Condition monitoring and machine maintenance services monitor the condition of machines, back-up batteries, battery banks, cabinets or racks, critical power supplies, processes, and rotary equipment. Condition monitoring and machine maintenance services also perform predictive maintenance (PdM) and/or preventive maintenance to maintain reliability, avoid loss of life, and prevent costly, unplanned plant or machine shutdowns. Condition monitoring and related services under this category include: ferrography or oil analysis (lubricant testing) alignment, position, balance evaluation and correction, and ultrasonic fault detection.
The global Condition Monitoring and Machine Maintenance Services 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.
North American market for Condition Monitoring and Machine Maintenance Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Condition Monitoring and Machine Maintenance Services is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Condition Monitoring and Machine Maintenance Services in Aerospace is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Condition Monitoring and Machine Maintenance Services include Industrial Magnetics, Vesta, Predictive Service, ITT Corporation, SKF, Acuren, Titus Company, Allied Reliability Group and Intertek, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Condition Monitoring and Machine Maintenance Services, 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 Condition Monitoring and Machine Maintenance Services.
Report Scope
The Condition Monitoring and Machine Maintenance Services 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 Condition Monitoring and Machine Maintenance Services 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 Condition Monitoring and Machine Maintenance Services 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
Industrial Magnetics
Vesta
Predictive Service
ITT Corporation
SKF
Acuren
Titus Company
Allied Reliability Group
Intertek
MISTRAS NDT
Hubbard-Hall
Snell Group
RNDT
Dynapower
schaeffler
MTS
Bently
Jiangsu Donghua
Beijing Weiruida
Beijing Bohua Xinzhi
Zhengzhou Expert Technology
Jiangsu Jiangling
Hanwei Electronics Group
Segment by Type
Machine Condition Monitoring
RCM Condition Monitoring
Engine Condition Monitoring
Others
Segment by Application
Aerospace
Automobile
Construction
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 Condition Monitoring and Machine Maintenance Services 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.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Condition Monitoring and Machine Maintenance Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Machine Condition Monitoring
1.2.3 RCM Condition Monitoring
1.2.4 Engine Condition Monitoring
1.2.5 Others
1.3 Market by Application
1.3.1 Global Condition Monitoring and Machine Maintenance Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Aerospace
1.3.3 Automobile
1.3.4 Construction
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Condition Monitoring and Machine Maintenance Services Market Perspective (2019-2030)
2.2 Condition Monitoring and Machine Maintenance Services Growth Trends by Region
2.2.1 Global Condition Monitoring and Machine Maintenance Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Condition Monitoring and Machine Maintenance Services Historic Market Size by Region (2019-2024)
2.2.3 Condition Monitoring and Machine Maintenance Services Forecasted Market Size by Region (2025-2030)
2.3 Condition Monitoring and Machine Maintenance Services Market Dynamics
2.3.1 Condition Monitoring and Machine Maintenance Services Industry Trends
2.3.2 Condition Monitoring and Machine Maintenance Services Market Drivers
2.3.3 Condition Monitoring and Machine Maintenance Services Market Challenges
2.3.4 Condition Monitoring and Machine Maintenance Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Condition Monitoring and Machine Maintenance Services Players by Revenue
3.1.1 Global Top Condition Monitoring and Machine Maintenance Services Players by Revenue (2019-2024)
3.1.2 Global Condition Monitoring and Machine Maintenance Services Revenue Market Share by Players (2019-2024)
3.2 Global Condition Monitoring and Machine Maintenance Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Condition Monitoring and Machine Maintenance Services Revenue
3.4 Global Condition Monitoring and Machine Maintenance Services Market Concentration Ratio
3.4.1 Global Condition Monitoring and Machine Maintenance Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Condition Monitoring and Machine Maintenance Services Revenue in 2023
3.5 Condition Monitoring and Machine Maintenance Services Key Players Head office and Area Served
3.6 Key Players Condition Monitoring and Machine Maintenance Services Product Solution and Service
3.7 Date of Enter into Condition Monitoring and Machine Maintenance Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Condition Monitoring and Machine Maintenance Services Breakdown Data by Type
