Oil Condition Monitoring Market - Forecasts from 2018 to 2023

September 2018 | 110 pages | ID: ODD1DEE2CF3EN
Knowledge Sourcing Intelligence LLP

Abstracts

The oil condition monitoring market is projected to grow at a CAGR of 9.27% over the forecast period of 2017 - 2023. Oil condition monitoring refers to the continuous evaluation about the health of the oil that enables effective prediction regarding the maintenance of the machinery or product, resulting in overall efficient performance. The demand for oil conditioning services and products is increasing on account of its ability to significantly reduce the total cost of ownership while simultaneously improving the lifespan of the commodity. Additionally, it allows for the timely maintenance of the product, which tends to reduce the frequency of maintenance schedule as compared to the scenario when the oil condition monitoring analysis is not performed. Moreover, with the global population projected to increase to 8.5 billion by 2030, it will drive the production and use of products that are based on hydraulic system, and thus, will supplement the growth of the market during the course of the forecast period. The revenue generated by the oil conditioning monitoring service provider in the automotive industry is projected to grow at a significant CAGR of XX%. The growing disposable income is increase the demand for vehicle globally. the global cars and commercial vehicle production is estimated to increase from 77.584 thousand in 2010 to 113.290 thousand in 2023 (source: International Organization of Motor Vehicle Manufacturers, Knowledge Sourcing Intelligence Analysis). The growing production will drive the automotive oil condition monitoring market. Similarly, the growing oil exploration activities will further continue to positively impact the global market.
Geographically, Asia Pacific is estimated to hold a significant share in the market on account of the growing industrial and automotive industry. Similarly, North America is estimated to grow rapidly during the forecast period as result of growing oil exploration activities in the region. Simultaneously, the cost pressure in the Europe on account of stiffening economic environment is anticipated to push the growth of the oil conditioning monitoring market in Europe.

Major industry players profiled as part of the report are Parker Hannifin Corporation, Castrol Limited, Bureau Veritas, and Shell among others.

Segmentation

The oil condition monitoring market has been analyzed through following segments:
By Type
Off-site
On-site
Online
By Application
Engines
Gear Box
Transformers
Hydraulics
Storage Tank
By Industry Vertical
Automotive
Aerospace
Marine
Oil & Gas
Industrial
Energy & Power
Mining
By Geography
North America
US
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
UK
Germany
France
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
India
Japan
South Korea
Others

Contents

1. INTRODUCTION

1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design
2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
  4.5.1. Bargaining Power of Suppliers
  4.5.2. Bargaining Power of Buyers
  4.5.3. Threat of New Entrants
  4.5.4. Threat of Substitutes
  4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. OIL CONDITION MONITORING MARKET BY TYPE

5.1. Off-site
5.2. On-site
5.3. Online

6. OIL CONDITION MONITORING MARKET BY APPLICATION

6.1. Engines
6.2. Gear Box
6.3. Transformers
6.4. Hydraulics
6.5. Storage Tank

7. OIL CONDITION MONITORING MARKET BY INDUSTRY VERTICAL

7.1. Automotive
7.2. Aerospace
7.3. Marine
7.4. Oil & Gas
7.5. Industrial
7.6. Energy & Power
7.7. Mining

8. OIL CONDITION MONITORING MARKET BY GEOGRAPHY

8.1. North America
  8.1.1. USA
  8.1.2. Canada
  8.1.3. Mexico
  8.1.4. Others
8.2. South America
  8.2.1. Brazil
  8.2.2. Argentina
  8.2.3. Others
8.3. Europe
  8.3.1. Germany
  8.3.2. France
  8.3.3. United Kingdom
  8.3.4. Spain
  8.3.5. Others
8.4. Middle East and Africa
  8.4.1. Saudi Arabia
  8.4.2. Israel
  8.4.3. Others
8.5. Asia Pacific
  8.5.1. China
  8.5.2. Japan
  8.5.3. South Korea
  8.5.4. India
  8.5.5. Others

9. COMPETITIVE INTELLIGENCE

9.1. Market Share Analysis
9.2. Recent Investment and Deals
9.3. Strategies of Key Players

10. COMPANY PROFILES

10.1. Bureau Veritas
  10.1.1. Company Overview
  10.1.2. Financials
  10.1.3. Products and Services
  10.1.4. Recent Developments
10.2. Castrol Limited
  10.2.1. Company Overview
  10.2.2. Financials
  10.2.3. Products and Services
  10.2.4. Recent Developments
10.3. Shell
  10.3.1. Company Overview
  10.3.2. Financials
  10.3.3. Products and Services
  10.3.4. Recent Developments
10.4. SGS SA
  10.4.1. Company Overview
  10.4.2. Financials
  10.4.3. Products and Services
  10.4.4. Recent Developments
10.5. Parker Hannifin Corporation
  10.5.1. Company Overview
  10.5.2. Financials
  10.5.3. Products and Services
  10.5.4. Recent Developments
10.6. Poseidon Systems
  10.6.1. Company Overview
  10.6.2. Financials
  10.6.3. Products and Services
  10.6.4. Recent Developments
10.7. Intertek Group PLC
  10.7.1. Company Overview
  10.7.2. Financials
  10.7.3. Products and Services
  10.7.4. Recent Developments
10.8. SPM Marine & Offshore B.V
  10.8.1. Company Overview
  10.8.2. Financials
  10.8.3. Products and Services
  10.8.4. Recent Developments
10.9. Eurofins Scientific
  10.9.1. Company Overview
  10.9.2. Financials
  10.9.3. Products and Services
  10.9.4. Recent Developments
10.10. Tan Delta Systems Limited
  10.10.1. Company Overview
  10.10.2. Financials
  10.10.3. Products and Services
  10.10.4. Recent Developments
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER