Vibration Monitoring Equipment Market By Product (Portable & Non-Portable), Component (Accelerometer, Proximity Probe, & Others), Application (Aerospace & Defense, Automotive, Chemical, Metal & Mining, & Others) & Geography – Global Forecast to 2020
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Market, By Product
1.3.3 Market, By Application
1.3.4 Market, By Component
1.3.5 Geographic Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Package Size
1.7 Limitations
1.8 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Analysis
2.2.2.1 Widely Preferred Compared to Other Monitoring Techniques
2.2.2.2 Growing Focus Toward Machinery Health and Maintenance Cost
2.2.2.3 Strong Application Base for Vibration Monitoring Equipment Market
2.2.3 Supply-Side Analysis
2.2.3.1 Increasing Number of Agreements, Contracts, & Collaborations in the Vibration Monitoring Equipment Market
2.2.3.2 Innovative Product Offering By Major Players
2.3 Market Size Estimation
2.4 Market Breakdown and Data Triangulation
2.5 Market Size Estimation
2.5.1 Secondary Data
2.5.1.1 Key Data From Secondary Sources
2.5.2 Primary Data
2.5.2.1 Key Data From Primary Sources
2.5.3 Key Industry Insights
2.5.4 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunites in the Vibration Monitoring Equipment Market
4.2 Market, By Application
4.3 APAC Vibration Monitoring Equipment Market Analysis
4.4 Vibration Monitoring Equipment Market-Country Analysis
4.5 Portable and Non-Portable Vibration Monitoring Equipment Market
4.6 Market Application By Geographic Scenario
4.7 U.S. Commands Over 35% Share of Vibration Monitoring Equipment Market
4.8 Top 4 Applications in APAC’s Vibration Monitoring Equipment Market
4.9 Life Cycle Analysis, By Geography
5 Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Segmentation
5.3.1 Market By Product
5.3.2 Market By Component
5.3.3 Market By Application
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 New End-User Applications Raise the Demand for Vibration Monitoring Equipment
5.4.1.2 Growing Awareness Toward Monitoring Solutions
5.4.1.3 Impact of Wireless Technology on Vibration Monitoring Equipment Market
5.4.1.4 Transition of Process Industry From Preventive Maintenance to Predictive Maintenance
5.4.2 Restraints
5.4.2.1 Unpredictable Maintenance Periods
5.4.2.2 Older Equipment May Require Asset Modifications to Retrofit Existing Systems With Vibration Monitoring Sensors
5.4.2.3 Need to Educate and Train End Users
5.4.3 Opportunities
5.4.3.1 Growing Use of Wind Energy is Expected to Increase the Demand for Machine Condition Monitoring Systems
5.4.3.2 Growth in Remote Monitoring of Machines
5.4.4 Challenge
5.4.4.1 Increased Drive to Integrate Condition Monitoring Techniques With Management Systems Such as Pam and CMMS
5.4.5 Burning Issue
5.4.5.1 Online V/S Offline Dilemma in Machine Condition Monitoring
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Industry Trends
6.4 Porter’s Five Forces Analysis
6.4.1 Threat of New Entrants
6.4.2 Threat of Substitutes
6.4.3 Bargaining Power of Suppliers
6.4.4 Bargaining Power of Buyers
6.4.5 Degree of Competition
6.5 Strategic Benchmarking
6.5.1 Major Strategies Adopted By Key Players
7 Market, By Product
7.1 Introduction
7.2 Portable Vibration Monitor
7.3 Non-Portable Vibration Monitor
8 Market, By Component
8.1 Introduction
8.2 Accelerometer
8.3 Proximity Probes
8.4 Others
9 Market, By Application
9.1 Introduction
9.2 Aerospace & Defense
9.3 Automotive
9.4 Chemicals
9.5 Marine
9.6 Metals & Mining
9.7 Oil & Gas
9.8 Energy & Power
9.9 Others
10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.2.4 Others
10.3 Europe
10.3.1 U.K.
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Others
10.4 Asia-Pacific (APAC)
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Others
10.5 Rest of the World (RoW)
10.5.1 Latin America
10.5.2 the Middle East & Africa
11 Competitive Landscape
11.1 Overview
11.2 Market Share Analysis: Vibration Monitoring Equipment Market
11.3 Competitive Situation and Trends
11.3.1 New Product Launches/New Product Developments
11.3.2 Partnerships, Contracts, Agreements, Joint Ventures, and Collaborations
11.3.3 Mergers and Acquisitions
11.3.4 Expansions
11.3.5 Other Developments
12 Company Profiles
12.1 Introduction
12.2 Emerson Electric Company
12.2.1 Business Overview
12.2.2 Product Portfolio
12.2.3 Recent Developments
12.2.4 MNM View
12.2.4.1 SWOT Analysis
12.3 General Electric Corporation
12.3.1 Business Overview
12.3.2 Product Portfolio
12.3.3 Recent Developments
12.3.4 MNM View
12.3.4.1 SWOT Analysis
12.4 Honeywell International, Inc.
12.4.1 Business Overview
12.4.2 Product Portfolio
12.4.3 Recent Developments
12.4.4 MNM View
12.4.4.1 SWOT Analysis
12.5 Rockwell Automation, Inc.
12.5.1 Business Overview
12.5.2 Product Portfolio
12.5.3 Recent Developments
12.5.4 MNM View
12.5.4.1 SWOT Analysis
12.6 SKF
12.6.1 Business Overview
12.6.2 Product Portfolio
12.6.3 Recent Developments
12.6.4 MNM View
12.6.4.1 SWOT Analysis
12.7 Analog Devices, Inc.
12.7.1 Business Overview
12.7.2 Product Portfolio
12.7.3 Recent Developments
12.7.4 MNM View
12.7.4.1 SWOT Analysis
12.8 National Instruments Corporation
12.8.1 Business Overview
12.8.2 Product Portfolio
12.8.3 Recent Developments
12.9 Meggitt PLC
12.9.1 Business Overview
12.9.2 Product Portfolio
12.9.3 Recent Developments
12.10 Azima Dli Corporation
12.10.1 Business Overview
12.10.2 Product Portfolio
12.10.3 Recent Developments
12.11 Bruel & Kjaer Sound & Vibration Measurement A/S
12.11.1 Business Overview
12.11.2 Product Portfolio
12.11.3 Recent Developments
12.12 SPM Instrument AB
12.12.1 Business Overview
12.12.2 Products
12.12.3 Recent Developments
13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Introducing RT: Real-Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports
List of Tables
Table 1 Timeline of Various Monitoirng Techniques
Table 2 Emerging Applications and Wireless Technology Are Propelling the Growth of the Vibration Monitoring Equipment Market (2014–2020)
Table 3 Unpredictable Maintenance Period is Likely to Restrain the Market Growth (2014–2020)
