Market Overview:
The global float level switch market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for float level switches from various end-use industries, such as oil & gas, chemical, water/wastewater processing, food & beverage and boiler control. In addition, the growing awareness about energy conservation is also propelling the growth of this market.
Product Definition:
Float level switch is a type of sensor that is used to detect the level of liquid in a tank. It consists of a float that is attached to a switch, and when the float reaches the desired level, it closes the switch and sends a signal indicating that the liquid has reached the desired level. This type of sensor is often used in water tanks, fuel tanks, and other applications where it is important to know when the liquid reaches a certain point.
Top-mounted Type:
Top-mounted type is a technology that has gained significant traction in the float level switch market. It is used to provide protection against overfilling of float tanks and helps in preventing any damage to the machine or equipment. The top mounted type devices are usually installed on vertical surfaces such as stackers, silos, etc., which help in providing protection from water hammering and cavitation caused due to impact of water particles during normal operation.
Side-Mounted Type:
The side-mounted type is used to measure the float level in a reservoir. It consists of a sensor, which is mounted on the side of the vessel and connected to an electronic device or computer that measures and displays the data. The device can be installed on a single post or more than one post depending upon its location in relation to other equipment.
Application Insights:
The oil & gas industry was the largest application segment in 2017 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production activities across various regions, including Africa, Asia Pacific and Middle East. Moreover, growing demand for crude oil from emerging economies such as India, China and Brazil is expected to drive the industry over the coming years.
In terms of revenue as well as units shipped in 2017, chemical industries occupied second-largest position in global market share while accounting for 13% of total shipments globally that year.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from countries such as China, India, Japan and South Korea. In addition, increasing offshore oil drilling activities in countries such as Indonesia and Malaysia are also anticipated to drive regional product demand.
The Asia Pacific has been witnessing strong economic growth on account of rapid industrialization coupled with increasing foreign investments in various sectors including energy & power, chemicals & petrochemicals along with mining sector are driving industry expansion across this region which is further fueling market growth. Moreover, growing population coupled with rising disposable income levels will also have a positive impact on industry development over the next eight years.
Growth Factors:
- Increasing demand for float level switches in end-user industries such as oil & gas, water treatment, and power generation to control and monitor the level of fluids in tanks or vessels.
- Growing popularity of smart sensors and IIoT across various industrial sectors is expected to boost the adoption of float level switches over the forecast period.
- Rising investments by manufacturing companies towards process automation to improve product quality and efficiency is projected to propel the growth of float level switch market during the forecast period.
- Stringent government regulations pertaining to safety and environment are likely to create opportunities for float level switch manufacturers in emerging economies over the next few years. 5 Emerging applications such as data center cooling, firefighting systems, and fuel management are anticipated to offer lucrative growth prospects for players operating in this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Float Level Switch Market Research Report
By Type
Top-mounted Type, Side-Mounted Type
By Application
Oil & Gas Industry, Chemical Industry, Water/Wastewater Processing, Food & Beverage, Boiler Control and etc.
By Companies
GEMS, SJE-Rhombus, WIKA Group, Emerson, E+H, Zhejiang Huanli, ATMI, Dwyer, Magnetrol, RIKO Float, Fine Tek, Kobold, Nivelco, Baumer, YOUNGJIN, Towa Seiden, Madison, SMD Fluid Controls, Besta, Hy Control, Emco Control, XiFulai, Zhejiang KRIPAL
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Float Level Switch Market Report Segments:
The global Float Level Switch market is segmented on the basis of:
Types
Top-mounted Type, Side-Mounted Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas Industry, Chemical Industry, Water/Wastewater Processing, Food & Beverage, Boiler Control and etc.
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GEMS
- SJE-Rhombus
- WIKA Group
- Emerson
- E+H
- Zhejiang Huanli
- ATMI
- Dwyer
- Magnetrol
- RIKO Float
- Fine Tek
- Kobold
- Nivelco
- Baumer
- YOUNGJIN
- Towa Seiden
- Madison
- SMD Fluid Controls
- Besta
- Hy Control
- Emco Control
- XiFulai
- Zhejiang KRIPAL
Highlights of The Float Level Switch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Top-mounted Type
- Side-Mounted Type
- By Application:
- Oil & Gas Industry
- Chemical Industry
- Water/Wastewater Processing
- Food & Beverage
- Boiler Control and etc.
