The Business Research Company’s Machine Condition Monitoring Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Machine Condition Monitoring Global Market Report 2023 evaluates machine condition monitoring market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global machine condition monitoring market is expected to grow from 87.72 billion in 2022 to $93.41 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The machine tools market size is expected to grow to $112.58 billion in 2027 at a CAGR of 4.8%.
The machine condition monitoring market segments in the report are:
1) By Type: Hardware, Software, Services
2) By Deployment Type: On-premises, Cloud
3) By Monitoring Technique: Vibration Monitoring, Thermography, Oil Analysis, Corrosion Monitoring, Ultrasound Emission, Motor Current Analysis
4) By Industry: Oil And Gas, Power Generation, Metals And Mining, Chemicals, Automotive, Aerospace And Defense, Food And Beverages, Marine
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The table of contents in TBRC’s machine condition monitoring market report includes:
1. Executive Summary
2. Machine Condition Monitoring Market Characteristics
3. Machine Condition Monitoring Market Trends And Strategies
4. Impact Of COVID-19 On Machine Condition Monitoring Market
5. Machine Condition Monitoring Market Size And Growth
…
27. Competitive Landscape And Company Profiles Of The Machine Condition Monitoring Market
28. Key Mergers And Acquisitions Of The Machine Condition Monitoring Market
29. Future Outlook and Potential Analysis Of The Machine Condition Monitoring Market
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