New Report Focuses on Machine Health Monitoring Market by Product

Machine health monitoring is the best way of maintenance to meet the production requirements of in a timely or efficient manner. It is the process of monitoring the health of a machine with the intent to anticipate the mechanical wear and failure. Machine health monitoring is a part of predictive maintenance technique.

As per the report titled Machine Health Monitoring Market by Product (vibration monitoring, thermography, ultrasound emission, lubricating oil analysis, corrosion monitoring, motor current signature analysis), Component, Application and Geography - Global Forecast to 2014 - 2020, the machine health monitoring market has a broad scope in the industry. This market is important as it projects the condition of machinery, which ensures the right maintenance is provided at the right time. Machine health monitoring provides sensory indication that components are functioning under rated capacity and provide a suitable warning if the preset standard conditions and indices are exceeded. Complete report is available at http://www.reportsnreports.com/reports/290941-machine-health-monitoring-market-by-product-vibration-monitoring-thermography-ultrasound-emission-lubricating-oil-analysis-corrosion-monitoring-motor-current-signature-analysis-component-application-and-geography-global-forecast-to-2014-2020.html .

The machine health monitoring market is segmented in terms of product type such as corrosion monitoring equipment, lubricating oil analysis equipment, motor current signature analysis, thermography equipment, ultrasound emission equipment, and vibration monitoring equipment. The report is further segmented into component type such as corrosion probes, spectrometer, spectrum analyzer, thermal camera, ultrasonic detector, vibration sensor, and others (software) used in machine health monitoring market. Also, the Machine Health Monitoring report is segmented by application such as aerospace and defense, automotive, chemicals, marine, mining, oil and gas, and Power. The report also provides geographic analysis and estimation for markets across the Americas, Europe, APAC, and the ROW.

The report includes the detailed value chain analysis of the machine health monitoring industry. It also provides the Porter's Five Forces Analysis with description of each of its forces and their respective impact on the market. Companies included in this report are: Azima Dli Corporation, Bruel & Kjaer, CTRL Systems, Inc., Emerson Process Management¸ Fluke Corporation, General Electric Company, Honeywell International, Inc., National Instruments Corporation, Parker Hannifin Corporation, Rockwell Automation, Inc., Rockwell Automation, Inc. and SKF AB. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=290941 .

The major drivers for the Machine Health Monitoring Market are the improvement in equipment reliability by effective projection of their failures, achieving reduction in frequency and severity of equipment downtimes, maximizing component life by proper scheduling of maintenance programs, maximizing equipment performance and throughput, ensuring the safety of equipment and personnel, and many more. There are restraints in the market such as achieving return on investment from machine health monitoring, unpredictable maintenance periods, and requirement of asset modifications to retrofit existing systems with machine health monitoring sensors that may inhibit the market growth. The increasing demand from emerging economies is one of the key opportunities for the process analyzer market.

Key Takeaways

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

Other newly published reports on semiconductors and electronics industry available with ReportsnReports.com include:

Mexico Factory Automation and Machine Vision Market by Technology (ICS, MES, ERP, ITS), Field Devices, Products (PC-based, Smart Camera, Embedded), Components (Camera, FGOL), Application (Process, Discrete) - Global Forecast & Analysis to 2013 - 2020 is a 384 pages research report published in June 2014. It says the total market for Industrial Control and Factory Automation market is expected to grow at an estimated CAGR of 8.53% from 2014 - 2020. The report describes the value chain for factory automation market by considering all the major stakeholders in the market and their role in the analysis. The report also provides a detailed study of the Porter's five force analysis of the market. Major players in the market include Siemens Ag (Germany), ABB LTD (Switzerland), Emerson Electric Company (U.S), Rockwell Automation Inc (U.S.), Schneider Electric SA (France), General Electric Company (U.S.), Teledyne Dalsa Inc (Canada), Eastman Kodak (U.S.). Complete report is available at http://www.reportsnreports.com/reports/290731-mexico-factory-automation-and-machine-vision-market-by-technology-ics-mes-erp-its-field-devices-products-pc-based-smart-camera-embedded-components-camera-fgol-application-process-discrete-global-forecast-analysis-to-2013-2020.html .

Smart Glass Market by Technology (Electrochromics, SPD, Liquid Crystal, Microblinds, Thermographic and Photochromics), Application (Architectural, Transportation, Solar power generation, Electronics & others), & by Geography - Global Forecast to 2014 - 2020 is a 520 pages research report published in June 2014. Out of all the traditional smart glass technologies, Electrochromic is being recognized as one of the promising ones, owing to the highest dynamic control, as it allows light and heat through the glass. With its unique properties such as durability and fastest switching times, Electrochromic smart glass is expected to revolutionize the architectural application segment occupying the major chunk of market revenue by 2020. This report also profiles key industry player of smart glass market. The detailed analysis about their strategies and developments is included in the report. These key industry players are - Asahi Glass Company (Japan), Citala Pvt. Ltd (Israel), Corning Inc (U.S.), DuPont (U.S.), Gentex Corporation (U.S.), Hitachi Chemicals (Japan), PPG Industries (U.S.), Pleotint (U.S.), Ravenbrick LLC (U.S.), Research Frontier (U.S.), Smartglass international (Ireland), Sage Electrochromics (U.S.), Saint Gobain (France), Scienstry (U.S.), SPD smartglass (U.S.) and View Inc (U.S.). Complete report is available at http://www.reportsnreports.com/reports/209579-global-smart-glass-smart-windows-market-2012-2017-by-technology-thermochromics-liquid-crystal-lc-suspended-particle-display-spd-electrochromics-ec-photochromic-applications-architectural-transportation-geography.html .

Source: http://www.reportsnreports.com

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