, reactors, and pipelines. The sensors' ability to withstand corrosive environments and provide accurate measurements is crucial in ensuring safety and compliance with regulatory standards. They help prevent overfilling, leaks, and spills, which can lead to environmental hazards and financial losses. The chemical industry’s focus on efficiency and safety is leading to increased investments in radar level sensors, as these devices facilitate real-time monitoring and better inventory management. Additionally, the versatility of radar technology allows for its application in various chemical processes, enhancing operational efficiency and reliability.

Oil & Gas:

The oil and gas industry heavily relies on radar level sensors for precise measurement and monitoring of liquids and solids in various stages of production. These sensors are essential in managing inventory in storage tanks, ensuring safety by preventing overflows and leaks, and optimizing drilling operations. The ability of radar sensors to perform accurately under extreme conditions, such as high temperatures and pressures, is invaluable in this sector. With the ongoing efforts to enhance operational efficiency and safety standards, the oil and gas industry is increasingly adopting radar level sensors as part of their automation and monitoring solutions. This trend is expected to continue as the industry seeks to leverage advanced technologies to improve productivity and reduce environmental risks.

Food & Beverage:

The food and beverage sector employs radar level sensors for various applications, including monitoring levels in storage tanks, silos, and mixing vessels. The hygienic design of these sensors is crucial for maintaining food safety and quality, as they prevent contamination during the measurement process. Radar sensors provide accurate and real-time data, enabling manufacturers to optimize their processes and adhere to stringent regulatory requirements. The versatility of radar technology allows it to accommodate a wide range of food products, including liquids, powders, and granules. As the food and beverage industry continues to focus on efficiency and safety, the adoption of radar level sensors is expected to grow significantly.

Pharmaceutical:

In the pharmaceutical industry, radar level sensors are critical for ensuring precise measurements in the production of drugs and other healthcare products. These sensors help maintain compliance with regulatory standards by providing accurate data for inventory management and batch production processes. Their ability to function without physical contact is particularly beneficial in maintaining sterile conditions, which is vital in pharmaceutical manufacturing. Radar level sensors are used in various applications, including the measurement of bulk powders and liquids in storage tanks and mixing vessels. The ongoing emphasis on quality assurance and process optimization in the pharmaceutical sector is driving the demand for radar level sensors, as they enhance both safety and efficiency in production.

By Frequency Range

C-Band:

C-Band radar level sensors operate within a frequency range of 4 to 8 GHz and are widely used for various industrial applications. These sensors are particularly effective for measuring levels in liquids and solids, where they deliver accurate and reliable performance. C-band radar sensors are suitable for many challenging conditions, including varying temperature and pressure levels. Their ability to penetrate vapors and dust makes them ideal for applications in industries such as oil and gas and chemicals. Additionally, C-band sensors are often less expensive than higher frequency radar sensors, making them a popular choice for budget-conscious operations without sacrificing performance.

K-Band:

K-Band radar level sensors operate at a frequency range of 18 to 26 GHz, providing higher resolution and sensitivity compared to C-Band sensors. This makes them particularly suitable for applications requiring precise measurements, such as in the food and beverage, pharmaceuticals, and semiconductor industries. K-Band sensors excel in environments where factors like temperature variations, dust, and vapors may interfere with measurements. Their higher frequency allows for smaller antennas, which can be advantageous in tight spaces. The enhanced accuracy and reliability of K-Band radar sensors make them a preferred choice for various applications where measurement precision is critical.

X-Band:

X-Band radar level sensors operate within a frequency range of 8 to 12 GHz and are known for their versatility and performance in a wide range of applications. These sensors are particularly effective for measuring both liquids and solids in various industries, including chemicals, oil and gas, and food and beverage. X-Band sensors provide a balanced performance of resolution and range, making them suitable for challenging measurement environments. The ability to deliver accurate measurements in conditions with significant obstacles, such as dust or steam, makes X-Band radar sensors a valuable tool in industrial settings where reliability is essential. Their adaptability and effectiveness contribute to their growing adoption across multiple sectors.

