Market Overview:
The global linear variable displacement transducers (LVDT) 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 linear variable displacement transducers in various applications such as air conditioning, industrial drying, medicine industry, brazing and welding, and others. Additionally, the growing demand for miniaturized LVDTs is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period. On basis of type, lithium bromide solution held a major share of the global linear variable displacement transducers (LVDT) market in 2017.
 Industry Outlook.svg)
Product Definition:
Linear Variable Displacement Transducers (LVDT) are devices used to measure linear displacement. They work by measuring the change in inductance of a coil as it moves through a magnetic field. This change in inductance is proportional to the distance the coil has moved. LVDTs are often used in precision measurements or where there is a need for high accuracy measurements.
Lithium Bromide Solution:
Lithium bromide is a salt, which dissolves in water and is slightly soluble in alcohol. It has a crystalline structure and colorless & odorless properties. Lithium Bromide (LiBr) solution consists of anion Br- with cation Li+. The solution exhibits high stability towards acids & bases, thermal decomposition, oxidation and reduction.
Lithium Bromide Anhydrous:
Lithium bromide anhydrous is a crystalline compound, which is colorless and has a pungent odor. It's appearance is similar to table salt (sodium chloride) with crystals of bromine in it. Lithium Bromide Anhydrous can be used as an electrolyte in LVDT devices or as a source for the generation of bradykinin & kallikrein by recombinant DNA technology.
Application Insights:
The global market is segmented by application into air conditioning, industrial drying, medicine industry, brazing and welding, and others. The air conditioning segment dominated the overall market in terms of revenue share in 2017. This can be attributed to the growing demand for LVDTs from various industries such as automotive and aerospace which require precise measurement of volume flow rate for testing purposes.
The industrial drying segment is expected to witness significant growth over the forecast period owing to increasing demand from various industries such as food processing where they are used for measuring liquid-solid separation processes including evaporation rates & mass transfer coefficients among others. They are also used in metallurgical applications where they provide highly accurate measures of volumetric flow rates during chemical reactions at high temperatures along with other process parameters that affect reaction outcomes such as pressure drop across a unit surface area etc.
Regional Analysis:
The North American regional market dominated the global industry in 2017. The growth of this region can be attributed to the presence of a large number of players and increased adoption of automation in various industries. Moreover, growing demand for energy-efficient products is expected to drive the market over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing industrialization and rising awareness about benefits associated with LVDTs across several end-use industries such as automotive, aerospace & defense, electronics & electrical equipment manufacturing, etc. In addition, growing infrastructure activities are also projected to have a positive impact on product demand during this period.
Growth Factors:
- Increasing demand for linear variable displacement transducers in the automotive industry for precision measurement and control applications
- Growing demand from the medical device industry for LVDTs in patient-monitoring systems and other medical equipment
- Rising adoption of LVDTs in industrial automation applications
- Increasing use of LVDTs in research and development laboratories
- Technological advancements that are resulting in smaller, lighter, and more energy-efficient LVDTs
Scope Of The Report
Report Attributes
Report Details
Report Title
Linear Variable Displacement Transducers (LVDT) Market Research Report
By Type
Lithium Bromide Solution, Lithium Bromide Anhydrous, Others
By Application
Air Conditioning, Industrial Drying, Medicine Industry, Brazing and Welding, Others
By Companies
Rockwood Lithium, FMC Corporation, Leverton-Clarke, ICL-IP, Shreenivas Chemicals, Dhara Fine Chem, Westman Chemicals, Nanjing Taiye Chemical, Honjo Chemical, Haoxin Liyan, Jiangsu World Chemical Industry, Jiangxi Dongpeng New Materials, Dongying Bromate Chemicals, Shanghai China Lithium Industrial, Shandong Tianxin Chemical, Huizhi Lithium Energy
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Linear Variable Displacement Transducers (LVDT) Market Report Segments:
The global Linear Variable Displacement Transducers (LVDT) market is segmented on the basis of:
Types
Lithium Bromide Solution, Lithium Bromide Anhydrous, Others
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
Air Conditioning, Industrial Drying, Medicine Industry, Brazing and Welding, Others
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:
- Rockwood Lithium
- FMC Corporation
- Leverton-Clarke
- ICL-IP
- Shreenivas Chemicals
- Dhara Fine Chem
- Westman Chemicals
- Nanjing Taiye Chemical
- Honjo Chemical
- Haoxin Liyan
- Jiangsu World Chemical Industry
- Jiangxi Dongpeng New Materials
- Dongying Bromate Chemicals
- Shanghai China Lithium Industrial
- Shandong Tianxin Chemical
- Huizhi Lithium Energy
 Market Overview.svg)
Highlights of The Linear Variable Displacement Transducers (LVDT) 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:
- Lithium Bromide Solution
- Lithium Bromide Anhydrous
- Others
- By Application:
- Air Conditioning
- Industrial Drying
- Medicine Industry
- Brazing and Welding
- Others
- 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 Linear Variable Displacement Transducers (LVDT) 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
Linear Variable Displacement Transducers (LVDT) are a type of displacement sensor that uses linear motion to measure the displacement of an object. The sensor is typically mounted on a movable platform, such as a beam or probe, and can be used to detect small changes in position.
