Vibration monitoring equipment is special equipment which can record and store the mechanical vibration and shock signal. It is typically defined as a means of preventing catastrophic failure in critical rotating machinery – such as power generation plant, larger pumps and main arterial conveying systems – and providing the data needed to accurately determine the optimal schedule for maintenance activities on this plant.
In the coming years there is an increasing demand for Vibration Monitoring Equipment in the regions of US and Europe that is expected to drive the market for more advanced Vibration Monitoring Equipment. Increasing of chemical industry fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on machinery manufacturing industry, retrofitting and renovation of old technology, increasing adoption of Vibration Monitoring Equipment will drive growth in United States and Europe markets.
Globally, the Vibration Monitoring Equipment industry market is low concentrated as the manufacturing technology of Vibration Monitoring Equipment is relatively matures than some high-tech equipment. And some enterprises, like SKF, GE, Rockwell Automation, etc. are well-known for the wonderful performance of their Vibration Monitoring Equipment and related services. At the same time, United States, occupied 38.86% production market share in 2015, is remarkable in the global Vibration Monitoring Equipment industry because of their market share and technology status of Vibration Monitoring Equipment.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
The global Vibration Monitoring Equipment market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
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This report focuses on Vibration Monitoring Equipment volume and value at global level, regional level and company level. From a global perspective, this report represents overall Vibration Monitoring Equipment market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
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Segment by Type
Offline Vibration Monitoring Equipment
Online Vibration Monitoring Equipment
Segment by Application
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