Market revenue in 2023 | USD 286.7 million |
Market revenue in 2030 | USD 495.3 million |
Growth rate | 8.1% (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 58.35% in 2023. Horizon Databook has segmented the Japan vibration control system market based on motion control, vibration control covering the revenue growth of each sub-segment from 2017 to 2030.
Japan is known for its advanced technology and engineering capabilities. The country is also putting a strong emphasis on structural safety by mitigating structural risks stemming from earthquakes and tremors. Vibration control systems can play a crucial role in minimizing the impact of seismic activity and ensuring the stability and safety of structures.
Historically, Japan has been a significant market for vibration control systems due to the high seismic activity associated with its geology. The demand for these systems is driven by various factors, including stringent government regulations (The Building Standards Law, enforced by the Ministry of Land, Infrastructure, Transport, and Tourism (MLIT).
Which sets the regulations and standards for building construction in Japan, including provisions related to vibration control), growing construction activities, continued infrastructure development, and the need to protect critical infrastructure, such as hospitals, power plants, and transportation networks.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan vibration control system market , including forecasts for subscribers. This country databook contains high-level insights into Japan vibration control system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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