Table of Content


1 INTRODUCTION (Page No. - 37)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS AND EXCLUSIONS 
    1.4 MARKETS COVERED 
           FIGURE 1 MACHINE CONDITION MONITORING MARKET SEGMENTATION
           1.4.1 REGIONAL SCOPE
                    FIGURE 2 MACHINE CONDITION MONITORING MARKET: REGIONAL SCOPE
           1.4.2 YEARS CONSIDERED
    1.5 CURRENCY CONSIDERED 
    1.6 STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
    1.8 RECESSION IMPACT 
2 RESEARCH METHODOLOGY (Page No. - 43)
    2.1 RESEARCH DATA 
           FIGURE 3 MACHINE CONDITION MONITORING MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY AND PRIMARY RESEARCH
           FIGURE 4 MACHINE CONDITION MONITORING MARKET: RESEARCH APPROACH
           2.1.2 SECONDARY DATA
                    2.1.2.1 List of major secondary sources
                    2.1.2.2 Key data from secondary sources
           2.1.3 PRIMARY DATA
                    2.1.3.1 List of participants in primary interviews
                    2.1.3.2 Key data from primary sources
                    2.1.3.3 Key industry insights
                    2.1.3.4 Breakdown of primaries
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 TOP-DOWN APPROACH
                    2.2.1.1 Estimation of market size using top-down approach
                               FIGURE 5 MACHINE CONDITION MONITORING MARKET: TOP-DOWN APPROACH
           2.2.2 BOTTOM-UP APPROACH
                    2.2.2.1 Estimation of market size using bottom-up approach
                               FIGURE 6 MACHINE CONDITION MONITORING MARKET: BOTTOM-UP APPROACH
                               FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS
    2.3 DATA TRIANGULATION 
           FIGURE 8 DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS 
           FIGURE 9 RESEARCH ASSUMPTIONS
    2.5 RESEARCH LIMITATIONS 
    2.6 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON MACHINE CONDITION MONITORING MARKET 
    2.7 RISK ASSESSMENT 
           TABLE 1 RISK ANALYSIS
3 EXECUTIVE SUMMARY (Page No. - 55)
    FIGURE 10 MACHINE CONDITION MONITORING MARKET, 2020–2029 (USD BILLION)
    FIGURE 11 ONLINE MACHINE CONDITION MONITORING SYSTEMS TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD
    FIGURE 12 VIBRATION MONITORING TECHNIQUE TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
    FIGURE 13 POWER GENERATION INDUSTRY TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
    FIGURE 14 NORTH AMERICA DOMINATED GLOBAL MACHINE CONDITION MONITORING MARKET IN 2023
4 PREMIUM INSIGHTS (Page No. - 60)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MACHINE CONDITION MONITORING MARKET 
           FIGURE 15 GROWING DEMAND FROM AUTOMOTIVE AND AEROSPACE INDUSTRIES TO DRIVE MARKET
    4.2 MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE 
           FIGURE 16 VIBRATION MONITORING TECHNIQUE TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029
    4.3 MACHINE CONDITION MONITORING MARKET, BY INDUSTRY 
           FIGURE 17 POWER GENERATION INDUSTRY TO CAPTURE LARGEST MARKET SHARE IN 2029
    4.4 MACHINE CONDITION MONITORING MARKET IN NORTH AMERICA, BY INDUSTRY AND COUNTRY 
           FIGURE 18 POWER GENERATION INDUSTRY AND US TO HOLD LARGEST SHARE OF NORTH AMERICAN MACHINE CONDITION MONITORING MARKET IN 2029
    4.5 MACHINE CONDITION MONITORING MARKET, BY COUNTRY 
           FIGURE 19 INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL MACHINE CONDITION MONITORING MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 64)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 20 GLOBAL MACHINE CONDITION MONITORING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Increasing utilization of wireless sensor networks in industrial plants
                    5.2.1.2 Elevating demand for predictive maintenance techniques to reduce unexpected breakdowns
                    5.2.1.3 Rising number of smart factories worldwide
                    5.2.1.4 Increasing awareness about benefits of machine condition monitoring technology adoption
                               FIGURE 21 MACHINE CONDITION MONITORING MARKET: IMPACT ANALYSIS OF DRIVERS
           5.2.2 RESTRAINTS
                    5.2.2.1 High cost of integrating machine condition monitoring systems with machine maintenance systems
                               FIGURE 22 MACHINE CONDITION MONITORING MARKET: IMPACT ANALYSIS OF RESTRAINTS
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Integration of big data analytics and machine learning into machine condition monitoring
                    5.2.3.2 Advent of secured cloud computing platform
                    5.2.3.3 Integration of IIoT systems with existing manufacturing systems
                               FIGURE 23 MACHINE CONDITION MONITORING MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
           5.2.4 CHALLENGES
                    5.2.4.1 Unavailability of technical expertise at remote locations
                    5.2.4.2 Additional costs associated with retrofitting existing systems
                               FIGURE 24 MACHINE CONDITION MONITORING MARKET: IMPACT ANALYSIS OF CHALLENGES
    5.3 VALUE CHAIN ANALYSIS 
           FIGURE 25 MACHINE CONDITION MONITORING VALUE CHAIN
    5.4 ECOSYSTEM ANALYSIS 
           FIGURE 26 ECOSYSTEM MAPPING
           TABLE 2 KEY COMPANIES AND THEIR ROLE IN ECOSYSTEM
    5.5 PRICING ANALYSIS 
           5.5.1 AVERAGE SELLING PRICE TREND OF MACHINE CONDITION MONITORING SYSTEM
                    FIGURE 27 AVERAGE SELLING PRICE OF MACHINE CONDITION MONITORING SYSTEM, 2019–2023
           5.5.2 AVERAGE SELLING PRICE OF VIBRATION SENSORS PROVIDED BY KEY PLAYERS
                    FIGURE 28 AVERAGE SELLING PRICE TREND OF VIBRATION SENSORS, BY KEY PLAYER
                    TABLE 3 AVERAGE SELLING PRICE OF VIBRATION SENSORS OFFERED BY KEY PLAYERS
