Europe 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
The rate of adoption of automated technologies for manufacturing purposes in developed countries has surged over the years. This has led the countries to experience the growth of smart factories. The countries with a significantly higher number of manufacturing facilities include France, Germany, the UK, among others, are continually seeking automated technologies in manufacturing facilities across industries. With continuously rising demand for production across industries, the expansion of manufacturing facilities is one of the crucial strategies adopted by the manufacturers. The growing number of manufacturing facilities positively impacts the demand for automated solutions as new and technologically advanced machinery requires constant monitoring of components during operation. Pertaining to this, the demand for condition monitoring solutions is surging among industries such as aerospace & defense, automotive, oil & gas, manufacturing, food & beverage, power generation, and chemicals, among others. Thus, throttling the growth of machine condition monitoring market.
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Market Overview and Dynamics
The Europe machine condition monitoring market was valued at US$ 686.7 million in 2019 and is expected to grow at a CAGR of 5.2% during the forecast period to reach US$ 1,030.2 million by 2027. The usage of condition monitoring solutions enables manufacturers and maintenance staff to easily identify the problem in a machine and act according to the intensity of the issue. This reduces the time associated with the identification of the issue manually, also the downtime cost, thereby resulting in optimized productivity. The industrial sector across the region are heavily emphasizing condition monitoring and diagnostics within respective manufacturing facilities to determine critical parameters such as vibration, noise, and temperature. Continuous monitoring of machines using advanced technologies facilitates the manufacturers to increase their productivity and gain profit. The growing demand for condition monitoring solutions across industries is throttling the growth of machine condition monitoring market.
Key Market Segments
In terms of monitoring technique, the vibration monitoring segment accounted for a largest share of the Europe 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 Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. The major companies listed in the Europe 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 Europe 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 Europe machine condition monitoring market.
- It helps efficiently plan merger and acquisition, and partnership deals in the Europe 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 Europe machine condition monitoring market.
- It provides market revenue forecast of the market based on various segments for the period from 2020 to 2027.
EUROPE 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
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
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 Europe – 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 – Europe Analysis
6.1 Europe 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 Europe: Machine Condition Monitoring Market, By Country
12.1.1.1 Germany: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
12.1.1.1.1 Germany: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.1.2 Germany: Machine Condition Monitoring Market, by Offering
12.1.1.1.2.1 Germany: Machine Condition Monitoring Market, by Hardware
12.1.1.1.3 Germany: Machine Condition Monitoring Market, by Deployment Type
12.1.1.1.4 Germany: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.1.5 Germany: Machine Condition Monitoring Market, by End User
12.1.1.2 France: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
12.1.1.2.1 France: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.2.2 France: Machine Condition Monitoring Market, by Offering
12.1.1.2.2.1 France: Machine Condition Monitoring Market, by Hardware
12.1.1.2.3 France: Machine Condition Monitoring Market, by Deployment Type
12.1.1.2.4 France: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.2.5 France: Machine Condition Monitoring Market, by End User
12.1.1.3 Italy: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
12.1.1.3.1 Italy: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.3.2 Italy: Machine Condition Monitoring Market, by Offering
12.1.1.3.2.1 Italy: Machine Condition Monitoring Market, by Hardware
12.1.1.3.3 Italy: Machine Condition Monitoring Market, by Deployment Type
12.1.1.3.4 Italy: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.3.5 Italy: Machine Condition Monitoring Market, by End User
12.1.1.4 UK: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
12.1.1.4.1 UK: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.4.2 UK: Machine Condition Monitoring Market, by Offering
12.1.1.4.2.1 UK: Machine Condition Monitoring Market, by Hardware
12.1.1.4.3 UK: Machine Condition Monitoring Market, by Deployment Type
12.1.1.4.4 UK: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.4.5 UK: Machine Condition Monitoring Market, by End User
12.1.1.5 Russia: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
12.1.1.5.1 Russia: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.5.2 Russia: Machine Condition Monitoring Market, by Offering
12.1.1.5.2.1 Russia: Machine Condition Monitoring Market, by Hardware
12.1.1.5.3 Russia: Machine Condition Monitoring Market, by Deployment Type
12.1.1.5.4 Russia: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.5.5 Russia: Machine Condition Monitoring Market, by End User
