Fluid Sensors Market By Type (Flow Sensor, Level Sensor), By Technology (Non-contact Sensor, Contact Sensor), By End-user (Automotive, Water and Wastewater, Oil and Gas, Chemical, Food and Beverage, Power and Utilities, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030
The global fluid sensors market is projected to garner $25,388.9 million in the 2022-2030 timeframe, growing from $13,242.7 million in 2021, at a healthy CAGR of 7.45%.
Fluid sensors are electrical devices used to continuously monitor fluid flow rate to and fro the pipes and are generally employed in oil & gas, petroleum, and automobile industries. Due to increased demand in the oil & gas industry for various applications such as tank level monitoring and oil quality testing, the demand for fluid sensors is expected to grow rapidly throughout the projected period. As a result of increased mobility and industrialization, demand for crude oil and natural gas has soared. There is an increasing demand for reliable and high-quality sensors in the oil and gas industry due to the severe and harsh circumstances. Pressure and temperature sensors are increasingly being employed in the sector to manage the oil composition and environmental conditions. The demand for multi-level sensors for oil separation in oil drilling operations will also boost the growth of the fluid sensors market share.
The global fluid sensors market is segmented on the basis of type, technology, and end user. By type, the market is classified as flow sensor and level sensor. By technology, it is classified as non-contact sensors and contact sensors. By end user, the market is segmented into automotive, water & wastewater, oil & gas, chemical, food & beverages, power & utilites and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the leading fluid sensors market players are Schneider Electric, Siemens, ABB, Honeywell, Robert Bosch GmbH, Emersion Electric Company, SICK AG, NXP semiconductors, Texas Instruments, and Rockwell Automation.
KEY MARKET SEGMENTS
By Type
Flow sensor
Level sensor
By Technology
Non-contact sensor
Contact sensor
By End User
Automotive
Water & Wastewater
Oil & Gas
Chemical
Food & Beverages
Power & Utilities
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
Saudi Arab Emirate
South Africa
Rest of LAMEA
Key Players
Schneider Electric
Siemens
ABB
Honeywell
Robert Bosch GmbH
Emersion Electric Company
SICK AG
NXP semiconductors
Texas Instruments
Rockwell Automation
Key Market Segments
By Type
Flow Sensor
Level Sensor
By Technology
Non-contact Sensor
Contact Sensor
By End-user
Automotive
Water and Wastewater
Oil and Gas
Chemical
Food and Beverage
Power and Utilities
Others
By Region
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
Australia
Rest of Asia-Pacific
China
India
Japan
South Korea
LAMEA
Brazil
Saudi Arabia
UAE
South Africa
Rest of LAMEA
Key Market Players
Schneider Electric
Siemens
ABB
Honeywell
Emerson Electric Company
Sick AG
NXP Semiconductors N.V.
Texas Instruments
Rockwell Automation, Inc.
Robert Bosch GmbH
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