Asia Pacific Vibration Control System Market Size & Outlook
Asia Pacific vibration control system market, 2017-2030 (US$M)
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Asia Pacific vibration control system market highlights
- The Asia Pacific vibration control system market generated a revenue of USD 1,066.8 million in 2023.
- The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, vibration control was the largest revenue generating system type in 2023.
- Vibration Control is the most lucrative system type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,066.8 million |
| Market revenue in 2030 | USD 1,846.0 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Vibration control |
| Fastest growing segment | Vibration Control |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Motion Control, Vibration Control |
| Key market players worldwide | TotalEnergies SE, Parker Hannifin Corp, ContiTech AG, Stabilus SE, IDEX Corp, Trelleborg AB ADR |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.6% of the global vibration control system market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,846.0 million by 2030.
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Vibration Control System Market Scope
Vibration Control System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific vibration control system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vibration control system market will help companies and investors design strategic landscapes.
Vibration control was the largest segment with a revenue share of 58.53% in 2023. Horizon Databook has segmented the Asia Pacific vibration control system market based on motion control, vibration control covering the revenue growth of each sub-segment from 2017 to 2030.
Asia Pacific’s rapid industrialization and economic growth have significantly expanded various industries, including manufacturing, automotive, aerospace, energy, and construction. These industries heavily rely on machinery and equipment, which are prone to vibrations.
Countries such as China, Japan, India, and South Korea are continuously focusing on technological advancements. These countries have made significant investments in research and development to develop advanced vibration control technologies.
Asia Pacific is experiencing considerable growth in transportation, healthcare, and the corporate sector owing to the huge investments carried out by foreign players operating in different industry verticals.
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Target buyers of Asia Pacific vibration control system market databook
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Our clientele includes a mix of vibration control system market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific vibration control system market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific vibration control system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific vibration control system market size, by country, 2017-2030 (US$M)
Asia Pacific Vibration Control System Market Outlook Share, 2023 & 2030 (US$M)
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