Machine Condition Monitoring Market by Product (Vibration Monitoring, Thermography, Ultrasound Emission, Lubricating Oil Analysis, Corrosion Monitoring, and Motor Current Signature Analysis), Component, Application, and Geography – Global Forecast to 2013 – 2020
Machine condition monitoring is the best way of maintenance to meet requirements of production. It is the process of monitoring the health of a machine with the intent to predict mechanical wear and failure. Machine condition monitoring is a part of predictive maintenance technique. Machine condition monitoring market has a broad scope in industry. This market is important as it provide condition of machinery which ensures the right maintenance is provided at the right time. Machine condition monitoring provides sensory indication that components are functioning under rated capacity and provide a suitable warning if the preset standard conditions and indices are exceeded.
The Machine Condition Monitoring market is segmented in terms of product type like corrosion monitoring equipment, lubricating oil analysis equipment, motor current signature analysis, thermography equipment, ultrasound emission equipment, vibration monitoring equipment. The report future segmented into component type like Corrosion probes, Spectrometer, Spectrum Analyzer, Thermal Camera, Ultrasonic Detector, Vibration Sensor and others (Software’s) used in machine condition monitoring market. Also, the Machine Condition Monitoring report is segmented in terms of various applications where they are used, like aerospace & defense, automotive, chemicals, marine, mining, oil & gas, and Power. The report also provides geographical analysis and estimation for markets across the Americas, Europe, APAC, and the ROW.
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The report includes the detailed value chain analysis of the machine condition monitoring industry. It also provides the Porter’s Five Forces Analysis with description of each of its forces and their respective impact on the market. The companies included in this report are: AZIMA DLI Corp. (U.S.), Bruel & Kjaer Vibro GmbH (Denmark), Emerson Process Management (U.S.), Fluke Corp. (U.S.), GE (U.S.), Honeywell Process Solution (U.S.), National Instruments (U.S.), Parker Kittiwake (U.K.), Rockwell Automation Inc. (U.S.), SKF (Sweden) and more.
- The total revenue of the Machine Condition Monitoring market is expected to grow at an estimated CAGR of 7.16% from 2014-2020
- Analysis of the global market with special focus on high growth applications in each verticals and fast growing market segments
- The report includes statistics by component, product type, application type, and geography, with a detailed classification splits by revenue
- Porter’s analysis in detail along with their impact
- Major market trends, drivers, restraints, and opportunities for the Machine Condition Monitoring market
- Illustrative segmentation, analysis, and forecast of the major geographical markets to give an overall view of the Machine Condition Monitoring market
- The future of Machine Condition Monitoring market from technical as well as market oriented perspectives
- Detailed competitive landscape with identification of the key players with in-depth market share analysis including individual revenue, and market share rankings.
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Table of Contents
2 Executive Summary
3 Market Overview
4 Market Dynamics
5 Machine Condition Monitoring Market By Products
6 Market By Component
7 Market By Application
8 Market By Geography
9 Competitive Landscape
10 Company Profiles
10.1 Azima Dli Corporation
10.2 Bruel & Kjaer
10.3 CTRL Systems, Inc.
10.4 Emerson Process Management
10.5 Fluke Corporation
10.6 General Electric Company
10.7 Honeywell International, Inc.
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