Market Overview:
The global vibration monitoring systems market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for vibration monitoring systems in various industries such as power industry, oil and gas industry, aerospace and defense industry, food processing industry, steel industry, paper industry, chemical industry and automotiveindustry. In addition, the growing awareness about safety and health hazards associated with unmonitored vibrations is also propelling the growth of this market.
Product Definition:
Vibration Monitoring Systems are used to detect and measure the level of vibration that is present in a machine or system. This information can then be used to help troubleshoot and correct any issues that may be causing excessive vibration. Vibration monitoring systems are important because they can help prevent equipment failures and downtime due to excessive vibration.
Portable Devices:
Portable devices are the most common and widely used sensors in vibration monitoring systems. They are also the cheapest type of sensor available in the market. The growth factor for this market is increasing demand from various application areas such as automotive, aerospace & defense, construction equipment, industrial machinery and others.
Increasing awareness regarding employee safety at workplaces is a major factor driving demand for these systems as they enable early warning system to detect any abnormal vibrations or sound which may lead to accidents.
Non-Portable Devices:
Non-portable devices are those instruments which are fixed or installed at a particular place and can be used by any person present in the laboratory. Non-portable devices include balances, scales, pH meters, temperature guns and other measuring instruments. These devices do not require any installation process as they are ready for use right out of the box.
Application Insights:
The power industry segment dominated the global market in 2017. The growth of this segment can be attributed to the increasing demand for electricity from countries such as India and China. Furthermore, rapid industrialization in countries such as Vietnam is expected to increase electricity generation over the forecast period, thereby driving demand for vibration monitoring systems in the power industry.
The oil and gas industry is anticipated to emerge as a prominent application sector over the forecast period owing to factors such as an increase in exploration activities across various regions coupled with growing concerns regarding operational efficiency and asset health. Vibration monitoring systems are used on a day-to-day basis by operators/managers of oil & gas facilities for proactive detection of equipment failure or degradation so that corrective measures can be taken before it becomes costly or even fatal.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing demand for vibration monitoring systems from the power industry, owing to rising concerns regarding grid stability and power outages. In addition, stringent government regulations aimed at reducing carbon emissions by monitoring equipment are also expected to drive the regional market growth.
The Asia Pacific region accounted for a revenue share of over 20% in 2017 and is estimated to expand further during the forecast period owing to rapid industrialization along with growing infrastructure activities in emerging economies such as China and India.
Growth Factors:
- Increasing demand from the automotive industry for advanced safety features in vehicles
- Growing awareness about the benefits of vibration monitoring systems among industrial users
- Proliferation of Internet of Things (IoT) and big data analytics across industries
- Rising investments in research and development for innovative vibration monitoring technologies
- Emergence of Industry 4.0 and digital transformation across manufacturing sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Vibration Monitoring Systems Market Research Report
By Type
Portable Devices, Non-Portable Devices
By Application
Power Industry, Oil And Gas Industry, Aerospace And Defense Industry, Food Processing Industry, Steel Industry, Paper Industry, Chemical Industry, Automotive Industry
By Companies
Azima DLI, Analog Devices, Emerson Electric, National Instruments, PCB Piezotronics, General Electric, Rockwell Automation, Meggitt, SKF, Data Physics, Azima DLI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Vibration Monitoring Systems Market Report Segments:
The global Vibration Monitoring Systems market is segmented on the basis of:
Types
Portable Devices, Non-Portable Devices
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Industry, Oil And Gas Industry, Aerospace And Defense Industry, Food Processing Industry, Steel Industry, Paper Industry, Chemical Industry, Automotive Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Azima DLI
- Analog Devices
- Emerson Electric
- National Instruments
- PCB Piezotronics
- General Electric
- Rockwell Automation
- Meggitt
- SKF
- Data Physics
- Azima DLI
Highlights of The Vibration Monitoring Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable Devices
- Non-Portable Devices
- By Application:
- Power Industry
- Oil And Gas Industry
- Aerospace And Defense Industry
- Food Processing Industry
- Steel Industry
- Paper Industry
- Chemical Industry
- Automotive Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vibration Monitoring Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vibration monitoring systems are used to detect and measure the vibration of machines, structures, or other equipment. Vibration can be caused by a number of factors, including mechanical vibrations from engines or motors, seismic activity, wind noise, and industrial noise. Vibration monitoring systems can help identify problems early and ensure that equipment is operating safely.
