DALLAS, June 29, 2014 /PRNewswire/ --
Machine health monitoring is the best way of maintenance to meet the production requirements of in a timely or efficient manner. It is the process of monitoring the health of a machine with the intent to anticipate the mechanical wear and failure. Machine health monitoring is a part of predictive maintenance technique. As per the report titled Machine Health Monitoring Market by Product (vibration monitoring, thermography, ultrasound emission, lubricating oil analysis, corrosion monitoring, motor current signature analysis), Component, Application and Geography - Global Forecast to 2014 - 2020, the machine health monitoring market has a broad scope in the industry. This market is important as it projects the condition of machinery, which ensures the right maintenance is provided at the right time. Machine health monitoring provides sensory indication that components are functioning under rated capacity and provide a suitable warning if the preset standard conditions and indices are exceeded. Complete report is available at http://www.reportsnreports.com/reports/290941-machine-health-monitoring-market-by-product-vibration-monitoring-thermography-ultrasound-emission-lubricating-oil-analysis-corrosion-monitoring-motor-current-signature-analysis-component-application-and-geography-global-forecast-to-2014-2020.html .
The machine health monitoring market is segmented in terms of product type such as corrosion monitoring equipment, lubricating oil analysis equipment, motor current signature analysis, thermography equipment, ultrasound emission equipment, and vibration monitoring equipment. The report is further segmented into component type such as corrosion probes, spectrometer, spectrum analyzer, thermal camera, ultrasonic detector, vibration sensor, and others (software) used in machine health monitoring market. Also, the Machine Health Monitoring report is segmented by application such as aerospace and defense, automotive, chemicals, marine, mining, oil and gas, and Power. The report also provides geographic analysis and estimation for markets across the Americas, Europe, APAC, and the ROW.
The report includes the detailed value chain analysis of the machine health monitoring industry. It also provides the Porter's Five Forces Analysis with description of each of its forces and their respective impact on the market. Companies included in this report are: Azima Dli Corporation, Bruel & Kjaer, CTRL Systems, Inc., Emerson Process Management Fluke Corporation, General Electric Company, Honeywell International, Inc., National Instruments Corporation, Parker Hannifin Corporation, Rockwell Automation, Inc., Rockwell Automation, Inc. and SKF AB. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=290941 .
The major drivers for the Machine Health Monitoring Market are the improvement in equipment reliability by effective projection of their failures, achieving reduction in frequency and severity of equipment downtimes, maximizing component life by proper scheduling of maintenance programs, maximizing equipment performance and throughput, ensuring the safety of equipment and personnel, and many more. There are restraints in the market such as achieving return on investment from machine health monitoring, unpredictable maintenance periods, and requirement of asset modifications to retrofit existing systems with machine health monitoring sensors that may inhibit the market growth. The increasing demand from emerging economies is one of the key opportunities for the process analyzer market.
Key Takeaways
- The total revenue of the Machine Health Monitoring market is expected to grow at an estimated CAGR of 7.16% from 2014-2020
- Analysis of the global market with special focus on high growth applications in each verticals and fast growing market segments
- Statistics by component, product type, application type, and geography, with a detailed classification splits by revenue
- Porter's analysis in detail along with the impact
- Major market trends, drivers, restraints, and opportunities for the Machine Health Monitoring market
- Illustrative segmentation, analysis, and forecast of the major geographic markets to give an overall view of the Machine Health Monitoring market
- The future of Machine Health Monitoring market from technical as well as market oriented perspectives
- Detailed competitive landscape with identification of the key players with in-depth market share analysis including individual revenue, and market share rankings.
