1 INTRODUCTION (Page No. – 17)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.3 INCLUSIONS AND EXCLUSIONS
1.4 STUDY SCOPE
1.4.1 MARKETS COVERED
1.4.2 YEARS CONSIDERED
1.5 CURRENCY
1.6 LIMITATIONS
1.7 MARKET STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. – 21)
2.1 INTRODUCTION
2.1.1 SECONDARY DATA
2.1.1.1 List of major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of primaries
2.1.2.2 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market size using bottom-up analysis
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for arriving at market size using top-down analysis
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY (Page No. – 32)
4 PREMIUM INSIGHTS (Page No. – 36)
4.1 OIL CONDITION MONITORING MARKET, 2020–2025 (USD MILLION)
4.2 MARKET, BY PRODUCT TYPE
4.3 MARKET, BY INDUSTRY
4.4 MARKET, BY SAMPLING TYPE AND REGION
4.5 MARKET, BY GEOGRAPHY
5 MARKET OVERVIEW (Page No. – 41)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.3 DRIVERS
5.3.1 Increasing demand for cost-effective solutions
5.3.2 Growing need for time optimization
5.3.3 Increasing demand for power generation drives the need for continuous oil monitoring in turbines
5.3.4 Reduction in maintenance cost
5.4 RESTRAINTS
5.4.1.1 Additional expenses incurred in retrofitting existing systems
5.5 OPPORTUNITIES
5.5.1 Increasing adoption of big data analytics
5.5.2 Industrial Internet of Things (IIoT) generating new opportunities in oil quality monitoring market
5.6 CHALLENGES
5.6.1.1 Limited availability of skilled personnel at remote locations
5.7 VALUE CHAIN ANALYSIS
5.8 TYPES OF OIL CONTAMINATION
5.8.1 WATER CONTAMINATION
5.8.2 PARTICLE CONTAMINATION
6 OIL CONDITION MONITORING MARKET, BY SAMPLING TYPE (Page No. – 49)
6.1 INTRODUCTION
6.2 OFF-SITE SAMPLING
6.2.1 TURBINES TO ACCOUNT LARGEST SIZE OF OFF-SITE MARKET
6.2.2 TRANSPORTATION INDUSTRY TO LEAD ON-SITE MARKET IN 2025
7 OIL CONDITION MONITORING MARKET, BY PRODUCT TYPE (Page No. – 54)
7.1 INTRODUCTION
7.2 TURBINES
7.2.1 OFF-SITE SAMPLING TYPE TO HOLD THE LARGEST SIZE OF MARKET FOR TURBINES FROM 2020 TO 2025
7.3 COMPRESSORS
7.3.1 REDUCTION IN MAINTENANCE TO DRIVE MARKET FOR COMPRESSORS
7.4 ENGINES
7.4.1 NEED FOR SCHEDULED MONITORING OF ENGINES TO BOOST MARKET GROWTH
7.5 GEAR SYSTEMS
7.5.1 TRANSPORTATION INDUSTRY TO HOLD LARGEST SHARE OF OIL CONDITION MONITORING FOR GEAR SYSTEMS IN 2025
7.6 HYDRAULIC SYSTEMS
7.6.1 OFF-SITE SAMPLING TO HOLD THE LARGEST SIZE OF MARKET FOR HYDRAULIC SYSTEMS FROM 2020 TO 2025
8 MEASUREMENT TYPES OF OIL CONDITION MONITORING (Page No. – 66)
8.1 INTRODUCTION
8.2 TEMPERATURE
8.3 PRESSURE
8.4 DENSITY
8.5 VISOCITY
8.6 DIELECTRIC
8.7 TAN
8.8 TBN
8.9 WATER DILUTION
8.10 FUEL DILUTION
8.11 SOOT
8.12 WEAR PARTICLES
9 OIL CONDITION MONITORING MARKET, BY INDUSTRY (Page No. – 70)
9.1 INTRODUCTION
9.2 TRANSPORTATION
9.2.1 AUTOMOTIVE
9.2.1.1 Engines to account for largest size of automobiles by 2025
