Level Sensor Market Share Report 2020-2025 by IMARC Group According to the latest report by IMARC Group, titled "Level Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global level sensor market grew at a CAGR of around 8% during 2014-2019 and expected to continue its moderate growth during the next five years.
A level sensor is a device that is utilized to determine the level of free-flowing substances or fluids in an open or closed system of any equipment. It is designed to maintain, monitor and measure levels of the liquid as well as fluidized solids, such as slurries, powders and granular materials, in an accurate manner. The sensor further converts the perceived data into an electric signal upon detecting the liquid level. These sensors are widely available in different varieties and sizes that are employed for diverse sensing techniques and requirements. Consequently, they are extensively utilized for numerous application segments across the chemical, pharmaceutical, oil and gas, food and beverage, energy, and mining sectors.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Level Sensor Market 2020-2025 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
ABB Ltd, Ametek Inc., Emerson Electric Co., Endress+Hauser AG, Fortive Corporation, Honeywell International Inc, MTS Systems Corporation, Siemens Aktiengesellschaft, TE Connectivity Ltd., Texas Instruments Incorporated and VEGA Grieshaber KG (Grieshaber Gmbh & Co. Kg
The report has segmented the market on the basis on region, technology, monitoring type and application.
Breakup by Technology:
- Contact Level Sensor
- Non-Contact Level Sensor
Breakup by Monitoring Type:
- Continuous Level Monitoring
- Point Level Monitoring
Breakup by Application:
- Oil and Gas
- Chemicals and Pharmaceuticals
- Energy and Power
- Mining and Metal Processing
- Food and Beverage
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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