Global Machine Condition Monitoring Sensors Market 2017-2021

  • ID: 4400157
  • Report
  • Region: Global
  • 81 pages
  • TechNavio
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FEATURED COMPANIES

  • CM Technologies
  • Fluke
  • ifm electronic
  • Meggitt
  • National Instruments
  • Parker Hannifin
  • MORE
About Machine Condition Monitoring Sensors

Machine condition monitoring sensors are devices that are used for condition-based maintenance and monitoring of machines and industrial assets. They help in timely detection of machine damage, thereby reducing the operational expense for an organization. The global machine condition monitoring sensors market is segmented based on type, namely vibration, infrared, oil analysis, and other sensors. End-users of this market are oil and gas, power generation, aerospace and defense, chemical and petrochemical, and others.

The analysts forecast the global machine condition monitoring sensors market to grow at a CAGR of 6.52% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global machine condition monitoring sensors market for 2017-2021. To calculate the market size, the report considers the sales and replacement market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Machine Condition Monitoring Sensors 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
  • Connection Technology Center
  • Emerson
  • Parker Hannifin
  • Rockwell Automation
  • SKF
Other prominent vendors
  • CM Technologies
  • Fluke
  • HBM
  • ifm electronic
  • Ludeca
  • Meggitt
  • Mitsubishi Electric
  • National Instruments
  • NVMS Measurements Systems
  • PCB Piezotronics (MTS Systems)
  • PRÜFTECHNIK Dieter Busch
  • SDT Ultrasound Solutions
  • Valmet
  • Xi'an Kacise Optronics
Market drivers
  • Rise in demand for wireless vibration sensors
  • For a full, detailed list, view the full report
Market challenges
  • High maintenance and replacement costs
  • For a full, detailed list, view the full report
Market trends
  • Adoption of real-time monitoring
  • 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?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • CM Technologies
  • Fluke
  • ifm electronic
  • Meggitt
  • National Instruments
  • Parker Hannifin
  • 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 type
  • Market overview
  • Global machine condition monitoring sensors market by vibration sensors
  • Global machine condition monitoring sensors market by infrared sensors
  • Global machine condition monitoring sensors market by oil analysis sensors
  • Global machine condition monitoring sensors market by other sensors
PART 07: Market segmentation by end-user
  • Market overview
  • Global machine condition monitoring sensors market in the oil and gas industry
  • Global machine condition monitoring sensors market in the power generation industry
  • Global machine condition monitoring sensors market in the aerospace and defense industry
  • Global machine condition monitoring sensors market in the chemical and petrochemical industry
  • Global machine condition monitoring sensors market in the others industry
PART 08: Geographical segmentation
  • Market overview
  • Machine condition monitoring sensors market in Americas
  • Machine condition monitoring sensors market in EMEA
  • Machine condition monitoring sensors market in APAC
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Adoption of real-time monitoring
  • Growing R&D and innovations
  • Increasing online machine condition monitoring in developing countries
PART 12: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 13: Key vendor analysis
  • Connection Technology Center
  • Emerson
  • Parker Hannifin
  • Rockwell Automation
  • SKF
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global machine condition monitoring market in 2016 and 2021 ($ millions)
Exhibit 02: Market overview
Exhibit 03: Global machine condition monitoring sensors market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Market segmentation of the global machine condition monitoring sensors market based on type in 2016 and 2021 (% share)
Exhibit 06: Global machine condition monitoring sensors market by vibration sensors during 2016-2021 ($ millions)
Exhibit 07: Global machine condition monitoring sensors market by infrared sensors during 2016-2021 ($ millions)
Exhibit 08: Global machine condition monitoring sensors market by oil analysis sensors during 2016-2021 ($ millions)
Exhibit 09: Global machine condition monitoring sensors market by other sensors during 2016-2021 ($ millions)
Exhibit 10: Market segmentation of the global machine condition monitoring sensors market based on end-users in 2016 and 2021 (% share)
Exhibit 11: Global machine condition monitoring sensors market in the oil and gas industry during 2016-2021 ($ millions)
Exhibit 12: Global machine condition monitoring sensors market in the power generation industry during 2016-2021 ($ millions)
Exhibit 13: Global machine condition monitoring sensors market in the aerospace and defense industry during 2016-2021 ($ millions)
Exhibit 14: Global machine condition monitoring sensors market in the chemical and petrochemical industry during 2016-2021 ($ millions)
Exhibit 15: Global machine condition monitoring sensors market in the others industry during 2016-2021 ($ millions)
Exhibit 16: Market segmentation of the global machine condition monitoring sensors market based on geography in 2016 and 2021 (% share)
Exhibit 17: Machine condition monitoring sensors market in Americas during 2016-2021 ($ millions)
Exhibit 18: Machine condition monitoring sensors market in EMEA during 2016-2021 ($ millions)
Exhibit 19: Machine condition monitoring sensors market in APAC during 2016-2021 ($ millions)
Exhibit 20: Connection Technology Center: Product segments
Exhibit 21: Connection Technology Center: Product portfolio
Exhibit 22: Connection Technology Center: Key highlights
Exhibit 23: Emerson: Product segments of the Automation Solution
Exhibit 24: Emerson: Product portfolio
Exhibit 25: Emerson: Key highlights
Exhibit 26: Parker Hannifin: Product segments
Exhibit 27: Parker Hannifin: Product portfolio
Exhibit 28: Parker Hannifin: Key highlights
Exhibit 29: Rockwell Automation: Product segments
Exhibit 30: Rockwell Automation: Product portfolio
Exhibit 31: Rockwell Automation: Key highlights
Exhibit 32: SKF: product segments
Exhibit 33: SKF: Product portfolio
Exhibit 34: SKF: Key highlights
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FEATURED COMPANIES

