Oil Condition Monitoring Market with COVID-19 Impact Analysis by Product Type (Turbines, Compressors, Engines, Gear Systems, Hydraulic Systems), Sampling Type, Vertical (Transportation, Industrial, Oil & Gas), and Region - Global Forecast to 2026

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Date: 21-Oct-2021
No. of pages: 241
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“Surging demand for cost-effective solutions for maintaining machinery health is driving the oil condition monitoring market”

The global oil condition monitoring market is expected to grow from USD 1.0 billion in 2021 to USD 1.4 billion by 2026; it is expected to grow at a CAGR of 6.1% during 2021–2026. Key factors fueling this market's growth include surging demand for cost-effective solutions for maintaining machinery health, increasing awareness regarding the importance of oil condition monitoring among industries, and growing focus on reducing maintenance costs. Growing demand for energy and increasing adoption of big data analytics and IIoT create a strong demand for oil condition monitoring for efficient industrial operations in the midst of COVID-19.

“Power generation vertical to witness the highest CAGR in oil condition monitoring market during 2021–2026.”

The oil condition monitoring market for the power generation vertical is expected to grow with the highest CAGR during the forecast period. The power generation is one of the emerging industries witnessing a rapid adoption of oil condition monitoring. Several machines, equipment, and components are used in the power generation industry. Equipment such as engines, turbines, gearboxes, and compressors operate at high temperature and pressure, thus, degrading the quality of oil used in these equipment. The oil condition monitoring helps to identify small problems within the equipment before any catastrophic failure.

“APAC is expected to hold the largest share of oil condition monitoring market by 2026.”

The oil condition monitoring market in APAC is expected to grow at the highest CAGR during the forecast period. The growing industrial activities and investments in the region are expected to boost the oil condition monitoring market. Countries such as China, India, and Japan have investments for industries such as oil & gas, manufacturing, and mining. The oil condition monitoring helps users to give warning of possible machinery malfunction, allowing early remedial action to be taken.

Breakdown of profiles of primary participants:


  • By Company: Tier 1 = 45%, Tier 2 = 30%, and Tier 3 = 25%

  • By Designation: C-level Executives = 30%, Directors = 25%, Managers= 45%

  • By Region: North America = 45%, Europe = 30%, APAC = 20%, and RoW = 5%


Major players profiled in this report:


  • Parker-Hannifin Corporation (US)

  • General Electric (US)

  • Shell plc (Netherlands)

  • BP plc (UK)

  • Bureau Veritas (France)

  • Chevron Corporation (Switzerland)

  • Intertek Group plc (UK)

  • SGS SA (France)

  • Eaton Corporation (Ireland)

  • TotalEnergies (France)


Research Coverage

This report offers detailed insights into the oil condition monitoring market by product type, sampling type, vertical, and region. Based on sampling type, the market has been segmented into on-site (portable kit (on-board) and fixed continuous monitoring) and off-site. Based on product type, the market has been segmented into turbines, compressors, engines, hydraulic systems, and others (gear systems, insulating systems, industrial tooling systems, and transformers). Based on vertical, the market has been segmented into transportation (automobile, aerospace, marine, heavy vehicle, and locomotive engine), industrial, oil & gas, power generation, and mining. The study forecasts the size of the market in 4 regions—North America, Europe, APAC, and RoW.

Reasons to buy the report

The report would help market leaders/new entrants in this market in the following ways:


  • This report segments the oil condition monitoring market comprehensively and provides the closest approximations of the overall market’s size and its sub segments (across different product types, sampling types, verticals, and region).

  • The report would help stakeholders understand the pulse of the market and provide them with information about key drivers, restraints, challenges, and opportunities.

  • This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem and product launches, acquisitions, agreements, and partnerships carried out by major market players.

