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Global Vibration Monitoring Market: Leading Segments and their Growth Drivers 2026

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Global Vibration Monitoring Market: Leading Segments and their Growth Drivers 2026

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  1. Global Vibration Monitoring Market: Things to Focus on to Ensure Long-term Success 2020-2026

  2. Industry Overview • Accordingly, to Global Market Insights research report vibration monitoring market Large-scale development of smart factories across the globe is poised to drive outlook. Incorporation of smart technologies, such as AI, loT, smart sensors, to improve the performance of vibration monitoring systems is encouraging product adoption in various sectors including energy & power, oil & gas, metals & mining, chemical, food & beverages and automotive • Integration of these monitoring systems across manufacturing units/factories facilitate smooth exchange of information from plant operators, to critical machinery to process visualization in real-time scenario. Growing focus on predictive maintenance in a bid to enhance machine functionality and safety is poised to fuel the adoption of vibration monitoring systems in the coming years. • Vibration meters are experiencing high demand as they do not require any mobile device or computer to analyze the vibration data. Also, these systems generate results in the form of digital/analog output, that can be easily understood without having technical knowledge. Estimates suggests that global vibration monitoring market size will exceed USD 2 billion in terms of annual valuation by 2026.

  3. Continue… • Industry players are developing advanced vibration meters for a wide range of industries owing to high product demand. For instance, In July 2019, Monnit Corporation announced the launch of ALTA in 2019. The product is an advanced vibration meter with wireless features for civil infrastructure and several industrial applications. Vibration meter segment is estimated to grow at 3% over the analysis period due to low product cost and instant result generation. • In the manufacturing sector, vibration monitoring system is used for rotating components such as motors, bearing and gear. The systems with smart sensor technology are widely adopted in the food & beverage industry as they enable identification of minute variations in the manufacturing process. Vibration monitoring industry share from food & beverage sector applications is set to exhibit CAGR of more than 5% through 2026. • Hardware components, like sensors and accelerometer are also used in the sector, as they can operate in wide temperature range, offering high accuracy regarding the malfunctioning of machinery. In 2019, Europe accounted for over 15% of the vibration monitoring market share. The growth can be majorly attributed to the established automotive sector across the region along with the presence of major auto manufacturers in like as BMW, Audi, Bentley, Volkswagen, among others.

  4. Browse Full Market Research Report @ https://bit.ly/2X1Svxj Request for a Sample of this Research report @ https://bit.ly/3ehUpQ2

  5. Growth Drivers • Rising integration of secure cloud computing platform • Growing adoption of wireless technology • Proliferation of Industrial 4.0 and smart factories • Industrial Internet of Things (IIoT) to stretch new growth opportunities • Increasing disposition towards predictive maintenance

  6. Continue… • Key players vibration monitoring component and system providers include General Electric, Emerson Electric, Honeywell International Inc., AB SKF, Rockwell Automation, Analog Devices, Inc. and Meggitt. These players are focused upon enhancing their product portfolios in order to gain a competitive edge over other manufacturers.

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