Vibration Monitoring Market

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 17)
    1.1 OBJECTIVES OF THE STUDY
    1.2 DEFINITION
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE
           1.3.1 MARKETS COVERED
           1.3.2 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 20)
    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 through top-down analysis (supply side)
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY (Page No. - 30)

4 PREMIUM INSIGHTS (Page No. - 34)
    4.1 VIBRATION MONITORING MARKET EXPECTED TO HAVE HUGE GROWTH OPPORTUNITIES IN APAC
    4.2 VIBRATION MONITORING MARKET, BY MONITORING PROCESS (2017–2025)
    4.3 VIBRATION MONITORING MARKET, BY SYSTEM TYPE
    4.4 VIBRATION MONITORING MARKET, BY OFFERING
    4.5 VIBRATION MONITORING MARKET, BY REGION

5 MARKET OVERVIEW (Page No. - 37)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Rising adoption of wireless systems in machine condition monitoring
                    5.2.1.2 Increasing disposition toward predictive maintenance
                    5.2.1.3 High demand from emerging applications
                    5.2.1.4 Growing adoption of automated condition monitoring technologies and penetration of smart factory
                    5.2.1.5 Advent of secure cloud computing platforms used in condition monitoring
           5.2.2 RESTRAINTS
                    5.2.2.1 Additional retrofitting costs for vibration monitoring solutions on existing machinery
                    5.2.2.2 Impact of regulatory standards
                    5.2.2.3 Lack of trained technical resources for data analysis
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Development of machine learning and big data analytics
                    5.2.3.2 Digitization and Industrial Internet of Things (IIoT) to unfold new growth avenues
           5.2.4 CHALLENGES
                    5.2.4.1 Accessibility to expertise at remote locations
                    5.2.4.2 Trend of integration of vibration monitoring systems with other maintenance systems
    5.3 VALUE CHAIN ANALYSIS

6 ROUTE MONITORING SERVICES AND PROCUREMENT TYPES OF VIBRATION MONITORING EQUIPMENT (Page No. - 46)
    6.1 PROCUREMENT TYPES OF VIBRATION MONITORING EQUIPMENT
           6.1.1 THIRD-PARTY SERVICE PROVIDERS (INDIRECT)
           6.1.2 END USERS (DIRECT)
    6.2 ROUTE-BASED VIBRATION MONITORING SERVICES

7 VIBRATION MONITORING MARKET, BY OFFERING (Page No. - 48)
    7.1 INTRODUCTION
    7.2 HARDWARE
           7.2.1 ACCELEROMETERS
                    7.2.1.1 Accelerometers are used in a variety of applications for vibration monitoring
           7.2.2 PROXIMITY PROBES
                    7.2.2.1 Proximity probes monitor the movement of rotating equipment and detect defects such as misalignment and faulty bearings
           7.2.3 VELOCITY SENSORS
                    7.2.3.1 Velocity sensors are capable of recording low- to medium-frequency measurements
           7.2.4 TRANSMITTERS
                    7.2.4.1 Transmitters are significant components of vibration monitoring systems
           7.2.5 OTHERS
    7.3 SOFTWARE
           7.3.1 DATA INTEGRATION
                    7.3.1.1 Data integration plays a vital role in the vibration monitoring process
           7.3.2 DIAGNOSTIC REPORTING
                    7.3.2.1 Diagnostic reporting helps in understanding the condition of machines
           7.3.3 PARAMETER CALCULATION
                    7.3.3.1 Maintenance activities are largely supported by the parameter calculation function

8 VIBRATION MONITORING MARKET, BY MONITORING PROCESS (Page No. - 55)
    8.1 INTRODUCTION
    8.2 ONLINE VIBRATION MONITORING
           8.2.1 ONLINE VIBRATION MONITORING IS PARTICULARLY USEFUL IN PLANTS THAT ARE OPERATING CONTINUOUSLY
    8.3 PORTABLE VIBRATION MONITORING
           8.3.1 PORTABLE VIBRATION MONITORING SUPPORTS IN THE REDUCTION OF MAINTENANCE COSTS

