accuray research

Global Machine Condition Monitoring Market Analysis & Trends - Industry Forecast to 2027

Share
  • Description
  • Table of Content
  • List of Tables
  • Request Sample

The Global Machine Condition Monitoring Market is poised to grow strong during the forecast period 2017 to 2027. Some of the prominent trends that the market is witnessing include increasing demand for vibration monitoring through wireless systems, rising online machine condition monitoring in developing nations and integration of IoT machine condition monitoring.

Based on monitoring type, market is segmented into corrosion monitoring, infrared thermography, lubricating oil analysis, Motor Current Signature Analysis (MCSA), ultrasound emission and vibration monitoring. Depending on monitoring process, market is classified into online condition monitoring and portable condition monitoring. 

On the basis of offering, market is classified into software and hardware. Further, software offerings are sub segmented into diagnostic reporting, parameter calculation, data integration and order tracking analysis, and Hardware Offerings are sub classified into ultrasound detectors, corrosion probes, infrared sensors, spectrum analyzers, vibration sensors and spectrometers. 

By end user, market is segregated into aerospace and defense, automotive, chemical and petrochemical, energy and power, food and beverages, marine, metals and mining, oil and gas and other end users. Other end users are sub categorized by pulp and paper, cement, pharmaceutical and semiconductor & electronics.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2027. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis. 

Regional Analysis:
North America
- US
- Canada
- Mexico

Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe

Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific

Middle East
- Saudi Arabia  
- UAE   
- Rest of Middle East 

Latin America
- Argentina  
- Brazil   
- Rest of Latin America 

Rest of the World
- South Africa
- Others

Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2027, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends 
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2027
- Market opportunities and recommendations for new investments

1 Market Outline       
 1.1 Research Methodology     
  1.1.1 Research Approach & Sources    
 1.2 Market Trends      
 1.3 Regulatory Factors      
 1.4 End User Analysis      
 1.5 Strategic Benchmarking     
 1.6 Opportunity Analysis      
         
2 Executive Summary       
         
3 Market Overview       
 3.1 Current Trends      
  3.1.1 Increasing demand for vibration monitoring through wireless systems
  3.1.2 Rising online machine condition monitoring in developing nations 
  3.1.3 Integration of IoT machine condition monitoring  
  3.1.4 Growth Opportunities/Investment Opportunities  
 3.2 Drivers       
 3.3 Constraints      
 3.4 Industry Attractiveness     
  3.4.1 Bargaining power of suppliers    
  3.4.2 Bargaining power of buyers    
  3.4.3 Threat of substitutes     
  3.4.4 Threat of new entrants    
  3.4.5 Competitive rivalry     
         
4 Machine Condition Monitoring Market, By Monitoring Type   
 4.1 Corrosion Monitoring     
  4.1.1 Corrosion Monitoring Market Forecast to 2027 (US$ MN) 
 4.2 Infrared Thermography     
  4.2.1 Infrared Thermography Market Forecast to 2027 (US$ MN) 
 4.3 Lubricating Oil Analysis     
  4.3.1 Lubricating Oil Analysis Market Forecast to 2027 (US$ MN) 
 4.4 Motor Current Signature Analysis (MCSA)    
  4.4.1 Motor Current Signature Analysis (MCSA) Market Forecast to 2027 (US$ MN)
 4.5 Ultrasound Emission      
  4.5.1 Ultrasound Emission Market Forecast to 2027 (US$ MN) 
 4.6 Vibration Monitoring      
  4.6.1 Vibration Monitoring Market Forecast to 2027 (US$ MN) 
         
5 Machine Condition Monitoring Market, By Monitoring Process   
 5.1 Online Condition Monitoring     
  5.1.1 Online Condition Monitoring Market Forecast to 2027 (US$ MN) 
 5.2 Portable Condition Monitoring     
  5.2.1 Portable Condition Monitoring Market Forecast to 2027 (US$ MN) 
         
