The global condition monitoring service market is anticipated at US$ 3.5 billion in 2022. Demand is likely to remain high for condition monitoring services during the assessment period. This is due to the increased machine failures in different industries and garnering US$ 9.7 billion in 2033, recording a CAGR of 9.8% from 2023 to 2033. The market is likely to secure US$ 3.8 billion in 2023.
Data Points | Key Statistics |
---|---|
Condition Monitoring Service Market Size Value in 2023 | US$ 3.8 billion |
Condition Monitoring Service Market Market Forecast Value in 2033 | US$ 9.7 billion |
Global Growth Rate | 9.8% |
Forecast Period | 2023 to 2033 |
Key Factors Shaping the Demand Outlook of the Condition Monitoring Service Industry:
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Historical CAGR (2018 to 2022) | 4.2% |
---|---|
Forecasted CAGR (2023 to 2033) | 9.8% |
According to Future Market Insights (FMI), the global condition monitoring service market totalled US$ 3.5 billion in 2022 expanding at a CAGR of 4.2% between 2018 and 2022. The sales of condition monitoring services are estimated to increase by 1.9x between 2023 and 2033.
Condition monitoring is a process of assessing and monitoring the conditions of machinery and equipment to identify changes and variations that could indicate a developing fault. These services monitor critical parameters such as vibration, temperature, and noise in order to determine the optimal operating state of machinery.
Rising emphasis on increasing machinery life, enhancing production quality, and reducing downtime are some of the factors boosting the market. The demand for condition monitoring services, especially in the manufacturing sector, is estimated to surge over the coming years.
Growing Emphasis on Workplace Safety Boost the Condition Monitoring Service Market
A significant rise in the number of workplace machine breakdowns and labor injuries due to machine failure is being witnessed. The fatalities in the workplace have surged due to the increasing machine use time and growing production activities across the globe.
Governments in several countries are extensively undertaking a number of initiatives and launching numerous programs to curb fatalities. For instance, the United States Department of Labor has implemented numerous workplace safety regulations such as Republic Act No 11058 under the Occupational Safety and Health Administration (OSHA).
Manufacturers across industries such as oil & gas, automotive, chemical, and food & beverage are adopting condition monitoring services to comply with such regulations and prevent loss due to machine breakdown. The sales of condition monitoring services are estimated to surpass US$ 6.79 billion by the end of 2033.
Expansion of the Power Generation Sector Affects the Condition Monitoring Service Market
The power generation sector is witnessing robust growth with rapid industrialization and increasing demand for energy across the manufacturing industry. Governments across the globe are focusing on developing new power generation infrastructures to meet the demand for energy.
For instance, in 2022, the Indian Government announced the construction of new nuclear power in Chennai, with a power generation capacity of 500 MW. Governments and several industrial players are adopting condition monitoring services to ensure that equipment and machinery are unaffected by power cuts as the establishment of these power generation plants is increasing.
A multiplicity of such developments, especially across India, China, and Russia are expected to favor the growth in the market. As per FMI, the global condition monitoring service market is anticipated to expand at a CAGR of 9.8% over the forecast period 2023 to 2033.
Growing Wind Energy Generation Activities to Spur the Vibration Monitoring Service Sales
As per Future Market Insights, Sweden is anticipated to account for a significant share in the Europe condition monitoring service market between 2023 and 2033.
Increasing renewable energy development and a growing number of wind turbine installation projects are favoring the growth in the country. For instance, the rate of wind turbine installation across Sweden was 1 in 2 weeks in 2019.
Vibration monitoring services are extensively used for assessing and identifying any changes in the operation of wind turbines. Hence, rising wind energy generation activities in Sweden are expected to bolster sales in the market.
FMI estimates, the Europe condition monitoring service market will account for more than 21.6% of the sales by 2023.
Rising Automobile Production and Sales to Fuel the Demand for Advanced Condition Monitoring Services
FMI states that the United States is estimated to emerge as the most lucrative condition monitoring service market in North America, accounting for more than 25.5% of global sales by the end of 2023.
Growing production and sales of automotive vehicles are one of the factors facilitating the growth in the market. According to the Bureau of Transportation Statistics, around 10.93 Million passenger cars and commercial vehicles were manufactured across the United States in 2019.
