Condition Based Monitoring (CBM) is a type of predictive maintenance that involves using sensors to measure the status of an asset over time while it is in operation. The data collected can be used to establish trends, predict failure, and calculate remaining life of an asset.
This report contains market size and forecasts of Condition Based Monitoring (CBM) in Global, including the following market information:
Global Condition Based Monitoring (CBM) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Condition Based Monitoring (CBM) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Software Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Condition Based Monitoring (CBM) include Fiix (Rockwell Automation), Eagle Technology, ABB, Honeywell, Emerson Electric, FasTrak SoftWorks, Intertek Group, Senseye and SERTICA (RINA), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Condition Based Monitoring (CBM) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Condition Based Monitoring (CBM) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Condition Based Monitoring (CBM) Market Segment Percentages, by Type, 2021 (%)
Software
Service
Global Condition Based Monitoring (CBM) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Condition Based Monitoring (CBM) Market Segment Percentages, by Application, 2021 (%)
Automotive
Oil and Gas
Semiconductor
Nuclear Energy
Others
Global Condition Based Monitoring (CBM) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Condition Based Monitoring (CBM) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Condition Based Monitoring (CBM) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Condition Based Monitoring (CBM) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Fiix (Rockwell Automation)
Eagle Technology
ABB
Honeywell
Emerson Electric
FasTrak SoftWorks
Intertek Group
Senseye
SERTICA (RINA)
James Fisher Mimic
BV Solutions M&O
Matics
Ureason
Info Marine
FMX
ESS
Scenic Acoustic