Oil Condition Monitoring Market with COVID-19 Impact Analysis by Product Type (Turbines, Compressors, Engines, Gear Systems, Hydraulic Systems), Sampling Type, Vertical (Transportation, Industrial, Oil & Gas), and Region - Global Forecast to 2026

Table Of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition And Scope
1.2.1 Inclusions And Exclusions
1.3 Study Scope
Figure 1 Oil Condition Monitoring Market: Segmentation
1.3.1 Geographic Scope
1.3.2 Years Considered
1.4 Currency
1.5 Volume Unit Considered
1.6 Limitations
1.7 Stakeholders
1.8 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 2 Oil Condition Monitoring Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown Of Primaries
2.1.3 Secondary And Primary Research
2.2 Market Size Estimation
Figure 3 Research Flow Of Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Estimating Market Size By Bottom-Up Approach (Demand Side)
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.2.1 Estimating Market Size By Top-Down Approach (Supply Side)
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Market Size Estimation Methodology: Approach 2 (Supply Side)—Revenue Generated From Oil Condition Monitoring Offerings
Figure 7 Market Size Estimation Methodology: Approach 2 (Supply Side)—Illustration Of Revenue Estimation For One Company In Oil Condition Monitoring Market
2.2.3 Market Projections
2.3 Market Breakdown And Data Triangulation
Figure 8 Data Triangulation
2.4 Research Assumptions
2.5 Risk Assessment
Table 1 Limitations And Associated Risks

3 Executive Summary
Figure 9 Scenarios In Terms Of Recovery Of Global Economy
3.1 Realistic Scenario
3.2 Optimistic Scenario
3.3 Pessimistic Scenario
Figure 10 Oil Condition Monitoring Market: Growth Projections For Realistic, Optimistic, And Pessimistic Scenarios
Figure 11 Turbines Segment To Hold Largest Market Share, By Product Type, During Forecast Period
Figure 12 Oil Condition Monitoring Market, By Sampling Type, 2021 Vs. 2026
Figure 13 Oil Condition Monitoring Market For Power Generation Industry To Register Highest Cagr From 2021 To 2026
Figure 14 Apac To Exhibit Highest Growth Rate During Forecast Period

4 Premium Insights
4.1 Attractive Opportunities In Oil Condition Monitoring Market
Figure 15 Increasing Need For Cost-Effective Products To Boost Growth Of Oil Condition Monitoring Market
4.2 Oil Condition Monitoring Market, By Sampling Type
Figure 16 On-Site Sampling To Register Higher Cagr From 2021 To 2026
4.3 Oil Condition Monitoring Market, By Product Type
Figure 17 Turbines To Hold Largest Share Of Oil Condition Monitoring Market By 2026
4.4 Oil Condition Monitoring Market In North America, By Vertical And Country
Figure 18 Transportation Vertical And Us Held Largest Share Of North America Oil Condition Monitoring Market In 2020
4.5 Oil Condition Monitoring Market, By Region
Figure 19 China Oil Condition Monitoring Market To Exhibit Highest Cagr From 2021 To 2026

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 20 Impact Of Drivers And Opportunities On Oil Condition Monitoring Market
Figure 21 Impact Of Challenges And Restraints On Oil Condition Monitoring Market
5.2.1 Drivers
5.2.1.1 Surging Demand For Cost-Effective Solutions For Maintaining Health Of Machinery
5.2.1.2 Increasing Awareness Regarding Importance Of Oil Condition Monitoring Among Industries
5.2.1.3 Growing Focus On Reducing Maintenance Costs
5.2.2 Restraints
5.2.2.1 Expenses Incurred In Retrofitting Existing Systems
5.2.2.2 Lack Of Skilled Technical Resources For Data Analysis
5.2.3 Opportunities
5.2.3.1 Growing Demand For Energy
5.2.3.2 Increasing Adoption Of Big Data Analytics And Iiot
5.2.4 Challenges
5.2.4.1 Challenges With Offline Oil Sampling
5.2.4.2 Decline In Demand From Oil & Gas Industry Due To Covid-19
5.3 Value Chain Analysis
Figure 22 Value Chain Analysis: Most Value Is Added During Testing Labs And Data Analysts Phases
5.4 Porter’s Five Forces Analysis
Table 2 Impact Of Porter’s Five Forces On Oil Condition Monitoring Market
5.5 Trends And Disruptions Impacting Customers
Figure 23 Revenue Shift In Oil Condition Monitoring Market
5.6 Oil Condition Monitoring Market: Ecosystem
Figure 24 Oil Condition Monitoring Market: Ecosystem
5.7 Average Selling Price Analysis
5.8 Case Studies
5.8.1 Wear Debris Analysis Of Stern Tube Lubricants On Marine Cargo Vessels By Intertek Plc
5.8.2 Long-Term Application Of Online Oil Condition Monitoring On Highway Diesel Engine By Poseidon Systems
5.9 Patents Analysis
5.9.1 Patent Registrations, 2018–2021
Table 3 Patents Related To Oil Condition Monitoring Filed During 2018–2021
5.9.2 Patents Analysis
5.9.2.1 Methodology
5.9.2.2 Document Type
Table 4 Patents Filed
Figure 25 Patents Filed Between 2018 And 2021
Figure 26 Trend Of Patents Granted During 2018–2021
5.9.2.3 Insight
5.9.2.4 General Electric
Table 5 List Of Patents By General Electric (Us)
5.10 Trade Analysis
5.10.1 Imports Scenario For Products Under Hs Code 903190
Table 6 Imports Data For Products Under Hs Code 903190, By Country, 2016–2020 (Usd Million)
5.10.2 Exports Scenario For Products Under Hs Code 903190
Table 7 Exports Data For Products Under Hs Code 903190, By Country, 2016–2020 (Usd Million)
5.11 Technology Trends
5.11.1 Key Technology
5.11.1.1 Full Spectrum Holistic (Fsh)
5.11.1.2 Internet Of Things (Iot)
5.11.2 Adjacent Technologies
5.11.2.1 Carbon-Free Energy Resources
5.12 Tariffs And Regulations
5.12.1 Tariffs
Table 8 Mfn Tariffs For Products Under Hs Code 903190 Exported By China
Table 9 Mfn Tariffs For Products Under Hs Code 903190 Imported By Germany
5.13 Government Regulations And Standards
5.13.1 Government Regulations
5.13.2 Standards
5.13.2.1 Iso 14830-1:2019(En): Condition Monitoring And Diagnostics Of Machine Systems — Tribology-Based Monitoring And Diagnostics
5.13.2.2 Astm D7720 - 11(2017): Standard Guide For Statistically Evaluating Measurand Alarm Limits When Using Oil Analysis To Monitor Equipment And Oil For Fitness And Contamination
5.14 Types Of Oil Contamination
5.14.1 Water Contamination
5.14.2 Particle Contamination

