Table of Content
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF THE U.S. MACHINE CONDITION MONITORING MARKET
1.4 LIMITATIONS
1.5 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 MARKETS COVERED
2.2 GEOGRAPHICAL SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 CURRENCY AND PRICING
2.5 DBMR TRIPOD DATA VALIDATION MODEL
2.6 MULTIVARIATE MODELLING
2.7 U.S. COMPONENT LIFELINE CURVE
2.8 EUROPE COMPONENT LIFELINE CURVE
2.9 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.1 DBMR MARKET POSITION GRID
2.11 SECONDARY SOURCES
2.12 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PORTERS FIVE FORCE ANALYSIS
5 PREMIUM INSIGHTS
6 MARKET OVERVIEW
6.1 DRIVERS
6.1.1 INITIATION OF SECURE CLOUD COMPUTING PLATFORM
6.1.2 GROWING DEMAND FOR DEVELOPING INDUSTRIES
6.1.3 RISING AWARENESS OF PREVENTIVE AND PREDICTIVE MAINTENANCE FOR ASSETS AND MACHINERY
6.1.4 ACCEPTANCE OF WIRELESS TECHNOLOGIES IN MACHINE CONDITION MONITORING
6.1.5 GROWING IMPLEMENTATION OF AUTOMATION TECHNOLOGIES
6.2 RESTRAINTS
6.2.1 REQUIREMENT OF HIGH CAPITAL EXPENDITURE AND MAINTENANCE WITH RETROFITS
6.2.2 EXISTENCE OF COMPLEX TOOLS AND TECHNOLOGIES
6.3 OPPORTUNITIES
6.3.1 INCREASE IN THE STRATEGIC DECISIONS INCLUDING PARTNERSHIPS AND COLLABORATIONS
6.3.2 ADVENT OF BIG DATA ANALYTICS AND MACHINE LEARNING IN CONDITION MONITORING
6.4 CHALLENGES
6.4.1 ISSUES IN DEVELOPING ACCURATE AND RELIABLE EUIPMENT TO MEASURE KEY PARAMETERS
6.4.2 INAVAILABILITY OF TRAINED EXPERTS FOR DATA ANALYTICS
7 COVID-19 IMPACT ON THE U.S. MACHINE CONDITION MONITORING MARKET
7.1 AFTERMATH OF THE NETWORK INDUSTRY AND GOVERNMENT ROLE
7.2 STRATEGIC DECISIONS FOR MARKET PLAYERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE
7.3 IMPACT ON DEMAND & SUPPLY CHAIN
7.4 CONCLUSION
8 EUROPE & U.S. MACHINE CONDITION MONITORING MARKET, BY COMPONENT
8.1 OVERVIEW
8.2 HARDWARE
8.2.1 TYPE
8.2.1.1 VIBRATION SENSORS & ANALYZERS
8.2.1.1.1 TYPE
8.2.1.1.1.1 Accelerometers
8.2.1.1.1.2 Tachometers
8.2.1.1.1.3 Proximity Probes
8.2.1.2 INFRARED SENSORS
8.2.1.2.1 TYPE
8.2.1.2.1.1 Quantum Infrared Sensor
8.2.1.2.1.2 Thermal Infrared Sensor
8.2.1.3 SPECTRUM ANALYZERS
8.2.1.3.1 TYPE
8.2.1.3.1.1 Real Time Spectrum Analyzers
8.2.1.3.1.2 Swept Time Spectrum Analyzers
8.2.1.4 SPECTROMETERS
8.2.1.4.1 TYPE
8.2.1.4.1.1 Infrared Spectrometer
8.2.1.4.1.2 Ultraviolet Spectrometer
8.2.1.4.1.3 Atomic Spectrometer
8.2.1.4.1.4 Mass Spectrometer
8.2.1.5 ULTRASONIC DETECTOR
8.2.1.5.1 TYPE
8.2.1.5.1.1 Ultrasonic Leak Detector
8.2.1.5.1.2 Stethoscopes
8.2.1.5.1.3 Sound Pressure Meter
8.2.1.6 CORROSION PROBES
8.2.1.7 OTHERS
8.3 SOFTWARE
8.3.1 TYPE
8.3.1.1 Diagnostic Reporting
8.3.1.2 Data Integration
8.3.1.3 Order Tracking Analysis
8.3.1.4 Parameter Calculation
9 U.S. & EUROPE MACHINE CONIDITION MONMARKET, BY MONITORING TYPE
9.1 OVERVIEW
9.2 FIXED MONITORING SYSTEM
9.3 PORTABLE MONITORING SYSTEM
10 U.S. & EUROPE MACHINE CONIDITION MONMARKET, BY MONITORING TECHNIQUE
10.1 OVERVIEW
10.2 VIBRATION MONITORING
10.3 THERMOGRAPHY
10.4 OIL ANALYSIS
10.5 CORROSION MONITORING
10.6 ULTRASOUND EMISSION MONITORING
10.7 MOTOR CURRENT SIGNATURE ANALYSIS
11 U.S. & EUROPE MACHINE CONDITION MONITORING MARKET, BY INDUSTRY
11.1 OVERVIEW
11.2 OIL & GAS
11.3 POWER GENERATION
11.4 AUTOMOTIVE
11.4.1 TYPE
11.4.1.1 Passenger Vehicle
11.4.1.2 Commercial Vehicle
11.4.1.3 Electric Vehicle
11.5 CHEMICAL
11.6 MARINE
11.7 AEROSPACE
11.7.1 TYPE
11.7.1.1 Commercial and General Aviation
11.7.1.2 Military Aircraft
11.7.1.3 Space System
11.8 METAL & MINING
11.9 CONSTRUCTION
11.1 HEALTHCARE
11.11 AGRICULTURE
11.12 FOOD & BEVERAGES
11.13 SEMICONDUCTOR & ELECTRONICS
11.14 PAPER & PULP
11.15 OTHERS
12 EUROPE & U.S. MACHINE CONDITION MONITORING MARKET, BY DEPLOYMENT MODE
12.1 OVERVIEW
12.2 ON-PREMISE
12.3 CLOUD
13 U.S. & EUROPE MACHINE CONIDITION MONMARKET, BY APPLICATION
13.1 OVERVIEW
13.2 FACILITY MAINTENANCE
13.3 MAINTENANCE
13.4 PRODUCTION / MANUFACTURING
13.5 QUALITY ASSURANCE
14 U.S. MACHINE CONDITION MONITORING MARKET, COMPANY LANDSCAPE
14.1 COMPANY SHARE ANALYSIS: U.S
15 SWOT ANALYSIS
16 COAMPNY PROFILE
16.1 3D SIGNALS
16.1.1 COMPANY SNAPSHOT
16.1.2 PRODUCT PORTFOLIO
16.1.3 RECENT DEVELOPMENTS
16.2 ALS LIMITED
16.3 COMPANY SNAPSHOT
16.3.1 REVENUE ANALYSIS
16.3.2 PRODUCT PORTFOLIO
16.3.3 RECENT DEVELOPMENT
16.4 EMERSON ELECTRIC CO.
16.4.1 COMPANY SNAPSHOT
16.4.2 REVENUE ANALYSIS
16.4.3 PRODUCT PORTFOLIO
16.4.4 RECENT DEVELOPMENTS
16.5 FLUKE CORPORATION (A SUBSIDIARY OF FORTIVE)
16.5.1 COMPANY SNAPSHOT
16.5.2 REVENUE ANALYSIS
16.5.3 PRODUCT PORTFOLIO
16.5.4 RECENT DEVELOPMENT
16.6 HONEYWELL (A SUBSIDIARY OF HONEYWELL INTERNATIONAL INC.)
16.6.1 COMPANY SNAPSHOT
16.6.2 REVENUE ANALYSIS
16.6.3 PRODUCT PORTFOLIO
16.6.4 RECENT DEVELOPMENTS
16.7 LOGILUBE, LLC
16.7.1 COMPANY SNAPSHOT
16.7.2 PRODUCT PORTFOLIO
16.7.3 RECENT DEVELOPMENTS
16.8 MACHINE SAVER
16.8.1 COMPANY SNAPSHOT
16.8.2 PRODUCT PORTFOLIO
16.8.3 RECENT DEVELOPMENT
16.9 MEGGITT PLC
16.9.1 COMPANY SNAPSHOT
16.9.2 REVENUE ANALYSIS
16.9.3 PRODUCT PORTFOLIO
16.9.4 RECENT DEVELOPMENTS
16.1 NATIONAL INSTRUMENTS CORP.
16.10.1 COMPANY SNAPSHOT
16.10.2 REVENUE ANALYSIS
16.10.3 PRODUCT PORTFOLIO
16.10.4 RECENT DEVELOPMENTS
16.11 PARKER HANNIFIN CORP
16.11.1 COMPANY SNAPSHOT
16.11.2 REVENUE ANALYSIS
16.11.3 PRODUCT PORTFOLIO
16.11.4 RECENT DEVELOPMENTS
16.12 ROCKWELL AUTOMATION, INC.
16.12.1 COMPANY SNAPSHOT
16.12.2 REVENUE ANALYSIS
16.12.3 PRODUCT PORTFOLIO
16.12.4 RECENT DEVELOPMENTS
