North America Vibration Monitoring Market: System Type Analysis and Forecast (2017-2023)
The North American vibration monitoring market has witnessed substantial growth over the past few years, driven primarily by the increasing demand for predictive maintenance solutions across various industries. Vibration monitoring systems are essential tools for industrial plants, power generation facilities, and manufacturing units, enabling early detection of equipment faults and preventing costly downtime.
Market Overview by System Type
The market for vibration monitoring systems in North America can be broadly segmented into portable systems and online/continuous monitoring systems. Portable vibration monitoring systems are widely used due to their flexibility and cost-effectiveness. These systems allow technicians to conduct spot checks and inspections at multiple locations, providing critical insights into machine health without requiring a full-time installation.
On the other hand, online or continuous monitoring systems have gained traction in large-scale industrial setups where equipment operates under high-stress conditions. These systems…