Level Sensor Market by Technology (Contact ( Magnetostrictive, Vibratory Probe), and Noncontact (Ultrasonic, Optical)), Monitoring Type (Continuous Level Monitoring, and Point Level Monitoring), End-Use Application, and Geography - Global Forecast to 2023

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Date: 21-Jun-2017
No. of pages: 191
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“The level sensor market estimated to grow at a CAGR of 5.66% between 2017 and 2023”

The level sensor market is expected to reach 5.32 billion by 2023, growing at a CAGR of 5.66% between 2017 and 2023. The key factors contributing to the growth of the level sensor market include the supportive government regulations, rise in vehicle production, and increasing advancement of the Industrial Internet of Things (IIoT). Moreover, the market is further driven by the development of smaller, smarter, and cheaper sensors, and the growing adoption of level sensors in the healthcare end-use application.

“The level sensor market for point level monitoring is expected to grow at the highest CAGR during the forecast period”

The level sensor market for point level monitoring is expected to witness the highest CAGR between 2017 and 2023.Level sensors with point level monitoring are economically priced and easy to install and setup. These sensors typically find their applications in overfill protection, high and low-level alarms, pump control, dry-run protection for pumps, and leakage detection in double containment piping systems or double-wall tanks. Moreover, level sensors with point level monitoring are widely used in the industrial manufacturing end-use application.

“The market for contact level sensors is expected to hold the largest share during the forecast period”

The market for contact level sensors is expected to hold the largest share during the forecast period. Contact level sensors operate well with a wide variety of media or liquid, including corrosives. Contact level sensors are popular because of their simplicity, dependability, and low cost. The higher market size of contact level sensors is attributed to the use of a large number of these sensors in the industrial manufacturing end-use application.

“Level sensor market in APAC is expected to grow at the highest rate between 2017 and 2023”

This report covers the studies market in regions including North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). APAC is a major market for various end-use applications such as automotive, process industries, healthcare, petrochemicals and related process, chemicals, power generation, and consumer goods. India and China are considered a huge market for level sensors owing to their growing economy. As the demand for these sensors are increasing in the healthcare end-use application, major issues in APAC, such as aging population and increase in the number of lifestyle-related diseases, act as a driver for the growth of the studies market.

Breakdown of profile of primary participants:


  • By Company Type: Tier 1 –37%, Tier 2 –20%, and Tier 3 –43%

  • By Designation: C-Level Executives – 34%, Directors – 24%, and Others – 42%

  • By Region: APAC –41%, North America –27%,Europe –17%, and RoW –15%


The level sensor market comprises players such as ABB Ltd. (Switzerland), Emerson Electric Co. (US), Endress+Hauser AG (Switzerland), Vega Grieshaber KG (Germany), Siemens AG (Germany), AMETEK, Inc. (US), Honeywell International Inc. (US), First Sensor AG (Germany), Fortive Corporation (US), KROHNE Messtechnik GmbH (Germany), Pepperl+Fuchs GmbH (Germany), Nohken, Inc. (Japan), Texas Instruments Incorporated (US), and TE Connectivity Ltd. (Switzerland).

Research Coverage:


  • In terms of market by technology, contact and noncontact level sensors are covered.

  • In terms of market by monitoring type, continuous level monitoring and point level monitoring are covered.

  • In terms of market by end-use application, industrial manufacturing, oil and gas, chemicals, wastewater, energy and power, pharmaceuticals, consumer goods, healthcare, and others are covered.

  • The geographic analysis is done with regard to major four regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). RoW comprises South America and the Middle East and Africa.


Reasons to Buy the Report:

From an insight perspective, this research report has focused on various levels of analysis such as industry analysis (industry trends), market ranking analysis of top players, and value chain analysis.This report also provides the company profiles, which discuss the basic views on the competitive landscape, emerging and high-growth segments of the studied market, high-growth regions, and market dynamics such as drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:


  • Market penetration: Comprehensive information on various types of level sensor products offered by the top players in the overall level sensor market.

  • Product development/innovation: Detailed insights regarding research and development (R&D) activities, emerging technologies, and product launches in the level sensor market.

  • Market development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for level sensors across regions.

  • Market diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the overall level sensor market.

  • Competitive assessment: In-depth assessment of market ranking analysis, strategies, products, and manufacturing capabilities of the leading players in the level sensor market.

