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Machine Condition Monitoring Equipment Market

P&S Market Research-Machine Condition Monitoring Market report

Global Machine Condition Monitoring Equipment Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Monitoring Type (Vibration Monitoring, Ultrasound Emission, Thermography, Lubricating Oil Analysis, Corrosion Monitoring, Motor Current Signature Analysis and Others), by End User (Aerospace & Defense, Automotive, Chemical, Marine, Metals & Mining, Oil & Gas, Energy & Power, and Others), by Monitoring Process (Portable Condition Monitoring, and Online Condition Monitoring)

Published: April 2016
Report Code: SE10331
Available Format: pdf
Pages: 115

Machine condition monitoring is a method of monitoring the condition of a machine with the intent to foretell mechanical wear and failure. The predicted data provides health information of the machine and helps to detect machinery faults timely, which prevents unexpected failure and costly repair of the machine. The machine condition monitoring equipment tracks changes in temperature, vibration, and output of machines, in order to detect imbalance, corrosion, wear, misalignment, sediment build-up, or poorly lubricated parts.

Machine Condition Monitoring Equipment Market

Machine condition monitoring equipment market has gained importance over the past few years, as the focus of companies on productivity and asset utilization has significantly increased. The increasing use of remote monitoring, growth in heating, ventilating and air conditioning market, increasing demand for smart factories, in addition to growing penetration of industrial internet of things (IoT) are driving the growth of the global machine condition monitoring equipment market

The increasing usage of remote monitoring solutions with the help of internet of things (IoT) has spurred the growth of the global machine condition monitoring market. The remote monitoring solutions helps in the controlling of equipment located in the remote locations without the need of manually monitoring them. This saves man-power, times, and reduces the cost involved in the physical monitoring of machines installed in various industries. The advancement in internet of things (IoT) in machine conditioning is also driving the growth of the machine condition monitoring equipment market.

The purchase and installation of machine condition monitoring equipment, including industrial manufacturing condition monitoring and heavy equipment condition monitoring equipment require huge capital expenditure. In addition, the maintenance and output data analysis of machine condition equipment is costly, as it requires timely service and skilled and trained professionals to operate the overall monitoring system. These factors are hindering its full-fledged acceptance in cost sensitive industries in developing countries. Moreover, weaker government regulations and mandates regarding the predictive maintenance in developing countries, such as China and India are expected to hinder its growth during the forecast period. 

The end user industries such as oil & gas, petrochemical, energy and power are traditionally strong market for machine condition monitoring equipment. These sectors are expected to remain the major end users of machine condition monitoring equipment during the forecast period.  Significant demand of machine condition monitoring equipment is also expected from renewable energy sectors such as wind power, solar power and nuclear power. Renewable energy generation is expected to witness significant growth during the forecast period, which in turn is expected to drive the growth of the machine condition monitoring equipment market during the forecast period.

With the increasing importance of renewable energy in power generation and use; the testing and monitoring of nuclear facilities, wind and solar farms, and hydroelectric power plants are expected to drive the future revenue growth opportunities. Moreover, in order to cater the downturn in manufacturing sector, the companies are expected to optimize their asset management infrastructure during the forecast period. 

North America accounted for the largest share in the global machine condition monitoring equipment market, in terms of revenue in 2015. The North American machine condition monitoring equipment market is driven largely by the growing demand of condition monitoring from oil & gas, power and energy, end user segments.

Asia-Pacific along with other emerging countries of Latin America and Middle East are expected to be the faster growing markets of machine condition monitoring equipment during the forecast period.

Some of the major companies operating in the global machine condition monitoring equipment market include General Electric Company, Corrpro Companies Inc., Emerson Electric Co., Alava Ingenieros Group, AB SKF, Honeywell International Inc., Parker Hannifin Corporation, Rockwell Automation Inc., Azima Dli Corporation, SAJ Engineering and Trading Company, The Timken Company, National Instruments Corporation, Brüel & Kjær Vibro GmbH,  and Danaher Corporation.

