振動監視市場 – 2029年までの世界予測

Vibration Monitoring Market - Global Forecast to 2029

振動監視市場 - 加速度計、近接プローブ、速度センサー、送信機、振動アナライザー、振動計、オンライン振動モニタリング、ポータブル振動モニタリング、オンプレミス、クラウド ソフトウェア - 2029年までの世界予測
Vibration Monitoring Market by Accelerometers, Proximity Probes, Velocity Sensors, Transmitters, Vibration Analyzers, Vibration Meters, Online Vibration Monitoring, Portable Vibration Monitoring, On-premises, Cloud Software - Global Forecast to 2029
出版社MarketsandMarkets
出版年月2024年9月
ページ数219
図表数224
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global vibration monitoring market size is expected to grow from USD 1.85 billion in 2024 to USD 2.69 billion by 2029, at a CAGR of 7.8% from 2024 to 2029.

世界の振動モニタリング市場規模は、2024年から2029年まで7.8%のCAGRで、2024年の18.5億米ドルから2029年までに26.9億米ドルに成長すると予想されています。

振動監視市場 - 2029年までの世界予測
Vibration Monitoring Market

The rising interest in cloud platforms and their adoption offer enterprises new business capabilities and opportunities. Currently, enterprises require advanced machines equipped with advanced maintenance technologies to avoid any reduction or interruption in production. These enterprises also require monitoring the health of manufacturing equipment in real-time, thereby leading to the employment of diagnostic technologies for machine tools.

振動監視市場 - 2029年までの世界予測
Vibration Monitoring Market – Global Forecast to 2029

“Chemical segment is projected to grow at an impressive CAGR during the forecast period.”

Chemical processing plants have machines that are vulnerable to failure and unplanned downtime, with the added risk of harmful impact on the environment. Several types of process equipment are used in chemical plants, including boilers, turbines, motors, conveyors, dryers, evaporators, feeders, filters, generators, heat exchangers, mixers, packaging equipment, pumps, reactors, tanks, and valves. A prolonged process interruption can lead to production losses. Most equipment in the chemical processing industry have standard couplings, gearboxes, and rolling element bearings. Thus, the implementation of appropriate protection, prediction, and performance monitoring systems is essential for the profitability of chemical manufacturing plants. Vibration monitoring systems and solutions are used in chemical plants to monitor various chemical processes.

振動監視市場 - 2029年までの世界予測 ecosystem
Vibration Monitoring Market – ecosystem

“The market in Europe is expected to hold significant market share during the forecast period.”

Germany is one of the key countries in Europe. The country has a strong automotive manufacturing base. The Government of Germany has undertaken an ambitious Industry 4.0 project to computerize its process industries to increase resource efficiency and industrial output. The technological base for this project is cyber-physical systems, cloud computing, and the Internet of Things. Its goal is to increase digitalization through smart factories and loT. The increasing use of intelligent sensing technologies and Industry 4.0 has significantly enhanced the condition monitoring processes in Germany. Industry 4.0 helps to digitize industrial processes and improve plant efficiency.

Breakdown of the profiles of primary participants:

  • By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
  • By Designation: C-level Executives – 45%, Directors – 35%, and Others – 20%
  • By Region: North America – 40%, Europe – 30%, Asia Pacific – 20%, and RoW – 10%

Major players profiled in this report are as follows: Baker Hughes Company (US), Honeywell International Inc (US), Emerson Electric Co. (US), SKF (Sweden), Schaeffler AG (Germany), Parker Hannifin Corp (US), Rockwell Automation (US), Analog Devices, Inc. (US), ALS (Australia), Teledyne FLIR LLC (US), and Others.

Research Coverage

The vibration monitoring market has been classified by offering, monitoring process, deployment type, system type, industry, and region. The market by offering has been classified into hardware, software, and services. The monitoring process segment is divided into online and portable. The system type segment is divided into on-premises and cloud. The deployment type segment is divided into on-premises and cloud. The market has been divided into oil & gas, power generation, mining & metals, chemicals, automotive, aerospace, food & beverages, other industries by industry segment. The study also forecasts the market size in four key regions—North America, Europe, Asia Pacific, and RoW.

Key Benefits of Buying the Report:

The report provides insights on the following pointers:

Analysis of key drivers ( Rising adoption of wireless communication technology to avoid unplanned shutdowns, Growing use of cloud computing platforms to monitor industrial equipment health, Rising predictive maintenance need in industrial area, Rising development of smart manufacturing to drive vibration monitoring adoption, Benefits associated with vibration monitoring systems), restraints (lack of trust issues associated in prediction capabilities of vibration monitoring systems, Lack of availability of trained resources for data analysis), opportunities (Rising interest towards big data analytics and machine learning, Rising collaborations and partnerships among different market players, Rising interest toward Industrial Internet of Things (IIoT)), and challenges (Unavailability of expertise at remote locations, Additional expenses associated with retrofitting existing systems, System integration issues),  influencing the growth of the vibration monitoring market.

  • Product Development/Innovation: Detailed insights on new products, technologies, research & development activities, funding activities, industry partnerships, and new product launches in the vibration monitoring market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the vibration monitoring market across regions such as North America, Europe, Asia Pacific, and RoW.
  • Market Diversification: Exhaustive information about new products & technologies, untapped geographies, recent developments, and investments in the vibration monitoring market.
  • Competitive Assessment: In-depth assessment of market position, growth strategies, and product offerings of leading players like Baker Hughes Company (US), Emerson Electric Co. (US), SKF (Sweden), Schaeffler AG (Germany), Parker Hannifin Corp (US), and among others in the vibration monitoring market.
  •  Strategies: The report also helps stakeholders understand the pulse of the vibration monitoring market and provides information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1            INTRODUCTION            23

