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Industrial Vibration Sensor Market size is set to grow by USD 4.11 billion from 2024-2028, Growing need for workplace safety boost the market, Technavio

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NEW YORK, July 4, 2024 /PRNewswire/ — The global industrial vibration sensor market size is estimated to grow by USD 4.11 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 8.96%  during the forecast period. Growing need for workplace safety is driving market growth, with a trend towards growing innovation in vibration sensors. However, availability of other vibration measuring devices  poses a challenge. Key market players include AB SKF, ABB Ltd., Analog Devices Inc., CEC Vibration Products, Electro Sensors Inc., Hansford Sensors Ltd., Hofmann Mess und Auswuchttechnik GmbH and Co. KG, ifm electronic gmbh, Metra measurement and frequency technology in Radebeul eK, Monitran Ltd., Montronix GmbH, Murata Manufacturing Co. Ltd., OMRON Corp., PCB Piezotronics Inc., ROGA Instruments, Safran SA, Schaeffler AG, Sensonics Ltd., StrainSense Ltd., and TE Connectivity Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Industrial Vibration Sensor Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 8.96%

Market growth 2024-2028

USD 4113.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

8.03

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 42%

Key countries

China, US, Germany, Japan, and UK

Key companies profiled

AB SKF, ABB Ltd., Analog Devices Inc., CEC Vibration Products, Electro Sensors Inc., Hansford Sensors Ltd., Hofmann Mess und Auswuchttechnik GmbH and Co. KG, ifm electronic gmbh, Metra measurement and frequency technology in Radebeul eK, Monitran Ltd., Montronix GmbH, Murata Manufacturing Co. Ltd., OMRON Corp., PCB Piezotronics Inc., ROGA Instruments, Safran SA, Schaeffler AG, Sensonics Ltd., StrainSense Ltd., and TE Connectivity Ltd.

Market Driver

The industrial vibration sensor market is experiencing significant growth due to the increasing adoption of sensing technology in various industries. Advanced sensors, such as vibration sensors, are becoming more efficient and capable, thanks to developments in electronic technology. These sensors play a crucial role in research and development and production automation. For instance, standalone vibration sensors for reciprocating compressors have evolved from RMS vibration transmitters to shock monitoring sensors, providing valuable data and ensuring proper machine functioning. These advances enable plant managers to enhance efficiency and drive market growth. 

The Industrial Vibration Sensor market is experiencing significant growth due to the increasing demand for predictive maintenance in various industries. These sensors play a crucial role in detecting anomalies in machinery, enabling early identification of potential issues. Markets for Calibration, Production, and Maintenance are key sectors driving the demand for vibration sensors. Technologies like Artificial Intelligence and Machine Learning are enhancing the capabilities of these sensors, making them more accurate and efficient. The market for Vibration Sensors is expected to continue its upward trend, with an increasing focus on cost-effective and reliable solutions. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

•         The industrial vibration sensor market faces competition from alternative vibration measuring devices and software. Sensor tags, vibration recorders, vibration meters, and vibration measurement systems are affordable options for monitoring and analyzing machine vibration levels. Their availability on e-commerce platforms increases their accessibility, potentially reducing the demand for industrial vibration sensors. This trend may impact the revenue growth of industrial vibration sensor manufacturers during the forecast period.

•         The Industrial Vibration Sensor market faces several challenges. Markets for Predictions, Insights, and Projections require accurate and reliable data. Sensors must be able to detect and measure vibrations in various environments, including Outlook, Forecasts, and Reports. Sensors must also be able to withstand harsh conditions, such as those found in Growth and Devolution. Strategy and Tactics are essential for selecting the right sensors for specific applications. Uses include Monitoring, Intelligence, and Analysis. Key players offer various technologies, such as Accelerometers and Piezoelectric sensors. Challenges include ensuring Usability, Sensitivity, and Durability. Sensors must also be able to integrate with other systems, such as those for Sensing and Control. Overall, the Industrial Vibration Sensor market requires continuous innovation to meet the demands of various industries.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This industrial vibration sensor market report extensively covers market segmentation by  

End-user 1.1 Process industries1.2 Discrete industriesProduct 2.1 Acceleration sensor2.2 Displacement sensor2.3 Velocity sensor2.4 OthersGeography 3.1 APAC3.2 Europe3.3 North America3.4 Middle East and Africa3.5 South America

