Machine Condition Monitoring Market to Register a CAGR of 6.8% Globally during 2017–2025

Global Machine Condition Monitoring Market to Register a CAGR of 6.8% during
2017–2025
Progressive Markets has published a recent report on the semiconductor and
machine sector, titled, “Global Machine Condition Monitoring Market- Size, Trend,
Share, Opportunity Analysis & Forecast, 2014-2025”. According to it, the global
machine condition monitoring industry is anticipated to register a CAGR of 6.8%
during the period, 2017–2025. It offers projection of the market and analyzes
present industry trends and probable future market dynamics.
The study describes the global machine condition monitoring market in reference
to scope. It divides the industry into technology, geography, and industry vertical.
It incorporates research methodology, such as Porter’s Five Forces Analysis (PFFA)
to assess industry rivalry. It covers parameters which include power to bargain by
suppliers & buyers and threat of new entrants & substitutes. In addition, it analyzes
industry dynamics and its effect upon the market. The study also incorporates
summary which includes recent advancement, market attractiveness, and trend
analysis. Based on technology, it classifies the industry into lubricating oil analysis,
corrosion monitoring, vibration analysis & diagnostics, infrared thermography,
ultrasound emission testing, and motor current signature analysis (MCSA).
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https://www.progressivemarkets.com/industry-research/machine-condition-monitoring-market
According to the report, industry vertical of the global machine condition
monitoring market include oil and gas, chemical & petrochemical, steel and metal,
automotive, and pharmaceutical. Geographically, it categorizes the industry into
Latin America Middle East & Africa (LAMEA), Asia-Pacific, Europe, and North
America. Further, it analyzes market share of technology, industry vertical, and
region for the period, 2014–2025. It assesses industry size of each industry vertical
and technology by regions during the historic period as well as forecast period,
2014–2016 and 2017–2025, respectively. It also discusses top manufactures of the
industry, such as Honeywell International Inc., Emerson Process Management,
General Electric Company, Rockwell Automation, Inc., National Instruments
Corporation, and others.

The experts describe factors that are capable to drive the global machine condition
monitoring market. These include decrease in cost of repair owing to the fact that
the industry eliminates sudden downtime. They also discuss alternative factors that
propel growth of the industry, such as better life and appropriate maintenance of
machines. Apart from this, the research also explores aspects that hinder
prosperity of the market. These include extra cost suffered owing to minor errors
while monitoring machine condition. It discusses abovementioned firms based on
norms set, such as recent advancements. It also explores finance and business
segment of every manufacturer.
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The report depicts the abovementioned characteristics of the global machine
condition monitoring market in the form of figures and tables. For instance, there
are tables that show revenue generated by each segment of the industry. There are
also tables that illustrate overview of top vendors under heading of “snapshot”.
Table of Content for Machine Condition Monitoring Industry
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and Recent Industry Development Analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining Power of Buyers
3.3.2. Bargaining Power of Suppliers
3.3.3. Threat of Substitutes

3.3.4. Industry Rivalry
3.3.5. Threat of New Entrants
3.4. Global Machine Condition Monitoring Market Shares Analysis, 2014 -2025
3.4.1. Global machine condition monitoring market share by technology, 2014 -2025
Continued…
List of Tables
Contain 38 Tables
List of Figures
Contain 51 Figures
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About Progressive
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to build its own reference base. It maintains consistency in quality as it keeps itself updated with
changes in market dynamics and gauging its net effect on global business trends.
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