Machine Condition Monitoring Equipment Market Estimates and Forecasts, 2016-2024 - Technology Innovations to Support Long-Term Growth in the Market
DUBLIN, Sept. 17, 2018 /PRNewswire/ --
The "Machine Condition Monitoring Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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)
- The United States (51)
- Canada (5)
- Japan (5)
- Europe (58)
- France (5)
- Germany (14)
- The United Kingdom (23)
- Italy (1)
- Spain (1)
- Rest of Europe (14)
- Asia-Pacific (Excluding Japan) (3)
- Africa (1)
For more information about this report visit
https://www.researchandmarkets.com/research/xpt87b/machine_condition?w=5
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