Market Size (2017)
2017
$1.93B
Semiconductor
Vibration Monitoring Market
By Segment, By Region, And Segment Forecasts, 2017 – 2023
Vertical: SEMIBase Year: 20179 Sections
Executive Summary
Vibration Monitoring Market — Snapshot
Projected (2023)
2023
$3.18B
CAGR (2017–2023)
8.7%
8.7%Key Players
115+
With the advent of industrial automation, the demand for efficient manufacturing has enabled manufacturers to update their assets completely for a hassle-free working operation. One of the methods to analyze the condition of machinery is vibration monitoring or analysis. Vibration monitoring assists manufacturers in detecting any faults in the operation of machinery by identifying and monitoring the vibrations. The major advantage of vibration analysis is the detection and monitoring of abnormalities and issues that need to be repaired simultaneously with machine operation and continuous check on its various parts.
The study on the global vibration monitoring market provides detailed information about industry trends, market dynamics, market size, competitive landscape, and growth opportunities. In this research report, the global vibration monitoring market has been categorized by component, system type, deployment, end-user, and region/country. Based on component, the market has been segmented into hardware, software, and services. The hardware segment has been further segmented into transmitters, accelerometers, proximity sensors, velocity sensors, and others. Services are further segmented into professional service and managed service. By system type, the market has been segmented into vibration analyzer, embedded systems, and vibration meters. Based on deployment, the market is segmented into on-premise and cloud. By end-user, the market has been segmented into automotive, metal and mining, food & beverage, chemicals, oil & gas, and others. The oil & gas sector accounted for the largest market share owing to the high use of high-level rotating machinery requiring continuous need for anomaly detection and monitoring. Furthermore, technological advancements and digitalization in this sector have significantly increased the probability of machine failure or abnormal functioning of machines. The regions included in the study are North America, Europe, Asia-Pacific, and the rest of the world.
By region, North America is expected to dominate the vibration monitoring market during the review period and grow at a significant CAGR from 2018 to 2023. The region is an early adopter of industrial automation and digital technologies including AI, IoT, and machine learning for vibration and condition monitoring and is continuously investing in developing solutions that curb the rising revenue losses due to machine failure. Moreover, the strong presence of global market players, system integrators, distributors, and resellers in the region further contribute to the market share in North America.
The vibration monitoring market is highly competitive with the presence of many vendors that offer high-quality vibration monitoring solutions to their customers. The major vendors profiled in the study are Emerson Electric Co., General Electric, National Instruments Corporation, SKF AB, and Brüel & Kjær, Analog Devices Inc., Rockwell Automation, Inc., Fortive Corporation, Meggitt PLC, I-care Reliability Inc., Shinkawa Electric Co., Ltd, Metrix Instrument Co., LP, CEC Vibration Products, CEMB SpA, Wilcoxon Sensing Technology, Prüftechnik Dieter Busch AG, AssetSense, Semaq, Yokogawa Electric Corporation, MachineSaver, Inc., Petasense Inc., Augury, 3DSignals Ltd, and Senseye Ltd. The market players follow several organic and inorganic growth strategies, under which they focus on partnerships, agreements, collaborations, mergers, acquisitions, business expansion, product launches, and product enhancements to strengthen their position and excel in the global vibration monitoring market.
Key Insight
The Vibration Monitoring Market market is projected to grow at a CAGR of 8.7% from 2017 to 2023.
Market Performance Trend
Historical performance and future projections (2020–2030, USD Billion)
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansMarket Scope & Coverage
What this report covers
- Geographic Coverage: This analysis covers 4 regions: Asia Pacific, Europe, Rest of the World, North America.
- Market Segmentation: The market is analyzed across 3 segments: Hardware, Services, Software. Forecasts are provided for each segment from 2017 to 2023.
- Competitive Landscape: 115 leading companies are profiled, covering market positioning, strategies, and recent developments.
Market Size (USD Mn)
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansMarket Overview
Vibration Monitoring Market — Growth Trajectory
Vibration monitoring involves the process of examining the condition of machinery to detect damages to ensure the health and efficiency of machines. This process is primarily applied to machines possessing rotating function, such as motors, fans, turbines, pumps, and compressors. The data collected using vibration monitoring systems determine the actual condition of a machine and analyzes whether the bearings and other rotating elements are correctly installed. This enables factories and plants increase their production capacity, maximizes the efficiency of machines, optimizes machine performance, prevents unscheduled downtime, and reduces downtime period, therefore minimizes operating costs of their machinery. Vibration monitoring at early stages can also help in identifying vibrations that might cause malfunction or failure in manufacturing processes.
