Press release
Vibration Monitoring Market to Register a CAGR of 6.4% Grow to US$ 5,192.99 Million From 2025 to 2034
The vibration monitoring market has witnessed a swift expansion in the past few years. The market was valued at USD 2,795.84 million in 2024 and is projected to grow to USD 5,192.99 million by 2034. It is projected to register a CAGR of 6.4% from 2025 to 2034.What Is Vibration Monitoring?
A vibration monitoring system is an instrument that detects asymmetry and other inconsistencies in a machine's condition by computing its vibration levels. It assists in safeguarding the space, the procedure, and the people. This system can recognize anything from lopsided to derangement to an insecure part and assist in reducing downtime on machines.
Vibration monitoring systems operate by utilizing a procedure known as vibration trend analysis. It is a procedure that observes the inconsistencies in the vibration tamp of a machine. When the vibration proportion accelerates or is down notably beneath balanced state conditions, it is normally a sign that something is changing within the machine.
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What Are Major Market Drivers?
Growing Adoption of Wireless Technology: The growing adoption of wireless technology is driving market expansion as it enhances functional productivity by enabling smooth data transmission and real-time monitoring of machinery. Wireless systems reduce the requirement for sizeable cabling, reducing installation prices and complexities, especially in distant and remote locations where it is difficult to reach, thus pushing the vibration monitoring market demand.
Rising Automation: The surge in automation and smart manufacturing adoption especially drives the market by ensuring that machinery functions at maximal efficiency. There is a profound requirement to observe the condition of machines consistently to prohibit breakdowns and decrease downtime as industries shift towards mechanized procedures.
Competitive Landscape:
The key market players have adopted several strategies, such as product advancement, partnerships and collaborations, to drive the market growth.
Market leaders are given as follows:
• Adash
• ALS
• Analog Devices, Inc.
• BAKER HUGHES COMPANY
• EMERSON ELECTRIC CO.
• Fluke Corporation
• Honeywell International Inc
• ifm electronic gmbh
• Parker Hannifin Corp
• PCB Piezotronics, Inc.
• Rockwell Automation
• Schaeffler India Limited
• SKF
• SPM Instrument AB.
• Teledyne FLIR LLC
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Vibration Monitoring Market Report Highlights:
• In terms of deployment type, on-premise solutions dominated the vibration monitoring market share in 2024, offering enhanced control, security, and customization for industrial users.
• The automotive segment is projected to generate the highest vibration monitoring market CAGR, driven by the growing need for advanced monitoring solutions in vehicle production and maintenance.
• In 2024, North America held the largest vibration monitoring market share, attributed to its strong industrial infrastructure and significant investments in advanced technologies.
• Asia Pacific is set to experience the fastest growth in the vibration monitoring market, fueled by rapid industrialization, increased manufacturing activities, and a rising adoption of smart manufacturing technologies.
Which Segment Leads Market Growth?
The vibration monitoring market segmentation is mainly based on offering, monitoring process, deployment type, application, industry, and region.
Based on deployment type, the on-premise segment segment led the market with a substantial revenue share in 2024. The is primarily due to stringent data privacy and safety needs as they permit firms to reserve and handle data internally, reducing potential risks linked with cloud-based solutions.
Based on industry, the automotive segment accounted for the largest market share. This is due to the growing demand for advancement monitoring solutions in the production and maintenance of vehicles.
By Offering Outlook (Revenue, USD Million, 2020-2034)
• Hardware
o Vibration Analyzer
o Vibration Meter
o Accelerometers
o Proximity Probes
o Velocity Sensors
o Vibration Transmitters
o Other Hardware
• Software
• Services
By Monitoring Process Outlook (Revenue, USD Million, 2020-2034)
• Online Vibration Monitoring
• Portable Vibration Monitoring
By Deployment Type Outlook (Revenue, USD Million, 2020-2034)
• On-premise
• Cloud
By Application Outlook (Revenue, USD Million, 2020-2034)
• Motors
• Pumps
• Chillers
• Fans
• Compressors
• Turbines
• Bearings
• Other Applications (Gearboxes, Conveyors)
By Industry Outlook (Revenue, USD Million, 2020-2034)
• Oil & Gas
• Power Generation
• Mining & Metals
• Chemicals
• Automotive
• Aerospace
• Food & Beverages
• Other Industries
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Geographical Analysis:
• North America
o US
o Canada
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Indonesia
o Malaysia
o Vietnam
o Australia
o Rest of Asia Pacific
• Latin America
o Argentina
o Brazil
o Mexico
o Rest of Latin America
• Middle East & Africa
o UAE
o Saudi Arabia
o Israel
o South Africa
o Rest of Middle East & Africa
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