India LVDT and RVDT Market Expected to Reach $2.62 Billion by 2025 at a CAGR of 10.4% During the Forecast Period 2020-2025
Posted on Jun 26 2020 2:30 PM "Rising Demand for LVDT and RVDT in Aerospace Sector Has Become a Major Driver for the Growth of the Market." India LVDT and RVDT Market is expected to reach $2.62 billion by 2025 at a CAGR of 10.4% during the forecast period 2020-2025. 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 202...