Table 4 Growth of Wind Energy and Remote Monitoring Would Bring New Growth Opportunities for Vibration Monitoring Systems (2014–2020)
Table 5 Integration of Condition Monitoring With Pam & Cmms is A Major Challenge for Vibration Monitoring Equipment Market
Table 6 Growing Awareness Toward Monitoring Techniques is the Leading Trend Among the Key Players
Table 7 Vibration Monitoring Equipment Market, By Product, 2013–2020 ($ Million)
Table 8 Portable Vibration Monitoring Equipment Market, By Component, 2013–2020 ($ Million)
Table 9 Portable Market, By Application, 2013–2020 ($ Million)
Table 10 Non-Portable Vibration Monitoring Equipment Market, By Component, 2013–2020 ($ Million)
Table 11 Non-Portable Vibration Monitoring Equipment Market, By Application, 2013–2020 ($ Million)
Table 12 Market Size, By Component, 2013–2020 ($ Million)
Table 13 Market Size, By Application, 2013–2020 ($ Million)
Table 14 Market Size for Aerospace & Defense Application, By Product, 2013–2020 ($ Million)
Table 15 Market Size for Aerospace & Defense Application, By Region, 2013–2020 ($ Million)
Table 16 North America Vibration Monitoring Equipment Market Size for Aerospace & Defense Application, By Geography, 2013–2020 ($ Million)
Table 17 Europe: Market Size for Aerospace & Defense Application, By Geography, 2013–2020 ($ Million)
Table 18 APAC: Market Size for Aerospace & Defense Application, By Geography, 2013–2020 ($ Million)
Table 19 RoW: Market Size for Aerospace & Defense Application, By Region, 2013–2020 ($ Million)
Table 20 Vibration Monitoring Equipment Market Size for Automotive Application, By Product, 2013–2020 ($ Million)
Table 21 Market Size for Automotive Application, By Region, 2013–2020 ($ Million)
Table 22 North America Vibration Monitoring Equipment Market Size for Automotive Application, By Geography, 2013–2020 ($ Million)
Table 23 Europe: Market Size for Automotive Application, By Geography, 2013–2020 ($ Million)
Table 24 APAC: Market Size for Automotive Application, By Geography, 2013–2020 ($ Million)
Table 25 RoW: Market Size for Automotive Application, By Region, 2013–2020 ($ Million)
Table 26 Vibration Monitoring Equipment Market Size for Chemical Application, By Product, 2013–2020 ($ Million)
Table 27 Market Size for Chemical Application, By Region, 2013–2020 ($ Million)
Table 28 North America: Market Size for Chemical Application, By Geography, 2013–2020 ($ Million)
Table 29 Europe: Market Size for Chemical Application, By Geography, 2013–2020 ($ Million)
Table 30 APAC: Market Size for Chemical Application, By Geography, 2013–2020 ($ Million)
Table 31 RoW: Market Size for Chemical Application, By Region, 2013–2020 ($ Million)
Table 32 Vibration Monitoring Equipment Market Size for Marine Application, By Product, 2013–2020 ($ Million)
Table 33 Market Size for Marine Application, By Region, 2013–2020 ($ Million)
Table 34 North America: Market Size for Marine Application, By Geography, 2013–2020 ($ Million)
Table 35 Europe: Market Size for Marine Application, By Geography, 2013–2020 ($ Million)
Table 36 APAC: Market Size for Marine Application, By Geography, 2013–2020 ($ Million)
Table 37 RoW: Market Size for Marine Application, By Region, 2013–2020 ($ Million)
Table 38 Vibration Monitoring Equipment Market Size for Metals & Mining Application, By Product, 2013–2020 ($ Million)
Table 39 Market Size for Metals & Mining Application, By Region, 2013–2020 ($ Million)
Table 40 North America: Market Size for Metals & Mining Application, By Geography, 2013–2020 ($ Million)
Table 41 Europe: Market Size for Metals & Mining Application, By Geography, 2013–2020 ($ Million)
Table 42 APAC: Market Size for Metals & Mining Application, By Geography, 2013–2020 ($ Million)
Table 43 RoW: Market Size for Metals & Mining Application, By Region, 2013–2020 ($ Million)
Table 44 Vibration Monitoring Equipment Market Size for Oil & Gas Application, By Product, 2013–2020 ($ Million)
Table 45 Market Size for Oil & Gas Application, By Region, 2013–2020 ($ Million)
