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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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48-Hour Saudi Visa Processing, Major Discounts and Unmissable Giveaways – Only at ‘Spectacular Saudi’ in Mumbai

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NEW DELHI, Sept. 21, 2024 /PRNewswire/ — Saudi’s national tourism brand, ‘Saudi Welcome to Arabia’ is hosting its first-ever immersive consumer event ‘Spectacular Saudi’, from September 25 to October 2,  from 2:00 p.m. – 10:30 p.m. at R2 Ground in BKC, Mumbai.

Slated to transport visitors straight to the Heart of Arabia; the 8-day immersive experience will give visitors a glimpse into Saudi’s many wonders and iconic experiences – all while extending the warm Saudi welcome. To give consumers a truly memorable experience Saudi is offering exclusive giveaways and discounts specially curated for Indian travellers.

What’s more, Indian travellers can fast-track their Saudi visas exclusively at the event. All you need is a valid Visa or Mastercard credit card! Head on over to one of eight dedicated Tasheer kiosks, ensure the name on the credit card matches the passport, and have sufficient funds available on the card. After that, sit back and relax as your visa will be in hand within 48 hours!

It has never been easier to visit Saudi. With the most seamless visa process offered to date, the excitement doesn’t end there. On the travel front, SAUDIA Airlines is offering special deals, including a buy one get 50% off on the second ticket if travelling business class. Additionally, all economy class tickets will be 15% off. Attendees will also have the chance to participate in daily giveaways for free flight tickets for two to Saudi. With over 50+ travel trade offers, visitors can access incredible cashback and discounts on Saudi travel packages. Additionally, those booking Saudi packages will enjoy complimentary cultural city tours. Group tour packages to Riyadh, Jeddah, and Dammam will be available exclusively at the event, starting at INR 99,999 for 5 nights.

Visitors can expect unique immersive experiences–including exhibits, culinary delights, Ardah dancers, Saudi coffee, traditional scents, and fashion–all under one roof. So don’t miss out and register here to experience a piece of Saudi, right in the heart of Mumbai.

Photo – https://mma.prnewswire.com/media/2511104/Spectacular_Saudi.jpg

 

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Indian Cancer Genome Atlas Launches the Country’s First Comprehensive Cancer Multi-Omics Data Portal

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Offers open access to cancer data for research

NEW DELHI, Sept. 21, 2024 /PRNewswire/ — The Indian Cancer Genome Atlas (ICGA) has launched India’s first comprehensive cancer multi-omics data portal. This pioneering platform provides open access to clinically correlated data from Indian cancer patients, aimed at transforming cancer research and treatment for Indian populations.

Historically, cancer treatments in India have been based on Western data sets. However, cancers in Indian patients can differ significantly at the molecular level. ICGA’s mission is to create Indian-specific datasets to help researchers and clinicians develop personalized treatment protocols. This new open-access portal represents a monumental step in revolutionizing cancer research, specifically for Indian patients.

The ICGA cancer multi-omics portal is the first in India to offer data that includes DNA, RNA, and protein profiles of breast cancer patients, integrated with clinical outcomes. Currently, the platform consists of data from 50 breast cancer patients, with plans to expand to over 500 patients in the coming year. This data is freely accessible to the global research community under India’s PRIDE guidelines, which promote ethical sharing and collaboration in cancer research.

Key Highlights of this portal include:

India’s First Cancer Multi-Omics Data Portal: A comprehensive resource that offers detailed multi-omics data for breast cancer patients, including genomic and proteomic information.Based on cBioPortal Platform: Derived from the internationally recognized cBioPortal, this platform ensures seamless integration with global cancer research efforts.Initial Dataset from 50 Indian Patients: Provides clinically annotated DNA, RNA, and protein profiles, along with treatment histories and patient outcomes, with an aim to scale up to 500 in a year.Free Access Under PRIDE Guidelines: Adhering to responsible and ethical data-sharing practices, the portal is freely accessible to the scientific community.A Step Toward Precision Oncology for Indian Patients: This initiative is designed to enable the development of personalized cancer treatments tailored to Indian patients.Call for Collaboration:  ICGA invites researchers worldwide to contribute and expand the platform, fostering global collaboration in cancer research.

Professor Shekhar C. Mande, Former DG-CSIR, Currently Senior Professor at Savitribai Phule Pune University
“Making this invaluable cancer data publicly accessible marks a pivotal step in accelerating scientific discoveries and enhancing patient outcomes. By openly sharing this data, we are empowering researchers, clinicians, and innovators to collaborate, explore new frontiers, and drive transformative breakthroughs in cancer treatment.”

