MEA Vibration Sensors Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 0.00 % |
| Market Concentration | Low |
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*Disclaimer: Major Players sorted in no particular order |
MEA Vibration Sensors Market Analysis
The Middle East and Africa Vibration Sensors market is expected to increase to USD 2.20 Million by 2020 over the period 2018-2026. Vibration analysis and engine trim balance instruments and accessories for commercial and military aviation. As there is a rapid improvement in sensors as the airline industry usage is high where turbulence can be reduced.
- The customization in the vibration sensor is growing with respect to its size, load capacity, and frequency range. They are designed to pinpoint engine problems and eliminate unnecessary engine removals quickly. The sensing capabilities with respect to sensors and it's usage reduce with its end-user application.
- The restraints are technical; response time in analyzing the vibration can't be detected due to heavy signal load. The factors driving the growth of the Vibration Sensors market in Africa are its growing use in various applications, such as automotive and medical.
- 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 for 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.
MEA Vibration Sensors Market Trends
This section covers the major market trends shaping the MEA Vibration Sensors Market according to our research experts:
Aerospace & Defense End User to Hold Significant Share
- An 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.
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Accelerometers to Hold Maximum Market Share
- Accelerometers or acceleration sensors are primarily used to measure the acceleration or vibration of a moving device or system. The two main types of accelerometers used are Piezoelectric and MEMS accelerometers. The piezoelectric accelerometer is reliable, versatile, and unmatched for frequency and amplitude range. A MEMS sensor is a semiconductor that offers lower accuracy on frequency and amplitude but with improved power consumption.
- Accelerometers are used to measure the acceleration or vibration of a moving device or system. The adoption of accelerometers is increasing due to their applications in various end-user segments, such as aerospace and defense, industrial, consumer electronics, automotive, and other end-user industries, such as health care and energy.
- The increasing adoption of smart devices, such as smartphones, wearables, smart appliances, implantable or ingestible medical devices, among others that use accelerometers, is expected to drive the growth of the vibration sensors market over the forecast period.
- In April 2020, STMicroelectronics introduced a new 3-axis MEMS accelerometer device specially designed for vibration-sensing applications in smart maintenance applications. The IIS3DWB vibration sensor and the supporting STEVAL-STWINKT1 multi-sensor evaluation kit are designed to quicken the development of condition-monitoring systems.
- Also, ROHM Group company Kionix recently introduced a new set of accelerometers, KX132-1211 and KX134-1211, ideal for high accuracy, low power motion sensing applications in the industrial equipment and consumer wearable markets.
- The evolution and adoption of MEMS technology have resulted in the miniaturization of mechanical and electro-mechanical sensors and semiconductors using micro-fabrication and micro-machining techniques. This trend has further accelerated the rapid adoption of accelerometers in portable devices, as they offer enhanced capabilities in small unit sizes.
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MEA Vibration Sensors Industry Overview
The Middle East and Africa Vibration Sensors 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.
- Mar 2020: TE Connectivity Ltd has completed its public takeover of First Sensor AG. TE now holds 71.87% shares of First Sensor. In combination with First Sensor and TE portfolios, TE will be able to offer a broader product base, including innovative sensors, connectors, and systems, that supports the growth strategy of TE's sensors business and TE Connectivity as a whole.
- Aug 2020: Hansford Sensors Ltd launched a premium intrinsically safe triaxial range is the HS-173I Accelerometers, with PUR cable and conduit. The cable and conduit combination offers impressive compression, impact, and tensile strength. The HS-173I PUR Cable and Conduit is also available with round top design, available to order as HS-173IR. These Intrinsically Safe Triaxials are both certified for use in hazardous environments with European, the United States, and Australian approval. Sealed to IP68 and are available with a choice of options, including a range of operating sensitivities from 10mV/g to 500 mV/g and different mounting threads.
MEA Vibration Sensors Market Leaders
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SKF GmbH
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Emerson Electric Corporation
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Texas Instruments Inc.
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National Instruments Corporation
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Honeywell International Inc,
*Disclaimer: Major Players sorted in no particular order
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MEA Vibration Sensors Market News
- 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 the leading hydroelectric turbine controls company, American Governor Company. The addition of the American Governor Company builds on Emerson's technology capabilities and expertise in the renewable and power industry.
