Fluid Sensors Market: By Type (Flow Sensor, Level Sensor), By Technology (Non-contact Sensor, Contact Sensor), By End-user (Automotive, Water and Wastewater, Oil and Gas, Chemical, Food and Beverage, Power and Utilities, Others) and Geography  

Fluid Sensors Market is estimated to be valued at USD 13,653.8 Million in 2021 and is poised to grow at a significant CAGR of 7.3% over 2022-2028. An electrical device that monitors or regulates the flow of liquids and gases through pipes and tubes is known as a fluid sensor. Fluid sensors are often used to provide measurements in conjunction with gauges, but they may also be utilized in connection with computers and digital interfaces. They measure, among other things, pressure, temperature, level control, and the amount of fluid flowing through them. Oil and gas, water and wastewater, chemical, power generation, food and beverage, and automotive sectors all employ fluid sensors. Based on type, the global fluid sensors market is segmented into flow sensors and level sensors. The flow sensor segment is anticipated to show growth in the forecasting market. Flow sensors detect the mass and volume rates of liquids, solids, and steam, among other things. flow sensors have several benefits, which is why they are rapidly being utilized in coal-fired, fuel oil and natural gas, geothermal, hydroelectric, and nuclear power plants. Increasing stringency in rules governing the management of harmful gas emissions from power plants has boosted the use of flow sensors. The increasing emphasis on industrial automation, as well as the growing demand for fluid sensors in a variety of manufacturing and processing industries such as oil and gas, lubricating and hydraulic oil reservoirs, waste-water treatment sector, chemical, and power-generation realms, are some of the factors expected to drive the growth of the global fluid sensors market during the forecast period. Furthermore, increased research initiatives to produce tiny and low-cost digital fluid sensors will likely promote market growth by 2028.   Recent Market Developments: In October 2020, Flusso, a semiconductor firm in the United Kingdom, announced the development of the world's most miniature fluid sensors, which are low-cost and include a digital flow sensing solution. These sensors are suitable for use in high-volume consumer and industrial sectors.