Level Sensor Market

Industry Overview

The Global Level Sensor Market is expected to witness significant growth on a global scale, with a projected increase from USD 4.8 billion in 2023 to USD 8.6 billion by 2030. This growth is estimated to occur at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period spanning from 2025 to 2030.

The level sensor is a device that is used in monitoring, managing, and measuring liquids and determines the level of fluids or other substances which flow in an open or closed system. The increased digitalization and adoption of different intelligent devices has hiked the level sensor market and the increase is steady. The mounting industrial automation and development of miniaturization technology in electronic devices will led to the adoption of level sensors in different industry verticals, resulting in the growth of the market. Some industries using the device are food and beverages, oil and gas, consumer goods, industrial manufacturing, etc. The level sensors detect precise and accurate leakage and its application is critical in the automobile industry. Level sensors are widely applied to measure water level, tank level, distance range, object revelation, as well as wireless level monitoring in hydraulic places and as cooling circuits in nuclear power plants.

The COVID-19 outbreak has affected the global economy and has reduced the operations, temporary factory closures, import-export ban. Thus, there is a disruption in the global supply chain that has reduced the production and decrease in spending for new measurement systems and sensors.

Market Segmentation

Insight by Technology

Based on technology, the global level sensor market is bifurcated into contact level sensors and non-contact level sensors. The contact level sensor is further divided into the guided wave, magnetostrictive, hydrostatic, magnetic & mechanical float, pneumatic, and others. The non-contact level sensor is sub-segmented into ultrasonic, microwave/radar, and others. Non-contact level sensors are electronic devices that produce electromagnetic fields for level measurement and provide advantages such as operating faster, being accurate in measurement, less maintenance cost, and increasing the flexibility of application.

Insight by Monitoring Type

Based on monitoring type, the global level sensors are bifurcated into continuous level monitoring and point level monitoring. The point level monitoring is sub-divided into capacitance, optical, conductivity, vibrating (tuning fork), and float switch. The continuous level monitoring is anticipated to have a high CAGR during the forecast period 2021-2027 as it is used primarily in the monitoring of liquids and measures levels within a specified range so as determine the exact amount of substance in a particular space.

Insight by Industry Vertical

Based on industry vertical, the global level sensor market is divided into food & beverage, power generation, mining and metal processing, automobile, aerospace & defense, energy & power, healthcare, industrial manufacturing, oil & gas, water and wastewater, chemical, consumer, and others. The oil & gas segment is anticipated to grow at a high CAGR during the forecast period 2021-2027 owing to the rising demand for level sensors to monitor storage units and downstream processing plants, resulting in maintaining constant demand for level sensors. Furthermore, the rising crude oil production in various countries like the US will increase the demand for level sensors. The automobile segment is also anticipated to have significant growth owing to the adoption of fuel sensors in measuring the amount of fuel in the tank. The level sensors are adopted to measure liquids like windshield cleaning liquid, cooling water, power steering liquid, and engine oil.

Global Level Sensor Market Report Coverage

Industry Dynamics

Industry Trends

The advent of Industry 4.0, investment in smart cities to detect the flow of sewage and other water bodies, and widespread R&D activities in the innovation of digital sensors are the key trends prevalent in the level sensor market. Furthermore, the rising environmental concerns and strict regulations by governments have led to the adoption of contactless technologies and reduced low carbon emission along with enhancing the precision to manage the flow.  

Growth Drivers

The global level sensor market is experiencing significant growth due to several key factors. Firstly, the market is being driven by the shrinking size of sensors, which allows for more compact and versatile installations. Additionally, the accurate, precise, and cost-effective nature of level sensors has led to their increased adoption in process industries. Moreover, the rising popularity of IIoT (Industrial Internet of Things) solutions and the continuous global production of vehicles have further contributed to market expansion.

Furthermore, the level sensor market is propelled by the growing demand for consumer convenience and home automation. The increasing use of smart sensors, enabling two-way communication and self-diagnosis, has become a preferred choice. Additionally, there is a rising need for intelligent instruments equipped with microprocessors, as they provide valuable information regarding instrument performance.