1.1 Process industries-  The industrial vibration sensor market is experiencing growth in process industries, including oil and gas, power, food and beverage, and pharmaceuticals. Vibration sensors enhance production and quality control, ensure minimal environmental impact, and enable remote monitoring and predictive maintenance. In the oil and gas sector, the digital oilfield revolution and IIoT adoption are driving growth. The power industry is deploying vibration sensors to reduce power losses and monitor renewable energy sources. In the food and beverage industry, vibration sensors promote product quality, prevent equipment malfunctions, and enhance packaging control. Overall, industrial vibration sensors improve asset management, compliance, and operational efficiency.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Industrial Vibration Sensor Market encompasses various types of sensors, including Accelerometers, Piezoelectric Sensors, and MEMS Sensors, used for monitoring machinery health in industries such as Manufacturing Sector, Automotive Industry, Aerospace Industry, Oil and Gas, and others. These sensors play a crucial role in Condition Monitoring and Predictive Maintenance, enabling End Users to identify potential issues before they escalate into major failures. Wireless Sensors offer added benefits of remote monitoring and real-time data analysis, enhancing operational efficiency and productivity. The market for Industrial Vibration Sensors is expected to grow significantly due to the increasing demand for reliable and accurate machinery health monitoring systems.

Market Research Overview

The Industrial Vibration Sensor Market encompasses sensors designed to measure and monitor mechanical vibrations in industrial settings. These sensors play a crucial role in predictive maintenance, machine health assessment, and process optimization. Technologies such as piezoelectric, accelerometers, and vibration transducers are commonly used in industrial vibration sensors. Conditions like temperature, humidity, and contamination can impact sensor performance. Sensors are typically compact, rugged, and able to withstand harsh environments. Applications include monitoring rotating machinery, structural health assessment, and process control. Analytics and AI are increasingly used to interpret sensor data and provide actionable insights.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userProcess IndustriesDiscrete IndustriesProductAcceleration SensorDisplacement SensorVelocity SensorOthersGeographyAPACEuropeNorth AmericaMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Huawei Launches Over 20 All-New Xinghe Intelligent Network Offerings to Amplify Industrial Intelligence

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1 hour ago

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September 21, 2024

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SHANGHAI, Sept. 21, 2024 /CNW/ — During HUAWEI CONNECT 2024, Leon Wang, President of Huawei’s Data Communication Product Line, announced more than 20 all-new Xinghe Intelligent Network offerings globally at the summit themed “Xinghe Intelligent Network, Amplify Industrial Intelligence”. These purpose-built offerings contribute to an AI network ecosystem and help customers seize opportunities for intelligent development and maximize intelligent productivity.

With the development of AI technologies, the world is advancing from digital transformation to intelligent transformation. All industries are quickly adopting AI technologies to create new use cases, for example, self-driving cars, intelligent diagnosis and treatment, and intelligent train inspection. All of these are significantly improving the efficiency and experience of our work and daily lives.

The advent of the intelligent era is driving networks into intelligent ones. Huawei has been making joint efforts with partners to lead research and practices of intelligent networks. That’s why Huawei constantly upgrades its Xinghe Intelligent Network offerings to help customers grasp opportunities for intelligent development, build new intelligent network infrastructure, and maximize intelligent productivity in the intelligent era. Key highlights include the following:

Xinghe Intelligent Campus focuses on AI-enabled, experience-centric campus network construction, ensuring zero freezing for audio and video applications, zero degradation on services, and zero waiting for interactions.Xinghe Intelligent WAN introduces a wide range of intelligent technologies to intelligently schedule millions of flows and precisely optimize service experience.Xinghe Intelligent Fabric adopts the AI Turbo engine to improve network throughput, enhancing foundation model training efficiency.Xinghe Intelligent Network Security integrates AI technologies into network security detection, accurately and rapidly identifying threats.

To support network solutions in various scenarios, Huawei released more than 20 featured offerings globally. Examples include the industry’s first 100 Tbps fixed-form Ethernet data center switch, the industry’s first 51.2 Tbps liquid-cooled fixed-form data center switch, the industry’s first AI router, high-quality 10 Gbps campus switches and Wi-Fi 7 APs, Intelligent SASE Branch Security Solution, and the industry’s first IP Autonomous Driving Network Solution. All these offerings are designed to help customers with greater business returns.

As the intelligent era calls for intelligent networks, Huawei will continue to drive the development of intelligent networks and upgrade its Xinghe Intelligent Network products and solutions, ultimately helping global customers to stride towards the intelligent era and reap more benefits.

