The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.
This report analyzes the worldwide markets for Machine Condition Monitoring Equipment in US$ Thousand by the following Product Segments:
Vibration Monitoring Equipment
Thermography Equipment
Lubricating Oil Analysis Equipment
Others
The report profiles 106 companies including many key and niche players such as:
ALS Limited (Australia)
Azima DLI LLC (USA)
Brel & Kjr Vibro GmbH (Denmark)
ClampOn AS (Norway)
Cosasco (USA)
CRYSTAL INSTRUMENTS (USA)
CTRL Systems, Inc. (USA)
Data Physics Corporation (USA)
Emerson Electric Co. (USA)
FLIR Systems, Inc. (USA)
Fluke Corporation (USA)
General Electric (USA)
Honeywell Process Solutions (USA)
ITT Corporation (USA)
Meggitt PLC (UK)
National Instruments Corporation (USA)
Parker Hannifin Corp. (USA)
Parker Kittiwake (UK)
PCB Piezotronics, Inc. (USA)
Rockwell Automation, Inc. (USA)
Schaeffler Technologies AG & Co. KG (Germany)
Shinkawa Electric Co., Ltd. (Japan)
SKF (Sweden)
SPM Instrument AB (Sweden)
Key Topics Covered:
1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS Study Reliability and Reporting Limitations Data Interpretation & Reporting Level Quantitative Techniques & Analytics Product Definitions and Scope of Study Vibration Monitoring Equipment Thermography Equipment Lubricating Oil Analysis Equipment Corrosion Monitoring Equipment
2. INDUSTRY OVERVIEW Condition Based Maintenance Comes Out of the Shadows as Smart Management of Assets Spirals into the Spotlight Emergence of Industry 4.0 & IIoT as a Novel Support System for Intelligent Maintenance Drives Opportunities for Condition Monitoring Market Overview From Corrective to Prescriptive, Machine Condition Monitoring Makes Its Evolutionary Turn Towards Smart Asset Management Artificial Intelligence in Machine Condition Monitoring Gains Ground Continued Recovery in Global GDP & Manufacturing PMI Promises Stronger Growth for the Machine Condition Monitoring Market Ubiquity of Rotating Machinery in Industrial Plants Sustains the Dominance of Vibration Monitoring Systems Even as the Oil Industry Regains Balance at the Back of Oil Price Rise & Supply Increases, Volatility Will Continue to Shape Strategy Skyrocketing Oil Exploration Costs Business Case for Operational Excellence Stands Exemplified Growing Energy Consumption & Production Drives the Need for Condition Monitoring in Power Plants Insatiable Need for Energy Changing Power Generation Dynamics & Rise of Peaking Power Plants Outsourced Condition Monitoring Services to Gain Momentum Technology Innovations to Support Long-Term Growth in the Market Wireless Sensor Networks, Sensor Fusion & Multi-Sensor Monitoring: The Three Major Technology Buzzwords Maintenance from a Distance: The New Buzz Word for Prognostic Machine Health Monitoring Growth of Precision Mechanics & the Ensuing Increase in the Use of Machine Tools to Benefit Condition Monitoring of Machine Tools The Rise of Cloud Based Business Models Sparks a Revolution in Condition Monitoring Integration of Condition Monitoring With Asset Management: A Key Strategy Aimed At Productivity Gains Market Outlook
3. AN INSIGHT INTO KEY PRODUCT MARKETS Vibration Condition Monitoring Online Vibration Monitoring Systems Minimizing Maintenance Expenses Integrating Condition Data with Process Data Elegant Products for Vibration Isolation Application Micromachined Accelerometers - A Cost-effective Solution to Machine Condition Monitoring Thermography Equipment Recent Developments in Thermography Condition Monitoring Market for Thermal Imaging Equipment Continues to Swell Lubricating Oil Analysis Condition Monitoring Equipment Plant Asset Management and Condition Monitoring Market
4. PRODUCT OVERVIEW Monitoring - Not an Alternative to Inspection Machine Condition Monitoring - An Introduction Functioning of the Machine Condition Monitoring System Vibration Monitoring Equipment Thermography Equipment Lubricating Oil Analysis Equipment Significance of Lubrication Lubrication Management Oil Analysis Wear Debris Analysis Oil and Wear Debris Analysis Software to Maintain Consolidated Lubrication Program Corrosion Monitoring Prevention is Better Than Cure Corrosion Monitoring Techniques Electrochemical Techniques Electrochemical Noise (EN) EIS Technique Linear Polarization Resistance (LPR) Metal Loss Techniques Electrical Resistance (E/R) Probes Ceion and Microcor Technologies Weight Loss Coupons New Software for Monitoring Pipe Corrosion CORMIT Technology Digital Fieldbus Technology - A Review Introduction to Fieldbus Technology Digital Fieldbus - Ideal Solution for Integrating Control and Condition Monitoring Advantages of Integrating Control and Condition Monitoring Data
5. COMPETITIVE LANDSCAPE
5.1 Focus on Select Players
5.2 Product Introductions/Developments ITT Upgrades Bluetooth i-ALERT Monitoring Solution Eriks Launches Industry 4.0 Compatible e-Connect Omron Introduces Four Series of Condition Monitoring Devices Schuler Launches Pipe ID 4.0 Process Control System Arundo Analytics Launches Arundo CPM Application FLIR Unveils intelliRock III Concrete Profiling Solution Fluke Launches Fluke 3560 FC Vibration Sensor Fluke Expands the Condition Monitoring System to include Thermal Monitoring Nidec Introduces FORECYTE Teledyne Upgrades its CEION and DCU Product Lines SKF Launches SKF Enlight Centre Purafil Launches OnGuard Smart LumaSense Introduces ThermalSpection 724 Substation Asset Monitoring System Parker Kittiwake Unveils Condition Monitoring Starter Kit Parker Hannifin Launches Bluetooth-powered Sensors SKF Introduces New Condition Monitoring Equipment Wenco Introduces New Machine Condition Monitoring System GE Launches Online Continuous Monitoring System ORBCOMM Unveils Cargo Security & Condition Monitoring Solution
5.3 Recent Industry Activity Cosasco Secures a Contract from Afcons Infrastructure for Corrosion Monitoring Systems Sdra Cell Selects Intellinova Parallel EN Online System from SPM SPM Receives an Order from VPK Packaging for Online Intellinova Systems SPM Receives an Order from SSAB for Intellinova Parallel EN Replacement Cosasco Partners with Sensorlink Cosasco Wins a Contract from Afcons Infrastructure SCA Packaging Obbola Invest in SBM's Two Online Systems Nordic Paper motfors Invest in SPM's Condition Monitoring Equipment BKV Acquires SETPOINT Technology Platform Cosasco Wins a $3M Contract from L&T for Corrosion Monitoring Systems Baker Hughes Merges with GE Oil & Gas Cosasco Signs a Mutual Sales Agreement with Yokogawa Statoil Enters into a Five-Year Framework Contract with ClampOn Emerson to Acquire Permasense Cargill Selects Azima DLI to Supply Whole-Plant Monitoring Services Azima DLI Receives Supply Order from Cargill Azima DLI Receives Supply Order from SETECH Brel & Kjr Vibro Receives Order to Supply Machine Protection & Data Acquisition System
6. GLOBAL MARKET PERSPECTIVE
7. REGIONAL MARKET PERSPECTIVE
8. COMPANY PROFILES
Total Companies Profiled: 106 (including Divisions/Subsidiaries - 123)
