Report Description

Saudi Arabia Vibration Monitoring Market is projected to grow at strong CAGR over the next five years owing increasing demand towards maintenance technology, to inclination towards automation and shifting of manufacturing sector from preventive maintenance to predictive maintenance. Moreover, development of new technologies, automated fault diagnostics and online monitoring programs are also the factors which are making Saudi Arabia Vibration Monitoring market to grow during 2022-2027. Based on Offering, the market is segmented into Hardware, Software and Services, in 2021, the hardware segment held largest share of vibration monitoring market in Saudi Arabia due to growing demand for hardware components like sensors, transmitters and accelerometers etc.

Some of the leading players in the Saudi Arabia Vibration Monitoring market are Analog Devices, Inc., Bruel & Kjaer Sound & Vibration Measurement A/S, Meggitt PLC, Schaeffler AG, Honeywell International Inc., National Instruments Corporation, 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 Saudi Arabia Vibration Monitoring based on offering, monitoring process, system type, industry and regional distribution.
  • To identify drivers and challenges for Saudi Arabia Vibration Monitoring.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia Vibration Monitoring.
  • To conduct the pricing analysis for Vibration Monitoring.
  • To identify and analyse the profile of leading players involved in the manufacturing of Saudi Arabia Vibration Monitoring.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across Saudi Arabia. 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 Saudi Arabia.

TechSci Research calculated the market size of Saudi Arabia 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

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report coverage

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

Segments covered

·         Offering

·         Monitoring Process

·         System Type

·         Industry

Regional scope

Central Region, Western Region, Eastern Region, Northern Region, Southern Region

Key companies profiled

Analog Devices, Inc., Bruel & Kjaer Sound & Vibration Measurement A/S, Meggitt PLC, Schaeffler AG, Honeywell International Inc., National Instruments Corporation, 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, Saudi Arabia Vibration Monitoring market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Vibration Monitoring Market, By Offering:
    • Hardware
    • Software
    • Services
  • Saudi Arabia Vibration Monitoring Market, By Monitoring Process:
    • Online
    • Portable
  • Saudi Arabia Vibration Monitoring Market, By System Type:
    • Embedded Systems
    • Vibration Meters
    • Vibration Analysers
  • Saudi Arabia Vibration Monitoring Market, By Industry:
    • Energy & Power
    • Chemical
    • Automotive
    • Food & Beverages
    • Oil & Gas
    • Marine
    • Pulp & Paper
    • Aerospace & Defence
    • Others
  • Saudi Arabia Vibration Monitoring Market, by Region:
    • Western Region
    • Central Region
    • Southern Region
    • Eastern Region
    • Northern Region

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 Saudi Arabia Vibration Monitoring Market

6.    Saudi Arabia 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.    Saudi Arabia 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.    Saudi Arabia 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.    Saudi Arabia 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.  Saudi Arabia Economic Profile

15.  Competitive Landscape

15.1.              Company Profile

15.1.1.  Analog Devices, Inc.

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

15.1.3.  Meggitt PLC

15.1.4.  Schaeffler AG

15.1.5.  Honeywell International Inc.

15.1.6.  National Instruments Corporation

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

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Saudi Arabia vibration monitoring market are anticipated to grow with an impressive CAGR during the forecast period, 2023-2027, due to increasing demand towards maintenance technology.

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Analog Devices, Inc., Bruel & Kjaer Sound & Vibration Measurement A/S, Meggitt PLC, among others are leading the Saudi Arabia vibration monitoring market in the forecast period, 2023-2027.

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The Saudi Arabia vibration monitoring market were analyzed for the five historical years from 2017 to 2020. Keeping the base year 2021 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

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New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

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Sakshi Bajaal

Principal Consultant
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