Equipment Monitoring Market - Forecast(2024 - 2030)

Report Code: ESR 63717 Report Format: PDF + Excel

Equipment Monitoring Market Overview

The Equipment Monitoring Market size is estimated to reach $5.3 billion by 2027, growing at a CAGR of 6.5% during the forecast period 2022-2027. Equipment monitoring is an approach which utilizes integration of hardware, software and services to track industrial machinery health status, through lubrication monitoring, corrosion monitoring and so on. The growing shift towards telemetry monitoring through telematics sensors with GPS tracking capabilities, significant rise in demand for remote monitoring within industrial plant locations and so on have been attributed to the market growth. Government support or mandates towards reducing maintenance costs and minimizing chances of sudden machine failures is eventually raising the focus of manufacturers towards investing on equipment monitoring systems. Rising demand for predictive maintenance, condition monitoring, and related equipment maintenance services, significant shift towards IoT technologies for improving workplace productivity, adoption of industrial internet of things (IIoT) enabled machine monitoring systems, along with growing development towards advanced machine monitoring solutions with Wifi, Bluetooth and other connectivity, is also set to influence the market growth in the long run.

Equipment Monitoring Market Report Coverage

The report: “Equipment Monitoring Outlook – Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the Equipment Monitoring industry.

By Type: Vibration Monitoring, Lubrication Monitoring, Thermal Monitoring, Corrosion Monitoring, Motor Current Monitoring, Noise Monitoring, GPS Tracking and Alarm Monitoring.
By Component: Hardware, Software and Services.
By Monitoring Process: Online and Portable.
By Deployment mode: On-premise and Cloud.
By Industry Vertical: Oil & Gas, Food & Beverages, Metals & Mining, Chemicals & Petrochemicals, Power Generation, Aerospace & Defense, Automotive, Marine and Others.
By Geography: North America (U.S, Canada, Mexico), Europe (U.K, Germany, France, Italy, Spain, Others), APAC (China, Japan India, South Korea, Australia, Others), South America (Brazil, Argentina, Others), RoW (Middle East, Africa)

Key Takeaways

  • Vibration Monitoring is analyzed to grow with the highest CAGR of 7.2% in the global equipment monitoring market during 2022-2027, owing to increased adoption of vibration monitoring systems, technological advancements towards wireless monitoring and so on.
  • Equipment Monitoring for oil & gas industry held the largest share of 38% in 2021, attributed to a rapid rise in industrial explosion incidents and growing investment towards infrastructural development projects.
  • North America Equipment Monitoring Market dominated with a share of 35% in 2021, owing to increased R&D activities towards from several key players along with significant rise of industries like chemicals, oil & gas, food & beverages and so on.
  • Growing demand towards predictive maintenance, condition monitoring and related equipment maintenance services along with growing integration of advanced technologies like IoT for equipment monitoring applications is analyzed to significantly drive the market growth of equipment monitoring during the forecast period 2022-2027.

Global Equipment Monitoring Market Value Share, By Region, 2021 (%)

Global Equipment Monitoring Market

For more details on this report - Request for Sample

Equipment Monitoring Market Segment Analysis- By Type

Based on type, Vibration Monitoring segment is analyzed to witness the fastest growth in the global equipment monitoring market with a CAGR of 7.2% during 2022-2027. Vibration monitoring can be referred to as a type of equipment monitoring approach which makes use of vibrational analysis for identification of machinery conditions. As majority of end use industries including oil & gas, chemicals, power generation and so on, utilise a range of rotating equipment like generators, turbines, pumps, and so on, which generate vibration and noise at high levels while working, vibration testing have emerged as an integral part of machine monitoring applications. Moreover, vibration monitoring is capable of providing advantages like reduced equipment costs, improved safety, elimination of unscheduled downtimes and so on, thus impacting its market growth. Vibration monitoring aids in predicting machine faults at an early stage, thereby reducing the risk of unexpected failure and a costly repair. Growing utilization of vibration monitoring systems, technological advancements towards wireless monitoring and significant shift towards early identification of issues for reducing industrial downtimes have been contributing towards the growth of vibration monitoring market. In June 2021, SPM Instrument announced the launch of Airius wireless vibration sensor, meant for LTE-M communication. With 5G connectivity for data transmission, these sensors act as an ideal choice for monitoring equipment in locations, such as rooftop fans, pumps as well as motors within water treatment facilities, pumping stations or hydropower sites. Furthermore, rising demand towards predictive maintenance within industry verticals like oil and gas, chemicals, energy & power, and automotive, as well as increasing adoption of big data analytics, significant rise in remote monitoring services, and many others is set to accelerate the market growth of vibration monitoring market in the long run.

