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Vibration Sensor Market Revenue to Exceed USD 5 Billion by 2028 End

The global vibration sensor market has recorded a remarkable growth in research activities undertaken by various organizations over the recent years. Under one such study, the research team proposed a new plan for increasing the responsiveness of an optical fiber vibration sensor on the basis of microwave interferometry.


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Abhishek Bajpai

10 months ago | 3 min read

The global vibration sensor market has recorded a remarkable growth in research activities undertaken by various organizations over the recent years. Under one such study, the research team proposed a new plan for increasing the responsiveness of an optical fiber vibration sensor on the basis of microwave interferometry. The scheme would be realized via an optical Michelson interferometer, claimed researchers.

The study could deliver a new kind of high-precision fiber sensor for the measurement of temperature, vibration, and strain. Such activities are expected to help in gaining a deeper understanding of sensor operations, providing new opportunities for the disruption of industry potential.

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As per a new report published by GMI Inc., vibration sensor market size is poised to cross USD 5 billion by 2028.

Increase in collaborations by major players to support the market expansion

The industry has recorded an increase in partnership agreements by leading companies for the consolidation of their market position. For instance, in September 2021, Reality AI announced its plans of partnering with Fujitsu Component Limited. The deal would bring contactless vibration sensor to industrial and manufacturing applications. The sensor would be integrated with Reality AI’s RealityCheck AD.

Along with such initiatives, several industry players are also focusing on the introduction of new products for securing a competitive edge. Some of the major companies operating in the vibration sensor market comprise Emerson Electric Co., Baker Hughes Company, Robert Bosch GmbH, TE Connectivity, SKF, Honeywell International, Inc., and others.

Considering the regional landscape, the market share in Europe is expected to expand at a CAGR of 6% over 2022 and 2028. Furthermore, the industry revenue from chemical application is projected to grow at a CAGR of 8.5% through 2028.

Surging demand for wireless vibration monitoring; 5G to play a key role in technology development

The vibration sensor market is slated to record an increase in the demand for wireless monitoring services in the coming years. This has encouraged a number of market contenders to focus on the designing and development of advanced products.

Some of the instances have been mentioned below:

· Emerson’s AMS Wireless Vibration Monitor — As claimed by the company, the solution is a low-cost sensor that carries out prescriptive analytics. The product makes use of native software for the automatic identification of failure modes and the prevention of potential problems that involve rotating assets.

· In June 2021, SPM Instrument rolled out its Airius range of wireless vibration sensors in a 5G-ready version for data transmission through LTE-M. The sensors can be used in locations that are not covered by the plant’s local area network or Wi-Fi. These include motors, pumps, and rooftop fans in hydropower sites, pumping stations, or high-performance facilities.

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Similar developments are expected to open doors to new possibilities in the vibration sensor industry. The rising penetration of 5G technology is playing a pivotal part in fueling market expansion across various sectors.

To sum up, the upcoming years are expected to record an increase in the demand for aircraft engine health monitoring systems in the aerospace sector. This is likely to propel the need for the development of different types of vibration sensors catering to various industry-specific requirements.

Table of Contents (ToC) of the report:

Chapter 1 Methodology and Scope

1.1 Scope & definition

1.2 Methodology & forecast

1.3 Impact of COVID-19, by region

1.3.1 North America

1.3.2 Europe

1.3.3 Asia Pacific

1.3.4 Latin America

1.3.5 MEA

1.4 Data Sources

1.4.1 Primary

1.4.2 Secondary

Chapter 2 Executive Summary

2.1 Vibration sensor market 3600 synopsis, 2017–2028

2.1.1 Business trends

2.1.2 Regional trends

2.1.3 Product trends

2.1.4 Output trends

2.1.5 Application trends

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global Market Insights Inc.

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