Vibration Sensors Market by Sensor Type (Accelerometers, Displacement Sensors, Gyroscopes), Material (Doped Silicon, Piezoelectric Ceramics, Quartz), Equipment, Industry - Global Forecast 2024-2030
Description
Vibration Sensors Market by Sensor Type (Accelerometers, Displacement Sensors, Gyroscopes), Material (Doped Silicon, Piezoelectric Ceramics, Quartz), Equipment, Industry - Global Forecast 2024-2030
The Vibration Sensors Market size was estimated at USD 5.77 billion in 2023 and expected to reach USD 6.19 billion in 2024, at a CAGR 7.33% to reach USD 9.48 billion by 2030.
The vibration sensors market primarily comprises devices that measure, analyze, and report vibrations in machinery and industrial applications. The vibration sensors include accelerometers, velocity sensors, and displacement sensors involved in process automation or equipment condition monitoring. The emergence of Industry 4.0 with robotic automation enhanced the need for machine condition monitoring, creating heavy demand for vibration sensors. The significantly growing automotive production and miniaturization across consumer electronics has also enhanced the necessity of vibration sensors. However, installation complexities and limited frequency ranges available in products may limit the market adoption for the vibration sensors. The incidences related to operational failure and inaccuracy issues of vibration sensors are also concerning factors for the market growth. Moreover, the ongoing advancements in design and model vibration sensors are expected to increase demand for predictive maintenance across industries. The government investments in energy and oil & gas industries are also expected to generate lucrative opportunities for the market growth.
Regional Insights
The Americas region has an advanced technological landscape that drives the need for sophisticated vibration monitoring systems to ensure safety standards and optimize process efficiency across industries. The increasing demand for high-performance products propels regional manufacturers to invest in research & development activities to enhance product features continuously. The European countries contribute significantly to market potential due to their strong emphasis on energy efficiency measures and stringent regulatory policies to reduce environmental impact across industries such as oil & gas extraction or mining operations. The increasing market demand from the oil & gas sector has increased product demand in the Middle East region. The rapid industrialization and urbanization in Asian countries such as China, India, and Japan have increased the demand for vibration sensors in the APAC region. The regional governments are promoting smart manufacturing practices in sectors including automotive, aerospace & defense, consumer electronics, and industrial machinery, which has increased the adoption of vibration sensors.
Market Insights
Market Dynamics
The market dynamics represent an ever-changing landscape of the Vibration Sensors Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
Market Drivers
- Rise of industry 4.0 with robotic automation and need for machine condition monitoring
- Growth in automotive production with adoption of enhanced vibration sensor features and miniaturization across consumer electronics
- Installation complexity and limited frequency range of vibration sensors
- Advancements in designs and models of vibration sensors
- Government investments in energy and oil & gas industries
- Concerns associated with failure and inaccuracy of vibration sensors
- Sensor Type: Increasing advancements into the velocity and accelerometers for improved performance efficiency
- Material: Emerging significance of piezoelectric ceramics and Quartz in vibration sensors
- Equipment: Growing consumer preferences for embedded systems and vibration analyzers in industrial settings
- Industry: Emerging applications into the energy & power and oil & gas industries to detect safety of rotating equipment
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Vibration Sensors Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Vibration Sensors Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
Wilcoxon Introduces Ultra-low Power Embedded Accelerometer
Wilcoxon Sensing Technologies, an Amphenol company, introduced the LVEP050-TO5 ultra-low power accelerometer. This accelerometer is specifically designed for embedded use in wireless vibration sensors and battery-powered vibration measurement applications. The TO-5 package used in the LVEP050-TO5 accelerometer is hermetically sealed, ensuring stable measurements over an extended operational lifetime. The LVEP050-TO5 ultra-low power accelerometer from Wilcoxon Sensing Technologies is a reliable and efficient solution for wireless vibration sensing applications.