6 Techniques Used For Oil Condition Monitoring
6.1 Introduction
6.2 Ferrography
6.3 On-Line Acoustic Viscometry In Oil Condition Monitoring
6.4 Inductively Coupled Plasma – Optical Emission Spectroscopy (Icp-Oes)
6.5 Fourier Transform Infrared (Ftir) Spectroscopy
6.6 Dielectric Strength Test
6.7 Potentiometric Titration

7 Types Of Sensors Used In Oil Condition Monitoring
7.1 Introduction
7.2 Oil Quality Sensors
7.3 Wear Debris Sensors/Metallic Particle Sensors
7.4 Viscosity/Density Sensors
7.5 Water-In-Oil Sensors

8 Parameters For Measuring Oil Condition
8.1 Introduction
Figure 27 Parameters For Measuring Oil Condition
8.2 Temperature
8.3 Pressure
8.4 Density
8.5 Viscosity
8.6 Dielectric
8.7 Tan/Tbn
8.8 Fuel Dilution
8.9 Water Dilution
8.10 Soot
8.11 Wear Particles

9 Oil Condition Monitoring Market, By Sampling Type
9.1 Introduction
Figure 28 Off-Site Sampling To Hold Larger Market Size By 2026
Table 10 Oil Condition Monitoring Market, By Sampling Type, 2018–2020 (Usd Million)
Table 11 Oil Condition Monitoring Market, By Sampling Type, 2021–2026 (Usd Million)
9.2 On-Site
9.2.1 Portable Kits
9.2.1.1 Ease Of Operating Propels Demand For Portable Kits For Oil Analysis
9.2.2 Fixed Continuous Monitoring
9.2.2.1 Fixed Continuous Monitoring Is Suitable For Real-Time Oil Monitoring And Analysis
Table 12 Oil Condition Monitoring Market For On-Site Sampling, By Product Type, 2018–2020 (Usd Million)
Table 13 Oil Condition Monitoring Market For On-Site Sampling, By Product Type, 2021–2026 (Usd Million)
9.3 Off-Site
9.3.1 Off-Site Sampling Is Traditional Method Of Oil Condition Monitoring
Table 14 Oil Condition Monitoring Market For Off-Site Sampling, By Product Type, 2018–2020 (Usd Million)
Table 15 Oil Condition Monitoring Market For Off-Site Sampling, By Product Type, 2021–2026 (Usd Million)

