With sales increasing at a positive CAGR of 6.2% from 2022 to 2032, the global vibration control system market is anticipated to reach a valuation of US$ 9.01 billion by 2032. The target market is anticipated to reach an estimated US$ 4.94 Bn in 2022, driven by the increased demand for vibration control systems in the healthcare sector. Vibration control systems are being used in healthcare settings more frequently over the forecast period to safeguard expensive and delicate medical equipment from vibration-related harm, such as magnetic resonance imaging scanners and DNA sequencing microarrays.
To lessen the impact and safeguard delicate medical equipment, many pharmaceutical companies and other sectors of the medical industry are swiftly implementing the vibration control system. Systems for reducing vibrations arewidely employed in the aerospace and defence sectors as well. The system is used to reduce vibrations that might break the glass in the cargo, doors, windows, or windscreen. The demand for vibration control systems has increased recently as a result of its expanding use across many industry verticals, including oil & gas, power plants, and automobiles. The system has gained popularity in the energy industry as a result of its capacity to reduce vibration and shock.
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Furthermore, a notable inclination towards the use of vibration controllers’ techniques in the electronics and electrical industry as well as the manufacturing of industrial goods has had a positive impact on the vibration control systems market. In addition to this, the increasing awareness of the importance of protecting mechanical structures, rising interest in the use of active vibration control in different industrial sectors as well as advancing automobile and airplane industries are propelling the vibration control system market.
The increase in per capita utility spending and rising government spending on important end-use industries also contribute to the growth of the target market. The progress observed in various end-use industries is also expected to aid market manufacturers in diversifying their product lines and thus expanding the vibration control system market over the forecast period.
“Rising adoption of the vibration control system in oil & gas, transportation, utilities, and other end-use industries is expected to propel the market growth of the vibration control system over the forecast period,” says an FMI analyst.
Key Takeaways:
- Development and integration of IIoT will boost market possibilities.
- Transportation and utility sectors are driving market growth in The United States.
- Russia is predicted to offer lucrative opportunities to the target market.
- The vibration control systems market in China is expected to dominate the Asia Pacific market.
Competitive Landscape
HUTCHINSON, DynaTronic Corporation Ltd., Cooper Standard, GERB, Technical Manufacturing Corporation, LORD Corporation, Trelleborg AB, Farat Ltd, Bridgestone Corporation, FUKOKU CO., LTD, VICODA GmbH, MUPRO Services GmbH, Kinetics Noise Control, Inc., Dynamic Solutions Systems, Inc., Isolation Technology Inc., ACTOM PTY LTD, Fabreeka, VSL International Ltd., and Resistoflex (P) Ltd., among others are some of the major players in the vibration control system market profiled in the full version of the report.
Leading market players are focusing on product innovation and development to cater to consumer demands. These organizations also employ tactics like partnerships and collaborations to gain a competitive advantage.
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More Insights into Vibration Control System Market Report
In its latest report, FMI offers an unbiased analysis of the global vibration control system market, providing historical data and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of system (vibration control (isolating pads, isolators (metal, rubber), couplings (spool, shear, bolt, bush), anti-vib cylinders (male, female)), motion control (springs (air, coil), hangers, washers & brushes, mounts (hydraulic, pneumatic)), automation control (absorber (miniature, industrial, heavy industrial), dampers (hydraulic, pneumatic, damping pads))), end user (mining & quarrying, oil & gas, utilities, transportation, food manufacturing, be. & tobacco, textile mills, bi-product, chemical manufacturing, electrical equipment, machinery manufacturing), sales type (O.E.M., aftermarket), and region.
According to the latest FMI reports, based on region, the vibration control system market in China is expected to thrive over the forecast period and dominate the market space in the Asia Pacific region. The strong presence of key manufacturers in the Chinese regional market accounts for the region’s rapid development. Heightened demand for vibration control systems in this country is likely to be prompted by the low cost of capital and abundant supply of low-priced labor and materials.
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Vibration Control Systems Market by Segmentation
By System:
- Vibration Controls
- Isolating Pads
- Isolators (Metal, Rubber)
- Couplings (Spool, Shear, Bolt, Bush)
- Anti-Vib Cylinders (Male, Female)
- Motion Controls
- Springs (Air, Coil)
- Hangers
- Washers & Brushes
- Mounts (Hydraulic, Pneumatic)
- Automation Control
- Absorber (Miniature, Industrial, Heavy Industrial)
- Dampers (Hydraulic, Pneumatic, Damping Pads)
By End User:
- Mining & Quarrying
- Oil & Gas
- Utilities
- Transportation
- Food Manufacturing
- Bev. & Tobacco
- Textile Mills
- Bi-Products
- Chemical Manufacturing
- Electrical Equipment
- Machinery Manufacturing
By Sales Type:
- O.E.M
- Aftermarket
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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