The vibration control system market is expected to grow at a CAGR of 5.26%, reaching a market size of US$122.342 billion in 2029 from US$94.665 billion in 2024.
Vibration control systems are mechanisms or technologies that manage and reduce the effects of unwanted vibrations in a variety of applications. Vibration control systems typically use sensors to detect vibrations, actuators to counteract them, and a control algorithm to regulate their actions. Such systems are used to reduce vibrations in machines, structures, and vehicles, thereby improving their performance, functionality, and safety. The increasing production of automotive and aircraft is a major driving force behind the vibration control system market growth.
The vibration control system in aircraft serves multiple essential purposes. It contributes to the safety of the aircraft and its passengers by identifying and decreasing excessive vibrations caused by factors such as engine imbalance, turbulence, or mechanical issues. The system prevents structural damage and improves the overall stability of the aircraft by minimizing vibrations. Moreover, the increasing aircraft production is a major driving force of the vibration control system market growth. Airbus SE delivered 661 commercial aircraft to 84 customers in 2022, an increase of 8% over 2021, and received 1,078 gross new orders.
Vibration control systems play an important role in improving the overall driving experience by reducing unwanted vibrations and noise generated by various vehicle components. The main objective of vibration control systems is to reduce vibrations transmitted from the engine, suspension, drivetrain, and other mechanical components to the chassis and, ultimately, to the occupants. This makes it an ideal option for vehicle manufacturers to adopt vibration control systems. Hence, increasing the number of vehicle production propelled the demand for vibration control systems. For instance, in the year 2022, global motor vehicle production reached an immense 85.4 million units, representing a significant 5.7% increase over the preceding year, 2021.
Vibrations can harm the precision and accuracy of manufacturing processes, resulting in defective or substandard products. The vibration control system contributes to the overall quality of the product and allows for more precise and consistent manufacturing by controlling vibrations. This consequently makes it a perfect choice for manufacturers to choose vibration control components, which has driven the vibration control system market growth. For instance, in June 2023, Nidec Machine Tool Corporation announced the construction of a new factory for Nidec India Precision Tools Ltd., which increased production capacity by 1.5 times to meet rising demand for automotive and related parts.
Asia Pacific is expected to account for a significant share of the vibration control system market due to the increasing automotive production and the establishment of new manufacturing plants. For instance, according to the International Organization of Motor Vehicle Manufacturers, China and India produced a total of 32477472 units in fiscal year 2022, representing a 24% increase in India and a 3% increase in China. Additionally, in October 2023, Cytiva opened a new manufacturing facility in Pune, India which will double Cytiva's capacity for production in India. Furthermore, in September 2023, DuPont officially inaugurated its new adhesives manufacturing facility in Zhangjiagang, East China. The new facility will manufacture adhesives for transportation customers, primarily in lightweight and rapidly expanding vehicle electrification applications.
Maintaining the reliability of vibration control system components is a significant challenge, as failures in these systems can have serious consequences in a variety of applications, including aircraft manufacturing, medical equipment, and oil & gas processing. This may limit the widespread utilization of vibration control systems in numerous industries which may hinder the market growth.