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Oil Condition Monitoring Market by Sampling Type (On-Site and Off-Site), Product Type (Turbine, Compressors Engine, Gear System, and Hydraulic System), Measurement Type, Industry (Transportation, Energy & Power), and Geography - Global Forecast to 2023

Oil Condition Monitoring Market by Sampling Type (On-Site and Off-Site), Product Type (Turbine, Compressors Engine, Gear System, and Hydraulic System), Measurement Type, Industry (Transportation, Energy & Power), and Geography - Global Forecast to 2023

“The overall oil condition monitoring market is expected to grow at a CAGR of 9.1% between 2017 and 2023”
The overall oil condition monitoring market is expected to be valued at USD 850.1 million by 2023, growing at a CAGR of 9.1% between 2017 and 2023. The growth of this market is driven by factors such as increasing demand for cost-effective solutions, growing need for time optimization, and increasing demand for electricity that drives the need for continuous oil monitoring in turbines. However, additional expenses incurred in retrofitting existing systems are one of the major factors restricting the growth of this market.

“Transportation industry is expected to hold the largest share of the oil condition monitoring market by 2023”
The transportation industry is likely to account for the largest share of 41.6% the oil condition monitoring market by 2023. This growth can be attributed to the increasing demand for oil condition monitoring to avoid critical engines failures that may occur in ships and airplanes.

“Oil condition monitoring market for the turbines is expected to grow at a high rate between 2017 and 2023”
The oil condition monitoring market for the turbines is expected to grow at the highest CAGR of 9.3% between 2017 and 2023. Turbines are expected to hold a significant share of the oil condition monitoring market by 2023, owing to its extensive use in critical applications in industries such as power, locomotive, and aerospace.

“Americas is likely to dominate the oil condition monitoring market by 2023”
Americas is expected to hold the largest share of the oil condition monitoring market between 2017 and 2023. This region is home to several oil condition monitoring manufacturing companies as well as commercial laboratories. The oil condition monitoring market in the Americas is expected to grow at a high CAGR during the forecast period. The high growth of this market can be attributed to the increasing adoption of oil condition monitoring solutions in the logistics and transportation industry.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key people in the oil condition monitoring market. Following is the break-up of the primary participants for the report:
• By Company Type: Tier 1 – 20 %, Tier 2 – 55%, and Tier 3 – 25%
• By Designation: C-Level Executives – 50%, Directors – 25%, and Managers – 25%
• By Region: Americas – 60%, Europe – 20%, APAC – 10%, and RoW – 10%

The report profiles the key players in the oil condition monitoring market. The prominent players profiled in this report include Bureau Veritas SA (France), Intertek Group plc (UK), Parker Hannifin Corporation (US), Castrol Limited (UK), General Electric Company (US), TestOil (Insight Services, Inc.) (US), and Spectro Analytical Instruments GmbH (Germany).

Research Coverage:
This research report categorizes the overall oil condition monitoring market on the basis of sampling type, product type, measurement type, industry, and region. The report discusses the major drivers, restraints, challenges, and opportunities, as well as the value chain analysis pertaining to this market.

