Vibration Control System Market Size, Share & Trends Analysis Report By System Type (Motion Control, Vibration Control), By Application (Automotive, Manufacturing, Oil & Gas), By Region, And Segment Forecasts, 2023 - 2030

Vibration Control System Market Growth & Trends

The global vibration control system market size is expected to reach USD 7.93 billion by 2030, growing at a CAGR of 6.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. Growing adoption of vibration control systems (VCS) in healthcare applications is expected to drive market growth over the forecast period. These systems are being used in healthcare applications to mitigate the impacts of vibration on sensitive equipment including DNA sequencing microarrays and Magnetic Resonance Imaging (MRIs). These systems are also extensively used in the aerospace & defense industry to decrease the vibrations causing damage to the aircraft windshield, windowpanes, doors, and shipments. Based on system type, the demand for motion control systems in the automotive, power plants, and oil & gas industries has increased over the last few years.

Motion control systems isolate the effects of vibration and shock in power plants, thereby increasing the demand for such systems among these industries. Moreover, the electronics & electrical industry, including industrial goods, is witnessing a paradigm shift, in terms of increasing usage of vibration control methods. In the industrial goods sector, VCS is utilized to isolate vibrations in electronic instruments and measuring equipment. Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. Significant growth in this sector can be attributed to the presence of major manufacturers in the China regional market. The availability of low-cost capital and inexpensive labor and materials in this region is projected to drive market growth.

Vibration Control System Market Report Highlights

• The global industry is anticipated to witness substantial growth during the forecast period owing to the rising product adoption in various industries, including healthcare, oil & gas, and aerospace & defense, among others
• The vibration control segment accounted for the highest market share in 2022 owing to the high demand for automation controls in power plants and oil & gas industries
• The manufacturing industry dominated the market in 2022 owing to the rapid growth in the manufacturing of industrial machinery worldwide
• The market in Europe held the largest share of the global revenue in 2022 owing to the presence of a large number of automobile manufacturers in the region

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