Vibration Monitoring Market — Growth Trajectory
Hardware
Services
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansMarket Size Trend (USD Mn)
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansMarket Dimensions
How this market is segmented
- Component is broken down into: Hardware, Services, Software.
- System Type is broken down into: Vibration Analyzers, Embedded Systems, Vibration Meters.
- Deployment is broken down into: On-Premise, Cloud.
- End-User is broken down into: Oil & Gas, Automotive, Metal and Mining, Chemicals, Food & Beverages, Others.
Geographic Analysis
Regional market breakdown
- Asia Pacific Asia Pacific market size reached $433.60M in 2017 and is projected to reach $799.90M by 2023, growing at a CAGR of 10.7%.
- Europe Europe market size reached $535.80M in 2017 and is projected to reach $838.00M by 2023, growing at a CAGR of 7.7%.
- Rest of the World Rest of the World market size reached $349.90M in 2017 and is projected to reach $542.90M by 2023, growing at a CAGR of 7.6%.
- North America North America market size reached $611.80M in 2017 and is projected to reach $995.80M by 2023, growing at a CAGR of 8.5%.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansResearch Methodology
Vibration Monitoring Market — How We Researched This Market
This report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
2017
Historical Period
2017 – 2017
Forecast Period
2017 – 2023
Primary Interviews
150+
Research Process
Historical data (2017–2017) and forecast period (2017–2023)
1
Problem Definition
- Market scoping
- Objective setting
- Framework design
2
Secondary Research
- Literature review
- Data mining
- Trend analysis
3
Primary Research
- Expert interviews
- Field visits
- Surveys
4
Data Analysis
- Quantitative modeling
- Statistical testing
- Validation
5
Insights & Reporting
- Synthesis
- Recommendations
- Visualization
Research Depth
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
Historical vs. Forecast Data
Historical (observed)
Forecast (modelled)
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansQuantitative Analysis
Regional Breakdown
Regional market breakdown for Vibration Monitoring Market.
Regional Market Size (USD Mn)
Market estimates by geography (2023)
InsightNorth America leads with $995.80M by 2023, while Asia Pacific is projected to grow fastest at a 10.7% CAGR.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansRegional Market Data
| REGION | 2017 | 2017 | 2023 | CAGR | SHARE |
|---|---|---|---|---|---|
| Asia Pacific | $433.60M | $586.10M | $799.90M | 10.7% | 25% |
| Europe | $535.80M | $666.80M | $838.00M | 7.7% | 26% |
| Rest of the World | $349.90M | $435.10M | $542.90M | 7.6% | 17% |
| North America | $611.80M | $776.80M | $995.80M | 8.5% | 31% |
| Total | $1.93B | $2.46B | $3.18B | 8.7% | 100% |
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSegment Revenue (2023)
Hardware
Services
Software
038677311591545
Segment Market Share
- Hardware44%
- Services36%
- Software20%
Total Market Size
$3.18B
Market by Segment (2023)
| APPLICATION | REVENUE ($B) | GROWTH RATE | MARKET PENETRATION |
|---|---|---|---|
| Hardware | $1.40B | 8.7% | 89% |
| Services | $1.14B | 8.7% | 89% |
| Software | $628.60M | 8.7% | 89% |
* Revenue projections based on 2025 estimates. Growth rates represent CAGR 2024–2030. Market penetration indicates current adoption rate within addressable market segments.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansEmpower your Business
with InsightsSave over 20% on
with Insights
Save over 20% on
Annual Subscription
See plans for professionals or small and medium businesses.
Analytics
Vibration Monitoring Market — Key Findings
Analytical insights on Vibration Monitoring Market covering market dynamics, competitive landscape, and strategic outlook.
Key Analytical Findings
The Vibration Monitoring Market market is projected to reach $3.18B by 2023, growing at 8.7% CAGR. The Hardware segment holds the largest share.
