According to the research report titled ‘Vibration Sensor Market Size, By Product (Accelerometers, Velocity Sensors, Displacement Sensors, Proximity Probes), By Output Type (Analog, Digital), By Application (Automotive & Transportation, Consumer Electronics, Healthcare, Oil & Gas, Chemical, Aerospace & Defense), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028’, available with MarketStudyReport, worldwide vibration sensor market is anticipated to garner notable returns by the year 2028.

Report findings suggest that vibration sensor market growth is attributed to widespread adoption of wireless sensor technology, increasing adoption of smart home security appliances as well as rising disposition towards predictive maintenance.

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Notably, significant surge in wireless networks in factory floor application due to breakthroughs in low power technology and resistance to strong RF interference is further impelling the industry trends.

Moreover, growing demand from industries like food & beverage, healthcare, chemicals, and energy & power to ensure safe and efficient machinery operation is expected to bolster the market expansion during the forecast period.

Based on product terrain, the proximity probes segment of vibration sensor market is anticipated to grow at a CAGR of 6.5% over the forecast period, owing to growing adoption of the product in industrial robotics and automation.

In terms of application ambit, the aerospace & defence segment held a market share of 10% in 2021 and is expected to grow significantly between 2022 and 2028, due to increased adoption of vibration sensors for predictive maintenance applications in aircrafts and other defense equipment.

Regionally, Latin America industry is expected to record a 4.5% CAGR through 2028, due to the rising adoption of condition-based asset monitoring equipment in the regional manufacturing vertical.

The key players in global vibration sensor market are TE Connectivity, STMicroelectronics, AB SKF, Safran Colibrys SA, Rockwell Automation, Inc., Robert Bosch GmbH, PCB Piezotronics, Inc., OMRON Corporation, NXP Semiconductors N.V., National Instruments Corporation, Murata Manufacturing Co., Ltd., Montronix GmbH, Keyence Corporation, ifm electronic GmbH, Honeywell International, Inc., Hansford Sensors, Fluke Corporation, Emerson Electric Co., Dytran Instruments, Inc., Baumer Holding AG, Baker Hughes Company, Analog Devices, Inc, Amphenol Corporation, and Althen Sensors & Controls.