Global Condition Monitoring Service Market Size study, By Monitoring Techniques {Vibration Monitoring, Thermography, Oil Analysis, Corrosion Monitoring, Ultrasound Emission), By End-use {Oil & Gas, Power Generation, Metals & Mining, Chemicals, Automotive, Aerospace & Defense, Food & Beverages, Marine, Others}, By Monitoring Process {Online Condition Monitoring, Portable Condition Monitoring}, Analysis Regional Forecasts 2021-2027
- BIZ4618051
- 200 Pages
- August 2021
- Semiconductor and Electronics
Global Condition Monitoring Service Market reached USD XX Billion in 2020. The Global Condition Monitoring Service Market tends to grow by a CAGR of XX% in the 2021-2027 period. Condition monitoring is a process of checking and evaluating the condition and health of a certain machine based on its performance, temperature, heat fluctuation, vibration, etc. The major driving factor for the market is increased machine productivity and efficiency thus increasing cost efficiency as well. Stringent government policies on manufacturing and workplace is also a significant factor for this market as players are compelled to consistently enhance the performance of the machine. Industry 4.0 in which upgraded machines are launching required timely conditioning is also a trending factor in this segment, that is helping the market to grow. For instance, SKF, a major player of this market, collaborated with wireless specialist LumenRadio to develop a new wireless sensor as part of condition monitoring. Ater conditioning of machine there is a possibility of a decline in the performance of machine due to various factors like tasting error, judgment error and other, this is a restraint for this segment. In the end-user segment, the oil and gas industry will lead the market as it employs various machines used to extract the final products, and reducing demand for oil and gas globally will lead the players to shift their focus on servicing the machine for efficient performance and result. The key regions covered in the global fertigation control system market are North America, Latin America, Europe, East Asia, South Asia-Pacific, and the Middle East & Africa. North America has accounted for the largest market share and will continue to hold a prominent position in the market frequent conditioning of machines to get the prominent performance for the higher productivity, and stringent government rules regarding workplace management and safety. Major market players included in this report are: Emerson Electric Co. General Electric Co. Honeywell International Inc. National Instruments Corp. SKF AB GE Bently Nevada SPM Instruments Rockwell Automation INC. Meggitt PLC Timken The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Monitoring Technique: Vibration Monitoring Thermography Oil Analysis Corrosion Monitoring Ultrasound Emission Motor Current Analysis By End-use: Oil & Gas Power Generation Metals & Mining Chemicals Automotive Aerospace & Defense Food & Beverages Marine Others By Monitoring Process: Online Condition Monitoring Portable Condition Monitoring By Region: North America The U.S. Canada Europe UK Germany France Spain Italy ROE Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World Furthermore, the years considered for the study are as follows: Historical year – 2018, 2019 Base year – 2020 Forecast period – 2021 to 2027 Target Audience of the Global Condition Monitoring Service Market in Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Condition Monitoring Service Market, by Monitoring Technique, 2019-2027 (USD Billion) 1.2.2. Condition Monitoring Service Market, by End-use Industry, 2019-2027 (USD Billion) 1.2.3. Condition Monitoring Service Market, by Monitoring Process, 2019-2027 (USD Billion) 1.2.4. Global Condition Monitoring Service Market, by region, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Condition Monitoring Service Market Definition and Scope 2.1. The objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Condition Monitoring Service Market Dynamics 3.1. Global Condition Monitoring Service Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 3.1.1.1. Increasing machine productivity and performance 3.1.1.2. Stringent government rules and regulations regarding workplace safety 3.1.1.3. The surge in Industry 4.0 3.1.2. Market Challenges 3.1.2.1. Reliability issue on the performance of machine after monitoring 3.1.3. Market Opportunities 3.1.3.1. Advancements in connectivity solutions Chapter 4. Global Condition Monitoring Service Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. The threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Condition Monitoring Service Market by Monitoring Technique 5.1. Market Snapshot 5.2. Global Condition Monitoring Service Market by Monitoring Technique, Performance - Potential Analysis 5.3. Global Condition Monitoring Service Market estimates & Forecasts by Monitoring Technique 2018-2027 (USD Billion) 5.4. Condition Monitoring Service Market, Sub Segment Analysis 5.4.1. Vibration Monitoring 5.4.2. Thermography 5.4.3. Oil Analysis 5.4.4. Corrosion Monitoring 5.4.5. Ultrasound Emission 5.4.6. Motor Current Analysis Chapter 6. Global Condition Monitoring Service Market by End-use Industry 6.1. Market Snapshot 6.2. Global Condition Monitoring Service Market by End-use Industry, Performance - Potential Analysis 6.3. Global Condition Monitoring Service Market estimates & Forecasts by End-use Industry 2018-2027 (USD Billion) 6.4. Condition Monitoring Service Market, Sub Segment Analysis 6.4.1. Oil & Gas 6.4.2. Power Generation 6.4.3. Metals & Mining 6.4.4. Chemicals 6.4.5. Automotive 6.4.6. Aerospace & Defense 6.4.7. Food & Beverages 6.4.8. Marine 6.4.9. Others Chapter 7. Global Condition Monitoring Service Market by Monitoring Process 7.1. Market Snapshot 7.2. Global Condition Monitoring Service Market by Monitoring Process, Performance - Potential Analysis 7.3. Global Condition Monitoring Service Market estimates & Forecasts by Monitoring Process 2018-2027 (USD Billion) 7.4. Condition Monitoring Service Market, Sub Segment Analysis 7.4.1. Online Condition Monitoring 7.4.2. Portable Condition Monitoring Chapter 8. Global Condition Monitoring Service Market, Regional Analysis 8.1. Global Condition Monitoring Service Market, Regional Market Snapshot 8.2. North America Condition Monitoring Service Market 8.2.1. U.S. Condition Monitoring Service Market 8.2.1.1. Monitoring Technique breakdown estimates & forecasts, 2018-2027 8.2.1.2. End-use