Level Sensors Market

Level Sensor Companies - ABB (Switzerland) and Emerson (US) are the Key Players

The level sensors market is projected to reach USD 6.1 billion by 2025 from USD 4.3 billion in 2020. It is expected to grow at a CAGR of 7.5% from 2020 to 2025.

Level Sensor companies include: 

  • ABB (Switzerland),
  • Emerson (US),
  • Endress+Hauser (Switzerland),
  • Vega Grieshaber KG (Germany),
  • Siemens (Germany),
  • Honeywell (US),
  • AMETEK (US),
  • Schneider Electric (France),
  • TE Connectivity (Switzerland),
  • Gems Sensors (US).

These players have adopted various growth strategies such as product launches, acquisitions, expansions, collaborations, and partnerships to expand their presence in the market. The strategy of product launches was the major strategy adopted by these key players from 2018 to 2020 to strengthen their product portfolios and broaden their customer bases.

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ABB was ranked first in the level sensors market in 2019. ABB is a manufacturer, designer, and developer of power and automation technologies. ABB offers products & services through five business divisions: Electrification, Industrial Automation, Motion, Robotics & Discrete Automation, Corporate and Other. ABB has a strong geographic presence in more than 100 countries in Asia, the Middle East, and Africa; the Americas; and Europe. Level sensors are offered under the companys Industrial Automation division. Through the Industrial Automation division, ABB develops and sells integrated automation and electrification systems and solutions, such as process and discrete control solutions, advanced process control software and manufacturing execution systems, sensing, measurement and analytical instrumentation and solutions, electric ship propulsion systems, and large turbochargers.

Emerson was ranked second in the level sensors market in 2019. Emerson primarily manufactures and develops process control systems, valves, and analytical instruments. It delivers its products & services to industrial, commercial, and consumer markets. It operates through two segments: Automation Solutions and Commercial & Residential Solutions. Level sensors are provided under the companys Automation Solutions business. The Automation Solutions segment offers a broad array of products, integrated solutions, and software & services that enable process, hybrid, and discrete manufacturers to maximize production, protect personnel and the environment, reduce project costs, and optimize their energy efficiency and operating costs. The markets served through this segment include oil & gas, refining, chemicals, power generation, pharmaceuticals, food & beverage, automotive, pulp & paper, metals & mining, and municipal water supplies.

Related Reports:

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Mr. Aashish Mehra
MarketsandMarkets™ INC.
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Level Sensors Market Size,  Share & Growth Report
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SE 2499
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