Another factor driving the growth of the level sensor market is the adoption of liquid level sensors. These sensors play a crucial role in handling the complexities of liquid level measurement and are extensively used in liquid assets inventory applications.

Overall, these various factors combined are expected to augment the growth of the level sensor market, meeting the demands for advanced technology, convenience, and efficiency in a wide range of industries.

Challenges

The increased competition among players to offer high-quality products and the adoption of thin-film technology will hamper the growth of the level sensor market. Furthermore, the increased security, privacy issues, high integration cost of the product, and scalability and reliability to deploy sensors within the system-on-chip are the challenges faced by the level sensor market.

Opportunities

The advent of nano-enabled sensors will create promising opportunities for growth in the level sensor market. The technological development to access digital level sensors will further provide opportunities for growth in the market.

Geographic Overview

North America dominates the global level sensor market owing to the accessibility of oil & gas reserves in the US and Canada which has led to an increase in drilling activities and the adoption of level sensors for high accuracy. Furthermore, the presence of major manufacturers in the region will fuel the growth of level sensor market.

APAC is anticipated to be the region with a high CAGR owing to the increased use of level sensors in various industry verticals like industrial manufacturing, chemicals, and pharmaceuticals in this region. In addition, the rapid industrial growth, the existence of a large number of refineries, mining, petrochemical processing, the rising automotive industry will provide opportunities for growth in the level sensor market. Thus, the increased demand for level sensors and supply of raw material by countries like Korea, China, And Japan will fuel the growth of the level sensor market.

Competitive Insight

The industry players in the level sensor market are adopting strategies like M&A, product launch, expansion, to expand their product portfolio. The prominent players like ABB, Siemens, Endress +Hauser, Emerson, and Honeywell, have captured a large share of the global market.  These players obtain crucial level sensors technology. The small-scale level sensors producers have expertise in a specific technology, have a distinct geographical presence, and good marketing network.

ABB is one of the market leaders in level measurement. The range of level sensors and level transmitters offers solutions in the most complex level applications. It has one of the largest agency-approved level switch technologies such as the K-TEK level products line provides solutions in difficult liquid and solid level applications.

Emerson is focused on two business platforms i.e., automation solutions and commercial & residential solutions, and includes developed technologies to create sustainable solutions for customers. Emerson's extensive range of devices for liquids and solids measurement include point level detection to stimulate continuous level, interface, and volume measurement, even in extreme conditions For instance, Emerson's Rosemount level measurement technologies will optimize processes, plan for maintenance, predict and correct issues before they become problems. Their product portfolio includes continuous level measurement, point level detection, solids measurement, hygienic and sanitary level measurement, and accessories and spare parts.

In June 2021, Emerson has developed Rosemount™ 1408H Level Transmitter which is the world’s first non-contacting radar level transmitter designed precisely for food and beverage applications.

In March 2021, AMETEK, Inc. has acquired three companies – Magnetrol International, Crank Software, and EGS Automation (EGS).  Magnetrol International will expand the level measurement solutions of AMETEK.

Some of the key players operating in the level sensor market: ABB, Emerson Electric Co., AMETEK.Inc., Honeywell International Inc., TE Connectivity, Fortive, Siemens, Vega Grieshaber KG, Endress+Hauser Group Services AG, and SICK AG.

The Level Sensor Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

• By Technology
  • Contact Level Sensors
    • Guided Wave
    • Magnetostrictive
    • Hydrostatic
    • Magnetic & Mechanical Float
    • Pneumatic
    • Others
  • Non-Contact Level Sensors
    • Ultrasonic
    • Microwave/Rada
    • Others
• By Monitoring Type
  • Continuous Level Monitoring
  • Point Level Monitoring
    • Capacitance
    • Optical
    • Conductivity
    • Vibrating (Tuning Fork)
    • Float Switch
• By Industry Vertical
  • Food & Beverage
  • Power Generation
  • Mining and Metal Processing
  • Automobile
  • Aerospace & Defense
  • Energy & Power
  • Healthcare
  • Industrial Manufacturing
  • Oil & Gas
  • Water and Wastewater
  • Chemical
  • Consumer
  • Others

