Market Overview:
The global inductive and LVDT 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 inductive and LVDT sensors in various applications such as military and aerospace, power generation, oil and gas, automotive industry, and others. Additionally, the growing demand for miniaturized sensors is also contributing to the growth of this market.
Product Definition:
An inductive sensor is a type of proximity sensor that uses an electric current to generate a magnetic field. The magnetic field interacts with a metal target, causing eddy currents to flow in the target. These eddy currents create their own magnetic fields, which oppose the original field. The strength of this opposing field is proportional to the distance between the sensor and the target.
An LVDT (Linear Variable Differential Transformer) is an electronic device used for measuring linear displacement or position. It consists of three coils wound around each other: two primary coils and one secondary coil. When there is no displacement, equal current flows through all three coils and they are effectively in series (Figure 1).
DC Operated LVDT Sensor:
DC operated LVDT sensor is a device used to measure the distance between two conductors in an electric field. It's named as such because it uses the principle of induction by making use of a coil connected to one or more sensors. The device works on the basis that any change in magnetic flux produced by electric current will produce an electromagnetic field around it and this helps in measuring the distance between two points.
AC Operated LVDT Sensor:
AC operated LVDT sensor is a device that generates an electric signal by means of the induction of electrical energy from power lines. The signal is used to measure the position and speed of work pieces during the manufacturing process. It finds its application in various industries such as automotive, food & beverage, pharmaceuticals, machine tools and semiconductor equipment among others.
Application Insights:
The automotive industry is one of the major consumers of LVDT sensors. The rising need for advanced technology and stringent regulations are expected to drive the demand in this application segment over the forecast period. In addition, a significant rise in production levels of electric vehicles is anticipated to further augment demand from this sector over the next eight years.
The military and aerospace sector accounted for a considerable share in 2017 owing to increasing defense expenditure across various countries including China, India Japan, Saudi Arabia etc., which has resulted in increased utilization of these products worldwide. Moreover, presence of key defense manufacturing companies such as Israel Military Industries (IMI) & Elbit Systems Ltd.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for LVDT sensors from various end-use industries in this region. The growing automotive industry in Asia Pacific, especially in China and India, is anticipated to drive product demand over the next eight years. In addition, rising defense spending by countries such as India and China are likely to contribute toward market growth during the forecast period.
The presence of numerous oil & gas projects across North America has led to an increase in power generation activities within this region. This has resulted into increased requirement for induction motors used as governors of turbines or alternators that generate electricity from a generator set or motor set respectively thereby driving product demand over the projected period.
Europe accounted for more than 25% revenue share of global market volume owing its large application base across several end-use industries such as aerospace.
Growth Factors:
- Increasing demand for sensors in automotive industry
- Growing demand from the medical sector
- Rising popularity of smart sensors
- Proliferation of the Internet of Things (IoT) and big data analytics
- Technological advancements in sensor manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Inductive and LVDT Sensor Market Research Report
By Type
DC Operated LVDT Sensor, AC Operated LVDT Sensor
By Application
Military and Aerospace, Power Generation, Oil and Gas, Automotive Industry, Others
By Companies
TE Connectivity, Honeywell, Sensata Technologies (Kavlico), AMETEK, Curtiss-Wright, Micro-Epsilon, Meggitt (Sensorex), Keyence, Hoffmann + Krippner (Inelta), G.W. Lisk Company, OMEGA (Spectris), Sensonics, Monitran, WayCon Positionsmesstechnik, Active Sensors, LORD Corporation
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Inductive and LVDT Sensor Market Report Segments:
The global Inductive and LVDT Sensor market is segmented on the basis of:
Types
DC Operated LVDT Sensor, AC Operated LVDT 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
Military and Aerospace, Power Generation, Oil and Gas, 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:
- TE Connectivity
- Honeywell
- Sensata Technologies (Kavlico)
- AMETEK
- Curtiss-Wright
- Micro-Epsilon
- Meggitt (Sensorex)
- Keyence
- Hoffmann + Krippner (Inelta)
- G.W. Lisk Company
- OMEGA (Spectris)
- Sensonics
- Monitran
- WayCon Positionsmesstechnik
- Active Sensors
- LORD Corporation
Highlights of The Inductive and LVDT 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:
- DC Operated LVDT Sensor
- AC Operated LVDT Sensor
- By Application:
- Military and Aerospace
- Power Generation
- Oil and Gas
- 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 Inductive and LVDT 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.
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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 inductive sensor is a type of sensor that uses an induction coil to measure the magnetic field. An LVDT sensor is a type of sensor that uses an LVDT (linear variable differential transformer) to measure the displacement or movement of a magnet.
