DUBLIN--(BUSINESS WIRE)--The "Level Sensor Market by Type, Application, and End Use: Global Opportunity Analysis and Industry Forecast, 2019-2026" report has been added to ResearchAndMarkets.com's offering.
The global level sensor market is expected to generate revenue worth $4,446.90 million in 2019, and is projected to reach $7,368.10 million by 2026, to register a CAGR of 6.50% during the forecast period.
Level sensor is a device that determines the level of fluids or other substances that flow in an open or closed system. There are two types of level measurements, namely, continuous and point level measurements. Continuous level sensors are used to measure levels to a specific limit, but they provide accurate results, whereas, point level monitoring sensors determine the level of fluid above or below a specific point. Level sensors detect the level of fluid or substance by establishing contact or either by non-contact technologies such as ultrasonic, radar, and other such methods.
Factors such as emerging advancement of level sensors, rapid adoption of industrial automation, and rise in use of level sensors in the energy & power industry drive the market. However, lack of precision and accuracy of level sensors and an increase in the adoption of electric vehicles hamper the market. Furthermore, the growth in the use of level sensors in the residential sector is expected to create lucrative opportunities for level sensors during the forecast period.
The application covered in the study include point level monitoring and continuous level monitoring. The point level sensor is sub-segmented into capacitance, optical, conductivity, and vibrating and float switch. The continuous level monitoring is further divided into ultrasonic and RADAR. In 2018, the point level monitoring dominated the global market, in terms of revenue, and is expected to secure a leading position during the forecast period.
Key Finding of The Level Sensor Market:
- The point level sensor segment accounted for the highest share of the market in 2018 with $2.62 billion, growing at a CAGR of 8.00% from 2019 to 2026.
- The energy & power industry generated the highest revenue, accounting for $1.10 billion in 2018.
- Asia-Pacific is expected to dominate the market, garnering 23.60% of the share during the forecast period.
Key Topics Covered:
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Key Findings
2.1.1. Top Impacting Factors
2.1.2. Top Investment Pockets
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.3. Key Forces Shaping Level Sensor Market
3.3.1. Moderate Bargaining Power of Suppliers
3.3.2. Moderate Threat of New Entrants
3.3.3. Low Threat of Substitutes
3.3.4. Moderate Intensity of Rivalry
3.3.5. Moderate Bargaining Power of Buyers
3.4. Pricing Analysis
3.4.1. Pricing Analysis of Product A, By Region, 2018 & 2025
3.5. Patent Analysis
3.5.1. By Region (2012-2017)
3.6. Market Dynamics
Chapter 4: Level Sensor Market, By Type
4.2. Contact Level Sensor
4.2.1. Key Market Trends, Growth Factors And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis By Country
4.3. Non-Contact Level Sensor
4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis By Country
Chapter 5: Level Sensor Market, By Application
5.2. Point Level Monitoring Level Sensor
5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis By Country
5.3. Continuous Level Monitoring Sensor
5.3.1. Key Market Trends, Growth Factors And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis By Country
Chapter 6: Level Sensor Market, By End Use
6.2.1. Key Market Trends, Growth Factors And Opportunities
6.2.2. Market Size And Forecast, By Region
6.2.3. Market Analysis By Country
6.3. Aerospace & Defense
6.4. Energy & Power
Chapter 7: Level Sensor Market, By Region
7.2. North America
Chapter 8: Competitive Landscape
8.1.1. Market Player Positioning, 2017
8.2. Market Share Analysis of Top Players, 2018 (%)
8.2.1. Vendor Share Analysis, By Geography
8.3. Top Winning Strategies
8.3.1. Top Winning Strategies, By Year
8.3.2. Top Winning Strategies, By Development
8.3.3. Top Winning Strategies, By Company
8.4. Product Mapping of Top 10 Player
8.5. Competitive Dashboard
8.6. Competitive Heatmap
8.7. Key Developments
8.7.1. New Product Launches
8.7.2. Other Developments
Chapter 9: Company Profiles: Auto Makers
9.1. Abb Ltd.
9.2. Ametek Inc.
9.3. Emerson Electric Co.
9.4. Endress+Hauser Management Ag
9.5. Honeywell International Inc.
9.6. Siemens Ag
9.7. Taiwan Semiconductor Manufacturing Company Limited
9.8. Te Connectivity
9.9. Texas Instrument
9.10. Vega Grieshaber Kg
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