World%20Condition%20Monitoring%20Equipment%20and%20Services%20Market%20%20Need%20for%20Integration%20with%20Plant%20Asset%20Management%20and%20CMMS%20Propels%20the%20Market

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World Condition Monitoring Equipment and Services
Market Need for Integration with Plant Asset
Management and CMMS Propels the Market

• Condition monitoring techniques are witnessing
  strong demand as organizations across the world
  are increasingly using such solutions for
  improving performance from plant assets, thereby
  resulting in better productivity, and substantial
  savings

Test Measurement Analyst Team Frost Sullivan
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Industry Trends

• Consolidation has resulted in the acquisition of
  some of the key industry players by larger
  entities. Synergies of consolidations will
  continue to impact market.
• Increasing need for Integration of Condition
  Monitoring systems with Plant Asset Management
  systems and CMMS towards monitoring of total
  asset health.
• Industry downturn and pursuit of cost
  optimization has resulted in manpower reduction
  in maintenance departments of organizations. This
  trend offers greater opportunities for condition
  monitoring services, especially in North America
  and Western Europe.
• Inadequate awareness in market regarding
  condition monitoring as investment rather than
  expense
• Shift of manufacturing to developing countries
  resulting is strong growth potential in these
  markets.

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Key Features

• Frost Sullivan provides
• Detailed insights into recent developments and
  trends
• Opportunities, challenges, and strategic demand
• recommendations
• Analyst insights on hot topics and emerging
  opportunities in
• the Condition Monitoring Equipment and Services
  Market
• Market sizing and in-depth end-user analysis in
  the Condition
• Monitoring Equipment Market
• Market forecasts and analysis

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What We Offer

• Global Coverage North America, Europe, Asia
  Pacific, Rest of world
• Proven methodology encompassing extensive primary
  and secondary data and research
• Focused information and strategies that cover
  business and technology issues
• Credible data and analysis highlighting industry
  dynamics
• Winning strategies to help you create precise
  business plans

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Who Will Benefit?

• Current Market Participants
• Find out how you compare to the competition
• Assess current and future drivers and restraints
• Determine and exploit market share opportunities
  through new end-user application demand
• New Entrants
• Analyze challenges associated with the industry
• Calculate forecasts for end-user growth potential
• Position yourself to capitalize on the markets
  unmet needs
• Investment Community
• Analyze long-term strategies of condition
  monitoring equipment and service companies
• Determine which participants will outperform the
  competition
• Assess attractiveness of investing in the
  condition monitoring equipment and services market

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Whats Included

• Segment wise analysis of industry by the
  following condition
• monitoring equipment or service
• Vibration Condition Monitoring
• Lubricating Oil Analysis
• Thermography

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Key Market Participants
ABB DLI Engineering Bently Nevada Corp. Bruel
Kjaer Emerson Electric Co. - CSI FLIR Systems,
Inc. Mikron Instruments Co., Inc. National
Instruments Corp. NEC Perkin Elmer, Inc. Raytheon
Commercial Infrared/ Raytheon Co. Rockwell
Automation Entek IRD SKF Condition Monitoring/
SKF Reliability Systems Spectro, Inc. Thermo Group
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For More Information

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• (877.463.7876)
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