San Francisco 16 April 2019 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 Research Report of Level Sensor 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
·
Europe
·
Asia
Pacific
·
Latin
America
·
MEA
Access Press Release of
Level
Sensor Market@ 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.
