Europe Vibration Control System Market Size & Outlook
Europe vibration control system market, 2017-2030 (US$M)
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Europe vibration control system market highlights
- The Europe vibration control system market generated a revenue of USD 1,217.1 million in 2023.
- The market is expected to grow at a CAGR of 6.9% 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,217.1 million |
| Market revenue in 2030 | USD 1,947.9 million |
| Growth rate | 6.9% (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, Europe region accounted for 23.5% 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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Europe 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 58.94% in 2023. Horizon Databook has segmented the Europe vibration control system market based on motion control, vibration control covering the revenue growth of each sub-segment from 2017 to 2030.
Europe is home to a diverse range of industries, including automotive, aerospace, manufacturing, energy, and healthcare, which heavily rely on the effective management of vibrations. As these industries strive for increased efficiency, improved product quality, and enhanced operational safety, the demand for vibration control systems has grown substantially.
Stringent regulations and European standards regarding safety, workplace conditions, and environmental impact contribute to the increased adoption of vibration control systems. These systems help businesses comply with regulations, ensure the well-being of workers, and mitigate the negative effects of vibrations on equipment and the surrounding environment.
The rising adoption of vibration control technology in the transportation sector of the region to offer better comfort and safety is anticipated to spur market growth.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe vibration control system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe vibration control system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe vibration control system market size, by country, 2017-2030 (US$M)
Europe Vibration Control System Market Outlook Share, 2023 & 2030 (US$M)
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