Amid the COVID-19 crisis and the looming economic recession, the Machine Condition Monitoring Equipment market worldwide will grow by a projected US$848.1 Million, during the analysis period

driven by a revised compounded annual growth rate (CAGR) of 4. 8%. Vibration Monitoring Equipment, one of the segments analyzed and sized in this study, is forecast to grow at over 4. 6% and reach a market size of US$1.

New York, May 29, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Machine Condition Monitoring Equipment Industry" - https://www.reportlinker.com/p04484176/?utm_source=GNW
7 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Vibration Monitoring Equipment market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 3.8% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$25.3 Million to the region’s size over the next 7 to 8 years. In addition, over US$25.6 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Vibration Monitoring Equipment segment will reach a market size of US$87.2 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Machine Condition Monitoring Equipment market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 8% over the next couple of years and add approximately US$231 Million in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Machine Condition Monitoring Equipment market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others, ALS Limited; Azima DLI LLC; Brüel & Kjær Vibro; ClampOn AS; Cosasco; Crystal Instruments; CTRL Systems, Inc.; Data Physics Corporation; Emerson Electric., ; FLIR Systems, Inc.; Fluke Corporation; General Electric


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MACHINE CONDITION MONITORING EQUIPMENT MCP-1
MARKET ANALYSIS, TRENDS, AND FORECASTS, JUNE 2
CONTENTS

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Condition Based Maintenance Comes Out of the Shadows as Smart Management of Assets Spirals into the Spotlight Recent Market Activity Market Overview From Corrective to Prescriptive, Machine Condition Monitoring Makes Its Evolutionary Turn Towards Smart Asset Management Artificial Intelligence in Machine Condition Monitoring Gains Ground Continued Recovery in Global GDP & Manufacturing PMI Promises Stronger Growth for the Machine Condition Monitoring Market Ubiquity of Rotating Machinery in Industrial Plants Sustains the Dominance of Vibration Monitoring Systems Even as the Oil Industry Regains Balance at the Back of Oil Price Rise & Supply Increases, Volatility Will Continue to Shape Strategy Skyrocketing Oil Exploration Costs Business Case for Operational Excellence Stands Exemplified Outsourced Condition Monitoring Services to Gain Momentum Growth of Precision Mechanics & the Ensuing Increase in the Use of Machine Tools to Benefit Condition Monitoring of Machine Tools Market Outlook Global Competitor Market Shares Machine Condition Monitoring Equipment Competitor Market Share Scenario Worldwide (in %): 2020 & 2029 Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
ALS Limited (Australia) Azima DLI LLC (USA) Brüel & Kjær Vibro GmbH (Denmark) ClampOn AS (Norway) Cosasco (USA) CRYSTAL INSTRUMENTS (USA) CTRL Systems, Inc. (USA) Data Physics Corporation (USA) Emerson Electric. (USA) FLIR Systems, Inc. (USA) Fluke Corporation (USA) General Electric (USA) Honeywell Process Solutions (USA) ITT Corporation (USA) Meggitt PLC (UK) National Instruments Corporation (USA) Parker-Hannifin. (USA) Parker Kittiwake (UK) PCB Piezotronics, Inc. (USA) Rockwell Automation, Inc. (USA) Schaeffler Technologies AG & Co. KG (Germany) Shinkawa Electric Co., Ltd. (Japan) SKF (Sweden) SPM Instrument AB (Sweden)
3. MARKET TRENDS & DRIVERS
Emergence of Industry 4.0 & IIoT as a Novel Support System for Intelligent Maintenance Drives Opportunities for Condition Monitoring Growing Energy Consumption & Production Drives the Need for Condition Monitoring in Power Plants Insatiable Need for Energy Changing Power Generation Dynamics & Rise of Peaking Power Plants Technology Innovations to Support Long-Term Growth in the Market Wireless Sensor Networks, Sensor Fusion & Multi-Sensor Monitoring: The Three Major Technology Buzzwords "Maintenance from a Distance": The New Buzz Word for Prognostic Machine Health Monitoring The Rise of Cloud Based Business Models Sparks a Revolution in Condition Monitoring Integration of Condition Monitoring With Asset Management: A Key Strategy Aimed At Productivity Gains
4. GLOBAL MARKET PERSPECTIVE
Table 1: Machine Condition Monitoring Equipment Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 2: Machine Condition Monitoring Equipment Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019 Table 3: Machine Condition Monitoring Equipment Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027 Table 4: Vibration Monitoring Equipment (Segment) World Market by Region/Country in US$ Thousand: 2020 to 2027 Table 5: Vibration Monitoring Equipment (Segment) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019 Table 6: Vibration Monitoring Equipment (Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027 Table 7: Thermography Equipment (Segment) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027 Table 8: Thermography Equipment (Segment) Historic Market Perspective by Region/Country in US$ Thousand: 2012 to 2019 Table 9: Thermography Equipment (Segment) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027 Table 10: Lubricating Oil Analysis Equipment (Segment) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027 Table 11: Lubricating Oil Analysis Equipment (Segment) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2
to 2019 Table 12: Lubricating Oil Analysis Equipment (Segment) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027 Table 13: Other Segments (Segment) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2020 to 2027 Table 14: Other Segments (Segment) Market Historic Review by Region/Country in US$ Thousand: 2012 to 2019 Table 15: Other Segments (Segment) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Machine Condition Monitoring Equipment Market Share (in %) by Company: 2020 & 2025 Market Analytics Table 16: United States Machine Condition Monitoring Equipment Market Estimates and Projections in US$ Thousand by Segment: 2020 to 2027 Table 17: Machine Condition Monitoring Equipment Market in the United States by Segment: A Historic Review in US$ Thousand for 2012-2019 Table 18: United States Machine Condition Monitoring Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027 CANADA Table 19: Canadian Machine Condition Monitoring Equipment Market Estimates and Forecasts in US$ Thousand by Segment: 2
to 2027 Table 20: Canadian Machine Condition Monitoring Equipment Historic Market Review by Segment in US$ Thousand: 2012-2019 Table 21: Machine Condition Monitoring Equipment Market in Canada: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027 JAPAN Table 22: Japanese Market for Machine Condition Monitoring Equipment: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027 Table 23: Machine Condition Monitoring Equipment Market in Japan: Historic Sales Analysis in US$ Thousand by Segment for the Period 2012-2019 Table 24: Japanese Machine Condition Monitoring Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027 CHINA Table 25: Chinese Machine Condition Monitoring Equipment Market Growth Prospects in US$ Thousand by Segment for the Period 2020-2027 Table 26: Machine Condition Monitoring Equipment Historic Market Analysis in China in US$ Thousand by Segment: 2012-2019 Table 27: Chinese Machine Condition Monitoring Equipment Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027 EUROPE Market Facts & Figures European Machine Condition Monitoring Equipment Market: Competitor Market Share Scenario (in %) for 2020 & 2025 Market Analytics Table 28: European Machine Condition Monitoring Equipment Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027 Table 29: Machine Condition Monitoring Equipment Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019 Table 30: European Machine Condition Monitoring Equipment Market Share Shift by Region/Country: 2012 VS 2020 VS 2027 Table 31: European Machine Condition Monitoring Equipment Market Estimates and Forecasts in US$ Thousand by Segment: 2020-2027 Table 32: Machine Condition Monitoring Equipment Market in Europe in US$ Thousand by Segment: A Historic Review for the Period 2012-2019 Table 33: European Machine Condition Monitoring Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027 FRANCE Table 34: Machine Condition Monitoring Equipment Market in France by Segment: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 35: French Machine Condition Monitoring Equipment Historic Market Scenario in US$ Thousand by Segment: 2012-2019 Table 36: French Machine Condition Monitoring Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027 GERMANY Table 37: Machine Condition Monitoring Equipment Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2020-2027 Table 38: German Machine Condition Monitoring Equipment Historic Market Analysis in US$ Thousand by Segment: 2012-2019 Table 39: German Machine Condition Monitoring Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027 ITALY Table 40: Italian Machine Condition Monitoring Equipment Market Growth Prospects in US$ Thousand by Segment for the Period 2020-2027 Table 41: Machine Condition Monitoring Equipment Historic Market Analysis in Italy in US$ Thousand by Segment: 2012-2019 Table 42: Italian Machine Condition Monitoring