Machine Condition Monitoring - Global Market Outlook (2017-2026)

  • ID: 4562414
  • Report
  • Region: Global
  • 168 pages
  • Stratistics Market Research Consulting Pvt Ltd
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FEATURED COMPANIES

  • 3D Signals
  • Azima Dli
  • Flir Systems
  • Honeywell
  • Parker Hannifin
  • Pruftechnik Dieter Busch
  • MORE
According to the publisher, the Global Machine condition monitoring market is accounted for $2.11billion in 2017 and is expected to reach $4.45 billion by 2026 growing at a CAGR of 8.6%. Development of a secure cloud computing platform, increased use of wireless communication technology for condition monitoring of equipment and inclination of end users towards predictive maintenance are the factors fueling the market growth. However, factors such as lack of trained technical resources for data analysis and lack of trust in prediction capabilities of machine condition monitoring technology are restricting the market growth. In addition, strategic partnership and collaboration among key players provides huge growth opportunity for the market.

Machine condition monitoring allows maintenance to be scheduled, or other actions to be taken to prevent consequential damages and avoid its consequences. Machine condition monitoring techniques is used in rotating electric motors, internal combustion engines, presses equipment and pumps. The demand for machine condition monitoring is rapidly growing as they are widely used across various industries such as chemicals, automotive, metals, mining, aerospace & defense among many others. Condition monitoring has a unique benefit in that conditions that would shorten normal lifespan can be addressed before they develop into a major failure. Its unique benefits increase the lifespan of the machines.

Amongst monitoring processes, online and portable segment accounted for the largest market share in the global market. Online machine condition monitoring offers real time data to operators at the plant and is the most preferred monitoring process in significant services that effort continuously and are highly level to defects. By Geography, Asia Pacific region is expected to register the highest market growth rate during the forecast period owing to the increasing demand for conditioning-based maintenance.

Some of the key players in the global machine condition monitoring market include Pcb Piezotronics, Emerson Electric, Pruftechnik Dieter Busch, General Electric, Fluke Corporation, Honeywell, Bruel & Kjaer, National Instruments, Meggitt, Azima Dli, SKF, Rockwell Automation, ALS Ltd.,Parker Hannifin, Analog Devices, Flir Systems,3D Signals, SPM Instrument, Uptake Canada & Petasense.

Monitoring Techniques Covered:
  • Motor Current Analysis
  • Ultrasound Emission Monitoring
  • Vibration Monitoring
  • Thermography
  • Corrosion Monitoring
  • Oil Analysis
Offerings covered:
  • Software
  • Hardware
Deployment Types Covered:
  • Cloud
  • On Premise
Monitoring Processes Covered:
  • Portable Condition Monitoring
  • Online Condition Monitoring
End Users Covered:
  • Marine
  • Oil & Gas
  • Food & Beverages
  • Power Generation
  • Automotive
  • Metals & Mining
  • Chemicals
  • Aerospace & Defense
  • Other End Users
Regions Covered:
  • North America
o US
o Canada
o Mexico
  • Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
  • Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
  • South America
o Argentina
o Brazil
o Chile
o Rest of South America
  • Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
  • Market share assessments for the regional and country level segments
  • Market share analysis of the top industry players
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements
READ MORE
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • 3D Signals
  • Azima Dli
  • Flir Systems
  • Honeywell
  • Parker Hannifin
  • Pruftechnik Dieter Busch
  • MORE
1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Machine Condition Monitoring Market, By Monitoring Technique
5.1 Introduction
5.2 Motor Current Analysis
5.3 Ultrasound Emission Monitoring
5.4 Vibration Monitoring
5.5 Thermography
5.6 Corrosion Monitoring
5.7 Oil Analysis

6 Global Machine Condition Monitoring Market, By Offering
6.1 Introduction
6.2 Software
6.2.1 Parameter Calculation
6.2.2 Data Integration
6.2.3 Diagnostic Reporting
6.2.4 Order Tracking
6.3 Hardware
6.3.1 Vibration Sensors and Analyzers
6.3.1.1 Tachometers
6.3.1.2 Accelerometers
6.3.1.3 Proximity Probes
6.3.2 Ultrasound Detectors
6.3.2.1 Stethoscopes
6.3.2.2 Sound Pressure Meters
6.3.2.3 Ultrasound Leak Detectors
6.3.3 Spectrum Analyzers
6.3.3.1 Real-Time Spectrum Analyzers
6.3.3.2 Swept Spectrum Analyzers
6.3.4 Corrosion Probes
6.3.5 Spectrometers
6.3.5.1 Mass Spectrometers
6.3.5.2 Atomic Spectrometers
6.3.5.3 Ultraviolet Spectrometers
6.3.5.4 Infrared Spectrometers
6.3.6 Infrared Sensors
6.3.6.1 Quantum Infrared Sensors
6.3.6.2 Thermal Infrared Sensors
6.3.7 Other Hardwares

7 Global Machine Condition Monitoring Market, By Deployment Type
7.1 Introduction
7.2 Cloud
7.3 On Premise

8 Global Machine Condition Monitoring Market, By Monitoring Process
8.1 Introduction
8.2 Portable Condition Monitoring
8.3 Online Condition Monitoring

9 Global Machine Condition Monitoring Market, By End User
9.1 Introduction
9.2 Marine
9.3 Oil & Gas
9.4 Food & Beverages
9.5 Power Generation
9.6 Automotive
9.7 Metals & Mining
9.8 Chemicals
9.9 Aerospace & Defense
9.10 Other End Users

