Vibration monitoring systems are used for condition-based maintenance of machines and equipment. They help detect machine damage in a timely manner and prevent the consequences of major losses.
Market Analysis and Insights: Global Vibration Monitoring and Diagnostics System Market
Due to the COVID-19 pandemic, the global Vibration Monitoring and Diagnostics System market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Online Vibration Monitoring and Diagnosis System accounting for % of the Vibration Monitoring and Diagnostics System global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Machinery Manufacturing segment is altered to an % CAGR throughout this forecast period.
China Vibration Monitoring and Diagnostics System market size is valued at US$ million in 2021, while the US and Europe Vibration Monitoring and Diagnostics System are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Vibration Monitoring and Diagnostics System landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
The global key manufacturers of Vibration Monitoring and Diagnostics System include SKF, GE, Rockwell Automation, Emerson Electric, Schaeffler AG, Honeywell, Shinkawa Electric, National Instruments and Meggitt, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Vibration Monitoring and Diagnostics System capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Vibration Monitoring and Diagnostics System by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Vibration Monitoring and Diagnostics System Scope and Segment
Vibration Monitoring and Diagnostics System market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Vibration Monitoring and Diagnostics System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Online Vibration Monitoring and Diagnosis System
Offline Vibration Monitoring and Diagnosis System
Segment by Application
Machinery Manufacturing
Chemical Industry
Vehicle
Electric Power
Other
By Company
SKF
GE
Rockwell Automation
Emerson Electric
Schaeffler AG
Honeywell
Shinkawa Electric
National Instruments
Meggitt
SPM Instrument
Fluke
Siemens
RION Co
Instantel
Bruel & Kjaer
Jiangsu Donghua Testing Technology
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE