Quick Summary:
In the modern era of automation and digitalization, the global vibration sensor market holds significant potential. Vibration sensors, or piezoelectric sensors, are integral to improving the operational efficiency and safety of various industries. Encompassing automotive, healthcare, aerospace and consumer electronics, these devices have found broad applications due to their capacity to convert vibrations into electrical outputs, facilitating the measurement and rectification of velocity, acceleration and displacement faults within machinery.
Rapid industrialization and an increased focus on industrial automation underscore the drive for growth within this market space. Technological advancements in the Internet of Things (IoT), machine learning, cloud computing and big data solutions, have provided supporting pillars to the expansion of this market. The rise of custom machinery and the demand for vibration sensors in detecting discrepancies in frequency levels, further propel the relevance of this market report. With the inclusion of in-depth analysis segmented by product, technology, material, end-use industry, and geographical region, this report offers valuable foresight into key trends shaping the future of the global vibration sensor market.
The global vibration sensor market size reached US$ 4.2 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 6.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.52% during 2023-2028.
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.
2. What is the expected growth rate of the global vibration sensor market during 2023-2028?
3. What has been the impact of COVID-19 on the global vibration sensor market?
4. What are the key factors driving the global vibration sensor market?
5. What is the breakup of the global vibration sensor market based on the product?
6. What is the breakup of the global vibration sensor market based on the technology?
7. What is the breakup of the global vibration sensor market based on the material?
8. What is the breakup of the global vibration sensor market based on the end-use industry?
9. What are the key regions in the global vibration sensor market?
10. Who are the key players/companies in the global vibration sensor market?
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.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global vibration sensor market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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
1. What was the size of the global vibration sensor market in 2022?2. What is the expected growth rate of the global vibration sensor market during 2023-2028?
3. What has been the impact of COVID-19 on the global vibration sensor market?
4. What are the key factors driving the global vibration sensor market?
5. What is the breakup of the global vibration sensor market based on the product?
6. What is the breakup of the global vibration sensor market based on the technology?
7. What is the breakup of the global vibration sensor market based on the material?
8. What is the breakup of the global vibration sensor market based on the end-use industry?
9. What are the key regions in the global vibration sensor market?
10. Who are the key players/companies in the global vibration sensor market?
Frequently Asked Questions about the Global Vibration Sensor Market
What is the estimated value of the Global Vibration Sensor Market?
What is the growth rate of the Global Vibration Sensor Market?
What is the forecasted size of the Global Vibration Sensor Market?
Who are the key companies in the Global Vibration Sensor Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | May 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 4.2 Billion |
| Forecasted Market Value ( USD | $ 6.1 Billion |
| Compound Annual Growth Rate | 6.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Vibration Sensor Market
6 Market Breakup by Product
7 Market Breakup by Technology
8 Market Breakup by Material
9 Market Breakup by End-Use Industry
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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
Methodology
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