"Rising Demand for Protection of Machines by Absorbing the Vibration Is Driving Machine Mounts Market"

Globally, the machine mounts market is expected to grow with a CAGR of 6.8% during the forecast period from 2023 to 2030 and is expected to record a market value of US$ 3.08 Bn by 2030. Machine Mounts are defined as an attachment for a machine, which is made up of rubber or metal are usually, attached on the bottom of the machine with the help of bolts. These are used to absorb vibration. The machine mounts have a wide range of industrial applications and are used in compressors, air conditioners, military equipment, power generators, medical equipment, and others.

There are several benefits of using machine mounts due to their ability to absorb the vibration of the machines so that there is no disturbance in the outer environment and to maintain the internal functionality of the machine. Additionally, there are high-tech mounts that offer safety features, which protects the mounting, and the machine that it is attached to. Such features increases the adoption of machine mounts and thus drives the growth of this market during the forecast period. End use industries such as oil and gas, and mining industries are experiencing an impact of automation, which boosts the machine mounts market.

"Machine Mounts with Anti-Vibration Mounts its Type Segment Continue Dominating the Market"

In 2021, the overall machine mounts market was led by the anti-vibration mounts segment which held more than 1/3rd of the market share and is expected to dominate the market in near future. The anti-vibration mounts are used for various applications such as a HAVC system, compressors, huge machines, and process machines, and others to absorb the vibration of the machines so that there is no effect on the functionality and performance of the machines. Moreover, the segment is expected to be the fastest growing segment during the forecast period.

"Europe Dominates the Market by Region"

The global machine mounts market was led by Europe by holding around 1/3rd of the overall market share, due to developments in various industrial sectors such as manufacturing, healthcare, automotive, consumer products, textile, chemicals, and others. These sectors require heavy machines for the production process, which drives the demand for machine mounts. Based on the countries, Germany dominates the market due to the presence of various manufacturing industries in the market.

Some of the prominent players operating in the machine mounts market includes Cummins Inc., Trelleborg AB, LORD Corporation, Total Vibration Solutions Ltd., Hutchinson SA, VibraSystems Inc., NHK Group, Nu-Tech Engineering Services Ltd., Sunnex Group, Rosta AG, Industrial Components Group, Vishwaraj Rubber Industries, Fibet Group, IAC Acoustics, and Kurashiki Kako Co., Ltd.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Machine Mounts market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Machine Mounts market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Machine Mounts market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Machine Mounts market?
• Which is the largest regional market for Machine Mounts market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Machine Mounts market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Machine Mounts market worldwide?