10 Oil Condition Monitoring Market, By Product Type
10.1 Introduction
Figure 29 Turbine Segment To Account For Largest Market Share For Oil Condition Monitoring By 2026
Table 16 Oil Condition Monitoring Market, By Product Type, 2018–2020 (Usd Million)
Table 17 Oil Condition Monitoring Market, By Product Type, 2021–2026 (Usd Million)
10.2 Turbines
10.2.1 Growing Need For Maximum Reliability To Fuel Market Growth For Turbines
Table 18 Oil Condition Monitoring Market For Turbines, By Sampling Type, 2018–2020 (Usd Million)
Table 19 Oil Condition Monitoring Market For Turbines, By Sampling Type, 2021–2026 (Usd Million)
Table 20 Oil Condition Monitoring Market For Turbines, By Industry, 2018–2020 (Usd Million)
Table 21 Oil Condition Monitoring Market For Turbines, By Industry, 2021–2026 (Usd Million)
10.3 Compressors
10.3.1 Reduction In Maintenance Costs For Compressors To Drive Growth Of Market
Table 22 Oil Condition Monitoring Market For Compressors, By Sampling Type, 2018–2020 (Usd Million)
Table 23 Oil Condition Monitoring Market For Compressors, By Sampling Type, 2021–2026 (Usd Million)
Table 24 Oil Condition Monitoring Market For Compressors, By Industry, 2018–2020 (Usd Million)
Table 25 Oil Condition Monitoring Market For Compressors, By Industry, 2021–2026 (Usd Million)
10.4 Engines
10.4.1 Demand For Oil Condition Monitoring Is Attributed To Increasing Need For Scheduled Engine Monitoring
Table 26 Oil Condition Monitoring Market For Engines, By Sampling Type, 2018–2020 (Usd Million)
Table 27 Oil Condition Monitoring Market For Engines, By Sampling Type, 2021–2026 (Usd Million)
Table 28 Oil Condition Monitoring Market For Engines, By Industry, 2018–2020 (Usd Million)
Table 29 Oil Condition Monitoring Market For Engines, By Industry, 2021–2026 (Usd Million)
10.5 Hydraulic Systems
10.5.1 Need For Maintaining Hydraulic Systems In Working Condition Creates Lucrative Market Opportunities
Table 30 Oil Condition Monitoring Market For Hydraulic Systems, By Sampling Type, 2018–2020 (Usd Million)
Table 31 Oil Condition Monitoring Market For Hydraulic Systems, By Sampling Type, 2021–2026 (Usd Million)
Table 32 Oil Condition Monitoring Market For Hydraulic Systems, By Industry, 2018–2020 (Usd Million)
Table 33 Oil Condition Monitoring Market For Hydraulic Systems, By Industry, 2021–2026 (Usd Million)
10.6 Others
10.6.1 Growing Demand For Chlorine Detectors In Water & Wastewater Treatment Application To Drive Market Growth
Table 34 Oil Condition Monitoring Market For Others, By Sampling Type, 2018–2020 (Usd Million)
Table 35 Oil Condition Monitoring Market For Others, By Sampling Type, 2021–2026 (Usd Million)
Table 36 Oil Condition Monitoring Market For Others, By Industry, 2018–2020 (Usd Million)
Table 37 Oil Condition Monitoring Market For Others, By Industry, 2021–2026 (Usd Million)