6 Machine Condition Monitoring Market, By Offering    
 6.1 Software       
  6.1.1 Software Market Forecast to 2027 (US$ MN)  
   6.1.1.1 Diagnostic Reporting    
    6.1.1.1.1 Diagnostic Reporting Market Forecast to 2027 (US$ MN)
   6.1.1.2 Parameter Calculation    
    6.1.1.2.1 Parameter Calculation Market Forecast to 2027 (US$ MN)
   6.1.1.3 Data Integration    
    6.1.1.3.1 Data Integration Market Forecast to 2027 (US$ MN)
   6.1.1.4 Order Tracking Analysis   
    6.1.1.4.1 Order Tracking Analysis Market Forecast to 2027 (US$ MN)
 6.2 Hardware       
  6.2.1 Hardware  Market Forecast to 2027 (US$ MN)  
   6.2.1.1 Ultrasound Detectors    
    6.2.1.1.1 Ultrasound Detectors Market Forecast to 2027 (US$ MN)
   6.2.1.2 Corrosion Probes    
    6.2.1.2.1 Corrosion Probes Market Forecast to 2027 (US$ MN)
   6.2.1.3 Infrared Sensors    
    6.2.1.3.1 Infrared Sensors Market Forecast By Type to 2027 (US$ MN)
     6.2.1.3.1.1 Quantum Infrared Sensors 
     6.2.1.3.1.2 Thermal Infrared Sensors 
   6.2.1.4 Spectrum Analyzers    
    6.2.1.4.1 Spectrum Analyzers Market Forecast By Type to 2027 (US$ MN)
     6.2.1.4.1.1 Swept Spectrum Analyzers 
     6.2.1.4.1.2 Real-Time Spectrum Analyzers 
   6.2.1.5 Vibration Sensors    
    6.2.1.5.1 Vibration Sensors Market Forecast By Type to 2027 (US$ MN)
     6.2.1.5.1.1 Proximity Probes  
     6.2.1.5.1.2 Accelerometers  
     6.2.1.5.1.3 Tachometers  
   6.2.1.6 Spectrometers    
    6.2.1.6.1 Spectrometers Market Forecast By Type to 2027 (US$ MN)
     6.2.1.6.1.1 Atomic Spectrometers 
     6.2.1.6.1.2 Mass Spectrometers  
     6.2.1.6.1.3 Infrared Spectrometers 
     6.2.1.6.1.4 Ultraviolet Spectrometers 
         
7 Machine Condition Monitoring Market, By End User    
 7.1 Aerospace and Defense     
  7.1.1 Aerospace and Defense Market Forecast to 2027 (US$ MN) 
 7.2 Automotive      
  7.2.1 Automotive Market Forecast to 2027 (US$ MN)  
 7.3 Chemical and Petrochemical     
  7.3.1 Chemical and Petrochemical Market Forecast to 2027 (US$ MN) 
 7.4 Energy and Power      
  7.4.1 Energy and Power Market Forecast to 2027 (US$ MN)  
 7.5 Food and Beverages      
  7.5.1 Food and Beverages Market Forecast to 2027 (US$ MN) 
 7.6 Marine       
  7.6.1 Marine Market Forecast to 2027 (US$ MN)   
 7.7 Metals and Mining      
  7.7.1 Metals and Mining Market Forecast to 2027 (US$ MN)  
 7.8 Oil and Gas      
  7.8.1 Oil and Gas Market Forecast to 2027 (US$ MN)  
 7.9 Other End Users      
  7.9.1 Other End Users Market Forecast to 2027 (US$ MN)  
   7.9.1.1 Pulp and Paper    
    7.9.1.1.1 Pulp and Paper Market Forecast to 2027 (US$ MN)
   7.9.1.2 Cement     
    7.9.1.2.1 Cement Market Forecast to 2027 (US$ MN) 
   7.9.1.3 Pharmaceutical    
    7.9.1.3.1 Pharmaceutical Market Forecast to 2027 (US$ MN)
   7.9.1.4 Semiconductor & Electronics   
    7.9.1.4.1 Semiconductor & Electronics Market Forecast to 2027 (US$ MN)
         
