Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography – 2024 to 2029

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OVERVIEW

The market for monitoring machine condition is projected to hit USD 3.61 billion by 2024, growing over the forecast period at a CAGR of 6.34 %. Development of a stable cloud computing system, increased use of wireless communication technologies for equipment condition monitoring, and end-user inclination towards predictive maintenance would drive market growth throughout the forecast year.

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 1

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 2

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 3

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 4

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 5

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 6

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 7

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 8

TABLE OF CONTENT

1 Global Machine Condition Monitoring Market
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope

2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Global Machine Condition Monitoring Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography

4 Global Machine Condition Monitoring Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis

5 Global Machine Condition Monitoring Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies

6 Global Machine Condition Monitoring Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Opportunities
6.2.3 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes

7 Global Machine Condition Monitoring Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)

8 Global Machine Condition Monitoring Market – By Monitoring Technique (Market Size – &
million/billion)
8.1 Vibration Monitoring
8.2 Thermography
8.3 Oil Analysis
8.4 Corrosion Monitoring
8.5 Ultrasound Emission
8.6 Motor Current Analysis

9 Global Machine Condition Monitoring Market – By Offering
9.1 Hardware
9.2 Software

10 Global Machine Condition Monitoring Market – By Deployment Type
10.1 On-premises
10.2 Cloud

11 Global Machine Condition Monitoring Market – By Monitoring Process
11.1 Online Condition Monitoring
11.2 Portable Condition Monitoring

12 Global Machine Condition Monitoring Market – By End-User
12.1 Oil & Gas
12.2 Aerospace & Defense
12.3 Food & Beverages
12.4 Power Generation
12.5 Metals & Mining
12.6 Chemicals
12.7 Automotive
12.8 Marine
12.9 Others

13 Global Machine Condition Monitoring Market – By Geography (Market Size – &
million/billion)
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 U.K
13.3.2 Germany
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia-Pacific
13.4.1 China
13.4.2 Japan
13.4.3 India
13.4.4 South Korea
13.4.5 Rest of APAC
13.5 Rest of the World
13.5.1 South America
13.5.2 Middle East
13.5.3 Africa

14 Global Machine Condition Monitoring Market – Entropy
14.1 New product launches
14.2 M&A’s, collaborations, JVs and partnerships

15 Global Machine Condition Monitoring Market Company Profile (Key Players)
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Emerson Electric
15.3 General Electric
15.4 Honeywell International
15.5 Rockwell Automation
15.6 SKF
15.7 Schaeffler
15.8 National Instruments
15.9 ALS
15.10 Wilcoxon Sensing Technologies
15.11 Parker Hannifin
15.12 Company 11 & more

16 Global Machine Condition Monitoring Market – Appendix
16.1 Sources
16.2 Abbreviations

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OVERVIEW

The market for monitoring machine condition is projected to hit USD 3.61 billion by 2024, growing over the forecast period at a CAGR of 6.34 %. Development of a stable cloud computing system, increased use of wireless communication technologies for equipment condition monitoring, and end-user inclination towards predictive maintenance would drive market growth throughout the forecast year.

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 9

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 10

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 11

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 12

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 13

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 14

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 15

Machine Condition Monitoring Market by Monitoring Technique (Thermography, Vibration Monitoring, MCA, Oil Analysis), Monitoring Process (Portable and Online), Deployment (Cloud and On Premise), Industry, Offering, and Geography - 2024 to 2029 16

TABLE OF CONTENT

1 Global Machine Condition Monitoring Market
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope

2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Global Machine Condition Monitoring Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography

4 Global Machine Condition Monitoring Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis

5 Global Machine Condition Monitoring Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies

6 Global Machine Condition Monitoring Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Opportunities
6.2.3 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes

7 Global Machine Condition Monitoring Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)

8 Global Machine Condition Monitoring Market – By Monitoring Technique (Market Size – &
million/billion)
8.1 Vibration Monitoring
8.2 Thermography
8.3 Oil Analysis
8.4 Corrosion Monitoring
8.5 Ultrasound Emission
8.6 Motor Current Analysis

9 Global Machine Condition Monitoring Market – By Offering
9.1 Hardware
9.2 Software

10 Global Machine Condition Monitoring Market – By Deployment Type
10.1 On-premises
10.2 Cloud

11 Global Machine Condition Monitoring Market – By Monitoring Process
11.1 Online Condition Monitoring
11.2 Portable Condition Monitoring

12 Global Machine Condition Monitoring Market – By End-User
12.1 Oil & Gas
12.2 Aerospace & Defense
12.3 Food & Beverages
12.4 Power Generation
12.5 Metals & Mining
12.6 Chemicals
12.7 Automotive
12.8 Marine
12.9 Others

13 Global Machine Condition Monitoring Market – By Geography (Market Size – &
million/billion)
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 U.K
13.3.2 Germany
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia-Pacific
13.4.1 China
13.4.2 Japan
13.4.3 India
13.4.4 South Korea
13.4.5 Rest of APAC
13.5 Rest of the World
13.5.1 South America
13.5.2 Middle East
13.5.3 Africa

14 Global Machine Condition Monitoring Market – Entropy
14.1 New product launches
14.2 M&A’s, collaborations, JVs and partnerships

15 Global Machine Condition Monitoring Market Company Profile (Key Players)
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Emerson Electric
15.3 General Electric
15.4 Honeywell International
15.5 Rockwell Automation
15.6 SKF
15.7 Schaeffler
15.8 National Instruments
15.9 ALS
15.10 Wilcoxon Sensing Technologies
15.11 Parker Hannifin
15.12 Company 11 & more

16 Global Machine Condition Monitoring Market – Appendix
16.1 Sources
16.2 Abbreviations

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