According to a new report Global Equipment Monitoring Market, published by KBV research, The Global Equipment Monitoring Market size is expected to reach $4.8 billion by 2024, rising at a market growth of 6.9% CAGR during the forecast period.
The Online Equipment Monitoring market would dominate the Global Equipment Monitoring Market by Monitoring Process during the forecast period. The Portable Equipment Monitoring market is expected to witness a CAGR of 8.3% during (2018 - 2024).
The Vibration Monitoring market dominated the Global Equipment Monitoring Market by Monitoring Type in 2017. The Thermal Monitoring market is expected to witness a CAGR of 6.6% during (2018 - 2024). Additionally, The Noise Monitoring market is expected to witness a CAGR of 7.7% during (2018 - 2024).
The North America market dominated the Global Equipment Monitoring in Chemicals Market by Region in 2017, growing at a CAGR of 5.5 % during the forecast period. The Europe market is expected to witness a CAGR of 5.6% during (2018 - 2024). Additionally, The Asia Pacific market is expected to witness a CAGR of 7.6% during (2018 - 2024).
Full Report: https://www.kbvresearch.com/equipment-monitoring-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Emerson Electric Co., General Electric (GE), Honeywell International, Inc., National Instruments Corporation, Parker-Hannifin, Rockwell Automation, Siemens AG, Yokogawa Electric Corporation, SKF (Svenska Kullagerfabriken AB) and Pruftechnik Dieter Busch.
By Monitoring Process
By Monitoring Type
By Industry Vertical
By Geography
Companies Profiled
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