Global Passive Isolation Equipment Market By Types (Vibration Isolation Table, Flexible Materials, Springs, Mounts and Others), Applications (Construction, HVAC, Transportation, Manufacturing and Others), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
Market Outlook:
The global Passive Isolation Equipment market was valued at USD 1,619.6 Million in 2020 and is projected to reach USD 2,294 Million by 2028, expanding at a CAGR of 4.6% 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.
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.
Increasing number of strategies such as mergers & acquisitions, agreements, partnerships, and product launches among companies to establish themselves as providers of passive isolation equipment are anticipated to create lucrative opportunities in the market in the near future. Rising adoption of various strategies by market players to increase their presence and share in the market is expected to create growth opportunities in the market.
Market Dynamics
Rapid Growth of Automotive and Aviation Industry
Demand for various types of vibration control systems such as automation control, motion control, vibration control, and others expanded greatly, as the automobile sector and aviation industry grew significantly in the recent years. Anti-vibration systems are used in the automotive sector to eliminate vibrations and enhance vehicle efficiency and component durability. This is expected to boost the market during the forecast period. The vibration control system is used in aircraft to reduce vibrations. Development of upgraded vibration control systems in aircraft to eliminate vibrations is the key factor that drives the passive isolation equipment market.
Rising concerns for safety and security of mechanical devices
Rising concerns for the safety and security of mechanical devices is a major factor driving the passive isolation equipment. Passive isolation equipment helps reduce vibrations and enhances the lifespan of machinery. Use of vibration control is accelerating for various factors such as high production rates, enhanced productivity, improved safety, and product quality. Growing demand for improved performance and safety of health care equipment and vehicles in healthcare and transportation industries is anticipated to boost the demand for passive isolation equipment during the forecast period.
Strict Government Policies
Various policies and regulations implemented by governments in various nations throughout the world regulating the production of passive isolation equipment are expected to have a significant effect on the product growth and pricing. Strict industry restrictions, high maintenance & replacement, and difficulties in component reliability are expected to hinder the market growth in the next few years.
Technological Advancements in Passive Isolation Equipment
Technological innovations helps to enhance product quality and efficiency. Growing demand for self-controlling, cognitive, and adaptive vibration control systems as well as technology advancements such as web-based continuous machine status monitoring and active vibration control systems in aircraft are expected to create immense opportunities for market players. Players are investing in the research and development process, considering raw materials, temperature, and pressure. This is expected to create opportunities for the global passive isolation equipment market.
Segmental Outlook
Based on types, the global passive isolation equipment market is segmented into vibration isolation table, flexible materials, springs, mounts, and others. The mount segment held a significant share of the market in 2020, as it is capable of absorbing high frequencies and vibrations. The flexible material segment is expected to grow rapidly, as it uses rubber, which has properties of absorbing vibrations.
On the basis of applications, the global passive isolation equipment market is classified as construction, HVAC, transportation, manufacturing, and others. The construction segment is expected to grow at a rapid pace, owing to urbanization. The transportation segment is expected to hold a substantial share of the market, owing to rising import and export of commodities.
