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Market Insights on Growth of Level Sensor Market During 2017 - 2025

11-03-2017 10:18 AM CET | IT, New Media & Software

Press release from: Transparency Market Research

Market Insights on Growth of Level Sensor Market During 2017 -

A level sensor is a device which is used to determine the level of fluids that flow in open and closed systems. Level sensors are connected to a monitoring system which displays the output. This device is used for two types of level measurements, namely continuous and point level measurements. In continuous measurements, the level sensor is used for measuring level of fluids to a specific limit. In point level measurement, the level sensor determines if the level of the liquid is high or low.

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A variety of level sensors are available in the market. Ultrasonic, capacitance, and optical level sensors are the most widely used level sensors. Fluids play an essential role in various medical, industrial, and consumer equipment. Every equipment utilizing fluids contains a vessel that consists of the fluid which is supplied into a large or small tank. Sensing the liquid level is critical and it has to be done using dedicated devices to check the level of fluids in the container or tank. Major applications of level sensors include pharmaceutical applications, food and beverage applications, and wastewater treatment plants.

Demand for level sensors is driven by the anticipated demand from its end-users in the fields of engineering, healthcare, energy and power, oil & gas, wastewater, and industrial manufacturing. Technological advancement has led to the introduction of innovative level sensors in the market. Wireless transmission of data to monitoring systems is an evolving technology in the level sensor market. Demand for non-contact sensors has grown on account of increase in non-contact measurement. The digitization in the oil & gas industry is expected to offer huge growth opportunity to the level sensor market. Level sensors are manufactured in a variety of sizes, shapes, and made of various materials. The level sensor market includes several small and large players. Presence of a large number of players in the market makes it price sensitive since level sensors are available at competitive prices.

The level sensor market is segmented on the basis of technology, monitoring system type, application, and region. The level sensor market by technology is classified into contact level sensors and non-contact level sensors. The contact level sensor market is further segmented into level sight gauge, RF capacitance, resistance tape, displacer, contacting ultrasonic, and bubble tube. The non-contact level sensor market is segmented into radar, non-contacting ultrasonic, load cells, and nuclear. The level sensor market by monitoring system type is classified into continuous level monitoring and point level monitoring. The continuous level monitoring market is further segmented into magnetostrictive, resistive chain level, magnetoresistive, hydrostatic pressure level, air bubbler, and gamma ray. The point level monitoring market is segmented into vibratory probe, rotating paddle, admittance, magnetic and mechanical float, pneumatic, and conductive. By application, the market is segmented on the basis of application of level sensors across industries such as energy and power, oil & gas, healthcare, water treatment plants, chemical industry, wastewater treatment plants, pharmaceutical industry and others. On the basis of geography, the level sensor market can be segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. The report also provides country level analysis for each of the segments. The U.S., Canada, Germany, Italy, France, U.K., China, Japan, India, Saudi Arabia, Africa, Brazil, and Argentina are the countries included in the market study of the level sensor market.

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Some of the key players in the level sensor market include ABB Ltd, Emerson Electric Co., Siemens AG, AMETEK, Inc., Honeywell International Inc., Fortive Corporation, KROHNE Messtechnik GmbH, NOHKEN Inc., TE Connectivity Ltd, Texas International Incorporated, and Madison Company.

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Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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