Market Research Report

Global Oil Condition Monitoring Market by Product Type (Turbines, Compressors, Engines, Gear Systems, Hydraulic Systems), Sampling Type (On-site, Off-site), Industry (Transportation, Industrial, Oil & Gas), and Region - Global Forecast to 2027

  • AMR ID : BZRC-697022
  • CAT ID : 12
  • Pages : 200
  • Date : Oct 2020
 

Global Oil condition monitoring market is valued approximately at USD 779 million in 2020 and is anticipated to grow with a CAGR of more than 8.5% over the forecast period 2020-2027. Factors such as, developing interest for efficient arrangements, expanding requirement for time improvement, and growing interest for electricity that drives the requirement for continuous oil checking in turbines are fuelling the market development. Organizations are constantly searching for various financially savvy approaches to decrease the expense of oil condition observing in automobile industry. On site oil condition checking has helped automobile makers to impressively improve their efficiency, proficiency, and productivity concerning prescient support. The off-site oil condition checking development can be ascribed to the higher reception of customary observing frameworks. The majority of the oil condition observing firms are equipped with research facility testing for better and in-detailed analysis of the sample. The transportation business incorporates automobiles, aerospace, marine, heavy vehicles, and locomotive engines. The oil condition observing aids in evading critical motor failure that may happen in boats and planes. Subsequently, the interest for oil condition monitoring is required to increment in the marine and aerospace business. The development in the automobile business is ascribed to the expanding accentuation of vehicle producers to install real-time oil monitoring sensors in cars.For instance, statistica 2020 mentioned that the global sales of passenger cars are forecast to fall to 59.6 million units in 2020, down from a peak of 79.6 in 2017. According to economic times, an estimated drop in demand of 9.3 million barrels a day this year is equivalent to a decade's worth of growth which will also impact the oil monitoring market at large extent in forecasted period. The advancements in predictive maintenance technologies are encouraging end-users to adopt oil condition monitoring solutions across industries which can be seen as a lucrative opportunity for growth of oil condition monitoring market. In any case, additional expenses acquired in retrofitting existing frameworks are one of the key components hampering the market development.
The regional analysis of oil condition monitoring market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the presence of major players of various industries such as automotive, oil & gas, power generation, and mining has lead the growth of the market. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Parker Hannifin
Chevron
General Electric
Shell
Bureau Veritas
BP
Eaton
Intertek Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Turbines
Compressors
Engines
Gear Systems
Hydraulic Systems
By Sampling Type:
On-Site
Off-Site

By Industries:
Transportation
Industrial
Oil & gas
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2020
Forecast period – 2020 to 2027

