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Global Vibration Sensor Market: By Type: Accelerometer, Electromagnetic Velocity Sensor, Non-contact Displacement Sensor; By Application: Processing Industry, Automotive, Oil and Gas, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Vibration Sensor Market Outlook
The global vibration sensor market stood at a value of nearly USD 3.8 billion in 2020. The vibration sensor market is further expected to attain USD 5.6 billion by 2026, growing at a CAGR of 7.7% during the forecast period of 2022-2027.
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The global vibration sensor industry 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.
Market Segmentation
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.
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The global vibration sensor industry can be divided based on segments like types, applications, and regions.
- Type:
- Accelerometer
- Capacitive MEMS
- Piezoresistive
- Piezoelectric
- Electromagnetic Velocity Sensor
- Non-Contact Displacement Sensor
- Accelerometer
- Application:
- Processing Industry
- Automotive
- Oil and Gas
- Consumer Electronics
- Energy and Power
- Aerospace and Defence
- Healthcare
- Others
The EMR report looks into the regional vibration sensor markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The global vibration sensor 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 growth of the global 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.
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.
Competitive Landscape
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:
- Analog Devices, Inc. (NASDAQ: ADI)
- Hansford Sensors Ltd
- Honeywell International, Inc.
- Keyence Corporation
- National Instruments Corporation
- Robert Bosch GmbH
- Safran Colibrys SA
- TE Connectivity Ltd
- Others
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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region |
| Breakup by Type | Accelerometer, Electromagnetic Velocity Sensor, Non-contact Displacement Sensor |
| Breakup by Application | Processing Industry, Automotive, Oil and Gas, Consumer Electronics, Energy and Power, Aerospace and Defence, Healthcare, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Analog Devices, Inc. (NASDAQ: ADI), Hansford Sensors Ltd, Honeywell International, Inc. (NYSE: HON), Keyence Corporation (TYO: 6861), National Instruments Corporation (NASDAQ: NATI), Robert Bosch GmbH, Safran Colibrys SA, TE Connectivity Ltd (NYSE: TEL), Others |
| 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. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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 Industry Opportunities and Challenges
8 Global Vibration Sensor Market Analysis
8.1 Key Industry Highlights
8.2 Global Vibration Sensor Historical Market (2017-2021)
8.3 Global Vibration Sensor Market Forecast (2022-2027)
8.4 Global Vibration Sensor Market by Type
8.4.1 Accelerometer
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.1.4 Breakup by Type
8.4.1.4.1 Capacitive MEMS
8.4.1.4.2 Piezoresistive
8.4.1.4.3 Piezoelectric
8.4.2 Electromagnetic Velocity Sensor
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Non-contact Displacement Sensor
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global Vibration Sensor Market by Application
8.5.1 Processing Industry
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Automotive
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Oil and Gas
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Consumer Electronics
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Energy and Power
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Aerospace and Defence
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2017-2021)
8.5.6.3 Forecast Trend (2022-2027)
8.5.7 Healthcare
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2017-2021)
8.5.7.3 Forecast Trend (2022-2027)
8.5.8 Others
8.6 Global Vibration Sensor Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Analog Devices, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Hansford Sensors Ltd
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Honeywell International Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Keyence Corporation
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 National Instruments Corporation
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Bosch Sensortec GmbH
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Safran Colibrys SA
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 TE Connectivity Ltd.
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Vibration Sensor Market: Key Industry Highlights, 2017 and 2021
2. Global Vibration Sensor Historical Market: Breakup by Type (USD Million), 2017-2021
3. Global Vibration Sensor Market Forecast: Breakup by Type (USD Million), 2022-2027
4. Global Vibration Sensor Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Vibration Sensor Market Forecast: Breakup by Application (USD Million), 2022-2027
6. Global Vibration Sensor Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Vibration Sensor Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Vibration Sensor Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Vibration Sensor Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Vibration Sensor Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Vibration Sensor Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Vibration Sensor Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Vibration Sensor Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Vibration Sensor Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Vibration Sensor Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Vibration Sensor Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Vibration Sensor Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Vibration Sensor Market Structure
Key Questions Answered in the Report
In 2020, the global vibration sensor market attained a value of nearly USD 3.8 billion.
The market is projected to grow at a CAGR of 7.7% between 2022 and 2027.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 5.6 billion by 2026.
The major drivers of the industry, such as rising disposable incomes, increasing population, development of advanced tools, the growing need to monitor the condition of different components, and improvements in the productivity of machines, are expected to aid the market growth.
The key market trend guiding the growth of the vibration sensor industry include the increase in productivity and efficiency.
The major regions in the industry 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 sensor in the industry.
Processing industry, automotive, oil and gas, consumer electronics, energy and power, aerospace and defence, and healthcare, among others, are the significant applications of vibration sensor in the market.
The major players in the industry are Analog Devices, Inc., Hansford Sensors Ltd, Honeywell International, Inc., Keyence Corporation, National Instruments Corporation, Robert Bosch GmbH, Safran Colibrys SA, and TE Connectivity Ltd, among others.
Analyst Review
The global vibration sensor market attained a value of USD 3.8 billion in 2020, driven by the rising development of advanced tools. Aided by the growing need to monitor the condition of different components and improve the productivity of machines, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 7.7%. The industry is projected to reach USD 5.6 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the vibration sensor industry can be segmented into accelerometer, electromagnetic velocity sensor, and non-contact displacement sensor. On the basis of application, the market is divided into processing industry, automotive, oil and gas, consumer electronics, energy and power, aerospace and defence, and healthcare, among others. The major regional markets for vibration sensors are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Analog Devices, Inc., Hansford Sensors Ltd, Honeywell International, Inc., Keyence Corporation, National Instruments Corporation, Robert Bosch GmbH, Safran Colibrys SA, TE Connectivity Ltd, and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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