1.1         STUDY OBJECTIVES      23

1.2         MARKET DEFINITION   24

1.3         STUDY SCOPE  24

1.3.1      MARKETS COVERED AND REGIONAL SCOPE     25

1.3.2      INCLUSIONS AND EXCLUSIONS 26

1.3.3      YEARS CONSIDERED     27

1.4         CURRENCY CONSIDERED          27

1.5         UNIT CONSIDERED       27

1.6         STAKEHOLDERS            27

1.7         SUMMARY OF CHANGES            28

2            RESEARCH METHODOLOGY     29

2.1         RESEARCH DATA           29

2.1.1      SECONDARY AND PRIMARY RESEARCH 30

2.1.2      SECONDARY DATA       31

2.1.2.1   List of key secondary sources           31

2.1.2.2   Key data from secondary sources     31

2.1.3      PRIMARY DATA 32

2.1.3.1   List of primary interview participants             32

2.1.3.2   Key data from primary sources         32

2.1.3.3   Key industry insights          33

2.1.3.4   Breakdown of primaries     33

2.2         MARKET SIZE ESTIMATION METHODOLOGY    34

2.2.1      TOP-DOWN APPROACH             34

2.2.1.1   Approach to arrive at market size using top-down analysis

(supply side)        34

2.2.2      BOTTOM-UP APPROACH           35

2.2.2.1   Approach to arrive at market size using bottom-up analysis

(demand side)     35

2.3         MARKET BREAKDOWN AND DATA TRIANGULATION    37

2.4         RESEARCH ASSUMPTIONS         38

2.5         RESEARCH LIMITATIONS           39

2.6         RISK ANALYSIS 39

3            EXECUTIVE SUMMARY 40

4            PREMIUM INSIGHTS      44

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN VIBRATION MONITORING MARKET 44

4.2         VIBRATION MONITORING MARKET, BY OFFERING        45

4.3         VIBRATION MONITORING MARKET, BY INDUSTRY        45

4.4         VIBRATION MONITORING MARKET IN NORTH AMERICA, BY INDUSTRY AND COUNTRY        46

4.5         VIBRATION MONITORING MARKET, BY COUNTRY         46

5            MARKET OVERVIEW     47

5.1         INTRODUCTION            47

5.2         MARKET DYNAMICS     47

5.2.1      DRIVERS            48

5.2.1.1   Rising adoption of wireless communication technology to optimize operational efficiency             48

5.2.1.2   Growing use of cloud computing platforms to monitor industrial equipment health              48

5.2.1.3   Rapid transition from preventive to predictive maintenance approach     49

5.2.1.4   Surging adoption of automation and smart manufacturing techniques      50

5.2.1.5   Increasing awareness regarding benefits of vibration monitoring systems 50

5.2.2      RESTRAINTS     51

5.2.2.1   Trust issues related to prediction capabilities of vibration monitoring systems              51

5.2.2.2   Shortage of trained resources           52

5.2.3      OPPORTUNITIES           52

5.2.3.1   Increasing use of big data analytics and machine learning technologies    52

5.2.3.2   Rising focus of established players on collaborations and partnerships with technology and software solution providers    53

5.2.4      CHALLENGES   54

5.2.4.1   Additional expenses associated with retrofitting existing systems             54

5.2.4.2   System integration issues   54

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       55

5.4         PRICING ANALYSIS        56

5.4.1      AVERAGE SELLING PRICE TREND OF VIBRATION MONITORING HARDWARE      56

5.4.2      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY HARDWARE              57

