Industries Market Research Reports

The machine vision market for the electronics and semiconductor industry is highly competitive, with a mix of international players and small and mid-sized component manufacturers. Several smaller players or startups innovating in specific segments, such as lenses, software, and artificial intelligence (AI) in machine vision systems, are also prese...

This Frost & Sullivan research service analyzes the global optical digitizer and scanner (ODS) market and examines drivers and restraints that impact market growth. The ODS market is segmented into structured light scanners (SLSs), laser trackers (LTs), and 3D laser scanners; certain product segments are growing faster than others. In 2021, the mar...

This research analyzes the global trends in the portable CMM market. It has steadily grown, with demand predominantly coming from the automotive, machine shop, and aerospace industries. The disruption caused by the onset of COVID-19 resulted in contracted demand across these industries, and the economic uncertainty resulted in customers being cauti...

This research benchmarks top participants in the global noise, vibration, and harshness (NVH) testing market. Of the more than 20 companies in this space, Frost & Sullivan identified 12 with commendable performance in the 7 key end-user segments (automotive, aerospace and defense [A&D], power generation, consumer electronics, construction, and indu...

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 ...

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...

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 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...