Reports

- Global Locations -

Headquarters

Future Market Insights, Inc.

Christiana Corporate, 200
Continental Drive, Suite 401,
Newark, Delaware - 19713,
United States

T: +1-845-579-5705

Americas

Future Market Insights, Inc.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989, United States

T: +1-347-918-3531

MEA

Future Market Insights

1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates

Europe

Future Market Insights

3rd Floor, 207 Regent Street,
W1B 3HH London
United Kingdom

T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268

Asia Pacific

Future Market Insights

IndiaLand Global Tech Park, Unit UG-1, Behind Grand HighStreet, Phase 1, Hinjawadi, MH, Pune – 411057, India

Optical Liquid Level Sensor Market Outlook

The Optical Liquid Level Sensor market revenue totalled US$ 35.4 Billion in 2022. The Optical Liquid Level Sensor market is expected to reach US$ 66.4 Billion by 2033, growing at a CAGR of 6.0% for 2023 to 2033.

Estimated Year (2023) Market Value

US$ 37.0 Billion

Projected Year (2033) Market Value

US$ 66.4 Billion

CAGR% (2023 to 2033)

6.0%

Top 5 Vendor Market Share

Around 35%

A contact-type optical liquid level sensor with upper free surfaces is used for point-level sensing of organic, corrosive, and aqueous liquids.

The optical liquid level sensor uses the optical reflection principle to detect changes in the transmission of light from an infrared LED and infrared photo detector mounted on a light emitting diode (LED).

Changes in transmission are detected in response to the presence or absence of liquid. For liquids with suspended solids and liquid-liquid interfaces, optical liquid level sensors are utilized. When compared to other liquid sensing technologies, optical level sensors are relatively inexpensive.

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

2018 to 2022 Optical Liquid Level Sensor Market Demand Outlook Compared to 2023 to 2033 Forecast

The Optical Liquid Level Sensor is expected to grow at 6.0% CAGR between 2023 to 2033 and the market grew by 3.1% for 2018 to 2022.

The reason for the growth for the forecast period is that New-Age sensors are evolving at a quick rate and so is their implementation. Technologies like infrared sensors are gaining popularity, so the manufactures also boosting production and research towards new technological advance sensors.

Increasing Demand in Consumer Electronics Products Driving Demand for Optical Liquid Level Sensors

The market for optical sensors is expanding as a result of an increase in consumer electronics production in response to rising global demand. The majority of consumer electronics, including smartphones, tablets, and other portable devices, make use of optical sensors to automatically alter the display backlight. These sensors also support longer battery life.

These sensors also support longer battery life. It can also be used for things like pressure, proximity, touch, temperature, and motion, among other things.

Optical Liquid Level Sensors Are Not Durable in Certain Conditions

The common problem with optical liquid level sensors is that they break down in high-stress situations. Due to extrinsic influences such varying voltage, abrupt temperature changes, and physical damages, the calibration of fluid level monitoring in complicated environments is inaccurate. Meanwhile moisture condensation impairs the detecting accuracy of optical sensors when they are top-mounted, this further restricts their application and lowers the demand for optical liquid level sensors.

Sudip Saha
Sudip Saha

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Regional Analysis

North America had the largest market share for optical liquid level sensor market for the year 2022, with a market share of 24.5% which approximates to about US$ 8.67 Billion. While South Asia and Pacific is expected to be the fastest growing region with a CAGR of 7.6%.

North America has numerous players for optical liquid level sensors, these companies acquire smaller companies to expand their presence and focus on the development of the technology. Having the necessary infrastructure to develop the technology allows the North America market to hold the largest market share globally.

Country wise insights

US has Numerous Manufacturers That Allows It to Be the Largest Market for Optical Liquid Level Sensor

The US market is growing with CAGR of 22.3%, in the optical liquid level sensor market, owing to its numerous vendors that manufacture and supply optical liquid level sensors to the rest of the world in accordance with specifications. Due to these technological advancements, the industrial use of optical liquid level sensors has witnessed a significant increase.

The Growth of Optical Liquid Level Sensor in China is due to the Expansion of Technological Advancements in Optical Liquid Level Sensor Market.

It is anticipated that adoption of new technologies such as the use of infrared light for measuring the level of water will help in the expansion of optical liquid level sensor in China, this country is one of the largest manufacturers and exporters globally, allowing it to grow with the largest CAGR of 29.1% over the forecast period.

Growing Demand for Oil and Liquid Petroleum Gas in India and Is Helping the Growth of Optical Liquid Level Sensor Market

The rising demand for optical liquid level sensors in India is a result of a number of factors, including the integration of cutting-edge automation technology and the rising demand for oil and liquid petroleum gas and increasing adoption in industrial manufacturing, chemicals and food and pharmaceuticals.

These factors allow Indian optical liquid sensor market to advance at a high CAGR of 26.4% over the forecast period.

Get the data you need at a Fraction of the cost

Personalize your report by choosing insights you need
and save 40%!

