Monday, 11 January 2021

Vibration Sensor Market Size Is Projected To Reach $7.67 Billion By 2027

The global vibration sensor market size is expected to reach USD 7.67 billion by 2027, registering a CAGR of 6.2% from 2020 to 2027, according to a new study conducted by Grand View Research, Inc. Increasing adoption of these devices in various industries and sectors such as oil & gas, manufacturing, and mining for detection of rotating parts and damaged bearings in machines is projected to drive the market growth. 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. Companies such as VocalZoom and Colibrys Ltd. are developing vibration sensors for industrial 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.

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 for air circulation in HVAC equipment.

In airbags, accelerometer vibration sensors monitor rapid deceleration of the vehicle in the event of an impact and convert it into a change in voltage. The electronic control unit subsequently responds by sending a signal to actuate and inflate the protective airbag. The governments in various countries have mandated the usage of airbags in passenger cars that is expected to impact the market growth positively. For instance, the U.S. National Highway Traffic Safety Administration has established the 49 CFR Part 595 standards that mandate the usage of airbags in cars.

Full Research Report On Vibration Sensor Market Visit Here: https://www.grandviewresearch.com/industry-analysis/vibration-sensors-market

Vibration Sensor Market Report Highlights

  • Owing the rising demand for displacement sensors in applications such as precision positioning, thickness measurements, and assembly line inspection, the displacement sensor is anticipated to register the highest CAGR over the forecast period
  • Growing usage of tri-axial sensors for monitoring vibrations in multi-axis machine tools and detecting anomalies in machine tools and work pieces is expected to drive their demand in the forthcoming years
  • The piezoelectric ceramics segment is projected to expand at the highest CAGR on account of increasing demand for piezoelectric ceramics-based vibration sensors in relaxation chairs used in healthcare sector
  • Various regulations such as American Petroleum Institute (API) Standard 670: Machinery Protection Systems mandate the usage of machinery monitoring systems such as vibration sensors in the refineries. These regulations are expected to enhance the market growth in oil and gas end-use segment
  • Asia Pacific is expected grow significantly over the forecast period owing to increasing adoption for detection and prediction of earthquakes and tsunamis in countries such as South Korea, Philippines, and Japan

Request a Sample Copy of the Report @ https://www.grandviewresearch.com/industry-analysis/vibration-sensors-market/request/rs1

Vibration Sensor Market Segmentation

Grand View Research has segmented the global vibration sensor market based on type, technology, material, end use, and region:

Vibration Sensor Type Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2027)

  • Accelerometers
  • Velocity Sensor
  • Displacement Sensor

Vibration Sensor Technology Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2027)

  • Piezoresistive
  • Strain Gauge
  • Variable Capacitance
  • Hand Probe
  • Optical
  • Tri-axial
  • Others

Vibration Sensor Material Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2027)

  • Doped Silicon
  • Piezoelectric Ceramics
  • Quartz

Vibration Sensor End-use Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2027)

  • Automobile
  • Consumer Electronics
  • Healthcare
  • Aerospace & Defense
  • Oil & Gas
  • Others

Vibration Sensor Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2016 - 2027)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • Middle East & Africa

List of Key Players of Vibration Sensor Market

  • 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.

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

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