Vibration Sensor Market

Vibration Sensor Market to Exhibit Steadfast
Expansion During 2018-2026
Vibration sensors Market study provides key insights about market
drivers, restraints, opportunities, new product launches or approval,
regional outlook, and competitive strategies adopted by the leading
players.
Vibration sensors, also known as vibration transducers, converts vibration into electrical
equivalent output. These sensors are used for measuring the level of vibration in rotary
machine. Vibration sensors are used to detect faults in machine components.
Vibration sensor aid in improving security as it is able to detect frequencies that can harm the
machinery as well the people working with the machines. Furthermore, it also aids in improving
the accuracy of the machinery. Factors differentiating vibration sensor from other sensors
include natural frequency, damping coefficient, and scale factor. Accuracy level of a vibration
sensor is determined by both the natural frequency and damping coefficient.
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The features that must be considered while selecting vibration sensors include measuring range,
frequency range, accuracy, transverse sensitivity, and ambient condition. Measuring range can
be in Gs (forces) for acceleration, in/sec for linear velocity and inches or other distance for
displacement and proximity. The amplitude and frequency range of the object has to be
estimated, as miscalculation can damage the vibration sensor. Therefore, ambient temperature
and humidity as well as temperature of the object has to be considered, while installing a
vibration sensor. Moreover, the environment it is installed in should also be free from dust, oil,
and water.
Global Vibration Sensor Market: Drivers
Wide range of frequency, self-generating ability, and long service life of vibration sensors are
some of the major factors driving growth of the vibration sensor market. Vibration sensors are
used wireless sensors. Therefore, increasing demand for wireless sensors is expected to lead to
growth of the vibration sensors market. For instance, in 2016 nuclear plants supplied 2477 TWh
of electricity, up from 2441 TWh in 2015, globally. Increasing use of wireless sensors in nuclear
power plant is expected to aid in growth of the global vibration sensor market.
Vibrations sensors are increasingly been used in manufacturing sector, owing to its high
efficiency. Vibration sensors are used to identify the changes in vibration levels, which can
determine if the machinery is functioning correctly. Furthermore, development in laser
interferometry such as position sensing device mainly used for position measurement and can
measure a position of a light spot in one or two dimensions on a sensor surface is another factor
expected to drive growth of the global vibration sensor market.
Global Vibration Sensor Market: Regional Insights
On the basis of region, the global vibration sensor market is segmented into North America,
Europe, Latin America, Asia Pacific, Middle East, and Africa. North America holds a dominant
position in the global vibration sensor market and is expected to retain its dominance over the
forecast period, owing to increasing usage of vibration sensors in the airline industry. According
to the International Air Transport Association (IATA), demand for airlines in North America
increased by 2.6% from 2014 to 2016. Airlines in this region is expected to exhibit the strongest
financial performance with net profit of US$ 16.4 billion in 2018.
Furthermore, Asia Pacific is expected to exhibit the highest growth in the global market. This is
owing to increasing demand for vibration sensors in growing aviation industry in emerging
economies in the region such as India and China. For instance, according to the International Air
Transport Association (IATA), Asia Pacific will exhibit highest demand for airlines from 20152035, as more than half of the passenger traffic is expected to come from Asia Pacific region. By
2024, China will be replacing the U.S. as the world’s largest aviation market. India will displace
the U.K. for third place in 2025, while Indonesia Japan will be ranked 5thand 7th respectively.
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Global Vibration Sensor Market: Competitive Landscape
Some of the key players operating in the global vibration sensor market include General Electric
Company, Schaeffler Technologies AG & Co. KG, Analog Devices, Inc., National Instruments
Corporation,
Wilcoxon
Sensing
Technologies,
ETS
Solutions
Asia
Pte
Ltd., SKF Group, Preditec/IRM (Alava Ingenieros Group), ABB AS, Waites Wireless Sensor
Technologies LLC, Pruftechnik Dieter Busch AG, BeanAir Germany, I-Care Group,
and Evigia Systems, Inc.
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Vibration Sensor Market provides profiles of leading players in the market based on the following parameters company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies.