Fluid Sensors Market Size, Share, Opportunities, And Trends By Product Type (Mechanical Flow Sensor, Thermal Flow Sensor, Level Flow Sensor), By Measurement Technology (Contact, Non Contact), By End-User (Oil And Gas, Chemical, Food And Beverages, Others), And By Geography - Forecasts From 2024 To 2029

  • Published : Feb 2024
  • Report Code : KSI061616624
  • Pages : 144

The fluid sensors market is anticipated to expand at a high CAGR over the forecast period.

Fluid sensors are essential for real-time fluid property data collection, ensuring efficiency, safety, and dependability across sectors by enabling continuous monitoring and manipulation of fluid properties for optimal performance in various industries.

Fluid sensors, including pressure, flow, and quality sensors, are crucial for measuring fluid flow and quality. Pressure sensors convert fluid pressure into electrical output, while flow sensors determine fluid flow rate. Level sensors identify liquid in containers using various methods. Temperature sensors convert thermal changes in fluids into electrical impulses. Quality sensors guarantee the reliability and performance of fluid sensors.

Fluid sensors are critical components in fluid systems, providing useful information for a variety of applications. They improve performance, reduce downtime, safeguard equipment, and assure proper operation. Fluid sensors are constantly improving in accuracy, dependability, and usefulness to suit the growing demands of modern fluid-based systems.

Market Drivers

  • Growing industrial automation is fueling the fluid sensor market growth

The growing utilization of automated technologies in various sectors, including manufacturing, automotive, aerospace, and healthcare, is fueling the need for fluid sensors. These sensors play a crucial role in monitoring and managing fluid processes within automated systems, which ultimately leads to enhanced efficiency, productivity, and cost-effectiveness.

In various industries, there is a range of products that serve different purposes. One such product is the SUP-2100H handheld ultrasonic flowmeter. This device incorporates advanced circuit design and top-notch hardware to accurately detect and compare liquid flow in pipes. It offers a user-friendly interface, easy installation, consistent performance, and impressive durability. Another notable product is the SUP-DC2000 Digital analyzer monitor. Designed to be a versatile water quality controller, it is compatible with Supme's digital sensors for monitoring various parameters including pH, ORP, conductivity, dissolved oxygen, turbidity, and sludge concentration. Both the­se products cater to the specific needs of differe­nt industries.

  • Growing demand healthcare sector is contributing to the fluid sensor market growth

In the field of healthcare, fluid sensors play a crucial role in various medical devices like infusion pumps, patient monitoring systems, diagnostic equipment, and laboratory instruments. The increasing demand for accurate and reliable fluid measurements in healthcare applications is being fueled by the expanding healthcare industry and advancements in medical device technology. 

Products such as Gasboard-8500FS-X200, a product employed in the healthcare industry, encompass Cubic's cutting-edge ultrasonic technology. This 4-in-1 sensor solution efficiently measures flow rate, oxygen concentration, temperature, and humidity. They are specifically designed for medical ventilators. Moreover, this versatile technology finds wide applications in high-flow nasal cannula oxygen therapy ventilation, positive airway pressure ventilation, anesthetic ventilators, and other breath-related medical equipment.

Market Restraints

  • High maintenance requirements of fluid sensors are hampering the market growth

Regular and thorough maintenance is essential for fluid sensors to ensure they function properly and last long. This includes tasks such as cleaning, calibration, and sensor replacement, which may require additional time, effort, and financial resources. It is also crucial to regularly clean the sensors to remove impurities and ensure optimal functioning. Despite these challenges, advancements in sensor technology and signal processing techniques continue to address these issues, leading to improved performance, reliability, and versatility of fluid sensors.

Fluid sensors market is segmented by product type into mechanical flow sensors, thermal flow sensors, and level sensors

The fluid sensors market is categorized based on product type, comprising mechanical flow sensors, thermal flow sensors, and level sensors. Mechanical flow sensors offer versatility with a broad spectrum of applications, making them suitable for a diverse range of liquids and gases across various industries. Thermal flow sensors find applications in pharmaceutical, semiconductor, chemical processing, and medical devices, providing efficient solutions within these specific sectors.