9.2.2 AEROSPACE
9.2.2.1 Turbines market in aerospace to grow at highest CAGR during forecast period
9.2.3 MARINE
9.2.3.1 Turbines to hold largest size of market for marine industry in 2025
9.2.4 HEAVY VEHICLE
9.2.4.1 Engines to hold largest size of oil condition monitoring marker for heavy vehicle industry
9.2.5 LOCOMOTIVE
9.2.5.1 Compressors to hold largest size of market for locomotive industry
9.3 INDUSTRIAL
9.3.1 EUROPE TO HOLD LARGEST SIZE OF MARKET FOR INDUSTRIAL
9.4 OIL & GAS
9.4.1 GROWING DEMAND FOR PREDICTIVE MAINTENANCE LIKELY TO DRIVE MARKET FOR OIL & GAS INDUSTRY
9.5 POWER GENERATION
9.5.1 TURBINES TO ACCOUNT FOR LARGEST SIZE OF MARKET FOR POWER GENERATION INDUSTRY IN 2025
9.6 MINING
9.6.1 REDUCTION IN OPERATING COST TO BOOST MARKET FOR MINING INDUSTRY
10 OIL CONDITION MONITORING MARKET, BY GEOGRAPHY (Page No. – 83)
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 US
10.2.1.1 Growing manufacturing industries to boost the market
10.2.2 CANADA
10.2.2.1 Investments in oil & gas to drive the market
10.2.3 MEXICO
10.2.3.1 Increasing automation across industries drive Mexican market growth
10.3 EUROPE
10.3.1 UK
10.3.1.1 Investments in manufacturing and renewables to foster growth of market in UK
10.3.2 GERMANY
10.3.2.1 Growing focus for cost effective solutions to support growth of market in Germany
10.3.3 FRANCE
10.3.3.1 Increasing aviation projects to drive the demand for market in France
10.3.4 REST OF EUROPE
10.3.4.1 Growing mining activities to increase demand for market
10.4 ASIA PACIFIC
10.4.1 CHINA
10.4.1.1 Growing oil & gas activities and investments in mining to fuel the growth of market
10.4.2 JAPAN
10.4.2.1 Reduction in maintenance cost and improved safety of equipment to boost the market during forecast period
10.4.3 INDIA
10.4.3.1 Growth in industrial and manufacturing sectors to drive the market in India
10.4.4 REST OF APAC
10.4.4.1 Growth in mining sector to increase the demand for oil condition monitoring in Rest of APAC
10.5 MIDDLE EAST & AFRICA
10.5.1 MIDDLE EAST
10.5.1.1 Growing transportation sector to boost the market growth
10.5.2 AFRICA
10.5.2.1 Oil & gas activities driving the demand for market
10.6 SOUTH AMERICA
11 COMPETITIVE LANDSCAPE (Page No. – 101)
11.1 1.1 OVERVIEW
11.2 1.2 RANKING OF PLAYERS IN MARKET
11.3 1.3 MICROQUADRANTS OVERVIEW
11.3.1 VISIONARIES
11.3.2 INNOVATORS
11.3.3 DYNAMIC DIFFERENTIATORS
11.3.4 EMERGING COMPANIES
11.4 1.4 COMPETITIVE SITUATIONS & TRENDS
11.4.1 PRODUCT LAUNCHES
12 COMPANY PROFILES (Page No. – 108)
12.1 KEY PLAYERS
12.1.1 PARKER HANNIFIN
12.1.1.1 Business overview
12.1.1.2 Products/solutions/services offered
12.1.1.3 Recent developments
12.1.1.4 SWOT analysis
12.1.1.5 MNM view
12.1.3 CHEVRON
12.1.3.1 Business overview
12.1.3.2 Products/solutions/services offered
12.1.3.3 SWOT analysis
12.1.3.4 MNM view
12.1.4 GENERAL ELECTRIC
12.1.4.1 Business overview
12.1.4.2 Products/solutions/services offered
