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Europe Machine Condition Monitoring Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Monitoring Technique; Offering; Deployment; Monitoring Process; and End User, and Country- Product Image
Europe Machine Condition Monitoring Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Monitoring Technique; Offering; Deployment; Monitoring Process; and End User, and Country- Product Image
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Europe Machine Condition Monitoring Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Monitoring Technique; Offering; Deployment; Monitoring Process; and End User, and Country

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    Report

  • 230 Pages
  • August 2020
  • Region: Europe
  • The Insight Partners
  • ID: 5147196
UP TO OFF until Jun 30th 2024
Description Jump to:
The Europe machine condition monitoring market was valued at US$ 686.7 million in 2019 and is projected to reach US$ 1,030.2 million by 2027; it is expected to grow at a CAGR of 5.2% during the forecast period.

The machine condition monitoring market players have witnessed substantial demand for their respective products among end users in the developed countries over the years. In recent years, several manufacturers across industries in the developing countries are demanding for machine condition monitoring solutions. This factor is significantly catalyzing the growth of the machine condition monitoring market. The rising demand for condition monitoring solution is majorly attributed to the increasing awareness related to the benefits of condition monitoring.

The automotive manufacturing industry in Europe is one of the prominent industries in the region. As per the European Commission, the automotive sector contributes over 7% of the EU GDP. The region comprises a few of the major vehicle manufacturing countries, such as Germany, Spain, France, and the UK. According to ACEA, 21% of the cars globally are manufactured by the companies such as BMW, Volkswagen, Audi, and Aston Martin in the EU. Germany is the largest contributor to the automotive market in Europe, accounting for over 29% share. Germany comprises major passenger car manufacturers such as VW, BMW, Opel, Daimler AG, and Audi, as well as major commercial truck manufacturers such as MAN. A robust automotive manufacturing sector in the region is expected to fuel the growth of the Europe machine condition monitoring market.

Italy is the most affected country in Europe due to COVID-19 outbreak and is expected to suffer an economic hit due to the lack of revenue from various industries. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. Spain and France are extending respective lockdown periods to fight COVID-19 spread.

The automotive industry, which is one of the top GDP contributors to the European economy, is also facing a strong production impact. The region-wide production losses owing to factory shutdowns amount to over 1.5 million vehicles so far. Moreover, A&D manufacturing also experienced a negative impact. However, several manufacturers are still maintaining a certain level of production. The wind turbine manufacturing industry in the region has also been impacted due to disruptions in supply chains for raw materials as well as components.

