According to a new market report by Lucintel, the future of the global liquid leakage sensor market looks promising with opportunities in the automation industry, pharmaceutical laboratories, data centers, hospitals, offices, museums, and water supply systems. The global liquid leakage sensor market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected to grow with a CAGR of 10% from 2020 to 2025. The major growth drivers for this market are rising trend of internet of things and development of consumer electronic products.
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In this market, sensing bands, point sensor, chemical-resistance sensor, high temperatures-resistant sensor are the major product types.
Within the liquid leakage sensor market, automation, pharmaceutical laboratories, data centers, hospitals, offices, museums, and water supply systems are the major end use industries.
North America will remain the largest region in the global liquid leakage sensor market over the forecast period due to growth of the end use industries.
Omron, Nidec Copal Electronics, Toyoko Kagaku, CMR Electrical, Panasonic, Dorlen Products, and Daitron are among the major manufacturers of the liquid leakage sensor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global liquid leakage sensor market by product type, application, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Liquid Leakage Sensor Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global liquid leakage sensor market by product type, application, end use industry, and region as follows:
By Product Type [$M shipment analysis for 2014 – 2025]:
Sensing Bands
Point Sensor
Chemical-Resistance Sensor
High Temperatures-Resistant Sensor
By Application [$M shipment analysis for 2014 – 2025]:
Semiconductor Production Equipment
Clean Rooms
Oil Storage Locations
Hydraulic Equipment
By End Use Industry [$M shipment analysis for 2014 – 2025]:
Automation Industry
Pharmaceutical Laboratories
Data Centers
Hospitals
Offices
Museums
Water Supply Systems
Others
By Region [$M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
China
Japan
India
South Korea
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.