Market revenue in 2023 | USD 437.1 million |
Market revenue in 2030 | USD 798.8 million |
Growth rate | 9% (CAGR from 2023 to 2030) |
Largest segment | Vibration control |
Fastest growing segment | Vibration Control |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 58.02% in 2023. Horizon Databook has segmented the China vibration control system market based on motion control, vibration control covering the revenue growth of each sub-segment from 2017 to 2030.
In China, the vibration control systems market has been witnessing significant growth in recent years. With the country's rapid industrialization and urbanization, the adoption of vibration control systems has been gaining traction across various industries and industry verticals, such as manufacturing, construction, transportation, and power generation.
Several factors are contributing to the growth of the vibration control systems market in China. First, advances in technology and the government's focus on infrastructure development have increased investments in several industries and industry verticals requiring vibration control systems.
For instance, the expanding transportation infrastructure, such as high-speed railways and highways, is driving the need for vibration control systems to ensure smooth operations and passenger comfort.
Horizon Databook provides a detailed overview of country-level data and insights on the China vibration control system market , including forecasts for subscribers. This country databook contains high-level insights into China vibration control system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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