Industry breakdown estimates & forecasts, 2018-2027 8.2.1.3. Monitoring Process breakdown estimates & forecasts, 2018-2027 8.2.2. Canada Condition Monitoring Service Market 8.3. Europe Condition Monitoring Service Market Snapshot 8.3.1. The U.K. Condition Monitoring Service Market 8.3.2. Germany Condition Monitoring Service Market 8.3.3. France Condition Monitoring Service Market 8.3.4. Spain Condition Monitoring Service Market 8.3.5. Italy Condition Monitoring Service Market 8.3.6. Rest of Europe Condition Monitoring Service Market 8.4. Asia-Pacific Condition Monitoring Service Market Snapshot 8.4.1. China Condition Monitoring Service Market 8.4.2. India Condition Monitoring Service Market 8.4.3. Japan Condition Monitoring Service Market 8.4.4. Australia Condition Monitoring Service Market 8.4.5. South Korea Condition Monitoring Service Market 8.4.6. Rest of Asia Pacific Condition Monitoring Service Market 8.5. Latin America Condition Monitoring Service Market Snapshot 8.5.1. Brazil Condition Monitoring Service Market 8.5.2. Mexico Condition Monitoring Service Market 8.6. Rest of The World Condition Monitoring Service Market Chapter 9. Competitive Intelligence 9.1.1. Top Market Strategies 9.2. Company Profiles 9.2.1. Emerson Electric Co. 9.2.1.1. Key Information 9.2.1.2. Overview 9.2.1.3. Financial (Subject to Data Availability) 9.2.1.4. Service Monitoring Technique Summary 9.2.1.5. Recent Developments 9.2.2. General Electric Co. 9.2.3. Honeywell International Inc. 9.2.4. National Instruments Corp. 9.2.5. SKF AB 9.2.6. GE Bently Nevada 9.2.7. SPM Instruments 9.2.8. Rockwell Automation INC. 9.2.9. Meggitt PLC 9.2.10. Timken Chapter 10. Research Process 10.1. Research Process 10.1.1. Data Mining 10.1.2. Analysis 10.1.3. Market Estimation 10.1.4. Validation 10.1.5. Publishing 10.2. Research Attributes 10.3. Research Assumption
List of Tables TABLE 1. Global Condition Monitoring Service Market, report scope TABLE 2. Global Condition Monitoring Service Market estimates & forecasts by region 2018-2027 (USD Billion) TABLE 3. Global Condition Monitoring Service Market estimates & forecasts by Monitoring Technique 2018-2027 (USD Billion) TABLE 4. Global Condition Monitoring Service Market estimates & forecasts by End-use Industry 2018-2027 (USD Billion) TABLE 5. Global Condition Monitoring Service Market estimates & forecasts by Monitoring Process 2018-2027 (USD Billion) TABLE 6. Global Condition Monitoring Service Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 7. Global Condition Monitoring Service Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 8. Global Condition Monitoring Service Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 9. Global Condition Monitoring Service Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 10. Global Condition Monitoring Service Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 11. Global Condition Monitoring Service Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 12. Global Condition Monitoring Service Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 13. Global Condition Monitoring Service Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 14. Global Condition Monitoring Service Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 15. Global Condition Monitoring Service Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 16. U.S. Condition Monitoring Service Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 17. U.S. Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 18. U.S. Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 19. Canada Condition Monitoring Service Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 20. Canada Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 21. Canada Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 22. UK Condition Monitoring Service Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 23. UK Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 24. UK Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 25. Germany Condition Monitoring Service Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 26. Germany Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 27. Germany Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 28. RoE Condition Monitoring Service Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 29. RoE Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 30. RoE Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 31. China Condition Monitoring Service Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 32. China Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 33. China Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 34. India Condition Monitoring Service Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 35. India Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 36. India Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 37. Japan Condition Monitoring Service Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 38. Japan Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 39. Japan Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 40. RoAPAC Condition Monitoring Service Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 41. RoAPAC Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 42. RoAPAC Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 43. Brazil Condition Monitoring Service Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 44. Brazil Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 45. Brazil Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 46. Mexico Condition Monitoring Service Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 47. Mexico Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 48. Mexico Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 49. RoLA Condition Monitoring Service Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 50. RoLA Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 51. RoLA Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 52. Row Condition Monitoring Service Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 53. Row Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 54. Row Condition Monitoring Service Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 55. List of secondary sources, used in the study of Condition Monitoring Service Market TABLE 56. List of primary sources, used in the study of Condition Monitoring Service Market TABLE 57. Years Considered for the study TABLE 58. Exchange rates considered
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