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04 Feb 2022  |  Global
Increasing Preference for New Technology Expands the Need for Inline Measurement and Inspection
This research analyzes the global trends in the portable CMM market. It has steadily grown, with demand predominantly coming from the automotive, machine shop, and aerospace industries. The disruption caused by the onset of COVID-19 resulted in contracted demand across these industries, and the economic uncertainty resulted in customers being cauti...
21 Apr 2020  |  Global
Benchmarking Future Growth Potential
This research benchmarks top participants in the global noise, vibration, and harshness (NVH) testing market. Of the more than 20 companies in this space, Frost & Sullivan identified 12 with commendable performance in the 7 key end-user segments (automotive, aerospace and defense [A&D], power generation, consumer electronics, construction, and indu...
17 Jul 2018  |  Global
Upsurge of Prescriptive Maintenance is Transforming Business Models
The condition monitoring services market will undergo a significant transformation over the next 5-8 years with the advent of new technologies changing customer requirements in connectivity and analytics, and with evolving business models featuring among other services specifications. From $1.92 billion in 2017, the market revenues are expected to ...
28 Sep 2017  |  Global
Condition Monitoring Equipment Market to Surpass $2 Billion Revenue in 2021 Driven by Technology Convergence and Increasing Awareness
The condition monitoring equipment market will undergo a significant transformation over the next 5 to 7 years with the advent of new technologies changing customer requirements in connectivity and analytics features among other equipment specifications. Worth $1.62 billion in 2016, the market revenues are expected to reach $2.07 billion by 2021 at...
11 May 2017  |  North America
Rise of New Business Models Through Focus on Software
The application of Big Data analytics in the condition monitoring market is at a nascent stage. Current solutions offered by vendors are only able to analyze condition data such as vibration. The true value of big data will be realized when analytics service providers are able to offer solutions by combining condition and process data (SCADA and PL...
29 Nov 2016  |  Asia Pacific
Data-driven Services to Redefine Condition Monitoring by 2020
The end of the mining super cycle in Australia, completion of large LNG project buildouts, and decline in some manufacturing segments have weakened the demand for condition monitoring solutions. However, over the medium and long term, the normalisation of activity in key verticals and the increased demand for data-driven services will sustain growt...$3,000.00
29 Jan 2016  |  Global
Software-Defined Instruments and Reinvented Business Models to Impact Market Outlook, Communication Test Revenues to Soar
This study provides a detailed analysis of how global Mega Trends are rapidly changing the business and technology landscape of the test and measurement industry from 2015 to 2025. It examines 6 segments of the industry: general purpose electronic test, data acquisition, communication test, non-destructive test, condition monitoring, and dimensiona...