Global Vibration Sensor Market

Global Vibration Sensor Market Size, Share, Growth Analysis, By Product(Accelerometers, Velocity Sensors), By Output Type(Analog, Digital), By Application(Automotive & Transportation, Consumer Electronics) - Industry Forecast 2022-2028


Report ID: SQMG20D2004 | Region: Global | Published Date: June, 2022 | Pages: 165

Global Vibration Sensor Market Insights

Global vibration sensor market is valued at USD 5.45 billion in 2021, and it is anticipated to attain a value of USD 8.69 billion by 2028, at a CAGR of 6.89% over the forecast period (2022–2028).

Vibration sensors are included into condition monitoring systems, allowing users to detect irregularities, damages, and balancing concerns in heavy machinery. The increasing integration of Industrial IoT technologies into the production environment has prompted market participants to create sophisticated technology sensors.

 

Market snapshot

Global Market Size

ProductAccelerometers, Velocity Sensors, Displacement Sensors, Proximity ProbesOutput TypeAnalog, DigitalApplicationAutomotive & Transportation, Consumer Electronics, Healthcare, Oil & Gas, Chemical, Aerospace & defence

Largest Segment

Analog

Fastest Growth

Digital

Growth Rate

ProductAccelerometers, Velocity Sensors, Displacement Sensors, Proximity ProbesOutput TypeAnalog, DigitalApplicationAutomotive & Transportation, Consumer Electronics, Healthcare, Oil & Gas, Chemical, Aerospace & defence CAGR

Global Vibration Sensor Market, 2021-2027 ($ Mn)
Country Share for Asia Pacific Region- 2021 (%)
Global Vibration Sensor Market Size By Output Type , 2021-2027 ($ Mn)
Global Vibration Sensor Market Size By Output Type , 2021-2027 (%)

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Global Vibration Sensor Market Segmental Analysis

The global vibration sensor market is segmented by product, which is further segmented into accelerometers, velocity sensors, displacement sensors, proximity probes. By output type, market is segmented into analogue and digital. By application, it is segmented in automotive & transportation, consumer electronics, healthcare, oil & gas, chemical, aerospace, and defence. Based on region, the market is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

Analysis by Output Type 

The analogue output category accounted for more than 60% of market revenue in 2021 and is expected to grow at a CAGR of 6.5% until 2028 thanks to its improved sensitivity, wide range readings, low-cost installations, and quick time benefits. These sensors are widely used in smart home security applications including home care kits, security alarm systems, and building management solutions. This has motivated OEMs to create analogue vibration sensors to meet the increased demand in home security applications, thus fuelling market growth. To enable effective vibration monitoring in smart home appliances, vibration sensor manufacturers in the global vibration sensor market are embedding analogue communication interfaces into their sensors.

 

Global Vibration Sensor Market By Output Type , 2021(%)

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Global Vibration Sensor Market Regional Insights

Asia Pacific vibration sensor market garnered around 45% of the global revenue in 2021 and is expected to grow at the fastest CAGR of 8% from 2022 to 2028. This can be attributed to rising government initiatives to encourage automotive-grade semiconductor manufacturing. South Korea, for example, committed USD 176.8 billion in March 2021 to increase the country's automotive semiconductor output. It assists local enterprises in the production of sensors, chips, wafers, and other semiconductor components. The government intends to alleviate the worldwide semiconductor shortage in the automobile industry, which is expected to drive the regional vibration sensor market to next level.

 

 

Global Vibration Sensor Market By Geography, 2021 - 2027
  • Largest
  • Fastest

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Global Vibration Sensor Market Dynamics

Driver

  • Vibration sensor market is being driven by the increasing adoption by many companies because it is a cost-effective way to protect equipment and assets. There are many factors driving demand for vibration sensor technology, including growing awareness of the dangers of vibration hazard, reduction in manufacturing costs, improved safety and ergonomics, and reduction in maintenance costs.

Restraint

  • Currently, rising prices of sensors and increasing demand from government institutes and OEMs are hampering the growth of vibration sensor market, owing to increase in the usage of vibration sensors for accident prevention.
  • The market is also facing resistance from incumbents due to low adoption rates of vibration sensors among businesses.

