The global machine condition monitoring equipment market research report provides detailed information about the industry based on the revenue (USD MN) for the forecast period. The research study is a descriptive analysis of this market emphasizing the market drivers and restraints that govern the overall market growth. The trends and future prospects for the market are also included in the report which gives an intellectual understanding of this industry. Furthermore, the report quantifies the market share held by the major players of the industry and provides an in-depth view of the competitive landscape. This market is classified into different segments with detailed analysis of each with respect to geography for the study period.
Study period considered for research of this market:
A glimpse of the major drivers and restraints affecting this market is mentioned below.
- Base Year: 2015
- Estimated Year: 2016
- Forecast Till: 2022
- Increasing usage of remote monitoring solutions
- Increasing demand for smart factories
- Low barrier for market entry
- High capital expenditure and maintenance requirement
- Lack of skilled labour in developing countries
The report offers a value chain analysis that gives a comprehensive outlook of this market. The attractiveness analysis of thismarket has also been included so as to evaluate the segments that are anticipated to be profitable during the forecast period.
This market has been segmented based on monitoring types such as vibration monitoring, ultrasound emission, thermography, lubricating oil analysis, corrosion monitoring, motor current signature analysis and others. The study incorporates periodic market estimates and forecasts. Each monitoring type has been analyzed based on the market size at regional and country levels.
This market has been segmented based on monitoring process such as portable condition monitoring and online condition monitoring. The study incorporates periodic market estimates and forecasts. Each monitoring process has been analyzed based on the market size at regional and country levels.
This market has been segmented based on component such as vibration sensor, ultrasound detector, infrared sensor, spectrometer, corrosion probes, spectrum analyzer and others. The study incorporates periodic market estimates and forecasts. Each component has been analyzed based on the market size at regional and country levels.
This market has been segmented based on end user such as Aerospace & Defense, Automotive, Chemicals, Marine, Metals & Mining, Oil & Gas, Energy & Power and Others. The report provides forecast and estimates for each end user in terms of market size during the study period. Each end user has been further analyzed based on regional and country levels.
Geographically, this market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.The study details country-level aspects based on each segment and gives estimates in terms of market size.
The report also studies the competitive landscape of the global market with company profiles of players such as AB SKF, Alava Ingenieros Group, Azima Dli Corporation, Brüel & Kjær Vibro GmbH, Corrpro Companies, Inc., Danaher Corporation, Emerson Electric Co., General Electric Company, Honeywell International Inc., National Instruments Corporation, Parker Hannifin Corporation, Rockwell Automation, Inc., SAJ Engineering and Trading Company and The Timken Company. A detailed description of each has been included, with information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments. This analysis gives a thorough idea about the competitive positioning of market players. The report also gives information of this market’s mergers/acquisitions, partnerships, collaborations, new product launches, new product developments and other industry developments.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
SEGMENTATIONS IN REPORT:
By Monitoring Type:
By Monitoring Process:
- Vibration Monitoring
- Ultrasound Emission
- Lubricating Oil Analysis
- Corrosion Monitoring
- Motor Current Signature Analysis
- Portable Condition Monitoring
- Online Condition Monitoring
By End User:
- Vibration Sensor
- Ultrasound Detector
- Infrared Sensor
- Corrosion Probes
- Spectrum Analyzer
- Aerospace & Defense
- Metals & Mining
- Oil & Gas
- Energy & Power
- North America
- Asia Pacific
- Latin America
- Middle East And Africa