Market Overview:
The global integrated eddy current displacement sensor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for these sensors in various applications such as aerospace, automobile, electric power, petroleum and others. Additionally, the growing demand for miniaturized and lightweight sensors is also contributing to the growth of this market.
Product Definition:
An Integrated Eddy Current Displacement Sensor is a device that uses eddy current principles to measure the displacement or position of an object. The sensor consists of two coils, one fixed and one movable, which produce an electromagnetic field. When the object moves, it disturbs the field and this can be measured to determine displacement.
Integrated Eddy Current Displacement Sensors are important because they can provide accurate measurements even in difficult environments where traditional sensors may not work well. They are also relatively inexpensive and easy to use making them popular choices for many applications.
Large Range Sensor:
Large range sensors are used in integrated eddy current displacement sensors to measure the flow rate and volume of liquid across an interface between two liquids. The technology is widely used for oil & gas applications, where it provides benefits such as high measurement accuracy, low noise level and faster response time than traditional techniques. These advantages help in increasing the efficiency of various processes involved in oil & gas extraction as well as refining operations.
Small Range Sensor:
Small range sensor is a device used to measure the flow rate of liquid in small pipes or vessels. It works on the principle of eddy current displacement which uses a magnetic field for sensing the flow rate. The working principle behind this device is very simple, as it functions by using induction and Faraday's law, where change in electric potential produces an induced electromotive force (EMF) which can be detected and measured.
Application Insights:
Aerospace, automobile and other transportation are the major application areas of eddy current sensors. The increasing need for advanced safety systems in automobiles has resulted in the adoption of eddy current sensors by major automotive manufacturers. For instance, BMW AG uses these devices to monitor wheel speed and engine speed for improved vehicle stability and overall performance.
Automotive applications accounted for a significant market share in 2017 owing to the high demand from countries such as China Japan India Australia Brazil Germany France U.K.
Regional Analysis:
The market in Europe is expected to witness a CAGR of XX% during the forecast period, owing to the presence of major aircraft and automobile manufacturers in the region. The growth can be attributed to increasing R&D activities and technological advancements associated with eddy current sensors.
Asia Pacific is anticipated to emerge as a lucrative regional market over the forecast period, owing to rapid industrialization coupled with increasing government initiatives for manufacturing vehicles using alternative fuel such as electric power or hydrogen fuel cell. These factors are anticipated contribute towards increased demand for eddy current displacement sensors in APAC region, thereby driving industry growth across this region.
Growth Factors:
- Increasing demand for displacement sensors in automotive and aerospace industries
- Growing popularity of eddy current displacement sensors in medical applications
- Rising demand for non-contact displacement sensors across various industrial sectors
- Proliferation of smart factories and IIoT across different industrial verticals
- Technological advancements in eddy current displacement sensor technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Integrated Eddy Current Displacement Sensor Market Research Report
By Type
Large Range Sensor, Small Range Sensor
By Application
Aerospace, Automobile, Electric Power, Petroleum, Other
By Companies
GE, Bruel & Kjar, Kaman, Micro-Epsilon, Emerson, SHINKAWA, KEYNECE, RockWell Automation, Lion Precision (Motion Tech Automation), IFM, GE, Panasonic, Methode Electronics, SKF, Zhuzhou Zhonghang, LaunchPoint, Althen, Shanghai Cezhen
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Integrated Eddy Current Displacement Sensor Market Report Segments:
The global Integrated Eddy Current Displacement Sensor market is segmented on the basis of:
Types
Large Range Sensor, Small Range 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
Aerospace, Automobile, Electric Power, Petroleum, 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:
- GE
- Bruel & Kjar
- Kaman
- Micro-Epsilon
- Emerson
- SHINKAWA
- KEYNECE
- RockWell Automation
- Lion Precision (Motion Tech Automation)
- IFM
- GE
- Panasonic
- Methode Electronics
- SKF
- Zhuzhou Zhonghang
- LaunchPoint
- Althen
- Shanghai Cezhen
Highlights of The Integrated Eddy Current Displacement Sensor 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:
- Large Range Sensor
- Small Range Sensor
- By Application:
- Aerospace
- Automobile
- Electric Power
- Petroleum
- 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 Integrated Eddy Current Displacement Sensor 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.
How you may use our products:
- Correctly Positioning New Products
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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?