9 VIBRATION MONITORING MARKET, BY SYSTEM TYPE (Page No. - 62)
    9.1 INTRODUCTION
    9.2 EMBEDDED SYSTEMS
           9.2.1 EMBEDDED SYSTEMS ARE LARGELY ADOPTED IN OIL & GAS AND ENERGY & POWER INDUSTRIES
    9.3 VIBRATION ANALYZERS
           9.3.1 VIBRATION DATA GATHERED THROUGH VIBRATION ANALYZERS SUPPORTS IN EFFICIENT MACHINE CONDITION MONITORING
    9.4 VIBRATION METERS
           9.4.1 VIBRATION METERS ARE MAINLY USED FOR SIMPLE READINGS OF VIBRATION MEASUREMENT OF MACHINES

10 VIBRATION MONITORING MARKET, BY INDUSTRY (Page No. - 70)
     10.1 INTRODUCTION
     10.2 OIL & GAS
             10.2.1 VIBRATION MONITORING SOLUTIONS PLAY A VITAL ROLE IN THE OIL & GAS INDUSTRY
     10.3 ENERGY & POWER
             10.3.1 RISING NEED FOR PREDICTIVE MAINTENANCE BY POWER GENERATION PLANTS TO UPLIFT THE VIBRATION MONITORING MARKET
     10.4 METALS & MINING
             10.4.1 DEMAND FOR REMOTE DIAGNOSTICS IN THE MINING INDUSTRY TO SUPPORT THE GROWTH OF THE VIBRATION MONITORING MARKET
     10.5 CHEMICALS
             10.5.1 VIBRATION MONITORING IS USED TO MONITOR CHEMICAL PROCESSES ON A REAL-TIME BASIS
     10.6 AUTOMOTIVE
             10.6.1 ONLINE VIBRATION MONITORING WITNESSES HIGHER DEMAND IN THE AUTOMOTIVE INDUSTRY
     10.7 AEROSPACE & DEFENSE
             10.7.1 VIBRATION MONITORING SYSTEMS HELP IN DETECTING POTENTIAL FAULTS IN THE AEROSPACE & DEFENSE INDUSTRY
     10.8 FOOD & BEVERAGES
             10.8.1 VIBRATION MONITORING SYSTEMS LARGELY HELP IN MAINTAINING THE PRODUCT QUALITY IN THE FOOD & BEVERAGES INDUSTRY THROUGH EFFICIENT OPERATIONS
     10.9 MARINE
             10.9.1 VIBRATION MONITORING MAJORLY HELPS IN THE REDUCTION OF POTENTIAL FAILURES IN MARINE MACHINERIES
     10.10 PULP & PAPER
               10.10.1 NEED OF PREDICTIVE MAINTENANCE IN THE PULP & PAPER INDUSTRY TO BOOST THE GROWTH OF THE VIBRATION MONITORING MARKET
     10.11 OTHERS

11 VIBRATION MONITORING MARKET, BY REGION (Page No. - 90)
     11.1 INTRODUCTION
     11.2 NORTH AMERICA
             11.2.1 US
                       11.2.1.1 Rising adoption of Industry 4.0 to support the growth of the vibration monitoring market
             11.2.2 CANADA
                       11.2.2.1 Oil & gas and aerospace industries in Canada are largely supporting the growth of the vibration monitoring market
             11.2.3 MEXICO
                       11.2.3.1 Increasing adoption of industrial automation in the country to uplift the vibration monitoring market
     11.3 EUROPE
             11.3.1 UK
                       11.3.1.1 Increasing deployment of IIoT in the manufacturing sector to boost the vibration monitoring market in the UK
             11.3.2 GERMANY
                       11.3.2.1 Growth of Industry 4.0 to boost the vibration monitoring market in Germany
             11.3.3 FRANCE
                       11.3.3.1 Focus and technological R&D and government support to fuel the vibration monitoring market
             11.3.4 REST OF EUROPE
     11.4 ASIA PACIFIC (APAC)
             11.4.1 CHINA
                       11.4.1.1 Increasing adoption of industrial automation fueling the vibration monitoring market growth in China
             11.4.2 JAPAN
                       11.4.2.1 Notable growth in the automotive industry to drive the market in Japan
             11.4.3 INDIA
                       11.4.3.1 Make in India initiative to drive the adoption of vibration monitoring solutions in the manufacturing sector
             11.4.4 REST OF APAC
     11.5 REST OF THE WORLD (ROW)
             11.5.1 MIDDLE EAST
                       11.5.1.1 Oil & gas sector in the Middle East is the major force driving the vibration monitoring market
             11.5.2 SOUTH AMERICA
                       11.5.2.1 Investments by Asian economies to support growth in the region
             11.5.3 AFRICA
                       11.5.3.1 Availability of natural resources generating opportunities for rapid growth of mining, and oil & gas industries in the market

