Jul 10 2014
Research and Markets has announced the addition of the "Global Level Sensing and Measurement Market 2014-2018" report to their offering.
The Global Level Sensing and Measurement market will grow at a CAGR of 6.98 percent over the period 2014-2018.
The increasing demand for ultrasonic level measurement sensors is one of the major drivers. The technology can be used for wireless monitoring, and increased adoption of this technology in the Water Treatment, Mining, Aggregates, Cement, and Plastics industries has led to increasing demand for ultrasonic level measurement sensors.
There has been higher adoption of electronic process level measurement sensors in the market than mechanical process level measurement sensors. Mechanical process level measurement sensors are contact sensors and the measurement is taken when the device is in contact with the media. However, electronic process level measurement sensors use wireless technology and the measurement is taken without any contact with the media. The electronic level sensors that are increasingly used are hydrostatic pressure, vibration, and magnetostrictive sensors. Thus, the increased adoption of electronic process level measurement sensors has led to the growth of the Global Level Sensing and Measurement market.
Further, the report states that the inefficient functioning of level sensors in extreme environmental conditions is one of the major challenges. There are no level sensors that can function in all environmental conditions. Factors such as pollution, corrosion, temperature, salinity, and pressure affect the accuracy, reliability, and life span of the level sensors.
Source: http://www.researchandmarkets.com/