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Machine Condition Monitoring (CM) Market Size, 2021 | Industry Report

Machine Condition Monitoring Market Research Report 2021

Report ID: MN17615038  |  Published: August 2017  |  No of Pages: 107
Format: Electronic (PDF)  |  Industry: Industrial Automation  |  Publisher: QY Research

Condition monitoring [also known as CM]is the procedure of observing the parameters of condition in machinery like vibration or temperature. It is required to be done to recognize important variations taking place in the machine, which are the indicatives of an increasing fault. It is a major component of predictive maintenance. The procedure of condition monitoring permits scheduling for the maintenance of the machine and any other activities to be done to avoid likely breakdown and evade its repercussions. Condition monitoring methods are generally used on rotating equipment like pumps, electric motors, and the other machineries like internal combustion engines, presses etc. To check the condition of the stationery machinery like steam boilers, heat exchangers and piping’s the nondestructive testing method is used.

By monitoring type, (standards as per The issues that are pushing the development of the market comprise the growing usage of wireless communication machinery, development in the HVAC methods market, increasing tendency of smart factory or Industry. The changeover from protective to predictive maintenance. The aim of the statement is to offer a full study report of the machine condition monitoring market, created on the monitoring type, manufacturing type, monitoring procedure, and topography. The investigation procedure used for the assessment and prediction of the machine condition monitoring market starts with gaining the information on important vendor’s income. Like American Petroleum Institute (API), International Organization for Standardization (ISO), Association for Asset Management Professional (U.S.), and important company’s circulars and whitepaper’s.

The machine condition monitoring environmentincludes components suppliers, OEMs, system integrators, software suppliers, and distributers. The companies involved in the progress of machine condition monitoring methods include General Electric, Emerson Electric Co., SKF AB, National Instruments Corp., and Honeywell International Inc... The American Petroleum Institute (API), American Society for Testing and Materials (ASTM), International Organization for Standardization (ISO), and Machinery Information Management Open System Alliance (MIMOSA) are amongst the main controlling standards for machine condition monitoring systems.

The international machine condition monitoring market segmented on the source of monitoring type, contribution, manufacturing type, monitoring method, and topography. Machine Condition Monitoring Market, by Monitoring Type comprises MCSA, Ultrasound Emission, Lubricating Oil Analysis, Corrosion Monitoring, Vibration Monitoring, Thermography. Machine Condition Monitoring Market, by Contribution comprises Spectrum Analyzers, Ultrasound Detectors, Software, Spectrometers, Infrared Sensors, Vibration Sensors, Corrosion Probes, and Hardware

Machine Condition Monitoring Market, by Manufacturing type comprises Marine, Aerospace and Defense, Automotive, Chemicals, Metals and Mining, Energy and Power, Oil and Natural Gas, Food and Beverages. Machine Condition Monitoring Market, by Monitoring Method comprises Moveable Condition Monitoring and Virtual Condition Monitoring. Machine Condition Monitoring Market, by Topography comprises North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW).  The positive financial situations in the U.S. and progresses in predictive maintenance know-hows are cheering the companies in North America to organize the machine condition monitoring equipment in normal operations. The development of the market can be partially credited to the occurrence of a huge number of machine condition monitoring system suppliers in the area.

Market Segment:

This report studies sales (consumption) of Machine Condition Monitoring in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering
• Emerson Electric
• General Electric
• Honeywell
• National Instruments
• Rockwell Automation
• Azima DLI
• Bruel & Kjaer Sound and Vibration Measurement
• DLI Engineering
• FLIR Systems
• Fluke
• Motion Industries
• Parker-Hannifin
• PCB Piezotronics
• PDS Condition Monitoring Services
• Rohrback Cosasco
• Saj Engineering & Trading Company
• Scientific Monitoring
• Shinkawa
• SPM Instrument
• Timken
• W.W. Grainger

Market Segment by Regions, this report splits Global into several key Regions, with sales (consumption), revenue, market share and growth rate of Machine Condition Monitoring in these regions, from 2011 to 2021 (forecast), like
• North America
• China
• Europe
• Japan
• Southeast Asia
• India

Split by product types, with sales, revenue, price, market share and growth rate of each type, can be divided into
• Type I
• Type II
• Type III

Split by applications, this report focuses on sales, market share and growth rate of Machine Condition Monitoring in each application, can be divided into
• Application 1
• Application 2
• Application 3

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Ryan Manuel
Ryan Manuel

Research Support Specialist, USA

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