HOME › Research Insight › Machine Health Monitoring Market – Market Leader
Machine Health Monitoring Market – Market Leader
During the third generation that spans from the '80s until today, equipment reliability has become a vital focus within any organization that counts on the availability of large machinery. When systems suffer breakdowns or fail, it can affect the overall functionality and operation of a facility. Hence, nowadays machine health monitoring has become imperative for organizations.
GE (U.S.) is one of the key players of machine health monitoring market. The company entered the machine health monitoring market by acquiring Bently Nevada (U.S.) in February 2002, which was one of the leaders at that time. Bently Nevada is a Machine Health Monitoring Equipment Company that provides services for systems and monitors machinery vibrations. GE’s Bently Nevada product line is a leading player in machine health monitoring. Bently Nevada provides machinery protection and monitoring for refineries, petrochemical plants, power plants, and wind farms. The Bently Nevada product portfolio comprises monitoring systems, sensors and transducers, software, test and calibration equipment, custom products, and more. In August 2011, GE acquired Commtest (New Zealand) to boost Bently Nevada’s product portfolio. This acquisition helped to bring more integrated offerings to their customers that took into account the health of the entire plant. The company has focused on developing new products through sustained research and making strategic acquisitions for enhancing their product portfolio.
Emerson Process Management (U.S.), a leading provider of automation technologies, is one of the primary companies in the machine health monitoring market. Emerson provides CSI technologies for machine health monitoring. CSI technologies consist of machine health monitoring solutions such as continuous projection, protection, and monitoring, portable technologies, vibration transmitters, sensors, machinery health management software, and equipment performance monitoring. The company comprises online monitoring tools under CSI technologies. The company offers a complete range of machine health monitoring equipment to provide reliability, cost efficiency, less downtime, high maintenance and profitability to its customers. Its strong geographic presence makes it well positioned to capitalize on the he current trends in this industry.
Machine Health Monitoring Market by Product (vibration monitoring, thermography, ultrasound emission, lubricating oil analysis, corrosion monitoring, motor current signature analysis), Component, Application and Geography – Global Forecast to 2014 - 2020
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252