Vibration Sensor Market Trends

Growth Drivers

• Permanent Switch from Preventive to Predictive Maintenance – Due to the advantages it provides, predictive maintenance is quickly gaining acceptance in the worldwide manufacturing sector. It is being used extensively, particularly in capital-intensive industries like the automobile and oil and gas sectors. The state of machinery and equipment can be monitored using a variety of predictive maintenance tools and procedures to spot wear and other failure signs. As a result, the shift from preventive to predictive maintenance has a big impact on the market for vibration sensor.

• Development of Cutting-Edge Sensor Technologies – The development of sensor technologies has been accelerating. Around the world, the use of cutting-edge sensor like wireless sensor, fiber-optic sensor, and micro-electro-mechanical system (MEMS) sensor is rising steadily. Most monitoring applications use sensor that can withstand harsh weather conditions. In order to provide reliable data, numerous sensor are deployed in wireless sensor networks. Therefore, the market for vibration sensor has a chance to grow as a result of the utilization of these cutting-edge sensor technologies.

• Increased Use in Navigation System - It might also be applied to satellite- and submarine-based navigation systems, which lack GPS capability. In recent years, the use of the Inertial Measurement Unit (IMU) in autonomous vehicles has increased, presenting a new possibility for market expansion. The IMU, which is made up of a gyroscope and an accelerometer, can detect the gravity and angular rate of an item to which it is attached.

Challenges

• Adherence to Governing Standards – Currently, a number of standards govern or provide guidance for vibration monitoring and analysis, some of which classify measuring and data analysis techniques. The ISO has created and published a variety of pertinent standards that are useful for monitoring and analyzing machine vibration. These industry standards must be followed by producers of various vibration-monitoring sensor, instruments, and equipment. The producers are no longer free to create their products using their own standardized processes thanks to industry standards, which may also increase the price of the final product. This factor may hamper the market growth.

• Remote Locations have Limited Access to Experts

• Operation-Related Problems in High Temperature