Market Overview:
The global optical vibration sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for optical vibration sensors in various applications such as industry, laboratory, and others. Optical vibration sensors are used for measuring the vibrations of objects or systems by converting them into an electrical signal. These sensors are available in two types: high temperature version and room temperature version. The high temperature version is used for measuring vibrations in environments with high temperatures, whereas the room temperature version is used for measuring vibrations in environments with normal temperatures. Optical vibration sensors find application across a wide range of industries such as automotive, aerospace & defense, industrial machinery, medical devices & equipment, and others.
Product Definition:
An optical vibration sensor is a device that uses light to measure the vibrations of an object. This type of sensor can be used to detect changes in acceleration, displacement, or velocity. Optical vibration sensors are often used in industrial and manufacturing applications where precise measurements are required.
High Temperature Version:
High temperature version is a special type of sensor that can operate at temperatures above 300°C without any degradation in performance. The normal versions are limited to operating within an operational range of 100-200°C. High temperature version has advantages such as higher resolution, faster response time and enhanced accuracy over the normal ones. These sensors also have better stability across varied environmental conditions which makes them more suitable for industrial applications where precision is important.
Room Temperature Version:
The room temperature version is a special type of sensor that can operate at any temperature. It has no preferred range and works well in extreme conditions. The major advantage of using this product is that it does not require cooling like other products do, which makes it suitable to be used in high-temperature applications such as furnaces and ovens.
This type of sensor can also be used for human body temperature measurement since they are accurate even at high temperatures.
Application Insights:
The industry application segment accounted for the largest share of more than 50.0% in 2017. The growth is attributed to the increasing demand from various industries such as oil & gas, construction, aerospace and defense among others. Optical sensors provide accurate measurements in harsh environments with high immunity to vibration and thermal noise thereby making them suitable for industrial applications over other types of sensors.
The laboratory application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to an increase in R&D activities pertaining optical vibration sensors that can withstand higher levels of vibrations without affecting the measurement accuracy thus making it ideal for use in laboratories across multiple verticals including medicine, automotive.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of end-users and OEMs. The region is expected to maintain its dominance over the forecast period due to increasing R&D activities and high adoption rate for advanced technologies. Moreover, growing industrial automation in this region is also contributing toward market growth.
The Asia Pacific regional market captured significant share in 2017 owing to rapid industrialization, coupled with government initiatives encouraging foreign investments especially in China & India. These countries are adopting western culture of living and working which has increased work efficiency resulting into higher production output leading to greater demand for Optical Vibration Sensors (OEMS).
Growth Factors:
- Increasing demand from the automotive industry for advanced safety features in vehicles
- Growing demand for optical vibration sensors in medical and healthcare applications
- Rising adoption of optical vibration sensors in industrial and process automation applications
- Increasing use of optical vibration sensors in research and development laboratories
- Proliferation of Internet of Things (IoT) and connected devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Vibration Sensors Market Research Report
By Type
High Temperature Version, Room Temperature Version
By Application
Industry, Laboratory, Others
By Companies
Spectris, Technica, FORC-Photonics, Mechanical Technology
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 Optical Vibration Sensors Market Report Segments:
The global Optical Vibration Sensors market is segmented on the basis of:
Types
High Temperature Version, Room Temperature Version
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
Industry, Laboratory, 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:
- Spectris
- Technica
- FORC-Photonics
- Mechanical Technology
Highlights of The Optical Vibration Sensors 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:
- High Temperature Version
- Room Temperature Version
- By Application:
- Industry
- Laboratory
- 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 Optical Vibration Sensors 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
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 optical vibration sensor is a type of sensor that uses light to detect movement. Optical vibration sensors are often used in industrial applications, such as robotics and machine vision, to detect objects that are moving around.
Some of the major players in the optical vibration sensors market are Spectris, Technica, FORC-Photonics, Mechanical Technology.
The optical vibration sensors market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optical Vibration Sensors 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 Optical Vibration Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Vibration Sensors 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 Optical Vibration Sensors 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 Optical Vibration Sensors Market Size & Forecast, 2018-2028
4.5.1 Optical Vibration Sensors Market Size and Y-o-Y Growth
4.5.2 Optical Vibration Sensors Market Absolute $ Opportunity
Chapter 5 Global Optical Vibration Sensors 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 Optical Vibration Sensors Market Size Forecast by Type
5.2.1 High Temperature Version
5.2.2 Room Temperature Version
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Vibration Sensors 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 Optical Vibration Sensors Market Size Forecast by Applications
6.2.1 Industry
6.2.2 Laboratory
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Vibration Sensors 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 Optical Vibration Sensors 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 Optical Vibration Sensors Analysis and Forecast
9.1 Introduction
9.2 North America Optical Vibration Sensors 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 Optical Vibration Sensors Market Size Forecast by Type
9.6.1 High Temperature Version
9.6.2 Room Temperature Version
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 Optical Vibration Sensors Market Size Forecast by Applications
9.10.1 Industry
9.10.2 Laboratory
9.10.3 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 Optical Vibration Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Vibration Sensors 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 Optical Vibration Sensors Market Size Forecast by Type
10.6.1 High Temperature Version
10.6.2 Room Temperature Version
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 Optical Vibration Sensors Market Size Forecast by Applications
10.10.1 Industry
10.10.2 Laboratory
10.10.3 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 Optical Vibration Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Vibration Sensors 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 Optical Vibration Sensors Market Size Forecast by Type
11.6.1 High Temperature Version
11.6.2 Room Temperature Version
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 Optical Vibration Sensors Market Size Forecast by Applications
11.10.1 Industry
11.10.2 Laboratory
11.10.3 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 Optical Vibration Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Vibration Sensors 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 Optical Vibration Sensors Market Size Forecast by Type
12.6.1 High Temperature Version
12.6.2 Room Temperature Version
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 Optical Vibration Sensors Market Size Forecast by Applications
12.10.1 Industry
12.10.2 Laboratory
12.10.3 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) Optical Vibration Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Vibration Sensors 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) Optical Vibration Sensors Market Size Forecast by Type
13.6.1 High Temperature Version
13.6.2 Room Temperature Version
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) Optical Vibration Sensors Market Size Forecast by Applications
13.10.1 Industry
13.10.2 Laboratory
13.10.3 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 Optical Vibration Sensors Market: Competitive Dashboard
14.2 Global Optical Vibration Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Spectris
14.3.2 Technica
14.3.3 FORC-Photonics
14.3.4 Mechanical Technology