Target Audience of the Oil Condition Monitoring Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2027 (USD Million)
1.2.1. Global Oil Condition monitoring market, by Region, 2020-2027 (USD Million)
1.2.2. Global Oil Condition monitoring market, by Product type, 2020-2027 (USD Million)
1.2.3. Global Oil Condition monitoring market, by sampling type, 2020-2027 (USD Million)
1.2.4. Global Oil Condition monitoring market, by industries, 2020-2027 (USD Million)
1.2.5. Global Oil Condition monitoring market, by region, 2020-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Oil Condition monitoring market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Oil Condition monitoring market Dynamics
3.1. Global Oil Condition monitoring market Impact Analysis (2020-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Oil Condition monitoring market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Oil Condition monitoring market, by Sampling type
5.1. Market Snapshot
5.2. Global Oil Condition monitoring market by Offering, Performance - Potential Analysis
5.3. Global Oil Condition monitoring market Estimates & Forecasts by Sampling type 2020-2027(USD Million)
5.4. Global Oil condition monitoring market, Sub Segment Analysis
5.4.1. On-Site
5.4.2. Off-Site
Chapter 6. Global Oil Condition monitoring market, by Product type
6.1. Market Snapshot
6.2. Global Oil Condition monitoring market by Type, Performance - Potential Analysis
6.3. Global Oil Condition monitoring market Estimates & Forecasts by Product type2020-2027(USD Million)
6.4. Global Oil Condition monitoring market, Sub Segment Analysis
6.4.1. Turbines
6.4.2. Compressors
6.4.3. Engines
6.4.4. Gear Systems
6.4.5. Hydraulic Systems
Chapter 7. Global Oil Condition monitoring market, by industries
7.1. Market Snapshot
7.2. Global Oil Condition monitoring market by Location, Performance - Potential Analysis
7.3. Global Oil Condition monitoring market Estimates & Forecasts by Location 2020-2027(USD Million)
7.4. Global Oil Condition monitoring market, Sub Segment Analysis
7.4.1. Transportation
7.4.2. Industrial
7.4.3. Global Oil & gas
Chapter 8. Global Oil Condition monitoring market, Regional Analysis
8.1. Global Oil Condition monitoring market, Regional Market Snapshot
8.2. North America Global Oil Condition monitoring market
8.2.1. U.S. Global Oil Condition monitoring market
8.2.1.1. Offering breakdown estimates & forecasts, 2017-2027
8.2.1.2. Product typebreakdown estimates & forecasts, 2020-2027
8.2.1.3. Location breakdown estimates & forecasts, 2017-2027
8.2.1.4. Panel Size breakdown estimates & forecasts, 2017-2027
8.2.1.5. vertical breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Global Oil Condition monitoring market
8.3. Europe Global Oil Condition monitoring market Snapshot
8.3.1. U.K. Global Oil Condition monitoring market
8.3.2. Germany Global Oil Condition monitoring market
8.3.3. France Global Oil Condition monitoring market
8.3.4. Spain Global Oil Condition monitoring market
8.3.5. Italy Global Oil Condition monitoring market
8.3.6. Rest of Europe Global Oil Condition monitoring market
8.4. Asia-Pacific Global Oil Condition monitoring market Snapshot
8.4.1. China Global Oil Condition monitoring market
8.4.2. India Global Oil Condition monitoring market
8.4.3. Japan Global Oil Condition monitoring market
8.4.4. Australia Global Oil Condition monitoring market
8.4.5. South Korea Global Oil Condition monitoring market
8.4.6. Rest of Asia Pacific Global Oil Condition monitoring market
8.5. Latin America Global Oil Condition monitoring market Snapshot
8.5.1. Brazil Global Oil Condition monitoring market
8.5.2. Mexico Global Oil Condition monitoring market
8.6. Rest of The World Global Oil Condition monitoring market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Global Oil Condition monitoring system
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.3. Parker Hannifin
9.4. Chevron
9.5. General Electric
9.6. Shell
9.7. Bureau Veritas
9.8. BP
9.9. Eaton
9.10. Intertek Group
9.11. SGS
9.12. Total
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

List of figures
FIG 1. Global Oil Condition monitoring market, research methodology
FIG 2. Global Oil Condition monitoring market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Oil Condition monitoring market, key trends 2019
FIG 5. Global Oil Condition monitoring market, growth prospects 2020-2027
FIG 6. Global Oil Condition monitoring market, porters 5 force model
FIG 7. Global Oil Condition monitoring market, pest analysis
FIG 8. Global Oil Condition monitoring market, value chain analysis
FIG 9. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 10. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 11. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 12. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 13. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 14. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 15. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 16. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 17. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 18. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 19. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 20. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 21. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 22. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 23. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 24. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 25. Global Oil Condition monitoring market by segment, 2020 & 2027 (USD Million)
FIG 26. Global Oil Condition monitoring market, regional snapshot 2017 & 2027
FIG 27. North America Global Oil Condition monitoring market 2020 & 2027 (USD Million)
FIG 28. Europe Global Oil Condition monitoring market 2020 & 2027 (USD Million)
FIG 29. Asia Pacific Global Oil Condition monitoring market 2020 & 2027 (USD Million)
FIG 30. Latin America Global Oil Condition monitoring market 2020 & 2027 (USD Million)
FIG 31. Global Oil Condition monitoring market, company market share analysis (2019)

 
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