Global Vibration Monitoring Market 2017 Analysis, Segmentation, Competitors Analysis, Product Research, Trends and Forecast by 2022

According to Stratistics MRC, the Global Vibration Monitoring Market is accounted for $1.12 billion in 2016 and is expected to reach $1.90 billion by 2023 growing at a CAGR of 7.8% during the forecast period. Some of the driving factors such as growing demand for vibration monitoring through wireless systems, infiltration of smart factory, rising demand for applications and increasing awareness towards predictive maintenance are contributing for the market growth. On the contrary, unnecessary cost of maintenance and extra cost of retrofitting vibration monitoring solutions on existing machinery are some restraints hampering the market. Vibration monitoring systems are used for reducing the price of operation by maintenance cost and reducing the occurrences of unexpected outages. The usage of this equipment is growing at a wide range in various industrial applications owing to its capability to identify potential failures in advance of any machinery.

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Based on system type, embedded systems segment is anticipated to grow at a highest CAGR during the forecast period owing to increasing recognition for embedded systems in various industries for their capabilities and advantages.

Depending on product, online vibration monitor segment held a larger share and is widely used in crucial plants that work constantly and are highly prone to defects. On the other hand, the major factors driving the portable devices include lesser investments and nature of mobile systems than that for the non-portable monitors.

By geography, North America commanded the largest market share due to increasing penetration of smart manufacturing in several industries which created a heavy demand for vibration monitor in this region.

Some of the key players in this market include Vibrosystm Inc., STI Vibration Monitoring Inc., SKF Ab, Schaeffler Technologies Ag & Co. Kg, Pruftechnik Dieter Busch Ag., Omron Corporation, Mistras Group Inc., Meggitt Plc, Honeywell International Inc., General Electric, Emerson Electric Co., Bruel & Kjaer Sound & Vibration, Measurement A/S, Analog Devices Inc., Te Connectivity Ltd., SPM Instrument Ab, Shinkawa Electric Co. Ltd., Rockwell Automation Inc., Pce Instruments Uk Ltd., National Instruments Corporation and Metrix Instrument Co. Lp.

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System Types Covered:
Vibration Meters
Embedded Systems
Vibration Analyzers

Offerings Covered:
Software
Hardware
Services

Products Covered:
Non-Portable Devices
Portable Devices
Online Vibration Monitor
Other Products

End Users Covered:
Pulp and Paper
Food and Beverages
Automotive
Metals and Mining
Oil and Gas
Marine
Aerospace and Defense
Chemicals
Energy and Power
Semiconductor and Electronics
Cement
Railways
Other End Users

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
U.K.
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

List Of Tables:
Table 1 Global Vibration Monitoring Market Outlook, By Region
Table 2 Global Vibration Monitoring Market Outlook, By System Type
Table 3 Global Vibration Monitoring Market Outlook, By Vibration Meters
Table 4 Global Vibration Monitoring Market Outlook, By Embedded Systems
Table 5 Global Vibration Monitoring Market Outlook, By Vibration Analyzers
Table 6 Global Vibration Monitoring Market Outlook, By Offering
Table 7 Global Vibration Monitoring Market Outlook, By Software
Table 8 Global Vibration Monitoring Market Outlook, By Parameter Calculation
Table 9 Global Vibration Monitoring Market Outlook, By Data Integration
Table 10 Global Vibration Monitoring Market Outlook, By Diagnostic Reporting
Table 11 Global Vibration Monitoring Market Outlook, By Hardware
Table 12 Global Vibration Monitoring Market Outlook, By Transmitters
Table 13 Global Vibration Monitoring Market Outlook, By Proximity Probes
Table 14 Global Vibration Monitoring Market Outlook, By Velocity Sensors
Table 15 Global Vibration Monitoring Market Outlook, By Accelerometers
Table 16 Global Vibration Monitoring Market Outlook, By Other Hardwares
Table 17 Global Vibration Monitoring Market Outlook, By Services
Table 18 Global Vibration Monitoring Market Outlook, By Product
Table 19 Global Vibration Monitoring Market Outlook, By Non-Portable Devices
Table 20 Global Vibration Monitoring Market Outlook, By Portable Devices

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