Vibration Level Switch Market is Segmented by Technology (Vibrating Fork, Vibrating Rod)
Industry: Semiconductor Electronics
Published Date: June-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 309
Report ID: PMRREP33497
According to Persistence Market Research, the global market for vibration level switches will reach US$ 775 million by 2023. From 2023 to 2033, the market is likely to expand at a 5.8% CAGR to reach US$ 1.3 billion. Vibration level switches measure the level of vibration in a liquid without getting close to the liquid. An accelerometer or piezoelectric transducer detects vibrations in liquid through these switches.
Electrical signals are generated by the transducer when vibrations are detected. The signal is sent to a controller when the vibration level exceeds a preset limit, which triggers a warning. Water hammer detectors, turbine monitoring, and cavitation detection are all applications that use these switches. As far as vibration level switch are concerned, North America has a wide range of options. Accelerometers, vibrating forks, and vibrating rods are the most common vibration level switch. In industrial settings, accelerometers are used to detect vibrations in machines by measuring their acceleration.
Vibrating forks are commonly used in liquid applications to detect changes in liquid levels. The vibration of a rod can detect solid objects present in a conveyor system, which is the most common use for vibration rods. In the 2018 research and development funding plan, Shenzhen Jiwei Automations Ltd. was awarded the first batch of funding by the Shenzhen Science and Technology Innovation Commission (SSTIC).
In the years since Jiwei was established, it has achieved several accomplishments in research and development projects concerning Magnetic Level Indicators, Ultrasonic Level Transmitters, and Vibrating Rod Level Switch. Despite high temperatures, strong corrosivity, flammability, and explosion conditions, the instruments have performed well since they were put on the market.
Report Attributes | Details |
---|---|
Vibration Level Switch Market Size (2023) |
US$ 775 million |
Vibration Level Switch Projected Market Value (2033) |
US$ 1.3 billion |
Vibration Level Switch Market CAGR (2023 to 2033) |
5.8% |
United Kingdom Market Growth (2017 to 2021) |
5.2% |
Europe Market Share (2023 to 2033) |
25% |
According to Persistence Market Research (PMR), sales of vibration level switches are expected to grow at a 5.8% CAGR from 2023 to 2033. Over the historical period of 2018 to 2022, the market recorded a 6.4% CAGR.
Numerous industries are ramping up their automation efforts, which is driving the need for vibration level sensors. A real-time monitoring and control system may be able to be integrated with these switch for greater efficiency and reduced downtime.
A variety of level measurement component manufacturers are developing alternative products with no vibration in order to strengthen their market position. As a result, the vibration level switch market is expected to experience a slowdown in its growth in the near future.
Growing population and demand for the food industry in various regions have significantly raised the market for vibration level switch in the market. A variety of functional safety directives are being implemented throughout the world, along with safety guidelines for industrial processes and machines.
The Rapid Growth of Smart Switches and Real Time Data Analysis to drive demand for Vibration Level Switches
Businesses and individuals are becoming more interested in security and safety measures around the world, which is boosting this market. Vibration level switches are gaining traction in the pharmaceutical industry, and this is one of the major factors driving the market in the near future.
The market is witnessing the emergence of smart vibration level switches, which provide real-time data, making them essential to ensuring optimal system performance. It is expected that these switches will continue to be adopted because they are able to transmit vibrations to a central system. This will allow the levels of vibration to be monitored.
Various industrial processes are increasingly automated, which includes remote monitoring. Data can be collected from vibration level switch and sent to a remote location for analysis in response to changes to the system. The system will run smoothly with this approach, resulting in a reduction in downtime.
How the Asia Pacific Region is Contributing to the Growth of Vibration Level Switch in the Market?
Industrialization and Economic Growth will drive Demand for Vibration Level Switches
According to Persistence Market Research, the Asia Pacific is likely to dominate the global market for vibration level switches. vibration level switch sales in Asia Pacific are expected to reach US$ 3.3 billion by 2033. According to the forecast, the market will accumulate a revenue share 24.6%. China is expected to hold a market share of 35%. According to the projections, China's GDP will grow by US$ 116.4 million by the end of 2033 at a CAGR of 6.7%.