Reasons to Buy the Report
The report would help leaders/new entrants in the oil condition monitoring market in the following ways:
1. This report segments the oil condition monitoring market comprehensively and provides the closest market size estimation for subsegments across different regions.
2. The report would help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders understand their competitors better and gain insights to improve their position in the business. The competitive landscape section includes the information on the competitors’ ecosystem, product launches, acquisitions, partnerships, agreements, contracts, and collaborations.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • CURRENCY
    • SCOPE OF THE REPORT
    • MARKET STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA: SECONDARY DATA
      • Table KEY DATA FROM SECONDARY SOURCES
    • PRIMARY DATA
      • Table KEY DATA FROM PRIMARY SOURCES
    • LIMITATIONS OF THE REPORT
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN OVERALL OIL CONDITION MONITORING MARKET
    • OIL CONDITION MONITORING MARKET, BY PRODUCT TYPE
    • OIL CONDITION MONITORING MARKET FOR ENERGY AND POWER
    • REGION ANALYSIS OF OIL CONDITION MONITORING MARKET
  • MARKET OVERVIEW
    • IMPACT OF IIoT ON CONTINUOUS MONITORING
    • MONITORING CATEGORIES
      • Table KEY OIL ANALYSIS PARAMETERS AND CORRESPONDING ANALYTICAL TECHNIQUES
      • Table DAMAGE CAUSED BY CORE CONTAMINANT TYPES
  • OIL CONDITION MONITORING MARKET, BY SAMPLING TYPE
    • INTRODUCTION
      • Table OIL CONDITION MONITORING MARKET, BY SAMPLING TYPE (USD MILLION)
      • Table ON-SITE OIL CONDITION MONITORING MARKET (USD MILLION)
      • Table ON-SITE OIL CONDITION MONITORING MARKET, BY INDUSTRY (USD MILLION)
      • Table OFF-SITE OIL CONDITION MONITORING MARKET, BY INDUSTRY (USD MILLION)
      • Table ON-SITE OIL CONDITION MONITORING MARKET FOR TRANSPORTATION INDUSTRY (USD MILLION)
      • Table OFF-SITE OIL CONDITION MONITORING MARKET FOR TRANSPORTATION INDUSTRY (USD MILLION)
  • OIL CONDITION MONITORING MARKET, BY PRODUCT TYPE
    • INTRODUCTION
    • INTRODUCTION: SAMPLING POINT FOR PRODUCTS
    • INTRODUCTION: MAPPING OF PRODUCT WITH APPLICATIONS
      • Table OIL CONDITION MONITORING MARKET FOR TURBINES IN TRANSPORTATION INDUSTRY (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET FOR HYDRAULIC SYSTEMS IN TRANSPORTATION INDUSTRY (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET FOR COMPRESSORS IN TRANSPORTATION INDUSTRY (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET FOR ENGINES IN TRANSPORTATION INDUSTRY (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET FOR GEAR SYSTEMS IN TRANSPORTATION INDUSTRY (USD MILLION)
  • OIL CONDITION MONITORING MARKET, BY MEASUREMENT TYPE
    • INTRODUCTION
    • INTRODUCTION : BASIC OIL PARAMETER MEASUREMENT EQUIPMENT AND MEASUREMENT FUNCTION
    • INTRODUCTION: MAPPING OF APPLICATIONS WITH MEASUREMENT TYPE
      • Table OIL CONDITION MONITORING MARKET, BY MEASUREMENT TYPE (USD MILLION)
  • MARKET ANALYSIS, BY INDUSTRY
    • INTRODUCTION
    • INTRODUCTION: RECOMMENDED APPLICATION AREAS
      • Table OIL CONDITION MONITORING MARKET FOR TRANSPORTATION, BY PRODUCT TYPE (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET FOR ENERGY & POWER, BY PRODUCT TYPE (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET FOR INDUSTRIES, BY PRODUCT TYPE (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET FOR OIL & GAS, BY PRODUCT TYPE (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET FOR MINING, BY PRODUCT TYPE (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET FOR MARINE, BY PRODUCT TYPE (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET FOR AEROSPACE, BY PRODUCT TYPE (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET FOR HEAVY VEHICLE, BY PRODUCT TYPE (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET FOR LOCOMOTIVE, BY PRODUCT TYPE (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET FOR AUTOMOBILE, BY PRODUCT TYPE (USD MILLION)
