Allied Market Research

Level Sensor Market Expected to Reach $7.36 Billion by 2026


Report Code : A05777

quote Non-Contact Level Sensors are gaining wide acceptance and their market share is rising, as their costs have declined. Although the contact level sensor segment dominated the global market, non-contact level sensors are replacing traditional contact level sensors, owing to their several advantages. Furthermore, the demand for this type of sensors is increasing due to investments in energy & power technology and new developments in China, India, and North America. In addition, increase in advanced activities in the oil & gas industry in the Middle East is expected to fuel the growth of the level sensor market growth. quote

Divyanshi Tewari
Lead Analyst, Semiconductor and Electronics at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       

A new report published by Allied Market Research, titled, "Level Sensor Market by Type, Application, and End Use: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global level sensor market was valued at $4.44 billion in 2018, and is projected to reach $7.36 billion by 2026, registering a CAGR of 6.50% from 2019 to 2026. In 2019, Asia Pacific dominated the market, contributing more than a 53.5% share of the overall revenue, followed by North America. Emerging advancements of level sensors, rapid adoption of industrial automation, rise in use of level sensors in the energy & power industry fuels the growth of the global level sensor market.

Level sensor is a device that determines the level of fluids or other substances that flow in an open or closed system. There are two types of level measurements, namely, continuous and point level measurements. Factors such as emerging advancement of level sensors, rapid adoption of industrial automation, and rise in use of level sensors in the energy & power industry drive the market. However, lack of precision and accuracy of level sensors and increase in the adoption of electric vehicles hamper the market. Furthermore, the growth in the use of level sensors in the residential sector is expected to create lucrative opportunities for level sensor market during the forecast period.

Continuous level sensors are installed to measure the level within a specified range and determine an exact amount of substance. They are used in applications such as deriving flow rates, inventory management, batching, and dosing processes and provide safety and easy installation. Further, advancements and developments of continuous level sensors has constructed robust and more accurate designs for low maintenance and better reliability than previous versions.

The contact level sensor segment accounted for a significant share of the overall level sensor industry in 2018. This is attributed to the precision and low cost of these sensors in industrial applications. However, the non-contact level sensor segment is estimated to grow significantly at a CAGR of 8.20% during the level sensor market forecast period, due to increase in installation of non-contact level sensors, as many renowned companies are launching advanced technology non-contact level sensors.

Among various regions, Asia-Pacific is expected to be the major revenue generator in 2019 and is expected to maintain its dominance in the overall level sensor market size. This is attributed to the rise in industrial sector and its automation and act as major level sensor market trends globally.

Asia-Pacific is projected to grow at the fastest rate throughout the level sensor market analysis period, China in this region witnessed the highest demand for level sensors, due wide presence of semiconductor companies in the country and stringent government regulations associated with level sensors. Moreover, enhancement in industrial autonomy and increase in expenditure in the emerging markets such as Latin America and the Middle East to meet demand for exponentially growing economies in these countries have strengthened the level sensor market growth. Furthermore, technological advancements for cost-effective and high precision applications in these nations offer lucrative opportunity for the expansion of the level sensor market share.

The market is segmented into type, application, end use, and region. By type, it is bifurcated into contact and non-contact level sensors. By application, it is divided into continuous level monitoring and point level monitoring. The end use segment is divided into automotive, aerospace & defense, energy and power, healthcare, industrial, and others. Region-wise, it is analyzed across North America, Europe, and LAMEA. In 2018, the contact level sensor segment dominated the market in terms of revenue, owing to its cost-effectiveness compared to continuous level monitoring.

Key Finding of The Level Sensor Market:

  • The point level sensor segment accounted for the highest share of the market in 2018 with $2.62 billion, growing at a CAGR of 8.00% from 2019 to 2026.
  • The energy & power industry generated the highest revenue, accounting for $1.10 billion in 2018.
  • Asia-Pacific is expected to dominate the market, garnering 23.60% of the share during the forecast period.

The report provides a comprehensive analysis of the major market players such as ABB Ltd., AMETEK Inc., Emerson Electric Co., Endress+Hauser Management AG, Honeywell International Inc., Siemens AG, Taiwan Semiconductor Manufacturing Company Limited, TE Connectivity, Texas Instruments, and Vega Grieshaber Kg.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975



For Media Inquiries, Please Contact

Tushar Nagose
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at


First time buyer?
Check offers and discount on this report
To get this report

Click Here

quote Level Sensor Market by Type (Contact and Non-Contact), Application (Continuous Level Monitoring and Point Level Monitoring), and End Use (Automotive, Aerospace & Defense, Energy & Power, Healthcare, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026 quote

View Report
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 3,745 niche industries and company profiles on more than 12,953 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.


Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers


Featured Readings


Published Date Jan 2021

Surgical Equipment Market

Download Sample

Published Date Nov 2020

Medical Implant Market

Download Sample

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

Get Industry Data Alerts

Buy Full Version
"Level Sensor Market"
Purchase Enquiry