Aeroderivative Sensor Market - By Sensor Type (Accelerometer, Temperature Sensor, Vibration Sensor, Pressure Sensor, Flame Sensor), By Service Provider (Aftermarket, OEM), By End Use (Industrial, Marine), Forecast 2022 - 2032
Published Date: April - 2025 | Publisher: MRA | No of Pages: 240 | Industry: Aerospace | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAeroderivative Sensor Market - By Sensor Type (Accelerometer, Temperature Sensor, Vibration Sensor, Pressure Sensor, Flame Sensor), By Service Provider (Aftermarket, OEM), By End Use (Industrial, Marine), Forecast 2022 - 2032
Aeroderivative Sensor Market Size
Aeroderivative Sensor Market size was valued at over USD 298.6 million in 2022 and is anticipated to grow at a CAGR of over 9% between 2023 and 2032.The market is driven by increasing demand for gas turbines. Gas turbines are widely used in power generation, oil and gas, and aviation industries due to their efficiency and flexibility.
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The growing demand for gas turbines drives the need for aeroderivative sensors to monitor and optimize their performance. The increasing demand for gas turbines across these industries creates a corresponding need for aeroderivative sensors. These sensors enable the monitoring, control, and optimization of gas turbine performance, ensuring efficient and reliable operation. By providing real-time data on critical parameters, aeroderivative sensors assist in enhancing the efficiency, safety, and environmental compliance of gas turbines, driving their demand in the market.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Aeroderivative Sensor Market Size in 2022 | USD 298.6 Million |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 9% |
| 2032 Value Projection | USD 700 Million |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 200 |
| Tables, Charts & Figures | 288 |
| Segments covered | Sensor Type, Service Provider, End-use |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
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Aeroderivative sensors refer to specialized sensors or instrumentation systems used to monitor and measure various parameters and performance indicators of aeroderivative gas turbines. These sensors are specifically designed to operate in the harsh conditions found in the gas turbine environment, including the high pressure, pressure and vibration.
Aeroderivative sensors generate a large volume of information about engine failure, performance, and health. Managing & analyzing this data can be challenging, necessitating high data management & data analysis skills. The growing digitalization & connectivity of sensor systems has raised concerns about cybersecurity vulnerabilities. Protecting sensor data from unauthorized access and possible cyber threats has become increasingly important, raising the complexities and costs of keeping data secure.
COVID-19 Impact
The COVID-19 pandemic had significant impacts on the global aeroderivative sensor market. The pandemic disrupted global supply chains, affecting the availability and delivery of components including sensors. Manufacturing and logistical challenges, such as factory closures, transportation restrictions, and labor shortages, impacted the production & distribution of aeroderivative sensors, leading to project delays and installations. The economic uncertainties caused by the pandemic led to a reduction in investments and postponed projects across various industries. This decline in new projects and investments impacted the demand for aeroderivative sensors as companies prioritized cost-cutting measures and postponed non-essential expenses.
Aeroderivative Sensor Market Trends
There's a big push for gas turbines to be more energy-efficient. Why? Well, it saves money, and governments are making it a top priority to protect the environment. Gas turbines are already pretty good at turning fuel into energy. But engineers are constantly working to make them even better. They're coming up with new ways to burn fuel more efficiently, using better materials, and making the turbines flow better. The goal is not just to save money but also to protect the planet. Gas turbines that use less fuel produce fewer greenhouse gases, which contributes to climate change. So, by designing gas turbines to be more energy-efficient, we're not only saving money but also helping to keep our air and environment clean.