Table 46 North America: Market Size for Oil & Gas Application, By Geography, 2013–2020 ($ Million)
Table 47 Europe: Market Size for Oil & Gas Application, By Geography, 2013–2020 ($ Million)
Table 48 APAC: Market Size for Oil & Gas Application, By Geography, 2013–2020 ($ Million)
Table 49 RoW: Market Size for Oil & Gas Application, By Region, 2013–2020 ($ Million)
Table 50 Market Size for Energy & Power Application, By Product, 2013–2020 ($ Million)
Table 51 Market Size for Energy & Power Application, By Region, 2013–2020 ($ Million)
Table 52 North America: Market Size for Energy & Power Application, By Geography, 2013–2020 ($ Million)
Table 53 Europe: Market Size for Energy & Power Application, By Geography, 2013–2020 ($ Million)
Table 54 APAC: Market Size for Energy & Power Application, By Geography, 2013–2020 ($ Million)
Table 55 RoW: Market Size for Energy & Power Application, By Region, 2013–2020 ($ Million)
Table 56 Market Size for Other Applications, By Product, 2013–2020 ($ Million)
Table 57 Market Size for Other Applications, By Region, 2013–2020 ($ Million)
Table 58 North America: Market Size for Other Applications, By Geography, 2013–2020 ($ Million)
Table 59 Europe: Market Size for Other Applications, By Geography, 2013–2020 ($ Million)
Table 60 APAC: Market Size for Other Applications, By Geography, 2013–2020 ($ Million)
Table 61 RoW: Market Size for Other Applications, By Region, 2013–2020 ($ Million)
Table 62 Vibration Monitoring Equipment Market Size, By Region, 2013–2020 ($ Million)
Table 63 North American Market Size, By Country, 2013–2020 ($ Million)
Table 64 Europe: Market Size, By Country, 2013–2020 ($ Million)
Table 65 APAC: Market Size, By Country, 2013–2020 ($ Million)
Table 66 RoW: Market Size, By Region, 2013–2020 ($ Million)
Table 67 New Product Launches, 2011–2014
Table 68 Partnerships, Contract, Agreements, and Joint Ventures
Table 69 Mergers and Acquisitions
Table 70 Expansions
Table 71 Other Developments
List of Figures
Figure 1 Markets Covered
Figure 2 Research Design
Figure 3 Vibration Monitoring Process
Figure 4 Vibration Monitoring Technique is Fast-Growing Compared to Other Methods
Figure 5 Vibration Monitoring Advantages at A Glimpse
Figure 6 Growing Demand for Major Applications is Likely to Drive the Market
Figure 7 Increasing Number of Inorganic Growth Strategies Between Players
Figure 8 Bottom-Up Approch
Figure 9 Top-Down Approch
Figure 10 Breakdown of Primaries’ Interviews: By Company Type, Designation, & Region
Figure 11 Market Breakdown and Data Triangulation
Figure 12 Assumptions of the Research Study
Figure 13 Vibration Monitoring Equipment Market Snapshot (2014–2020)
Figure 14 Oil & Gas and Energy & Power Applications Likely to Lead the Market in 2020
Figure 15 Market By Component
Figure 16 Market Share, By Region, 2014
Figure 17 Market Likely to Have Huge Opportunity By 2020
Figure 18 Energy & Power Likely to Grow at the Highest Rate Among All the Applications in the Vibration Monitoring Equipment Market
Figure 19 Oil & Gas Application Accounted for the Major Share in the APAC Market in 2014
Figure 20 India and China Are the Fastest-Growing Nations (CAGR %, 2015–2020)
Figure 21 Portable Vibration Monitoring Equipment to Cover Major Market Share
Figure 22 North America to Cover Major Market Share in All Applications
Figure 23 Mature vs. Developing Markets
Figure 24 Oil & Gas is the Major Application Market in APAC
Figure 25 APAC is the Fastest-Growing Region
Figure 26 Causes of Vibration in Machine
Figure 27 Journey of Vibration Monitoring Equipment From Manual Inspection to Cloud-Based Monitoring Systems
Figure 28 Market Segmentation, By Product
Figure 29 Market Segmentation, By Component
Figure 30 Market Segmentation, By Application
Figure 31 Growing Awareness Toward Monitoring Solutions is Mainly Driving the Market Between 2015 and 2020
Figure 32 Remote Monitoring of A Machine
Figure 33 Value Chain Analysis
Figure 34 Porter’s Five Forces Analysis
Figure 35 Porter’s Five Forces Analysis (2014: Impact Analysis
Figure 36 Threat of New Entrants: Impact Analysis