Some of the major players in the inductive and lvdt sensor market are TE Connectivity, Honeywell, Sensata Technologies (Kavlico), AMETEK, Curtiss-Wright, Micro-Epsilon, Meggitt (Sensorex), Keyence, Hoffmann + Krippner (Inelta), G.W. Lisk Company, OMEGA (Spectris), Sensonics, Monitran, WayCon Positionsmesstechnik, Active Sensors, LORD Corporation.
The inductive and lvdt sensor market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Inductive and LVDT Sensor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Inductive and LVDT Sensor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Inductive and LVDT Sensor Market - Supply Chain
4.5. Global Inductive and LVDT Sensor Market Forecast
4.5.1. Inductive and LVDT Sensor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Inductive and LVDT Sensor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Inductive and LVDT Sensor Market Absolute $ Opportunity
5. Global Inductive and LVDT Sensor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Inductive and LVDT Sensor Market Size and Volume Forecast by Type
5.3.1. DC Operated LVDT Sensor
5.3.2. AC Operated LVDT Sensor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Inductive and LVDT Sensor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Inductive and LVDT Sensor Market Size and Volume Forecast by Application
6.3.1. Military and Aerospace
6.3.2. Power Generation
6.3.3. Oil and Gas
6.3.4. Automotive Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Inductive and LVDT Sensor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Inductive and LVDT Sensor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Inductive and LVDT Sensor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Inductive and LVDT Sensor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Inductive and LVDT Sensor Demand Share Forecast, 2019-2026
9. North America Inductive and LVDT Sensor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Inductive and LVDT Sensor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Inductive and LVDT Sensor Market Size and Volume Forecast by Application
9.4.1. Military and Aerospace
9.4.2. Power Generation
9.4.3. Oil and Gas
9.4.4. Automotive Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Inductive and LVDT Sensor Market Size and Volume Forecast by Type
9.7.1. DC Operated LVDT Sensor
9.7.2. AC Operated LVDT Sensor
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Inductive and LVDT Sensor Demand Share Forecast, 2019-2026
10. Latin America Inductive and LVDT Sensor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Inductive and LVDT Sensor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Inductive and LVDT Sensor Market Size and Volume Forecast by Application
10.4.1. Military and Aerospace
10.4.2. Power Generation
10.4.3. Oil and Gas
10.4.4. Automotive Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Inductive and LVDT Sensor Market Size and Volume Forecast by Type
10.7.1. DC Operated LVDT Sensor
10.7.2. AC Operated LVDT Sensor
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Inductive and LVDT Sensor Demand Share Forecast, 2019-2026
11. Europe Inductive and LVDT Sensor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Inductive and LVDT Sensor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Inductive and LVDT Sensor Market Size and Volume Forecast by Application
11.4.1. Military and Aerospace
11.4.2. Power Generation
11.4.3. Oil and Gas
11.4.4. Automotive Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Inductive and LVDT Sensor Market Size and Volume Forecast by Type
11.7.1. DC Operated LVDT Sensor
11.7.2. AC Operated LVDT Sensor
11.8. Bais Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Inductive and LVDT Sensor Demand Share, 2019-2026
12. Asia Pacific Inductive and LVDT Sensor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Inductive and LVDT Sensor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Inductive and LVDT Sensor Market Size and Volume Forecast by Application
12.4.1. Military and Aerospace
12.4.2. Power Generation
12.4.3. Oil and Gas
12.4.4. Automotive Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Inductive and LVDT Sensor Market Size and Volume Forecast by Type
12.7.1. DC Operated LVDT Sensor
12.7.2. AC Operated LVDT Sensor
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Inductive and LVDT Sensor Demand Share, 2019-2026
13. Middle East & Africa Inductive and LVDT Sensor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Inductive and LVDT Sensor Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Inductive and LVDT Sensor Market Size and Volume Forecast by Application
13.4.1. Military and Aerospace
13.4.2. Power Generation
13.4.3. Oil and Gas
13.4.4. Automotive Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Inductive and LVDT Sensor Market Size and Volume Forecast by Type
13.7.1. DC Operated LVDT Sensor
13.7.2. AC Operated LVDT Sensor
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Inductive and LVDT Sensor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Inductive and LVDT Sensor Market: Market Share Analysis
14.2. Inductive and LVDT Sensor Distributors and Customers
14.3. Inductive and LVDT Sensor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TE Connectivity
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sensata Technologies (Kavlico)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AMETEK
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Curtiss-Wright
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Micro-Epsilon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Meggitt (Sensorex)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Keyence
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hoffmann + Krippner (Inelta)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. G.W. Lisk Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. OMEGA (Spectris)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sensonics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Monitran
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. WayCon Positionsmesstechnik
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Active Sensors
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. LORD Corporation
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
