Press release
Vibration Level Switch Market 2028 serves the investors, key players : KROHNE Messtechnik, Emerson Electric, VEGA Grieshaber, Siemens, KROHNE Messtechnik, ABB, Dwyer Instruments
The vibrating level switch market revenues surpassed US$ 604 million by the end of 2018, and it is likely to witness incremental growth to reach US$ 835 million by 2018. Benefits of vibrating level switched over traditional point level measurement technologies is among the primary drives of the vibration level switch market. Rising demand for vibration level switches in a wide range of end-user industries, including food & beverage and pharmaceuticals, is expected to trigger developments in the vibrating level switch market in the upcoming years.
Vibrating level switches are among the most widely used measurement instruments and find applications as overfill protection devices or low-level indicators in liquids. Vibration level switches can also be used in powdery solids and include a broad range of industrial applications, such as wet or dry indication in pipes, pump controls, high-low fail-safe limit switch, and overfill or dry run protection.
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Vibration Level Switch Market Dynamics
Europe to Dominate with Increasing Adoption of Process Automation Technologies
Stringent machine safety regulations and functional safety directives implemented in European countries is one of the most important drivers of the vibration level switch market in Europe. Functional safety standards, such as IEC 61508, are developed by governing bodies, which industry player need to conform to with the adoption of measurement instruments, such as vibration level switches.
Furthermore, leading end-user industries in the European market for vibration level switch are increasingly adopting advanced process automation systems, which is providing an impetus to the demand for vibration level switches in the region. The rapidly-growing European food & beverages industry is expected to have a major contribution in creating more lucrative opportunities for stakeholders in the vibration level switch market in Europe.
Demand for Vibration Level Switches to Remain High in Liquid Applications
While vibration level switches are commonly used in both solid and liquids applications, incumbent industry manufacturers are adopting vibration level switches to ensure the safety of storage and transportation of dangerous liquids. Hazardous liquids are handled every day in various industrial applications, such as oil & gas and mining, which require sufficient overfill prevention systems. Thereby, vibration level switches are employed in these industrial applications to protect the environment and human health from potentially dangerous liquids.
Another important factor to boost demand for vibration level switches in liquid applications is the need for point level detection of hazardous fluids in process tanks and pipelines. High performance characteristics of vibration level switches including resistance to vibration, turbulence, foam, and build-up. Thereby, vibration level switches are witnessing high demand in liquid applications for seal pot low level indication, overfill prevention, and retention dike level alarms.
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Vibration Level Switch Market – Competitive Landscape
Endress+Hauser, KROHNE Messtechnik, Emerson Electric, VEGA Grieshaber, Siemens, KROHNE Messtechnik, ABB, Dwyer Instruments, Nivelco Process Control, Bürkert Fluid Control Systems, AMETEK, Pepperl+Fuchs, Flowline, Finetek Group, Magnetrol International, and Matsushima Measure Tech are among the important stakeholders in the vibration level switch market.
Vibration Level Switch Market – Segmentation
The vibration level switch market can be bifurcated on the basis of:
Technology
Applications
End-user Industry
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