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Vibration Monitoring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global vibration monitoring market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Vibration monitoring is a predictive maintenance technique used to measure the acceleration, displacement and velocity of vibration signals. It assists in detecting imbalance, bearing failures, mechanical looseness, misalignment, resonance and natural frequencies, electrical motor faults, bent shafts, gearbox failures, empty space or bubbles in pumps, and critical speeds. It also aids in enhancing the lifespan of a machine, providing real-time reaction to the change of health conditions, and supporting remote conditioning monitoring. As it is portable and generates fast fourier transform (FFT) in extremely high resolution, it is widely used to monitor rotary equipment, such as pumps, compressors, turbines, and fans. 

Vibration Monitoring Market Trends:

The increasing application of vibration monitoring systems in the automotive industry across the globe represents one of the key factors driving the market. This can be attributed to their assistance in increasing productivity, minimizing downtime due to superior analytics, and decreasing human-mediated activities, such as manual inspections and unscheduled corrections. Apart from this, there is a rise in the awareness among the vendors of the manufacturing and energy and power sectors worldwide about predictive maintenance. This has resulted in the increasing adoption of monitoring systems to ensure consistent monitoring of equipment to avoid adversities. Furthermore, leading market players are integrating wireless technology and cloud storage in vibration monitoring systems to enable smart maintenance of factory equipment. They are also developing advanced technologies like system-on-a-chip (SOC) that allow real-time accurate data acquisition to be relayed immediately on handheld devices, such as smartphones, which is creating a favorable market outlook. Besides this, the introduction of online monitoring systems incorporated with onboard logic and decision-making abilities is positively influencing the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global vibration monitoring market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on component, system type, monitoring process and end use industry.

Breakup by Component:

  • Hardware
  • Software
  • Services
     

Breakup by System Type:

  • Embedded Systems
  • Vibration Analyzers
  • Vibration Meters
     

Breakup by Monitoring Process:

  • Online
  • Portable
     

Breakup by End Use Industry:

  • Energy and Power
  • Metals and Mining
  • Oil and Gas
  • Automotive
  • Food and Beverages
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Analog Devices Inc., Emerson Electric Company, Erbessd Instruments Technologies Inc., General Electric Company, Honeywell International Inc., Istec International, Meggit SA, National Instruments, Parker-Hannifin Corp., Petasense Inc., Rockwell Automation Inc., Schaeffler AG and SPM Instrument AB.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Component, System Type, Monitoring Process, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Analog Devices Inc., Emerson Electric Company, Erbessd Instruments Technologies Inc., General Electric Company, Honeywell International Inc., Istec International, Meggit SA, National Instruments, Parker-Hannifin Corp., Petasense Inc., Rockwell Automation Inc., Schaeffler AG and SPM Instrument AB.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global vibration monitoring market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global vibration monitoring market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the system type?
  • What is the breakup of the market based on the monitoring process?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global vibration monitoring market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Vibration Monitoring Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Hardware
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Software
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Services
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by System Type
    7.1    Embedded Systems
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Vibration Analyzers
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Vibration Meters
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Monitoring Process
    8.1    Online
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Portable
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by End Use Industry
    9.1    Energy and Power
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Metals and Mining
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Oil and Gas
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Automotive
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Food and Beverages
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Others
        9.6.1 Market Trends
        9.6.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Analog Devices Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    Emerson Electric Company
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    Erbessd Instruments Technologies Inc.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    General Electric Company
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Honeywell International Inc.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    Istec International
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Meggit SA
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    National Instruments 
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Parker-Hannifin Corp.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Petasense Inc.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    Rockwell Automation Inc.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis
        15.3.12    Schaeffler AG
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials
        15.3.13    SPM Instrument AB
           15.3.13.1 Company Overview
           15.3.13.2 Product Portfolio

List of Figures

Figure 1: Global: Vibration Monitoring Market: Major Drivers and Challenges
Figure 2: Global: Vibration Monitoring Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Vibration Monitoring Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Vibration Monitoring Market: Breakup by Component (in %), 2020
Figure 5: Global: Vibration Monitoring Market: Breakup by System Type (in %), 2020
Figure 6: Global: Vibration Monitoring Market: Breakup by Monitoring Process (in %), 2020
Figure 7: Global: Vibration Monitoring Market: Breakup by End Use Industry (in %), 2020
Figure 8: Global: Vibration Monitoring Market: Breakup by Region (in %), 2020
Figure 9: Global: Vibration Monitoring (Hardware) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Vibration Monitoring (Hardware) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Vibration Monitoring (Software) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Vibration Monitoring (Software) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Vibration Monitoring (Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Vibration Monitoring (Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Vibration Monitoring (Embedded Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Vibration Monitoring (Embedded Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Vibration Monitoring (Vibration Analyzers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Vibration Monitoring (Vibration Analyzers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Vibration Monitoring (Vibration Meters) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Vibration Monitoring (Vibration Meters) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Vibration Monitoring (Online) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Vibration Monitoring (Online) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Vibration Monitoring (Portable) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Vibration Monitoring (Portable) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Vibration Monitoring (Energy and Power) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Vibration Monitoring (Energy and Power) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Vibration Monitoring (Metals and Mining) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Vibration Monitoring (Metals and Mining) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Vibration Monitoring (Oil and Gas) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Vibration Monitoring (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Vibration Monitoring (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Vibration Monitoring (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Vibration Monitoring (Food and Beverages) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Vibration Monitoring (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Vibration Monitoring (Other End Use Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Vibration Monitoring (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: North America: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: North America: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: United States: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: United States: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Canada: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Canada: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Asia-Pacific: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Asia-Pacific: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: China: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: China: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Japan: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Japan: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: India: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: India: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: South Korea: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: South Korea: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Australia: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Australia: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Indonesia: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Indonesia: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Others: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Others: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Europe: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Europe: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Germany: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Germany: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: France: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: France: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: United Kingdom: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: United Kingdom: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Italy: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Italy: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Spain: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Spain: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Russia: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Russia: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Others: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Others: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Latin America: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Latin America: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Brazil: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Brazil: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Mexico: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Mexico: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Others: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Others: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Middle East and Africa: Vibration Monitoring Market: Sales Value (in Million US$), 2015 & 2020
Figure 84: Middle East and Africa: Vibration Monitoring Market: Breakup by Country (in %), 2020
Figure 85: Middle East and Africa: Vibration Monitoring Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Global: Vibration Monitoring Industry: SWOT Analysis
Figure 87: Global: Vibration Monitoring Industry: Value Chain Analysis
Figure 88: Global: Vibration Monitoring Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Vibration Monitoring Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Vibration Monitoring Market Forecast: Breakup by Component (in Million US$), 2021-2026
Table 3: Global: Vibration Monitoring Market Forecast: Breakup by System Type (in Million US$), 2021-2026
Table 4: Global: Vibration Monitoring Market Forecast: Breakup by Monitoring Process (in Million US$), 2021-2026
Table 5: Global: Vibration Monitoring Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026
Table 6: Global: Vibration Monitoring Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: Global: Vibration Monitoring Market: Competitive Structure
Table 8: Global: Vibration Monitoring Market: Key Players

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