Market Drivers
Vibration monitoring as a part of system maintenance is gaining a lot of interest owing to the various benefits offered by it, such as reduced maintenance budgets, enhanced productivity, and improved machine conditions. The advancements in technology have led to the development in vibration monitoring with help of wireless systems. Its main objective is to allow the analysis of data to be carried out locally at field level and then transmitting the results wirelessly to the base station. This will help overcome the need for mass wiring of components and machinery and enable providing a cost-effective way to detect faults in machines. Furthermore, due to the emergence of industry 4.0, there is a growing trend among companies to design and develop an online monitoring system based on wireless technology. This trend is expected to grow owing to the several benefits of vibration monitoring along with wireless technology such as the diagnosis of faults in transmission systems and industrial robot joints.
Market Opportunities
The use of AI and machine learning in the machine condition monitoring and fault diagnosis is expected to benefit the manufacturing industries and see significant growth prospects in the near future. Artificial intelligence (AI) is a unique and effective method of machine condition monitoring and fault diagnosis as these techniques are used as tools for routine maintenance of the industrial machinery. It helps in predicting motor and equipment failure in real-time and tracks the multiple states of assets, thus developing a performance profile of the machinery. The use of AI in condition monitoring helps in providing user-defined, real-time alerts and communicating it to prevent potential failure or degradation of machines. Therefore, in vibration monitoring systems, the use of AI and machine learning algorithms play a pivotal role in creating an intelligent manufacturing system, thus reducing threats and latency in the manufacturing operations.
Market Restraints
The fault diagnosing, and vibration monitoring system is a complex network of several devices connected to each other. The overall vibration monitoring system in any industry becomes complex with increasing number of mechanical equipment connected to it. With the growing number of mechanical elements to be monitored, the system complexity also increases. Further, the connection of newer elements in the vibration monitoring system becomes hard due to the lack of customization of the system. Additionally, high installation costs, lack of skilled workforce and other technical resources for data analysis for prediction of machine condition monitoring are expected to hinder the market growth during the forecast period.
Strategic Outlook and Future Directions
Near-term growth will likely concentrate in modular bioreactor lines and closed-system media workflows that shorten validation cycles while preserving batch traceability.
Partnerships between CDMOs and instrumentation vendors should accelerate standard datasets for comparability across sites, improving forecasting models used in capacity planning.
Longer horizon, organoid and microphysiological adoption may reshape segment mix; teams that invest early in assay interoperability and cloud QC hooks are better positioned to capture upside without fragmenting their analytics stack.
Market Value by Segment (2023)
Hardware
Services
Software
Companies
Key companies profiled in Vibration Monitoring Market
Profiles of 115 companies operating in the Vibration Monitoring Market market, including revenue, employee count, and market positioning where available.
Showing 115 of 115 companies
Meggitt PL
Meggitt PLC
Semiconductor
Company Headquarters: UK Founded: 1947 Workforce: ~11,230 Company Working: Meggitt PLC (Meggit) designs and manufactures components for the aerospace, defense, and energy markets. It operates its business through five segments, namely Meggitt aircraft braking systems, Meggitt control systems, Meggitt polymers & composites, Meggitt sensing systems, and Meggitt equipment group. The Meggitt aircraft braking systems segment produces wheels, brakes and brake control systems for business jets and military and regional aircraft. The Meggitt control systems segment supplies aerospace fire protection & control systems, aerospace & industrial fuel, bleed air control valves, heat exchangers, high pressure ducting and ground refueling products. The Meggitt polymers & composites segment designs and develops engine and aerodynamic seals, flexible fuel tanks and fuel systems for military and civil aircraft, advanced composite engine components, radomes & secondary structures, electro-thermal ice protection systems, sub-assemblies, interior panels, and accessories. The Meggitt sensing systems segment offers sensing and monitoring solutions for rotating machinery. Its products include condition-based monitoring systems, sensors, flame monitoring systems, fluid monitoring systems, measurement systems, ignition systems, and onboard electronics. The Meggitt equipment group segment includes heat transfer equipment for hydrocarbon processing, electromechanical fans, pumps, compressors, electric motors, and controllers & training systems. Geographically, the company operates in the US, the UK and the rest of the world.
Revenue$0.0B
Employees11,230
Market CapN/A
Founded1946
UK
Fortive Co
Fortive Corporation
Semiconductor
Company Headquarters: US Founded: 2015 Workforce: ~26,000 Company Working: Fortive Corporation designs, develops, manufactures, and distributes of professional and engineered products, software, and services. It operates through the professional instrumentation and industrial technologies segments. The professional instrumentation segment offers software and services used to measure and monitor a range of physical parameters in industrial applications. The industrial technologies segment comprises critical technical equipment, components, software, and services for manufacturing and transportation markets. It also provides fueling, environmental, field payment, vehicle tracking, and fleet management solutions that are used in retail, commercial, and private fleet applications. In 2015, Fortive Corporation acquired Fluke Corporation, a provider of compact, professional test and measurement (T&M) tools. The company products are known for their portability, ruggedness, accuracy, and safety along with rigid quality standards.
