Level Sensor Market

Level Sensor Market by Technology (Contact ( Magnetostrictive, Vibratory Probe), and Noncontact (Ultrasonic, Optical)), Monitoring Type (Continuous Level Monitoring, and Point Level Monitoring), End-Use Application, and Geography - Global Forecast to 2023

Report Code: SE 2499 Jun, 2017, by marketsandmarkets.com

The overall level sensor market is expected to grow from USD 4.0 billion in 2018 to USD 5.9 billion by 2025; it is estimated to grow at a CAGR of 5.7% during the forecast year. Key factors driving the growth of level sensor market include the increasing advancement toward smaller, smarter and cheaper sensors; supportive government regulations; rise in vehicle production; increasing advancement of the Industrial Internet of Things (IIoT), and growing adoption of level sensor in the healthcare end-use.

Level Sensors Market

Non-contact level sensor is expected to gain largest share of level sensor market in 2018

Market for non-contact level sensor is expected to gain the largest share of the level sensor market by 2025. The leading position of the level sensor market for these sensors can be attributed owing to the increasing adoption of non-contact level sensors in various end-use applications such as wastewater or water, mining, and power stations. The noncontact level sensors are replacing contact level sensors because of their greater accuracy, flexibility in level sensing, and measurement.

Continuous level monitoring type is expected to hold significant share by 2025

Continuous level monitoring type is expected to account for the largest share of the level sensor market by 2025. Continuous level monitoring measures the amount of material in a storage vessel on a continual basis; hence, it is considered ideal for monitoring material inventory in any tank or vessel to prevent downtime. As a result, it is growing due to its increasing use for process control and inventory control & management.

Oil & Gas end-use application to hold largest share in level sensor market during 2019–2025

The oil & gas end-use application is expected to account for the largest share in the overall level sensor market during the forecast period. Due to the growing technical advancement and increasing global demand for fossil fuels, the oil companies are being forced to increase production efficiency. Oil companies are implementing advanced level sensor to increase the efficiency, safety, and productivity of oil production and refining.

Level Sensors Market

Level Sensor Market in APAC expected to grow at highest rate during 2019–2025

The Level Sensor Market in APAC is expected to grow at the highest CAGR during the forecast period. The region’s huge population, high industrial growth in developing countries like China and India, government initiatives and extensive industrial base are the major factors that make APAC a dynamic region for level sensor, with India and China being the major contributors.

Key market players

Key players in the level sensor market include ABB (Switzerland), Emerson Electric Co. (US), Endress+Hauser AG (Switzerland), Vega Grieshaber KG (Germany) and Siemens AG (Germany). Organic growth strategies, such as product launches, is a focus of many of the companies mentioned above.

Prominent players have adopted product launches, followed by mergers and acquisitions as the key business strategy to expand their share in the level sensor market. For instance, in July 2015, ABB Ltd. launched the new ProcessMaster electromagnetic flow meter designed specifically for the oil and gas industry. The typical applications of the ProcessMaster series include processed water, drilling mud, and fracking fluid. Also, in May 2015, the company launched the LMS100 SPDT switch for mounting on level gauges. The LMS100 switch can sense high or low levels within a vessel. Its unique magnetic coupling action eliminates the need for seals, diaphragms, springs, or torque tubes.

Scope of the Report:

Report Metric

Details

Report Name

Level Sensor Market

Base year

2018

Forecast period

2019–2025

Forecast units

Value in terms of USD million and billion

Segments covered

Product, System Type, Software & Services, Function, Industry, and Region

Geographic regions covered

North America, APAC, Europe, and RoW

Companies covered

ABB (Switzerland), Emerson Electric Co. (US), Endress+Hauser AG (Switzerland), Vega Grieshaber KG (Germany) and Siemens AG (Germany).