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Table of Contents for Machine Health Monitoring Market by Product (vibration monitoring, thermography, ultrasound emission, lubricating oil analysis, corrosion monitoring, motor current signature analysis), Component, Application and Geography - Global Forecast to 2014 - 2020 research report cover:
1 Introduction
1.1 Objectives
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size Estimation
1.5.2 Market Crackdown and Data Triangulation
1.5.3 Key Data Taken From Secondary Sources
1.5.4 Key Data Taken From Primary Sources
1.5.5 Market Definition and Scope
1.5.6 Assumptions
1.5.7 List of Companies Covered in the Study
2 Executive Summary
3 Cover Story
3.1 Introduction
3.2 Interview: Steven Slupsky, Ceo, Scanimetrics Inc.
4 Market Overview
4.1 Introduction
4.2 Market Definition
4.3 Market Segmentation
4.4 History and Evolution
4.5 Standards Related to Machine Health Monitoring
4.5.1 Api
4.5.2 Astm
4.5.3 Iso
4.5.4 Mimosa
4.6 Trends in Machine Health Monitoring
4.6.1 Development of Smart Sensors
4.6.2 Built-in Vibration Sensors in Machinery
4.6.3 Increasing Functionalities of Machine Health Monitoring Software
4.6.4 Reducing Expenses For Implementing Machine Health Monitoring Systems
4.6.5 Internet of Things For Machine Health Monitoring
5 Market Dynamics
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Process Industry Transitioning From Preventive Maintenance to Predictive Maintenance to Drive Growth For Machine Monitoring Equipment
5.2.1.2 Wireless Technology Transforms Machine Health Monitoring Market
5.2.1.3 Growth in the Heating, Ventilating and Air Conditioning (HVAC) Market
5.2.1.4 Smart Factory Accelerates Growth of Machine Health Monitoring Market
5.2.2 Restraints
5.2.2.1 Unpredictable Maintenance Periods
5.2.2.2 Older Equipment May Require Asset Modifications to Retrofit Existing Systems With Machine Health Monitoring Sensors
