Vibration Control Systems Market

Vibration Control Systems Market is Appraised to be Valued 32.1 Mn Pcs in Terms of
Volume by 2027 End
Vibrations in any stationary or moving body can cause frictional disturbances leading to
wear and tear, energy loss, cracks and even breakages. Thus, vibration control systems
are paramount and Future Market Insights has prepared a comprehensive report on the
global vibration controls systems market titled ‘Vibration Control Systems Market: Global
Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)’. Our expert
analysis indicates that the vibration control systems market is on track to grow at a CAGR
of 3.9% from 2017 to 2027 and be worth over US$ 1,950 Mn in 2017, making it an
extremely lucrative market for key stakeholders.
The mining and quarrying segment is projected to account for 12.4% market share in the
global vibration control systems market in 2017 and it is anticipated to remain the largest
end use segment at the end of the forecast period in 2027. The Transportation segment is
a close second and is expected to rise to almost US$ 331 Mn by end 2027.
The OEM sales type channel is expected to hold a market share of about 60% by the end
of 2027 and is unlikely to cede this position anytime soon to the aftermarket channel in the
vibration control systems market. With a CAGR of 4.2% from 2017-2027, the OEM
channel is on track to grow to more than US$ 1,700 Mn by the end of the forecast period.
The aftermarket sales channel is considerably smaller but should still cross US$ 1,100 Mn
by end 2027.
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Automation control represents more than 2/5th market share in the global vibration control
systems market even though it is projected to lose 110 BPS over the course of the
decade-long study. The automation control segment is estimated to cross US$ 1,100 Mn
by end 2027 and prominent players are advised to focus their attention on this dynamic
segment in the vibration control systems market.
North America is expected to contribute around 28% revenue share to the global vibration
control systems market in 2017 and is followed in second place by APEJ at about 22%
value share. The North America vibration control systems market will reach a market
valuation in excess of US$ 800 Mn by the end of 2027 followed by APEJ at about US$ 666
Mn.
North America is renowned globally for its expertise in avionics engineering, space
exploration, and automobile production. This is largely due to strong R&D and massive
funding from both public and private enterprises. Organisations such as NASA have been
working to develop vibration control systems designed for spacecraft that minimise
vibrations and increase safety. The North America automotive sector is equally dynamic as
companies seek to produce efficient, comfortable, and safe products. Companies such as
Daimler, Ford, and GM are already working on design innovations to reduce weight and
maximise anti-vibration system efficiency. This region typically adopts newer technologies
much faster than other continents because of a strong focus on R&D.
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The report profiles some of the top companies operating in the global vibration control
systems market including HUTCHINSON, DynaTronic Corporation Ltd., Cooper Standard,
GERB, Technical Manufacturing Corporation, LORD Corporation, Trelleborg AB, Farrat
Ltd, Bridgestone Corporation, FUKOKU CO., LTD., VICODA GmbH, MÜPRO Services
GmbH, Kinetics Noise Control, Inc., Dynamic Solutions Systems, Inc., Isolation
Technology Inc., ACTOM PTY LTD, Fabreeka, VSL International Ltd., Resistoflex (P) Ltd.,
and Guangzhou YiTaoQianChao Vibration Control Technology Co Ltd.

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