                    TABLE 4 AVERAGE SELLING PRICES OF MACHINE CONDITION MONITORING HARDWARE EQUIPMENT
           5.5.3 AVERAGE SELLING PRICE TREND, BY REGION
                    TABLE 5 AVERAGE SELLING PRICE OF MACHINE CONDITION MONITORING SYSTEM, BY REGION
    5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
           FIGURE 29 TRENDS INFLUENCING CUSTOMER BUSINESS
    5.7 TECHNOLOGY ANALYSIS 
           5.7.1 INTERNET OF THINGS (IOT)
                    FIGURE 30 UTILIZATION OF IOT PLATFORMS BY CONDITION MONITORING SYSTEM USERS
           5.7.2 CLOUD COMPUTING TECHNOLOGY
                    FIGURE 31 ADVANTAGES OF CLOUD-BASED MACHINE CONDITION MONITORING
                    FIGURE 32 INDUSTRIAL DEVELOPMENT MODEL
           5.7.3 MULTI-PARAMETER CONDITION MONITORING
           5.7.4 CLOUD-BASED PREDICTIVE MAINTENANCE (MAINTENANCE–AS–A–SERVICE)
                    FIGURE 33 DATA EXCHANGE IN CLOUD-BASED MAINTENANCE FRAMEWORK
    5.8 PORTER’S FIVE FORCES ANALYSIS 
           TABLE 6 MACHINE CONDITION MONITORING MARKET: PORTER’S FIVE FORCES ANALYSIS
           FIGURE 34 MACHINE CONDITION MONITORING MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.8.1 BARGAINING POWER OF SUPPLIERS
           5.8.2 BARGAINING POWER OF BUYERS
           5.8.3 THREAT OF NEW ENTRANTS
           5.8.4 THREAT OF SUBSTITUTES
           5.8.5 INTENSITY OF COMPETITIVE RIVALRY
    5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES
                    TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY INDUSTRY
           5.9.2 BUYING CRITERIA
                    FIGURE 36 KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
                    TABLE 8 KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES
    5.10 CASE STUDY ANALYSIS 
           TABLE 9 STEEL ROLLING MILL DEPLOYED ONLINE CONDITION MONITORING SYSTEM TO PREVENT CATASTROPHIC BEARING FAILURE
           TABLE 10 EMERSON ELECTRIC INSTALLED VIBRATION TRANSMITTER IN BARKING POWER STATION TO REDUCE PLANT DOWNTIME
           TABLE 11 SIG EMPLOYED APM STRATEGY SOLUTION TO REDUCE UNPLANNED DOWNTIME
    5.11 TRADE ANALYSIS 
           5.11.1 IMPORT SCENARIO
                    FIGURE 37 IMPORT VALUE OF PARTS FOR MACHINE CHECKING AND MEASUREMENT, BY COUNTRY, 2018–2022 (USD MILLION)
           5.11.2 EXPORT SCENARIO
                    FIGURE 38 EXPORTS VALUE OF PARTS FOR MACHINE CHECKING AND MEASUREMENT, BY COUNTRY, 2018–2022 (USD MILLION)
    5.12 PATENT ANALYSIS 
           FIGURE 39 TOP 10 PATENT APPLICANTS IN LAST 10 YEARS
           TABLE 12 TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS (2014–2023)
           FIGURE 40 NUMBER OF PATENTS GRANTED PER YEAR, 2014–2023
           TABLE 13 INNOVATIONS AND PATENT REGISTRATIONS PERTAINING TO MACHINE CONDITION MONITORING, 2022–2023
    5.13 KEY CONFERENCES AND EVENTS, 2024–2025 
           TABLE 14 LIST OF CONFERENCES AND EVENTS
    5.14 TARIFFS, REGULATORY LANDSCAPE, AND STANDARDS 
           5.14.1 TARIFFS FOR HS CODE 903190-COMPLIANT PARTS FOR MACHINE CHECKING AND MEASURING
                    TABLE 15 AVERAGE TARIFF (ESTIMATED) APPLIED BY COUNTRY (%)
           5.14.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 16 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 17 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 18 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 19 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           5.14.3 STANDARDS
                    TABLE 20 MACHINE CONDITION MONITORING-RELATED STANDARDS
6 APPLICATIONS OF MACHINE CONDITION MONITORING SYSTEMS (Page No. - 96)
    6.1 INTRODUCTION 
           FIGURE 41 PUMPS ACCOUNTED FOR LARGEST SHARE OF MACHINE CONDITION MONITORING MARKET, BY APPLICATION, IN 2023
    6.2 PUMPS 
    6.3 CHILLERS 
    6.4 MOTORS 
    6.5 BEARINGS 
    6.6 OTHER APPLICATIONS 
7 PROCUREMENT MODELS USED IN MACHINE CONDITION MONITORING EQUIPMENT MARKET (Page No. - 99)
    7.1 INTRODUCTION 
           FIGURE 42 ORIGINAL EQUIPMENT MANUFACTURERS CAPTURED MAJORITY OF MARKET SHARE IN 2023
    7.2 ORIGINAL EQUIPMENT MANUFACTURERS (OEMS) 
    7.3 END USERS 
8 MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE (Page No. - 100)
    8.1 INTRODUCTION 
           FIGURE 43 MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE
           FIGURE 44 VIBRATION MONITORING TECHNIQUE TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029
           TABLE 21 MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
           TABLE 22 MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
    8.2 VIBRATION MONITORING 
           8.2.1 INCLINATION TOWARD PREDICTIVE MAINTENANCE TO BOOST DEMAND FOR VIBRATION MONITORING TECHNIQUE
                    TABLE 23 VIBRATION MONITORING: MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                    TABLE 24 VIBRATION MONITORING: MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                    TABLE 25 VIBRATION MONITORING: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 26 VIBRATION MONITORING: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    TABLE 27 VIBRATION MONITORING: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                    TABLE 28 VIBRATION MONITORING: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
    8.3 THERMOGRAPHY 
           8.3.1 RISING FOCUS ON COST SAVINGS AND ENERGY EFFICIENCY OPTIMIZATION TO ACCELERATE ADOPTION OF THERMOGRAPHY
                    TABLE 29 THERMOGRAPHY: MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                    TABLE 30 THERMOGRAPHY: MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                    TABLE 31 THERMOGRAPHY: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 32 THERMOGRAPHY: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    TABLE 33 THERMOGRAPHY: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                    TABLE 34 THERMOGRAPHY: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
