The Level Sensor Market is Expected to Reach 5.32 Billion By 2023, Growing at a CAGR of 5.66% Between 2017 And 2023 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Level Sensor Market by Technology (Contact ( Magnetostrictive, Vibratory Probe), and Noncontact), Monitoring Type (Continuous Level Monitoring, and Point Level Monitoring), End-Use Application, and Geography - Global Forecast to 2023" report to their offering.

The Level Sensor Market is Expected to Reach 5.32 Billion By 2023, Growing at a CAGR of 5.66% Between 2017 And 2023

The key factors contributing to the growth of the level sensor market include the supportive government regulations, rise in vehicle production, and increasing advancement of the Industrial Internet of Things (IIoT). Moreover, the market is further driven by the development of smaller, smarter, and cheaper sensors, and the growing adoption of level sensors in the healthcare end-use application.

The level sensor market for point level monitoring is expected to witness the highest CAGR between 2017 and 2023. Level sensors with point level monitoring are economically priced and easy to install and setup. These sensors typically find their applications in overfill protection, high and low-level alarms, pump control, dry-run protection for pumps, and leakage detection in double containment piping systems or double-wall tanks. Moreover, level sensors with point level monitoring are widely used in the industrial manufacturing end-use application.

The market for contact level sensors is expected to hold the largest share during the forecast period. Contact level sensors operate well with a wide variety of media or liquid, including corrosives. Contact level sensors are popular because of their simplicity, dependability, and low cost. The higher market size of contact level sensors is attributed to the use of a large number of these sensors in the industrial manufacturing end-use application.

Level sensor market in APAC is expected to grow at the highest rate between 2017 and 2023.

Key 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 Monitoring Type

9 Level Sensor Market, By End-Use Application

10 Geographic Analysis

11 Competitive Landscape

12 Company Profiles

  • Abb Ltd.
  • Ametek, Inc.
  • Automated Sonix Corp.
  • Automation Products Group Inc.
  • Bin Master
  • Binmaster
  • Emerson Electric Co.
  • Endress+Hauser Ag
  • First Sensor Ag
  • Fortive Corporation
  • Gill Sensors & Controls
  • Honeywell International Inc.
  • Ifm Electronic Gmbh
  • Krohne Messtechnik Gmbh
  • Nohken Inc.
  • Pepperl+Fuchs Gmbh
  • Pic Gmbh
  • Senix Corporation
  • Sensirion Ag
  • Sick Ag
  • Siemens Ag
  • Ssi Technologies Inc.
  • Te Connectivity Ltd.
  • Texas Instruments Incorporated
  • Vega Grieshaber Kg
  • Waterline Controls

For more information about this report visit https://www.researchandmarkets.com/research/d9rg8q/level_sensor

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Related Topics: Gas and Chemical Sensors

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Gas and Chemical Sensors