Condition Based Maintenance Systems is a maintenance strategy that monitors the actual condition of an asset to decide what maintenance needs to be done. CBM dictates that maintenance should only be performed when certain indicators show signs of decreasing performance or upcoming failure. Checking a machine for these indicators may include non-invasive measurements, visual inspection, performance data and scheduled tests. Condition data can then be gathered at certain intervals, or continuously (as is done when a machine has internal sensors). Condition-based maintenance can be applied to mission critical and non-mission critical assets.
This report contains market size and forecasts of Condition Based Maintenance Systems in Global, including the following market information:
Global Condition Based Maintenance Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Condition Based Maintenance Systems 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 Maintenance Systems 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 Maintenance Systems 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 Maintenance Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Condition Based Maintenance Systems Market Segment Percentages, by Type, 2021 (%)
Software
Service
Global Condition Based Maintenance Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Condition Based Maintenance Systems Market Segment Percentages, by Application, 2021 (%)
Automotive
Oil and Gas
Semiconductor
Nuclear Energy
Others
Global Condition Based Maintenance Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Condition Based Maintenance Systems 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 Maintenance Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Condition Based Maintenance Systems 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