Major market developments

  • In April 2017, Emerson Electric Co. introduced the ‘SIL 3-capable Rosemount 5408’, a noncontact radar level transmitter. The noncontact level radar is designed to reduce the complexity during level measurement for tank monitoring, process control, and overfill prevention.
  • In September 2016, Endress+Hauser AG launched the tank gauging platform, a complete monitoring and inventory control system for tank farms and terminals in the chemicals, oil and gas, and refining industries for storage and transfer of large amounts of liquid or solid materials.
  • In January 2017, Vega Grieshaber KG launched a process sensor ‘PLICSCOM’ with wireless operations. The sensor has a Bluetooth functionality, which simplifies diagnostics and facilities operations. This sensor is suitable for level measurement in water treatment and pump stations, as well as storm water overflow tanks.

Key questions addressed by the report

  • Where will all these developments take the industry in the mid-to-long term?
  • What are the upcoming trends in the level sensor market?
  • What are the opportunities for the existing players, as well as for those who are planning to enter at various stages of the level sensor value chain?
  • How will inorganic growth strategies implemented by key players impact the growth of the level sensor market, and who will have the undue advantage?
  • What are the emerging industrial applications of level sensor market?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Revenue of Companies in the Market
                    2.2.1.2 Analysis of Asps for Level Sensors
                    2.2.1.3 Shipment Analysis for Level Sensors
           2.2.2 Top-Down Approach
                    2.2.2.1 Estimating Value and Volume From Secondary Sources
                    2.2.2.2 Validating Derived Results With Companies’ Revenue and Primaries
                    2.2.2.3 Mapping Segment-I With the Remaining Segments Individually Through the “Water-Fall Model”
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 37)
    4.1 Attractive Opportunities in the Level Sensor Market
    4.2 Market, By Technology (2017–2023)
    4.3 Market, By Monitoring Type (2017–2023)
    4.4 Market, By End-Use Application (2017–2023)
    4.5 Market, By Region and End-Use Application
    4.6 Market, By Geography (2017–2023)

5 Market Overview (Page No. - 41)
    5.1 Market Dynamics
           5.1.1 Drivers
                    5.1.1.1 Rise in the Production of Vehicles
                    5.1.1.2 Development of Smaller, Smarter, and Cheaper Sensors
                    5.1.1.3 Supportive Government Regulations
                    5.1.1.4 Growing Adoption of Level Sensor in the Healthcare End-Use Application
                    5.1.1.5 Increasing Advancement of the Industrial Internet of Things (IIoT) and Industry 4.0
           5.1.2 Restraints
                    5.1.2.1 High Integration Cost of Thin-Film Technology
                    5.1.2.2 Increasing Competition From Tier 1 Players
                    5.1.2.3 Fluctuating Market Trend Observed in Mature End-Use Applications Likely to Hamper the Demand for Level Sensors
           5.1.3 Opportunities
                    5.1.3.1 Growth of Smart Application and Advancement in Ict-Enabled Technologies
                    5.1.3.2 Increasing Development of Nanotechnology Applications
           5.1.4 Challenge
                    5.1.4.1 Technical Issue Related to Accuracy

6 Industry Trends (Page No. - 49)
    6.1 Introduction
    6.2 Value Chain Analysis
           6.2.1 Core Industry Segments
                    6.2.1.1 Research and Development Institutions
                    6.2.1.2 Manufacturing and Assembly
                    6.2.1.3 Distribution and Marketing and Sales
                    6.2.1.4 End Users
    6.3 Key Industry Trends in the Market
    6.4 Regulations Related to Level Sensor 
           6.4.1 Regulations and Standards Related to Level Sensors

