Machine Condition Monitoring Market, Size, Share, Growth, Trends, Insight and Industry Forecast, 2021-2028

SKU: DMAT3630 | Last Updated On: Aug 31 2021 | No. of Pages: 180 | Available Formats

> Global Machine Condition Monitoring Market Expected to reach a high CAGR By 2028: DataM Intelligence

Global Machine Condition Monitoring Market is segmented By Component (Software, Hardware, Service), By Type (Online condition monitoring, Manual condition monitoring, Optical condition monitoring, Web-based condition monitoring), By Technique (Oil Analysis, Vibration Analysis, Motor Circuit Analysis, Thermography, Ultrasonic Monitoring, Neutron Radiography, Corrosion Monitoring, Others), By Development Model (Cloud-Based, On-Premises), By End Users (Renewable Energy, Mining, Additive Industrial Manufacturing, Aerospace, Automotive, Electronics, Oil & Gas, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028

Market Overview

The machine condition monitoring market size was worth US$ XX billion in 2020 and is estimated to reach US$ XX billion by 2028, growing at a CAGR of XX % during the forecast period (2021-2028).

Machine condition monitoring is used to check the condition of machine, improve equipment efficiency and reduce shutdowns. It monitors important parameters of machines such as pressure and temperature and checks the probability of failure to provide scheduled and prevents consequential damages. It is gaining importance in numerous industries such as manufacturing, steelmaking, food, robotics and packaging. The IoT has made it possible to monitor the machine's condition without being physically present during up- or downtimes. IoT and web-based condition monitoring tools increase the production equipment efficiency throughout the life cycle of a machine.

The machine condition monitoring also helps a company meet federal and industry standards such as ASME, ANSI, API, and INPO. It also includes requirements imposed by the Department of Energy for specific industries and helps with certifications for quality and safety as requirements per OSHA.

Source: DataM Intelligence Analysis (2021)

Market Dynamics

The global machine condition monitoring market growth is driven by introduction to IoT and web-based condition monitoring, use of wireless communication technology and in order to avoid losses incorporated from downtime.

Introduction to IoT and web-based condition monitoring

The demand for the machine condition monitoring market is expected to boost with the introduction to IoT platforms in machine condition monitoring. The IOT based condition monitoring offers following advantages: reduced implementation costs, integration with other management systems using API and continuous updates and 24/7 monitoring. In the era of Industry 4.0, manufacturers seek higher productivity of their equipment and selection for smart factory scenarios.

Various companies have adopted condition monitoring system to optimize their production and eliminate unwanted down-time. For example, Kaeser Kompressoren, one of the world's foremost suppliers of compressed air systems, uses SAP Leonardo Internet of Things for Sigma Smart Air Service to provide insights into asset health using the SAP Predictive Maintenance and Service solution. Also, the company combined IoT sensors with SAP HANA in the compressors for more efficient and effective operations.

Hirotec Group was incorporating high losses from unplanned downtime. The company paired an IoT platform with HPE Edgeline systems to prevent critical systems failures like its exhaust system inspection lines. The platform also provides historical data analysis to understand production facility performance and find ways to drive improvements.

High installation cost and lack of skilled professionals

The machine condition monitoring market is impacted by high installation cost and lack of trained professionals to analyze the data. Skilled professionals are needed to analyze downtime in a machine. The fast resolving of the data analysis results in minimal losses; however, if the data is not handled correctly will result in high losses.

Also, accessibility to the cloud and automated solutions for machine condition monitoring in remote areas is challenging. Many operators rely on their experiences to assess the condition of machines, which is not always a reliable option. Moreover, operators do not want to adapt the way of maintaining machines' performance due to the complexity of production systems, including multiple assets, thereby hindering market growth.

COVID-19 Impact Analysis

Due to the pandemic, stakeholders across the machine condition monitoring industry have seen a notable impact as all the production work, factories and other activities were closed. The market suffered a decline in 2020 due to reduced demand in construction, electronics, automotive and other related sectors. The production was hindered by halts and supply chain disruption globally. After the pandemic, the governments still imposed various restrictions such as working with half workforce and fewer operating hours.

