Optical level sensors find applications in various industry verticals, such as military, industrial applications, and automotive. The growing disposable incomes of the Asian population, the growth of the automotive sector, and the growing demand from the industrial applications sector are expected to drive the growth of the Asian optical level sensor market in the coming years.
The Asian optical level sensor market was valued at $7.6 million in 2013, and is expected to reach $23.8 million by 2018, at a CAGR of 25.6% from 2013 to 2018. The Asian market is currently witnessing a prosperous growth curve in terms of consumption of level sensors for various applications; this can be attributed to the growth of the region as a major hub for refineries, metals & mining, and chemical & petrochemical processing plants. The growth in this market is also due to the lower cost of operations, cheaper land, and large population. The main countries contributing towards the Asian optical level sensor market are China, Japan, and India. China dominates the market due to its continuously booming economy as a result of high growth in its industries, such as mining, automotive, food & beverages, power generation, pulp & paper, and plastics & chemicals.
The Asian optical level sensor market is segmented into two major segments on the basis of component and application. The market has been segmented based on components into capacitor, electromechanical switch, piezoelectric devices, and resistor. On the basis of application, the market has been segmented into automotive, computing, consumer electronics, industrial manufacturing, medical, and military.
The report presents the revenue forecasts and analyses the trends in the market. Moreover, the report also provides an in-depth analysis of the value chain of the Asian optical level sensor market. It also focuses on the parent markets and the sub-markets of this industry and thus, identifies the total potential of the Asian optical level sensor market. Furthermore, this report gives a detailed description of the drivers, restraints, opportunities, and burning issues of the Asian optical level sensor market. The competitive and market analyses are also presented in the report.
1. HISTORICAL DATA FOR 5 YEARS
- Macro Indicator Data
- M&A Data
2. PRODUCT ANALYSIS
- Usage pattern (in-depth trend analysis) of products (segment-wise)
- Product matrix, which gives a detailed comparison of product portfolio of each company mapped at country and sub-segment levels
- End-user adoption rate analysis of the products (segment-wise and country-wise)
- Comprehensive coverage of product approvals, pipeline products, and product recalls
3. COMPONENTS DATA
- Country-specific data of components, such as capacitor, electromechanical switch, piezoelectric devices, and resistor
- Premium insights of components
4. COMPARATIVE ANALYSIS
- Market data of the top companies in the Asian market
- Key developments of the top companies in the market
5. TRENDS/MARKET ENVIRONMENT
- Product and technological advancements/latest innovation and development
- Demand & supply analysis
- Market consolidation (M&A, joint ventures, divestment, and spin-off)
6. COUNTRY LEVEL DATA ANALYSIS
- Country level data for the top countries in the Asian market
- Country-specific data showing opportunities in the market
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