7 Market, By Technology (Page No. - 53)
    7.1 Introduction
    7.2 Contact Level Sensor
           7.2.1 Magnetostrictive
           7.2.2 Vibratory Probe
           7.2.3 Hydrostatic
           7.2.4 Magnetic & Mechanical Float
           7.2.5 Pneumatic
           7.2.6 Guided Wave
           7.2.7 Other Contact Type Technology
                    7.2.7.1 Rotating Paddle
                    7.2.7.2 Resistive Chain
                    7.2.7.3 Weight and Cable
    7.3 Noncontact Level Sensor
           7.3.1 Ultrasonic
           7.3.2 Microwave/Radar
           7.3.3 Optical
           7.3.4 Laser
           7.3.5 Other Noncontact Type Technology
                    7.3.5.1 Capacitance
                    7.3.5.2 Conductive
                    7.3.5.3 Nuclear
                    7.3.5.4 Air Bubbler
                    7.3.5.5 Load Cell

8 Market, By Monitoring Type (Page No. - 85)
    8.1 Introduction
    8.2 Continuous Level Monitoring
           8.2.1 Magnetostrictive
           8.2.2 Resistive Chain Level
           8.2.3 Magnetoresistive
           8.2.4 Hydrostatic Pressure Level
           8.2.5 Air Bubbler
           8.2.6 Gamma Ray
    8.3 Point Level Monitoring
           8.3.1 Vibratory Probe
           8.3.2 Rotating Paddle
           8.3.3 Admittance
           8.3.4 Magnetic & Mechanical Float
           8.3.5 Pneumatic
           8.3.6 Conductive

9 Market, By End-Use Application (Page No. - 92)
    9.1 Introduction
    9.2 Consumer Goods
    9.3 Industrial Manufacturing
    9.4 Energy & Power
    9.5 Healthcare
    9.6 Oil & Gas
    9.7 Chemicals
    9.8 Pharmaceuticals
    9.9 Wastewater
    9.10 Others
           9.10.1 Agricultural
           9.10.2 Paper & Pulp
           9.10.3 Construction

10 Geographic Analysis (Page No. - 112)
     10.1 Introduction
     10.2 North America
             10.2.1 US
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 UK
             10.3.2 Germany
             10.3.3 France
             10.3.4 Italy
             10.3.5 Rest of Europe
     10.4 Asia Pacific
             10.4.1 China
             10.4.2 Japan
             10.4.3 India
             10.4.4 South Korea
             10.4.5 Rest of APAC
     10.5 Rest of the World
             10.5.1 South America
             10.5.2 Middle East & Africa

11 Competitive Landscape (Page No. - 130)
     11.1 Overview
     11.2 Key Players in the Market
     11.3 Vendor Dive Overview
             11.3.1 Vanguards
             11.3.2 Innovator
             11.3.3 Dynamic
             11.3.4 Emerging
     11.4 Competitive Benchmarking
             11.4.1 Analysis of Product Portfolio of Major Players in the Market (25 Players)
             11.4.2 Business Strategies Adopted By Major Players in the Market (25 Players)

Top 25 Companies Analyzed for This Study are - ABB Ltd. (Switzerland), Emerson Electric Co. (US), Endress+Hauser AG (Switzerland), Vega Grieshaber Kg (Germany), Siemens AG (Germany), Ametek Inc. (US), Honeywell International Inc. (US), Texas Instruments Incorporated (US), TE Connectivity Ltd. (Switzerland), Ifm Electronic GmbH (Germany), Sick AG (Germany), Senix Corporation (US), Automation Products Group, Inc. (US), First Sensor AG (Germany), Fortive Corporation (Gems Sensors, Inc. (US)), Krohne Messtechnik GmbH (Germany), Pepperl+Fuchs GmbH (Germany), Nohken, Inc. (Japan), Binmaster (US), Gill Sensors & Controls (UK), Sensirion AG (Switzerland), Waterline Controls (US), Ssi Technologies, Inc. (US), Automated Sonix Corp. (US), Pic GmbH (Germany)

