Market Overview

Global Machine Condition Monitoring Market 2018-2022| Americas Dominates the Global Market| Technavio


According to the latest market research report released by Technavio,
the global machine condition monitoring market is expected to accelerate
at a CAGR of over 4% during the forecast period. Wireless communication
gaining momentum in industries is one of the key factors triggering the
growth of the market.

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Technavio has published a new market research report on the global machine condition monitoring mark ...

Technavio has published a new market research report on the global machine condition monitoring market from 2018-2022 (Graphic: Business Wire)

This research report titled ‘Global
Machine Condition Monitoring Market 2018-2022
' provides an
in-depth analysis of the market in terms of revenue and emerging market
trends. It also includes an up-to-date analysis and forecasts for
various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

The market research analysis categorizes the global machine condition
monitoring market into the following regions:

  • Americas
  • EMEA
  • APAC

In 2017, the Americas accounted for 36.30% of the global market and is
projected to reach 36.91% by 2022, exhibiting almost a 0.61% increase in
market share. The EMEA region will register a decline in the market
share with a decrement of 1.04%.

Global machine condition monitoring market: Top emerging trend

Numerous end-user industries are adopting machine condition monitoring
systems that can be integrated into their existing Information
Technology (IT) infrastructure. This integration confirms that the test
operating conditions are met and enhances the overall accuracy of the
systems. The emergence of integrated machine condition monitoring system
or condition monitoring equipment has been identified as one of the key
trends, which will gain traction in the machine condition monitoring
market during the forecast period.

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Technavio's report provides expert market research on the following

Executive Report

  • Market Outline
  • Global Machine Condition Monitoring Market Overview

Market Insights

  • Market Sizing and Forecasts
  • Market Growth
  • Market Drivers and Challenges
  • Key Emerging Trends

Market Segmentation Analysis

  • Regional comparison (APAC, Americas, and EMEA)
  • Key leading countries
  • Market segmentation by end-user (power industry, cement and metal
    industry, oil and gas industry, chemical and petrochemical industry,
    pulp and paper industry, and automotive industry)

Vendor Landscape

  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
  • Analysis of top vendors (Emerson Electric, General Electric, Honeywell
    International, National Instruments, Rockwell Automation, and SKF)

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