Anti-Vibration Mounts Market
Anti-Vibration Mounts Market - Global Industry Assessment & Forecast
Segments Covered
- By Application Diesel Generator, Pumps, Motors, HVAC Equipment, Household Equipment, Other Applications
- By Type of Isolation Passive Isolation, Active Isolation
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 6300.38 Million |
Revenue 2030: | USD 6822.41 Million |
Revenue CAGR (2023 - 2030): | 1.00% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
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Market Synopsis:
The Global Anti-Vibration Mounts Market was valued at USD 6300.38 Million in the year 2022 and is expected to reach a value of USD 6822.41 Million by the year 2030. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 1.00% over the forecast period.
Anti-Vibration Mounts are specialized devices that absorb vibration from autos, equipment, and various other systems. Vibration isolation mountings and isolation devices are two more names for them. Anti-Vibration Mounts are widely used in the automotive industry to improve fuel economy. Installing Anti-Vibration Mounts also enhances vehicle comfort and safety. However, this anti-vibration system must adhere to tight guidelines to reduce noise pollution and improve the effectiveness and convenience of technical equipment. The practice of supplying tailored products to customers is on the rise, which is expected to boost the Global Anti-Vibration Mounts Market. Manufacturers use customization as a product variety to get a strong position in the market.
Anti-Vibration Mounts Market Size, 2022 To 2030 (USD Million)
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However, high and fatigue polymer materials are projected to increase shortly. These materials are more durable, cost-effective, and resistant to wear and strain. Soon, the growing demand to improve the efficiency of cars and engineering equipment is expected to drive the Global Anti-Vibration Mounts Market. Types of machinery and other equipment produce a lot of noise and wear and tear due to vibration in relative motion. As a result, direct or indirect damage to machinery is projected to increase demand in the Global Anti-Vibration Mounts Market.
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Market Segmentation:
The Anti-Vibration Mounts Market is segmented based on the segments Application, Type of Isolation, and Region. Based on Application, the market is further sub-segmented as Diesel Generators, Pumps, Motors, HVAC Equipment, Household Equipment, and Other Applications. Furthermore, based on the segment Type of Isolation, the market is sub-segmented into Passive Isolation and Active Isolation.
Based on Application:
The sub-segment, HVAC Equipment, from the Application segment, held most of the worldwide market share in 2021. On the back of the expanding manufacturing of industrial machinery worldwide, the Motors sub-segment is predicted to offer considerable growth possibilities for all stakeholders involved in the value chain. Vibration Sensors, Control Electronics, and Actuators are used in the electronics industry's vibration control mechanisms to protect equipment and structures from impact forces and form a feedback loop.
North America is Projected to Grow at the Significant CAGR during the Forecast Period
Based on the essential elements, such as cutting-edge technology and innovations, North America is expected to rise at a significant CAGR. The market for Anti-Vibration Mounts worldwide is significant. The strict laws governing the noise in machines and vehicles are to blame for this.
However, due to the region's fast-expanding automotive industry, Asia-Pacific is predicted to rise at a significant Compound Annual Growth Rate (CAGR) throughout the projected period. In addition, the Asia Pacific Anti-Vibration Mounts Market is being driven by China, which is also home to critical end-use sectors, including machinery.
Competitive Landscape:
The key players in the Global Anti-Vibration Mounts Market include- ContiTech, Vibracoustic, Sumitomo Riko Co. Ltd., Hutchinson SA, Machine House India Private Limited, IAC Acoustics, FUKOKU Co. Ltd., Farrat, Vibrasystems Inc., Pendle Polymer Engineering, and others.
Segmentation of the Global Anti-Vibration Mounts Market:
Parameter
Details
Segments Covered
By Application
By Type of Isolation
By Region
Regions & Countries Covered
Companies Covered
Report Coverage
Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST
analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market
attractiveness analysis by segments and North America, company market share analysis, and COVID-19
impact analysis
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FAQ
Frequently Asked Question
What is the global demand for Anti-Vibration Mounts in terms of revenue?
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The global Anti-Vibration Mounts valued at USD 6300.38 Million in 2022 and is expected to reach USD 6822.41 Million in 2030 growing at a CAGR of 1.00%.
Which are the prominent players in the market?
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The prominent players in the market are ContiTech, Vibracoustic, Sumitomo Riko Co. Ltd., Hutchinson SA, Machine House India Private Limited, IAC Acoustics, FUKOKU Co. Ltd., Farrat, Vibrasystems Inc., Pendle Polymer Engineering.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 1.00% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Anti-Vibration Mounts include
- the increasing requirement to improve the efficiency of vehicle
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Anti-Vibration Mounts in 2022.