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Machine Condition Monitoring Equipment: Global Strategic Business Report

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    Report

  • 304 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338488

Global Machine Condition Monitoring Equipment Market to Reach $5.1 Billion by 2030

The global market for Machine Condition Monitoring Equipment estimated at US$2.7 Billion in the year 2022, is projected to reach a revised size of US$5.1 Billion by 2030, growing at a CAGR of 8.2% over the analysis period 2022-2030. Vibration Monitoring Equipment, one of the segments analyzed in the report, is projected to record 8.4% CAGR and reach US$2.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Thermography Equipment segment is readjusted to a revised 8.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $731.8 Million, While China is Forecast to Grow at 12.7% CAGR

The Machine Condition Monitoring Equipment market in the U.S. is estimated at US$731.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 12.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 7.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.

Select Competitors (Total 103 Featured) -

  • ALS Limited
  • Azima DLI LLC
  • Brüel & Kjær Vibro
  • ClampOn AS
  • Cosasco
  • Crystal Instruments
  • CTRL Systems, Inc.
  • Data Physics Corporation
  • Emerson Electric Co.,
  • FLIR Systems, Inc.
  • Fluke Corporation
  • General Electric
  • Honeywell Process Solutions
  • ITT Corporation
  • Meggitt PLC
  • National Instruments Corporation
  • Parker Hannifin Corp.
  • Parker Kittiwake
  • PCB Piezotronics, Inc.
  • Rockwell Automation, Inc.
  • Schaeffler Technologies AG & Co. KG
  • Shinkawa Electric Co., Ltd.
  • SKF
  • SPM Instrument AB

