What Has Been The Evolution of the Vibration Control Systems Market in Recent Years?
The vibration control systems market has seen considerable growth due to a variety of factors.
• The market of vibration control systems has seen substantial growth in the previous years. The projected growth indicates an increase from $5.41 billion in 2024 to $5.8 billion in 2025, following a compound annual growth rate (CAGR) of 7.3%.
The expansion during the historic era could be attributed to factors like industrial advancement, rising demands in the aerospace and automotive industries, infrastructural progress, stricter regulatory standards, and urbanization.
What Are the Future Growth Projections for the Vibration Control Systems Market?
The vibration control systems market is expected to maintain its strong growth trajectory in upcoming years.
• The market for vibration control systems is predicted to witness robust expansion in the coming years, reaching a value of $7.59 billion in 2029 with a CAGR of 6.9%.
Factors contributing to this progression during the forecast period include the expansion of infrastructure projects, enhanced focus on sustainability, a burgeoning automotive industry, an escalating aerospace sector, as well as environmental and safety regulations. Key trends expected to shape the market in the forecast period encompass the adoption of automated systems, technological breakthroughs, the incorporation of intelligent technologies, advancements in sensor technology, and IoT integration.
What Are The Core Factors Supporting Growth In The Vibration Control Systems Market?
Anticipated growth in the automotive sector is set to fuel the expansion of the vibration control systems market. The automotive industry, which centers around the creation, production, and sale of motor vehicles like cars, trucks, and motorcycles, along with their parts and requisite infrastructure, is set for expansion. This expansion is primarily due to a global surge in vehicle demand, technological breakthroughs like electric and autonomous vehicles, and the increasing necessity for effective transport solutions. Vibration control systems are utilized in motor vehicles to augment comfort, heighten performance, and prolong vehicle component lifespan by efficiently controlling and minimizing vibrations. For instance, in March 2024, a report by the European Automobile Manufacturers Association, a Belgium-based automobile industry lobbying and standards organization, revealed that the European Union's car industry recorded considerable growth of 13.9% in 2023 compared to 2022, with a total tally of 10.5 million units. Therefore, the automotive industry's growth will stimulate the expansion of the vibration control systems market.
What Are The Major Segments Within The Global Vibration Control Systems Market?
The vibration control systems market covered in this report is segmented –
1) By System Type: Motion Control, Vibration Control
2) By Component: Hardware, Software
3) By Application: Automotive, Manufacturing, Aerospace And Defense, Electrical And Electronics, Oil And Gas, Healthcare, Other Applications
Subsegments:
1) By Motion Control: Active Motion Control Systems, Passive Motion Control Systems, Closed-Loop Motion Control Systems, Open-Loop Motion Control Systems
2) By Vibration Control: Active Vibration Control Systems, Passive Vibration Control Systems, Hybrid Vibration Control Systems, Semi-Active Vibration Control Systems
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How Are Emerging Trends Reshaping The Dynamics Of The Vibration Control Systems Market?
Leading firms in the vibration control systems market are endeavoring to advance their technology with innovations like wireless sensors. This push for development is geared towards real-time monitoring, enhancement of system efficiency, and facilitation of remote control and diagnosis. In turn, this would elevate the performance and reliability of vibration management. Wireless sensors are innovative devices can detect and record various physical properties such as temperature, pressure, and movement data, including vibration. Subsequently, this information is transferred wirelessly to a main network or system, eliminating the necessity for physical wires. To achieve this, they take advantage of Bluetooth, Wi-Fi or Zigbee communication technologies. As part of vibration control systems, these sensors are tasked with the real-time tracking and recording of vibrations. For instance, in November 2023, a software company based in Spain known as Worldsensing unveiled a novel wireless sensor known as the Vibration Meter. This was targeted at optimizing vibration monitoring in the civil engineering field. Designed for continuous, long-term monitoring, it is uniquely built with a tri-axial MEMS accelerometer to improve its functioning. Remarkably, it also boasts a considerable battery life due to its robotic design.
Who Are the Key Players In The Vibration Control Systems Market?
Major companies operating in the vibration control systems market are:
• Continental AG
• Hutchinson S.A.
• Parker Hannifin Corporation
• AMETEK Inc.
• Trelleborg Aktiebolag
• Cooper Standard Holdings Inc.
• Sumitomo Mitsui Construction Co. Ltd.
• Stabilus S.A.
• Lord Corporation
• Elesa S.p.A.
• Müpro Services GmbH
• Dynatronic Corporation Ltd.
• Mason Industries Inc.
• Kinetics Noise Control Inc.
• ACE Controls Inc.
• Kurashiki Kako Co. Ltd.
• GERB Vibration Control Systems Inc.
• Sentek Dynamics Incorporated
• Resistoflex Inc.
• Crystal Instruments Corporation
• LISEGA SE
• Isolation Technology Inc.
• Fabreeka International Inc.
• VICODA GmbH
What Is The Most Dominant Region In The Vibration Control Systems Market?
Asia-Pacific was the largest region in the vibration control systems market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the vibration control systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
