Table of Content


1. Introduction
1.1 Market Definition
1.2 Market Ecosystem
1.3 Currency and Limitations
1.3.1 Currency
1.3.2 Limitations
1.4 Key Stakeholders

2. Research Methodology
2.1 Research Approach
2.2 Data Collection & Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.3 Market Assessment
2.3.1 Market Size Estimation
2.3.2 Bottom-up Approach
2.3.3 Top-down Approach
2.3.4 Growth forecast
2.4 Assumptions for the Study

3. Executive Summary
3.1 Overview
3.2 Market Analysis, by Component
3.3 Market Analysis, by Deployment Mode
3.4 Market Analysis, by Monitoring Process
3.5 Market Analysis, by Monitoring Technique
3.6 Market Analysis, by End-use Industry
3.7 Market Analysis, by Geography
3.8 Competitive Analysis

4. Impact of the COVID-19 Pandemic on the Machine Condition Monitoring Market

5. Market Insights
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising adoption of industry 4.0 technologies
5.2.1.2 Increasing awareness about the importance of predictive maintenance
5.2.1.3 Growing use of big data analytics in asset monitoring
5.2.2 Restraints
5.2.2.1 Shortage of technical expertise
5.2.3 Opportunities
5.2.3.1 Increasing automation across industries
5.2.3.2 Rising focus on reducing human intervention in predictive maintenance
5.2.4 Challenges
5.2.4.1 High cost & complexities of integration machine monitoring systems with existing infrastructure
5.2.5 Trends
5.2.5.1 Market Trends
5.2.5.1.1 Growing prevalence of third-party condition monitoring
5.2.5.1.2 Use of machine condition monitoring for cold chain logistics
5.2.5.2 Technology Trends
5.2.5.2.1 Growing inclination towards vibration monitoring
5.2.5.2.2 Use of AI in condition monitoring

6. Machine Condition Monitoring Market, by Component
6.1 Introduction
6.2 Hardware
6.2.1 Sensors
6.2.2 Analyzers
6.2.2 Other Hardware
6.3 Software
6.4 Services

7. Machine Condition Monitoring Market, by Deployment Mode
7.1. Introduction
7.2. On-premise deployment
7.3. Cloud-based deployment

8. Machine Condition Monitoring Market, by Monitoring Process
8.1. Introduction
8.2. Online Moitoring
8.3. Portable Monitoring

9. Machine Condition Monitoring Market, by Monitoring Technique
9.1. Introduction
9.2. Vibration Monitoring
9.3. Corrosion Monitoring
9.4 Thermography
9.5 Oil Analysis
9.6 Ultrasound Monitoring
9.7 Other Monitoring Techniques

10. Machine Condition Monitoring Market, by End-use Industry
10.1. Introduction
10.2. Manufacturing
10.3 Healthcare
10.4 Energy & Utility
10.5 Aerospace
10.6 Telecom
10.7 Agriculture
10.8 Oil & Gas
10.9 Transportation & Logistics
10.10 Other Industry Vertical
10.11 Other End-use Industries

11. Machine Condition Monitoring Market, by Geography
11.1 North America
11.1.1 U.S.
11.1.2 Canada
11.2 Europe
11.2.1 U.K.
11.2.2 Germany
11.2.3 France
11.2.4 Italy
11.2.5 Spain
11.2.6 Rest of Europe
11.3 Asia-Pacific
11.3.1 China
11.3.2 South Korea
11.3.3 India
11.3.4 Japan
11.3.6 Singapore
11.3.7 Rest of Asia-Pacific
11.4 Latin America
11.5 Middle East & Africa

12. Machine Condition Monitoring Market-Competitive Landscape
12.1. Introduction
12.2. Key Growth Strategies
12.3. Competitive Dashboard
12.3.1. Industry Leader
12.3.2. Market Differentiators
12.3.3. Vanguards
12.3.4. Contemporary Stalwarts
12.4. Vendor Market Positioning
12.5. Market Share Analysis