The overall Europe machine condition monitoring market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the machine condition monitoring market. The process also serves the purpose of obtaining overview and forecast for the machine condition monitoring market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe machine condition monitoring market. Rockwell Automation, SKF, General Electric Co., Emerson Electric, and National Instruments are among the key players in the Europe machine condition monitoring market.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Machine Condition Monitoring Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe - PEST Analysis
4.3 Ecosystem Analysis
5. Machine Condition Monitoring Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Automated Solutions in Manufacturing Facilities
5.1.2 Accentuating Awareness among End Users in Developing Countries
5.2 Market Restraints
5.2.1 Maintenance and Lifespan of Machine Condition Monitoring Systems
5.3 Market Opportunities
5.3.1 Increasing Adoption of Wireless Technologies
5.4 Future Trends
5.4.1 Embedded Sensors and Smart Wireless Communication to Revolutionize the Market
5.5 Impact Analysis of Drivers and Restraints
6. Machine Condition Monitoring Market - Europe Analysis
6.1 Europe Machine Condition Monitoring Market Overview
6.2 Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning - Five Key Players
7. Machine Condition Monitoring Market Analysis - By Monitoring Technique
7.1 Overview
7.2 Machine Condition Monitoring Market, By Monitoring Technique (2019 and 2027)
7.3 Vibration Monitoring
7.3.1 Overview
7.3.2 Vibration Monitoring: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Thermography
7.4.1 Thermography: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
7.5 Oil Analysis
7.5.1 Oil Analysis: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
7.6 Corrosion Monitoring
7.6.1 Corrosion Monitoring: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
7.7 Ultrasound Emission
7.7.1 Ultrasound Emission: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
7.8 Motor Current Analysis
7.8.1 Motor Current Analysis: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
8. Machine Condition Monitoring Market Analysis - By Offering
8.1 Overview
8.2 Machine Condition Monitoring Market, By Offering (2019 and 2027)
8.3 Hardware
8.3.1 Overview
8.3.2 Hardware: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
8.3.3 Vibration Sensors
8.3.3.1 Vibration Sensors: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
8.3.4 Proximity Probes
8.3.4.1 Proximity Probes: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
8.3.5 Tachometer
8.3.5.1 Tachometer: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
8.3.6 Infrared Sensors
8.3.6.1 Infrared Sensors: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
8.3.7 Spectrometer
8.3.7.1 Spectrometer: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
8.3.8 Ultrasound Detectors
8.3.8.1 Ultrasound Detectors: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
8.3.9 Corrosion Probes
8.3.9.1 Corrosion Probes: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
8.3.10 Other
8.3.10.1 Other: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Software
8.4.1 Software: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
8.4.2 Data Integrator
8.4.3 Diagnosis Reporting
8.4.4 Order Tracking Analysis
8.4.5 Parameter Calculation
9. Machine Condition Monitoring Market Analysis - By Deployment Type
9.1 Overview
9.2 Machine Condition Monitoring Market, By Deployment Type (2019 and 2027)
9.3 Cloud
9.3.1 Overview
9.3.2 Cloud: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
9.4 On-Premise
9.4.1 On-Premise: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
10. Machine Condition Monitoring Market Analysis - By Monitoring Process
10.1 Overview
10.2 Machine Condition Monitoring Market, By Monitoring Process (2019 and 2027)
10.3 Online Condition Monitoring
10.3.1 Overview
10.3.2 Online Condition Monitoring: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
10.4 Portable Condition Monitoring
10.4.1 Portable Condition Monitoring: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
11. Machine Condition Monitoring Market Analysis - By End User
11.1 Overview
11.2 Machine Condition Monitoring Market, By End User (2019 and 2027)
11.3 Oil & Gas
11.3.1 Overview
11.3.2 Oil & Gas: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
11.4 Power Generation
11.4.1 Power Generation: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
11.5 Automotive
11.5.1 Automotive: Machine Condition Monitoring Market -Revenue and Forecast to 2027 (US$ Million)
11.6 Aerospace & Defense
11.6.1 Aerospace & Defense: Machine Condition Monitoring Market -Revenue and Forecast to 2027 (US$ Million)
11.7 Food & Beverage
11.7.1 Food & Beverage: Machine Condition Monitoring Market -Revenue and Forecast to 2027 (US$ Million)
11.8 Manufacturing
11.8.1 Manufacturing: Machine Condition Monitoring Market -Revenue and Forecast to 2027 (US$ Million)
11.9 Other
11.9.1 Other: Machine Condition Monitoring Market -Revenue and Forecast to 2027 (US$ Million)
12. Machine Condition Monitoring Market Analysis - By Country
12.1.1 Europe: Machine Condition Monitoring Market, By Country
12.1.1.1 Germany: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
12.1.1.1.1 Germany: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.1.2 Germany: Machine Condition Monitoring Market, by Offering
12.1.1.1.2.1 Germany: Machine Condition Monitoring Market, by Hardware
12.1.1.1.3 Germany: Machine Condition Monitoring Market, by Deployment Type
12.1.1.1.4 Germany: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.1.5 Germany: Machine Condition Monitoring Market, by End User
12.1.1.2 France: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
12.1.1.2.1 France: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.2.2 France: Machine Condition Monitoring Market, by Offering
12.1.1.2.2.1 France: Machine Condition Monitoring Market, by Hardware
12.1.1.2.3 France: Machine Condition Monitoring Market, by Deployment Type
12.1.1.2.4 France: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.2.5 France: Machine Condition Monitoring Market, by End User
12.1.1.3 Italy: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
12.1.1.3.1 Italy: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.3.2 Italy: Machine Condition Monitoring Market, by Offering
12.1.1.3.2.1 Italy: Machine Condition Monitoring Market, by Hardware
12.1.1.3.3 Italy: Machine Condition Monitoring Market, by Deployment Type
12.1.1.3.4 Italy: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.3.5 Italy: Machine Condition Monitoring Market, by End User
12.1.1.4 UK: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
12.1.1.4.1 UK: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.4.2 UK: Machine Condition Monitoring Market, by Offering
12.1.1.4.2.1 UK: Machine Condition Monitoring Market, by Hardware
12.1.1.4.3 UK: Machine Condition Monitoring Market, by Deployment Type
12.1.1.4.4 UK: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.4.5 UK: Machine Condition Monitoring Market, by End User
12.1.1.5 Russia: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
12.1.1.5.1 Russia: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.5.2 Russia: Machine Condition Monitoring Market, by Offering
12.1.1.5.2.1 Russia: Machine Condition Monitoring Market, by Hardware
12.1.1.5.3 Russia: Machine Condition Monitoring Market, by Deployment Type
12.1.1.5.4 Russia: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.5.5 Russia: Machine Condition Monitoring Market, by End User
12.1.1.6 Rest of Europe: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
12.1.1.6.1 Rest of Europe: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.6.2 Rest of Europe: Machine Condition Monitoring Market, by Offering
12.1.1.6.2.1 Rest of Europe: Machine Condition Monitoring Market, by Hardware
12.1.1.6.3 Rest of Europe: Machine Condition Monitoring Market, by Deployment Type
