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2019-06-18
290
Global
Level sensors are required to measure the liquid level. It has been in uses past a long time by both individual and industrial users. Challenging liquids to sense them have been always tedious task like soap containing bubbles or foam, milk, and sticky materials such as ink and glue are now possible and easier to measure and notice with the different types of available level sensors in market. Level sensors technology such as ultrasonic can be used to sense fine-grained solid in the powder and food and beverages. The growth of end-use industries such as manufacturing, food and beverages, chemicals among others are driving the growth of the market. Goldstein Research analyst forecast that the global level sensors market is set to harness market revenue of USD 5.79 billion by 2025 growing at a CAGR of 5.50% over the forecast period (2017-2025). Further, level sensors are also used in everyday equipment such as coffee dispensers, water dispensers and refrigerators. The rising personal disposable income of people and the urbanization is expected to increase the application of level sensors and boost the growth of market.
By Technology
By Level Sensors Type
Based on level sensors type, non-contact segment accounted for largest market share of 22.5% in 2017 owing to its wide application in the industrial and commercial equipment.
By End-User
By Geography
Based on geography, Asia-Pacific region accounted for largest revenue share of 35.9% in 2017 of the global level sensors market on the back of rising automation and advancement across the multiple industries, which have increasing the demand for level sensors and high growth opportunities in terms of innovation. Asia Pacific is closely followed by North America region, growing at a CAGR of 5.68% over the forecast period.
Covered In This Global Level Sensors Market Report
The report covers the present ground scenario and the future growth prospects of the level sensors market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.
Global Level Sensors Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from farm market experts. The report covers the competitive landscape and current position of major players in the Global level sensors market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Level Sensors Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.
Our Global level sensors market report comprises of the following companies as the key players: Honeywell International, Inc., NXP semiconductors N.V., Qualcomm Technologies, Inc., STMicroelectronics N.V., NXP Semiconductors N.V., Robert Bosch GmbH, Hewlett Packard Enterprise Development LP, Atmel Corporation, Johnson controls international PLC, Taiwan Semiconductor Manufacturing Company Limited, SMIC, Texas instruments Inc., Sony Corporation, etc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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