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Global Machine Condition Monitoring Market Opportunities and Forecast 2020-2027

  • DLR1992
  • 18 October, 2021
  • Electronics & Semiconductor
  • Pages: 120
  • Global
Global Machine Condition Monitoring Market, By Monitoring Techniques (Thermography, Oil Analysis, Corrosion Monitoring, Vibration Monitoring, Ultrasound Emission, Motor Current Analysis), By Monitoring Process (Tactile Switches, Click Switches, Linear Switchers), By End User (Oil & Gas, Power Generation,Chemicals,Automotive,Others) and opportunities and forecast 2020-2027

Machine Condition Monitoring Market Overview

Growing conversion, along with significant growth within the oil and gas, automotive, defences, aerospace, manufacturing, food and beverage, and marine industries, is one in all the key factors creating a positive outlook for the market. In addition, much technological advancement, such as the utilization of secure cloud computing platforms, wireless technologies, and therefore the integration with the internet of Things, square measure acting as different important growth-inducing factors. Moreover, increasing awareness concerning preventive maintenance among the masses is additionally driving the market growth. The machine condition monitoring system offers exceptional advantages like enhancing safety, minimizing maintenance price, rising operational efficiency, increasing machine dependability and availability, and eliminating the probabilities of chronic failure, thereby increasing the machine’s lifetime.
 
Advancements in technology like low-cost advanced machine condition observation systems, direct communication processes, and fast process functions are anticipated to drive the market’s growth. On the other hand, the restricted availability of skilled resources for information analysis and therefore the growing dependability issues within the prediction capabilities of machine condition watching technology can hamper the market over the approaching years. Some staff trusts their instincts and experiences to assess the health of machines that's not perpetually an honest choice. There is also cases whereby operators will invalidate the analysis supported their own experiences or lack confidence within the prediction capabilities of condition watching technology.
 
Experienced operators are uncertain about the diagnostics and predictions created by machine condition monitoring systems. Because of errors created by these machines is that the kind of dropped service outages, metrics, and unreliable alerting signals. Moreover, operators might not take the new method of planning and maintaining the performance of machines, thereby resulting in disapprovals for the implementation of successful machine condition monitoring programs. This can be attributable to the complexity of creating systems that will embody several assets. It’s going to be difficult to put in machine condition watching systems and solutions.
 
Report Metric Details
Market size available for years 2019–2027
Base year considered 2019
Forecast period 2020–2027
Forecast unit Value (USD Million)
Segments covered Monitoring Techniques, Monitoring Process, Industry Verticals, and Region
Regions covered North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered ASL Limited, Emerson Electric Co., General Electric Co. Honeywell International Inc., National Instruments, Parker-Hannifin Corp., Rockwell Automation, Schaeffler Technologies,SKF,Wilcoxon Sensing Technologies


The covid-19 Impact on Machine Condition Monitoring Market:

Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
 
Machine Condition Monitoring Market Segment Overview



By Monitoring Techniques, The motor current analysis segment is anticipated to expand at the next CAGR throughout the outlook amount because of the increasing adoption of recent motor analysis to predict and cut back motor failure problems like bearing failure, overloading, vibration, or misalignment unbalanced or indirect voltage. Moreover, the automotive trade is focussing on upgrading and automating its assembly line, that will increase the demand for motor monitoring solutions because it could be a important a part of the machine. Motor current analysis helps decrease the likelihood of a machine breakdown, enhance its lifetime, and scale back overall energy consumption.
 
By Monitoring Process, the market is segmented into online condition monitoring and moveable condition watching. Online condition monitoring holds a big share of the Machine Condition monitoring Market. On-line condition watching is a complicated monitoring method, and it provides period plant knowledge to staff, leading to its larger adoption than the moveable condition watching method.
 
By Industry Verticals, Because of the rising stress on reducing operational costs and increasing profit, the oil & gas trade is predicted to extend at the next CAGR throughout the projection prices. The variation of oil costs across the globe additional will increase the pressure to attenuate operative costs on the trade, which is able to promote the adoption of machine condition monitoring systems to scale back operational & maintenance costs and reduce the likelihood of machine downtime.
 
