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Vibration Monitoring - Global Market Outlook (2017-2023)

Vibration Monitoring - Global Market Outlook (2017-2023)

According Stratistics MRC, the Global Vibration Monitoring Market is accounted for $1.12 billion in 2016 and is expected treach $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 tits capability tidentify potential failures in advance of any machinery.

Based on system type, embedded systems segment is anticipated tgrow at a highest CAGR during the forecast period owing tincreasing 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 tdefects. 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 tincreasing 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.

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


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Vibration Monitoring Market, By System Type
5.1 Introduction
5.2 Vibration Meters
5.3 Embedded Systems
5.4 Vibration Analyzers
6 Global Vibration Monitoring Market, By Offering
6.1 Introduction
6.2 Software
6.2.1 Parameter Calculation
6.2.2 Data Integration
6.2.3 Diagnostic Reporting
6.3 Hardware
6.3.1Transmitters
6.3.2 Proximity Probes
6.3.3 Velocity Sensors
6.3.4 Accelerometers
6.3.5 Other Hardwares
6.4 Services
7 Global Vibration Monitoring Market, By Product
7.1 Introduction
7.2 Non-Portable Devices
7.3 Portable Devices
7.4 Online Vibration Monitor
7.5 Other Products
8 Global Vibration Monitoring Market, By End User
8.1 Introduction
8.2 Pulp and Paper
8.3 Food and Beverages
8.4 Automotive
8.5 Metals and Mining
8.6 Oil and Gas
8.7 Marine
8.8 Aerospace and Defense
8.9 Chemicals
8.10 Energy and Power
8.11 Semiconductor and Electronics
8.12 Cement
8.13 Railways
8.14 Other End Users
9 Global Vibration Monitoring Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 U.K.
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Vibrosystm Inc.
11.2 STI Vibration Monitoring Inc.
11.3 SKF Ab
11.4 Schaeffler Technologies Ag & Co. Kg
11.5 Pruftechnik Dieter Busch Ag.
11.6 Omron Corporation
11.7 Mistras Group Inc.
11.8 Meggitt Plc
11.9 Honeywell International Inc.
11.10 General Electric
11.11 Emerson Electric Co.
11.12 Bruel & Kjaer Sound & Vibration Measurement A/S
11.13 Analog Devices Inc.
11.14 Te Connectivity Ltd.
11.15 SPM Instrument Ab
11.16 Shinkawa Electric Co. Ltd.
11.17 Rockwell Automation Inc.
11.18 Pce Instruments Uk Ltd.
11.19 National Instruments Corporation
11.20 Metrix Instrument Co. Lp.
List Of Tables
Table 1 Global Vibration Monitoring Market Outlook, By Region (2014-2023) ($MN)
Table 2 Global Vibration Monitoring Market Outlook, By System Type (2014-2023) ($MN)
Table 3 Global Vibration Monitoring Market Outlook, By Vibration Meters (2014-2023) ($MN)
Table 4 Global Vibration Monitoring Market Outlook, By Embedded Systems (2014-2023) ($MN)
Table 5 Global Vibration Monitoring Market Outlook, By Vibration Analyzers(2014-2023) ($MN)
Table 6 Global Vibration Monitoring Market Outlook, By Offering (2014-2023) ($MN)
Table 7 Global Vibration Monitoring Market Outlook, By Software(2014-2023) ($MN)
Table 8 Global Vibration Monitoring Market Outlook, By Parameter Calculation (2014-2023) ($MN)
Table 9 Global Vibration Monitoring Market Outlook, By Data Integration (2014-2023) ($MN)
Table 10 Global Vibration Monitoring Market Outlook, By Diagnostic Reporting (2014-2023) ($MN)
Table 11 Global Vibration Monitoring Market Outlook, By Hardware(2014-2023) ($MN)
Table 12 Global Vibration Monitoring Market Outlook, By Transmitters (2014-2023) ($MN)
Table 13 Global Vibration Monitoring Market Outlook, By Proximity Probes (2014-2023) ($MN)
Table 14 Global Vibration Monitoring Market Outlook, By Velocity Sensors (2014-2023) ($MN)
Table 15 Global Vibration Monitoring Market Outlook, By Accelerometers (2014-2023) ($MN)
Table 16 Global Vibration Monitoring Market Outlook, By Other Hardwares (2014-2023) ($MN)
Table 17 Global Vibration Monitoring Market Outlook, By Services (2014-2023) ($MN)
Table 18 Global Vibration Monitoring Market Outlook, By Product (2014-2023) ($MN)
Table 19 Global Vibration Monitoring Market Outlook, By Non-Portable Devices (2014-2023) ($MN)
Table 20 Global Vibration Monitoring Market Outlook, By Portable Devices (2014-2023) ($MN)
Table 21 Global Vibration Monitoring Market Outlook, By Online Vibration Monitor (2014-2023) ($MN)
Table 22 Global Vibration Monitoring Market Outlook, By Other Products (2014-2023) ($MN)
Table 23 Global Vibration Monitoring Market Outlook, By End User (2014-2023) ($MN)
Table 24 Global Vibration Monitoring Market Outlook, By Pulp and Paper (2014-2023) ($MN)
Table 25 Global Vibration Monitoring Market Outlook, By Food and Beverages (2014-2023) ($MN)
Table 26 Global Vibration Monitoring Market Outlook, By Automotive (2014-2023) ($MN)
Table 27 Global Vibration Monitoring Market Outlook, By Metals and Mining (2014-2023) ($MN)
Table 28 Global Vibration Monitoring Market Outlook, By Oil and Gas (2014-2023) ($MN)
Table 29 Global Vibration Monitoring Market Outlook, By Marine (2014-2023) ($MN)
Table 30 Global Vibration Monitoring Market Outlook, By Aerospace and Defense (2014-2023) ($MN)
Table 31 Global Vibration Monitoring Market Outlook, By Chemicals (2014-2023) ($MN)
Table 32 Global Vibration Monitoring Market Outlook, By Energy and Power(2014-2023) ($MN)
Table 33 Global Vibration Monitoring Market Outlook, By Semiconductor and Electronics (2014-2023) ($MN)
Table 34 Global Vibration Monitoring Market Outlook, By Cement (2014-2023) ($MN)
Table 35 Global Vibration Monitoring Market Outlook, By Railways (2014-2023) ($MN)
Table 36 Global Vibration Monitoring Market Outlook, By Other End Users (2014-2023) ($MN)
Note: Tables for North America, Europe, APAC, South America and Middle East & Africa Regions are also represented in the same manner as above

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