Report Description

North America Vibration Monitoring Market By Offering (Hardware and Software), By Monitoring Process (Portable and Online), By System Type, By Industry, By Country, Competition, Forecast & Opportunities, 2014-2024

  • Publish Date:January, 2019
  • Format : PDF
  • Pages : 92
  • Industry : ICT

North America vibration monitoring market stood at around $ 696 million in 2018 and is forecast to surpass $ 1 billion by 2024, owing to growing focus of companies towards reducing maintenance & labor costs, improving machinery uptime, streamlining manufacturing process and boosting productivity. Moreover, rising demand for comprehensive vibration monitoring solutions integrating machine learning, cloud computing and big data analytics capabilities would positively influence the region’s vibration monitoring market. Some of the other key factors that are expected to drive the market are growing oil & gas production, increasing application of Internet of Things (IoT) to develop smart factories and rising adoption of wireless & online vibration monitoring.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study: 

  • To define, classify and forecast North America vibration monitoring market on the basis of offering, monitoring process, system type, industry and country.
  • To analyze and forecast North America vibration monitoring market size.
  • To analyze and forecast North America vibration monitoring market with respect to offering: hardware and software.
  • To analyze and forecast North America vibration monitoring market with respect to monitoring process: portable and online.
  • To analyze and forecast North America vibration monitoring market with respect to system type: vibration analyzer, embedded systems and vibration meters.
  • To analyze and forecast North America vibration monitoring market with respect to industry (oil & gas, energy & power, chemicals, marine, automotive and others).
  • To assess the detailed market segmentation and forecast the market size by segmenting North America vibration monitoring market into countries, namely – United States, Canada and Mexico.
  • To identify the tailwinds and headwinds for North America vibration monitoring market.
  • To identify the drivers and challenges for North America vibration monitoring market.
  • To strategically profile leading players driving innovation and technological advancements in North America vibration monitoring market.  


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Some of the major players operating in North America vibration monitoring market are Baker Hughes, a GE Company, LLC, Emerson Electric Co., SKF USA Inc., Honeywell International Inc., National Instruments Corporation, Schaeffler Group USA Inc., Rockwell Automation, Inc., Meggitt (North Hollywood), Inc., Analog Devices, Inc. and Bruel & Kjaer North America Inc.

TechSci Research performed exhaustive secondary research as well as primary research for this study. Initially, TechSci Research sourced a list of vibration monitoring companies across the region. 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 was able to include the providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels, and presence of all major vibration monitoring companies in North America.

TechSci Research calculated North America vibration monitoring market size using a bottom-up approach, where data for different components of standard application (industry, such as oil & gas, energy & power, chemicals, marine, automotive, etc.) was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, annual reports, press releases, Machinery Information Management Open System Alliance (MIMOSA), International Organization for Standardization (ISO), Swedish Standards Institute, American Petroleum Institute (API), U.S. Energy Information Administration (EIA), Statistical Review of World Energy, Investor Relations, Whitepapers, etc., were also studied by TechSci Research.


Key Target Audience:

  • Vibration Monitoring solution providers and other stakeholders
  • Associations, organizations, forums and alliances related to vibration monitoring
  • Government bodies such as regulating authorities and policymakers
  • Research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as vibration monitoring equipment OEMs, software & service providers, distributors and partners. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.  

Report Scope:

In this report, North America vibration monitoring market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

  • Market, by Offering:
    • Hardware
    • Software
  • Market, by Monitoring Process:
    • Portable
    • Online
  • Market, by System Type:
    • Vibration Analyzer
    • Embedded Systems
    • Vibration Meters
  • Market, by Industry:
    • Oil & Gas
    • Energy & Power
    • Chemicals
    • Marine
    • Automotive
    • Others
  • Market, by Country:
    • United States
    • Canada
    • Mexico

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in North America vibration monitoring market.

Available Customizations:

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

Additional Customization:

·         Profiling of additional market players (up to five)

In case you can’t find what you are looking for, then please get in touch with our custom research team at sales@techsciresearch.com

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