Equipment Monitoring Market Segment Analysis- By Industry Vertical

Oil & Gas sector dominated the global equipment monitoring market in 2021, with a share of 38%, owing to factors like growing investments on oil & gas infrastructural development projects, and the increasing number of industrial explosion incidents. Condition monitoring is vital in the oil and gas sector for vibration analysis on critical machines to regulate and reduce unplanned shutdowns due to unforeseen machinery failures. The adoption of equipment monitoring systems or solutions help the end-users to keep a regular track or monitoring of their industrial machineries, reducing severe future threats. Stringent government regulations on industrial safety, growing onshore and offshore oil exploration and shale gas activities along with rise in predictive maintenance requirements overtime, have been also boosting the market growth. In December 2020, Indian Oil Corp announced about the launch of its first remote monitoring system (RMS) for oil refinery turbines within the country. This development was meant to help in diagnosis as well as detection of emerging issues related to gas turbines, further avoiding refinery process unit shutdowns. In August 2021, Indian Oil Corp (IOC) announced its plans about investing Rs. 1 lakh crore (US$ 13.12 billion) in order to increase its refining capacity, over the next 4-5 years. Such factors are set to drive the market growth of equipment monitoring across oil & gas industries in the coming time.

Equipment Monitoring Market Segment Analysis- By Geography

North America held the largest share of 35% in 2021 in the global equipment monitoring market, attributing to factors like growing demand for predictive analytics within industries, increasing shift towards digitalization, etc. The rising rate of industrial explosion incidents, increased new industrial infrastructure or expansion projects, as well as governmental initiatives to improve workplace safety is positively impacting the market growth of equipment monitoring within the region. Moreover, high investment on R&D activities from some of the key players like Emerson, Honeywell and so on, significant shift towards plant asset management practices, growth of varied end use sectors be it automotive, chemicals, manufacturing and many more, is also set to drive the market growth forward. In March 2021, Emerson had introduced its complete corrosion and erosion monitoring portfolio coupled with Plantweb digital ecosystem integration, through its Rosemount 4390 series of corrosion and erosion wireless transmitters and Plantweb Insight Non-Intrusive Corrosion application. This development was meant to turn existing offline corrosion probes into online tools for monitoring risks of corrosion or erosion within oil and gas processing facilities. According to U.S Energy Information Administration (EIA), it is forecasted that crude oil production will increase to 12 million b/d in 2022 within the country, in comparison to 760,000 b/d from 2021. These factors will help propel the market growth of equipment monitoring across North American markets.

Equipment Monitoring Market Drivers

Growing demand towards predictive maintenance, condition monitoring and related equipment maintenance services, drives the market growth of equipment monitoring:

Growing demand for predictive maintenance, condition monitoring and related equipment maintenance services are the key drivers of the equipment monitoring industry. Monitoring performance of the equipment and determining the fault is an important activity in every industry, Equipment Monitoring tools help in prevention and prediction of serious equipment failures in different sectors and to decreased downtime. Increasing government initiatives in numerous countries towards digitalization, industrial automation and development of IoT are driving the growth of the equipment monitoring market. Various end-use industries are increasingly adopting predictive maintenance to maintain machines and limit the risk of damage. Government support or mandates towards conducting these processes across varied industry verticals, rise in industrial machinery failure, production hampered due to unscheduled equipment failures and so on have been also driving the need for such services, impacting the market growth overtime. The rise of smart factories around the world has boosted the appeal of predictive maintenance and that is playing the major role in the growth of Equipment Monitoring Market. According to Plant Engineering, about 76% of companies in the manufacturing industry worldwide had prioritized preventive maintenance in the year 2020. In June 2021, ABB announced about the launch of an advanced digital service, named ABB Ability Condition Monitoring for belts. This was meant to help mine operators track speed, misalignment, damage, thickness and wear, slippage as well as temperature of conveyor belts within real time, thus anticipating maintenance while avoiding unplanned downtimes. These factors will help in propelling the market demand of equipment monitoring in the long run.

