Global Inductive and LVDT Sensor Market - By Type (DC Operated LVDT Sensor, AC Operated LVDT Sensor, Digital IO LVDT Sensor, Variable Inductance Sensors, Variable Reluctance Sensors), Products (XLT, LVDT Gaging Sensor, LVDT Displacement Position Sensor), Applications, Geography, Trends, Forecast - (2017 - 2022)
The Global Inductive & LVDT sensor market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of 7.9% during the forecast period of 2017 - 2022. Linear Variable Displacement Transformer (LVDT) is also known as linear variable displacement transformer, or linear variable displacement transducer, differential transformer. It is electromechanical transducer that can convert the rectilinear motion of an object into a subsequent electrical signal. A displacement sensor measures the displacement of object of interest from one point to another. Inductive sensors work on transformer principles and use a physical phenomenon based on alternating electrical currents.
The growth of the Inductive & LVDT sensor market is fueled by increasing adoption of LVDT sensors in automobile sector. Moreover, the growing awareness of safety in automobiles is also driving the market. The Inductive & LVDT Sensor Market has been segmented into types, products, and applications. On the basis of types market is categorized into DC Operated LVDT Sensor, AC Operated LVDT Sensor, Digital I/O LVDT Sensor, Variable Inductance Sensors, Variable Reluctance Sensors, and Others. Further, application of inductive & LDVT Sensor market are Modern Machine-Tools, Robotics, Avionics, Computerized Manufacturing, and others.
Numerous products are available in the inductive & LVDT sensor market such as XLT, LVDT Gaging Sensor, LVDT Displacement/Position Sensor, and others. The Inductive and LVDT sensor market is highly competitive with some of the key participants are RDP Electrosense, Inc., Micro-Epsilon, Copper Instruments, Comptrol Incorporated, Brunswick Instrument, LLC, Omega Engineering, Inc., AMETEK Solartron Metrology, and others.
Published By: Mordor Intelligence
Published Date: Q1 2017