According to our (Global Info Research) latest study, the global Portable Machine Condition Monitoring Device market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
A Portable Machine Condition Monitoring Device, often referred to as a PMCMD, is a compact and mobile piece of equipment designed to monitor and assess the condition of machinery and industrial equipment in real-time. These devices are crucial in various industries, such as manufacturing, energy, transportation, and more, as they help prevent unexpected breakdowns, reduce downtime, and improve overall operational efficiency.
The market for Portable Machine Condition Monitoring Devices has been witnessing significant growth in recent years. This growth can be attributed to the increasing emphasis on predictive maintenance and the need to maximize the operational uptime of machinery and equipment. Industries are progressively adopting these devices to detect early signs of equipment degradation, lubrication issues, imbalance, misalignment, and other potential problems that may lead to costly breakdowns.
This report is a detailed and comprehensive analysis for global Portable Machine Condition Monitoring Device market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Portable Machine Condition Monitoring Device market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Portable Machine Condition Monitoring Device market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Portable Machine Condition Monitoring Device market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Portable Machine Condition Monitoring Device market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Portable Machine Condition Monitoring Device
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Portable Machine Condition Monitoring Device market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Rockwell Automation, ALS Limited, Meggitt, Honeywell, National Instruments, SKF, General Electric, Parker-Hannifin, Emerson Electric, Bruel & Kjaer, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Portable Machine Condition Monitoring Device market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Vibration Sensors and Analyzers
Infrared Sensors
Spectrometers
Ultrasound Detectors
Spectrum Analyzers
Corrosion Probes
Others
Market segment by Application
Oil & Gas
Power Generation
Metals & Mining
Chemicals
Automotive
Aerospace & Defense
Food & Beverages
Others
Major players covered
Rockwell Automation
ALS Limited
Meggitt
Honeywell
National Instruments
SKF
General Electric
Parker-Hannifin
Emerson Electric
Bruel & Kjaer
Azima DLI
Schaeffler
Fluke
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Portable Machine Condition Monitoring Device product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Portable Machine Condition Monitoring Device, with price, sales quantity, revenue, and global market share of Portable Machine Condition Monitoring Device from 2020 to 2025.
Chapter 3, the Portable Machine Condition Monitoring Device competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Portable Machine Condition Monitoring Device breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Portable Machine Condition Monitoring Device market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Portable Machine Condition Monitoring Device.
Chapter 14 and 15, to describe Portable Machine Condition Monitoring Device sales channel, distributors, customers, research findings and conclusion.
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