Vibration Monitoring Market Will Reflect Significant Growth Prospects During 2020-2024

The Global Vibration Monitoring Market is expected to exceed more than US$ 1.85 Billion by 2024 at a CAGR of 6.5% in the given forecast period.

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The Global Vibration Monitoring Market is segmented on the lines of its technology, application and regional. Based on technology segmentation it covers portable and non – portable; and based on application segmentation it covers Aerospace & Defense, Automotive, Chemical, Metal & Mining, and other application. The global vibration monitoring market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

The scope of the report includes a detailed study of global and regional markets on Vibration Monitoring Market with the reasons given for variations in the growth of the industry in certain regions.

Vibration monitoring system is used to detect the vibration data and automatically determines it, in order to identify significant changes that indicate the fault developing. It is a major component of predictive maintenance.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Emerson Electric Company, General Electric Corporation, Honeywell International, Inc., Rockwell Automation, Inc., SKF, Analog Devices, Inc., National Instruments Corporation, Meggitt PLC, AzimaDli Corporation, Bruel&Kjaer Sound & Vibration Measurement A/S, SPM Instrument AB. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

This report provides:

1) An overview of the global market for vibration monitoring and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for global vibration monitoring market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The major driving factors of Global Vibration Monitoring Market are as follows:

  • Requirement to decrease the operating costs of plants over several industrial domains
  • Increasing expenses on plant maintenance and rising costs of energy

The Global Vibration Monitoring Market has been segmented as below:

The Global Vibration Monitoring Market is segmented on the Basis of Product Type Analysis, Application Analysis and Geographical Analysis. By Product Type Analysis this market is segmented on the basis of Portable and Non – Portable.

By Application Analysis this market is segmented on the basis of Aerospace & Defense, Automotive, Chemical, Metal & Mining and Others. By Geographical Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.

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Table of Contents:

1 Introduction
2 Research Methodology
3 Executive Summary

4 Premium Insights
5 Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Rising Trend of Vibration Monitoring Through Wireless Systems Growing Awareness Toward Predictive Maintenance Increasing Demand From Emerging Applications Penetration of Smart Factory
5.2.2 Restraints Additional Cost of Retrofitting Vibration Monitoring Solutions on Existing Machinery
5.2.3 Opportunities Advent of Artificial Intelligence and Machine Learning Digitization and Industrial Internet of Things (IIoT) to Open Up New Growth Avenues
5.2.4 Challenges Difficulties in Verification of Key Parameters of Vibration Monitoring Systems at Remote Locations Trend of Integration of Vibration Monitoring Systems With Other Maintenance Systems

6 Industry Trends
7 Vibration Monitoring Market, By Offering

8 Vibration Monitoring Market, By Monitoring Process
9 Vibration Monitoring Market, By System Type
10 Vibration Monitoring Market, By Industry
11 Geographic Analysis
12 Competitive Landscape
13 Company Profiles
13.1 Introduction
13.2 Emerson Electric Co.
13.3 General Electric
13.4 Honeywell International Inc.
13.5 National Instruments Corporation
13.6 SKF AB
13.7 Rockwell Automation, Inc.
13.8 Meggitt PLC
13.9 Schaeffler AG
13.10 Analog Devices, Inc.
13.11 Bruel&Kjaer Sound & Vibration Measurement A/S
13.12 Key Innovators
13.12.1 Azima DLI Corporation
13.12.2 SPM Instrument AB
13.12.3 Fluke Corporation

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