Market Analysis, Insights and Forecast – By Monitoring Techniques 
·       Thermography
·       Oil Analysis
·       Corrosion Monitoring
·       Vibration Monitoring
·       Ultrasound Emission
·       Motor Current Analysis

Market Analysis, Insights and Forecast – By Monitoring Process
·        Tactile Switches
·        Clicky Switches
·        Linear Switches

Market Analysis, Insights and Forecast – By Industry Verticals
·       Oil & Gas
·       Power Generation
·       Chemicals
·       Automotive
·       Others
 
Machine Condition Monitoring Market Regional Overview

Region-wise, in terms of regions, the dominance of North America is majorly attributed to the presence of large industrial sectors the largest America, Canada, and Mexico. The America accounts for the biggest share within the region, that is attributable to the existence of well-established and rising condition monitoring solution suppliers. in addition, the country dominates the region with the power of a considerably higher number of manufacturing facilities across its borders.

Machine Condition Monitoring Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Machine Condition Monitoring Market Competitor overview

Some key developments and strategies adopted by manufacturers in the Machine Condition Monitoring are highlighted below.
 
·       In 2020, With Schaeffler OPTIME, comprehensive and automated condition monitoring is currently a cost-effective proposition for maintenance personnel and facility operators. Schaeffler OPTIME has become an economical and easy-to-use low-priced solution designed specifically for the excellent condition monitoring of all indirectly process-critical assets across entire machine and equipment parks.

Machine Condition Monitoring Market, Key Players

·       ASL Limited
·       Emerson Electric Co.
·       General Electric Co.
·       Honeywell International Inc.
·       National Instruments
·       Parker-Hannifin Corp.
·       Rockwell Automation
·       Schaeffler Technologies
·       SKF
·       Wilcoxon Sensing Technologies


 

Frequently Asked Questions (FAQ) :

Q1. What is the total CAGR expected to be recorded for the Machine Condition Monitoring market during the forecast period?

A. Machine Condition Monitoring market is expected to record a CAGR of ~5.5% during the forecast period.

Q2. Which segment is projected to hold the largest share in the Machine Condition Monitoring Market?

A. The Oil and Gas segment is projected to hold the largest share in the Machine Condition Monitoring Market

Q3. What are the driving factors for the Machine Condition Monitoring market?

A. The continuous growth within the variety of producing facilities across the world is reflecting the rise in demand for condition observation. The exacerbating competition across industries round the world is leading the manufacturers to extend their outputs with greater efficiency. The manufacturers increasingly more and more that specialize in analysing the health and operability of every quality that is sanctioning the makers to grow productivity and earn profit.

Q4. Which Segments are covered in the Machine Condition Monitoring market report?

A. Monitoring Techniques, Monitoring Process, Industry Vetical , and Region, these segments are covered in the Machine Condition Monitoring market report.

Q5. Which are the prominent players offering Machine Condition Monitoring?

A. ASL Limited,Emerson Electric Co.,General Electric Co.,Honeywell International Inc.,National Instruments, Parker-Hannifin Corp,Rockwell Automation,Schaeffler Technologies,SKF,Wilcoxon Sensing Technologies
Machine Condition Monitoring Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Machine Condition Monitoring Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Monitoring Techniques
        • 5.2.1. Thermography
        • 5.2.2. Oil Analysis
        • 5.2.3. Corrosion Monitoring
        • 5.2.4. Vibration Monitoring
        • 5.2.5. Ultrasound Emission
        • 5.2.6. Motor Current Analysis
      • 5.3. Market Analysis, Insights and Forecast – By Monitoring Process
        • 5.3.1. Tactile Switches
        • 5.3.2. Clicky Switches
        • 5.3.3. Linear Switches
      • 5.4. Market Analysis, Insights and Forecast – By Industry Verticals
        • 5.4.1. Oil & Gas
        • 5.4.2. Power Generation
        • 5.4.3. Chemicals
        • 5.4.4. Automotive
        • 5.4.5. Others
      • 5.5. Market Analysis, Insights and Forecast – By Region
        • 5.5.1. North America
        • 5.5.2. Europe
        • 5.5.3. Asia Pacific
        • 5.5.4. Latin America, Middle East, and Africa

      6. North America Machine Condition Monitoring Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Monitoring Techniques
        • 6.2.1. Thermography
        • 6.2.2. Oil Analysis
        • 6.2.3. Corrosion Monitoring
        • 6.2.4. Vibration Monitoring
        • 6.2.5. Ultrasound Emission
        • 6.2.6. Motor Current Analysis
      • 6.3. Market Analysis, Insights and Forecast – By Monitoring Process
        • 6.3.1. Tactile Switches
        • 6.3.2. Clicky Switches
        • 6.3.3. Linear Switches
      • 6.4. Market Analysis, Insights and Forecast – By Industry Verticals
        • 6.4.1. Oil & Gas
        • 6.4.2. Power Generation
        • 6.4.3. Chemicals
        • 6.4.4. Automotive
        • 6.4.5. Others
      • 6.5. Market Analysis, Insights and Forecast – By Country
        • 6.5.1. U.S.
        • 6.5.2. Canada

      7. Europe Machine Condition Monitoring Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Monitoring Techniques
        • 7.2.1. Thermography
        • 7.2.2. Oil Analysis
        • 7.2.3. Corrosion Monitoring
        • 7.2.4. Vibration Monitoring
        • 7.2.5. Ultrasound Emission
        • 7.2.6. Motor Current Analysis
      • 7.3. Market Analysis, Insights and Forecast – By Monitoring Process
        • 7.3.1. Tactile Switches
        • 7.3.2. Clicky Switches
        • 7.3.3. Linear Switches
      • 7.4. Market Analysis, Insights and Forecast – By Industry Verticals
        • 7.4.1. Oil & Gas
        • 7.4.2. Power Generation
        • 7.4.3. Chemicals
        • 7.4.4. Automotive
        • 7.4.5. Others
      • 7.5. Market Analysis, Insights and Forecast – By Country
        • 7.5.1. UK
        • 7.5.2. Germany
        • 7.5.3. France
        • 7.5.4. Italy
        • 7.5.5. Spain
        • 7.5.6. Russia
        • 7.5.7. Rest of Europe

      8. Asia Pacific Machine Condition Monitoring Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Monitoring Techniques
        • 8.2.1. Thermography
        • 8.2.2. Oil Analysis
        • 8.2.3. Corrosion Monitoring
        • 8.2.4. Vibration Monitoring
        • 8.2.5. Ultrasound Emission
        • 8.2.6. Motor Current Analysis
      • 8.3. Market Analysis, Insights and Forecast – By Monitoring Process
        • 8.3.1. Tactile Switches
        • 8.3.2. Clicky Switches
        • 8.3.3. Linear Switches
      • 8.4. Market Analysis, Insights and Forecast – By Industry Verticals
        • 8.4.1. Oil & Gas
        • 8.4.2. Power Generation
        • 8.4.3. Chemicals
        • 8.4.4. Automotive
        • 8.4.5. Others
      • 8.5. Market Analysis, Insights and Forecast – By Country
        • 8.5.1. China
        • 8.5.2. India
        • 8.5.3. Japan
        • 8.5.4. Australia
        • 8.5.5. South East Asia
        • 8.5.6. Rest of Asia Pacific

      9. Latin America, Middle East, and Africa Machine Condition Monitoring Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Monitoring Techniques
        • 9.2.1. Thermography
        • 9.2.2. Oil Analysis
        • 9.2.3. Corrosion Monitoring
        • 9.2.4. Vibration Monitoring
        • 9.2.5. Ultrasound Emission
        • 9.2.6. Motor Current Analysis
      • 9.3. Market Analysis, Insights and Forecast – By Monitoring Process
        • 9.3.1. Tactile Switches
        • 9.3.2. Clicky Switches
        • 9.3.3. Linear Switches
      • 9.4. Market Analysis, Insights and Forecast – By Industry Verticals
        • 9.4.1. Oil & Gas
        • 9.4.2. Power Generation
        • 9.4.3. Chemicals
        • 9.4.4. Automotive
        • 9.4.5. Others
      • 9.5. Market Analysis, Insights and Forecast – By Country
        • 9.5.1. Brazil
        • 9.5.2. Saudi Arabia
        • 9.5.3. UAE
        • 9.5.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. ASL Limited
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Emerson Electric Co.
      • 10.6. General Electric Co.
      • 10.7. Honeywell International Inc.
      • 10.8. National Instruments
      • 10.9. Parker-Hannifin Corp.
      • 10.10. Rockwell Automation
      • 10.11. Schaeffler Technologies
      • 10.12. SKF
      List of Figures

      Figure 1: Global Machine Condition Monitoring Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
      Figure 2: Global Machine Condition Monitoring Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 3: Global Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 4: Global Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 5: Global Machine Condition Monitoring Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 6: Global Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 7: Global Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 8: Global Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 9: Global Machine Condition Monitoring Market Forecast (USD Billion), by Others, 2016-2027
      Figure 10: Global Machine Condition Monitoring Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 11: Global Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 12: Global Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 13: Global Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 14: Global Machine Condition Monitoring Market Forecast (USD Billion), by Others, 2016-2027
      Figure 15: Global Machine Condition Monitoring Market Value (USD Billion), by Region, 2019 & 2027
      Figure 16: North America Machine Condition Monitoring Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 17: North America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 18: North America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 19: North America Machine Condition Monitoring Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 20: North America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 21: North America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 22: North America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 23: North America Machine Condition Monitoring Market Forecast (USD Billion), by Others, 2016-2027
      Figure 24: North America Machine Condition Monitoring Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 25: North America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 26: North America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 27: North America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 28: North America Machine Condition Monitoring Market Forecast (USD Billion), by Others, 2016-2027
      Figure 29: North America Machine Condition Monitoring Market Forecast (USD Billion), by U.S., 2016-2027
      Figure 30: North America Machine Condition Monitoring Market Forecast (USD Billion), by Canada, 2016-2027
      Figure 31: Latin America Machine Condition Monitoring Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 32: Latin America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 33: Latin America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 34: Latin America Machine Condition Monitoring Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 35: Latin America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 36: Latin America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 37: Latin America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 38: Latin America Machine Condition Monitoring Market Forecast (USD Billion), by Others, 2016-2027
      Figure 39: Latin America Machine Condition Monitoring Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 40: Latin America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 41: Latin America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 42: Latin America Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 43: Latin America Machine Condition Monitoring Market Forecast (USD Billion), by Others, 2016-2027
      Figure 44: Latin America Machine Condition Monitoring Market Forecast (USD Billion), by Brazil, 2016-2027
      Figure 45: Latin America Machine Condition Monitoring Market Forecast (USD Billion), by Mexico, 2016-2027
      Figure 46: Latin America Machine Condition Monitoring Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
      Figure 47: Europe Machine Condition Monitoring Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 48: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 49: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 50: Europe Machine Condition Monitoring Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 51: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 52: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 53: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 54: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Others, 2016-2027
      Figure 55: Europe Machine Condition Monitoring Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 56: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 57: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 58: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 59: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Others, 2016-2027
      Figure 60: Europe Machine Condition Monitoring Market Forecast (USD Billion), by U.K., 2016-2027
      Figure 61: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Germany, 2016-2027
      Figure 62: Europe Machine Condition Monitoring Market Forecast (USD Billion), by France, 2016-2027
      Figure 63: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Italy, 2016-2027
      Figure 64: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Spain, 2016-2027
      Figure 65: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Russia, 2016-2027
      Figure 66: Europe Machine Condition Monitoring Market Forecast (USD Billion), by Rest of Europe, 2016-2027
      Figure 67: Asia Pacific Machine Condition Monitoring Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 68: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 69: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 70: Asia Pacific Machine Condition Monitoring Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 71: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 72: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 73: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 74: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Others, 2016-2027
      Figure 75: Asia Pacific Machine Condition Monitoring Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 76: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 77: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 78: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 79: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Others, 2016-2027
      Figure 80: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by China, 2016-2027
      Figure 81: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by India, 2016-2027
      Figure 82: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Japan, 2016-2027
      Figure 83: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Australia, 2016-2027
      Figure 84: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Southeast Asia, 2016-2027
      Figure 85: Asia Pacific Machine Condition Monitoring Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
      Figure 86: Middle East & Africa Machine Condition Monitoring Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 87: Middle East & Africa Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 88: Middle East & Africa Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 89: Middle East & Africa Machine Condition Monitoring Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 90: Middle East & Africa Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 91: Middle East & Africa Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 92: Middle East & Africa Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 93: Middle East & Africa Machine Condition Monitoring Market Forecast (USD Billion), by Others, 2016-2027
      Figure 94: Middle East & Africa Machine Condition Monitoring Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 95: Middle East & Africa Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 96: Middle East & Africa Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 97: Middle East & Africa Machine Condition Monitoring Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 98: Middle East & Africa Machine Condition Monitoring Market Forecast (USD Billion), by Others, 2016-2027
      Figure 99: Middle East & Africa Machine Condition Monitoring Market Forecast (USD Billion), by GCC, 2016-2027
      Figure 100: Middle East & Africa Machine Condition Monitoring Market Forecast (USD Billion), by South Africa, 2016-2027
      Figure 101: Middle East & Africa Machine Condition Monitoring Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
      List of Tables
      Table 1: Global Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 2: Global Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 3: Global Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 4: Global Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Region, 2016-2027
      Table 5: North America Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 6: North America Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 7: North America Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 8: North America Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 9: Europe Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 10: Europe Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 11: Europe Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 12: Europe Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 13: Latin America Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 14: Latin America Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 15: Latin America Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 16: Latin America Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 17: Asia Pacific Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 18: Asia Pacific Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 19: Asia Pacific Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 20: Asia Pacific Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 21: Middle East & Africa Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 22: Middle East & Africa Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 23: Middle East & Africa Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 24: Middle East & Africa Machine Condition Monitoring Market Revenue (USD Billion) Forecast, by Country, 2016-2027

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