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Equipment Monitoring - Global Market Trajectory & Analytics

  • ID: 4804746
  • Report
  • September 2020
  • Region: Global
  • 192 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • ANALOG DEVICES
  • EMERSON ELECTRIC
  • FLIR SYSTEMS
  • FLUKE CORPORATION
  • GENERAL ELECTRIC COMPANY
  • PCB PIEZOTRONICS
  • MORE
Global Equipment Monitoring Market to Reach $4.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Equipment Monitoring estimated at US$3.3 Billion in the year 2020, is projected to reach a revised size of US$4.8 Billion by 2027, growing at a CAGR of 5.3% over the analysis period 2020-2027. Vibration Monitoring, one of the segments analyzed in the report, is projected to record a 6% CAGR and reach US$1.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Thermal Monitoring segment is readjusted to a revised 5.5% CAGR for the next 7-year period.

The U. S. Market is Estimated at $986.7 Million, While China is Forecast to Grow at 4.9% CAGR

The Equipment Monitoring market in the U. S. is estimated at US$986.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$845.3 Million by the year 2027 trailing a CAGR of 4.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Lubrication Monitoring Segment to Record 4.8% CAGR

In the global Lubrication Monitoring segment, USA, Canada, Japan, China and Europe will drive the 4.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$407.9 Million in the year 2020 will reach a projected size of US$568 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$550.3 Million by the year 2027. We bring years of research experience to this 7th edition of our report. The 192-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Analog Devices, Inc.
  • Emerson Electric Company
  • FLIR Systems, Inc.
  • Fluke Corporation
  • General Electric Company
  • National Instruments Corporation
  • Parker Hannifin Corporation
  • PCB Piezotronics, Inc.
  • Petasense, Inc
  • Pruftechnik Dieter Busch AG.
  • Rockwell Automation, Inc.
  • Siemens AG
  • SKF Group
  • SPM Instrument
  • Yokogawa Electric Corporation
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ANALOG DEVICES
  • EMERSON ELECTRIC
  • FLIR SYSTEMS
  • FLUKE CORPORATION
  • GENERAL ELECTRIC COMPANY
  • PCB PIEZOTRONICS
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • The Market Primer
  • Vibration monitoring: The Largest Segment
  • Europe Constitutes One of the Largest Regions for Equipment Monitoring Market
  • Smart Sensors and Machine Monitoring
  • Equipment Monitoring through Telematics Transforming the Industry
  • INNOVATIONS AND ADVANCEMENTS
  • ONEPROD’s FALCON: An Innovative Tool for Vibration Measurement and analysis
  • Innovative Vibration Management Solutions from TEXCEL
  • ECOTECH’s 01dB Range of Noise and Vibration Measurement Products
  • Pepperl+Fuchs’ CorrTran™ Corrosion Transmitter Technology
  • ELA Innovation’s Wireless Temperature Sensor, ITEMS TD, Monitors Production Equipment in Real-Time
  • PRODUCT OVERVIEW
  • Equipment Monitoring System
  • Heavy Equipment Monitoring
  • Vibration Monitoring and Analysis
  • Continuous Vibration Monitoring Benefits
  • Thermal Monitoring Systems
  • Continuous Monitoring Reduces Fire Risks
  • Infrared Sensors for Thermal Monitoring
  • Corrosion Monitoring and Techniques
  • Direct Technique
  • Indirect Technique
  • Noise Monitoring and Measuring Noise Exposure
  • Motor Current Monitoring Solutions
  • Global Competitor Market Shares
  • Equipment Monitoring Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: Equipment Monitoring Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 2: Equipment Monitoring Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
  • TABLE 3: Equipment Monitoring Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
  • TABLE 4: Corrosion Monitoring (Monitoring Type) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
  • TABLE 5: Corrosion Monitoring (Monitoring Type) Market Historic Review by Region/Country in US$ Million: 2012 to 2019
  • TABLE 6: Corrosion Monitoring (Monitoring Type) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 7: Lubrication Monitoring (Monitoring Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
