The Key players Asia-Pacific Level Sensor Market include Emerson Electrics (U.S.), Siemens AG (U.S.), and Honeywell Sensing and Control (U.S.).
(PRWEB) April 17, 2015
The Asia-Pacific Level Sensor market report defines and segments the concerned market in Asia-Pacific with analysis and forecast of revenue. This market was valued at $826.5 million in 2013, and is expected to reach $1,534.0 million by 2019, at a CAGR of 13.2% from 2014 to 2019.
Browse through the TOC of this market for an analysis of industry trends, segments and forecasts.
The Asia-Pacific level sensor market is currently witnessing a prosperous growth curve in terms of consumption of level sensors for various applications, as it is one of the major hubs for refineries, metals & mining, and chemical & petrochemical processing plants.
Countries contributing towards the Asia-Pacific level sensor market are China, Japan, India, and Australia. China dominates the market due to high growth observed in various industry verticals, such as mining, automotive, food & beverages, power generation, pulp & paper, and plastics & chemicals.
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The Asia-Pacific level sensor market is segmented on the basis of type and application. The market based on type comprises contact level sensors and non-contact level sensors. Contact level sensors are further sub-segmented on the basis of type into rotating paddle level sensors, resistive chain level sensors, weight & cable level sensors, magnetostrictive level sensors, vibratory probe level sensors, hydrostatic level sensors, magnetic & mechanical float level sensors, and pneumatic level sensors.
Non-contact level sensors are sub-divided into capacitance level sensors, conductive level sensors, load cells, optical level sensors, microwave level sensors, ultrasonic level sensors, and laser level sensors. The market is further segmented on the basis of applications that include computing, consumer electronics, automotive, industrial manufacturing, military, and medical, among others.
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This report includes the market share and value chain analyses, along with market metrics, such as drivers and restraints. Additionally, it also presents a competitive landscape and company profiles of key players thriving in the Asia-Pacific level sensor market.
North America Level Sensor
The North American level sensor market is expected to grow at a CAGR of 5.3% between 2013 and 2018. This market contributes 31.8% to the global level sensor market. The market has been segmented on the basis of the type of level sensor, application and, geography. Governments in this region play a significant role in the growth of the level sensor market for the industrial and power sector. Stringent regulations have been brought into effect to support the conservation of the environment.
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