• About Us
  • Contact Us
  • Submit News Release
Monday, June 23, 2025
No Result
View All Result
The MEA Times
  • Middle East
    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025

    HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025

    Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters

    Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

    Four Investment Ideas to Grow Your Wealth in UAE

    Maternity Coverage in Health Insurance

  • Europe
    solution de stockage tout-flash 4 baies à 40 Gbps, idéale pour les créateurs de contenu et l’extension NAS

    solution de stockage tout-flash 4 baies à 40 Gbps, idéale pour les créateurs de contenu et l’extension NAS

    The Socio-Economic and Political Position of Türkiye Compared to Countries in Asia and Europe

    Die größte Plattform für diskretes und luxuriöses Dating

    The Socio-Economic and Political Position of Türkiye Compared to Countries in Asia and Europe

    la plus grande plateforme de rencontres discrètes et luxueuses

    Katalon Officially Launches TrueTest™ — The First AI-Native Testing System That Thinks Like a Tester and Learns from Users

    Katalon Officially Launches TrueTest™ — The First AI-Native Testing System That Thinks Like a Tester and Learns from Users

    Twice as Many Testers Fear Job Loss, But Adoption Keeps Climbing

    Twice as Many Testers Fear Job Loss, But Adoption Keeps Climbing

    The Effectiveness of Press release distribution in the United Kingdom Media landscape

    The Effectiveness of Press release distribution in the United Kingdom Media landscape

  • Africa
    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    جيتور T1 تدخل السوق المصري وتتعاون مع النادي الأهلي لاستكشاف آفاق جديدة لمفهوم “السفر + الرياضة

    جيتور T1 تدخل السوق المصري وتتعاون مع النادي الأهلي لاستكشاف آفاق جديدة لمفهوم “السفر + الرياضة

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

  • Business

    In 2025, guests are seeking soul-enriching experiences – Hotelier Middle East

    A path forward for Europe to compete on the internet – The Irish Times

    Polymarket is taking bets on the Palisades fire in California – Business Insider Africa

    “Manage the business as if it were your own,” says Mövenpick Resort Al Marjan’s GM – Hotelier Middle East

  • Tech

    US tech titans ramp up pressure on EU – ETTelecom

    Europe needs shared defence capabilities – The Strategist

    EU funding for Israeli tech raises fresh concerns about complicity in genocide – Middle East Monitor

    A massive diabetes challenge and pharma-tech moonshots, Europe starts 2025 in launch mode – EURACTIV

  • Lifestyle

    New lifestyle estate coming to popular university town in South Africa – BusinessTech

    Perfect Moment Expands Global Market for its Luxury Ski and Lifestyle Brand with New Sales Agencies in Southern Europe and Japan – Business Wire

    The UK has been below average among European countries for lifestyle freedom for many years – London Loves Business

    Cheap place to live in Europe offers expats 'classic European lifestyle' and rental prices 58% lower than UK rates – GB News

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Press Releases

    Bearing Market forecast shows robust CAGR of 8.5% with valuation expected at USD 3,82,680.2 million by 2032

    Contract Research Organization (CRO) Market Set to Grow to USD 75.5 Billion by 2035 at a CAGR of 4.34%

    Radiology Services Market Share Projected To Reach 65 Billion USD By 2035 | Technology, Trends and Outlook

    Trending Telemedicine Market to Surpass USD 200 Billion by 2035, Registering a CAGR of 9.77% 

    Motorcycle Market Gears Up for Electric and Adventure Growth | Market Size to Hit USD 120 Billion by 2035

    Medical Aesthetics Market Share Anticipated to Hit USD 30 Billion by 2035 with a CAGR of 6.50%

    Medical Tourism Market Set to Surge Beyond USD 150 Billion by 2035 | MRFR Insights

    EV Charging Station Market Surges with Infrastructure Boom | Market Size to Reach USD 316.9 Billion by 2032 with 32.97% CAGR

