123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Technology,-Gadget-and-Science >> View Article

Vibration Sensor Market - Growth, Trends, Covid-19 Impact, And Forecasts (2021 - 2026)

Profile Picture
By Author: Statzy Market Research
Total Articles: 979
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

​- The innovations and developments in technology led to better functioning and improved the productivity of machines. Thus, machine condition monitoring plays an important role in improving the machine's performance.

- Although the demand for vibration sensors has been on the rise since the last few years, compatibility concerns, especially in the case of old equipment, have been identified as major challenges affecting the market.

​- With the increasing energy demand, there is an increasing need for energy efficiency, which can only be obtained from the optimal maintenance of the electricity supply machinery.

- Owing to the recent COVID-19 outbreak, the global supply chain and demand for multiple products have experienced disruption. Moreover, due to the production shutdown in China, multiple industries have observed a shortage of supply of various products during February and March 2020. Vendors in the market are, however, trying to provide services to industries, which is helping them in getting revenues.

Key Market Trends

Aerospace & Defense End User to Hold Significant Share

- ...
... Increase in situational awareness to drive operations, cost-effective maintenance, and increase in asset utilization are some of the key factors driving the demand for aircraft health monitoring systems.

- The passenger traffic in Europe and other major aviation markets, such as the United Kingdom and Germany, have witnessed growth in terms of the number of passengers and aircraft movements, which is expected to drive the market during the forecast period.

- Turbine engine failures are the primary cause of mechanical failures, which is increasing the costs; hence, users are increasingly turning to prognostic health management (PHM) systems to prevent these losses and to reduce maintenance costs. As vibration is the most common health monitoring parameter in the aerospace engine industry, the development of PHM systems is likely to have a direct impact on the growth of vibration sensors.

United Kingdom to Hold Significant Share in Europe Region

- The United Kingdom is home to the largest aerospace industry; with almost one fifth of the global revenues being generated form aerospace; the country is preceded only by the United States.

- Advanced vibration sensors are used for harsh application environments, like rotor track and balance (RT&B) in aircraft. They also serve applications in aircraft design and testing, offering both DC-response (static) and AC-response (dynamic) types of accelerometers.

- Growth of consumer electronics in the country has led to a rise in vibration sensors being integrated in the appliances. In 2016, retail volume growth of wearable electronics was driven by activity wearables, with 2.2 million sold products in the United Kingdom.

Formore sample reports please visit :- https://www.statzyreports.com/report/sr497060/vibration-sensor-market​
Competitive Landscape

The vibration sensor market is highly fragmented. The presence of global sensor manufacturers, with established brand identities in the market, is expected to have a profound influence on the intensity of competitive rivalry, as new entrants face challenges in reaching out to consumers. Brand identity plays a strong role in determining buyer behavior. Therefore, well-known companies have a considerable advantage over other players in the market. Some of the key players are Texas Instruments, Honeywell, and Emerson.

- June 2020 - National Instruments Corporations unveiled an updated brand identity including a new logo, visual identity, enhanced digital experiences and a brand campaign. Now known simply as NI, it is modernizing the test and measurement industry by coupling its rich software heritage with new cloud and machine learning capabilities.

- April 2020 - Emerson acquired leading hydroelectric turbine controls company, American Governor Company. The addition of American Governor Company builds on Emerson's technology capabilities and expertise in the renewable and power industry.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

For sample report please visit : www.statzyreports.com/report/sr497060/vibration-sensor-market

Contact Us:
Poojan Dogra
Public Relations Manager
Email : sales@statzyreports.com
Email : info@statzyreports.com
(IN) - +918484035727
(US) - +1415-871-0483
Website : www.statzyreports.com

More About the Author

StatzyReports is the premier global market research and business reports company based in India. StatzyReports.com functions under Statzy Market Research. We offer our expertise globally in services related to market research, business strategy consulting, surveys or questionnaire, forecast and statistical data analysis. Our experience working with major business and customer driven companies enabled us to develop some of the best winning strategies for succeeding in various global markets. Our globally renowned experts mastered the art of perfection with their unique skillset and vast experience in research and data analytics.

Total Views: 284Word Count: 617See All articles From Author

Add Comment

Technology, Gadget and Science Articles

1. Extract Restaurant Info From Lieferando Germany For Market Insights
Author: Food Data Scrape

2. Erp For Small Business: Unlock Growth & Beat Your Rivals
Author: Alex Forsyth

3. Gain Sneaker Listings With Poizon Sneaker Data Scraping
Author: Retail Scrape

4. How Can A Doordash Dataset Help Data-driven Strategic Business Insights?
Author: Mobile App Scraping

5. Ai Creativity And The Rise Of Ai Art Generators | Impaakt
Author: Impaakt Magazine

6. Scrape Footlocker Product Data For Resale Success
Author: Actowiz Solutions

7. The Science Behind Nano Coating For Textiles And Sofas
Author: Vetro Power

8. Fabric Protection For Sofas_ A Profitable Value-add For Furniture Manufacturers
Author: Vetro Power

9. How Fabric Protection Can Extend The Life Of Your Commercial Spaces
Author: Vetro Power

10. Challenges In Integrating Organizational Change With Crm
Author: DialDesk

11. Insurance Portal Development: Key Features To Stay Ahead Of The Competition
Author: crmjetty

12. Amazon Usa | How Review Scraping Boosted Tech Brand Cx
Author: Mellisa Torres

13. How Does Web Scraping Help With Accurate Uber Eats Menu Price Tracking Methods?
Author: Retail Scrape

14. Scraping Zomato Data Uttarakhand: Food Insights Guide
Author: Actowiz Solutions

15. Why Enseur Is Among The Best Event Ticketing Platforms For Seamless Event Success
Author: Enseur Tech

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: