Level Sensor Market Size, Growth, Share | Industry Trends 2022-2030

The global level sensor market size is expected to be worth around US$ 12.8 billion by 2030, according to a new report by Vision Research Reports.

The global level sensor market size was valued at US$ 5.2 billion in 2020 and is anticipated to grow at a CAGR of 7.6% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 12.8 Bn by 2030
Growth Rate CAGR of 7.6% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Technology, application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Siemens AG; ABB; Ltd.; Emerson Electric Company; and MTS Sensor

Growth Factors

The growing demand for intelligent instruments equipped with microprocessors that provide information about the performance of the instrument is expected to fuel the market growth. The ability to offer higher accuracy and efficiency along with easy installation and maintenance is anticipated to drive the industry growth. The increasing acceptance of smart multiphase sensors in the oil & gas and food & water industries has led to enhanced growth.

The increasing use of smart sensors capable of two-way communication and self-diagnosis is projected to drive the market growth. For instance, applications such as water conservation make use of digital technology can be connected to microcontrollers to monitor water usage and capacity.

By Application Analysis

Based on applications, the level sensor market is segmented into automobile, consumer electronics, healthcare, industrial process, oil & gas, and others. Manufacturers are increasingly focusing on reliability requirements and lowering the repair cost in case of any damage.

The dry bulk segment is expected to witness significant growth over the forecast period with a CAGR of 6.0%. Dry bulk level measurement devices are used for performing a number of tasks, such as processing, transportation, and storage of bulk solids in the plastic industry.

The growing awareness regarding high-quality pet food ingredients among pet owners, which has resulted in an increasing demand for specialty ingredients, is expected to influence the level sensor market growth over the forecast period.

By Technology Analysis

Based on technology, the market is segmented into contact type/point level and non-contact type/continuous level sensors. The market is experiencing a transition from contact type to non-contact type owing to their flexibility, accuracy in measurement, and a lesser need for maintenance.

Non-contact/continuous level sensors are electronic devices that generate the electromagnetic field for level measurement. These sensors operate faster and have greater application flexibility.

Contact/point level are electrochemical devices that are used to detect a change through physical contact with the target material/object. Magnetostrictive, vibratory probe, hydrostatic, and magnetic float are a few types of contact sensors.

By Regional Analysis

The European market is anticipated to witness considerable growth due to its dominance in the Information and Communications Technology (ICT) and computing sectors.

The presence of a large number of semiconductor manufacturers in Korea, China, and Japan is anticipated to spur the Asia Pacific regional market. Additionally, the growing concern toward the environment and water management also positively impact the market growth over the forecast period.

Key Players

Siemens AG; ABB; Ltd.; Emerson Electric Company; and MTS Sensor.

Market Segmentation

  • By Technology
    • Contact type/point level
    • Non-contact type/continuous level
  • By Application
    • Automotive
    • Consumer electronics
    • Healthcare
    • Industrial process
    • Oil & gas
    • Dry bulk
    • Others
  • Region
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • UK
    • Asia Pacific
      • China
      • Japan
      • India
    • Latin America
      • Mexico
      • Brazil
    • Middle East and Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Level Sensor Market, By Technology

7.1.  Level Sensor Market, by Technology, 2021-2030

7.1.1.    Contact type/point level

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Non-contact type/continuous level

7.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Level Sensor Market, By Application

8.1.  Level Sensor Market, by Application, 2021-2030

8.1.1.    Automotive

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Consumer electronics

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Healthcare

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Industrial process

8.1.4.1.        Market Revenue and Forecast (2017-2030)

8.1.5.    Oil & gas

8.1.5.1.        Market Revenue and Forecast (2017-2030)

8.1.6.    Dry bulk

8.1.6.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Level Sensor Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Technology (2017-2030)

9.1.2.    Market Revenue and Forecast, by Application (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Technology (2017-2030)

9.2.2.    Market Revenue and Forecast, by Application (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Technology (2017-2030)

9.3.2.    Market Revenue and Forecast, by Application (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Technology (2017-2030)

9.4.2.    Market Revenue and Forecast, by Application (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Technology (2017-2030)

9.5.2.    Market Revenue and Forecast, by Application (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Technology (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by Application (2017-2030)

Chapter 10.  Company Profiles

10.1.              Siemens AG

10.1.1.  Company Overview

10.1.2.  Technology Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              ABB Ltd

10.2.1.  Company Overview

10.2.2.  Technology Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Emerson Electric Company

10.3.1.  Company Overview

10.3.2.  Technology Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              MTS Sensor

10.4.1.  Company Overview

10.4.2.  Technology Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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