Chapter 1. Introduction

1.1 Market Definition

1.2 Research Scope

1.2.1 Market breakdown by monitoring type

1.2.2 Market breakdown by monitoring process

1.2.3 Market breakdown by component

1.2.4 Market breakdown by end-user

1.2.5 Market breakdown by geography

1.3 Research Methodology & Sources

Chapter 2. Executive Summary

2.1 Key Findings

2.2 Research Summary

Chapter 3. Market Outlook

3.1 Introduction

3.2 Trends in the Global Machine Condition Monitoring Equipment Market

3.2.1 Increasing outsourcing of machine maintenance services

3.2.2 Advancement in efficiency and accuracy of machine condition monitoring equipment

3.3 Opportunities in the Global Machine Condition Monitoring Equipment Market

3.3.1 Large untapped market of Asia-Pacific and Middle East

3.3.2 Growing demand of condition monitoring equipment from renewable energy sector

3.4 Factors Driving Growth of the Market and its Impact on Market Forecast

3.4.1 Use of wireless technology in machine condition monitoring

3.4.2 Growth in the heating, ventilation and air conditioning (HVAC) Market

3.4.3 Increasing usage of remote monitoring solutions

3.4.4 Increasing demand for smart factories

3.4.5 Low barrier for market entry

3.4.6 Impact analysis of drivers on market forecast

3.5 Factors Hindering Growth of the Market and its Impact on Market Forecast

3.5.1 End-user companies striving to build condition monitoring capabilities in-house

3.5.2 High capital expenditure and maintenance requirement

3.5.3 Lack of skilled labour in developing countries

3.5.4 Impact analysis of restraints on market forecast

Chapter 4. Global Machine Condition Monitoring Equipment Market Size & Forecast (2012–2022)

