Automation and Instrumentation
India LVDT and RVDT Market Expected to Reach $2.8 Billion by 2026
India LVDT and RVDT Market Overview
India LVDT and RVDT Market is expected to reach $2.8 billion by 2026 at a CAGR of 9.4% during the forecast period 2021-2026. Linear Variable Differential Transformer (LVDT) is a most common type of electromechanical transducer used to convert mechanical motion or vibrations, specifically rectilinear motion into a variable electrical current, voltage or electric signals, and the reverse. Rotary Variable Differential Transformer (RVDT) is an electromechanical transducer consists of laminated stator and provides a variable alternating current (AC) output voltage that is linearly proportional to the angular displacement of its input shaft. Due to strong industrial growth, rapid technological advancement and expansion of manufacturing facilities in this region is accelerating the India LVDT and RVDT Market Size in the forecast period 2021-2026.
Key Takeaways
- LVDT and RVDT in Automotive industry is growing at a CAGR of 11.5% in the forecast period, owing to the growing applications such as automotive suspension and so on in Automotive industry.
- AC-Operated LVDT and RVDTs are growing at a highest CAGR of 12.5% in the forecast period LVDTs are used as positioning system for downhole drilling in oil and gas and RVDTs for high reliability or safety-related applications such as missile seekers, precision avionics and high precision servo controls.
- Applications of LVDTs and RVDTs in aerospace has become a major driver for the growth of the market. LVDTs in aerospace are used in engines, flight controls, nose wheel steering and pilot control for continuous monitoring and RVDTs are used for angular and rotary measurements in aviation applications.
- India LVDT and RVDT top 10 companies include Soway Tech Limited, Micro-Epsilon, Singer Instruments & Control, Stellar Technology, Honeywell Microeletronics & Precision Sensors, TE Connectivity Measurement Specialties, Zettlex UK Ltd., Moog Incorporation, Kearfott Corporation, Metroog, and Moog Incorporation among others.
India LVDT and RVDT Market, By Type, 2020 (%)
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- In August 2020, BHEL launched two products Linear Variable Differential Transducer (LVDT) and 1kW Transmitter Aerial Switching Rack, indigenously developed for use in various strategic applications, as part of the Government of India’s Atmanirbhar Bharat initiative.
- In January 2020, G.W. Lisk Company announced the launch of the company’s Rotary Variable Differential Transformer (RVDT) product line. The RVDT is an electromechanical transducer that translates angular displacement into a proportional electrical signal when energized with a fixed AC excitation.
