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Vibration Sensor Market Research by Industry Size 2019| Growth Analysis with CAGR Status, Top Key Players, Industry Size and Forecast to 2024 – Industry Research.co

Vibration

The “Vibration Sensor Market” Research Report provides internal and external data and expert surveys in the Vibration Sensor industry. This report has commitments to market factors, Vibration Sensor market drivers, constraints, difficulties, patterns and market factors for which disclosure is broadly described. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

Vibration Sensor Market Report Also Covers Marketing Strategy Analysis, Top Manufacturers:

  • Rockwell Automation Inc
  • SKF GmbH
  • National Instruments Corporation
  • Texas Instruments Incorporated
  • Analog Devices, Inc.
  • Emerson Electric Corp.
  • Honeywell International Inc.
  • NXP Semiconductors NV
  • TE Connectivity Ltd.
  • Hansford Sensors Ltd.
  • Bosch Sensortec GmbH (Robert Bosch GmbH)

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    Market Overview:

  • The global vibration sensor market was valued at USD 3,354.73 million in 2018, and is expected to reach USD 5,150 million by 2024, registering a CAGR of 7.39% over the forecast period (2019-2024). In an increasingly competitive industrial market, where new features are required to produce smarter’ tools, monitoring the condition of various components has become a fundamental need. This is expected to boost the demand for vibration sensors over the forecast period.
  • The innovations and developments in technology led to better functioning and improved the productivity of machines. Thus, machine condition monitoring plays an important role in improving the machine’s performance.
  • Although the demand for vibration sensors has been on the rise since the last few years, compatibility concerns, especially in the case of old equipment, have been identified as major challenges affecting the market.
  • With the increasing energy demand, there is an increasing need for energy efficiency, which can only be obtained from the optimal maintenance of the electricity supply machinery.

    Scope of the Report:

  • Vibration monitoring and analysis are the important quality measurement phenomenon in modern industrial infrastructure. The three parameters that represent vibration monitors are velocity, acceleration, and displacement. The selection of the sensor is proportional to velocity, displacement, or acceleration, which depend on signal levels and frequency that are involved.

    Key questions answered in the report include:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Vibration Sensor market?
    • What are the key market trends impacting the growth of the global Vibration Sensor market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Vibration Sensor market?
    • What are the market opportunities and threats faced by the vendors in the global Vibration Sensor market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Vibration Sensor market?

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    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Vibration Sensor Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Vibration Sensor .

    Key Market Trends:

    Aerospace & Defense End User to Hold Significant Share

    Increase in situational awareness to drive operations, cost-effective maintenance, and increase in asset utilization are some of the key factors driving the demand for aircraft health monitoring systems.
    The passenger traffic in Europe and other major aviation markets, such as the United Kingdom and Germany, have witnessed growth in terms of the number of passengers and aircraft movements, which is expected to drive the market during the forecast period.
    Turbine engine failures are the primary cause of mechanical failures, which is increasing the costs; hence, users are increasingly turning to prognostic health management (PHM) systems to prevent these losses and to reduce maintenance costs. As vibration is the most common health monitoring parameter in the aerospace engine industry, the development of PHM systems is likely to have a direct impact on the growth of vibration sensors.

    United Kingdom to Hold Significant Share in Europe Region

    The United Kingdom is home to the largest aerospace industry; with almost one fifth of the global revenues being generated form aerospace; the country is preceded only by the United States.
    Advanced vibration sensors are used for harsh application environments, like rotor track and balance (RT&B) in aircraft. They also serve applications in aircraft design and testing, offering both DC-response (static) and AC-response (dynamic) types of accelerometers.
    Growth of consumer electronics in the country has led to a rise in vibration sensors being integrated in the appliances. In 2016, retail volume growth of wearable electronics was driven by activity wearables, with 2.2 million sold products in the United Kingdom.

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    Detailed TOC of Vibration Sensor Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Need for Machine Condition Monitoring and Maintenance
    4.3.2 Longer Service Life, Self Generating Capability, and Wide Range of Frequency of Vibration Sensors
    4.4 Market Restraints
    4.4.1 Compatibility With Old Machinery
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness- Porters Five Forces Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Accelerometers
    5.1.2 Velocity Sensors
    5.1.3 Non-contact Displacement Transducers
    5.1.4 Other Products
    5.2 By End-User Industry
    5.2.1 Automotive
    5.2.2 Healthcare
    5.2.3 Aerospace and Defence
    5.2.4 Consumer Electronics
    5.2.5 Oil and Gas
    5.2.6 Other End-user Industries
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 United Kingdom
    5.3.2.3 France
    5.3.2.4 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Rest of Asia-Pacific
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Mexico
    5.3.4.4 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 United Arab Emirates
    5.3.5.2 Saudi Arabia
    5.3.5.3 South Africa
    5.3.5.4 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Rockwell Automation Inc
    6.1.2 SKF GmbH
    6.1.3 National Instruments Corporation
    6.1.4 Texas Instruments Incorporated
    6.1.5 Analog Devices, Inc.
    6.1.6 Emerson Electric Corp.
    6.1.7 Honeywell International Inc.
    6.1.8 NXP Semiconductors NV
    6.1.9 TE Connectivity Ltd.
    6.1.10 Hansford Sensors Ltd.
    6.1.11 Bosch Sensortec GmbH (Robert Bosch GmbH)

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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