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Asia Pacific 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
Asia Pacific 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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Asia Pacific 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

  • 228 Pages
  • August 2020
  • Region: Asia Pacific
  • The Insight Partners
  • ID: 5147199
UP TO OFF until Jun 30th 2024
Description Jump to:
The APAC machine condition monitoring market was valued at US$ 596.1 million in 2019 and is expected to grow at a CAGR of 6.7% during the forecast period to reach US$ 988.3 million by 2027 The developing countries such as India, Japan, and South Korea are experiencing substantial growth in the number of manufacturing plants in various industries. The deployment of large reciprocating machineries has been surging over the past few years in the above mentioned countries. Increasing industrialization in the developing countries is catalyzing the adoption of newer machinery in the modern manufacturing facilities, which, in turn is propelling the demand for machine condition monitoring solutions. The key industries such as aerospace & defense, automotive, oil & gas, manufacturing, power generation, and food & beverage majorly demand for condition monitoring solutions. These industries utilize higher volumes of rotating machines, which experience considerable vibration, corrosion, temperature difference, and oil seepage, which ultimately cause failure in the system if the problem prevails for an extended period. With an objective to avoid such downtime and monetary loss, the end users in the developing countries are procuring condition monitoring solutions, which is propelling the growth of the APAC machine condition monitoring market.

The region comprises around 60% of the world’s population, i.e. over 4.4 billion people with more than 45 countries. The constant population rise has led to a significant demand for electricity, which has resulted in increased investments in power transmission systems. To meet the ever-increasing electricity demand, governments of the respective economies are investing heavily in their power generation infrastructure, which is expected to boost the growth of the machine condition monitoring market.

The implementation of lockdown due to the outbreak of COVID-19 across APAC after March 2019 has negatively impacted the economic activity throughout the region. The factory activities in Japan contracted drastically in March, signifying that the world’s third-largest economy is possibly already in recession.

A sharp decline in business and economic activity across Asia in March due to COVID-19 outbreak, has affected the export from countries such as Japan and South Korea overshadowing a moderate enhancement in China. Manufacturing indicators also slumped in Vietnam, Indonesia, and the Philippines, as per the Purchasing Managers’ Index surveys. China’s factory activity enhanced marginally more than anticipated in March after plunging a month earlier; however, the growth was minimal, signifying an intense pressure on businesses owing to a decline in domestic and export demand. While factories in China slowly resumed operations after extended shutdowns and a reduction in COVID-19 cases enabled the country to begin relaxing travel restrictions, activity in South Korea contracted at its fastest pace in 11 years as several of the country’s trading partners imposed dramatic actions to control the virus’ spread.

