Published by
Newstrail
Newstrail
According to the latest report by IMARC Group, titled “Level Sensor Market :Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,”The global level sensor market value of US$ 4.5 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 5.3% during 2021-2026. Level sensors are devices used to monitor, determine and maintain the level of liquids or other substances flowing in a closed or open system. Some commonly used sensors include ultrasonic, optical, capacitance, and microwave level sensors. They detect the liquid levels, convert the pe…