Vibration Sensor Market Present Scenario and Growth Prospects 2021-2030

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The global Vibration Sensor Market size is expected to be worth around US$ 18.24 billion by 2030, according to a new report by Vision Research Reports.

The global Vibration Sensor market size was valued at US$ 15.04 billion in 2020 and is anticipated to grow at a CAGR of 18.5% during forecast period 2021 to 2030.

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Vibration Sensor Market (By Type: Accelerometers, Velocity Sensor, Displacement Sensor; By Technology: Piezoresistive, Strain Gauge, Variable Capacitance, Hand Probe, Optical Sensor, Tri-axial Sensors, Others; By Material: Doped Silicon, Piezoelectric Ceramics, Quartz; By End-use: Automobile, Consumer Electronics, Healthcare, Aerospace & Defense, Oil & Gas, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Growth Factors

The increased adoption of these devices in various industries and sectors such as oil and gas, manufacturing, and mining, among others for detection of rotating parts and damaged bearings in machines are major factors driving the growth of the market. The usage of industrial IoT and predictive maintenance with vibration sensors for the remote monitoring of machineries is expected to provide opportunities to the market players. Players operating in the market such as VocalZoom and Colibrys Ltd.; among others are developing vibration sensors for industrial internet of things (IoT) for exploiting these opportunities. For instance, in March 2019, VocalZoom launched their non-contact vibration sensors for industrial IoT applications such as machine monitoring.

The growing adoption of Unmanned Aerial Vehicles (UAVs) is expected to drive the market growth over the forecast period as vibration sensors are used in these applications such as flight stabilization. In recent years, there has been an increasing demand for accelerometers in Augmented Reality (AR) and Virtual Reality (VR) devices for tracking the rotational motion. In AR and VR, accelerometers and vibration sensors are used for motion detection.AR and VR are gaining popularity in consumer electronics such as smartphones and gaming consoles, among others. These factors are expected to provide lucrative opportunities to the market players over the forecast period. Moreover, in recent years, there has been a growing demand for these devices in Heating, Ventilation, and Air Conditioning (HVAC) equipment, which is expected to fuel the market growth further. Vibration sensors are extensively used for monitoring rotating elements in the Air Handling Units (AHUs) that are responsible air circulation in HVAC equipment.

Report Highlights

 This high share is attributed to the increasing adopting in industries such as automotive, consumer electronics, and manufacturing. Furthermore, various companies in the market such as Hansford Sensors and Robert Bosch LLC, among others are focusing on the development of tri-axial accelerometers, which is driving the segment growth.

The displacement sensor segment is anticipated to grow at a significantly high CAGR owing to increasing adoption in the detection of stacked printed circuit boards (PCB) and the positioning of electronic components on the PCB. Moreover, displacement sensors are used in elevators for synchronizing the opening of elevator car doors with the level of building floors that elevate the segment growth further.

The piezoresistive segment accounted for the largest revenue share of over 34% in 2020owing to advantages of this technology such as smaller size and greater sensitivity. Piezoresistive accelerometers have been widely used in automobile safety applications anti-lock braking system, air-bags and traction control system, which has further driven the segment growth.

The automobile segment accounted for the largest market share of over 37% in 2020 owing to increased adoption in applications such as Engine Vibration Monitoring Units (EVMUs) and airbags. Furthermore, in recent years, there has been an increased adoption of vibration sensors in non-destructive testing of automobiles that have further affected the market growth.

The piezoelectric ceramics accounted for a market share of 45% in 2020 as a result of the advantages such as lower charge sensitivity and lower noise flow. These advantages make them suitable for use in applications such as automotive and energy harvesting. They are also used in dynamic wheel balancing machines where every imbalance in the wheel generates a signal in the sensor.

North America dominated the with a revenue share of more than 47% in 2020. This is attributable to the increased adoption of vibration sensors for the region’s automotive sector. As a result, the adoption of vibration sensors by these companies for applications such as rail asset management has driven the market growth. Moreover, the increased adoption of these systems in the region’s aerospace and defense sector has further affected the market growth positively.

Report Coverage Details
Market Size US$ 18.24 billion by 2030
Growth Rate CAGR of 18.5% From 2021 to 2030
Base Year 2020
Forecast Period 2021 to 2030
Segments Covered Type, Technology, Material, End-use, Region
Companies Mentioned Advanced Sensors Calibration GmbH, Inc., Analog Devices, Inc., Dytran Instruments, Inc., Honeywell International, Inc., Robert Bosch GmbH, Hansford Sensors Ltd., Colibrys Ltd., National Instruments Corporation, TE Connectivity Ltd., FUTEK Advanced Sensor Technology Inc.

Key Players

  • Advanced Sensors Calibration GmbH, Inc.
  • Analog Devices, Inc.
  • Dytran Instruments, Inc.
  • Honeywell International, Inc.
  • Robert Bosch GmbH
  • Hansford Sensors Ltd.
  • Colibrys Ltd.
  • National Instruments Corporation
  • TE Connectivity Ltd.
  • FUTEK Advanced Sensor Technology Inc.

Market Segmentation

  • Type Outlook
    • Accelerometers
    • Velocity Sensor
    • Displacement Sensor
  • Technology Outlook
    • Piezoresistive
    • Strain Gauge
    • Variable Capacitance
    • Hand Probe
    • Optical Sensor
    • Tri-axial Sensors
    • Others
  • Material Outlook
    • Doped Silicon
    • Piezoelectric Ceramics
    • Quartz
  • End-use Outlook
    • Automobile
    • Consumer Electronics
    • Healthcare
    • Aerospace & Defense
    • Oil & Gas
    • Others
  • Regional Outlook
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
    • Middle East & Africa

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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