Level sensors play a crucial role in applications such as chemical storage tanks, fuel tanks, food and beverage industries, as well as water treatment plants, contributing to accurate monitoring and control.

Asia Pacific region is anticipated to hold a significant share of the fluid sensor market.

The increasing rate of industrial output in the region's emerging and developed countries, such as China, India, Japan, and South Korea, which are important centers of production for industrial fluid sensors, is boosting market expansion. Furthermore, rapid economic development in Asia, as a result of rising per capita income and the development of industrial infrastructure in both the private and public sectors, has contributed to the high utilization of fluid sensors in the oil and gas, water and wastewater, chemical, food and beverage, automotive, and other sectors in the Asia-Pacific region, propelling the fluid sensors market growth.

Key Developments

  • February 2023 – WT sensor, one of China's top pressure sensor brands, released the PCM266, an input intelligent liquid leveled transmitter. It makes use of a piezoresistive OEM pressure sensor with excellent stability and durability, as well as a high-precision intelligent transmitter processing circuit. It used accurate digital temperature adjustment and non-linear correction technology. It was a high-precision liquid-level measured product.
  • October 2022 – Japanese scientists developed a flexible, thin-filmed microelectromechanical system-based airflow sensor that is used to measure complex, three-dimensional (3D) flowed separation in curved walls for high-speed airflow. The novel sensor had the potential for a wide range of applications in industrial-scale fluid machinery that frequently requires complex flow separation around 3D surfaces.

Company Products

  • WSR200 80G Radar level meter – Supmea's WSR200 80G radar level meter has a large detection range and low beam energy, and it may be mounted in a variety of metal and nonmetal containers or pipes. It is appropriate for situations where dust, water mist, inert gas, and steam are present. The radar level meter is safe for both the human body and the environment, and it is unaffected by the specific gravity of the medium, the change of the dielectric constant, or the need for on-site calibration.
  • ASTM D 1500 – The Kytola OILCOL online oil color analyzer is a low-cost solution for continuous monitoring of ASTM D 1500 oil color value, eliminating the need for expensive laboratory analyses. It allows for quick reaction in the event of rapid oil color changes, avoiding costly damages and unscheduled downtime.

Market Segmentation

  • By Product Type
    • Mechanical Flow Sensor
    • Thermal Flow Sensor
    • Level Flow Sensor
  • By Measurement Technology
    • Contact
    • Non Contact
  • By End-User
    • Oil and Gas
    • Chemical
    • Food and Beverages
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Taiwan
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key benefits to the stakeholder

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Russia-Ukraine War Impact Analysis

5. FLUID SENSORS MARKET BY PRODUCT TYPE

5.1. Introduction

5.2. Mechanical Flow Sensors

5.2.1. Market opportunities and trends

5.2.2. Growth prospects

5.2.3. Geographic lucrativeness 

5.3. Thermal Flow Sensors

5.3.1. Market opportunities and trends

5.3.2. Growth prospects

5.3.3. Geographic lucrativeness 

5.4. Level Flow Sensors

5.4.1. Market opportunities and trends

5.4.2. Growth prospects

5.4.3. Geographic lucrativeness 

6. FLUID SENSORS MARKET BY MEASUREMENT TECHNOLOGY

6.1. Introduction

6.2. Contact

6.2.1. Market opportunities and trends

6.2.2. Growth prospects

6.2.3. Geographic lucrativeness 

6.3. Non-Contact

6.3.1. Market opportunities and trends

6.3.2. Growth prospects

6.3.3. Geographic lucrativeness 

7. FLUID SENSORS MARKET BY END-USER

7.1. Introduction

7.2. Oil and Gas

7.2.1. Market opportunities and trends

7.2.2. Growth prospects

7.2.3. Geographic lucrativeness 

7.3. Chemical

7.3.1. Market opportunities and trends

7.3.2. Growth prospects

7.3.3. Geographic lucrativeness 

7.4. Food and Beverages

7.4.1. Market opportunities and trends

7.4.2. Growth prospects

7.4.3. Geographic lucrativeness 

7.5. Others

7.5.1. Market opportunities and trends

7.5.2. Growth prospects

7.5.3. Geographic lucrativeness 

8. FLUID SENSORS MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Product Type

8.2.2. By Measurement Technology

8.2.3. By End-user

8.2.4. By Country

8.2.4.1. United States

8.2.4.1.1. Market Trends and Opportunities

8.2.4.1.2. Growth Prospects

8.2.4.2. Canada

8.2.4.2.1. Market Trends and Opportunities

8.2.4.2.2. Growth Prospects

8.2.4.3. Mexico

8.2.4.3.1. Market Trends and Opportunities

8.2.4.3.2. Growth Prospects

8.3. South America

8.3.1. By Product Type

8.3.2. By Measurement Technology

8.3.3. By End-user

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.1.1. Market Trends and Opportunities

8.3.4.1.2. Growth Prospects

8.3.4.2. Argentina

8.3.4.2.1. Market Trends and Opportunities

8.3.4.2.2. Growth Prospects

8.3.4.3. Others

8.3.4.3.1. Market Trends and Opportunities

8.3.4.3.2. Growth Prospects

8.4. Europe

8.4.1. By Product Type

8.4.2. By Measurement Technology

8.4.3. By End-user

8.4.4. By Country

8.4.4.1. Germany

8.4.4.1.1. Market Trends and Opportunities

8.4.4.1.2. Growth Prospects

8.4.4.2. France

8.4.4.2.1. Market Trends and Opportunities

8.4.4.2.2. Growth Prospects

8.4.4.3. United Kingdom

8.4.4.3.1. Market Trends and Opportunities

8.4.4.3.2. Growth Prospects

8.4.4.4. Spain

8.4.4.4.1. Market Trends and Opportunities

8.4.4.4.2. Growth Prospects

8.4.4.5. Others

8.4.4.5.1. Market Trends and Opportunities

8.4.4.5.2. Growth Prospects

8.5. Middle East and Africa

8.5.1. By Product Type

8.5.2. By Measurement Technology

8.5.3. By End-user

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.1.1. Market Trends and Opportunities

8.5.4.1.2. Growth Prospects

8.5.4.2. UAE

8.5.4.2.1. Market Trends and Opportunities

8.5.4.2.2. Growth Prospects

8.5.4.3. Israel

8.5.4.3.1. Market Trends and Opportunities

8.5.4.3.2. Growth Prospects  

8.5.4.4. Others

8.5.4.4.1. Market Trends and Opportunities

8.5.4.4.2. Growth Prospects

8.6. Asia Pacific

8.6.1. By Product Type

8.6.2. By Measurement Technology

8.6.3. By End-user

8.6.4. By Country

8.6.5. China

8.6.5.1. Market Trends and Opportunities

8.6.5.2. Growth Prospects

8.6.6. Japan

8.6.6.1. Market Trends and Opportunities

8.6.6.2. Growth Prospects

8.6.7. India

8.6.7.1.1. Market Trends and Opportunities

8.6.7.1.2. Growth Prospects

8.6.8. South Korea

8.6.8.1.1. Market Trends and Opportunities

8.6.8.1.2. Growth Prospects

8.6.9. Indonesia

8.6.9.1.1. Market Trends and Opportunities

8.6.9.1.2. Growth Prospects

8.6.10. Taiwan

8.6.10.1.1. Market Trends and Opportunities

8.6.10.1.2. Growth Prospects

8.6.11. Others

8.6.11.1. Market Trends and Opportunities

8.6.11.2. Growth Prospects

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisition, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Hans Turck GmbH & Co.

10.2. Autosen Gmbh

10.3. SMD Fluid Controls

10.4. Sensata Technologies, Inc.

10.5. Sick Sensors Intelligence

10.6. Panasonic

10.7. Methode Sensor Technologies

10.8. Supmea Automation

10.9. Keyence Corporation

10.10. Kytola Instruments Oy


Hans Turck GmbH & Co.

Autosen Gmbh

SMD Fluid Controls

Sensata Technologies, Inc.

Sick Sensors Intelligence

Panasonic

Methode Sensor Technologies

Supmea Automation

Keyence Corporation

Kytola Instruments Oy