According to a new report published by Allied Market Research, titled, “Fluid Sensors Market by Type (Flow Sensor, Level Sensor), by Technology (Non-contact Sensor, Contact Sensor), by End-user (Automotive, Water and Wastewater, Oil and Gas, Chemical, Food and Beverage, Power and Utilities, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030,” the fluid sensors market was valued at $13.2 billion in 2021, and is estimated to reach $25.4 billion by 2030, growing at a CAGR of 7.45% from 2022 to 2030.
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Some of the leading fluid sensors market players are Schneider Electric, Siemens, ABB, Honeywell, Robert Bosch GmbH, Emersion Electric Company, SICK AG, NXP semiconductors, Texas Instruments, and Rockwell Automation.
The report focuses on the global fluid sensors market share and the major products & applications, where fluid sensors are used, and roles of different key players that shape the market. The report focuses on the overall fluid sensors market analysis in terms of demand in various countries, presenting data in terms of both value and volume, fluid sensors market size, fluid level sensor, fluid flow sensor, as well as fluid level indicator. The revenue is calculated by proliferating the volume by region-specific prices, considering the region-wise differentiated prices.
The fluid sensors industry is segmented on the basis of type, technology, and end user. By type, the market is classified into flow sensor and level sensor. By technology, it is classified into non-contact sensor and contact sensor. By end user, the market is classified into automotive, water & wastewater, oil & gas, chemical, food & beverages, power & utility, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Key Benefits For Stakeholders
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The report provides an in-depth analysis of the global fluid sensors market trends along with the current and future fluid sensors market forecast.
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This report highlights the key drivers, opportunities, and restraints of the market along with the impact analysis and detailed fluid sensors market outlook during the forecast period.
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Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the global fluid sensors market for strategy building.
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A comprehensive global fluid sensors market analysis covers factors that drive and restrain the market growth as well as fluid sensors market opportunity.
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The qualitative data in this report aims on fluid sensors market opportunity, fluid sensors market forecast scenario, market dynamics, trends, fluid level sensor, fluid level indicator, fluid flow sensor, and developments.
Key Findings of the Study
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On the basis of type, the flow sensor sub-segment is predicted to have a dominating share in the global market during the forecast period.
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On the basis of technology, the non-contact sensor sub-segment is estimated to have a dominating market share in the global market.
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On basis of end-user, the power and utilities sub-segment is estimated to have a dominating market share in the global market.
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On the basis of region, Asia-Pacific is projected to remain the fastest-growing segment during the forecast period.
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