World Vibration Meter Market (2019-2023) is Set to Grow at a CAGR of Approx 5% - Amphenol, FLIR Systems, Fortive, Kanomax Japan, SKF, and SPM Instrument are the Dominant Players - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 6, 2019--The “Global Vibration Meter Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The vibration meter market will register a CAGR of close to 5% by 2023.
Vendors offering condition monitoring features in vibration meters to drive market growth
Most of the vibration meters are used for instantaneous reading of vibration levels in a machine. Therefore, experienced maintenance personnel or third-party service providers, based on their experience, can draw insights from indicated vibration patters and sound. Some of the vibration meters are also available with data loggers to record vibration patterns.
Increasing use of vibration meters for maintenance of buildings and civil structures
Vibration analysis of some of the buildings and civil structures is essential. Buildings that are close to construction sites, railway tracks, and mines require vibration analysis at regular intervals. This would help owners in identifying vibration levels in different parts of a building. This also helps in the identification of parts of the building that are at high risk of vibration.
Declining demand for reciprocating machineries
Reciprocating machines are used in industrial engines and compressors. Reciprocating machines require more frequent monitoring of vibration patterns than centrifugal machines due to excessive wear and tear in the former. This is increasing the use of centrifugal turbines and compressors. The demand for reciprocating machines is declining.
The market appears to be fragmented and with the presence of several companies including SKF and SPM Instrument, the competitive environment is quite intense.
Key PlayersAmphenol FLIR Systems Fortive Kanomax Japan SKF SPM Instrument
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 04: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSISBargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition
PART 06: MARKET SEGMENTATION BY PRODUCTComparison by product Digital - Market size and forecast 2018-2023 Analog - Market size and forecast 2018-2023 Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USERComparison by end-user Process industries - Market size and forecast 2018-2023 Third-party service providers - Market size and forecast 2018-2023 Discrete industries - Market size and forecast 2018-2023 Market opportunity by end-user
PART 09: GEOGRAPHIC LANDSCAPEGeographic comparison North America - Market size and forecast 2018-2023 APAC - Market size and forecast 2018-2023 Europe - Market size and forecast 2018-2023 MEA - Market size and forecast 2018-2023 South America - Market size and forecast 2018-2023 Key leading countries Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDSExpected decline in cost of vibration meters Vendors offering condition monitoring features in vibration meters Increasing popularity of micro-electromechanical sensor (MEMS) in vibration meters
PART 13: VENDOR LANDSCAPEOverview Landscape disruption Competitive scenario
PART 14: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Amphenol FLIR Systems Fortive Kanomax Japan SKF SPM Instrument
For more information about this report visit https://www.researchandmarkets.com/research/tt39jm/world_vibration?w=4
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Related Topics:Vibration Sensors
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SOURCE: Research and Markets
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PUB: 02/06/2019 10:10 AM/DISC: 02/06/2019 10:10 AM