5.2.3 Opportunities
5.2.3.1 Growth of Wind Energy Will increase the Demand For Machine Health Monitoring Systems
5.3 Burning Issue
5.3.1 Online Vs offline Conundrum
5.4 Winning Imperative
5.4.1 Machine Health Monitoring Using Cloud Technology
5.5 Value Chain Analysis
5.6 Porter's Five Forces Model
5.6.1 Threat From New Entrants
5.6.2 Threat From Substitutes
5.6.3 Bargaining Power of Suppliers
5.6.4 Bargaining Power of Buyers
5.6.5 Degree of Competition
6 Machine Health Monitoring Market By Products
6.1 Introduction
6.2 Vibration Monitoring
6.3 thermography
6.4 Ultrasound Emission
6.5 Lubricating Oil Analysis
6.6 Corrosion Monitoring
6.7 Motor Current Signature Analysis
7 Machine Health Monitoring Market By Component
7.1 Introduction
7.2 Vibration Sensors
7.2.1 Accelerometer
7.2.1.1 Major Companies offering Accelerometers
7.2.2 Proximity Probes
7.2.2.1 Major Companies offering Proximity Probes
7.2.3 Tachometer
7.2.3.1 Major Companies offering Tachometer
7.3 Thermal Camera
7.3.1 Major Players offering Thermal Camera
7.4 Spectrometer
7.4.1 Major Companies offering Spectrometer
7.5 Ultrasound Detector
7.5.1 Major Companies offering Ultrasound Detector
7.6 Corrosion Probes
7.6.1 Major Companies offering Corrosion Probe
7.7 Spectrum Analyzer
7.7.1 Major Companies offering Spectrum Analyzer
8 Machine Health Monitoring Market By Application
8.1 Introduction
8.1.1 Aerospace & Defense
8.1.2 Automotive
8.1.3 Chemicals
8.1.4 Marine
8.1.5 Mining
8.1.6 Oil & Gas
8.1.7 Power
8.1.8 Other Applications
8.2 Introduction
8.2.1 Major Companies Providing Machine Health Monitoring Systems in Different Geographies
8.3 North America
8.3.1 Major Companies Providing Machine Health Monitoring Systems in North America
8.3.2 U.S.
8.3.3 Canada
8.3.4 Mexico
8.4 Europe
8.4.1 Major Companies Providing Machine Health Monitoring Systems in Europe
8.4.2 U.K.
8.4.3 Germany
8.4.4 France
8.4.5 Spain
8.4.6 Italy
8.4.7 Rest of Europe
8.5 APAC
8.5.1 China
8.5.2 India
8.5.3 Japan
8.5.4 Australia
8.5.5 Rest of APAC
8.6 ROW
8.6.1 Middle East
8.6.2 South America
8.6.3 Africa
9 Competitive Landscape
9.1 Introduction
9.2 Key Growth Strategies
9.3 Market Share Analysis of Major Machine Health Monitoring Providers
9.3.1 New Product Developments
9.3.2 Mergers and Acquisitions
9.3.3 Partnerships/Agreements/Contracts/ Awards
10 Company Profiles
10.1 Azima Dli Corporation
10.1.1 Company Snapshot
10.1.2 Product Portfolio
10.1.3 Developments
10.1.4 MNM View
10.2 Bruel & Kjaer
10.2.1 Company Snapshot
10.2.2 Product Portfolio
10.2.3 Developments
10.2.4 MNM View
10.3 CTRL Systems, Inc.
10.3.1 Company Snapshot
10.3.2 Product Portfolio
10.3.3 Developments
10.3.4 MNM View
10.4 Emerson Process Management
10.4.1 Company Snapshot
10.4.2 Product Portfolio
10.4.3 Developments
10.4.4 SWOT Analysis
10.4.5 MNM View
10.5 Fluke Corporation
10.5.1 Company Snapshot
10.5.2 Product Portfolio
10.5.3 Developments
10.5.4 MNM View
10.6 General Electric Company
10.6.1 Company Snapshot
10.6.2 Product Portfolio
10.6.3 Developments
10.6.4 SWOT Analysis
10.6.5 MNM View
10.7 Honeywell International, Inc.
10.7.1 Company Snapshot
10.7.2 Product Portfolio
10.7.3 Developments
10.7.4 SWOT Analysis
10.7.5 MNM View
10.8 National Instruments Corporation
10.8.1 Company Snapshot
10.8.2 Product Portfolio
10.8.3 Developments
10.8.4 MNM View
10.9 Parker Hannifin Corporation
10.9.1 Company Snapshot
10.9.2 Product Portfolio
10.9.3 Developments
10.9.4 SWOT Analysis
10.9.5 MNM View
10.10 Rockwell Automation, Inc.
10.10.1 Company Snapshot
10.10.2 Product Portfolio
10.10.3 Developments
10.10.4 SWOT Analysis
10.10.5 MNM View
10.11 Scanimetrics
10.11.1 Company Snapshot
10.11.2 Product Portfolio
10.11.3 Developments
10.11.4 MNM View
10.12 SKF AB
10.12.1 Company Snapshot
10.12.2 Product Portfolio
10.12.3 Developments
10.12.4 MNM View
List of Tables
Table 1 Market Definition and Scope
Table 2 General Assumptions, Terminology, and Application Key Notes
