Market Overview:
The global LVDT & RVDT 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 devices in various applications, such as military/aerospace, power generation, petrochemical, automotive industry and others. Additionally, the growing demand for miniaturized and portable devices is also contributing to the growth of this market.
Product Definition:
LVDT is an abbreviation for Linear Variable Differential transformer. It is a device used to measure linear displacement or distance. RVDT stands for Rotary Variable Differential transformer and it is a device used to measure rotational displacement or angle.
LVDT:
LVDT (Linear Variable Differential Transformer) is a device used in the measurement of linear variable differential quantities. It consists of two coils, one of which is movable and the other fixed, with an insulated core between them. The two coils are wound around a common axis and connected by an electrical switch that allows current to flow when needed.
The primary function of LVDT is to measure small changes in position.
RVDT:
RVDT stands for Real-time Video Deposition Test. It is a test method used to evaluate the speed and accuracy of video deposition devices under controlled conditions. RVDT uses a high-speed camera to capture moving images which are then played back at regular intervals by the video deposition device. The time taken by this process is known as “Deposition Time”, and it varies depending on factors such as surface texture, lighting conditions, temperature etc.
Application Insights:
The automotive industry is one of the major application areas for level and rotary devices. Leveling systems are used in various applications such as body/fender alignment, tire inflation, and suspension adjustment. Rotationally molded products are preferred for this application owing to their high accuracy, durability, low maintenance requirements and cost-effectiveness. The global market is segmented into military/ aerospace; power generation; petrochemical; automotive industry; construction equipment industry (CEI); mining sector (MVDT & LVDT); marine sector (LMDT & RMDT) among others by region.
In terms of revenue the automotive industry dominated with a share of over 30% in 2017 which is expected to increase over the forecast period due to increasing demand for vehicles from developing countries such as India China Brazil Indonesia etcetera across all regions including North America Europe Asia Pacific Middle East Africa Latin America.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand from end-use industries, such as power generation and automotive. China is anticipated to dominate this region owing to its large manufacturing sector and growing economy. In addition, rising investments in LVDT technology by foreign players are expected to drive the regional market further. For instance, in September 2017, Zhejiang Geely Holding Group Co., Ltd., a Chinese company invested USD X million for acquiring a 33% stake of SsangYong Motor Company Limited (known as Hyosung Motors until 2016). This acquisition will help Geely gain control over one of South Korea’s top five automakers through its new subsidiary ‘Geely Automobile'.
Growth Factors:
- Increasing demand for position and displacement measurement in industrial automation applications
- Rising adoption of LVDTs and RVDTs in automotive industry
- Growing popularity of smart sensors and MEMS technology
- Proliferation of Internet of Things (IoT) and connected devices
- Emerging markets such as China, India, Brazil, etc
Scope Of The Report
Report Attributes
Report Details
Report Title
LVDT & RVDT Market Research Report
By Type
LVDT, RVDT
By Application
Military/Aerospace, Power Generation, Petrochemical, Automotive Industry, Others
By Companies
Honeywell, TE Connectivity, Sensata Technologies (Kavlico), Curtiss-Wright, G.W. Lisk Company, Micro-Epsilon, AMETEK, Meggitt (Sensorex), Hoffmann + Krippner (Inelta), OMEGA (Spectris), Honeywell, Monitran, WayCon Positionsmesstechnik, Active Sensors, Parker Hannifin (LORD)
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global LVDT & RVDT Market Report Segments:
The global LVDT & RVDT market is segmented on the basis of:
Types
LVDT, RVDT
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
Military/Aerospace, Power Generation, Petrochemical, Automotive Industry, 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:
- Honeywell
- TE Connectivity
- Sensata Technologies (Kavlico)
- Curtiss-Wright
- G.W. Lisk Company
- Micro-Epsilon
- AMETEK
- Meggitt (Sensorex)
- Hoffmann + Krippner (Inelta)
- OMEGA (Spectris)
- Honeywell
- Monitran
- WayCon Positionsmesstechnik
- Active Sensors
- Parker Hannifin (LORD)
Highlights of The LVDT & RVDT 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:
- LVDT
- RVDT
- By Application:
- Military/Aerospace
- Power Generation
- Petrochemical
- Automotive Industry
- 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 LVDT & RVDT 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?
LVDT is an acronym for Linear Variable Displacement Transducer. It is a type of displacement transducer that uses a linear motion to measure displacement or change in distance. RVDT is an acronym for Rotary Variable Displacement Transducer and it uses rotary motion to measure displacement or change in distance.
Some of the major players in the lvdt & rvdt market are Honeywell, TE Connectivity, Sensata Technologies (Kavlico), Curtiss-Wright, G.W. Lisk Company, Micro-Epsilon, AMETEK, Meggitt (Sensorex), Hoffmann + Krippner (Inelta), OMEGA (Spectris), Honeywell, Monitran, WayCon Positionsmesstechnik, Active Sensors, Parker Hannifin (LORD).
The lvdt & rvdt 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 LVDT & RVDT 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 LVDT & RVDT Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LVDT & RVDT 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 LVDT & RVDT 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 LVDT & RVDT Market Size & Forecast, 2020-2028
4.5.1 LVDT & RVDT Market Size and Y-o-Y Growth
4.5.2 LVDT & RVDT 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 LVDT
5.2.2 RVDT
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 Military/Aerospace
6.2.2 Power Generation
6.2.3 Petrochemical
6.2.4 Automotive Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LVDT & RVDT 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 LVDT & RVDT 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 LVDT
9.6.2 RVDT
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 Military/Aerospace
9.10.2 Power Generation
9.10.3 Petrochemical
9.10.4 Automotive Industry
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 LVDT
10.6.2 RVDT
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 Military/Aerospace
10.10.2 Power Generation
10.10.3 Petrochemical
10.10.4 Automotive Industry
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 LVDT
11.6.2 RVDT
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 Military/Aerospace
11.10.2 Power Generation
11.10.3 Petrochemical
11.10.4 Automotive Industry
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 LVDT
12.6.2 RVDT
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 Military/Aerospace
12.10.2 Power Generation
12.10.3 Petrochemical
12.10.4 Automotive Industry
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 LVDT
13.6.2 RVDT
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 Military/Aerospace
13.10.2 Power Generation
13.10.3 Petrochemical
13.10.4 Automotive Industry
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 LVDT & RVDT Market: Competitive Dashboard
14.2 Global LVDT & RVDT Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 TE Connectivity
14.3.3 Sensata Technologies (Kavlico)
14.3.4 Curtiss-Wright
14.3.5 G.W. Lisk Company
14.3.6 Micro-Epsilon
14.3.7 AMETEK
14.3.8 Meggitt (Sensorex)
14.3.9 Hoffmann + Krippner (Inelta)
14.3.10 OMEGA (Spectris)
14.3.11 Honeywell
14.3.12 Monitran
14.3.13 WayCon Positionsmesstechnik
14.3.14 Active Sensors
14.3.15 Parker Hannifin (LORD)