12 COMPETITIVE LANDSCAPE (Page No. - 106)
     12.1 OVERVIEW
     12.2 MARKET RANKING ANALYSIS: VIBRATION MONITORING MARKET, 2019
     12.3 COMPETITIVE LEADERSHIP MAPPING
             12.3.1 VISIONARY LEADERS
             12.3.2 DYNAMIC DIFFERENTIATORS
             12.3.3 INNOVATORS
             12.3.4 EMERGING COMPANIES
     12.4 COMPETITIVE SITUATIONS AND TRENDS
             12.4.1 PRODUCT LAUNCHES
             12.4.2 COLLABORATIONS, MERGERS, CONTRACTS

13 COMPANY PROFILES (Page No. - 111)
     13.1 KEY PLAYERS
             13.1.1 EMERSON ELECTRIC
(Business overview, Products and services offered, Recent developments, SWOT analysis, and MNM view)*
             13.1.2 GENERAL ELECTRIC
             13.1.3 HONEYWELL INTERNATIONAL
             13.1.4 NATIONAL INSTRUMENTS
             13.1.5 SKF
             13.1.6 ROCKWELL AUTOMATION
             13.1.7 SCHAEFFLER
             13.1.8 BRUEL & KJAER
             13.1.9 MEGGITT
             13.1.10 ANALOG DEVICES
     13.2 RIGHT-TO-WIN
     13.3 OTHER PLAYERS
             13.3.1 FLUKE
             13.3.2 SYMPHONY AZIMAAI
             13.3.3 PCB PIEZOTRONICS
             13.3.4 PARKER-HANNIFIN
             13.3.5 SPM INSTRUMENT
             13.3.6 ALS
             13.3.7 MACHINE SAVER
             13.3.8 PETASENSE
             13.3.9 WILCOXON SENSING TECHNOLOGIES
             13.3.10 PCMS ENGINEERING

*Details on Business overview, Products and services offered, Recent developments, SWOT analysis, and MNM view might not be captured in case of unlisted companies.

14 APPENDIX (Page No. - 138)
     14.1 INSIGHTS OF INDUSTRY EXPERTS
     14.2 DISCUSSION GUIDE
     14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL
     14.4 AVAILABLE CUSTOMIZATIONS
     14.5 RELATED REPORTS
     14.6 AUTHOR DETAILS

LIST OF TABLES (65 Tables)