As per BP Statistical Review of World Energy 2019, the AsianPacific region has the largest capacity for oil refineries in the world, with 34.75 million barrels being refined each day in 2018. Oil and gas companies around there are going to use vibration level switch more.
China and India, among others, have become industrialized countries that use level measurement extensively. As a result, the market has grown in this region. Vibration level switches have significant scope to be implemented at several companies that manufacture high-risk substances in China, the world's largest manufacturer of chemical products.
Are Vibration Level Switches Popular Among North American Manufacturers?
Automation Growth in Industries will widen Demand for these Products
According to PMR, the vibration level switch market will likely hold a revenue share of 40.2% in North America. As predicted, the United States will hold 80-92% of the market share. By 2033, the United States market is expected to grow at a CAGR of 4.7%.
The chemical and pharmaceutical industries will contribute to the growth of vibration level switch in this region. Manufacturing, industrialization, and digitization have all played a significant role in driving the long-term economic growth of North America. Oil and natural gas industries in this region are expected to enhance the growth of the vibrating level switch market.
Based on Switch Technology, which type of Vibration Level Switches are generating High Sales?
Vibration Fork Switches will likely remain a popular choice in terms of technology
According to market projections, the vibration fork market will grow at a CAGR of 5.7% from 2023 to 2033. Vibrating fork switches are robustly designed with available variations incorporating longer probe shafts, different sensors, and specialized output features, making them versatile for a wide range of applications.
Level switch fitted to vibrating forks are the most popular solution for liquid applications. As safety-critical applications, these switch are used to prevent overfilling, indicate dike levels, and indicate low levels of sealing pots. Fork switch that vibrate are a good option to consider. These portable test kits can be used in hazardous environments and can perform safely, reliably, and accurately. They are also easy to operate.
Is there a Potential Market for Vibration Level Switches in the Chemical Industry?
Extensive Instrumentation Requirements to drive demand for Vibration Level Switches in the Chemical Sector
Vibration level switches are most likely to be deployed in the chemical industry. The chemical industry uses vibration level switch to control pumps, engines, and other equipment. Chemical manufacturing requires more instrumentation than any other industry.
Processes with broad temperature ranges and pressure variations require chemically resistant sensors that are reliable even in challenging circumstances. Hygienic conditions are maintained during the manufacturing process of chemicals to ensure safety and reduce the risk of explosions.
Chemistry, absorption, and filtration are used in the production of most chemicals. In addition to storing bulk liquids, small liquids, buffered liquids, and toxic liquids, distilling primary products, storing solvents, and generating process steam, level measurements are used in the storage of bulk products, silos, and separators for raw materials.
Strategic partnerships are being formed between vibration-level switch manufacturers and technology firms. By expanding its product line, technological capabilities, and marketing presence, the organization hopes to gain more market share. Innovative products could be developed by combining strengths across companies.
Several companies enhance their products' performance through research and development. In addition to gaining a competitive advantage, new products are launched to gain a competitive advantage.
Attribute | Details |
---|---|
Forecast Period |
2023 to 2033 |
Historical Data Available for |
2018 to 2022 |
Market Analysis |
US$ billion for Value |
Key Countries Covered |
|
Key Market Segments Covered |
|
Key Companies Profiled |
|
Customization & Pricing |
Available upon Request |
By Technology
By Application
By Industry
By Region
To know more about delivery timeline for this report Contact Sales
According to estimates, the global vibration level switch market was worth US$ 730 million by 2022.
Vibration level switch cables are expected to generate US$ 775 million in revenue in 2023.
Globally, the market for vibration level switches is expected to reach US$ 1.3 billion by 2033.
The vibration level switch market is expected to grow at a CAGR of 5.8% from 2023 to 2033.
According to Persistence Market Research, vibration level switch sales grew at a CAGR of 6.4% between 2018 and 2022.
Vibration forks will account for a significant revenue of 5.7% CAGR by 2033.
The United States market for vibration level switches is poised to expand at a CAGR of 4.7% from 2023 to 2033.
The Asia Pacific vibration level switch market is forecast to reach a valuation of over US$ 3 billion by 2033.