industry

Technology Developments to Drive Growth in the Global Level Sensors Market, According to New Report by Global Industry Analysts, Inc.

Posted on by admin

San Jose, California (PRWEB) July 24, 2014

Follow us on LinkedIn Level measurement represents a critical process in industries where fluids and fluidized-solids are handled. Chemical, petroleum refineries, petrochemical, and food and beverage industries among others, routinely perform level measurement in order to ensure reliability of manufacturing processes. Level sensors in this regard, help detect level of different fluids (including those in production or those produced as end-product) to prevent overflows. Besides process industries, level sensors are also used extensively in water and wastewater management where they find applications in measuring drinking water, sewage, raw water, brackish water, industrial effluent, and sea water desalination.

Demand for level sensors is primarily reliant on the health of industrial processing and manufacturing industry. Rising focus on water conservation and recycling and subsequent rise in water & wastewater management projects, and growing power sector investments are driving demand for level sensors. While growing demand for petroleum products fuels demand for level sensors in petroleum refineries, steady consumption of a range of chemicals and their increased production drives use of level sensors in the chemical industry. Increasing application of level sensors in the oil and gas industry for identification of leak detection and fuel loss, measuring cooling water flow level, hydraulic fluid flow level and process gas flow level, and measuring discharged water level for environmental compliance, is also benefiting market growth. Stringent regulations such as Wastewater Systems Effluent Regulations and Clean Water Act in Europe and the United States are fueling growth in the market. Technology developments and product enhancements that help expand application possibilities will spur opportunities for growth in the coming years. Sensor manufacturers are increasingly focusing on the development of new, miniature, electronic level sensors, featuring low power consumption and ease-of-use as primary benefits.

As stated by the new market research report on Level Sensors, Europe and the United States represent the largest regional markets worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 8.3% over the analysis period. Steady economic development, robust industrial growth, strong manufacturing, construction, mining, and energy generation activities, automation of industrial processes, and increased use of production line equipment in countries such as Korea, Singapore, India, and China, represent key growth drivers in the region. Ultrasonic Level Sensors represent the largest product market, with growth supported by increased preference for non-contact level sensors. Radar/Microwave Level sensors represent the fastest growing product market fueled by product improvements in accuracy, ease of installation, low maintenance, and suitability for use in harsh environment.

Key players covered in the report include ABB Ltd., AMETEK Inc., Ametek Drexelbrook, ANDERSON-NEGELE, Emerson Electric Co., Endress+Hauser Consult AG, General Electric Company, Gems Sensors & Controls, GF Piping Systems, Hans TURCK GmbH Co. KG, Hella KGaA Hueck & Co., Honeywell International, Inc., Kobold Messring GmbH, Kobold Instruments Inc., Krohne Messtechnik GmbH & Co. KG, Magnetrol International Inc., Measurement Specialties Inc., Pepperl + Fuchs GmbH, Siemens AG, and SSI Technologies Inc. among others.

The research report titled, Level Sensors: A Global Strategic Business Report, announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, product innovations and launches, and strategic industry activities of major companies worldwide. The report provides market estimates and projections in US dollars for all major geographic markets, including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, South Korea, and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World. Product segments analyzed in the report include Magnetostrictive, Tuning Fork, Hydrostatic, Capacitance, Conductivity, Ultrasonic, Radar-Microwave and Others (Includes Optical Interface Point Level Sensors, Laser Level Transmitters, Nuclear Level Sensors, Tape Float, High Flow Rate Sensors, Float-Type Sensors, Resistance Tapes, Rotating Paddle Level Sensors, Pneumatic Level Sensors, Resistive Chain Level Sensors, Submersible Waste Water Level Sensors, Semi-Flexible Sensors, Tank Level Sensors, Oil Sensors, Magnetic & Mechanical Float Level Sensors, Capacitive Level Sensors, and Flow-Thru Style Sensors among Others.).

For more details about this comprehensive market research report, please visit

http://www.strategyr.com/Level_Sensors_Market_Report.asp

About Global Industry Analysts, Inc.:

Global Industry Analysts, Inc. (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends, while monitoring more than 126,000 companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/







More Chain Of Title Press Releases

Share on Tumblr
Share on Myspace Share

Q&A: What will financial form mean for the mortgage analytics industry?

Posted on by admin

Question by : What will financial form mean for the mortgage analytics industry?

Best answer:

Answer by Jim
According to mortgage analytics firm Heitman Analytics…who knows? But it’s fun to read up on others’ projections. Read the full post at http://blog.heitmananalytics.com.

Finance forecasts and projections abound with financial reform now right around the corner. It’s all white noise, of course, until the chips begin to fall. But one thing is for sure: it’s bound to shake up the way we all approach mortgage analytics. And this industry has certainly seen its share of changes in the last couple years. But while we’re not putting too much stock in all the prognoses circulating the web, we do think it’s important to stay tuned in. Here are a couple we’ve been paying attention to lately…

…and The Huffington Post has these thoughts about how the impending bill will impact the mortgage industry in particular:

The Bill is Jet Fuel for Concentration of Mortgage Risk: One of the likely outcomes of the bill is that the largest financial institutions will increase their already bloated share of the mortgage market. Five banks today control in excess of 65% of the mortgage market — the financial bill will accelerate this trend by favoring banks over independent lenders. This was a deliberate decision pushed by Chairman Frank and the administration on the theory that large banks were easier to regulate than myriad independent lenders. Thus risk retention requirements, compensation rules, and licensing standards are all tilted toward large banks. The result is that the big will get bigger — and the level of mortgage risk will concentrate further — though the administration argues that more competent regulators and safer mortgage products alleviate the concern about “too bigger to fail”.

Indefinite and Increased Government Support for Mortgage Market: The bill further increases the dependence of the mortgage and housing market on federal support. Private capital is already scarce in housing — over 95% of mortgages today are guaranteed directly or indirectly by FHA and other government agencies. Private securitizations will be helped by new rules that create transparency and requirements that rating agencies do their homework before rating a mortgage security. But other parts of the bill impose new liability on securitizers for the underlying mortgages originated by third parties, and requirements to retain capital when transferring risk. The full contours of these rules won’t be issued by regulators for 2-3 years — extending a period of uncertainty that has dissuaded private investors from restarting the flow of mortgage capital. Meanwhile, the federal footprint in mortgages will become deeper and deeper in order to keep the housing market from the dreaded double dip — and making the unwinding of federal intervention that much more difficult.

A Smaller Mortgage Market With Fewer Qualified Borrowers: The new law places significant hurdles to offering any mortgage products outside the “plain vanilla” category. Regulators must define what is inside or outside the plain-vanilla box. Clearly, firm regulation of mortgage products is necessary in light of the subprime meltdown. But exactly where regulators draw the line will have a substantial impact on what kind of mortgages are available and which borrowers will qualify for a mortgage. Already we have seen that non-traditional borrowers have virtually fallen out of the home-buying market, other than thru government guaranteed FHA loans. Last year, rejection rates for African American and Latino borrowers skyrocketed for non-FHA loans. Will new mortgage standards be flexible enough to allow for reasonable credit risk determinations — or will plain vanilla mortgages mean plain vanilla homeowners?

Know better? Leave your own answer in the comments!

Share on Tumblr
Share on Myspace Share