5.4.3      AVERAGE SELLING PRICE TREND OF VIBRATION MONITORING HARDWARE,

BY REGION        58

5.5         VALUE CHAIN ANALYSIS            59

5.6         ECOSYSTEM ANALYSIS 61

5.7         INVESTMENT AND FUNDING SCENARIO            63

5.8         TECHNOLOGY ANALYSIS           63

5.8.1      KEY TECHNOLOGIES    63

5.8.1.1   IoT        63

5.8.2      COMPLEMENTARY TECHNOLOGIES     64

5.8.2.1   Cloud computing 64

5.8.3      ADJACENT TECHNOLOGIES      65

5.8.3.1   AI          65

5.9         PATENT ANALYSIS        66

5.10       TRADE ANALYSIS          68

5.10.1    IMPORT SCENARIO (HS CODE 903190)  68

5.10.2    EXPORT SCENARIO (HS CODE 903190)  69

5.11       KEY CONFERENCES AND EVENTS, 2024–2025     70

5.12       CASE STUDY ANALYSIS 70

5.12.1    STEEL ROLLING MILL DEPLOYED ONLINE VIBRATION MONITORING SYSTEM TO PREVENT BEARING FAILURE           70

5.12.2    EMERSON ELECTRIC INSTALLED VIBRATION TRANSMITTER IN BARKING POWER STATION TO REDUCE PLANT DOWNTIME     71

5.12.3    TWI DEVELOPED ADVANCED CONDITION MONITORING SYSTEM TO IMPROVE WIND TURBINE MACHINERY RELIABILITY     71

5.13       REGULATORY LANDSCAPE       72

5.13.1    REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 72

5.13.2    STANDARDS     73

5.14       PORTER’S FIVE FORCES ANALYSIS         74

5.14.1    BARGAINING POWER OF SUPPLIERS     75

5.14.2    BARGAINING POWER OF BUYERS           75

5.14.3    THREAT OF NEW ENTRANTS    76

5.14.4    THREAT OF SUBSTITUTES         76

5.14.5    INTENSITY OF COMPETITIVE RIVALRY 76

5.15       KEY STAKEHOLDERS AND BUYING CRITERIA    77

5.15.1    KEY STAKEHOLDERS IN BUYING PROCESS         77

5.15.2    BUYING CRITERIA         77

5.16       IMPACT OF AI/GEN AI ON VIBRATION MONITORING MARKET 78

5.16.1    INTRODUCTION            78

5.16.2    VIBRATION MONITORING MARKET POTENTIAL IN KEY INDUSTRIES              78

5.16.2.1 Oil & gas              78

5.16.2.2 Power generation 79

5.16.3    AI USE CASES IN VIBRATION MONITORING       79

5.16.4    KEY COMPANIES IMPLEMENTING/ADAPTING AI            80

5.16.5    FUTURE OF GENERATIVE AI IN VIBRATION MONITORING ECOSYSTEM              80

6            APPLICATIONS OF VIBRATION MONITORING SYSTEMS             81

6.1         INTRODUCTION            81

6.2         PUMPS 81

6.3         MOTORS            82

6.4         CHILLERS          82

6.5         FANS    82

6.6         COMPRESSORS 83

6.7         TURBINES         83

6.8         BEARINGS         83

6.9         OTHER APPLICATIONS 83

7            VIBRATION MONITORING MARKET, BY OFFERING        84

7.1         INTRODUCTION            85

7.2         HARDWARE      86

7.2.1      VIBRATION ANALYZERS             89

7.2.1.1   Portability and handheld features to drive adoption     89

7.2.2      VIBRATION METERS     90

7.2.2.1   Simplicity and convenience features to boost deployment          90

7.2.3      ACCELEROMETERS       90

7.2.3.1   Capacitive sensing ability and need to detect source of vibration to fuel segmental growth   90

7.2.4      PROXIMITY PROBES      90

7.2.4.1   Requirement to measure displacements of physical devices to foster segmental growth   90

7.2.5      VELOCITY SENSORS      91

7.2.5.1   Ability to record low- and medium-frequency measurements to boost demand              91

7.2.6      VIBRATION TRANSMITTERS     91

7.2.6.1   Need to gather vibration-related information in hard-to-reach locations to spike demand 91

7.2.7      OTHER HARDWARE TYPES        91

7.3         SOFTWARE       92

7.3.1      ON-PREMISES   93

7.3.1.1   Rising adoption by SMEs for simplified data management to support segmental growth   93

7.3.2      CLOUD-BASED 94

7.3.2.1   Lower initial investment to accelerate adoption           94

7.4         SERVICES          95

7.4.1      TRAINING AND SUPPORT SERVICES TO CONTRIBUTE MOST TO SEGMENTAL GROWTH 95

8            VIBRATION MONITORING MARKET, BY SYSTEM TYPE  96

8.1         INTRODUCTION            97

8.2         ONLINE             98

8.2.1      NEED FOR REAL-TIME MACHINERY HEALTH INFORMATION TO CONTRIBUTE TO MARKET GROWTH    98

8.3         PORTABLE        99

8.3.1      EMERGENCE OF LOW-COST PORTABLE VIBRATION MONITORING SOLUTIONS TO DRIVE MARKET             99

9            VIBRATION MONITORING MARKET, BY INDUSTRY        101

9.1         INTRODUCTION            102

9.2         OIL & GAS          104

9.2.1      STRONG FOCUS ON REDUCING UNPLANNED OUTAGES IN OIL & GAS PLANTS TO DRIVE ADOPTION 104

9.3         POWER GENERATION   106

9.3.1      RAPID TRANSITIONING TO RENEWABLE ENERGY SOURCES TO CREATE OPPORTUNITIES          106

9.4         METALS & MINING        108

9.4.1      RISING DEMAND FOR REMOTE DIAGNOSTICS OF PORTABLE AND FIXED MINING ASSETS TO SUPPORT MARKET GROWTH            108

9.5         CHEMICALS      111

9.5.1      SIGNIFICANT FOCUS ON INCREASING PLANT PROFITABILITY AND REDUCING OPERATING COSTS TO FUEL MARKET GROWTH     111

9.6         AUTOMOTIVE  113

9.6.1      GROWING ADOPTION OF IIOT AND DIGITAL TECHNOLOGIES TO FOSTER MARKET GROWTH       113

9.7         AEROSPACE      115

9.7.1      SURGING DEPLOYMENT OF SMART FACTORY SOLUTIONS AND ONLINE VIBRATION MONITORING TO ACCELERATE DEMAND 115

9.8         FOOD & BEVERAGES     118

9.8.1      ELEVATING NEED TO MAINTAIN OPTIMAL EQUIPMENT CONDITION AND ENSURE QUALITY STANDARDS TO DRIVE MARKET            118

9.9         OTHER INDUSTRIES      120

10          VIBRATION MONITORING MARKET, BY REGION            123

10.1       INTRODUCTION            124

10.2       NORTH AMERICA          127

10.2.1    MACROECONOMIC OUTLOOK FOR NORTH AMERICA   127

10.2.2    US         130

10.2.2.1 Rising use of Industry 4.0 and smart manufacturing to drive market        130

10.2.3    CANADA            131

10.2.3.1 Thriving oil & gas and aerospace industries to support market growth     131

10.2.4    MEXICO             131

10.2.4.1 Increasing adoption of automation in industrial plants to fuel market growth              131

10.3       EUROPE             131

10.3.1    MACROECONOMIC OUTLOOK FOR EUROPE     132

10.3.2    GERMANY         135

10.3.2.1 Rising adoption of digitalization to accelerate market growth     135

10.3.3    UK         136

10.3.3.1 Inclination toward smart manufacturing to contribute to market growth  136

10.3.4    FRANCE             136

10.3.4.1 Elevating use of automation to foster demand 136

10.3.5    ITALY   136

10.3.5.1 Increasing industrial safety concerns to drive adoption 136

10.3.6    SPAIN   137

10.3.6.1 Considerable focus on workplace safety and environmental sustainability to fuel demand 137

10.3.7    REST OF EUROPE           137

10.4       ASIA PACIFIC    137

10.4.1    MACROECONOMIC OUTLOOK FOR ASIA PACIFIC          137

10.4.2    CHINA  141

10.4.2.1 Increasing labor costs to boost adoption         141

10.4.3    JAPAN  142

10.4.3.1 Growing use of automation in automotive industry to fuel market growth 142

10.4.4    INDIA   142

10.4.4.1 Make in India initiative to support market growth        142

10.4.5    SOUTH KOREA 142

10.4.5.1 Growing deployment of robotics in manufacturing plants to drive market 142

10.4.6    SINGAPORE      143

10.4.6.1 Surging focus of manufacturers on improving operational efficiency and reducing plant downtime to drive market       143

