Market Research Report on Global Vibration Control Systems Market
RAIPUR, INDIA, January 11, 2018 /EINPresswire.com/ —
Report Sellers has added a new market research report “Vibration Control Systems – Global Market Outlook (2017-2023)” to its offerings.
According to Report, the Global Vibration Control Systems Market is accounted for $1.84 billion in 2016 and is expected to reach $2.64 billion by 2023 growing at a CAGR of 5.2% during the forecast period. Factors such as enhanced aircraft performance, increasing demand for high-rise buildings in vibration control systems for fundamental safety, and advanced automobile durability are favoring the market growth. However, strict industry regulations and low-cost alternatives are hampering the market.
By end-user, mining and quarrying segment is anticipated to remain as largest end user segment. Moreover, transportation segment is expected to rise significantly during the forecast period. Based on product, automation control segment commanded the largest market share. Depending on geography, North America commanded the largest market share and Asia Pacific is projected to grow at a highest CAGR.
Some of the key players in this market include Guangzhou YiTaoQianChao Vibration Control Technology Co Ltd, VSL International Ltd., ACTOM (Pty) Ltd, Dynamic Solutions Systems, Inc., Mupro Services GmbH, Fukoku Co., Ltd., Farrat Ltd, Lord Corporation, Gerb Vibration Control Systems Pvt. Ltd., DynaTronic Corporation Ltd., Resistoflex (P) Ltd., Fabreeka, Isolation Technology Inc., Kinetics Noise Control, Inc. and VICODA Gmbh.
Browse through the complete description and in-depth TOC on “Global Vibration Control Systems Market”
What does the Report Offers
• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
Global vibration control systems market has been segmented by sales channels covered, products covered, end users covered and regions covered
Sales Channels Covered:
Electrical Equipment, Appliance, and Component
Petroleum and Coal Products Manufacturing
Beverage and Tobacco Product Manufacturing
Oil and Gas Extraction
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
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Source: EIN Presswire