Market Research Report

Global Machine Condition Monitoring Market Report By Component (Hardware, Software, Services), Type (Thermography, Vibration Monitoring, Lubrication Oil Monitoring, Acoustic Emission Monitoring, Ultrasound Monitoring, Corrosion Monitoring, Current Signature Monitoring And Others), Solution (Online Monitoring, Integrated Monitoring, Continuous Remote Monitoring, Route Based Monitoring), End-Use (Aerospace & Defense, Automotive, Oil & Gas, Metal & Mining, Marine, Food & Beverage, Chemicals & Pharmaceuticals And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028

ID:VMR11211494
March 2022
Report Formats: Report Formats
The global demand for Machine Condition Monitoring Market is presumed to reach the valuation of nearlyUSD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028.
 
Machine condition monitoring is used to find any failure in the machine such as noise, vibration and temperature changes. Machine condition monitoring techniques are used mostly in electric motors, rotating equipment, pumps, and internal combustion engines. The machine condition monitoring system helps in predicting mechanical wear, tear, and failure by monitoring the condition. In addition, remote monitoring offers real-time data to the operator, and is the most preferred monitoring process in hazardous plants that work continuously. The demand for machine condition monitoring is rapidly growing as they are widely used in various industries such as the chemicals industry, automotive, metals, and mining industry.
 
Market Dynamics
 
Rising technological advancement in wireless technology and remote monitoring is fuelling market growth. An increase in the need for reduced maintenance costs along with unexpected machine failure is expected to propel the growth of the global machine condition monitoring market.  The demand for machine condition monitoring is rapidly increasing due to widely used across various industries like automotive, metals, chemicals, aerospace & defense, and mining. Furthermore, the development of the wind energy market has to contribute towards the growth of the machine condition monitoring system globally and providing demand in the market.
 
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
 
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of machine condition monitoring.
 
Market Segmentation
 
The entire machine condition monitoring market has been sub-categorized into component, type, solution and end-use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
 
By Component
  • Hardware
  • Software
  • Services
 
By Type
  • Thermography
  • Vibration Monitoring
  • Lubrication Oil Monitoring
  • Acoustic Emission Monitoring
  • Ultrasound Monitoring
  • Corrosion Monitoring
  • Current Signature Monitoring
  • Others
 
By Solution
  • Online Monitoring
  • Integrated Monitoring
  • Continuous Remote Monitoring
  • Route Based Monitoring
 
By End-use
  • Aerospace & Defense
  • Automotive
  • Oil & Gas
  • Metal & Mining
  • Marine
  • Food & Beverage
  • Chemicals & Pharmaceuticals
  • Others 
 
Regional Analysis
 
This section covers regional segmentation which accentuates on current and future demand for machine condition monitoring market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
 
Global Machine Condition Monitoring Market Share by Region (Representative Graph)

Global Machine Condition Monitoring Market Share

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the machine condition monitoring market include ALS Limited, Brüel & Kjær Vibro GmbH, Emerson Electric Co., Fluke Corporation, General Electric, Honeywell International, Meggitt SA, National Hardware, Parker Hannifin Corp, PRÜFTECHNIK Dieter Busch AG, Rockwell Automation, Inc., Schaeffler Technologies AG & Co. KG and SKF. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
                                          
 
METHODOLOGY:
 
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources,  Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
 
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . MACHINE CONDITION MONITORING – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 Market Attractiveness Analysis By Component
           3.7.2 Market Attractiveness Analysis By Type
           3.7.3 Market Attractiveness Analysis By Solution
           3.7.4 Market Attractiveness Analysis By End-use
           3.7.5 Market Attractiveness Analysis By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic 
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL MACHINE CONDITION MONITORING MARKET ANALYSIS BY COMPONENT
       6.1 Overview by Component
       6.2 Historical and Forecast Data
       6.3 Analysis by Component
       6.4 Hardware Historic and Forecast Sales by Regions
       6.5 Software Historic and Forecast Sales by Regions
       6.6 Services Historic and Forecast Sales by Regions
 
7 . GLOBAL MACHINE CONDITION MONITORING MARKET ANALYSIS BY TYPE
       7.1 Overview by Type
       7.2 Historical and Forecast Data
       7.3 Analysis by Type
       7.4 Thermography Historic and Forecast Sales by Regions
       7.5 Vibration Monitoring Historic and Forecast Sales by Regions
       7.6 Lubrication Oil Monitoring Historic and Forecast Sales by Regions
       7.7 Acoustic Emission Monitoring Historic and Forecast Sales by Regions
       7.8 Ultrasound Monitoring Historic and Forecast Sales by Regions
       7.9 Corrosion Monitoring Historic and Forecast Sales by Regions
       7.10. Current Signature Monitoring Historic and Forecast Sales by Regions
       7.11 Others Historic and Forecast Sales by Regions
 
