Machine Condition Monitoring Market Size, Share, Growth, and Forecast 2023 – 2032

May 4, 2023 admin

The report analyzes and forecasts the Machine Condition Monitoring Market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2022 to 2030. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global Machine Condition Monitoring Market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the Machine Condition Monitoring Market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides size (in terms of volume and value) of Machine Condition Monitoring Market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

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In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding. Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

Market Players as below:

Some of the global machine condition monitoring companies profiled in the report include ALS, Emerson Electric Co., General Electric, Honeywell International Inc., Megget PLC, National Instruments Corp., Parker Hannifin, Rockwell Automation, Inc., Schaeffler AG., and SKF AB.

The major market segments of Machine Condition Monitoring Market are as below:

Machine Condition Monitoring Market By Monitoring Technique

Vibration Monitoring
Thermography
Oil Analysis
Corrosion Monitoring
Ultrasound Emission Monitoring
Others

Machine Condition Monitoring Market By Monitoring Process

Online
Portable

Machine Condition Monitoring Market By Component

Hardware
Software
Services

Machine Condition Monitoring Market By Deployment

Cloud
On-Premises

Machine Condition Monitoring Market By End-Use

Power Generation
Automotive
Oil & Gas
Metal & Mining
Aerospace
Food & Beverages
Chemicals
Marine
Others

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Table Of Contents:

CHAPTER 1. Industry Overview of Machine Condition Monitoring Market

1.1. Definition and Scope

1.1.1. Definition of Machine Condition Monitoring

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Machine Condition Monitoring Market

1.2. Summary

1.2.1. Executive Summary

1.2.2. Machine Condition Monitoring Market By Monitoring Technique

1.2.3. Machine Condition Monitoring Market By Monitoring Process

1.2.4. Machine Condition Monitoring Market By Component

1.2.5. Machine Condition Monitoring Market By Deployment

1.2.6. Machine Condition Monitoring Market By End-Use

1.2.7. Machine Condition Monitoring Market By Region

CHAPTER 2. Research Approach

2.1. Methodology

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Source

2.2.1. Secondary Sources

2.2.2. Primary Sources

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Machine Condition Monitoring Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Machine Condition Monitoring Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Regulatory Compliance

3.9. Competitive Landscape, 2022

3.9.1. Player Positioning Analysis

3.9.2. Key Strategies Adopted By Leading Players

CHAPTER 4. Flooring & Wall Panels Plant Analysis

4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022

4.2. R&D Status of Major Manufacturers in 2022

CHAPTER 5. Machine Condition Monitoring Market By Monitoring Technique

5.1. Introduction

5.2. Machine Condition Monitoring Market Revenue By Monitoring Technique

5.2.1. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast, By Monitoring Technique, 2020-2032

5.2.2. Vibration Monitoring

5.2.2.1. Vibration Monitoring Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3. Thermography

5.2.3.1. Thermography Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4. Oil Analysis

5.2.4.1. Oil Analysis Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.5. Corrosion Monitoring

5.2.5.1. Corrosion Monitoring Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.6. Ultrasound Emission Monitoring

5.2.6.1. Ultrasound Emission Monitoring Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.7. Others

5.2.7.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 6. Machine Condition Monitoring Market By Monitoring Process

6.1. Introduction

6.2. Machine Condition Monitoring Market Revenue By Monitoring Process

6.2.1. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast, By Monitoring Process, 2020-2032

6.2.2. Online

6.2.2.1. Online Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.3. Portable

6.2.3.1. Portable Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 7. Machine Condition Monitoring Market By Component

7.1. Introduction

7.2. Machine Condition Monitoring Market Revenue By Component

7.2.1. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast, By Component, 2020-2032

7.2.2. Hardware

7.2.2.1. Hardware Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.3. Software

7.2.3.1. Software Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.4. Services

7.2.4.1. Services Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 8. Machine Condition Monitoring Market By Deployment

8.1. Introduction

8.2. Machine Condition Monitoring Market Revenue By Deployment

8.2.1. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast, By Deployment, 2020-2032

8.2.2. Cloud

8.2.2.1. Cloud Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.3. On-Premises

8.2.3.1. On-Premises Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 9. Machine Condition Monitoring Market By End-Use

9.1. Introduction

9.2. Machine Condition Monitoring Market Revenue By End-Use

9.2.1. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast, By End-Use, 2020-2032

9.2.2. Power Generation

9.2.2.1. Power Generation Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.3. Automotive

9.2.3.1. Automotive Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.4. Oil & Gas

9.2.4.1. Oil & Gas Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.5. Metal & Mining

9.2.5.1. Metal & Mining Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.6. Aerospace

9.2.6.1. Aerospace Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.7. Food & Beverages

9.2.7.1. Food & Beverages Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.8. Chemicals

9.2.8.1. Chemicals Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.9. Marine

9.2.9.1. Marine Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.10. Others

9.2.10.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 10. North America Machine Condition Monitoring Market By Country