  • Middle East
    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025

    HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025

    Lemnisk’s Enterprise Strategy Focuses on Doubling  Revenue in Two Quarters

    Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

    Four Investment Ideas to Grow Your Wealth in UAE

    Maternity Coverage in Health Insurance

  • Europe
    solution de stockage tout-flash 4 baies à 40 Gbps, idéale pour les créateurs de contenu et l’extension NAS

    solution de stockage tout-flash 4 baies à 40 Gbps, idéale pour les créateurs de contenu et l’extension NAS

    The Socio-Economic and Political Position of Türkiye Compared to Countries in Asia and Europe

    Die größte Plattform für diskretes und luxuriöses Dating

    The Socio-Economic and Political Position of Türkiye Compared to Countries in Asia and Europe

    la plus grande plateforme de rencontres discrètes et luxueuses

    Katalon Officially Launches TrueTest™ — The First AI-Native Testing System That Thinks Like a Tester and Learns from Users

    Katalon Officially Launches TrueTest™ — The First AI-Native Testing System That Thinks Like a Tester and Learns from Users

    Twice as Many Testers Fear Job Loss, But Adoption Keeps Climbing

    Twice as Many Testers Fear Job Loss, But Adoption Keeps Climbing

    The Effectiveness of Press release distribution in the United Kingdom Media landscape

    The Effectiveness of Press release distribution in the United Kingdom Media landscape

  • Africa
    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025

    جيتور T1 تدخل السوق المصري وتتعاون مع النادي الأهلي لاستكشاف آفاق جديدة لمفهوم “السفر + الرياضة

    جيتور T1 تدخل السوق المصري وتتعاون مع النادي الأهلي لاستكشاف آفاق جديدة لمفهوم “السفر + الرياضة

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    As Part of the “AfriSummit 2024” Activities A High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market

    ضمن فعاليات “قمة إفريقيا للشؤون التنظيمية 2024” اجتماع رفيع بين أوغندا ومصر لتعزيز التعاون الدوائي وتوسيع السوق الإفريقية

  • Business

    In 2025, guests are seeking soul-enriching experiences – Hotelier Middle East

    A path forward for Europe to compete on the internet – The Irish Times

    Polymarket is taking bets on the Palisades fire in California – Business Insider Africa

    “Manage the business as if it were your own,” says Mövenpick Resort Al Marjan’s GM – Hotelier Middle East

  • Tech

    US tech titans ramp up pressure on EU – ETTelecom

    Europe needs shared defence capabilities – The Strategist

    EU funding for Israeli tech raises fresh concerns about complicity in genocide – Middle East Monitor

    A massive diabetes challenge and pharma-tech moonshots, Europe starts 2025 in launch mode – EURACTIV

  • Lifestyle

    New lifestyle estate coming to popular university town in South Africa – BusinessTech

    Perfect Moment Expands Global Market for its Luxury Ski and Lifestyle Brand with New Sales Agencies in Southern Europe and Japan – Business Wire

    The UK has been below average among European countries for lifestyle freedom for many years – London Loves Business

    Cheap place to live in Europe offers expats 'classic European lifestyle' and rental prices 58% lower than UK rates – GB News

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Press Releases

    Bearing Market forecast shows robust CAGR of 8.5% with valuation expected at USD 3,82,680.2 million by 2032

    Contract Research Organization (CRO) Market Set to Grow to USD 75.5 Billion by 2035 at a CAGR of 4.34%

    Radiology Services Market Share Projected To Reach 65 Billion USD By 2035 | Technology, Trends and Outlook

    Trending Telemedicine Market to Surpass USD 200 Billion by 2035, Registering a CAGR of 9.77% 

    Motorcycle Market Gears Up for Electric and Adventure Growth | Market Size to Hit USD 120 Billion by 2035

    Medical Aesthetics Market Share Anticipated to Hit USD 30 Billion by 2035 with a CAGR of 6.50%

    Medical Tourism Market Set to Surge Beyond USD 150 Billion by 2035 | MRFR Insights

