Report Description

India vibration monitoring market is projected to grow at strong CAGR over the next five years. The market growth can be attributed to growing inclination towards automation, rising demand towards maintenance technology, and shifting of manufacturing sector from preventive maintenance to predictive maintenance. Vibration monitoring is used primarily on rotating equipment to determine the operating and mechanical condition of these equipment. Maintenance processes have become more streamlined, and vibration monitoring decreases unnecessary human-mediated activities. Industries such as oil & gas, power, chemical & petrochemical, among others employ heavy and capital-intensive machinery and rely on operational efficiencies for profit making. Thus, these industries utilize vibration monitoring systems to avoid any catastrophe and ensure the safety of workers while enhancing productivity. Besides, high investments by market players in India vibration monitoring market to further advance technology with R&D measures, develop new products, and increase the application of vibration monitoring systems among various end-user industries are some of the factors propelling the growth of India vibration monitoring market. Growing acceptance of the wireless systems in machine condition monitoring technology and arrival of secure cloud computing platforms are expected to be the main drivers of India vibration monitoring market.

India vibration monitoring market is segmented into offering, monitoring process, system type, industry, company, and geography. Based on offering, the market is segmented into hardware, software, and services, in 2022, the hardware segment held largest share of vibration monitoring market in India due to growing demand for hardware components like sensors, transmitters and accelerometers etc. Moreover, development of new technologies, automated fault diagnostics and online monitoring programs are also the factors which are making India vibration monitoring market to grow during the forecast period.

Some of the leading players in the India vibration monitoring market are National Instruments Corporation, Analog Devices, Inc., Bruel & Kjaer Sound & Vibration Measurement A/S, Meggitt PLC, Schaeffler AG, Honeywell International Inc., SKF AB, Rockwell Automation, Inc., Emerson Electric Co., General Electric, etc.

Objective of the Study:

  • To analyse and forecast the market size of vibration monitoring, in terms of value.
  • To classify and forecast India vibration monitoring market based on offering, monitoring process, system type, industry, and regional distribution.
  • To identify drivers and challenges for India vibration monitoring market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India vibration monitoring market.
  • To conduct the pricing analysis for vibration monitoring market.
  • To identify and analyse the profile of leading players involved in the manufacturing of India vibration monitoring market.


Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across India.

TechSci Research calculated the market size of India Vibration Monitoring using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Vibration monitoring manufacturers
  • Distributors and traders
  • Original equipment manufacturers (OEMs)
  • Raw material suppliers
  • Research organizations and consulting companies
  • Research Institutes
  • Industry associations
  • Market research and consulting firm

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018- 2022 and 2023E-2028F

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Offering

·         Monitoring Process

·         System Type

·         Industry  

Regional scope

North, South, East, West

Key companies profiled

National Instruments Corporation, Analog Devices, Inc., Bruel & Kjaer Sound & Vibration Measurement A/S, Meggitt PLC, Schaeffler AG, Honeywell International Inc., SKF AB, Rockwell Automation, Inc., Emerson Electric Co., General Electric.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, India Vibration Monitoring market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • India Vibration Monitoring Market, By Offering:
    • Hardware
    • Software
    • Services
  • India Vibration Monitoring Market, By Monitoring Process:
    • Online
    • Portable
  • India Vibration Monitoring Market, By System Type:
    • Embedded Systems
    • Vibration Meters
    • Vibration Analysers
  • India Vibration Monitoring Market, By Industry:
    • Energy & Power
    • Chemical
    • Automotive
    • Food & Beverages
    • Oil & Gas
    • Marine
    • Pulp & Paper
    • Aerospace & Defence
    • Others
  • India Vibration Monitoring Market, by Region:
    • North
    • South
    • East
    • West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vibration Monitoring.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

4.1.  Challenges & Unmet Needs

4.2.  Product Pricing

4.3.  Overall Satisfaction

5.    Impact of COVID-19 on India Vibration Monitoring Market

6.    India Vibration Monitoring Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Offering (Hardware, Software and Services)

6.2.2.     By Monitoring Process (Online and Portable)

6.2.3.     By System Type (Embedded Systems, Vibration Meters and Vibration Analyzers)

6.2.4.     By Industry (Energy & Power, Chemical, Automotive, Food & Beverages, Oil & Gas, Marine, Pulp & Paper, Aerospace & Defense and Others)

6.2.5.     By Region

6.2.6.     By Company

6.3.  Market Attractiveness Index

7.    India Hardware Vibration Monitoring Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By System Type

7.2.2.     By Industry

7.2.3.     By Country

7.3.  Market Attractiveness Index

8.    India Software Vibration Monitoring Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By System Type

8.2.2.     By Industry

8.2.3.     By Country

8.3.  Market Attractiveness Index

9.    India Services Vibration Monitoring Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By System Type

9.2.2.     By Industry

9.2.3.     By Country

9.3.  Market Attractiveness Index

10.  Market Dynamics

10.1. Drivers

10.2. Challenges

11.  Market Trends & Developments

12.  Price Point Analysis

13.  Policy & Regulatory

14.  India Economic Profile

15.  Competitive Landscape

15.1. Company Profile

15.1.1.  National Instruments Corporation

15.1.2.  Analog Devices, Inc.

15.1.3.  Bruel & Kjaer Sound & Vibration Measurement A/S

15.1.4.  Meggitt PLC

15.1.5.  Schaeffler AG

15.1.6.  Honeywell International Inc.

15.1.7.  SKF AB

15.1.8.  Rockwell Automation, Inc.

15.1.9.  Emerson Electric Co.

15.1.10.                General Electric

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

down-arrow

Increasing trend for automation, growing technological advancements, and increasing demand from emerging applications, drives the India vibration monitoring market through 2028.

down-arrow

India vibration monitoring market is segmented into offering, monitoring process, system type, industry, company, and geography.

down-arrow

Based on offering, the hardware segment is expected to hold the largest share in India vibration monitoring market during the forecast period.

down-arrow

Some of the leading players in the India vibration monitoring market are National Instruments Corporation, Analog Devices, Inc., Bruel & Kjaer Sound & Vibration Measurement A/S, Meggitt PLC, Schaeffler AG, Honeywell International Inc., SKF AB, Rockwell Automation, Inc., Emerson Electric Co., General Electric, etc.

profile

Sakshi Bajaal

Business Consultant
Press Release

Oncology Drugs Market to Grow with a CAGR of 13.21% through 2029

May, 2024

Extensive research and development into new cancer drugs and treatments is expected to drive the Global Oncology Drugs Market growth in the forecast period, 2025-2029.