12 Company Profiles (Page No. - 137)
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
     12.1 Introduction
     12.2 ABB Ltd.
     12.3 Emerson Electric Co.
     12.4 Endress+Hauser AG
     12.5 Vega Grieshaber Kg
     12.6 Siemens AG
     12.7 Ametek, Inc.
     12.8 Honeywell International Inc.
     12.9 First Sensor AG
     12.10 Fortive Corporation
     12.11 Krohne Messtechnik GmbH
     12.12 Pepperl+Fuchs GmbH
     12.13 Nohken Inc.
     12.14 TE Connectivity Ltd.
     12.15 Texas Instruments Incorporated
     12.16 Key Innovators
             12.16.1 Bin Master
             12.16.2 Gill Sensors & Controls (UK)
             12.16.3 Sensirion Ag

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 182)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (76 Tables)

Table 1 Market, in Terms of Value and Volume, 2014–2023
Table 2 Different National Regulations on Environment Pollution
Table 3 Market, By Technology, 2014–2023 (USD Million)
Table 4 Market, By Technology, 2014–2023 (Million Units)
Table 5 Market, By Contact Type, 2014–2023 (USD Million)
Table 6 Market, By Contact Type, 2014–2023 (Million Units)
Table 7 Market for Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 8 Market for Contact Type, By Region, 2014–2023 (USD Million)
Table 9 Market for Magnetostrictive Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 10 Market for Magnetostrictive Contact Type, By Region, 2014–2023 (USD Million)
Table 11 Market for Vibratory Probe Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 12 Market for Vibratory Probe Contact Type, By Region, 2014–2023 (USD Million)
Table 13 Market for Hydrostatic Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 14 Market for Hydrostatic Contact Type, By Region, 2014–2023 (USD Million)
Table 15 Market for Magnetic and Mechanical Float Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 16 Market for Magnetic and Mechanical Float Contact Type, By Region, 2014–2023 (USD Million)
Table 17 Market for Pneumatic Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 18 Market for Pneumatic Contact Type, By Region, 2014–2023 (USD Million)
Table 19 Market for Guided Wave Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 20 Market for Guided Wave Contact Type, By Region, 2014–2023 (USD Million)
Table 21 Market for Other Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 22 Market for Other Contact Type, By Region, 2014–2023 (USD Million)
Table 23 Market, By Noncontact Type, 2014–2023 (USD Million)
Table 24 Market, By Noncontact Type, 2014–2023 (Thousand Units)
Table 25 Market for Noncontact Type, By End-Use Application, 2014–2023 (USD Million)
Table 26 Market for Noncontact Type, By Region, 2014–2023 (USD Million)
Table 27 Market for Ultrasonic Noncontact Type, By End-Use Application, 2014–2023 (USD Million)
Table 28 Market for Ultrasonic Noncontact Type, By Region, 2014–2023 (USD Million)
Table 29 Market for Microwave/Radar Noncontact Type, By End-Use Application, 2014–2023 (USD Million)
Table 30 Market for Microwave/Radar Noncontact Type, By Region, 2014–2023 (USD Million)
Table 31  Market for Optical Noncontact Type, By End-Use Application, 2014–2023 (USD Million)
Table 32 Market for Optical Noncontact Type, By Region, 2014–2023 (USD Million)
