Global Industrial Speed Monitoring Systems Market 2017-2021

  • ID: 4335598
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB
  • Barksdale
  • Electro-Sensors
  • ifm
  • Rockwell Automation
  • Siemens
  • MORE
About Industrial Speed Monitoring Systems

Industrial speed monitoring systems are devices or equipment that are used in industries to calculate the speed of rotating equipment and control its speed if necessary.

Under the scope of the global industrial speed monitoring systems market, tachometers, safety relays, speed transmitters, speed switches, and rotation direction switches, used for industrial purposes, have been taken into consideration.

The analysts forecast the global industrial speed monitoring systems market to grow at a CAGR of 5.42% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial speed monitoring systems market for 2017-2021. To calculate the market size, the report considers the new installations, sales value, and replacement market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Industrial Speed Monitoring Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Electro-Sensors
  • Process Control Systems
  • Rockwell Automation
  • Siemens
Other prominent vendors
  • Woodward
  • Eaton
  • Schmersal
  • Barksdale
  • SIGMATEK
  • ifm
  • Enercorp Instruments
  • Banner Engineering
Market drivers
  • Minimal repair cost
  • For a full, detailed list, view the full report
Market challenges
  • Need for multi-functional industrial speed monitoring systems
  • For a full, detailed list, view the full report
Market trends
  • Increasing use of non-contact, non-vibrating devices
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Barksdale
  • Electro-Sensors
  • ifm
  • Rockwell Automation
  • Siemens
  • MORE
PART 01: Executive Summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product type
  • Market overview
  • Global industrial speed monitoring systems market by industrial tachometers
  • Global industrial speed monitoring systems market by industrial safety relays
  • Global industrial speed monitoring systems market by industrial speed transmitters
  • Global industrial speed monitoring systems market by industrial speed switches
  • Global industrial speed monitoring systems market by industrial rotation direction switches
PART 07: Geographical segmentation
  • Market overview
  • Industrial speed monitoring devices market in Americas
  • Industrial speed monitoring systems market in APAC
  • Industrial speed monitoring systems market in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Increasing use of non-contact, non-vibrating devices
  • Use of Wi-Fi- and Bluetooth-based speed monitoring systems
  • Emergence of devices with inbuilt speed monitoring
PART 11: Vendor landscape
  • Competition overview
PART 12: Key vendor analysis
  • Prominent vendors
  • ABB
  • Electro-Sensors
  • Process Control Systems
  • Rockwell Automation
  • Siemens
  • Other prominent vendors
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: List of control devices that use safety relays
Exhibit 02: List of applications that use speed transmitters
Exhibit 03: Value chain analysis for global industrial speed monitoring systems
Exhibit 04: Key stakeholder analysis
Exhibit 05: Global industrial speed monitoring systems market 2016-2021 ($ billions)
Exhibit 06: Five forces analysis
Exhibit 07: Global industrial speed monitoring devices by product type 2016-2021 ($ million)
Exhibit 08: Global industrial speed monitoring systems market by industrial tachometers 2016-2021 ($ billions)
Exhibit 09: Global industrial speed monitoring systems market by industrial safety relays 2016-2021 ($ billions)
Exhibit 10: Global industrial speed monitoring systems market by industrial speed transmitters 2016-2021 ($ billions)
Exhibit 11: Global industrial speed monitoring systems market by industrial speed switches 2016-2021 ($ billions)
Exhibit 12: Global industrial speed monitoring systems market by industrial rotation direction switches 2016-2021 ($ billions)
Exhibit 13: Global industrial speed monitoring devices by geography 2016 and 2021
Exhibit 14: Industrial speed monitoring systems market in Americas 2016-2021 ($ billions)
Exhibit 15: Industrial speed monitoring systems market in APAC 2016-2021 ($ billions)
Exhibit 16: Key mergers and acquisitions in India 2016
Exhibit 17: Industrial speed monitoring systems market in EMEA 2016-2021 ($ billions)
Exhibit 18: Expected growth of various industries across geographies during the forecast period
Exhibit 19: Lifespan, maintenance cost, and adoption rate of industrial speed monitoring systems
Exhibit 20: Functions of an intelligent sensor
Exhibit 21: Product offerings of ABB in global industrial speed monitoring systems market
Exhibit 22: Recent developments in ABB
Exhibit 23: Product profile of Electro-Sensors
Exhibit 24: Product offerings of Electro-Sensors
Exhibit 25: Recent developments in Electro-Sensors
Exhibit 26: Product segments of Process Control Systems
Exhibit 27: Product offerings of Process Control Systems in global industrial speed monitoring systems market
Exhibit 28: Products and services of Rockwell Automation
Exhibit 29: Product offerings of Rockwell Automation in global industrial speed monitoring systems market
Exhibit 30: Recent developments of Rockwell Automation
Exhibit 31: Product offerings of Siemens in global industrial speed monitoring systems market
Exhibit 32: Recent developments in Siemens
Exhibit 33: List of other prominent vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Barksdale
  • Electro-Sensors
  • ifm
  • Rockwell Automation
  • Siemens
  • MORE
New Report Released: - Global Industrial Speed Monitoring Systems Market 2017-2021

The author of the report recognizes the following companies as the key players in the global industrial speed monitoring systems market: ABB, Electro-Sensors, Process Control Systems, Rockwell Automation, and Siemens.

Other Prominent Vendors in the market are: Woodward, Eaton, Schmersal, Barksdale, SIGMATEK, ifm, Enercorp Instruments, and Banner Engineering.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Increasing use of non-contact, non-vibrating devices. The increasing use of non-contact industrial speed monitoring systems is the current trend. Non-contact monitoring devices reduce vibration and wear and tear on the equipment and the device itself. These devices use methods such as the displacement technique to calculate the speed of a rotating component.”

According to the report, one of the major drivers for this market is Minimal repair cost. Industrial speed monitoring systems are sturdy, have a long lifespan, and are designed to withstand wear and tear in an industrial environment. These devices are often exposed to dust, moisture, and heat in industrial workplaces, which might affect the performance. In such conditions, the industrial speed monitoring devices are required to provide accurate data and enable operators to take actions accordingly.

Further, the report states that one of the major factors hindering the growth of this market is Need for multi-functional industrial speed monitoring systems. The growing need for devices that have multi-functional characteristics poses a challenge for the global industrial speed monitoring systems market. Devices such as tachometers or speed switches are limited and can perform a single function.

The increasing adoption rate of Industry 4.0 has paved the way for technological advancements in industrial monitoring components. Industrial sensor manufacturing companies have come up with multi-functional sensors, such as sensors for determining and controlling the speed of an axle. To undergo such innovation, manufacturers must incur an additional cost that will result in a slump in revenues. Innovation in industrial speed monitoring devices that can carry out secondary functions in addition to their primary functions are the need of the hour.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • ABB
  • Electro-Sensors
  • Process Control Systems
  • Rockwell Automation
  • Siemens
  • Woodward
  • Eaton
  • Schmersal
  • Barksdale
  • SIGMATEK
  • ifm
  • Enercorp Instruments
  • Banner Engineering
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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