12.1.1.6.4 Rest of Europe: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.6.5 Rest of Europe: Machine Condition Monitoring Market, by End User
13. Impact of Coronavirus Outbreak
13.1 Impact of COVID-19 Pandemic On Europe Machine Condition Monitoring Market
13.1.1 Europe: Impact Assessment of COVID-19 Pandemic
14. Industry Landscape
14.1 Overview
14.2 Market Initiative
14.3 New Development
15. Company Profiles
15.1 Honeywell International Inc.
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Schaeffler Technologies AG & Co. KG
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 General Electric Company
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 Emerson Electric Co.
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 Parker Hannifin Corporation
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 Rockwell Automation, Inc.
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
15.7 SKF
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Products and Services
15.7.4 Financial Overview
15.7.5 SWOT Analysis
15.7.6 Key Developments
15.8 ALS Limited
15.8.1 Key Facts
15.8.2 Business Description
15.8.3 Products and Services
15.8.4 Financial Overview
15.8.5 SWOT Analysis
15.8.6 Key Developments
15.9 National Instruments Corporation
15.9.1 Key Facts
15.9.2 Business Description
15.9.3 Products and Services
15.9.4 Financial Overview
15.9.5 SWOT Analysis
15.9.6 Key Developments
16. Appendix
16.1 About the Publisher
16.2 Word Index
List of Tables
Table 1. Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. Europe Machine Condition Monitoring Market, By Country – Revenue and Forecast to 2027 (US$ Million)
Table 3. Germany Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 4. Germany Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 5. Germany Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 6. Germany Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 7. Germany Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 8. Germany Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 9. France Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 10. France Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 11. France Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 12. France Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027(US$ Million)
Table 13. France Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 14. France Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 15. Italy Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 16. Italy Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 17. Italy Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 18. Italy Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 19. Italy Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 20. Italy Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 21. UK Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 22. UK Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 23. UK Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 24. UK Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 25. UK Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 26. UK Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 27. Russia Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 28. Russia Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 29. Russia Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 30. Russia Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 31. Russia Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 32. Russia Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 33. Rest of Europe Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 34. Rest of Europe Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 35. Rest of Europe Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of Europe Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 37. Rest of Europe Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 38. Rest of Europe Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 39. List of Abbreviation
List of Figures
Figure 1. Europe Machine Condition Monitoring Market Segmentation
Figure 2. Europe Machine Condition Monitoring Market Segmentation – By Countries
Figure 3. Europe Machine Condition Monitoring Market Overview
Figure 4. Europe Machine Condition Monitoring Market, By Monitoring Technique
Figure 5. Europe Machine Condition Monitoring Market, By End User
Figure 6. Europe – PEST Analysis
Figure 7. Machine Condition Monitoring Market – Ecosystem Analysis
Figure 8. Machine Condition Monitoring Market: Impact Analysis of Drivers And Restraints
Figure 9. Geographic Overview of Machine Condition Monitoring Market
Figure 10. Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Machine Condition Monitoring Market Revenue Share, by Monitoring Technique (2019 and 2027)
Figure 12. Vibration Monitoring: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Thermography: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Oil Analysis: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Corrosion Monitoring: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Ultrasound Emission: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Motor Current Analysis: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Machine Condition Monitoring Market Revenue Share, by Offering (2019 and 2027)
Figure 19. Hardware: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Vibration Sensors: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Proximity Probes: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Tachometer: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Infrared Sensors: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Spectrometer: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Ultrasound Detectors: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Corrosion Probes: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. Other: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. Software: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Machine Condition Monitoring Market Revenue Share, by Deployment Type (2019 and 2027)
Figure 30. Cloud: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. On-Premise: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Machine Condition Monitoring Market Revenue Share, by Monitoring Process (2019 and 2027)
Figure 33. Online Condition Monitoring: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Portable Condition Monitoring: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 35. Machine Condition Monitoring Market Revenue Share, by End User (2019 and 2027)
Figure 36. Oil & Gas: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 37. Power Generation: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 38. Automotive: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
Figure 39. Aerospace & Defense: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
Figure 40. Food & Beverage: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
Figure 41. Manufacturing: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
Figure 42. Other: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
Figure 43. Europe: Machine Condition Monitoring Market Revenue Share, By Country (2019 and 2027)
Figure 44. Germany: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 45. France: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 46. Italy: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 47. UK: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 48. Russia: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 49. Rest of Europe: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. Impact of COVID-19 Pandemic In Europe Country Markets

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Honeywell International Inc.
  • Schaeffler Technologies AG & Co. KG
  • General Electric Company
  • Emerson Electric Co.
  • Parker Hannifin Corporation
  • Rockwell Automation Inc.
  • SKF
  • ALS Limited
  • National Instrument Corporation

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