Equipment Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027 UNITED KINGDOM Table 43: United Kingdom Market for Machine Condition Monitoring Equipment: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027 Table 44: Machine Condition Monitoring Equipment Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Segment for the Period 2012-2019 Table 45: United Kingdom Machine Condition Monitoring Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027 SPAIN Table 46: Spanish Machine Condition Monitoring Equipment Market Estimates and Forecasts in US$ Thousand by Segment: 2020 to 2027 Table 47: Spanish Machine Condition Monitoring Equipment Historic Market Review by Segment in US$ Thousand: 2012-2019 Table 48: Machine Condition Monitoring Equipment Market in Spain: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027 RUSSIA Table 49: Russian Machine Condition Monitoring Equipment Market Estimates and Projections in US$ Thousand by Segment: 2020 to 2027 Table 50: Machine Condition Monitoring Equipment Market in Russia by Segment: A Historic Review in US$ Thousand for 2012-2019 Table 51: Russian Machine Condition Monitoring Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027 REST OF EUROPE Table 52: Rest of Europe Machine Condition Monitoring Equipment Market Estimates and Forecasts in US$ Thousand by Segment: 2020-2027 Table 53: Machine Condition Monitoring Equipment Market in Rest of Europe in US$ Thousand by Segment: A Historic Review for the Period 2012-2019 Table 54: Rest of Europe Machine Condition Monitoring Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027 ASIA-PACIFIC Table 55: Asia-Pacific Machine Condition Monitoring Equipment Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 56: Machine Condition Monitoring Equipment Market in Asia-Pacific: Historic Market Analysis in US$ Thousand by Region/Country for the Period 2012-2019 Table 57: Asia-Pacific Machine Condition Monitoring Equipment Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027 Table 58: Machine Condition Monitoring Equipment Market in Asia-Pacific by Segment: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 59: Asia-Pacific Machine Condition Monitoring Equipment Historic Market Scenario in US$ Thousand by Segment: 2012-2019 Table 60: Asia-Pacific Machine Condition Monitoring Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027 AUSTRALIA Table 61: Machine Condition Monitoring Equipment Market in Australia: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2020-2027 Table 62: Australian Machine Condition Monitoring Equipment Historic Market Analysis in US$ Thousand by Segment: 2012-2019 Table 63: Australian Machine Condition Monitoring Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027 INDIA Table 64: Indian Machine Condition Monitoring Equipment Market Estimates and Forecasts in US$ Thousand by Segment: 2020 to 2027 Table 65: Indian Machine Condition Monitoring Equipment Historic Market Review by Segment in US$ Thousand: 2012-2019 Table 66: Machine Condition Monitoring Equipment Market in India: Percentage Share Breakdown of Sales by Segment for 2012, 2020, and 2027 SOUTH KOREA Table 67: Machine Condition Monitoring Equipment Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2020-2027 Table 68: South Korean Machine Condition Monitoring Equipment Historic Market Analysis in US$ Thousand by Segment: 2012-2019 Table 69: Machine Condition Monitoring Equipment Market Share Distribution in South Korea by Segment: 2012 VS 2020 VS 2027 REST OF ASIA-PACIFIC Table 70: Rest of Asia-Pacific Market for Machine Condition Monitoring Equipment: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027 Table 71: Machine Condition Monitoring Equipment Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Thousand by Segment for the Period 2012-2019 Table 72: Rest of Asia-Pacific Machine Condition Monitoring Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027 LATIN AMERICA Table 73: Latin American Machine Condition Monitoring Equipment Market Trends by Region/Country in US$ Thousand: 2020-2027 Table 74: Machine Condition Monitoring Equipment Market in Latin America in US$ Thousand by Region/Country: A Historic Perspective for the Period 2012-2019 Table 75: Latin American Machine Condition Monitoring Equipment Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027 Table 76: Latin American Machine Condition Monitoring Equipment Market Growth Prospects in US$ Thousand by Segment for the Period 2020-2027 Table 77: Machine Condition Monitoring Equipment Historic Market Analysis in Latin America in US$ Thousand by Segment: 2012-2019 Table 78: Latin American Machine Condition Monitoring Equipment Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027 ARGENTINA Table 79: Argentinean Machine Condition