8 . GLOBAL MACHINE CONDITION MONITORING MARKET ANALYSIS BY SOLUTION
       8.1 Overview by Solution
       8.2 Historical and Forecast Data
       8.3 Analysis by Solution
       8.4 Online Monitoring Historic and Forecast Sales by Regions
       8.5 Integrated Monitoring Historic and Forecast Sales by Regions
       8.6 Continuous Remote Monitoring Historic and Forecast Sales by Regions
       8.7 Route Based Monitoring Historic and Forecast Sales by Regions
 
9 . GLOBAL MACHINE CONDITION MONITORING MARKET ANALYSIS BY END-USE
       9.1 Overview by End-use
       9.2 Historical and Forecast Data
       9.3 Analysis by End-use
       9.4 Aerospace & Defense Historic and Forecast Sales by Regions
       9.5 Automotive Historic and Forecast Sales by Regions
       9.6 Oil & Gas Historic and Forecast Sales by Regions
       9.7 Metal & Mining Historic and Forecast Sales by Regions
       9.8 Marine Historic and Forecast Sales by Regions
       9.9 Food & Beverage Historic and Forecast Sales by Regions
       9.10. Chemicals & Pharmaceuticals Historic and Forecast Sales by Regions
       9.11 Others Historic and Forecast Sales by Regions
 
10 . GLOBAL MACHINE CONDITION MONITORING MARKET ANALYSIS BY GEOGRAPHY
       10.1. Regional Outlook
       10.2. Introduction
       10.3. North America Sales Analysis
           10.3.1. Overview, Historic and Forecast Sales Analysis
           10.3.2. North America By Segment Sales Analysis
           10.3.3. North America By Country Sales Analysis
           10.3.4. United State Sales Analysis
           10.3.5. Canada Sales Analysis
           10.3.6. Mexico Sales Analysis
       10.4. Europe Sales Analysis
           10.4.1. Overview, Historic and Forecast Sales Analysis
           10.4.2. Europe by Segment Sales Analysis
           10.4.3. Europe by Country Sales Analysis
           10.4.4. United Kingdom Sales Analysis
           10.4.5. France Sales Analysis
           10.4.6. Germany Sales Analysis
           10.4.7. Italy Sales Analysis
           10.4.8. Russia Sales Analysis
           10.4.9. Rest Of Europe Sales Analysis
       10.5. Asia Pacific Sales Analysis
           10.5.1. Overview, Historic and Forecast Sales Analysis
           10.5.2. Asia Pacific by Segment Sales Analysis
           10.5.3. Asia Pacific by Country Sales Analysis
           10.5.4. China Sales Analysis
           10.5.5. India Sales Analysis
           10.5.6. Japan Sales Analysis
           10.5.7. South Korea Sales Analysis
           10.5.8. Australia Sales Analysis
           10.5.9. Rest Of Asia Pacific Sales Analysis
       10.6. Latin America Sales Analysis
           10.6.1. Overview, Historic and Forecast Sales Analysis
           10.6.2. Latin America by Segment Sales Analysis
           10.6.3. Latin America by Country Sales Analysis
           10.6.4. Brazil Sales Analysis
           10.6.5. Argentina Sales Analysis
           10.6.6. Peru Sales Analysis
           10.6.7. Chile Sales Analysis
           10.6.8. Rest of Latin America Sales Analysis
       10.7. Middle East & Africa Sales Analysis
           10.7.1. Overview, Historic and Forecast Sales Analysis
           10.7.2. Middle East & Africa by Segment Sales Analysis
           10.7.3. Middle East & Africa by Country Sales Analysis
           10.7.4. Saudi Arabia Sales Analysis
           10.7.5. UAE Sales Analysis
           10.7.6. Israel Sales Analysis
           10.7.7. South Africa Sales Analysis
           10.7.8. Rest Of Middle East And Africa Sales Analysis
 
11 . COMPETITIVE LANDSCAPE OF THE MACHINE CONDITION MONITORING COMPANIES
       11.1. Machine Condition Monitoring Market Competition
       11.2. Partnership/Collaboration/Agreement
       11.3. Merger And Acquisitions
       11.4. New Product Launch
       11.5. Other Developments
 
