Analysis of the Global Condition Monitoring Equipment Market

  • ID: 3160845
  • Report
  • Region: Global
  • 104 Pages
  • Frost & Sullivan
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Cautious Optimism Despite Strong Headwinds
The condition monitoring equipment market is going through a difficult phase. Growing concerns about the global economy, turbulent oil prices, and geopolitical factors are challenging the market. Despite these challenges, pockets of opportunities across the industry have helped sustain the market.

This assessment of the global condition monitoring equipment market in 2014 covers vibration condition monitoring equipment, lubricating oil analysis equipment, and thermography equipment. This report identifies key opportunities for growth while detailing key challenges and possible threats. The forecast period is from 2015 to 2019, with 2014 as the base year.

After a strong recovery in 2010 and continued growth in 2011, the global condition monitoring equipment market experienced difficulties in 2012 and 2013. Demand for new condition monitoring equipment remained mostly flat, with Europe as a particularly challenging market for equipment vendors; however, stability in North America and encouraging signs in Asia-Pacific (APAC) point to a stronger performance throughout the forecast period.

Condition monitoring equipment has been used for several decades to maximize performance from asset investments, attaining greater productivity and enhancing savings. In the past, condition monitoring equipment was viewed as a complex and expensive maintenance solution that was suitable only for monitoring highly critical rotating machinery.

Improved and advanced technology, however, has made predictive maintenance more widely accepted and available to the masses. Over the past decade, condition monitoring solutions have become more affordable and have progressed greatly in terms of usability and diagnostic capability.
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1. Executive Summary
  • Key Findings
  • Market Engineering Measurements
  • CEO’s Perspective
2. Market Overview
  • Market Definitions
  • Key Questions This Study Will Answer
  • Market Segmentation
3. Drivers and Restraints - Total Condition Monitoring Equipment Market
  • Market Drivers
  • Drivers Explained
  • Market Restraints
  • Restraints Explained
4. Forecasts and Trends - Total Condition Monitoring Equipment Market
  • Market Engineering Measurements
  • Forecast Assumptions
  • Revenue Forecast
  • Revenue Forecast Discussion
  • Pricing Trends Discussion - Vibration Condition Monitoring Equipment Segment
  • Pricing Trends Discussion - Lubricating Oil Analysis Equipment Segment
  • Pricing Trends Discussion - Thermography Equipment Segment
  • Percent Revenue Forecast by Region
  • Revenue Forecast by Region
  • Revenue Forecast Discussion by Region
  • Revenue Forecast by End-user Industry
  • Revenue Forecast Discussion by End-user Industry
5. Market Share and Competitive Analysis - Total Condition Monitoring Equipment Market
  • Market Share
  • Market Share Analysis
  • Competitive Environment
  • Top Competitors
  • Competitive Factors and Assessment
6. Mega Trends and Industry Convergence Implications
  • Mega Trend Impact on the Global Condition Monitoring Equipment Market
  • Connectivity and Convergence
  • Big Data Analytics
  • Benchmarking Top Industries by Commercial Attractiveness
  • Industry Convergence - Big Data and Condition Monitoring
  • Opportunities for Big Data and Industrial Condition Monitoring
  • Top 3 Trends Driving Big Data in Condition Monitoring
  • Impact of Big Data on the Global Condition Monitoring Equipment Market
  • Case Study - GE’s Industrial Internet Platform
7. Vibration Condition Monitoring Equipment Segment Analysis
  • Vibration Condition Monitoring Equipment Segment Key Findings
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion
  • Percent Revenue Forecast by Product Type
  • Revenue Forecast by Product Type
  • Revenue Forecast Discussion by Product Type
  • Vibration Monitoring Services
  • Percent Revenue Forecast by Region
  • Revenue Forecast by Region
  • Revenue Forecast Discussion by Region
  • Revenue Forecast by End-user Industry
  • Revenue Forecast Discussion by End-user Industry
  • Market Share
  • Market Share Analysis
  • Competitive Environment
8. Lubricating Oil Analysis Equipment Segment Analysis
  • Lubricating Oil Analysis Segment Key Findings
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion
  • Percent Revenue Forecast by Region
  • Revenue Forecast by Region
  • Revenue Forecast Discussion by Region
  • Revenue Forecast by End-user Industry
  • Revenue Forecast Discussion by End-user Industry
  • Market Share
  • Market Share Analysis
  • Competitive Environment
9. Thermography Equipment Segment Analysis
  • Thermography Equipment Segment Key Findings
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion
  • Revenue Forecast by Region
  • Revenue Forecast Discussion by Region
  • Revenue Forecast by End-user Industry
  • Revenue Forecast Discussion by End-user Industry
  • Market Share
  • Market Share Analysis
  • Competitive Environment
10. The Last Word
  • The Last Word - 3 Big Predictions
  • Legal Disclaimer
11. Appendix
  • Market Engineering Methodology
  • List of Other Companies
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