Report Detail
Global Oil Condition Monitoring Market Insights, Forecast to 2025
- RnM2953530 |
- 16 February, 2019 |
- Global |
- 113 Pages |
- QYResearch |
- Machinery & Equipment
Oil analysis provides a detailed view of what is happening within machine components during operation.
Factors such as growing demand for economical solutions, increasing need for time optimization, and rising demand for electricity that drives the need for continuous oil monitoring in turbines are fueling the market growth. Companies are persistently looking for different cost-effective ways to reduce the cost of oil condition monitoring. However, extra costs incurred in retrofitting existing systems are one of the key factors hampering the market growth.
On-site oil condition monitoring has assisted manufacturers to considerably enhance their productivity, efficiency, and profitability with regard to predictive maintenance. The off-site oil condition monitoring growth can be attributed to the higher adoption of traditional monitoring systems. It mainly consists of testing the oil samples at company-operated laboratories or third-party laboratories. Most of the oil condition monitoring firms is engaged in laboratory testing for better and in-detailed analysis of the sample.
Turbines have vital applications in verticals such as power, locomotive, and aerospace. The turbines used in these verticals work under very high pressure. The turbines are more prone to be broken at such a high pressure, owing to friction, which reduces the life of the system. To stay away from system breakdown, firms use high-quality oil as a lubricant in these turbines, thereby reducing the friction caused due to high pressure. Furthermore, there is a need for continuous monitoring of the oil quality to make sure the smooth operation of the system. There is a growing demand for energy in developing countries such as China, India, and Brazil, which would boost the need for oil condition monitoring services.
Some of the key players in the market include Bureau Veritas, Castrol Limited, Chevron Corporation, SGS, Intertek Group, Shell, Test Oil (Insight Services Inc) and Unimarine.
The Oil Condition Monitoring market was valued at 470 Million US$ in 2018 and is projected to reach 970 Million US$ by 2025, at a CAGR of 9.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Oil Condition Monitoring.
This report presents the worldwide Oil Condition Monitoring market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Bureau Veritas
SGS
Intertek Group
Shell
Chevron Corporation
Castrol Limited
Unimarine
Veritas Petroleum Services
Insight Services Inc
Oil Condition Monitoring Breakdown Data by Type
On-site
Off-site
Oil Condition Monitoring Breakdown Data by Application
Transportation
Industrial
Oil & Gas
Energy & Power
Mining
Oil Condition Monitoring Production by Region
United States
Europe
China
Japan
Other Regions
Oil Condition Monitoring Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Oil Condition Monitoring status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Oil Condition Monitoring manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Oil Condition Monitoring :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Oil Condition Monitoring market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Study Coverage
- 1.1 Oil Condition Monitoring Product
- 1.2 Key Market Segments in This Study
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global Oil Condition Monitoring Market Size Growth Rate by Type
- 1.4.2 On-site
- 1.4.3 Off-site
- 1.5 Market by Application
- 1.5.1 Global Oil Condition Monitoring Market Size Growth Rate by Application
- 1.5.2 Transportation
- 1.5.3 Industrial
- 1.5.4 Oil & Gas
- 1.5.5 Energy & Power
- 1.5.6 Mining
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global Oil Condition Monitoring Market Size
- 2.1.1 Global Oil Condition Monitoring Revenue 2014-2025
- 2.1.2 Global Oil Condition Monitoring Production 2014-2025
- 2.2 Oil Condition Monitoring Growth Rate (CAGR) 2019-2025
- 2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key Oil Condition Monitoring Manufacturers
- 2.3.2.1 Oil Condition Monitoring Manufacturing Base Distribution, Headquarters
- 2.3.2.2 Manufacturers Oil Condition Monitoring Product Offered
- 2.3.2.3 Date of Manufacturers Enter into Oil Condition Monitoring Market
- 2.4 Key Trends for Oil Condition Monitoring Markets & Products
3 Market Size by Manufacturers
- 3.1 Oil Condition Monitoring Production by Manufacturers
