The global microwave level sensor market is expected to grow from USD 662.4 million in 2015 to USD 1,237.4 million by 2022, at a CAGR of 8.9% between 2016 and 2022.
There is a need for accuracy in various process industries, such as chemicals & petrochemical, food & beverages, gasoline, paint, pharmaceutical, ceramics, metals & mining, pulp & paper, and biotechnology industries. This has increased the demand for microwave level sensors owing to their accurate measuring capacity despite various barriers. For instance, microwave level sensors can be used in chemical plants to measure viscous materials, despite the vapor, heat, and false reflections.
The industrial application segment was the largest segment of the microwave level sensor market in 2015. The main reason for the growth in this segment is the increasing demand of microwave level sensors from process industries, such as chemicals & petrochemical, food & beverages, gasoline, paint, pharmaceutical, ceramics, metals & mining, pulp & paper, and biotechnology industries
The microwave level sensor market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period. The Asia-Pacific market is currently on a prosperous growth curve in terms of consumption of microwave level sensors in various end-use industries, such as food & beverage, chemicals, and semiconductors.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Market Overview
5 Global Microwave Level Sensor Market, By Technology
6 Global Microwave Level Sensor Market, By Monitoring Type
7 Global Microwave Level Sensor Market, By Application
8 Global Microwave Level Sensor Market, By Geography
9 Global Microwave Level Sensor Market: Competitive Landscape
10 Global Microwave Level Sensor Market, By Company
- Abb Ltd.
- Ametek Inc.
- Emerson Electric Co.
- Endress+Hauser Ag
- Krohne Messtechnik Gmbh
- Madison Company, Inc.
- Magnetrol International, Incorporated
- Omega Engineering Inc.
- Siemens Ag
- Vega Greshaber Kg
For more information visit http://www.researchandmarkets.com/research/pwdbd9/global_microwave
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SOURCE Research and Markets