4.1 Global Machine Condition Monitoring Equipment Market, by Monitoring Type

4.1.1 Vibration monitoring

4.1.2 Thermography monitoring

4.1.3 Lubricating oil analysis

4.1.4 Ultrasound monitoring

4.1.5 Corrosion monitoring

4.1.6 Motor current signature analysis

4.2 Global Machine Condition Monitoring Equipment Market, by Monitoring Process

4.2.1 Online condition monitoring

4.2.2 Portable condition monitoring

4.3 Global Machine Condition Monitoring Equipment Market, by Component

4.3.1 Ultrasound detector

4.3.2 Vibration sensor

4.3.3 Infrared sensor

4.3.4 Spectrum analyser

4.3.5 Spectrometer

4.3.6 Corrosion probes

4.4 Global Machine Condition Monitoring Equipment Market, by End User

4.4.1 Oil & gas

4.4.2 Energy & power

4.4.3 Chemical

4.4.4 Aerospace & defence

4.4.5 Marine

4.4.6 Automotive

4.4.7 Metals & mining

4.5 Global Machine Condition Monitoring Equipment Market, by Geography

Chapter 5. Global Machine Condition Monitoring Equipment Market, By Geography

5.1 North America Machine Condition Monitoring Equipment Market

5.1.1 North America machine condition monitoring equipment market, by country

5.1.2 North America machine condition monitoring equipment market, by monitoring type

5.1.3 North America machine condition monitoring equipment market, by monitoring process

5.1.4 North America machine condition monitoring equipment market, by component

5.1.5 North America machine condition monitoring equipment market, by end-user

5.2 Latin America Machine Condition Monitoring Equipment Market

5.2.1 Latin America machine condition monitoring equipment market, by country

5.2.2 Latin America machine condition monitoring equipment market, by monitoring type

5.2.3 Latin America machine condition monitoring equipment market, by monitoring process

5.2.4 Latin America machine condition monitoring equipment market, by component

5.2.5 Latin America machine condition monitoring equipment market, by end-user

5.3 Western Europe Machine Condition Monitoring Equipment Market

5.3.1 Western Europe machine condition monitoring equipment market, by country

5.3.2 Western Europe machine condition monitoring equipment market, by monitoring type

5.3.3 Western Europe machine condition monitoring equipment market, by monitoring process

5.3.4 Western Europe machine condition monitoring equipment market, by component

5.3.5 Western Europe machine condition monitoring equipment market, by end-user

5.4 Central & Eastern Europe Machine Condition Monitoring Equipment Market

5.4.1 Central & Eastern Europe machine condition monitoring equipment market, by country

5.4.2 Central & Eastern Europe machine condition monitoring equipment market, by monitoring type

5.4.3 Central & Eastern Europe machine condition monitoring equipment market, by monitoring process

5.4.4 Central & Eastern Europe machine condition monitoring equipment market, by component

5.4.5 Central & Eastern Europe machine condition monitoring equipment market, by end-user

5.5 Asia-Pacific Machine Condition Monitoring Equipment Market

5.5.1 Asia-Pacific machine condition monitoring equipment market, by country

5.5.2 Asia-Pacific machine condition monitoring equipment market, by monitoring type

5.5.3 Asia-Pacific machine condition monitoring equipment market, by monitoring process

5.5.4 Asia-Pacific machine condition monitoring equipment market, by component

5.5.5 Asia-Pacific machine condition monitoring equipment market, by end-user

5.6 Middle-East & Africa Machine Condition Monitoring Equipment Market

5.6.1 Middle-East & Africa machine condition monitoring equipment market, by country

5.6.2 Middle-East & Africa machine condition monitoring equipment market, by monitoring type

5.6.3 Middle-East & Africa machine condition monitoring equipment market, by monitoring process

5.6.4 Middle-East & Africa machine condition monitoring equipment market, by component

5.6.5 Middle-East & Africa machine condition monitoring equipment market, by end-users

Chapter 6. Competitive Analysis

6.1 Porter's Five Forces of Competitive Position Analysis

6.1.1 Bargaining power of buyers

6.1.2 Bargaining power of suppliers

6.1.3 Threat of new entrants

6.1.4 Intensity of rivalry

6.1.5 Threat of substitutes

6.2 Competitive Positioning

Chapter 7. Key Company Profiles and Strategic Developments

7.1 Key Company Profiles

7.1.1 General Electric Company

7.1.1.1 Business overview

7.1.1.2 Product and service offerings

7.1.2 Corrpro Companies Inc.

7.1.2.1 Business overview

7.1.2.2 Product and service offerings

7.1.3 Emerson Electric Co.

7.1.3.1 Business overview

7.1.3.2 Product and service offerings

7.1.4 Alava Ingenieros Group

7.1.4.1 Business overview

7.1.4.2 Product and service offerings

7.1.5 AB SKF

7.1.5.1 Business overview

7.1.5.2 Product and service offerings

7.1.6 Honeywell International Inc.

7.1.6.1 Business overview

7.1.6.2 Product and service offerings

7.1.7 Rockwell Automation Inc.

7.1.7.1 Business overview

7.1.7.2 Product and service offerings

7.1.8 Parker Hannifin Corporation

7.1.8.1 Business overview

7.1.8.2 Product and service offerings

7.1.9 National Instruments Corporation

7.1.9.1 Business overview

7.1.9.2 Product and service offerings

7.1.10 AZIMA DLI CORPORATION

7.1.10.1 Business overview

7.1.10.2 Product and service offerings

7.2 Strategic Developments in the Machine Condition Monitoring Equipment Market

7.2.1 Product launch

7.2.2 Partnership and agreement

7.2.3 Others

Chapter 8. Appendix

8.1 List of Abbreviations

 

LIST OF TABLES

TABLE 1: SPECIFIC PRIMARY AND SECONDARY SOURCES USED FOR THIS PUBLICATION

TABLE 2: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET SNAPSHOT

TABLE 3: DRIVERS FOR THE MARKET: IMPACT ANALYSIS

TABLE 4: RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS

TABLE 5: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2012 – 2015)

TABLE 6: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2016 – 2022)

TABLE 7: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2012 – 2015)

TABLE 8: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2016 – 2022)

TABLE 9: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2012 – 2015)

TABLE 10: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET BY COMPONENT, $M (2016 – 2022)

TABLE 11: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END USER, $M (2012 – 2015)

TABLE 12: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END USER, $M (2016 – 2022)

TABLE 13: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY GEOGRAPHY, $M (2012 – 2015)

TABLE 14: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY GEOGRAPHY, $M (2016 – 2022)

TABLE 15: NORTH AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COUNTRY, $M (2012– 2015)

TABLE 16: NORTH AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COUNTRY, $M (2016 – 2022)

TABLE 17: NORTH AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2012– 2015)

TABLE 18: NORTH AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2016 – 2022)

TABLE 19: NORTH AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2012– 2015)

TABLE 20: NORTH AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2016 – 2022)

TABLE 21: NORTH AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2012– 2015)

TABLE 22: NORTH AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2016 – 2022)

TABLE 23: NORTH AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END-USER, $M (2012– 2015)