13. Company Profiles
13.1. General Electric Company
13.2. AB SKF
13.3. Wilcoxon Sensing Technologies
13.4. Emerson Electric Co.
13.5. ALS Limited
13.6. Honeywell International Inc.
13.7. Parker-Hannifin Corp
13.8. Rockwell Automation Inc.
13.9. ifm electronic gmbh
13.10. Schaeffler AG
13.11. Baker Hughes Company
13.12. Analog Devices, Inc.
13.13. Fluke Corporation
13.14. Meggitt PLC.
13.15. National Instruments Corporation

14. Appendix
14.1 Questionnaire
14.2 Available Customization



List of Figures


List of Figures

Figure 1 Research Process
Figure 2 Primary Research Techniques
Figure 3 Key Executives Interviewed
Figure 4 Breakdowns of Primary Interviews (Supply Side & Demand Side)
Figure 5 Market Sizing and Growth Forecast Approach
Figure 6 Key Insights
Figure 7 Software Segment Expected to Dominate the Machine Condition Monitoring Market, by Component (2022-2029)
Figure 8 Cloud-Based Deployment Segment Expected to Dominate the Machine Condition Monitoring Market, by Deployment Type (2022-2029)
Figure 9 Online Monitoring Segment Expected to Dominate the Machine Condition Monitoring Market, by Monitoring Process (2022-2029)
Figure 10 Vibration Monitoring Segment Expected to Dominate the Machine Condition Monitoring Market, by Monitoring Technique (2022-2029)
Figure 11 Manufacturing Segment Expected to Dominate the Machine Condition Monitoring Market, by End-use Industry (2022-2029)
Figure 12 Machine Condition Monitoring Market, By Region (2022-2029)
Figure 13 Major Aims of Adopting Preventive Maintenance
Figure 14 Global Machine Condition Monitoring Market Size, by Component, 2021–2029 (USD Million)
Figure 15 Global Machine Condition Monitoring Market Size, by Deployment Mode, 2021–2029 (USD Million)
Figure 16 Global Machine Condition Monitoring Market Size, by Monitoring Process, 2021–2029 (USD Million)
Figure 17 Global Machine Condition Monitoring Market Size, by Monitoring Technique, 2021–2029 (USD Million)
Figure 18 Global Machine Condition Monitoring Market Size, by End-use Industry, 2021–2029 (USD Million)
Figure 19 Global Machine Condition Monitoring Market Size, by Region, 2021–2029 (USD Million)
Figure 20 Geographic Snapshot: Asia-Pacific Machine Condition Monitoring Market
Figure 21 Geographic Snapshot: Europe Machine Condition Monitoring Market
Figure 22 Geographic Snapshot: North America Machine Condition Monitoring Market
Figure 23 Competitive Dashboard: Machine Condition Monitoring Market
Figure 24 Vendor Market Positioning Analysis, (2020-2022)
Figure 25 Schaeffler AG (Germany): Financial Overview
Figure 26 Baker Hughes Company (U.S.): Financial Overview
Figure 27 Analog Devices, Inc. (U.S.): Financial Overview
Figure 28 Fluke Corporation (U.S.) (a part of Fortive Corporation): Financial Overview
Figure 29 Meggitt PLC. (U.K.): Financial Overview
Figure 30 National Instruments Corp. (U.S.): Financial Overview
Figure 31 Honeywell International Inc. (U.S.): Financial Overview
Figure 32 Rockwell Automation Inc. (U.S.): Financial Overview
Figure 33 General Electric Company (U.S.): Financial Overview
Figure 34 Amphenol Corporation (U.S.): Financial Overview
Figure 35 Emerson Electric Co. (U.S.): Financial Overview
Figure 36 ALS Limited (Australia): Financial Overview
Figure 37 Parker-Hannifin Corp (U.S.): Financial Overview