    • BENEFITS OF OIL CONDITION MONITORING IN INDUSTRY
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
    • MAPPING OF APPLICATION & REGION
    • HIGH GROWTH REGION RECOMMENDATIONS WITH FUTURE PERSPECTIVE
      • Table OIL CONDITION MONITORING MARKET, BY REGION, 2015-2023 (USD MILLION)
    • OIL CONDITION MONITORING MARKET IN AMERICAS, BY INDUSTRY
      • Table OIL CONDITION MONITORING MARKET IN AMERICAS, BY INDUSTRY (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET IN AMERICAS, BY TRANSPORTATION INDUSTRY (USD MILLION)
    • OIL CONDITION MONITORING MARKET IN EUROPE, BY INDUSTRY
      • Table OIL CONDITION MONITORING MARKET IN EUROPE, BY INDUSTRY (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET IN EUROPE, BY TRANSPORTATION INDUSTRY (USD MILLION)
    • OIL CONDITION MONITORING MARKET IN APAC, BY INDUSTRY
      • Table OIL CONDITION MONITORING MARKET IN APAC, BY INDUSTRY (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET IN APAC, BY TRANSPORTATION INDUSTRY (USD MILLION)
    • OIL CONDITION MONITORING MARKET IN ROW, BY INDUSTRY
      • Table OIL CONDITION MONITORING MARKET IN ROW, BY INDUSTRY (USD MILLION)
      • Table OIL CONDITION MONITORING MARKET IN ROW, BY TRANSPORTATION INDUSTRY (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS: OIL CONDITION MONITORING MARKET
      • Table RANKING OF KEY PLAYERS IN OIL CONDITION MONITORING MARKET, 2016
    • COMPETITIVE SITUATIONS AND TRENDS
    • INTRODUCTION
    • VISIONARY LEADERS
    • DYNAMIC DIFFERENTIATORS
    • INNOVATORS
    • EMERGING COMPANIES
      • Table COMPETITIVE LEADERSHIP MAPPING (STRENGTH OF PRODUCT & SERVICE PORTFOLIO)
      • Table COMPETITIVE LEADERSHIP MAPPING (BUSINESS STRATEGY EXCELLENCE)
  • COMPANY PROFILES
    • INTRODUCTION
    • PRODUCTS AND SERVICES OFFERED
    • STRENGTH OF PRODUCT AND SERVICE PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • RECENT DEVELOPMENTS
    • KEY RELATIONSHIPS
    • INTRODUCTION
    • PRODUCTS AND SERVICES OFFERED
    • STRENGTH OF PRODUCT AND SERVICE PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • RECENT DEVELOPMENTS
    • KEY RELATIONSHIPS
    • INTRODUCTION
    • SERVICE OFFERED
    • STRENGTH OF SERVICE PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • KEY RELATIONSHIPS
    • INTRODUCTION
    • SERVICE OFFERED
    • STRENGTH OF SERVICE PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • RECENT DEVELOPMENTS
    • INTRODUCTION
    • SERVICE OFFERED
    • STRENGTH OF SERVICE PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • KEY RELATIONSHIPS
    • INTRODUCTION
    • PRODUCTS OFFERED
    • STRENGTH OF PRODUCT PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • RECENT DEVELOPMENTS
    • INTRODUCTION
    • PRODUCTS AND SERVICES OFFERED
    • STRENGTH OF PRODUCT AND SERVICE PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • KEY RELATIONSHIPS
    • INTRODUCTION
    • SERVICES OFFERED
    • STRENGTH OF SERVICE PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • INTRODUCTION
    • PRODUCTS AND SERVICES OFFERED
    • STRENGTH OF PRODUCT AND SERVICE PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • INTRODUCTION
    • PRODUCTS AND SERVICES OFFERED
    • STRENGTH OF PRODUCT AND SERVICE PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • RECENT DEVELOPMENTS
    • KEY RELATIONSHIPS
    • INTRODUCTION
    • PRODUCTS AND SERVICES OFFERED
    • STRENGTH OF PRODUCT AND SERVICE PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • RECENT DEVELOPMENTS
    • KEY RELATIONSHIPS
  • KEY INNOVATORS
    • INTRODUCTION
    • PRODUCTS AND SERVICES OFFERED
    • STRENGTH OF PRODUCT AND SERVICE PORTFOLIO
    • BUSINESS STRATEGY EXCELLENCE
    • RECENT DEVELOPMENTS
    • KEY RELATIONSHIPS
    • POSEIDON SYSTEMS, LLC
    • MICROMEM APPLIED SENSOR TECHNOLOGIES INC.
    • DELTA SERVICES INDUSTRIELS (DSI)
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • VALUE CHAIN
    • MARKET DASHBOARD
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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