This report contains market size and forecasts of Machine Condition Monitoring Equipment in global, including the following market information:
- Global Machine Condition Monitoring Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Machine Condition Monitoring Equipment Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Machine Condition Monitoring Equipment companies in 2021 (%)
The global Machine Condition Monitoring Equipment market was valued at 2384.7 million in 2021 and is projected to reach US$ 3142.2 million by 2028, at a CAGR of 4.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Vibration Monitoring Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Machine Condition Monitoring Equipment include General Electric, Corrpro Companies, Emerson Electric, Alava Ingenieros, AB SKF, Honeywell International, Parker Hannifin, Rockwell Automation and Azima Dli Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Machine Condition Monitoring Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Machine Condition Monitoring Equipment Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Machine Condition Monitoring Equipment Market Segment Percentages, by Type, 2021 (%)
- Vibration Monitoring
- Ultrasound Emission
- Thermography
- Lubricating Oil Analysis
- Corrosion Monitoring
- Motor Current Signature Analysis
- Others
Global Machine Condition Monitoring Equipment Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Machine Condition Monitoring Equipment Market Segment Percentages, by Application, 2021 (%)
- Aerospace & Defense
- Automotive
- Chemical
- Marine
- Metals & Mining
- Oil & Gas
- Energy & Power
- Others
Global Machine Condition Monitoring Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Machine Condition Monitoring Equipment Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Machine Condition Monitoring Equipment revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Machine Condition Monitoring Equipment revenues share in global market, 2021 (%)
- Key companies Machine Condition Monitoring Equipment sales in global market, 2017-2022 (Estimated), (K Units)
- Key companies Machine Condition Monitoring Equipment sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- General Electric
- Corrpro Companies
- Emerson Electric
- Alava Ingenieros
- AB SKF
- Honeywell International
- Parker Hannifin
- Rockwell Automation
- Azima Dli Corporation
- SAJ Engineering
- Trading Company
- The Timken Company
- National Instruments
- Brel & Kjr Vibro
- Danaher Corporation