Vibration Sensor Market: Market Size, Trends and Growth Analysis

The future of the global vibration sensor market looks promising with opportunities in the automotive, healthcare, and consumer electronics industries. The global vibration sensor market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected to grow with a CAGR of 4% to 6% from 2020 to 2025. The major growth drivers for this market is the rising demand for predictive maintenance in rotating machinery, including pumps, motors, bearings, and turbines and growth of the consumer electronics industry.

A total of XX figures / charts and XX tables are provided in more than 150 pages report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of vibration sensor market report download the report brochure.

 

 

Growth in various segments of the vibration sensor market are given below:

 

 

The study includes trends and forecast for the global vibration sensor market by product type, end use industry, technology, and region as follows:

By Product Type [$M shipment analysis for 2014 – 2025]:

By Technology [$M shipment analysis for 2014 – 2025]:

By End Use Industry [$M shipment analysis for 2014 – 2025]:

By Region [$M shipment analysis for 2014 – 2025]:

Some of the exhaust sensor manufacturers profiled in this report include, Honeywell, Advanced Sensors Calibration, Analog Devices, Futek Advanced Technology., DIS Sensors, Dytran Instruments, Global Sensor Technology, Hansford Sensors, and LORD MicroStrain.

In this market, accelerometers, velocity sensors, and non-contact displacement transducers are the major product types. Lucintel forecasts that accelerometers are expected to account for the largest share of the vibration sensor market during the forecast period due to increased use of accelerometers for collecting vibration monitoring data.

Within the vibration sensor market, the automotive end use segment is projected to grow at the highest CAGR during the forecast period because the automotive industry is focusing on automating and upgrading assembly lines, which require motor monitoring systems and vibration sensors.

Asia Pacific is expected to witness the highest growth over the forecast period, supported by increased demand for predictive maintenance of machineries and growth of the consumer electronics industry.

Features of the Global Vibration Sensor Market

Market size estimates: Global vibration sensor market size estimation in terms of value ($M) shipment. Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by various segments and regions. Segmentation analysis: Market size by various segments such as by product type, end use industry, technology, and region. Regional analysis: Global vibration sensor market breakdown by North America, Europe, Asia Pacific, and the Rest of the World. Growth opportunities: Analysis on growth opportunities in different product type, end use industry, technology, and regions for global vibration sensor market. Strategic analysis: This includes M&A, new product development, and competitive landscape of the global vibration sensor market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the vibration sensor market by product type (accelerometers, velocity sensors, and non-contact displacement transducers), technology (piezoresistive and tri-axial), end use industry (automotive, healthcare, consumer electronics, and others), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW))? Q. 2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market? Q.5 What are the business risks and threats to the vibration sensor market? Q.6 What are the emerging trends in the vibration sensor market and the reasons behind them? Q.7 What are some changing demands of customers in the vibration sensor market? Q.8 What are the new developments in the vibration sensor market? Which companies are leading these developments? Q.9 Who are the major players in the vibration sensor market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the vibration sensor market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the vibration sensor market?