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The global vibration sensor market stood at a value of nearly USD 4.76 billion in 2023. The vibration sensor market is further expected to attain USD 9.52 billion by 2032, growing at a CAGR of 8% during the forecast period of 2024-2032.
Global Vibration Sensor Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 4.76 |
Market Size 2032 | USD Billion | 9.52 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 8.0% |
CAGR 2024-2032 - Market by Region | Latin America | 7.6% |
CAGR 2024-2032 - Market by Country | USA | 6.5% |
CAGR 2024-2032 - Market by Country | UK | 6.2% |
CAGR 2024-2032 - Market by Type | Accelerometer | 9.0% |
CAGR 2024-2032 - Market by Application | Consumer Electronics | 9.1% |
Market Share by Country | Italy | 3.4% |
The growth of the vibration sensor market is being driven by the development of advanced tools, and the growing need to monitor the condition of different components and improve the productivity of machines.
The global market is anticipated to experience a healthy growth over the forecast period due to the growing demand for cost-effective maintenance and the growth in asset utilization. Vibration analysis is used to determine the condition of equipment. The rapid urbanisation and industrialisation, particularly in emerging nations, is expected to drive the expansion of the vibration sensor industry over the forecast period. The need to increase productivity and efficiency, with the growing demand to cut down maintenance cost is aiding the industry growth. The thriving oil and gas and automotive sector are expected to support the industry growth further.
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The declining prices of MEMS accelerometers are expected to have a positive impact on the industry growth. Region-wise, the Asia Pacific is expected to lead the global vibration sensor industry over the forecast period owing to the growing adoption of industrial IoT (IIoT) in the region coupled with the rising preference for wireless sensor network technology.
The integration of IoT and IIoT technologies in the vibration sensor has allowed for real-time monitoring and analysis of equipment performance. By connecting vibration sensors to the internet, companies can now remotely monitor their machinery's health and condition, detecting potential issues before they become costly breakdowns in the future.
Worldsensing announced the launch of its newest wireless sensor, the Vibration Meter in 2023. This device uses a tri-axial accelerometer to gauge vibrations, offering a long battery life, wide communications range, and a more competitive price compared to similar products.
Rising Adoption of Renewable Energy and the IoT Technology
In 2020, renewable energy sources accounted for 28.1% of global electricity generation. Hydropower was the largest contributor at 16.3%, followed by wind at 6.0% and solar PV at 3.1%. In 2022, all renewables made up 29.5% of global electricity generation. As per the vibration sensor industry analysis, hydropower accounted for 15%, while wind and solar PV contributed 7.3% and 4.5% respectively. In 2024, hydropower is expected to remain a dominant power source at 15.1%, while wind energy is expected to account for 8.6% and solar PV 6.7% of renewable energy power. In 2028, renewable energy was expected to account for 41.6% of global electricity generation which can increase the vibration sensor industry revenue. Solar PV is expected to contribute around 12.6%, and wind energy around 12.1%. Hydropower's share will decrease slightly to 13.9%. The transition towards renewable energy, such as solar and wind aids the demand for vibration sensors, which are critical for monitoring and maintaining the performance of wind turbines and solar panels, ensuring their efficiency and longevity.
In 2020, Industry 4.0 adoption varied significantly across regions. North America led with a 36% adoption rate, driven by major companies like General Electric, Boeing, and Tesla. Popular vendors in this region included Microsoft, IBM, and AWS, which provide crucial technologies supporting Industry 4.0 implementation and promotes the growth of the vibration sensor industry. Europe followed with a 27% adoption rate, with Siemens, ABB, and Schneider Electric being the leading adopters. These companies are noted for their extensive use of automation and digitalization in manufacturing. The most popular vendors in Europe were ABB, Siemens, and SAP, which are integral to the region's smart manufacturing infrastructure. Asia, particularly China, had a 20% adoption rate, led by companies like Toyota, Huawei, and Foxconn. These companies have been pivotal in integrating advanced manufacturing technologies and IoT solutions.
Key vendors in Asia included Huawei, Alibaba Group, and Fanuc, which provide the necessary technology for Industry 4.0 advancements. From 2018 to 2024, the number of Internet of Things (IoT) connections in the United Kingdom is projected to grow significantly, reaching 155.7 million by 2024 from 31.4 million in 2018. Key sectors contributing to this growth include automotive, manufacturing, FMCG, utilities, and smart cities. The increase in Industry 4.0 adoption correlates with the rising demand for vibration sensors. These sensors are crucial for monitoring machinery health, predicting maintenance needs, and ensuring operational efficiency.
