Oil Condition Monitoring Market , By Sampling Type (On-Site Sampling, Off-Site Sampling), By Product Type (Turbines, Compressors, Engine, Gear Systems, Hydraulic System), by End-user (Transportation, Industrial, Oil & Gas, Power Generation, Mining), Regional Analysis (North America, Europe, Asia-Pacific, LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026
- RES4072126
- 170 Pages
- March 2020
- Semiconductor and Electronics
The companies are focusing more on maintaining the machineries to decrease the downfall of the performance of these machines and no additional time is required in case of any huge damages are incurred due to the insufficient oil present in the machines. These factors are expected to drive the market in the near future.
Based on sampling type, the oil condition monitoring market is bifurcated into On-Site Sampling and Off-Site Sampling. On-site Sampling segment is projected to boost the market growth in the coming years and is anticipated to reach $578.3 million growing at a CAGR of 9.5% during the projected time frame.
On the basis of product type, oil condition monitoring market is categorized into turbines, compressors, engines, gear systems and hydraulic systems. Engines segment held the largest market value accounting for more than $175.0 million in 2018. However, Turbines segment is projected to boost the global Oil Condition Monitoring market during forecast period and accounted for $210.5 million, boosting at a CAGR of 9.3% by 2026.
Based on end-user, the oil condition monitoring market is divided into Transportation, Industrial, Oil & Gas, Power Generation, and Mining. Oil & Gas is expected to lead the market in the year 2018 accounting for $193.3. in addition, transportation segment is anticipated to drive the market during the forecasted period accounting for $263.8 million by 2026 and in projected to grow at a CAGR of 9.6% during the projected timeframe.
Depending on the region, the market is segregated into North America, Europe, Asia-Pacific and LAMEA. North America region accounted for $184.8 million in 2018 and is expected to grow at a CAGR of 7.9% during the forecast period. Asia-Pacific region is projected to dominate the oil condition monitoring market during the forecast period, the Asia-Pacific region is anticipated to account for $300.6 million, growing at CAGR of 9.2% during the projected time frame.
The key market players in oil condition monitoring market include Intertek Group, Parker Hannifin, Bureau Veritas, General Electric, Chevron, Shell, BP, SGS, Eaton, and Trico among many others.
1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters
1.4.1.Assumptions
1.4.2.Forecast parameters
1.5.Data sources
1.5.1.Primary
1.5.2.Secondary
2.Executive Summary
2.1.360° summary
2.2.Sampling Type trends
2.3.Product Type trends
2.4.End-user trends
3.Market overview
3.1.Market segmentation & definitions
3.2.key takeaways
3.2.1.Top investment pockets
3.2.2.Top winning strategies
3.3.Porter’s five forces analysis
3.3.1.Bargaining power of consumers
3.3.2.Bargaining power of suppliers
3.3.3.Threat of new entrants
3.3.4.Threat of substitutes
3.3.5.Competitive rivalry in the market
3.4.Market dynamics
3.4.1.Drivers
3.4.2.Restraints
3.4.3.Opportunities
3.5.Application landscape
3.6.Regulatory landscape
3.7.Patent landscape
3.8.Market value chain analysis
3.9.Strategic overview
4.Oil Condition Monitoring Market, by Sampling Type
4.1.On Site Sampling
4.1.1.Market size and forecast, by region, 2019-2026
4.1.2.Comparative market share analysis, 2018 & 2026
4.2.Off Site Sampling
4.2.1.Market size and forecast, by region, 2019-2026
4.2.2.Comparative market share analysis, 2018 & 2026
5.Oil Condition Monitoring Market, by Product Type
5.1.Turbines
5.1.1.Market size and forecast, by region, 2019-2026
5.1.2.Comparative market share analysis, 2018 & 2026
5.2.Compressors
5.2.1.Market size and forecast, by region, 2019-2026
5.2.2.Comparative market share analysis, 2018 & 2026
5.3.Engines
5.3.1.Market size and forecast, by region, 2019-2026
5.3.2.Comparative market share analysis, 2018 & 2026
5.4.Gear Systems
5.4.1.Market size and forecast, by region, 2019-2026
5.4.2.Comparative market share analysis, 2018 & 2026
5.5.Hydraulic Systems
5.5.1.Market size and forecast, by region, 2019-2026
5.5.2.Comparative market share analysis, 2018 & 2026
6.Oil Condition Monitoring Market, by End-user
6.1.Transportation
6.1.1.Market size and forecast, by region, 2019-2026
6.1.2.Comparative market share analysis, 2018 & 2026
6.2.Industrial
6.2.1.Market size and forecast, by region, 2019-2026
6.2.2.Comparative market share analysis, 2018 & 2026
6.3.Oil & Gas
6.3.1.Market size and forecast, by region, 2019-2026
6.3.2.Comparative market share analysis, 2018 & 2026
6.4.Power Generation
6.4.1.Market size and forecast, by region, 2019-2026
6.4.2.Comparative market share analysis, 2018 & 2026
6.5.Mining
6.5.1.Market size and forecast, by region, 2019-2026
6.5.2.Comparative market share analysis, 2018 & 2026
7.Oil Condition Monitoring Market, by Region
7.1.North America
7.1.1. Market size and forecast, by Sampling Type, 2019-2026
7.1.2.Market size and forecast, by Product Type, 2019-2026
7.1.3.Market size and forecast, by End-user, 2019-2026
7.1.4.Market size and forecast, by country, 2019-2026
7.1.5.Comparative market share analysis, 2018 & 2026
7.1.1.U.S.
