Market Overview:
The global multi-level liquid 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 liquid level switches in various industries such as petroleum, chemical, food & beverages, and others. In addition, the growing awareness about safety and security is also propelling the growth of this market. Based on type, the global multi-level liquid level switch market can be segmented into contact type and non-contact type. The contact type segment is expected to hold a larger share of the global market during the forecast period owing to its advantages such as low installation cost and easy maintenance. Based on application, the global multi-level liquid level switch market can be divided into petroleum industry, chemical industry, food & beverages industry, and others.
Product Definition:
A multi-level liquid level switch is a device that uses one or more probes to detect the level of a liquid in a vessel. The switch can be used to activate an alarm or other system when the liquid reaches a certain level.
Contact Type:
The global contact type market size was valued at USD 1.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for automation in industries such as automotive, food & beverages, pharmaceuticals, oil & gas and chemical processing is anticipated to drive growth over the next seven years.
Increasing adoption of level switches due to their compact design.
Non-Contact Type:
Non-contact type is a level switch technology that uses the principle of buoyancy to operate. The device works by creating an air pocket between two plates, one of which is floating and the other is submerged under water. As soon as liquid levels get uneven, this creates a small vacuum between them and allows switching operation.
Application Insights:
The others application segment includes water treatment plants, petroleum industry, chemical industry and food & beverages industry. The multi-level liquid level switch is used in the aforementioned applications owing to its ability to monitor a large number of liquids with different levels and raise an alert when any of them approaches a critical level.
Petroleum industry was the largest revenue generating segment for multi-level liquid level switches in 2017. It is anticipated to maintain its dominance over the forecast period due to extensive use in monitoring crude oil levels at various stages of production as well as during transportation and storage tanks across different regions worldwide. Also, increasing demand for these switches from other industries such as chemical and water treatment are expected drive growth over the forecast period globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing government spending on infrastructure development and rising energy demand in emerging economies, such as China and India. In addition, growing industrialization coupled with rapid urbanization has resulted in increased demand for petroleum products across these countries.
The Middle East & Africa is also likely to witness significant growth over the next eight years owing to its vast oil reserves that are still untapped by modern technologies for efficient management of multi-level liquid level switches. Moreover, increasing government support towards developing chemical industries will drive this regional market further.
Growth Factors:
- Increasing demand from process industries for accurate and reliable liquid level detection
- Growing popularity of smart sensors and IIoT-enabled systems in industrial automation
- Proliferation of automated manufacturing processes and facilities
- Rising concerns over safety and environmental compliance in industrial operations
- Growing demand for advanced level sensing technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-level liquid level switch Market Research Report
By Type
Contact Type, Non-Contact Type
By Application
Petroleum Industry, Chemical Industry, Food & Beverages Industry, Others
By Companies
Siemens, ABB, Emerson, Automation Solutions, ENDRESS HAUSER, WIKA, GEMS, Deeter Electronics Ltd, Crane
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Multi-level liquid level switch Market Report Segments:
The global Multi-level liquid level switch market is segmented on the basis of:
Types
Contact Type, Non-Contact 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
Petroleum Industry, Chemical Industry, Food & Beverages Industry, Others
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:
- Siemens
- ABB
- Emerson
- Automation Solutions
- ENDRESS HAUSER
- WIKA
- GEMS
- Deeter Electronics Ltd
- Crane
Highlights of The Multi-level liquid 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:
- Contact Type
- Non-Contact Type
- By Application:
- Petroleum Industry
- Chemical Industry
- Food & Beverages Industry
- Others
- 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 Multi-level liquid 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?
A multi-level liquid level switch is a device that allows you to control the level of liquid in different containers by turning a knob.
Some of the major players in the multi-level liquid level switch market are Siemens, ABB, Emerson, Automation Solutions, ENDRESS HAUSER, WIKA, GEMS, Deeter Electronics Ltd, Crane.
The multi-level liquid level switch market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multi-level liquid level switch Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Multi-level liquid level switch Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Multi-level liquid level switch Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Multi-level liquid level switch Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Multi-level liquid level switch Market Size & Forecast, 2020-2028 4.5.1 Multi-level liquid level switch Market Size and Y-o-Y Growth 4.5.2 Multi-level liquid level switch Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Contact Type
5.2.2 Non-Contact Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Petroleum Industry
6.2.2 Chemical Industry
6.2.3 Food & Beverages Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multi-level liquid level switch Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Multi-level liquid level switch Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Contact Type
9.6.2 Non-Contact Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Petroleum Industry
9.10.2 Chemical Industry
9.10.3 Food & Beverages Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Contact Type
10.6.2 Non-Contact Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Petroleum Industry
10.10.2 Chemical Industry
10.10.3 Food & Beverages Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Contact Type
11.6.2 Non-Contact Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Petroleum Industry
11.10.2 Chemical Industry
11.10.3 Food & Beverages Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Contact Type
12.6.2 Non-Contact Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Petroleum Industry
12.10.2 Chemical Industry
12.10.3 Food & Beverages Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Contact Type
13.6.2 Non-Contact Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Petroleum Industry
13.10.2 Chemical Industry
13.10.3 Food & Beverages Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Multi-level liquid level switch Market: Competitive Dashboard
14.2 Global Multi-level liquid level switch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 ABB
14.3.3 Emerson
14.3.4 Automation Solutions
14.3.5 ENDRESS HAUSER
14.3.6 WIKA
14.3.7 GEMS
14.3.8 Deeter Electronics Ltd
14.3.9 Crane