11 Oil Condition Monitoring Market, By Vertical
11.1 Introduction
Figure 30 Transportation To Account For Largest Size Of Oil Condition Monitoring Market By 2026
Table 38 Oil Condition Monitoring Market, By Vertical, 2018–2020 (Usd Million)
Table 39 Oil Condition Monitoring Market, By Vertical, 2021–2026 (Usd Million)
11.2 Transportation
11.2.1 Decline In Global Demand For Automobiles Due To Covid-19 Pandemic To Impact Growth Of Segment
Table 40 Oil Condition Monitoring Market For Transportation, By Product Type, 2018–2020 (Usd Million)
Table 41 Oil Condition Monitoring Market For Transportation, By Product Type, 2021–2026 (Usd Million)
Table 42 Oil Condition Monitoring Market For Transportation, By Region, 2018–2020 (Usd Million)
Table 43 Oil Condition Monitoring Market For Transportation, By Region, 2021–2026 (Usd Million)
Table 44 Oil Condition Monitoring Market For Transportation In North America, By Country, 2018–2020 (Usd Million)
Table 45 Oil Condition Monitoring Market For Transportation In North America, By Country, 2021–2026 (Usd Million)
Table 46 Oil Condition Monitoring Market For Transportation In Europe, By Country, 2018–2020 (Usd Million)
Table 47 Oil Condition Monitoring Market For Transportation In Europe, By Country, 2021–2026 (Usd Million)
Table 48 Oil Condition Monitoring Market For Transportation In Apac, By Country, 2018–2020 (Usd Million)
Table 49 Oil Condition Monitoring Market For Transportation In Apac, By Country, 2021–2026 (Usd Million)
Table 50 Oil Condition Monitoring Market For Transportation In Row, By Region, 2018–2020 (Usd Million)
Table 51 Oil Condition Monitoring Market For Transportation In Row, By Region, 2021–2026 (Usd Million)
Figure 31 Automobile Segment To Lead Oil Condition Monitoring Market For Transportation Vertical During Forecast Period
Table 52 Oil Condition Monitoring Market For Transportation, By Type, 2018–2020 (Usd Million)
Table 53 Oil Condition Monitoring Market For Transportation, By Type, 2021–2026 (Usd Million)
11.2.2 Automobile
11.2.3 Aerospace
11.2.4 Marine
11.2.5 Heavy Vehicle
11.2.6 Locomotive Engines
11.3 Industrial
11.3.1 Demand For Lubricants Will Be High For Industrial Machineries Due To Need For Continuous Functioning Of Manufacturing Facilities
Table 54 Oil Condition Monitoring Market For Industrial, By Product Type, 2018–2020 (Usd Million)
Table 55 Oil Condition Monitoring Market For Industrial, By Product Type, 2021–2026 (Usd Million)
Table 56 Oil Condition Monitoring Market For Industrial, By Region, 2018–2020 (Usd Million)
Table 57 Oil Condition Monitoring Market For Industrial, By Region, 2021–2026 (Usd Million)
Table 58 Oil Condition Monitoring Market For Industrial In North America, By Country, 2018–2020 (Usd Million)
Table 59 Oil Condition Monitoring Market For Industrial In North America, By Country, 2021–2026 (Usd Million)
Table 60 Oil Condition Monitoring Market For Industrial In Europe, By Country, 2018–2020 (Usd Million)
Table 61 Oil Condition Monitoring Market For Industrial In Europe, By Country, 2021–2026 (Usd Million)
Table 62 Oil Condition Monitoring Market For Industrial In Apac, By Country, 2018–2020 (Usd Million)
Table 63 Oil Condition Monitoring Market For Industrial In Apac, By Country, 2021–2026 (Usd Million)
Table 64 Oil Condition Monitoring Market For Industrial In Row, By Region, 2018–2020 (Usd Million)
Table 65 Oil Condition Monitoring Market For Industrial In Row, By Region, 2021–2026 (Usd Million)
11.4 Oil & Gas
11.4.1 Growing Need To Monitor Oil In Exploration And Refining Processes To Boost Market Growth
Table 66 Oil Condition Monitoring Market For Oil & Gas, By Product Type, 2018–2020 (Usd Million)
Table 67 Oil Condition Monitoring Market For Oil & Gas, By Product Type, 2021–2026 (Usd Million)
Table 68 Oil Condition Monitoring Market For Oil & Gas, By Region, 2018–2020 (Usd Million)
Table 69 Oil Condition Monitoring Market For Oil & Gas, By Region, 2021–2026 (Usd Million)
Table 70 Oil Condition Monitoring Market For Oil & Gas In North America, By Country, 2018–2020 (Usd Million)
Table 71 Oil Condition Monitoring Market For Oil & Gas In North America, By Country, 2021–2026 (Usd Million)
Table 72 Oil Condition Monitoring Market For Oil & Gas In Europe, By Country, 2018–2020 (Usd Million)