TABLE 1 INCLUSIONS AND EXCLUSIONS
TABLE 2 TIMELINE OF VARIOUS MONITORING TECHNIQUES
TABLE 3 VIBRATION MONITORING MARKET, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 4 VIBRATION MONITORING MARKET FOR HARDWARE, IN TERMS OF VALUE AND VOLUME, 2017–2025
TABLE 5 VIBRATION MONITORING MARKET FOR HARDWARE, BY TYPE, 2017–2025 (USD MILLION)
TABLE 6 VIBRATION MONITORING MARKET, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 7 ONLINE VIBRATION MONITORING MARKET, BY SYSTEM TYPE, 2017–2025 (USD MILLION)
TABLE 8 ONLINE VIBRATION MONITORING MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 9 ONLINE VIBRATION MONITORING MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 10 PORTABLE VIBRATION MONITORING MARKET, BY SYSTEM TYPE, 2017–2025 (USD MILLION)
TABLE 11 PORTABLE VIBRATION MONITORING MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 12 PORTABLE VIBRATION MONITORING MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 13 VIBRATION MONITORING MARKET, BY SYSTEM TYPE, 2017–2025 (USD MILLION)
TABLE 14 VIBRATION MONITORING MARKET FOR EMBEDDED SYSTEMS, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 15 VIBRATION MONITORING MARKET FOR EMBEDDED SYSTEMS, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 16 VIBRATION MONITORING MARKET FOR VIBRATION ANALYZERS, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 17 VIBRATION MONITORING MARKET FOR VIBRATION ANALYZERS, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 18 VIBRATION MONITORING MARKET FOR VIBRATION METERS, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 19 VIBRATION MONITORING MARKET FOR VIBRATION METERS, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 20 VIBRATION MONITORING MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 21 VIBRATION MONITORING MARKET FOR OIL & GAS, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 22 VIBRATION MONITORING MARKET FOR OIL & GAS, BY SYSTEM TYPE, 2017–2025 (USD MILLION)
TABLE 23 VIBRATION MONITORING MARKET FOR OIL & GAS, BY REGION, 2017–2025 (USD MILLION)
TABLE 24 VIBRATION MONITORING MARKET FOR ENERGY & POWER, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 25 VIBRATION MONITORING MARKET FOR ENERGY & POWER, BY SYSTEM TYPE, 2017–2025 (USD MILLION)
TABLE 26 VIBRATION MONITORING MARKET FOR ENERGY & POWER, BY REGION, 2017–2025 (USD MILLION)
TABLE 27 VIBRATION MONITORING MARKET FOR METALS & MINING, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 28 VIBRATION MONITORING MARKET FOR METALS & MINING, BY SYSTEM TYPE, 2017–2025 (USD MILLION)
TABLE 29 VIBRATION MONITORING MARKET FOR METALS & MINING, BY REGION, 2017–2025 (USD MILLION)
TABLE 30 VIBRATION MONITORING MARKET FOR CHEMICALS, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 31 VIBRATION MONITORING MARKET FOR CHEMICALS, BY SYSTEM TYPE, 2017–2025 (USD MILLION)
TABLE 32 VIBRATION MONITORING MARKET FOR CHEMICALS, BY REGION, 2017–2025 (USD MILLION)
TABLE 33 VIBRATION MONITORING MARKET FOR AUTOMOTIVE, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 34 VIBRATION MONITORING MARKET FOR AUTOMOTIVE, BY SYSTEM TYPE, 2017–2025 (USD MILLION)
TABLE 35 VIBRATION MONITORING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (USD MILLION)
TABLE 36 VIBRATION MONITORING MARKET FOR AEROSPACE & DEFENSE, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 37 VIBRATION MONITORING MARKET FOR AEROSPACE & DEFENSE, BY SYSTEM TYPE, 2017–2025 (USD MILLION)
TABLE 38 VIBRATION MONITORING MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2017–2025 (USD MILLION)
TABLE 39 VIBRATION MONITORING MARKET FOR FOOD & BEVERAGES, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 40 VIBRATION MONITORING MARKET FOR THE FOOD & BEVERAGES, BY SYSTEM TYPE, 2017–2025 (USD MILLION)
TABLE 41 VIBRATION MONITORING MARKET FOR FOOD & BEVERAGES, BY REGION, 2017–2025 (USD MILLION)
TABLE 42 VIBRATION MONITORING MARKET FOR MARINE, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 43 VIBRATION MONITORING MARKET FOR MARINE, BY SYSTEM TYPE, 2017–2025 (USD MILLION)
TABLE 44 VIBRATION MONITORING MARKET FOR MARINE, BY REGION, 2017–2025 (USD MILLION)
TABLE 45 VIBRATION MONITORING MARKET FOR PULP & PAPER, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 46 VIBRATION MONITORING MARKET FOR PULP & PAPER, BY SYSTEM TYPE, 2017–2025 (USD MILLION)
TABLE 47 VIBRATION MONITORING MARKET FOR PULP & PAPER, BY REGION, 2017–2025 (USD MILLION)
TABLE 48 VIBRATION MONITORING MARKET FOR OTHERS, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 49 VIBRATION MONITORING MARKET FOR OTHERS, BY SYSTEM TYPE, 2017–2025 (USD MILLION)
TABLE 50 VIBRATION MONITORING MARKET FOR OTHERS, BY REGION, 2017–2025 (USD MILLION)
TABLE 51 VIBRATION MONITORING MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 52 VIBRATION MONITORING MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 53 VIBRATION MONITORING MARKET IN NORTH AMERICA, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 54 VIBRATION MONITORING MARKET IN NORTH AMERICA, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 55 VIBRATION MONITORING MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 56 VIBRATION MONITORING MARKET IN EUROPE, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 57 VIBRATION MONITORING MARKET IN EUROPE, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 58 VIBRATION MONITORING MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 59 VIBRATION MONITORING MARKET IN APAC, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 60 VIBRATION MONITORING MARKET IN APAC, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 61 VIBRATION MONITORING MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION)
TABLE 62 VIBRATION MONITORING MARKET IN ROW, BY MONITORING PROCESS, 2017–2025 (USD MILLION)
TABLE 63 VIBRATION MONITORING MARKET IN ROW, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 64 SIGNIFICANT PRODUCT LAUNCHES
TABLE 65 SIGNIFICANT COLLABORATIONS, MERGERS, AND CONTRACTS
 