4.1 Global Condition Monitoring and Machine Maintenance Services Historic Market Size by Type (2019-2024)
4.2 Global Condition Monitoring and Machine Maintenance Services Forecasted Market Size by Type (2025-2030)
5 Condition Monitoring and Machine Maintenance Services Breakdown Data by Application
5.1 Global Condition Monitoring and Machine Maintenance Services Historic Market Size by Application (2019-2024)
5.2 Global Condition Monitoring and Machine Maintenance Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Condition Monitoring and Machine Maintenance Services Market Size (2019-2030)
6.2 North America Condition Monitoring and Machine Maintenance Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Condition Monitoring and Machine Maintenance Services Market Size by Country (2019-2024)
6.4 North America Condition Monitoring and Machine Maintenance Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Condition Monitoring and Machine Maintenance Services Market Size (2019-2030)
7.2 Europe Condition Monitoring and Machine Maintenance Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Condition Monitoring and Machine Maintenance Services Market Size by Country (2019-2024)
7.4 Europe Condition Monitoring and Machine Maintenance Services 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 Condition Monitoring and Machine Maintenance Services Market Size (2019-2030)
8.2 Asia-Pacific Condition Monitoring and Machine Maintenance Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Condition Monitoring and Machine Maintenance Services Market Size by Region (2019-2024)
8.4 Asia-Pacific Condition Monitoring and Machine Maintenance Services 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 Condition Monitoring and Machine Maintenance Services Market Size (2019-2030)
9.2 Latin America Condition Monitoring and Machine Maintenance Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Condition Monitoring and Machine Maintenance Services Market Size by Country (2019-2024)
9.4 Latin America Condition Monitoring and Machine Maintenance Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Condition Monitoring and Machine Maintenance Services Market Size (2019-2030)
10.2 Middle East & Africa Condition Monitoring and Machine Maintenance Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Condition Monitoring and Machine Maintenance Services Market Size by Country (2019-2024)
10.4 Middle East & Africa Condition Monitoring and Machine Maintenance Services Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Industrial Magnetics
11.1.1 Industrial Magnetics Company Detail
11.1.2 Industrial Magnetics Business Overview
11.1.3 Industrial Magnetics Condition Monitoring and Machine Maintenance Services Introduction
11.1.4 Industrial Magnetics Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.1.5 Industrial Magnetics Recent Development
11.2 Vesta
11.2.1 Vesta Company Detail
11.2.2 Vesta Business Overview
11.2.3 Vesta Condition Monitoring and Machine Maintenance Services Introduction
11.2.4 Vesta Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.2.5 Vesta Recent Development
11.3 Predictive Service
11.3.1 Predictive Service Company Detail
11.3.2 Predictive Service Business Overview
11.3.3 Predictive Service Condition Monitoring and Machine Maintenance Services Introduction
11.3.4 Predictive Service Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.3.5 Predictive Service Recent Development
11.4 ITT Corporation
11.4.1 ITT Corporation Company Detail
11.4.2 ITT Corporation Business Overview
11.4.3 ITT Corporation Condition Monitoring and Machine Maintenance Services Introduction
11.4.4 ITT Corporation Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.4.5 ITT Corporation Recent Development
11.5 SKF
11.5.1 SKF Company Detail
11.5.2 SKF Business Overview
11.5.3 SKF Condition Monitoring and Machine Maintenance Services Introduction
11.5.4 SKF Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.5.5 SKF Recent Development
11.6 Acuren
11.6.1 Acuren Company Detail
11.6.2 Acuren Business Overview
11.6.3 Acuren Condition Monitoring and Machine Maintenance Services Introduction
11.6.4 Acuren Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.6.5 Acuren Recent Development
11.7 Titus Company
11.7.1 Titus Company Company Detail
11.7.2 Titus Company Business Overview
11.7.3 Titus Company Condition Monitoring and Machine Maintenance Services Introduction
11.7.4 Titus Company Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.7.5 Titus Company Recent Development
11.8 Allied Reliability Group
11.8.1 Allied Reliability Group Company Detail
11.8.2 Allied Reliability Group Business Overview
11.8.3 Allied Reliability Group Condition Monitoring and Machine Maintenance Services Introduction
11.8.4 Allied Reliability Group Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.8.5 Allied Reliability Group Recent Development
