Company: Markets and Markets
Keywords: Magnetostrictive, Vibratory probe, Hydrostatic, Magnetic float, Ultrasonic, Radar, Optical, Laser, level sensors
The total level sensor market is expected to reach $4,084 million by 2018, at a CAGR of 7.8% from 2013 to 2018. In terms of volume, the total number of level sensors shipped was 117.41 million units in 2012 and is expected to reach 248.46 million units by 2018, at an estimated CAGR of 12.9% from 2013 to 2018. North America leads the overall global level sensors market, with U.S. contributing for the largest percentage share in 2012. Europe, APAC, and Rest of the world (ROW) follow it.