12.1.4.3 Recent developments
12.1.4.4 SWOT analysis
12.1.4.5 MNM view
12.1.5 SHELL
12.1.5.1 Business overview
12.1.5.2 Products/solutions/services offered
12.1.5.3 Recent developments
12.1.5.4 SWOT analysis
12.1.5.5 MNM view
12.1.8 BUREAU VERITAS
12.1.8.1 Business overview
12.1.8.2 Products/solutions/services offered
12.1.8.3 Recent developments
12.1.8.4 SWOT analysis
12.1.8.5 MNM view
12.1.10 BP
12.1.10.1 Business overview
12.1.10.2 Products/solutions/services offered
12.1.10.3 Recent developments
12.1.11 EATON
12.1.11.1 Business overview
12.1.11.2 Products/solutions/services offered
12.1.12 INTERTEK GROUP
12.1.12.1 Business overview
12.1.12.2 Products/solutions/services offered
12.1.12.3 Recent developments
12.1.14 SGS
12.1.14.1 Business overview
12.1.14.3 Products/solutions/services offered
12.1.14.4 Recent developments
12.1.15 TOTAL
12.1.15.1 Business overview
12.1.15.2 Products/solutions/services offered
12.3 RIGHT TO WIN
12.4 OTHER KEY PLAYERS
12.4.1 AVENISENSE S.A.
12.4.2 134
12.4.3 DELTA SERVICES INDUSTRIELS
12.4.4 MICROMEM
12.4.5 135
12.4.6 POSEIDON SYSTEM
12.4.7 SPECTRO
12.4.8 TESTOIL
12.4.9 TRIBOMAR
12.4.10 TRICO
12.4.11 TECHENOMICS
12.4.12 UNIMARINE
13 APPENDIX (Page No. – 138)
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
LIST OF TABLES (65 Tables)
TABLE 1 OIL CONDITION MONITORING MARKET, BY SAMPLING TYPE, 2017–2025 (USD MILLION)
TABLE 2 MARKET FOR OFF-SITE SAMPLING, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 3 MARKET FOR OFF-SITE SAMPLING, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 4 MARKET FOR ON-SITE SAMPLING, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 5 MARKET FOR ON-SITE SAMPLING, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 6 MARKET, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 7 MARKET FOR TURBINES, BY SAMPLING TYPE, 2017–2025 (USD MILLION)
TABLE 8 MARKET FOR TURBINES, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 9 MARKET FOR TURBINES, BY TRANSPORTATION INDUSTRY, 2017–2025 (USD MILLION)
TABLE 10 MARKET FOR TURBINES, BY REGION, 2017–2025 (USD MILLION)
TABLE 11 MARKET FOR COMPRESSORS, BY SAMPLING TYPE, 2017–2025 (USD MILLION)
TABLE 12 MARKET FOR COMPRESSORS, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 13 MARKET FOR COMPRESSORS, BY TRANSPORTATION INDUSTRY, 2017–2025 (USD MILLION)
TABLE 14 MARKET FOR COMPRESSORS, BY REGION, 2017–2025 (USD MILLION)
TABLE 15 MARKET FOR ENGINES, BY SAMPLING TYPE, 2017–2025 (USD MILLION)
TABLE 16 MARKET FOR ENGINES, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 17 MARKET FOR ENGINES, BY TRANSPORTATION INDUSTRY, 2017–2025 (USD MILLION)
TABLE 18 MARKET FOR ENGINES, BY REGION, 2017–2025 (USD MILLION)
TABLE 19 MARKET FOR GEAR SYSTEMS, BY SAMPLING TYPE, 2017–2025 (USD MILLION)
TABLE 20 MARKET FOR GEAR SYSTEMS, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 21 MARKET FOR GEAR SYSTEMS, BY TRANSPORTATION INDUSTRY, 2017–2025 (USD MILLION)