On the other hand, after the pandemic, companies are expected to shift towards machine condition monitoring to maximum productivity by installing cloud-based condition monitoring systems and recover the lost time and profits. Also, the market is expected with full-plant connectivity empowered by the internet of things to collect directly from networked machines and equipment and thus eliminating human presence.

Segment Analysis

By technique, the machine condition monitoring market is broadly classified into oil analysis, vibration analysis, thermography, corrosion monitoring and others.

The vibration analysis technique market is expected to grow at the fastest CAGR during the forecast period (2021-2028)

The vibration analysis technique is expected to hold the largest market for the machine condition monitoring market in the forecast due to its capability to detect issues like bearing failures, imbalance, mechanical looseness, resonance and natural frequencies, misalignment, electrical motor faults, bent shaft and even cavitation. Hence saving production costs, providing scheduled maintenance repairs, longer life for equipment and preventing downtime cost. According to the Industry analysis, vibration warnings can provide three months of lead time before an actual failure occurs.

The market has observed significant developments in the vibration analysis field. In 2019, SDT introduced a new SDT340, together with UAS4.0, a cloud-connected condition monitoring solution to detect, trend and analyze ultrasound vibration parameters for better asset health. SPM Instrument launched a new MEMS type sensor Airius, a range of wireless vibration sensors for remote monitoring of industrial equipment with digital output, measuring triaxial vibration and temperature. Also, the company has received the order from Holmen Paper Hallsta for a total of 154 sensors to upgrade Hallsta’s PM12 paper machine, providing the machine's online monitoring system.

Source: DataM Intelligence Analysis (2021)

Geographical Analysis

Europe region holds the largest market for the global machine condition monitoring globally

Europe region holds the largest market share for the machine condition monitoring market globally and is expected to continue its dominance in the forecast period with the significant demand for automation technologies in the market and new launches by the leading market players in the region. Sanovo Technology Group uses a cloud system for external monitoring of various egg processing machines for service and optimization with Real-time machine KPI dashboards.

Better Origin, a leading insect farming company utilized the cloud to monitor the effectiveness of modular insect farms, which resulted in a 50% reduction of on-site visits upon commissioning, monitoring the performance of larvae via 4G, cost savings on internal R&D, solve problems using sensor data stored in the cloud and Improved customer experience by visualizing data in their custom app. Also, NSK Ltd has signed an agreement to acquire condition monitoring system business from Brüel & Kjær to expand its presence in the European market.

North America has also observed a significant growth in the market introduction to smart technologies such as; in 2020, Schneider Electric has launched the first smart factory in the U.S., demonstrating real-time benefits of innovative architecture, which resulted in a 20% reduction in mean time repairing of the machinery.

 

Source: DataM Intelligence Analysis (2021)

Competitive Landscape

The machine condition monitoring market is consolidated with the local player’s presence followed by the global companies, contributing to the major share in the market growth. In addition, some of the key players contributing to the growth of the market are Baker Hughes Company, Ixon B.V, Tulip Interfaces, Inc, Dewesoft d.o.o, Crystal Instruments, Adlink Technology Inc, Emerson Electric, General Electric, Honeywell International and others. The major players are adopting various new strategies to dominate the market, such as launching new products, acquisitions and collaborations, contributing to the growth of the machine condition monitoring market globally.

Adlink Technology Inc

Overview: Adlink Technology Inc. manufactures and designs products for test & measurement, embedded computing, and automation applications. The company is headquartered in Taiwan and has operations in the U.K, United States, Singapore, Beijing, Shanghai, Shenzhen, Korea, and Germany. The availability of products in over 40 countries expanded in five continents.

Product Portfolio: The Company manufactures various products for computer-on-modules, industrial motherboards, data acquisition modules and complete systems.