W-Band:

W-Band radar level sensors operate in the frequency range of 75 to 110 GHz and provide the highest frequency and resolution among radar sensors. These sensors are particularly suitable for applications that require extremely precise level measurements, such as in the pharmaceutical and semiconductor industries, where even small variations can have significant consequences. The high frequency of W-Band sensors enables them to detect minute changes in level, making them invaluable in research and development settings. However, their higher cost compared to other radar sensors may limit their use in some applications; nevertheless, they remain the go-to choice for critical measurements where precision is paramount.

By Region

The Radar Level Sensors market's regional analysis reveals distinct trends and growth opportunities across different geographies. North America currently holds the largest market share, estimated at around 35%, driven by the presence of advanced manufacturing facilities and a strong focus on automation in industries such as oil and gas, chemicals, and pharmaceuticals. The region's regulatory environment also encourages the adoption of advanced level measurement technologies, which further supports the market's growth. Following closely, Europe accounts for approximately 30% of the market share, with significant contributions from countries like Germany and the United Kingdom, where stringent regulations and technological advancements pave the way for increased adoption of radar level sensors. The European market is anticipated to grow at a CAGR of 6.0%, reflecting the region's commitment to maintaining high safety and quality standards across various industries.

Asia Pacific is emerging as a high-growth region in the Radar Level Sensors market, with an estimated share of around 25%. Countries such as China, Japan, and India are experiencing rapid industrialization and urbanization, leading to a surge in demand for efficient measurement technologies in sectors like manufacturing, oil and gas, and water treatment. The Asia Pacific region is expected to witness the highest growth rate, projected at a CAGR of 7.5%, driven by government initiatives promoting automation and sustainability. Meanwhile, Latin America and the Middle East & Africa, together accounting for approximately 10% of the market share, are expected to experience steady growth due to expanding industrial sectors and increasing investments in infrastructure development.

Opportunities

The Radar Level Sensors market is poised for significant growth opportunities driven by several factors. One of the prominent opportunities lies within emerging markets, particularly in Asia-Pacific and Latin America, where rapid industrialization and urban development are creating a demand for efficient level measurement solutions. As manufacturers in these regions strive to enhance operational efficiencies and comply with environmental regulations, the adoption of advanced technologies such as radar level sensors becomes imperative. Additionally, the ongoing shift towards automation and smart manufacturing practices presents a considerable opportunity for radar level sensor manufacturers. Developing innovative solutions that integrate seamlessly with existing automation systems can attract a broader range of customers looking to improve their operational processes.

Furthermore, the increasing focus on sustainability and environmental conservation is presenting new opportunities for radar level sensors. Industries are under constant pressure to minimize waste and optimize resource usage, which radar sensors can facilitate through precise level measurement and monitoring. The potential for radar level sensors to be utilized in renewable energy applications, such as monitoring levels in biogas production or solar energy storage, is also an emerging opportunity. By developing specialized radar level sensors tailored for these applications, manufacturers can tap into a growing market segment that aligns with global sustainability goals. Overall, the convergence of technological advancements, regulatory pressures, and sustainability initiatives is expected to open up numerous opportunities for growth in the Radar Level Sensors market.

Threats

Despite the promising outlook for the Radar Level Sensors market, several threats could hinder its growth trajectory. One of the most significant threats is the presence of alternative technologies that offer similar functionalities, such as ultrasonic and capacitive level sensors. These competing technologies may present challenges in terms of pricing and market penetration, particularly in developing regions where cost is a major consideration for manufacturers. As these alternative solutions continue to evolve and improve, they may capture market share, especially in applications where cost-effectiveness is a priority over accuracy. Additionally, the increasing trend toward digitalization and smart manufacturing may lead to an oversaturation of the market with various sensing technologies, thereby intensifying competition and affecting profit margins for radar level sensor manufacturers.

Another significant threat to the Radar Level Sensors market is the fluctuating prices of raw materials and components used in manufacturing radar sensors. Supply chain disruptions, geopolitical tensions, and economic uncertainties can lead to increased costs and delays in production, impacting the availability and pricing of radar level sensors. As manufacturers navigate these challenges, they may find it difficult to maintain competitive pricing while ensuring product quality. Moreover, stringent regulatory requirements and compliance standards in various regions may pose additional challenges, as companies must invest in research and development to meet these evolving regulations. Consequently, the combination of competition from alternative technologies and supply chain challenges could pose threats to the sustained growth of the Radar Level Sensors market.

