How Has The Vibration Sensor Market Size Evolved In Recent Years?
The vibration sensor market has seen considerable growth due to a variety of factors.
• The market size of the vibration sensor has experienced substantial growth in the past few years. The value will escalate from $4.33 billion in 2024 to $4.68 billion in 2025, showing a compound annual growth rate (CAGR) of 7.9%.
The growth during the historic period can be credited to factors like machine health monitoring, regulatory compliance, increasing demand for predictive maintenance, and a rise in understanding of vibration-related issues.
What Are The Estimated Market Size And Expected Annual Growth Rates For Global Vibration Sensor Market?
The vibration sensor market is expected to maintain its strong growth trajectory in upcoming years.
• Predictions indicate a robust expansion in the vibration sensor market in the forthcoming years. The market is forecasted to reach a value of $6.33 billion by 2029, with a compound annual growth rate (CAGR) estimated at 7.9%.
The projected growth during this period can be tied to factors such as the introduction of condition monitoring as a service (cmaas), implementation of energy harvesting sensors, integration into consumer electronics, increasing emphasis on safety and environmental compliance, and the rising adoption of the industrial internet of things (IIoT). Leading trends projected for this forecast period encompass wireless vibration sensors, industry 4.0 and smart manufacturing, edge computing, condition monitoring as a service (cmaas), and MEMS vibration sensors.
What Are The Essential Drivers Behind The Growth Of The Vibration Sensor Market?
The upswing in the airline industry is projected to trigger the expansion of the vibration sensor market. Vibration examination on aircraft engines is essential to ascertain vibration levels, verify there are no cracks, determine avionics functionality, and assess engine performance. For example, in September 2024, Eurostat, an intergovernmental statistical institution based in Europe, recorded that air travel within the European Union hit 820 million passengers in 2022. This represents a significant rebound as the passenger count more than doubled compared to 2021, indicating the relaxation of travel constraints and increasing air travel demand in the post-pandemic period. Consequently, the proliferation of the airline industry is stimulating the growth of the vibration sensor market.
How Is The Global Vibration Sensor Market Divided Into Key Segments?
The vibration sensor market covered in this report is segmented –
1) By Product Type: Velocity Transducers, Electrodynamics, Accelerometers, Non-Contact Displacement Transducer
2) By Material: Doped Silicon, Quartz, Piezoelectric Ceramics
3) By Technology: Piezoresistive, Strain Gauge, Variable Capacitance, Optical
4) By End User: Aerospace, Coal And Quarry, Oil And Gas, Medical And Pharmaceuticals, Automobile, Consumer Electronics
Subsegments:
1) By Velocity Transducers: Dynamic Sensors, Magnetic Sensors
2) By Electrodynamics: Electrodynamic Accelerometers, Electrodynamic Vibration Sensors.
3) By Accelerometers: MEMS (Micro-Electro-Mechanical Systems), Piezoelectric Accelerometers, Capacitive Accelerometers
4) By Non-Contact Displacement Transducers: Laser Displacement Sensors, Eddy Current Sensors
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What Trends Are Reshaping The Future Of The Insights Market?
The proliferation of technological advancements is a burgeoning trend in the vibration sensors market space. Technological strides are essentially the acquisition of information that propels technology forward. For example, in January 2023, NSXe Co. Ltd., a company based in Japan which offers services for the installation and maintenance of mechanical equipment, introduced conanair, a Wi-Fi vibration sensor that facilitates users to spot bearing damage at a considerably reduced cost than previously. ‘Under Sampling’ technology is a common feature in wireless communication systems that deal with high-frequency transmissions. This tech-savvy mechanism effectively manages high-frequency signals at low sampling frequencies by making use of aliasing noise.
Who Are the Key Players in the Vibration Sensor Market?
Major companies operating in the vibration sensor market include:
• TE Connectivity Ltd.
• Honeywell International Inc.
• Emerson Electric Co.
• Robert Bosch GmbH
• Dytran Instruments Inc.
• Fluke Corporation
• FUTEK Advanced Sensor Technology Inc.
• Hansford Sensors Ltd.
• Keyence Corporation
• Colibrys Ltd.
• DIS Sensors
• SKF GmbH
• Omron Corp.
• PCB Piezotronics
• Rockwell Automation Inc.
• Siemens AG
• ams OSRAM AG
• Endevco Corporation
• PCB Piezotronics Inc.
• Sound and Vibration Measurement A/S
• VTI Technologies Oy
• MTS Systems Corporation
• Hottinger Baldwin Messtechnik GmbH
• Sensata Technologies Inc.
• LORD Corporation
• GE Aviation Inc.
• United Technologies Corporation
• Parker Hannifin Corporation
• Meggitt plc
• Rolls-Royce plc
• Safran SA
• Danaher Corporation
• Teledyne Technologies Incorporated
• Kistler Group
What are the Regional Insights into the Vibration Sensor Market?
North America will be the largest region in the vibration sensor market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vibration sensor market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