Key Development: In 2021, The Company joined the Senseye-Ready ecosystem to provide predictive maintenance solutions supported by the Senseye ROI Lock. It will enable predictive maintenance with complete confidence that they will get a minimum 100% return on their software investment.

Also, in 2020, Adlink Technology launched a new machine condition monitoring solution, the MCM-204 edge Data Acquisition System for a highly optimized MCM solution in mass deployment. The solution is powered by an ARM Cortex-A9 processor, it provides Ethernet ports for transmitting data to the back-end server and enables a daisy-chain connection for multiple devices.

Why Purchase the Report?

  • Visualize the segmentation of the machine condition monitoring market by component, type, technique, development model, end-users and region, highlighting the key commercial assets and players.
  • Identify commercial opportunities in the machine condition monitoring by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of machine condition monitoring market-level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The global machine condition monitoring market report would provide access to an approx: 77 market data table, 82 figures and 270 pages.

Target Audience

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  • Industry Investors/Investment Bankers
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  • Research Professionals
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Table of Contents

  1. Global Machine Condition Monitoring Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Global Machine Condition Monitoring Market – Market Definition and Overview

  3. Global Machine Condition Monitoring Market – Executive Summary

    1. Market Snippet by Component
    2. Market Snippet by Type
    3. Market Snippet by Technique
    4. Market Snippet by Development model
    5. Market Snippet by End Users
    6. Market Snippet by Region
  4. Global Machine Condition Monitoring Market-Market Dynamics

    1. Market Impacting Factors
      1. Drivers
        1. Introduction to IoT and web-based condition monitoring
        2. Developments of wireless communication technology
        3. In order to avoid losses incorporated from downtime
      2. Restraints:
        1. High installation cost
        2. Lack of skilled professionals
      3. Opportunity
      4. Impact Analysis
  5. Global Machine Condition Monitoring Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Supply Chain Analysis
    3. Pricing Analysis
    4. Regulatory Analysis
    5. Reimbursement Analysis
    6. Unmet Needs
  6. Global Machine Condition Monitoring Market – COVID-19 Analysis

    1. Analysis of Covid-19 on the Market
      1. Before COVID-19 Market Scenario
      2. Present COVID-19 Market Scenario
      3. After COVID-19 or Future Scenario
    2. Pricing Dynamics Amid Covid-19
    3. Demand-Supply Spectrum
    4. Government Initiatives Related to the Market During Pandemic
    5. Manufacturers Strategic Initiatives
    6. Conclusion 
  7. Global Machine Condition Monitoring Market – By Component

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Component
      2. Market Attractiveness Index, By Component
    2. Software*
      1. Introduction
      2. Market Size Analysis and Y-o-Y Growth Analysis (%)
    3. Hardware
      1. Introduction
      2. Market Size Analysis and Y-o-Y Growth Analysis (%)
      3. Analyzer
      4. Data Collector
      5. Spectrometers
      6. Sensor
      7. Detector
      8. Others
    4. Service
  8. Global Machine Condition Monitoring Market – By Type

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      2. Market Attractiveness Index, By Type
    2. Online condition monitoring*
      1. Introduction
      2. Market Size Analysis and Y-o-Y Growth Analysis (%)
    3. Manual condition monitoring
    4. Optical condition monitoring
    5. Web-based condition monitoring
  9. Global Machine Condition Monitoring Market – By Technique

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technique
      2. Market Attractiveness Index, By Technique
    2. Oil Analysis*
      1. Introduction
      2. Market Size Analysis and Y-o-Y Growth Analysis (%)
    3. Vibration Analysis
    4. Motor Circuit Analysis
    5. Thermography
    6. Ultrasonic Monitoring
    7. Neutron Radiography
    8. Corrosion Monitoring
    9. Others
  10. Global Machine Condition Monitoring Market – By Development Model

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Development Model
      2. Market Attractiveness Index, By Development Model
    2.  Cloud-Based*
      1. Introduction
      2. Market size analysis and y-o-y growth analysis (%)
    3. On-Premises
  11. Global Machine Condition Monitoring Market – By End Users