Table 3 Machine Health Monitoring: List of Companies Covered
Table 4 Global Machine Health Monitoring Market Size, By Product, 2013-2020 ($Million)
Table 5 Early Warning Signs For Machine Breakdown
Table 6 Global Market Size, By Product, 2013-2020 ($Million)
Table 7 Global Vibration Monitoring Market Size, By Geography, 2013-2020 ($Million)
Table 8 Global Thermography Market Size, By Geography, 2013-2020 ($Million)
Table 9 Global Ultrasonic Emission Market Size, By Geography, 2013-2020 ($Million)
Table 10 Global Lubricant Oil Analysis Market Size, By Geography, 2013-2020 ($Million)
Table 11 Global Corrosion Monitoring Market Size, By Geography, 2013-2020 ($Million)
Table 12 Global Mcsa Market Size, By Geography, 2013-2020 ($Million)
Table 13 Global Machine Health Monitoring Market Size, By Components 2013-2020 ($Million)
Table 14 Global Vibration Monitoring Market Size, By Components, 2013-2020 ($Million)
Table 15 North America Vibration Monitoring Market Size, By Components, 2013-2020 ($Million)
Table 16 Europe Vibration Monitoring Market Size, By Components, 2013-2020 ($Million)
Table 17 APAC Vibration Monitoring Market Size, By Components, 2013-2020 ($Million)
Table 18 ROW Vibration Monitoring Market Size, By Components, 2013-2020 ($Million)
Table 19 Global Thermography Market Size, By Components, 2013-2020 ($Million)
Table 20 North America Thermography Market Size, By Components, 2013-2020 ($Million)
Table 21 Europe Thermography Market Size, By Components, 2013-2020 ($Million)
Table 22 APAC Thermography Market Size, By Components, 2013-2020 ($Million)
Table 23 ROW Thermography Market Size, By Components, 2013-2020 ($Million)
Table 24 Global Lubricant Oil Analysis Market Size, By Components, 2013-2020 ($Million)
Table 25 North America Lubricant Oil Analysis Market Size, By Components, 2013-2020 ($Million)
Table 26 Europe Lubricant Oil Analysis Market Size, By Components, 2013-2020 ($Million)
Table 27 APAC Lubricant Oil Analysis Market Size, By Components, 2013-2020 ($Million)
Table 28 ROW Lubricant Oil Analysis Market Size, By Components, 2013-2020 ($Million)
Table 29 Global Ultrasonic Emission Market Size, By Components, 2013-2020 ($Million)
Table 30 North America Ultrasonic Emission Market Size, By Components, 2013-2020 ($Million)
Table 31 Europe Ultrasonic Emission Market Size, By Components, 2013-2020 ($Million)
Table 32 APAC Ultrasonic Emission Market Size, By Components, 2013-2020 ($Million)
Table 33 ROW Ultrasonic Emission Market Size, By Components, 2013-2020 ($Million)
Table 34 Global Corrosion Monitoring Market Size, By Components, 2013-2020 ($Million)
Table 35 North America Corrosion Monitoring Market Size, By Components, 2013-2020 ($Million)
Table 36 Europe Corrosion Monitoring Market Size, By Components, 2013-2020 ($Million)
Table 37 APAC Corrosion Monitoring Market Size, By Components, 2013-2020 ($Million)
Table 38 ROW Corrosion Monitoring Market Size, By Components, 2013-2020 ($Million)
Table 39 Global Mcsa Market Size, By Components, 2013-2020 ($Million)
Table 40 North America Mcsa Market Size, By Components, 2013-2020 ($Million)
Table 41 Europe Mcsa Market Size, By Components, 2013-2020 ($Million)
Table 42 APAC Mcsa Market Size, By Components, 2013-2020 ($Million)
Table 43 ROW Mcsa Market Size, By Components, 2013-2020 ($Million)
Table 44 Global Machine Health Monitoring Market Size, By Application, 2013-2020 ($Million)
Table 45 Market Size For Aerospace & Defense, By Geography, 2013-2020 ($Million)
Table 46 North America Market Size For Aerospace & Defense, By Country, 2013-2020 ($Million)
Table 47 Europe Market Size For Aerospace & Defense, By Country, 2013-2020 ($Million)
Table 48 APAC Market Size For Aerospace & Defense, By Country, 2013-2020 ($Million)
Table 49 ROW Market Size For Aerospace & Defense, By Region, 2013-2020 ($Million)
Table 50 Machine Health Monitoring Market Size For Automotive, By Geography, 2013-2020 ($Million)
