Question 1

How will the vibration sensor business fare in the APAC region?

Accepted Answer

Asia Pacific market accounted for 45% of revenue share in 2021 and is slated to grow at 8% through 2028 driven by increasing government efforts towards the promotion of automotive-grade semiconductor manufacturing in the region.

Question 2

Where are vibration sensors used?

Accepted Answer

Vibration sensors are used across various applications such as healthcare, aerospace & defense, automotive & transportation, chemical, consumer electronics, oil & gas, and others.

Question 3

What factors will drive vibration sensors industry growth from accelerometers?

Accepted Answer

The accelerometers held for 45% of the market share in 2021 and is estimated to record a growth rate of 8.5% by 2028 owing to numerous high-end features such as durability in harsh conditions, low-cost implementation, wide frequency range, and linearity.

Question 4

How big is the vibration sensor market?

Accepted Answer

Market size of vibration sensor surpassed USD 3 billion in 2021 and is expected to grow at a CAGR of 7% from 2022 to 2028 considering the increasing adoption of machine conditioning monitoring systems across the manufacturing sector.

Vibration Sensor Market Share

Vibration Sensor Market Share

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