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Condition Based Maintenance Comes Out of the Shadows as Smart Management of Assets Spirals into the Spotlight
  • Recent Market Activity
  • Market Overview
  • From Corrective to Prescriptive, Machine Condition Monitoring Makes Its Evolutionary Turn Towards Smart Asset Management
  • Artificial Intelligence in Machine Condition Monitoring Gains Ground
  • Continued Recovery in Global GDP & Manufacturing PMI Promises Stronger Growth for the Machine Condition Monitoring Market
  • Ubiquity of Rotating Machinery in Industrial Plants Sustains the Dominance of Vibration Monitoring Systems
  • Even as the Oil Industry Regains Balance at the Back of Oil Price Rise & Supply Increases, Volatility Will Continue to Shape Strategy
  • Skyrocketing Oil Exploration Costs
  • Business Case for Operational Excellence Stands Exemplified
  • Outsourced Condition Monitoring Services to Gain Momentum
  • Growth of Precision Mechanics & the Ensuing Increase in the Use of Machine Tools to Benefit Condition Monitoring of Machine Tools
  • Market Outlook
  • Machine Condition Monitoring Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • ALS Limited (Australia)
  • Azima DLI LLC (USA)
  • Brüel & Kjær Vibro GmbH (Denmark)
  • ClampOn AS (Norway)
  • Cosasco (USA)
  • CRYSTAL INSTRUMENTS (USA)
  • CTRL Systems, Inc. (USA)
  • Data Physics Corporation (USA)
  • Emerson Electric Co. (USA)
  • FLIR Systems, Inc. (USA)
  • Fluke Corporation (USA)
  • General Electric (USA)
  • Honeywell Process Solutions (USA)
  • ITT Corporation (USA)
  • Meggitt PLC (UK)
  • National Instruments Corporation (USA)
  • Parker Hannifin Corp. (USA)
  • Parker Kittiwake (UK)
  • PCB Piezotronics, Inc. (USA)
  • Rockwell Automation, Inc. (USA)
  • Schaeffler Technologies AG & Co. KG (Germany)
  • Shinkawa Electric Co., Ltd. (Japan)
  • SKF (Sweden)
  • SPM Instrument AB (Sweden)
3. MARKET TRENDS & DRIVERS
  • Emergence of Industry 4.0 & IIoT as a Novel Support System for Intelligent Maintenance Drives Opportunities for Condition Monitoring
  • Growing Energy Consumption & Production Drives the Need for Condition Monitoring in Power Plants
  • Insatiable Need for Energy…
  • Changing Power Generation Dynamics & Rise of Peaking Power Plants
  • Technology Innovations to Support Long-Term Growth in the Market
  • Wireless Sensor Networks, Sensor Fusion & Multi-Sensor Monitoring: The Three Major Technology Buzzwords
"Maintenance from a Distance": The New Buzz Word for Prognostic Machine Health Monitoring
  • The Rise of Cloud Based Business Models Sparks a Revolution in Condition Monitoring
  • Integration of Condition Monitoring With Asset Management: A Key Strategy Aimed At Productivity Gains
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Machine Condition Monitoring Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Machine Condition Monitoring Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Vibration Monitoring Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Vibration Monitoring Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Vibration Monitoring Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Thermography Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Thermography Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Thermography Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Lubricating Oil Analysis Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Lubricating Oil Analysis Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Lubricating Oil Analysis Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Other Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Other Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Other Segments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 16: World Machine Condition Monitoring Equipment Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Machine Condition Monitoring Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 17: USA Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 18: USA Historic Review for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 19: USA 16-Year Perspective for Machine Condition Monitoring Equipment by Segment - Percentage Breakdown of Value Sales for Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments for the Years 2014, 2023 & 2030
CANADA
  • Table 20: Canada Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 21: Canada Historic Review for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 22: Canada 16-Year Perspective for Machine Condition Monitoring Equipment by Segment - Percentage Breakdown of Value Sales for Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments for the Years 2014, 2023 & 2030
JAPAN
  • Machine Condition Monitoring Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 23: Japan Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 24: Japan Historic Review for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 25: Japan 16-Year Perspective for Machine Condition Monitoring Equipment by Segment - Percentage Breakdown of Value Sales for Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments for the Years 2014, 2023 & 2030
CHINA
  • Machine Condition Monitoring Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 26: China Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 27: China Historic Review for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 28: China 16-Year Perspective for Machine Condition Monitoring Equipment by Segment - Percentage Breakdown of Value Sales for Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments for the Years 2014, 2023 & 2030
EUROPE
  • Machine Condition Monitoring Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 29: Europe Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 30: Europe Historic Review for Machine Condition Monitoring Equipment by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 31: Europe 16-Year Perspective for Machine Condition Monitoring Equipment by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
  • Table 32: Europe Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 33: Europe Historic Review for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 34: Europe 16-Year Perspective for Machine Condition Monitoring Equipment by Segment - Percentage Breakdown of Value Sales for Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments for the Years 2014, 2023 & 2030
FRANCE
  • Machine Condition Monitoring Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 35: France Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 36: France Historic Review for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 37: France 16-Year Perspective for Machine Condition Monitoring Equipment by Segment - Percentage Breakdown of Value Sales for Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments for the Years 2014, 2023 & 2030
GERMANY
  • Machine Condition Monitoring Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 38: Germany Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 39: Germany Historic Review for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 40: Germany 16-Year Perspective for Machine Condition Monitoring Equipment by Segment - Percentage Breakdown of Value Sales for Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments for the Years 2014, 2023 & 2030
ITALY
  • Table 41: Italy Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 42: Italy Historic Review for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 43: Italy 16-Year Perspective for Machine Condition Monitoring Equipment by Segment - Percentage Breakdown of Value Sales for Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments for the Years 2014, 2023 & 2030
UNITED KINGDOM
  • Machine Condition Monitoring Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 44: UK Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 45: UK Historic Review for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 46: UK 16-Year Perspective for Machine Condition Monitoring Equipment by Segment - Percentage Breakdown of Value Sales for Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments for the Years 2014, 2023 & 2030
SPAIN
  • Table 47: Spain Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 48: Spain Historic Review for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 49: Spain 16-Year Perspective for Machine Condition Monitoring Equipment by Segment - Percentage Breakdown of Value Sales for Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments for the Years 2014, 2023 & 2030
RUSSIA
  • Table 50: Russia Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 51: Russia Historic Review for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 52: Russia 16-Year Perspective for Machine Condition Monitoring Equipment by Segment - Percentage Breakdown of Value Sales for Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments for the Years 2014, 2023 & 2030
REST OF EUROPE
  • Table 53: Rest of Europe Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 54: Rest of Europe Historic Review for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 55: Rest of Europe 16-Year Perspective for Machine Condition Monitoring Equipment by Segment - Percentage Breakdown of Value Sales for Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments for the Years 2014, 2023 & 2030
ASIA-PACIFIC
  • Machine Condition Monitoring Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 56: Asia-Pacific Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 57: Asia-Pacific Historic Review for Machine Condition Monitoring Equipment by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 58: Asia-Pacific 16-Year Perspective for Machine Condition Monitoring Equipment by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
  • Table 59: Asia-Pacific Recent Past, Current & Future Analysis for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 60: Asia-Pacific Historic Review for Machine Condition Monitoring Equipment by Segment - Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 61: Asia-Pacific 16-Year Perspective for Machine Condition Monitoring Equipment by Segment - Percentage Breakdown of Value Sales for Vibration Monitoring Equipment, Thermography Equipment, Lubricating Oil Analysis Equipment and Other Segments for the Years 2014, 2023 & 2030
AUSTRALIA
  • Machine Condition Monitoring Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Machine Condition Monitoring Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Machine Condition Monitoring Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Machine Condition Monitoring Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Machine Condition Monitoring Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ALS Limited
  • Azima DLI LLC
  • Brüel & Kjær Vibro
  • ClampOn AS
  • Cosasco
  • Crystal Instruments
  • CTRL Systems, Inc.
  • Data Physics Corporation
  • Emerson Electric Co.,
  • FLIR Systems, Inc.
  • Fluke Corporation
  • General Electric
  • Honeywell Process Solutions
  • ITT Corporation
  • Meggitt PLC
  • National Instruments Corporation
  • Parker Hannifin Corp.
  • Parker Kittiwake
  • PCB Piezotronics, Inc.
  • Rockwell Automation, Inc.
  • Schaeffler Technologies AG & Co. KG
  • Shinkawa Electric Co., Ltd.
  • SKF
  • SPM Instrument AB

Table Information