Machine Condition Monitoring Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2020

Oct 2018| TMR1013A| Transparency

Report Highlights

Machine Condition Monitoring Market - Overview

The report provides analysis of the global machine condition monitoring market for the period 2016–2026, wherein 2018 to 2026 is the forecast period and 2017 is considered as the base year. Data for 2016 has been included as historical information. The report covers all the trends and technologies likely to affect the growth of the market during the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the market. The study provides  complete information about the market in terms of revenue (US$ Mn) across different regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report also highlights the key trends affecting the global market. Furthermore, region wise prominent countries/regions covered in the report include the U.S, Canada, Germany, France, the U.K., India, China, Japan, GCC, South Africa, and Brazil.

The report analyzes and forecasts the market for machine condition monitoring at the global and regional level. The market has been forecast based on revenue (US$ Mn) from 2018 to 2026. The study includes drivers and restraints of the global machine condition monitoring market. It also covers the impact of these drivers and restraints on the market during the forecast period.

The report comprises a detailed value chain analysis which provides a comprehensive view of the global machine condition monitoring market. Porter’s Five Forces model for the machine condition monitoring market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-use industry are benchmarked based on their market size, growth rate, and general attractiveness.

Global Machine Condition Monitoring Market: Taxonomy

The report segments the market based on component, type, solution type, end-use industry, and region. In terms of component, the market has been classified into hardware, software, and services. Based on type, the market has been categorized into thermography, vibration monitoring, lubrication oil monitoring, acoustic emission monitoring, ultrasound monitoring, corrosion monitoring, current signature monitoring, and others. Based on solution type, the market has been divided into online monitoring, integrated monitoring, continuous remote monitoring, and route based monitoring. In terms of end-use industry, the market has been classified into aerospace & defense, automotive, oil & gas, metal & mining, marine, food & beverage, chemicals & pharmaceuticals, and others (paper & pulp, textile, utility).

Global Machine Condition Monitoring Market: Research Methodology

Secondary research sources that are typically referred to include company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across regions. Primary interviews are conducted on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

Global Machine Condition Monitoring Market: Competitive Dynamics

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 are the major players operating in the global machine condition monitoring market. Financials, SWOT analysis, business strategies, recent developments, and other strategic information pertaining to these players have been provided in the company profiles section. Various players are introducing machine condition monitoring systems with cloud technology and establishing partnerships with other players to meet the continuously rising demand for accurate and reliable equipment condition.

Global Machine Condition Monitoring Market

Global Machine Condition monitoring Market, by Component
Hardware
Software
Services

Global Machine Condition monitoring Market, by Type
Thermography
Vibration Monitoring
Lubrication Oil Monitoring
Acoustic Emission Monitoring
Ultrasound Monitoring
Corrosion Monitoring
Current Signature Monitoring
Others

Global Machine Condition monitoring Market, by Solution Type
Online Monitoring
Integrated Monitoring
Continuous Remote Monitoring
Route Based Monitoring

Global Machine Condition monitoring Market, by End-use Industry
Aerospace & Defense
Automotive
Oil & Gas
Metal & Mining
Marine
Food & Beverage
Chemicals & Pharmaceuticals
Others (paper & pulp, textile, utility)

Global Machine Condition Monitoring Market, by Region
North America
U.S.
Canada
Rest of North America
Europe
U.K.
Germany
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
South America
Brazil
Rest of South America

