Asia Pacific Vibration Monitoring Market By End-User Forecast (2017-2023)
The above chart is Global Vibration Monitoring market [2017-2023] Asia Pacific by End-User
china accounted for the largest market share in 2017 in the asia pacific vibration monitoring market, and is expected to reach usd 268.00 million in 2023 from usd 132.00 million in 2017.this market is projected to grow at a cagr of 12.59% during the forecast period from 2018 - 2023. automotive segment accounted for the largest market share in 2017, this market is expected to reach usd 184.30 million in 2023 from usd 92.60 million in 2017. this market is projected to grow at a cagr of 12.23% during the forecast period from 2018 - 2023. hardware segment accounted for the largest market share in 2017, this market is expected to reach usd 357.30 million in 2023 from usd 212.20 million in 2017. this market is projected to grow at a cagr of 9.13% during the forecast period from 2018 - 2023. however, services segment is the fastest growing market, which is expected to grow at a cagr of 13.79% during the forecast period 2018 - 2023. vibration analyzers segment accounted for the largest market share in 2017, this market is expected to reach usd 329.70 million in 2023 from usd 181.20 million in 2017. this market is projected to grow at a cagr of 10.56% during the forecast period from 2018 - 2023. however, embedded systems segment is the fastest growing market, which is expected to grow at a cagr of 12.77% during the forecast period 2018 - 2023. on premise segment accounted for the larger market share in 2017, this market is expected to reach usd 475.80 million in 2023 from usd 286.70 million in 2017. this market is projected to grow at a cagr of 8.85% during the forecast period from 2018 - 2023. however, cloud segment is the fastest growing market, which is expected to grow at a cagr of 14.11% during the forecast period 2018 - 2023.