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  4. > Global Machine Condition Monitoring Market - Growth, Trends & Forecasts (2016 - 2021)

Increasing equipment performance and productivity through predictive maintenance, enhancement in equipment reliability by effective projection of their failures and inclination towards HVAC market are the key factors that are enabling the machine condition monitoring services market to grow lucratively. The global machine condition monitoring market is expected to grow from USD 1.7 billion in 2015 to USD 2.34 billion in 2020, at a CAGR of 6.54% during the period 2016 - 2021.

Machine condition monitoring software helps in detecting problems at an early stage and helps in avoiding major damage or even total failure of the equipment. Machine condition monitoring systems have gained significance over time as companies are focusing on asset utilization and increasing productivity.

The machine condition monitoring  market has been segmented on the basis of -


·                 Type (Online Vibration Monitor, Portable Vibration Monitor and Others)
·                 Product (Vibration Monitoring, Lubricating Oil Analysis, Thermography, Ultrasound Emission and Others)
·                 Component (Accelerometer, Proximity Probes, Tachometer, Spectrometer, Thermal Camera and Others)
·                 Application (Automotive, Energy & Power, Aerospace and Defense, Oil & Gas, Chemical and Others)
·                 Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)


The United States and Europe are leading the global machine condition monitoring markets, followed by Asia-Pacific.



DRIVERS

Due to its extensive use in process industries for troubleshooting and fault diagnosis of machinery, vibration monitoring software holds the leading place amongst all machine condition monitoring maintenance technologies.



RESTRAINTS

The main factor hindering the growth of machine condition monitoring market is unpredictable maintenance periods.

The report also considers key trends that will impact the motor condition monitoring industry and profiles over 10 leading suppliers of the market.

Some of the top players mentioned in the report are


·                 Bruel & Kjaer (Denmark)
·                 Emerson Electric Company (U.S.)
·                 General Electric Corporation (U.S.)
·                 Honeywell International (U.S.)
·                 Rockwell Automation Inc. (U.S.)




Key Deliverables in the Study

1. Market analysis for the global machine condition monitoring market, with region specific assessments and competition analysis on global and regional scale.

2. Market definition along with the identification of key

DRIVERS and

RESTRAINTS.

3. Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.

4. Extensively researched competitive landscape section with profiles of major companies along with their market share.5. Identification and analysis of the macro and micro factors that affect the global wearable medical devices market on both global and regional scale.

6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

7. A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

8. Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.

Table Of Contents

Global Machine Condition Monitoring Market - Growth, Trends and Forecasts (2016 - 2021)
1. Introduction

