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World Condition Monitoring Equipment and Services Market
Need for Integration with Plant Asset Management and CMMS Propels the Market
“Condition monitoring techniques are witnessing strong demand as organizations across the world are increasingly using such solutions for
improving performance from plant assets, thereby resulting in better productivity, and substantial savings”
Test & Measurement Analyst Team
Frost & Sullivan
• Consolidation has resulted in the acquisition of some of the key industry players by larger entities. Synergies of consolidations will continue to impact market.
• Increasing need for Integration of Condition Monitoring systems with Plant Asset Management systems and CMMS towards monitoring of total asset health.
• Industry downturn and pursuit of cost optimization has resulted in manpower reduction in maintenance departments of organizations. This trend offers greater opportunities for condition monitoring services, especially in North America and Western Europe.
• Inadequate awareness in market regarding condition monitoring as investment rather than expense
• Shift of manufacturing to developing countries resulting is strong growth potential in these markets.
Industry Trends
Frost & Sullivan provides:
• Detailed insights into recent developments and trends
• Opportunities, challenges, and strategic demand recommendations
• Analyst insights on ‘hot topics’ and emerging opportunities in the Condition Monitoring Equipment and Services Market
• Market sizing and in-depth end-user analysis in the Condition Monitoring Equipment Market
• Market forecasts and analysis
Key Features
• Global Coverage: North America, Europe, Asia Pacific, Rest of world
• Proven methodology encompassing extensive primary and secondary data and research
• Focused information and strategies that cover business and technology issues
• Credible data and analysis highlighting industry dynamics
• Winning strategies to help you create precise business plans
What We Offer
Current Market Participants• Find out how you compare to the competition• Assess current and future drivers and restraints• Determine and exploit market share opportunities through new end-user
application demand
New Entrants • Analyze challenges associated with the industry• Calculate forecasts for end-user growth potential• Position yourself to capitalize on the market’s unmet needs
Investment Community• Analyze long-term strategies of condition monitoring equipment and
service companies• Determine which participants will outperform the competition• Assess attractiveness of investing in the condition monitoring equipment
and services market
Who Will Benefit?
Segment wise analysis of industry by the following condition
monitoring equipment or service:
• Vibration Condition Monitoring• Lubricating Oil Analysis• Thermography
What’s Included
Key Market Participants
ABB DLI EngineeringBently Nevada Corp.Bruel & Kjaer Emerson Electric Co. - CSIFLIR Systems, Inc. Mikron Instruments Co., Inc. National Instruments Corp.NECPerkin Elmer, Inc.Raytheon Commercial Infrared/ Raytheon Co.Rockwell Automation Entek IRDSKF Condition Monitoring/ SKF Reliability
SystemsSpectro, Inc.Thermo Group
• Call toll free 877 GO FROST
(877.463.7876)
• Fax toll free 888.690.3329
• Email [email protected]
• Visit www.frost.com
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