Press release
Global Machine Condition Monitoring Sensors Market Forcast To Grow At CAGR Of 6.52% Between 2017-2021
About Machine Condition Monitoring Sensors Market
Machine condition monitoring sensors are devices that are used for condition-based maintenance and monitoring of machines and industrial assets. They help in timely detection of machine damage, thereby reducing the operational expense for an organization. The global machine condition monitoring sensors market is segmented based on type, namely vibration, infrared, oil analysis, and other sensors. End-users of this market are oil and gas, power generation, aerospace and defense, chemical and petrochemical, and others.
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Technavios analysts forecast the global machine condition monitoring sensors market to grow at a CAGR of 6.52% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global machine condition monitoring sensors market for 2017-2021. To calculate the market size, the report considers the sales and replacement market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Machine Condition Monitoring Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Connection Technology Center
Emerson
Parker Hannifin
Rockwell Automation
SKF
Other prominent vendors
CM Technologies
Fluke
HBM
ifm electronic
Ludeca
Meggitt
Mitsubishi Electric
National Instruments
NVMS Measurements Systems
PCB Piezotronics (MTS Systems)
PRFTECHNIK Dieter Busch
SDT Ultrasound Solutions
Valmet
Xi'an Kacise Optronics
Market driver
Rise in demand for wireless vibration sensors
For a full, detailed list, view our report
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Market challenge
High maintenance and replacement costs
For a full, detailed list, view our report
Market trend
Adoption of real-time monitoring
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by type
Market overview
Global machine condition monitoring sensors market by vibration sensors
Global machine condition monitoring sensors market by infrared sensors
Global machine condition monitoring sensors market by oil analysis sensors
Global machine condition monitoring sensors market by other sensors
PART 07: Market segmentation by end-user
Market overview
Global machine condition monitoring sensors market in the oil and gas industry
Global machine condition monitoring sensors market in the power generation industry
Global machine condition monitoring sensors market in the aerospace and defense industry
Global machine condition monitoring sensors market in the chemical and petrochemical industry
Global machine condition monitoring sensors market in the others industry
PART 08: Geographical segmentation
Market overview
Machine condition monitoring sensors market in Americas
Machine condition monitoring sensors market in EMEA
Machine condition monitoring sensors market in APAC
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Market challenges
PART 11: Market trends
Adoption of real-time monitoring
Growing R&D and innovations
Increasing online machine condition monitoring in developing countries
PART 12: Vendor landscape
Competitive landscape
Other prominent vendors
PART 13: Key vendor analysis
Connection Technology Center
Emerson
Parker Hannifin
Rockwell Automation
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