  • TABLE 8: Lubrication Monitoring (Monitoring Type) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
  • TABLE 9: Lubrication Monitoring (Monitoring Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 10: Noise Monitoring (Monitoring Type) World Market by Region/Country in US$ Million: 2020 to 2027
  • TABLE 11: Noise Monitoring (Monitoring Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
  • TABLE 12: Noise Monitoring (Monitoring Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 13: Thermal Monitoring (Monitoring Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
  • TABLE 14: Thermal Monitoring (Monitoring Type) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
  • TABLE 15: Thermal Monitoring (Monitoring Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
  • TABLE 16: Vibration Monitoring (Monitoring Type) World Market by Region/Country in US$ Million: 2020 to 2027
  • TABLE 17: Vibration Monitoring (Monitoring Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
  • TABLE 18: Vibration Monitoring (Monitoring Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 19: Motor Current Monitoring (Monitoring Type) World Market Estimates and Forecasts in US$ Million by Region/Country: 2020 to 2027
  • TABLE 20: Motor Current Monitoring (Monitoring Type) Market Worldwide Historic Review by Region/Country in US$ Million: 2012 to 2019
  • TABLE 21: Motor Current Monitoring (Monitoring Type) Market Percentage Share Distribution by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 22: Other Monitoring Types (Monitoring Type) Market Opportunity Analysis Worldwide in US$ Million by Region/Country: 2020 to 2027
  • TABLE 23: Other Monitoring Types (Monitoring Type) Global Historic Demand in US$ Million by Region/Country: 2012 to 2019
  • TABLE 24: Other Monitoring Types (Monitoring Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 25: Oil & Gas (Industry) Worldwide Sales in US$ Million by Region/Country: 2020-2027
  • TABLE 26: Oil & Gas (Industry) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019
  • TABLE 27: Oil & Gas (Industry) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
  • TABLE 28: Power (Industry) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
  • TABLE 29: Power (Industry) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
  • TABLE 30: Power (Industry) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 31: Automotive (Industry) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 32: Automotive (Industry) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019
  • TABLE 33: Automotive (Industry) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 34: Other Industries (Industry) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 35: Other Industries (Industry) Global Historic Analysis in US$ Million by Region/Country: 2012-2019
  • TABLE 36: Other Industries (Industry) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Equipment Monitoring Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • TABLE 37: United States Equipment Monitoring Market Estimates and Projections in US$ Million by Monitoring Type: 2020 to 2027
  • TABLE 38: Equipment Monitoring Market in the United States by Monitoring Type: A Historic Review in US$ Million for 2012-2019
  • TABLE 39: United States Equipment Monitoring Market Share Breakdown by Monitoring Type: 2012 VS 2020 VS 2027
  • TABLE 40: United States Equipment Monitoring Latent Demand Forecasts in US$ Million by Industry: 2020 to 2027
  • TABLE 41: Equipment Monitoring Historic Demand Patterns in the United States by Industry in US$ Million for 2012-2019
  • TABLE 42: Equipment Monitoring Market Share Breakdown in the United States by Industry: 2012 VS 2020 VS 2027
CANADA
  • TABLE 43: Canadian Equipment Monitoring Market Estimates and Forecasts in US$ Million by Monitoring Type: 2020 to 2027
  • TABLE 44: Canadian Equipment Monitoring Historic Market Review by Monitoring Type in US$ Million: 2012-2019
  • TABLE 45: Equipment Monitoring Market in Canada: Percentage Share Breakdown of Sales by Monitoring Type for 2012, 2020, and 2027