An integrated eddy current displacement sensor (IED) is a type of sensor that uses the principle of eddy currents to measure distance or velocity. IEDs are often used in industrial and automotive applications, where they are able to provide accurate measurements even under difficult conditions.
Some of the major companies in the integrated eddy current displacement sensor market are GE, Bruel & Kjar, Kaman, Micro-Epsilon, Emerson, SHINKAWA, KEYNECE, RockWell Automation, Lion Precision (Motion Tech Automation), IFM, GE, Panasonic, Methode Electronics, SKF, Zhuzhou Zhonghang, LaunchPoint, Althen, Shanghai Cezhen.
The integrated eddy current displacement sensor 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 Integrated Eddy Current Displacement Sensor 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 Integrated Eddy Current Displacement Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Integrated Eddy Current Displacement Sensor 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 Integrated Eddy Current Displacement Sensor 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 Integrated Eddy Current Displacement Sensor Market Size & Forecast, 2018-2028
4.5.1 Integrated Eddy Current Displacement Sensor Market Size and Y-o-Y Growth
4.5.2 Integrated Eddy Current Displacement Sensor Market Absolute $ Opportunity
Chapter 5 Global Integrated Eddy Current Displacement Sensor 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 Integrated Eddy Current Displacement Sensor Market Size Forecast by Type
5.2.1 Large Range Sensor
5.2.2 Small Range Sensor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Integrated Eddy Current Displacement Sensor 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 Integrated Eddy Current Displacement Sensor Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Automobile
6.2.3 Electric Power
6.2.4 Petroleum
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Integrated Eddy Current Displacement Sensor 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 Integrated Eddy Current Displacement Sensor 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 Integrated Eddy Current Displacement Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Integrated Eddy Current Displacement Sensor 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 Integrated Eddy Current Displacement Sensor Market Size Forecast by Type
9.6.1 Large Range Sensor
9.6.2 Small Range 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 Integrated Eddy Current Displacement Sensor Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Automobile
9.10.3 Electric Power
9.10.4 Petroleum
9.10.5 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 Integrated Eddy Current Displacement Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Integrated Eddy Current Displacement Sensor 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 Integrated Eddy Current Displacement Sensor Market Size Forecast by Type
10.6.1 Large Range Sensor
10.6.2 Small Range 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 Integrated Eddy Current Displacement Sensor Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Automobile
10.10.3 Electric Power
10.10.4 Petroleum
10.10.5 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 Integrated Eddy Current Displacement Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Integrated Eddy Current Displacement Sensor 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 Integrated Eddy Current Displacement Sensor Market Size Forecast by Type
11.6.1 Large Range Sensor
11.6.2 Small Range 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 Integrated Eddy Current Displacement Sensor Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Automobile
11.10.3 Electric Power
11.10.4 Petroleum
11.10.5 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 Integrated Eddy Current Displacement Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Integrated Eddy Current Displacement Sensor 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 Integrated Eddy Current Displacement Sensor Market Size Forecast by Type
12.6.1 Large Range Sensor
12.6.2 Small Range 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 Integrated Eddy Current Displacement Sensor Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Automobile
12.10.3 Electric Power
12.10.4 Petroleum
12.10.5 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) Integrated Eddy Current Displacement Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Integrated Eddy Current Displacement Sensor 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) Integrated Eddy Current Displacement Sensor Market Size Forecast by Type
13.6.1 Large Range Sensor
13.6.2 Small Range 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) Integrated Eddy Current Displacement Sensor Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Automobile
13.10.3 Electric Power
13.10.4 Petroleum
13.10.5 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 Integrated Eddy Current Displacement Sensor Market: Competitive Dashboard
14.2 Global Integrated Eddy Current Displacement Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Bruel & Kjar
14.3.3 Kaman
14.3.4 Micro-Epsilon
14.3.5 Emerson
14.3.6 SHINKAWA
14.3.7 KEYNECE
14.3.8 RockWell Automation
14.3.9 Lion Precision (Motion Tech Automation)
14.3.10 IFM
14.3.11 GE
14.3.12 Panasonic
14.3.13 Methode Electronics
14.3.14 SKF
14.3.15 Zhuzhou Zhonghang
14.3.16 LaunchPoint
14.3.17 Althen
14.3.18 Shanghai Cezhen