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End Users
      2. Market Attractiveness Index, By End Users
    2.  Renewable Energy*
      1. Introduction
      2. Market size analysis and y-o-y growth analysis (%)
    3. Mining
    4. Additive Industrial Manufacturing
    5. Aerospace
    6. Automotive
    7. Electronics
    8. Oil & Gas
    9. Others
  12. Global Machine Condition Monitoring Market – By Region

    1. Introduction
    2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
    3. Market Attractiveness Index, By Region
    4. North America*
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Component
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technique
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Development model
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End Users
      8. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. U.S.
        2. Canada
        3. Mexico
    5. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Component
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technique
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Development model
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End Users
      8. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    6. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Component
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technique
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Development model
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End Users
      8. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    7. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Component
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technique
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Development model
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End Users
      8. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    8. Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Component
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technique
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Development model
      7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End Users
  13. Global Machine Condition Monitoring Market – Competitive Landscape

    1. Competitive Scenario
    2. Market Positioning/Share Analysis
    3. Mergers and Acquisitions Analysis
  14. Global Machine Condition Monitoring Market- Company Profiles

    1. Adlink Technology Inc*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Baker Hughes Company
    3. Ixon B.V
    4. Tulip Interfaces Inc
    5. Dewesoft d.o.o
    6. Crystal Instruments
    7. Emerson Electric
    8. General Electric
    9. Honeywell International Inc
    10. SPM Instruments(*LIST NOT EXHAUSTIVE)
  15. Global Machine Condition Monitoring Market – Premium Insights

  16. Global Machine Condition Monitoring Market – DataM

    1.  Appendix
    2.  About Us and Services
    3.  Contact Us

List of Tables and Figures

List of Tables

Table 1             Global Machine Condition Monitoring Market Value, By Component, 2020, 2024 & 2028 (US$ Million)

Table 2            Global Machine Condition Monitoring Market Value, By Type, 2020, 2024 & 2028 (US$ Million)

Table 3            Global Machine Condition Monitoring Market Value, By Technique, 2020, 2024 & 2028 (US$ Million)

Table 4            Global Machine Condition Monitoring Market Value, By Development Model, 2020, 2024 & 2028 (US$ Million)

Table 5            Global Machine Condition Monitoring Market Value, By End Users, 2020, 2024 & 2028 (US$ Million)

Table 6            Global Machine Condition Monitoring Market Value, By Region, 2020, 2024 & 2028 (US$ Million)

Table 7             Global Machine Condition Monitoring Market Value, By Component, 2020, 2024 & 2028 (US$ Million)

Table 8            Global Machine Condition Monitoring Market Value, By Component, 2019-2028 (US$ Million)

Table 9            Global Machine Condition Monitoring Market Value, By Type, 2020, 2024 & 2028 (US$ Million)

Table 10          Global Machine Condition Monitoring Market Value, By Type, 2019-2028 (US$ Million)

Table 11           Global Machine Condition Monitoring Market Value, By Technique, 2020, 2024 & 2028 (US$ Million)

Table 12          Global Machine Condition Monitoring Market Value, By Technique, 2019-2028 (US$ Million)

Table 13          Global Machine Condition Monitoring Market Value, By Development Model, 2020, 2024 & 2028 (US$ Million)

Table 14          Global Machine Condition Monitoring Market Value, By Development Model, 2019-2028 (US$ Million)

Table 15          Global Machine Condition Monitoring Market Value, By End Users, 2020, 2024 & 2028 (US$ Million)

Table 16          Global Machine Condition Monitoring Market Value, By End Users, 2019-2028 (US$ Million)

Table 17          Global Machine Condition Monitoring Market Value, By Region, 2020, 2024 & 2028 (US$ Million)

Table 18          Global Machine Condition Monitoring Market Value, By Region, 2019-2028 (US$ Million)

Table 19          North America Machine Condition Monitoring Market Value, By Component, 2019-2028 (US$ Million)

