San Francisco, 18 April , Level Sensor Market Analysis By Technology
(Contact Type/Point Level, Non-Contact Type/Continuous Level), By Application
(Automotive, Consumer Electronics, Healthcare, Dry Bulk, Oil & Gas), And
Segment Forecasts, 2018 - 2025
The global level sensor market is anticipated to reach
USD 5.48 billion by 2025, according to a new report by Grand View Research,
Inc. The food industry has traditionally lagged behind other industries in
adopting new technologies. However, growing advancements in computer
technology, coupled with stringent regulations for improved food quality and
safety, have resulted in the rising need to automate manufacturing processes,
thereby leading to an increased demand for level sensors in the food processing
industry.
The production and processing
of food and beverages are governed by networks of law codes, practices,
regulations, and guidance to reduce the risk of delivering potentially harmful
products to consumers. In food processing industries, the pressure and level
measurement are required in the filter, tanks, and piping. Pressure instruments
include numerous applications, such as maintaining the balance of silos,
storage tanks, flavor systems, filling machines, mixing processes, and
pasteurization, among others.
Micro-Electro-Mechanical
Systems (MEMS), a part of non-contact type sensors, is expected to witness
considerable growth over the projected period. MEMS sensors are expected to
play a key role in the automotive safety and infotainment applications. The need
for higher accuracy, rapid data transmission, and self-test capabilities are
the key factors driving the demand for MEMS in automotive applications.
Nanotechnology-enabled sensors
are offering physical, chemical, and biological sensing features that enable an
increased level of detection specificity, portability, and sensitivity for a
wide range of safety and environmental measurements. The U.S. National
Nanotechnology Initiative (NNI) recognizes the considerable potential for
nanotechnology, which has triggered the development of portable devices that
can rapidly detect, quantify, and identify chemical and biological substances.
NNI has launched Nanotechnology
Signature Initiatives (NSI) that is integrated with NNI to explore the use of
nanotechnology for the following:
·
To overcome technical barriers
associated with conventional sensors, nanotechnology and nanoscale materials
are used to build more accurate, sensitive, and adaptable sensors.
·
New sensors are being developed
to detect engineered nanomaterials across their lifecycles to assess their
potential impact on health, environment, and safety.
Compliance with regulations and
standards in the food & beverage industry is the most demanding challenge
for measuring instruments and sensors. Product design must comply with industry
guidelines issued by the Food and Drug Administration (FDA). Programmable
measuring instruments and specialized accessories are likely to drive the
market demand over the forecast period.
Access Full Research
Report On Level Sensor Market Analysis:
http://www.grandviewresearch.com/industry-analysis/level-sensors-market
http://www.grandviewresearch.com/industry-analysis/level-sensors-market
Further key findings from the report suggest:
·
The growing development of
nanotechnology sensors is likely to influence the market growth over the
forecast period.
·
The non-contact type technology
is anticipated to witness significant growth with a CAGR of over 7.1% over the
projected period.
·
Dry bulk level sensors are used
as a full indicator in silos for the storage of grain, as a jam detector in the
discharge hopper of a spiral conveyor for grain, and as level controller in the
flour silos of large bakeries.
·
The North American market is
anticipated to dominate the level sensor in terms of revenue in 2016
·
The prevailing large existing
consumer base and government initiatives to control carbon emissions are the
key factors driving the North American regional growth.
·
Asia Pacific is expected to
portray the highest growth over the forecast period as it is the major hub for
refineries and chemical and petrochemical processing units.
·
The key players in the market
include Gems Sensors & Control, Inc. (U.S.), BinMaster, Inc. (U.S.),
Bindiacator (U.S.) Honeywell International, Inc (U.S.).
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/sensors-and-controls
Grand View Research has segmented the level
sensor market on the basis of technology, application, and region:
Level Sensor Technology Outlook
(Revenue, USD Million; 2014 - 2025)
·
Contact type/point level
·
Non-contact type/continuous
level
Level Sensor Application
Outlook (Revenue, USD Million; 2014 - 2025)
·
Automotive
·
Consumer electronics
·
Healthcare
·
Industrial process
·
Oil & gas
·
Dry bulk
·
Others
Level Sensor Regional Outlook
(Revenue, USD Million; 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
China
o
Japan
o
India
·
Latin America
o
Mexico
o Brazil
·
MEA
Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-level-sensors-market
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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