Leading automakers are increasingly adopting advanced condition monitoring services to calculate the life of assets, predict failure, and help schedule maintenance with rising automobile production. This is anticipated to augment the sales of condition-monitoring services in the United States.
Increasing Oil and Gas Exploration Activities to Accelerate the Sales of Remote Vibration Monitoring Services
India is projected to register rapid growth in South Asia and Pacific markets over the assessment period. Sales in South Asia and Pacific are estimated to account for 15.7% of the condition monitoring service sales in 2023, reveals FMI.
The government in India is focusing on increasing oil and gas exploration activities as demand for fuel and petroleum products continues to surge. For instance, in 2021, the Indian Government announced its plan to invest US$ 2.86 billion in increasing upstream oil and gas production activities to drill over 120 oil exploration wells by 2022.
Increasing workplace safety concerns across offshore oil and gas plants are encouraging industry players to adopt remote vibration monitoring services. The growth of the condition monitoring service market in India is expected to bolster for predictive maintenance and identifying the components increasing machinery downtime.
Increasing Application Across Diverse Industries to Boost the Demand for Vibration Monitoring Service
On the basis of technique, the vibration analysis segment is expected to account for a significant share in the global condition monitoring service market from 2023 to 2033, states FMI.
Vibration monitoring services are increasingly being adopted across automotive, power generation, and mining & metal industries. Growth in the segment is attributable to their ability to predict possible deformities in the equipment and machineries.
This technique is extensively used to plan maintenance, enhance asset efficiency, and avoid unscheduled standstill, thereby, favoring the growth in the segment.
Preference for Portable Machines to Augment the Growth in the Condition Monitoring Service Market
As per Future Market Insights, the portable machine diagnostics segment is projected to dominate the market, creating incremental opportunities of more than US$ 1 billion by the end of 2023.
Portable machine diagnostics are mobile, lightweight, easy to use, fast, and highly capable in collecting data about machine problems and analyzing them. It is increasingly being preferred for accurate measurements of performance and equipment conditions over handheld devices.
This is expected to spur the sales of condition monitoring services across the portable machine diagnostics segment.
Increasing Penetration of Automated Technologies to Propel the Demand for Condition Monitoring
FMI reveals that the automotive and transportation industry is estimated to account for a significant value share between 2023 and 2033.
Growing penetration of the Industry 4.0 trend and increasing adoption of automated technologies across the automotive and logistics sector has substantially accelerated the incidence of machine failure resulting in a halt of production.
Industry players are adopting condition monitoring services such as oil analysis and vibration analysis for scheduling their routine maintenance. This is bolstering the demand in the segment.
Key companies in the global condition monitoring service market are focusing on launching novel products and services to expand their service portfolio. Some of the players are also aiming at mergers and acquisitions to gain a competitive edge. For instance,
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Attribute | Details |
---|---|
Growth Rate | CAGR of 9.8% from 2023 to 2033 |
Market Value in 2023 | US$ 3.5 billion |
Market Value in 2033 | US$9.8 billion |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in US$ Billion and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
|
Regions Covered |
|
Key Countries Profiled |
|
Key Companies Profiled |
|
The market is valued at US$ 3.5 billion in 2023.
The market is expected to reach US$ 9.7 billion by 2033.
The market is expected to grow at a CAGR of 9.8% through 2033.
The vibration analysis segment is expected to account for a significant share in the market.