Table 33 Market for Laser Noncontact Type, By End-Use Application, 2014–2023 (USD Million)
Table 34 Market for Laser Noncontact Type, By Region, 2014–2023 (USD Million)
Table 35 Market for Other Noncontact Type, By End-Use Application, 2014–2023 (USD Million)
Table 36 Market for Other Noncontact Type, By Region, 2014–2023 (USD Million)
Table 37 Market, By Monitoring Type, 2014–2023 (USD Million)
Table 38 Market for Continuous Level Monitoring Type, By Region, 2014–2023 (USD Million)
Table 39 Market for Point Level Monitoring Type, By Region, 2014–2023 (USD Million)
Table 40 Market, By End-Use Application, 2014–2023 (USD Million)
Table 41 Market for Consumer Goods, By Contact Type, 2014–2023 (USD Million)
Table 42 Market for Consumer Goods, By Noncontact Type, 2014–2023 (USD Million)
Table 43 Market for Industrial Manufacturing, By Contact Type, 2014–2023 (USD Million)
Table 44 Market for Industrial Manufacturing, By Noncontact Type, 2014–2023 (USD Million)
Table 45 Market for Energy & Power, By Contact Type, 2014–2023 (USD Million)
Table 46 Market for Energy & Power, By Noncontact Type, 2014–2023 (USD Million)
Table 47 Market for Healthcare, By Contact Type, 2014–2023 (USD Million)
Table 48 Market for Healthcare, By Noncontact Type, 2014–2023 (USD Million)
Table 49 Market for Oil & Gas, By Contact Type, 2014–2023 (USD Million)
Table 50 Market for Oil & Gas, By Noncontact Type, 2014–2023 (USD Million)
Table 51 Market for Chemicals, By Contact Type, 2014–2023 (USD Million)
Table 52 Market for Chemicals, By Noncontact Type, 2014–2023 (USD Million)
Table 53 Market for Pharmaceuticals, By Contact Type, 2014–2023 (USD Million)
Table 54 Market for Pharmaceuticals, By Noncontact Type, 2014–2023 (USD Million)
Table 55 Market for Wastewater, By Contact Type, 2014–2023 (USD Million)
Table 56 Market for Wastewater, By Noncontact Type, 2014–2023 (USD Million)
Table 57 Market for Others, By Contact Type, 2014–2023 (USD Million)
Table 58 Market for Others, By Noncontact Type, 2014–2023 (USD Million)
Table 59 Market, By Region, 2014–2023 (USD Million)
Table 60 Market in North America, By Country, 2014–2023 (USD Million)
Table 61 Market in North America, By Contact Type, 2014–2023 (USD Million)
Table 62 Market in North America, By Noncontact Type, 2014–2023 (USD Million)
Table 63 Market in North America, By Monitoring Type, 2014–2023 (USD Million)
Table 64 Market in Europe, By Country, 2014–2023 (USD Million)
Table 65 Market in Europe, By Contact Type, 2014–2023 (USD Million)
Table 66 Market in Europe, By Noncontact Type, 2014–2023 (USD Million)
Table 67 Market in Europe, By Monitoring Type, 2014–2023 (USD Million)
Table 68 Market in APAC, By Country, 2014–2023 (USD Million)
Table 69 Market in APAC, By Contact Type, 2014–2023 (USD Million)
Table 70 Market in APAC, By Noncontact Type, 2014–2023 (USD Million)
Table 71 Market in APAC, By Monitoring Type, 2014–2023 (USD Million)
Table 72 Market in RoW, By Region, 2014–2023 (USD Million)
Table 73 Market in RoW, By Contact Type, 2014–2023 (USD Million)
Table 74 Market in RoW, By Noncontact Type, 2014–2023 (USD Million)
Table 75 Market in RoW, By Monitoring Type, 2014–2023 (USD Million)
Table 76 Market Ranking of Key Players in the Market, 2016


