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Oil Condition Monitoring System-Global Market Insights and Sales Trends 2024

Oil Condition Monitoring System-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1835173

No of Pages : 104

Synopsis
Oil analysis provides a detailed view of what is happening within machine components during operation. For decades, oil analysis has helped diagnose the internal conditions of oil-wetted components and their lubricants in virtually every industry that involves heavy duty machinery or stationary industrial equipment. Any company that operates equipment using oil, fuel or coolant can realize substantial returns from a minimal investment in this type of testing. While early oil analysis test methods were shockingly simple, present-day processes employ the most advanced analytical tools and technologies. Commercial oil analysis uses a combination of physical and chemical tests to monitor lubricant and component conditions – much like what we learn when testing blood samples from people. Oil condition monitoring (OCM) testing predictive maintenance programs help clients avoid costly machinery, engine and power-train failures.
The global Oil Condition Monitoring System market size is expected to reach US$ 855.6 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Oil Condition Monitoring System in various end use industries. The expanding demands from the Transportation, Industrial, Oil & Gas and Energy & Power, are propelling Oil Condition Monitoring System market. On-site, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Off-site segment is estimated at % CAGR for the next seven-year period.
Global Oil Condition Monitoring key players include Bureau Veritas, SGS, Intertek Group, Shell, Chevron Corporation, etc. Global top five manufacturers hold a share about 70%. Europe is the largest market, with a share about 40%, followed by North America, with a share about 30 percent. In terms of product, Off-site is the largest segment, with a share about 75%. And in terms of application, the largest application is Oil & Gas, followed by Transportation, Industrial, Energy & Power, Mining, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Oil Condition Monitoring System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Oil Condition Monitoring System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Oil Condition Monitoring System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Oil Condition Monitoring System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Oil Condition Monitoring System covered in this report include Bureau Veritas SA (France), Intertek Group plc (UK), Parker Hannifin Corporation (US), Castrol Limited (UK), General Electric Company (US), Test Oil (Insight Services, Inc.) (US), Spectro Analytical Instruments GmbH (Germany), Chevron (US) and Shell (NL), etc.
The global Oil Condition Monitoring System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bureau Veritas SA (France)
Intertek Group plc (UK)
Parker Hannifin Corporation (US)
Castrol Limited (UK)
General Electric Company (US)
Test Oil (Insight Services, Inc.) (US)
Spectro Analytical Instruments GmbH (Germany)
Chevron (US)
Shell (NL)
Tribomar GmbH (DE)
Avenisense S.A. (FR)
Poseidon Systems, LLC (US)
Micromem Applied Sensor Technologies Inc. (US)
Global Oil Condition Monitoring System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Oil Condition Monitoring System market, Segment by Type:
On-site
Off-site
Global Oil Condition Monitoring System market, by Application
Transportation
Industrial
Oil & Gas
Energy & Power
Mining
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Oil Condition Monitoring System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Oil Condition Monitoring System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Oil Condition Monitoring System Market Overview
1.1 Oil Condition Monitoring System Product Overview
1.2 Oil Condition Monitoring System Market Segment by Type
1.2.1 On-site
1.2.2 Off-site
1.3 Global Oil Condition Monitoring System Market Size by Type
1.3.1 Global Oil Condition Monitoring System Market Size Overview by Type (2018-2029)
1.3.2 Global Oil Condition Monitoring System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Oil Condition Monitoring System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Oil Condition Monitoring System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Oil Condition Monitoring System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Oil Condition Monitoring System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Oil Condition Monitoring System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Oil Condition Monitoring System Sales Breakdown by Type (2018-2023)
2 Global Oil Condition Monitoring System Market Competition by Company
2.1 Global Top Players by Oil Condition Monitoring System Sales (2018-2023)
2.2 Global Top Players by Oil Condition Monitoring System Revenue (2018-2023)
2.3 Global Top Players by Oil Condition Monitoring System Price (2018-2023)
2.4 Global Top Manufacturers Oil Condition Monitoring System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Oil Condition Monitoring System Market Competitive Situation and Trends
2.5.1 Oil Condition Monitoring System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Oil Condition Monitoring System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Oil Condition Monitoring System as of 2022)