Level Sensor Market by Technology (Contact ( Magnetostrictive, Vibratory Probe), and Noncontact (Ultrasonic, Optical)), Monitoring Type (Continuous Level Monitoring, and Point Level Monitoring), End-Use Application, and Geography - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Revenue of Companies in the Level Sensor Market
2.2.1.2 Analysis of Asps for Level Sensors
2.2.1.3 Shipment Analysis for Level Sensors
2.2.2 Top-Down Approach
2.2.2.1 Estimating Value and Volume From Secondary Sources
2.2.2.2 Validating Derived Results With Companies’ Revenue and Primaries
2.2.2.3 Mapping Segment-I With the Remaining Segments Individually Through the “Water-Fall Model”
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Level Sensor Market
4.2 Level Sensor Market, By Technology (2017–2023)
4.3 Market, By Monitoring Type (2017–2023)
4.4 Level Sensor Market, By End-Use Application (2017–2023)
4.5 Market, By Region and End-Use Application
4.6 Level Sensor Market, By Geography (2017–2023)

5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Rise in the Production of Vehicles
5.1.1.2 Development of Smaller, Smarter, and Cheaper Sensors
5.1.1.3 Supportive Government Regulations
5.1.1.4 Growing Adoption of Level Sensors in the Healthcare End-Use Application
5.1.1.5 Increasing Advancement of the Industrial Internet of Things (IIoT) and Industry 4.0
5.1.2 Restraints
5.1.2.1 High Integration Cost of Thin-Film Technology
5.1.2.2 Increasing Competition From Tier 1 Players
5.1.2.3 Fluctuating Market Trend Observed in Mature End-Use Applications Likely to Hamper the Demand for Level Sensors
5.1.3 Opportunities
5.1.3.1 Growth of Smart Application and Advancement in Ict-Enabled Technologies
5.1.3.2 Increasing Development of Nanotechnology Applications
5.1.4 Challenge
5.1.4.1 Technical Issue Related to Accuracy

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Core Industry Segments
6.2.1.1 Research and Development Institutions
6.2.1.2 Manufacturing and Assembly
6.2.1.3 Distribution and Marketing and Sales
6.2.1.4 End Users
6.3 Key Industry Trends in the Level Sensor Market
6.4 Regulations Related to Level Sensors
6.4.1 Regulations and Standards Related to Level Sensors

7 Level Sensor Market, By Technology
7.1 Introduction
7.2 Contact Level Sensor
7.2.1 Magnetostrictive
7.2.2 Vibratory Probe
7.2.3 Hydrostatic
7.2.4 Magnetic & Mechanical Float
7.2.5 Pneumatic
7.2.6 Guided Wave
7.2.7 Other Contact Type Technology
7.2.7.1 Rotating Paddle
7.2.7.2 Resistive Chain
7.2.7.3 Weight and Cable
7.3 Noncontact Level Sensor
7.3.1 Ultrasonic
7.3.2 Microwave/Radar
7.3.3 Optical
7.3.4 Laser
7.3.5 Other Noncontact Type Technology
7.3.5.1 Capacitance
7.3.5.2 Conductive
7.3.5.3 Nuclear
7.3.5.4 Air Bubbler
7.3.5.5 Load Cell

8 Level Sensor Market, By Monitoring Type
8.1 Introduction
8.2 Continuous Level Monitoring
8.2.1 Magnetostrictive
8.2.2 Resistive Chain Level
8.2.3 Magnetoresistive
8.2.4 Hydrostatic Pressure Level
8.2.5 Air Bubbler
8.2.6 Gamma Ray
8.3 Point Level Monitoring
8.3.1 Vibratory Probe
8.3.2 Rotating Paddle
8.3.3 Admittance
8.3.4 Magnetic & Mechanical Float
8.3.5 Pneumatic
8.3.6 Conductive

9 Level Sensor Market, By End-Use Application
9.1 Introduction
9.2 Consumer Goods
9.3 Industrial Manufacturing
9.4 Energy & Power
9.5 Healthcare
9.6 Oil & Gas
9.7 Chemicals
9.8 Pharmaceuticals
9.9 Wastewater
9.10 Others
9.10.1 Agricultural
9.10.2 Paper & Pulp
9.10.3 Construction

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Rest of APAC
10.5 Rest of the World
10.5.1 South America
10.5.2 Middle East & Africa

11 Competitive Landscape
11.1 Overview
11.2 Key Players in the Level Sensor Market
11.3 Vendor Dive Overview
11.3.1 Vanguards
11.3.2 Innovator
11.3.3 Dynamic
11.3.4 Emerging
11.4 Competitive Benchmarking
11.4.1 Analysis of Product Portfolio of Major Players in the Level Sensor Market (25 Players)
11.4.2 Business Strategies Adopted By Major Players in the Level Sensor Market (25 Players)

