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 increase in shipbuilding, ship repair & maintenance activities and growth in international trade.
The incorporation of technologies such as IoT and machine learning are changing the way vibration analysis is carried out. Many companies have started adopting these technological advancements to quickly analysis and solve the issue of vibrations. Rubber Mounts For Air Conditioner
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.
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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.
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.
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