    EV Charging Station Market Surges with Infrastructure Boom | Market Size to Reach USD 316.9 Billion by 2032 with 32.97% CAGR

No Result
View All Result
The MEA Times
No Result
View All Result
Home Press Releases

Machine Condition Monitoring Market Worth $5.2 Billion by 2029 – Exclusive Report by Meticulous Research®

by admin
September 10, 2022
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, September 10, 2022 ) According to a new market research report titled, ‘Machine Condition Monitoring Market by Component (Hardware, Software), Process (Online, Portable), Monitoring Technique (Vibration, Thermography, Corrosion), End-use Industry (Energy, Oil & Gas, Telecom), and Geography – Global Forecast to 2029,’ the global machine condition monitoring market is slated to register at a CAGR of 7.3% during the forecast period to reach $5.2 billion by 2029.

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5328

Machine condition monitoring is the ability to assess the health of a machine over time. This process requires measuring specific equipment parameters through machine sensors and other devices. This system helps predict the failure by monitoring the machine conditions such as temperature, vibration, and pressure. Various software are used for this process to send an alert in case of a change in parameters in machine operation. This helps assess and decide corrective actions for machines. Several market players across different industries are adopting machine condition monitoring to reduce the downtime and associated cost, thereby increasing the demand for this market.

Impact of COVID-19 on the Machine Condition Monitoring Market

The spread of COVID-19 in the first quarter of 2020 severely impacted the performance of several industries and economies globally. Governments across the globe were forced to shut down industrial plants. Governments enforced physical distancing norms and movement restrictions on the masses, affecting the operations of various industries. As a result, the industries reduced their dependency on manual labor and increased the adoption of smart industrial technologies to enhance their production processes.

The adoption of advanced technologies created the need for remote supervision and operational control of manufacturing and processing plants. With increasing remote supervision, new machine condition monitoring systems were deployed in various industries. Machine condition monitoring systems help monitor and control the operations from remote locations with the help of real-time data from various devices such as sensors, thus reducing the need for human intervention in the supervision of industrial machines. The global machine condition monitoring market is gaining traction for adopting highly automated systems that require negligible human supervision.

Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5328

The global machine condition monitoring market is segmented based on component (hardware, software, services), deployment type (on-premise, cloud-based), monitoring process (online condition monitoring, portable condition monitoring), monitoring technique (vibration monitoring, corrosion monitoring, thermography, oil analysis, ultrasound monitoring, others), end-use industry (manufacturing, healthcare, energy & utility, aerospace, telecom, agriculture, oil & gas, transportation & logistics, other end-use industries). The study also evaluates industry competitors and analyzes the market at the country level.

Based on component, in 2022, the hardware segment is expected to account for the largest share of the global machine condition monitoring market. The large market share of this segment is attributed to the surge in demand for hardware components such as vibration sensors, infrared sensors, spectrum analyzers, corrosion probes, and other machine condition monitoring systems in smart factories to detect machine condition. Additionally, this segment is also slated to register the highest CAGR during the forecast period.

Based on deployment type, in 2022, the cloud-based segment is expected to account for the largest share of the global machine condition monitoring market. The large market share of this segment is attributed to increasing cloud service adoption due to their low cost, flexibility & scalability, and greater security, thus boosting the growth of this segment. Furthermore, this segment is also slated to register the highest CAGR during the forecast period.

Based on monitoring process, in 2022, the online condition monitoring segment is expected to account for the largest share of the global machine condition monitoring market. Online condition monitoring provides round-the-clock, real-time data to operators, making online condition monitoring favorable in industries such as oil & gas and power generation. Additionally, this segment is also slated to register the highest CAGR during the forecast period.

Based on monitoring technique, in 2022, the vibration monitoring segment is expected to account for the largest share of the global machine condition monitoring market. The large market share of this segment is attributed to the growing demand for vibration sensors and vibration analyzers for machine maintenance and installations for detecting damaged bearings and identifying faults in machines.

