[September 18, 2014]

Research and Markets: Global Machine Condition Monitoring (Vibration Monitoring, Thermography, Ultrasound Emission, Lubricating Oil Analysis, Corrosion Monitoring, and Motor Current Signature Analysis) Market 2013-2020

Research and Markets (http://www.researchandmarkets.com/research/bsnjnj/machine_condition) has announced the addition of the "Machine Condition Monitoring Market by Product, Component, Application, and Geography - Global Forecast 2013-2020" report to their offering.

The machine condition monitoring market is expected to grow at a CAGR of 7.16% from 2014 to 2020, and reach $2.50 Billion in 2020.

The machine condition monitoring market is expected to witness a moderate growth as the markets of the U.S. and Europe have almost reached the saturation levels. The demand is expected to come from the emerging economies which are witnessing increasing automation activities in the near future.

It plays vital role to meet the requirements of advances in technology and growing face automation together with more complexity. It predicts the faults of machinery before failure. It improves reliability and cost effectiveness of existing machinery and provides useful information for future developments.

Machine condition monitoring prevents breakdons and optimizes maintenance resources where they are needed. It assesses the heath of a machine by periodic monitoring and analyzes the data obtained during operation.

The need for prevention in all types of production machinery will be the driving factor for further advancements in machine condition monitoring.

Key Points:

• The total revenue of the Machine Condition 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
• The report includes statistics by component, product type, application type, and geography, with a detailed classification splits by revenue
• Porter's analysis in detail along with their impact
• Major market trends, drivers, restraints, and opportunities for the Machine Condition Monitoring market
• Illustrative segmentation, analysis, and forecast of the major geographical markets to give an overall view of the Machine Condition Monitoring market
• The future of Machine Condition 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.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Market Overview

4 Market Dynamics

5 Machine Condition Monitoring Market By Products

6 Market By Component

7 Market By Application

8 Market By Geography

9 Competitive Landscape

10 Company Profiles

• Azima Dli Corporation
• Bruel & Kjaer
• CTRL Systems, Inc.
• Emerson (News - Alert) Process Management
• Fluke Corporation
• General Electric Company
• Honeywell International, Inc.
• National Instruments (News - Alert) Corporation
• Parker Hannifin Corporation
• Rockwell Automation, Inc.
• SKF AB
• Scanimetrics

For more information visit http://www.researchandmarkets.com/research/bsnjnj/machine_condition

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