Australian Condition Monitoring Solutions Market, Forecast to 2020

Data-driven Services to Redefine Condition Monitoring by 2020

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The end of the mining super cycle in Australia, completion of large LNG project buildouts, and decline in some manufacturing segments have weakened the demand for condition monitoring solutions. However, over the medium and long term, the normalisation of activity in key verticals and the increased demand for data-driven services will sustain growth between 2016 and 2020. Improved customer appreciation of the benefits of condition monitoring, wider leverage of standards and certification, reduced condition monitoring equipment prices, and demand for analytics will underpin growth. Customers are looking to derive actionable insights from their condition monitoring data and require assistance with integrating dis

Table of Contents

Executive SummaryKey FindingsKey Findings (continued)Scope and DefinitionsCoverage What, Why, and How of Condition MonitoringCondition Monitoring for Predictive MaintenanceScopeDefinitionsDefinitions (continued)Definitions (continued)Key Questions this Study will AnswerMarket Drivers and RestraintsMarket DriversMarket Drivers ExplainedMarket Drivers Explained (continued)Market Drivers Explained (continued)Market RestraintsMarket Restraints ExplainedMarket Restraints Explained (continued)Market Restraints Explained (continued)Condition Monitoring Market Forecasts and TrendsTotal Condition Monitoring MarketRevenue Forecast AssumptionsMarket Segmentation by Product versus ServiceService TrendsWho is the End User?Customer Pain PointsTechnology TrendsTechnology Trends (continued)Remote Condition MonitoringMarket Segmentation by Major Type of SolutionVibration Condition Monitoring TrendsPortable vs Online MonitoringPortable vs Online Monitoring (continued)Oil Analysis TrendsThermography TrendsChannel TrendsDemand TrendsCapital Expenditure TrendCondition Monitoring Market by VerticalMiningOil & GasUtilitiesUtilities (continued)Manufacturing and Other Process IndustriesOthersCompetitive AnalysisIndustry StructureExamples of Industry ParticipantsTiers of CompetitionLeading Participants by Type of SolutionLeading ParticipantsCompetitive AdvantageCompetitive DynamicsCoverage By Main Type of Solution OfferedCoverage By Main Type of Solution Offered (continued)Home-grown Innovators—Some ExamplesRedefining Condition Monitoring with IIoTNeed for Real-time Decision MakingIndustrial Internet of Things (IIoT)Future ArchitectureThe Case for a Unified ViewThe Case for a Unified View (continued)Implications for the Condition Monitoring MarketSummary and OutlookAppendixOther Recent Relevant ResearchLegal DisclaimerThe Frost & Sullivan StoryThe Frost & Sullivan StoryValue Proposition: Future of Your Company & CareerGlobal PerspectiveIndustry Convergence360º Research PerspectiveImplementation ExcellenceOur Blue Ocean Strategy

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