10.4.7    MALAYSIA         143

10.4.7.1 Manufacturing and oil & gas industries to contribute to market growth    143

10.4.8    REST OF ASIA PACIFIC  143

10.5       ROW     143

10.5.1    MACROECONOMIC OUTLOOK FOR ROW           143

10.5.2    MIDDLE EAST  146

10.5.2.1 Booming oil & gas industry to drive market    146

10.5.2.2 GCC countries     146

10.5.2.3 Rest of Middle East            147

10.5.3    SOUTH AMERICA           147

10.5.3.1 Increasing investment in industrial infrastructure development to fuel market growth   147

10.5.4    AFRICA 147

10.5.4.1 Growing adoption of predictive maintenance approach to ensure uninterrupted operations to boost demand             147

11          COMPETITIVE LANDSCAPE       148

11.1       INTRODUCTION            148

11.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024     148

11.3       REVENUE ANALYSIS, 2019–2023 150

11.4       MARKET SHARE ANALYSIS, 2023             151

11.5       COMPANY VALUATION AND FINANCIAL METRICS        153

11.6       BRAND/PRODUCT COMPARISON          154

11.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   154

11.7.1    STARS  154

11.7.2    EMERGING LEADERS    154

11.7.3    PERVASIVE PLAYERS     155

11.7.4    PARTICIPANTS 155

11.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      156

11.7.5.1 Company footprint            156

11.7.5.2 Industry footprint 157

11.7.5.3 Offering footprint 158

11.7.5.4 System type footprint         159

11.7.5.5 Region footprint  160

11.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          161

11.8.1    PROGRESSIVE COMPANIES       161

11.8.2    RESPONSIVE COMPANIES          161

11.8.3    DYNAMIC COMPANIES 161

11.8.4    STARTING BLOCKS       161

11.8.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             163

11.8.5.1 Detailed list of key startups/SMEs   163

11.8.5.2 Competitive benchmarking of key startups/SMEs        163

11.9       COMPETITIVE SCENARIO          164

11.9.1    PRODUCT LAUNCHES  164

11.9.2    DEALS  165

12          COMPANY PROFILES    166

12.1       KEY PLAYERS   166

12.1.1    BAKER HUGHES COMPANY       166

12.1.1.1 Business overview 166

12.1.1.2 Products/Solutions/Services offered 168

12.1.1.3 Recent developments         168

12.1.1.3.1            Deals     168

12.1.1.4 MnM view           169

12.1.1.4.1            Key strengths/Right to win 169

12.1.1.4.2            Strategic choices  169

12.1.1.4.3            Weaknesses/Competitive threats     169

12.1.2    EMERSON ELECTRIC CO.           170

12.1.2.1 Business overview 170

12.1.2.2 Products/Solutions/Services offered 172

12.1.2.3 Recent developments         172

12.1.2.3.1            Product launches 172

12.1.2.4 MnM view           173

12.1.2.4.1            Key strengths/Right to win 173

12.1.2.4.2            Strategic choices  173

12.1.2.4.3            Weaknesses/Competitive threats     173

12.1.3    SKF       174

12.1.3.1 Business overview 174

12.1.3.2 Products/Solutions/Services offered 176

12.1.3.3 Recent developments         177

12.1.3.3.1            Product launches 177

12.1.3.3.2            Deals     177

12.1.3.4 MnM view           178

12.1.3.4.1            Key strengths/Right to win 178

12.1.3.4.2            Strategic choices  178

12.1.3.4.3            Weaknesses/Competitive threats     178

12.1.4    SCHAEFFLER AG            179

12.1.4.1 Business overview 179

12.1.4.2 Products/Solutions/Services offered 180

12.1.4.3 Recent developments         181

12.1.4.3.1            Product launches 181

12.1.4.4 MnM view           181

12.1.4.4.1            Key strengths/Right to win 181

12.1.4.4.2            Strategic choices  181

12.1.4.4.3            Weaknesses/Competitive threats     181

12.1.5    PARKER HANNIFIN CORP           182

12.1.5.1 Business overview 182

12.1.5.2 Products/Solutions/Services offered 183

12.1.5.3 MnM view           183

12.1.5.3.1            Key strengths/Right to win 183

12.1.5.3.2            Strategic choices  183

12.1.5.3.3            Weaknesses/Competitive threats     183

12.1.6    HONEYWELL INTERNATIONAL INC.      184

12.1.6.1 Business overview 184

12.1.6.2 Products/Solutions/Services offered 185

12.1.7    ROCKWELL AUTOMATION        186

12.1.7.1 Business overview 186

12.1.7.2 Products/Solutions/Services offered 188

12.1.7.3 Recent developments         188

12.1.7.3.1            Deals     188

12.1.8    ANALOG DEVICES, INC. 189

12.1.8.1 Business overview 189

12.1.8.2 Products/Solutions/Services offered 190

12.1.9    ALS       191

12.1.9.1 Business overview 191

12.1.9.2 Products/Solutions/Services offered 192

12.1.10  TELEDYNE FLIR LLC     193

12.1.10.1             Business overview 193

12.1.10.2             Products/Solutions/Services offered 193

12.2       OTHER PLAYERS           194

12.2.1    IFM ELECTRONIC GMBH            194

12.2.2    FLUKE CORPORATION 195

12.2.3    PCB PIEZOTRONICS, INC.           196

12.2.4    SPM INSTRUMENT AB   197

12.2.5    ADASH 198

12.2.6    BRÜEL & KJÆR VIBRO GMBH     199

12.2.7    ANHUI RONDS SCIENCE & TECHNOLOGY INCORPORATED COMPANY              200

12.2.8    ERBESSD INSTRUMENTS            201

12.2.9    ISTEC INTERNATIONAL             202

12.2.10  PETASENSE INC.            202

12.2.11  MACHINE SAVER           203

12.2.12  KCF       203

12.2.13  STI VIBRATION MONITORING INC.        204

12.2.14  HANSFORD SENSORS    204

12.2.15  MONITRAN       205

13          ADJACENT AND RELEVANT MARKETS  206

13.1       INTRODUCTION            206

13.2       TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION  206

13.3       NORTH AMERICA          207

13.3.1    US         209

13.3.1.1 Rising adoption by IT & telecom and aerospace & defense companies to fuel market growth     209

13.3.2    CANADA            210

13.3.2.1 Extensive manufacturing base to create opportunities  210

13.3.3    MEXICO             210