  • CM Technologies
  • Fluke
  • ifm electronic
  • Meggitt
  • National Instruments
  • Parker Hannifin
  • MORE
New Report Released: – Global Machine Condition Monitoring Sensors Market 2017-2021

The author of the report recognizes the following companies as the key players in the global machine condition monitoring sensors market: Connection Technology Center, Emerson, Parker Hannifin, Rockwell Automation, and SKF

Other Prominent Vendors in the market are: CM Technologies, Fluke, HBM, ifm electronic, Ludeca, Meggitt, Mitsubishi Electric, National Instruments, NVMS Measurements Systems, PCB Piezotronics (MTS Systems), PRÜFTECHNIK Dieter Busch, SDT Ultrasound Solutions, Valmet, and Xi'an Kacise Optronics.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Adoption of real-time monitoring. The machine condition monitoring sensors help in tracking machines or assets in industrial plants. They also help in predicting the mechanical wear and tear and failure of operations due to machines breakdown, which directly affects the productivity and will lead to decrease in cost savings. The sensors used in machine condition monitoring helps in identifying vibration, noise, temperature, contamination, and others. The sensors help in providing real-time monitoring of machines, thereby preventing unexpected failures that can lead to costly repair of critical machines. ”

According to the report, one of the major drivers for this market is Rise in demand for wireless vibration sensors. Wireless sensor technology provides substantial growth and advantages over wired sensors used for machine condition monitoring. The process industries, such as oil and gas, power generation, and chemical and petrochemical, are leading the market and will gain further market growth during the forecast period. The wireless vibration sensors are used for transferring rotational speed data in the industrial applications such as process piping and hydraulic systems.

Further, the report states that one of the major factors hindering the growth of this market is High maintenance and replacement costs. The market for machine condition monitoring sensors is dependent on the sales and deployment of hardware products and other critical assets in the machinery that ensure continuous monitoring. The need for continuous monitoring and remote-control operations have influenced the market growth among end-user industries, such as oil and gas, chemical and petrochemical, power generation, marine, and mining. However, the major challenge for these end-users is the maintenance and replacement of sensors and their associated costs. The installation of sensors is made easy with small devices being developed by the OEMs and other key manufacturers globally. However, the lack of periodic inspection adds costs in terms of maintenance and related services, which is hampering the market growth in the developing economies.

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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  • Connection Technology Center
  • Emerson
  • Parker Hannifin
  • Rockwell Automation
  • SKF
  • CM Technologies
  • Fluke
  • HBM
  • ifm electronic
  • Ludeca
  • Meggitt
  • Mitsubishi Electric
  • National Instruments
  • NVMS Measurements Systems
  • PCB Piezotronics (MTS Systems)
  • PRÜFTECHNIK Dieter Busch
  • SDT Ultrasound Solutions
  • Valmet
  • Xi'an Kacise Optronics
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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