According to the latest report by IMARC Group, titled “Level Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global level sensor market size to continue its moderate growth during the next five years.
Level sensor is a device used to determine the level of fluid or other free-flowing substances in an open or a closed system. These sensors are widely available in numerous varieties and sizes employed for diverse sensing techniques and requirements. They monitor and measure levels of the liquid as well as fluidized solids, including slurries and granular materials. Level sensors further convert the perceived data into an electric signal upon detecting the liquid level. As a result, these sensors find extensive applications across various industries, including oil & gas, energy, food & beverage, metals and mining, chemicals, etc.
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The market is primarily driven by rising penetration of automation and digitalization trends across various industries. Level sensors are widely adopted for measuring the water level, tank level, distance ranging, and wireless level monitoring in hydraulic power packs and cooling circuits in nuclear power plants. Moreover, several technological advancements have led to the integration of level sensors with laser and ultrasonic technologies, thereby further driving the global market. Rapid incorporation of Industrial Internet-of-Things (IIoT) that enable wireless and remote monitoring of fluid levels in the reservoirs is also catalyzing the market growth. The emergence of nano-digital sensors and optical liquid sensors to facilitate precise level measurement is further expected to drive the global market for level sensors.
Level Sensor Market 2020-2025 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- ABB Ltd
- Ametek Inc.
- Emerson Electric Co.
- Endress+Hauser AG
- Fortive Corporation
- Honeywell International Inc
- MTS Systems Corporation
- Siemens Aktiengesellschaft
- TE Connectivity Ltd.
- Texas Instruments Incorporated
- VEGA Grieshaber KG (Grieshaber Gmbh & Co. Kg)
The report has segmented the market on the basis of technology, monitoring type, application and region.
Breakup by Technology:
- Contact Level Sensor
- Non-Contact Level Sensor
Breakup by Monitoring Type:
- Continuous Level Monitoring
- Point Level Monitoring
Breakup by Application:
- Oil and Gas
- Chemicals and Pharmaceuticals
- Energy and Power
- Mining and Metal Processing
- Food and Beverage
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Breakup by Region:
- North America
- United States
- Asia Pacific
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020-2025)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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