Table 51 North America Market Size For Automotive, By Country, 2013-2020 ($Million)
Table 52 Europe Market Size For Automotive, By Country, 2013-2020 ($Million)
Table 53 APAC Market Size For Automotive, By Country, 2013-2020 ($Million)
Table 54 ROW Market Size For Automotive, By Region, 2013-2020 ($Million)
Table 55 Machine Health Monitoring Market Size For Chemicals, By Geography, 2013-2020 ($Million)
Table 56 North America Market Size For Chemicals, By Country, 2013-2020 ($Million)
Table 57 Europe Market Size For Chemicals, By Country, 2013-2020 ($Million)
Table 58 APAC Market Size For Chemicals, By Country, 2013-2020 ($Million)
Table 59 ROW Market Size For Chemicals, By Region, 2013-2020 ($Million)
Table 60 Machine Health Monitoring Market Size For Marine, By Geography, 2013-2020 ($Million)
Table 61 North America Market Size For Marine, By Country, 2013-2020 ($Million)
Table 62 Europe Market Size For Marine, By Country, 2013-2020 ($Million)
Table 63 APAC Market Size For Marine, By Country, 2013-2020 ($Million)
Table 64 ROW Market Size For Marine, By Region, 2013-2020 ($Million)
Table 65 Machine Health Monitoring Market Size For Mining, By Geography, 2013-2020 ($Million)
Table 66 North America Market Size For Mining, By Country, 2013-2020 ($Million)
Table 67 Europe Market Size For Mining, By Country, 2013-2020 ($Million)
Table 68 APAC Market Size For Mining, By Country, 2013-2020 ($Million)
Table 69 ROW Market Size For Mining, By Region, 2013-2020 ($Million)
Table 70 Machine Health Monitoring market Size For Oil & Gas, By Geography, 2013-2020 ($Million)
Table 71 North America Market Size For Oil & Gas, By Country, 2013-2020 ($Million)
Table 72 Europe Market Size For Oil & Gas, By Country, 2013-2020 ($Million)
Table 73 APAC Market Size For Oil & Gas, By Country, 2013-2020 ($Million)
Table 74 ROW Market Size For Oil & Gas, By Region, 2013-2020 ($Million)
Table 75 Machine Health Monitoring Market Size For Power, By Geography, 2013-2020 ($Million)
Table 76 North America Market Size For Power, By Country, 2013-2020 ($Million)
Table 77 Europe Market Size For Power, By Country, 2013-2020 ($Million)
Table 78 APAC Market Size For Power, By Country, 2013-2020 ($Million)
Table 79 ROW Market Size For Power, By Region, 2013-2020 ($Million)
Table 80 Machine Health Monitoring Market Size For Other Applications, By Geography, 2013-2020 ($Million)
Table 81 North America Market Size For Other Applications, By Country, 2013-2020 ($Million)
Table 82 Europe Market Size For Other Applications, By Country, 2013-2020 ($Million)
Table 83 APAC Market Size For Other Applications, By Country, 2013-2020 ($Million)
Table 84 ROW Market Size For Other Applications, By Region, 2013-2020 ($Million)
Table 85 Global Machine Health Monitoring Market Size, By Geography, 2013-2020 ($Million)
Table 86 North America Market Size, By Product, 2013-2020 ($Million)
Table 87 North America Market Size, By Component, 2013-2020 ($Million)
Table 88 North America Market Size, By Application, 2013-2020 ($Million)
Table 89 U.S. Market Size, By Application, 2013-2020 ($Million)
Table 90 Canada Market Size, By Application, 2013-2020 ($Million)
Table 91 Mexico Market Size, By Application, 2013-2020 ($Million)
Table 92 Europe Market Size, By Product, 2013-2020 ($Million)
Table 93 Europe Market Size, By Component, 2013-2020 ($Million)
Table 94 Europe Market Size, By Application, 2013-2020 ($Million)
Table 95 U.K. Market Size, By Application, 2013-2020 ($Million)
Table 96 Germany Market Size, By Application, 2013-2020 ($Million)
Table 97 France Market Size, By Application, 2013-2020 ($Million)
Table 98 Spain Market Size, By Application, 2013-2020 ($Million)
Table 99 Italy Market Size, By Application, 2013-2020 ($Million)
Table 100 Rest of Europe Market Size, By Application, 2013-2020 ($Million)
Table 101 APAC Market Size, By Product, 2013-2020 ($Million)
Table 102 APAC Market Size, By Component, 2013-2020 ($Million)
