The global Eddy Current Sensor market was valued at US$ 570.6 million in 2020 and it is expected to reach US$ 678.7 million by the end of 2027, growing at a CAGR of 2.5% during 2021-2027.
Eddy-Current sensors are noncontact devices capable of high-resolution measurement of the radial vibration, position and/or change of position of any conductive target. Eddy-Current sensors are also called inductive sensors. It is one type of proximity and displacement sensor. Eddy-Current sensors also belong to one type of Non-contact Position/Displacement measurement devices.
Global Eddy Current Sensor key players include GE, Bruel and Kjar, Kaman, Micro-Epsilon, Emerson, etc. Global top five players hold a share about 48%. Asia-Pacific is the largest market, with a share about 35%, followed by Europe and North America, having a total share about 55 percent. In terms of product, Split Type is the largest segment, with a share about 45%. And in terms of application, the largest application is Power Generation, followed by Military/Aerospace、Petrochemical、Automotive Industry.
Global Eddy Current Sensor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Eddy Current Sensor Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are GE, Bruel and Kjar, Kaman, Micro-Epsilon, Emerson, Shinkawa, Keyence, Rockwell Automation, Lion Precision (Motion Tech Automation), Ifm, Omron, Panasonic, Methode Electronics, SKF, Zhonghang Technology, Shanghai Cezhen and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Split Type
- Integrated Type
Segment by Application
- Power Generation
- Automotive Industry
Table of Content:
1 Eddy Current Sensor Market Overview
2 Eddy Current Sensor Market Competition by Manufacturers
3 Eddy Current Sensor Retrospective Market Scenario by Region
4 Global Eddy Current Sensor Historic Market Analysis by Type
5 Global Eddy Current Sensor Historic Market Analysis by Application
6 Key Companies Profiled
7 Eddy Current Sensor Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Eddy Current Sensor Market Dynamics
10 Global Eddy Current Sensor Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta