The Vibration Monitoring Market is expected to be around US$ 2.17 Billion by 2027 at a CAGR of 6% in the given forecast period.
The rising usage of vibration monitoring systems in the automotive industry across the world acts as one of the major factors propelling the market. This can be ascribed to their importance in improving productivity, reducing downtime owing to superior analytics, and reducing human-mediated activities, such as manual inspections and unscheduled corrections. Besides this, there is an increase in the awareness among the vendors of the manufacturing and energy and power sectors globally about predictive maintenance. This has resulted in the rising adoption of monitoring systems to ensure regular monitoring of equipment to prevent adversities. Additionally, the key market players are incorporating wireless technology and cloud storage in vibration monitoring systems to allow smart maintenance of factory equipment. They are also creating advanced technologies such as system-on-a-chip (SOC) which enable real-time precise data acquisition to be passed on immediately on handheld devices, such as smartphones, which is creating a favoring the market growth.
The global Vibration Monitoring market is segregated on the basis of Component as Hardware, Software and Services. Based on System Type the global Vibration Monitoring market is segmented in Embedded Systems, Vibration Analyzers and Vibration Meters. Based on Monitoring Process the global Vibration Monitoring market is segmented in Online and Portable. Based on End Use the global Vibration Monitoring market is segmented in Energy & Power, Metals & Mining, Oil & Gas, Automotive, Food & Beverages and Others.
The global Vibration Monitoring market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Vibration Monitoring market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Rockwell Automation, Inc., National Instruments Corporation, General Electric Corporation, Emerson Electric Company, Honeywell International Inc., Bruel & Kjaer Sound & Vibration Measurement, Meggit PLC, Analog Devices Inc., SPM Instrument AB, Schaeffler AG, and others are among the major players in the global Vibration Monitoring market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Vibration Monitoring Market has been segmented as below:
Vibration Monitoring Market, By Component
Vibration Monitoring Market, By System Type
Vibration Monitoring Market, By Monitoring Process
Vibration Monitoring Market, By End User
Vibration Monitoring Market, By Region
Vibration Monitoring Market, By Company
The report covers:
Report Scope:
The global Vibration Monitoring market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Vibration Monitoring market share. Major industry players with significant revenue share include Rockwell Automation, Inc., National Instruments Corporation, General Electric Corporation, Emerson Electric Company, Honeywell International Inc., Bruel & Kjaer Sound & Vibration Measurement, Meggit PLC, Analog Devices Inc., SPM Instrument AB, Schaeffler AG, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter’s Five Force Analysis
5. Vibration Monitoring Market, By Component
5.1. Introduction
5.2. Hardware
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Software
5.3.1. Market Overview
5.3.2. Market Size and Forecast
5.4. Services
5.4.1. Market Overview
5.4.2. Market Size and Forecast
6. Vibration Monitoring Market, By System Type
6.1. Introduction
6.2. Embedded Systems
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Vibration Analyzers
6.3.1. Market Overview
6.3.2. Market Size and Forecast
6.4. Vibration Meters
6.4.1. Market Overview
6.4.2. Market Size and Forecast
7. Vibration Monitoring Market, By Monitoring Process
7.1. Introduction
7.2. Online
7.2.1. Market Overview
7.2.2. Market Size and Forecast
7.3. Portable
7.3.1. Market Overview
7.3.2. Market Size and Forecast
8. Vibration Monitoring Market, By End Use
8.1. Introduction
8.2. Energy & Power
8.2.1. Market Overview
8.2.2. Market Size and Forecast
8.3. Metals & Mining
8.3.1. Market Overview
8.3.2. Market Size and Forecast
8.4. Oil & Gas
8.4.1. Market Overview
8.4.2. Market Size and Forecast
8.5. Automotive
8.5.1. Market Overview
8.5.2. Market Size and Forecast
8.6. Food & Beverages
8.6.1. Market Overview
8.6.2. Market Size and Forecast
8.7. Others
8.7.1. Market Overview
8.7.2. Market Size and Forecast
9. Vibration Monitoring Market, By Geography
9.1. Introduction
9.2. North America
9.2.1. North America Vibration Monitoring, By Component
9.2.2. North America Vibration Monitoring, By System Type
9.2.3. North America Vibration Monitoring, By Monitoring Process
9.2.4. North America Vibration Monitoring, By End Use
9.3. Europe
9.3.1. Europe Vibration Monitoring, By Component
9.3.2. Europe Vibration Monitoring, By System Type
9.3.3. Europe Vibration Monitoring, By Monitoring Process
9.3.4. Europe Vibration Monitoring, By End Use
9.4. Asia-Pacific
9.4.1. Asia-Pacific Vibration Monitoring, By Component
9.4.2. Asia-Pacific Vibration Monitoring, By System Type
9.4.3. Asia-Pacific Vibration Monitoring, By Monitoring Process
9.4.4. Asia-Pacific Vibration Monitoring, By End Use
9.5. Rest of the World
9.5.1. Rest of the World Vibration Monitoring, By Component
9.5.2. Rest of the World Vibration Monitoring, By System Type
9.5.3. Rest of the World Vibration Monitoring, By Monitoring Process
9.5.4. Rest of the World Vibration Monitoring, By End Use
10. Competitive Insights
10.1. Key Insights
10.2. Company Market Share Analysis
10.3. Strategic Outlook
10.3.1. Mergers & Acquisitions
10.3.2. New Product Developments
10.3.3. Portfolio/Production Capacity Expansions
10.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5. Others
11. Company Profiles
11.1. Rockwell Automation, Inc.
11.1.1. Company Overview
11.1.2. Product/Service Landscape
11.1.3. Financial Overview
11.1.4. Recent Developments
11.2. National Instruments Corporation
11.2.1. Company Overview
11.2.2. Product/Service Landscape
11.2.3. Financial Overview
11.2.4. Recent Developments
11.3. General Electric Corporation
11.3.1. Company Overview
11.3.2. Product/Service Landscape
11.3.3. Financial Overview
11.3.4. Recent Developments
11.4. Emerson Electric Company
11.4.1. Company Overview
11.4.2. Product/Service Landscape
11.4.3. Financial Overview
11.4.4. Recent Developments
11.5. Honeywell International Inc.
11.5.1. Company Overview
11.5.2. Product/Service Landscape
11.5.3. Financial Overview
11.5.4. Recent Developments
11.6. Bruel & Kjaer Sound & Vibration Measurement
11.6.1. Company Overview
11.6.2. Product/Service Landscape
11.6.3. Financial Overview
11.6.4. Recent Developments
11.7. Meggit PLC
11.7.1. Company Overview
11.7.2. Product/Service Landscape
11.7.3. Financial Overview
11.7.4. Recent Developments
11.8. Analog Devices Inc.
11.8.1. Company Overview
11.8.2. Product/Service Landscape
11.8.3. Financial Overview
11.8.4. Recent Developments
11.9. SPM Instrument AB
11.9.1. Company Overview
11.9.2. Product/Service Landscape
11.9.3. Financial Overview
11.9.4. Recent Developments
11.10. Schaeffler AG
11.10.1. Company Overview
11.10.2. Product/Service Landscape
11.10.3. Financial Overview
11.10.4. Recent Developments
11.11. PCB Piezotronics Inc.
11.11.1. Company Overview
11.11.2. Product/Service Landscape
11.11.3. Financial Overview
11.11.4. Recent Developments
11.12. Azima DLI Corporation
11.12.1. Company Overview
11.12.2. Product/Service Landscape
11.12.3. Financial Overview
11.12.4. Recent Developments
11.13. Data Physics Corporation
11.13.1. Company Overview
11.13.2. Product/Service Landscape
11.13.3. Financial Overview
11.13.4. Recent Developments
The Vibration Monitoring Market has been segmented as below:
Vibration Monitoring Market, By Component
Vibration Monitoring Market, By System Type
Vibration Monitoring Market, By Monitoring Process
Vibration Monitoring Market, By End User
Vibration Monitoring Market, By Region
Vibration Monitoring Market, By Company
