Global Vibration Monitoring Market, By Component (Hardware, Software, Services), System Type (Embedded Systems, Vibration Analyzers, Vibration Meters), Monitoring Process (Online, Portable), Deployment Type (On-premises, Cloud), Industry (Oil and Gas, Energy and Power, Metals and Mining, Chemicals, Automotive, Aerospace and Defense. Food and Beverages, Marine, Pulp and Paper, Others) – Industry Trends and Forecast to 2029.

Vibration Monitoring Market Analysis and Insights

The vibration monitoring market was valued at USD 1.39 billion in 2021 and is expected to reach USD 2.45 billion by 2029, registering a CAGR of 7.30% during the forecast period of 2022-2029. The “oil and gas” accounts for the largest industry segment in the vibration monitoring market within the forecasted period owing to the rising pressure of high operating costs of oil and gas plants, which further leads to the rising adoption of vibration monitoring systems and solutions to maintain the efficient working of its critical assets and reduce downtime.

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Vibration Monitoring Market Scope

The vibration monitoring market is segmented on the basis of component, system type, monitoring process, deployment type and industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

· Hardware

· Software

· Services

On the basis of component, the vibration monitoring market is segmented into hardware, software and services. Hardware is further sub segmented into accelerometers, proximity probes, velocity sensors, transmitters and others.

System Type

· Embedded Systems

· Vibration Analyzers

· Vibration Meters

On the basis of system type, the vibration monitoring market is segmented into embedded systems, vibration analyzers and vibration meters.

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Vibration Monitoring Market Definition

Vibration monitoring is a technique for inspecting equipment to discover faults and assure long-term industrial production efficiency. Vibrations that may signal a malfunction, impending failure, or process constraint are monitored, analyzed, and identified by these systems.

Competitive Landscape and Vibration Monitoring Market Share Analysis

The vibration monitoring market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to vibration monitoring market.

Some of the major players

· Analog Devices, Inc. (U.S.)

· Emerson Electric Co. (U.S.)

· Brüel & Kjær (Denmark)

· Honeywell International Inc (U.S.)

· National Instruments (U.S.)

· PCB Piezotronics, Inc (U.S.)

· Rockwell Automation, Inc. (U.S.)

· Meggitt PLC. (U.K)

· Data Physics Corporation (U.S.)

· SPM Instrument AB (Sweden)

· General Electric (U.S.)

Customization Available: Vibration Monitoring Market

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Major TOC of the Vibration Monitoring Market Report

• INTRODUCTION

• MARKET SEGMENTATION

• MARKET OVERVIEW

• EXECUTIVE SUMMARY

• PREMIUM INSIGHTS

• Vibration Monitoring Market

• COMPANY PROFILE

• COMPONENT MANUFACTURER

• CONCLUSION

• QUESTIONNAIRE

• RELATED REPORTS

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