Uploaded on Jul 20, 2022
Browse 153 Market Data Tables and 113 Figures spread through 185 Pages and in-depth TOC on “Global Machine Condition Monitoring Market - Forecast to 2027’’ https://www.globalmarketBrowse 153 Market Data Tables and 113 Figures spread through 185 Pages and in-depth TOC on “Global Machine Condition Monitoring Market - Forecast to 2027’’ https://www.globalmarketestimates.com/market-report/machine-condition-monitoring-market-3872 estimates.com/market-report/machine-condition-monitoring-market-3872
Global Machine Condition Monitoring Market Size & Trends
Global Machine Condition Monitoring Market Size & Trends
According to a new market research report published by Global Market Estimates, the Global
Machine Condition Monitoring Market is projected to grow from USD 2.8 billion in 2022
to USD 4.0 billion by 2027 at a CAGR value of 8.9% from 2022 to 2027.
The ability to take remedial precautions to avoid or minimize repair costs, and to boost
machine safety, which enhances human safety, is the main benefit of employing condition
monitoring to find flaws. This is responsible for the growth in the market.
Browse 153 Market Data Tables and 113 Figures spread through 185 Pages and in-
depth TOC on “Global Machine Condition Monitoring Market - Forecast to 2027’’
https://www.globalmarketestimates.com/market-report/machine-condition-monitoring-
market-3872
By Monitoring Technique (Vibration Monitoring, Thermography, Oil Analysis, Corrosion
Monitoring, Ultrasound Emission Monitoring, Motor Current Analysis), By Deployment
Type (On premise, Cloud), By Industry Vertical (Oil & Gas, Power Generator, Metal &
Mining, Automotive, Food & Beverages, Others), By Region (North America, Asia Pacific,
Central, and South America, Europe, and the Middle East and Africa), Competitive
Landscape Company Market Share Analysis, and Competitor Analysis
Key Market Insights
As per the monitoring technique outlook, the vibration monitoring segment is
expected to be the largest segment in the machine condition monitoring market from
2022 to 2027
The Asia Pacific region is analyzed to be the fastest-growing segment in the market
The United States has the largest share in the market during the forecast period of
2022-2027.
As per the deployment type, the cloud segment is expected to be the largest segment
in the machine condition monitoring market from 2022 to 2027
Emerson Electric (US), General Electric (US), Honeywell International (US),
National Instruments (US), Rockwell Automation (US), and SKF (Sweden) among
others, are some of the key players in the machine condition monitoring market.
Monitoring Technique Outlook (Revenue, USD Billion, 2022-2027)
Vibration Monitoring
Thermography
Oil Analysis
Corrosion Monitoring
Ultrasound Emission Monitoring
Motor Current Analysis
Deployment Type (Revenue, USD Billion, 2022-2027)
On-premise
Cloud
Industry Vertical (Revenue, USD Billion, 2022-2027)
Oil & Gas
Power Generator
Metal & Mining
Automotive
Food & Beverages
Others
Regional Outlook (Revenue, USD Billion, 2022-2027)
North America
The U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Rest of APAC
Central & South America
Brazil
Argentina
Rest of CSA
Middle East & Africa
Saudi Arabia
UAE
Rest of MEA
Contact: Yash Jain
Email address: [email protected]
Phone Number: +1 6026667238
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