2.7 Date of Key Manufacturers Enter into Oil Condition Monitoring System Market
2.8 Key Manufacturers Oil Condition Monitoring System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Oil Condition Monitoring System Status and Outlook by Region
3.1 Global Oil Condition Monitoring System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Oil Condition Monitoring System Historic Market Size by Region
3.2.1 Global Oil Condition Monitoring System Sales in Volume by Region (2018-2023)
3.2.2 Global Oil Condition Monitoring System Sales in Value by Region (2018-2023)
3.2.3 Global Oil Condition Monitoring System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Oil Condition Monitoring System Forecasted Market Size by Region
3.3.1 Global Oil Condition Monitoring System Sales in Volume by Region (2024-2029)
3.3.2 Global Oil Condition Monitoring System Sales in Value by Region (2024-2029)
3.3.3 Global Oil Condition Monitoring System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Oil Condition Monitoring System by Application
4.1 Oil Condition Monitoring System Market Segment by Application
4.1.1 Transportation
4.1.2 Industrial
4.1.3 Oil & Gas
4.1.4 Energy & Power
4.1.5 Mining
4.1.6 Others
4.2 Global Oil Condition Monitoring System Market Size by Application
4.2.1 Global Oil Condition Monitoring System Market Size Overview by Application (2018-2029)
4.2.2 Global Oil Condition Monitoring System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Oil Condition Monitoring System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Oil Condition Monitoring System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Oil Condition Monitoring System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Oil Condition Monitoring System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Oil Condition Monitoring System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Oil Condition Monitoring System Sales Breakdown by Application (2018-2023)
5 North America Oil Condition Monitoring System by Country
5.1 North America Oil Condition Monitoring System Historic Market Size by Country
5.1.1 North America Oil Condition Monitoring System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Oil Condition Monitoring System Sales in Volume by Country (2018-2023)
5.1.3 North America Oil Condition Monitoring System Sales in Value by Country (2018-2023)
5.2 North America Oil Condition Monitoring System Forecasted Market Size by Country
5.2.1 North America Oil Condition Monitoring System Sales in Volume by Country (2024-2029)
5.2.2 North America Oil Condition Monitoring System Sales in Value by Country (2024-2029)
6 Europe Oil Condition Monitoring System by Country
6.1 Europe Oil Condition Monitoring System Historic Market Size by Country
6.1.1 Europe Oil Condition Monitoring System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Oil Condition Monitoring System Sales in Volume by Country (2018-2023)
6.1.3 Europe Oil Condition Monitoring System Sales in Value by Country (2018-2023)
6.2 Europe Oil Condition Monitoring System Forecasted Market Size by Country
6.2.1 Europe Oil Condition Monitoring System Sales in Volume by Country (2024-2029)
6.2.2 Europe Oil Condition Monitoring System Sales in Value by Country (2024-2029)
7 Asia-Pacific Oil Condition Monitoring System by Region
7.1 Asia-Pacific Oil Condition Monitoring System Historic Market Size by Region
7.1.1 Asia-Pacific Oil Condition Monitoring System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Oil Condition Monitoring System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Oil Condition Monitoring System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Oil Condition Monitoring System Forecasted Market Size by Region
7.2.1 Asia-Pacific Oil Condition Monitoring System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Oil Condition Monitoring System Sales in Value by Region (2024-2029)
8 Latin America Oil Condition Monitoring System by Country
8.1 Latin America Oil Condition Monitoring System Historic Market Size by Country
8.1.1 Latin America Oil Condition Monitoring System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Oil Condition Monitoring System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Oil Condition Monitoring System Sales in Value by Country (2018-2023)
8.2 Latin America Oil Condition Monitoring System Forecasted Market Size by Country
8.2.1 Latin America Oil Condition Monitoring System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Oil Condition Monitoring System Sales in Value by Country (2024-2029)
9 Middle East and Africa Oil Condition Monitoring System by Country
9.1 Middle East and Africa Oil Condition Monitoring System Historic Market Size by Country
9.1.1 Middle East and Africa Oil Condition Monitoring System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Oil Condition Monitoring System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Oil Condition Monitoring System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Oil Condition Monitoring System Forecasted Market Size by Country
9.2.1 Middle East and Africa Oil Condition Monitoring System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Oil Condition Monitoring System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Bureau Veritas SA (France)
10.1.1 Bureau Veritas SA (France) Company Information
10.1.2 Bureau Veritas SA (France) Introduction and Business Overview
