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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Float Level Switch market for 2018-2023.
Float level switch is a device which can detect liquid levels or interface between liquids such as oil and water, or liquid and solid interface. Float level switches are used in a number of liquid container monitoring applications including flow line monitoring, heaters and furnaces.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
In the last few years, the total number of new type of Float Level Switch developed by domestic manufacturers is limited. This shows that the efforts to develop new product in China is not enough, but also shows that the allocation space of domestic Float Level Switch still need to expand. There is still a big gap compared with the imported Float Level Switch.
As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. Currently, the Chinese Float Level Switch industry needs to transit to high-end products, this industry still has considerable development prospects in China.
Over the next five years, LPI(LP Information) projects that Float Level Switch will register a 3.8% CAGR in terms of revenue, reach US$ 650 million by 2023, from US$ 540 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Float Level Switch market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
- Top-mounted Type
- Side-Mounted Type
Segmentation by application:
- Oil & Gas Industry
- Chemical Industry
- Water/Wastewater Processing
- Food & Beverage
- Boiler Control and etc.
This report also splits the market by region:
- - United States
- - Canada
- - Mexico
- - Brazil
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- - Germany
- - France
- - UK
- - Italy
- - Russia
- - Spain
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- WIKA Group
- Zhejiang Huanli
- RIKO Float
- Fine Tek
- Towa Seiden
- SMD Fluid Controls
- Hy Control
- Emco Control
- Zhejiang KRIPAL
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Float Level Switch consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Float Level Switch market by identifying its various subsegments.
- Focuses on the key global Float Level Switch manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Float Level Switch with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Float Level Switch submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.