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.
At present, the foreign industrial developed countries the Eddy Current Sensor industry is generally at a more advanced level, the world's largest enterprises are mainly concentrated in USA and Europe. Meanwhile, foreign companies have more advanced equipment, strong R & D capability. The technical level is in a leading position. But foreign companies? manufacturing cost is relatively high as compared to the Chinese companies. The manufacturing cost has competitive disadvantage, as the Chinese Eddy Current Sensor production technology continues to be improved. Their shares in the international market are increasing as well as competition in the international market gradually increases.

China?s Eddy Current Sensor industry has developed into a national industry with certain research and production capacity. The industry product mix has gradually improved, but the production technology is relatively laggard. It can only be produced some low-end product, although the new production lines is increasing, the high-end product is still relying on import.

The top two manufacturers are GE and Bruel & Kjar. Each of their production market shares was 12.69%, and 11.42% of global production in 2014. Although in recent years a batch of new projects is put into production, in the future, the competition pattern will not change.

With the rapid growth of the national economy as well as the rapid development of downstream industries, machinery protection system product keep on stable growth in china, the automobile industry is also growing in the downturn global economy situation. Chinese Eddy Current Sensor market demand is exuberant, which provide a good opportunity for the development of Eddy Current Sensor market and technology.

Despite, the presence of competition problems, due to the global recovery trend. It is clear that, investors are still optimistic about this area, the future we will still have more new investors to enter into this field.

Although Eddy Current Sensor brings lot of opportunities, the study group recommends the new entrants who have money but lack technical advantage of upstream and downstream support should not enter into this field.


According to this study, over the next five years the Eddy Current Sensor market will register a 0.5% CAGR in terms of revenue, the global market size will reach USD 604500 million by 2024, from USD 586700 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Eddy Current Sensor business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Eddy Current Sensor market by product type, application, key manufacturers and key regions and countries.

This study considers the Eddy Current Sensor value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Split type Eddy Current Displacement Sensor
Integrated Eddy Current Displacement Sensor
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Aerospace
Automobile
Electric power
Petroleum
Chemical
Other

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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- Breakdown data in in Chapter 3.
GE
Bruel & Kjar
Lion Precision
Kaman
Micro-Epsilon
Emerson
SHINKAWA
KEYNECE
RockWell Automation
IFM
OMRON
Pansonic
Methode Electronics
LaunchPoint
SKF
Zhonghang

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Eddy Current Sensor consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Eddy Current Sensor market by identifying its various subsegments.
Focuses on the key global Eddy Current Sensor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Eddy Current Sensor with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Eddy Current Sensor submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.