Market Overview:
The global displacement transducers market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for displacement transducers in various applications such as oil and gas, coal and mines, railway and transportation, construction industry, military field, and other applications. Additionally, the growing demand for linear displacement sensors over angular displacement sensors is also contributing to the growth of this market.
Product Definition:
A displacement transducer is a device that converts physical displacement into an electrical signal. This electrical signal can then be used to measure the magnitude and direction of the displacement. Displacement transducers are often used in industrial and automotive applications, where they are used to monitor movement or position of objects or vehicles.
Linear Displacement Sensor:
The linear displacement sensor is a device used to measure linear movement or position of an object. It consists of two conductors, one of which is fixed and the other attached to an object that can move back and forth in between them. The electrical signal generated as a result of this movement is measured by a detector.
Linear displacement sensors are widely used in industries such as automotive, food & beverage processing, pharmaceuticals, machine tools industry etc.
Angular Displacement Sensor:
Displacement transducers are used to measure the displacement of liquid or a material in a container. They are widely used in industries such as oil & gas, mining, construction and food processing. The global market for displacement sensors is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries and technological advancements.
Application Insights:
The oil and gas application segment accounted for the largest revenue share in 2016. The major factors contributing to the growth include high demand for advanced technologies that can withstand extreme pressure, temperature, and corrosion. Moreover, growing investments in onshore and offshore exploration activities are expected to drive the demand over the forecast period.
Displacement transducers are used in coal mines to measure vertical movements caused by mining activities such as ground vibration or drilling & blasting operations. These devices help determine if there is a problem with a mine's roof or walls by measuring changes in ground movement or vibrations caused by sound waves generated from mining activity underground.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is mainly attributed to China and India. In 2017, China accounted for a major share in terms of production as well as consumption of coal and steel. Moreover, it was also observed that around 70% of global mining output was produced in Asia Pacific countries such as Australia, which further boosted the demand for displacement transducers in this region.
The construction industry has witnessed significant growth since 2010 across various regions including North America and Europe on account rising demand from households for residential buildings along with commercial structures such as shopping malls and hotels & resorts.
Growth Factors:
- Increasing demand for displacement transducers in automotive and aerospace industries due to the growing need for precision measurement and control.
- Rising demand from Asia Pacific region due to the growth of industrial and automotive sectors.
- Growing popularity of MEMS-based displacement transducers that offer high accuracy, reliability, and low cost.
- Development of innovative technologies such as piezoelectric materials that are used in displacement transducers for better performance and efficiency.
Scope Of The Report
Report Attributes
Report Details
Report Title
Displacement Transducers Market Research Report
By Type
Linear Displacement Sensor, Angular Displacement Sensor
By Application
Oil and Gas, Coal and Mines, Railway and Transportation, Construction Industry, Military Field, Other
By Companies
Magtrol, OMEGA, Positek, GEOKON, HBM, Honeywell, MTI Instruments, Parker Hannifin Corp, KEYENCE CORPORATION, Micro-Epsilon, Kyowa Electronic Instruments, ASM GmbH, OMRON, Kelk, MEGATRON, Solartron Metrology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Displacement Transducers Market Report Segments:
The global Displacement Transducers market is segmented on the basis of:
Types
Linear Displacement Sensor, Angular Displacement Sensor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Gas, Coal and Mines, Railway and Transportation, Construction Industry, Military Field, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Magtrol
- OMEGA
- Positek
- GEOKON
- HBM
- Honeywell
- MTI Instruments
- Parker Hannifin Corp
- KEYENCE CORPORATION
- Micro-Epsilon
- Kyowa Electronic Instruments
- ASM GmbH
- OMRON
- Kelk
- MEGATRON
- Solartron Metrology
Highlights of The Displacement Transducers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Linear Displacement Sensor
- Angular Displacement Sensor
- By Application:
- Oil and Gas
- Coal and Mines
- Railway and Transportation
- Construction Industry
- Military Field
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Displacement Transducers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Displacement transducers are devices that measure the displacement of an object. They can be used in a variety of applications, such as measuring the height of a structure or detecting movement.
Some of the key players operating in the displacement transducers market are Magtrol, OMEGA, Positek, GEOKON, HBM, Honeywell, MTI Instruments, Parker Hannifin Corp, KEYENCE CORPORATION, Micro-Epsilon, Kyowa Electronic Instruments, ASM GmbH, OMRON, Kelk, MEGATRON, Solartron Metrology.
The displacement transducers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Displacement Transducers Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Displacement Transducers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Displacement Transducers Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Displacement Transducers Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Displacement Transducers Market Size & Forecast, 2020-2028 4.5.1 Displacement Transducers Market Size and Y-o-Y Growth 4.5.2 Displacement Transducers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Linear Displacement Sensor
5.2.2 Angular Displacement Sensor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Coal and Mines
6.2.3 Railway and Transportation
6.2.4 Construction Industry
6.2.5 Military Field
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Displacement Transducers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Displacement Transducers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Linear Displacement Sensor
9.6.2 Angular Displacement Sensor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Coal and Mines
9.10.3 Railway and Transportation
9.10.4 Construction Industry
9.10.5 Military Field
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Linear Displacement Sensor
10.6.2 Angular Displacement Sensor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Coal and Mines
10.10.3 Railway and Transportation
10.10.4 Construction Industry
10.10.5 Military Field
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Linear Displacement Sensor
11.6.2 Angular Displacement Sensor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Coal and Mines
11.10.3 Railway and Transportation
11.10.4 Construction Industry
11.10.5 Military Field
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Linear Displacement Sensor
12.6.2 Angular Displacement Sensor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Coal and Mines
12.10.3 Railway and Transportation
12.10.4 Construction Industry
12.10.5 Military Field
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Linear Displacement Sensor
13.6.2 Angular Displacement Sensor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Coal and Mines
13.10.3 Railway and Transportation
13.10.4 Construction Industry
13.10.5 Military Field
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Displacement Transducers Market: Competitive Dashboard
14.2 Global Displacement Transducers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Magtrol
14.3.2 OMEGA
14.3.3 Positek
14.3.4 GEOKON
14.3.5 HBM
14.3.6 Honeywell
14.3.7 MTI Instruments
14.3.8 Parker Hannifin Corp
14.3.9 KEYENCE CORPORATION
14.3.10 Micro-Epsilon
14.3.11 Kyowa Electronic Instruments
14.3.12 ASM GmbH
14.3.13 OMRON
14.3.14 Kelk
14.3.15 MEGATRON
14.3.16 Solartron Metrology