The Global Level Sensor market is mainly driven by Government regulations, Gradual reduction in size, and Vehicle production worldwide. The Global Level Sensor market is expected to grow from $2630 million in 2012 to $4084 million in 2018, at an estimated CAGR of 7.8% from 2012 to 2018. In Europe region, Italy level sensor market is expected to reach from $112 million in 2011 to $140 million in 2018, at an estimated CAGR of 3.9% from 2013 to 2017.
The report “Italy level sensor, 2013-2018 “analyzes the market of level sensor by 11 major Technologies, namely magnetostrictive, vibratory probe, hydrostatic, magnetic float, pneumatic, others (contact), ultrasonic, microwave/Radar, optical, laser, and others (noncontact). Magnetic Float dominates the technologies market of level sensor in Italy with highest revenue. Magnetostrictive is the second largest market by technology in Italy.
This study has divided the market of Europe into four main countries; namely Germany, France, U.K., and Italy. Main industries of Italy include chemicals, power generation, automotive, food and beverages, petrochemical and related activities. The important end users of level sensor i.e. petrochemicals and related activities, chemicals, and automotive have been facing a downturn in Italy. Adding on to the cyclical downturn and the recent global recession, chemical companies in Italy are facing an ongoing rise of new competition. Currently, the average growth of chemical industry in Italy is not more than 2%. On the other hand, the implementation of the IPPC Directive in Italy and its level on various industries such as food and beverage, pharmaceuticals, pulp and paper and semiconductors to clean up their wastewater has ensured the growth of waste water treatment device market during the forecast period, which would result in growth of level sensors’ revenue.
The report also provides an extensive competitive landscaping of companies operating in this market. Segment and country specific Company shares, News & Deals, M&A, segment specific pipeline products, product approvals and product recalls of the major companies have been detailed.
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