    8.4 OIL ANALYSIS 
           8.4.1 PRESENCE OF WEAR PARTICLES AND OTHER CONTAMINANTS IN OIL TO INCREASE DEMAND FOR OIL ANALYSIS TECHNIQUE
                    FIGURE 45 ADVANTAGES OF OIL ANALYSIS TECHNIQUE
                    TABLE 35 OIL ANALYSIS: MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                    TABLE 36 OIL ANALYSIS: MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                    TABLE 37 OIL ANALYSIS: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 38 OIL ANALYSIS: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    TABLE 39 OIL ANALYSIS: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                    TABLE 40 OIL ANALYSIS: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
    8.5 CORROSION MONITORING 
           8.5.1 EMPHASIS ON MAXIMIZING PLANT EFFICIENCY AND SAFETY TO PROMOTE USE OF CORROSION MONITORING TECHNIQUE
                    TABLE 41 CORROSION MONITORING: MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                    TABLE 42 CORROSION MONITORING: MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                    TABLE 43 CORROSION MONITORING: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 44 CORROSION MONITORING: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    TABLE 45 CORROSION MONITORING: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                    TABLE 46 CORROSION MONITORING: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
    8.6 ULTRASOUND EMISSION 
           8.6.1 NEED TO DETECT DEFECTS IN ELECTRIC EQUIPMENT TO STIMULATE DEMAND FOR ULTRASOUND EMISSION TECHNIQUE
                    TABLE 47 ULTRASOUND EMISSION: MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                    TABLE 48 ULTRASOUND EMISSION: MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                    TABLE 49 ULTRASOUND EMISSION: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 50 ULTRASOUND EMISSION: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    TABLE 51 ULTRASOUND EMISSION: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                    TABLE 52 ULTRASOUND EMISSION: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
    8.7 MOTOR CURRENT ANALYSIS 
           8.7.1 RISING UTILIZATION OF MOTOR CURRENT ANALYSIS FOR EARLY DETECTION OF FAULTS IN MACHINERY TO DRIVE MARKET
                    TABLE 53 MOTOR CURRENT ANALYSIS: MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2020–2023 (USD MILLION)
                    TABLE 54 MOTOR CURRENT ANALYSIS: MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2024–2029 (USD MILLION)
                    TABLE 55 MOTOR CURRENT ANALYSIS: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                    TABLE 56 MOTOR CURRENT ANALYSIS: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                    TABLE 57 MOTOR CURRENT ANALYSIS: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                    TABLE 58 MOTOR CURRENT ANALYSIS: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
9 MACHINE CONDITION MONITORING MARKET, BY OFFERING (Page No. - 123)
    9.1 INTRODUCTION 
           FIGURE 46 MACHINE CONDITION MONITORING MARKET, BY OFFERING
           FIGURE 47 HARDWARE SEGMENT TO HOLD LARGER MARKET SIZE IN 2029
           TABLE 59 MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2020–2023 (USD MILLION)
           TABLE 60 MACHINE CONDITION MONITORING MARKET, BY OFFERING, 2024–2029 (USD MILLION)
           TABLE 61 MACHINE CONDITION MONITORING MARKET, 2020–2023 (THOUSAND UNITS)
           TABLE 62 MACHINE CONDITION MONITORING MARKET, 2024–2029 (THOUSAND UNITS)
    9.2 HARDWARE 
           TABLE 63 MACHINE CONDITION MONITORING MARKET, BY HARDWARE TYPE, 2020–2023 (USD MILLION)
           TABLE 64 MACHINE CONDITION MONITORING MARKET, BY HARDWARE TYPE, 2024–2029 (USD MILLION)
           TABLE 65 HARDWARE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
           TABLE 66 HARDWARE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
           9.2.1 VIBRATION SENSORS
                    9.2.1.1 Rising use by automotive and oil & gas companies in process control and quality assurance applications to drive market
                    9.2.1.2 Accelerometers
                    9.2.1.3 Proximity probes
                    9.2.1.4 Tachometers
           9.2.2 INFRARED SENSORS
                    9.2.2.1 Increasing deployment in thermography applications to spot unusual heat patterns to fuel segmental growth
                    9.2.2.2 Thermal infrared sensors
                    9.2.2.3 Quantum infrared sensors
           9.2.3 SPECTROMETERS
                    9.2.3.1 Surging adoption to detect contamination, degradation, and cross-contamination in synthetic and petroleum-based lubricants and fluids to stimulate market growth
                    9.2.3.2 Infrared spectrometers
                    9.2.3.3 Ultraviolet spectrometers
                    9.2.3.4 Atomic spectrometers
                    9.2.3.5 Mass spectrometers
           9.2.4 ULTRASOUND DETECTORS
                    9.2.4.1 Surging adoption of predictive maintenance and quality control measures by industrial players to boost demand
                    9.2.4.2 Sound pressure meters
                    9.2.4.3 Stethoscopes
                    9.2.4.4 Ultrasound leak detectors
           9.2.5 SPECTRUM ANALYZERS
                    9.2.5.1 Significant focus on safe and efficient operation of industrial plants to drive market
                    9.2.5.2 Swept spectrum analyzers
                    9.2.5.3 Real-time spectrum analyzers
           9.2.6 CORROSION PROBES
                    9.2.6.1 Pressing need to mitigate corrosion risks in petroleum and chemical processing plants to accelerate demand
