Press release
Machine Health Monitoring Market 2016: Global Industry Insights, Statistics, Market shares and Forecasts to 2022
Growing emphasis on plant asset management to enhance productivity has contributed to the growth of the machine health monitoring devices. Moreover, continuous focus on the utilization of plant assets and need to curb possible machinery failures is driving the adoption of the technology. However, challenges in achieving ROI from the devices and unpredictable maintenance time have hindered the growth of the market to a larger extent.The machine health monitoring market is segmented based on type, component, application, monitoring process and geography.
Complete Report Of Machine Health Monitoring Market : http://www.marketresearchstore.com/report/world-machine-health-monitoring-market-opportunities-and-71295
The type covered in the market research report are lubricant oil analysis, ultrasonic inspection, MSCA, vibration monitoring and infrared thermography. Components assessed during the study are corrosion probes, IR sensors, spectrometers, ultrasonic detectors, vibration sensors and others. Applications assessed during the research are oil and gas, marine, automotive, energy and power, metals and mining and others. The study analyzes monitoring processes such as online condition monitoring as well as portable condition monitoring. Regions including North America, Europe, Asia -Pacific and LAMEA are expected to witness tremendous growth.
Key market players active in the machine health monitoring market are Bruel & Kjaer Vibro, Parker Kittiwake, SKF, Rockwell Automation, Honeywell, General, Fluke and Emerson.
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