12 . COMPANY PROFILES OF MACHINE CONDITION MONITORING INDUSTRY
       12.1. Top 10  Company Share Analysis
       12.2. Market Concentration Rate
       12.3. ALS Limited
           12.3.1. Company Overview
           12.3.2. Company Revenue
           12.3.3. Products
           12.3.4. Recent Developments
       12.4. Brüel & Kjær Vibro GmbH
           12.4.1. Company Overview
           12.4.2. Company Revenue
           12.4.3. Products
           12.4.4. Recent Developments
       12.5. Emerson Electric Co.
           12.5.1. Company Overview
           12.5.2. Company Revenue
           12.5.3. Products
           12.5.4. Recent Developments
       12.6. Fluke Corporation
           12.6.1. Company Overview
           12.6.2. Company Revenue
           12.6.3. Products
           12.6.4. Recent Developments
       12.7. General Electric
           12.7.1. Company Overview
           12.7.2. Company Revenue
           12.7.3. Products
           12.7.4. Recent Developments
       12.8. Honeywell International
           12.8.1. Company Overview
           12.8.2. Company Revenue
           12.8.3. Products
           12.8.4. Recent Developments
       12.9. Meggitt SA
           12.9.1. Company Overview
           12.9.2. Company Revenue
           12.9.3. Products
           12.9.4. Recent Developments
       12.10. National Hardware
           12.10.1. Company Overview
           12.10.2. Company Revenue
           12.10.3. Products
           12.10.4. Recent Developments
       12.11. Parker Hannifin Corp
           12.11.1. Company Overview
           12.11.2. Company Revenue
           12.11.3. Products
           12.11.4. Recent Developments
       12.12. PRÜFTECHNIK Dieter Busch AG
           12.12.1. Company Overview
           12.12.2. Company Revenue
           12.12.3. Products
           12.12.4. Recent Developments
       12.13. Rockwell Automation Inc.
           12.13.1. Company Overview
           12.13.2. Company Revenue
           12.13.3. Products
           12.13.4. Recent Developments
       12.14. Schaeffler Technologies AG & Co. KG
           12.14.1. Company Overview
           12.14.2. Company Revenue
           12.14.3. Products
           12.14.4. Recent Developments
       12.15. SKF
           12.15.1. Company Overview
           12.15.2. Company Revenue
           12.15.3. Products
           12.15.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Component (USD MN)
  •  Hardware Market Sales by Geography (USD MN)
  •  Software Market Sales by Geography (USD MN)
  •  Services Market Sales by Geography (USD MN)
  •  Analysis Market by Type (USD MN)
  •  Thermography Market Sales by Geography (USD MN)
  •  Vibration Monitoring Market Sales by Geography (USD MN)
  •  Lubrication Oil Monitoring Market Sales by Geography (USD MN)
  •  Acoustic Emission Monitoring Market Sales by Geography (USD MN)
  •  Ultrasound Monitoring Market Sales by Geography (USD MN)
  •  Corrosion Monitoring Market Sales by Geography (USD MN)
  •  Current Signature Monitoring Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Analysis by Solution (USD MN)
  •  Online Monitoring Market Sales by Geography (USD MN)
  •  Integrated Monitoring Market Sales by Geography (USD MN)
  •  Continuous Remote Monitoring Market Sales by Geography (USD MN)
  •  Route Based Monitoring Market Sales by Geography (USD MN)
  •  Analysis by End-use (USD MN)
  •  Aerospace & Defense Market Sales by Geography (USD MN)
  •  Automotive Market Sales by Geography (USD MN)
  •  Oil & Gas Market Sales by Geography (USD MN)
  •  Metal & Mining Market Sales by Geography (USD MN)
  •  Marine Market Sales by Geography (USD MN)
  •  Food & Beverage Market Sales by Geography (USD MN)
  •  Chemicals & Pharmaceuticals Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Global Machine Condition Monitoring Market Sales by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 
 LIST OF FIGURES
 
  •  Research Scope of Machine Condition Monitoring Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Machine Condition Monitoring Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Component
  •  Market Attractiveness Analysis by Type
  •  Market Attractiveness Analysis by Solution
  •  Market Attractiveness Analysis by End-use
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis Component (USD MN)
  •  Hardware Market Sales by Geography (USD MN)
  •  Software Market Sales by Geography (USD MN)
  •  Services Market Sales by Geography (USD MN)
  •  Global Market Analysis by Type (USD MN)
  •  Thermography Market Sales by Geography (USD MN)
  •  Vibration Monitoring Market Sales by Geography (USD MN)
  •  Lubrication Oil Monitoring Market Sales by Geography (USD MN)
  •  Acoustic Emission Monitoring Market Sales by Geography (USD MN)
  •  Ultrasound Monitoring Market Sales by Geography (USD MN)
  •  Corrosion Monitoring Market Sales by Geography (USD MN)
  •  Current Signature Monitoring Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Global Market Analysis by Solution (USD MN)
  •  Online Monitoring Market Sales by Geography (USD MN)
  •  Integrated Monitoring Market Sales by Geography (USD MN)
  •  Continuous Remote Monitoring Market Sales by Geography (USD MN)
  •  Route Based Monitoring Market Sales by Geography (USD MN)
  •  Global Market Analysis by End-use (USD MN)
  •  Aerospace & Defense Market Sales by Geography (USD MN)
  •  Automotive Market Sales by Geography (USD MN)
  •  Oil & Gas Market Sales by Geography (USD MN)
  •  Metal & Mining Market Sales by Geography (USD MN)
  •  Marine Market Sales by Geography (USD MN)
  •  Food & Beverage Market Sales by Geography (USD MN)
  •  Chemicals & Pharmaceuticals Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Top 10  Company Share Analysis
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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