MEA Vibration Sensors Market Report - Table of Contents
1. Introduction
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. Research Methodology
3. Executive Summary
4. Market Dyanmics
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Increasing Need for Machine Monitoring and Maintenance
- 4.2.2 Longer Service Life, Self Generating Capability and Wide Range of Frequency of Vibration Sensors
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4.3 Market Restraints
- 4.3.1 Compatibility With Old Machinery
- 4.3.2 Critical and Hazardous Implication on the Environment
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4.4 Industry Attractiveness - Porter's 5 Forces
- 4.4.1 Threat of New Entrants
- 4.4.2 Threat of Substitute Products or services
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Bargaining Power of Buyers
- 4.4.5 Intensity of competitive rivalry
- 4.5 Industry Value chain analysis
5. Technology Snapshot
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5.1 Type of Technology
- 5.1.1 Inductive
- 5.1.2 Piezoelectric
- 5.1.3 Magnetic
- 5.1.4 Capacitive
- 5.1.5 Optic Fiber Sensor
6. Market Segmentation
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6.1 By product
- 6.1.1 Accelerometers
- 6.1.2 Proximity Probes
- 6.1.3 Tachometers
- 6.1.4 Others
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6.2 By Industry
- 6.2.1 Automotive
- 6.2.2 Helathcare
- 6.2.3 Aerospace and Defense
- 6.2.4 Consumer Electronics
- 6.2.5 Oil And Gas
- 6.2.6 Metals and Mining
- 6.2.7 others
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6.3 By Country
- 6.3.1 United Arab Emirates
- 6.3.2 Saudi Arabia
- 6.3.3 South Africa
- 6.3.4 Others
7. Competitive Landscape
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7.1 Company Profiles
- 7.1.1 SKF AB
- 7.1.2 National Instruments Corporation
- 7.1.3 Texas Instruments Incorporated
- 7.1.4 Analog Devices Inc.
- 7.1.5 Rockwell Automation Inc.
- 7.1.6 Emerson Electric Co
- 7.1.7 Honeywell International Inc.,
- 7.1.8 NXP Semiconductors N.V.
- 7.1.9 TE Connectivity Ltd.
- 7.1.10 Hansford Sensors Ltd.,
- 7.1.11 Bosch Sensortec GmbH (Robert Bosch GmbH)
- *List Not Exhaustive
8. Investment Outlook
9. Future of MEA Vibration Sensors Market
** Subject To AvailablityMEA Vibration Sensors Industry Segmentation
The Middle East and Africa Vibration Sensors Market is segmented on the basis of Type (Accelerometers, Electrodynamic Velocity Transducer, Non-Contact Displacement Transducer), By Material (Doped Silicon Sensors, Piezoelectric Ceramics, Quartz), By Technology (Hand Probes, Piezoelectric, Piezoresistive Sensors, Strain Gauge Sensor, Tri-Axial Sensor, Variable Capacitance Sensors) By Application (Aerospace, Automobile, Coal Mining and Quarry, Consumer Electronics, Food, Machine Monitoring, Medicine, Oil and Gas and Others), and Geography (North America, Europe, Asia Pacific, Middle East, and Africa, and Latin America).
| By product | Accelerometers |
| Proximity Probes | |
| Tachometers | |
| Others | |
| By Industry | Automotive |
| Helathcare | |
| Aerospace and Defense | |
| Consumer Electronics | |
| Oil And Gas | |
| Metals and Mining | |
| others | |
| By Country | United Arab Emirates |
| Saudi Arabia | |
| South Africa | |
| Others |
MEA Vibration Sensors Market Research FAQs
What is the current MEA Vibration Sensors Market size?
The MEA Vibration Sensors Market is projected to register a CAGR of 0% during the forecast period (2024-2029)
Who are the key players in MEA Vibration Sensors Market?
SKF GmbH, Emerson Electric Corporation, Texas Instruments Inc., National Instruments Corporation and Honeywell International Inc, are the major companies operating in the MEA Vibration Sensors Market.
What years does this MEA Vibration Sensors Market cover?
The report covers the MEA Vibration Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the MEA Vibration Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
MEA Vibration Sensors Industry Report
Statistics for the 2024 MEA Vibration Sensors market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. MEA Vibration Sensors analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