Some of the major companies in the linear variable displacement transducers (lvdt) market are Rockwood Lithium, FMC Corporation, Leverton-Clarke, ICL-IP, Shreenivas Chemicals, Dhara Fine Chem, Westman Chemicals, Nanjing Taiye Chemical, Honjo Chemical, Haoxin Liyan, Jiangsu World Chemical Industry, Jiangxi Dongpeng New Materials, Dongying Bromate Chemicals, Shanghai China Lithium Industrial, Shandong Tianxin Chemical, Huizhi Lithium Energy.
The linear variable displacement transducers (lvdt) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Linear Variable Displacement Transducers (LVDT) 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 Linear Variable Displacement Transducers (LVDT) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Linear Variable Displacement Transducers (LVDT) 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 Linear Variable Displacement Transducers (LVDT) 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 Linear Variable Displacement Transducers (LVDT) Market Size & Forecast, 2020-2028
4.5.1 Linear Variable Displacement Transducers (LVDT) Market Size and Y-o-Y Growth
4.5.2 Linear Variable Displacement Transducers (LVDT) 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 Lithium Bromide Solution
5.2.2 Lithium Bromide Anhydrous
5.2.3 Others
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 Air Conditioning
6.2.2 Industrial Drying
6.2.3 Medicine Industry
6.2.4 Brazing and Welding
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Linear Variable Displacement Transducers (LVDT) 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 Linear Variable Displacement Transducers (LVDT) 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 Lithium Bromide Solution
9.6.2 Lithium Bromide Anhydrous
9.6.3 Others
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 Air Conditioning
9.10.2 Industrial Drying
9.10.3 Medicine Industry
9.10.4 Brazing and Welding
9.10.5 Others
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 Lithium Bromide Solution
10.6.2 Lithium Bromide Anhydrous
10.6.3 Others
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 Air Conditioning
10.10.2 Industrial Drying
10.10.3 Medicine Industry
10.10.4 Brazing and Welding
10.10.5 Others
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 Lithium Bromide Solution
11.6.2 Lithium Bromide Anhydrous
11.6.3 Others
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 Air Conditioning
11.10.2 Industrial Drying
11.10.3 Medicine Industry
11.10.4 Brazing and Welding
11.10.5 Others
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 Lithium Bromide Solution
12.6.2 Lithium Bromide Anhydrous
12.6.3 Others
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 Air Conditioning
12.10.2 Industrial Drying
12.10.3 Medicine Industry
12.10.4 Brazing and Welding
12.10.5 Others
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 Lithium Bromide Solution
13.6.2 Lithium Bromide Anhydrous
13.6.3 Others
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 Air Conditioning
13.10.2 Industrial Drying
13.10.3 Medicine Industry
13.10.4 Brazing and Welding
13.10.5 Others
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 Linear Variable Displacement Transducers (LVDT) Market: Competitive Dashboard
14.2 Global Linear Variable Displacement Transducers (LVDT) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rockwood Lithium
14.3.2 FMC Corporation
14.3.3 Leverton-Clarke
14.3.4 ICL-IP
14.3.5 Shreenivas Chemicals
14.3.6 Dhara Fine Chem
14.3.7 Westman Chemicals
14.3.8 Nanjing Taiye Chemical
14.3.9 Honjo Chemical
14.3.10 Haoxin Liyan
14.3.11 Jiangsu World Chemical Industry
14.3.12 Jiangxi Dongpeng New Materials
14.3.13 Dongying Bromate Chemicals
14.3.14 Shanghai China Lithium Industrial
14.3.15 Shandong Tianxin Chemical
14.3.16 Huizhi Lithium Energy