                      1.1 Description

                      1.2 Research Methodology

                      1.3 Report Outline by Type, Product, Component, Application, and Geographies Covered

2. Executive Summary

3. Market Overview

                      3.1 Current Market Scenario

                      3.2 Applications of Machine Condition Monitoring Market

                      3.3 Factors Driving the Market

                                              3.3.1 Increasing Equipment Performance and Productivity Through Predictive Maintenance

                                              3.3.2 Equipment Reliability Enhancement by Effective Projection of Their Failures

                                              3.3.3 Inclination of Growth Towards HVAC Market

                      3.4 Factors Restraining the Market

                                              3.4.1 Economic Slowdown Due To Restricted End-User Spending

                                              3.4.2 Unpredictable Maintenance Periods

                      3.5 Current Market Opportunities

                      3.6 Technology Snapshot

                      3.7 Porter’s Five Forces

                                              3.7.1 Bargaining Power of Suppliers

                                              3.7.2 Bargaining Power of Consumers

                                              3.7.3 Threat of New Entrants

                                              3.7.4 Threat of Substitute Products and Services

                                              3.7.5 Competitive Rivalry within the Industry

4. Machine Condition Monitoring Market Breakdown by Type - Market Share, Forecast

                      4.1 Online Machine Monitoring

                                              4.1.1 Introduction

                                              4.1.2 Market Share, Size and Forecast

                      4.2 Portable Machine Monitoring

                                              4.2.1 Introduction

                                              4.2.2 Market Share, Size and Forecast

                      4.3 Others

                                              4.3.1 Introduction

                                              4.3.2 Market Share, Size and Forecast

5. Machine Condition Monitoring Market Breakdown by Product - Market Share, Forecast

                      5.1 Vibration Monitoring

                                              5.1.1 Introduction

                                              5.1.2 Market Share, Size and Forecast

                      5.2 Lubricating Oil Analysis

                                              5.2.1 Introduction

                                              5.2.2 Market Share, Size and Forecast

                      5.3 Thermography

                                              5.3.1 Introduction

                                              5.3.2 Market Share, Size and Forecast

                      5.4 Ultrasound Emission

                                              5.4.1 Introduction

                                              5.4.2 Market Share, Size and Forecast

                      5.5 Others

                                              5.5.1 Introduction

                                              5.5.2 Market Share, Size and Forecast

6. Machine Condition Monitoring Market Breakdown by Component - Market Share, Forecast

                      6.1 Accelerometer

                                              6.1.1 Introduction

                                              6.1.2 Market Share, Size and Forecast

                      6.2 Proximity Probes

                                              6.2.1 Introduction

                                              6.2.2 Market Share, Size and Forecast

                      6.3 Tachometer

                                              6.3.1 Introduction

                                              6.3.2 Market Share, Size and Forecast

                      6.4 Spectrometer

                                              6.4.1 Introduction

                                              6.4.2 Market Share, Size and Forecast

                      6.5 Thermal Camera

                                              6.5.1 Introduction

                                              6.5.2 Market Share, Size and Forecast

                      6.6 Others

                                              6.6.1 Introduction

                                              6.6.2 Market Share, Size and Forecast

7. Machine Condition Monitoring Market Breakdown by Application - Market Share, Forecast

                      7.1 Energy and Power

                                              7.1.1 Introduction

                                              7.1.2 Market Share, Size and Forecast

                      7.2 Aerospace and Defense

                                              7.2.1 Introduction

                                              7.2.2 Market Share, Size and Forecast

                      7.3 Oil and Gas

                                              7.3.1 Introduction

                                              7.3.2 Market Share, Size and Forecast

                      7.4 Chemical

                                              7.4.1 Introduction

                                              7.4.2 Market Share, Size and Forecast

                      7.5 Automotive

                                              7.5.1 Introduction

                                              7.5.2 Market Share, Size and Forecast

                      7.6 Others

                                              7.6.1 Introduction

                                              7.6.2 Market Share, Size and Forecast

8. Machine Condition Monitoring Market by Geography

                      8.1 North America

                                              8.1.1 Introduction

                                              8.1.2 United States

                                                                      8.1.2.1 Market Share, Size and Forecast by Type and Product

                                                                      8.1.2.2 Market Share, Size and Forecast by Component and Application

                                              8.1.3 Canada

                                                                      8.1.3.1 Market Share, Size and Forecast by Type and Product

                                                                      8.1.3.2 Market Share, Size and Forecast by Component and Application

                                              8.1.4 Others

                                                                      8.1.4.1 Market Share, Size and Forecast by Type and Product

                                                                      8.1.4.2 Market Share, Size and Forecast by Component and Application

                      8.2 Europe

                                              8.2.1 Introduction

                                              8.2.2 Germany

                                                                      8.2.2.1 Market Share, Size and Forecast by Type and Product

                                                                      8.2.2.2 Market Share, Size and Forecast by Component and Application

                                              8.2.3 United Kingdom

                                                                      8.2.3.1 Market Share, Size and Forecast by Type and Product

                                                                      8.2.3.2 Market Share, Size and Forecast by Component and Application

                                              8.2.4 France

                                                                      8.2.4.1 Market Share, Size and Forecast by Type and Product

                                                                      8.2.4.2 Market Share, Size and Forecast by Component and Application

                                              8.2.5 Rest of Europe

                                                                      8.2.5.1 Market Share, Size and Forecast by Type and Product

                                                                      8.2.5.2 Market Share, Size and Forecast by Component and Application

                      8.3 Asia Pacific