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SOURCE Huawei

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HUAWEI CONNECT 2024 | Huawei Unveils the Brand-New Xinghe Intelligent Fabric Solution, Powering the AI Era

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2 hours ago

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September 21, 2024

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SHANGHAI, Sept. 21, 2024 /PRNewswire/ — At HUAWEI CONNECT 2024, over 300 industry leaders, experts, and scholars gathered for the data center network session themed “Xinghe Intelligent Fabric, Powering the AI Era.” The event featured discussions on the evolution and technological advancements of data center networks. During the session, Arthur Wang, President of Data Center Network Domain at Huawei’s Data Communication Product Line, introduced the newly upgraded Xinghe Intelligent Fabric solution. This cutting-edge solution aims to establish a data center network characterized by one map for intelligent operations and maintenance (O&M), one network for diverse computing, and one platform for simplified deployment, providing a robust network infrastructure to support enterprises’ digital and intelligent transformations.

In his keynote speech, Arthur Wang outlined the emerging trends in data center network development. He emphasized that in the AI era, data center networks require both a “brilliant brain” and “resilient bones.” The newly launched Xinghe Intelligent Fabric solution is designed to deliver a powerful network infrastructure tailored for the AI era, featuring:

One Map for Intelligent O&M: Zero Management Concerns

Huawei’s exclusive network digital map enables rapid cross-data center and cross-vendor fault identification within minutes. Additionally, the NetMaster network large model facilitates AI-driven O&M, eliminating manual intervention and ensuring zero management concerns.

One Network for Diverse Computing: Zero Service Interruptions

The Xinghe Intelligent Fabric supports various application scenarios, including intelligent computing, general-purpose computing, and storage. The innovative Network Scale Load Balancing (NSLB) algorithm increases network throughput to 95% and boosts AI training efficiency by over 10%. With the exclusive iReliable three-level fast switchover capability, it achieves sub-millisecond switchover, guaranteeing zero service interruptions.

One Platform for Simplified Deployment: Zero Configuration Errors

By employing digital twins to simulate networks in advance and verify configurations post-deployment, the solution ensures 100% accuracy in network changes. By harnessing network-security convergence capabilities, AI creates an intelligent security matrix to analyze millions of security policies, achieving zero configuration errors.

Looking ahead, Huawei will continue to collaborate with industry partners to enhance research and innovation in data center networks, promote intelligent upgrades, and create greater value for the industry.

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SOURCE Huawei

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Cultivating a Culture of Peace: International Day of Peace Statement by Education Cannot Wait Executive Director Yasmine Sherif

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5 hours ago

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September 21, 2024

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NEW YORK, Sept. 21, 2024 /CNW/ — The longing for peace transcends time, geography and religion. Based on justice, human rights and universal values outlined in the UN Charter, a culture of peace brings us all together in our common agenda for humanity. We can only co-exist by aligning ourselves with such a world order.

On today’s International Day of Peace, we call on world leaders to end conflict and embrace a culture of peace as enshrined in the UN Charter and related international law.

As the UN General Assembly outlined in the Declaration and Programme of Action on a Culture of Peace  a quarter of a century ago, this must include: “Respect for life, human rights and fundamental freedoms; the promotion of non-violence through education, dialogue and cooperation; commitment to peaceful settlement of conflicts; and adherence to freedom, justice, democracy, tolerance, solidarity, cooperation, pluralism, cultural diversity, dialogue and understanding at all levels of society and among nations.”

Educating for peace starts at home and continues in school through years of education. This takes place during the most formative years of a child learning about their identity, ethics, values, conscience, courage and compassion. Wherever there has been a failure in imparting on children the imperative for peace, the world is turned upside down. This is a global failure with no geographical boundaries.

Today, we live in a world of unprecedented violence, armed conflict and chaos. All the genuine and heartfelt commitments made in 1945 in the UN Charter seem to be fading away. Children and adolescents are the most vulnerable, the least protected, and the most impacted. They bear the brunt. 

Global conflicts killed three times as many children in 2023 than in the previous year, according to the United Nations. The number of forcibly displaced people reached an unprecedented 120 million in May 2024.

“In 2023, the United Nations verified a record 32,990 grave violations against 22,557 children in 26 conflict zones, a 35% increase from the previous year,” according to recent analysis by the UN.

We can end these violations and invest in a constructive co-existence globally. We can use our resources for education, rather than for wars. In classrooms around the world, girls and boys who have withstood the wrath of war can rebuild their hopes and their lives. Cultivating a culture of peace is possible. The financial resources exist. The choice as to how we use them is ours.

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SOURCE Education Cannot Wait

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