- 3.1.1 Oil Condition Monitoring Production by Manufacturers
- 3.1.2 Oil Condition Monitoring Production Market Share by Manufacturers
- 3.2 Oil Condition Monitoring Revenue by Manufacturers
- 3.2.1 Oil Condition Monitoring Revenue by Manufacturers (2014-2019)
- 3.2.2 Oil Condition Monitoring Revenue Share by Manufacturers (2014-2019)
- 3.3 Oil Condition Monitoring Price by Manufacturers
- 3.4 Mergers & Acquisitions, Expansion Plans
4 Oil Condition Monitoring Production by Regions
- 4.1 Global Oil Condition Monitoring Production by Regions
- 4.1.1 Global Oil Condition Monitoring Production Market Share by Regions
- 4.1.2 Global Oil Condition Monitoring Revenue Market Share by Regions
- 4.2 United States
- 4.2.1 United States Oil Condition Monitoring Production
- 4.2.2 United States Oil Condition Monitoring Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Oil Condition Monitoring Import & Export
- 4.3 Europe
- 4.3.1 Europe Oil Condition Monitoring Production
- 4.3.2 Europe Oil Condition Monitoring Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Oil Condition Monitoring Import & Export
- 4.4 China
- 4.4.1 China Oil Condition Monitoring Production
- 4.4.2 China Oil Condition Monitoring Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Oil Condition Monitoring Import & Export
- 4.5 Japan
- 4.5.1 Japan Oil Condition Monitoring Production
- 4.5.2 Japan Oil Condition Monitoring Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Oil Condition Monitoring Import & Export
- 4.6 Other Regions
- 4.6.1 South Korea
- 4.6.2 India
- 4.6.3 Southeast Asia
5 Oil Condition Monitoring Consumption by Regions
- 5.1 Global Oil Condition Monitoring Consumption by Regions
- 5.1.1 Global Oil Condition Monitoring Consumption by Regions
- 5.1.2 Global Oil Condition Monitoring Consumption Market Share by Regions
- 5.2 North America
- 5.2.1 North America Oil Condition Monitoring Consumption by Application
- 5.2.2 North America Oil Condition Monitoring Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
- 5.3 Europe
- 5.3.1 Europe Oil Condition Monitoring Consumption by Application
- 5.3.2 Europe Oil Condition Monitoring Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Oil Condition Monitoring Consumption by Application
- 5.4.2 Asia Pacific Oil Condition Monitoring Consumption by Countries
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
- 5.5 Central & South America
- 5.5.1 Central & South America Oil Condition Monitoring Consumption by Application
- 5.5.2 Central & South America Oil Condition Monitoring Consumption by Country
- 5.5.3 Brazil
- 5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Oil Condition Monitoring Consumption by Application
- 5.6.2 Middle East and Africa Oil Condition Monitoring Consumption by Countries
- 5.6.3 GCC Countries
- 5.6.4 Egypt
- 5.6.5 South Africa
6 Market Size by Type
- 6.1 Global Oil Condition Monitoring Production by Type
- 6.2 Global Oil Condition Monitoring Revenue by Type
- 6.3 Oil Condition Monitoring Price by Type
7 Market Size by Application
- 7.1 Overview
- 7.2 Global Oil Condition Monitoring Breakdown Dada by Application
- 7.2.1 Global Oil Condition Monitoring Consumption by Application
- 7.2.2 Global Oil Condition Monitoring Consumption Market Share by Application (2014-2019)
8 Manufacturers Profiles
- 8.1 Bureau Veritas
- 8.1.1 Bureau Veritas Company Details
- 8.1.2 Company Overview
- 8.1.3 Bureau Veritas Oil Condition Monitoring Production Revenue and Gross Margin (2014-2019)
- 8.1.4 Bureau Veritas Oil Condition Monitoring Product Description
- 8.1.5 Bureau Veritas Recent Development
- 8.2 SGS
- 8.2.1 SGS Company Details
- 8.2.2 Company Overview
- 8.2.3 SGS Oil Condition Monitoring Production Revenue and Gross Margin (2014-2019)
- 8.2.4 SGS Oil Condition Monitoring Product Description
- 8.2.5 SGS Recent Development
- 8.3 Intertek Group
- 8.3.1 Intertek Group Company Details
- 8.3.2 Company Overview
- 8.3.3 Intertek Group Oil Condition Monitoring Production Revenue and Gross Margin (2014-2019)
- 8.3.4 Intertek Group Oil Condition Monitoring Product Description
- 8.3.5 Intertek Group Recent Development
- 8.4 Shell
- 8.4.1 Shell Company Details
- 8.4.2 Company Overview
- 8.4.3 Shell Oil Condition Monitoring Production Revenue and Gross Margin (2014-2019)
- 8.4.4 Shell Oil Condition Monitoring Product Description
- 8.4.5 Shell Recent Development
- 8.5 Chevron Corporation
- 8.5.1 Chevron Corporation Company Details
- 8.5.2 Company Overview
- 8.5.3 Chevron Corporation Oil Condition Monitoring Production Revenue and Gross Margin (2014-2019)
