Market revenue in 2023 | USD 273.9 million |
Market revenue in 2030 | USD 478.2 million |
Growth rate | 8.3% (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 58.23% in 2023. Horizon Databook has segmented the Germany vibration control system market based on motion control, vibration control covering the revenue growth of each sub-segment from 2017 to 2030.
Germany can be considered a prominent market for vibration control systems. Germany is home to indigenous companies, such as ACE Stoßdämpfer GmbH, GERB Schwingungsisolierungen GmbH & Co. KG, and Getzner Werkstoffe GmbH, and international companies, such as HUTCHINSON, PARKER HANNIFIN CORP, and Trelleborg AB.
Other factors contributing to the growth of the German market include the rising demand for high-performance and low-noise products across automotive, aerospace, industrial machinery, and construction, among other industries and industry verticals.
Vibration control systems are crucial in reducing noise, minimizing vibrations, and enhancing overall product performance. As businesses in Germany strive to meet stringent quality standards and improve customer satisfaction, adopting vibration control systems becomes imperative for them.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany vibration control system market , including forecasts for subscribers. This country databook contains high-level insights into Germany vibration control system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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