2019 Machine Condition Monitoring Equipment Report - Global Annual Market Analysis, Trends, and Forecasts 2016-2024

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Dublin, June 12, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONSStudy Reliability and Reporting LimitationsData Interpretation & Reporting LevelQuantitative Techniques & AnalyticsProduct Definitions and Scope of StudyVibration Monitoring EquipmentThermography EquipmentLubricating Oil Analysis EquipmentCorrosion Monitoring Equipment2. INDUSTRY OVERVIEWCondition Based Maintenance Comes Out of the Shadows as Smart Management of Assets Spirals into the SpotlightEmergence of Industry 4.0 & IIoT as a Novel Support System for Intelligent Maintenance Drives Opportunities for Condition MonitoringMarket OverviewFrom Corrective to Prescriptive, Machine Condition Monitoring Makes Its Evolutionary Turn Towards Smart Asset ManagementArtificial Intelligence in Machine Condition Monitoring Gains GroundContinued Recovery in Global GDP & Manufacturing PMI Promises Stronger Growth for the Machine Condition Monitoring MarketUbiquity of Rotating Machinery in Industrial Plants Sustains the Dominance of Vibration Monitoring SystemsEven as the Oil Industry Regains Balance at the Back of Oil Price Rise & Supply Increases, Volatility Will Continue to Shape StrategySkyrocketing Oil Exploration CostsBusiness Case for Operational Excellence Stands ExemplifiedGrowing Energy Consumption & Production Drives the Need for Condition Monitoring in Power PlantsInsatiable Need for EnergyChanging Power Generation Dynamics & Rise of Peaking Power PlantsOutsourced Condition Monitoring Services to Gain MomentumTechnology Innovations to Support Long-Term Growth in the MarketWireless Sensor Networks, Sensor Fusion & Multi-Sensor Monitoring: The Three Major Technology BuzzwordsMaintenance from a Distance: The New Buzz Word for Prognostic Machine Health MonitoringGrowth of Precision Mechanics & the Ensuing Increase in the Use of Machine Tools to Benefit Condition Monitoring of Machine ToolsThe Rise of Cloud Based Business Models Sparks a Revolution in Condition MonitoringIntegration of Condition Monitoring With Asset Management: A Key Strategy Aimed At Productivity GainsMarket Outlook3. AN INSIGHT INTO KEY PRODUCT MARKETSVibration Condition MonitoringOnline Vibration Monitoring SystemsMinimizing Maintenance ExpensesIntegrating Condition Data with Process DataElegant Products for Vibration Isolation ApplicationMicromachined Accelerometers - A Cost-effective Solution to Machine Condition MonitoringThermography EquipmentRecent Developments in Thermography Condition MonitoringMarket for Thermal Imaging Equipment Continues to SwellLubricating Oil Analysis Condition Monitoring EquipmentPlant Asset Management and Condition Monitoring Market4. PRODUCT OVERVIEWMonitoring - Not an Alternative to InspectionMachine Condition Monitoring - An IntroductionFunctioning of the Machine Condition Monitoring SystemVibration Monitoring EquipmentThermography EquipmentLubricating Oil Analysis EquipmentSignificance of LubricationLubrication ManagementOil AnalysisWear Debris AnalysisOil and Wear Debris AnalysisSoftware to Maintain Consolidated Lubrication ProgramCorrosion MonitoringPrevention is Better Than CureCorrosion Monitoring TechniquesElectrochemical TechniquesElectrochemical Noise (EN)EIS TechniqueLinear Polarization Resistance (LPR)Metal Loss TechniquesElectrical Resistance (E/R) ProbesCeion and Microcor TechnologiesWeight Loss CouponsNew Software for Monitoring Pipe CorrosionCORMIT TechnologyDigital Fieldbus Technology - A ReviewIntroduction to Fieldbus TechnologyDigital Fieldbus - Ideal Solution for Integrating Control and Condition MonitoringAdvantages of Integrating Control and Condition Monitoring Data5. COMPETITIVE LANDSCAPE5.1 Focus on Select Players5.2 Product Introductions/DevelopmentsITT Upgrades Bluetooth i-ALERT Monitoring SolutionEriks Launches Industry 4.0 Compatible e-ConnectOmron Introduces Four Series of Condition Monitoring DevicesSchuler Launches Pipe ID 4.0 Process Control SystemArundo Analytics Launches Arundo CPM ApplicationFLIR Unveils intelliRock III Concrete Profiling SolutionFluke Launches Fluke 3560 FC Vibration SensorFluke Expands the Condition Monitoring System to include Thermal MonitoringNidec Introduces FORECYTETeledyne Upgrades its CEION and DCU Product LinesSKF Launches SKF Enlight CentrePurafil Launches OnGuard SmartLumaSense Introduces ThermalSpection 724 Substation Asset Monitoring SystemParker Kittiwake Unveils Condition Monitoring Starter KitParker Hannifin Launches Bluetooth-powered SensorsSKF Introduces New Condition Monitoring EquipmentWenco Introduces New Machine Condition Monitoring SystemGE Launches Online Continuous Monitoring SystemORBCOMM Unveils Cargo Security & Condition Monitoring Solution5.3 Recent Industry ActivityCosasco Secures a Contract from Afcons Infrastructure for Corrosion Monitoring SystemsSdra Cell Selects Intellinova Parallel EN Online System from SPMSPM Receives an Order from VPK Packaging for Online Intellinova SystemsSPM Receives an Order from SSAB for Intellinova Parallel EN ReplacementCosasco Partners with SensorlinkCosasco Wins a Contract from Afcons InfrastructureSCA Packaging Obbola Invest in SBM's Two Online SystemsNordic Paper motfors Invest in SPM's Condition Monitoring EquipmentBKV Acquires SETPOINT Technology PlatformCosasco Wins a $3M Contract from L&T for Corrosion Monitoring SystemsBaker Hughes Merges with GE Oil & GasCosasco Signs a Mutual Sales Agreement with YokogawaStatoil Enters into a Five-Year Framework Contract with ClampOnEmerson to Acquire PermasenseCargill Selects Azima DLI to Supply Whole-Plant Monitoring ServicesAzima DLI Receives Supply Order from CargillAzima DLI Receives Supply Order from SETECHBrel & Kjr Vibro Receives Order to Supply Machine Protection & Data Acquisition System6. GLOBAL MARKET PERSPECTIVE7. REGIONAL MARKET PERSPECTIVE8. COMPANY PROFILESTotal Companies Profiled: 106 (including Divisions/Subsidiaries - 123)

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Globe Newswire: 16:28 GMT Wednesday 12th June 2019

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