India Vibration Control System Market Size & Outlook
India vibration control system market, 2017-2030 (US$M)
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India vibration control system market highlights
- The India vibration control system market generated a revenue of USD 134.6 million in 2023 and is expected to reach USD 212.7 million by 2030.
- The India market is expected to grow at a CAGR of 6.8% 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.
Vibration control system market data book summary
| Market revenue in 2023 | USD 134.6 million |
| Market revenue in 2030 | USD 212.7 million |
| Growth rate | 6.8% (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 |
Other key industry trends
- In terms of revenue, India accounted for 2.6% of the global vibration control system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China vibration control system market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 798.8 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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India 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 59.96% in 2023. Horizon Databook has segmented the India vibration control system market based on motion control, vibration control covering the revenue growth of each sub-segment from 2017 to 2030.
The vibration control systems market in India is poised for growth over the foreseeable future due to several contributing factors. One of the significant factors is the rapid industrialization.
As industries expand and new manufacturing facilities are established, the need for effective vibration control systems to ensure smooth operations and minimize the potential damage caused by excessive vibrations would also grow.
Incumbents of the automotive, aerospace, energy, construction, and manufacturing, among other industries and industry verticals, are realizing the significance of minimizing vibrations to improve product quality, reduce downtime, and enhance worker safety, thereby propelling the adoption of vibration control systems.
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Target buyers of India 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the India vibration control system market , including forecasts for subscribers. This country databook contains high-level insights into India vibration control system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India vibration control system market size, by system type, 2017-2030 (US$M)
India Vibration Control System Market Outlook Share, 2023 & 2030 (US$M)
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