Vibration Level Switch Market - Forecast(2024 - 2030)

Vibration Level Switch Market Overview

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. Moreover, advantages such as easy installation, commissioning without medium and reliable point level measurement, acts as another factor for the increasing demand for vibration level switches. Furthermore, technological advancements like development of smart vibration level switches will further fuel the Vibration Level Switch market in long run.

Vibration Level Switch Market Report Coverage

The report based on: “Vibration Level Switch Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Vibration Level Switch Market industry outlook.

By Type: Vibrating Rod, Vibrating Fork/ tuning fork level transmitter.
By Media: Solid (Granulated Bulk Solid, Powdery & Fine Grained Bulk Solid), Liquid, Semi Solid (Sludge)
By Industry: Oil & Gas, Chemicals, Water & Wastewater, Food & Beverages, Pharmaceuticals, Power Generation, Metals & Mining, Cement, Plastic, Packaging.
By Geography: North America (USA, Canada and Mexico); Europe (U.K., Germany, Italy, France & Rest of Europe); APAC (China, Japan, South Korea, India, Australia & Rest of APAC); South America (Brazil, Argentina & Rest of South America); RoW (Middle East & Africa)

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.
• Increasing adoption of vibration level of vibration level switches in pharmaceutical industry is set to be one of the major factors analyzed to drive the market forward.

Global Vibration Level Switch Market Value Share, By Geography, 2020 (%)

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Vibration Level Switch Market Segment Analysis- By Type

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. The product is designed with features such as IIoT and Industry 4.0 capabilities such wireless Bluetooth technology and can be used in containers, pipes and storage tanks for point level detection of all varieties of liquids.

Vibration Level Switch Market Segment Analysis- By Industry

Based on industry segmentation, Chemical industry is analyzed to grow with the highest CAGR of around 8.2% in the global Vibration Level Switch Market during the forecast period 2021-2026, owing to the growing demand for instrumentation. The chemical industry has been increasing the use of vibration level switch market to maintain level control system for ensuring safety and efficiency. In Chemical industries, Safety instrumented systems (SIS) are implemented to maintain the safety of the chemical plant. Additionally, the establishment of chemical plants will create opportunities for the growth of the Vibration level switch market. In January 2021, Ultramarine & pigments have successfully commissioned the Sulphonation plant setup in Nellore, Andhra Pradesh, India, to manufacture surfactants and specialty chemicals, thereby increases the adoption of Vibration level switches to ensure safety. Furthermore, government investment in the development of the chemical industry will create opportunities for the growth of the market. In February 2021, the Government of India announced the Union Budget 2021-22, under which the government allocated US$ 32.2 million to the Department of Chemicals and Petrochemicals to launch a production linked incentive (PLI) scheme to boost domestic chemical manufacturing and exports. Such investments can further influence the market growth of Vibration level switches in the long run.

Vibration Level Switch Market Segment Analysis- By Geography

APAC held the highest Vibration level switches Market share of around 33% in the global Vibration level switches market in 2020 and is further set to grow at a significant rate during the forecast period 2021-2026, owing to the surge in use of vibration level switches in chemical and pharmaceutical industries, followed by North America and Europe. The factors such as increasing manufacturing activities, rapid industrialization and increasing penetration of digitalization in the industries like chemical, power generation, wastewater & pharmaceuticals have been contributing to the market growth across the APAC region in long run. Moreover, government investment in power generation to meet electricity demand will create opportunities for the growth of the Vibration Level Switches market. In July 2021, NTPC, India’s largest power company, decided to invest $0.034 Trillion on renewable power generation to reduce coal based power plants by 2032, thereby will increase the adoption of vibration level switches among power plants. Furthermore, growing government rules and regulations to promote industrial safety leads to the adoption of vibration level switches. For instance, in August 2020, Indian Draft Chemicals (Management and Safety) Rules i.e. known as "India REACH” was published. The rules provide notification, registration and prohibitions as well as labeling and packaging of substances, substances in Mixtures, substances in Articles and Intermediates to be used in India and introduce REACH-like registration compulsory to certain >=1t/y priority substances. Such investments and rules can further influence the market growth of vibration level switches in the long run.

