Industrial Vibration Sensor Market to grow by USD 3.32 billion from 2022 to 2027

The industrial vibration sensor market is expected to grow by USD 3.32 billion between 2022 and 2027. However, the growth momentum of the market will progress at a CAGR of 7.95% during the forecast period.

The market is segmented by end-user (process industries and discrete industries), product (acceleration sensor, displacement sensor, velocity sensor, and others), and Geography (APAC, Europe, North America, Middle East and Africa, and South America). The report also covers information on trends and challenges. Explore detailed information by purchasing a report

The growing need for intelligent and compact vibration sensors is a key factor driving market growth. The increasing demand for sensors in several sectors of the end-user industry is a result of improved integrated and modular sensor designs. Devices such as micro-electromechanical systems (MEMS) and nanoelectromechanical systems (NEMS) are highly sensitive to different stimuli such as temperature, pressure, and even the presence of an obstruction. Moreover, the players in the market are offering their customers innovative sensor technologies.