16.13 SENSEYE LTD
16.13.1 COMPANY SNAPSHOT
16.13.2 SOLUTION PORTFOLIO
16.13.3 RECENT DEVELOPMENT
16.14 SKF GROUP
16.14.1 COMPANY SNAPSHOT
16.14.2 REVENUE ANALYSIS
16.14.3 PRODUCT PORTFOLIO
16.14.4 RECENT DEVELOPMENTS
16.15 SPM INSTRUMENT AB
16.15.1 COMPANY SNAPSHOT
16.15.2 PRODUCT PORTFOLIO
16.15.3 RECENT DEVELOPMENTS
16.16 SYMPHONY AZIMAAI
16.16.1 COMPANY SNAPSHOT
16.16.2 SOLUTION PORTFOLIO
16.16.3 RECENT DEVELOPMENTS
17 QUESTIONNAIRE
18 RELATED REPORTS
List of Table
LIST OF TABLES
TABLE 1 EUROPE MACHINE CONDITION MONITORING MARKET, BY COMPONENT, 2019-2028 (USD MILLION)
TABLE 1 U.S. MACHINE CONDITION MONITORING MARKET, BY COMPONENT, 2019-2028 (USD MILLION)
TABLE 2 EUROPE HARDWARE IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 3 U.S. HARDWARE IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 4 U.S. VIBRATION SENSORS & ANALYZERS IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 5 EUROPE VIBRATION SENSORS & ANALYZERS IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 6 U.S. INFRARED SENSOR IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 7 EUROPE INFRARED SENSOR IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 8 U.S. SPECTRUM ANALYZERS IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 9 EUROPE SPECTRUM ANALYZERS IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 10 EUROPE SPECTROMETER IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 11 U.S. SPECTROMETER IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 12 U.S. ULTRASOUND DETECTORS IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 13 EUROPE ULTRASOUND DETECTORS IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 14 U.S. SOFTWARE IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 15 EUROPE SOFTWARE IN MACHINE CONDITION MONITORING MARKET, BY TYPE, 2019-2028 (USD MILLION)
TABLE 16 U.S. MACHINE CONDITION MONITORING MARKET, BY MONITORINGTYPE, 2019-2028 (USD MILLION)
TABLE 17 EUROPE MACHINE CONDITION MONITORING MARKET, BY MONITORINGTYPE, 2019-2028 (USD MILLION)
TABLE 18 EUROPE MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2019-2028 (USD MILLION)
TABLE 19 EUROPE MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2019-2028 (USD MILLION)
TABLE 20 U.S. MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2019-2028 (USD MILLION)
TABLE 21 U.S. AUTOMOTIVE IN MACHINE CONDITION MONITORING MARKET, BY VEHICLE TYPE, 2019-2028 (USD MILLION)
TABLE 22 EUROPE AUTOMOTIVE IN MACHINE CONDITION MONITORING MARKET, BY VEHICLE TYPE, 2019-2028 (USD MILLION)
TABLE 23 U.S. IN AEROSPACE IN MACHINE CONDITION MONITORING MARKET, BY VEHICLE TYPE, 2019-2028 (USD MILLION)
TABLE 24 EUROPE IN AEROSPACE IN MACHINE CONDITION MONITORING MARKET, BY VEHICLE TYPE, 2019-2028 (USD MILLION)