Vibration Level Switch Market Drivers

Increasing adoption of Vibration level switches in pharmaceutical industry

The growing adoption of vibration level switches in the pharmaceutical industry is set to be one of the major factors analyzed to drive the market forward during the forecast period 2021-2026. In pharmaceutical industry, Vibration Level Switches offers high level of performance and reliability in drug manufacturing. In November 2019, VEGA Grieshaber introduced new VEGAPOINT capacitive level switches for measuring liquids and light bulk solids in food and pharmaceutical industries. Furthermore, expansion projects of pharmaceutical companies will create opportunities for the growth of the Vibration Level Switches market. In May 2021, Granules India, a drug firm, decided to invest $139 Million over the next three financial years on expansion of drug production capacities at existing plants in Hyderabad, India, thus will increase the adoption of vibration level switches to ensure accurate measurements. Such expansions can influence the market growth of Vibration Level Switches in the long run.

Technological advancement like development of smart vibration level switches is set to be one of the factors that can drive the market forward

Development of smart vibration level switches is set to be one of the factors that can drive the market forward during the forecast period. Smart vibration level switches have e-Smart features that can automatically measure the media like solid or liquid without any adjustment. Smart level switch offers a wide range of advantages such as corrosion resistance, heat resistance, hygiene, easy to clean, high accuracy and circuit up gradation. Smart level switch is widely used in feed machinery, pharmaceutical industry, automation control and coal ash. In June 2021, EMA Electronics, a manufacturer in sensors technology and industrial switches, launched EMA LB series small high-Frequency Level Switch Solution for food and beverage industry. The product is designed with features such as compact design, can be installed in limited space and one-Touch Smart learning function and is ideal for liquid, paste, small bulk and powder measurements.

Vibration Level Switch Market Challenges

Limitation of using vibration level switches

Vibration level switches often have limited area of application as they are only placed in certain positions in the containers as well as these are excessively sensitivity, leading to errors in measurement. The most common vibration level switches have a vibrating fork that enters the environment to measure the change in frequency, thereby turns the output of the sensor and thus resulting in errors of measurement as the sticky media are attached to the fork. The forks are more prone to mechanical damage. Furthermore, Vibration Level Switches are not suitable for all media is the other factor that impedes the growth of the market. Owing to the above mentioned factors, adoption of vibration level switches will be significantly impacted, thus hampering its market growth.

Vibration Level Switch Market Landscape

Partnership, Acquisitions, Collaboration, technology launches and R&D activities are key strategies adopted by players in the Vibration Level Switch Market. The Vibration Level Switch Market top 10 companies includes ABB Ltd, Siemens AG, Magnetrol International, Endress+Hauser, Emerson Electric Co, AMETEK Inc, Flowline Inc, Dwyer Instruments Inc, FineTek Co Ltd and Bürkert Fluid Control Systems.

Acquisitions/Technology Launches

• In August 2020, ABB Ltd launched the Improved RS85 Vibrating Fork Level Switch for high level & low level detection applications with features such as immune to most coating and self test diagnosis. The product is designed as direct replacement for ultrasonic Gap switches, RF capacitance switches and float switches.
• In June 2020, ABB Ltd. announced the acquisition of K-TEK Corp., a provider of laser level transmitters, magnetic level gauges, and magneto level transmitters to provide a broad range of point level detection instruments such as vibration level switches as well as pressure and temperature switches.

Relevant Report Titles

Vibration Sensor Market – Forecast (2021 - 2026)

Report Code: AIR 0013

Safety Sensors and Switches Market – Forecast (2021 - 2026)

Report Code: AIR 0007

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