MRO Magazine

Research and Markets: Machine Condition Monitoring Market by Monitoring Type, Components, Monitoring Process, Applications, and Geography – Global Trend & Forecast to 2020


November 23, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/wfqzc9/machine_condition) has announced the addition of the “Machine Condition Monitoring Market by Monitoring Type, Components, Monitoring Process, Applications, and Geography – Global Trend & Forecast to 2020” report to their offering.

The global machine condition monitoring equipment market is expected to grow at a CAGR of 7.6% between 2015 and 2020 from USD 1,544.0 Million in 2014 to USD 2.45 Billion by 2020

This report on machine condition monitoring analyzes the machine health monitoring value chain, giving a very clear insight of all major and supporting segments to the industry. The market has been segmented by monitoring type, component, monitoring process and different application areas along with market size projections in terms of value.

This report also analyzes the current market trends and technologies in the condition monitoring equipment market along with an in-depth study of market dynamics such as drivers, restraints, and opportunities and challenges.

The report also identifies drivers, restraints, opportunities, current market trends, and burning issues of the global machine condition monitoring equipment market. Apart from the market segmentation, the report also includes the critical market data and qualitative information for each products type along with qualitative analysis such as Porter’s five force analysis, market timeline analysis, market investment analysis, industry breakdown analysis, and value chain analysis.

The machine condition monitoring market report highlights key technological developments in recent times which are pushing the adoption of machine health monitoring in predictive maintenance. It also profiles some of the leading players in these markets and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key players.

Major players in the machine condition monitoring equipment market are Azima DLI Corp. (U.S.), Bruel & Kjaer Sound & Vibration Measurement A/S (Denmark), Emerson Process Management (U.S.), General Electric Company (U.S.), Honeywell International, Inc. (U.S.), Parker Hannifin (U.S.), National Instruments Corporation (U.S.), Rockwell Automation, Inc. (U.S.), SKF (Sweden), and FlIR Systems (U.S.).

For more information visit http://www.researchandmarkets.com/research/wfqzc9/machine_condition

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Machinery and Parts , Machinery and Parts