Asia Pacific Machine Condition Monitoring Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Monitoring Technique (Vibration Monitoring, Thermography, Oil Analysis, Corrosion Monitoring, Ultrasound Emission, and Motor Current Analysis); Offering (Hardware and Software); Deployment (On Premise and Cloud); Monitoring Process (Online Condition Monitoring and Portable Condition Monitoring); and End User (Oil & Gas, Power Generation, Automotive, Aerospace & Defense, Food & Beverage, Manufacturing and Others), and Country
Market Introduction
APAC industrialization is monumental, and the pace of manufacturing is climbing at a rapid rate over the years. The continuous growth in the number of manufacturing facilities across the region is reflecting the rise in demand for condition monitoring. The intensifying competition across industries around the region is leading the manufacturers to increase their outputs with greater efficiency. The manufacturers are increasingly focusing on analyzing the health and operability of each asset, which is enabling the manufacturers to grow productivity and earn profit. The governments of various economies of the APAC region are taking initiatives to boost their country’s manufacturing sector. Some of these initiatives includes ‘Make in India’, and ‘Made in China 2025’ among others. Also, the governments of various developing economies in the region are providing tax-rebates, funds, subsidiaries and other such provisions to support the industrialization in the region. The continuous growth in industrialization through governmental support is generating substantial demand for advanced technologies across industries, which is thereby catalyzing the machine condition monitoring market.
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Market Overview and Dynamics
The APAC machine condition monitoring market was valued at US$ 596.1 million in 2019 and is expected to grow at a CAGR of 6.7% during the forecast period to reach US$ 988.3 million by 2027. The region has a robust automotive sector, which is supported by the growing automotive manufacturing industry in countries such as India, China, and South Korea. Countries such as India, China, South Korea, and Japan are among the leading vehicle manufacturing countries across the world. Other significant industries include oil & gas, power generation, consumer electronics, mining, construction, and F&B, among others. The presence of huge numbers of manufacturing facilities across industries in the region is supporting the growth of machine condition monitoring market in the APAC region.
Key Market Segments
In terms of monitoring technique, the vibration monitoring segment accounted for a largest share of the APAC machine condition monitoring market in 2019. Ultrasound emission segment held the second largest share in the market, based on monitoring technique, in 2019. The thermography segment is anticipated to surge at a prime rate during the forecast period from 2020 to 2027.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the machine condition monitoring market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. The major companies listed in the APAC machine condition monitoring market report are Rockwell Automation, SKF, National Instruments, Emerson Electric Co, and General Electric, among others.
Reasons to buy report
- It provides understanding of the APAC machine condition monitoring market landscape and identifies market segments that are most likely to guarantee a strong return.
- It guides stay ahead of the race by comprehending the ever-changing competitive landscape for the APAC machine condition monitoring market.
- It helps efficiently plan merger and acquisition, and partnership deals in the APAC machine condition monitoring market by identifying market segments with the most promising probable sales
- It facilitates knowledgeable business decision-making through perceptive and comprehensive analysis of market performance of various segments pertaining to the APAC machine condition monitoring market.
- It provides market revenue forecast of the market based on various segments for the period from 2020 to 2027.
APAC MACHINE CONDITION MONITORING MARKET SEGMENTATION
- Vibration Monitoring
- Thermography
- Oil Analysis
- Corrosion Monitoring
- Ultrasound Emission
- Motor Current Analysis
By Offering
- Hardware
- Vibration Sensor
- Proximity Probes
- Tachometer
- Infrared Sensors
- Spectrometer
- Ultrasound Detectors
- Corrosion Probe
- Others
- Software
By Deployment Type
- On-premise
- Cloud
By Monitoring Process
- Online Condition Monitoring
- Portable Condition Monitoring
By End User
- Oil & Gas
- Power Generation
- Automotive
- Aerospace & Defense
- Food & Beverage
- Manufacturing
- Others
By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Companies Mentioned
- Honeywell International Inc.
- Schaeffler Technologies AG & Co. KG
- General Electric Company
- Emerson Electric Co.
- Parker Hannifin Corporation
- Rockwell Automation Inc.
