The global vibration level switch marketis estimated to reach USD 605.5 million by 2018 and USD 833.8 million by 2023,
growing at a CAGR of 6.6% during that period Benefits over other point level
measurement technologies, growing demand in pharmaceuticals and food &
beverages industries, and emphasis on safety of overfill protection systems are
some of the key factors driving the growth of the vibration level switch
market. The major restraint for the market is impaired performance of vibration
level switches in certain media and the requirement of diversified
certifications for end markets is a key challenge. However, possibilities with
newer wireless vibration level switch designs and industrial growth in emerging
economies present ample growth opportunities to the market.
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Vibrating fork level switch is estimated to hold the largestshare of the overall vibration level switch market in 2018
Vibrating fork level switches are estimated to hold thelargest market size, in terms of value, in 2018. Vibration level switches are used
for measuring liquids and solids levels in critical level monitoring and
control applications. Oil & gas and chemicals industries are highly
dependent on proper level control to ensure safety and efficiency. Level
measurement instruments required in these industries must operate in hazardous
environments; vibrating fork switches are a suitable option here as they can
safely, reliably, and accurately perform under such hazardous conditions.
Moreover, vibrating fork switches are gaining popularity in food &
beverages and pharmaceuticals industries as an easy-to-use and low-maintenance
level measurement solution.
Liquids applications expected to dominate the vibrationlevel switch market from 2018 to 2023
Liquids applications are likely to dominate the vibrationlevel switch market in 2018. Oil & gas and chemicals industries handle
fluids that are potentially hazardous, and require robust overfill prevention
systems to protect people and the environment. Vibration level switches are
suitable for point level detection of hazardous fluids in process tanks,
containers, and pipelines. Moreover, the performance of vibration level
switches is unaffected by flow, turbulence, bubbles, foam, vibration, and
build-up. These switches are most suitable for point level detection of liquids
in safety-critical applications such as overfill prevention, retention dike
level alarms, and seal pot low level indication.
Food & Beverages industry to dominate the vibrationlevel switch market from 2018 to 2023
The food & beverages industry is the key end user ofvibration level switches. In this industry, point level measurement of liquids
and bulk solids are often done in tanks, silos, and containers. Ensuring
optimum media levels is a critical task that should be performed with reliable
and accurate instruments. Moreover, the quality and consistency is important in
the food & beverages industry, which needs accurate and reliable level
monitoring equipment. Point level measurement instruments operating in the food
& beverages industry must comply with safety and hygiene regulations.
Vibration level switches offer reliable point level measurement of liquids and
bulk solids, under hygienic process conditions.
Demand from Europe is expected to dominate the globalvibration level switch market in 2018. Europe has already defined functional
safety standards as per which it is mandatory for manufacturers to comply with
functional safety standards, such as IEC 61508. The increasing adoption of
automation in process industries in Europe is creating a greater need for their
functional safety. The implementation of various functional safety directives
and industrial process and machine safety regulations in the region are driving
the demand for vibration level switches. Growth in European food &
beverages and pharmaceuticals industries also offer significant opportunities
for the growth of the vibration level switch market.
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The vibration level switch market was dominated by keyplayers such as Endress+Hauser (Switzerland), Emerson Electric (US), VEGA
Grieshaber (Germany), KROHNE (Germany), and Siemens (Germany).
