The Latin American Level Sensor Market is expected to reach $352.6 million by 2018 - New Report by MicroMarket Monitor

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Developments in level sensing technologies are expected to play a major role in the growth of the Latin American Level Sensor market

MicroMarket Monitor

MicroMarket Monitor

Key Technologies in Latin American Level Sensor Market technologies such as magnetostrictive, vibratory probe, hydro static, magnetic float, pneumatic,and ultrasonic, microwave/radar,laser

The Latin American Level Sensor Market report defines and segments the concerned market with analysis and forecast of revenue. This market was valued at $252.7 million in 2013, and is expected to reach $352.6 million by 2018, at a CAGR of 6.9% from 2013 to 2018.

Browse through the TOC of the Latin American Level Sensor Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of the level sensor market, and is supported by various tables and figures.

Latin America is a potential market for level sensors in the coming years. The expansion of the market in this region can be attributed to the technological advancements in level sensing technologies. Level measurement is a very basic process used across several industrial segments; technological developments in the past decade have led to a considerable reduction in size of level sensors, which has played a major role in the growth of the level sensor market. Reduction in size and the penetration of micro-electromechanical systems (MEMS) technology into level sensor industry has created a wide horizon of applications for level sensors in the field of automotive, aerospace & defense, healthcare, industrial chemicals, petrochemicals, water & waste water, construction & building, energy & clean-tech, mining, paper, pulp & forestry, plastics, sludge & slurry, and food and beverages applications. MEMS-based sensors have proven to be the perfect solution in the field of healthcare and automotives, as there is a growing need for sensors with improved performance. This has propelled the growth of the level sensor market in Latin America. Countries contributing towards the Latin American level sensor market are Brazil and Argentina.

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This market is segmented and forecast based on type and application. The type segment comprises contact level sensor and non-contact level sensor. Contact level sensors are further sub-segmented based on type into rotating paddle level sensor, resistive chain level sensor, weight & cable level sensor, magnetostrictive level sensor, vibratory probe level sensor, hydrostatic level sensor, magnetic & mechanical float level sensor, and pneumatic level sensor. Non-contact level sensors are sub-segmented into capacitance level sensor, conductive level sensor, load cell, optical level sensor, microwave level sensor, ultrasonic level sensor, and laser level sensor. The market is also segmented and forecast based on applications that include computing, consumer electronics, automotive, industrial manufacturing, military, medical, and other applications.

Early buyers will receive 10% customization on this report.

This report includes market share and value chain analysis, along with market metrics, such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.

Related Reports :

Europe Level Sensor Market

Though the current market of level sensor is dominated by contact level sensors, there is strong growth in non-contact level sensing segment. Europe is one of the key players due to dominance in computing and ICT sector. Traditional magnetic and mechanical float level sensors market represents the largest segment, while laser level sensors market is the fastest growing market in technology segment. The global level sensor market is mainly driven by government regulations, gradual reduction in size, and vehicle production worldwide. Europe is the second largest market for level sensor following North America, with a value of $771.5 million in 2013 and is expected to reach $953.4 million in 2018, at a CAGR of 4.3% from 2013 to 2018.

The report “Europe Level Sensor Market Forecast, 2012-2018”, analyzes the market in terms of seven major applications in different sectors such as computing & ICT, consumer, automotive & transportation, industrial, power & manufacturing, military and defense, and healthcare and agriculture. In Europe, industrial, power & manufacturing sector dominates the application market with highest value and second biggest market is automotive & transportation.

Asia Level Sensor Market

The level sensor market is expected to grow due to advancement in level sensing technologies and high requirements in various application fields such as consumer, automotive, petrochemicals, water and waste water management, chemicals, transportation, industrial, and power and manufacturing sector in the forecasted period from 2013 to 2018. The government initiatives in developing economies like India and China are acting as strong driving force for the level sensor market growth. APAC is the fastest growing region for level sensor market. The APAC market is expected to grow from $732.7 million in 2013 to $1,347.9 million in 2018, at a CAGR of 13% from 2013 to 2018.
The report “APAC Level Sensor Market Forecast-ed, 2012-2018”, analyzes the market in terms of eleven major technologies such as magnetostrictive, vibratory probe, hydrostatic, magnetic float, pneumatic, others (contact), and ultrasonic, microwave/radar, optical, laser, and others (noncontact). Magnetic float dominates the technologies market of level sensor in APAC.

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