Table 20          North America Machine Condition Monitoring Market Value, By Type, 2019-2028 (US$ Million)

Table 21          North America Machine Condition Monitoring Market Value, By Technique, 2019-2028 (US$ Million)

Table 22          North America Machine Condition Monitoring Market Value, By Development Model, 2019-2028 (US$ Million)

Table 23          North America Machine Condition Monitoring Market Value, By End Users, 2019-2028 (US$ Million)

Table 24          North America Machine Condition Monitoring Market Value, By Country, 2019-2028 (US$ Million)

Table 25          South America Machine Condition Monitoring Market Value, By Component, 2019-2028 (US$ Million)

Table 26          South America Machine Condition Monitoring Market Value, By Type, 2019-2028 (US$ Million)

Table 27          South America Machine Condition Monitoring Market Value, By Technique, 2019-2028 (US$ Million)

Table 28          South America Machine Condition Monitoring Market Value, By Development Model, 2019-2028 (US$ Million)

Table 29          South America Machine Condition Monitoring Market Value, By End Users, 2019-2028 (US$ Million)

Table 30          South America Machine Condition Monitoring Market Value, By Country, 2019-2028 (US$ Million)

Table 31          Europe Machine Condition Monitoring Market Value, By Component, 2019-2028 (US$ Million)

Table 32          Europe Machine Condition Monitoring Market Value, By Type, 2019-2028 (US$ Million)

Table 33          Europe Machine Condition Monitoring Market Value, By Technique, 2019-2028 (US$ Million)

Table 34          Europe Machine Condition Monitoring Market Value, By Development Model, 2019-2028 (US$ Million)

Table 35          Europe Machine Condition Monitoring Market Value, By End Users, 2019-2028 (US$ Million)

Table 36          Europe Machine Condition Monitoring Market Value, By Country, 2019-2028 (US$ Million)

Table 37          Asia-Pacific Machine Condition Monitoring Market Value, By Component, 2019-2028 (US$ Million)

Table 38          Asia-Pacific Machine Condition Monitoring Market Value, By Type, 2019-2028 (US$ Million)

Table 39          Asia-Pacific Machine Condition Monitoring Market Value, By Technique, 2019-2028 (US$ Million)

Table 40          Asia-Pacific Machine Condition Monitoring Market Value, By Development Model, 2019-2028 (US$ Million)

Table 41          Asia-Pacific Machine Condition Monitoring Market Value, By End Users, 2019-2028 (US$ Million)

Table 42          Asia-Pacific Machine Condition Monitoring Market Value, By Country, 2019-2028 (US$ Million)

Table 43          Middle East & Africa Machine Condition Monitoring Market Value, By Component, 2019-2028 (US$ Million)

Table 44          Middle East & Africa Machine Condition Monitoring Market Value, By Type, 2019-2028 (US$ Million)

Table 45          Middle East & Africa Machine Condition Monitoring Market Value, By Technique, 2019-2028 (US$ Million)

Table 46          Middle East & Africa Machine Condition Monitoring Market Value, By Development Model, 2019-2028 (US$ Million)

Table 47          Middle East & Africa Machine Condition Monitoring Market Value, By End Users, 2019-2028 (US$ Million)

