DUBLIN--(BUSINESS WIRE)--The "Equipment Monitoring - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Equipment Monitoring market worldwide is projected to grow by US$1.7 Billion, driven by a compounded growth of 6.4%.
Vibration Monitoring, one of the segments analyzed and sized in this study, displays the potential to grow at over 7.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.4 Billion by the year 2025, Vibration Monitoring will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 7.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$77.6 Million to the region's size and clout in the next 5 to 6 years. Over US$79.6 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Vibration Monitoring will reach a market size of US$136.7 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.1% over the next couple of years and add approximately US$292.2 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- Analog Devices, Inc.
- Emerson Electric Company
- FLIR Systems, Inc.
- Fluke Corporation
- General Electric Company
- National Instruments Corporation
- Parker Hannifin Corporation
- PCB Piezotronics, Inc.
- Petasense, Inc
- Pruftechnik Dieter Busch AG.
- Rockwell Automation, Inc.
- Siemens AG
- SKF Group
- SPM Instrument
- Yokogawa Electric Corporation
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- The Market Primer
- Vibration monitoring: The Largest Segment
- Europe Constitutes One of the Largest Regions for Equipment Monitoring Market
- Smart Sensors and Machine Monitoring
- Equipment Monitoring through Telematics Transforming the Industry
- INNOVATIONS AND ADVANCEMENTS
- ONEPROD's FALCON: An Innovative Tool for Vibration Measurement and analysis
- Innovative Vibration Management Solutions from TEXCEL
- ECOTECH's 01dB Range of Noise and Vibration Measurement Products
- Pepperl+Fuchs' CorrTran Corrosion Transmitter Technology
- ELA Innovation's Wireless Temperature Sensor, ITEMS TD, Monitors Production Equipment in Real-Time
- PRODUCT OVERVIEW
- Equipment Monitoring System
- Heavy Equipment Monitoring
- Vibration Monitoring and Analysis
- Continuous Vibration Monitoring Benefits
- Thermal Monitoring Systems
- Continuous Monitoring Reduces Fire Risks
- Infrared Sensors for Thermal Monitoring
- Corrosion Monitoring and Techniques
- Direct Technique
- Indirect Technique
- Noise Monitoring and Measuring Noise Exposure
- Motor Current Monitoring Solutions
- Global Competitor Market Shares
- Equipment Monitoring Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Equipment Monitoring Market Share (in %) by Company: 2019 & 2025
- Market Analytics
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Equipment Monitoring Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
IV. COMPETITION
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/6a8om1