Revenue$0.0B
Employees26,000
Market CapN/A
Founded2014
US
National I
National Instruments Corporation
Semiconductor
Company Headquarters: US Founded: 1976 Workforce: ~7,410 Company Working: National Instruments Corporation (NI) designs, manufactures, and sells application software and modular, multifunction hardware to users for the creation of measurement, automation, and embedded systems. The company offers hardware maintenance services such as system configuration and deployment, calibration, warranty, and repair. It also offers software maintenance services such as software services for end-users and volume licensing for account-level services. The company caters to the automotive, aerospace, manufacturing, government and defense, medical research and pharmaceutical, education, power and energy, semiconductors and telecommunications industry verticals. NI also offers an education platform which combines software, hardware, and courseware designed to create engaging, and learning experiences. Geographically, the company classifies operates in the Americas, Europe, Asia-Pacific, the Middle East, and Africa.
Revenue$0.0B
Employees7,410
Market CapN/A
Founded1975
US
Wilcoxon S
Wilcoxon Sensing Technology
Semiconductor
Company Headquarters: US Founded: 1960 Workforce: ~200 Company Working: Wilcoxon Sensing Technology is a leading manufacturer of vibration monitoring solution and supplies to companies and organizations to protect maintenance and condition monitoring programs. The company provides vibration monitoring products such as 4-20mA vibration transmitters, loop powered sensors, accelerometers, IP67 and IP68 cable assemblies and connectors, handheld vibration meters, intelligent vibration transmitters, cementing pads and mounting studs, and intrinsically safe enclosures. Amphenol Corporation is the parent organization of Wilcoxon Sensing technology. The company operates in the US, China, and the rest of the world.
Revenue$0.0B
Employees200
Market CapN/A
Founded1959
US
SKF AB
SKF AB
Semiconductor
Company Headquarters: Sweden Founded:1907 Workforce: ~44,428 Company Working: SKF AB designs and manufactures machine and rotating equipment. The company operates through two business segments, namely industrial market t and automotive market. The company has a wide range of products including linear motion systems, screws, actuation systems, magnetic bearings/permanent magnetic electric motors bearings, units, housings, seals, lubrication solutions, coupling systems, test and measurement equipment, maintenance products, condition monitoring systems, and power transmission products and solutions. SKF AB offers solutions to several industry verticals including construction, food and beverage, home appliances, aerospace, agriculture, automation, energy, oil and gas, pulp and paper, and railways. The company operates globally including the Americas, Europe, Middle East, and Africa, and Asia-Pacific.
Revenue$0.0B
Employees44,428
Market CapN/A
Founded1906
Sweden
Yokogawa E
Yokogawa Electric Corporation
Automotive
Company Headquarters: Japan Founded: 1915 Workforce: ~17,850 Company Working: Yokogawa Electric Corporation (Yokogawa Electric) is a company that is engaged in manufacturing distributed process control systems for industrial plants. It operates through three business segments, namely, industrial automation and control business, test and measurement business, and aviation and other business. Under the industrial automation and control business segment, the company offers a wide range of field instruments, programmable controllers, control systems, productivity-enhancing software, and aftermarket services. In the field instruments product category, it offers flow meters, process analyzers, and differential pressure transmitters. The company offers gas calorimeters under the product sub-category of process analyzers through its industrial automation and control business segment. Its products have applications in oil & gas, oil & gas downstream, LNG supply chain, chemical, power, water & wastewater, mining & metal, pharmaceutical, food & beverage, pulp & paper, and iron & steel industries. Yokogawa Electric has a wide global presence and direct operations in more than 60 countries around the globe. It primarily operates through its vast network that comprises dealers, exporters, distributors, and 113 subsidiaries. The company invested almost USD 236.5 million in research and development in the fiscal year 2019.
Revenue$0.0B
Employees17,850
Market CapN/A
Founded1914
Japan
Page 1 of 20
…
Go to page
Powering the world's best teams.
From next-gen startups to established enterprises.
What our clients say
Trusted by forward-thinking businesses
for data-driven intelligence
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Vibration Monitoring Market
Starting from
$4,950