Published Date: 
Oct,2017
Total Pages: 
100
Categories: 
Aerospace and Defence
Report Id: ADVMM1017

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.

 

How Big is The Global Vibration Monitoring Market?

 

The Global Vibration Monitoring Market is expected to exceed more than US$ 1.85 Billion by 2023 at a CAGR of 6.5% in the given forecast period.

 

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 restraining factors of ­ Global Vibration Monitoring Market are as follows:

 

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 marketon 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.

 

This report provides:
 
1) An overview of the global market for vibration monitoringand related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2023.
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. 

 

Report scope:

The scope of the report includes a detailed study of global and regional markets on Vibration Monitoring Marketwith the reasons given for variations in the growth of the industry in certain regions.
 
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.
 
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

 

The Global Vibration Monitoring Market has been segmented as below:

 

By Product Type Analysis:

    • Portable
    • Non - Portable

 

By Application Analysis:

    • Aerospace & Defense
    • Automotive
    • Chemical
    • Metal & Mining
    • Others

 

By Regional Analysis:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

 

Reasons to Buy this Report:
 
1) Obtain the most up to date information available on all global vibration monitoring market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of global vibration monitoring market data.
4) Assess your competitor’s refining portfolio and its evolution.

 

Customization:
We can offer you custom research reports as per client’s special requirements.

1 INTRODUCTION    
    1.1    KEY TAKE AWAYS    
    1.2    REPORT DESCRIPTION    
    1.3    MARKETS COVERED    
    1.4    STAKEHOLDERS    
    1.5    RESEARCH METHODOLOGY    
    1.5.1    MARKET SIZE    
    1.5.2    MARKET SHARE    
    1.5.3    KEY DATA POINTS FROM SECONDARY SOURCES    
    1.5.4    KEY DATA POINTS FROM PRIMARY SOURCES 

2 Research Methodology 
    2.1 Research Data 
           2.1.1 Secondary and Primary Research
           2.1.2 Secondary Data
                    2.1.2.1 Secondary Sources
           2.1.3 Primary Data
                    2.1.3.1 Key Data From Primary Sources
                    2.1.3.2 Key Industry Insights
                    2.1.3.3 Breakdown of Primaries
    2.2 Market Size Estimation 
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Arriving at the Market Share By Bottom-Up Approach (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Arriving at the Market Share By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation 
    2.4 Research Assumptions

3 Executive Summary 

4 Premium Insights 
    4.1 Attractive Growth Opportunities in Vibration Monitoring Market 
    4.2 Vibration Monitoring Market, By Offering 
    4.3 Vibration Monitoring Market, By Region and Industry 
    4.4 Vibration Monitoring Market, By Monitoring Process 
    4.5 Vibration Monitoring Market, By Region

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

6 Industry Trends 
    6.1 Introduction 
    6.2 Value Chain Analysis 
    6.3 Regulatory Standards 
           6.3.1 American Petroleum Institute
           6.3.2 American Society for Testing and Materials
           6.3.3 International Organization for Standardization
           6.3.4 Machinery Information Management Open System Alliance

7 Vibration Monitoring Market, By Offering 
    7.1 Introduction 
    7.2 Hardware 
           7.2.1 Accelerometers
           7.2.2 Proximity Probes
           7.2.3 Velocity Sensors
           7.2.4 Transmitters
           7.2.5 Others
    7.3 Software 
           7.3.1 Data Integration
           7.3.2 Diagnostic Reporting
           7.3.3 Parameter Calculation
    7.4 Services

8 Vibration Monitoring Market, By Monitoring Process 
    8.1 Introduction 
    8.2 Online 
    8.3 Portable

9 Vibration Monitoring Market, By System Type 
    9.1 Introduction 
    9.2 Embedded Systems 
    9.3 Vibration Analyzers 
    9.4 Vibration Meters

10 Vibration Monitoring Market, By Industry 
     10.1 Introduction 
     10.2 Oil and Gas 
     10.3 Energy and Power 
     10.4 Metals and Mining 
     10.5 Chemicals 
     10.6 Automotive 
     10.7 Aerospace and Defense 
     10.8 Food and Beverages 
     10.9 Marine 
     10.10 Pulp and Paper 
     10.11 Others 
             10.11.1 Cement
             10.11.2 Railways
             10.11.3 Semiconductor and Electronics

11 Geographic Analysis 
     11.1 Introduction 
     11.2 North America 
             11.2.1 US
                        11.2.1.1 US Held Largest Share of Vibration Monitoring Market in 2016
             11.2.2 Canada
                        11.2.2.1 Canada Expected to Grow at Highest CAGR in North American Vibration Monitoring Market
             11.2.3 Mexico
                        11.2.3.1 Growing Need for Predictive Maintenance Technologies for Increasing Industrial Automation Help Vibration Monitoring Market to Grow
     11.3 Europe 
             11.3.1 UK
                        11.3.1.1 Significant Market for Vibration Monitoring in Energy and Power Industry
             11.3.2 Germany
                        11.3.2.1 Germany Held Largest Share of European Vibration Monitoring Market in 2016
             11.3.3 France
                        11.3.3.1 Aerospace Industry in France Drives Growth of Vibration Monitoring Market
             11.3.4 Rest of Europe
                        11.3.4.1 Growing Opportunity From Metals and Mining Industry
     11.4 Asia Pacific (APAC) 
             11.4.1 China
                        11.4.1.1 Increasing Adoption of Industrial Automation Fueling Vibration Monitoring Market in China
             11.4.2 Japan
                        11.4.2.1 Significant Growth of Electronics and Automotive Manufacturing Industries Drive Market in Japan
             11.4.3 India
                        11.4.3.1 Proactive Initiatives Taken By Indian Government Encouraging Growth of Vibration Monitoring Market
             11.4.4 Rest of APAC
                        11.4.4.1 Australia and South Korea are Emerging Markets With Significant Potential
     11.5 Rest of the World (RoW) 
             11.5.1 Middle East
                        11.5.1.1 Infrastructure Development, and Oil and Gas Sector in Middle East to Drive Vibration Monitoring Market
             11.5.2 South America
                        11.5.2.1 South America to Hold Significant Share of Vibration Monitoring Market in RoW
             11.5.3 Africa
                        11.5.3.1 Availability of Natural Resources Present Opportunities for Rapid Growth of Mining, and Oil and Gas Industries

12 Competitive Landscape 
     12.1 Overview 
     12.2 Market Ranking Analysis: Vibration Monitoring Market, 2016 
     12.3 Vibration Monitoring Market (Global): Competitive Leadership Mapping, 2017 
             12.3.1 Visionary Leaders
             12.3.2 Dynamic Differentiators
             12.3.3 Innovators
             12.3.4 Emerging Companies
     12.4 Strength of Product Portfolio 
     12.5 Business Strategy Excellence 
     12.6 Competitive Situation and Trends 
             12.6.1 Product Launches and Developments
             12.6.2 Agreements and Collaborations
             12.6.3 Contracts and Acquisitions

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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