Vibration Level Switch Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Type (Vibrating Fork Level Switch, Vibrating Rod Level Switch), By Industry Vertical (Chemical, Healthcare, Oil & Gas, Metallurgy, Energy & Power, Food & Beverage, Others) And Geography - Forecasts From 2019 To 2024

  • Published : May 2021
  • Report Code : KSI061611819
  • Pages : 129

The vibration level switch market is projected to grow at a CAGR of 5.94% to reach US$812.055 million by 2024, from US$574.415 million in 2018. Vibration level switch is used for detecting the level of power and granulated materials in different liquid and solid applications. The demand for vibration level switch is projected to rise rapidly on account of growing investment in various end-user industries. Moreover, the benefits offered by vibration level switch over alternate sensing technologies such as low maintenance cost, high durability, and its ability to be unaffected by dust clouds and agitation among others is further supplementing the growth of the market. This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the vibration level switch value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the vibration level switch market.

Major industry players profiled as part of the report are Siemens AG, ABB, Emerson Electric, and Endress+hauser Management AG among others.  

Vibration Level Switch Market Scope:

Report Metric Details
 Market size value in 2018  US$574.415 million
 Market size value in 2024  US$812.055 million
 Growth Rate  CAGR of 5.94% from 2018 to 2024
 Base year  2018
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Million
 Segments covered  Type, Industry Vertical, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Siemens AG, Emerson Electric, ABB, Magnetrol International Incorporated, Ametek, Inc., Endress+Hauser Management AG, Pepperl+Fuchs, Bürkert, KROHNE Messtechnik GmbH, VEGA Grieshaber KG
 Customization scope  Free report customization with purchase

 

Segmentation

The vibration level switch market has been analyzed through the following segments:

By Type

Vibrating Fork Level switch

Vibrating Rod Level Switch

 

By Industry Vertical

Chemical

Healthcare

Oil & Gas

Metallurgy

Energy & Power

Food & Beverage

Others

 

By Geography

North America

South America

Europe

Middle East and Africa

Asia Pacific


Frequently Asked Questions (FAQs)

Q1. What will be the vibration level switch market size by 2024?
A1. The vibration level switch market is projected to reach a total market size of US$812.055 million by 2024.
 
Q2. What are the growth prospects for vibration level switch market?
A2. The global vibration level switch market is projected to grow at a CAGR of 5.94% during the forecast period.
 
Q3. What is the size of global vibration level switch market?
A3. Vibration Level Switch market was valued at US$574.415 million for the year 2018.
 
Q4. Who are the major players in the vibration level switch market?
A4. Major industry players profiled as part of the report are Siemens AG, ABB, Emerson Electric, and Endress+hauser Management AG among others.  
 
Q5. What factors are anticipated to drive the vibration level switch market growth?
A5. The demand for vibration level switch is projected to rise rapidly on account of growing investment in various end-user industries. 

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY  
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. VIBRATION LEVEL SWITCH MARKET BY TYPE
5.1. Vibrating Fork Level switch
5.2. Vibrating Rod Level Switch
6. VIBRATION LEVEL SWITCH MARKET BY INDUSTRY VERTICAL
6.1. Chemical
6.2. Healthcare
6.3. Oil & Gas
6.4. Metallurgy
6.5. Energy & Power
6.6. Food & Beverage
6.7. Others
7. VIBRATION LEVEL SWITCH MARKET BY GEOGRAPHY
7.1. North America
7.2. South America
7.3. Europe
7.4. Middle East and Africa
7.5. Asia Pacific
8. COMPETITIVE INTELLIGENCE
8.1. Competition and Offerings Analysis of Key Vendors
8.2.  Recent Investment and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Siemens AG
9.2. Emerson Electric
9.3.  ABB
9.4.  Magnetrol International Incorporated
9.5.  Ametek, Inc.
9.6. Endress+Hauser Management AG
9.7. Pepperl+Fuchs
9.8. Bürkert
9.9. KROHNE Messtechnik GmbH
9.10. VEGA Grieshaber KG
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER

Siemens AG

Emerson Electric

ABB

Magnetrol International Incorporated

Ametek, Inc.

Endress+Hauser Management AG

Pepperl+Fuchs

Bürkert

KROHNE Messtechnik GmbH

VEGA Grieshaber KG