Vibration Monitoring Market Share, Size, Trends, Industry Analysis Report By Component (Hardware, Software, Services); By Monitoring Process (Online, Portable); By End-User (Automotive, Chemical, Aerospace and Defense, Food and Beverages, Construction, Mining, Oil and Gas, Others); By Regions: Market Size & Segment Forecast, 2019 - 2026


The global vibration monitoring market size is anticipated to reach USD 3,574.3 million by 2026 . The report 'Vibration Monitoring Market Analysis Report By Component (Hardware, Software, Services); By Monitoring Process (Online, Portable); By End-User (Automotive, Chemical, Aerospace and Defense, Food and Beverages, Construction, Mining, Oil and Gas, Others); By Regions: Market Size & Segment Forecast, 2019 - 2026' provides a complete analysis of present market trends and future insights.

In 2018, the hardware segment accounted for the highest market share in terms of revenue. North America is expected to be the leading contributor to the global Vibration Monitoring market revenue in 2018. The increasing modernization of factory equipment, and stringent regulations regarding energy efficiency and workforce safety majorly drive the market growth.

The growing adoption of IoT, cloud-based technologies, and machine learning further supports the growth of the market. The growing need to streamline operations for improving productivity and safety, while reducing maintenance time and cost would increase the adoption of vibration monitoring systems during the forecast period. Other driving factors include technological advancements, increasing adoption of smart factories, growing adoption of embedded systems, and increasing demand from emerging economies.

Vibration monitoring systems ensure that data is organized and decisions can be made efficiently. They collect real-time information, offer historical trends and graph data for further analysis. They generate alarms when abnormalities occur and send instant alarms to smart devices. They sense concerns such as imbalance, misalignment, bearing wear and looseness and provide predictive maintenance.

North America generated the highest market share in the Vibration Monitoring industry in terms of revenue in 2018, and is expected to lead the global market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing trend of IIoT has accelerated the market growth in the region. The growing demand of mobile devices, automation of manufacturing process, increasing safety concerns, and technological advancements generate numerous opportunities for the market in this region.

The well-known companies profiled in the report include National Instruments Corporation, Emerson Electric Co., Bruel & Kiaer Sound & Vibration Measurement A/S, Meggitt PLC, Honeywell International Inc., Schaeffler AG, Analog Devices, Inc., SKF AB, General Electric, and Azima DLI Corporation. These companies are consistently launching new products to enhance their offerings in the Vibration Monitoring industry. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

Report segmented of the vibration monitoring market on the basis of component, monitoring process, end-user, and region. 

Component outlook (Revenue USD Millions, 2015 - 2026)
Hardware
Software
Services
Monitoring process outlook (Revenue USD Millions, 2015 - 2026)
Online
Portable
End User outlook (Revenue USD Millions, 2015 - 2026)
Automotive
Chemical
Aerospace and Defense
Food and Beverages
Construction
Mining
Oil and Gas
Others
Regional outlook (Revenue USD Millions, 2015 - 2026)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Asia-Pacific
China
India
Japan
Latin America
Brazil
Middle East & Africa
1. Table of Contents
2. Overview and Scope
2.1. Research goal & scope
2.2. Research assumptions
2.3. Research Methodology
2.3.1. Primary data sources
2.3.2. Secondary data sources
2.4. Key take-away
2.5. Stakeholders
3. Executive Summary
3.1. Market Definition
3.2. Market Segmentation
4. Vibration Monitoring Market Insights
4.1. Vibration Monitoring ? Industry snapshot
4.2. Vibration Monitoring - Ecosystem analysis
4.3. Vibration Monitoring Market Dynamics
4.3.1. Vibration Monitoring ? Market Forces
4.3.1.1. Vibration Monitoring Market Driver Analysis
4.3.1.2. Vibration Monitoring Market Restraint/Challenges analysis
4.3.1.3. Vibration Monitoring Market Opportunity Analysis
4.4. Industry analysis - Porter's five force
4.4.1. Bargaining power of supplier
4.4.2. Bargaining power of buyer
4.4.3. Threat of substitute
4.4.4. Threat of new entrant
4.4.5. Degree of competition
4.5. Vibration Monitoring Market PEST Analysis, 2018
4.6. Vibration Monitoring Market Value Chain Analysis
4.7. Vibration Monitoring Industry Trends
4.8. Competitive Ranking Analysis
5. Vibration Monitoring Market Size and Forecast, 2019-2026 by Component
5.1. Key Findings
5.2. Hardware
5.3. Software
5.4. Services
6. Vibration Monitoring Market Size and Forecast, 2019-2026 by Monitoring Process
6.1. Key Findings
6.2. Online
6.3. Portable
7. Vibration Monitoring Market Size and Forecast, 2019-2026 by End-User
7.1. Key Findings
7.2. Automotive
7.3. Chemical
7.4. Aerospace and Defense
7.5. Food and Beverages
7.6. Construction
7.7. Mining
7.8. Oil and Gas
7.9. Others
8. Vibration Monitoring Market Size and Forecast, 2019-2026 by Region
8.1. Key Findings
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. UK
8.3.3. France
8.3.4. Italy
8.3.5. Rest of Europe
8.4. Asia-Pacific
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Rest of Asia-Pacific
8.5. Latin America
8.5.1. Brazil
8.5.2. Middle East & Africa


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