Europe Level Sensors Market Size, Share & Trends Analysis Report By Technology, By Monitoring Type (Continuous Level Monitoring and Point Level Monitoring), By End User. By Country and Growth Forecast, 2023 - 2030
The Europe Level Sensors Market would witness market growth of 8.3% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 4638.3 thousand units, showcasing a growth of 11.8% (2019-2022).
Industries such as chemical processing, pharmaceuticals, food and beverage, automotive, and electronics heavily rely on level sensors to ensure operational efficiency, safety, and regulatory compliance. In chemical processing plants, level sensors facilitate precise inventory management of hazardous chemicals, preventing overflows or shortages that could lead to safety hazards or production disruptions. Therefore, the UK market utilized 356.48 thousand units of level sensors in industrial manufacturing in 2022.
The Germany market dominated the Europe Level Sensors Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $546.6 million by 2030. The UK market is exhibiting a CAGR of 7.3% during (2023 - 2030). Additionally, The France market would experience a CAGR of 9.1% during (2023 - 2030).
The evolution of sensor technologies and microcontrollers is enhancing the automobile industry, enabling the development of complex systems that provide end-users with better vehicle control and safety. These advancements allow for integrating sensors into various vehicle components, such as braking systems, steering systems, and safety features, to improve overall vehicle performance and safety. This evolution is particularly evident in the increasing use of multipurpose-level sensors in vehicle production and manufacturing industries.
Additionally, automobile production is on the rise, driven by factors such as growing urbanization and the implementation of various sensors to upgrade vehicle safety provisions. As more cities become urbanized, the demand for vehicles, especially in emerging regions, is expected to increase. This trend, coupled with the growing emphasis on safety in vehicle design, is expected to drive the demand for level sensors in the automotive industry.
The expansion of the automotive industry in Italy stimulates technological advancements in sensor technology. As per ITA, the automotive sector is one of Italy’s main industries. In 2022, the automotive sector’s turnover was €92.7 billion, 9.3% of Italy’s manufacturing turnover and 5.2% of Italy’s GDP. Italy produced 782,629 vehicles in 2022 (including 486,111 automobiles, 234,798 light commercial automobiles, and 61,720 trucks and buses). Therefore, the region presents lucrative opportunities for the market.
Based on Technology, the market is segmented into Contact (Guided Wave, Magnetostrictive, Hydrostatic, Magnetic & Mechanical Float, Pneumatic, and Others) and Non-Contact (Ultrasonic, Microwave/Radar and Others). Based on Monitoring Type, the market is segmented into Continuous Level Monitoring and Point Level Monitoring. Based on End User, the market is segmented into Industrial Manufacturing, Oil & Gas, Wastewater, Chemical & Pharmaceuticals, Consumer, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- TE Connectivity Ltd.
- Siemens AG
- Sensirion AG
- Emerson Electric Co.
- ABB Ltd.
- Ametek, Inc.
- Honeywell International, Inc.
- Fortive Corporation (Fluke Corporation)
- Texas Instruments, Inc.
- Amphenol Corporation
By Technology (Volume, Thousand Units, USD Billion, 2019-2030)
- Contact
- Guided Wave
- Magnetostrictive
- Hydrostatic
- Magnetic & Mechanical Float
- Pneumatic
- Others
- Non-Contact
- Ultrasonic
- Microwave/Radar
- Others
- Continuous Level Monitoring
- Point Level Monitoring
- Industrial Manufacturing
- Oil & Gas
- Wastewater
- Chemical & Pharmaceuticals
- Consumer
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Level Sensors Market, by Technology
- 1.4.2 Europe Level Sensors Market, by Monitoring Type
- 1.4.3 Europe Level Sensors Market, by End User
- 1.4.4 Europe Level Sensors Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis – Global
- 4.1 Market Share Analysis, 2022
- 4.2 Recent Strategies Deployed in Level Sensors Market
- 4.3 Porter’s Five Forces Analysis
- Chapter 5. Europe Level Sensors Market by Technology
- 5.1 Europe Contact Market by Country
- 5.2 Europe Level Sensors Market by Contact Type
