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Aeroderivative Sensor Market Analysis

  • Report ID: GMI5359
  • Published Date: Jun 2023
  • Report Format: PDF

Aeroderivative Sensor Market Analysis

Aeroderivative Sensor Market Size, By Sensor Type, 2021-2032, (USD Million)

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Based on sensor type, the aeroderivative sensor market is segmented into accelerometer, temperature sensor, vibration sensor, pressure sensor, and flame sensor. The flame sensor segment accounted for a major share of around 9% in 2022 and is expected to grow at a rapid rate till 2032. Flame sensors detect and monitor flames in aeroderivative systems to ensure personnel & equipment safety. By monitoring the presence of a flame, these sensors can trigger safety measures such as cutting off the gas flow or activating the fire extinguisher in the event of a fire or other accident. Flame retardants are used to prevent such accidents. Flame sensors monitor the combustion quality and stability of aeroderivative engines. They help operators optimize parameters, increase fuel efficiency, and reduce emissions by providing real-time feedback on flame characteristics such as intensity and shape. The need for flame sensors stems from the desire to obtain efficient & environment-friendly processes in aeroderivative systems. The increasing integration of flame sensors into advanced control & automation solutions is fueling their demand.
 

Aeroderivative Sensor Market Share, By End-use, 2022

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Based on end use, the aeroderivative sensor market is segmented into industrial, and marine. The industrial segment is expected to grow at a CAGR of over 9% from 2023 to 2032 as aeroderivative engines are widely used across the industrial power generation sector including peaking plants, distributed generation, and emergency backup power systems. These engines provide high efficiency and fast startup capabilities, making them suitable for fulfilling sudden spikes in power demand. The need to monitor & control engine parameters for ensuring reliable & efficient power generation is propelling the demand for aeroderivative sensors in the industrial power generation segment. Aeroderivative engines are also used in the chemical industry to power many processes such as compression and cooling. These engines offer reliability and the ability to operate in hazardous environments. Aeroderivative sensors are used to monitor engine failure and ensure the safety & efficiency of chemical plant equipment. The need for process control, safety, and optimization is boosting the sensor demand in the chemical industry.
 

China Aeroderivative Sensor Market Size, 2021-2032, (USD Million)

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Asia Pacific aeroderivative sensor market is expected to grow at a CAGR of over 10% from 2023 to 2032. The Asia Pacific region is experiencing rapid economic growth, with Southeast Asian countries including China and India, becoming important markets and business centers. Aeroderivative systems and sensors are in high demand in sectors such as power generation, oil & gas, and chemical processing. These industries require efficient & reliable electronic equipment to monitor and control engine failure, thereby proliferating the aeroderivative sensors market growth. Asia Pacific is witnessing increased demand for electricity owing to population growth, urbanization, and economic development. Aeroderivative engines are used for power generation, especially in remote areas with limited power supplies. The increasing number of air-derived engines for power generation is creating demand for sensors to ensure the safety and efficiency of these engines.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for aeroderivative sensor was valued at over USD 298.6 in 2022 and is anticipated to grow at a CAGR of over 9% between 2023 and 2032, driven by increasing demand for gas turbines.

The flame sensor segment accounted for a market share of around 9% in 2022, owing to the need to obtain efficient & environment-friendly processes in aeroderivative systems.

Asia Pacific market for aeroderivative sensor is expected to grow at a CAGR of over 10% from 2023 to 2032 as the region is experiencing rapid economic growth, with product demand from sectors such as power generation, oil & gas, and chemical processing.

Bently Nevada (Baker Hughes), Columbia Research Laboratories, Inc., Conax Technologies, EthosEnergy, KISTLER INSTRUMENT CORP., Kulite, Meggitt PLC, PCB Piezotronics, Inc. among others.

Aeroderivative Sensor Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 288
  • Countries covered: 21
  • Pages: 200
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