11.9 Intertek
11.9.1 Intertek Company Detail
11.9.2 Intertek Business Overview
11.9.3 Intertek Condition Monitoring and Machine Maintenance Services Introduction
11.9.4 Intertek Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.9.5 Intertek Recent Development
11.10 MISTRAS NDT
11.10.1 MISTRAS NDT Company Detail
11.10.2 MISTRAS NDT Business Overview
11.10.3 MISTRAS NDT Condition Monitoring and Machine Maintenance Services Introduction
11.10.4 MISTRAS NDT Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.10.5 MISTRAS NDT Recent Development
11.11 Hubbard-Hall
11.11.1 Hubbard-Hall Company Detail
11.11.2 Hubbard-Hall Business Overview
11.11.3 Hubbard-Hall Condition Monitoring and Machine Maintenance Services Introduction
11.11.4 Hubbard-Hall Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.11.5 Hubbard-Hall Recent Development
11.12 Snell Group
11.12.1 Snell Group Company Detail
11.12.2 Snell Group Business Overview
11.12.3 Snell Group Condition Monitoring and Machine Maintenance Services Introduction
11.12.4 Snell Group Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.12.5 Snell Group Recent Development
11.13 RNDT
11.13.1 RNDT Company Detail
11.13.2 RNDT Business Overview
11.13.3 RNDT Condition Monitoring and Machine Maintenance Services Introduction
11.13.4 RNDT Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.13.5 RNDT Recent Development
11.14 Dynapower
11.14.1 Dynapower Company Detail
11.14.2 Dynapower Business Overview
11.14.3 Dynapower Condition Monitoring and Machine Maintenance Services Introduction
11.14.4 Dynapower Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.14.5 Dynapower Recent Development
11.15 schaeffler
11.15.1 schaeffler Company Detail
11.15.2 schaeffler Business Overview
11.15.3 schaeffler Condition Monitoring and Machine Maintenance Services Introduction
11.15.4 schaeffler Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.15.5 schaeffler Recent Development
11.16 MTS
11.16.1 MTS Company Detail
11.16.2 MTS Business Overview
11.16.3 MTS Condition Monitoring and Machine Maintenance Services Introduction
11.16.4 MTS Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.16.5 MTS Recent Development
11.17 Bently
11.17.1 Bently Company Detail
11.17.2 Bently Business Overview
11.17.3 Bently Condition Monitoring and Machine Maintenance Services Introduction
11.17.4 Bently Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.17.5 Bently Recent Development
11.18 Jiangsu Donghua
11.18.1 Jiangsu Donghua Company Detail
11.18.2 Jiangsu Donghua Business Overview
11.18.3 Jiangsu Donghua Condition Monitoring and Machine Maintenance Services Introduction
11.18.4 Jiangsu Donghua Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.18.5 Jiangsu Donghua Recent Development
11.19 Beijing Weiruida
11.19.1 Beijing Weiruida Company Detail
11.19.2 Beijing Weiruida Business Overview
11.19.3 Beijing Weiruida Condition Monitoring and Machine Maintenance Services Introduction
11.19.4 Beijing Weiruida Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.19.5 Beijing Weiruida Recent Development
11.20 Beijing Bohua Xinzhi
11.20.1 Beijing Bohua Xinzhi Company Detail
11.20.2 Beijing Bohua Xinzhi Business Overview
11.20.3 Beijing Bohua Xinzhi Condition Monitoring and Machine Maintenance Services Introduction
11.20.4 Beijing Bohua Xinzhi Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.20.5 Beijing Bohua Xinzhi Recent Development
11.21 Zhengzhou Expert Technology
11.21.1 Zhengzhou Expert Technology Company Detail
11.21.2 Zhengzhou Expert Technology Business Overview
11.21.3 Zhengzhou Expert Technology Condition Monitoring and Machine Maintenance Services Introduction
11.21.4 Zhengzhou Expert Technology Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.21.5 Zhengzhou Expert Technology Recent Development
11.22 Jiangsu Jiangling
11.22.1 Jiangsu Jiangling Company Detail
11.22.2 Jiangsu Jiangling Business Overview
11.22.3 Jiangsu Jiangling Condition Monitoring and Machine Maintenance Services Introduction
11.22.4 Jiangsu Jiangling Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.22.5 Jiangsu Jiangling Recent Development
11.23 Hanwei Electronics Group
11.23.1 Hanwei Electronics Group Company Detail
11.23.2 Hanwei Electronics Group Business Overview
11.23.3 Hanwei Electronics Group Condition Monitoring and Machine Maintenance Services Introduction
11.23.4 Hanwei Electronics Group Revenue in Condition Monitoring and Machine Maintenance Services Business (2019-2024)
11.23.5 Hanwei Electronics Group 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
Industrial Magnetics
Vesta
Predictive Service
ITT Corporation
SKF
Acuren
Titus Company
Allied Reliability Group
Intertek
MISTRAS NDT
Hubbard-Hall
Snell Group
RNDT
Dynapower
schaeffler
MTS
Bently
Jiangsu Donghua
Beijing Weiruida
Beijing Bohua Xinzhi
Zhengzhou Expert Technology
Jiangsu Jiangling
Hanwei Electronics Group
听
听
*If Applicable.