13.3.3.1 Escalating demand for automobiles and electronic products to drive market              210

14          APPENDIX         211

14.1       INSIGHTS FROM INDUSTRY EXPERTS   211

14.2       DISCUSSION GUIDE      211

14.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             215

14.4       CUSTOMIZATION OPTIONS      217

14.5       RELATED REPORTS       217

14.6       AUTHOR DETAILS         218

LIST OF TABLES

TABLE 1             VIBRATION MONITORING MARKET: RISK ANALYSIS      39

TABLE 2             INDICATIVE PRICING TREND OF VIBRATION MONITORING HARDWARE OFFERED

BY MAJOR PLAYERS, 2020–2023 (USD)    57

TABLE 3             INDICATIVE PRICING TREND OF VIBRATION MONITORING HARDWARE

OFFERINGS, 2023 (USD) 58

TABLE 4             ROLE OF COMPANIES IN ECOSYSTEM   62

TABLE 5             LIST OF PATENTS, 2021–2024     67

TABLE 6             IMPORT SCENARIO FOR HS CODE 903190-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023 (USD MILLION)            68

TABLE 7             EXPORT SCENARIO FOR HS CODE 903190-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023 (USD MILLION)            69

TABLE 8             KEY CONFERENCES AND EVENTS, 2024–2025     70

TABLE 9             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 72

TABLE 10           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 72

TABLE 11           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 73

TABLE 12           ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 73

TABLE 13           VIBRATION MONITORING MARKET: STANDARDS          73

TABLE 14           PORTER’S FIVE FORCES ANALYSIS         74

TABLE 15           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES        77

TABLE 16           KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES 78

TABLE 17           VIBRATION MONITORING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 86

TABLE 18           VIBRATION MONITORING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 86

TABLE 19           HARDWARE: VIBRATION MONITORING MARKET,

BY TYPE, 2020–2023 (USD MILLION)       87

TABLE 20           HARDWARE: VIBRATION MONITORING MARKET,

BY TYPE, 2024–2029 (USD MILLION)       87

TABLE 21           VIBRATION MONITORING MARKET, BY TYPE, 2020–2023 (MILLION UNITS)          88

TABLE 22           VIBRATION MONITORING MARKET, BY TYPE, 2024–2029 (MILLION UNITS)          88

TABLE 23           HARDWARE: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2020–2023 (USD MILLION)           89

TABLE 24           HARDWARE: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2024–2029 (USD MILLION)           89

TABLE 25           SOFTWARE: VIBRATION MONITORING MARKET,

BY DEPLOYMENT TYPE, 2020–2023 (USD MILLION)        92

TABLE 26           SOFTWARE: VIBRATION MONITORING MARKET,

BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)        92

TABLE 27           SOFTWARE: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2020–2023 (USD MILLION)           92

TABLE 28           SOFTWARE: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2024–2029 (USD MILLION)           93

TABLE 29           SERVICES: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2020–2023 (USD MILLION)           95

TABLE 30           SERVICES: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2024–2029 (USD MILLION)           95

TABLE 31           VIBRATION MONITORING MARKET, BY SYSTEM TYPE, 2020–2023 (USD MILLION)     98

TABLE 32           VIBRATION MONITORING MARKET, BY SYSTEM TYPE, 2024–2029 (USD MILLION)     98

TABLE 33           ONLINE: VIBRATION MONITORING MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)          99

TABLE 34           ONLINE: VIBRATION MONITORING MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)          99

TABLE 35           PORTABLE: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2020–2023 (USD MILLION)           100

TABLE 36           PORTABLE: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2024–2029 (USD MILLION)           100

TABLE 37           VIBRATION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 103

TABLE 38           VIBRATION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION) 104

TABLE 39           OIL & GAS: VIBRATION MONITORING MARKET,

BY OFFERING, 2020–2023 (USD MILLION)            105

TABLE 40           OIL & GAS: VIBRATION MONITORING MARKET,

BY OFFERING, 2024–2029 (USD MILLION)            105

TABLE 41           OIL & GAS: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2020–2023 (USD MILLION)      105

TABLE 42           OIL & GAS: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2024–2029 (USD MILLION)      105

TABLE 43           OIL & GAS: VIBRATION MONITORING MARKET,

BY REGION, 2020–2023 (USD MILLION)  106

TABLE 44           OIL & GAS: VIBRATION MONITORING MARKET,

BY REGION, 2024–2029 (USD MILLION)  106

TABLE 45           POWER GENERATION: VIBRATION MONITORING MARKET,

BY OFFERING, 2020–2023 (USD MILLION)            107

TABLE 46           POWER GENERATION: VIBRATION MONITORING MARKET,

BY OFFERING, 2024–2029 (USD MILLION)            107

TABLE 47           POWER GENERATION: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2020–2023 (USD MILLION)      107

TABLE 48           POWER GENERATION: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2024–2029 (USD MILLION)      108

TABLE 49           POWER GENERATION: VIBRATION MONITORING MARKET,

BY REGION, 2020–2023 (USD MILLION)  108

TABLE 50           POWER GENERATION: VIBRATION MONITORING MARKET,

BY REGION, 2024–2029 (USD MILLION)  108

TABLE 51           METALS & MINING: VIBRATION MONITORING MARKET,

BY OFFERING, 2020–2023 (USD MILLION)            109

TABLE 52           METALS & MINING: VIBRATION MONITORING MARKET,

BY OFFERING, 2024–2029 (USD MILLION)            110

TABLE 53           METALS & MINING: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2020–2023 (USD MILLION)      110

