Global Level Sensing Technologies Market Reviewed & Forecast by M&M in Topical Study Published at MarketPublishers.com27 Nov 2013 • by Natalie Aster
LONDON – The level sensors market is likely to exhibit healthy growth globally during the next five years. To date, contact level sensing technologies (e.g. magnetic vibratory probe level sensors and float sensors) lead the market; however, in the upcoming years, non contact level sensors (e.g. radars and ultrasonic level sensors) are poised to grab a considerable market share. Industrial applications keep on dominating the global market share, with military & defense and automotive segments coming after.
Worldwide, the level sensor market is forecast to be worth nearly USD 4,100 million by end-2018, expanding at about 8% CAGR during 2013-2018. In volume terms, level sensor shipments totaled 117.41 million units in 2012, and the number is expected to reach 248.46 million units by 2018-end, at a CAGR of just under 13% through 2018. Geography-wise, North America, led by the USA, is an unrivalled market leader, with Europe, Asia-Pacific and RoW coming after.
Topical market research study “Level Sensors Market: Global Forecast & Analysis - Focus on Technologies [Contact Type (Magnetostrictive, Vibratory probe, Hydrostatic, Magnetic float) and Non Contact Type (Ultrasonic, Radar, Optical, Laser)], Applications and Geography (2013-2018)” prepared by MarketsandMarkets (M&M) offers a comprehensive guide to the global level sensors market.
The report contains an all-encompassing market assessment based on technology (contact and non contact based level sensors), applications, and geography (major regions and countries). The study features the sector’s historical development pattern, describes its current status, as well as offers an exhaustive revenue analysis and forecast during 2012-2018 for the market as a whole and also for each of its diverse segments individually. The research report contains granular Porter’s five forces analysis, reviews market performance stumbling blocks and key growth drivers, winning imperatives and opportunities with respect to the total market. The competitive scenario overview along with extensive profiles of the top 18 industry participants can also be found in the study.
Level Sensors Market: Global Forecast & Analysis - Focus on Technologies [Contact Type (Magnetostrictive, Vibratory probe, Hydrostatic, Magnetic float) and Non Contact Type (Ultrasonic, Radar, Optical, Laser)], Applications and Geography (2013-2018)
Published: January, 2013
Price: US$ 4,650.00
More topical market research studies by the publisher can be found at M&M page.