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

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

  • February 2018 •
  • 184 pages •
  • Report ID: 5333423 •
  • Format: PDF
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

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

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

Middle East
- Saudi Arabia
- 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