8 Machine Condition Monitoring Market, By Geography   
 8.1 North America      
  8.1.1 North America Market Forecast by Countries to 2028 (US$ MN) 
   8.1.1.1 US     
   8.1.1.2 Canada     
   8.1.1.3 Mexico     
 8.2 Europe       
  8.2.1 Europe Market Forecast by Countries to 2028 (US$ MN) 
   8.2.1.1 Germany     
   8.2.1.2 U.K.     
   8.2.1.3 Italy     
   8.2.1.4 France     
   8.2.1.5 Spain     
   8.2.1.6 Rest of Europe    
 8.3 Asia Pacific      
  8.3.1 Asia Pacific Market Forecast by Countries to 2028 (US$ MN) 
   8.3.1.1 China      
   8.3.1.2 Japan     
   8.3.1.3 India     
   8.3.1.4 Australia      
   8.3.1.5 New Zealand    
   8.3.1.6 Rest of Asia Pacific      
 8.4 Middle East      
  8.4.1 Middle East Market Forecast by Countries to 2028 (US$ MN) 
   8.4.1.1 Saudi Arabia    
   8.4.1.2 UAE     
   8.4.1.3 Rest of Middle East    
 8.5 Latin America      
  8.5.1 Latin America Market Forecast by Countries to 2028 (US$ MN) 
   8.5.1.1 Argentina     
   8.5.1.2 Brazil     
   8.5.1.3 Rest of Latin America     
 8.6 Rest of the World (RoW)     
  8.6.1 Rest of the World (RoW) Market Forecast by Countries to 2028 (US$ MN)
   8.6.1.1 South Africa    
   8.6.1.2 Others     
         
9  Key Player Activities      
 9.1 Mergers & Acquisitions     
 9.2 Partnerships, Joint Venture‚Äôs, Collaborations and Agreements  
 9.3 Product Launch & Expansions     
 9.4 Other Activities      
         
10 Leading Companies        
 10.1 AB SKF       
 10.2 ALS Ltd       
 10.3 Azima DLI Corporation     
 10.4 Bruel & Kjaer Vibro GmbH     
 10.5 Emerson Electric Co.     
 10.6 Fluke Corp      
 10.7 General Electric      
 10.8 Honeywell International     
 10.9 Meggitt PLC      
 10.10 National Instruments Corporation    
 10.11 Parker Hannifin Corp.      
 10.12 PCB Piezotronics      
 10.13 Rockwell Automation      
 10.14 Schaeffler Technologies AG & Co.    
 10.15 SKF AB        
         