  • TABLE 46: Canadian Equipment Monitoring Market Quantitative Demand Analysis in US$ Million by Industry: 2020 to 2027
  • TABLE 47: Equipment Monitoring Market in Canada: Summarization of Historic Demand Patterns in US$ Million by Industry for 2012-2019
  • TABLE 48: Canadian Equipment Monitoring Market Share Analysis by Industry: 2012 VS 2020 VS 2027
JAPAN
  • TABLE 49: Japanese Market for Equipment Monitoring: Annual Sales Estimates and Projections in US$ Million by Monitoring Type for the Period 2020-2027
  • TABLE 50: Equipment Monitoring Market in Japan: Historic Sales Analysis in US$ Million by Monitoring Type for the Period 2012-2019
  • TABLE 51: Japanese Equipment Monitoring Market Share Analysis by Monitoring Type: 2012 VS 2020 VS 2027
  • TABLE 52: Japanese Demand Estimates and Forecasts for Equipment Monitoring in US$ Million by Industry: 2020 to 2027
  • TABLE 53: Japanese Equipment Monitoring Market in US$ Million by Industry: 2012-2019
  • TABLE 54: Equipment Monitoring Market Share Shift in Japan by Industry: 2012 VS 2020 VS 2027
CHINA
  • TABLE 55: Chinese Equipment Monitoring Market Growth Prospects in US$ Million by Monitoring Type for the Period 2020-2027
  • TABLE 56: Equipment Monitoring Historic Market Analysis in China in US$ Million by Monitoring Type: 2012-2019
  • TABLE 57: Chinese Equipment Monitoring Market by Monitoring Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
  • TABLE 58: Chinese Demand for Equipment Monitoring in US$ Million by Industry: 2020 to 2027
  • TABLE 59: Equipment Monitoring Market Review in China in US$ Million by Industry: 2012-2019
  • TABLE 60: Chinese Equipment Monitoring Market Share Breakdown by Industry: 2012 VS 2020 VS 2027
EUROPE
  • Market Facts & Figures
  • European Equipment Monitoring Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
  • TABLE 61: European Equipment Monitoring Market Demand Scenario in US$ Million by Region/Country: 2020-2027
  • TABLE 62: Equipment Monitoring Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
  • TABLE 63: European Equipment Monitoring Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 64: European Equipment Monitoring Market Estimates and Forecasts in US$ Million by Monitoring Type: 2020-2027
  • TABLE 65: Equipment Monitoring Market in Europe in US$ Million by Monitoring Type: A Historic Review for the Period 2012-2019
  • TABLE 66: European Equipment Monitoring Market Share Breakdown by Monitoring Type: 2012 VS 2020 VS 2027
  • TABLE 67: European Equipment Monitoring Addressable Market Opportunity in US$ Million by Industry: 2020-2027
  • TABLE 68: Equipment Monitoring Market in Europe: Summarization of Historic Demand in US$ Million by Industry for the Period 2012-2019
  • TABLE 69: European Equipment Monitoring Market Share Analysis by Industry: 2012 VS 2020 VS 2027
FRANCE
  • TABLE 70: Equipment Monitoring Market in France by Monitoring Type: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 71: French Equipment Monitoring Historic Market Scenario in US$ Million by Monitoring Type: 2012-2019
  • TABLE 72: French Equipment Monitoring Market Share Analysis by Monitoring Type: 2012 VS 2020 VS 2027
  • TABLE 73: Equipment Monitoring Quantitative Demand Analysis in France in US$ Million by Industry: 2020-2027
  • TABLE 74: French Equipment Monitoring Historic Market Review in US$ Million by Industry: 2012-2019
  • TABLE 75: French Equipment Monitoring Market Share Analysis: A 17-Year Perspective by Industry for 2012, 2020, and 2027
GERMANY
  • TABLE 76: Equipment Monitoring Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Monitoring Type for the Period 2020-2027
  • TABLE 77: German Equipment Monitoring Historic Market Analysis in US$ Million by Monitoring Type: 2012-2019
  • TABLE 78: German Equipment Monitoring Market Share Breakdown by Monitoring Type: 2012 VS 2020 VS 2027
  • TABLE 79: Equipment Monitoring Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Industry for the Period 2020-2027
  • TABLE 80: German Equipment Monitoring Market in Retrospect in US$ Million by Industry: 2012-2019
  • TABLE 81: Equipment Monitoring Market Share Distribution in Germany by Industry: 2012 VS 2020 VS 2027
