Vibration Sensor Market To Exceed USD 8.19 Billion By 2032, Driven By Demand For Predictive Maintenance And Automation | Research By SNS Insider

Austin, Jan. 07, 2025 (GLOBE NEWSWIRE) -- market Size & Growth Insights:

According to the SNS Insider,“The Vibration Sensor Market Size was valued at USD 4.29 Billion in 2023 and is expected to reach USD 8.19 Billion by 2032 and grow at a CAGR of 7.5% over the forecast period 2024-2032.”

Rising Demand for Vibration Sensors Driven by Predictive Maintenance and Industry 4.0

The Vibration Sensors Market has experienced rapid growth and is poised for continued expansion due to their integral role in industries like automotive, aerospace, healthcare, consumer electronics, and manufacturing. Accelerometers, or vibration sensors, are crucial for monitoring vibrations, shocks, and accelerations, ensuring the health of machinery and structural integrity. With the rise of digital twins and predictive maintenance, the demand for vibration sensors is increasing, enabling real-time monitoring, early fault detection, and optimized performance.

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Leading Market Players with their Product Listed in this Report are:

• Baumer (Inductive Proximity Sensors, Capacitive Proximity Sensors)
• Bosch Sensortec GmbH (MEMS Accelerometers, MEMS Gyroscopes)
• TE Connectivity (Vibration Sensors, Vibration Switches)
• NATIONAL INSTRUMENTS CORP (LabVIEW Vibration Analysis Software, CompactDAQ Vibration Measurement System)
• Honeywell International Inc. (Vibration Sensors, Vibration Monitoring Systems)
• SAFRAN (Vibration Sensors, Vibration Monitoring Systems)
• Hansford Sensors (Vibration Sensors, Vibration Monitoring Systems)
• DYTRAN INSTRUMENTS INC (Vibration Sensors, Vibration Monitoring Systems)
• Analog Devices, Inc. (Vibration Sensors, Vibration Monitoring Systems)
• ASC GmbH (Vibration Sensors, Vibration Monitoring Systems)
• Endress+Hauser (Vibration Sensors, Vibration Monitoring Systems)
• Murata Manufacturing Co., Ltd . (Vibration Sensors, Vibration Monitoring Systems)
• Omron Corporation (Vibration Sensors, Vibration Monitoring Systems)
• Pepperl+Fuchs (Vibration Sensors, Vibration Monitoring Systems)
• IFM Electronic GmbH & Co. KG (Vibration Sensors, Vibration Monitoring Systems)
• Sick AG (Vibration Sensors, Vibration Monitoring Systems)
• Banner Engineering Corp. (Vibration Sensors, Vibration Monitoring Systems)
• Rockwell Automation Inc . (Vibration Sensors, Vibration Monitoring Systems)
• Siemens AG (Vibration Sensors, Vibration Monitoring Systems)
• ABB Group (Vibration Sensors, Vibration Monitoring Systems)
• IMI Sensors .

Vibration Sensors Market Report Scope:

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Growth Drivers and Market Dynamics in the Vibration Sensor Industry: Key Trends by End-Use and Type

By End Use

In 2023, the Automotive segment held the largest market share at 25%, largely due to the increasing use of vibration sensors in vehicles for monitoring engine vibrations and detecting issues like knocking before they worsen. With more focus on vehicle safety, governments have enforced stricter measures, driving demand for these sensors.

The Aerospace and Defence sector is expected to grow at a CAGR of 9.62%, with vibration sensors playing a crucial role in applications such as inertial navigation, guidance systems, and turbine engine failure monitoring. The rise of Prognostic and Health Management (PHM) systems further fuels this growth.

By Type

In 2023, the Accelerometer segment dominated the vibration sensor market, capturing 41% of the revenue share. This growth is attributed to the rising demand for motion-sensing technologies across industries. In automotive, accelerometers are increasingly used in vehicle stability control and advanced driver-assistance systems (ADAS), with a projected 15% growth in demand.

The consumer electronics sector also plays a significant role, with over for devices like smartphones and wearables. Meanwhile, the Displacement Sensors segment is experiencing the highest CAGR of 9.33%, driven by their precision in detecting defects in PCBs and applications in elevator systems.

Regional Insights: North America and Asia Pacific Lead the Vibration Sensor Market Growth

In 2023, North America held the largest market share at around 35%, driven by strong industrialization, a robust automotive sector, and significant investments in aerospace and defense. The region's advanced manufacturing landscape and widespread adoption of automation technologies boost vibration sensor demand, especially in automotive engine performance monitoring and aerospace turbine engine health. Regulatory requirements and consumer safety expectations also contribute to this growth.

Asia Pacific is projected to experience the fastest growing over the forecast period CAGR of 9.7%, with automation in industries like manufacturing driving demand for vibration sensors. Low labor costs in countries like China, India, and South Korea further fuel this growth, with China leading in smart manufacturing adoption.

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Recent Development

• January 8, 2024: Bosch Sensortec launched the BMA530 and BMA580, the world's smallest MEMS accelerometers, measuring just 1.2 x 0.8 x 0.55 mm3. These advanced sensors, with built-in features like step counters and voice activity detection, cater to the growing demand for compact, energy-efficient solutions in wearables and hearables
• December 10, 2024: Endress+Hauser launched the Proline Promass U 500 Coriolis flowmeter, designed for single-use biopharmaceutical applications. This advanced flowmeter meets cGMP criteria, offering high accuracy, precision, and traceable calibration, with a user-friendly interface for simplified handling in biotechnological processes.
• February 5, 2024: Siemens enhances its Senseye Predictive Maintenance solution with new generative AI functionality, making predictive maintenance more conversational and intuitive. This upgrade combines AI with machine learning to improve machine behavior modeling and streamline decision-making, addressing skill shortages in the maintenance sector and boosting efficiency.

T able o f Contents - Major Points

1. Introduction

2. Executive Summary

3. Research Methodology

4. Market Dynamics Impact Analysis

5. Statistical Insights and Trends Reporting

5.1 Wafer Production Volumes, by Region (2023)

5.2 Chip Design Trends (Historic and Future)

5.3 Fab Capacity Utilization (2023)

5.4 Supply Chain Metrics

6. Competitive Landscape

7. Vibration Sensors Market Segmentation, by Material Type

8. Vibration Sensors Market Segmentation, by Technology Type

9. Vibration Sensors Market Segmentation, by End-use

10. Regional Analysis

11. Company Profiles

12. Use Cases and Best Practices

13. Conclusion

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