                                              8.3.1  Introduction

                                              8.3.2 China

                                                                      8.3.2.1 Market Share, Size and Forecast by Type and Product

                                                                      8.3.2.2 Market Share, Size and Forecast by Component and Application

                                              8.3.3 Japan

                                                                      8.3.3.1 Market Share, Size and Forecast by Type and Product

                                                                      8.3.3.2 Market Share, Size and Forecast by Component and Application

                                              8.3.4 India

                                                                      8.3.4.1 Market Share, Size and Forecast by Type and Product

                                                                      8.3.4.2 Market Share, Size and Forecast by Component and Application

                                              8.3.5 Others

                                                                      8.3.5.1 Market Share, Size and Forecast by Type and Product

                                                                      8.3.5.2 Market Share, Size and Forecast by Component and Application

                      8.4 Rest of the World

                                              8.4.1 Introduction

                                                                      8.4.1.1 Market Share, Size and Forecast by Type and Product

                                                                      8.4.1.2 Market Share, Size and Forecast by Component and Application

9. Vendor Market Share by Machine Condition Monitoring Market

10. Company Profiles of Machine Condition Monitoring Market

                      10.1 Rockwell Automation, Inc

                                              10.1.1 Overview

                                              10.1.2 Products and Services

                                              10.1.3 Recent Developments

                      10.2 National Instruments

                                              10.2.1 Overview

                                              10.2.2 Products and Services

                                              10.2.3 Recent Developments

                      10.3 Bruel and Kjaer

                                              10.3.1 Overview

                                              10.3.2 Products and Services

                                              10.3.3 Recent Developments

                      10.4 Emerson Process Management

                                              10.4.1 Overview

                                              10.4.2 Products and Services

                                              10.4.3 Recent Developments

                      10.5 Honeywell International, Inc

                                              10.5.1 Overview

                                              10.5.2 Products and Services

                                              10.5.3 Recent Developments

                      10.6 General Electric

                                              10.6.1 Overview

                                              10.6.2 Products and Services

                                              10.6.3 Recent Developments

                      10.7 Fluke Corporation

                                              10.7.1 Overview

                                              10.7.2 Products and Services

                                              10.7.3 Recent Developments

                      10.8 Azima DLI LLC

                                              10.8.1 Overview

                                              10.8.2 Products and Services

                                              10.8.3 Recent Developments

                      10.9 Parker Hannifin Corporation

                                              10.9.1 Overview

                                              10.9.2 Products and Services

                                              10.9.3 Recent Developments

                      10.10 CTRL Systems, Inc

                                              10.10.1 Overview

                                              10.10.2 Products and Services

                                              10.10.3 Recent Developments

11. Market Landscape

                      11.1 Competition Analysis

                      11.2 Strategies

                      11.3 Geographical Footprint

                      11.4 Offerings

12. Investment Analysis

                      12.1 Recent Mergers and Acquisitions

                      12.2 Investor Outlook

13. Future Outlook of Machine Condition Monitoring Market

 

LIST OF TABLES

1: Global Machine Condition Monitoring Market Revenue, 2014-2020 ($Billion)

2: Machine Condition Monitoring Market Revenue, by Type, Online Machine Monitoring, 2014-2020 ($Billion)

3: Machine Condition Monitoring Market Revenue, by Type, Portable Machine Monitoring, 2014-2020 ($Billion)

4: Machine Condition Monitoring Market Revenue, by Type, Others, 2014-2020 ($Billion)

5: Machine Condition Monitoring Market Revenue, by Product,Vibration Monitoring, 2014-2020 ($Billion)

6: Machine Condition Monitoring Market Revenue, by Product, Lubricating Oil Analysis, 2014-2020 ($Billion)

7: Machine Condition Monitoring Market Revenue, by Product, Thermography, 2014-2020 ($Billion)

8: Machine Condition Monitoring Market Revenue, by Product, Ultrasound Emission, 2014-2020 ($Billion)

9: Machine Condition Monitoring Market Revenue, by Product, Others, 2014-2020 ($Billion)

10: Machine Condition Monitoring Market Revenue, by Component, Accelerometer, 2014-2020 ($Billion)

11: Machine Condition Monitoring Market Revenue, by Component, Proximity Probes, 2014-2020 ($Billion)

12: Machine Condition Monitoring Market Revenue, by Component, Tachometer, 2014-2020 ($Billion)

13: Machine Condition Monitoring Market Revenue, by Component, Spectrometer, 2014-2020 ($Billion)

14: Machine Condition Monitoring Market Revenue, by Component, Thermal Camera, 2014-2020 ($Billion)

15: Machine Condition Monitoring Market Revenue, by Component, Others, 2014-2020 ($Billion)

16: Machine Condition Monitoring Market Revenue, by Application, Energy and Power, 2014-2020 ($Billion)

17: Machine Condition Monitoring Market Revenue, by Application, Aerospace and Defense, 2014-2020 ($Billion)

18: Machine Condition Monitoring Market Revenue, by Application, Oil and Gas, 2014-2020 ($Billion)

19: Machine Condition Monitoring Market Revenue, by Application, Chemical, 2014-2020 ($Billion)

20: Machine Condition Monitoring Market Revenue, by Application, Automotive, 2014-2020 ($Billion)

21: Machine Condition Monitoring Market Revenue, by Application, Others, 2014-2020 ($Billion)

22: Machine Condition   Monitoring Market Revenue, by Region, North America, 2014-2020 ($Billion)

23: Machine Condition   Monitoring Market Revenue, by Country, United States, 2014-2020 ($Billion)

24: Machine Condition   Monitoring Market Revenue, by Country, Canada, 2014-2020 ($Billion)

25: Machine Condition   Monitoring Market Revenue, by Country, Others, 2014-2020 ($Billion)

26: Machine Condition   Monitoring Market Revenue, by Region, Europe, 2014-2020 ($Billion)

27: Machine Condition   Monitoring Market Revenue, by Country, United Kingdom, 2014-2020 ($Billion)

28: Machine Condition   Monitoring Market Revenue, by Country, France, 2014-2020 ($Billion)

29: Machine Condition   Monitoring Market Revenue, by Country, Germany, 2014-2020 ($Billion)

30: Machine Condition   Monitoring Market Revenue, by Country, Others, 2014-2020 ($Billion)

31: Machine Condition   Monitoring Market Revenue, by Region, Asia Pacific, 2014-2020 ($Billion)

32: Machine Condition   Monitoring Market Revenue, by Country, China, 2014-2020 ($Billion)

33: Machine Condition   Monitoring Market Revenue, by Country, India, 2014-2020 ($Billion)

34: Machine Condition   Monitoring Market Revenue, by Country, Japan, 2014-2020 ($Billion)

35: Machine Condition   Monitoring Market Revenue, by Country, Others, 2014-2020 ($Billion)

36: Machine Condition   Monitoring Market Revenue, by Region, Rest Of The World, 2014-2020 ($Billion)

View This Report »

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