TABLE 24: NORTH AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END-USER, $M (2016 – 2022)

TABLE 25: LATIN AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COUNTRY, $M (2012– 2015)

TABLE 26: LATIN AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COUNTRY, $M (2016 – 2022)

TABLE 27: LATIN AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2012– 2015)

TABLE 28: LATIN AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2016 – 2022)

TABLE 29: LATIN AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2012– 2015)

TABLE 30: LATIN AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2016 – 2022)

TABLE 31: LATIN AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2012– 2015)

TABLE 32: LATIN AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2016 – 2022)

TABLE 33: LATIN AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END-USER, $M (2012– 2015)

TABLE 34: LATIN AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END-USER, $M (2016 – 2022)

TABLE 35: WESTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COUNTRY, $M (2012– 2015)

TABLE 36: WESTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COUNTRY, $M (2016 – 2022)

TABLE 37: WESTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2012– 2015)

TABLE 38: WESTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2016 – 2022)

TABLE 39: WESTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2012– 2015)

TABLE 40: WESTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2016 – 2022)

TABLE 41: WESTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2012– 2015)

TABLE 42: WESTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2016 – 2022)

TABLE 43: WESTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END-USER, $M (2012– 2015)

TABLE 44: WESTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END-USER, $M (2016 – 2022)

TABLE 45: CENTRAL & EASTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COUNTRY, $M (2012– 2015)

TABLE 46: CENTRAL & EASTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COUNTRY, $M (2016 – 2022)

TABLE 47: CENTRAL & EASTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2012– 2015)

TABLE 48: CENTRAL & EASTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2016 – 2022)

TABLE 49: CENTRAL & EASTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2012– 2015)

TABLE 50: CENTRAL & EASTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2016 – 2022)

TABLE 51: CENTRAL & EASTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2012– 2015)

TABLE 52: CENTRAL & EASTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2016 – 2022)

TABLE 53: CENTRAL & EASTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END-USER, $M (2012– 2015)

TABLE 54: CENTRAL & EASTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END-USER, $M (2016 – 2022)

TABLE 55: ASIA-PACIFIC MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COUNTRY, $M (2012– 2015)

TABLE 56: ASIA-PACIFIC MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COUNTRY, $M (2016 – 2022)

TABLE 57: ASIA-PACIFIC MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2012– 2015)

TABLE 58: ASIA-PACIFIC MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2016 – 2022)

TABLE 59: ASIA-PACIFIC MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2012– 2015)

TABLE 60: ASIA-PACIFIC MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2016 – 2022)

TABLE 61: ASIA-PACIFIC MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2012– 2015)

TABLE 62: ASIA-PACIFIC MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2016 – 2022)

TABLE 63: ASIA-PACIFIC EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END-USER, $M (2012– 2015)

TABLE 64: ASIA-PACIFIC EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END-USER, $M (2016 – 2022)

TABLE 65: MIDDLE-EAST & AFRICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COUNTRY, $M (2012– 2015)

TABLE 66: MIDDLE-EAST & AFRICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COUNTRY, $M (2016 – 2022)

TABLE 67: MIDDLE-EAST & AFRICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2012– 2015)

TABLE 68: MIDDLE-EAST & AFRICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2016 – 2022)

TABLE 69: MIDDLE-EAST & AFRICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2012– 2015)

TABLE 70: MIDDLE-EAST & AFRICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2016 – 2022)

TABLE 71: MIDDLE-EAST & AFRICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2012– 2015)

TABLE 72: MIDDLE-EAST & AFRICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2016 – 2022)

TABLE 73: MIDDLE-EAST & AFRICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END-USER, $M (2012– 2015)

TABLE 74: MIDDLE-EAST & AFRICA MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END-USER, $M (2016 – 2022)

TABLE 75: GENERAL ELECTRIC COMPANY – KEY FACTS

TABLE 76: CORRPRO COMPANIES INC.- KEY FACTS

TABLE 77: EMERSON ELECTRIC CO. – KEY FACTS

TABLE 78: ALAVA INGENIEROS GROUP– KEY FACTS

TABLE 79: AB SKF– KEY FACTS

TABLE 80: HONEYWELL INTERNATIONAL INC.– KEY FACTS

TABLE 81: ROCKWELL AUTOMATION INC.- KEY FACTS

TABLE 82: PARKER HANNIFIN CORPORATION– KEY FACTS

TABLE 83: NATIONAL INSTRUMENTS CORPORATION– KEY FACTS

TABLE 84: AZIMA DLI CORORATION– KEY FACTS

 