Growing integration of advanced technologies like IoT for equipment monitoring applications is driving the market growth forward:

Increased integration of advanced technologies like IoT to drive automation in equipment monitoring applications, can be considered as a prime factor boosting its market growth. Factors like increasing adoption of IoT in industries like manufacturing, automotive, oil & gas, and so on, significant utilization of connected devices, as well as growing shift towards industrial automation have been catering to the market growth. The improvement of wireless technology in equipment monitoring systems, as well as the acceptance of equipment monitoring systems, are some of the reasons expected to generate new possibilities for the market. Reduced implementation costs, API interaction with other management systems, constant updates, and 24/7 monitoring are all advantages of IOT-based condition monitoring. In March 2021, Taoglas announced about the launch of an IoT enabled Genset Insights solution, in order to help businesses, optimize their fleet of generators through real-time data and analytics at any time and locations. This solution includes the EDGE IG10 industrial gateway coupled with its Insights enterprise-level software vendor-agnostic platform, which ensures management of all equipment remotely on one platform. According to Information Technology and Innovation Foundation (ITIF) report, IoT applications for monitoring machine utilization is expected to raise manufacturing productivity by 10 to 25% while, producing upto $1.8 trillion in global economic value by the year 2025. Such factors can further contribute in aiding the market growth forward.

Equipment Monitoring Market Challenges

High costs associated with installation, maintenance and operation of equipment monitoring systems hinders its market growth:

High costs associated with installation, maintenance and operation of equipment monitoring systems is restraining the growth of equipment monitoring market. Highly trained staffs are required to interpret data and huge cost is incurred on staff training. With complexities related to monitoring procedures, along with its costs, have helped in maintaining the growth of traditional methods across industries, thus causing slower adoption towards advanced equipment monitoring systems. Lack of skilled professional that are required to operate and handle the machinery all these factors can hamper the equipment monitoring market growth. In addition, incorporation of wireless technologies, IoT and others, raises the production costs as well as drives the need for proper tech support services, installation of required software and so on, which potentially impacts its market growth. Moreover, operation of equipment monitoring systems need skilled expertise, which in turn increases the additional expenses for the end use customers. Licensing and subscription models of equipment monitoring software also creates an adverse impact on its market growth overtime .

Equipment Monitoring Market Landscape

Product launches, acquisitions and R&D activities are key strategies adopted by players in the Equipment Monitoring market. The Equipment Monitoring market top 10 companies include:

  1. Emerson Electric Co.
  2. General Electric Co.
  3.  Honeywell International Inc.
  4. National Instruments Corp.
  5. SKF AB
  6. Parker Hannifin Corp.
  7. Rockwell Automation Inc.
  8. Schaeffler AG
  9. Bruel & Kjaer
  10. Baker Hughes Company 

Recent Developments 

  • In September 2021, Baker Hughes and SABIC agreed to develop a strategic framework collaboration for asset performance management services. This would be a five-year agreement to provide condition monitoring as well as machine health protection solutions across SABIC's Saudi Arabian facilities.
  • In August 2021, Parker Hannifin has launched an innovative oil condition monitoring solution, named DIGI Plus for helping marine operators reduce downtime and costs as well as safeguard assets. Built in close collaboration with maritime professionals, this solution was designed to provide rapid on-site and on-board oil condition monitoring, through improved productivity as well as increase in uptime for the marine industry.
  • In January 2021, Bruel & Kjaer Vibro (B&K Vibro), had revealed about the launch of a palm sized device, VIBROSTORE 100, capable of providing vibration level and bearing wear monitoring for balance-of-plant machines with the touch of a button. This lightweight device can be used by unskilled persons to take vibration measurements and assess the overall vibration status of a semi-critical machine. 

Relevant Report Titles:

Farm Equipment Market - Forecast(2022 - 2027)
Report Code: AGR 0006 

Vibration Monitoring Equipment Market - Forecast(2022 - 2027)
Report Code: ESR 0158 

Agriculture Testing & Monitoring Equipment Market - Forecast(2022 - 2027)
Report Code: FBR 0101 

