Vibration Sensor Market size is expected to surpass USD 5 Billion by the end of 2036, growing at a CAGR of 8% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of vibration sensor was over USD 2 Billion. Vibration sensor are increasingly in demand for distant systems like conveyor belts, machine tools, and machine spindles that need predictive maintenance. To create vibration sensor for predictive maintenance, several vibration sensor manufacturers are engaged.
A vibration sensor's natural frequency and damping coefficient are the two elements that combined determine the degree of accuracy the sensor is capable of. Vibration has a variety of advantages as well as disadvantages. It is used to identify any potentially disastrous situations so that preventative measures can be done before they occur.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
~ 8% |
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Base Year Market Size (2023) |
~ USD 2 Billion |
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Forecast Year Market Size (2036) |
~ USD 5 Billion |
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Regional Scope |
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Type (Accelerometers, Displacement Sensor)
Vibration sensor market from the accelerometers segment is expected to hold 54% of the revenue share during the forecast period. This high adoption rate of accelerometers in several sectors, including industrial, consumer electronics, and automotive, is responsible for the large share. Additionally, a number of market players, such as Hansford Sensor and Robert Bosch LLC, are concentrating on the development of tri-axial accelerometers, which is fueling the segment's expansion. For instance, Endevco, a supplier of measuring sensor solutions, declared the introduction of the Model 7298A, a triaxial variable capacitance accelerometer, in October 2021.
Technology (Piezoelectric, Piezoresistive, Capacitive MEMS)
Piezoresistive vibration sensor provide advantages over other types of vibration sensor, including fixed sensitivity and less expensive electronics and cabling requirements. Automotive safety applications like anti-lock brake systems, airbags, and traction control systems frequently include piezoresistive accelerometers. Additionally, piezoresistive accelerometers are better suited for monitoring both static and dynamic accelerations than variable capacitance and optical sensor. The rising use of piezoresistive sensor for intravascular blood pressure monitoring is another factor contributing to the segment's rise.
Our in-depth analysis of the global vibration sensor market includes the following segments:
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Type |
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Material |
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Technology |
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End-User |
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North American Market Forecast
North America vibration sensor market is anticipated to hold a share of 37% during the forecast period. The automobile industry is extensively using vibration sensor, which is driving the market growth in the region. As per a survey, 75% of Americans said they had access to a personal vehicle as of March 2023, and another 20% said they had use of a work or family vehicle. The nation's high demand for automobiles supports a thriving automotive industry. Along with having businesses like the Canadian National Railway, Kansas City Southern Railway, and Norfolk Southern Railway, the region also has some of the world's biggest rail networks. As a result, the market's expansion is driven by the demand for the products in applications like rail asset management. Additionally, it is predicted that a surge in product demand for consumer electronics applications will promote regional market expansion.
APAC Market Statistics
The vibration sensor market in the Asia Pacific is anticipated to hold 26% of the revenue share during the forecast period. Advanced vibration sensor are becoming more and more necessary as automation spreads across many regional sectors. Additionally, low labour costs are driving multinational corporations to increase their production facilities in nations like South Korea, China, and India. This is anticipated to fuel the manufacturing sector's product demand in the area. Additionally, nations like China and Japan are recognized as the manufacturing and assembly centers for companies that produce consumer electronics, such as SAMSUNG and Sony Corporation. Vibration sensor are utilized in consumer electronics for tasks including free-fall sensing and orientation detection.
Author Credits: Abhishek Verma, Hetal Singh
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