Category wise Insights

Why does Liquid Level Sensor Hold the Largest Market Share in Digital Sensor Type, for the Liquid Level Sensor Market?

The cost of digital sensors is typically much lower than that of analogue ones. These sensors are renowned for their quick transmission rates and minimal distortion. Because digital sensors don't have the same constraints as analogue sensors, businesses choose to employ them.

Applications including wastewater treatment, water purification, and other industrial processes often use digital sensors. So competitors in sensor industry mainly focusing on digital sensors and holds the largest market share by type.

Why is Food and Beverage and Pharmaceutical a Dominant Application for Liquid Level Sensor Market?

Optical liquid level sensors are widely intended in the pharmaceutical and in the food and beverage industry for measuring, regulating, and controlling production. It is an effective tool that saves f cost and time of food and pharmaceuticals companies which results in faster and accurate production of pharmaceutical and food products.

Due to a much wider production and consumption of the food and beverages across the globe, the food and beverages segment was estimated to have held the largest market share in 2022 of 23.4% by application.

Competitive Landscape

After COVID-19 pandemic large scale companies are dynamically acquiring the small-medium based companies for improving manufacturing and developing the broader range of products related to the liquid and other related sensors.

  • In May 2021, American Relays, Inc., a US-based maker of reed switch-based relays, has been acquired by Standex Electronics, a global manufacturer of electronic components.     
  • In March 2020, TE Connectivity, an international industrial technology company with prominent positions in sensing and connectivity solutions, completed its public takeover of First Sensor AG. In merging First Sensor and TE, TE will be able to offer an even wider product base, including advanced, market-leading sensors, connectors, and systems, plus best-in-class capabilities.

Scope of report

Attribute

Details

Market value in 2022

US$ 35.4 Billion

Market CAGR 2023 to 2033

6.0%

Share of top 5 players

Around 35%

Forecast Period

2023 to 2033

Historical Data Available for

2018 to 2022

Market Analysis

USD Billion for Value

Key Regions Covered

North America, Latin America, Europe, South Asia & Pacific, East Asia and the Middle East & Africa

Key Countries Covered

USA, Canada, Germany, United kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Australia & New Zealand, GCC Countries, Turkey and South Africa

Key Segments Covered

Type, Application and Region

Key Companies Profiled

  • Automation Products Group, Inc.
  • Cynergy3 Components Ltd.
  • Gems Sensors, Inc.
  • OMEGA Engineering Inc.
  • SST Sensing Ltd,
  • Strain Measurement Devices, Inc.
  • Shenzhen EPT Technology
  • SMD Sensors
  • Standex Electronics
  • TE Connectivity

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Optical Liquid Level Sensor by Category

Type:

  • Digital Optical Liquid Level Sensors
  • Analog Optical Liquid Level Sensors

By Application:

  • Chemical and Petrochemical
  • Food and Beverage Systems
  • Pharmaceutical Systems
  • Automotive and Transportation
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa (MEA)

Frequently Asked Questions

Which are some leading companies which offer Optical Liquid Level Sensor?

Some leading companies are Standex Electronics, TE Connectivity, Inc., SMD Sensors, SST Sensing Ltd., etc.

Which region is expected to showcase high growth in optical liquid level sensor demand?

South Asia and Pacific region is expected to showcase the highest growth.

. What are the driving demands for implementing optical liquid level sensor?

The optical liquid level sensor market is expanding due to the additional technological benefits and cost effectiveness of digital optical sensors.

Which Type has the largest market share for the optical liquid level sensor?

Digital optical liquid level sensors has the largest market share for the optical liquid level sensor of 55.5%.

Which Application has the highest CAGR for the optical liquid level sensor?

Pharmaceutical Systems has the highest CAGR for the optical liquid level sensor of 7.8%.

Which are the top five countries for optical liquid level sensor market?

USA, United kingdom, India, China and Japan.

What is the market share and value for the South Asia and Pacific region for the year 2022?

The market share of South Asia and Pacific for the year 2022 is 17.2%.

What are the major trends for the optical liquid level sensor market?

Digital optical liquid level sensors and automotive and transportation are gaining popularity.

Which country has the highest CAGR for the forecast period?

China has the highest CAGR for the forecast period, which is 29.1%.

What was the CAGR for the forecast period 2018-2022 for optical liquid level sensor market?

The CAGR for the forecast period 2018-2022 for optical liquid level sensor was 3.1%.

Which East Asian Country had the largest market share for optical liquid level sensor for the year 2022?

China had the largest market share in East Asia in 2022, for optical liquid level sensor market.

Recommendations

Technology

Automated Optical Inspection System Market

Published : November 2023

Technology

Electro Optical System Market

Published : July 2023

Technology

Optical Sensor Market

Published : June 2023

Technology

Optical Time-Domain Reflectometer Market

Published : December 2022

Explore Technology Insights

View Reports

Optical Liquid Level Sensor Market

Schedule a Call