Contact Level Sensors Market Share to Be Dented by the Non-contact Counterparts in Near Term

MarketResearchReports.Biz has recently announced the Latest industry research report on: " Global Contact Level Sensors Market Research Report 2018".

A report by MarketResearchReports.biz, titled, “Global Contact Level Sensors Market Research Report 2018,” finds that contact level sensors enjoy greater market share compared to non-contact level sensors in the overall level sensors market. However, the latter are making a compelling bid for market share owing to their myriad benefits.

Level sensors are used by industries to find out the level of fluids so as to prevent overflowing. They can also be used in measuring fluidized solids such as slurries, powders, and granular materials. The substance meant to be measured remains intact in its natural form inside the container. The measurement could either be continuous or of point values.

Level sensors are of two types – contact and non-contact. At present, the contact level sensors market is raking up larger revenues and going forward would likely rise steadily owing to various end use industries such as automotive, consumer, petrochemicals, healthcare, oil and gas, chemicals, water and wastewater management, power, and manufacturing. Of them, the automobile segment, which are equipped with sensors to keep a tab on the amount of fuel in the tank, currently generates maximum demand in contact level sensors market.

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 The different types of contact level sensors available in the market can be broadly classified as optical, ultrasonic, microwave or radar, laser, MEMS (micro-electro-mechanical systems), and others. Introduction of more evolved versions of these products owing to continued thrust on cutting-edge research and development is providing a healthy fillip to the contact level sensors market. A result of it is the evolution of smart sensors which are also used for measuring gas flow. They steal a march over other contact level sensors owing to their ability to interface easily with computers. They are outfitted with microprocessors that offer crucial information about the performance of the instrument, accurately and effectively. Smart sensors are also easy to install and maintain, and they are particularly being used in oil and gas and food and water industries. Such products are expected to have a major positive impact on contact level sensors market.

However, one major challenge staring at the contact level sensors market is the emergence and popularity of non-contact level sensors such as ultrasonic level sensors and radars owing to their usage in hazardous environment.

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From a geographic standpoint, currently North America and Europe are prominent contact level sensors market. This is because in developed nations of the U.K., the U.S., Germany, and others, industrial and municipal wastewater treatment is a large market owing various stringent government regulations. Asia Pacific is also proving to be an attractive contact level sensor market which most savvy players are targeting because of the numerous semiconductor manufacturers based out of China, Korea, and Japan.

Emerson Electric, ABB Ltd., Endress+Hauser, Siemens, vega Grieshaber, Honeywell International, Nohken, TE Connectivity, and Texas Instruments are to name a few of the key companies operating in the global contact level sensors market.

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