- 5.2.1 Europe Guided Wave Market by Country
- 5.2.2 Europe Magnetostrictive Market by Country
- 5.2.3 Europe Hydrostatic Market by Country
- 5.2.4 Europe Magnetic & Mechanical Float Market by Country
- 5.2.5 Europe Pneumatic Market by Country
- 5.2.6 Europe Others Market by Country
- 5.3 Europe Non-Contact Market by Country
- 5.4 Europe Level Sensors Market by Non-Contact Type
- 5.4.1 Europe Ultrasonic Market by Country
- 5.4.2 Europe Microwave/Radar Market by Country
- 5.4.3 Europe Others Market by Country
- Chapter 6. Europe Level Sensors Market by Monitoring Type
- 6.1 Europe Continuous Level Monitoring Market by Country
- 6.2 Europe Point Level Monitoring Market by Country
- Chapter 7. Europe Level Sensors Market by End User
- 7.1 Europe Industrial Manufacturing Market by Country
- 7.2 Europe Oil & Gas Market by Country
- 7.3 Europe Wastewater Market by Country
- 7.4 Europe Chemical & Pharmaceuticals Market by Country
- 7.5 Europe Consumer Market by Country
- 7.6 Europe Others Market by Country
- Chapter 8. Europe Level Sensors Market by Country
- 8.1 Germany Level Sensors Market
- 8.1.1 Germany Level Sensors Market by Technology
- 8.1.1.1 Germany Level Sensors Market by Contact Type
- 8.1.1.2 Germany Level Sensors Market by Non-Contact Type
- 8.1.2 Germany Level Sensors Market by Monitoring Type
- 8.1.3 Germany Level Sensors Market by End User
- 8.2 UK Level Sensors Market
- 8.2.1 UK Level Sensors Market by Technology
- 8.2.1.1 UK Level Sensors Market by Contact Type
- 8.2.1.2 UK Level Sensors Market by Non-Contact Type
- 8.2.2 UK Level Sensors Market by Monitoring Type
- 8.2.3 UK Level Sensors Market by End User
- 8.3 France Level Sensors Market
- 8.3.1 France Level Sensors Market by Technology
- 8.3.1.1 France Level Sensors Market by Contact Type
- 8.3.1.2 France Level Sensors Market by Non-Contact Type
- 8.3.2 France Level Sensors Market by Monitoring Type
- 8.3.3 France Level Sensors Market by End User
- 8.4 Russia Level Sensors Market
- 8.4.1 Russia Level Sensors Market by Technology
- 8.4.1.1 Russia Level Sensors Market by Contact Type
- 8.4.1.2 Russia Level Sensors Market by Non-Contact Type
- 8.4.2 Russia Level Sensors Market by Monitoring Type
- 8.4.3 Russia Level Sensors Market by End User
- 8.5 Spain Level Sensors Market
- 8.5.1 Spain Level Sensors Market by Technology
- 8.5.1.1 Spain Level Sensors Market by Contact Type
- 8.5.1.2 Spain Level Sensors Market by Non-Contact Type
- 8.5.2 Spain Level Sensors Market by Monitoring Type
- 8.5.3 Spain Level Sensors Market by End User
- 8.6 Italy Level Sensors Market
- 8.6.1 Italy Level Sensors Market by Technology
- 8.6.1.1 Italy Level Sensors Market by Contact Type
- 8.6.1.2 Italy Level Sensors Market by Non-Contact Type
- 8.6.2 Italy Level Sensors Market by Monitoring Type
- 8.6.3 Italy Level Sensors Market by End User
- 8.7 Rest of Europe Level Sensors Market
- 8.7.1 Rest of Europe Level Sensors Market by Technology
- 8.7.1.1 Rest of Europe Level Sensors Market by Contact Type
- 8.7.1.2 Rest of Europe Level Sensors Market by Non-Contact Type
- 8.7.2 Rest of Europe Level Sensors Market by Monitoring Type
- 8.7.3 Rest of Europe Level Sensors Market by End User
- Chapter 9. Company Profiles
- 9.1 TE Connectivity Ltd.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 Siemens AG
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 SWOT Analysis
- 9.3 Sensirion AG
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.6 SWOT Analysis
- 9.4 Emerson Electric Co.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Product Launches and Product Expansions:
- 9.4.5.2 Acquisition and Mergers:
- 9.4.6 SWOT Analysis
- 9.5 ABB Ltd.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 SWOT Analysis
- 9.6 Ametek, Inc.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.5.2 Product Launches and Product Expansions:
- 9.6.5.3 Acquisition and Mergers:
- 9.6.6 SWOT Analysis
- 9.7 Honeywell International, Inc.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 SWOT Analysis
- 9.8 Fortive Corporation (Fluke Corporation)
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Acquisition and Mergers:
- 9.8.6 SWOT Analysis
- 9.9 Texas Instruments, Inc.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 SWOT Analysis
- 9.10. Amphenol Corporation
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 SWOT Analysis
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