The Piezoelectric Accelerometers industry was 508.36 million USD in 2017 and is projected to reach USD 656.41 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 3.25% between 2017 and 2025. The market is driven by various end-user industries, such as Aerospace & Defense, Automotive, Pharmaceuticals & Chemicals, Semiconductor & Electronics, Energy& Power, Industrial Applications and so on. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.
The key players are PCB Piezotronics (MTS), Meggitt Sensing Systems, Bruel and Kjaer (Spectris), Honeywell, KISTLER, Measurement Specialties (TE), Dytran Instruments, RION, Kyowa Electronic Instruments, Metrix Instrument (Roper), DJB Instruments, CEC Vibration Products, ASC sensors, Jewell Instruments, CESVA, IMV Corporation, Hansford Sensors, Vibrasens, Sinocera Piezotronics and so on.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
An IEPE sensor includes built-in electronics while a charge sensor does not. As a result, an IEPE sensor can convert the high-impedance output charge signal to a low-impedance voltage signal within the sensor itself while the high-impedance charge signal from a charge sensor must be converted at an outside charge amplifier. Because electronic are not included, charge sensors may be used at higher temperatures than IEPE sensors, since the temperature limitation is determined by the temperature limit of the crystals rather than built-in electronics.