Table 48          Adlink Technology Inc: Overview

Table 49          Adlink Technology Inc: Product Portfolio

Table 50          Adlink Technology Inc: Key Developments

Table 51          Baker Hughes Company: Overview

Table 52          Baker Hughes Company: Product Portfolio

Table 53          Baker Hughes Company: Key Developments

Table 54          Ixon B.V: Overview

Table 55          Ixon B.V: Product Portfolio

Table 56          Ixon B.V: Key Developments

Table 57          Tulip Interfaces Inc: Overview

Table 58          Tulip Interfaces Inc: Product Portfolio

Table 59          Tulip Interfaces Inc: Key Developments

Table 60          Dewesoft d.o.o: Overview

Table 61          Dewesoft d.o.o: Product Portfolio

Table 62          Dewesoft d.o.o: Key Developments

Table 63          Crystal Instruments: Overview

Table 64          Crystal Instruments: Product Portfolio

Table 65          Crystal Instruments: Key Developments

Table 66          Emerson Electric: Overview

Table 67          Emerson Electric: Product Portfolio

Table 68          Emerson Electric: Key Developments

Table 69          General Electric: Overview

Table 70          General Electric: Product Portfolio

Table 71          General Electric: Key Developments

Table 72          Honeywell International Inc: Overview

Table 73          Honeywell International Inc: Product Portfolio

Table 74          Honeywell International Inc: Key Developments

Table 75          SPM Instruments: Overview

Table 76          SPM Instruments: Product Portfolio

Table 77          SPM Instruments: Key Developments

List of Figures

Figure 1              Global Machine Condition Monitoring Market Share, By Component, 2020 & 2028 (%)

Figure 2             Global Machine Condition Monitoring Market Share, By Type, 2020 & 2028 (%)

Figure 3             Global Machine Condition Monitoring Market Share, By Technique, 2020 & 2028 (%)

Figure 4             Global Machine Condition Monitoring Market Share, By Development Model, 2020 & 2028 (%)

Figure 5             Global Machine Condition Monitoring Market Share, By End Users, 2020 & 2028 (%)

Figure 6             Global Machine Condition Monitoring Market Share, By Region, 2020 & 2028 (%)

Figure 7              Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 8             Global Machine Condition Monitoring Market Y-o-Y Growth, By Component, 2020-2028 (%)

Figure 9             Software: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 10           Hardware: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 11            Service: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 12           Global Machine Condition Monitoring Market Y-o-Y Growth, By Type, 2020-2028 (%)

Figure 13           Online condition monitoring: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 14           Manual condition monitoring: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 15           Optical condition monitoring: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 16           Web-based condition monitoring: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 17            Global Machine Condition Monitoring Market Y-o-Y Growth, By Technique, 2020-2028 (%)

Figure 18           Oil Analysis: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 19           Vibration Analysis: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 20           Motor Circuit Analysis: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 21           Thermography: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 22           Ultrasonic Monitoring: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 23           Neutron Radiography: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 24           Corrosion Monitoring: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 25           Others: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 26           Global Machine Condition Monitoring Market Y-o-Y Growth, By Development Model, 2020-2028 (%)

Figure 27           Cloud-Based: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 28           On-Premises: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 29           Global Machine Condition Monitoring Market Y-o-Y Growth, By End Users, 2020-2028 (%)

Figure 30           Renewable Energy: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 31           Mining: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 32           Additive Industrial Manufacturing: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 33           Aerospace: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 34           Automotive: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 35           Electronics: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 36           Oil & Gas: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 37           Others: Global Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 38           Global Machine Condition Monitoring Market Y-o-Y Growth, By Region, 2020-2028 (%)

Figure 39           North America Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 40           North America Machine Condition Monitoring Market Share, By Component, 2020 & 2028 (%)

Figure 41           North America Machine Condition Monitoring Market Share, By Type, 2020 & 2028 (%)

Figure 42           North America Machine Condition Monitoring Market Share, By Technique, 2020 & 2028 (%)

Figure 43           North America Machine Condition Monitoring Market Share, By Development Model, 2020 & 2028 (%)

Figure 44           North America Machine Condition Monitoring Market Share, By End Users, 2020 & 2028 (%)

Figure 45           North America Machine Condition Monitoring Market Share, By Country, 2020 & 2028 (%)

Figure 46           South America Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 47           South America Machine Condition Monitoring Market Share, By Component, 2020 & 2028 (%)

Figure 48           South America Machine Condition Monitoring Market Share, By Type, 2020 & 2028 (%)

Figure 49           South America Machine Condition Monitoring Market Share, By Technique, 2020 & 2028 (%)

Figure 50           South America Machine Condition Monitoring Market Share, By Development Model, 2020 & 2028 (%)

Figure 51           South America Machine Condition Monitoring Market Share, By End Users, 2020 & 2028 (%)

