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Equipment Monitoring Market by Monitoring Type (Vibration, Thermal, Motor Current, Alarm, GPS), Monitoring Process (Online, Portable), Deployment Type (On-premise, Cloud), Industry (Oil & Gas, Power, Automotive), and Region - Global Forecast to 2023
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Equipment Monitoring Market by Monitoring Type, Future Demands, and Key Players, 2023
Scope of The Report Research report categorizes the Equipment Monitoring Market based on Monitoring Type, Monitoring Process, Deployment Type and Region. By Monitoring Type • Vibration • Thermal • Motor Current • Alarm • GPS By Monitoring Process • Online • Portable And More…
Key Segments The equipment monitoring market is estimated to grow from USD 3.23 Billion in 2018 to USD 4.47 Billion by 2023, at a CAGR of 6.7% between 2018 and 2023. 1 Factors such as the advancement of wireless technology in equipment monitoring system, reduced cost of IoT component leading to cost- effective equipment monitoring, and adoption of equipment monitoring systems are driving the growth of the equipment monitoring market at present. 2 3 Browse 67 market data Tables and 53 Figures spread through 161 Pages and in-depth TOC on "Equipment Monitoring Market” The vibration monitoring held the largest size of equipment monitoring market in 2017 Oil & gas industry held the largest size of the equipment monitoring mar ket in 2017 4 5 North America to hold the largest size of the equipment monitoring market between 2018 and 2023
Equipment Monitoring Market Growth Rate 2023 2018 CAGR of 6.7% Market Size of $ 3.23 Billion Market Size of $ 4.47 Billion
Key Vendors Vendors Emerson Electric (US) General Electric (US) Honeywell (US) National Instruments (US) SKF (Sweden) Rockwell Automation (US) • • • • • • View Report Here - https://www.marketsandmarkets.com/Market-Reports/equip ment-monitoring-market-219850011.html
Top Region.. North America • Europe • APAC • RoW • View Report Here - https://www.marketsandmarkets.com/Market-Reports/equipment-monitoring-marke t-219850011.html
Target Audience of this Report 1. Asset management consultants that specialize in physical asset management 2. Manufacturers of components such as accelerometers, eddy current sensors, IR detectors, ultrasonic detectors, and other devices used for equipment monitoring 3. Associations and regulatory authorities related to plant maintenance 4. Government bodies, venture capitalists, and private equity firms 5. Maintenance personnel, manufacturers, and suppliers of equipment monitoring solutions
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