           9.2.7 OTHER HARDWARE PRODUCTS
    9.3 SOFTWARE 
           9.3.1 INTEGRATION OF SOFTWARE INTO MACHINE CONDITION MONITORING SYSTEM TO SIMPLIFY DEFECT ANALYSIS PROCESS TO DRIVE MARKET
                    TABLE 67 LIST OF MACHINE CONDITION MONITORING SOFTWARE PROVIDERS AND THEIR HEADQUARTERS
                    TABLE 68 SOFTWARE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
                    TABLE 69 SOFTWARE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
           9.3.2 DATA INTEGRATION
           9.3.3 DIAGNOSTIC REPORTING
           9.3.4 ORDER TRACKING ANALYSIS
           9.3.5 PARAMETER CALCULATION
    9.4 SERVICES 
           9.4.1 STRONG FOCUS OF MANUFACTURERS ON LONG-TERM RELIABILITY, PERFORMANCE OPTIMIZATION, AND CUSTOMER SATISFACTION TO BOOST DEMAND
           9.4.2 INSTALLATION
           9.4.3 TRAINING
           9.4.4 MAINTENANCE
10 MACHINE CONDITION MONITORING MARKET, BY DEPLOYMENT MODE (Page No. - 137)
     10.1 INTRODUCTION 
             FIGURE 48 MACHINE CONDITION MONITORING MARKET, BY DEPLOYMENT MODE
             FIGURE 49 ON-PREMISES SEGMENT TO HOLD LARGER MARKET SHARE THROUGHOUT FORECAST PERIOD
             TABLE 70 MACHINE CONDITION MONITORING MARKET, BY DEPLOYMENT MODE, 2020–2023 (USD MILLION)
             TABLE 71 MACHINE CONDITION MONITORING MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION)
     10.2 ON-PREMISES 
             10.2.1 SIGNIFICANT FOCUS ON ENSURING COMPLETE DATA CONTROL AND SECURITY TO ACCELERATE SEGMENTAL GROWTH
                        FIGURE 50 LIMITATIONS OF ON-PREMISES DEPLOYMENT
     10.3 CLOUD 
             10.3.1 SUPERIOR FLEXIBILITY, CONVENIENCE, AND SCALABILITY TO INCREASE ADOPTION OF CLOUD MODEL
                        FIGURE 51 ADVANTAGES OF CLOUD DEPLOYMENT
11 MACHINE CONDITION MONITORING MARKET, BY TYPE (Page No. - 142)
     11.1 INTRODUCTION 
             FIGURE 52 MACHINE CONDITION MONITORING MARKET, BY TYPE
             FIGURE 53 ONLINE SEGMENT TO LEAD MACHINE CONDITION MONITORING MARKET FROM 2024 TO 2029
             TABLE 72 MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
             TABLE 73 MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
     11.2 ONLINE 
             11.2.1 NEED FOR REAL-TIME DATA REGARDING VARIATIONS IN MACHINE PERFORMANCE FOR PROMPT DECISION-MAKING TO DRIVE MARKET
                        TABLE 74 ONLINE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
                        TABLE 75 ONLINE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
                        TABLE 76 ONLINE: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                        TABLE 77 ONLINE: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
     11.3 PORTABLE 
             11.3.1 COST-EFFECTIVENESS AND MAXIMIZED PRODUCTION OUTPUT TO BOOST DEMAND
                        TABLE 78 PORTABLE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
                        TABLE 79 PORTABLE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
                        TABLE 80 PORTABLE: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                        TABLE 81 PORTABLE: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
12 MACHINE CONDITION MONITORING MARKET, BY INDUSTRY (Page No. - 149)
     12.1 INTRODUCTION 
             FIGURE 54 MACHINE CONDITION MONITORING MARKET, BY INDUSTRY
             FIGURE 55 AUTOMOTIVE INDUSTRY TO RECORD HIGHEST CAGR IN MACHINE CONDITION MONITORING MARKET FROM 2024 TO 2029
             TABLE 82 MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
             TABLE 83 MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
     12.2 OIL & GAS 
             12.2.1 RISING ADOPTION OF SMART FACTORY SOLUTIONS TO BOOST CONDITION MONITORING SYSTEM DEMAND
                        TABLE 84 OIL & GAS: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
                        TABLE 85 OIL & GAS: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
                        TABLE 86 OIL & GAS: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 87 OIL & GAS: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 88 OIL & GAS: MACHINE CONDITION MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 89 OIL & GAS: MACHINE CONDITION MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION)
     12.3 POWER GENERATION 
             12.3.1 INCREASING FOCUS ON IMPROVING POWER PLANT EFFICIENCY AND RELIABILITY TO PROMOTE ADOPTION OF MACHINE MONITORING SYSTEMS
                        TABLE 90 POWER GENERATION: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
                        TABLE 91 POWER GENERATION: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
                        TABLE 92 POWER GENERATION: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 93 POWER GENERATION: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 94 POWER GENERATION: MACHINE CONDITION MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 95 POWER GENERATION: MACHINE CONDITION MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION)
     12.4 METALS & MINING 
             12.4.1 GREATER EMPHASIS ON PREVENTING CATASTROPHIC SYSTEM FAILURES AND UNSCHEDULED DOWNTIME TO BOOST DEPLOYMENT OF VIBRATION SENSORS
                        TABLE 96 METALS & MINING: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
                        TABLE 97 METALS & MINING: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
                        TABLE 98 METALS & MINING: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 99 METALS & MINING: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 100 METALS & MINING: MACHINE CONDITION MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 101 METALS & MINING: MACHINE CONDITION MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION)
