Canada Vibration Sensor Market Size & Outlook, 2023-2030
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Canada vibration sensor market highlights
- The Canada vibration sensor market generated a revenue of USD 623.2 million in 2023 and is expected to reach USD 1,002.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, accelerometers was the largest revenue generating type in 2023.
- Displacement Sensor is the most lucrative type segment registering the fastest growth during the forecast period.
Vibration sensor market data book summary
| Market revenue in 2023 | USD 623.2 million |
| Market revenue in 2030 | USD 1,002.5 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Accelerometers |
| Fastest growing segment | Displacement Sensor |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Accelerometers, Velocity Sensor, Displacement Sensor |
| Key market players worldwide | Baumer, Bosch, TE Connectivity Ltd, Emerson Electric Co, Honeywell International Inc, Safran SA, Spectris PLC, Analog Devices Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 10.4% of the global vibration sensor market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. vibration sensor market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,002.5 million by 2030.
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Vibration Sensor Market Scope
Vibration Sensor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Spectris PLC | View profile | 6979 | 44-46 Aldwych, Melbourne House, 5th Floor, London, United Kingdom, WC2B 4LL | https://www.spectris.com |
| Baumer | View profile | 101-250 | Konstanz, Baden-Wurttemberg, Germany, Europe | http://www.baumerinspection.com |
| Safran SA | View profile | 83278 | 2, boulevard du General-Martial-Valin, Paris, France, 75015 | https://www.safran-group.com |
| Bosch | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | http://www.bosch.com |
| TE Connectivity Ltd | View profile | 90000 | Muhlenstrasse 26, Schaffhausen, Switzerland, CH-8200 | https://www.te.com |
| Analog Devices Inc | View profile | 26000 | One Analog Way, Wilmington, MA, United States, 01887 | https://www.analog.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
Canada vibration sensor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vibration sensor market will help companies and investors design strategic landscapes.
Accelerometers was the largest segment with a revenue share of 42.47% in 2023. Horizon Databook has segmented the Canada vibration sensor market based on accelerometers, velocity sensor, displacement sensor covering the revenue growth of each sub-segment from 2017 to 2030.
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Our clientele includes a mix of vibration sensor market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada vibration sensor market , including forecasts for subscribers. This country databook contains high-level insights into Canada vibration sensor market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada vibration sensor market size, by type, 2017-2030 (US$M)
Canada Vibration Sensor Market Outlook Share, 2023 & 2030 (US$M)
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