For more Electronics related reports, please click here

1. Equipment Monitoring Market- Market Overview
    1.1 Definitions and Scope
2. Equipment Monitoring Market- Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by deployment Type
    2.3 Key trends segmented by geography
3. Equipment Monitoring Market–Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product/Company Benchmarking
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis
4. Equipment Monitoring Market– Industry Market Entry Scenario Premium (Premium)
    4.1 Regulatory Framework Overview
    4.2 New Business and Ease of Doing business index
    4.3 Case studies of successful ventures
    4.4 Customer Analysis – Top 10 companies
5. Equipment Monitoring Market – Startup Company Scenario (Premium)
    5.1 Investment Analysis
    5.2 Venture Capital Funding Scenario
6. Equipment Monitoring Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Equipment Monitoring Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product/Market Life Cycle
    7.4 Suppliers and Distributors
8. Equipment Monitoring Market- By Component
    8.1 Hardware
    8.2 Software
    8.3 Services
9. Equipment Monitoring Market- By Type
    9.1 Vibration Monitoring
    9.2 Thermal Monitoring
    9.3 Lubrication Monitoring
    9.4 Corrosion Monitoring
    9.5 Motor Current Monitoring
    9.6 Noise Monitoring
    9.7 GPS Tracking
    9.8 Alarm Monitoring
10. Equipment Monitoring Market- By Monitoring Process
    10.1 Online
    10.2 Portable
11. Equipment Monitoring Market- By Deployment Mode
    11.1 Cloud
    11.2 On Premises
12. Equipment Monitoring Market- By Industry Vertical
    12.1 Marine
    12.2 Oil and gas
    12.3 Food and beverage
    12.4 Power generation
    12.5 Aerospace and defense
    12.6 Metal and mining
    12.7 Automotive
    12.8 Chemicals & petrochemicals
    12.9 Others
13. Equipment Monitoring Market - By Geography (Market Size -$Million/Billion)
    13.1 North America
        13.1.1 U.S
        13.1.2 Canada
        13.1.3 Mexico
    13.2 Europe
        13.2.1 U.K
        13.2.2 Germany
        13.2.3 France
        13.2.4 Italy
        13.2.5 Spain
        13.2.6 Others
    13.3 APAC
        13.3.1 China
        13.3.2 Japan
        13.3.3 India
        13.3.4 South Korea
        13.3.5 Australia
        13.3.6 Others
    13.4 South America
        13.4.1 Brazil
        13.4.2 Argentina
        13.4.3 Others
    13.5 RoW
        13.5.1 Middle East
        13.5.2 Africa
14. Equipment Monitoring Market- Entropy
15. Equipment Monitoring Market- Industry Competition Landscape (Premium)
    15.1 Global Market Share
    15.2 Market Share by Region
    15.3 Market Share by Type
16. Equipment Monitoring Market- Key Company List by Country Premium (Premium)
17. Equipment Monitoring Market Company Analysis
    17.1 Emerson Electric Co.
    17.2 General Electric Co.
    17.3 Honeywell International Inc.
    17.4 National Instruments Corp.
    17.5 SKF AB
    17.6 Parker Hannifin Corp.
    17.7 Rockwell Automation Inc.
    17.8 Schaeffler AG
    17.9 Bruel & Kjaer
    17.10 Baker Hughes Company 
"*Financials would be provided on a best efforts basis for private companies"     