TABLE 22 MARKET FOR GEAR SYSTEMS, BY REGION, 2017–2025 (USD MILLION)
TABLE 23 MARKET FOR HYDRAULIC SYSTEMS, BY SAMPLING TYPE, 2017–2025 (USD MILLION)
TABLE 24 MARKET FOR HYDRAULIC SYSTEMS, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 25 MARKET FOR HYDRAULIC SYSTEMS, BY TRANSPORTATION INDUSTRY, 2017–2025 (USD MILLION)
TABLE 26 MARKET FOR HYDRAULIC SYSTEMS, BY REGION, 2017–2025 (USD MILLION)
TABLE 27 MARKET, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 28 MARKET FOR TRANSPORTATION INDUSTRY, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 29 MARKET FOR TRANSPORTATION INDUSTRY, BY SAMPLING TYPE, 2017–2025 (USD MILLION)
TABLE 30 MARKET FOR TRANSPORTATION INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 31 MARKET FOR AUTOMOTIVE INDUSTRY, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 32 MARKET FOR AEROSPACE INDUSTRY, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 33 MARKET FOR MARINE INDUSTRY, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 34 MARKET FOR HEAVY VEHICLE INDUSTRY, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 35 MARKET FOR LOCOMOTIVE INDUSTRY, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 36 MARKET FOR INDUSTRIAL, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 37 MARKET FOR INDUSTRIAL, BY SAMPLING TYPE, 2017–2025 (USD MILLION)
TABLE 38 MARKET FOR INDUSTRIAL, BY REGION, 2017–2025 (USD MILLION)
TABLE 39 MARKET FOR OIL & GAS INDUSTRY, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 40 OIL CONDITION MONITORING MARKET FOR OIL & GAS INDUSTRY, BY SAMPLING TYPE, 2017–2025 (USD MILLION)
TABLE 41 MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 42 MARKET FOR POWER GENERATION INDUSTRY, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 43 MARKET FOR POWER GENERATION INDUSTRY, BY SAMPLING TYPE, 2017–2025 (USD MILLION)
TABLE 44 MARKET FOR POWER GENERATION INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 45 MARKET FOR MINING INDUSTRY, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 46 MARKET FOR MINING INDUSTRY, BY SAMPLING TYPE, 2017–2025 (USD MILLION)
TABLE 47 MARKET FOR MINING INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 48 MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 49 MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 50 MARKET IN NORTH AMERICA, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 51 MARKET IN NORTH AMERICA, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 52 MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 53 MARKET IN EUROPE, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 54 MARKET IN EUROPE, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 55 MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 56 MARKET IN APAC, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 57 MARKET IN APAC, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 58 MARKET IN MIDDLE EAST & AFRICA, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 59 MARKET IN MIDDLE EAST & AFRICA, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 60 MARKET IN SOUTH AMERICA, BY PRODUCT TYPE, 2017–2025 (USD MILLION)