Joint Statement from Dr JC Zenklusen – Director of The Cancer Genome Atlas (TCGA) at the NCI, NIH, USA, and Prof Sunil Badve – Vice Chair, Pathology Cancer Programs, Department of Pathology and Laboratory Medicine, Emory University School of Medicine, Atlanta, Georgia, USA
“Fifteen years ago, when we launched TCGA, we could not have foreseen the remarkable progress cancer research would make. It is incredibly exciting to see ICGA advancing so rapidly and taking bold steps in revolutionizing cancer research. Understanding the genome of cancer patients will improve the treatment of Indians not only in India but also worldwide. We, both, encourage others with similar data to actively contribute to ICGA, so this initiative can grow even faster and drive greater breakthroughs.”

Dr. Anand Deshpande, Chairman and Managing Director at Persistent, and Non-Executive Director at ICGA
“We have made an excellent start with this groundbreaking multi-omics cancer portal. Cancer touches all of us, and the need for more effective, personalized treatments—especially tailored to the unique genetic and environmental factors in India—is urgent. This portal will empower researchers with crucial data to advance customized cancer research for better treatment outcomes. I encourage everyone to contribute and support this vital cause, helping us accelerate progress in the fight against cancer.”

About Indian Cancer Genome Atlas (ICGA):
The Indian Cancer Genome Atlas (ICGA) is a national initiative focused on mapping the genomic, transcriptomic, and proteomic landscapes of cancers across India. As a section 8 not-for-profit organization, the ICGA Foundation, operates through a public-private-philanthropic partnership, with active support from over 50 clinicians, researchers, and data analysts. Its mission is to enhance cancer diagnosis and treatment for Indian patients and contribute to the global understanding of cancer biology. The foundation’s first project focuses on the multi-omics profiling of breast cancer, with plans to extend this effort to other types of cancer in the future.

https://www.icga.in/

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Huawei Launches All-New Xinghe Intelligent Campus with Full Upgrades, Maximizing Enterprises’ Intelligent Productivity

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SHANGHAI, Sept. 21, 2024 /PRNewswire/ — During HUAWEI CONNECT 2024, the Xinghe Intelligent Campus session was successfully held, attracting more than 200 industry pioneers, experts, and scholars from around the world to explore campus network trends and technological innovations. Also at the event, Huawei unveiled its all-new Xinghe Intelligent Campus Solution that stands out for full upgrades to wireless, application, and operations & maintenance (O&M) experience.

Shawn Zhao, President of the Campus Network Domain, Huawei’s Data Communication Product Line, said, “As video conferencing, AI terminals, and AI applications become more widespread, the campus network access density has increased threefold, and the demand for bandwidth has grown tenfold. In this case, users place new requirements on the assurance for AI applications and audio/video services while expecting more intelligent O&M.”

To meet these needs, Huawei launched its all-new Xinghe Intelligent Campus Solution with full upgrades. Specifically, this solution upgrades wireless experience in performance, roaming, and IoT convergence. It also leverages X-Scheduler (an experience scheduling engine) to upgrade application experience, while drawing on AI-assisted decision-making and a tidal prediction algorithm to upgrade O&M experience. These help customers build an industry-leading digital infrastructure and facilitate the digital and intelligent transformation of enterprises.

In addition, the solution provides end-to-end security assurance. On the wireless side, the innovative Wi-Fi Shield technology radically prevents packet eavesdropping on the air interface. On the wired side, the full-link MACsec capabilities from switches to APs ensure secure campus network data transmission since the very beginning.

Also at the session, leading analyst firms, customers, and partners in various industries shared their unique insights, best practices, and successful cases. Key speakers include Sian Morgan, Research Director of Dell’Oro Group; Dr. Haitham S. Hamsa, Professor of Information Technology, Cairo University; Shang Qun, Assistant to the Director of the Computing Center, Peking University; Sun Pan, Director of Infrastructure Operations Dept, System Digitalization Dept, FAW Group; Connee Zhang, CEO of CypressTel. Their valuable practices will provide a unique reference for the digital and intelligent transformation of enterprises across industries.

Looking ahead, Huawei believes that the Xinghe Intelligent Campus Solution will become the preferred choice for global enterprises’ digital and intelligent transformation to reap more benefits.

For more information about Huawei’s Xinghe Intelligent Campus Solution, visit https://e.huawei.com/en/solutions/enterprise-network/campus-network.

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SOURCE Huawei

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