- Magnetostrictive linear displacement sensors use a ferromagnetic element to determine the location of a position magnet that is displaced along its length.
- Position sensors rely on the time-of-flight principle for locating positions. This involves the sensor sending an electromagnetic wave through a magnetostrictive waveguide and reflecting it as a mechanical-elastic density wave by a movable position magnet. The position magnet can be exactly located using the time it takes for this wave to reach the sensor top.
- It offers a wide range of features, including high level of shock resistance up to 50 g (100 shocks), guiding distance of up to 19 mm (depending on magnet/profile), degree of protection up to IP68/IP69, linearity up to 0.02% of the measurement length, and measurement length up to 5,750 mm
- These features make magnetostrictive linear displacement sensors particularly important for commercial vehicles, wheel loaders, and skip loaders, which is expected to drive the market.
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Growing Adoption in Automotive & Transportation Industry
- Based on the end-use industry, the global magnetostrictive linear displacement sensors market can be segmented into automotive & transportation, industrial, oil & gas, power & utility, energy, and others (aerospace & defense, food & beverage, water & wastewater, etc.)
- Among the end-use industries, automotive & transportation is expected to be the fastest-growing industry for magnetostrictive linear displacement sensors during the forecast period. This can be ascribed to the increasing use of magnetostrictive linear displacement sensors for hydraulic cylinders and presses, level measurements, mobile machines, injection molding machines, road vehicle tests, tunneling machines, and wind power plants.
- Magnetostrictive linear displacement sensors are primarily used in automated systems and mechanical engineering to measure and convert the length (position) variable. This factor is significantly boosting the automotive & transportation industry segment.
- Rise in adoption of magnetostrictive linear displacement sensors for industrial components such as PLCs and SCADA for fast, high-precision, and synchronized position control applications is further propelling the market.
Asia Pacific to Lead Magnetostrictive Linear Displacement Sensors Market
- In terms of region, the global magnetostrictive linear displacement sensors market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- Asia pacific is expected to hold a prominent share of the global magnetostrictive linear displacement sensors market throughout the forecast period due to increase in demand from the automotive & transportation and manufacturing industries
- Magnetostrictive linear displacement sensors are widely utilized in manufacturing industries such as dairy, food & beverage, pharmaceuticals, and waste water treatment where sterilization (SIP) and cleaning (CIP) processes are required
- The magnetostrictive linear displacement sensors market in Asia Pacific is driven by rising digitalization, proliferation of the internet of things (IoT), running investment in advanced factory automation solutions, innovations such as additive & sustainable manufacturing, and remote site surveys
- The magnetostrictive linear displacement sensors market in Europe is expected to expand at a significant rate during the forecast period due to increasing demand for magnetostrictive linear displacement sensors from a wide range of industries such as automotive & transportation, manufacturing, and oil & gas. Moreover, the market is anticipated to be driven by leading countries such as Germany, Italy, and Spain. The Middle East & Africa and South America magnetostrictive linear displacement sensors markets are estimated to expand at a steady rate during the forecast period.
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Key Players Operating in Global Magnetostrictive Linear Displacement Sensors Market
Key players operating in the global magnetostrictive linear displacement sensors market are engaged in developing technologically advanced products to meet the rising demand for magnetostrictive linear displacement sensors. Furthermore, several manufacturers are focusing on R&D and mergers/acquisitions or partnerships with local manufacturers and system designers to strengthen their product offerings and expand their geographic reach. Leading players operating in the global magnetostrictive linear displacement sensors market includes:
- Automation Sensorik Messtechnik GmbH
- Balluff Automation India Pvt. Ltd.
- Electromate, Inc.
- Entherm, Inc.
- MTS Systems Corporation
- Shenzhen Miran Science and Technology Co., Ltd.
- Variohm Eurosensor Ltd. (discoverIE plc Group of companies)
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