Search results for: 'software license revenue model'

28 Sep 2017  |  Global  |  Market Research

Global Condition Monitoring Equipment Market, Forecast to 2021

Condition Monitoring Equipment Market to Surpass $2 Billion Revenue in 2021 Driven by Technology Convergence and Increasing Awareness

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The condition monitoring equipment market will undergo a significant transformation over the next 5 to 7 years with the advent of new technologies changing customer requirements in connectivity and analytics features among other equipment specifications. Worth $1.62 billion in 2016, the market revenues are expected to reach $2.07 billion by 2021 at...

The global network performance monitoring (NPM) and application performance management (APM) solutions market is well established and is witnessing a period of dynamic growth, with the tools increasing their focus on user experience while maintaining an optimal performance level for the network and application infrastructure. It includes various ta...

The analytical instrumentation for the chemicals and petrochemicals market includes companies that use analyzers and other tools for: • Producing and processing of base chemicals, intermediate chemicals, and fine chemicals; • Refining and producing petroleum-based chemical products (such as petroleum jelly, motor oil, diesel, lubricants, and ke...

17 Mar 2021  |  Global  |  Market Research

5G and IoT Accelerates the Global Electronics Test & Measurement Rental and Lease Market

Strategic Partnerships with OEMs and End Users Through Innovative Operational Efficiency Focused Business Models to Fuel New Growth Opportunities

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Key Issues Addressed

The global electronics test & measurement rental and lease market comprise the companies and end users that opt for procuring new and used general-purpose electronics test & measurement instruments through rental or lease financing options. The rental and leasing finance model provides an alternate procurement option for end users with CAPEX issues...

Non-destructive testing (NDT) is the process of inspecting, testing, or assessing materials, components, sub-assemblies, and assemblies for defects (surface and sub-surface level defects) that can compromise product quality and/or cause premature product failures. Industries (process and discrete) have used NDT for decades to ensure the quality of ...

03 May 2016  |  Europe  |  Market Research

European Nondestructive Testing (NDT) Inspection Services Market Analysis, Forecast to 2020

Untapped Growth Potential in Eastern Europe and Wind Energy to Drive Overall Revenues

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For the European NDT inspection services market, the past 5 years have been torrid with the much discussed sovereign debt crisis crippling many economies. While some economies have turned around, the NDT inspection services market took a fresh blow when oil prices started declining to their lowest level in over 12 years. There are pockets of growth...

The impact of the convergence of Information Technology (IT) and Operational Technology (OT) has been tremendous in recent times. Benefits of this convergence can be seen even in traditional markets (e.g., mechanical testing). The world is staring at an economic mess propelled by the catastrophic outbreak of COVID-19. In 2020, the demand for digita...

28 Dec 2017  |  Global  |  Market Research

Global Non-destructive Test Equipment Market, Forecast to 2022

High Growth Potential in the APAC Region is Set to Drive the Overall Revenues by 2022

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The global non-destructive testing (NDT) equipment market is projected to witness significant growth owing to infrastructure projects across the world, especially in the APAC region, along with the increasing demand to improve the quality and life cycle of machines. Some of the major companies involved in the production and manufacturing of non-d...

Identifying growth opportunities in the test & measurement industry beyond the existing business could bring about changes in the competitive landscape. It is no longer test equipment vs. test equipment: Manufacturers cannot focus on hardware alone. Instead, the potential exists for an entirely new services model that focuses on platforms and the e...