By 2025, The Liquid Level Sensor Market Is Worth USD 5.9 Billion

- Sep 12, 2019-

The global level sensor industry is valued at approximately $3.58 billion in 2016 and is expected to grow at a healthy growth rate of over 5.70% during the 2017-2025 forecast period. The continued growth of Industrial Internet of Things (IIoT) and Industry 4.0, the growing popularity of level sensors in medical end-use applications, and industry-supported government regulations have driven key factors driving growth in the industry. In addition, the growth of automotive production and the development of smaller, smarter and cheaper sensors will drive the development of the liquid level sensor industry.