Vibration Sensors System Market is expected to grow at a CAGR of 7.39% over the forecast period 2023 - 2028, reaching $1.8 billion in 2028 from $ 3,354.73 million in 2023.
Overview
The Asia Pacific contributed to 33.08% of the overall market share and will continue to lead in the market share during the forecast period. The use of the vibration sensors market in the medical industry is anticipated to grow during the forecast time period. The system is used in imaging, surgical instruments, diagnostic, and therapeutic
Recent Developments:
Development of a High-Sensitivity Optical Accelerometer for Low-Frequency Vibration Measurement - Low-frequency vibration is a harmful factor that affects the accuracy of micro/nano-measuring machines; therefore, this low-cost Optical Accelerometer was proposed in September 2018.
Fracture Detection in Steel Girder Bridges - New techniques in structural health monitoring (SHM) that use non-contact sensors and self-powered wireless sensors present an alternative approach for inspection. Application of such techniques would allow timely detection and application of repair and strengthening, in another word, providing for more resilient bridges.
An increase in the industrialization in developing countries like China, India, and Indonesia, is fuelling the growth of the global vibration sensors market because of the prevention of the damage in the machinery. With an increase in natural disasters over some years because of the pollution, these vibration sensors are used to calculate the abnormal vibrations on earth or water in order to prevent substantial loss from them.The involvement of governments' rules on the safety and security rules of industries is making these industries adopt these sensors, therefore to prevent the accidents because of the faulty machinery is propelling the growth of the global vibration sensor market. The benefits of using these vibrations sensors in an aircraft like using them to calculate airflow and the engine vibration to prevent any crashes are one of the leading factors for the rise of vibration sensors market revenue.Also, improvements and customisability qualities are making these vibration motors more attractive to adopt in various industries for different applications. And also a wide range of frequency levels, self-generating capability and agility are improving this market.Because of the governments' road safety rules in various countries, these vibration sensors are getting used in automotive industries to calculate engine performance and also in the savior situations like road accidents to calculate the sudden impacts, which is accelerating the demand for these vibration sensors.
Vibration Sensors Market Challenges
The factors that limit the global vibration sensor market are the usability and lack of end-user approach. These are some of the problems that the vibration sensors have to overcome in the forecast period.Although the vibration sensor has many advancements in the recent past, making them more precise and accurate can create the opportunity to get a new player to end-user in the worldwide market.
REPORT COVERAGE
REPORT METRIC |
DETAILS |
Market Size Available |
2022–2028 |
Base Year |
2022 |
Forecast Period |
2023-2028 |
Segments Covered |
By Technology, Application, Material & Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
TE Connectivity Ltd, Dytran Instruments, Colibrys Ltd., Hansford Sensors Ltd., Fluke Corporation, ASC GmbH, Inc., Honeywell International, Inc., National Instruments Corporation, FUTEK Advanced Sensor Technology, Inc., MEMSIC, Silicon Designs, Inc. and Robert Bosch GmbH. |
By Technology
Piezoresistive
Strain gauge
Variable Capacitance
Hand probe
Tri-Axial Sensors
By Application
Automotive
Oil and gas
Consumer Electronics
Mining
Machine
Structure monitoring,
Coal and Quarry Sector
Aerospace
Others
Among all the applications, machine & structure would likely capture the significant share of market revenue. And after the machine & structure segment, the automotive and aerospace will have a higher demand due to the safety benefits of using these vibration sensors.
By Material
Doped Silicon
Quartz
Piezoelectric ceramics
North America
Europe
Asia Pacific
South America
Middle East & Africa
Asia Pacific has the largest market share. The Asia Pacific has a huge market for piezoresistive vibration sensors because the demand for these vibration sensors increased over a broad range of domains such as machine monitoring, sports diagnostic equipment, industrial monitoring, condition monitoring, and military applications among others.
TE Connectivity Lt
Dytran Instruments
Colibrys Ltd.
Hansford Sensors Ltd.
Fluke Corporation
ASC GmbH, Inc.
Honeywell International, Inc.
National Instruments Corporation
FUTEK Advanced Sensor Technology, Inc.,
MEMSIC
Silicon Designs, Inc.
Robert Bosch GmbH.
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