 
LIST OF FIGURES (53 Figures)
 
FIGURE 1 VIBRATION MONITORING MARKET SEGMENTATION
FIGURE 2 VIBRATION MONITORING MARKET: RESEARCH DESIGN
FIGURE 3 VIBRATION MONITORING MARKET: BOTTOM-UP APPROACH
FIGURE 4 VIBRATION MONITORING MARKET: TOP-DOWN APPROACH
FIGURE 5 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 6 ASSUMPTIONS OF THE RESEARCH STUDY
FIGURE 7 VIBRATION MONITORING MARKET
FIGURE 8 HARDWARE TO HOLD A LARGER SHARE OF THE VIBRATION MONITORING MARKET IN 2020
FIGURE 9 ONLINE SEGMENT TO HOLD A LARGER SHARE OF THE VIBRATION MONITORING MARKET DURING THE FORECAST PERIOD
FIGURE 10 VIBRATION MONITORING MARKET FOR AUTOMOTIVE TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
FIGURE 11 NORTH AMERICA HELD THE LARGEST SHARE OF THE VIBRATION MONITORING MARKET IN 2019
FIGURE 12 VIBRATION MONITORING MARKET OVERVIEW
FIGURE 13 ONLINE VIBRATION MONITORING TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
FIGURE 14 EMBEDDED SYSTEMS TO HOLD THE LARGEST SHARE IN 2020
FIGURE 15 HARDWARE TO HOLD A LARGER SHARE OF THE VIBRATION MONITORING MARKET IN 2020
FIGURE 16 INDIA TO GROW AT THE HIGHEST CAGR DURING 2020-2025
FIGURE 17 VIBRATION MONITORING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
FIGURE 18 VIBRATION MONITORING TECHNIQUE HOLDS BETTER GROWTH OPPORTUNITIES COMPARED TO OTHER METHODS
FIGURE 19 VALUE CHAIN ANALYSIS: MAJOR VALUE IS ADDED DURING THE MANUFACTURING AND SYSTEM INTEGRATION STAGES
FIGURE 20 THIRD-PARTY SERVICE PROVIDERS HOLD A MAJOR SHARE OF PROCUREMENT OF VIBRATION MONITORING EQUIPMENT
FIGURE 21 VIBRATION MONITORING MARKET, BY OFFERING
FIGURE 22 VIBRATION MONITORING MARKET FOR SOFTWARE TO GROW AT A HIGHER CAGR BETWEEN 2020 AND 2025
FIGURE 23 ACCELEROMETER TO HOLD THE LARGEST SHARE OF THE VIBRATION MONITORING MARKET FOR HARDWARE DURING THE FORECAST PERIOD
FIGURE 24 VIBRATION MONITORING MARKET, BY MONITORING PROCESS
FIGURE 25 ONLINE VIBRATION MONITORING SEGMENT TO GROW AT A HIGHER CAGR DURING 2020–2025
FIGURE 26 ONLINE VIBRATION MONITORING MARKET FOR EMBEDDED SYSTEMS TO GROW AT THE HIGHEST CAGR DURING 2020–2025
FIGURE 27 PORTABLE VIBRATION MONITORING MARKET IN NORTH AMERICA TO DOMINATE THE MARKET DURING 2020–2025
FIGURE 28 VIBRATION MONITORING MARKET, BY SYSTEM TYPE
FIGURE 29 VIBRATION MONITORING MARKET FOR EMBEDDED SYSTEMS TO GROW AT THE HIGHEST CAGR DURING 2020–2025
FIGURE 30 ONLINE CONDITION MONITORING TO HOLD THE LARGEST SHARE OF THE VIBRATION MONITORING MARKET FOR EMBEDDED SYSTEMS DURING 2020–2025
FIGURE 31 VIBRATION ANALYZERS MARKET FOR PORTABLE MONITORING TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
FIGURE 32 ENERGY & POWER TO HOLD THE LARGEST SHARE OF THE VIBRATION MONITORING MARKET FOR VIBRATION METERS BY 2025
FIGURE 33 VIBRATION MONITORING MARKET, BY INDUSTRY
FIGURE 34 VIBRATION MONITORING MARKET FOR THE AUTOMOTIVE INDUSTRY EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
FIGURE 35 EMBEDDED SYSTEMS TO HOLD THE LARGEST SHARE OF THE VIBRATION MONITORING MARKET FOR ENERGY & POWER DURING THE FORECAST PERIOD
FIGURE 36 ONLINE VIBRATION MONITORING TO HOLD A LARGER SHARE OF THE VIBRATION MONITORING MARKET FOR CHEMICALS DURING THE FORECAST PERIOD
FIGURE 37 EMBEDDED SYSTEMS TO HOLD THE LARGEST SHARE OF THE VIBRATION MONITORING MARKET IN THE AEROSPACE & DEFENSE INDUSTRY BY 2025
FIGURE 38 ONLINE VIBRATION MONITORING MARKET FOR THE MARINE SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
FIGURE 39 GEOGRAPHIC SNAPSHOT: CHINA AND INDIA EXPECTED TO WITNESS SIGNIFICANT GROWTH DURING THE FORECAST PERIOD
FIGURE 40 SNAPSHOT OF THE VIBRATION MONITORING MARKET IN NORTH AMERICA
FIGURE 41 SNAPSHOT OF THE VIBRATION MONITORING MARKET IN EUROPE
FIGURE 42 SNAPSHOT OF THE VIBRATION MONITORING MARKET IN APAC
FIGURE 43 VIBRATION MONITORING MARKET: RANKING ANALYSIS (2019)
FIGURE 44 VIBRATION MONITORING MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019
FIGURE 45 EMERSON ELECTRIC: COMPANY SNAPSHOT
FIGURE 46 GENERAL ELECTRIC: COMPANY SNAPSHOT
FIGURE 47 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT
FIGURE 48 NATIONAL INSTRUMENTS: COMPANY SNAPSHOT
FIGURE 49 SKF: COMPANY SNAPSHOT
FIGURE 50 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
FIGURE 51 SCHAEFFLER: COMPANY SNAPSHOT
FIGURE 52 MEGGITT: COMPANY SNAPSHOT
FIGURE 53 ANALOG DEVICES: COMPANY SNAPSHOT