Top 25 Companies Analyzed for This Study are - ABB Ltd. (Switzerland), Emerson Electric Co. (US), Endress+Hauser AG (Switzerland), Vega Grieshaber Kg (Germany), Siemens AG (Germany), Ametek Inc. (US), Honeywell International Inc. (US), Texas Instruments Incorporated (US), TE Connectivity Ltd. (Switzerland), Ifm Electronic GmbH (Germany), Sick AG (Germany), Senix Corporation (US), Automation Products Group, Inc. (US), First Sensor AG (Germany), Fortive Corporation (Gems Sensors, Inc. (US)), Krohne Messtechnik GmbH (Germany), Pepperl+Fuchs GmbH (Germany), Nohken, Inc. (Japan), Binmaster (US), Gill Sensors & Controls (UK), Sensirion AG (Switzerland), Waterline Controls (US), Ssi Technologies, Inc. (US), Automated Sonix Corp. (US), Pic GmbH (Germany)

12 Company Profiles
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
12.1 Introduction
12.2 ABB Ltd.
12.3 Emerson Electric Co.
12.4 Endress+Hauser AG
12.5 Vega Grieshaber Kg
12.6 Siemens AG
12.7 Ametek, Inc.
12.8 Honeywell International Inc.
12.9 First Sensor AG
12.10 Fortive Corporation
12.11 Krohne Messtechnik GmbH
12.12 Pepperl+Fuchs GmbH
12.13 Nohken Inc.
12.14 TE Connectivity Ltd.
12.15 Texas Instruments Incorporated
12.16 Key Innovators
12.16.1 Bin Master
12.16.2 Gill Sensors & Controls (UK)
12.16.3 Sensirion Ag

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables

Table 1 Level Sensor Market, in Terms of Value and Volume, 2014–2023
Table 2 Different National Regulations on Environment Pollution
Table 3 Market, By Technology, 2014–2023 (USD Million)
Table 4 Market, By Technology, 2014–2023 (Million Units)
Table 5 Market, By Contact Type, 2014–2023 (USD Million)
Table 6 Market, By Contact Type, 2014–2023 (Million Units)
Table 7 Market for Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 8 Market for Contact Type, By Region, 2014–2023 (USD Million)
Table 9 Market for Magnetostrictive Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 10 Market for Magnetostrictive Contact Type, By Region, 2014–2023 (USD Million)
Table 11 Market for Vibratory Probe Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 12 Market for Vibratory Probe Contact Type, By Region, 2014–2023 (USD Million)
Table 13 Market for Hydrostatic Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 14 Market for Hydrostatic Contact Type, By Region, 2014–2023 (USD Million)
Table 15 Market for Magnetic and Mechanical Float Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 16 Level Sensor Market for Magnetic and Mechanical Float Contact Type, By Region, 2014–2023 (USD Million)
Table 17 Market for Pneumatic Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 18 Market for Pneumatic Contact Type, By Region, 2014–2023 (USD Million)
Table 19 Market for Guided Wave Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 20 Market for Guided Wave Contact Type, By Region, 2014–2023 (USD Million)
Table 21 Market for Other Contact Type, By End-Use Application, 2014–2023 (USD Million)
Table 22 Market for Other Contact Type, By Region, 2014–2023 (USD Million)
Table 23 Level Sensor Market, By Noncontact Type, 2014–2023 (USD Million)
Table 24 Market, By Noncontact Type, 2014–2023 (Thousand Units)
Table 25 Market for Noncontact Type, By End-Use Application, 2014–2023 (USD Million)
Table 26 Market for Noncontact Type, By Region, 2014–2023 (USD Million)
Table 27 Level Sensor Market for Ultrasonic Noncontact Type, By End-Use Application, 2014–2023 (USD Million)
Table 28 Market for Ultrasonic Noncontact Type, By Region, 2014–2023 (USD Million)
Table 29 Market for Microwave/Radar Noncontact Type, By End-Use Application, 2014–2023 (USD Million)
Table 30 Market for Microwave/Radar Noncontact Type, By Region, 2014–2023 (USD Million)
Table 31  Market for Optical Noncontact Type, By End-Use Application, 2014–2023 (USD Million)
Table 32 Market for Optical Noncontact Type, By Region, 2014–2023 (USD Million)
Table 33 Market for Laser Noncontact Type, By End-Use Application, 2014–2023 (USD Million)
Table 34 Market for Laser Noncontact Type, By Region, 2014–2023 (USD Million)
Table 35 Market for Other Noncontact Type, By End-Use Application, 2014–2023 (USD Million)
Table 36 Market for Other Noncontact Type, By Region, 2014–2023 (USD Million)
Table 37 Market, By Monitoring Type, 2014–2023 (USD Million)
Table 38 Market for Continuous Level Monitoring Type, By Region, 2014–2023 (USD Million)
Table 39 Market for Point Level Monitoring Type, By Region, 2014–2023 (USD Million)
Table 40 Market, By End-Use Application, 2014–2023 (USD Million)
Table 41 Market for Consumer Goods, By Contact Type, 2014–2023 (USD Million)
Table 42 Market for Consumer Goods, By Noncontact Type, 2014–2023 (USD Million)
Table 43 Market for Industrial Manufacturing, By Contact Type, 2014–2023 (USD Million)
Table 44 Market for Industrial Manufacturing, By Noncontact Type, 2014–2023 (USD Million)
Table 45 Market for Energy & Power, By Contact Type, 2014–2023 (USD Million)
Table 46 Market for Energy & Power, By Noncontact Type, 2014–2023 (USD Million)
Table 47 Level Sensor Market for Healthcare, By Contact Type, 2014–2023 (USD Million)
Table 48 Market for Healthcare, By Noncontact Type, 2014–2023 (USD Million)
Table 49 Market for Oil & Gas, By Contact Type, 2014–2023 (USD Million)
Table 50 Market for Oil & Gas, By Noncontact Type, 2014–2023 (USD Million)
Table 51 Market for Chemicals, By Contact Type, 2014–2023 (USD Million)
Table 52 Market for Chemicals, By Noncontact Type, 2014–2023 (USD Million)
Table 53 Market for Pharmaceuticals, By Contact Type, 2014–2023 (USD Million)
Table 54 Market for Pharmaceuticals, By Noncontact Type, 2014–2023 (USD Million)
Table 55 Market for Wastewater, By Contact Type, 2014–2023 (USD Million)
Table 56 Market for Wastewater, By Noncontact Type, 2014–2023 (USD Million)
Table 57 Market for Others, By Contact Type, 2014–2023 (USD Million)
Table 58 Market for Others, By Noncontact Type, 2014–2023 (USD Million)
Table 59 Market, By Region, 2014–2023 (USD Million)
Table 60 Market in North America, By Country, 2014–2023 (USD Million)
Table 61 Market in North America, By Contact Type, 2014–2023 (USD Million)
Table 62 Market in North America, By Noncontact Type, 2014–2023 (USD Million)
Table 63 Market in North America, By Monitoring Type, 2014–2023 (USD Million)
Table 64 Market in Europe, By Country, 2014–2023 (USD Million)
Table 65 Market in Europe, By Contact Type, 2014–2023 (USD Million)
Table 66 Market in Europe, By Noncontact Type, 2014–2023 (USD Million)
Table 67 Market in Europe, By Monitoring Type, 2014–2023 (USD Million)
Table 68 Market in APAC, By Country, 2014–2023 (USD Million)
Table 69 Market in APAC, By Contact Type, 2014–2023 (USD Million)
Table 70 Market in APAC, By Noncontact Type, 2014–2023 (USD Million)
Table 71 Level Sensor Market in APAC, By Monitoring Type, 2014–2023 (USD Million)
Table 72 Market in RoW, By Region, 2014–2023 (USD Million)
Table 73 Market in RoW, By Contact Type, 2014–2023 (USD Million)
Table 74 Market in RoW, By Noncontact Type, 2014–2023 (USD Million)
Table 75 Market in RoW, By Monitoring Type, 2014–2023 (USD Million)
Table 76 Market Ranking of Key Players in the Market, 2016

