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14 Feb 2022  |  Global  |  Market Research
Global Oil Condition Monitoring Market
Real-time and Near Real-time Sensors in Oil Analysis
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...
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01 Mar 2022  |  Global  |  Market Research
Global Thermography Condition Monitoring Growth Opportunities
Future Growth Potential of Thermography Monitoring in Identifying Hidden Anomalies
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...
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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
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...
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27 Mar 2023  |  Global  |  Market Research
Growth Opportunities for Carbon Capture Application in the Blue Hydrogen Industry
Future Growth Potential Enhanced by Regulatory Frameworks, Industrial Decarbonization, and Innovations in Carbon Capture, Utilization, and Storage Technology
Blue hydrogen production is among the topmost growing segments of the carbon capture, utilization, and storage (CCUS) market. The blue hydrogen sector is estimated to grow exponentially after 2024, mainly driven by immense government support, such as funding, incentives, and regulations for its development and deployment. In addition, the demand fo...
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12 Jan 2022  |  Global  |  Market Research
Global Vibration Condition Monitoring Growth Opportunities
Wireless Technology to Ensure Future Growth Potential of Vibration Analysis
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...
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17 Jul 2018  |  Global  |  Market Research
Global Condition Monitoring Services Market, Forecast to 2025
Upsurge of Prescriptive Maintenance is Transforming Business Models
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 ...
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13 Dec 2022  |  North America  |  Market Research
Carbon Emission Reduction Benefits Drive Growth Opportunities for Hazardous Waste Management across the Globe
Transformative Mega Trends, Increasing Prices of Raw Materials, and Supply Chain Risks Set to Drive the Circular Economy Benefits of Reuse and Recycling
Waste management, particularly hazardous waste, is becoming an increasingly complex issue and requires specific, novel collection and handling practices and special management. With population size and industrialization growing, the volume of waste generated may never decrease. With the ongoing gas and energy crisis, the need for energy security is...
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30 Mar 2020  |  Global  |  Technology Research
Benchmarking and Impact Analysis of Carbon Abatement Technologies
Regulatory Pressure and Strategic Motivations Drive the Adoption of Carbon Emissions Mitigation Technologies Across Industries
The amount of carbon dioxide (CO2) generated and emitted into the atmosphere continues to rise as a direct result of a series of complex interactions including population growth, improved standards of living, and expanding economies, and this is clearly demonstrated by both the increasing absolute level and the annual rate of increase in atmospheri...
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30 Jan 2020  |  Global  |  Market Research
Global Condition Monitoring Equipment Market, Forecast to 2023
The Increasing Need for Operational Efficiency Through Edge-to-cloud is Driving Demand for Affordable Wireless CM
The condition monitoring equipment market will undergo a significant transformation over the next 5 or 7 years due to the advent of new technologies, changing requirements for connectivity and analytics features, other equipment specifications. The condition monitoring market generated $1.92 billion in 2018. Although the revenue trajectory varies ...
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22 Jan 2020  |  Global  |  Frost Radar
Frost Radar in the Condition Monitoring Equipment Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
The condition monitoring (CM) equipment market will undergo a significant transformation over the next 5 to 7 years with the advent of new technologies that are changing customer requirements in connectivity and analytics features, among other equipment specifications. Worth $1.92 billion in 2018, CM equipment market revenues are expected to reach ...
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