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The Europe vibration sensors market size is projected to grow at a CAGR of 6.6% between 2024 and 2032. The major factors propelling the market include rapid industrialisation and the shift towards predictive maintenance models.
The ratio between maintenance costs and added product value in continuous output-producing industries (such as food and beverage, energy, and chemicals) is higher than 25%. The economy of the European Union is highly dependent on the performance of its industrial maintenance sector, 1/3rd of which is outsourced. Any interruption in the production stage of critical items can lead to a substantial loss of profits for companies. Hence, it becomes critical to perform condition-based monitoring of critical machines. Vibration sensors play an important role in gauging the performance and condition of industrial machines by tracking their vibrations’ magnitude and frequency. This is expected to accelerate the Europe vibration sensors market development.
The increasing demand for piezoelectric ceramics for manufacturing vibration sensors is expected to emerge as one of the key Europe vibration sensors market trends. This is because they can efficiently convert the realised mechanical stress into electrical signals, which can be analysed to gain insights into machine behaviour and repair needs. Moreover, they also provide sensors with enhanced protection from dust, smoke, and moisture on the factory floor. Over the forecast period, quartz and doped silicon are also expected to become increasingly popular for manufacturing advanced vibration sensors.
Europe Vibration Sensors Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments
Market Breakup by Product
Market Breakup by Material
Market Breakup by Technology
Market Breakup by End Use
Market Breakup by Region
The key Europe vibration sensors market players are Robert Bosch GmbH, SKF AB, Rockwell Automation Inc., Emerson Electric Co., TE Connectivity Ltd., Honeywell International Inc., Monitran Ltd., Texas Instruments Inc., Analog Devices, Inc., NXP Semiconductors N.V., Hansford Sensors Ltd., and Murata Manufacturing Co., Ltd., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
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Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 6.6% between 2024 and 2032.
The different products in the market include accelerometers, velocity sensors, displacement sensors, and proximity probes.
The different technologies in the market include piezoresistive, strain gauge, optical sensor, and hand probe, among others.
The different materials used in vibration sensors are doped silicon, piezoelectric ceramics, and quartz.
The major regions in the market include Germany, the United Kingdom, France, and Italy, among others.
The key market players are Robert Bosch GmbH, SKF AB, Rockwell Automation Inc., Emerson Electric Co., TE Connectivity Ltd., Honeywell International Inc., Monitran Ltd., Texas Instruments Inc., Analog Devices, Inc., NXP Semiconductors N.V., Hansford Sensors Ltd., and Murata Manufacturing Co., Ltd., among others.
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