List of Figures

Figure 1 Market Segmentation
Figure 2 Research Flow
Figure 3 Research Design: Level Sensor Market
Figure 4 Data Triangulation
Figure 5 Assumptions of the Research Study
Figure 6 Level Sensor Market (2014–2023)
Figure 7 Snapshot of Market, By Technology (2017–2023)
Figure 8 Continuous Level Monitoring Expected to Hold Major Share During Forecast Period
Figure 9 Industrial Manufacturing End-Use Application Likely to Surpass Oil & Gas in Overall Level Sensor Market Between 2017 and 2023
Figure 10 APAC Held Largest Share of Level Sensor Market in 2016
Figure 11 Market Expected to Grow at A Significant Rate Between 2017 and 2023 Owing to Supportive Government Regulations
Figure 12 Noncontact Level Sensors Expected to Hold Major Share of Level Sensor Market Between 2017 and 2023
Figure 13 Point Level Monitoring Type Expected to Grow at Highest CAGR in Market Between 2017 and 2023
Figure 14 Industrial Manufacturing End-Use Application Expected to Hold Major Share of Level Sensor Market During Forecast Period
Figure 15 APAC Held the Largest Share of the Level Sensors Market in 2016
Figure 16 US Expected to Hold Largest Share of the Level Sensor Market in 2016
Figure 17 Market Dynamics: Overview
Figure 18 Global Vehicle Production, 2013–2017 (Million Units)
Figure 19 Global Sales of Vehicles, 2010–2016 (Million Units)
Figure 20 Annual Average Crude Oil Price, 2008–2017 (USD Per Barrel)
Figure 21 Value Chain Analysis of the Market (2016)
Figure 22 Vertical Integration – the Leading Trend Among Key Market Players
Figure 23 Level Sensor Market, By Technology
Figure 24 Noncontact Level Sensor Expected to Grow at Highest CAGR During Forecast Period
Figure 25 APAC Expected to Hold the Largest Share of Market During the Forecast Period
Figure 26 Wastewater is Expected to Grow at Highest CAGR in Market for Hydrostatic Contact Type By 2023
Figure 27 Market for Pneumatic Contact Type, By Region, 2017 and 2023 (USD Million)
Figure 28 Consumer Goods is Expected to Grow at the Highest CAGR in Market for Other Contact Type During Forecast Period
Figure 29 Level Sensor Market, By Noncontact Type, 2017 and 2023 (USD Million)
Figure 30 APAC is Expected to Hold Major Share of Market for Ultrasonic Noncontact Type By 2023
Figure 31 Industrial Manufacturing Expected to Hold Major Share of Market for Microwave/Radar Noncontact Type During Forecast Period
Figure 32 APAC is Expected to Grow at Highest CAGR in Market for Laser Noncontact Type Between 2017 and 2023
Figure 33 Level Sensor Market, By Monitoring Type
Figure 34 Continuous Level Monitoring is Expected to Hold Major Share of Level Sensor Market During Forecast Period
Figure 35 Level Senor Market for Continuous Level Monitoring in APAC Expected to Grow at Highest CAGR Between 2017 and 2023
Figure 36 Level Sensor Market, By End-Use Application
Figure 37 Market for Industrial Manufacturing End-Use Application Expected to Grow at the Highest CAGR Between 2017 and 2023
Figure 38 Guided Wave Contact Level Sensor Expected to Hold Major Share of Market During Forecast Period
Figure 39 Microwave/Radar Level Sensors Expected to Grow at the Highest CAGR in Market for Industrial Manufacturing End-Use Application During Forecast Period
Figure 40 Ultrasonic Level Sensor Expected to Hold Major Share of Market for Oil & Gas End-Use Application During Forecast Period
Figure 41 Guided Wave Level Sensor Expected to Grow at Highest CAGR in Level Sensor Market for Chemicals End-Use Application Between 2017 and 2023
Figure 42 Ultrasonic Level Sensor Holds Major Share of Market for Wastewater End-Use Application During Forecast Period
Figure 43 Geographic Snapshot (2017): India Expected to Grow at the Highest CAGR Between 2017 and 2023
Figure 44 Snapshot of Market in North America
Figure 45 UK is Expected to Grow at the Highest CAGR in Market in Europe Between 2017 and 2023
Figure 46 Snapshot of Market in APAC
Figure 47 Middle East & Africa Expected to Hold Major Share of Market in RoW During Forecast Period
Figure 48 Key Growth Strategies Adopted By Top Companies in the Market (2014–2017)
Figure 49 Dive Chart
Figure 50 Geographic Revenue Mix of the Top 5 Market Players
Figure 51 ABB Ltd.: Company Snapshot
Figure 52 Emerson Electric Co.: Company Snapshot
Figure 53 Endress+Hauser AG: Company Snapshot
Figure 54 Siemens AG: Company Snapshot
Figure 55 Ametek, Inc.: Company Snapshot
Figure 56 Honeywell International Inc.: Company Snapshot
Figure 57 First Sensor AG: Company Snapshot
Figure 58 Fortive Corporation: Company Snapshot
Figure 59 TE Connectivity Ltd.: Company Snapshot
Figure 60 Texas Instruments Incorporated: Company Snapshot

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