12.1.1.6 Rest of Europe: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
12.1.1.6.1 Rest of Europe: Machine Condition Monitoring Market, by Monitoring Technique
12.1.1.6.2 Rest of Europe: Machine Condition Monitoring Market, by Offering
12.1.1.6.2.1 Rest of Europe: Machine Condition Monitoring Market, by Hardware
12.1.1.6.3 Rest of Europe: Machine Condition Monitoring Market, by Deployment Type
12.1.1.6.4 Rest of Europe: Machine Condition Monitoring Market, by Monitoring Process
12.1.1.6.5 Rest of Europe: Machine Condition Monitoring Market, by End User
13. Impact of Coronavirus Outbreak
13.1 Impact of COVID-19 Pandemic On Europe Machine Condition Monitoring Market
13.1.1 Europe: Impact Assessment of COVID-19 Pandemic
14. Industry Landscape
14.1 Overview
14.2 Market Initiative
14.3 New Development
15. Company Profiles
15.1 Honeywell International Inc.
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Schaeffler Technologies AG & Co. KG
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 General Electric Company
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 Emerson Electric Co.
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 Parker Hannifin Corporation
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 Rockwell Automation, Inc.
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
15.7 SKF
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Products and Services
15.7.4 Financial Overview
15.7.5 SWOT Analysis
15.7.6 Key Developments
15.8 ALS Limited
15.8.1 Key Facts
15.8.2 Business Description
15.8.3 Products and Services
15.8.4 Financial Overview
15.8.5 SWOT Analysis
15.8.6 Key Developments
15.9 National Instruments Corporation
15.9.1 Key Facts
15.9.2 Business Description
15.9.3 Products and Services
15.9.4 Financial Overview
15.9.5 SWOT Analysis
15.9.6 Key Developments
16. Appendix
16.1 About The Insight Partners
16.2 Word Index
LIST OF TABLES
Table 1. Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. Europe Machine Condition Monitoring Market, By Country – Revenue and Forecast to 2027 (US$ Million)
Table 3. Germany Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 4. Germany Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 5. Germany Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 6. Germany Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 7. Germany Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 8. Germany Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 9. France Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 10. France Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 11. France Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 12. France Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027(US$ Million)
Table 13. France Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 14. France Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 15. Italy Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 16. Italy Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 17. Italy Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 18. Italy Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 19. Italy Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 20. Italy Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 21. UK Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 22. UK Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 23. UK Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 24. UK Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 25. UK Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 26. UK Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 27. Russia Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 28. Russia Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 29. Russia Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 30. Russia Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 31. Russia Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 32. Russia Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 33. Rest of Europe Machine Condition Monitoring Market, By Monitoring Technique – Revenue and Forecast to 2027 (US$ Million)
Table 34. Rest of Europe Machine Condition Monitoring Market, By Offering – Revenue and Forecast to 2027 (US$ Million)
Table 35. Rest of Europe Machine Condition Monitoring Market, By Hardware – Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of Europe Machine Condition Monitoring Market, By Deployment Type – Revenue and Forecast to 2027 (US$ Million)
Table 37. Rest of Europe Machine Condition Monitoring Market, By Monitoring Process – Revenue and Forecast to 2027 (US$ Million)
Table 38. Rest of Europe Machine Condition Monitoring Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 39. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Machine Condition Monitoring Market Segmentation
Figure 2. Europe Machine Condition Monitoring Market Segmentation – By Countries
Figure 3. Europe Machine Condition Monitoring Market Overview
Figure 4. Europe Machine Condition Monitoring Market, By Monitoring Technique
Figure 5. Europe Machine Condition Monitoring Market, By End User
Figure 6. Europe – 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. Europe: Machine Condition Monitoring Market Revenue Share, By Country (2019 and 2027)
Figure 44. Germany: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 45. France: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 46. Italy: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 47. UK: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 48. Russia: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 49. Rest of Europe: Machine Condition Monitoring Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. Impact of COVID-19 Pandemic In Europe 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
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