Vibration sensors market recorded annual revenue of $2844.6 million in 2017 and is estimated to grow at a CAGR of 5.6% during the forecast period 2018-2023 - PowerPoint PPT Presentation

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Vibration sensors market recorded annual revenue of $2844.6 million in 2017 and is estimated to grow at a CAGR of 5.6% during the forecast period 2018-2023

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Global Vibration sensors market recorded annual revenue of $2844.6 million in 2017 and is estimated to grow at a CAGR of 5.6% during the forecast period 2018-2023. Vibration sensors are witnessing prolific demand from industry verticals such as aerospace, automotive and food processing. Accelerometer is widely used for vibration sensing due to its extensive application range. Accelerometer segment has a market revenue of $1300.7 million in 2017 and is estimated to grow at a CAGR of 5.3% during the forecast period. – PowerPoint PPT presentation

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Title: Vibration sensors market recorded annual revenue of $2844.6 million in 2017 and is estimated to grow at a CAGR of 5.6% during the forecast period 2018-2023


1
Vibration Sensors Market 2018 - 2023
  • Vibration Sensors Market is anticipated to hit
    3.92 billion by 2023 at a CAGR of 5.58

2
APAC held the largest market share in the
Vibration Sensors Market
  • Asia Pacific region holds the largest market
    share in the Vibration Sensors Market and is
    anticipated to reach 1.52 billion by 2023 at a
    CAGR of 4.93. However, Americas witnesses
    highest growth during the forecast period and is
    expected to reach 1.38 billion by 2023 at a CAGR
    of 6.36. Asia Pacific is the biggest market for
    consumer electronics manufacturing, with China
    being the global leader. Along with it, China is
    also the biggest end user for smartphones with
    500 million people having access. This growth in
    smartphone consumption will fuel the demand for
    vibration sensors.
  • Contact sales_at_industryarc.com

3
Selected Market Share Analysis done in the
full report
  • The vibration sensors operate on several
    principles include the involvement of
    Accelerometer measurements. This covers
    amplification, current excitation, AC coupling,
    and filtering. The requirements and manufacturing
    technology for each of these respective
    technologies differ significantly. The Research
    Development is generally an in-house facility
    responsible for evaluating several parameters and
    specifications that are required to design
    vibration sensor. These parameters are mainly
    controlled by the applications where sensors need
    to be integrated. The applications are based on
    the engineering requirements corresponding to the
    instruments/devices where vibration sensors are
    embedded.

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4
Excerpts Market Growth Factors Mentioned in the
Full Report
  • Preferable environmental adaptability,
    anti-jamming ability, low impedance output and
    high resolution intensify the Vibration Sensors
    Market to a greater extent.
  • Escalating need for conditional monitoring in the
    industrial sector coupled with reduced cost of
    these sensors has driven the wide spread adoption
    of vibration sensing.
  • The demand for non-destructive testing in
    automotive industry and structural monitoring
    will drive the demand for vibration sensors.
  • Vibration Sensors Market revenue in wind energy
    and other various sectors is calculated to grow
    at a CAGR of 7.13 and is estimated to reach
    208.5 million by 2023.
  • Contact sales_at_industryarc.com

5
Key players of Vibration Sensors Market
  • TE Connectivity Ltd, Rockwell Automation,
    Honeywell, SKF AB, and Emerson occupies major
    share for the market.
  • Few other major companies in this market include
    Omron Corporation (Japan), Vibrasens(France),
    Monitran Ltd. (U.K.), GE Measurement Control
    (U.S.) and more.
  • These companies are analyzed based on their
    brands, product type and end-use application.

Download Sample Report
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6
You Can Customize the Report as Per Your Need. We
have included Some Customization Options
Key Contacts
Company Profile
Analyst Briefing
Data Tables
Contact sales_at_industryarc.com
7
About IndustryARC
  • IndustryARC is a research and consulting firm
    that publishes more than 500 reports annually in
    various industries, such as Agriculture,
    Automotive, Automation Instrumentation,
    Chemicals and Materials, Energy and Power,
    Electronics, Food Beverages, Information
    Technology, Life sciences Healthcare.
  • IndustryARC primarily focuses on Cutting Edge
    Technologies and Newer Applications of the
    Market. Our Custom Research Services are designed
    to provide insights on the constant flux in the
    global demand-supply gap of markets. Our strong
    analyst team enables us to meet the client
    research needs at a very quick speed with a
    variety of options for your business.
  • Contact sales_at_industryarc.com
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