TABLE 54           METALS & MINING: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2024–2029 (USD MILLION)      110

TABLE 55           METALS & MINING: VIBRATION MONITORING MARKET,

BY REGION, 2020–2023 (USD MILLION)  110

TABLE 56           METALS & MINING: VIBRATION MONITORING MARKET,

BY REGION, 2024–2029 (USD MILLION)  111

TABLE 57           CHEMICALS: VIBRATION MONITORING MARKET,

BY OFFERING, 2020–2023 (USD MILLION)            112

TABLE 58           CHEMICALS: VIBRATION MONITORING MARKET,

BY OFFERING, 2024–2029 (USD MILLION)            112

TABLE 59           CHEMICALS: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2020–2023 (USD MILLION)      112

TABLE 60           CHEMICALS: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2024–2029 (USD MILLION)      112

TABLE 61           CHEMICALS: VIBRATION MONITORING MARKET,

BY REGION, 2020–2023 (USD MILLION)  113

TABLE 62           CHEMICALS: VIBRATION MONITORING MARKET,

BY REGION, 2024–2029 (USD MILLION)  113

TABLE 63           AUTOMOTIVE: VIBRATION MONITORING MARKET,

BY OFFERING, 2020–2023 (USD MILLION)            114

TABLE 64           AUTOMOTIVE: VIBRATION MONITORING MARKET,

BY OFFERING, 2024–2029 (USD MILLION)            114

TABLE 65           AUTOMOTIVE: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2020–2023 (USD MILLION)      114

TABLE 66           AUTOMOTIVE: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2024–2029 (USD MILLION)      114

TABLE 67           AUTOMOTIVE: VIBRATION MONITORING MARKET,

BY REGION, 2020–2023 (USD MILLION)  115

TABLE 68           AUTOMOTIVE: VIBRATION MONITORING MARKET,

BY REGION, 2024–2029 (USD MILLION)  115

TABLE 69           AEROSPACE: VIBRATION MONITORING MARKET,

BY OFFERING, 2020–2023 (USD MILLION)            116

TABLE 70           AEROSPACE: VIBRATION MONITORING MARKET,

BY OFFERING, 2024–2029 (USD MILLION)            116

TABLE 71           AEROSPACE: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2020–2023 (USD MILLION)      117

TABLE 72           AEROSPACE: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2024–2029 (USD MILLION)      117

TABLE 73           AEROSPACE: VIBRATION MONITORING MARKET,

BY REGION, 2020–2023 (USD MILLION)  117

TABLE 74           AEROSPACE: VIBRATION MONITORING MARKET,

BY REGION, 2024–2029 (USD MILLION)  117

TABLE 75           FOOD & BEVERAGES: VIBRATION MONITORING MARKET,

BY OFFERING, 2020–2023 (USD MILLION)            118

TABLE 76           FOOD & BEVERAGES: VIBRATION MONITORING MARKET,

BY OFFERING, 2024–2029 (USD MILLION)            119

TABLE 77           FOOD & BEVERAGES: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2020–2023 (USD MILLION)      119

TABLE 78           FOOD & BEVERAGES: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2024–2029 (USD MILLION)      119

TABLE 79           FOOD & BEVERAGES: VIBRATION MONITORING MARKET,

BY REGION, 2020–2023 (USD MILLION)  119

TABLE 80           FOOD & BEVERAGES: VIBRATION MONITORING MARKET,

BY REGION, 2024–2029 (USD MILLION)  120

TABLE 81           OTHER INDUSTRIES: VIBRATION MONITORING MARKET,

BY OFFERING, 2020–2023 (USD MILLION)            121

TABLE 82           OTHER INDUSTRIES: VIBRATION MONITORING MARKET,

BY OFFERING, 2024–2029 (USD MILLION)            121

TABLE 83           OTHER INDUSTRIES: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2020–2023 (USD MILLION)      121

TABLE 84           OTHER INDUSTRIES: VIBRATION MONITORING MARKET,

BY SYSTEM TYPE, 2024–2029 (USD MILLION)      121

TABLE 85           OTHER INDUSTRIES: VIBRATION MONITORING MARKET,

BY REGION, 2020–2023 (USD MILLION)  122

TABLE 86           OTHER INDUSTRIES: VIBRATION MONITORING MARKET,

BY REGION, 2024–2029 (USD MILLION)  122

TABLE 87           VIBRATION MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION) 125

TABLE 88           VIBRATION MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION) 126

TABLE 89           VIBRATION MONITORING MARKET, BY REGION, 2020–2023 (MILLION UNITS)          126

TABLE 90           VIBRATION MONITORING MARKET, BY REGION, 2024–2029 (MILLION UNITS)          126

TABLE 91           NORTH AMERICA: VIBRATION MONITORING MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)            129

TABLE 92           NORTH AMERICA: VIBRATION MONITORING MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)            129

TABLE 93           NORTH AMERICA: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2020–2023 (USD MILLION)           129

TABLE 94           NORTH AMERICA: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2024–2029 (USD MILLION)           130

TABLE 95           EUROPE: VIBRATION MONITORING MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)            134

TABLE 96           EUROPE: VIBRATION MONITORING MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)            134

TABLE 97           EUROPE: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2020–2023 (USD MILLION)           135

TABLE 98           EUROPE: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2024–2029 (USD MILLION)           135

TABLE 99           ASIA PACIFIC: RT VIBRATION MONITORING MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)            139

TABLE 100         ASIA PACIFIC: VIBRATION MONITORING MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)            140

TABLE 101         ASIA PACIFIC: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2020–2023 (USD MILLION)           140

TABLE 102         ASIA PACIFIC: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2024–2029 (USD MILLION)           141