Monitoring Equipment Market Estimates and Forecasts in US$ Thousand by Segment: 2020-2027 Table 80: Machine Condition Monitoring Equipment Market in Argentina in US$ Thousand by Segment: A Historic Review for the Period 2012-2019 Table 81: Argentinean Machine Condition Monitoring Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027 BRAZIL Table 82: Machine Condition Monitoring Equipment Market in Brazil by Segment: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 83: Brazilian Machine Condition Monitoring Equipment Historic Market Scenario in US$ Thousand by Segment: 2012-2019 Table 84: Brazilian Machine Condition Monitoring Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027 MEXICO Table 85: Machine Condition Monitoring Equipment Market in Mexico: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2020-2027 Table 86: Mexican Machine Condition Monitoring Equipment Historic Market Analysis in US$ Thousand by Segment: 2012-2019 Table 87: Mexican Machine Condition Monitoring Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027 REST OF LATIN AMERICA Table 88: Rest of Latin America Machine Condition Monitoring Equipment Market Estimates and Projections in US$ Thousand by Segment: 2020 to 2027 Table 89: Machine Condition Monitoring Equipment Market in Rest of Latin America by Segment: A Historic Review in US$ Thousand for 2012-2019 Table 90: Rest of Latin America Machine Condition Monitoring Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027 MIDDLE EAST Table 91: The Middle East Machine Condition Monitoring Equipment Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027 Table 92: Machine Condition Monitoring Equipment Market in the Middle East by Region/Country in US$ Thousand: 2012-2019 Table 93: The Middle East Machine Condition Monitoring Equipment Market Share Breakdown by Region/Country: 2012, 2020, and 2027 Table 94: The Middle East Machine Condition Monitoring Equipment Market Estimates and Forecasts in US$ Thousand by Segment: 2020 to 2027 Table 95: The Middle East Machine Condition Monitoring Equipment Historic Market by Segment in US$ Thousand: 2012-2019 Table 96: Machine Condition Monitoring Equipment Market in the Middle East: Percentage Share Breakdown of Sales by Segment for 2012,2020, and 2027 IRAN Table 97: Iranian Market for Machine Condition Monitoring Equipment: Annual Sales Estimates and Projections in US$ Thousand by Segment for the Period 2020-2027 Table 98: Machine Condition Monitoring Equipment Market in Iran: Historic Sales Analysis in US$ Thousand by Segment for the Period 2012-2019 Table 99: Iranian Machine Condition Monitoring Equipment Market Share Analysis by Segment: 2012 VS 2020 VS 2027 ISRAEL Table 100: Israeli Machine Condition Monitoring Equipment Market Estimates and Forecasts in US$ Thousand by Segment: 2020-2027 Table 101: Machine Condition Monitoring Equipment Market in Israel in US$ Thousand by Segment: A Historic Review for the Period 2012-2019 Table 102: Israeli Machine Condition Monitoring Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027 SAUDI ARABIA Table 103: Saudi Arabian Machine Condition Monitoring Equipment Market Growth Prospects in US$ Thousand by Segment for the Period 2020-2027 Table 104: Machine Condition Monitoring Equipment Historic Market Analysis in Saudi Arabia in US$ Thousand by Segment: 2012-2019 Table 105: Saudi Arabian Machine Condition Monitoring Equipment Market by Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027 UNITED ARAB EMIRATES Table 106: Machine Condition Monitoring Equipment Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2020-2027 Table 107: United Arab Emirates Machine Condition Monitoring Equipment Historic Market Analysis in US$ Thousand by Segment: 2012-2019 Table 108: Machine Condition Monitoring Equipment Market Share Distribution in United Arab Emirates by Segment: 2012 VS 2
VS 2027 REST OF MIDDLE EAST Table 109: Machine Condition Monitoring Equipment Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Thousand by Segment for the Period 2020-2027 Table 110: Rest of Middle East Machine Condition Monitoring Equipment Historic Market Analysis in US$ Thousand by Segment: 2012-2019 Table 111: Rest of Middle East Machine Condition Monitoring Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027 AFRICA Table 112: African Machine Condition Monitoring Equipment Market Estimates and Projections in US$ Thousand by Segment: 2020 to 2027 Table 113: Machine Condition Monitoring Equipment Market in Africa by Segment: A Historic Review in US$ Thousand for 2012-2019 Table 114: African Machine Condition Monitoring Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
IV. COMPETITION

Total Companies Profiled: 106
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