Vibration Sensors Market Size, Share, Trends, Growth and Forecast 2032

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The vibration sensors market is driven by the growing adoption of automation in the manufacturing industry. The introduction of “Industrial Internet of Things” (IIoT) has led to the upsurge in the demand for vibration sensors. These sensors remotely capture simple vibrations and screen data in case of any imbalance or misalignment. Increasing funds in IIoT is expected to fuel the vibration sensors market in the years ahead. In 2016, IoT spending in the manufacturing industry was USD 178 billion and is expected to rise in the future. Furthermore, it is estimated that by 2023, IIoT will add USD 14.2 trillion to the global economy. Thus, the demand for vibration sensors is expected to rise in the upcoming years.

The growing sensors demand in the healthcare sector is fueling the vibration sensors market growth, as vibration sensors are mainly used in a wireless sensor network that consists of various sensors for measuring temperature, sound, light, and pressure. Various market players, such as TE Connectivity Ltd., are focusing on offering vibration sensors for the healthcare sector. However, maintaining regulatory compliance during the manufacturing of these sensors may adversely affect the market over the forecast time period. Alternatively, the adoption of advanced technologies, such as fiber optic sensors and laser interferometers, will open new growth avenues for this market in the upcoming years.

The vibration sensors market is fragmented on the basis of product and application. On the basis of product, the market includes electromagnetic velocity sensors, non-contact displacement sensors, and accelerometers. Non-contact displacement sensors are expected to grow notably, owing to the technological advancements. Based on application, the vibration sensors market comprises manufacturing, healthcare, energy and power, oil and gas, and others. The manufacturing segment is projected to substantially demand vibration sensors over the forecast years, owing to the increasing adoption of automation in various manufacturing sectors like automotive, consumer electronics, etc.

The Asia Pacific is estimated to hold a notable share of the global vibration sensors market in the future. South Korea, China, India, and Japan will witness huge product demand. The Middle East and Africa is projected to witness considerable growth in the vibration sensors market over the forecast timespan, owing to the growing sensors demand in the oil and gas sector. The UAE, Saudi Arabia, and Qatar are anticipated to be the most attractive countries in this regional market.

Some key players in vibration sensors market are Analog Devices, Honeywell International, Hansford Sensors, ASC, Keyence Corporation, MTI Instruments, Robert Bosch, National Instruments, TE Connectivity, and Safran Colibrys.