The study involved four major activities in estimating the current global vibration monitoring market size. Exhaustive secondary research has been done to collect information on the current market, the peer market, and the parent market. Validation of these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the total Vibration monitoring market size. After that, the market breakdown and data triangulation approaches have been used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources have been referred to for identifying and collecting information important for this study. These secondary sources include annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories and databases; and SEC filings, among others.

Primary Research

In the primary research process, various primary sources from both the supply and demand sides have been interviewed to obtain the qualitative and quantitative information relevant to this report. The primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, product users, and related executives from major companies and organizations operating in the vibration monitoring market. Following is the breakdown of primary respondents

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the vibration monitoring market size, as well as that of the other dependent submarkets. Key players in the market have been identified through secondary research, and their market shares in the respective regions have been determined through primary and secondary research. This entire research methodology includes the following:

• The study of annual and financial reports of top players, as well as interviews with experts for key insights
• All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources
• All the possible parameters that affect the markets covered in this research study have been accounted for, viewed in detail, verified through the primary research

Data Triangulation

After arriving at the overall vibration monitoring market size from the market size estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the market breakdown and data triangulation procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market has been validated using both top-down and bottom-up approaches.

Report Objectives

• To describe and forecast the global vibration monitoring market based on offering, monitoring process, system type, industry, and geography in terms of value.
• To forecast the market size, in terms of value, for various segments with regards to four main regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
• To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micromarkets1 with regards to individual growth trends, prospects, and contributions to the total market
• To study the complete value chain and perform a value chain analysis of the vibration monitoring market
• To strategically profile the key players in the market and comprehensively analyze their market position in terms of ranking and core competencies1, along with detailing the competitive landscape of the market
• To analyze competitive developments, such as new product launches, acquisitions, contracts, agreements, and partnerships, in the vibration monitoring market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific needs of the company. The following customization options are available for the vibration monitoring market report:

Company Information

• Detailed analysis and profiling of additional market players (up to five)