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Global Vibration Sensor Market to Grow at a CAGR of 6.43% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Vibration sensors market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 02/12/2016 -- Report forecast the global vibration sensor market to grow at a CAGR of 6.43% during the period 2016-2020.

Vibration monitoring is an important part of predictive machine maintenance, which is an intelligent way to monitor machine working and boost performance. It helps to reduce the maintenance cost of machines and enables personnel to identify problems in machine components such as electric motors and fans, and decide when they might need replacement. Apart from improving manufacturing plant efficiency, it increases operating time and cuts costs.

The report covers the present scenario and the growth prospects of the global vibration sensor market for the period 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of vibration sensors in the following application segments:
- Aerospace
- Automotive
- Consumer electronics
- Healthcare
- Industrial machinery

According to the report, stringent road safety regulations imposed by governments are likely to drive the vibration sensor market, as governments of countries in Europe and the Americas have mandated the installation of sensors in automobiles to reduce accidents.

Further, the report states that rise in response time is a major challenge faced by vendors, as sensors fail to detect vibrations sometimes due to heavy signal loads. This affects the market and requires customization based on load capacity.

Global Vibration Sensor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Vibration Sensor Market: Analog Devices, Brüel & Kjær, Dytran Instruments, Hansford Sensors, Honeywell International, Monitran, Murata Manufacturing, Omron and VibraSens.

Other Prominent Vendors in the market are: Scanimetrics, SKF and Rockwell Automation.

Market driver
- Stringent road safety regulations
- For a full, detailed list, view our report

Market challenge
- Increase in response time
- For a full, detailed list, view our report

Market trend
- Growing use of wireless vibration sensors
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 35 pages and 13 Exhibit "Global Vibration sensors market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Technology landscape, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key recommendations for vendors and investors.

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