MRO Magazine

Research and Markets: Global Vibration Meter Market 2016-2020 – Market Segmentation By Product & End-User


December 21, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/g2bx3v/global_vibration) has announced the addition of the “Global Vibration Meter Market 2016-2020” report to their offering.

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.

The 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.

The replacement of conventional accelerometer sensors with MEMS accelerometers in vibrator meters is a trend that is likely to gain popularity over the forecast period. The design and introduction of lighter and more portable vibration meters is also expected to be a fast growing trend over the next five years.

According to the report, vibration meters are used to identify, predict, and prevent the failure of machines such as motors, pumps, fans, gears, compressors, turbines, and any other machine that has rotational elements. These vibration meters are known for their accurate condition monitoring ability. Condition monitoring, when carried out properly, can result in significant cost savings.

Further, the report states that one of the biggest concerns in the vibration market is the high cost of these devices given that the devices are used only for monitoring the health of a machine.

Companies Mentioned:

  • Davis Instruments
  • Extech
  • Fluke
  • Kanomax
  • SPM Instruments
  • Blamac
  • Castle Group
  • Cole-Parmer
  • Hansford
  • Lutron Electronic Enterprise
  • MCM instruments
  • PCE instruments

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Market segmentation by end-user

PART 08: Geographical segmentation

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

PART 15: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/g2bx3v/global_vibration

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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