Vibration Sensor Market Top Companies to Watch Out General Electric Company, Schaeffler Technologies, Analog Devices, National Instruments Corporation, Wilcoxon Sensing Technologies

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.

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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.

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 2015-2035, 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.

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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