Welcome!

News Feed Item

Machine Condition & Health Monitoring Market: 7.16% CAGR Forecast to 2020 in New Research Report

DALLAS, August 29, 2014 /PRNewswire/ --

The global machine health monitoring market is expected to reach $2.50 Billion at a CAGR of 7.16% from 2014 to 2020. Machine Health Monitoring Market by Product (vibration monitoring, thermography, ultrasound emission, lubricating oil analysis, corrosion monitoring, motor current signature analysis), Component, Application and Geography - Global Forecast to 2014 - 2020 research report is of 353 pages and includes the detailed value chain analysis of the machine health monitoring industry. Complete report is available at http://www.reportsnreports.com/reports/290941-machine-health-monitoring-market-by-product-vibration-monitoring-thermography-ultrasound-emission-lubricating-oil-analysis-corrosion-monitoring-motor-current-signature-analysis-component-application-and-geography-global-forecast-to-2014-2020.html .

GE (U.S.) is one of the key players of machine health monitoring market. The company entered the machine health monitoring market by acquiring Bently Nevada (U.S.) in February 2002, which was one of the leaders at that time. Bently Nevada is a Machine Health Monitoring Equipment Company that provides services for systems and monitors machinery vibrations. GE's Bently Nevada product line is a leading player in machine health monitoring. Bently Nevada provides machinery protection and monitoring for refineries, petrochemical plants, power plants, and wind farms. The Bently Nevada product portfolio comprises monitoring systems, sensors and transducers, software, test and calibration equipment, custom products, and more. In August 2011, GE acquired Commtest (New Zealand) to boost Bently Nevada's product portfolio. This acquisition helped to bring more integrated offerings to their customers that took into account the health of the entire plant. The company has focused on developing new products through sustained research and making strategic acquisitions for enhancing their product portfolio.

Emerson Process Management (U.S.), a leading provider of automation technologies, is one of the primary companies in the machine health monitoring market. Emerson provides CSI technologies for machine health monitoring. CSI technologies consist of machine health monitoring solutions such as continuous projection, protection, and monitoring, portable technologies, vibration transmitters, sensors, machinery health management software, and equipment performance monitoring. The company comprises online monitoring tools under CSI technologies. The company offers a complete range of machine health monitoring equipment to provide reliability, cost efficiency, less downtime, high maintenance and profitability to its customers. Its strong geographic presence makes it well positioned to capitalize on the current trends in this industry.

The major drivers for the machine health monitoring market are the improvement in equipment reliability by effective projection of their failures, achieving reduction in frequency and severity of equipment downtimes, maximizing component life by proper scheduling of maintenance programs, maximizing equipment performance and throughput, ensuring the safety of equipment and personnel, and many more. There are restraints in the market such as achieving return on investment from machine health monitoring, unpredictable maintenance periods, and requirement of asset modifications to retrofit existing systems with machine health monitoring sensors that may inhibit the market growth. The increasing demand from emerging economies is one of the key opportunities for the process analyzer market.

Machine health monitoring industry companies profiled in this report include Azima Dli Corporation, Bruel & Kjaer , CTRL Systems, Inc. , Emerson Process Management , Fluke Corporation , General Electric Company , Honeywell International, Inc. , National Instruments Corporation , Parker Hannifin Corporation , Rockwell Automation, Inc. , Scanimetrics and SKF AB. Order a copy of Machine Health Monitoring Market 2014-2020 research report at http://www.reportsnreports.com/Purchase.aspx?name=290941 .

Key Takeaways 

  • The total revenue of the Machine Health Monitoring market is expected to grow at an estimated CAGR of 7.16% from 2014-2020
  • Analysis of the global market with special focus on high growth applications in each verticals and fast growing market segments
  • Statistics by component, product type, application type, and geography, with a detailed classification splits by revenue
  • Porter's analysis in detail along with the impact
  • Major market trends, drivers, restraints, and opportunities for the Machine Health Monitoring market
  • Illustrative segmentation, analysis, and forecast of the major geographic markets to give an overall view of the Machine Health Monitoring market
  • The future of Machine Health Monitoring market from technical as well as market oriented perspectives
  • Detailed competitive landscape with identification of the key players with in-depth market share analysis including individual revenue, and market share rankings.

Other newly published reports on semiconductors and electronics industry available with ReportsnReports.com include:

Image Sensor Market by Technology (CMOS, CCD), Spectrum, Array, Scanning Method, Application (Consumer Electronics, Healthcare, Industrial, Security, Automotive, Aerospace, and Defense) and by Geography - Analysis and Forecast (2013 - 2020) research report says the industry is expected to grow at a CAGR of 8.06% from 2014 to 2020. The APAC market accounts for the highest market share of 38.30% during 2013, and is expected to grow at a CAGR of 10.15% from 2014 to 2020; whereas North America and Europe is expected to grow at a CAGR of 6.29% and 5.30% from 2014 to 2020. Companies like Aptina Imaging Corporation (U.S.), Canon Inc. (Japan), CMOSIS (Belgium), OmniVision Technologies, Inc. (U.S.), ON Semiconductor (U.S.), Samsung Group (South Korea), Sony Corporation (Japan), STMicroelectronics N.V. (Switzerland), Teledyne DALSA (Canada), and Toshiba Corporation (Japan) are discussed in this report available at http://www.reportsnreports.com/reports/267141-image-sensors-market-analysis-and-forecast-2013-2018-by-applications-healthcare-endoscopy-radiology-ophthalmology-surveillance-automobile-consumer-defense-industrial-technology-ccd-cmos-contact-is-infrared-x-ray-and-geography.html .

Water Automation and Instrumentation Market by Process stage (Collection, Treatment and Distribution), Automation Technology, Instrumentation, End user Application and Geography - Analysis & Forecast (2014 - 2020) is a research report of 350 pages. This report analyzes the ecosystem of the industry, and the key market by process stage that includes collection, treatment and distribution of water and by technology that includes distribution control system, supervisory control and data acquisition, programmable logic controller, human machine interface, manufacturing execution system, identity & access management, and laboratory information management system. The instrument segment covers the pressure transmitter, level transmitter, temperature transmitter, electromagnetic flow meters, sludge density measurement, gas and liquid analyzer, leakage detection systems and high and low AC drives. The application segment covers the market share of different applications for water automation and instrumentation. The report also provides the geographic view for major regions such as the Americas, Europe, Middle East, Asia-Pacific (APAC), and Africa. This report also discusses the burning issues, market dynamics, and winning imperatives for the water automation and instrumentation market. The key players active in the market are General Electric (U.S.), Siemens AG (Germany), ABB (Switzerland), Emersion Electric (US), and Rockwell Automation (U.S.) among others.  Read more at http://www.reportsnreports.com/reports/296166-water-automation-and-instrumentation-market-by-process-stage-collection-treatment-and-distribution-automation-technology-instrumentation-end-user-application-and-geography-analysis-forecast-2014-2020-.html .

About Us: 

ReportsnReports.com is an online market research reports library of 400,000+ in-depth studies of over 5000 micro markets. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers.

Connect With Us on: 

Facebook: https://www.facebook.com/pages/ReportsnReports/191441427571689

LinkedIn: http://www.linkedin.com/company/reportsnreports

Twitter: https://twitter.com/marketsreports

Pinterest: http://www.pinterest.com/comeonseo/reportsnreports/

Contact:
Priyank Tiwari
TX, Dallas North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas 75252
Tel: +1-888-391-5441
[email protected]
http://www.marketoptimizer.org/


SOURCE ReportsnReports

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory?
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
DevOps at Cloud Expo – being held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real r...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software in the hope of capturing value in IoT. Although IoT is relatively new in the market, it has already gone through many promotional terms such as IoE, IoX, SDX, Edge/Fog, Mist Compute, etc. Ultimately, irrespective of the name, it is about deriving value from independent software assets participating in an ecosystem as one comprehensive solution.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
SYS-CON Events announced today that A&I Solutions has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 1999, A&I Solutions is a leading information technology (IT) software and services provider focusing on best-in-class enterprise solutions. By partnering with industry leaders in technology, A&I assures customers high performance levels across all IT environments including: mai...
SYS-CON Events announced today that Systena America will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Systena Group has been in business for various software development and verification in Japan, US, ASEAN, and China by utilizing the knowledge we gained from all types of device development for various industries including smartphones (Android/iOS), wireless communication, security technology and IoT serv...
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
SYS-CON Events announced today that Outscale will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outscale's technology makes an automated and adaptable Cloud available to businesses, supporting them in the most complex IT projects while controlling their operational aspects. You boost your IT infrastructure's reactivity, with request responses that only take a few seconds.
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...