The overall APAC 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 APAC machine condition monitoring market. Rockwell Automation, SKF, General Electric Co., Emerson Electric, and National Instruments are among the key players in the APAC 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 Asia Pacific - 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 - APAC Analysis
6.1 APAC 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 APAC: Machine Condition Monitoring Market, By Country
12.1.1.1 China: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
12.1.1.1.1 China: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.1.2 China: Machine Condition Monitoring Market, by Offering
12.1.1.1.2.1 China: Machine Condition Monitoring Market, by Hardware
12.1.1.1.3 China: Machine Condition Monitoring Market, by Deployment Type
12.1.1.1.4 China: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.1.5 China: Machine Condition Monitoring Market, by End User
12.1.1.2 India: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
12.1.1.2.1 India: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.2.2 India: Machine Condition Monitoring Market, by Offering
12.1.1.2.2.1 India: Machine Condition Monitoring Market, by Hardware
12.1.1.2.3 India: Machine Condition Monitoring Market, by Deployment Type
12.1.1.2.4 India: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.2.5 India: Machine Condition Monitoring Market, by End User
12.1.1.3 Japan: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
12.1.1.3.1 Japan: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.3.2 Japan: Machine Condition Monitoring Market, by Offering
12.1.1.3.2.1 Japan: Machine Condition Monitoring Market, by Hardware
12.1.1.3.3 Japan: Machine Condition Monitoring Market, by Deployment Type
12.1.1.3.4 Japan: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.3.5 Japan: Machine Condition Monitoring Market, by End User
12.1.1.4 South Korea: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
12.1.1.4.1 South Korea: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.4.2 South Korea: Machine Condition Monitoring Market, by Offering
12.1.1.4.2.1 South Korea: Machine Condition Monitoring Market, by Hardware
12.1.1.4.3 South Korea: Machine Condition Monitoring Market, by Deployment Type
12.1.1.4.4 South Korea: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.4.5 South Korea: Machine Condition Monitoring Market, by End User
12.1.1.5 Australia: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
12.1.1.5.1 Australia: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.5.2 Australia: Machine Condition Monitoring Market, by Offering
12.1.1.5.2.1 Australia: Machine Condition Monitoring Market, by Hardware
12.1.1.5.3 Australia: Machine Condition Monitoring Market, by Deployment Type
12.1.1.5.4 Australia: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.5.5 Australia: Machine Condition Monitoring Market, by End User
12.1.1.6 Rest of APAC: Machine Condition Monitoring Market - Revenue and Forecast to 2027 (US$ Million)
12.1.1.6.1 Rest of APAC: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.6.2 Rest of APAC: Machine Condition Monitoring Market, by Offering
12.1.1.6.2.1 Rest of APAC: Machine Condition Monitoring Market, by Hardware
12.1.1.6.3 Rest of APAC: Machine Condition Monitoring Market, by Deployment Type
12.1.1.6.4 Rest of APAC: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.6.5 Rest of APAC: Machine Condition Monitoring Market, by End User
13. Impact of Coronavirus Outbreak
13.1 Impact of COVID-19 Pandemic On APAC Machine Condition Monitoring Market
13.1.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
14. Company Profiles
14.1 Honeywell International Inc.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Schaeffler Technologies AG & Co. KG
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 General Electric Company
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Emerson Electric Co.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Parker Hannifin Corporation
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Rockwell Automation, Inc.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 SKF
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 ALS Limited
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 National Instruments Corporation
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
15. Appendix
15.1 About the Publisher
15.2 Word Index
List of Tables
Table 1. Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. APAC Machine Condition Monitoring Market, By Country – Revenue and Forecast to 2027 (US$ Million)
Table 3. China Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 4. China Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 5. China Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 6. China Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 7. China Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 8. China Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 9. India Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 10. India Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 11. India Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 12. India Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 13. India Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 14. India Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 15. Japan Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 16. Japan Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 17. Japan Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 18. Japan Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 19. Japan Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 20. Japan Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 21. South Korea Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 22. South Korea Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 23. South Korea Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 24. South Korea Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 25. South Korea Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 26. South Korea Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 27. Australia Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 28. Australia Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 29. Australia Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 30. Australia Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 31. Australia Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 32. Australia Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 33. Rest of APAC Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 34. Rest of APAC Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 35. Rest of APAC Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of APAC Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 37. Rest of APAC Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 38. Rest of APAC Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 39. List of Abbreviation
List of Figures
Figure 1. APAC Machine Condition Monitoring Market Segmentation
Figure 2. APAC Machine Condition Monitoring Market Segmentation – By Countries
Figure 3. APAC Machine Condition Monitoring Market Overview
Figure 4. APAC Machine Condition Monitoring Market, By Monitoring Technique
Figure 5. APAC Machine Condition Monitoring Market, By End User
Figure 6. Asia Pacific – 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. APAC: Machine Condition Monitoring Market Revenue Share, By Country (2019 and 2027)
Figure 44. China: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 45. India: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 46. Japan: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 47. South Korea: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 48. Australia: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 49. Rest of APAC: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. Impact of COVID-19 Pandemic In Asia Pacific 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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