The global portable industrial data collectors and analyzers market to grow at a CAGR of 5.19% during the period 2018-2022.
Global Portable Industrial Data Collectors and Analyzers Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is increasing availability of upgrade options for portable industrial data collectors and analyzers. The evolution of portable industrial data collectors and analyzers is a result of innovations in condition monitoring equipment, which, in turn, raised the availability of upgrade options in portable industrial data collectors and analyzers. A major advantage of the availability of upgrade options is that they increase the scope of use and effectiveness of portable industrial data collectors and analyzers.
The availability of upgrades and machine vibration analysis software aid the diagnosis of machine faults with demodulated vibration spectrum cepstral plots, time synchronous averaging, and comparisons to machine baseline spectral data. Thus, leading to increased adoption and better use of portable industrial data collectors and analyzers.
According to the report, one of the major drivers for this market is Ease of predictive maintenance through compact and portable devices. In industries such as oil and gas, mining, water and wastewater, and food and beverages, motors play a vital role in the functioning of the plant. Hence, motor monitoring is an essential function, which decides not only the efficiency of the plant but also reduces the downtime. These motors require periodic maintenance, which turns out to be expensive for the plant if not done at the proper time.
Further, the report states that one of the major factors hindering the growth of this market is Criticality of battery life. Wireless condition monitoring devices are small, compact self-contained units with a radio, battery, and a sensing element, and its circuitry all combined in one enclosure. There are also some units that are line powered with wireless communication. The main components of these wireless condition monitoring devices are portable data collectors and analyzers, which are battery powered. The life of batteries used in these devices normally depends on the use of the devices.
Key vendors
- ABB
- AZIMA DLI
- Emerson Electric
- General Electric
- Rockwell Automation
- SKF
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 06: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 07: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY END-USER
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- Segmentation by end-user
- Comparison by end-user
- Oil and gas industry – Market size and forecast 2017-2022
- Chemical and petrochemical industry – Market size and forecast 2017-2022
- Automotive industry – Market size and forecast 2017-2022
- Water and wastewater treatment industry – Market size and forecast 2017-2022
- Others – Market size and forecast 2017-2022
- Market opportunity by end-user
PART 10: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 13: MARKET TRENDS
- Increasing availability of upgrade options for portable industrial data collectors and analyzers
- Emergence of route-based analyzers with maintenance pad
- Emergence of multi-channel portable data collectors and analyzers with triaxial input and dedicated tachometer
PART 14: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive landscape
PART 15: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- ABB
- AZIMA DLI
- Emerson Electric
- General Electric
- Rockwell Automation
- SKF
PART 16: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/research/w2vdc6/global_portable?w=5
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