Question 1

Why is embedded vibration monitoring system dominating the market landscape?

Accepted Answer

Embedded systems hold majority of the market share and will grow at over 6% CAGR till 2026 as these systems provide continuous & effective monitoring and are installed directly on the machine.

Question 2

How much size did the global vibration monitoring market register in 2019?

Accepted Answer

The market size of vibration monitoring exceeded USD 1 billion in 2019.

Question 3

How much will the vibration monitoring industry share grow during the forecast timeline?

Accepted Answer

The industry share of vibration monitoring is poised to grow at a CAGR of over 5% between 2020 and 2026.

Question 4

How much will the online monitoring systems gain in the market during the forecast period?

Accepted Answer

The online monitoring system accounted for 50% market share in 2019 and is expected to expand at over 7% through 2026.

Question 5

What are the growth forecasts for Asia Pacific vibration monitoring market?

Accepted Answer

The Asia Pacific market will register a growth rate of over 6% from 2020 to 2026 impelled by rising coal production in China.

Question 6

Which are the major players operating in the vibration monitoring industry?

Accepted Answer

Prominent industry players include Emerson Electric, General Electric, Honeywell International Inc, National Instruments, AB SKF, Rockwell Automation, Inc, Meggitt, and Analog Devices, Inc.

Vibration Monitoring Market Share

Vibration Monitoring Market Share

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