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The study focuses on the impacts of three evolving business models—service-based, fee-based, and eCommerce—that test and measurement (T&M) providers will face from 2016. Mega Trends across industry verticals such as automotive, healthcare, aerospace, consumer electronics, communication, and energy and environment lead to the creation of certain fac...

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...

Digitalization is transforming laboratory operations, resulting in a demand for cloud-based and AI-integrated laboratory information management systems (LIMS) to manage complex data and high volumes from automated systems. By combining these tools with software-as-a-service (SaaS) models, providers can offer more flexible and cost-effective solutio...

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 ...

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...

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...

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...

This study provides a detailed analysis of how global Mega Trends are rapidly changing the business and technology landscape of the test and measurement industry from 2015 to 2025. It examines 6 segments of the industry: general purpose electronic test, data acquisition, communication test, non-destructive test, condition monitoring, and dimensiona...

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 ...