List of Figures (60 Figures)

Figure 1 Market Segmentation
Figure 2 Research Flow
Figure 3 Research Design: Level Sensor Market
Figure 4 Data Triangulation
Figure 5 Assumptions of the Research Study
Figure 6 Level Sensor Market (2014–2023)
Figure 7 Snapshot of Market, By Technology (2017–2023)
Figure 8 Continuous Level Monitoring Expected to Hold Major Share During Forecast Period
Figure 9 Industrial Manufacturing End-Use Application Likely to Surpass Oil & Gas in Overall Market Between 2017 and 2023
Figure 10 APAC Held Largest Share of Market in 2016
Figure 11 Market Expected to Grow at A Significant Rate Between 2017 and 2023 Owing to Supportive Government Regulations
Figure 12 Noncontact Level Sensor Expected to Hold Major Share of Market Between 2017 and 2023
Figure 13 Point Level Monitoring Type Expected to Grow at Highest CAGR in Market Between 2017 and 2023
Figure 14 Industrial Manufacturing End-Use Application Expected to Hold Major Share of Market During Forecast Period
Figure 15 APAC Held the Largest Share of the Market in 2016
Figure 16 US Expected to Hold Largest Share of the Market in 2016
Figure 17 Market Dynamics: Overview
Figure 18 Global Vehicle Production, 2013–2017 (Million Units)
Figure 19 Global Sales of Vehicles, 2010–2016 (Million Units)
Figure 20 Annual Average Crude Oil Price, 2008–2017 (USD Per Barrel)
Figure 21 Value Chain Analysis of the Market (2016)
Figure 22 Vertical Integration – the Leading Trend Among Key Market Players
Figure 23 Market, By Technology
Figure 24 Noncontact Level Sensor Expected to Grow at Highest CAGR During Forecast Period
Figure 25 APAC Expected to Hold the Largest Share of Market During the Forecast Period
Figure 26 Wastewater is Expected to Grow at Highest CAGR in Market for Hydrostatic Contact Type By 2023
Figure 27 Market for Pneumatic Contact Type, By Region, 2017 and 2023 (USD Million)
Figure 28 Consumer Goods is Expected to Grow at the Highest CAGR in Market for Other Contact Type During Forecast Period
Figure 29 Market, By Noncontact Type, 2017 and 2023 (USD Million)
Figure 30 APAC is Expected to Hold Major Share of Market for Ultrasonic Noncontact Type By 2023
Figure 31 Industrial Manufacturing Expected to Hold Major Share of Market for Microwave/Radar Noncontact Type During Forecast Period
Figure 32 APAC is Expected to Grow at Highest CAGR in Market for Laser Noncontact Type Between 2017 and 2023
Figure 33 Market, By Monitoring Type
Figure 34 Continuous Level Monitoring is Expected to Hold Major Share of Market During Forecast Period
Figure 35 Level Senor Market for Continuous Level Monitoring in APAC Expected to Grow at Highest CAGR Between 2017 and 2023
Figure 36 Market, By End-Use Application
Figure 37 Market for Industrial Manufacturing End-Use Application Expected to Grow at the Highest CAGR Between 2017 and 2023
Figure 38 Guided Wave Contact Level Sensor Expected to Hold Major Share of Market During Forecast Period
Figure 39 Microwave/Radar Level Sensor Expected to Grow at the Highest CAGR in Market for Industrial Manufacturing End-Use Application During Forecast Period
Figure 40 Ultrasonic Level Sensor Expected to Hold Major Share of Market for Oil & Gas End-Use Application During Forecast Period
Figure 41 Guided Wave Level Sensor Expected to Grow at Highest CAGR in Market for Chemicals End-Use Application Between 2017 and 2023
Figure 42 Ultrasonic Level Sensor Holds Major Share of Market for Wastewater End-Use Application During Forecast Period
Figure 43 Geographic Snapshot (2017): India Expected to Grow at the Highest CAGR Between 2017 and 2023
Figure 44 Snapshot of Market in North America
Figure 45 UK is Expected to Grow at the Highest CAGR in Market in Europe Between 2017 and 2023
Figure 46 Snapshot of Market in APAC
Figure 47 Middle East & Africa Expected to Hold Major Share of Market in RoW During Forecast Period
Figure 48 Key Growth Strategies Adopted By Top Companies in the Market (2014–2017)
Figure 49 Dive Chart
Figure 50 Geographic Revenue Mix of the Top 5 Market Players
Figure 51 ABB Ltd.: Company Snapshot
Figure 52 Emerson Electric Co.: Company Snapshot
Figure 53 Endress+Hauser AG: Company Snapshot
Figure 54 Siemens AG: Company Snapshot
Figure 55 Ametek, Inc.: Company Snapshot
Figure 56 Honeywell International Inc.: Company Snapshot
Figure 57 First Sensor AG: Company Snapshot
Figure 58 Fortive Corporation: Company Snapshot
Figure 59 TE Connectivity Ltd.: Company Snapshot
Figure 60 Texas Instruments Incorporated: Company Snapshot

The study involved 4 major activities in estimating the size of the level sensor market. Exhaustive secondary research has been done to collect information on the market, the peer market, and the parent market. To validate these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.