TABLE 61 MARKET IN SOUTH AMERICA, BY INDUSTRY, 2017–2025 (USD MILLION)
TABLE 62 PRODUCT LAUNCHES, 2017–2020
TABLE 63 ACQUISITIONS, 2017–2020
TABLE 64 PARTNERSHIPS, JVS, AND COLLABORATIONS, 2017–2020
TABLE 65 AGREEMENTS, 2017–2020
LIST OF FIGURES (47 Figures)
FIGURE 1 OIL CONDITION MONITORING MARKET: RESEARCH DESIGN
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 5 ASSUMPTION FOR RESEARCH STUDY
FIGURE 6 TURBINES ACCOUNTED FOR LARGEST SHARE OF MARKET, BY PRODUCT TYPE, IN 2019
FIGURE 7 OFF-SITE SAMPLING ACCOUNTED FOR LARGER SHARE OF OIL CONDITION MARKET THAN ON-SITE SAMPLING IN 2019
FIGURE 8 TRANSPORTATION INDUSTRY ACCOUNTED FOR LARGEST SHARE OF MARKET IN 2019
FIGURE 9 OIL CONDITION MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR FROM 2020 TO 2025
FIGURE 10 INCREASING DEMAND FOR COST-EFFECTIVE SOLUTIONS TO FUEL GROWTH OF MARKET FROM 2020 TO 2025
FIGURE 11 TURBINES TO ACCOUNT FOR LARGEST SIZE OF MARKET IN 2025
FIGURE 12 TRANSPORTATION TO HOLD LARGEST SIZE OF MARKET IN 2025
FIGURE 13 OFF-SITE SAMPLING TYPE AND NORTH AMERICA TO BE LARGEST SHAREHOLDERS IN OIL CONDITION MARKET IN 2020
FIGURE 14 US TO HOLD LARGEST SHARE OF MARKET IN 2020
FIGURE 15 MARKET DYNAMICS
FIGURE 16 DRIVERS FOR MARKET AND THEIR IMPACT
FIGURE 17 RESTRAINTS FOR MARKET AND THEIR IMPACT
FIGURE 18 OPPORTUNITIES FOR MARKET AND THEIR IMPACT
FIGURE 19 CHALLENGES FOR MARKET AND THEIR IMPACT
FIGURE 20 VALUE CHAIN ANALYSIS: MARKET
FIGURE 21 MARKET, BY SAMPLING TYPE
FIGURE 22 OFF-SITE SAMPLING TO HOLD LARGER SIZE OF MARKET IN 2025
FIGURE 23 MARKET, BY PRODUCT TYPE
FIGURE 24 TURBINES TO DOMINATE MARKET DURING FORECAST PERIOD
FIGURE 25 MEASUREMENT TYPES OF OIL CONDITION MONITORING
FIGURE 26 MARKET, BY INDUSTRY
FIGURE 27 TRANSPORTATION INDUSTRY TO HOLD LARGEST SIZE OF MARKET IN 2025
FIGURE 28 MARKET IN INDIA TO GROW AT HIGHEST CAGR FROM 2020 TO 2025
FIGURE 29 NORTH AMERICA: MARKET SNAPSHOT
FIGURE 30 EUROPE: MARKET SNAPSHOT
FIGURE 31 APAC: MARKET SNAPSHOT
FIGURE 32 MIDDLE EAST & AFRICA: MARKET
FIGURE 33 TRANSPORTATION TO HOLD LARGEST SIZE OF MARKET BY 2025
FIGURE 34 PRODUCT LAUNCHES EMERGED AS KEY GROWTH STRATEGY ADOPTED BY PLAYERS IN MARKET FROM 2017 TO 2020
FIGURE 35 RANKING OF TOP 5 PLAYERS IN MARKET, 2019
FIGURE 36 MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING
FIGURE 37 PRODUCT LAUNCHES WAS KEY STRATEGY ADOPTED BY LEADING MARKET PLAYERS FROM 2017 TO 2020
FIGURE 38 PARKER HANNIFIN: COMPANY SNAPSHOT
FIGURE 39 CHEVRON: COMPANY SNAPSHOT
FIGURE 40 GENERAL ELECTRIC: COMPANY SNAPSHOT
FIGURE 41 SHELL: COMPANY SNAPSHOT
FIGURE 42 BUREAU VERITAS: COMPANY SNAPSHOT
FIGURE 43 BP: COMPANY SNAPSHOT
FIGURE 44 EATON: COMPANY SNAPSHOT
FIGURE 45 INTERTEK GROUP: COMPANY SNAPSHOT
FIGURE 46 SGS: COMPANY SNAPSHOT
FIGURE 47 TOTAL: COMPANY SNAPSHOT