Dublin, May 13, 2015 (GLOBE NEWSWIRE) -- Research and Markets ( http://www.researchandmarkets.com/research/n2mcwm/vibration ) has announced the addition of the "Vibration Monitoring Equipment Market By Product (Portable & Non-Portable), Component (Accelerometer, Proximity Probe, & Others), Application (Aerospace & Defense, Automotive, Chemical, Metal & Mining, & Others) & Geography - Global Forecast to 2020" report to their offering. The global vibration monitoring equipment market is valued at $986.59 million in 2014, and is expected to reach $1,453.76 million by 2020, at a CAGR of 6.6% between 2015 and 2020
In terms of geography, North America accounted for the major market share of -40% in 2014, followed by Europe at -26%. The key driving factor behind this is the presence of major key players in the region and the growing usage of vibration monitoring in various applications. The major players in the vibration monitoring equipment market are adopting different strategies to expand and gain a strong position in this market. As the number of established players is growing in the global marketplace,it becomes important for every market player to gain a competitive edge over the others.Key players adopted strategies such as new product development and agreements, contracts & partnerships, and others to compete in the vibration monitoring equipment market. . The report provides a detailed insight into the current vibration monitoring equipment market, and identifies key trends in the various segments of the market with in-depth quantitative and qualitative information. The report segments the global vibration monitoring equipment market on the basis of components, products, applications, and geography. Further, it provides market size forecasts, and trend analysis with respect to the market's time-line. Detailed geographic insights with respect to major regions such as North America, APAC, Europe, and Rest of the World have been analyzed. The major players in the global vibration monitoring equipment market are Analog Devices, Inc. (U.S), Azima DLI Corporation (U.S), Bruel & Kjaer Sound & Vibration Measurement A/S (Denmark), Emerson Electric Co. (U.S), General Electric Company (U.S.), Honeywell International, Inc. (U.S.), Meggitt PLC (U.K.), National Instruments Corporation (U.S.), Rockwell Automation, Inc. (U.S.), SKF (Sweden), and SPM Instrument (Sweden). Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Market, By Product 8 Market, By Component 9 Market, By Application 10 Geographic Analysis 11 Competitive Landscape 12 Company Profiles - Analog Devices, Inc. - Azima Dli Corporation - Bruel & Kjaer Sound & Vibration Measurement A/S - Emerson Electric Company - General Electric Corporation - Honeywell International, Inc. - Meggitt PLC - National Instruments Corporation - Rockwell Automation, Inc. - SKF - SPM Instrument AB For more information visit http://www.researchandmarkets.com/research/n2mcwm/vibration
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