Global Vibration Sensors Market Research Report - Segmentation By Technology (Piezoresistive, Strain gauge, Variable Capacitance, Hand probe & Tri-Axial Sensors), By Application (Automotive, Oil and gas, Consumer Electronics, Mining, Machine and Structure monitoring, Coal and Quarry Sector, Aerospace & Others), By Material (Doped Silicon, Quartz & Piezoelectric ceramics), and Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) – Industry Analysis (2024 to 2029).

Updated On: June, 2024
ID: 8698
Pages: 175

Global Vibration Sensors Market Size (2024-2029):

The Global Vibration Sensors Market was worth US$6.03 billion in 2023 and is anticipated to reach a valuation of US$9.41 billion by 2029 from US$6.50 billion in 2024. It is predicted to register a CAGR of 7.7% during the forecast period 2024-2029.

MARKET DRIVERS

An increase in industrialization in developing countries like China, India, and Indonesia is fuelling the growth of the global vibration sensors market because they prevent machinery damage.

With an increase in natural disasters over some years because of pollution, these vibration sensors are used to calculate the abnormal vibrations on earth or water 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, preventing accidents because of faulty machinery is propelling the growth of the global vibration sensor market. The benefits of using these vibration 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 government's road safety rules in various countries, these vibration sensors are being used in automotive industries to calculate engine performance and also in savior situations like road accidents to calculate sudden impacts, which is accelerating the demand for these vibration sensors.

MARKET CHALLENGES

The factors that limit the global vibration sensor market are usability and a lack of an end-user approach. These are some of the problems that vibration sensors will have to overcome in the forecast period. Although vibration sensors have made many advancements in recent years, making them more precise and accurate can create the opportunity to bring a new player to the end-user in the worldwide market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

7.7%

Segments Covered

By Technology, Application, Material, and region.

Various Analyses Covered

Global, Regional, & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of 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., and Others.

 

SEGMENTAL ANALYSIS

Global Vibration Sensors Market Analysis By Technology

  • Piezoresistive
  • Strain gauge
  •  Variable Capacitance
  • Hand probe
  • Tri-Axial Sensors

Global Vibration Sensors Market Analysis By Application

  • Automotive
  • Oil and gas
  • Consumer Electronics
  • Mining
  • Machine
  • Structure monitoring,
  • Coal and Quarry Sector
  • Aerospace
  • Others

Among all applications, machines and structures would likely capture a significant share of market revenue. After the machine and structure segment, automotive and aerospace will have a higher demand due to the safety benefits of using these vibration sensors.

Global Vibration Sensors Market Analysis By Material

  • Doped Silicon
  • Quartz
  • Piezoelectric ceramics

REGIONAL ANALYSIS

  •  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 them has increased across a broad range of domains, such as machine monitoring, sports diagnostic equipment, industrial monitoring, condition monitoring, and military applications.

KEY MARKET PLAYERS

  1. TE Connectivity Lt
  2. Dytran Instruments
  3. Colibrys Ltd.
  4. Hansford Sensors Ltd.
  5. Fluke Corporation
  6. ASC GmbH, Inc.
  7. Honeywell International, Inc.
  8. National Instruments Corporation
  9. FUTEK Advanced Sensor Technology, Inc.,
  10. MEMSIC
  11. Silicon Designs, Inc.
  12. Robert Bosch GmbH.

RECENT HAPPENINGS IN THE MARKET

  • 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 to inspection. Application of such techniques would allow timely detection and application of repair and strengthening, in other words, providing for more resilient bridges.

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