Vibration Sensors Market Opportunity By 2024 : Top Market Players are TE Connectivity, Safran Colibrys, Fluke Corporation, Honeywell, National Instruments and MEMSIC

Germany is expected to grow at a rapid rate during the forecast period due to the presence of vibration sensors market players, automotive industry manufacturers, and the high adoption of these sensors in the airline industry, making Europe a prominent region. The strong growth of the industrial sector facilitated by the surge in low-cost consumer and industrial products is a major factor for the large market size of the vibration sensors market in China. Japan is an earthquake-prone country and frequent earthquakes happen in Japan. Usage of the system is increasing in the region to reduce the loss, which occurs during earthquakes.

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Key industry players involved and promoting the growth of the global Vibration Sensors Market are as follows:

• TE Connectivity
• Dytran Instruments, Inc.
• Safran Colibrys
• Hansford Sensors Ltd
• Fluke Corporation
• S. C. INC.
• Honeywell
• National Instruments
• FUTEK Advanced Sensor Technology, Inc.
• MEMSIC
• Silicon Designs, Inc.
• Robert Bosch GmbH

The usage of these components in seismic intensity scales in detecting and preventing catastrophic events is anticipated to drive the vibration sensors market. These devices aid in the detection of small vibrations and send alerts to the users in the event of an oncoming natural calamity, such as an earthquake or a tsunami, thereby reducing the loss incurred in terms of property, financial funds, and human life.

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False alarms negatively impact the vibration sensors market. Repeated false alarms from faulty and tamper-proof burglar systems can cause the owners to incur heavy fines. In mining facilities and disaster evacuation, false alerts can stop operations for long durations, causing inconvenience and financial loss. On the contrary, these systems not working effectively can also be detrimental and hazardous owing to which companies operating in the vibration sensors market are required to constantly test these systems.

Rising concerns amongst people to safeguard their property is a major driver of the vibration sensors market. People are adopting the technology to secure their lockers. The alarm turns on if abnormal pressure is applied on the lockers, making the lockers more secure than before. Various government bodies across the world are placing a high focus on driver and automotive safety and have launched stringent regulations. For instance, these devices can detect knocking from an engine body and can prevent the cylinder walls and piston from being deformed by thermal stress.

Segmentation of the vibration sensors market by type includes electrodynamics, accelerometers, velocity transducers, and non-contact displacement transducers. Accelerometers will dominate in terms of revenue and growth owing to their high penetration in the consumer electronics sector. These components are used in detecting tilt and movement. For instance, an increasing number of companies is developing smartphones that use device movements for commands.

The application segment of the vibration sensors market comprises aerospace, coal and quarry sector, oil and gas, automotive, consumer, electronics machine and structure, medical, and pharmaceuticals. The airline industry is anticipated to witness a significant growth as the threats and risks associated with the industry are high. Vibrational sensors can detect electrical and mechanical motor faults and if the rotors are out of balance. These components can identify engine problems in advance and problems caused by air turbulence. The proliferation of vibration sensors market in the medical industry is anticipated to drive growth during the forecast timeframe. The system is used in imaging, surgical instruments, diagnostic, and therapeutic.

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Players in the vibration sensors market are TE Connectivity Ltd, Dytran Instruments, Colibrys Ltd., Hansford Sensors Ltd., Fluke Corporation, ASC GmbH, Inc., Honeywell International, Inc., National Instruments Corporation, FUTEK Advanced Sensor Technology, Inc., MEMSIC, Silicon Designs, Inc. and Robert Bosch GmbH. Players in the vibration sensors market are investing heavily in R&D activities to advance existing technologies and provide customized products to the customers to remain competitive. For instance, in December 2017, Fluke announced the launch of Vibration Sensor 3560 FC, which is a wireless, remote monitoring system that is designed to fit in hard-to-reach places.

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