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...

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...

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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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 ...

20 Dec 2022  |  Global  |  Market Research

Global Structural Health Monitoring Equipment Market

Innovation Culture in Structural Health Monitoring to Improve Accuracy and Reduce Failure

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This structural health monitoring (SHM) equipment analysis identifies trends and growth opportunities across various emerging products from market participants, including sensors and data acquisition (DAQ) hardware (wired and wireless) and software for SHM in industry verticals. The applications covered include strain measurement and vibration mo...

The Sensor Technology Opportunity Engine provides profiles of innovations related to Magnetic position sensor enhances precision sensing for automotive chassis control; pH/ORP sensor with extended lifespan for harsh industrial environments; compact wide-view 4D LiDAR sensor enabling 360° perception for physical AI and autonomous systems; 3D compact...

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 Sensor Technology Opportunity Engine provides profiles of innovations related to Multi-Scenario Edge AI Sensing System, 3-gain Design Based InGaAs Sensor, Non-Contact Displacement Sensor Solutions for Industry 4.0 Applications Non-Contact Hall Effect Precision for Harsh Environments, Stacked SPAD Depth Sensor for Automotive dToF LiDAR and Smart...

The Sensor Technology Opportunity Engine provides profiles of innovations related to software-defined vision sensor technology integrating pixel-level computing for low-power, real-time edge perception; flexible direct-conversion X-ray detector technology enabling conformal digital radiography for medical imaging and applications requiring adaptabl...

19 Apr 2023  |  Global  |  Market Research

Global Network Performance Monitoring Solution and Application Performance Monitoring Solution Growth Opportunities

Increasing Network Complexity and Accelerating Digital Transformation will Ensure Future Growth Potential

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This analytics covers solutions that facilitate network performance monitoring and application performance management; these solutions are critical to making efficient utilization of physical servers and network components and to ensuring complete digital transformation. As workloads on both applications and networks increase, data center dynamics ...