Future Market Insights has announced the addition of the “Optical Liquid Level Sensor Market: Global Industry Analysis and Opportunity Assessment 2015-2025" report to their offering.
Valley Cottage, NY -- (SBWIRE) -- 05/02/2016 -- Optical liquid level sensor is a contact-type sensor used for point level sensing of organic, corrosive and aqueous liquids that exhibits upper free surfaces. Optical liquid level sensor works on principle of optical reflection and detects change in transmission of light emitted from light emitting diode (LED) mounted on infrared LED and infrared photo detector. Based on the presence or absence of liquid, change in transmission is sensed. Optical liquid level sensors are used to detect level of liquid-liquid interfaces and liquids with suspended solids. Optical liquid level sensors are comparatively Inexpensive as compared to other liquid sensing technologies. Optical sensors can work only with in clean translucent to transparent liquids. Optical liquid level sensors finds applications in Medical Laboratory, petrochemicals, Hydraulic Reservoirs, beverage systems etc. Depending upon applications, optical liquid level sensors with different specifications in terms of operating temperature range, supply voltage range, current consumption, data rates etc. are used.
Global Optical Liquid level Sensor market Segmentation
Globally, Optical Liquid level Sensor market is segmented on the basis of applications and geography. Optical Liquid level Sensor has various applications in consumer sector, Oil & liquefied petroleum gas (LPG), Automotive & Transportation, Military, defence a& aerospace, Power & Manufacturing, Healthcare, chemicals, industrial usage and others.
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Global Optical Liquid level Sensor market: Region-wise Outlook
Globally, The Optical Liquid level Sensor market is segmented on the basis of geography into seven regions ? North America, Latin America, Eastern Europe, Western Europe, Japan, Asia-Pacific and Middle East & Africa. The global Optical Liquid level Sensor market is expected to reflect a single digit CAGR over the forecast period. The market for optical liquid level sensors is quite niche and expected to gain more market due to its increasing applications for industrial use. At present, share contribution of North America is the highest in global Optical Liquid level Sensor market. Asia-Pacific region is expected to show dramatic adoption of Optical Liquid level Sensor for various applications in upcoming decade. Market in Latin America and Middle East & Africa are expected to show comparatively slow penetration.
Global Optical Liquid level Sensor market: Drivers
The prominent factors which drives the global optical liquid level sensor market are technological advancements in optical liquid level sensors and increasing implantation of optical liquid sensors in industrial applications. Optical liquid level sensors offers numerous advantages as compared to other liquid level sensors. Optical liquid level sensors are compact and easy to maintain. They are generally unaffected by vapours, even at High Concentrations and have no moving parts.
On other hand, optical liquid levels sensors offers fixed level detection and its limited ON/OFF functionalities, limits its use in protecting from dry runs and overflows.
Tremendous opportunities lies in developing end user specific optical liquid level sensor component, modules and system solutions.
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Global Optical Liquid level Sensor market: Key Players
The Optical Liquid level Sensor market is highly competitive market, characterised by active presence of many big players. Honeywell International, Inc. (US), Siemens AG (Germany), Gems Sensors & Control Co. (US), OMEGA Engineering Inc. (US), and SST Sensing Ltd (UK) etc. among others are some of the top players in global Optical Liquid level Sensor market. Players in Optical Liquid level Sensor market are heavily investing on research and development followed by strategic collaborations with other players. The players in global optical liquid level sensor market are directing efforts to integrate optical liquid level sensor with communication system. For instance, Honeywell offers fiber optic sensors with Serial Real-time Communication System (SERCOS) liquid level sensors. Fully customized products which meet harsh environment demands are expected to drive the demand for optical liquid level sensors for wide range of emerging applications.