     12.5 CHEMICALS 
             12.5.1 HIGH ADOPTION OF AUTOMATION SOLUTIONS BY CHEMICAL MANUFACTURERS TO CREATE NEED FOR MACHINE MONITORING SYSTEMS
                        TABLE 102 CHEMICALS: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
                        TABLE 103 CHEMICALS: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
                        TABLE 104 CHEMICALS: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 105 CHEMICALS: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 106 CHEMICALS: MACHINE CONDITION MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 107 CHEMICALS: MACHINE CONDITION MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION)
     12.6 AUTOMOTIVE 
             12.6.1 GROWING DEPLOYMENT OF IIOT TO AUTOMATE AND DIGITALIZE MANUFACTURING PROCESSES TO CREATE OPPORTUNITIES FOR MARKET PLAYERS
                        TABLE 108 AUTOMOTIVE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
                        TABLE 109 AUTOMOTIVE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
                        TABLE 110 AUTOMOTIVE: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 111 AUTOMOTIVE: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 112 AUTOMOTIVE: MACHINE CONDITION MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 113 AUTOMOTIVE: MACHINE CONDITION MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION)
     12.7 AEROSPACE 
             12.7.1 RISING ADOPTION OF AI AND IOT TECHNOLOGIES BY AEROSPACE COMPANIES TO ELEVATE DEMAND FOR MACHINE MONITORING SOLUTIONS
                        TABLE 114 AEROSPACE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
                        TABLE 115 AEROSPACE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
                        TABLE 116 AEROSPACE: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 117 AEROSPACE: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 118 AEROSPACE: MACHINE CONDITION MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 119 AEROSPACE: MACHINE CONDITION MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION)
     12.8 FOOD & BEVERAGES 
             12.8.1 SURGING DEMAND FOR FOOD PRODUCTS WITH LONGER SHELF LIFE TO FACILITATE ADOPTION OF MACHINE MONITORING SOLUTIONS
                        TABLE 120 FOOD & BEVERAGES: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
                        TABLE 121 FOOD & BEVERAGES: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
                        TABLE 122 FOOD & BEVERAGES: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 123 FOOD & BEVERAGES: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 124 FOOD & BEVERAGES: MACHINE CONDITION MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 125 FOOD & BEVERAGES: MACHINE CONDITION MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION)
     12.9 MARINE 
             12.9.1 GROWING RELIANCE ON PREDICTIVE MAINTENANCE MODEL TO AUGMENT ADOPTION OF MACHINE MONITORING SYSTEMS
                        TABLE 126 MARINE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
                        TABLE 127 MARINE: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
                        TABLE 128 MARINE: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
                        TABLE 129 MARINE: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
                        TABLE 130 MARINE: MACHINE CONDITION MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION)
                        TABLE 131 MARINE: MACHINE CONDITION MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION)
     12.10 OTHER INDUSTRIES 
             TABLE 132 OTHER INDUSTRIES: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2020–2023 (USD MILLION)
             TABLE 133 OTHER INDUSTRIES: MACHINE CONDITION MONITORING MARKET, BY MONITORING TECHNIQUE, 2024–2029 (USD MILLION)
             TABLE 134 OTHER INDUSTRIES: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2020–2023 (USD MILLION)
             TABLE 135 OTHER INDUSTRIES: MACHINE CONDITION MONITORING MARKET, BY TYPE, 2024–2029 (USD MILLION)
             TABLE 136 OTHER INDUSTRIES: MACHINE CONDITION MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION)
             TABLE 137 OTHER INDUSTRIES: MACHINE CONDITION MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION)
13 MACHINE CONDITION MONITORING MARKET, BY REGION (Page No. - 177)
     13.1 INTRODUCTION 
             FIGURE 56 MACHINE CONDITION MONITORING MARKET, BY REGION
             FIGURE 57 INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL MACHINE CONDITION MONITORING MARKET DURING FORECAST PERIOD
             TABLE 138 MACHINE CONDITION MONITORING MARKET, BY REGION, 2020–2023 (USD MILLION)
             TABLE 139 MACHINE CONDITION MONITORING MARKET, BY REGION, 2024–2029 (USD MILLION)
     13.2 NORTH AMERICA 
             13.2.1 NORTH AMERICA: RECESSION IMPACT
                        FIGURE 58 NORTH AMERICA: MACHINE CONDITION MONITORING MARKET SNAPSHOT
                        FIGURE 59 US TO ACCOUNT FOR LARGEST SHARE OF NORTH AMERICAN MARKET THROUGHOUT FORECAST PERIOD
                        TABLE 140 NORTH AMERICA: MACHINE CONDITION MONITORING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 141 NORTH AMERICA: MACHINE CONDITION MONITORING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                        TABLE 142 NORTH AMERICA: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                        TABLE 143 NORTH AMERICA: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
             13.2.2 US
                        13.2.2.1 Increasing adoption of IIoT technologies by manufacturing firms to drive market
             13.2.3 CANADA
                        13.2.3.1 Rising deployment of smart factory solutions to fuel market growth
             13.2.4 MEXICO
