The global shipbuilding anti-vibration market size is projected to reach USD 1253 million by 2027 from USD 958 million in 2022, at a CAGR of 5.5% during the forecast period. The shipbuilding anti-vibration market is projected to register positive growth during the forecast period. This growth rate is attributed to the high demand for ships that offer high comfort,high growth opportunities in cruise ships, bulk carriers and tugs application.
Based on product type, the shipbuilding anti-vibration market is segmented into mounts, bearing pads, washers, bellows, and others. The shipbuilding anti-vibration market is mainly driven by the growth in international trade coupled with the increasing application of anti-vibration products such as mounts, bearing pads, and bellows in maritime transport. Mounts are ideal for mobile applications like commercial ships, boats, and tugs.
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Based on application, the shipbuilding anti-vibration market is segmented into bulk carriers, oil tankers, container ships, cruise ships, sailboats, motorboats, fishing boats, yachts, and tugs. The rise in demand for cargo transportation, technological development in marine vessel engines, and the gradual rise in international seaborne trade have boosted the global shipbuilding anti-vibration market.
Based on function type, the shipbuilding anti-vibration market is segmented into engine vibration, HVAC vibration, generators & pumps, and others (air vibration and wave vibration). The engine vibration segment holds a significant share in the shipbuilding anti-vibration market. To overcome vibrations, many players such as Trelleborg, Hutchinson Paulstra, Parker LORD, and AV Industrial Products Ltd. are offering anti-vibration mounts.
Based on material, the shipbuilding anti-vibration market is segmented into elastomer, plastics, and others. Elastomers hold a significant share in shipbuilding anti-vibration market. They are used in various types of shipbuilding anti-vibration products such as mounts, bellows, bearing pads, washers, and bushes.
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Asia Pacific is the largest market for shipbuilding anti-vibration. The region's growth is mainly due to the rapid economic growth, particularly in the transportation and shipbuilding industries. Countries such as China, Japan, and South Korea are considered the main manufacturing hubs for shipbuilding. The rise in seaborne trade has subsequently led to increased demand for ships to transport manufactured goods to various regions worldwide. Thus, the increase in the number of ships has contributed to the growing demand for the shipbuilding anti-vibration market in the Asia Pacific.
The shipbuilding anti-vibration market is dominated by a few globally established players such as Trelleborg (Sweden), Parker LORD (US), Hutchinson Paulstra (France), GMT Rubber-Metal-Technic Ltd. (UK), and Continental (Germany). These players have adopted various growth strategies such as agreements & collaborations, mergers & acquisitions and new product launches to increase their presence in the global market.
Trelleborg was the largest player in the shipbuilding anti-vibration market in 2021. The company provides has a wide product portfolio of anti-vibration for marine application. It has a presence in over 150 countries with more than 100 production units with 29 R&D centers. The company emphasis on R&D and has adopted merger & acquisitions, new product launch, and agreement & collaboration as it’s business strategy to strengthen its leading position in the shipbuilding anti-vibration market. In March 2016, Trelleborg acquired Loggers Rubbertechniek B.V. (Netherlands) that provides specially engineered anti-vibration solutions for marine applications.
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Parker LORD is one of the key players in the shipbuilding anti-vibration market with presence in 26 countries and operates 19 manufacturing facilities and 10 R&D centers worldwide. The company has manufacturing centers in Brazil, China, Germany, India, Italy, Japan, South Korea, and US.
The company offers anti-vibration products for marine industry. It has adopted merger & acquisition and agreement & collaboration as its key business strategies to improve its share in the shipbuilding anti-vibration market. In November 2021, the company has named Ashton Seals as its partner for the distribution of industrial vibration isolation products in the UK.
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The global Cylindrical Anti-Vibration Mount Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Cylindrical Anti-Vibration Mount Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/cylindrical-anti-vibration-mount-market/download-sampleMarket DynamicsVibration in industrial equipment denotes a sign and a source of trouble.
The use of vibration isolators is an integral part of reducing noise and vibration from industrial plants and mechanical equipment installed at places.
Increased focus on the control of sound at places like offices, residential apartments, studios, hospitals and research laboratories, theatres, auditoriums, schools and universities, and other critical low noise spaces meant an increasing requirement for vibration isolation influences of external and internal noise.
Research is driven by growing demand for low cost, quiet operation, and increased operator comfort requirements in automobiles.
Global Automotive Anti Vibration Mounting Market was valued at US$ 5123Mn in 2017 and is expected to reach US$ 6145Mn by 2026, at a CAGR of 2.3% during a forecast period.
Major driving factors of the automotive Anti vibration mounting market are increasing factors to rise in the production and sales of vehicles have been on the rise across the world to meet the rising demand from increasing urban population in emerging economies such as China, India and European countries.
These General Industry mountings are known for features like high durability, heat resistance and preciseness.
In passenger vehicle rising preference owes to it better safety and less cost of maintenance.
There are stringent regulations pertaining to the use of anti-vibration systems in order to reduce noise pollution and improve the safety and efficiency of engineering equipment.
Manufacturer are becomes imperative to reap the advantages of modern manufacturing practices to ensure higher part accuracies and productive efficiency to ultimately maximize profits in automotive anti vibration mounting market.
