San Francisco, 01 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.
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Research Report On Level Sensor Market Analysis:
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
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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.
For more
information: www.grandviewresearch.com/
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