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- Condition Monitoring Services Market
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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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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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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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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 Sep 2019  |  Asia Pacific  |  Market Research
Air Conditioner Market in ASEAN-6, Forecast to 2023
Increasing Urbanization and Rising Demand for Energy-Efficient Air Conditioners Driving Market Growth
The air conditioner market in ASEAN-6 countries (comprising Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam) is currently in the growth stage and is expected to expand at a strong CAGR of 7.0% between 2018 and 2023. Increased urbanization and rising awareness about energy-efficient air conditioners is increasing the demand. P...
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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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26 Jul 2021  |  North America  |  Market Research
North American Heating, Ventilation, and Air Conditioning Growth Opportunities
Growth Strategies Will Center Connected Solutions for Energy Optimization and Enhanced Occupant Comfort Inside the Built Environment
The COVID-19 pandemic impact on the North American HVAC market was relatively muted than expected. While the market was forecast to slump by 6% in 2020, the post-Q2 2020 rebound helped HVAC manufacturers get their business back on track. Amid the government change in the United States and the adoption of favorable climate change regulations and pro...
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15 Dec 2021  |  Global  |  Market Research
North American and European Tire Pressure Monitoring System Growth Opportunities
Regulations Mandating Safety Assistance Features and the Impact of Connected Tire Telematics Technology Propel Growth
The tire pressure monitoring system (TPMS) has been a part of vehicles’ active safety assistance features for over a decade because it improves vehicle performance and safety. TPMS is essential to monitor tire condition parameters such as inflation pressure, temperature, tire wear, and vehicle performance parameters (e.g., fuel economy, safety, and...
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