Bearing condition monitoring refers to the continuous or periodic assessment of the health and performance of bearings in machinery. Bearings play a critical role in various industrial applications, providing support and enabling the rotation of shafts and other mechanical components. Monitoring the condition of bearings is essential for predictive maintenance, helping to identify potential issues before they lead to unplanned downtime or equipment failure.
The global Bearing Condition Monitoring market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Rise of Predictive Maintenance: The increasing adoption of predictive maintenance strategies across industries has been a significant trend. Bearings are critical components in machinery, and condition monitoring plays a key role in predicting potential failures and optimizing maintenance schedules.
Integration with Industrial IoT (IIoT): The integration of Bearing Condition Monitoring with Industrial Internet of Things (IIoT) platforms has been on the rise. IIoT facilitates real-time data collection, analytics, and remote monitoring, enhancing the capabilities of condition monitoring systems.
Advanced Analytics and Machine Learning: The use of advanced analytics and machine learning algorithms for analyzing data from bearing condition monitoring systems has become more prevalent. These technologies enable more accurate predictions of bearing health and the identification of subtle patterns indicative of potential issues.
Wireless and Remote Monitoring Solutions: The deployment of wireless sensors and remote monitoring solutions for bearing condition monitoring has been growing. Wireless technologies enable more flexible and cost-effective deployment of sensors, especially in industrial environments where cabling can be challenging.
This report aims to provide a comprehensive presentation of the global market for Bearing Condition Monitoring, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bearing Condition Monitoring.
Report Scope
The Bearing Condition Monitoring market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Bearing Condition Monitoring market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Bearing Condition Monitoring companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SKF
UE Systems
Bently
Schaeffler
Emerson
NSK
Liebherr
NTN
IGUS
SenseGrow
MC-monitoring
Anhui Ronds Science & Technology Incorporated
Jiangsu Donghua Testing Technology
Zhejiang Supcon Technology
Xi'an Chenxi Aviation Technology
Segment by Type
Software
Hardware
Segment by Application
Transportation Industry
Manufacturing
Oil and Gas
Chemical Industry
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Bearing Condition Monitoring companies鈥� competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Bearing Condition Monitoring Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Software
1.2.3 Hardware
1.3 Market by Application
1.3.1 Global Bearing Condition Monitoring Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Transportation Industry
1.3.3 Manufacturing
1.3.4 Oil and Gas
1.3.5 Chemical Industry
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Bearing Condition Monitoring Market Perspective (2019-2030)
2.2 Bearing Condition Monitoring Growth Trends by Region
2.2.1 Global Bearing Condition Monitoring Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Bearing Condition Monitoring Historic Market Size by Region (2019-2024)
2.2.3 Bearing Condition Monitoring Forecasted Market Size by Region (2025-2030)
2.3 Bearing Condition Monitoring Market Dynamics
2.3.1 Bearing Condition Monitoring Industry Trends
2.3.2 Bearing Condition Monitoring Market Drivers
2.3.3 Bearing Condition Monitoring Market Challenges
2.3.4 Bearing Condition Monitoring Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Bearing Condition Monitoring Players by Revenue
3.1.1 Global Top Bearing Condition Monitoring Players by Revenue (2019-2024)
3.1.2 Global Bearing Condition Monitoring Revenue Market Share by Players (2019-2024)
3.2 Global Bearing Condition Monitoring Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Bearing Condition Monitoring Revenue
3.4 Global Bearing Condition Monitoring Market Concentration Ratio
3.4.1 Global Bearing Condition Monitoring Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Bearing Condition Monitoring Revenue in 2023
3.5 Bearing Condition Monitoring Key Players Head office and Area Served
3.6 Key Players Bearing Condition Monitoring Product Solution and Service
3.7 Date of Enter into Bearing Condition Monitoring Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Bearing Condition Monitoring Breakdown Data by Type
4.1 Global Bearing Condition Monitoring Historic Market Size by Type (2019-2024)
4.2 Global Bearing Condition Monitoring Forecasted Market Size by Type (2025-2030)
5 Bearing Condition Monitoring Breakdown Data by Application
5.1 Global Bearing Condition Monitoring Historic Market Size by Application (2019-2024)
5.2 Global Bearing Condition Monitoring Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Bearing Condition Monitoring Market Size (2019-2030)
6.2 North America Bearing Condition Monitoring Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Bearing Condition Monitoring Market Size by Country (2019-2024)
6.4 North America Bearing Condition Monitoring Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Bearing Condition Monitoring Market Size (2019-2030)
7.2 Europe Bearing Condition Monitoring Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Bearing Condition Monitoring Market Size by Country (2019-2024)
7.4 Europe Bearing Condition Monitoring Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Bearing Condition Monitoring Market Size (2019-2030)
8.2 Asia-Pacific Bearing Condition Monitoring Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Bearing Condition Monitoring Market Size by Region (2019-2024)
8.4 Asia-Pacific Bearing Condition Monitoring Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Bearing Condition Monitoring Market Size (2019-2030)
9.2 Latin America Bearing Condition Monitoring Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Bearing Condition Monitoring Market Size by Country (2019-2024)
9.4 Latin America Bearing Condition Monitoring Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Bearing Condition Monitoring Market Size (2019-2030)
10.2 Middle East & Africa Bearing Condition Monitoring Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Bearing Condition Monitoring Market Size by Country (2019-2024)
10.4 Middle East & Africa Bearing Condition Monitoring Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 SKF
11.1.1 SKF Company Detail
11.1.2 SKF Business Overview
11.1.3 SKF Bearing Condition Monitoring Introduction
11.1.4 SKF Revenue in Bearing Condition Monitoring Business (2019-2024)
11.1.5 SKF Recent Development
11.2 UE Systems
11.2.1 UE Systems Company Detail
11.2.2 UE Systems Business Overview
11.2.3 UE Systems Bearing Condition Monitoring Introduction
11.2.4 UE Systems Revenue in Bearing Condition Monitoring Business (2019-2024)
11.2.5 UE Systems Recent Development
11.3 Bently
11.3.1 Bently Company Detail
11.3.2 Bently Business Overview
11.3.3 Bently Bearing Condition Monitoring Introduction
11.3.4 Bently Revenue in Bearing Condition Monitoring Business (2019-2024)
11.3.5 Bently Recent Development
11.4 Schaeffler
11.4.1 Schaeffler Company Detail
11.4.2 Schaeffler Business Overview
11.4.3 Schaeffler Bearing Condition Monitoring Introduction
11.4.4 Schaeffler Revenue in Bearing Condition Monitoring Business (2019-2024)
11.4.5 Schaeffler Recent Development
11.5 Emerson
11.5.1 Emerson Company Detail
11.5.2 Emerson Business Overview
11.5.3 Emerson Bearing Condition Monitoring Introduction
11.5.4 Emerson Revenue in Bearing Condition Monitoring Business (2019-2024)
11.5.5 Emerson Recent Development
11.6 NSK
11.6.1 NSK Company Detail
11.6.2 NSK Business Overview
11.6.3 NSK Bearing Condition Monitoring Introduction
11.6.4 NSK Revenue in Bearing Condition Monitoring Business (2019-2024)
11.6.5 NSK Recent Development
11.7 Liebherr
11.7.1 Liebherr Company Detail
11.7.2 Liebherr Business Overview
11.7.3 Liebherr Bearing Condition Monitoring Introduction
11.7.4 Liebherr Revenue in Bearing Condition Monitoring Business (2019-2024)
11.7.5 Liebherr Recent Development
11.8 NTN
11.8.1 NTN Company Detail
11.8.2 NTN Business Overview
11.8.3 NTN Bearing Condition Monitoring Introduction
11.8.4 NTN Revenue in Bearing Condition Monitoring Business (2019-2024)
11.8.5 NTN Recent Development
11.9 IGUS
11.9.1 IGUS Company Detail
11.9.2 IGUS Business Overview
11.9.3 IGUS Bearing Condition Monitoring Introduction
11.9.4 IGUS Revenue in Bearing Condition Monitoring Business (2019-2024)
11.9.5 IGUS Recent Development
11.10 SenseGrow
11.10.1 SenseGrow Company Detail
11.10.2 SenseGrow Business Overview
11.10.3 SenseGrow Bearing Condition Monitoring Introduction
11.10.4 SenseGrow Revenue in Bearing Condition Monitoring Business (2019-2024)
11.10.5 SenseGrow Recent Development
11.11 MC-monitoring
11.11.1 MC-monitoring Company Detail
11.11.2 MC-monitoring Business Overview
11.11.3 MC-monitoring Bearing Condition Monitoring Introduction
11.11.4 MC-monitoring Revenue in Bearing Condition Monitoring Business (2019-2024)
11.11.5 MC-monitoring Recent Development
11.12 Anhui Ronds Science & Technology Incorporated
11.12.1 Anhui Ronds Science & Technology Incorporated Company Detail
11.12.2 Anhui Ronds Science & Technology Incorporated Business Overview
11.12.3 Anhui Ronds Science & Technology Incorporated Bearing Condition Monitoring Introduction
11.12.4 Anhui Ronds Science & Technology Incorporated Revenue in Bearing Condition Monitoring Business (2019-2024)
11.12.5 Anhui Ronds Science & Technology Incorporated Recent Development
11.13 Jiangsu Donghua Testing Technology
11.13.1 Jiangsu Donghua Testing Technology Company Detail
11.13.2 Jiangsu Donghua Testing Technology Business Overview
11.13.3 Jiangsu Donghua Testing Technology Bearing Condition Monitoring Introduction
11.13.4 Jiangsu Donghua Testing Technology Revenue in Bearing Condition Monitoring Business (2019-2024)
11.13.5 Jiangsu Donghua Testing Technology Recent Development
11.14 Zhejiang Supcon Technology
11.14.1 Zhejiang Supcon Technology Company Detail
11.14.2 Zhejiang Supcon Technology Business Overview
11.14.3 Zhejiang Supcon Technology Bearing Condition Monitoring Introduction
11.14.4 Zhejiang Supcon Technology Revenue in Bearing Condition Monitoring Business (2019-2024)
11.14.5 Zhejiang Supcon Technology Recent Development
11.15 Xi'an Chenxi Aviation Technology
11.15.1 Xi'an Chenxi Aviation Technology Company Detail
11.15.2 Xi'an Chenxi Aviation Technology Business Overview
11.15.3 Xi'an Chenxi Aviation Technology Bearing Condition Monitoring Introduction
11.15.4 Xi'an Chenxi Aviation Technology Revenue in Bearing Condition Monitoring Business (2019-2024)
11.15.5 Xi'an Chenxi Aviation Technology Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
SKF
UE Systems
Bently
Schaeffler
Emerson
NSK
Liebherr
NTN
IGUS
SenseGrow
MC-monitoring
Anhui Ronds Science & Technology Incorporated
Jiangsu Donghua Testing Technology
Zhejiang Supcon Technology
Xi'an Chenxi Aviation Technology
听
听
*If Applicable.