Vibration Control Systems Market: Worldwide Industry Analysis and New Market Opportunities Explored to 2031

 As the automotive industry has grown significantly over the past years, the demand for various type of vibration control systems such as automation control, motion control, vibration control, and others has increased substantially. With vibration control system manufacturers bringing in a flurry of products, Future Market Insights (FMI) expects outlook to be bullish during the period 2021-2031Historical & Future Outlook of Vibration Control System Market

With the rise in demand from the industries with fast-paced growth such as oil & gas, utilities, transportation, and others, the requirement for vibration control system has grown over the past decade. While development of broad categories of products such as isolating pads, absorbers, and dampers, manufacturers has catered to the market growth, the macro-economic factors such as rise in per capita expenditure on utility, increase in governmental expenditure on key end-use industries, and others have further fueled sales.


According to FMI, the global vibration control system market has expanded at nearly 3% growth since 2015.

While the surge in demand for various vibration control system such as isolators, hangers, and mounts is enabling manufacturers to diversify their products, the promising growth of key end-use industries is further aiding to the rise in revenue of manufacturers.

How Transport Sector is Driving Demand for Vibration Control Equipment?

Controlling vibration in various auto-parts plays a very crucial role in transportation industry and hence the demand from this sector is growing high with its steady expansion.

According to the report titled “Transport in the European Union” published by the European Commission (EC), recently EUR 15 billion have been proposed for mobility, energy, and climate in the ‘Horizon Europe Programme Post-2020’. As stated in the report, the Europe transport industry includes a complex network of around 1.2 million public and private companies, and this number is growing fast.

According to the report titled “Logistics and Transportation Spotlight” by Select USA, the logistics and transportation industry in the United States is highly competitive, while the U.S business logistics costs reached US$ 1.6 trillion in 2018. As per the report, the foreign direct investment in this industry totaled US$ 1.5 billion in 2018.The Impact of Growing Automation on Vibration Control System Sales

Owing to higher production rates, increased productivity, improved safety & product quality, and other factors, the adoption of automation control is growing at a brisk pace.

According to the report published by the EU Automation, number of automation control parts has reached to 1.130,407 sold to 41,271 customers in 159 countries till date (16th February, 2021). The statistics depict the rise in demand for various automation control systems across the globe.

What are the Key Challenges for Vibration Control System Industry?

While the rise in demand from key end-use industries is getting prominent gradually, high cost of installation, maintenance and replacement is something manufacturers are focusing on to improve. Also, lack of enough knowledge and expertise often come in the way of its wider adoption.

However, the high demand from the exponentially growing industries such as oil & gas, utilities, mining & quarrying, and continuous effort by key players to launch new cost-effective variety of products outpace these few restraining factors.Vibration Control System Market Segmentation by Category

More info@https://www.futuremarketinsights.com/reports/vibration-control-systems-market

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