Figure 52           South America Machine Condition Monitoring Market Share, By Country, 2020 & 2028 (%)

Figure 53           Europe Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 54           Europe Machine Condition Monitoring Market Share, By Component, 2020 & 2028 (%)

Figure 55           Europe Machine Condition Monitoring Market Share, By Type, 2020 & 2028 (%)

Figure 56           Europe Machine Condition Monitoring Market Share, By Technique, 2020 & 2028 (%)

Figure 57           Europe Machine Condition Monitoring Market Share, By Development Model, 2020 & 2028 (%)

Figure 58           Europe Machine Condition Monitoring Market Share, By End Users, 2020 & 2028 (%)

Figure 59           Europe Machine Condition Monitoring Market Share, By Country, 2020 & 2028 (%)

Figure 60           Asia-Pacific Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 61           Asia-Pacific Machine Condition Monitoring Market Share, By Component, 2020 & 2028 (%)

Figure 62           Asia-Pacific Machine Condition Monitoring Market Share, By Type, 2020 & 2028 (%)

Figure 63           Asia-Pacific Machine Condition Monitoring Market Share, By Technique, 2020 & 2028 (%)

Figure 64           Asia-Pacific Machine Condition Monitoring Market Share, By Development Model, 2020 & 2028 (%)

Figure 65           Asia-Pacific Machine Condition Monitoring Market Share, By End Users, 2020 & 2028 (%)

Figure 66           Asia-Pacific Machine Condition Monitoring Market Share, By Country, 2020 & 2028 (%)

Figure 67           Middle East & Africa Machine Condition Monitoring Market Value, 2019-2028 (US$ Million)

Figure 68           Middle East & Africa Machine Condition Monitoring Market Share, By Component, 2020 & 2028 (%)

Figure 69           Middle East & Africa Machine Condition Monitoring Market Share, By Type, 2020 & 2028 (%)

Figure 70           Middle East & Africa Machine Condition Monitoring Market Share, By Technique, 2020 & 2028 (%)

Figure 71            Middle East & Africa Machine Condition Monitoring Market Share, By Development Model, 2020 & 2028 (%)

Figure 72           Middle East & Africa Machine Condition Monitoring Market Share, By End Users, 2020 & 2028 (%)

Figure 73           Adlink Technology Inc: Financials

Figure 74           Baker Hughes Company: Financials

Figure 75           Ixon B.V: Financials

Figure 76           Tulip Interfaces Inc: Financials

Figure 77           Dewesoft d.o.o: Financials

Figure 78           Crystal Instruments: Financials

Figure 79           Emerson Electric: Financials

Figure 80          General Electric: Financials

Figure 81           Honeywell International Inc: Financials

Figure 82           SPM Instruments: Financials

 

 

 

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AfrikaansAlbanianAmharicArabicArmenianAzerbaijaniBasqueBelarusianBengaliBosnianBulgarianCatalanCebuanoChichewaChinese (Simplified)Chinese (Traditional)CorsicanCroatianCzechDanishDutchEnglishEsperantoEstonianFilipinoFinnishFrenchFrisianGalicianGeorgianGermanGreekGujaratiHaitian CreoleHausaHawaiianHebrewHindiHmongHungarianIcelandicIgboIndonesianIrishItalianJapaneseJavaneseKannadaKazakhKhmerKoreanKurdishKyrgyzLaoLatinLatvianLithuanianLuxembourgishMacedonianMalagasyMalayMalayalamMalteseMaoriMarathiMongolianMyanmar (Burmese)NepaliNorwegianPashtoPersianPolishPortuguesePunjabiRomanianRussianSamoanScots GaelicSerbianSesothoShonaSindhiSinhalaSlovakSlovenianSomaliSpanishSundaneseSwahiliSwedishTajikTamilTeluguThaiTurkishUkrainianUrduUzbekVietnameseWelshXhosaYiddishYorubaZulu  

 

 

 

 

 

 

 

 

 

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