+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Vibration Condition Monitoring Growth Opportunities

  • Report

  • 48 Pages
  • January 2022
  • Region: Global
  • Frost & Sullivan
  • ID: 5546156

Wireless Technology to Ensure Future Growth Potential of Vibration Analysis

Vibration condition monitoring (CM) is a method of using sensors and software tools to ensure machine health and maintain safety. Machine sensors use machine monitoring software and other parameters to measure vibration and the thermography of a machine, which offers real-time insight into the health of the machine.

For nearly a decade, vibration condition monitoring solutions have focused on improving asset performance and reducing machine-related costs. Though investing in vibration CM equipment was initially viewed with much skepticism because of the high cost, technological advances have made vibration CM software and tools financially feasible for all levels of industrial applications. The diagnostic capabilities of CM solutions have progressed to provide predictive maintenance diagnosis at an economical price and made it affordable to enterprises of all sizes.

This research service focuses on understanding the contribution of different equipment and service segments to the global condition monitoring market while looking at North America, Latin America, Asia-Pacific, Europe, and the Middle East, and Africa.

Table of Contents

1. Strategic Imperatives
  • Why is it Increasingly Difficult to Grow?
  • The Strategic Imperative 8™
  • The Impact of the Top Three Strategic Imperatives on Vibration Condition Monitoring
  • Growth Opportunities Fuel the Growth Pipeline Engine™
2. Growth Opportunity Analysis
  • Scope of Analysis
  • Overview
  • Key Technologies
  • Segmentation
  • Distribution by Product Type
  • Distribution by Industry Vertical
  • Distribution by Region
  • Key Competitors
  • Market Overview
  • Key Growth Metrics
  • Distribution Channels
  • Growth Drivers
  • Growth Restraints
  • The Impact of COVID-19
  • Forecast Assumptions
  • Revenue Forecast
  • Revenue Forecast by Region
  • Revenue Forecast by Industry Vertical
  • Revenue Forecast Analysis
  • Revenue Forecast Analysis by Region
  • Revenue Forecast Analysis by Industry Vertical
  • Competitive Environment
  • Revenue Share
  • Revenue Share Analysis
3. Growth Opportunity Universe
  • Growth Opportunity 1: M&As for Portfolio Expansion
  • Growth Opportunity 2: Interactive Tools for Greater Visibility and Reliability
  • Growth Opportunity 3: IIoT-enabled Functionality for Connected Systems
4. Next Steps
  • Your Next Steps
  • List of Exhibits