The North America Vibration Monitoring Market would witness market growth of 6.6% CAGR during the forecast period (2025-2032).
The US market dominated the North America Vibration Monitoring Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $655.1 million by 2032. The Canada market is experiencing a CAGR of 8.4% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 7.9% during (2025 - 2032).
This market has emerged as a critical segment within the broader industrial maintenance and condition monitoring landscape, driven by the increasing need to ensure operational efficiency, safety, and reliability across various industries. This monitoring involves using sensors and analytical systems to measure and analyze mechanical vibrations in machinery and equipment, enabling early detection of potential issues such as misalignment, imbalance, or wear that could lead to costly failures.
These monitoring systems play a pivotal role in predictive maintenance, reducing downtime, optimizing performance, and enhancing workplace safety by providing real-time insights into the health of critical assets. As industries transition toward smart manufacturing and Industry 4.0, the demand for advanced vibration monitoring solutions continues to grow, fuelled by technological advancements, regulatory compliance, and the push for cost-efficient operations.
According to NADA, the United States automotive sector, a cornerstone of the country’s manufacturing output, experienced significant growth in 2023 with nearly 15.5 million light vehicle sales. This resurgence highlights increased production, which drives demand for high-performance machinery and assembly lines. These monitoring systems play a critical role in the automotive manufacturing process by ensuring the smooth functioning of CNC machines, stamping presses, conveyors, and robotic systems. Mexico’s mining industry remains a critical economic driver, with a production value of USD 16.16 billion in 2022. With roughly half of this value coming from precious metals and the rest from non-ferrous metals, metallurgy, and non-metallic ores, the sector heavily relies on mechanical equipment like crushers, mills, and drilling machines. This monitoring is vital in the mining industry to pre-emptively detect equipment wear, misalignments, or imbalances that could lead to costly failures. Therefore, in North America, the convergence of automotive manufacturing growth in the U.S., renewable energy expansion in Canada, and mining sector development in Mexico catalyze the need for advanced vibration monitoring solutions.
Based on Process, the market is segmented into Online and Portable. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Industry, the market is segmented into Oil & Gas, Power Generation, Mining & Metals, Chemicals, Automotive, Aerospace, and Other Industry. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Honeywell International, Inc.
- Emerson Electric Co.
- SKF Group
- Schaeffler AG
- Parker Hannifin Corporation
- Analog Devices, Inc.
- Teledyne FLIR LLC (Teledyne Technologies Incorporated)
- Rockwell Automation, Inc.
- Baker Hughes Company
- TE Connectivity Ltd.
By Process
- Online
- Portable
- Hardware
- Software
- Services
- Oil & Gas
- Power Generation
- Mining & Metals
- Chemicals
- Automotive
- Aerospace
- Other Industry
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Vibration Monitoring Market, by Process
- 1.4.2 North America Vibration Monitoring Market, by Component
- 1.4.3 North America Vibration Monitoring Market, by Industry
- 1.4.4 North America Vibration Monitoring Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2024
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Oct – 2021, Oct) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Vibration Monitoring Market by Process
- 5.1 North America Online Market by Region
- 5.2 North America Portable Market by Region
- Chapter 6. North America Vibration Monitoring Market by Component
- 6.1 North America Hardware Market by Country
- 6.2 North America Software Market by Country
- 6.3 North America Services Market by Country
- Chapter 7. North America Vibration Monitoring Market by Industry
- 7.1 North America Oil & Gas Market by Country
- 7.2 North America Power Generation Market by Country
- 7.3 North America Mining & Metals Market by Country
- 7.4 North America Chemicals Market by Country
- 7.5 North America Automotive Market by Country
- 7.6 North America Aerospace Market by Country
- 7.7 North America Other Industry Market by Country
- Chapter 8. North America Vibration Monitoring Market by Country
- 8.1 US Vibration Monitoring Market
- 8.1.1 US Vibration Monitoring Market by Process
- 8.1.2 US Vibration Monitoring Market by Component
- 8.1.3 US Vibration Monitoring Market by Industry
- 8.2 Canada Vibration Monitoring Market
- 8.2.1 Canada Vibration Monitoring Market by Process
- 8.2.2 Canada Vibration Monitoring Market by Component
- 8.2.3 Canada Vibration Monitoring Market by Industry
- 8.3 Mexico Vibration Monitoring Market
- 8.3.1 Mexico Vibration Monitoring Market by Process
- 8.3.2 Mexico Vibration Monitoring Market by Component
- 8.3.3 Mexico Vibration Monitoring Market by Industry
- 8.4 Rest of North America Vibration Monitoring Market
- 8.4.1 Rest of North America Vibration Monitoring Market by Process
- 8.4.2 Rest of North America Vibration Monitoring Market by Component
- 8.4.3 Rest of North America Vibration Monitoring Market by Industry
- Chapter 9. Company Profiles
- 9.1 Honeywell International, Inc.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.6 SWOT Analysis
- 9.2 Emerson Electric Co.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
- 9.3 SKF Group
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.5.2 Product Launches and Product Expansions:
- 9.3.6 SWOT Analysis
- 9.4 Schaeffler AG
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Product Launches and Product Expansions:
- 9.4.5.2 Acquisition and Mergers:
- 9.4.6 SWOT Analysis
- 9.5 Parker Hannifin Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.5.2 Product Launches and Product Expansions:
- 9.5.5.3 Acquisition and Mergers:
- 9.5.6 SWOT Analysis
- 9.6 Analog Devices, Inc.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.6 SWOT Analysis
- 9.7 Teledyne FLIR LLC (Teledyne Technologies Incorporated)
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 SWOT Analysis
- 9.8 Rockwell Automation, Inc.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.8.6 SWOT Analysis
- 9.9 Baker Hughes Company
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Partnerships, Collaborations, and Agreements:
- 9.9.6 SWOT Analysis
- 9.10. TE Connectivity Ltd.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expense
- 9.10.5 SWOT Analysis
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