                        13.2.4.1 Growing implementation of automation solutions in industrial plants to support market growth
     13.3 EUROPE 
             13.3.1 EUROPE: RECESSION IMPACT
                        FIGURE 60 EUROPE: MACHINE CONDITION MONITORING MARKET SNAPSHOT
                        FIGURE 61 GERMANY TO LEAD EUROPEAN MARKET THROUGHOUT FORECAST PERIOD
                        TABLE 144 EUROPE: MACHINE CONDITION MONITORING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 145 EUROPE: MACHINE CONDITION MONITORING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                        TABLE 146 EUROPE: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                        TABLE 147 EUROPE: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
             13.3.2 GERMANY
                        13.3.2.1 Thriving automotive sector to contribute to market growth
             13.3.3 UK
                        13.3.3.1 Rising use of IoT devices by manufacturers to foster market growth
             13.3.4 FRANCE
                        13.3.4.1 Booming aerospace industry to create opportunities for machine condition monitoring system providers
             13.3.5 REST OF EUROPE
     13.4 ASIA PACIFIC 
             13.4.1 ASIA PACIFIC: RECESSION IMPACT
                        FIGURE 62 ASIA PACIFIC: MACHINE CONDITION MONITORING MARKET SNAPSHOT
                        FIGURE 63 CHINA TO GAIN LARGEST MARKET SHARE IN ASIA PACIFIC THROUGHOUT FORECAST PERIOD
                        TABLE 148 ASIA PACIFIC: MACHINE CONDITION MONITORING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 149 ASIA PACIFIC: MACHINE CONDITION MONITORING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                        TABLE 150 ASIA PACIFIC: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                        TABLE 151 ASIA PACIFIC: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
             13.4.2 CHINA
                        13.4.2.1 Surging adoption of automation technologies owing to increasing labor costs to drive market
             13.4.3 JAPAN
                        13.4.3.1 Shrinking workforce and aging population to boost adoption of advanced machine condition monitoring systems in smart factories
             13.4.4 INDIA
                        13.4.4.1 Digital India and Make in India initiatives to create opportunities for market players
             13.4.5 REST OF ASIA PACIFIC
     13.5 REST OF THE WORLD (ROW) 
             13.5.1 ROW: RECESSION IMPACT
                        FIGURE 64 GCC COUNTRIES TO DOMINATE MARKET IN ROW IN 2024
                        TABLE 152 ROW: MACHINE CONDITION MONITORING MARKET, BY GEOGRAPHY, 2020–2023 (USD MILLION)
                        TABLE 153 ROW: MACHINE CONDITION MONITORING MARKET, BY GEOGRAPHY, 2024–2029 (USD MILLION)
                        TABLE 154 ROW: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)
                        TABLE 155 ROW: MACHINE CONDITION MONITORING MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)
             13.5.2 GCC COUNTRIES
                        13.5.2.1 Strong presence of oil & gas industry to fuel market growth
                                     TABLE 156 MACHINE CONDITION MONITORING MARKET, BY GCC COUNTRY, 2020–2023 (USD MILLION)
                                     TABLE 157 MACHINE CONDITION MONITORING MARKET, BY GCC COUNTRY, 2024–2029 (USD MILLION)
                        13.5.2.2 Saudi Arabia
                                     13.5.2.2.1 Strong focus on oil production activities to boost adoption of machine condition monitoring systems
                        13.5.2.3 UAE
                                     13.5.2.3.1 Booming manufacturing sector to drive market
                        13.5.2.4 Rest of GCC countries
             13.5.3 REST OF MIDDLE EAST & AFRICA
                        13.5.3.1 Flourishing mining industry to support market growth
             13.5.4 SOUTH AMERICA
                        13.5.4.1 Emergence of region as manufacturing hub to create growth opportunities
14 COMPETITIVE LANDSCAPE (Page No. - 202)
     14.1 INTRODUCTION 
     14.2 STRATEGIES ADOPTED BY KEY PLAYERS 
             TABLE 158 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS
     14.3 REVENUE ANALYSIS OF KEY PLAYERS IN MACHINE CONDITION MONITORING MARKET 
             FIGURE 65 FIVE-YEAR REVENUE ANALYSIS OF KEY PLAYERS IN MACHINE CONDITION MONITORING MARKET, 2018–2022
     14.4 MARKET SHARE ANALYSIS, 2023 
             TABLE 159 MACHINE CONDITION MONITORING MARKET SHARE ANALYSIS (2023)
             FIGURE 66 INDUSTRY CONCENTRATION, 2023
     14.5 EVALUATION MATRIX FOR KEY COMPANIES, 2023 
             14.5.1 STARS
             14.5.2 EMERGING LEADERS
             14.5.3 PERVASIVE PLAYERS
             14.5.4 PARTICIPANTS
                        FIGURE 67 MACHINE CONDITION MONITORING MARKET: KEY COMPANY EVALUATION MATRIX, 2023
             14.5.5 COMPANY FOOTPRINT ANALYSIS
                        TABLE 160 OVERALL FOOTPRINT: KEY COMPANIES (25 COMPANIES)
                        TABLE 161 INDUSTRY FOOTPRINT: KEY COMPANIES (25 COMPANIES)
                        TABLE 162 REGION FOOTPRINT: KEY COMPANIES (25 COMPANIES)
     14.6 EVALUATION MATRIX FOR STARTUPS/SMES, 2023 
             14.6.1 PROGRESSIVE COMPANIES
             14.6.2 RESPONSIVE COMPANIES
             14.6.3 DYNAMIC COMPANIES
             14.6.4 STARTING BLOCKS
                        FIGURE 68 MACHINE CONDITION MONITORING MARKET: STARTUPS/SMES EVALUATION MATRIX, 2023
             14.6.5 COMPETITIVE BENCHMARKING
                        TABLE 163 DETAILED LIST OF KEY STARTUPS/SMES
                        TABLE 164 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (5 COMPANIES)
                        TABLE 165 OVERALL FOOTPRINT: STARTUPS/SMES (5 COMPANIES)