Some of the major companies in the vibration monitoring systems market are Azima DLI, Analog Devices, Emerson Electric, National Instruments, PCB Piezotronics, General Electric, Rockwell Automation, Meggitt, SKF, Data Physics, Azima DLI.
The vibration monitoring systems market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vibration Monitoring Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Vibration Monitoring Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vibration Monitoring Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Vibration Monitoring Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Vibration Monitoring Systems Market Size & Forecast, 2018-2028
4.5.1 Vibration Monitoring Systems Market Size and Y-o-Y Growth
4.5.2 Vibration Monitoring Systems Market Absolute $ Opportunity
Chapter 5 Global Vibration Monitoring Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Vibration Monitoring Systems Market Size Forecast by Type
5.2.1 Portable Devices
5.2.2 Non-Portable Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vibration Monitoring Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Vibration Monitoring Systems Market Size Forecast by Applications
6.2.1 Power Industry
6.2.2 Oil And Gas Industry
6.2.3 Aerospace And Defense Industry
6.2.4 Food Processing Industry
6.2.5 Steel Industry
6.2.6 Paper Industry
6.2.7 Chemical Industry
6.2.8 Automotive Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vibration Monitoring Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vibration Monitoring Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Vibration Monitoring Systems Analysis and Forecast
9.1 Introduction
9.2 North America Vibration Monitoring Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Vibration Monitoring Systems Market Size Forecast by Type
9.6.1 Portable Devices
9.6.2 Non-Portable Devices
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Vibration Monitoring Systems Market Size Forecast by Applications
9.10.1 Power Industry
9.10.2 Oil And Gas Industry
9.10.3 Aerospace And Defense Industry
9.10.4 Food Processing Industry
9.10.5 Steel Industry
9.10.6 Paper Industry
9.10.7 Chemical Industry
9.10.8 Automotive Industry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Vibration Monitoring Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Vibration Monitoring Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Vibration Monitoring Systems Market Size Forecast by Type
10.6.1 Portable Devices
10.6.2 Non-Portable Devices
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Vibration Monitoring Systems Market Size Forecast by Applications
10.10.1 Power Industry
10.10.2 Oil And Gas Industry
10.10.3 Aerospace And Defense Industry
10.10.4 Food Processing Industry
10.10.5 Steel Industry
10.10.6 Paper Industry
10.10.7 Chemical Industry
10.10.8 Automotive Industry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Vibration Monitoring Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vibration Monitoring Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Vibration Monitoring Systems Market Size Forecast by Type
11.6.1 Portable Devices
11.6.2 Non-Portable Devices
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Vibration Monitoring Systems Market Size Forecast by Applications
11.10.1 Power Industry
11.10.2 Oil And Gas Industry
11.10.3 Aerospace And Defense Industry
11.10.4 Food Processing Industry
11.10.5 Steel Industry
11.10.6 Paper Industry
11.10.7 Chemical Industry
11.10.8 Automotive Industry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Vibration Monitoring Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Vibration Monitoring Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Vibration Monitoring Systems Market Size Forecast by Type
12.6.1 Portable Devices
12.6.2 Non-Portable Devices
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Vibration Monitoring Systems Market Size Forecast by Applications
12.10.1 Power Industry
12.10.2 Oil And Gas Industry
12.10.3 Aerospace And Defense Industry
12.10.4 Food Processing Industry
12.10.5 Steel Industry
12.10.6 Paper Industry
12.10.7 Chemical Industry
12.10.8 Automotive Industry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Vibration Monitoring Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vibration Monitoring Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Vibration Monitoring Systems Market Size Forecast by Type
13.6.1 Portable Devices
13.6.2 Non-Portable Devices
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Vibration Monitoring Systems Market Size Forecast by Applications
13.10.1 Power Industry
13.10.2 Oil And Gas Industry
13.10.3 Aerospace And Defense Industry
13.10.4 Food Processing Industry
13.10.5 Steel Industry
13.10.6 Paper Industry
13.10.7 Chemical Industry
13.10.8 Automotive Industry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vibration Monitoring Systems Market: Competitive Dashboard
14.2 Global Vibration Monitoring Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Azima DLI
14.3.2 Analog Devices
14.3.3 Emerson Electric
14.3.4 National Instruments
14.3.5 PCB Piezotronics
14.3.6 General Electric
14.3.7 Rockwell Automation
14.3.8 Meggitt
14.3.9 SKF
14.3.10 Data Physics
14.3.11 Azima DLI
