Fluid Sensors Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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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) and Geography

 

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Report

Description

Fluid Sensors Market is estimated to be valued at USD 13,653.8 Million in 2021 and is poised to grow at a significant CAGR of 7.3% over 2022-2028. An electrical device that monitors or regulates the flow of liquids and gases through pipes and tubes is known as a fluid sensor. Fluid sensors are often used to provide measurements in conjunction with gauges, but they may also be utilized in connection with computers and digital interfaces. They measure, among other things, pressure, temperature, level control, and the amount of fluid flowing through them. Oil and gas, water and wastewater, chemical, power generation, food and beverage, and automotive sectors all employ fluid sensors. Based on type, the global fluid sensors market is segmented into flow sensors and level sensors. The flow sensor segment is anticipated to show growth in the forecasting market. Flow sensors detect the mass and volume rates of liquids, solids, and steam, among other things. flow sensors have several benefits, which is why they are rapidly being utilized in coal-fired, fuel oil and natural gas, geothermal, hydroelectric, and nuclear power plants. Increasing stringency in rules governing the management of harmful gas emissions from power plants has boosted the use of flow sensors. The increasing emphasis on industrial automation, as well as the growing demand for fluid sensors in a variety of manufacturing and processing industries such as oil and gas, lubricating and hydraulic oil reservoirs, waste-water treatment sector, chemical, and power-generation realms, are some of the factors expected to drive the growth of the global fluid sensors market during the forecast period. Furthermore, increased research initiatives to produce tiny and low-cost digital fluid sensors will likely promote market growth by 2028.

 

Recent Market Developments:

In October 2020, Flusso, a semiconductor firm in the United Kingdom, announced the development of the world’s most miniature fluid sensors, which are low-cost and include a digital flow sensing solution. These sensors are suitable for use in high-volume consumer and industrial sectors.

Fluid Sensors Market

MARKET SUMMARY
-
7.3%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 7.3%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Fluid Sensors Market

  • The fluid sensors market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The fluid sensors market is segmented based on based on by type, technology, end user, and geography.
Key Players
  • ABB
  • Honeywell
  • Robert Bosch GmbH
  • NXP Semiconductors
  • Emersion Electric Company
Fluid Sensors Market Dynamics

The fluid sensors industry is expected to develop faster in the projected period due to increased demand in the oil and gas industry for applications such as tank level monitoring and oil quality testing. As a result of increased mobility and industrialization, demand for crude oil and natural gas has soared. Because of the oil and gas industry’s rigorous and harsh circumstances, there is a growing demand for dependable, high-quality sensors. Pressure and temperature sensors are increasingly being employed to monitor oil composition and environmental conditions. The need for multi-level sensors for oil separation in oil drilling operations will also drive the growth of the fluid sensors market.


Asia-Pacific Got Significant Share

Fluid Sensors Market

The Fluid Sensors market in Asia pacific is likely to hold the highest revenue share of in 2021 and same trend is expected over the forecast period due to the growing rate of industrial production in the region's emerging and developed nations, such as China, India, Japan, and South Korea, which are vital centers of production of industrial fluid sensors, is assisting in the region's market expansion. Furthermore, rapid economic development in the Asia continent because of rising per capita income and the development of private and public industrial infrastructure has contributed to the high utilization of fluid sensors in the oil and gas, water & wastewater, chemical, food & beverage, automotive, and other sectors in the Asia-Pacific region, propelling the growth of the fluid sensors market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The fluid sensors market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Fluid Sensors Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The global fluid sensors market is projected to garner $13,653.8 million in the 2021

Schneider Electric, Siemens, ABB, and Honeywell. are some of the key players in the global fluid sensors market.

A flow sensor is an electrical device that monitors or controls the flow of liquids and gases via pipes and tubes. A fluid level sensor is a device used to monitor the levels of liquids such as slurries, granular solids, powders, and others.

The hydrostatic pressure level sensor is used to detect the water level.


Report

Company Profile

  • Schneider Electric
  • Siemens
  • ABB
  • Honeywell
  • Robert Bosch GmbH
  • Emersion Electric Company
  • SICK AG
  • NXP Semiconductors
  • Texas Instruments
  • Rockwell Automation.

Description

Fluid Sensors Market is estimated to be valued at USD 13,653.8 Million in 2021 and is poised to grow at a significant CAGR of 7.3% over 2022-2028. An electrical device that monitors or regulates the flow of liquids and gases through pipes and tubes is known as a fluid sensor. Fluid sensors are often used to provide measurements in conjunction with gauges, but they may also be utilized in connection with computers and digital interfaces. They measure, among other things, pressure, temperature, level control, and the amount of fluid flowing through them. Oil and gas, water and wastewater, chemical, power generation, food and beverage, and automotive sectors all employ fluid sensors. Based on type, the global fluid sensors market is segmented into flow sensors and level sensors. The flow sensor segment is anticipated to show growth in the forecasting market. Flow sensors detect the mass and volume rates of liquids, solids, and steam, among other things. flow sensors have several benefits, which is why they are rapidly being utilized in coal-fired, fuel oil and natural gas, geothermal, hydroelectric, and nuclear power plants. Increasing stringency in rules governing the management of harmful gas emissions from power plants has boosted the use of flow sensors. The increasing emphasis on industrial automation, as well as the growing demand for fluid sensors in a variety of manufacturing and processing industries such as oil and gas, lubricating and hydraulic oil reservoirs, waste-water treatment sector, chemical, and power-generation realms, are some of the factors expected to drive the growth of the global fluid sensors market during the forecast period. Furthermore, increased research initiatives to produce tiny and low-cost digital fluid sensors will likely promote market growth by 2028.

 

Recent Market Developments:

In October 2020, Flusso, a semiconductor firm in the United Kingdom, announced the development of the world’s most miniature fluid sensors, which are low-cost and include a digital flow sensing solution. These sensors are suitable for use in high-volume consumer and industrial sectors.

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