Vibration Level Switch Market Forecast(2021 - 2026)
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• The global Vibration Level Switch Market size is forecasted to reach $1040.9 million by 2026, growing at CAGR 6.9% during the forecast period 2021-2026. • The increasing adoption of piezoelectricity driven vibration level switches in industries such as Oil & Gas, Chemicals, Water & Wastewater, Food& Beverages and Pharmaceuticals, owing to government rules to promote industrial safety, is set to be one of the major driver for the growth of the market during the forecast period 2021-2026. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways • Vibrating Fork is anticipated to grow with the highest CAGR of 7.5% in the global Vibration Level Switch Market during the forecast period 2021-2026, owing to its benefits such as reliability and accuracy. • Chemical Industry is analyzed to hold highest share at CAGR of 8.2% during the forecast period 2021-2026, owing to a rise in government investment for the development of domestic chemical plants. • APAC dominated the Vibration Level Switch Market in 2020 with a share in excess of 33%, owing to growing use of switches in chemical industry.
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By Distribution Channel- Segment Analysis Based on type segmentation, Vibrating Fork is analyzed to grow with the highest CAGR of around 7.5% in the global Vibration Level Switch Market during the forecast period 2021-2026. Vibrating Fork Level Switches are basically low maintenance device, based on tuning fork principle that offers point level detection for alarm, monitoring, and control. Vibrating fork switches provide accurate & reliable measurements and are ideal for overfill prevention and pump protection applications. In January 2020 - Endress+Hauser AG launched Liquiphant FTL51B and FTL41 vibrating fork level instruments. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Vibration Level Switch Market Industry Outlook • • • • • • • • • •
ABB Ltd Siemens AG Magnetrol International Endress+Hauser Emerson Electric Co AMETEK Inc Flowline Inc Dwyer Instruments Inc FineTek Co Ltd Bürkert Fluid Control Systems
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Vibration Level Switch Market - Forecast(2021 - 2026)\ Learn More About the Report
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