Analysis of the Global Condition Monitoring Equipment Market 2015 to 2019, with 2014 as the Base Year

DUBLIN, April 15, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/d7ppmx/analysis_of_the) has announced the addition of the "Analysis of the Global Condition Monitoring Equipment Market" report to their offering.

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The condition monitoring equipment market is going through a difficult phase. Growing concerns about the global economy, turbulent oil prices, and geopolitical factors are challenging the market. Despite these challenges, pockets of opportunities across the industry have helped sustain the market. This assessment of the global condition monitoring equipment market in 2014 covers vibration condition monitoring equipment, lubricating oil analysis equipment, and thermography equipment. This report identifies key opportunities for growth while detailing key challenges and possible threats. The forecast period is from 2015 to 2019, with 2014 as the base year.

After a strong recovery in 2010 and continued growth in 2011, the global condition monitoring equipment market experienced difficulties in 2012 and 2013. Demand for new condition monitoring equipment remained mostly flat, with Europe as a particularly challenging market for equipment vendors; however, stability in North America and encouraging signs in Asia-Pacific (APAC) point to a stronger performance throughout the forecast period.

Condition monitoring equipment has been used for several decades to maximize performance from asset investments, attaining greater productivity and enhancing savings. In the past, condition monitoring equipment was viewed as a complex and expensive maintenance solution that was suitable only for monitoring highly critical rotating machinery.

Improved and advanced technology, however, has made predictive maintenance more widely accepted and available to the masses. Over the past decade, condition monitoring solutions have become more affordable and have progressed greatly in terms of usability and diagnostic capability.

Key Topics Covered:

1. Executive Summary

2. Market Overview

3. Drivers and Restraints- Total Condition Monitoring Equipment Market

4. Forecasts and Trends- Total Condition Monitoring Equipment Market

5. Market Share and Competitive Analysis- Total Condition Monitoring Equipment Market

6. Mega Trends and Industry Convergence Implications

7. Vibration Condition Monitoring Equipment Segment Analysis

8. Lubricating Oil Analysis Equipment Segment Analysis

9. Thermography Equipment Segment Analysis

10. The Last Word

11. Appendix

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SOURCE Research and Markets