Key Factors for Global LVDT Transducers Market to Show 5.9% Growth Rate to 2028

Linear Variable Differential Transformers (LVDT) are non-contact, absolute position sensors. They include a transformer housed into a metal case and a ferromagnetic core which can be attached to an extension rod. The core slides inside the spool tube (also called boreliner) of the transformer. The transformer contains the coil assembly with primary and secondary windings and, in the case of DC LVDTs, the signal conditioning electronics as well.

Global LVDT Transducers key players include TE Connectivity, Honeywell, Sensata Technologies (Kavlico), etc. Global top three manufacturers hold a share over 35%.

Europe is the largest market, with a share over 30%, followed by North America and China, have a share about 45 percent.

In terms of product, DC Type is the largest segment, with a share about 60%. And in terms of application, the largest application is Military/Aerospace, followed by Power Generation, Petrochemical, Automotive Industry, etc.

The global LVDT Transducers market was valued at US$ 783.2 million in 2020 and it is expected to reach US$ 1169.3 million by the end of 2027, growing at a CAGR of 5.9% during 2021-2027.

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.

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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. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • AC Type
  • DC Type

Segment by Application

  • Military/Aerospace
  • Power Generation
  • Petrochemical
  • Automotive Industry
  • Other

By Company

  • TE Connectivity
  • Honeywell
  • Sensata Technologies (Kavlico)
  • AMETEK
  • Curtiss-Wright
  • Micro-Epsilon
  • Meggitt (Sensorex)
  • Hoffmann + Krippner (Inelta)
  • W. Lisk Company
  • OMEGA (Spectris)
  • Sensonics
  • Monitran
  • WayCon Positionsmesstechnik
  • Active Sensors
  • LORD Corporation

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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