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Vibration Sensor Market Share

  • Report ID: GMI5191
  • Published Date: Jan 2022
  • Report Format: PDF

Vibration Sensor Market Share

Prominent companies operating in the market are

  • Fluke Corporation
  • Amphenol (Maryland), Inc
  • PCB Piezotronics, Inc.
  • Murata Manufacturing Co., Ltd.
  • STMicroelectronics
  • Montronix GmbH
  • Analog Devices, Inc.
  • Althen

These market leaders are focusing on developing new products and strategic collaborations to accelerate their product offerings and cater to the high competitiveness among other market players.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Market size of vibration sensor surpassed USD 3 billion in 2021 and is expected to grow at a CAGR of 7% from 2022 to 2028 considering the increasing adoption of machine conditioning monitoring systems across the manufacturing sector.

Vibration sensors are used across various applications such as healthcare, aerospace & defense, automotive & transportation, chemical, consumer electronics, oil & gas, and others.

The accelerometers held for 45% of the market share in 2021 and is estimated to record a growth rate of 8.5% by 2028 owing to numerous high-end features such as durability in harsh conditions, low-cost implementation, wide frequency range, and linearity.

Asia Pacific market accounted for 45% of revenue share in 2021 and is slated to grow at 8% through 2028 driven by increasing government efforts towards the promotion of automotive-grade semiconductor manufacturing in the region.

Vibration Sensor Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 24
  • Tables & Figures: 248
  • Countries covered: 17
  • Pages: 250
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