Secondary Research

The research methodology used to estimate and forecast the level sensor market begins with capturing data on revenues of key vendors in the market through secondary research. This study incorporates extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource) to identify and collect information useful for a technical, market-oriented, and commercial study of the market. Vendor offerings have also been taken into consideration to determine market segmentations. The entire research methodology includes studying annual reports, press releases, and investor presentations of companies; white papers; and certified publications and articles from recognized authors, directories, and databases.

Primary Research

The level sensor market comprises several stakeholders, such as suppliers of standard components and original equipment manufacturers (OEMs). The demand side of this market is characterized by the development of industrial manufacturing, consumer goods, oil & gas, chemicals, pharmaceuticals, energy & power, healthcare, wastewater, and other end-user verticals. The supply side is characterized by advancements in types of level sensor and diverse applications. Various primary sources from both the supply and demand sides of the market have been interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents.

Level Sensors Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the size of the level sensor market and its subsegments. The research methodology used to estimate the market size includes the following:

  • Key players in the level sensor market have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends in both the demand and supply sides of the level sensor market.

Research Objective

  • To describe and forecast the level sensor market, by technology, monitoring type and end use applications in terms of value and volume
  • To describe and forecast the market, by region—Asia Pacific (APAC), Europe, North America, and Rest of the World (RoW), along with their respective countries, in terms of value and volume
  • To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and challenges)
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
  • To study the complete value chain of the level sensor market
  • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the level sensor ecosystem
  • To strategically profile key players and comprehensively analyze their market positions in terms of ranking and core competencies, along with detailing competitive landscape for market leaders
  • To analyze strategic approaches such as product launches, acquisitions, contracts, agreements, and partnerships in the level sensor market

Scope of the Report:

Report Metric

Details

 

Market size available for years

 

2014–2025

Base year

2018

Forecast period

2019–2025

Forecast Unit

Value (USD Billion)

Segments covered

Technology, Monitoring type, End-use applications and Regions

Geographic regions covered

North America, APAC, Europe, and RoW

Companies covered

ABB Ltd. (Switzerland), Emerson Electric Co. (US), Endress+Hauser AG (Switzerland), Vega Grieshaber KG (Germany), Siemens AG (Germany), AMETEK Inc. (US), and Honeywell International Inc. (US)

This report categorizes the level sensor market based on type, contact type, output, application, end-user industry, and region.

By Technology

  • Contact Level sensor
  • Non-contact Level sensor

By Monitoring Type

  • Point Level Monitoring
  • Continuous Level Monitoring

By End-use Application:

  • Industrial Manufacturing
  • Consumer Goods
  • Oil & Gas
  • Energy & Power
  • Pharmaceuticals
  • Healthcare
  • Chemicals
  • Wastewater
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe (Russia, Netherlands, Denmark, Switzerland, Slovenia, Sweden, Finland, Norway, Romania, Bulgaria, Spain, and Poland)
  • Asia Pacific (APAC)
    • China
    • Japan
    • India
    • South Korea
    • Rest of APAC (Australia, Singapore, Malaysia, and Thailand)
  • Rest of the World (RoW)
    • Middle East & Africa
    • South America

Available Customizations

Along with the market data, MarketsandMarkets offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)

Critical Questions

  • What new application areas are level sensor providers exploring?
  • Who are the key market players, and how intense is the competition?
Report Code
SE 2499
Published ON
Jun, 2017
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