- SKF
- ALS Limited
- National Instrument Corporation
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Machine Condition Monitoring Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia Pacific – PEST Analysis
4.3 Ecosystem Analysis
5. Machine Condition Monitoring Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Automated Solutions in Manufacturing Facilities
5.1.2 Accentuating Awareness among End Users in Developing Countries
5.2 Market Restraints
5.2.1 Maintenance and Lifespan of Machine Condition Monitoring Systems
5.3 Market Opportunities
5.3.1 Increasing Adoption of Wireless Technologies
5.4 Future Trends
5.4.1 Embedded Sensors and Smart Wireless Communication to Revolutionize the Market
5.5 Impact Analysis of Drivers and Restraints
6. Machine Condition Monitoring Market – APAC Analysis
6.1 APAC Machine Condition Monitoring Market Overview
6.2 Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Machine Condition Monitoring Market Analysis – By Monitoring Technique
7.1 Overview
7.2 Machine Condition Monitoring Market, By Monitoring Technique (2019 and 2027)
7.3 Vibration Monitoring
7.3.1 Overview
7.3.2 Vibration Monitoring: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Thermography
7.4.1 Thermography: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Oil Analysis
7.5.1 Oil Analysis: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Corrosion Monitoring
7.6.1 Corrosion Monitoring: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
7.7 Ultrasound Emission
7.7.1 Ultrasound Emission: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
7.8 Motor Current Analysis
7.8.1 Motor Current Analysis: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
8. Machine Condition Monitoring Market Analysis – By Offering
8.1 Overview
8.2 Machine Condition Monitoring Market, By Offering (2019 and 2027)
8.3 Hardware
8.3.1 Overview
8.3.2 Hardware: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
8.3.3 Vibration Sensors
8.3.3.1 Vibration Sensors: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
8.3.4 Proximity Probes
8.3.4.1 Proximity Probes: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
8.3.5 Tachometer
8.3.5.1 Tachometer: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
8.3.6 Infrared Sensors
8.3.6.1 Infrared Sensors: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
8.3.7 Spectrometer
8.3.7.1 Spectrometer: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
8.3.8 Ultrasound Detectors
8.3.8.1 Ultrasound Detectors: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
8.3.9 Corrosion Probes
8.3.9.1 Corrosion Probes: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
8.3.10 Other
8.3.10.1 Other: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Software
8.4.1 Software: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
8.4.2 Data Integrator
8.4.3 Diagnosis Reporting
8.4.4 Order Tracking Analysis
8.4.5 Parameter Calculation
9. Machine Condition Monitoring Market Analysis – By Deployment Type
9.1 Overview
9.2 Machine Condition Monitoring Market, By Deployment Type (2019 and 2027)
9.3 Cloud
9.3.1 Overview
9.3.2 Cloud: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
9.4 On-Premise
9.4.1 On-Premise: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
10. Machine Condition Monitoring Market Analysis – By Monitoring Process
10.1 Overview
10.2 Machine Condition Monitoring Market, By Monitoring Process (2019 and 2027)
10.3 Online Condition Monitoring
10.3.1 Overview
10.3.2 Online Condition Monitoring: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
10.4 Portable Condition Monitoring
10.4.1 Portable Condition Monitoring: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
11. Machine Condition Monitoring Market Analysis – By End User
11.1 Overview
11.2 Machine Condition Monitoring Market, By End User (2019 and 2027)
11.3 Oil & Gas
11.3.1 Overview
11.3.2 Oil & Gas: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
11.4 Power Generation
11.4.1 Power Generation: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
11.5 Automotive
11.5.1 Automotive: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
11.6 Aerospace & Defense
11.6.1 Aerospace & Defense: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
11.7 Food & Beverage
11.7.1 Food & Beverage: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
11.8 Manufacturing
11.8.1 Manufacturing: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
11.9 Other
11.9.1 Other: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
12. Machine Condition Monitoring Market Analysis – By Country
12.1.1 APAC: Machine Condition Monitoring Market, By Country
12.1.1.1 China: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
12.1.1.1.1 China: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.1.2 China: Machine Condition Monitoring Market, by Offering
12.1.1.1.2.1 China: Machine Condition Monitoring Market, by Hardware
12.1.1.1.3 China: Machine Condition Monitoring Market, by Deployment Type
12.1.1.1.4 China: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.1.5 China: Machine Condition Monitoring Market, by End User
12.1.1.2 India: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
12.1.1.2.1 India: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.2.2 India: Machine Condition Monitoring Market, by Offering
12.1.1.2.2.1 India: Machine Condition Monitoring Market, by Hardware
12.1.1.2.3 India: Machine Condition Monitoring Market, by Deployment Type
12.1.1.2.4 India: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.2.5 India: Machine Condition Monitoring Market, by End User
12.1.1.3 Japan: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
12.1.1.3.1 Japan: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.3.2 Japan: Machine Condition Monitoring Market, by Offering
12.1.1.3.2.1 Japan: Machine Condition Monitoring Market, by Hardware
12.1.1.3.3 Japan: Machine Condition Monitoring Market, by Deployment Type
12.1.1.3.4 Japan: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.3.5 Japan: Machine Condition Monitoring Market, by End User
12.1.1.4 South Korea: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
12.1.1.4.1 South Korea: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.4.2 South Korea: Machine Condition Monitoring Market, by Offering
12.1.1.4.2.1 South Korea: Machine Condition Monitoring Market, by Hardware
12.1.1.4.3 South Korea: Machine Condition Monitoring Market, by Deployment Type
12.1.1.4.4 South Korea: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.4.5 South Korea: Machine Condition Monitoring Market, by End User
12.1.1.5 Australia: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
12.1.1.5.1 Australia: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.5.2 Australia: Machine Condition Monitoring Market, by Offering
12.1.1.5.2.1 Australia: Machine Condition Monitoring Market, by Hardware
12.1.1.5.3 Australia: Machine Condition Monitoring Market, by Deployment Type
12.1.1.5.4 Australia: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.5.5 Australia: Machine Condition Monitoring Market, by End User
12.1.1.6 Rest of APAC: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
12.1.1.6.1 Rest of APAC: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.6.2 Rest of APAC: Machine Condition Monitoring Market, by Offering
12.1.1.6.2.1 Rest of APAC: Machine Condition Monitoring Market, by Hardware
12.1.1.6.3 Rest of APAC: Machine Condition Monitoring Market, by Deployment Type
12.1.1.6.4 Rest of APAC: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.6.5 Rest of APAC: Machine Condition Monitoring Market, by End User