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Float Level Switch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Float level switches are used to control the float level of a tank or vessel. They are also known as vacuum breakers, vacuum switches, and pressure relief valves.
Some of the key players operating in the float level switch market are GEMS, SJE-Rhombus, WIKA Group, Emerson, E+H, Zhejiang Huanli, ATMI, Dwyer, Magnetrol, RIKO Float, Fine Tek, Kobold, Nivelco, Baumer, YOUNGJIN, Towa Seiden, Madison, SMD Fluid Controls, Besta, Hy Control, Emco Control, XiFulai, Zhejiang KRIPAL.
The float level switch market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Float Level Switch Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Float Level Switch Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Float Level Switch Market - Supply Chain
4.5. Global Float Level Switch Market Forecast
4.5.1. Float Level Switch Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Float Level Switch Market Size (000 Units) and Y-o-Y Growth
4.5.3. Float Level Switch Market Absolute $ Opportunity
5. Global Float Level Switch Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Float Level Switch Market Size and Volume Forecast by Type
5.3.1. Top-mounted Type
5.3.2. Side-Mounted Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Float Level Switch Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Float Level Switch Market Size and Volume Forecast by Application
6.3.1. Oil & Gas Industry
6.3.2. Chemical Industry
6.3.3. Water/Wastewater Processing
6.3.4. Food & Beverage
6.3.5. Boiler Control and etc.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Float Level Switch Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Float Level Switch Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Float Level Switch Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Float Level Switch Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Float Level Switch Demand Share Forecast, 2019-2026
9. North America Float Level Switch Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Float Level Switch Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Float Level Switch Market Size and Volume Forecast by Application
9.4.1. Oil & Gas Industry
9.4.2. Chemical Industry
9.4.3. Water/Wastewater Processing
9.4.4. Food & Beverage
9.4.5. Boiler Control and etc.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Float Level Switch Market Size and Volume Forecast by Type
9.7.1. Top-mounted Type
9.7.2. Side-Mounted Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Float Level Switch Demand Share Forecast, 2019-2026
10. Latin America Float Level Switch Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Float Level Switch Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Float Level Switch Market Size and Volume Forecast by Application
10.4.1. Oil & Gas Industry
10.4.2. Chemical Industry
10.4.3. Water/Wastewater Processing
10.4.4. Food & Beverage
10.4.5. Boiler Control and etc.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Float Level Switch Market Size and Volume Forecast by Type
10.7.1. Top-mounted Type
10.7.2. Side-Mounted Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Float Level Switch Demand Share Forecast, 2019-2026
11. Europe Float Level Switch Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Float Level Switch Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Float Level Switch Market Size and Volume Forecast by Application
11.4.1. Oil & Gas Industry
11.4.2. Chemical Industry
11.4.3. Water/Wastewater Processing
11.4.4. Food & Beverage
11.4.5. Boiler Control and etc.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Float Level Switch Market Size and Volume Forecast by Type
11.7.1. Top-mounted Type
11.7.2. Side-Mounted Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Float Level Switch Demand Share, 2019-2026
12. Asia Pacific Float Level Switch Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Float Level Switch Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Float Level Switch Market Size and Volume Forecast by Application
12.4.1. Oil & Gas Industry
12.4.2. Chemical Industry
12.4.3. Water/Wastewater Processing
12.4.4. Food & Beverage
12.4.5. Boiler Control and etc.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Float Level Switch Market Size and Volume Forecast by Type
12.7.1. Top-mounted Type
12.7.2. Side-Mounted Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Float Level Switch Demand Share, 2019-2026
13. Middle East & Africa Float Level Switch Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Float Level Switch Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Float Level Switch Market Size and Volume Forecast by Application
13.4.1. Oil & Gas Industry
13.4.2. Chemical Industry
13.4.3. Water/Wastewater Processing
13.4.4. Food & Beverage
13.4.5. Boiler Control and etc.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Float Level Switch Market Size and Volume Forecast by Type
13.7.1. Top-mounted Type
13.7.2. Side-Mounted Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Float Level Switch Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Float Level Switch Market: Market Share Analysis
14.2. Float Level Switch Distributors and Customers
14.3. Float Level Switch Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GEMS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SJE-Rhombus
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. WIKA Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Emerson
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. E+H
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zhejiang Huanli
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ATMI
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dwyer
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Magnetrol
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. RIKO Float
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fine Tek
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kobold
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nivelco
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Baumer
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. YOUNGJIN
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Towa Seiden
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Madison
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. SMD Fluid Controls
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Besta
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Hy Control
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook