Global Machine Condition Monitoring Equipment Market - Forecast to 2022 - Increasing Use of Remote Monitoring - Research & Ma...
December 09 2016 - 03:17PM
Business Wire
Research and Markets has announced the addition of the "Global
Machine Condition Monitoring Equipment Market Size, Share,
Development, Growth and Demand Forecast to 2022" report to their
offering.
Machine condition monitoring equipment market has gained
importance over the past few years, as the focus of companies on
productivity and asset utilization has significantly increased. The
increasing use of remote monitoring, growth in heating, ventilating
and air conditioning market, increasing demand for smart factories,
in addition to growing penetration of industrial internet of things
(IoT) are driving the growth of the global machine condition
monitoring equipment market.
The increasing usage of remote monitoring solutions with the
help of internet of things (IoT) has spurred the growth of the
global machine condition monitoring market. The remote monitoring
solutions helps in the controlling of equipment located in the
remote locations without the need of manually monitoring them. This
saves man-power, times, and reduces the cost involved in the
physical monitoring of machines installed in various industries.
The advancement in internet of things (IoT) in machine conditioning
is also driving the growth of the machine condition monitoring
equipment market.
North America accounted for the largest share in the global
machine condition monitoring equipment market, in terms of revenue
in 2015. The North American machine condition monitoring equipment
market is driven largely by the growing demand of condition
monitoring from oil & gas, power and energy, end user
segments.
Asia-Pacific along with other emerging countries of Latin
America and Middle East are expected to be the faster growing
markets of machine condition monitoring equipment during the
forecast period.
Companies Mentioned:
- General Electric Company
- Corrpro Companies Inc.
- Emerson Electric Co.
- Alava Ingenieros Group
- Ab Skf
- Honeywell International Inc.
- Rockwell Automation Inc.
- Parker Hannifin Corporation
- National Instruments Corporation
- Azima Dli Corporation
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Outlook
4. Global Machine Condition Monitoring Equipment Market Size
& Forecast (2012-2022)
5. Global Machine Condition Monitoring Equipment Market, By
Geography
6. Competitive Analysis
7. Key Company Profiles And Strategic Developments
8. Appendix
For more information about this report visit
http://www.researchandmarkets.com/research/ctg7dg/global_machine
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version on businesswire.com: http://www.businesswire.com/news/home/20161209005693/en/
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U.S.): +353-1-481-1716Related Topics: Machinery, Industrial
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