Vibration Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Vibration Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global vibration sensor market size reached US$ 4.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.52% during 2023-2028.

A vibration sensor, or piezoelectric sensor, refers to mechanical equipment used for converting vibrations from objects into an electrical output. It is used to measure and record the changes in velocity, acceleration and displacement caused by faults in machines and rectify any external excitation, unbalanced centrifugal force or friction between surfaces. Accelerometer, velocity sensors, strain gauge, capacitive displacement sensors and laser displacement sensors are some of the commonly used vibration sensors. They are usually equipped with vibration sensor alarm and industrial health monitoring systems that aid in improving the operational efficiency and overall safety of the workers. As a result, these sensors find extensive applications across various industries, such as automotive, healthcare, aerospace and consumer electronics.

Rapid industrialization, along with increasing industrial automation, is one of the key factors driving the growth of the market. Furthermore, with the growing preference for customized machinery, equipment manufacturers are widely adopting vibration sensors to check for any discrepancies in the frequency levels. Additionally, various technological advancements, such as integration with the Industrial Internet of Things (IIoT), machine learning (ML), cloud computing and big data solutions, are acting as other growth-inducing factors. These systems are used in both process and discrete manufacturing for predictive maintenance. Apart from this, the development of high-sensitivity optical accelerometer for low-frequency vibrations and laser-based noncontact vibration sensors for structural health monitoring (SHM) is also contributing to the market growth. Other factors, including the increasing usage of vibration sensors in railway track monitoring systems to detect breaks and dislocation bodes, along with extensive research and development (R&D) activities, are anticipated to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global vibration sensor market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, technology, material and end-use industry.

Breakup by Product:

Accelerometers

Velocity Sensors

Non-Contact Displacement Transducers

Others

Breakup by Technology:

Piezoresistive

Strain Gauge

Variable Capacitance

Optical

Others

Breakup by Material:

Doped Silicon

Piezoelectric Ceramics

Quartz

Breakup by End-Use Industry:

Automotive

Healthcare

Aerospace and Defence

Consumer Electronics

Industrial Machinery

Others

Breakup by Region:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Analog Devices Inc., Bosch Sensortec GmbH (Robert Bosch GmbH), Dytran Instruments Inc., Emerson Electric Corp., FUTEK Advanced Sensor Technology Inc., Hansford Sensors Ltd., Honeywell International Inc., National Instruments Corporation, NXP Semiconductors N.V., Rockwell Automation, Safran Colibrys SA, SKF, TE Connectivity Ltd. and Texas Instruments Incorporated.

Key Questions Answered in This Report

1. What was the size of the global vibration sensor market in 2022?

2. What is the expected growth rate of the global vibration sensor market during 2023-2028?

3. What has been the impact of COVID-19 on the global vibration sensor market?

4. What are the key factors driving the global vibration sensor market?

5. What is the breakup of the global vibration sensor market based on the product?

6. What is the breakup of the global vibration sensor market based on the technology?

7. What is the breakup of the global vibration sensor market based on the material?

8. What is the breakup of the global vibration sensor market based on the end-use industry?

9. What are the key regions in the global vibration sensor market?

10. Who are the key players/companies in the global vibration sensor market?