Level Sensor Market Analysis By Technology (Contact Type/Point Level, Non-Contact Type/Continuous Level), By Application (Automotive, Consumer Electronics, Healthcare, Dry Bulk, Oil & Gas), And Segment Forecasts, 2014 - 2025
The global level sensor market is anticipated to reach USD 5.48 billion by 2025, according to a new report by Grand View Research, Inc. The food industry has traditionally lagged behind other industries in adopting new technologies. However, growing advancements in computer technology, coupled with stringent regulations for improved food quality and safety, have resulted in the rising need to automate manufacturing processes, thereby leading to an increased demand for level sensors in the food processing industry.
The production and processing of food and beverages are governed by networks of law codes, practices, regulations, and guidance to reduce the risk of delivering potentially harmful products to consumers. In food processing industries, the pressure and level measurement are required in the filter, tanks, and piping. Pressure instruments include numerous applications, such as maintaining the balance of silos, storage tanks, flavor systems, filling machines, mixing processes, and pasteurization, among others.
Micro-Electro-Mechanical Systems (MEMS), a part of non-contact type sensors, is expected to witness considerable growth over the projected period. MEMS sensors are expected to play a key role in the automotive safety and infotainment applications. The need for higher accuracy, rapid data transmission, and self-test capabilities are the key factors driving the demand for MEMS in automotive applications.
Nanotechnology-enabled sensors are offering physical, chemical, and biological sensing features that enable an increased level of detection specificity, portability, and sensitivity for a wide range of safety and environmental measurements. The U.S. National Nanotechnology Initiative (NNI) recognizes the considerable potential for nanotechnology, which has triggered the development of portable devices that can rapidly detect, quantify, and identify chemical and biological substances.
NNI has launched Nanotechnology Signature Initiatives (NSI) that is integrated with NNI to explore the use of nanotechnology for the following:
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