  • Table 1 : Global Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Component, 2016–2026
  • Table 2 : Global Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Type, 2016–2026
  • Table 3 : Global Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Solution Type, 2016–2026
  • Table 4 : Global Machine Condition Monitoring Market Size (US$ Mn) Forecast, by End-use Industry, 2016–2026
  • Table 5 : Global Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Region/Country, 2016–2026
  • Table 6 : North America Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Component, 2016–2026
  • Table 7 : North America Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Type, 2016–2026
  • Table 8 : North America Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Solution Type, 2016–2026
  • Table 9 : North America Machine Condition Monitoring Market Size (US$ Mn) Forecast, by End-use Industry, 2016–2026
  • Table 10 : North America Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Country, 2016–2026
  • Table 11 : Europe Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Component, 2016–2026
  • Table 12 : Europe Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Type, 2016–2026
  • Table 13 : Europe Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Solution Type, 2016–2026
  • Table 14 : Europe Machine Condition Monitoring Market Size (US$ Mn) Forecast, by End-use Industry, 2016–2026
  • Table 15 : Europe Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Country, 2016–2026
  • Table 16 : Asia Pacific Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Component, 2016–2026
  • Table 17 : Asia Pacific Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Type, 2016–2026
  • Table 18 : Asia Pacific Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Solution Type, 2016–2026
  • Table 19 : Asia Pacific Machine Condition Monitoring Market Size (US$ Mn) Forecast, by End-use Industry, 2016–2026
  • Table 20 : Asia Pacific Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Country, 2016–2026
  • Table 21 : Middle East and Africa Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Component, 2016–2026
  • Table 22 : Middle East and Africa Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Type, 2016–2026
  • Table 23 : Middle East and Africa Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Solution Type, 2016–2026
  • Table 24 : Middle East and Africa Machine Condition Monitoring Market Size (US$ Mn) Forecast, by End-use Industry, 2016–2026
  • Table 25 : Middle East and Africa Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Country, 2016–2026
  • Table 26 : South America Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Component, 2016–2026
  • Table 27 : South America Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Type, 2016–2026
  • Table 28 : South America Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Solution Type, 2016–2026
  • Table 29 : South America Machine Condition Monitoring Market Size (US$ Mn) Forecast, by End-use Industry, 2016–2026
  • Table 30 : South America Machine Condition Monitoring Market Size (US$ Mn) Forecast, by Country, 2016–2026
  • Figure 1 : Global Market - Overview
  • Figure 2 : Global Machine Condition Monitoring Market,
  • Figure 3 : Global Machine Condition Monitoring Market, by Solution Type (2026) - Overview
  • Figure 4 : Global Machine Condition Monitoring Market, by End-use Industry (2017) - Overview
  • Figure 5 : Global Machine Condition Monitoring Market,
  • Figure 6 : Ecosystem Analysis (1/3)
  • Figure 7 : Global Machine Condition Monitoring Market Size (US$ Mn) Forecast, 2016 - 2026
  • Figure 8 : Global Machine Condition Monitoring Market Y-o-Y Growth (Value %) Forecast, 2017 - 2026
  • Figure 9 : Machine Condition Monitoring Market Share by Geography (2026)
  • Figure 10 : Machine Condition Monitoring Market Share by Component (2026)
  • Figure 11 : Global Machine Condition Monitoring Market Revenue Share Analysis, by Component, 2018 and 2026
  • Figure 12 : Global Machine Condition Monitoring Market Attractiveness Analysis, by Component
  • Figure 13 : Global Machine Condition Monitoring Market Revenue Share Analysis, by Type, 2018 and 2026
  • Figure 14 : Global Machine Condition Monitoring Market Attractiveness Analysis, by Type
  • Figure 15 : Global Machine Condition Monitoring Market Revenue Share Analysis, by Solution Type, 2018 and 2026
  • Figure 16 : Global Machine Condition Monitoring Market Attractiveness Analysis, by Solution Type
  • Figure 17 : Global Machine Condition Monitoring Market Revenue Share Analysis, by End-use Industry, 2018 and 2026
  • Figure 18 : Global Machine Condition Monitoring Market Attractiveness Analysis, by End-use Industry
  • Figure 19 : Global Region Wise Growth Scenario
  • Figure 20 : Global Machine Condition Monitoring Market Revenue Share Analysis, by Region, 2018 and 2026
  • Figure 21 : Global Machine Condition Monitoring Market Attractiveness Analysis, by Region/Country
  • Figure 22 : North America Machine Condition Monitoring Market Size (US$ Mn) Forecast, 2016–2026
  • Figure 23 : North America Machine Condition Monitoring Market Size Y-o-Y Growth Projections, 2017–2026
  • Figure 24 : North America Machine Condition Monitoring Market Revenue Share Analysis, by Component, 2018 and 2026
  • Figure 25 : North America Machine Condition Monitoring Market Revenue Share Analysis, by Type, 2018 and 2026
  • Figure 26 : North America Machine Condition Monitoring Market Revenue Share Analysis, by Solution Type, 2018 and 2026
  • Figure 27 : North America Machine Condition Monitoring Market Revenue Share Analysis, by End-use Industry, 2018 and 2026
  • Figure 28 : North America Machine Condition Monitoring Market Revenue Share Analysis, by Country, 2018 and 2026
  • Figure 29 : North America Machine Condition Monitoring Market Attractiveness Analysis, by Component
