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Global Float Switch Market 2017-2021

Global Float Switch Market 2017-2021

About Float Switch

Float switches are used to detect the level of liquids in storage tanks. These can also be used to control the pumping function or as an indicator. Float switches are controllers with a conductor floating in the liquid. These switches are used to check the raising or decreasing liquid level, and switches on the pumps are switched on/off accordingly. Float switches are level switches used for measurement. These switches can be divided into horizontally mountable and vertically mountable switches.

Technavio’s analysts forecast the global float switch market to grow at a CAGR of 3.48% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global float switch market for 2017-2021. To calculate the market size, the report considers new installations, retrofit, replacement, aftermarket, and services market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Float Switch Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Baumer
  • Emerson
  • OMEGA Engineering
  • SMD Fluid Controls
  • WIKA
Other prominent vendors
  • Entegris
  • Besta (Bachofen Holding)
  • Endress+Hauser
  • FPI Sensors
  • FineTek
  • Gems Sensors & Controls
  • KOBOLD Messring
  • Madison
  • SOR
Market driver
  • Increasing need for process automation
  • For a full, detailed list, view our report
Market challenge
  • Premature failure of float switches
  • For a full, detailed list, view our report
Market trend
  • Increasing use of automated wireless pump control products
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Float Switch Market 2017-2021

Technavio recognizes the following companies as the key players in the global float switch market: Baumer, Emerson, OMEGA Engineering, SMD Fluid Controls, and WIKA.

Other Prominent Vendors in the market are: Entegris, Besta (Bachofen Holding), Endress+Hauser, FPI Sensors, FineTek, Gems Sensors & Controls, KOBOLD Messring, Madison, and SOR.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing use of automated wireless pump control products. Vendors have introduced automated wireless pump control products to improve the efficiency of pump control. These products can be connected to float and mechanical switches. These devices help in remotely controlling the functions of the pumps, such as the flow of liquids and speed of the motor.”

According to the report, one driver in the market is increasing need for process automation. Many end-user industries are upgrading their existing manufacturing facilities to improve the efficiency of the plants and reduce the operating costs. With the help of automation and robotic solutions, manufacturing facilities can improve the quality of their production, thereby improving the efficiency. With the help of IIoT, these manufacturing facilities can collect data, which can be used for analytics and strategic decision making. With the help of automation, the precision and quality of work can be maintained, which helps in improving the output of the products.

Further, the report states that one challenge in the market is premature failure of float switches. Certain models of float switches are not suitable for certain applications, which causes float switch failure. Failure may occur due to the temperature of the liquid, which could affect the functioning of the switches, corrosion of float switches of due to exposure of these switches to various viscous liquids, and improper installations. These factors can damage the float switches and raise the need for their replacement on a frequent basis. The lack of awareness during the selection of float switches is the major reason for the premature failure.

Companies Mentioned

Baumer, Emerson, OMEGA Engineering, SMD Fluid Controls, WIKA, Entegris, Besta (Bachofen Holding), Endress+Hauser, FPI Sensors, FineTek, Gems Sensors & Controls, KOBOLD Messring, Madison, and SOR.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Market landscape
      • Table Global float switch market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Market overview
      • Table Global float switch market by product type 2016 and 2021 (% share)
      • Table Preference of float switches among the end-user industries
    • Global horizontally mountable float switch market
      • Table Global horizontally mountable float switch market 2016-2021 ($ millions)
      • Table Performance of global horizontally mountable float switch market
    • Global vertically mountable float switch market
      • Table Global vertically mountable float switch market 2016-2021 ($ millions)
      • Table Performance of global vertically mountable float switch market
  • Market segmentation by end-user
    • Market overview
      • Table Global float switch market by end-user segmentation 2016 and 2021 (% share)
    • Global float switch market by process industries
      • Table Global float switch market by process industries 2016-2021 ($ millions)
      • Table Performance of global float switch market by process industries
    • Global float switch market by discrete industries
      • Table Global float switch market by discrete industries 2016-2021 ($ millions)
      • Table Performance of global float switch market by process industries
  • Geographical segmentation
    • Market overview
      • Table Global float switch market geographical segmentation 2016 and 2021 (% share)
    • Float switch market in Americas
      • Table Float switch market in Americas 2016-2021 ($ millions)
      • Table Key investments in Americas
    • Float switch market in APAC
      • Table Float switch market in APAC 2016-2021 ($ millions)
      • Table Key investments in APAC
    • Float switch market in EMEA
      • Table Float switch market in EMEA 2016-2021 ($ millions)
      • Table Key investments in EMEA
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing use of automated wireless pump control products
    • Availability of plastic float switches
    • Introduction of miniaturized float switches
  • Vendor landscape
    • Competition scenario
      • Table Global float switch market dynamics
    • Other prominent vendors
  • Key vendor analysis
    • Baumer
      • Table Baumer: Product analysis
      • Table Baumer: Key news
    • Emerson
      • Table Emerson: Product analysis
      • Table Emerson: Key news
    • OMEGA Engineering
      • Table OMEGA Engineering: Product analysis
      • Table OMEGA Engineering: Key news
    • SMD Fluid Controls
      • Table SMD Fluid Controls: Product analysis
    • WIKA
      • Table WIKA: Product analysis
      • Table WIKA: Key news
  • Appendix
    • List of abbreviations
  • Explore Technavio

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