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Global Vibration Sensor Market Competitive Landscape

Global vibration sensor market is highly fragmented. As new entrants have obstacles in reaching out to customers, the presence of multinational sensor manufacturers with established brand identities in the market is predicted to have a dramatic impact on the intensity of competitive competition. Brand identity has a significant impact on customer behaviour. As a result, well-known enterprises have a significant edge over other market participant. Texas Instruments, Honeywell, and Emerson are among the prominent participants in the global vibration sensor market.

Top Players Profiles 

Recent Developments

  • In May 2022, RMS partnered with Sensoteq, one of the leading players in vibration sensor market, launched a product called Kappa X Wireless Vibration Sensor.
  • In March 2022, Ethisphere, a global leader in defining and advancing the standards of ethical business practises, has named TE Connectivity, a world leader in connectors and sensors, as one of the 2022 World's Most Ethical Companies.

Global Vibration Sensor Key Market Trends

  • Increasing demand from the automotive industry, expanding industrial applications, and rising adoption in the construction and maintenance sector.
  • Increased demand for vibration sensors that can detect and avoid gas leaks.

Global Vibration Sensor Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our business information services team that collects, collates, co-relates and analyses the data collected by means of primary exploratory research backed by the robust secondary desk research.

According to our market analysis, the global vibration sensor market is growing at a CAGR of over 6.89%. The main reasons for this growth are increasing demand from the automotive industry, expanding industrial applications, and rising adoption in the construction and maintenance sector. The automotive industry is one of the key drivers of the vibration sensor market. This is because it is constantly evolving and adding new features to its cars. In addition, the increasing popularity of alternative fuels has led to an increase in the usage of electric cars. Consequently, there is an increased demand for vibration sensors that can detect and avoid gas leaks. Another key factor driving demand for vibration sensor is their expanding industrial applications. These applications include mining, oil and gas production, civil engineering, power generation, transportation, and manufacturing among others. They are also being used in construction and maintenance sectors such as construction site monitoring, bridge inspection, car maintenance etc.

 

Report Metric Details
Segments covered
  • Product
    • Accelerometers, Velocity Sensors, Displacement Sensors, Proximity Probes
  • Output Type
    • Analog, Digital
  • Application
    • Automotive & Transportation, Consumer Electronics, Healthcare, Oil & Gas, Chemical, Aerospace & defence
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered s Profiles 

Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Vibration Sensor Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Vibration Sensor Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Vibration Sensor Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Vibration Sensor Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Vibration Sensor Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Vibration Sensor Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQ's

Global vibration sensor market is valued at USD 5.45 billion in 2021, and it is anticipated to attain a value of USD 8.69 billion by 2028, at a CAGR of 6.89% over the forecast period (2022–2028).

 

 

Global vibration sensor market is highly fragmented. As new entrants have obstacles in reaching out to customers, the presence of multinational sensor manufacturers with established brand identities in the market is predicted to have a dramatic impact on the intensity of competitive competition. Brand identity has a significant impact on customer behaviour. As a result, well-known enterprises have a significant edge over other market participant. Texas Instruments, Honeywell, and Emerson are among the prominent participants in the global vibration sensor market.'Baker Hughes Company (US)','TE Connectivity (Switzerland)','SKF (Sweden)','Honeywell International Inc. (US)','Emerson Electric Co. (US)','Robert Bosch (Germany)','NXP Semiconductors (Switzerland)','Omron Corp. (Japan)','Rockwell Automation Inc. (US)','National Instruments (US)'

 

 

Vibration sensor market is being driven by the increasing adoption by many companies because it is a cost-effective way to protect equipment and assets. There are many factors driving demand for vibration sensor technology, including growing awareness of the dangers of vibration hazard, reduction in manufacturing costs, improved safety and ergonomics, and reduction in maintenance costs.

 

 

Increasing demand from the automotive industry, expanding industrial applications, and rising adoption in the construction and maintenance sector.

 

 

Asia Pacific vibration sensor market garnered around 45% of the global revenue in 2021 and is expected to grow at the fastest CAGR of 8% from 2022 to 2028. This can be attributed to rising government initiatives to encourage automotive-grade semiconductor manufacturing. South Korea, for example, committed USD 176.8 billion in March 2021 to increase the country's automotive semiconductor output. It assists local enterprises in the production of sensors, chips, wafers, and other semiconductor components. The government intends to alleviate the worldwide semiconductor shortage in the automobile industry, which is expected to drive the regional vibration sensor market to next level.

 

 

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Global Vibration Sensor Market

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