Oil Condition Monitoring Market Intelligence Report - Global Forecast to 2027

Oil Condition Monitoring Market Intelligence Report - Global Forecast to 2027

The Global Oil Condition Monitoring Market is projected to reach USD 3,412.10 million by 2027 from USD 1,757.18 million in 2021, at a CAGR 11.69% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Oil Condition Monitoring Market size was estimated at USD 460.93 million in 2021 and expected to reach USD 507.42 million in 2022, at a CAGR 11.23% to reach USD 873.08 million by 2027.
• The Asia-Pacific Oil Condition Monitoring Market size was estimated at USD 529.30 million in 2021 and expected to reach USD 596.77 million in 2022, at a CAGR 12.10% to reach USD 1,050.90 million by 2027.
• The Europe, Middle East & Africa Oil Condition Monitoring Market size was estimated at USD 766.93 million in 2021 and expected to reach USD 854.61 million in 2022, at a CAGR 11.68% to reach USD 1,488.11 million by 2027.

Market Segmentation & Coverage:

The report on oil condition monitoring identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the oil condition monitoring to forecast the revenues and analyze the trends in each of the following sub-markets:

Product Type:

• Compressors
• Engines
• Gear System
• Hydraulic System
• Tooling Systems
• Transformers
• Turbine

Sampling Type:

• Off-site
• On-site
  • Fixed Continuous Monitoring
  • Portable Kit

Vertical:

• Industrial
• Mining
• Oil & Gas
• Power Generation
• Transportation
  • Aerospace
  • Automobile
  • Locomotive Engine
  • Marine

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• Bureau Veritas
• Chevron Corporation
• CM Technologies GmbH
• David Brown Santasalo
• Eaton Corporation plc
• Exxon Mobil Corporation
• General Electric Company
• Honeywell International Inc.
• Intertek Group PLC
• Micromem Technologies Inc.
• National Instruments Corporation
• Parker-Hannifin Corporation
• Poseidon Systems, LLC
• Rheonics
• Royal Dutch Shell PLC
• SGS SA
• SPECTRO Analytical Instruments GmbH
• Tan Delta Systems Limited
• TotalEnergies SE
• TRIBOMAR GmbH
• Unimarine Pte. Ltd.

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 1,757.18 million

Estimated Year Value: USD 1,958.81 million

Forecast Year Value: USD 3,412.10 million

CAGR (%): 11.69%.

Please Note: PDF & Excel + Online Access - 1 Year