The portable machine diagnostics segment is projected to dominate the market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Technique
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Technique, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Technique, 2023 to 2033
5.3.1. Vibration Analysis
5.3.2. Corrosion Monitoring
5.3.3. Infrared Thermography
5.3.4. Ultrasound Testing
5.3.5. Motor Condition Monitoring
5.3.6. Oil Analysis
5.4. Y-o-Y Growth Trend Analysis By Technique, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Technique, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Operation
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Operation, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Operation, 2023 to 2033
6.3.1. Route Based Monitoring
6.3.2. Portable Machine Diagnostics
6.3.3. Online Machine Monitoring
6.3.4. Online Machine Protection
6.3.5. Factory Assurance Test
6.4. Y-o-Y Growth Trend Analysis By Operation, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Operation, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use Industry
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis by End Use Industry, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast by End Use Industry, 2023 to 2033
7.3.1. Oil & Gas
7.3.2. Power Generation
7.3.3. Aerospace & Defense
7.3.4. Automotive & Transportation
7.3.5. Marine
7.3.6. Mining & Metal
7.3.7. Food & Beverage
7.3.8. Chemical & Petrochemical
7.4. Y-o-Y Growth Trend Analysis by End Use Industry, 2018 to 2022
7.5. Absolute $ Opportunity Analysis by End Use Industry, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South Asia and Pacific
8.3.6. East Asia
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. The USA
9.2.1.2. Canada
9.2.2. By Technique
9.2.3. By Operation
9.2.4. By End Use Industry
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Technique
9.3.3. By Operation
9.3.4. By End Use Industry
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Technique
10.2.3. By Operation
10.2.4. By End Use Industry
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Technique
10.3.3. By Operation
10.3.4. By End Use Industry
10.4. Key Takeaways
11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. United Kingdom
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Western Europe
11.2.2. By Technique
11.2.3. By Operation
11.2.4. By End Use Industry
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Technique
11.3.3. By Operation
11.3.4. By End Use Industry
11.4. Key Takeaways
12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Poland
12.2.1.2. Russia
12.2.1.3. Czech Republic
12.2.1.4. Romania
12.2.1.5. Rest of Eastern Europe
12.2.2. By Technique
12.2.3. By Operation
12.2.4. By End Use Industry
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Technique
12.3.3. By Operation
12.3.4. By End Use Industry
12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Bangladesh
13.2.1.3. Australia
13.2.1.4. New Zealand
13.2.1.5. Rest of South Asia and Pacific
13.2.2. By Technique
13.2.3. By Operation
13.2.4. By End Use Industry
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Technique
13.3.3. By Operation
13.3.4. By End Use Industry
13.4. Key Takeaways
14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Technique
14.2.3. By Operation
14.2.4. By End Use Industry
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Technique
14.3.3. By Operation
14.3.4. By End Use Industry
14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Technique
15.2.3. By Operation
15.2.4. By End Use Industry
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Technique
15.3.3. By Operation
15.3.4. By End Use Industry
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2022
16.1.2.1. By Technique
16.1.2.2. By Operation
16.1.2.3. By End Use Industry
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2022
16.2.2.1. By Technique
16.2.2.2. By Operation
16.2.2.3. By End Use Industry
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2022
16.3.2.1. By Technique
16.3.2.2. By Operation
16.3.2.3. By End Use Industry
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2022
16.4.2.1. By Technique
16.4.2.2. By Operation
16.4.2.3. By End Use Industry
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2022
16.5.2.1. By Technique
16.5.2.2. By Operation
16.5.2.3. By End Use Industry
16.6. United Kingdom
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2022
16.6.2.1. By Technique
16.6.2.2. By Operation
16.6.2.3. By End Use Industry
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2022
16.7.2.1. By Technique
16.7.2.2. By Operation
16.7.2.3. By End Use Industry
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2022
16.8.2.1. By Technique
16.8.2.2. By Operation
16.8.2.3. By End Use Industry
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2022
16.9.2.1. By Technique
16.9.2.2. By Operation
16.9.2.3. By End Use Industry
16.10. Poland
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2022
16.10.2.1. By Technique
16.10.2.2. By Operation
16.10.2.3. By End Use Industry
16.11. Russia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2022
16.11.2.1. By Technique
16.11.2.2. By Operation
16.11.2.3. By End Use Industry
16.12. Czech Republic
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2022
16.12.2.1. By Technique
16.12.2.2. By Operation
16.12.2.3. By End Use Industry
16.13. Romania
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2022
16.13.2.1. By Technique
16.13.2.2. By Operation
16.13.2.3. By End Use Industry
16.14. India
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2022
16.14.2.1. By Technique
16.14.2.2. By Operation
16.14.2.3. By End Use Industry
16.15. Bangladesh
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2022
16.15.2.1. By Technique
16.15.2.2. By Operation
16.15.2.3. By End Use Industry
16.16. Australia
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2022
16.16.2.1. By Technique
16.16.2.2. By Operation
16.16.2.3. By End Use Industry
16.17. New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2022
16.17.2.1. By Technique
16.17.2.2. By Operation
16.17.2.3. By End Use Industry
16.18. China
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2022
16.18.2.1. By Technique
16.18.2.2. By Operation
16.18.2.3. By End Use Industry
16.19. Japan
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2022
16.19.2.1. By Technique
16.19.2.2. By Operation
16.19.2.3. By End Use Industry
16.20. South Korea
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2022
16.20.2.1. By Technique
16.20.2.2. By Operation
16.20.2.3. By End Use Industry
16.21. GCC Countries
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2022
16.21.2.1. By Technique
16.21.2.2. By Operation
16.21.2.3. By End Use Industry
16.22. South Africa
16.22.1. Pricing Analysis
16.22.2. Market Share Analysis, 2022
16.22.2.1. By Technique
16.22.2.2. By Operation
16.22.2.3. By End Use Industry
16.23. Israel
16.23.1. Pricing Analysis
16.23.2. Market Share Analysis, 2022
16.23.2.1. By Technique
16.23.2.2. By Operation
16.23.2.3. By End Use Industry
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Technique
17.3.3. By Operation
17.3.4. By End Use Industry
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Schaeffler Technologies AG & Co.
