According to a recent market study published by Growth Market Reports, titled, “Passive Isolation Equipment Market by Types, by Applications, and by Region, Size, Share, Trends and Opportunity Analysis, 2018-2028”, the market was valued at US$ 1,619.6 Million in 2020 and is expected to grow at a moderate growth rate of 4.6% by the year 2028. The increasing product penetration through various retail channels is expected to fuel the market growth during the forecast period.

Vibrations from equipment are isolated using passive technology. Isolation is achieved via passive techniques by reducing the ability of vibrations to be coupled to the isolated item. This is accomplished by using a mechanical connection that redirects or dissipates vibration energy before it reaches the item to be isolated. Electromechanical controls for system adjustment are sometimes used in passive techniques, although the isolation mechanism is still passive.

Passive systems are less expensive than active systems, as they use springs, fluids, elastomers, or negative-stiffness components. They are safe and dependable, due to their relative simplicity. Passive vibration isolation refers to the use of passive shock reduction measures such as mechanical springs or rubber pads attached to a vibrating object.

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A passive vibration isolation system has three main components that act together as a harmonic oscillator: spring (K), an isolated mass (payload), and a damper (C). Natural frequency of the isolation system is determined by the payload and spring stiffness. The damper eliminates the oscillation increased within the isolation system, while the spring (isolator) inhibits floor vibrations from being communicated to the isolated payload. For its low resonance frequency, pneumatic springs are frequently used in passive vibration isolation systems. Pneumatic systems provide excellent vibration isolation and damping in a variety of applications.

Passive vibration isolation systems are affordable and effective at reducing high-frequency vibration. However, their natural resonance is affected in some applications, due to low-frequency vibration. Passive vibration isolation systems have a long settling time, are difficult to manage, and have low-frequency resonance.

The passive isolation equipment market is expected to witness a decline in year-on-year growth for 2020 as compared to for previous year 2019. Interruption in the supply chain of passive isolation equipment across the globe due to the spread of COVID-19, has a moderate negative impact on the product sales. Thus, the import and export of passive isolation equipment has witnessed slight decrease in sales in 2020. The partial closing of manufacturing units and retail centers in first and second quadrants of 2020 had a significant impact on the sales of the passive isolation equipment. Moreover, inadequate raw material supply and lack of available workforce for production of passive isolation equipment in the first and second quadrant of 2020 had hampered the market growth in 2020.

As per Growth Market Reports industry analyst Rajat Verma, “The Passive Isolation Equipment Market is anticipated to witness significant growth during forecast period 2020-2028. The market is projected to grow at a rapid pace, due to increasing usage of passive isolation equipment associated with convenience and comfort of passengers. Moreover, rising demand for passive isolation equipment in vibration control applications is expected to fuel the market during the forecast period. The key players are engaged in advertising their passive isolation equipment through social media platforms including Instagram, Facebook, and Twitter.”

The Coronavirus disease 2019 (COVID-19) pandemic has highlighted economic disparities in the global demand in the crises of global interdependence and governance challenges. Epidemics are isolated concerns for businesses and prospects for emerging patterns and vulnerabilities. According to the current pandemic situation, strict measures are required for monitoring the situation, which in turn, affect businesses causing unanticipated short and long-term effects.

Consequently, epidemics and pandemics are problems for individual market and an enhancement of existing dynamics and limitations. In the long-term, COVID-19 can serve as another opportunity for manufacturers to reconsider their commitment to the supply chain in regions prone to outbreaks and to reconfigure themselves regionally. In current scenario, COVID-19 is hampering the production process of several manufacturing industries and businesses. Moreover, trade barriers are further reducing the demand-supply of various products and services.

Key Takeaways from the Study

  • The players including Trelleborg Group, Parker LORD, GMT Rubber-Metal-Technic Ltd, and Getzner Werkstoffe GmbH hold a major market share of passive isolation equipment market in year 2020.
  • In terms of value, the mounts segment accounted for substantial share of the market in 2020 and is expected to expand at a significant CAGR during the forecast period.
  • In terms of value, the manufacturing segment held significant share of the market in 2020, and is expected to expand at a substantial CAGR during the forecast period.

Report Scop

Report Metric

Details

Market Value in 2020

US$ 1,619.6 Million

Market Growth Rate (from 2020 to 2028)

4.6%

Historical Data

2018, & 2019

Base Year

2020

Forecast Period

2021 - 2028

Units Considered

Value (US$ Million)

Market Segments

by Types, by Applications and by Region

Key Companies Profiled

TMC, Integrated Dynamics Engineering GmbH, Thorlabs, Inc., Kinetic Systems, Inc., Holmarc Opto-Mechatronics (P) Ltd., Trelleborg Group, GMT, Rubber-Metal-Technic Ltd, Parker LORD, Getzner Werkstoffe GmbH, Polymer Technologies, Inc.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Manufacturers, raw material suppliers, and distributors
  • Demand Side: Construction, HVAC, Transportation, Manufacturing, and Others
  • Regulatory Side: Concerned government authorities, and other regulatory bodies.
  • Associations and Industry Bodies: SME (Society of Manufacturing Engineers) and others.