Optical level sensors are widely used in night vision cameras and biometric systems, thereby resulting in an increased demand for these sensors from the military and security systems sectors. Optical level sensors are used for point level sensing of sediments, liquids with suspended solids, and liquid-liquid interfaces. The growing applications in the important application verticals in the Latin American region is expected to be the main factor driving the growth of the Latin American optical level sensor market.
The Latin American optical level sensor market was valued at $3.1 million in 2013, and is expected to reach $8.3 million by 2018, at a CAGR of 21.8% from 2013 to 2018. Latin America is expected to be a potential market for level sensors in the coming years. The expansion of the market in this region can be attributed to the technological advancements in level sensing technologies, along with the growing applications of these sensors in the military and security systems segments. Level measurement is a very basic process used across several industrial segments; technological developments in the past decade have led to a considerable reduction in the size of level sensors, thereby propelling the growth of the optical level sensor market in Latin America. The major countries contributing towards the Latin American optical level sensor market are Brazil and Argentina.
The Latin American optical level sensor market is segmented into two major segments on the basis of components and applications. The market has been segmented based on components into capacitor, electromechanical switch, piezoelectric devices, and resistor. On the basis of application, the market is 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 looks into the whole value chain of the Latin American 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 optical level sensor market in this region. This report gives a detailed description of the drivers, restraints, opportunities, and burning issues of the Latin American 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 level
- 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 Latin American 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 top countries
- Country-specific data showing opportunities in different regions
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