TABLE 25 EUROPE MACHINE CONDITION MONITORING MARKET, BY COMPONENT, 2020-2028 (USD MILLION)
TABLE 26 U.S. MACHINE CONDITION MONITORING MARKET, BY COMPONENT, 2020-2028 (USD MILLION)
TABLE 27 U.S. MACHINE CONDITION MONITORING MARKET, BY MONITORINGTYPE, 2021-2028 (USD MILLION)
TABLE 28 EUROPE MACHINE CONDITION MONITORING MARKET, BY APPLICATION, 2021-2028 (USD MILLION)
List of Figure
LIST OF FIGURES
FIGURE 1 U.S. MACHINE CONDITION MONITORING MARKET: SEGMENTATION
FIGURE 2 U.S. MACHINE CONDITION MONITORING MARKET: DATA TRIANGULATION
FIGURE 3 U.S. MACHINE CONDITION MONITORING MARKET: DROC ANALYSIS
FIGURE 4 U.S. MACHINE CONDITION MONITORING MARKET: REGIONAL VS COUNTRY MARKET ANALYSIS
FIGURE 5 EUROPE MACHINE CONDITION MONITORING MARKET: REGIONAL VS COUNTRY MARKET ANALYSIS
FIGURE 6 U.S. MACHINE CONDITION MONITORING MARKET: COMPANY RESEARCH ANALYSIS
FIGURE 7 U.S. MACHINE CONDITION MONITORING MARKET: INTERVIEW DEMOGRAPHICS
FIGURE 8 U.S. MACHINE CONDITION MONITORING MARKET: DBMR MARKET POSITION GRID
FIGURE 9 U.S. MACHINE CONDITION MONITORING MARKET: SEGMENTATION
FIGURE 10 INITIATION OF SECURE CLOUD COMPUTING PLATFORM IS EXPECTED TO DRIVE THE EUROPE MACHINE CONDITION MONITORING MARKET IN THE FORECAST PERIOD OF 2021 TO 2028
FIGURE 11 INITIATION OF SECURE CLOUD COMPUTING PLATFORM IS EXPECTED TO DRIVE U.S. MACHINE CONDITION MONITORING MARKET IN THE FORECAST PERIOD OF 2021 TO 2028
FIGURE 12 HARDWARE SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE U.S. MACHINE CONDITION MONITORING MARKET IN 2021 & 2028
FIGURE 13 HARDWARE SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF EUROPE MACHINE CONDITION MONITORING MARKET IN 2021 & 2028
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES OF U.S. MACHINE CONDITION MONITORING MARKET
FIGURE 15 U.S. MACHINE CONDITION MONITORING MARKET: BY COMPONENT, 2020
FIGURE 16 EUROPE MACHINE CONDITION MONITORING MARKET: BY COMPONENT, 2020
FIGURE 17 EUROPE MACHINE CONDITION MONITORING MARKET: BY MONITORING TYPE, 2020
FIGURE 18 U.S. MACHINE CONDITION MONITORING MARKET: BY MONITORING TYPE, 2020
FIGURE 19 EUROPE MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020
FIGURE 20 U.S.MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020
FIGURE 21 U.S. EUROPE MACHINE CONDITION MONITORING MARKET: BY INDUSTRY, 2020
FIGURE 22 EUROPE MACHINE CONDITION MONITORING MARKET: BY INDUSTRY, 2020
FIGURE 23 EUROPE MACHINE CONDITION MONITORING MARKET: BY DEPLOYMENT MODE, 2020
FIGURE 24 U.S. MACHINE CONDITION MONITORING MARKET: BY DEPLOYMENT MODE, 2020
FIGURE 25 U.S. & EUROPE MACHINE CONDITION MONITORING MARKET: BY APPLICATION, 2020
FIGURE 26 U.S. MACHINE CONDITION MONITORING MARKET: COMPANY SHARE 2020 (%)