Figure 37 Threat of Substitutes: Impact Analysis
Figure 38 Bargaining Power of Suppliers: Impact Analysis
Figure 39 Bargaining Power of Buyers: Impact Analysis
Figure 40 Degree of Competition: Impact Analysis
Figure 41 New Product Development and Agreements, Contracts Were the Major Strategies Adopted By Industry Players (2011–2015)
Figure 42 Market, By Product
Figure 43 Portable Vibration Equipment is Expected to Grow Faster
Figure 44 Accelerometer-Based Vibration Monitors Are Mostly Used in the Industry
Figure 45 Energy & Power Application Has the Highest Growth Opportunity for Portable Vibration Monitors
Figure 46 Non-Portable Vibration Monitors Are Likely to Have the Largest Share in the Oil & Gas Application, 2015
Figure 47 Market, By Component
Figure 48 Accelerometer-Based Vibration Monitors to Grow at the Highest CAGR
Figure 49 Advantages and Disadvantages of Accelerometer
Figure 50 Advantages and Disadvantages of Proximity Probes
Figure 51 Market, By Application
Figure 52 Market Size, By Application, 2015 vs. 2020
Figure 53 Vibration Monitoring Equipment Market for Aerospace and Defense Application: Geographic Snapshot
Figure 54 Portable Vibration Monitors to Grow at A Faster Rate By 2020
Figure 55 U.S. Has the Largest Share in the Vibration Monitoring Equipment Market for Automotive Application in 2014
Figure 56 Market for Chemical Application
Figure 57 Portable Vibration Equipment Contributes 66% to the Marine Application, 2015
Figure 58 Middle East & Africa Contributes to 53% of the RoW’s Market for Marine Application, 2015
Figure 59 North America Contributes to ~33% of the Vibration Monitoring Equipment Market for Metals & Mining Application
Figure 60 Market for Oil & Gas Application: Snapshot
Figure 61 The U.S. Cojntributes to ~85% Market Share in Energy & Power Application
Figure 62 China Has the Largest Share in the Vibration Monitoring Equipment Market for Energy & Power Application in the APAC Region, 2014
Figure 63 The U.S.: Leading Country in Vibration Monitoring Equipment Market for Other Applications, 2014
Figure 64 Vibration Monitoring Equipment Market Snapshot (Between 2015 and 2020)
Figure 65 The U.S. Covers ~35% to the Vibration Monitoring Equipment Market, 2015
Figure 66 North American Vibration Monitoring Equipment Market: Snapshot
Figure 67 Germany Contributes ~32% to the European Vibration Monitoring Equipment Market, 2014
Figure 68 APAC Region is Estimated to Grow at the Highest Rate in Vibration Monitoring Equipment Market
Figure 69 Middle East and Africa Region to Grow at A Higher Rate
Figure 70 Companies Adopted New Product Development as the Key Growth Strategy in the Past Three Years
Figure 71 General Electric Company Grew at the Fastest Rate Between 2011 and 2013
Figure 72 Vibration Monitoring Equipment Market Share, By Key Player, 2014
Figure 73 Market Evolution Framework: New Product Development Has Fueled Growth and Innovation
Figure 74 Battle for Market Share: New Product Development Was the Key Strategy
Figure 75 Geographic Revenue Mix of Top 5 Market Players
Figure 76 Competitive Benchmarking of Key Market Players (2011–2013): Honeywell Emerged as the Champion Owing to Its Diversified Product Portfolio
Figure 77 Emerson Electric Company: Company Snapshot
Figure 78 Emerson Electric Company: SWOT Analysis
Figure 79 General Electric Corporation: Company Snapshot
Figure 80 General Electric Corporation: SWOT Analysis
Figure 81 Honeywell International, Inc.: Company Snapshot
Figure 82 Honeywell International, Inc.: SWOT Analysis
Figure 83 Rockwell Automation, Inc.: Company Snapshot
Figure 84 Rockwell Automation, Inc.: SWOT Analysis
Figure 85 SKF: Company Snapshot
Figure 86 Analog Devices, Inc.: Company Snapshot
Figure 87 Analog Devices, Inc.: SWOT Analysis
Figure 88 National Instruments Corporation: Company Snapshot
Figure 89 Meggit PLC: Company Snapshot
Figure 90 Azima Dli Corporation: Company Snapshot
Figure 91 Bruel & Kjaer Sound & Vibration Measurement A/S: Company Snapshot
Figure 92 SPM Instrument: Company Snapshot
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