10 Global Machine Condition Monitoring Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa

11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies

12 Company Profiling
12.1 Pcb Piezotronics
12.2 Emerson Electric
12.3 Pruftechnik Dieter Busch
12.4 General Electric
12.5 Fluke Corporation
12.6 Honeywell
12.7 Bruel & Kjaer
12.8 National Instruments
12.9 Meggitt
12.10 Azima Dli
12.11 SKF
12.12 Rockwell Automation
12.13 ALS Ltd.
12.14 Parker Hannifin
12.15 Analog Devices
12.16 Flir Systems
12.17 3D Signals
12.18 SPM Instrument
12.19 Uptake Canada
12.20 Petasense

List of Tables
Table 1 Global Machine Condition Monitoring Market Outlook, By Region (2016-2026) (US$ MN)
Table 2 Global Machine Condition Monitoring Market Outlook, By Monitoring Technique (2016-2026) (US$ MN)
Table 3 Global Machine Condition Monitoring Market Outlook, By Motor Current Analysis (2016-2026) (US$ MN)
Table 4 Global Machine Condition Monitoring Market Outlook, By Ultrasound Emission Monitoring (2016-2026) (US$ MN)
Table 5 Global Machine Condition Monitoring Market Outlook, By Vibration Monitoring (2016-2026) (US$ MN)
Table 6 Global Machine Condition Monitoring Market Outlook, By Thermography (2016-2026) (US$ MN)
Table 7 Global Machine Condition Monitoring Market Outlook, By Corrosion Monitoring (2016-2026) (US$ MN)
Table 8 Global Machine Condition Monitoring Market Outlook, By Oil Analysis (2016-2026) (US$ MN)
Table 9 Global Machine Condition Monitoring Market Outlook, By Offering (2016-2026) (US$ MN)
Table 10 Global Machine Condition Monitoring Market Outlook, By Software (2016-2026) (US$ MN)
Table 11 Global Machine Condition Monitoring Market Outlook, By Parameter Calculation (2016-2026) (US$ MN)
Table 12 Global Machine Condition Monitoring Market Outlook, By Data Integration (2016-2026) (US$ MN)
Table 13 Global Machine Condition Monitoring Market Outlook, By Diagnostic Reporting (2016-2026) (US$ MN)
Table 14 Global Machine Condition Monitoring Market Outlook, By Order Tracking (2016-2026) (US$ MN)
Table 15 Global Machine Condition Monitoring Market Outlook, By Hardware (2016-2026) (US$ MN)
Table 16 Global Machine Condition Monitoring Market Outlook, By Vibration Sensors and Analyzers (2016-2026) (US$ MN)
Table 17 Global Machine Condition Monitoring Market Outlook, By Ultrasound Detectors (2016-2026) (US$ MN)
Table 18 Global Machine Condition Monitoring Market Outlook, By Spectrum Analyzers (2016-2026) (US$ MN)
Table 19 Global Machine Condition Monitoring Market Outlook, By Corrosion Probes (2016-2026) (US$ MN)
Table 20 Global Machine Condition Monitoring Market Outlook, By Spectrometers (2016-2026) (US$ MN)
Table 21 Global Machine Condition Monitoring Market Outlook, By Infrared Sensors (2016-2026) (US$ MN)
Table 22 Global Machine Condition Monitoring Market Outlook, By Other Hardwares (2016-2026) (US$ MN)
Table 23 Global Machine Condition Monitoring Market Outlook, By Deployment Type (2016-2026) (US$ MN)
Table 24 Global Machine Condition Monitoring Market Outlook, By Cloud (2016-2026) (US$ MN)
Table 25 Global Machine Condition Monitoring Market Outlook, By On Premise (2016-2026) (US$ MN)
Table 26 Global Machine Condition Monitoring Market Outlook, By Monitoring Process (2016-2026) (US$ MN)
Table 27 Global Machine Condition Monitoring Market Outlook, By Portable Condition Monitoring (2016-2026) (US$ MN)
Table 28 Global Machine Condition Monitoring Market Outlook, By Online Condition Monitoring (2016-2026) (US$ MN)
Table 29 Global Machine Condition Monitoring Market Outlook, By End User (2016-2026) (US$ MN)
Table 30 Global Machine Condition Monitoring Market Outlook, By Marine (2016-2026) (US$ MN)
Table 31 Global Machine Condition Monitoring Market Outlook, By Oil & Gas (2016-2026) (US$ MN)
Table 32 Global Machine Condition Monitoring Market Outlook, By Food & Beverages (2016-2026) (US$ MN)
Table 33 Global Machine Condition Monitoring Market Outlook, By Power Generation (2016-2026) (US$ MN)
Table 34 Global Machine Condition Monitoring Market Outlook, By Automotive (2016-2026) (US$ MN)
Table 35 Global Machine Condition Monitoring Market Outlook, By Metals & Mining (2016-2026) (US$ MN)
Table 36 Global Machine Condition Monitoring Market Outlook, By Chemicals (2016-2026) (US$ MN)
Table 37 Global Machine Condition Monitoring Market Outlook, By Aerospace & Defense (2016-2026) (US$ MN)
Table 38 Global Machine Condition Monitoring Market Outlook, By Other End Users (2016-2026) (US$ MN)

Note: Tables for North America, Europe, Asia Pacific, South America & Middle East & Africa, regions are also represented in the same manner as above.
Note: Product cover images may vary from those shown
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  • Pcb Piezotronics
  • Emerson Electric
  • Pruftechnik Dieter Busch
  • General Electric
  • Fluke Corporation
  • Honeywell
  • Bruel & Kjaer
  • National Instruments
  • Meggitt
  • Azima Dli
  • SKF
  • Rockwell Automation
  • ALS Ltd.
  • Parker Hannifin
  • Analog Devices
  • Flir Systems
  • 3D Signals
  • SPM Instrument
  • Uptake Canada
  • Petasense
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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