TABLE 103         ROW: VIBRATION MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION)     144

TABLE 104         ROW: VIBRATION MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION)     145

TABLE 105         ROW: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2020–2023 (USD MILLION)           145

TABLE 106         ROW: VIBRATION MONITORING MARKET,

BY INDUSTRY, 2024–2029 (USD MILLION)           145

TABLE 107         MIDDLE EAST: VIBRATION MONITORING MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)            146

TABLE 108         MIDDLE EAST: VIBRATION MONITORING MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)            146

TABLE 109         VIBRATION MONITORING MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY KEY PLAYERS, 2020–2024       148

TABLE 110         VIBRATION MONITORING MARKET: DEGREE OF COMPETITION, 2023     151

TABLE 111         VIBRATION MONITORING MARKET: INDUSTRY FOOTPRINT              157

TABLE 112         VIBRATION MONITORING MARKET: OFFERING FOOTPRINT              158

TABLE 113         VIBRATION MONITORING MARKET: SYSTEM TYPE FOOTPRINT      159

TABLE 114         VIBRATION MONITORING MARKET: REGION FOOTPRINT              160

TABLE 115         VIBRATION MONITORING MARKET: DETAILED LIST OF KEY STARTUPS/SMES           163

TABLE 116         VIBRATION MONITORING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES        163

TABLE 117         VIBRATION MONITORING MARKET: PRODUCT LAUNCHES,

JANUARY 2020–JULY 2024           164

TABLE 118         VIBRATION MONITORING MARKET: DEALS, JANUARY 2020–JULY 2024          165

TABLE 119         BAKER HUGHES COMPANY: COMPANY OVERVIEW        166

TABLE 120         BAKER HUGHES COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED   168

TABLE 121         BAKER HUGHES COMPANY: DEALS       168

TABLE 122         EMERSON ELECTRIC CO.: COMPANY OVERVIEW            170

TABLE 123         EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          172

TABLE 124         EMERSON ELECTRIC CO.: PRODUCT LAUNCHES            172

TABLE 125         SKF: COMPANY OVERVIEW        174

TABLE 126         SKF: PRODUCTS/SOLUTIONS/SERVICES OFFERED         176

TABLE 127         SKF: PRODUCT LAUNCHES        177

TABLE 128         SKF: DEALS       177

TABLE 129         SCHAEFFLER AG: COMPANY OVERVIEW             179

TABLE 130         SCHAEFFLER AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED          180

TABLE 131         SCHAEFFLER AG: PRODUCT LAUNCHES             181

TABLE 132         PARKER HANNIFIN CORP: COMPANY OVERVIEW           182

TABLE 133         PARKER HANNIFIN CORP: PRODUCTS/SOLUTIONS/SERVICES OFFERED          183

TABLE 134         HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW              184

TABLE 135         HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   185

TABLE 136         ROCKWELL AUTOMATION: COMPANY OVERVIEW        186

TABLE 137         ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   188

TABLE 138         ROCKWELL AUTOMATION: DEALS        188

TABLE 139         ANALOG DEVICES, INC.: COMPANY OVERVIEW 189

TABLE 140         ANALOG DEVICES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          190

TABLE 141         ALS: COMPANY OVERVIEW        191

TABLE 142         ALS: PRODUCTS/SOLUTIONS/SERVICES OFFERED         192

TABLE 143         TELEDYNE FLIR LLC: COMPANY OVERVIEW      193

TABLE 144         TELEDYNE FLIR LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          193

TABLE 145         TEST AND MEASUREMENT EQUIPMENT MARKET,

BY REGION, 2020–2023 (USD MILLION)  206

TABLE 146         TEST AND MEASUREMENT EQUIPMENT MARKET,

BY REGION, 2024–2029 (USD MILLION)  207

TABLE 147         NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)            207

TABLE 148         NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)            208

TABLE 149         NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET,

BY PRODUCT TYPE & SERVICE TYPE, 2020–2023 (USD MILLION) 208

TABLE 150         NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET,

BY PRODUCT TYPE & SERVICE TYPE, 2024–2029 (USD MILLION) 208

TABLE 151         NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET,

BY PRODUCT TYPE, 2020–2023 (USD MILLION)  208

TABLE 152         NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET,

BY PRODUCT TYPE, 2024–2029 (USD MILLION)  209

LIST OF FIGURES

FIGURE 1           VIBRATION MONITORING MARKET SEGMENTATION AND REGIONAL SCOPE         25

FIGURE 2           VIBRATION MONITORING MARKET: RESEARCH DESIGN              29

FIGURE 3           VIBRATION MONITORING MARKET: RESEARCH APPROACH              30

FIGURE 4           VIBRATION MONITORING MARKET: TOP-DOWN APPROACH              35

FIGURE 5           VIBRATION MONITORING MARKET: BOTTOM-UP APPROACH              36

FIGURE 6           VIBRATION MONITORING MARKET SIZE ESTIMATION METHODOLOGY           36

FIGURE 7           VIBRATION MONITORING MARKET: DATA TRIANGULATION              37

FIGURE 8           VIBRATION MONITORING MARKET: RESEARCH ASSUMPTIONS 38

FIGURE 9           VIBRATION MONITORING MARKET SIZE IN TERMS OF VALUE, 2020–2029          40

FIGURE 10         SOFTWARE SEGMENT TO REGISTER HIGHEST CAGR IN VIBRATION MONITORING MARKET FROM 2024 TO 2029             41

FIGURE 11         ONLINE SEGMENT TO LEAD MARKET THROUGHOUT FORECAST PERIOD       41

FIGURE 12         OIL & GAS SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2024 42