  • Figure 30 : North America Machine Condition Monitoring Market Attractiveness Analysis, by Type
  • Figure 31 : North America Machine Condition Monitoring Market Attractiveness Analysis, by Solution Type
  • Figure 32 : North America Machine Condition Monitoring Market Attractiveness Analysis, by End-use Industry
  • Figure 33 : North America Machine Condition Monitoring Market Attractiveness Analysis, by Country
  • Figure 34 : Europe Machine Condition Monitoring Market Size (US$ Mn) Forecast, 2016–2026
  • Figure 35 : Europe Machine Condition Monitoring Market Size Y-o-Y Growth Projections, 2017–2026
  • Figure 36 : Europe Machine Condition Monitoring Market Revenue Share Analysis, by Component, 2018 and 2026
  • Figure 37 : Europe Machine Condition Monitoring Market Revenue Share Analysis, by Type, 2018 and 2026
  • Figure 38 : Europe Machine Condition Monitoring Market Revenue Share Analysis, by Solution Type, 2018 and 2026
  • Figure 39 : Europe Machine Condition Monitoring Market Revenue Share Analysis, by End-use Industry, 2018 and 2026
  • Figure 40 : Europe Machine Condition Monitoring Market Revenue Share Analysis, by Country, 2018 and 2026
  • Figure 41 : Europe Machine Condition Monitoring Market Attractiveness Analysis, by Component
  • Figure 42 : Europe Machine Condition Monitoring Market Attractiveness Analysis, by Type
  • Figure 43 : Europe Machine Condition Monitoring Market Attractiveness Analysis, by Solution Type
  • Figure 44 : Europe Machine Condition Monitoring Market Attractiveness Analysis, by End-use Industry
  • Figure 45 : Europe Machine Condition Monitoring Market Attractiveness Analysis, by Country
  • Figure 46 : Asia Pacific Machine Condition Monitoring Market Size (US$ Mn) Forecast, 2016–2026
  • Figure 47 : Asia Pacific Machine Condition Monitoring Market Size Y-o-Y Growth Projections, 2017–2026
  • Figure 48 : Asia Pacific Machine Condition Monitoring Market Revenue Share Analysis, by Component, 2018 and 2026
  • Figure 49 : Asia Pacific Machine Condition Monitoring Market Revenue Share Analysis, by Type, 2018 and 2026
  • Figure 50 : Asia Pacific Machine Condition Monitoring Market Revenue Share Analysis, by Solution Type, 2018 and 2026
  • Figure 51 : Asia Pacific Machine Condition Monitoring Market Revenue Share Analysis, by End-use Industry, 2018 and 2026
  • Figure 52 : Asia Pacific Machine Condition Monitoring Market Revenue Share Analysis, by Country, 2018 and 2026
  • Figure 53 : Asia Pacific Machine Condition Monitoring Market Attractiveness Analysis, by Component
  • Figure 54 : Asia Pacific Machine Condition Monitoring Market Attractiveness Analysis, by Type
  • Figure 55 : Asia Pacific Machine Condition Monitoring Market Attractiveness Analysis, by Solution Type
  • Figure 56 : Asia Pacific Machine Condition Monitoring Market Attractiveness Analysis, by End-use Industry
  • Figure 57 : Asia Pacific Machine Condition Monitoring Market Attractiveness Analysis, by Country
  • Figure 58 : Middle East and Africa Machine Condition Monitoring Market Size (US$ Mn) Forecast, 2016–2026
  • Figure 59 : Middle East and Africa Machine Condition Monitoring Market Size Y-o-Y Growth Projections, 2017–2026
  • Figure 60 : South America Machine Condition Monitoring Market Size (US$ Mn) Forecast, 2016–2026
  • Figure 60 : Middle East and Africa Machine Condition Monitoring Market Revenue Share Analysis, by Component, 2018 and 2026
  • Figure 61 : Middle East and Africa Machine Condition Monitoring Market Revenue Share Analysis, by Type, 2018 and 2026
  • Figure 62 : Middle East and Africa Machine Condition Monitoring Market Revenue Share Analysis, by Solution Type, 2018 and 2026
  • Figure 63 : Middle East and Africa Machine Condition Monitoring Market Revenue Share Analysis, by End-use Industry, 2018 and 2026
  • Figure 64 : Middle East and Africa Machine Condition Monitoring Market Revenue Share Analysis, by Country, 2018 and 2026
  • Figure 65 : Middle East and Africa Machine Condition Monitoring Market Attractiveness Analysis, by Component
  • Figure 66 : Middle East and Africa Machine Condition Monitoring Market Attractiveness Analysis, by Type
  • Figure 67 : Middle East and Africa Machine Condition Monitoring Market Attractiveness Analysis, by Solution Type
  • Figure 68 : Middle East and Africa Machine Condition Monitoring Market Attractiveness Analysis, by End-use Industry
  • Figure 69 : Middle East and Africa Machine Condition Monitoring Market Attractiveness Analysis, by Country
  • Figure 71 : South America Machine Condition Monitoring Market Size Y-o-Y Growth Projections, 2017–2026
  • Figure 72 : South America Machine Condition Monitoring Market Revenue Share Analysis, by Component, 2018 and 2026
  • Figure 73 : South America Machine Condition Monitoring Market Revenue Share Analysis, by Type, 2018 and 2026
  • Figure 74 : South America Machine Condition Monitoring Market Revenue Share Analysis, by Solution Type, 2018 and 2026
  • Figure 75 : South America Machine Condition Monitoring Market Revenue Share Analysis, by End-use Industry, 2018 and 2026
  • Figure 76 : South America Machine Condition Monitoring Market Revenue Share Analysis, by Country, 2018 and 2026
  • Figure 77 : South America Machine Condition Monitoring Market Attractiveness Analysis, by Component
  • Figure 78 : South America Machine Condition Monitoring Market Attractiveness Analysis, by Type
  • Figure 79 : South America Machine Condition Monitoring Market Attractiveness Analysis, by Solution Type
  • Figure 80 : South America Machine Condition Monitoring Market Attractiveness Analysis, by End-use Industry
  • Figure 81 : South America Machine Condition Monitoring Market Attractiveness Analysis, by Country
  • Figure 82 : Machine Condition Monitoring Market Share Analysis, by Company (2017)

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