7.1.1.1.Market size and forecast, by Sampling Type, 2019-2026
7.1.1.2.Market size and forecast, by Product Type, 2019-2026
7.1.1.3.Market size and forecast, by End-user, 2019-2026
7.1.1.4.Comparative market share analysis, 2018 & 2026
7.1.2.Canada
7.6.2.1.Market size and forecast, by Sampling Type, 2019-2026
7.6.2.2.Market size and forecast, by Product Type, 2019-2026
7.6.2.3.Market size and forecast, by End-user, 2019-2026
7.6.2.4.Comparative market share analysis, 2018 & 2026
7.1.3.Mexico
7.1.3.1.Market size and forecast, by Sampling Type, 2019-2026
7.1.3.2.Market size and forecast, by Product Type, 2019-2026
7.1.3.3.Market size and forecast, by End-user, 2019-2026
7.1.3.4.Comparative market share analysis, 2018 & 2026
7.2.Europe
7.2.1.Market size and forecast, by Sampling Type, 2019-2026
7.2.2.Market size and forecast, by Application, 2019-2026
7.2.3.Market size and forecast, by End-user, 2019-2026
7.2.4.Market size and forecast, by country, 2019-2026
7.2.5.Comparative market share analysis, 2018 & 2026
7.2.6.UK
7.2.6.1.Market size and forecast, by Sampling Type, 2019-2026
7.2.6.2.Market size and forecast, by Product Type, 2019-2026
7.2.6.3.Market size and forecast, by End-user, 2019-2026
7.2.6.4.Comparative market share analysis, 2018 & 2026
7.2.7.Germany
7.2.7.1.Market size and forecast, by Sampling Type, 2019-2026
7.2.7.2.Market size and forecast, by Product Type, 2019-2026
7.2.7.3.Market size and forecast, by End-user, 2019-2026
7.2.7.4.Comparative market share analysis, 2018 & 2026
7.2.8.France
7.2.8.1.Market size and forecast, by Sampling Type, 2019-2026
7.2.8.2.Market size and forecast, by Product Type, 2019-2026
7.2.8.3.Market size and forecast, by End-user, 2019-2026
7.2.8.4.Comparative market share analysis, 2018 & 2026
7.2.9.Spain
7.2.9.1.Market size and forecast, by Sampling Type, 2019-2026
7.2.9.2.Market size and forecast, by Product Type, 2019-2026
7.2.9.3.Market size and forecast, by End-user, 2019-2026
7.2.9.4.Comparative market share analysis, 2018 & 2026
7.2.10.Italy
7.2.10.1.Market size and forecast, by Sampling Type, 2019-2026
7.2.10.2.Market size and forecast, by Product Type, 2019-2026
7.2.10.3.Market size and forecast, by End-user, 2019-2026
7.2.10.4.Comparative market share analysis, 2018 & 2026
7.2.11.Rest of Europe
7.2.11.1.Market size and forecast, by Sampling Type, 2019-2026
7.2.11.2.Market size and forecast, by Product Type, 2019-2026
7.2.11.3.Market size and forecast, by End-user, 2019-2026
7.2.11.4.Comparative market share analysis, 2018 & 2026
7.3.Asia-Pacific
7.3.1.Market size and forecast, by Sampling Type, 2019-2026
7.3.2.Market size and forecast, by Product Type, 2019-2026
7.3.3.Market size and forecast, by End-user, 2019-2026
7.3.4.Market size and forecast, by country, 2019-2026
7.3.5.Comparative market share analysis, 2018 & 2026
7.3.6.China
7.3.6.1.Market size and forecast, by Sampling Type, 2019-2026
7.3.6.2.Market size and forecast, by Product Type, 2019-2026
7.3.6.3.Market size and forecast, by End-user, 2019-2026
7.3.6.4.Comparative market share analysis, 2018 & 2026
7.3.7.Japan
7.3.7.1.Market size and forecast, by Sampling Type, 2019-2026
7.3.7.2.Market size and forecast, by Product Type, 2019-2026
7.3.7.3.Market size and forecast, by End-user, 2019-2026
7.3.7.4.Comparative market share analysis, 2018 & 2026
7.3.8.India
7.3.8.1.Market size and forecast, by Sampling Type, 2019-2026
7.3.8.2.Market size and forecast, by Product Type, 2019-2026
7.3.8.3.Market size and forecast, by End-user, 2019-2026
7.3.8.4.Comparative market share analysis, 2018 & 2026
7.3.9.Australia
7.3.9.1.Market size and forecast, by Sampling Type, 2019-2026
7.3.9.2.Market size and forecast, by Product Type, 2019-2026
7.3.9.3.Market size and forecast, by End-user, 2019-2026
7.3.9.4.Comparative market share analysis, 2018 & 2026
7.3.10.South Korea
7.3.10.1.Market size and forecast, by Sampling Type, 2019-2026
7.3.10.2.Market size and forecast, by Product Type, 2019-2026
7.3.10.3.Market size and forecast, by End-user, 2019-2026
7.3.10.4.Comparative market share analysis, 2018 & 2026
7.3.11.Rest of Asia-Pacific
7.3.11.1.Market size and forecast, by Sampling Type, 2019-2026
7.3.11.2.Market size and forecast, by Product Type, 2019-2026
7.3.11.3.Market size and forecast, by End-user, 2019-2026
7.3.11.4.Comparative market share analysis, 2018 & 2026
7.4.LAMEA
7.4.1.Market size and forecast, by Sampling Type, 2019-2026
7.4.2..Market size and forecast, by Product Type, 2019-2026
7.4.3.Market size and forecast, by End-user, 2019-2026
7.4.4.Market size and forecast, by country, 2019-2026
7.4.5.Comparative market share analysis, 2018 & 2026
7.4.6.Latin America
7.4.7.1.Market size and forecast, by Sampling Type, 2019-2026
7.4.7.2.Market size and forecast, by Product Type, 2019-2026
7.4.7.3.Market size and forecast, by End-user, 2019-2026
7.4.7.4.Comparative market share analysis, 2018 & 2026
7.4.8.Middle East
7.4.8.1.Market size and forecast, by Sampling Type, 2019-2026
7.4.8.2.Market size and forecast, by Product Type, 2019-2026
7.4.8.3.Market size and forecast, by End-user, 2019-2026
7.4.8.4.Comparative market share analysis, 2018 & 2026
7.4.9.Africa
7.4.9.1.Market size and forecast, by Sampling Type, 2019-2026
7.4.9.2.Market size and forecast, by Product Type, 2019-2026
7.4.9.3.Market size and forecast, by End-user, 2019-2026
7.4.9.4.Comparative market share analysis, 2018 & 2026
8.Company profiles
8.1.Chevron
8.1.1.Business overview
8.1.2.Financial performance
8.1.3.Sampling Type portfolio
8.1.4.Recent strategic moves & developments
8.1.5.SWOT analysis
8.2.Shell
8.2.1.Business overview
8.2.2.Financial performance
8.2.3.Sampling Type portfolio
8.2.4.Recent strategic moves & developments
8.2.5.SWOT analysis
8.3. Parker Hannifin
8.3.1.Business overview
8.3.2.Financial performance
8.3.3.Sampling Type portfolio
8.3.4.Recent strategic moves & developments
8.3.5.SWOT analysis
8.4.General Electric
8.4.1.Business overview
8.4.2.Financial performance
8.4.3.Sampling Type portfolio
8.4.4.Recent strategic moves & developments
8.4.5.SWOT analysis
8.5.Bureau Veritas
8.5.1.Business overview
8.5.2.Financial performance
8.5.3.Sampling Type portfolio
8.5.4.Recent strategic moves & developments
8.5.5.SWOT analysis
8.6. Eaton
8.6.1.Business overview
8.6.2.Financial performance
8.6.3.Sampling Type portfolio
8.6.4.Recent strategic moves & developments
8.6.5.SWOT analysis
8.7.SGS
8.7.1.Business overview
8.7.2.Financial performance
8.7.3.Sampling Type portfolio
8.7.4.Recent strategic moves & developments
8.7.5.SWOT analysis
8.8.BP
8.8.1.Business overview
8.8.2.Financial performance
8.8.3.Sampling Type portfolio
8.8.4.Recent strategic moves & developments
8.8.5.SWOT analysis
8.9.Intertek Group
8.9.1.Business overview
8.9.2.Financial performance
8.9.3.Sampling Type portfolio
8.9.4.Recent strategic moves & developments
8.9.5.SWOT analysis
8.10.Trico
8.10.1.Business overview
8.10.2.Financial performance
8.10.3.Sampling Type portfolio
8.10.4.Recent strategic moves & developments
8.10.5.SWOT analysis
Similar Reports
Energy meters are a typical instrument to measure the amount of electricity or energy consumed by a user. It has been traditionally present in the market with the dominant types being the electromagnetic and static ones. However the market is steadily moving towards a newer generation meters which include smart and digital meters. Players in the market are rapidly involving research and developmen...
- Publish Date: January 5, 2011
- $950
High growth and development of the power sector in India is stimulating the demand for transformers. The initiatives undertaken by the Government of India is providing ample opportunities to the players in the industry to grow. The report begins with an introduction to the transformers market with an overview of the structure of the transmission segment. The market overview section discusses the ...
- Publish Date: January 5, 2011
- $950
Power capacitors form a small part of the electrical equipment industry in India. Their use is indispensable in the energy efficient systems as it is helps to reduce the overall power factor (PF) of the system. It is a cheaper product as compared to the other electrical equipments and with growing energy efficiency needs, its use and demand is rising rapidly. A cumulative growth in the Indian powe...
- Publish Date: January 12, 2011
- $950
