|By Business Wire||
|August 8, 2014 07:03 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/7n4gfn/level_sensors) has announced the addition of the "Level Sensors Market Focus on Technologies, Applications and Geography - Global Trends & Forecast to 2013 - 2020" report to their offering.
Global level sensor market is expected to reach $4,775.89 million by 2020, at an estimated CAGR of 8.01% from 2014 to 2020.
The market has entered into a transition from contact type of measurement to non-contact type of level measurement. Though the current market is dominated by contact level sensors, there is strong growth in non-contact level sensing segment. From a geographic market perspective, the APAC region is expected to exhibit strongest growth in level sensor market followed by North America and Europe.
Due to advancement in level sensing technologies and high requirements in various applications fields such as consumer, automotive, petrochemicals, water & wastewater management, chemicals, transportation, industrial, power and manufacturing sector, and so on, the market is expected to grow in the forecasted period.
The market has been witnessing a massive transformation since past couple of years. The market has entered into a shift from contact type of measurement to non-contact type of level measurement. Though the current market is dominated by contact level sensors, there is strong growth in non-contact level sensing segment.
- Vibratory probe
- Magnetic float
Non Contact Type
- ABB Ltd.
- Endress+Hauser AG
- Emerson Electric Co.
- GEMS Sensors and Controls Co.
- Honeywell International Inc
- Krohne Messtechnik GMBH
- Magnetrol International Inc.
- Pepperl+Fuchs GMBH
- Siemens AG
- Vega Greshaber Kg
For more information visit http://www.researchandmarkets.com/research/7n4gfn/level_sensors
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