Region Covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

Source: VynZ Research

1.    Research Overview

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Technology
                1.2.2.    By Monitoring Type
                1.2.3.    By Industry Vertical             
                1.2.4.    By Region
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Methodology
                1.5.1.    Data Sources
                        1.5.1.1. Primary Research
                        1.5.1.2. Secondary Research
                1.5.2.    Methodology
                        1.5.2.1. Data Exploration
                        1.5.2.2. Forecast Parameters
                        1.5.2.3. Data Validation
                        1.5.2.4. Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis
                3.3.3.    Market Share Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

        5.1.    By Technology
                5.1.1.    Contact Level Sensors
                        5.1.1.1. Market Definition
                        5.1.1.2. Market Estimation and Forecast to 2030  
                5.1.2.    Non-Contact Level Sensors
                        5.1.2.1. Market Definition
                        5.1.2.2. Market Estimation and Forecast to 2030     
        5.2.    By Monitoring Type
                5.2.1.    Continuous Level Monitoring
                        5.2.1.1. Market Definition
                        5.2.1.2. Market Estimation and Forecast to 2030
                5.2.2.    Point Level Monitoring
                        5.2.2.1. Market Definition
                        5.2.2.2. Market Estimation and Forecast to 2030
        5.3.    By Industry Vertical
                5.3.3.    Food & Beverage
                        5.3.1.1. Market Definition
                        5.3.1.2. Market Estimation and Forecast to 2030
                5.3.4.    Power Generation
                        5.3.2.1. Market Definition
                        5.3.2.2. Market Estimation and Forecast to 2030
                5.3.5.    Mining and Metal Processing
                        5.3.1.1. Market Definition
                        5.3.1.2. Market Estimation and Forecast to 2030
                5.3.6.    Automobile
                        5.3.2.1. Market Definition
                        5.3.2.2. Market Estimation and Forecast to 2030
                5.3.7.    Aerospace & Defense
                        5.3.1.1. Market Definition
                        5.3.1.2. Market Estimation and Forecast to 2030
                5.3.8.    Energy & Power
                        5.3.2.1. Market Definition
                        5.3.2.2. Market Estimation and Forecast to 2030
                5.3.9.    Healthcare
                        5.3.1.1. Market Definition
                        5.3.1.2. Market Estimation and Forecast to 2030
                5.3.10.    Industrial Manufacturing
                        5.3.2.1. Market Definition
                        5.3.2.2. Market Estimation and Forecast to 2030
                5.3.11.    Oil & Gas
                        5.3.1.1. Market Definition
                        5.3.1.2. Market Estimation and Forecast to 2030
                5.3.12.    Water and Wastewater
                        5.3.2.1. Market Definition
                        5.3.2.2. Market Estimation and Forecast to 2030
                5.3.13.    Chemical
                        5.3.1.1. Market Definition
                        5.3.1.2. Market Estimation and Forecast to 2030
                5.3.14.    Consumer
                        5.3.2.1. Market Definition
                        5.3.2.2. Market Estimation and Forecast to 2030
                5.3.15.    Others
                        5.3.1.1. Market Definition
                        5.3.1.2. Market Estimation and Forecast to 2030      
        