CIMCON Digital Introduces VIBit-BP to Offer Wired and Battery-Powered Vibration Sensor for Industrial Asset Maintenance
CIMCON Digital launched VIBit-BP, a battery-powered vibration sensor that also provides a wired connection. This sensor is specifically designed for markets that either lack access to or cannot afford wired solutions. By leveraging advances in battery technology and low-power wireless networks, VIBit-BP ensures long-term usage without compromising performance. With its advanced technology and seamless integration into CIMCON's Industrial IoT platform, VIBit-BP provides businesses with reliable and efficient remote monitoring capabilities for enhanced machine health analysis.
HBK Enhances Sensor Offerings with Microstrain Acquisition
Hottinger Brüel & Kjær (HBK) completed the acquisition of MicroStrain Sensing Systems from Spectris plc for a total value of USD 37.6 million. With this acquisition, HBK aimed to expand its portfolio and expertise in testing and measurement for automation and smart manufacturing markets. With the integration into HBK, MicroStrain was expected to operate under the name “MicroStrain by HBK” to specialize in high-precision inertial and wireless sensing systems, which find application in various industries such as robotics, logistics, automation, unmanned vehicles, and mobility solutions. This acquisition aligns with HBK's strategic goals and establishes its position as a major provider in the vibration sensor industry.
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Vibration Sensors Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Vibration Sensors Market, highlighting leading vendors and their innovative profiles. These include Adash spol. s r.o., Advantech Co., Ltd., Allegro MicroSystems, LLC, Althen Sensors & Controls, Amphenol Corporation, Analog Devices, Inc., ASC GmbH, Baker Hughes Company, BalTech Co., Ltd., CEC Vibration Products LLC, Condition Monitoring Technology Group, CTS Corporation, Eaton Corporation PLC, Electromen Oy, Emerson Electric Co., Fluke Corporation, Grace Technologies, Inc., Hansford Sensors Ltd., Hitachi, Ltd., Honeywell International Inc., IFM Electronic GmbH, Infineon Technologies AG, Jewell Instruments, LLC, KCF Technologies, Inc., KEMET Corporation by Yageo Corporation, Kistler Instrumente AG, Knowles Electronics, LLC, Molex, LLC, Monitran Ltd., Montronix GmbH, Motionics, LLC, Murata Manufacturing Co., Ltd., National Control Devices, LLC, NXP Semiconductors N.V., Omega Engineering, Inc., Omron Corporation, Panasonic Holdings Corporation, Parker Hannifin Corporation, Pepperl+Fuchs Inc., Renesas Electronics Corporation, Resensys, LLC, RION Co., Ltd., Robert Bosch GmbH, Rockwell Automation, Inc., ROHM Co., Ltd., Schienle Magnettechnik + Elektronik GmbH, Shenzhen QR Technology Development Corporation Ltd., Siemens AG, SignalQuest, LLC, SKF Group, STMicroelectronics N.V., TDK Corporation, TE Connectivity Ltd., Teledyne FLIR LLC by Teledyne Technologies Incorporated, Texas Intruments Incorporated, TWK-Elektronik GmbH, and Yokogawa Electric Corporation.
