The Global Industrial Vibration Sensor Market 2017-2018 - Forecast to 2026 featuring GE, Schaeffler, Analog Devices, Omron, SKF, ABB, and More - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 30, 2018--The “Industrial Vibration Sensor - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the Global Industrial Vibration Sensor market is expected to grow at a CAGR of 13.21% by 2026.
The growth of the market is propelled by rising reputation of smart factories which drive the need for sensing technologies, increasing demand for collaborative robots and growing emergence of fiber optic sensors will gain traction in the market during the forecast period.
Moreover, the acceptance of vibration sensing technologies will lead to high manufacturing rates and decreases wastage and also ensure improved quality control. However, approach and usability from the end-user segment is creating hurdles in the market growth.
Depending on end-user, the process industries segment dominated the global market owing to rise in demand for security measures in industries such as power, oil & gas, mining, food and beverage. Also, due to the attachment of sub-processes and critical situations in intense working situations, the use of these vibration sensors is more in process industries.
Based on geography, the Asia Pacific region is projected to dominate the global market owing to rising urbanization, growing demand for wide power generations and establishment of new oil and gas plants.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porter’s Five Forces Analysis
5 Global Industrial Vibration Sensor Market, By Product
6 Global Industrial Vibration Sensor Market, By End-User
7 Global Industrial Vibration Sensor Market, By Geography
8 Key Developments
9 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/krjb97/the_global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180830005525/en/
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Related Topics:Sensors,Vibration Sensors
INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY SEMICONDUCTOR
SOURCE: Research and Markets
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PUB: 08/30/2018 10:20 AM/DISC: 08/30/2018 10:20 AM