Global Industrial Vibration Sensor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Industrial Vibration Sensor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Industrial Vibration sensors are sensors for measuring, displaying, and analyzing linear velocity, displacement and proximity, or acceleration.

Industrial IOT Vibration Sensor is a smart sensor designed to monitor and record internal faults or hidden dangers of various devices. It can monitor the vibration of various devices online.

Market Overview:

The latest research study on the global Industrial Vibration Sensor market finds that the global Industrial Vibration Sensor market reached a value of USD 2700.73 million in 2022. It’s expected that the market will achieve USD 2785.99 million by 2028, exhibiting a CAGR of 0.52% during the forecast period.

Opportunities

Develop new products with new materials
Sensor materials are the important foundation of sensor technology. With the progress of material science, people can manufacture various new sensors. For example, high molecular polymer films are used to make temperature sensors, optical fibers can be used to make pressure, flow, temperature, displacement and other sensors, and ceramics are used to make pressure sensors. Polymers can adsorb and release water molecules in proportion to the relative humidity of the surrounding environment. The relative humidity can be obtained by making polymer dielectric into capacitor and measuring the change of capacitance. The polystyrene film temperature sensor made by plasma polymerization method based on this principle has the characteristics of wide humidity measuring range, wide temperature range, fast response speed, small size, small temperature coefficient, etc.

Introducing new technologies to develop new features

As people deepen their understanding of nature, they will continue to discover new physical effects, chemical effects, biological effects, and so on. With these new effects, new sensors can be developed to offer new possibilities for improving sensor performance and extending the range of sensors. At present, the biggest feature of the sensor industry is the continuous introduction of new technologies to develop new functions. For example, an inductive proximity switch that detects the position of a metal product detects the position of the metal product by the eddy current effect formed on the metal being measured when the metal object approaches an oscillating induction head capable of generating an electromagnetic field. Due to the different effects of different metal eddy current effects, the detection distances of different metals are different. Especially in the face of various alloys, the ordinary inductive proximity switches seem to be incapable, which requires manufacturers to work hard to improve product functions.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects

Company Overview:

The top three companies are Analog Devices, Inc., ABB Ltd and TE Connectivity with the revenue market share of 14.35%, 3.37% and 3.34% in 2018.

Analog Devices, Inc. designs, manufactures, and markets integrated circuits (ICs), algorithms, software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. The company offers data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; high-performance amplifiers to condition analog signals; and radio frequency and microwave ICs to support cellular infrastructure. It also provides power management and reference products for power management and conversion applications in the automotive, communications, industrial, and high-end consumer markets; and microelectromechanical systems technology solutions, including accelerometers used to sense acceleration, gyroscopes to sense rotation, and inertial measurement units to sense multiple degrees of freedom. In addition, the company offers isolators for various applications, such as universal serial bus isolation in patient monitors; and smart metering and satellite applications, as well as digital signal processing products for high-speed numeric calculations Its products are used in electronic equipment, including industrial process control systems, medical imaging equipment, factory automation systems, patient monitoring devices, instrumentation and measurement systems, wireless infrastructure equipment, energy management systems, networking equipment, aerospace and defense electronics, optical systems, automobiles, and portable electronic devices.

ABB Ltd manufactures and sells electrification, robotics and motion, industrial automation, and power grid products worldwide. Its Electrification Products segment provides modular substation packages, distribution automation products, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions. This segment serves building, data center, rail, wind and solar, food and beverage, marine, and oil and gas industries. The company’s Robotics and Motion segment offers robotics, motors, generators, drives, wind converters, components and systems for railways and related services, and digital services for applications in industries, transportation and infrastructure, and utilities. This segment serves machinery manufacturers, process industries, hybrid and batch manufacturers, transportation equipment manufacturers, discrete manufacturing companies, utilities, and customers in the automotive industry. Its Industrial Automation segment provides process and discrete control solutions, advanced process control software and manufacturing execution systems, sensing, measurement and analytical instrumentation and solutions, electric ship propulsion systems, machine and factory automation solutions, and turbochargers, as well as remote monitoring, preventive maintenance, and cybersecurity services. This segment serves companies in the oil and gas, minerals and mining, metals, pulp and paper, chemicals and pharmaceuticals

Segmentation Overview:

Among different product types, Industrial Vibration Accelerator Sensor segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Process Industries segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Industrial Vibration Sensor market covered in Chapter 3:

ABB Ltd
Montronix GmbH
PCB Piezotronics
Sensonics
OMRON Corporation
Hofmann
Murata Manufacturing
CEC Vibration Products
Wilcoxon Sensing Technologies
Safran Colibrys
Schaeffler
SKF
Analog Devices, Inc.
TE Connectivity
Ifm electronic

In Chapter 4 and Chapter 14.2, on the basis of types, the Industrial Vibration Sensor market from 2018 to 2029 is primarily split into:

Industrial Vibration Displacement Sensor
Industrial Vibration Velocity Sensor
Industrial Vibration Accelerator Sensor

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Industrial Vibration Sensor market from 2018 to 2029 covers:

Process industries
Discrete industries

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)