Global Predictive Maintenance and Condition Monitoring Systems Market Growth (Status and Outlook) 2025-2031

The global Predictive Maintenance and Condition Monitoring Systems market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

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.

United States market for Predictive Maintenance and Condition Monitoring Systems is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Predictive Maintenance and Condition Monitoring Systems is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Predictive Maintenance and Condition Monitoring Systems is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Predictive Maintenance and Condition Monitoring Systems players cover Chromalox, Dickow Pump Company, Qualitrol, Conax Technologies, Dexter Research Center, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Predictive Maintenance and Condition Monitoring Systems Industry Forecast” looks at past sales and reviews total world Predictive Maintenance and Condition Monitoring Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected Predictive Maintenance and Condition Monitoring Systems sales for 2025 through 2031. With Predictive Maintenance and Condition Monitoring Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Predictive Maintenance and Condition Monitoring Systems industry.

This Insight Report provides a comprehensive analysis of the global Predictive Maintenance and Condition Monitoring Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Predictive Maintenance and Condition Monitoring Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Predictive Maintenance and Condition Monitoring Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Predictive Maintenance and Condition Monitoring Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Predictive Maintenance and Condition Monitoring Systems.

This report presents a comprehensive overview, market shares, and growth opportunities of Predictive Maintenance and Condition Monitoring Systems market by product type, application, key players and key regions and countries.

Segmentation by Type:
Handheld
Fixed

Segmentation by Application:
Paper Mills
Chemical Processing Plants
Oil Refineries
Pharmaceutical Plants
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please note: The report will take approximately 2 business days to prepare and deliver.