10.1.3 Bureau Veritas SA (France) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Bureau Veritas SA (France) Oil Condition Monitoring System Products Offered
10.1.5 Bureau Veritas SA (France) Recent Development
10.2 Intertek Group plc (UK)
10.2.1 Intertek Group plc (UK) Company Information
10.2.2 Intertek Group plc (UK) Introduction and Business Overview
10.2.3 Intertek Group plc (UK) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Intertek Group plc (UK) Oil Condition Monitoring System Products Offered
10.2.5 Intertek Group plc (UK) Recent Development
10.3 Parker Hannifin Corporation (US)
10.3.1 Parker Hannifin Corporation (US) Company Information
10.3.2 Parker Hannifin Corporation (US) Introduction and Business Overview
10.3.3 Parker Hannifin Corporation (US) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Parker Hannifin Corporation (US) Oil Condition Monitoring System Products Offered
10.3.5 Parker Hannifin Corporation (US) Recent Development
10.4 Castrol Limited (UK)
10.4.1 Castrol Limited (UK) Company Information
10.4.2 Castrol Limited (UK) Introduction and Business Overview
10.4.3 Castrol Limited (UK) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Castrol Limited (UK) Oil Condition Monitoring System Products Offered
10.4.5 Castrol Limited (UK) Recent Development
10.5 General Electric Company (US)
10.5.1 General Electric Company (US) Company Information
10.5.2 General Electric Company (US) Introduction and Business Overview
10.5.3 General Electric Company (US) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 General Electric Company (US) Oil Condition Monitoring System Products Offered
10.5.5 General Electric Company (US) Recent Development
10.6 Test Oil (Insight Services, Inc.) (US)
10.6.1 Test Oil (Insight Services, Inc.) (US) Company Information
10.6.2 Test Oil (Insight Services, Inc.) (US) Introduction and Business Overview
10.6.3 Test Oil (Insight Services, Inc.) (US) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Test Oil (Insight Services, Inc.) (US) Oil Condition Monitoring System Products Offered
10.6.5 Test Oil (Insight Services, Inc.) (US) Recent Development
10.7 Spectro Analytical Instruments GmbH (Germany)
10.7.1 Spectro Analytical Instruments GmbH (Germany) Company Information
10.7.2 Spectro Analytical Instruments GmbH (Germany) Introduction and Business Overview
10.7.3 Spectro Analytical Instruments GmbH (Germany) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Spectro Analytical Instruments GmbH (Germany) Oil Condition Monitoring System Products Offered
10.7.5 Spectro Analytical Instruments GmbH (Germany) Recent Development
10.8 Chevron (US)
10.8.1 Chevron (US) Company Information
10.8.2 Chevron (US) Introduction and Business Overview
10.8.3 Chevron (US) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Chevron (US) Oil Condition Monitoring System Products Offered
10.8.5 Chevron (US) Recent Development
10.9 Shell (NL)
10.9.1 Shell (NL) Company Information
10.9.2 Shell (NL) Introduction and Business Overview
10.9.3 Shell (NL) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Shell (NL) Oil Condition Monitoring System Products Offered
10.9.5 Shell (NL) Recent Development
10.10 Tribomar GmbH (DE)
10.10.1 Tribomar GmbH (DE) Company Information
10.10.2 Tribomar GmbH (DE) Introduction and Business Overview
10.10.3 Tribomar GmbH (DE) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Tribomar GmbH (DE) Oil Condition Monitoring System Products Offered
10.10.5 Tribomar GmbH (DE) Recent Development
10.11 Avenisense S.A. (FR)
10.11.1 Avenisense S.A. (FR) Company Information
10.11.2 Avenisense S.A. (FR) Introduction and Business Overview
10.11.3 Avenisense S.A. (FR) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Avenisense S.A. (FR) Oil Condition Monitoring System Products Offered
10.11.5 Avenisense S.A. (FR) Recent Development
10.12 Poseidon Systems, LLC (US)
10.12.1 Poseidon Systems, LLC (US) Company Information
10.12.2 Poseidon Systems, LLC (US) Introduction and Business Overview
10.12.3 Poseidon Systems, LLC (US) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Poseidon Systems, LLC (US) Oil Condition Monitoring System Products Offered
10.12.5 Poseidon Systems, LLC (US) Recent Development
10.13 Micromem Applied Sensor Technologies Inc. (US)
10.13.1 Micromem Applied Sensor Technologies Inc. (US) Company Information
10.13.2 Micromem Applied Sensor Technologies Inc. (US) Introduction and Business Overview
10.13.3 Micromem Applied Sensor Technologies Inc. (US) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Micromem Applied Sensor Technologies Inc. (US) Oil Condition Monitoring System Products Offered
10.13.5 Micromem Applied Sensor Technologies Inc. (US) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Oil Condition Monitoring System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Oil Condition Monitoring System Industrial Chain Analysis
11.4 Oil Condition Monitoring System Market Dynamics
11.4.1 Oil Condition Monitoring System Industry Trends
11.4.2 Oil Condition Monitoring System Market Drivers
11.4.3 Oil Condition Monitoring System Market Challenges
11.4.4 Oil Condition Monitoring System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Oil Condition Monitoring System Distributors
12.3 Oil Condition Monitoring System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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