Global Optical Liquid Level Sensor Market Set to Expand; North America to Contribute Highest Market Share

Market Overview

The growing adoption of level sensors with optical interface as an ideal replacement to the existing floating level sensors has significantly influenced the growth of the global market for optical liquid level sensors. The rising instances of ineffectual floating level switches to monitor liquid levels has stimulated the awareness and the demand for optical liquid level sensors. As a result, industrial applications of optical level sensors has magnified, benefiting the expansion of the global market size for optical liquid level sensors.

Being a comparatively less expensive liquid sensing technology existing in the market has also promoted the demand for optical liquid level sensors. The trending practice of implementing optical liquid level sensors made from polymers for monitoring fluid levels in dialysis machines, industrial washers and medical water distillers will continue to drive the market growth. Meanwhile, stainless steel optical sensors installed in refrigeration units and hydraulic processes to operate under a higher PSI is regarded as major industrial trend fuelling the demand for optical liquid level sensors.

Global Optical Liquid Level Sensors Market: Growth Opportunities

There are several undisclosed opportunities which have tremendous potential of positively impacting the optical liquid level sensor market future. Development of end-user specific optical liquid level sensors has the scope of augmenting the product portfolio of such sensors. Customisation and personalisation of optical liquid level sensors will boost their demand at household levels. Further developments towards designing custom-made liquid level monitoring solutions will supplement the demand for optical liquid level sensors in the form of system components.

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Simultaneously, the need to enhance the profitable opportunities existing in the market is equally necessary. The global market for optical liquid level sensors is expected to expand when the sensors are pervasively used by home appliance manufacturers in the auto top-off for ice makers, low-level indication of water or detergent, and for condensate sensing in air conditioners.

Optical Liquid Level Sensors: Market Dynamics

The primary factors driving the growth of the global optical liquid level sensors market include,

Technological developments

The use of infrared light to detect the water levels is one such development that has helped the sensing efficiency, generating more demand for optical liquid level sensors.

Rise in the implantation

Owing to such technological advancements, the industrial use of optical liquid level sensors has witnessed a substantial upsurge.

Automation

Household appliance manufacturers are using optical liquid level sensors as sensing elements within water-based devices such as dishwashers to enable the automated functions.

Wide range of features

Varying according to the applications, the basic features of optical liquid level sensors that have lifted their demand include flexible operating temperature range, efficient supply voltage range, lower power consumption levels, etc.

Even though their compact size, absence of moving parts, and low cost prove to be advantageous for the growth of the market, there are a few factors limiting the use of optical liquid level sensors. The primary restraint hindering its applicability is the fact that optical sensors can work only in clean translucent liquids. The infrared light is unable to identify levels of sludgy or muddy fluids, which makes optical liquid level sensor impractical for their implementation in wastewater treatment processes.

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Another major challenge for the universal use of optical liquid level sensors is their malfunctioning in high-stress environments. The calibration of fluid level monitoring in complex environment is flawed due to external factors such as fluctuating voltage, drastic temperature change and physical damages. Optical sensors are also unsuitable when top-mounted as the sensing accuracy becomes defective due to moisture condensation, indirectly limiting its use and restraining the demand for optical liquid level sensors.

Asia Pacific to Witness High Adoption of Optical Liquid Level Sensors

The global market for optical liquid level sensor is segmented into seven key regions on the basis of geography. The global optical liquid level sensors market is niche, but it has expanded prominently in regions of North America and Europe. In terms of market share contribution, North America is expected to continue its dominance on the global market. Asia Pacific (APAC) countries are projected to increase the consumption of optical liquid level sensors during the forecast period (2015-2025). While APAC region is likely to expand the industrial use of optical sensors, Middle East & Africa and Latin America are expected to register sluggish penetration during the forecast period.

Market Segmentation

Apart from the geographical classification, the global optical liquid level sensor market is segmented on the basis of applications,

Oil & Liquefied petroleum gas (LPG)
Consumer Sector
Chemicals
Defence & Aerospace
Automotive & Transportation
Power & Manufacturing
Industrial Usage
Healthcare
Others

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Key Competitors

In order to assert dominance in the various industrial applications of optical liquid level sensors, there is stiff competition brewing up in the global market. Gems Sensors & Control Co., Honeywell International, Inc., OMEGA Engineering Inc., Siemens AG, and SST Sensing Ltd., etc. among others are some of the key competitors, aiming at strategic collaborations with other players and increasing R&D expenditure to dominate the market share of the global market for optical liquid level sensors. In an effort to integrate optical liquid level sensor with communication system, a leading optical sensors manufacturer, Honeywell, offers fibre optic sensors with Serial Real-time Communication System (SERCOS) liquid level sensors.

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This release was published on openPR.