Global LVDT & RVDT Market Outlook 2022

Linear Variable Differential Transformers (LVDT) is 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 bore liner) 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.
A Rotary Variable Differential Transformer (RVDT) is an electromechanical transducer that provides a variable alternating current (AC) output voltage that is linearly proportional to the angular displacement of its input shaft.
Globally, the main manufacturers of LVDT & RVDT include Honeywell, TE Connectivity, Sensata Technologies (Kavlico) and Curtiss-Wright, etc. TE Connectivity has the largest market share of approaching 10%. Asia-Pacific is the largest market, holds a share over 35%.

Market Analysis and Insights: Global LVDT & RVDT Market
The global LVDT & RVDT market was valued at US$ 1705.7 million in 2020 and it is expected to reach US$ 2669.6 million by the end of 2027, growing at a CAGR of 6.6% during 2021-2027.

Global LVDT & RVDT Market: Drivers and Restrains
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.

Global LVDT & RVDT Market: Segment Analysis
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
LVDT
RVDT

Segment by Application
Military/Aerospace
Power Generation
Petrochemical
Automotive Industry
Others

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

Production by Region
North America
Europe
China
India

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE