Mold Level Measuring Instrument Market Report 2026

The mold level measuring instrument market size has grown strongly in recent years. It will grow from $3.3 billion in 2025 to $3.53 billion in 2026 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to expansion of industrial casting and molding operations, increasing use of automation in production lines, rising demand for quality consistency in manufacturing, availability of advanced sensing technologies, growth of process control instrumentation.

The mold level measuring instrument market size is expected to see strong growth in the next few years. It will grow to $4.58 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to increasing deployment of smart factories, rising adoption of predictive monitoring systems, expansion of digital foundry operations, growing focus on reducing material wastage, increasing investments in advanced industrial sensors. Major trends in the forecast period include increasing adoption of non-contact mold level sensors, rising integration of iot-enabled monitoring systems, growing demand for high-precision continuous measurement, expansion of automated casting and molding lines, enhanced focus on process stability and yield.

The growing demand in manufacturing industries is expected to drive the growth of the mold level measuring instrument market going forward. Manufacturing industries encompass sectors that produce finished goods by processing raw materials or components for use by consumers or other industries. This demand is rising as rapid urbanization increases consumption of construction materials, machinery, and infrastructure-related products. Mold level measuring instruments assist manufacturing industries by accurately monitoring material levels in molds, enhancing product quality, reducing waste, and improving production efficiency. For example, in September 2025, according to the Federal Reserve Board of Governors, a US-based government office, manufacturing output increased by 0.2% in August 2025, marking a 0.9% rise compared to the same month the previous year. Additionally, the durable goods manufacturing index climbed 0.2% in August, following a 0.3% increase in July. Therefore, the rising demand in manufacturing industries is propelling the growth of the mold level measuring instrument market.

Leading companies in the mold level measuring instrument market are focusing on developing innovative solutions, such as advanced smart mold sensors and management systems, to boost production efficiency, enable predictive maintenance, and facilitate the adoption of smart factory technologies. An advanced smart mold sensor and management system is a sophisticated solution that monitors mold conditions in real time, applies AI and data analytics for predictive maintenance, and improves production efficiency and quality control. For instance, in May 2025, ITOFROM, a South Korea-based technology company, launched ShotLine, an advanced smart mold sensor and management system designed to optimize mold manufacturing processes. Featuring a compact and durable design with a built-in temperature sensor, it ensures precise monitoring of mold conditions even in challenging environments. The system utilizes wireless communication for real-time data collection, supporting predictive maintenance and enhancing production efficiency. By leveraging big data and AI technologies, ShotLine facilitates smart factory integration, improves productivity, and strengthens quality control.

In November 2023, ESCO Technologies Inc., a US-based provider of engineered solutions and RF test and measurement systems, acquired MPE Limited for $56.2 million. Through this acquisition, ESCO aims to expand its end markets and global footprint by incorporating MPE’s high-performance products into its RF test and measurement division, complementing its existing operations. MPE Limited, a UK-based provider of high-performance electronic filters and capacitor products, offers mold-level measuring instruments and uses electromagnetic technology to deliver accurate, real-time monitoring of steel levels in molds during the continuous casting process.

Major companies operating in the mold level measuring instrument market are Danieli & C. Officine Meccaniche S.p.A., Primetals Technologies Limited, Vesuvius plc, ABB Ltd., Siemens AG, Emerson Electric Co., Honeywell International Inc., Endress+Hauser Group AG, Yokogawa Electric Corporation, VEGA Grieshaber KG, Ludwig Krohne GmbH & Co. KG, Berthold Technologies GmbH & Co. KG, AMETEK Inc., Gefran SpA, SICK AG, Ronan Engineering Company, OndoSense GmbH, Strataa Controls Inc., VÚHŽ a.s., Thermo Fisher Scientific Inc., Magnetrol International, Inc., NDC Technologies.

North America was the largest region in the mold level measuring instrument market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mold level measuring instrument market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the mold level measuring instrument market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The mold level measuring instrument market consists of sales of laser level sensors, mechanical float level indicators, capacitive level sensors, magnetic level gauges, and optical level sensors. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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