6.    North America Market Estimate and Forecast

        6.1.    By Technology
        6.2.    By Monitoring Type
        6.3.    By Industry Vertical      
        6.4     By Country – U.S., Canada, and Mexico
                6.5.1.    U.S. Market Estimate and Forecast
                6.5.2.    Canada Market Estimate and Forecast
                6.5.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Technology
        7.2.    By Monitoring Type
        7.3.    By Industry Vertical   
        7.6     By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe
                7.5.1.    Germany Market Estimate and Forecast
                7.5.2.    France Market Estimate and Forecast
                7.5.3.    U.K. Market Estimate and Forecast
                7.5.4.    Italy Market Estimate and Forecast
                7.5.5.    Spain Market Estimate and Forecast
                7.5.6.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Technology
        8.2.    By Monitoring Type
        8.3.    By Industry Vertical 
        8.6     By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific
                8.5.1.    China Market Estimate and Forecast
                8.5.2.    Japan Market Estimate and Forecast
                8.5.3.    India Market Estimate and Forecast
                8.5.4.    South Korea Market Estimate and Forecast
                8.5.5.    Singapore Market Estimate and Forecast
                8.5.6.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Technology
        9.2.    By Monitoring Type
        9.3.    By Industry Vertical 
        9.6     By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
                9.5.1.    Brazil Market Estimate and Forecast
                9.5.2.    Saudi Arabia Market Estimate and Forecast
                9.5.3.    South Africa Market Estimate and Forecast
                9.5.4.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    ABB
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Emerson Electric Co.
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    AMETEK.Inc.
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    Honeywell International Inc.
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    TE Connectivity
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    Fortive
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    Siemens
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    Vega Grieshaber KG
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments  
        10.9.    Endress+Hauser Group Services AG
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments  
        10.10.    SICK AG
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments      

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Level Sensor Market, By Technology, 2018 - 2023 (USD Billion)
Table 5 Global Level Sensor Market, By Technology, 2025 - 2030 (USD Billion)
Table 6 Global Level Sensor Market, By Monitoring Type, 2018 - 2023 (USD Billion)
Table 7 Global Level Sensor Market, By Monitoring Type, 2025 - 2030 (USD Billion)
Table 10 Global Level Sensor Market, By Industry Vertical, 2018 - 2023 (USD Billion)
Table 11 Global Level Sensor Market, By Industry Vertical, 2025 - 2030 (USD Billion)
Table 12 Global Level Sensor Market, By Region, 2018 - 2023 (USD Billion)
Table 13 Global Level Sensor Market, By Region, 2025 - 2030 (USD Billion)
Table 14 North America Level Sensor Market, By Technology, 2018 - 2023 (USD Billion)
Table 15 North America Level Sensor Market, By Technology, 2025 - 2030 (USD Billion)
Table 16 North America Level Sensor Market, By Monitoring Type, 2018 - 2023 (USD Billion)
Table 17 North America Level Sensor Market, By Monitoring Type, 2025 - 2030 (USD Billion)
Table 18 North America Level Sensor Market, By Industry Vertical, 2018 - 2023 (USD Billion)
Table 19 North America Level Sensor Market, By Industry Vertical, 2025 - 2030 (USD Billion)
Table 20 North America Level Sensor Market, By Region, 2018 - 2023 (USD Billion)
Table 21 North America Level Sensor Market, By Region, 2025 - 2030 (USD Billion)
Table 22 Europe Level Sensor Market, By Technology, 2018 - 2023 (USD Billion)
Table 23 Europe Level Sensor Market, By Technology, 2025 - 2030 (USD Billion)
Table 24 Europe Level Sensor Market, By Monitoring Type, 2018 - 2023 (USD Billion)
Table 25 Europe Level Sensor Market, By Monitoring Type, 2025 - 2030 (USD Billion)
Table 26 Europe Level Sensor Market, By Industry Vertical, 2018 - 2023 (USD Billion)
Table 27 Europe Level Sensor Market, By Industry Vertical, 2025 - 2030 (USD Billion)
Table 28 Europe Level Sensor Market, By Region, 2018 - 2023 (USD Billion)
Table 29 Europe Level Sensor Market, By Region, 2025 - 2030 (USD Billion)
Table 30 Asia-Pacific Level Sensor Market, By Technology, 2018 - 2023 (USD Billion)
Table 31 Asia-Pacific Level Sensor Market, By Technology, 2025 - 2030 (USD Billion)
Table 32 Asia-Pacific Level Sensor Market, By Monitoring Type, 2018 - 2023 (USD Billion)
Table 33 Asia-Pacific Level Sensor Market, By Monitoring Type, 2025 - 2030 (USD Billion)
Table 34 Asia-Pacific Level Sensor Market, By Industry Vertical, 2018 - 2023 (USD Billion)
Table 35 Asia-Pacific Level Sensor Market, By Industry Vertical, 2025 - 2030 (USD Billion)
Table 36 Asia-Pacific Level Sensor Market, By Region, 2018 - 2023 (USD Billion)
Table 37 Asia-Pacific Level Sensor Market, By Region, 2025 - 2030 (USD Billion)
Table 38  RoW Level Sensor Market, By Technology, 2018 - 2023 (USD Billion)
Table 39  RoW Level Sensor Market, By Technology, 2025 - 2030 (USD Billion)
Table 40  RoW Level Sensor Market, By Monitoring Type, 2018 - 2023 (USD Billion)
Table 41  RoW Level Sensor Market, By Monitoring Type, 2025 - 2030 (USD Billion)
Table 42  RoW Level Sensor Market, By Industry Vertical, 2018 - 2023 (USD Billion)
Table 43  RoW Level Sensor Market, By Industry Vertical, 2025 - 2030 (USD Billion)
Table 44  RoW Level Sensor Market, By Region, 2018 - 2023 (USD Billion)
Table 45  RoW Level Sensor Market, By Region, 2025 - 2030 (USD Billion)
Table 46 Snapshot – ABB
Table 47 Snapshot – Emerson Electric Co.
Table 48 Snapshot – AMETEK.Inc.
Table 49 Snapshot – Honeywell International Inc.
Table 50 Snapshot – TE Connectivity
Table 51 Snapshot – Fortive
Table 52 Snapshot – Siemens
Table 53 Snapshot – Vega Grieshaber KG
Table 54 Snapshot – Endress+Hauser Group Services AG
Table 55 Snapshot – SICK AG