LIST OF TABLES

1.Global Equipment Monitoring Market By Monitoring Type Market 2023-2030 ($M)
1.1 Vibration Monitoring Market 2023-2030 ($M) - Global Industry Research
1.2 Thermal Monitoring Market 2023-2030 ($M) - Global Industry Research
1.3 Lubrication Monitoring Market 2023-2030 ($M) - Global Industry Research
1.4 Corrosion Monitoring Market 2023-2030 ($M) - Global Industry Research
1.5 Noise Monitoring Market 2023-2030 ($M) - Global Industry Research
1.6 Motor Current Monitoring Market 2023-2030 ($M) - Global Industry Research
1.7 Gps Tracking Market 2023-2030 ($M) - Global Industry Research
1.7.1 Standalone Tracker Market 2023-2030 ($M)
1.7.2 OBD Device Market 2023-2030 ($M)
1.7.3 Advance Tracker Market 2023-2030 ($M)
1.8 Alarm Monitoring Market 2023-2030 ($M) - Global Industry Research
1.8.1 Remote Terminal Units Market 2023-2030 ($M)
1.8.2 Alarms Sensors Market 2023-2030 ($M)
2.Global Equipment Monitoring Market By Monitoring Process Market 2023-2030 ($M)
2.1 Online Equipment Monitoring Market 2023-2030 ($M) - Global Industry Research
2.2 Portable Equipment Monitoring Market 2023-2030 ($M) - Global Industry Research
3.Global Equipment Monitoring Market By Deployment Type Market 2023-2030 ($M)
3.1 On-Premise Market 2023-2030 ($M) - Global Industry Research
3.2 Cloud Market 2023-2030 ($M) - Global Industry Research
4.Global Equipment Monitoring Market By Industry Market 2023-2030 ($M)
4.1 Oil & Gas Market 2023-2030 ($M) - Global Industry Research
4.2 Power Generation Market 2023-2030 ($M) - Global Industry Research
4.3 Metals & Mining Market 2023-2030 ($M) - Global Industry Research
4.4 Chemicals Market 2023-2030 ($M) - Global Industry Research
4.5 Automotive Market 2023-2030 ($M) - Global Industry Research
4.6 Aerospace & Defense Market 2023-2030 ($M) - Global Industry Research
4.7 Food & Beverages Market 2023-2030 ($M) - Global Industry Research
4.8 Marine Market 2023-2030 ($M) - Global Industry Research
5.Global Equipment Monitoring Market By Monitoring Type Market 2023-2030 (Volume/Units)
5.1 Vibration Monitoring Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Thermal Monitoring Market 2023-2030 (Volume/Units) - Global Industry Research
5.3 Lubrication Monitoring Market 2023-2030 (Volume/Units) - Global Industry Research
5.4 Corrosion Monitoring Market 2023-2030 (Volume/Units) - Global Industry Research
5.5 Noise Monitoring Market 2023-2030 (Volume/Units) - Global Industry Research
5.6 Motor Current Monitoring Market 2023-2030 (Volume/Units) - Global Industry Research
5.7 Gps Tracking Market 2023-2030 (Volume/Units) - Global Industry Research
5.7.1 Standalone Tracker Market 2023-2030 (Volume/Units)
5.7.2 OBD Device Market 2023-2030 (Volume/Units)
5.7.3 Advance Tracker Market 2023-2030 (Volume/Units)
5.8 Alarm Monitoring Market 2023-2030 (Volume/Units) - Global Industry Research
5.8.1 Remote Terminal Units Market 2023-2030 (Volume/Units)
5.8.2 Alarms Sensors Market 2023-2030 (Volume/Units)
6.Global Equipment Monitoring Market By Monitoring Process Market 2023-2030 (Volume/Units)
6.1 Online Equipment Monitoring Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Portable Equipment Monitoring Market 2023-2030 (Volume/Units) - Global Industry Research
7.Global Equipment Monitoring Market By Deployment Type Market 2023-2030 (Volume/Units)
7.1 On-Premise Market 2023-2030 (Volume/Units) - Global Industry Research
7.2 Cloud Market 2023-2030 (Volume/Units) - Global Industry Research
8.Global Equipment Monitoring Market By Industry Market 2023-2030 (Volume/Units)
8.1 Oil & Gas Market 2023-2030 (Volume/Units) - Global Industry Research
8.2 Power Generation Market 2023-2030 (Volume/Units) - Global Industry Research
8.3 Metals & Mining Market 2023-2030 (Volume/Units) - Global Industry Research
8.4 Chemicals Market 2023-2030 (Volume/Units) - Global Industry Research
8.5 Automotive Market 2023-2030 (Volume/Units) - Global Industry Research
