Vibration Level Switch Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Vibration Level Switch Market Introduction
The vibrating level switch market revenues surpassed US$ 604 million by the end of 2018, and it is likely to witness incremental growth to reach US$ 835 million by 2018. Benefits of vibrating level switched over traditional point level measurement technologies is among the primary drives of the vibration level switch market. Rising demand for vibration level switches in a wide range of end-user industries, including food & beverage and pharmaceuticals, is expected to trigger developments in the vibrating level switch market in the upcoming years.
Vibrating level switches are among the most widely used measurement instruments and find applications as overfill protection devices or low-level indicators in liquids. Vibration level switches can also be used in powdery solids and include a broad range of industrial applications, such as wet or dry indication in pipes, pump controls, high-low fail-safe limit switch, and overfill or dry run protection.
Vibration Level Switch Market Dynamics
Europe to Dominate with Increasing Adoption of Process Automation Technologies
Stringent machine safety regulations and functional safety directives implemented in European countries is one of the most important drivers of the vibration level switch market in Europe. Functional safety standards, such as IEC 61508, are developed by governing bodies, which industry player need to conform to with the adoption of measurement instruments, such as vibration level switches.
Furthermore, leading end-user industries in the European market for vibration level switch are increasingly adopting advanced process automation systems, which is providing an impetus to the demand for vibration level switches in the region. The rapidly-growing European food & beverages industry is expected to have a major contribution in creating more lucrative opportunities for stakeholders in the vibration level switch market in Europe.
Demand for Vibration Level Switches to Remain High in Liquid Applications
While vibration level switches are commonly used in both solid and liquids applications, incumbent industry manufacturers are adopting vibration level switches to ensure the safety of storage and transportation of dangerous liquids. Hazardous liquids are handled every day in various industrial applications, such as oil & gas and mining, which require sufficient overfill prevention systems. Thereby, vibration level switches are employed in these industrial applications to protect the environment and human health from potentially dangerous liquids.
Another important factor to boost demand for vibration level switches in liquid applications is the need for point level detection of hazardous fluids in process tanks and pipelines. High performance characteristics of vibration level switches including resistance to vibration, turbulence, foam, and build-up. Thereby, vibration level switches are witnessing high demand in liquid applications for seal pot low level indication, overfill prevention, and retention dike level alarms.
Some of the most prominent competitors operating in the competitive landscape of global vibration level switch market include –
Vibration Level Switch Market – Segmentation
The vibration level switch market can be bifurcated on the basis of:
Vibration Level Switch Market Segmentation – Technology
Based on the technologies, the vibration level switch market can be classified into:
Vibration Level Switch Market Segmentation – Applications
Based on the applications, the vibration level switch market can be classified into:
Vibration Level Switch Market Segmentation – End-User Industry
Depending on the end-user industries, the vibration level switch market can be segmented into:
The study presents reliable qualitative and quantitative insights into:
The regional analysis covers:
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Highlights of the report:
Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report