Quick Buy – Machine Condition Monitoring Market Research Report: https://www.meticulousresearch.com/Checkout/92979807

Based on end-use industry, in 2022, the manufacturing segment is expected to account for the largest share of the global machine condition monitoring market. The large market share of this segment is attributed to the increasing number of government initiatives to promote industrial automation and Industry 4.0, and the growing demand for predictive maintenance in smart factories. Additionally, this segment is also slated to register the highest CAGR during the forecast period.

Based on geography, in 2022, North America is expected to account for the largest share of the global machine condition monitoring market. The large market share of this region is attributed to the increasing deployment of machine condition monitoring systems across various industries, the advent of big data analytics, and the increasing adoption of secure cloud computing platforms. However, Asia-Pacific is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to the growth of the manufacturing sector and the adoption of Industry 4.0 in countries such as China, Japan, and South Korea.

Some of the key players operating in the global machine condition monitoring market are General Electric Company (U.S.), SKF (Sweden), Wilcoxon Sensing Technologies (U.S.), Emerson Electric Co. (U.S.), ALS Limited (Australia), Honeywell International Inc. (U.S.), Parker Hannifin Corporation (U.S.), Rockwell Automation, Inc. (U.S.), ifm electronic gmbh (Germany), Schaeffler AG (Germany), Baker Hughes Company (U.S.), Analog Devices, Inc. (U.S.), Fluke Corporation (U.S.), Meggitt PLC (U.K.), and National Instruments Corporation (U.S.).



Source link

Previous Post

Anavrin Equestrian Resort & Sports Club joins Healing Hotels of the World

Next Post

8 Climate Fintech Startups from Europe to Watch

RelatedNews

Press Releases

Contract Research Organization (CRO) Market Set to Grow to USD 75.5 Billion by 2035 at a CAGR of 4.34%

June 17, 2025
Press Releases

Radiology Services Market Share Projected To Reach 65 Billion USD By 2035 | Technology, Trends and Outlook

June 17, 2025
Press Releases

Trending Telemedicine Market to Surpass USD 200 Billion by 2035, Registering a CAGR of 9.77% 

June 17, 2025
Press Releases

Motorcycle Market Gears Up for Electric and Adventure Growth | Market Size to Hit USD 120 Billion by 2035

June 17, 2025
Press Releases

Medical Aesthetics Market Share Anticipated to Hit USD 30 Billion by 2035 with a CAGR of 6.50%

June 17, 2025
Press Releases

Medical Tourism Market Set to Surge Beyond USD 150 Billion by 2035 | MRFR Insights

June 17, 2025
Submit a Press Release

Subscribe to our Newsletter

    Recommended

    Healthcare Fabrics Market expected to grow at 7 percent reaching 31.3 Bn. by 2029

    2 years ago

    Live Streaming Market Fueled by Rising Consumer Demand and Technological Advancements as per Maximize Research

    1 month ago

    Subscribe to our Newsletter

      Share Us:

      Category

      Middle East
      Europe
      Africa
      Business
      Tech
      Lifestyle
      Pres Releases

      Recent Post

      Recent Posts
      • تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025
      • تدخل GOMUNOINAKI CO., LTD. اليابانية أسواق الشرق الأوسط وأفريقيا بعلامة “feminak” وتشارك في Africa Health ExCon 2025
      • HONGQI تستعرض الفخامة الشرقية في معرض هونغ كونغ الدولي للسيارات وسلسلة التوريد 2025
      • Lemnisk Unveils Industry-First Innovations for the AI Era of Customer Engagement

      About Us

      The MEA Times reports and aggregates business, Tech and lifestyle news on EMEA regions.

      We provide press release distribution to media outlets in Africa, Middle East and Europe. Submit a press release or contact us today.

      MEA Times™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC
      No Result
      View All Result
      • Middle East
      • Europe
      • Africa
      • Business
      • Tech
      • Lifestyle
      • Press Releases

      © 2022 - MeaTimes.com