LONDON--(BUSINESS WIRE)--The worldwide microwave level sensor market value stood at over USD 662 million. Driven by the enhancing demand for greater accuracy from different process industries (for instance, pharmaceutical, pulp & paper, gasoline, food & beverage, metals & mining, ceramics, chemicals & petrochemicals industries), the value of the global market for microwave level sensors is anticipated to witness positive growth at an almost 9% CAGR and is expected to exceed USD 1.23 billion by 2022.
On the basis of application, the industrial sector took lead in the world market for microwave level sensors in the previous year.
At present, the APAC microwave level sensor market is on a prosperous growth curve in terms of consumption in a wide array of end-use industries, especially chemicals, semiconductors and food & beverage. This regional market for microwave level sensors is predicted to register the highest CAGR in the next 5 years.
In-demand research publication “Global Microwave Level Sensor Market - By Sensing Technology, Monitoring Type, Application, Geography Forecast to 2022” worked out by MicroMarketMonitor has been recently uploaded at MarketPublishers.com.
Published: June, 2016
Price: US$ 4,250.00
This report contains a granular analysis of the global microwave level sensor market, offers access to important industry performance estimates and updated statistics. It provides historical insights, describes the current scenario and discusses future growth prospects. The research study includes reliable info on the major market growth limiters, drivers, trends, opportunities and challenges; touches upon the regulative framework, investigates the situation across the major geographies, and also presents an all-round microwave level sensor market assessment on the basis of monitoring type, sending technology and application. It explored the competitive landscape and uncovers details on top companies active in the world market. In addition, the report gives forecasts for the microwave level sensor market through 2022.
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