North America Vibration Control System Market Size & Outlook
North America vibration control system market, 2017-2030 (US$M)
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North America vibration control system market highlights
- The North America vibration control system market generated a revenue of USD 1,079.9 million in 2023.
- The market is expected to grow at a CAGR of 6.2% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,079.9 million |
| Market revenue in 2030 | USD 1,647.9 million |
| Growth rate | 6.2% (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, North America region accounted for 20.8% 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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North America 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 59.39% in 2023. Horizon Databook has segmented the North America vibration control system market based on motion control, vibration control covering the revenue growth of each sub-segment from 2017 to 2030.
North America is poised to experience substantial growth in the vibration control system market due to several key factors. The robust expansion of the healthcare, aviation, and defense sectors in the U.S. and Canada presents lucrative opportunities for adopting and utilizing vibration control systems in North America.
North America, one of the most prominent regions known for its proactive approach to embracing technological advancements, is experiencing a surge in the adoption of various vibration monitoring and control technologies. This trend is attracting many individuals and organizations within the region to explore and implement different vibration control systems.
North America held a considerable market share of more than 20.0% of the total revenue share in 2022. In the current market scenario, the U.S. dominates the market in North America. Largescale adoption of these systems can be seen in the U.S. electronics, electrical, automotive, and food manufacturing sectors.
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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 North America vibration control system market , including forecasts for subscribers. This continent databook contains high-level insights into North America vibration control system market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America vibration control system market size, by country, 2017-2030 (US$M)
North America Vibration Control System Market Outlook Share, 2023 & 2030 (US$M)
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