Machine condition monitoring market
Machine Condition Monitoring Market, By Offerings (Hardware (Vibration Sensors, Infrared Sensors, Spectrometers, Corrosion Probes, Ultrasound Detectors, Spectrum Analyzers), Software, and Services), By Deployment (Cloud and On-premises), By End-use Industry (Automotive, Oil and Gas, Power Generation, Chemicals , Metals and Mining, Aerospace and Defense, Food and Beverages, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
- Mar 2024
- CMI5165
- 177 Pages
- Excel & Pdf
- Industrial Automation and Machinery
Summary
N/A
Table of Content
Table of Contents:
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Offerings
- Market Snapshot, By Deployment
- Market Snapshot, By End-use Industry
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- Market Dynamics
- Global Machine Condition Monitoring Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- Global Machine Condition Monitoring Market, By Offerings, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Vibration Sensors
- Infrared Sensors
- Spectrometers
- Corrosion Probes
- Ultrasound Detectors
- Spectrum Analyzers
- Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Software
- Introduction
- Global Machine Condition Monitoring Market, By Deployment, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Cloud
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- On-premises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Introduction
- Global Machine Condition Monitoring Market, By End-use Industry, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Oil and Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Power Generation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Chemicals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Metals and Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Aerospace and Defense
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Food and Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Introduction
- Global Machine Condition Monitoring Market, By Region, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- North America
- Regional Trends
- Market Size and Forecast, By Offerings, 2019 - 2031 (USD Billion)
- Market Size and Forecast, By Deployment, 2019 - 2031 (USD Billion)
- Market Size and Forecast, By End-use Industry, 2019 - 2031 (USD Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Offerings, 2019 - 2031 (USD Billion)
- Market Size and Forecast, By Deployment, 2019 - 2031 (USD Billion)
- Market Size and Forecast, By End-use Industry, 2019 - 2031 (USD Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- U.K.
- Germany
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Offerings, 2019 - 2031 (USD Billion)
- Market Size and Forecast, By Deployment, 2019 - 2031 (USD Billion)
- Market Size and Forecast, By End-use Industry, 2019 - 2031 (USD Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Offerings, 2019 - 2031 (USD Billion)
- Market Size and Forecast, By Deployment, 2019 - 2031 (USD Billion)
- Market Size and Forecast, By End-use Industry, 2019 - 2031 (USD Billion)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Offerings, 2019 - 2031 (USD Billion)
- Market Size and Forecast, By Deployment, 2019 - 2031 (USD Billion)
- Market Size and Forecast, By End-use Industry, 2019 - 2031 (USD Billion)
- Market Share Analysis, By Country/Sub-region, 2024 and 2031 (%)
- South Africa
- GCC Countries
- Israel
- Rest of the Middle East & Africa
- Introduction
- Competitive Landscape
- Company Profiles
- Advanced Technology Services, Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Allied Reliability,
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Analog Devices Inc.,
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Baker Huges Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Crystal Instruments
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Dewesoft
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Emerson Electric Co.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Fluke Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- General Electric,
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Honeywell International
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Meggit Plc,
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- National Instruments Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Parker Hannifin Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Rockwell Automation Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Schaeffler AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- SKF, Amphenol Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Advanced Technology Services, Inc.*
- Company Profiles
- Wheel of Fortune
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- Section:
- Research Methodology
- About Us
*Browse 24 market data tables and 28 figures on "Global Machine Condition Monitoring Market” - Global forecast to 2031
Segmentation
Market Segmentation
- By Offerings
- Hardware
- Vibration Sensors
- Infrared Sensors
- Spectrometers
- Corrosion Probes
- Ultrasound Detectors
- Spectrum Analyzers
- Software
- Services
- Hardware
- Deployment
- Cloud
- On-premises
- End-use Industry
- Automotive
- Oil and Gas
- Power Generation
- Chemicals
- Metals and Mining
- Aerospace and Defense
- Food and Beverages
- Others
- Regional
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- Frequently Asked Questions -
What will be the CAGR of the machine condition monitoring market during the forecast period 2024-2031?
The CAGR of the machine condition monitoring market is projected to be 8.6% from 2024 to 2031.
What are the major factors driving the machine condition monitoring market growth?
Improving operational efficiency and preventing unplanned downtime and ensuring personnel and workplace safety are the major factors driving the growth of the machine condition monitoring market.
What are the key factors hampering the growth of the machine condition monitoring market?
Limited technology adoption and high implementation costs are the major factor hampering the growth of the machine condition monitoring market.
Which will be the leading offerings in the machine condition monitoring market in 2024?
In terms of offerings, hardware is estimated to dominate the market revenue share in 2024.
Which are the major players operating in the machine condition monitoring market?
Advanced Technology Services, Inc., Allied Reliability,, Analog Devices Inc., Baker Huges Company, Crystal Instruments, Dewesoft, Emerson Electric Co., Fluke Corporation, General Electric,, Honeywell International, Meggit Plc, National Instruments Corporation, Parker Hannifin Corporation, Rockwell Automation Inc., Schaeffler AG, SKF, and Amphenol Inc., are the major players.
Which region will lead the machine condition monitoring market in 2024?
North America is expected to lead the machine condition monitoring market in 2024.