Global Machine Condition Monitoring Market 2016-2020

Global Machine Condition Monitoring Market 2016-2020

Category : Machines
Sub Category : Industrial Machinery
Published On : June  2016
Pages : 124



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About the Machine Condition Monitoring Market
 
During the course of the 20th century, maintenance strategies have gone through many changes. Currently, predictive and proactive strategies present the maximum benefits at minimum expenditure. However, the preventive or scheduled maintenance approach is the most widely used strategy, particularly among the SMEs. This is mainly due to their reluctance to shift from a maintenance strategy that they have adapted over the years and the misconception that predictive and proactive strategies are expensive. With increased awareness, we expect the predictive and proactive approach to gain considerable momentum in the coming years.
 
Technavio’s analysts forecast the global machine condition monitoring market to grow at a CAGR of 4.02% during the period 2016-2020.
 
Covered in this report 
The report covers the present scenario and the growth prospects of the global machine condition monitoring market for 2016-2020. The report considers the revenue generated from the sales of the following:
• Hardware
• Software, software licenses, and renewal of software licenses 
• Upgrades of existing solutions 
• Maintenance and services
Note: The report only considers revenues generated from machine condition monitoring systems used in/for plant equipment and machinery. 
 
The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA
 
Technavio's report, Global Machine Condition Monitoring Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the operating in this market. 
 
Key vendors 
• Emerson Electric
• General Electric
• Honeywell
• National Instruments
• Rockwell Automation
 
Other prominent vendors
• Azima DLI
• Bruel & Kjaer Sound and Vibration Measurement
• DLI Engineering
• FLIR Systems
• Fluke
• Motion Industries
• NSK
• Parker-Hannifin
• PCB Piezotronics 
• PDS Condition Monitoring Services
• Rohrback Cosasco 
• Saj Engineering & Trading Company
• Scientific Monitoring 
• Shinkawa 
• SKF
• SPM Instrument
• Timken
• W.W. Grainger
 
Market driver 
• Shift from preventive maintenance to predictive maintenance
• For a full, detailed list, view our report 
 
Market challenge 
• Lack of customization and increased costs
• For a full, detailed list, view our report 
 
Market trend 
• Integration of IoT in machine condition monitoring
• For a full, detailed list, view our report 
 
Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 
 
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.


PART 01: Executive summary
• Highlights

PART 02: Scope of the report
• Market overview
• Top-vendors
• Other prominent vendors

PART 03: Market research methodology
• Research methodology
• Economic indicators

PART 04: Introduction
• Key market highlights
• Maintenance methodologies

PART 05: Market landscape
• Market overview
• Five forces analysis

PART 06: Market segmentation by end-user
• Global machine condition monitoring market in power industry
• Global machine condition monitoring market in oil and gas industry
• Global machine condition monitoring market in chemical and petrochemical industry
• Global machine condition monitoring market in pulp and paper industry
• Global machine condition monitoring market in cement industry
• Global machine condition monitoring market in steel and metal industry
• Global machine condition monitoring market in pharmaceutical industry
• Global machine condition monitoring market in automotive industry
• Global machine condition monitoring market in food and beverage industry

PART 07: Geographical segmentation
• Market overview
• Machine condition monitoring market in the Americas
• Machine condition monitoring market in EMEA
• Machine condition monitoring market in APAC

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape
• Competition overview
• Emerson Electric
• General Electric
• Honeywell
• National Instruments
• Rockwell Automation

PART 14: Key takeaways

PART 15: Appendix
• List of abbreviations

PART 16: Explore Technavio
Exhibit 01: Segmentation based on end-users
Exhibit 02: Segmentation based on geography
Exhibit 03: Top vendors
Exhibit 04: Other prominent vendors
Exhibit 05: Development cycle of maintenance technologies
Exhibit 06: Maintenance strategies
Exhibit 07: Predictive maintenance strategy
Exhibit 08: Types and analytic techniques used in machine condition monitoring
Exhibit 09: Machine condition monitoring market snapshot
Exhibit 10: Global machine condition monitoring market 2015-2020 ($ billions)
Exhibit 11: Geographic industrial concentration (2015)
Exhibit 12: Five forces analysis
Exhibit 13: Global machine condition monitoring: End-user segmentation 2015 and 2020 (share)
Exhibit 14: YoY growth rate comparison by end-users 2016-2020
Exhibit 15: Global machine condition monitoring market in power industry 2015-2020 ($ millions)
Exhibit 16: Types of commonly-used predictive machine condition monitoring systems
Exhibit 17: Segmentation of power industry based on sources of energy
Exhibit 18: Planned investments in power industry
Exhibit 19: Global machine condition monitoring market in oil and gas industry 2015-2020 ($ millions)
Exhibit 20: Comparison between types of maintenance strategy and costs incurred
Exhibit 21: Broad classification of chemicals
Exhibit 22: Global machine condition monitoring market in chemical and petrochemical industry 2015-2020 ($ millions)
Exhibit 23: Planned investments in chemical and petrochemical industry
Exhibit 24: Global machine condition monitoring market in pulp and paper industry 2015-2020 ($ millions)
Exhibit 25: Planned investments in pulp and paper industry
Exhibit 26: Global machine condition monitoring market in cement industry 2015-2020 ($ millions)
Exhibit 27: Planned investments in cement industry
Exhibit 28: Global machine condition monitoring market in steel and metal industry 2015-2020 ($ millions)
Exhibit 29: Planned investments in steel industry
Exhibit 30: Planned investments in aluminum industry
Exhibit 31: Global copper industry in 2015 and 20120 ($ billions)
Exhibit 32: Global machine condition monitoring market in pharmaceutical industry 2015-2020 ($ millions)
Exhibit 33: Planned investments in pharmaceutical industry
Exhibit 34: Global machine condition monitoring market in automotive industry 2015-2020 ($ millions)
Exhibit 35: Planned investments in automotive industry
Exhibit 36: Global machine condition monitoring market in food and beverage industry 2015-2020 ($ millions)
Exhibit 37: Planned investments in food and beverage industry
Exhibit 38: Global machine condition monitoring market: Geographical segmentation 2015 and 2020
Exhibit 39: YoY growth rate by geography 2015-2020
Exhibit 40: Machine condition monitoring market in the Americas 2015-2020 ($ millions)
Exhibit 41: Planned investments in Americas across various industries
Exhibit 42: Machine condition monitoring market in EMEA 2015-2020 ($ millions)
Exhibit 43: Planned investments in EMEA across various industries
Exhibit 44: Machine condition monitoring market in APAC 2015-2020 ($ millions)
Exhibit 45: Planned pipeline investments
Exhibit 46: Population of major industrial nations in APAC 2011-2014 (millions)
Exhibit 47: Population 2015-2020: Global, China, and India
Exhibit 48: Per capita income by major industrial nations in APAC 2011-2014 ($)
Exhibit 49: Planned investments
Exhibit 50: Employee health and safety standards commonly followed across industries worldwide
Exhibit 51: Capital investments by leading automobile companies
Exhibit 52: Impact of drivers
Exhibit 53: Slowdown in major economies and its implications on machine condition monitoring market
Exhibit 54: Impact of drivers and challenges
Exhibit 55: Sales structure
Exhibit 56: Revenue market share of Emerson Electric by region 2015
Exhibit 57: Revenue market share of GE's oil and gas division by region 2015
Exhibit 58: Revenue market share of Honeywell by region 2015
Exhibit 59: Revenue market share of National Instruments by region 2015
Exhibit 60: Revenue market share of Rockwell Automation by region 2015

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