Regional Outlook
Based on regions, the global passive isolation equipment market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to hold a substantial share of the market, owing to technological advancements in the region. The market in regions is also expected to grow at a rapid pace, due to rising construction and urbanization in the region.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Global Passive Isolation Equipment Market
- Historical, Current and Projected Market Size in terms of Value
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Passive Isolation Equipment Market Performance
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passive Isolation Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Passive Isolation Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passive Isolation Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Passive Isolation Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Passive Isolation Equipment Market Size & Forecast, 2017-2027
4.5.1 Passive Isolation Equipment Market Size and Y-o-Y Growth
4.5.2 Passive Isolation Equipment Market Absolute $ Opportunity
Chapter 5 Global Passive Isolation Equipment Market Analysis and Forecast by Types
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Types
5.1.2 Basis Point Share (BPS) Analysis by Types
5.1.3 Absolute $ Opportunity Assessment by Types
5.2 Passive Isolation Equipment Market Size Forecast by Types
5.2.1 Vibration Isolation Table
5.2.2 Flexible Materials
5.2.3 Springs
5.2.4 Mounts
5.2.5 Others
5.3 Market Attractiveness Analysis by Types
Chapter 6 Global Passive Isolation Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Passive Isolation Equipment Market Size Forecast by Applications
6.2.1 Construction
6.2.2 HVAC
6.2.3 Transportation
6.2.4 Manufacturing
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passive Isolation Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Passive Isolation Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Passive Isolation Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Passive Isolation Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Passive Isolation Equipment Market Size Forecast by Types
9.6.1 Vibration Isolation Table
9.6.2 Flexible Materials
9.6.3 Springs
9.6.4 Mounts
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Types
9.8 Absolute $ Opportunity Assessment by Types
9.9 Market Attractiveness Analysis by Types
9.10 North America Passive Isolation Equipment Market Size Forecast by Applications
9.10.1 Construction
9.10.2 HVAC
9.10.3 Transportation
9.10.4 Manufacturing
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Passive Isolation Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Passive Isolation Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Passive Isolation Equipment Market Size Forecast by Types
10.6.1 Vibration Isolation Table
10.6.2 Flexible Materials
10.6.3 Springs
10.6.4 Mounts
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Types
10.8 Absolute $ Opportunity Assessment by Types
10.9 Market Attractiveness Analysis by Types
10.10 Europe Passive Isolation Equipment Market Size Forecast by Applications
10.10.1 Construction
10.10.2 HVAC
10.10.3 Transportation
10.10.4 Manufacturing
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Passive Isolation Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passive Isolation Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Passive Isolation Equipment Market Size Forecast by Types
11.6.1 Vibration Isolation Table
11.6.2 Flexible Materials
11.6.3 Springs
11.6.4 Mounts
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Types
11.8 Absolute $ Opportunity Assessment by Types
11.9 Market Attractiveness Analysis by Types
11.10 Asia Pacific Passive Isolation Equipment Market Size Forecast by Applications
11.10.1 Construction
11.10.2 HVAC
11.10.3 Transportation
11.10.4 Manufacturing
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Passive Isolation Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Passive Isolation Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Passive Isolation Equipment Market Size Forecast by Types
12.6.1 Vibration Isolation Table
12.6.2 Flexible Materials
12.6.3 Springs
12.6.4 Mounts
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Types
12.8 Absolute $ Opportunity Assessment by Types
12.9 Market Attractiveness Analysis by Types
12.10 Latin America Passive Isolation Equipment Market Size Forecast by Applications
12.10.1 Construction
12.10.2 HVAC
12.10.3 Transportation
12.10.4 Manufacturing
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Passive Isolation Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passive Isolation Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Passive Isolation Equipment Market Size Forecast by Types
13.6.1 Vibration Isolation Table
13.6.2 Flexible Materials
13.6.3 Springs
13.6.4 Mounts
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Types
13.8 Absolute $ Opportunity Assessment by Types
13.9 Market Attractiveness Analysis by Types
13.10 Middle East & Africa (MEA) Passive Isolation Equipment Market Size Forecast by Applications
13.10.1 Construction
13.10.2 HVAC
13.10.3 Transportation
13.10.4 Manufacturing
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Passive Isolation Equipment Market: Competitive Dashboard
14.2 Global Passive Isolation Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details - Overview, Financials, Developments, Strategy)
14.3.1 TMC
14.3.2 Integrated Dynamics Engineering GmbH
14.3.3 Thorlabs, Inc.
14.3.4 Kinetic Systems, Inc.
14.3.5 Holmarc Opto-Mechatronics (P) Ltd.
14.3.6 Trelleborg Group
14.3.7 GMT Rubber-Metal-Technic Ltd
14.3.8 Parker LORD
14.3.9 Getzner Werkstoffe GmbH
14.3.10 Polymer Technologies, Inc.