Vibration Sensor Market Share, Size, Growth, Opportunity and Forecast 2020-2025

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Vibration Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The global vibration sensor market grew at a CAGR of around 6% during 2014-2019. A vibration sensor, or piezoelectric sensor, refers to mechanical equipment used for converting vibrations from objects into an electrical output. It is used to measure and record the changes in velocity, acceleration and displacement caused by faults in machines and rectify any external excitation, unbalanced centrifugal force or friction between surfaces. Accelerometer, velocity sensors, strain gauge, capacitive displacement sensors and laser displacement sensors are some of the commonly used vibration sensors. They are usually equipped with vibration sensor alarm and industrial health monitoring systems that aid in improving the operational efficiency and overall safety of the workers. As a result, these sensors find extensive applications across various industries, such as automotive, healthcare, aerospace and consumer electronics.

Rapid industrialization, along with increasing industrial automation, is one of the key factors driving the growth of the market. Furthermore, with the growing preference for customized machinery, equipment manufacturers are widely adopting vibration sensors to check for any discrepancies in the frequency levels. Additionally, various technological advancements, such as integration with the Industrial Internet of Things (IIoT), machine learning (ML), cloud computing and big data solutions, are acting as other growth-inducing factors. These systems are used in both process and discrete manufacturing for predictive maintenance. Apart from this, the development of high-sensitivity optical accelerometer for low-frequency vibrations and laser-based noncontact vibration sensors for structural health monitoring (SHM) is also contributing to the market growth. Other factors, including the increasing usage of vibration sensors in railway track monitoring systems to detect breaks and dislocation bodes, along with extensive research and development (R&D) activities, are anticipated to drive the market further. Looking forward, IMARC Group expects the global vibration sensor market to continue its moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global vibration sensor market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, product, technology, material and end-use industry.

Breakup by Product:

Accelerometers
Velocity Sensors
Non-Contact Displacement Transducers
Others

Breakup by Technology:

Piezoresistive
Strain Gauge
Variable Capacitance
Optical
Others

Breakup by Material:

Doped Silicon
Piezoelectric Ceramics
Quartz

Breakup by End-Use Industry:

Automotive
Healthcare
Aerospace and Defence
Consumer Electronics
Industrial Machinery
Others

Breakup by Region:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Analog Devices Inc., Bosch Sensortec GmbH (Robert Bosch GmbH), Dytran Instruments Inc., Emerson Electric Corp., FUTEK Advanced Sensor Technology Inc., Hansford Sensors Ltd., Honeywell International Inc., National Instruments Corporation, NXP Semiconductors N.V., Rockwell Automation, Safran Colibrys SA, SKF, TE Connectivity Ltd. and Texas Instruments Incorporated.

Key Questions Answered in This Report:

How has the global vibration sensor market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global vibration sensor market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the material?
What is the breakup of the market based on the end-use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global vibration sensor market and who are the key players?
What is the degree of competition in the industry?