Aeroderivative Sensor Market Analysis
Learn more about the key segments shaping this market
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In the world of aeroderivative engines, there are these amazing sensor buddies that help us keep everything running smoothly. These sensors are like detectives, each with a special talent for detecting different things. First, we have the accelerometer, which measures shaking and vibration. Then we have the temperature sensor, which makes sure everything stays at the right cozy temperature. The vibration sensor, as its name suggests, detects those tiny vibrations that can sometimes cause trouble. The pressure sensor keeps an eye on the pressure levels, making sure they're just right. And last but not least, the flame sensor is the hero that watches for flames. Speaking of flame sensors, they played a major role in keeping things safe in 2022, taking up about 9% of the market share. And guess what? They're only going to get more important in the years to come. These flame sensors are like vigilant guards, keeping a close eye on the flames in aeroderivative systems. If they spot anything suspicious, they jump into action, shutting off the gas or activating the fire extinguisher to prevent any accidents. They also help us keep our engines running like well-oiled machines, making sure we use fuel efficiently and reduce those nasty emissions. So, you see, flame sensors are not just your average sensors. They're the unsung heroes behind the scenes, making sure our aeroderivative systems run safely, efficiently, and eco-friendly.
Learn more about the key segments shaping this market
Industries and the marine sector are the two main markets for aeroderivative sensors. The industrial sector is expected to grow rapidly, over 9% per year, from 2023 to 2032. This growth is driven by the widespread use of aeroderivative engines in industrial power generation. They are used in peaking plants, distributed generation systems, and emergency backup power systems. These engines are highly efficient and start up quickly, which makes them great for meeting sudden increases in power demand. To ensure reliable and efficient power generation, these engines need to be monitored and controlled, which is why demand for aeroderivative sensors is growing. Aeroderivative engines are also used in the chemical industry to power various processes, including compression and cooling. In hazardous environments, these engines offer reliability and efficiency. Sensors for aeroderivative engines monitor engine failures and ensure the safety and efficiency of chemical plant equipment. The demand for sensors in the chemical industry is rising as a result of the need for process control, safety, and optimization.
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Asia PacificA Hub for Advanced Aeroderivative Sensors In the dynamic economies of Asia Pacific, from bustling China to thriving India, the demand for aeroderivative sensors is soaring. These state-of-the-art devices are at the heart of industries that power our lives, such asEnergy generationAeroderivative sensors help maintain safety and efficiency in power plants, especially in remote areas where reliable electricity is crucial. Oil and gasIn the energy sector, these sensors ensure the smooth operation of equipment, protecting against costly failures. Chemical processingBy monitoring and controlling critical systems, aeroderivative sensors contribute to the seamless flow of industrial processes. As the Asia Pacific region continues to grow economically, so too does the need for reliable and efficient electronic systems. Aeroderivative sensors play a vital role in meeting this demand, ensuring that industries operate safely and optimally. The region's growing population and expanding urban centers also drive the demand for electricity, making aeroderivative engines a key source of power. With more engines in use, the need for sensors to monitor their performance and safety is ever-increasing.
Aeroderivative Sensor Market Share
Some major players operating in the aeroderivative sensor market are
- Bently Nevada (Baker Hughes)
- Columbia Research Laboratories, Inc.
- Conax Technologies
- EthosEnergy
- KISTLER INSTRUMENT CORP.
- Kulite
- Meggitt PLC
- PCB Piezotronics, Inc.
- RWG
- Scanivalve Corporation
- Sensonics Ltd.
- Smith Systems, Inc.
- Thermocoax, Inc.
- TurbineAero, Inc.
- Unison, LLC
These players focus on strategic partnerships, new product launches, and commercialization efforts for market expansion. They also heavily invest in research to introduce innovative services and garner maximum market revenue.
Aeroderivative Sensor Industry News
- In April 2023, GE secured a contract from UCED Group (UCED), the energy division of CREDITAS Group, a Czech investment group focused on long-term investments in conservative industries. GE will supply an LM6000 PC Sprint aeroderivative gas turbine to expand the UCED Prost?jov reserve power plant for stabilizing the grid and supporting renewable energy in the Czech Republic. GE’s equipment will be delivered to the site in early 2024, adding approximately 50 megawatts (MW) to the national power transmission system, once in operation.
The aeroderivative sensor market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments
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By Sensor Type
- Accelerometer
- Temperature sensor
- Vibration sensor
- Pressure sensor
- Flame sensor
- Others
By Service Provider
- Aftermarket
- OEM
By End Use
- Industrial
- Aftermarket
- OEM
- Marine
- Aftermarket
- OEM
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- UAE
- Saudi Arabia
- South Africa
- Israel
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