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.2. Kirloskar Brothers Ltd
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.3. Siemens AG
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.4. Honeywell International Inc.
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.5. ABB Ltd.
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.6. Emerson Electric Co.
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.7. Rockwell Automation, Inc.
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.8. Fluke Corporation
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.9. Parker Hannifin Corp.
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.10. General Electric
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.11. Festo Group
18.1.11.1. Overview
18.1.11.2. Product Portfolio
18.1.11.3. Profitability by Market Segments
18.1.11.4. Sales Footprint
18.1.11.5. Strategy Overview
18.1.11.5.1. Marketing Strategy
18.1.12. AB SKF
18.1.12.1. Overview
18.1.12.2. Product Portfolio
18.1.12.3. Profitability by Market Segments
18.1.12.4. Sales Footprint
18.1.12.5. Strategy Overview
18.1.12.5.1. Marketing Strategy
18.1.13. Fuji Electric
18.1.13.1. Overview
18.1.13.2. Product Portfolio
18.1.13.3. Profitability by Market Segments
18.1.13.4. Sales Footprint
18.1.13.5. Strategy Overview
18.1.13.5.1. Marketing Strategy
18.1.14. Eaton Plc
18.1.14.1. Overview
18.1.14.2. Product Portfolio
18.1.14.3. Profitability by Market Segments
18.1.14.4. Sales Footprint
18.1.14.5. Strategy Overview
18.1.14.5.1. Marketing Strategy
18.1.15. Meggit PLC
18.1.15.1. Overview
18.1.15.2. Product Portfolio
18.1.15.3. Profitability by Market Segments
18.1.15.4. Sales Footprint
18.1.15.5. Strategy Overview
18.1.15.5.1. Marketing Strategy
18.1.16. PCE Instruments
18.1.16.1. Overview
18.1.16.2. Product Portfolio
18.1.16.3. Profitability by Market Segments
18.1.16.4. Sales Footprint
18.1.16.5. Strategy Overview
18.1.16.5.1. Marketing Strategy
18.1.17. AIMIL ltd.
18.1.17.1. Overview
18.1.17.2. Product Portfolio
18.1.17.3. Profitability by Market Segments
18.1.17.4. Sales Footprint
18.1.17.5. Strategy Overview
18.1.17.5.1. Marketing Strategy
18.1.18. Bachmann Electronic GmbH
18.1.18.1. Overview
18.1.18.2. Product Portfolio
18.1.18.3. Profitability by Market Segments
18.1.18.4. Sales Footprint
18.1.18.5. Strategy Overview
18.1.18.5.1. Marketing Strategy
18.1.19. Ingeteam
18.1.19.1. Overview
18.1.19.2. Product Portfolio
18.1.19.3. Profitability by Market Segments
18.1.19.4. Sales Footprint
18.1.19.5. Strategy Overview
18.1.19.5.1. Marketing Strategy
18.1.20. Bruel & Kjaer Vibro GmbH
18.1.20.1. Overview
18.1.20.2. Product Portfolio
18.1.20.3. Profitability by Market Segments
18.1.20.4. Sales Footprint
18.1.20.5. Strategy Overview
18.1.20.5.1. Marketing Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
Industrial Automation
December 2022
REP-GB-2006
250 pages
Explore Industrial Automation Insights
View Reports