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.
The LVDT Transducers market is characterized by the presence of many vendors. These vendors are increasingly competing against each other based on factors such as access to raw materials, economies of scales, product innovations, and ability to recycle as the cost of raw materials is very high. Vendors in LVDT Transducers market are focusing on gaining faster access to the raw materials and lowering the manufacturing costs of LVDT Transducers. They are also focusing on customization of products as per end-user industries.
By product, the global LVDT transducer market is segmented into AC LVDT and DC LVDT transducer which are widely used for Military/Aerospace, Power generation, Petrochemical, Automotive Industry. Of these, AC LVDT transducer accounts for majority 38.75% market share of global revenue and DC LVDT accounts for majority 61.25% market share of global revenue in 2017.
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The market is growing at a very rapid pace and with rise in technological innovation, competition and M&A activities in the industry many local and regional vendors are offering specific application products for varied end-users. The new manufacturer entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Over the next five years, Publisher projects that LVDT Transducers will register a 6.3% CAGR in terms of revenue, reach US$ 940 million by 2023, from US$ 650 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of LVDT Transducers market by product type, application, key manufacturers and key regions.
To calculate the market size, Publisher considers value and volume generated from the sales of the following segments:
Segmentation by product type:
AC Type
DC Type
Segmentation by application:
Military/Aerospace
Power Generation
Petrochemical
Automotive Industry
Other
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
TE Connectivity
Honeywell
Sensata Technologies (Kavlico)
AMETEK
Curtiss-Wright
Micro-Epsilon
Meggitt (Sensorex)
Hoffmann + Krippner (Inelta)
G.W. Lisk Company
OMEGA (Spectris)
Sensonics
Monitran
WayCon Positionsmesstechnik
Active Sensors
LORD Corporation
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Some Points From Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global LVDT Transducers by Players
4 LVDT Transducers by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
Continued…
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