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The global predictive maintenance and condition monitoring systems market was valued at US$ 10.2 billion in 2023 and is projected to reach US$ 22.4 billion by 2030, at a CAGR of 11.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.
Handheld Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Predictive Maintenance and Condition Monitoring Systems include Chromalox, Dickow Pump Company, Qualitrol, Conax Technologies, Dexter Research Center, Pyromation, ADLINK Technology, Cellwatch and Erbessd Instruments, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Predictive maintenance (PdM) systems and condition monitoring systems are used to predict equipment maintenance, and to monitor corrosion, oil condition, bearing wear, overheating and other parameters than can lead to the breakdown of capital equipment.
This report aims to provide a comprehensive presentation of the global market for Predictive Maintenance and Condition Monitoring Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Predictive Maintenance and Condition Monitoring Systems. This report contains market size and forecasts of Predictive Maintenance and Condition Monitoring Systems in global, including the following market information:
- Global Predictive Maintenance and Condition Monitoring Systems Market Revenue, 2019-2024, 2025-2030, ($ millions)
- Global top five companies in 2023 (%)
We surveyed the Predictive Maintenance and Condition Monitoring Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Predictive Maintenance and Condition Monitoring Systems Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Predictive Maintenance and Condition Monitoring Systems Market Segment Percentages, by Type, 2023 (%)
- Handheld
- Fixed
Global Predictive Maintenance and Condition Monitoring Systems Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Predictive Maintenance and Condition Monitoring Systems Market Segment Percentages, by Application, 2023 (%)
- Paper Mills
- Chemical Processing Plants
- Oil Refineries
- Pharmaceutical Plants
- Others
Global Predictive Maintenance and Condition Monitoring Systems Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Predictive Maintenance and Condition Monitoring Systems Market Segment Percentages, By Region and Country, 2023 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Predictive Maintenance and Condition Monitoring Systems revenues in global market, 2019-2024 (estimated), ($ millions)
- Key companies Predictive Maintenance and Condition Monitoring Systems revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Chromalox
- Dickow Pump Company
- Qualitrol
- Conax Technologies
- Dexter Research Center
- Pyromation
- ADLINK Technology
- Cellwatch
- Erbessd Instruments
- KCF Technologies
- Lion Precision
- SymphonyAI Industrial
- UE Systems
- SONOTEC Ultraschallsensorik Halle
- Kistler
- NeuCloud
- Moons' Electric
- HongKe
Outline of Major Chapters:
Chapter 1: Introduces the definition of Predictive Maintenance and Condition Monitoring Systems, market overview.
Chapter 2: Global Predictive Maintenance and Condition Monitoring Systems market size in revenue.
Chapter 3: Detailed analysis of Predictive Maintenance and Condition Monitoring Systems company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Predictive Maintenance and Condition Monitoring Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports
1.1 Predictive Maintenance and Condition Monitoring Systems Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Predictive Maintenance and Condition Monitoring Systems Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Predictive Maintenance and Condition Monitoring Systems Overall Market Size
2.1 Global Predictive Maintenance and Condition Monitoring Systems Market Size: 2023 VS 2030
2.2 Global Predictive Maintenance and Condition Monitoring Systems Market Size, Prospects & Forecasts: 2019-2030
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Predictive Maintenance and Condition Monitoring Systems Players in Global Market
3.2 Top Global Predictive Maintenance and Condition Monitoring Systems Companies Ranked by Revenue
3.3 Global Predictive Maintenance and Condition Monitoring Systems Revenue by Companies
3.4 Top 3 and Top 5 Predictive Maintenance and Condition Monitoring Systems Companies in Global Market, by Revenue in 2023
3.5 Global Companies Predictive Maintenance a
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