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Level Sensor Market- Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Level Sensor Market Highlight
Figure 12 Global Level Sensor Market, By Technology, 2018 - 2030 (USD Billion)
Figure 13 Global Level Sensor Market, By Monitoring Type, 2018 - 2030 (USD Billion)
Figure 14 Global Level Sensor Market, By Industry Vertical, 2018 - 2030 (USD Billion)
Figure 15 Global Level Sensor Market, By Region, 2018 - 2030 (USD Billion)
Figure 16 North America Level Sensor Market Highlight
Figure 17 North America Level Sensor Market, By Technology, 2018 - 2030 (USD Billion)
Figure 18 North America Level Sensor Market, By Monitoring Type, 2018 - 2030 (USD Billion)
Figure 19 North America Level Sensor Market, By Industry Vertical, 2018 - 2030 (USD Billion)
Figure 20 North America Level Sensor Market, by Region, 2018 - 2030 (USD Billion)
Figure 21 Europe Level Sensor Market Highlight
Figure 22 Europe Level Sensor Market, By By Technology, 2018 - 2030 (USD Billion)
Figure 23 Europe Level Sensor Market, By Monitoring Type, 2018 - 2030 (USD Billion)
Figure 24 Europe Level Sensor Market, By Industry Vertical, 2018 - 2030 (USD Billion)
Figure 25 Europe Level Sensor Market, by Region, 2018 - 2030 (USD Billion)
Figure 26 Asia-Pacific Level Sensor Market Highlight
Figure 27 Asia-Pacific Level Sensor Market, By Technology, 2018 - 2030 (USD Billion)
Figure 28 Asia-Pacific Level Sensor Market, By Monitoring Type, 2018 - 2030 (USD Billion)
Figure 29 Asia-Pacific Level Sensor Market, By Industry Vertical, 2018 - 2030 (USD Billion)
Figure 30 Asia-Pacific Level Sensor Market, by Region, 2018 - 2030 (USD Billion)
Figure 31 RoW Level Sensor Market Highlight
Figure 32 RoW Level Sensor Market, By Technology, 2018 - 2030 (USD Billion)
Figure 33 RoW Level Sensor Market, By Monitoring Type, 2018 - 2030 (USD Billion)
Figure 34 RoW Level Sensor Market, By Industry Vertical, 2018 - 2030 (USD Billion)
Figure 35 RoW Level Sensor Market, By Region, 2018 - 2030 (USD Billion)