Market overview of the vibration meter market
A vibration meter is a device that measures the vibrations and oscillations originating from machines and components. The ability of these devices to accurately monitor the machine condition is expected to result in this market’s steady growth during the forecast period. The stable growth of the primary end-user segments like manufacturing, chemical processing, and oil and gas is predicted to result in this market’s steady CAGR of nearly 7% by 2020.
In this market study, Technavio market research analysts estimate the Americas to dominate over all the other geographies during the forecast period. The introduction of stringent safety restrictions and equipment maintenance regulations in the North American region is expected to impel the market for vibration meters in the Americas.
Market segmentation of the vibration meters market by product
• Analog
• Digital
In this market study, analysts have estimated the digital vibration meters segment to account for nearly 85% of the overall market share during the forecast period. The falling popularity of analog meters is a significant factor that accounts for this segment’s high market share during the forecast period.
End-user segmentation of the vibration meter market
• Manufacturing
• Chemical processing
• Oil and gas
Technavio’s market research analyst estimates the manufacturing segment to be the largest market segment during the forecast period. The market share of this segment is expected to reach close to 30% by the end of 2020 due to the recent increase in the new applications for vibrations meters.
Competitive landscape and key vendors
This market is highly fragmented due to the presence of multiple large and small vendors. Though there are several vendors in the market with strong global presence, most the domestic players have a larger share of the market in their respective regions. However, it has been observed that unlike other markets, there is no single business entity that dominates this market during the forecast period.
The top five leading vendors of the market include -
• Davis Instruments
• Extech
• Fluke
• Kanomax
• SPM Instruments
The other prominent vendors of the market include Blamac, Castle Group, Cole-Parmer, Hansford, Lutron Electronic Enterprise, MCM instruments, PCE instruments, and Reed instruments.
Key questions answered in the report
• What are the key factors driving the global vibration meter market?
• What are the key market trends impacting the growth of the global vibration meter market?
• What are the various opportunities and threats faced by the global vibration meter market?
• Trending factors influencing the market shares for EMEA, APAC, and Americas?
• Key outcome of the five forces analysis on the global vibration meter market?
• Growth forecast of the global vibration meter market in power industry until 2020?
Technavio also offers customization on reports based on specific client requirement.
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• Global Smart Water Meter Market 2015-2019
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product
Market overview
Global analog vibration meter market
Global digital vibration meter market
PART 07: Market segmentation by end-user
Market overview
Global vibration meter market in manufacturing industry
Global vibration meter market in chemical processing industry
Global vibration meter market in oil and gas industry
Global vibration meter market in other industries
PART 08: Geographical segmentation
Market overview
Vibration meter market in Americas
Vibration meter market in APAC
Vibration meter market in EMEA
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive scenario
Investment opportunity
Other prominent vendors
PART 15: Key vendor analysis
Davis Instruments
Fluke
Extech
Kanomax
SPM Instrument
PART 16: Appendix
List of abbreviations
PART 17: Explore Technavio
List of Exhibits
Exhibit 01: Global vibration meter market overview
Exhibit 02: Product offerings
Exhibit 03: End-user segmentation of global vibration meter market
Exhibit 04: Global vibration meter market 2015–2020 ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Product-wise segmentation of global vibration meter market 2015
Exhibit 07: Product-wise segmentation of global vibration meter market 2020
Exhibit 08: Product-wise segmentation of global vibration meter market 2015-2020 ($ millions)
Exhibit 09: Global analog vibration meter market 2015-2020 ($ millions)
Exhibit 10: Global digital vibration meter market 201-2020 ($ millions)
Exhibit 11: End-user segmentation of global vibration meter market 2015
Exhibit 12: End-user segmentation of global vibration meter market 2020
Exhibit 13: End-user segmentation of global vibration meter market 201-2020 ($ millions)
Exhibit 14: Global vibration meter market in manufacturing industry 2015-2020 ($ millions)
Exhibit 15: Top five manufacturing countries 201-2020
Exhibit 16: Manufacturing sector sub-segments CAGR 201-2020
Exhibit 17: Global vibration meter market in chemical processing industry 201-2020 ($ millions)
Exhibit 18: Region-wise CAGR of chemical processing industry 2015-2020
Exhibit 19: Global vibration meter market in oil and gas industry 201-2020 ($ millions)
Exhibit 20: Global vibration meter market in other industries 201-2020 ($ millions)
Exhibit 21: Geographical segmentation of vibration meter market 2015
Exhibit 22: Geographical segmentation of vibration meter market 2020
Exhibit 23: Geographical segmentation of vibration meter market 2015-2020 ($ millions)
Exhibit 24: Vibration meter market in Americas 201-2020 ($ millions)
Exhibit 25: Vibration meter market in APAC 201-2020 ($ millions)
Exhibit 26: Vibration meter market in EMEA 2015-2020 ($ millions)
Exhibit 27: CAGR of primary end-user industries
Exhibit 28: Impact of drivers
Exhibit 29: Impact of drivers and challenges
Exhibit 30: Growth of e-commerce industry 2008-2014
Exhibit 31: Investment opportunity mapping
Exhibit 32: Fluke: Product segmentation
Exhibit 33: Kanomax: Product categories
Exhibit 34: SPM Instruments: Product segmentation
