FORT WORTH, Texas, December 17, 2014 /PRNewswire/ --
The European contact level sensor market report defines and segments the contact level sensor market with an analysis and forecast of the revenue. This market is estimated to grow from $564.72 million in 2013 to $661.22 million by 2018, at a CAGR of 3.2% from 2013 to 2018. The European Contact Level Sensor market is driven by the presence of 60% of the global sensor manufacturing units in the region
Browse through the TOC of the European Contact Level Sensor market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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There are numerous types of level sensor technologies available in the market. It is very difficult to consider one better than the rest, as each level measurement application has its own unique set of limitations. The technologies used to manufacture level sensors can be broadly classified into two-contact and non-contact. Contact level sensors are widely used and dominate the overall level sensor market whereas the non-contact types are gradually gaining market traction.
Being a technologically advanced application market, the European region holds 26.81% of the global contact level sensor market. The manufacturers based in this continent deeply focus on interdisciplinary research to produce reliable and intelligent sensors that can be used in various applications. The major countries that contribute to the contact level sensor market in Europe include the U.K., Germany, France, and Italy.
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The European contact level sensor market is segmented and forecast on the basis of types, such as hydrostatic level sensor, magnetic & mechanical float level sensor, magnetostrictive level sensor, pneumatic level sensor, resistive chain level sensor, rotating paddle level sensor, vibratory probe level sensor, weight & cable level sensor, and others. The market is further segmented on the basis of applications, such as automotive, computing, consumer electronics, industrial manufacturing, medical, military and others.
It also includes the market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
The Global Contact Level Sensors Market is expected to reach $2.8 billion by 2018, at a CAGR of 6.0%, from 2013 to 2018.
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