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Vibration Control Systems - Global Market Outlook (2017-2023)

 

NEW YORK, Oct. 3, 2017 /PRNewswire/ --

According to Stratistics MRC, the Global Vibration Control Systems Market is accounted for $1.84 billion in 2016 and is expected to reach $2.64 billion by 2023 growing at a CAGR of 5.2% during the forecast period.



Read the full report: https://www.reportlinker.com/p05126485



Factors such as enhanced aircraft performance, increasing demand for high-rise buildings in vibration control systems for fundamental safety, and advanced automobile durability are favoring the market growth. However, strict industry regulations and low-cost alternatives are hampering the market.

By end-user, mining and quarrying segment is anticipated to remain as largest end user segment. Moreover, transportation segment is expected to rise significantly during the forecast period. Based on product, automation control segment commanded the largest market share. Depending on geography, North America commanded the largest market share and Asia Pacific is projected to grow at a highest CAGR.

Some of the key players in this market include Guangzhou YiTaoQianChao Vibration Control Technology Co Ltd, VSL International Ltd., ACTOM (Pty) Ltd, Dynamic Solutions Systems, Inc., Mupro Services GmbH, Fukoku Co., Ltd., Farrat Ltd, Lord Corporation, Gerb Vibration Control Systems Pvt. Ltd., DynaTronic Corporation Ltd., Resistoflex (P) Ltd., Fabreeka, Isolation Technology Inc., Kinetics Noise Control, Inc. and VICODA Gmbh.

Sales Channels Covered:
• Aftermarket
• OEM

Products Covered:
• Vibration Control
• Automation Control
• Motion Control

End-Users Covered:
• Electrical Equipment, Appliance, and Component
• Petroleum and Coal Products Manufacturing
• Beverage and Tobacco Product Manufacturing
• Transportation
• Oil and Gas Extraction
• Machinery Manufacturing
• Chemical Manufacturing
• Textile Mills
• Food Manufacturing
• Utilities
• Mining, Quarrying

Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o U.K.

o Italy
o France
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
South America
o Argentina
o Brazil
o Chile
o Rest of South America
Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Read the full report: https://www.reportlinker.com/p05126485

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

https://www.reportlinker.com  


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Intl: +1 339-368-6001

 

View original content:http://www.prnewswire.com/news-releases/vibration-control-systems---global-market-outlook-2017-2023-300530213.html

SOURCE Reportlinker

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