- 8.5.4 Chevron Corporation Oil Condition Monitoring Product Description
- 8.5.5 Chevron Corporation Recent Development
- 8.6 Castrol Limited
- 8.6.1 Castrol Limited Company Details
- 8.6.2 Company Overview
- 8.6.3 Castrol Limited Oil Condition Monitoring Production Revenue and Gross Margin (2014-2019)
- 8.6.4 Castrol Limited Oil Condition Monitoring Product Description
- 8.6.5 Castrol Limited Recent Development
- 8.7 Unimarine
- 8.7.1 Unimarine Company Details
- 8.7.2 Company Overview
- 8.7.3 Unimarine Oil Condition Monitoring Production Revenue and Gross Margin (2014-2019)
- 8.7.4 Unimarine Oil Condition Monitoring Product Description
- 8.7.5 Unimarine Recent Development
- 8.8 Veritas Petroleum Services
- 8.8.1 Veritas Petroleum Services Company Details
- 8.8.2 Company Overview
- 8.8.3 Veritas Petroleum Services Oil Condition Monitoring Production Revenue and Gross Margin (2014-2019)
- 8.8.4 Veritas Petroleum Services Oil Condition Monitoring Product Description
- 8.8.5 Veritas Petroleum Services Recent Development
- 8.9 Insight Services Inc
- 8.9.1 Insight Services Inc Company Details
- 8.9.2 Company Overview
- 8.9.3 Insight Services Inc Oil Condition Monitoring Production Revenue and Gross Margin (2014-2019)
- 8.9.4 Insight Services Inc Oil Condition Monitoring Product Description
- 8.9.5 Insight Services Inc Recent Development
9 Production Forecasts
- 9.1 Oil Condition Monitoring Production and Revenue Forecast
- 9.1.1 Global Oil Condition Monitoring Production Forecast 2019-2025
- 9.1.2 Global Oil Condition Monitoring Revenue Forecast 2019-2025
- 9.2 Oil Condition Monitoring Production and Revenue Forecast by Regions
- 9.2.1 Global Oil Condition Monitoring Revenue Forecast by Regions
- 9.2.2 Global Oil Condition Monitoring Production Forecast by Regions
- 9.3 Oil Condition Monitoring Key Producers Forecast
- 9.3.1 United States
- 9.3.2 Europe
- 9.3.3 China
- 9.3.4 Japan
- 9.4 Forecast by Type
- 9.4.1 Global Oil Condition Monitoring Production Forecast by Type
- 9.4.2 Global Oil Condition Monitoring Revenue Forecast by Type
10 Consumption Forecast
- 10.1 Oil Condition Monitoring Consumption Forecast by Application
- 10.2 Oil Condition Monitoring Consumption Forecast by Regions
- 10.3 North America Market Consumption Forecast
- 10.3.1 North America Oil Condition Monitoring Consumption Forecast by Regions 2019-2025
- 10.3.2 United States
- 10.3.3 Canada
- 10.3.4 Mexico
- 10.4 Europe Market Consumption Forecast
- 10.4.1 Europe Oil Condition Monitoring Consumption Forecast by Regions 2019-2025
- 10.4.2 Germany
- 10.4.3 France
- 10.4.4 UK
- 10.4.5 Italy
- 10.4.6 Russia
- 10.5 Asia Pacific Market Consumption Forecast
- 10.5.1 Asia Pacific Oil Condition Monitoring Consumption Forecast by Regions 2019-2025
- 10.5.2 China
- 10.5.3 Japan
- 10.5.4 South Korea
- 10.5.5 India
- 10.5.6 Australia
- 10.5.7 Indonesia
- 10.5.8 Thailand
- 10.5.9 Malaysia
- 10.5.10 Philippines
- 10.5.11 Vietnam
- 10.6 Central & South America Market Consumption Forecast
- 10.6.1 Central & South America Oil Condition Monitoring Consumption Forecast by Regions 2019-2025
- 10.6.2 Brazil
- 10.7 Middle East and Africa Market Consumption Forecast
- 10.7.1 Middle East and Africa Oil Condition Monitoring Consumption Forecast by Regions 2019-2025
- 10.7.2 GCC Countries
- 10.7.3 Egypt
- 10.7.4 South Africa
11 Value Chain and Sales Channels Analysis
- 11.1 Value Chain Analysis
- 11.2 Sales Channels Analysis
- 11.2.1 Oil Condition Monitoring Sales Channels
- 11.2.2 Oil Condition Monitoring Distributors
- 11.3 Oil Condition Monitoring Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
- 12.1 Market Opportunities and Drivers
- 12.2 Market Challenges
- 12.3 Market Risks/Restraints
13 Key Findings in the Global Oil Condition Monitoring Study
14 Appendix
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.1.1 Research Programs/Design
- 14.1.1.2 Market Size Estimation
- 14.1.1.3 Market Breakdown and Data Triangulation
- 14.1.2 Data Source
- 14.1.2.1 Secondary Sources
- 14.1.2.2 Primary Sources
- 14.1.1 Methodology/Research Approach
- 14.2 Author Details
Summary:
Get latest Market Research Reports on Oil Condition Monitoring . Industry analysis & Market Report on Oil Condition Monitoring is a syndicated market report, published as Global Oil Condition Monitoring Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Oil Condition Monitoring market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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