Table 103 APAC Market Size, By Application, 2013-2020 ($Million)
Table 104 China Market Size, By Application, 2013-2020 ($Million)
Table 105 India Market Size, By Application, 2013-2020 ($Million)
Table 106 Japan Market Size, By Application, 2013-2020 ($Million)
Table 107 Australia Market Size, By Application, 2013-2020 ($Million)
Table 108 Rest of APAC Market Size, By Application, 2013-2020 ($Million)
Table 109 ROW Market Size, By Product, 2013-2020 ($Million)
Table 110 ROW Market Size, By Component, 2013-2020 ($Million)
Table 111 ROW Market Size, By Application, 2013-2020 ($Million)
Table 112 Middle East Market Size, By Application, 2013-2020 ($Million)
Table 113 South America Market Size, By Application, 2013-2020 ($Million)
Table 114 Africa Market Size, By Application, 2013-2020 ($Million)
Table 115 Machine Health Monitoring: New Product Developments
Table 116 Mergers and Acquisitions
Table 117 Partnerships/Agreements/Contracts/Awards
List of Figures
Figure 1 Machine Health Monitoring: Market Segmentation
Figure 2 Research Methodology
Figure 3 Market Size Estimation
Figure 4 Market Crackdown and Data Triangulation
Figure 5 Major Companies in Machine Health Monitoring Market and Their Market Share Analysis For 2013
Figure 6 Machine Health Monitoring: Market Overview
Figure 7 Market Overview
Figure 8 Evolution of Machine Health Monitoring Technologies
Figure 9 Market Drivers: Impact Analysis
Figure 10 Market Restraints: Impact Analysis
Figure 11 Cloud Technology
Figure 12 Value Chain
Figure 13 Porter's Five Forces Analysis
Figure 14 Porter's Five Forces Analysis: Threat From New Entrants
Figure 15 Porter's Five Forces Analysis: Threat From Substitutes
Figure 16 Porter's Five Forces Analysis: Bargaining Power of Suppliers
Figure 17 Porter's Five Forces Analysis: Bargaining Power of Buyers
Figure 18 Porter's Five Forces Analysis: Degreeof Competition
Figure 19 Machine Health Monitoring: Product Types
Figure 20 Market: By Components
Figure 21 Market: By Application
Figure 22 Market: By Geography
Figure 23 Market Lifecycle, By Geography
Figure 24 North America Machine Health Monitoring Market Share, By Country, 2013 (%)
Figure 25 Europe Market Share, By Country, 2013 (%)
Figure 26 APAC Market Share, By Country, 2013 (%)
Figure 27 ROW Market Share, By Country, 2013 (%)
Figure 28 Key Growth Strategies of Machine Health Monitoring Market, 2011-2014
Figure 29 Major Companies and Their Market Share Analysis For 2013
Figure 30 Azima Dli Corporation: Company Snapshot
Figure 31 Azima Dli: Product Portfolio
Figure 32 Bruel & Kjaer: Company Snapshot
Figure 33 Bruel & Kjaer: Product Portfolio
Figure 34 CTRL Systems, Inc. : Company Snapshot
Figure 35 CTRL Systems, Inc. : Product Portfolio
Figure 36 Emerson Process Management: Company Snapshot
Figure 37 Emerson Process Management: Product Portfolio
Figure 38 Emerson Process Management: SWOT Analysis
Figure 39 Fluke Corporation: Company Snapshot
Figure 40 Fluke Corporation: Product Portfolio
Figure 41 General Electric Company: Company Snapshot
Figure 42 General Electric Company: Product Portfolio
Figure 43 General Electric Company: SWOT Analysis
Figure 44 Honeywell International, Inc.: Company Snapshot
Figure 45 Honeywell International, Inc.: Product Portfolio
Figure 46 Honeywell International, Inc.: SWOT Analysis
Figure 47 National Instruments Corporation: Company Snapshot
Figure 48 National Instruments Corporation: Product Portfolio
Figure 49 Parker Hannifin Corporation: Company Snapshot
Figure 50 Parker Hannifin Corporation: Product Portfolio
Figure 51 Parker Hannifin Corporation: SWOT Analysis
Figure 52 Rockwell Automation, Inc.: Company Snapshot
Figure 53 Rockwell Automation, Inc.: Product Portfolio
Figure 54 Rockwell Automation, Inc.: SWOT Analysis
Figure 55 Scanimetrics : Company Snapshot
Figure 56 SKF AB: Company Snapshot
Figure 57 SKF AB: Product Portfolio
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