LIST OF FIGURES

FIG 1: RESEARCH SCOPE FOR GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET

FIG 2: RESEARCH METHODOLOGY FOR GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET

FIG 3: KEY FINDINGS OF THE GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET

FIG 4: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING TYPE, $M (2012 - 2022)

FIG 5: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY MONITORING PROCESS, $M (2012 - 2022)

FIG 6: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY COMPONENT, $M (2012 - 2022)

FIG 7: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY END USER, $M (2012 - 2022)

FIG 8: GLOBAL MACHINE CONDITION MONITORING EQUIPMENT MARKET, BY GEOGRAPHY, $M (2012 - 2022)

FIG 9: MACHINE CONDITION MONITORING EQUIPMENT MARKET IN MAJOR COUNTRIES (2022)

FIG 10: NORTH AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET SNAPSHOT

FIG 11: LATIN AMERICA MACHINE CONDITION MONITORING EQUIPMENT MARKET SNAPSHOT

FIG 12: WESTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET SNAPSHOT

FIG 13: CENTRAL & EASTERN EUROPE MACHINE CONDITION MONITORING EQUIPMENT MARKET SNAPSHOT

FIG 14: ASIA-PACIFIC MACHINE CONDITION MONITORING EQUIPMENT MARKET SNAPSHOT

FIG 15: MIDDLE-EAST & AFRICA MACHINE CONDITION MONITORING EQUIPMENT MARKET SNAPSHOT

FIG 16: PORTER’S FIVE FORCES OF COMPETITIVE POSITION ANALYSIS

FIG 17: COMPETITIVE POSITIONING OF GLOBAL MACHINE CONDITION MONITORING, BY COMPONENT

The research offers actual historical market size for the period 2012 – 2015, and market forecast for the period 2016 – 2022 of the global machine condition monitoring equipment market in terms of value ($ million). The market size breakdown is as follows:

Global Machine Condition Monitoring Equipment Market

  • By Monitoring Type – Vibration monitoring, Ultrasound emission,  Thermography, Lubricating oil analysis, Corrosion monitoring, Motor current signature analysis, and Others
  • By Monitoring Process – Portable condition monitoring, and Online condition monitoring
  • By Component - Vibration sensor, Ultrasound detector, Infrared sensor, Spectrometer, Corrosion probes, Spectrum analyzer and Others
  • By End User – Aerospace & Defense, Automotive, Chemicals, Marine, Metals & Mining, Oil & Gas, Energy & Power, and Others 
  • By Geography –North America, Latin America, Western Europe, Central and Eastern Europe Asia-Pacific, and Middle East and Africa (MEA)

 

Global Machine Condition Monitoring Equipment Market, by Geography
North America Machine Condition Monitoring Equipment Market

  • By Country – U.S., Canada, and Rest of North America
  • By Monitoring Type
  • By Monitoring Process
  • By Component
  • By End User

Latin America Machine Condition Monitoring Equipment Market

  • By Country – Brazil, Argentina, and Rest of Latin America
  • By Monitoring Type
  • By Monitoring Process
  • By Component
  • By End User

Western Europe Machine Condition Monitoring Equipment Market

  • By Country – U.K., Germany, France, Italy, and Rest of Western Europe
  • By Monitoring Type
  • By Monitoring Process
  • By Component
  • By End User

Central and Eastern Europe Machine Condition Monitoring Equipment Market

  • By Country – Russia, and Rest of Central and Eastern Europe
  • By Monitoring Type
  • By Monitoring Process
  • By Component
  • By End User

Asia-Pacific Machine Condition Monitoring Equipment Market

  • By Country – China, Japan, India, Australia, and Rest of Asia-Pacific
  • By Monitoring Type
  • By Monitoring Process
  • By Component 
  • By End User

Middle East and Africa (MEA) Machine Condition Monitoring Equipment Market

  • By Country – Saudi Arabia, and Rest of MEA
  • By Monitoring Type
  • By Monitoring Process
  • By Component 
  • By End User

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