Level Sensor Market worth $5.9 billion by 2025 growing with a CAGR of 5.7%
According to the new research report, " Level Sensor Market by Technology (Contact and Non-contact); monitoring type (Continuous level and Point level); End users (industrial manufacturing, consumer goods and wastewaters) and Geography (North America and APAC) - Global Forecast to 2025" , is expected to grow from USD 4.0 billion in 2018 to USD 5.9 billion by 2025; it is estimated to grow at a CAGR of 5.7% during 2019–2025. Increasing advancement toward smaller, smarter and cheaper sensors; supportive government regulations; rise in vehicle production; increasing advancement of the Industrial Internet of Things (IIoT), and growing adoption of level sensors in the healthcare end-use application are some of the major factors fueling the growth of this market. Based on technology, market for non-contact level sensor is expected to gain largest share of Level Sensor Market by 2025 Market for non-contact level sensors is expected to gain the largest share of the Level S...