FIGURE 13         NORTH AMERICA DOMINATED VIBRATION MONITORING MARKET IN 2023             43

FIGURE 14         GROWING USE OF VIBRATION MONITORING IN AUTOMOTIVE INDUSTRY

TO DRIVE MARKET       44

FIGURE 15         HARDWARE SEGMENT TO HOLD LARGEST SHARE OF VIBRATION MONITORING MARKET IN 2024       45

FIGURE 16         OIL & GAS SEGMENT TO DOMINATE MARKET IN 2024   45

FIGURE 17         OIL & GAS INDUSTRY AND US ACCOUNTED FOR LARGEST SHARES OF NORTH AMERICAN VIBRATION MONITORING MARKET IN 2023              46

FIGURE 18         INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL VIBRATION MONITORING MARKET DURING FORECAST PERIOD     46

FIGURE 19         VIBRATION MONITORING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES        47

FIGURE 20         IMPACT ANALYSIS: DRIVERS     51

FIGURE 21         IMPACT ANALYSIS: RESTRAINTS            52

FIGURE 22         IMPACT ANALYSIS: OPPORTUNITIES    53

FIGURE 23         IMPACT ANALYSIS: CHALLENGES          54

FIGURE 24         TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS              55

FIGURE 25         AVERAGE SELLING PRICE TREND OF VIBRATION MONITORING

HARDWARE, 2020–2023 56

FIGURE 26         AVERAGE SELLING PRICE TREND OF VIBRATION MONITORING HARDWARE OFFERED BY KEY PLAYERS  57

FIGURE 27         AVERAGE SELLING PRICE TREND OF VIBRATION MONITORING HARDWARE,

BY REGION, 2020−2023 58

FIGURE 28         VALUE CHAIN ANALYSIS            59

FIGURE 29         VIBRATION MONITORING MARKET: ECOSYSTEM ANALYSIS              61

FIGURE 30         INVESTMENT AND FUNDING SCENARIO, 2018–2023       63

FIGURE 31         INDUSTRIAL DEVELOPMENT MODEL   64

FIGURE 32         PATENTS APPLIED AND GRANTED, 2014–2023   66

FIGURE 33         IMPORT DATA FOR HS CODE 903190-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023 (USD MILLION)            68

FIGURE 34         EXPORT DATA FOR HS CODE 903190-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023 (USD MILLION)            69

FIGURE 35         PORTER’S FIVE FORCES ANALYSIS         75

FIGURE 36         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES        77

FIGURE 37         KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES 77

FIGURE 38         PUMPS ACCOUNTED FOR LARGEST SHARE OF VIBRATION MONITORING MARKET, BY APPLICATION, IN 2023         81

FIGURE 39         VIBRATION MONITORING MARKET, BY OFFERING        85

FIGURE 40         SOFTWARE SEGMENT TO EXHIBIT HIGHEST CAGR FROM 2024 TO 2029              85

FIGURE 41         LIMITATIONS OF ON-PREMISES DEPLOYMENT OF VIBRATION MONITORING SOLUTIONS AND SYSTEMS          93

FIGURE 42         ADVANTAGES OF CLOUD-BASED VIBRATION MONITORING SYSTEMS

AND SOLUTIONS           94

FIGURE 43         VIBRATION MONITORING MARKET, BY SYSTEM TYPE  97

FIGURE 44         ONLINE VIBRATION MONITORING SYSTEMS TO DOMINATE MARKET

FROM 2024 TO 2029       97

FIGURE 45         VIBRATION MONITORING MARKET, BY INDUSTRY        102

FIGURE 46         OIL & GAS INDUSTRY TO HOLD LARGEST MARKET SHARE IN 2024      103

FIGURE 47         VIBRATION MONITORING MARKET, BY REGION            124

FIGURE 48         INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL VIBRATION MONITORING MARKET DURING FORECAST PERIOD     125

FIGURE 49         NORTH AMERICA: VIBRATION MONITORING MARKET SNAPSHOT        128

FIGURE 50         US TO ACCOUNT FOR LARGEST SHARE OF NORTH AMERICAN VIBRATION MONITORING MARKET THROUGHOUT FORECAST PERIOD              128

FIGURE 51         EUROPE: VIBRATION MONITORING MARKET SNAPSHOT              133

FIGURE 52         GERMANY TO DOMINATE EUROPEAN VIBRATION MONITORING MARKET

FROM 2023 TO 2028       134

FIGURE 53         ASIA PACIFIC: VIBRATION MONITORING MARKET SNAPSHOT              138

FIGURE 54         INDIA TO WITNESS HIGHEST CAGR IN VIBRATION MONITORING MARKET

IN ASIA PACIFIC DURING FORECAST PERIOD    139

FIGURE 55         VIBRATION MONITORING MARKET IN ROW, BY REGION, 2024 VS. 2029 144

FIGURE 56         VIBRATION MONITORING MARKET: REVENUE ANALYSIS OF KEY PLAYERS,

2019–2023          150

FIGURE 57         SHARE ANALYSIS OF VIBRATION MONITORING MARKET, 2023              151

FIGURE 58         COMPANY VALUATION 153

FIGURE 59         FINANCIAL METRICS    153

FIGURE 60         BRAND/PRODUCT COMPARISON          154

FIGURE 61         VIBRATION MONITORING MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023     155

FIGURE 62         VIBRATION MONITORING MARKET: COMPANY FOOTPRINT              156

FIGURE 63         VIBRATION MONITORING MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023           162

FIGURE 64         BAKER HUGHES COMPANY: COMPANY SNAPSHOT        167

FIGURE 65         EMERSON ELECTRIC CO.: COMPANY SNAPSHOT            171

FIGURE 66         SKF: COMPANY SNAPSHOT       175

FIGURE 67         SCHAEFFLER AG: COMPANY SNAPSHOT            180

FIGURE 68         PARKER HANNIFIN CORP: COMPANY SNAPSHOT           182

FIGURE 69         HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT              185

FIGURE 70         ROCKWELL AUTOMATION: COMPANY SNAPSHOT        187

FIGURE 71         ANALOG DEVICES, INC.: COMPANY SNAPSHOT 190

FIGURE 72         ALS: COMPANY SNAPSHOT       192