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Vibration monitoring refers to the quality measurement phenomenon in modern industrial infrastructure. Vibrations help us know about the machine condition; for example, abnormal vibration level is indicative of problems in an industrial machine, which, if detected early, can be repaired before the event of machine failure.
The global vibration sensor industry can be divided based on segments like types, applications, and regions.
CAGR 2024-2032 - Market by | Type |
Accelerometer | 9.0% |
Electromagnetic Velocity Sensor | 7.4% |
Non-contact Displacement Sensor | XX% |
CAGR 2024-2032 - Market by | Application |
Consumer Electronics | 9.1% |
Energy and Power | 8.3% |
Processing Industry | 8.1% |
Automotive | XX% |
Oil and Gas | XX% |
Others | XX% |
The EMR report looks into the regional markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
CAGR 2024-2032 - Market by | Region |
Latin America | 7.6% |
Europe | 6.1% |
North America | XX% |
Asia Pacific | XX% |
Middle East and Africa | XX% |
CAGR 2024-2032 - Market by | Country |
USA | 6.5% |
Brazil | 6.3% |
UK | 6.2% |
Germany | 5.9% |
Australia | 5.7% |
Canada | XX% |
France | XX% |
Italy | XX% |
China | XX% |
Japan | 5.5% |
India | XX% |
Saudi Arabia | XX% |
Mexico | XX% |
The report presents a detailed analysis of the following key players in the global vibration sensor market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the vibration sensor market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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North America, especially the United States, consists of a robust industrial sector as well as high-end technologies for industrial automation and machinery condition monitoring. This region also serves as a centre for technological advancements, with rising investments in research and development of sensor technologies such as vibration sensors.
Market Share by | Country |
Italy | 3.4% |
USA | XX% |
Canada | XX% |
UK | XX% |
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Vibration Sensor Market Growth
Vibration Sensor Market Trends
Vibration Sensor Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Vibration Sensor Market Analysis
8.1 Key Industry Highlights
8.2 Global Vibration Sensor Historical Market (2018-2023)
8.3 Global Vibration Sensor Market Forecast (2024-2032)
8.4 Global Vibration Sensor Market by Type
8.4.1 Accelerometer
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 Breakup by Type
8.4.1.3.1 Capacitive MEMS
8.4.1.3.2 Piezoresistive
8.4.1.3.3 Piezoelectric
8.4.2 Electromagnetic Velocity Sensor
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Non-contact Displacement Sensor
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Vibration Sensor Market by Application
8.5.1 Processing Industry
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Automotive
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Oil and Gas
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Consumer Electronics
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Energy and Power
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Aerospace and Defence
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Healthcare
8.5.7.1 Historical Trend (2018-2023)
8.5.7.2 Forecast Trend (2024-2032)
8.5.8 Others
8.6 Global Vibration Sensor Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Vibration Sensor Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Vibration Sensor Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Vibration Sensor Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Vibration Sensor Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Vibration Sensor Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Analog Devices, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Hansford Sensors Ltd
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Honeywell International Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Keyence Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 National Instruments Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Bosch Sensortec GmbH
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Safran Colibrys SA
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 TE Connectivity Ltd.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Vibration Sensor Market: Key Industry Highlights, 2018 and 2032
2. Global Vibration Sensor Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Vibration Sensor Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Vibration Sensor Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Vibration Sensor Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Vibration Sensor Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Vibration Sensor Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Vibration Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Vibration Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Vibration Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Vibration Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Vibration Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Vibration Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Vibration Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Vibration Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Vibration Sensor Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Vibration Sensor Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Vibration Sensor Market Structure
In 2023, the market attained a value of approximately USD 4.76 billion.
The market is projected to grow at a CAGR of 8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 9.52 billion by 2032.
The major drivers of the market are rising disposable incomes, increasing population, and growing need to monitor the condition of different components.
The key trends guiding the growth of the vibration sensor market include the increase in productivity and efficiency of machines and the development of advanced tools.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Accelerometer, electromagnetic velocity sensor, and non-contact displacement sensor are the leading types of vibration sensors in the market.
Processing industry, automotive, oil and gas, consumer electronics, energy and power, aerospace and defence, and healthcare, among others, are the significant applications of vibration sensors in the market.
The major players in the market are Analog Devices, Inc., Hansford Sensors Ltd, Honeywell International, Inc., Keyence Corporation, National Instruments Corporation, Bosch Sensortec GmbH, Safran Colibrys SA, and TE Connectivity Ltd, among others.
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