DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/dxr8x3/level_sensors) has announced the addition of the "Level Sensors Market - Global Trends & Forecast to 2022" report to their offering.
The global level sensors market is expected to exhibit high growth potential till 2022. The overall market is expected to reach USD 4.89 Billion by 2022, at a CAGR of 5.4% between 2016 and 2022.
The increasing number of government regulations to control pollution, gradual decrease in sensor sizes, increasing production of vehicles, and the economic growth of Asian countries such as China and India are driving the growth of this market.
North America holds the second-largest share of the level sensors market in 2015, while the market in APAC is expected to be the largest as well as to grow at the highest CAGR during the forecast period. This growth of the market in APAC can be attributed to the greater demand for level sensors and economic growth in China and India. The level sensors market in APAC is in the developing stage and the ongoing development in this region makes it a lucrative and high-potential market.
Factors such as increasing competition from MNCs, maturity of certain critical end-user markets, and the advent of thin film technology are the major restraints for the growth of this market.
Companies Mentioned:
- ABB Ltd.
- Ametek, Inc.
- Emerson Electric Co.
- Endress+Hauser AG
- First Sensor AG
- Gems Sensors, Inc.
- Honeywell International Inc.
- Krohne Messtechnik GmbH
- Nohken Inc.
- Pepperl+Fuchs GmbH
- Siemens AG
- Vega Grieshaber Kg
Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Level Sensor Market, By Technology
8 Level Sensor Market, By End-User Industry
9 Level Sensors Market, By Monitoring Type
10 Level Sensor Market, By Geography
11 Competitive Landscape
12 Company Profiles
For more information visit http://www.researchandmarkets.com/research/dxr8x3/level_sensors
