Level Sensor Market Size, Share and Global Trend By Type (Contact Level Sensors, Noncontact Level Sensors), By Technology (Ultrasonic, Magnetostrictive, Hydrostatic, Optical, Others), By Monitoring Type (Continuous Level Sensing, Point Level Sensing, Interface Level Sensing), By End Use (Chemical , Food and Beverage, Industrial Manufacturing, Oil and Gas) and Regional Forecast, 2024-2032

Level sensors are deployed for monitoring and controlling the level of liquids, fluidized assets involving slag, and powders that are present in the top layer of open surfaces. Level sensors vary according to industrial criteria. With the emergence of solid-state technology-based automatic level controllers, the power savings have increased along with resolving durability issues in earlier designs.

Even the extremely challenging fluids to detect are now proving possible and easier to detect with the emergence of a range of level sensing technologies. Such level sensors have various signal output versions, high resolution and measurement rate along with salient features encompassing integrated temperature compensation and pressure-resistance.

The role of level measurement technologies in the process control industry has been increasing over the past decade. Usage of numerous process materials and varying operating conditions in end-use applications requires precise level measurement. For this, an almost equal number of methods have been devised for measuring level. In order to ensure the health safety of workers, government associations are actively introducing regulatory measures for automated process monitoring, including level monitoring.

Understanding the rapidly changing sensing technologies and research potential, in 2015, the American Industrial Hygiene Association (AIHA), launched a new strategic research initiative called “Protecting Worker Health through Sensor Technologies”.

Key Players Covered

Among the companies playing a significant role in the global level sensor market are Emerson Electric company, ABB Ltd., SICK AG, Texas Instruments Incorporated, ABB Ltd., Siemens AG, TE Connectivity Ltd, Pepperl+Fuchs GmbH, Endress+Hauser AG, First Sensor AG, FortiveCorporation, Nohken Inc., AMETEK Inc., KrohneMesstechnik GmbH. Existence of a large number of players is responsible for a high level of competitiveness in the level sensor market. Market leaders are focussing on implementing innovative techniques for the nano-based level sensor to offer predictive decisions capable of monitoring the health of the patients for their medical treatments.

SEGMENTATION

Regional Analysis

The global level sensor market is projected to be dominated by the Asia Pacific, primarily owing to rising demand from end-use applications such as process industries, automotive, healthcare, and petrochemicals. Developing economies particularly, India and China, display enormous growth potential in the level sensor market as a result of various governments initiatives to improve the wastewater treatment facility by implementing strict environmental regulations. This, in turn, supports the demand for products such as level sensors and detectors required in water and wastewater treatment units. In developed regions, North America and Europe, factors such as integration of advanced sensors in automobiles and automation technology along with development in thin-film technology are likely to contribute to the growth during the forecast period.

Key Industry Developments

• June 2019: ABB Ltd. launched the LWT300 series, featuring LevelExpert algorithm, with an aim to transform level measurement into safer and easier process even in challenging conditions.
• January 2017 – Emerson launched the Rosemount 2140, a level detector having remote proof-testing capability and advanced diagnostics to increase process availability and help improve safety.