13. Impact of Coronavirus Outbreak
13.1 Impact of COVID-19 Pandemic On APAC Machine Condition Monitoring Market
13.1.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
14. Company Profiles
14.1 Honeywell International Inc.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Schaeffler Technologies AG & Co. KG
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 General Electric Company
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Emerson Electric Co.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Parker Hannifin Corporation
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Rockwell Automation, Inc.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 SKF
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 ALS Limited
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 National Instruments Corporation
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. APAC Machine Condition Monitoring Market, By Country – Revenue and Forecast to 2027 (US$ Million)
Table 3. China Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 4. China Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 5. China Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 6. China Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 7. China Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 8. China Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 9. India Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 10. India Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 11. India Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 12. India Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 13. India Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 14. India Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 15. Japan Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 16. Japan Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 17. Japan Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 18. Japan Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 19. Japan Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 20. Japan Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 21. South Korea Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 22. South Korea Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 23. South Korea Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 24. South Korea Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 25. South Korea Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 26. South Korea Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 27. Australia Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 28. Australia Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 29. Australia Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 30. Australia Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 31. Australia Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 32. Australia Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 33. Rest of APAC Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 34. Rest of APAC Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 35. Rest of APAC Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of APAC Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 37. Rest of APAC Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 38. Rest of APAC Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 39. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Machine Condition Monitoring Market Segmentation
Figure 2. APAC Machine Condition Monitoring Market Segmentation – By Countries
Figure 3. APAC Machine Condition Monitoring Market Overview
Figure 4. APAC Machine Condition Monitoring Market, By Monitoring Technique
Figure 5. APAC Machine Condition Monitoring Market, By End User
Figure 6. Asia Pacific – PEST Analysis
Figure 7. Machine Condition Monitoring Market – Ecosystem Analysis
Figure 8. Machine Condition Monitoring Market: Impact Analysis of Drivers And Restraints
Figure 9. Geographic Overview of Machine Condition Monitoring Market
Figure 10. Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Machine Condition Monitoring Market Revenue Share, by Monitoring Technique (2019 and 2027)
Figure 12. Vibration Monitoring: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Thermography: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Oil Analysis: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Corrosion Monitoring: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Ultrasound Emission: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Motor Current Analysis: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Machine Condition Monitoring Market Revenue Share, by Offering (2019 and 2027)
Figure 19. Hardware: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Vibration Sensors: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Proximity Probes: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Tachometer: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Infrared Sensors: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Spectrometer: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Ultrasound Detectors: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Corrosion Probes: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. Other: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. Software: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Machine Condition Monitoring Market Revenue Share, by Deployment Type (2019 and 2027)
Figure 30. Cloud: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. On-Premise: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Machine Condition Monitoring Market Revenue Share, by Monitoring Process (2019 and 2027)
Figure 33. Online Condition Monitoring: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Portable Condition Monitoring: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 35. Machine Condition Monitoring Market Revenue Share, by End User (2019 and 2027)
Figure 36. Oil & Gas: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 37. Power Generation: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 38. Automotive: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
Figure 39. Aerospace & Defense: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
Figure 40. Food & Beverage: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
Figure 41. Manufacturing: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
Figure 42. Other: Machine Condition Monitoring Market –Revenue and Forecast to 2027 (US$ Million)
Figure 43. APAC: Machine Condition Monitoring Market Revenue Share, By Country (2019 and 2027)
Figure 44. China: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 45. India: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 46. Japan: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 47. South Korea: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 48. Australia: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 49. Rest of APAC: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. Impact of COVID-19 Pandemic In Asia Pacific Country Markets
- Honeywell International Inc.
- Schaeffler Technologies AG & Co. KG
- General Electric Company
- Emerson Electric Co.
- Parker Hannifin Corporation
- Rockwell Automation Inc.
- SKF
- ALS Limited
- National Instrument Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC machine condition monitoring market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the APAC machine condition monitoring market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution