Search results for: 'condition monitoring sensor market'

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 growt...

01 Mar 2022  |  Global  |  Market Research

Global Thermography Condition Monitoring Growth Opportunities

Future Growth Potential of Thermography Monitoring in Identifying Hidden Anomalies

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Thermography is used for predictive condition maintenance and energy conservation in a majority of the substantial applications within the petrochemical, steel, process, and semiconductor industries. This technique is a non-destructive, non-contact method that can be used for a wide range of high-temperature applications, such as maintenance of ele...

14 Feb 2022  |  Global  |  Market Research

Global Oil Condition Monitoring Market

Real-time and Near Real-time Sensors in Oil Analysis

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Oil is a fundamental element for powering engines and for lubricating moving components in assets in the transportation sector. Oil is a key element that impacts productivity and profitability, making it a priority for customers. By monitoring the quality and characteristics of the oil, asset health and efficiency can be monitored, and any issues c...

11 May 2017  |  North America  |  Market Research

Big Data Analytics in Global Condition Monitoring, Forecast to 2023

Rise of New Business Models Through Focus on Software

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The application of Big Data analytics in the condition monitoring market is at a nascent stage. Current solutions offered by vendors are only able to analyze condition data such as vibration. The true value of big data will be realized when analytics service providers are able to offer solutions by combining condition and process data (SCADA and PL...

Vibration condition monitoring (CM) is a method of using sensors and software tools to ensure machine health and maintain safety. Machine sensors use machine monitoring software and other parameters to measure vibration and the thermography of a machine, which offers real-time insight into the health of the machine. For nearly a decade, vibrati...

By capturing data from connected devices (through wireless and non-wireless connections), environmental monitoring sensors monitor and control the quality of the surrounding environment. Advanced and varied sensing and monitoring technologies protect the environment from harmful infections and toxins. Environmental monitoring sensors evaluate the c...

Over the last decade, Europe has experienced water stress due to unprecedented weather disruptions that have affected both water availability and quality. In response, the European Union has revised its water directives, expanding the scope of monitoring and implementing more stringent standards. France, Germany, the United Kingdom, Italy, Spain, a...

17 Jul 2018  |  Global  |  Market Research

Global Condition Monitoring Services Market, Forecast to 2025

Upsurge of Prescriptive Maintenance is Transforming Business Models

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Key Issues Addressed

The condition monitoring services market will undergo a significant transformation over the next 5-8 years with the advent of new technologies changing customer requirements in connectivity and analytics, and with evolving business models featuring among other services specifications. From $1.92 billion in 2017, the market revenues are expected to ...

The adoption of hemodynamic monitoring systems is growing in hospitals, driven by the development of advanced sensors for minimally invasive and noninvasive monitoring. Advancements in wearable and remote monitoring technologies are forecast to support adoption in out-of-hospital settings in the next decade. Vendors are increasingly investing in de...