8.6 Aerospace & Defense Market 2023-2030 (Volume/Units) - Global Industry Research
8.7 Food & Beverages Market 2023-2030 (Volume/Units) - Global Industry Research
8.8 Marine Market 2023-2030 (Volume/Units) - Global Industry Research
9.North America Equipment Monitoring Market By Monitoring Type Market 2023-2030 ($M)
9.1 Vibration Monitoring Market 2023-2030 ($M) - Regional Industry Research
9.2 Thermal Monitoring Market 2023-2030 ($M) - Regional Industry Research
9.3 Lubrication Monitoring Market 2023-2030 ($M) - Regional Industry Research
9.4 Corrosion Monitoring Market 2023-2030 ($M) - Regional Industry Research
9.5 Noise Monitoring Market 2023-2030 ($M) - Regional Industry Research
9.6 Motor Current Monitoring Market 2023-2030 ($M) - Regional Industry Research
9.7 Gps Tracking Market 2023-2030 ($M) - Regional Industry Research
9.7.1 Standalone Tracker Market 2023-2030 ($M)
9.7.2 OBD Device Market 2023-2030 ($M)
9.7.3 Advance Tracker Market 2023-2030 ($M)
9.8 Alarm Monitoring Market 2023-2030 ($M) - Regional Industry Research
9.8.1 Remote Terminal Units Market 2023-2030 ($M)
9.8.2 Alarms Sensors Market 2023-2030 ($M)
10.North America Equipment Monitoring Market By Monitoring Process Market 2023-2030 ($M)
10.1 Online Equipment Monitoring Market 2023-2030 ($M) - Regional Industry Research
10.2 Portable Equipment Monitoring Market 2023-2030 ($M) - Regional Industry Research
11.North America Equipment Monitoring Market By Deployment Type Market 2023-2030 ($M)
11.1 On-Premise Market 2023-2030 ($M) - Regional Industry Research
11.2 Cloud Market 2023-2030 ($M) - Regional Industry Research
12.North America Equipment Monitoring Market By Industry Market 2023-2030 ($M)
12.1 Oil & Gas Market 2023-2030 ($M) - Regional Industry Research
12.2 Power Generation Market 2023-2030 ($M) - Regional Industry Research
12.3 Metals & Mining Market 2023-2030 ($M) - Regional Industry Research
12.4 Chemicals Market 2023-2030 ($M) - Regional Industry Research
12.5 Automotive Market 2023-2030 ($M) - Regional Industry Research
12.6 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
12.7 Food & Beverages Market 2023-2030 ($M) - Regional Industry Research
12.8 Marine Market 2023-2030 ($M) - Regional Industry Research
13.South America Equipment Monitoring Market By Monitoring Type Market 2023-2030 ($M)
13.1 Vibration Monitoring Market 2023-2030 ($M) - Regional Industry Research
13.2 Thermal Monitoring Market 2023-2030 ($M) - Regional Industry Research
13.3 Lubrication Monitoring Market 2023-2030 ($M) - Regional Industry Research
13.4 Corrosion Monitoring Market 2023-2030 ($M) - Regional Industry Research
13.5 Noise Monitoring Market 2023-2030 ($M) - Regional Industry Research
13.6 Motor Current Monitoring Market 2023-2030 ($M) - Regional Industry Research
13.7 Gps Tracking Market 2023-2030 ($M) - Regional Industry Research
13.7.1 Standalone Tracker Market 2023-2030 ($M)
13.7.2 OBD Device Market 2023-2030 ($M)
13.7.3 Advance Tracker Market 2023-2030 ($M)
13.8 Alarm Monitoring Market 2023-2030 ($M) - Regional Industry Research
13.8.1 Remote Terminal Units Market 2023-2030 ($M)
13.8.2 Alarms Sensors Market 2023-2030 ($M)
14.South America Equipment Monitoring Market By Monitoring Process Market 2023-2030 ($M)
14.1 Online Equipment Monitoring Market 2023-2030 ($M) - Regional Industry Research
14.2 Portable Equipment Monitoring Market 2023-2030 ($M) - Regional Industry Research
15.South America Equipment Monitoring Market By Deployment Type Market 2023-2030 ($M)
15.1 On-Premise Market 2023-2030 ($M) - Regional Industry Research
15.2 Cloud Market 2023-2030 ($M) - Regional Industry Research
16.South America Equipment Monitoring Market By Industry Market 2023-2030 ($M)
16.1 Oil & Gas Market 2023-2030 ($M) - Regional Industry Research
16.2 Power Generation Market 2023-2030 ($M) - Regional Industry Research
16.3 Metals & Mining Market 2023-2030 ($M) - Regional Industry Research
16.4 Chemicals Market 2023-2030 ($M) - Regional Industry Research
16.5 Automotive Market 2023-2030 ($M) - Regional Industry Research
16.6 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
16.7 Food & Beverages Market 2023-2030 ($M) - Regional Industry Research
16.8 Marine Market 2023-2030 ($M) - Regional Industry Research
17.Europe Equipment Monitoring Market By Monitoring Type Market 2023-2030 ($M)
17.1 Vibration Monitoring Market 2023-2030 ($M) - Regional Industry Research
17.2 Thermal Monitoring Market 2023-2030 ($M) - Regional Industry Research
17.3 Lubrication Monitoring Market 2023-2030 ($M) - Regional Industry Research
17.4 Corrosion Monitoring Market 2023-2030 ($M) - Regional Industry Research
17.5 Noise Monitoring Market 2023-2030 ($M) - Regional Industry Research
17.6 Motor Current Monitoring Market 2023-2030 ($M) - Regional Industry Research
17.7 Gps Tracking Market 2023-2030 ($M) - Regional Industry Research
17.7.1 Standalone Tracker Market 2023-2030 ($M)
17.7.2 OBD Device Market 2023-2030 ($M)
17.7.3 Advance Tracker Market 2023-2030 ($M)
17.8 Alarm Monitoring Market 2023-2030 ($M) - Regional Industry Research
17.8.1 Remote Terminal Units Market 2023-2030 ($M)
17.8.2 Alarms Sensors Market 2023-2030 ($M)
18.Europe Equipment Monitoring Market By Monitoring Process Market 2023-2030 ($M)
18.1 Online Equipment Monitoring Market 2023-2030 ($M) - Regional Industry Research
18.2 Portable Equipment Monitoring Market 2023-2030 ($M) - Regional Industry Research
19.Europe Equipment Monitoring Market By Deployment Type Market 2023-2030 ($M)
19.1 On-Premise Market 2023-2030 ($M) - Regional Industry Research
19.2 Cloud Market 2023-2030 ($M) - Regional Industry Research
20.Europe Equipment Monitoring Market By Industry Market 2023-2030 ($M)
20.1 Oil & Gas Market 2023-2030 ($M) - Regional Industry Research
20.2 Power Generation Market 2023-2030 ($M) - Regional Industry Research
20.3 Metals & Mining Market 2023-2030 ($M) - Regional Industry Research
20.4 Chemicals Market 2023-2030 ($M) - Regional Industry Research
20.5 Automotive Market 2023-2030 ($M) - Regional Industry Research
20.6 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
20.7 Food & Beverages Market 2023-2030 ($M) - Regional Industry Research
20.8 Marine Market 2023-2030 ($M) - Regional Industry Research
21.APAC Equipment Monitoring Market By Monitoring Type Market 2023-2030 ($M)
21.1 Vibration Monitoring Market 2023-2030 ($M) - Regional Industry Research
21.2 Thermal Monitoring Market 2023-2030 ($M) - Regional Industry Research
21.3 Lubrication Monitoring Market 2023-2030 ($M) - Regional Industry Research
21.4 Corrosion Monitoring Market 2023-2030 ($M) - Regional Industry Research
21.5 Noise Monitoring Market 2023-2030 ($M) - Regional Industry Research
21.6 Motor Current Monitoring Market 2023-2030 ($M) - Regional Industry Research
21.7 Gps Tracking Market 2023-2030 ($M) - Regional Industry Research
21.7.1 Standalone Tracker Market 2023-2030 ($M)
21.7.2 OBD Device Market 2023-2030 ($M)
21.7.3 Advance Tracker Market 2023-2030 ($M)
21.8 Alarm Monitoring Market 2023-2030 ($M) - Regional Industry Research
21.8.1 Remote Terminal Units Market 2023-2030 ($M)
21.8.2 Alarms Sensors Market 2023-2030 ($M)
22.APAC Equipment Monitoring Market By Monitoring Process Market 2023-2030 ($M)
22.1 Online Equipment Monitoring Market 2023-2030 ($M) - Regional Industry Research
22.2 Portable Equipment Monitoring Market 2023-2030 ($M) - Regional Industry Research
23.APAC Equipment Monitoring Market By Deployment Type Market 2023-2030 ($M)
23.1 On-Premise Market 2023-2030 ($M) - Regional Industry Research
23.2 Cloud Market 2023-2030 ($M) - Regional Industry Research
24.APAC Equipment Monitoring Market By Industry Market 2023-2030 ($M)
24.1 Oil & Gas Market 2023-2030 ($M) - Regional Industry Research
24.2 Power Generation Market 2023-2030 ($M) - Regional Industry Research