ITALY
  • TABLE 82: Italian Equipment Monitoring Market Growth Prospects in US$ Million by Monitoring Type for the Period 2020-2027
  • TABLE 83: Equipment Monitoring Historic Market Analysis in Italy in US$ Million by Monitoring Type: 2012-2019
  • TABLE 84: Italian Equipment Monitoring Market by Monitoring Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
  • TABLE 85: Italian Demand for Equipment Monitoring in US$ Million by Industry: 2020 to 2027
  • TABLE 86: Equipment Monitoring Market Review in Italy in US$ Million by Industry: 2012-2019
  • TABLE 87: Italian Equipment Monitoring Market Share Breakdown by Industry: 2012 VS 2020 VS 2027
UNITED KINGDOM
  • TABLE 88: United Kingdom Market for Equipment Monitoring: Annual Sales Estimates and Projections in US$ Million by Monitoring Type for the Period 2020-2027
  • TABLE 89: Equipment Monitoring Market in the United Kingdom: Historic Sales Analysis in US$ Million by Monitoring Type for the Period 2012-2019
  • TABLE 90: United Kingdom Equipment Monitoring Market Share Analysis by Monitoring Type: 2012 VS 2020 VS 2027
  • TABLE 91: United Kingdom Demand Estimates and Forecasts for Equipment Monitoring in US$ Million by Industry: 2020 to 2027
  • TABLE 92: United Kingdom Equipment Monitoring Market in US$ Million by Industry: 2012-2019
  • TABLE 93: Equipment Monitoring Market Share Shift in the United Kingdom by Industry: 2012 VS 2020 VS 2027
REST OF EUROPE
  • TABLE 94: Rest of Europe Equipment Monitoring Market Estimates and Forecasts in US$ Million by Monitoring Type: 2020-2027
  • TABLE 95: Equipment Monitoring Market in Rest of Europe in US$ Million by Monitoring Type: A Historic Review for the Period 2012-2019
  • TABLE 96: Rest of Europe Equipment Monitoring Market Share Breakdown by Monitoring Type: 2012 VS 2020 VS 2027
  • TABLE 97: Rest of Europe Equipment Monitoring Addressable Market Opportunity in US$ Million by Industry: 2020-2027
  • TABLE 98: Equipment Monitoring Market in Rest of Europe: Summarization of Historic Demand in US$ Million by Industry for the Period 2012-2019
  • TABLE 99: Rest of Europe Equipment Monitoring Market Share Analysis by Industry: 2012 VS 2020 VS 2027
ASIA-PACIFIC
  • TABLE 100: Equipment Monitoring Market in Asia-Pacific by Monitoring Type: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 101: Asia-Pacific Equipment Monitoring Historic Market Scenario in US$ Million by Monitoring Type: 2012-2019
  • TABLE 102: Asia-Pacific Equipment Monitoring Market Share Analysis by Monitoring Type: 2012 VS 2020 VS 2027
  • TABLE 103: Equipment Monitoring Quantitative Demand Analysis in Asia-Pacific in US$ Million by Industry: 2020-2027
  • TABLE 104: Asia-Pacific Equipment Monitoring Historic Market Review in US$ Million by Industry: 2012-2019
  • TABLE 105: Asia-Pacific Equipment Monitoring Market Share Analysis: A 17-Year Perspectiveby Industry for 2012, 2020, and 2027
REST OF WORLD
  • TABLE 106: Rest of World Equipment Monitoring Market Estimates and Forecasts in US$ Million by Monitoring Type: 2020 to 2027
  • TABLE 107: Rest of World Equipment Monitoring Historic Market Review by Monitoring Type in US$ Million: 2012-2019
  • TABLE 108: Equipment Monitoring Market in Rest of World: Percentage Share Breakdown of Sales by Monitoring Type for 2012, 2020, and 2027
  • TABLE 109: Rest of World Equipment Monitoring Market Quantitative Demand Analysis in US$ Million by Industry: 2020 to 2027
  • TABLE 110: Equipment Monitoring Market in Rest of World: Summarization of Historic Demand Patterns in US$ Million by Industry for 2012-2019
  • TABLE 111: Rest of World Equipment Monitoring Market Share Analysis by Industry: 2012 VS 2020 VS 2027
IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
  • ANALOG DEVICES
  • EMERSON ELECTRIC
  • FLIR SYSTEMS
  • FLUKE CORPORATION
  • GENERAL ELECTRIC COMPANY
  • NATIONAL INSTRUMENTS CORPORATION
  • PCB PIEZOTRONICS
  • PARKER HANNIFIN CORPORATION
  • PETASENSE
  • PRUFTECHNIK DIETER BUSCH AG.
  • ROCKWELL AUTOMATI
Note: Product cover images may vary from those shown
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