Table 1 Global Machine Condition Monitoring Market By Region, Market Forecast (2015-2027) (US $MN)
Table 2 Global Machine Condition Monitoring Market By Monitoring Type, Market Forecast (2015-2027) (US $MN)
Table 3 Global Machine Condition Monitoring Market By Corrosion Monitoring, Market Forecast (2015-2027) (US $MN)
Table 4 Global Machine Condition Monitoring Market By Infrared Thermography, Market Forecast (2015-2027) (US $MN)
Table 5 Global Machine Condition Monitoring Market By Lubricating Oil Analysis, Market Forecast (2015-2027) (US $MN)
Table 6 Global Machine Condition Monitoring Market By Motor Current Signature Analysis (MCSA), Market Forecast (2015-2027) (US $MN)
Table 7 Global Machine Condition Monitoring Market By Ultrasound Emission, Market Forecast (2015-2027) (US $MN)
Table 8 Global Machine Condition Monitoring Market By Vibration Monitoring, Market Forecast (2015-2027) (US $MN)
Table 9 Global Machine Condition Monitoring Market By Monitoring Process, Market Forecast (2015-2027) (US $MN)
Table 10 Global Machine Condition Monitoring Market By Online Condition Monitoring, Market Forecast (2015-2027) (US $MN)
Table 11 Global Machine Condition Monitoring Market By Portable Condition Monitoring, Market Forecast (2015-2027) (US $MN)
Table 12 Global Machine Condition Monitoring Market By Offering, Market Forecast (2015-2027) (US $MN)
Table 13 Global Machine Condition Monitoring Market By Software, Market Forecast (2015-2027) (US $MN)
Table 14 Global Machine Condition Monitoring Market By Diagnostic Reporting, Market Forecast (2015-2027) (US $MN)
Table 15 Global Machine Condition Monitoring Market By Parameter Calculation, Market Forecast (2015-2027) (US $MN)
Table 16 Global Machine Condition Monitoring Market By Data Integration, Market Forecast (2015-2027) (US $MN)
Table 17 Global Machine Condition Monitoring Market By Order Tracking Analysis, Market Forecast (2015-2027) (US $MN)
Table 18 Global Machine Condition Monitoring Market By Hardware , Market Forecast (2015-2027) (US $MN)
Table 19 Global Machine Condition Monitoring Market By Ultrasound Detectors, Market Forecast (2015-2027) (US $MN)
Table 20 Global Machine Condition Monitoring Market By Corrosion Probes, Market Forecast (2015-2027) (US $MN)
Table 21 Global Machine Condition Monitoring Market By Infrared Sensors, Market Forecast (2015-2027) (US $MN)
Table 22 Global Machine Condition Monitoring Market By Spectrum Analyzers, Market Forecast (2015-2027) (US $MN)
Table 23 Global Machine Condition Monitoring Market By Vibration Sensors, Market Forecast (2015-2027) (US $MN)
Table 24 Global Machine Condition Monitoring Market By Spectrometers, Market Forecast (2015-2027) (US $MN)
Table 25 Global Machine Condition Monitoring Market By End User, Market Forecast (2015-2027) (US $MN)
Table 26 Global Machine Condition Monitoring Market By Aerospace and Defense, Market Forecast (2015-2027) (US $MN)
Table 27 Global Machine Condition Monitoring Market By Automotive, Market Forecast (2015-2027) (US $MN)
Table 28 Global Machine Condition Monitoring Market By Chemical and Petrochemical, Market Forecast (2015-2027) (US $MN)
Table 29 Global Machine Condition Monitoring Market By Energy and Power, Market Forecast (2015-2027) (US $MN)
Table 30 Global Machine Condition Monitoring Market By Food and Beverages, Market Forecast (2015-2027) (US $MN)
Table 31 Global Machine Condition Monitoring Market By Marine, Market Forecast (2015-2027) (US $MN)
Table 32 Global Machine Condition Monitoring Market By Metals and Mining, Market Forecast (2015-2027) (US $MN)
Table 33 Global Machine Condition Monitoring Market By Oil and Gas, Market Forecast (2015-2027) (US $MN)
Table 34 Global Machine Condition Monitoring Market By Other End Users, Market Forecast (2015-2027) (US $MN)
Table 35 Global Machine Condition Monitoring Market By Pulp and Paper, Market Forecast (2015-2027) (US $MN)
Table 36 Global Machine Condition Monitoring Market By Cement, Market Forecast (2015-2027) (US $MN)
Table 37 Global Machine Condition Monitoring Market By Pharmaceutical, Market Forecast (2015-2027) (US $MN)
Table 38 Global Machine Condition Monitoring Market By Semiconductor & Electronics, Market Forecast (2015-2027) (US $MN)
         
Note: Regional tables for North America, Europe, Asia Pacific, Middle East, Latin America and RoW are presented in similar manner as the above

Speak to Analyst

Request for Discount

Need a Customized Report

Request Sample

clicking on ".ar__close" removes class "open" on ".ar__modal" clicking on ".search_btn" toggles class "open" on "#search_md" clicking on "#category_dd_btn" toggles class "open" on "#category_dd" clicking on ".dp__backdrop" removes class "open" on "#category_dd" clicking on "#category_dd__md_btn" toggles class "open" on "#category_dd_mb" clicking on ".dp__backdrop" removes class "open" on "#category_dd_mb" clicking on ".nav__dp" toggles class "hidden" on "#nav_menu" clicking on ".dp__md_backdrop" removes class "open" on ".ar__modal" clicking on ".analyst_btn" adds class "open" on "#analyst_md" clicking on ".discount_btn" adds class "open" on "#discount_md" clicking on ".customization_btn" adds class "open" on "#customization_md" clicking on ".sample_btn" adds class "open" on "#sample_md" clicking on ".tab-btn" removes class "active" on ".tab-btn.active" clicking on ".tab-btn" removes class "active" on ".tab-context.active" clicking on ".tab-btn" adds class "active" on "target" clicking on "#tab1" adds class "active" on "#tab-wn1" clicking on "#tab2" adds class "active" on "#tab-wn2" clicking on "#tab3" adds class "active" on "#tab-wn3"