24.3 Metals & Mining Market 2023-2030 ($M) - Regional Industry Research
24.4 Chemicals Market 2023-2030 ($M) - Regional Industry Research
24.5 Automotive Market 2023-2030 ($M) - Regional Industry Research
24.6 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
24.7 Food & Beverages Market 2023-2030 ($M) - Regional Industry Research
24.8 Marine Market 2023-2030 ($M) - Regional Industry Research
25.MENA Equipment Monitoring Market By Monitoring Type Market 2023-2030 ($M)
25.1 Vibration Monitoring Market 2023-2030 ($M) - Regional Industry Research
25.2 Thermal Monitoring Market 2023-2030 ($M) - Regional Industry Research
25.3 Lubrication Monitoring Market 2023-2030 ($M) - Regional Industry Research
25.4 Corrosion Monitoring Market 2023-2030 ($M) - Regional Industry Research
25.5 Noise Monitoring Market 2023-2030 ($M) - Regional Industry Research
25.6 Motor Current Monitoring Market 2023-2030 ($M) - Regional Industry Research
25.7 Gps Tracking Market 2023-2030 ($M) - Regional Industry Research
25.7.1 Standalone Tracker Market 2023-2030 ($M)
25.7.2 OBD Device Market 2023-2030 ($M)
25.7.3 Advance Tracker Market 2023-2030 ($M)
25.8 Alarm Monitoring Market 2023-2030 ($M) - Regional Industry Research
25.8.1 Remote Terminal Units Market 2023-2030 ($M)
25.8.2 Alarms Sensors Market 2023-2030 ($M)
26.MENA Equipment Monitoring Market By Monitoring Process Market 2023-2030 ($M)
26.1 Online Equipment Monitoring Market 2023-2030 ($M) - Regional Industry Research
26.2 Portable Equipment Monitoring Market 2023-2030 ($M) - Regional Industry Research
27.MENA Equipment Monitoring Market By Deployment Type Market 2023-2030 ($M)
27.1 On-Premise Market 2023-2030 ($M) - Regional Industry Research
27.2 Cloud Market 2023-2030 ($M) - Regional Industry Research
28.MENA Equipment Monitoring Market By Industry Market 2023-2030 ($M)
28.1 Oil & Gas Market 2023-2030 ($M) - Regional Industry Research
28.2 Power Generation Market 2023-2030 ($M) - Regional Industry Research
28.3 Metals & Mining Market 2023-2030 ($M) - Regional Industry Research
28.4 Chemicals Market 2023-2030 ($M) - Regional Industry Research
28.5 Automotive Market 2023-2030 ($M) - Regional Industry Research
28.6 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
28.7 Food & Beverages Market 2023-2030 ($M) - Regional Industry Research
28.8 Marine Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Equipment Monitoring Market Revenue, 2023-2030 ($M)
2.Canada Equipment Monitoring Market Revenue, 2023-2030 ($M)
3.Mexico Equipment Monitoring Market Revenue, 2023-2030 ($M)
4.Brazil Equipment Monitoring Market Revenue, 2023-2030 ($M)
5.Argentina Equipment Monitoring Market Revenue, 2023-2030 ($M)
6.Peru Equipment Monitoring Market Revenue, 2023-2030 ($M)
7.Colombia Equipment Monitoring Market Revenue, 2023-2030 ($M)
8.Chile Equipment Monitoring Market Revenue, 2023-2030 ($M)
9.Rest of South America Equipment Monitoring Market Revenue, 2023-2030 ($M)
10.UK Equipment Monitoring Market Revenue, 2023-2030 ($M)
11.Germany Equipment Monitoring Market Revenue, 2023-2030 ($M)
12.France Equipment Monitoring Market Revenue, 2023-2030 ($M)
13.Italy Equipment Monitoring Market Revenue, 2023-2030 ($M)
14.Spain Equipment Monitoring Market Revenue, 2023-2030 ($M)
15.Rest of Europe Equipment Monitoring Market Revenue, 2023-2030 ($M)
16.China Equipment Monitoring Market Revenue, 2023-2030 ($M)
17.India Equipment Monitoring Market Revenue, 2023-2030 ($M)
18.Japan Equipment Monitoring Market Revenue, 2023-2030 ($M)
19.South Korea Equipment Monitoring Market Revenue, 2023-2030 ($M)
20.South Africa Equipment Monitoring Market Revenue, 2023-2030 ($M)
21.North America Equipment Monitoring By Application
22.South America Equipment Monitoring By Application
23.Europe Equipment Monitoring By Application
24.APAC Equipment Monitoring By Application
25.MENA Equipment Monitoring By Application
26.Key Players, Sales /Revenue, 2015-2018 ($Mn/$Bn)