Competitor Outlook

• Endress+Hauser
• Emerson Electric Co.
• VEGA Grieshaber KG
• Siemens AG
• KROHNE Group
• Honeywell International Inc.
• Yokogawa Electric Corporation
• Radiant Vision Systems
• Magnetrol International, Inc.
• LevelPro, Inc.
• Azbil Corporation
• Badger Meter, Inc.
• Schneider Electric SE
• ABB Ltd.
• Digitron Italia S.r.l.

The competitive landscape of the Radar Level Sensors market is characterized by the presence of well-established players and newcomers striving to make their mark. Companies like Endress+Hauser and Emerson Electric Co. have maintained strong positions in the market due to their extensive product portfolios, robust technological capabilities, and global presence. These established firms leverage their research and development resources to innovate and enhance their radar sensor technologies, ensuring they meet the diverse needs of various industries. Additionally, partnerships and collaborations with other technology providers are common strategies employed by these companies to expand their market reach and deliver comprehensive solutions that integrate with existing systems.

On the other hand, newer players and smaller enterprises are entering the Radar Level Sensors market by focusing on niche applications or specific industry needs. These companies often prioritize agility and customer service, aiming to provide customized solutions that cater to unique requirements in sectors such as pharmaceuticals or food and beverages. Competitive pricing and value-added services are key differentiators for these emerging companies, enabling them to capture market share from larger incumbents. As they develop innovative products and technologies tailored to specific applications, these new entrants contribute to the dynamic nature of the radar level sensors market.

Among the prominent competitors, companies like VEGA Grieshaber KG, Siemens AG, and KROHNE Group are notable for their comprehensive range of radar level measurement solutions, which cater to various industrial applications. For instance, VEGA's radar sensors are recognized for their reliability and performance in challenging environments, while Siemens provides state-of-the-art radar technology that integrates seamlessly with digital solutions for enhanced process control. KROHNE is known for its innovative radar solutions that offer high precision and accuracy in level measurement, making it a preferred choice for industries such as oil and gas. These companies continually push the boundaries of radar technology, ensuring they remain competitive and relevant in a rapidly evolving market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 ABB Ltd.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Siemens AG
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 KROHNE Group
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Endress+Hauser
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 LevelPro, Inc.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Azbil Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Badger Meter, Inc.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 VEGA Grieshaber KG
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Emerson Electric Co.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Schneider Electric SE
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Digitron Italia S.r.l.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Radiant Vision Systems
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Honeywell International Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Magnetrol International, Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Yokogawa Electric Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Radar Level Sensors Sales Market, By Application
    • 6.1.1 Oil & Gas
    • 6.1.2 Chemicals
    • 6.1.3 Water & Wastewater
    • 6.1.4 Food & Beverages
    • 6.1.5 Pharmaceuticals
  • 6.2 Radar Level Sensors Sales Market, By Product Type
    • 6.2.1 Non-Contact Radar Level Sensors
    • 6.2.2 Contact Radar Level Sensors
  • 6.3 Radar Level Sensors Sales Market, By Industry Vertical
    • 6.3.1 Industrial
    • 6.3.2 Chemical
    • 6.3.3 Oil & Gas
    • 6.3.4 Food & Beverage
    • 6.3.5 Pharmaceutical

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Radar Level Sensors Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Radar Level Sensors Sales market is categorized based on

By Product Type

• Non-Contact Radar Level Sensors
• Contact Radar Level Sensors

By Application

• Oil & Gas
• Chemicals
• Water & Wastewater
• Food & Beverages
• Pharmaceuticals

By Industry Vertical

• Industrial
• Chemical
• Oil & Gas
• Food & Beverage
• Pharmaceutical

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Endress+Hauser
• Emerson Electric Co.
• VEGA Grieshaber KG
• Siemens AG
• KROHNE Group
• Honeywell International Inc.
• Yokogawa Electric Corporation
• Radiant Vision Systems
• Magnetrol International, Inc.
• LevelPro, Inc.
• Azbil Corporation
• Badger Meter, Inc.
• Schneider Electric SE
• ABB Ltd.
• Digitron Italia S.r.l.