Electrodynamic Shaker Systems Market Size, Share & COVID-19 Impact Analysis, By Product Type (Air Cooled System and Water Cooled System), By Application (Automotive, Aerospace, Military & Defense, Consumer Electronics, Education & Research and Others), and Regional Forecast, 2021-2028

The global electrodynamic shaker systems market size was USD 1.01 billion in 2020. The global impact of COVID-19 has been unprecedented and staggering, with electrodynamic shaker systems witnessing a negative demand shock across all regions amid the pandemic. Based on our analysis, the global market exhibited a huge decline of -3.7% in 2020. The market is projected to grow from USD 1.05 billion in 2021 to USD 1.63 billion in 2028 at a CAGR of 6.5% in the 2021-2028 period. The sudden rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over.

The rapidly growing aerospace & defense, automotive, and marine industry is a key factor driving the product demand. The solutions and components considered under these sectors mainly require more stringent performance qualification standards, advanced engineering support, and remote troubleshooting. Major electrodynamic shaker systems manufacturers are constantly focusing on upgrading their existing technology and catering to the customized solutions of the customers to stay competitive and expand their market share at the regional and global levels. In February 2020, DongLing Technologies introduced a vibration testing solution for testing Li-ion battery modules of electric vehicles at Automotive Testing Expo 2020.

Manufacturing Sector Experiences Major Supply Chain Disruption amid COVID-19

The global manufacturing sector was already decelerating in 2019 owing to the trade tensions amongst the dominant countries. It is further projected to decline due to the economic and supply chain disruptions triggered by COVID-19. Several business functions across automotive, data processing, networking, and communications have been adversely affected leading to sluggish growth of the manufacturing sector worldwide.

According to the UNIDO Statistics Division, the global manufacturing sector output was affected by the social and economic lockdowns observed across the nations in early 2020. For instance, the manufacturing output index of China observed a noticeable decline from 134.0 in Dec 19 to 99.8 points in Jan 2020. Besides, the downturn in the automotive industry majorly observed due to massive disruptions in regional and global value chains, duties/tariffs applied or threatened from the US to China/Europe, norms and regulations about car pollution, etc., dramatically slashed the automotive sales in the ongoing pandemic phase. The new car sales decreased compared to 2018, and new car models in tooling recorded a 15% drop versus 2018.

Nevertheless, in the long term, the electrodynamic shaker systems sales are projected to grow significantly owing to an increase in global trade values and investment in sectors such as automotive, industrial, consumer electronics, etc.

LATEST TRENDS

Increasing Focus on Facility Expansion Globally is Observed as a Prominent Trend

Players indulged in providing testing services and advanced material solutions are focusing on expanding their testing facilities to develop these shaker systems more efficiently. For instance, in August 2020, Badische Anilin und Soda Fabrik (BASF) acquired Solvay polyamide business to expand its portfolio with new technologies, technical expertise, and gain competitiveness in advanced material and part testing. Also, such a strategic move will enable BASF to enhance its R&D capabilities in Asia Pacific. Moreover, it will aid the company to leverage the opportunities provided by the growing demand for versatile part-testing capabilities such as electrodynamic shaker, burst, glycol circulation, oil separation, and stone impact.

The rising penetration of electric cars across developed and developing economies is another factor responsible for propelling the growth of this shaker system. For instance, in January 2021, Tesla Inc. installed Crystal Instruments and Sentek Dynamics massive shakers at its United States plant in order to measure accuracy and control of mechanical vibration and shock testing.

DRIVING FACTORS

Demand for Electric Vehicles to Bolster Electrodynamic Shaker Systems Market Growth

The involvement of regulatory bodies to reduce carbon emissions is a major factor behind the emergence of electric vehicles. According to the European regulation, the U.K. and France have promised to ban the sale of new petrol and diesel vehicles by 2040. Similarly, other developed countries mainly China, Japan, and India are focusing on banning fuel vehicles and producing electric and hybrid cars.

Players in this market are introducing new innovative products to meet the international emission standards. For instance, IMV company introduced the eco-technology electrodynamic vibration test system, A74. The system allows customers to save up to 80% on running costs and conduct quieter tests with a lower carbon footprint. Owing to this, this market is likely to grow in the forthcoming years. 

RESTRAINING FACTORS

Occurrence of High Vibration due to Unbalanced Electromagnetic Force to Hinder Growth

Shaker systems are considered to be one of the vital tools for testing the vibration durability of mechanical products. However, unbalance in radial electromagnetic force and misalignment of the centroid table or test piece results in generating high vibration leads to reduced vibration accuracy of the product. Besides, strict standards in equipment procurement, presence of strong competitors, brand-centric, and high-quality customer base are proving to be few restraining factors for local authorized and unauthorized players to strengthen their presence in the local market.

SEGMENTATION

By Product Type Analysis

Water Cooled System Segment to Show Higher Growth Rate Backed by Increasing Penetration across End-use Verticals

Based on the product type, the global market is segmented into air cooled electrodynamic shaker systems and water cooled electrodynamic shaker systems.