     14.7 COMPETITIVE SCENARIO AND TRENDS 
             TABLE 166 MACHINE CONDITION MONITORING MARKET: PRODUCT LAUNCHES
             TABLE 167 MACHINE CONDITION MONITORING MARKET: DEALS
15 COMPANY PROFILES (Page No. - 218)
     15.1 KEY PLAYERS 
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*  
             15.1.1 BAKER HUGHES COMPANY
                        TABLE 168 BAKER HUGHES COMPANY: COMPANY OVERVIEW
                        FIGURE 69 BAKER HUGHES COMPANY: COMPANY SNAPSHOT
                        TABLE 169 BAKER HUGHES COMPANY: PRODUCTS OFFERED
             15.1.2 EMERSON ELECTRIC CO.
                        TABLE 170 EMERSON ELECTRIC CO.: COMPANY OVERVIEW
                        FIGURE 70 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
                        TABLE 171 EMERSON ELECTRIC CO.: PRODUCTS OFFERED
                        TABLE 172 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES
                        TABLE 173 EMERSON ELECTRIC CO.: DEALS
             15.1.3 AMPHENOL CORPORATION
                        TABLE 174 AMPHENOL CORPORATION: COMPANY OVERVIEW
                        FIGURE 71 AMPHENOL CORPORATION: COMPANY SNAPSHOT
                        TABLE 175 AMPHENOL CORPORATION: PRODUCTS OFFERED
                        TABLE 176 AMPHENOL CORPORATION: PRODUCT LAUNCHES
             15.1.4 HONEYWELL INTERNATIONAL INC.
                        TABLE 177 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
                        FIGURE 72 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
                        TABLE 178 HONEYWELL INTERNATIONAL INC.: PRODUCTS OFFERED
                        TABLE 179 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
             15.1.5 SKF
                        TABLE 180 SKF: COMPANY OVERVIEW
                        FIGURE 73 SKF: COMPANY SNAPSHOT
                        TABLE 181 SKF: PRODUCTS OFFERED
                        TABLE 182 SKF: PRODUCT LAUNCHES
                        TABLE 183 SKF: DEALS
             15.1.6 ANALOG DEVICES, INC.
                        TABLE 184 ANALOG DEVICES, INC.: COMPANY OVERVIEW
                        FIGURE 74 ANALOG DEVICES, INC.: COMPANY SNAPSHOT
                        TABLE 185 ANALOG DEVICES, INC.: PRODUCTS OFFERED
             15.1.7 GENERAL ELECTRIC
                        TABLE 186 GENERAL ELECTRIC: COMPANY OVERVIEW
                        FIGURE 75 GENERAL ELECTRIC: COMPANY SNAPSHOT
                        TABLE 187 GENERAL ELECTRIC: PRODUCTS OFFERED
             15.1.8 PARKER HANNIFIN CORP
                        TABLE 188 PARKER HANNIFIN CORP: COMPANY OVERVIEW
                        FIGURE 76 PARKER HANNIFIN CORP: COMPANY SNAPSHOT
                        TABLE 189 PARKER HANNIFIN CORP: PRODUCTS OFFERED
             15.1.9 ROCKWELL AUTOMATION
                        TABLE 190 ROCKWELL AUTOMATION: COMPANY OVERVIEW
                        FIGURE 77 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
                        TABLE 191 ROCKWELL AUTOMATION: PRODUCTS OFFERED
             15.1.10 SCHAEFFLER AG
                        TABLE 192 SCHAEFFLER AG: COMPANY OVERVIEW
                        FIGURE 78 SCHAEFFLER AG: COMPANY SNAPSHOT
                        TABLE 193 SCHAEFFLER AG: PRODUCTS OFFERED
                        TABLE 194 SCHAEFFLER AG: PRODUCT LAUNCHES
             15.1.11 SIEMENS
                        TABLE 195 SIEMENS: COMPANY OVERVIEW
                        FIGURE 79 SIEMENS: COMPANY SNAPSHOT
                        TABLE 196 SIEMENS: PRODUCTS OFFERED
                        TABLE 197 SIEMENS: DEALS
             15.1.12 TELEDYNE TECHNOLOGIES INCORPORATED
                        TABLE 198 TELEDYNE TECHNOLOGIES INCORPORATED: COMPANY OVERVIEW
                        FIGURE 80 TELEDYNE TECHNOLOGIES INCORPORATED: COMPANY SNAPSHOT
                        TABLE 199 TELEDYNE TECHNOLOGIES INCORPORATED: PRODUCTS OFFERED
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.  
     15.2 OTHER COMPANIES 
             15.2.1 3D SIGNALS
             15.2.2 BANNER ENGINEERING CORP.
             15.2.3 CRYSTAL INSTRUMENTS
             15.2.4 ECOLIBRIUM
             15.2.5 FLUKE CORPORATION
             15.2.6 IFM ELECTRONIC GMBH
             15.2.7 LOGILUBE, LLC
             15.2.8 MACHINE SAVER
             15.2.9 PETASENSE INC.
             15.2.10 SAMOTICS
             15.2.11 SPM INSTRUMENT AB
             15.2.12 SYMPHONYAI
             15.2.13 UPTIMEWORKS
16 ADJACENT AND RELEVANT MARKETS (Page No. - 265)
     16.1 INTRODUCTION 
     16.2 TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION 
             16.2.1 INTRODUCTION
                        TABLE 200 TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION, 2019–2022 (USD MILLION)
                        TABLE 201 TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION)
             16.2.2 NORTH AMERICA
                        TABLE 202 NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
                        TABLE 203 NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 204 NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET, BY TYPE, 2019–2022 (USD MILLION)
                        TABLE 205 NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION)
                        TABLE 206 NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION)
                        TABLE 207 NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION)