Market Segmentation & Coverage
This research report categorizes the Vibration Sensors Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Sensor Type
- Accelerometers
- Displacement Sensors
- Gyroscopes
- Microphone Sensors
- Proximity Probes
- Velocity Sensors
- Material
- Doped Silicon
- Piezoelectric Ceramics
- Quartz
- Equipment
- Embedded System
- Vibration Analyzer
- Vibration Meter
- Industry
- Aerospace & Defence
- Automotive
- Chemical
- Consumer Electronics
- Energy & Power
- Food & Beverages
- Healthcare
- Metal & Mining
- Oil & Gas
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
Table of Contents
181 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rise of industry 4.0 with robotic automation and need for machine condition monitoring
- 5.1.1.2. Growth in automotive production with adoption of enhanced vibration sensor features and miniaturization across consumer electronics
- 5.1.2. Restraints
- 5.1.2.1. Installation complexity and limited frequency range of vibration sensors
- 5.1.3. Opportunities
- 5.1.3.1. Advancements in designs and models of vibration sensors
- 5.1.3.2. Government investments in energy and oil & gas industries
- 5.1.4. Challenges
- 5.1.4.1. Concerns associated with failure and inaccuracy of vibration sensors
- 5.2. Market Segmentation Analysis
- 5.2.1. Sensor Type: Increasing advancements into the velocity and accelerometers for improved performance efficiency
- 5.2.2. Material: Emerging significance of piezoelectric ceramics and Quartz in vibration sensors
- 5.2.3. Equipment: Growing consumer preferences for embedded systems and vibration analyzers in industrial settings
- 5.2.4. Industry: Emerging applications into the energy & power and oil & gas industries to detect safety of rotating equipment
- 5.3. Market Trend Analysis
- 5.3.1. Advancement in the MEMS technology featuring robust adoption of vibration sensors across the Americas
- 5.3.2. Strong manufacturing base for industrial vibration sensors in Asia-Pacific backed by emphasis on extensive R&D by market players and academia
- 5.3.3. Significant opportunities for market growth for players in EMEA, driven by innovation, collaboration, and strategic business expansions
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework Analysis
- 6. Vibration Sensors Market, by Sensor Type
- 6.1. Introduction
- 6.2. Accelerometers
- 6.3. Displacement Sensors
- 6.4. Gyroscopes
- 6.5. Microphone Sensors
- 6.6. Proximity Probes
- 6.7. Velocity Sensors
- 7. Vibration Sensors Market, by Material
- 7.1. Introduction
- 7.2. Doped Silicon
- 7.3. Piezoelectric Ceramics
- 7.4. Quartz
- 8. Vibration Sensors Market, by Equipment
- 8.1. Introduction
- 8.2. Embedded System
- 8.3. Vibration Analyzer
- 8.4. Vibration Meter
- 9. Vibration Sensors Market, by Industry
- 9.1. Introduction
- 9.2. Aerospace & Defence
- 9.3. Automotive
- 9.4. Chemical
- 9.5. Consumer Electronics
- 9.6. Energy & Power
- 9.7. Food & Beverages
- 9.8. Healthcare
- 9.9. Metal & Mining
- 9.10. Oil & Gas
- 10. Americas Vibration Sensors Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Vibration Sensors Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Vibration Sensors Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. Market Share Analysis, 2023
- 13.2. FPNV Positioning Matrix, 2023
- 13.3. Competitive Scenario Analysis
- 13.3.1. Wilcoxon Introduces Ultra-low Power Embedded Accelerometer
- 13.3.2. CIMCON Digital Introduces VIBit-BP to Offer Wired and Battery-Powered Vibration Sensor for Industrial Asset Maintenance
- 13.3.3. HBK Enhances Sensor Offerings with Microstrain Acquisition
- 13.3.4. Fluke Reliability Acquires Azima DLI to Add AI-Powered Vibration Analysis
- 13.3.5. KCF Technologies Expands Patent Portfolio with Addition to Machine Health Optimization Platform
- 13.3.6. Geospace Technologies Awarded USD 5.7 Million Sensor Contract
- 13.3.7. Infinite Uptime Raises USD 18.85 Million in Series B3 Funding Led by Tiger Global
- 13.3.8. Envision Energy Leverages MEMS Sensor Technology by Analog Devices to Build Smarter and Safer Wind Turbines
- 13.3.9. Honeywell Launches Versatilis Transmitters That Help Plant Operators Improve Rotating Equipment Availability And Reliability
- 13.3.10. IMI Sensors Launches Low-Cost 4-20mA Velocity Transmitter
- 13.3.11. NSXe's Low-cost Wi-Fi Vibration Sensor conanair Launched in the U.S. to Diagnose Bearing Failures with New Technology
- 13.3.12. TDK Collaborates with Texas Instruments on New I3 Micro Module, a Sensor Module with Built-In Edge Ai and Wireless Mesh Connectivity
- 13.3.13. HARMAN Unveils Automotive Embedded Audio Products to Bolster In-Vehicle Experience and Safety
- 13.3.14. STMicroelectronics enables quieter cabins for the electric-vehicle age with advanced vibration sensor to eliminate road noise
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.2. Key Product Portfolio
Pricing
Currency Rates
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