Water cooled systems are used for many different applications, such as testing automotive sub-assemblies, large electronic components, military and defense components, and fully assembled satellites. Factors such as massive investments in developing technologically advanced water cooled shakers and major manufacturers focusing on expanding their product lines are expected to help key players increase their revenue and market share. 

The air cooled systems segment is anticipated to show moderate growth of the market in the forthcoming years. This is mainly due to its capacity for vibration and mechanical shock testing of medium-to-large payloads. Also, these shakers provide high lateral and torsional stiffness to provide maximum stability and support. This produces high performance and low distortion levels.

By Application Analysis

Consumer Electronics Segment to Lead Backed by Rising Concerns for Diagnostic Investigations of Small Components

Based on the application, the market is segmented into automotive, aerospace, military & defense, education and research, and others.

The consumer electronics segment is anticipated to exhibit the highest growth in the forthcoming years owing to the rising concerns to test the components and other electrical controllers integrated with consumer goods. Also, the growing demand for consumer electronics backed by increasing expenditure of the consumers, rising population, and emergence of advanced technologies in electronic products are further responsible for driving this market.

The automotive, military & defense, and aerospace segments are likely to showcase considerable growth owing to the increasing penetration of electric vehicles, stringent government standards to test military & defense instruments and components, massive foreign direct investments to expand aerospace testing facilities and labs, and others.

The education & research segment is anticipated to showcase slower growth in the forthcoming years owing to the rising construction of educational, research, and laboratory environments.

REGIONAL INSIGHTS

Geographically, the market is segmented across five major regions, namely, North America, South America, Europe, the Middle East and Africa, and Asia Pacific. They are further categorized into countries.

Asia Pacific is anticipated to emerge dominant in the global market during the forecast period. This dominance is attributable to the stringent governmental standards to develop and monitor critical components. Moreover, the rising automotive industry and the presence of major electrodynamic shaker systems providers operating are the major factors contributing to the market growth in the region. In addition to this, massive investments in constructing laboratories and testing centers, and key market players expanding their research & development facilities are further driving the electrodynamic shaker systems.

North America is expected to grow at a high rate in the coming years owing to manufacturers massive funding in conducting research & development activities. Also, major suppliers focus on establishing testing facilities in other geographical areas to cater to the local market’s demand. The rapid advancements in electrodynamic shaker and controller components are further adding to the product demand.

Following North America, Europe is anticipated to showcase moderate growth backed by the presence of major automotive vendors deploying energy-saving electrodynamic simulation system (ECO-Shaker) and multi-axis dynamic simulation system to accelerate its testing activities in minimal time further responsible for increasing penetration of the market.

The Middle East and Africa is forecast to grow at a steady rate owing to major vendors emphasizing on expanding their research & development hubs and service stations in developing economies, rising adoption of electric vehicles, and growing automobile industry, and others.

South America is likely to grow at a slow rate backed by stringent governmental laws to investigate critical electronic components mainly in industries such as aerospace & defense, consumer electronics, and others further driving the market.

KEY INDUSTRY PLAYERS

Key Players Focus on Pushing their Product Portfolio to Industry Suppliers across Aerospace & Defense and Marine to Gain Traction

Prominent players are focusing on selling their vibration equipment and accessories to industries such as aerospace & defense and marine industries to support greater volume and more complex testing procedures. For instance, in May 2020, Marotta Controls announced the expansion of its testing capabilities to cater to the demand from the defense sector, wherein stringent performance qualification standards are required than other commercial or industrial markets. The testing facility would include pneumatic testing, high flow testing, vibration testing, and other common environmental stress and proof testing services.

LIST OF KEY COMPANIES PROFILED:

• Brüel & Kjær. (Denmark)


• Vibration Research Corp. (United States)


• Su Shi Testing Group (China)


• IMV Corporation (Japan)


• Thermotron (United States)


• MB Dynamics, Inc. (United States)


• Unholtz-Dickie (United States)


• TIRA GmbH (Germany)


• EMIC corporation. (Japan)


• Sentek Dynamics (United States)

KEY INDUSTRY DEVELOPMENTS:

• January, 2021 – IMV Corporation introduced the next generation vibration controller IMV K2+ to improve usability, network functions, and performance of the vibration system.


• August, 2020 – NTS, a California-based laboratory, expanded its environmental and EMI/EMC testing capabilities to meet customers’ schedule demands. Furthermore, the lab introduced a novel electro-dynamic shaker, secured multiple combination temperature and vibration testing chambers, and procured new equipment for the purpose of testing ingress protection.

REPORT COVERAGE

The global electrodynamic shaker systems market research report provides an in-depth analysis of the market dynamics and competitive landscape. It also offers various key insights including recent industry developments in this market, such as mergers & acquisitions, macro, and microeconomic factors, SWOT analysis, and company profiles.

Report Scope & Segmentation