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Global Condition Monitoring Equipment Market 2019: $3.28 Billion Forecast to 2026 - ResearchAndMarkets.com

May 15, 2019

DUBLIN--(BUSINESS WIRE)--May 15, 2019--

The “Condition Monitoring Equipment - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.

According to this report, the Global Condition Monitoring Equipment market accounted for $1.7 billion in 2017 and is expected to reach $3.28 billion by 2026 growing at a CAGR of 7.6% during the forecast period.

Some of the key factors propelling the market growth are rise in smart factories to protect the expensive machinery against any damage. However, unpredictable maintenance time frame and up gradation of outdated equipment hamper the market growth. Furthermore, rising demand of wind energy, wind turbines are remotely operated and are exposed to harsh and variable weather conditions are growing opportunities for the market.

Based on sensors and signals, accelerometers segment is projected to be the growing segment mainly attributed to high sensitivity, frequency response and the use of accelerometers in the end use industries such as automotive, consumer electronics, healthcare and aerospace, and defense have further boosted the growth of the market.

By geography, the Asia Pacific provides potential growth opportunities owing to economic growth and a significant rise in industrialization in this region. Additionally, the Japan market is owing to constant growth in adopting factory advanced technologies.

What the report offers:

Key Topics Covered

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario

4 Porters Five Force Analysis

5 Global Condition Monitoring Equipment Market, By Type
5.1 Introduction
5.2 Factory Assurance Test
5.3 Online Machine Monitoring
5.4 Online Machine Protection
5.5 Portable Machine Diagnostics
5.6 Route-Based Monitoring

6 Global Condition Monitoring Equipment Market, By Sensors & Signals
6.1 Introduction
6.2 Accelerometers
6.3 Proximity Probes
6.4 Spectrometer
6.5 Tachometers
6.6 Temperature Probes
6.7 Thermal Camera

7 Global Condition Monitoring Equipment Market, By Technology
7.1 Introduction
7.2 Vibration Analysis
7.3 Ultrasound Testing
7.4 Thermography Equipment
7.5 Motor Condition Monitoring
7.6 Lubricant Analysis
7.7 Infrared Thermography
7.8 Corrosion monitoring
7.9 Other Technologies
7.9.1 Online Systems
7.9.2 Handheld Tools

8 Global Condition Monitoring Equipment Market, By End User
8.1 Introduction
8.2 Oil & Gas
8.3 Energy & Power
8.4 Chemicals
8.5 Automotive
8.6 Process and Manufacturing
8.7 Transportation
8.8 Other End Users
8.8.1 Pulp & Paper
8.8.2 Metal & Mining
8.8.3 Aerospace & Defense

9 Global Condition Monitoring Equipment Market, By Geography
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia-Pacific
9.5 South America
9.6 Middle East & Africa

10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies

11 Company Profiling
11.1 IFM Electronic Gmbh
11.2 Brel & KJR Vibro GmbH
11.3 Emerson Electric Co.
11.4 FLIR Systems Inc.
11.5 Fluke Corporation
11.6 General Electric
11.7 Baumer
11.8 Bachmann Electronic GmbH
11.9 Azima DLI Corp.
11.10 PRFTECHNIK Dieter Busch AG
11.11 Parker Kittiwake
11.12 ALS Ltd.
11.13 Meggitt PLC
11.14 National Instruments
11.15 Siemens AG
11.16 Schneider Electric
11.17 Schaeffler Technologies AG
11.18 Parker Hannifin Corporation
11.19 Rockwell Automation Inc.
11.20 SKF Group
11.21 Vibrotech Reliability Services Limited
11.22 The IKM Group
11.23 The Emerson Electric Company

For more information about this report visit https://www.researchandmarkets.com/r/yvhnpj

View source version on businesswire.com:https://www.businesswire.com/news/home/20190515005571/en/

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Related Topics:Industrial Automation,Industrial Machinery



SOURCE: Research and Markets

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