                        16.2.2.1 US
                                     16.2.2.1.1 Increasing use of communication test and measurement equipment to supply high-quality voice, video, and data center services to drive market
                        16.2.2.2 Canada
                                     16.2.2.2.1 Rising demand for broadband services and communication testing to fuel market growth
                        16.2.2.3 Mexico
                                     16.2.2.3.1 Increasing demand for compact cars to support market growth
17 APPENDIX (Page No. - 271)
     17.1 INSIGHTS FROM INDUSTRY EXPERTS 
     17.2 DISCUSSION GUIDE 
     17.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     17.4 CUSTOMIZATION OPTIONS 
     17.5 RELATED REPORTS 
     17.6 AUTHOR DETAILS 


15 COMPANY PROFILES 218
15.1 KEY PLAYERS 218
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
15.1.1 BAKER HUGHES COMPANY 218
TABLE 168 BAKER HUGHES COMPANY: COMPANY OVERVIEW 218
FIGURE 69 BAKER HUGHES COMPANY: COMPANY SNAPSHOT 219
TABLE 169 BAKER HUGHES COMPANY: PRODUCTS OFFERED 220
15.1.2 EMERSON ELECTRIC CO. 221
TABLE 170 EMERSON ELECTRIC CO.: COMPANY OVERVIEW 221
FIGURE 70 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT 222
TABLE 171 EMERSON ELECTRIC CO.: PRODUCTS OFFERED 222
TABLE 172 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES 223
TABLE 173 EMERSON ELECTRIC CO.: DEALS 224
15.1.3 AMPHENOL CORPORATION 225
TABLE 174 AMPHENOL CORPORATION: COMPANY OVERVIEW 225
FIGURE 71 AMPHENOL CORPORATION: COMPANY SNAPSHOT 226
TABLE 175 AMPHENOL CORPORATION: PRODUCTS OFFERED 226
TABLE 176 AMPHENOL CORPORATION: PRODUCT LAUNCHES 227
15.1.4 HONEYWELL INTERNATIONAL INC. 228
TABLE 177 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW 228
FIGURE 72 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 229
TABLE 178 HONEYWELL INTERNATIONAL INC.: PRODUCTS OFFERED 230
TABLE 179 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES 230
15.1.5 SKF 232
TABLE 180 SKF: COMPANY OVERVIEW 232
FIGURE 73 SKF: COMPANY SNAPSHOT 233
TABLE 181 SKF: PRODUCTS OFFERED 233
TABLE 182 SKF: PRODUCT LAUNCHES 234
TABLE 183 SKF: DEALS 235
15.1.6 ANALOG DEVICES, INC. 236
TABLE 184 ANALOG DEVICES, INC.: COMPANY OVERVIEW 236
FIGURE 74 ANALOG DEVICES, INC.: COMPANY SNAPSHOT 237
TABLE 185 ANALOG DEVICES, INC.: PRODUCTS OFFERED 237
15.1.7 GENERAL ELECTRIC 238
TABLE 186 GENERAL ELECTRIC: COMPANY OVERVIEW 238
FIGURE 75 GENERAL ELECTRIC: COMPANY SNAPSHOT 239
TABLE 187 GENERAL ELECTRIC: PRODUCTS OFFERED 239
15.1.8 PARKER HANNIFIN CORP 240
TABLE 188 PARKER HANNIFIN CORP: COMPANY OVERVIEW 240
FIGURE 76 PARKER HANNIFIN CORP: COMPANY SNAPSHOT 241
TABLE 189 PARKER HANNIFIN CORP: PRODUCTS OFFERED 242
15.1.9 ROCKWELL AUTOMATION 243
TABLE 190 ROCKWELL AUTOMATION: COMPANY OVERVIEW 243
FIGURE 77 ROCKWELL AUTOMATION: COMPANY SNAPSHOT 244
TABLE 191 ROCKWELL AUTOMATION: PRODUCTS OFFERED 245
15.1.10 SCHAEFFLER AG 246
TABLE 192 SCHAEFFLER AG: COMPANY OVERVIEW 246
FIGURE 78 SCHAEFFLER AG: COMPANY SNAPSHOT 247
TABLE 193 SCHAEFFLER AG: PRODUCTS OFFERED 248
TABLE 194 SCHAEFFLER AG: PRODUCT LAUNCHES 248
15.1.11 SIEMENS 249
TABLE 195 SIEMENS: COMPANY OVERVIEW 249
FIGURE 79 SIEMENS: COMPANY SNAPSHOT 250
TABLE 196 SIEMENS: PRODUCTS OFFERED 251
TABLE 197 SIEMENS: DEALS 251
15.1.12 TELEDYNE TECHNOLOGIES INCORPORATED 252
TABLE 198 TELEDYNE TECHNOLOGIES INCORPORATED: COMPANY OVERVIEW 252
FIGURE 80 TELEDYNE TECHNOLOGIES INCORPORATED: COMPANY SNAPSHOT 253
TABLE 199 TELEDYNE TECHNOLOGIES INCORPORATED: PRODUCTS OFFERED 254
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
15.2 OTHER COMPANIES 255
15.2.1 3D SIGNALS 255
15.2.2 BANNER ENGINEERING CORP. 255
15.2.3 CRYSTAL INSTRUMENTS 256
15.2.4 ECOLIBRIUM 256
15.2.5 FLUKE CORPORATION 257
15.2.6 IFM ELECTRONIC GMBH 258
15.2.7 LOGILUBE, LLC 259
15.2.8 MACHINE SAVER 260
15.2.9 PETASENSE INC. 261
15.2.10 SAMOTICS 261
15.2.11 SPM INSTRUMENT AB 262
15.2.12 SYMPHONYAI 263
15.2.13 UPTIMEWORKS 264
16 ADJACENT AND RELEVANT MARKETS 265
16.1 INTRODUCTION 265
16.2 TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION 265
16.2.1 INTRODUCTION 265
TABLE 200 TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION, 2019–2022 (USD MILLION) 265
TABLE 201 TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 266
16.2.2 NORTH AMERICA 266
TABLE 202 NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 266
TABLE 203 NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 267
TABLE 204 NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET, BY TYPE, 2019–2022 (USD MILLION) 267
TABLE 205 NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 267
TABLE 206 NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION) 267
TABLE 207 NORTH AMERICA: TEST AND MEASUREMENT EQUIPMENT MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 268
16.2.2.1 US 268
16.2.2.1.1 Increasing use of communication test and measurement equipment to supply high-quality voice, video, and data center services to drive market 268
16.2.2.2 Canada 269
16.2.2.2.1 Rising demand for broadband services and communication testing to fuel market growth 269
16.2.2.3 Mexico 270
16.2.2.3.1 Increasing demand for compact cars to support market growth 270
17 APPENDIX 271
17.1 INSIGHTS FROM INDUSTRY EXPERTS 271
17.2 DISCUSSION GUIDE 272
17.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 276
17.4 CUSTOMIZATION OPTIONS 278
17.5 RELATED REPORTS 278
17.6 AUTHOR DETAILS 279