10.1. North America Machine Condition Monitoring Market Overview

10.2. U.S.

10.2.1. U.S. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

10.2.2. U.S. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

10.2.3. U.S. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

10.2.4. U.S. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

10.2.5. U.S. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

10.3. Canada

10.3.1. Canada Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

10.3.2. Canada Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

10.3.3. Canada Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

10.3.4. Canada Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

10.3.5. Canada Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

10.4. North America PEST Analysis

CHAPTER 11. Europe Machine Condition Monitoring Market By Country

11.1. Europe Machine Condition Monitoring Market Overview

11.2. U.K.

11.2.1. U.K. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

11.2.2. U.K. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

11.2.3. U.K. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

11.2.4. U.K. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

11.2.5. U.K. Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

11.3. Germany

11.3.1. Germany Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

11.3.2. Germany Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

11.3.3. Germany Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

11.3.4. Germany Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

11.3.5. Germany Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

11.4. France

11.4.1. France Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

11.4.2. France Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

11.4.3. France Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

11.4.4. France Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

11.4.5. France Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

11.5. Spain

11.5.1. Spain Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

11.5.2. Spain Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

11.5.3. Spain Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

11.5.4. Spain Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

11.5.5. Spain Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

11.6. Rest of Europe

11.6.1. Rest of Europe Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

11.6.2. Rest of Europe Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

11.6.3. Rest of Europe Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

11.6.4. Rest of Europe Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

11.6.5. Rest of Europe Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

11.7. Europe PEST Analysis

CHAPTER 12. Asia-Pacific Machine Condition Monitoring Market By Country

12.1. Asia-Pacific Machine Condition Monitoring Market Overview

12.2. China

12.2.1. China Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

12.2.2. China Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

12.2.3. China Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

12.2.4. China Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

12.2.5. China Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

12.3. Japan

12.3.1. Japan Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

12.3.2. Japan Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

12.3.3. Japan Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

12.3.4. Japan Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

12.3.5. Japan Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

12.4. India

12.4.1. India Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

12.4.2. India Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

12.4.3. India Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

12.4.4. India Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

12.4.5. India Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

12.5. Australia

12.5.1. Australia Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

12.5.2. Australia Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

12.5.3. Australia Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

12.5.4. Australia Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

12.5.5. Australia Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

12.6. South Korea

12.6.1. South Korea Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

12.6.2. South Korea Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

12.6.3. South Korea Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

12.6.4. South Korea Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

12.6.5. South Korea Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

12.7. Rest of Asia-Pacific

12.7.1. Rest of Asia-Pacific Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

12.7.2. Rest of Asia-Pacific Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

12.7.3. Rest of Asia-Pacific Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

12.7.4. Rest of Asia-Pacific Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

12.7.5. Rest of Asia-Pacific Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

12.8. Asia-Pacific PEST Analysis

CHAPTER 13. Latin America Machine Condition Monitoring Market By Country

13.1. Latin America Machine Condition Monitoring Market Overview

13.2. Brazil

13.2.1. Brazil Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

13.2.2. Brazil Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

13.2.3. Brazil Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

13.2.4. Brazil Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

13.2.5. Brazil Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

13.3. Mexico

13.3.1. Mexico Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

13.3.2. Mexico Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

13.3.3. Mexico Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

13.3.4. Mexico Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

13.3.5. Mexico Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

13.4. Rest of Latin America

13.4.1. Rest of Latin America Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

13.4.2. Rest of Latin America Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

13.4.3. Rest of Latin America Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

13.4.4. Rest of Latin America Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

13.4.5. Rest of Latin America Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

13.5. Latin America PEST Analysis

CHAPTER 14. Middle East & Africa Machine Condition Monitoring Market By Country

14.1. Middle East & Africa Machine Condition Monitoring Market Overview

14.2. GCC

14.2.1. GCC Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

14.2.2. GCC Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

14.2.3. GCC Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

14.2.4. GCC Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

14.2.5. GCC Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

14.3. South Africa

14.3.1. South Africa Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

14.3.2. South Africa Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

14.3.3. South Africa Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

14.3.4. South Africa Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

14.3.5. South Africa Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

14.4. Rest of Middle East & Africa

14.4.1. Rest of Middle East & Africa Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Technique, 2020-2032

14.4.2. Rest of Middle East & Africa Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Monitoring Process, 2020-2032

14.4.3. Rest of Middle East & Africa Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Component, 2020-2032

14.4.4. Rest of Middle East & Africa Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By Deployment, 2020-2032

14.4.5. Rest of Middle East & Africa Machine Condition Monitoring Market Revenue (USD Billion) and Forecast By End-Use, 2020-2032

14.5. Middle East & Africa PEST Analysis

CHAPTER 15. Player Analysis Of Machine Condition Monitoring Market

15.1. Machine Condition Monitoring Market Company Share Analysis

15.2. Competition Matrix

15.2.1. Competitive Benchmarking of key players by product, presence, market share, and R&D investment

15.2.2. New Product Launches and Product Enhancements

15.2.3. Mergers And Acquisition In Global Machine Condition Monitoring Market

15.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

CHAPTER 16. Company Profile

16.1. VeriFone, Inc.

16.1.1. Company Snapshot

16.1.2. Business Overview

16.1.3. Financial Overview

16.1.3.1. Revenue (USD Billion), 2022

16.1.3.2. VeriFone, Inc.2022 Machine Condition Monitoring Business Regional Distribution

16.1.4. Product /Service and Specification

16.1.5. Recent Developments & Business Strategy

16.2. ALS

16.3. Emerson Electric Co.

16.4. General Electric

16.5. Honeywell International Inc.

16.6. Megget PLC

16.7. National Instruments Corp.

16.8. Parker Hannifin

16.9. Rockwell Automation, Inc.

16.10. Schaeffler AG.

16.11. SKF AB

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