Australia Vibration Monitoring Market Size & Outlook
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Australia vibration monitoring market highlights
- The Australia vibration monitoring market generated a revenue of USD 38.5 million in 2024 and is expected to reach USD 62.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 8.7% from 2025 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Vibration monitoring market data book summary
| Market revenue in 2024 | USD 38.5 million |
| Market revenue in 2030 | USD 62.9 million |
| Growth rate | 8.7% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Honeywell International Inc, Emerson Electric Co, SKF AB ADR, Schaeffler AG ADR, Analog Devices Inc, ALS Ltd, Teledyne FLIR, Parker Hannifin Corp, Rockwell Automation Inc, Baker Hughes Co Class A |
Other key industry trends
- In terms of revenue, Australia accounted for 2.3% of the global vibration monitoring market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China vibration monitoring market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 151.0 million by 2030.
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Vibration Monitoring Market Scope
Vibration Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Teledyne FLIR | View profile | 1001-5000 | Wilsonville, Oregon, United States, North America | http://www.flir.com |
| SKF AB ADR | View profile | 40051 | Sven Wingquists Gata 2, Gothenburg, Sweden, SE-415 50 | https://www.skf.com |
| ALS Ltd | View profile | 19085 | 299 Coronation Drive, Level 2, Milton, Brisbane, QLD, Australia, 4064 | https://www.alsglobal.com |
| Schaeffler AG ADR | View profile | 83362 | Industriestrasse 1-3, Herzogenaurach, BY, Germany, 91074 | https://www.schaeffler.com |
| Baker Hughes Co Class A | View profile | 58000 | 575 North Dairy Ashford Road, Suite 100, Houston, TX, United States, 77079-1121 | https://www.bakerhughes.com |
| Parker Hannifin Corp | View profile | 62730 | 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141 | http://www.phstock.com |
| Analog Devices Inc | View profile | 26000 | One Analog Way, Wilmington, MA, United States, 01887 | https://www.analog.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
Australia vibration monitoring 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 monitoring market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 47.01% in 2024. Horizon Databook has segmented the Australia vibration monitoring market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Australia vibration monitoring market databook
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Our clientele includes a mix of vibration monitoring market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia vibration monitoring market , including forecasts for subscribers. This country databook contains high-level insights into Australia vibration monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia vibration monitoring market size, by component, 2018-2030 (US$M)
Australia Vibration Monitoring Market Outlook Share, 2024 & 2030 (US$M)
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