The global vibration sensor market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Vibration sensors are the devices, that detect vibrations and convert them into an electric current. With the growth witnessed in the machine condition monitoring as well as maintenance, these systems are also being increasingly more adopted. In the recent years, vibration systems have been extensively utilized for monitoring the condition of machines, building and bridges, and for the prediction of natural disasters, which is expected to boost the growth of the market during the forecast period. The growing demand for predictive in rotating machinery, such as motors, pumps, bearings, and turbines, among others, are also boosting the growth of the vibration sensor market.
The technologies like Machine Learning (ML) and Internet of Things (IoT), wireless sensor networks, cloud-based analysis, and big statistics have found their way into the world of machine vibration measurements. These systems are utilised in both discrete manufacturing as well as process manufacturing for predictive maintenance, which is further boosting the market growth during the forecast period.
The global vibration sensor market analysis includes some of the key market players such as Advanced Sensors Calibration GmbH, Inc., Analog Devices, Inc., Dytran Instruments, Inc., Honeywell International, Inc., and Robert Bosch GmbH, among others. In order to maintain a strong position in the market, these market players are adopting various strategic moves, such as product launches, partnerships, collaborations, and mergers and acquisitions.
Recent Developments:
Market Coverage
Competitive Landscape: Advanced Sensors Calibration GmbH, Inc., Analog Devices, Inc., Dytran Instruments, Inc., Honeywell International, Inc., and Robert Bosch GmbH, among others.
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global Vibration Sensor Market By Segment
By Type
• Accelerometers
• Velocity Sensor
• Displacement Sensor
By End-User
• Automobile
• Consumer Electronics
• Healthcare
• Aerospace & Defense
• Oil & Gas
• Others
Global Vibration Sensor Market By Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World