Table 73 Oil Condition Monitoring Market For Oil & Gas In Europe, By Country, 2021–2026 (Usd Million)
Table 74 Oil Condition Monitoring Market For Oil & Gas In Apac, By Country, 2018–2020 (Usd Million)
Table 75 Oil Condition Monitoring Market For Oil & Gas In Apac, By Country, 2021–2026 (Usd Million)
Table 76 Oil Condition Monitoring Market For Oil & Gas In Row, By Region, 2018–2020 (Usd Million)
Table 77 Oil Condition Monitoring Market For Oil & Gas In Row, By Region, 2021–2026 (Usd Million)
11.5 Power Generation
11.5.1 Growing Investments For Power Generation To Drive Growth Of Oil Condition Monitoring Market
Figure 32 Apac To Lead Oil Condition Monitoring Market For Industrial Segment During Forecast Period
Table 78 Oil Condition Monitoring Market For Power Generation, By Product Type, 2018–2020 (Usd Million)
Table 79 Oil Condition Monitoring Market For Power Generation, By Product Type, 2021–2026 (Usd Million)
Table 80 Oil Condition Monitoring Market For Power Generation, By Region, 2018–2020 (Usd Million)
Table 81 Oil Condition Monitoring Market For Power Generation, By Region, 2021–2026 (Usd Million)
Table 82 Oil Condition Monitoring Market For Power Generation In North America, By Country, 2018–2020 (Usd Million)
Table 83 Oil Condition Monitoring Market For Power Generation In North America, By Country, 2021–2026 (Usd Million)
Table 84 Oil Condition Monitoring Market For Power Generation In Europe, By Country, 2018–2020 (Usd Million)
Table 85 Oil Condition Monitoring Market For Power Generation In Europe, By Country, 2021–2026 (Usd Million)
Table 86 Oil Condition Monitoring Market For Power Generation In Apac, By Country, 2018–2020 (Usd Million)
Table 87 Oil Condition Monitoring Market For Power Generation In Apac, By Country, 2021–2026 (Usd Million)
Table 88 Oil Condition Monitoring Market For Power Generation In Row, By Region, 2018–2020 (Usd Million)
Table 89 Oil Condition Monitoring Market For Power Generation In Row, By Region, 2021–2026 (Usd Million)
11.6 Mining
11.6.1 Growing Need For Lubricants For Heavy Machineries In Mines To Fuel Market Growth
Table 90 Oil Condition Monitoring Market For Mining, By Product Type, 2018–2020 (Usd Million)
Table 91 Oil Condition Monitoring Market For Mining, By Product Type, 2021–2026 (Usd Million)
Table 92 Oil Condition Monitoring Market For Mining, By Region, 2018–2020 (Usd Million)
Table 93 Oil Condition Monitoring Market For Mining, By Region, 2021–2026 (Usd Million)
Table 94 Oil Condition Monitoring Market For Mining In North America, By Country, 2018–2020 (Usd Million)
Table 95 Oil Condition Monitoring Market For Mining In North America, By Country, 2021–2026 (Usd Million)
Table 96 Oil Condition Monitoring Market For Mining In Europe, By Country, 2018–2020 (Usd Million)
Table 97 Oil Condition Monitoring Market For Mining In Europe, By Country, 2021–2026 (Usd Million)
Table 98 Oil Condition Monitoring Market For Mining In Apac, By Country, 2018–2020 (Usd Million)
Table 99 Oil Condition Monitoring Market For Mining In Apac, By Country, 2021–2026 (Usd Million)
Table 100 Oil Condition Monitoring Market For Mining In Row, By Region, 2018–2020 (Usd Million)
Table 101 Oil Condition Monitoring Market For Mining In Row, By Region, 2021–2026 (Usd Million)

12 Oil Condition Monitoring Market, By Region
12.1 Introduction
Figure 33 Geographic Snapshot: Apac To Grow At Highest Cagr From 2021 To 2026
Figure 34 Oil Condition Monitoring Market In Apac To Grow At Highest Cagr During Forecast Period
Table 102 Oil Condition Monitoring Market, By Region, 2018–2020 (Usd Million)
Table 103 Oil Condition Monitoring Market, By Region, 2021–2026 (Usd Million)
12.2 North America
Figure 35 North America: Oil Condition Monitoring Market Snapshot
Table 104 Oil Condition Monitoring Market In North America, By Vertical, 2018–2020 (Usd Million)
Table 105 Oil Condition Monitoring Market In North America, By Vertical, 2021–2026 (Usd Million)
Table 106 Oil Condition Monitoring Market In North America, By Country, 2018–2020 (Usd Million)
Table 107 Oil Condition Monitoring Market In North America, By Country, 2021–2026 (Usd Million)
12.2.1 Us
12.2.1.1 Presence Of Key Oil Condition Monitoring Solution Providers In Us To Propel Market Growth During Forecast Period
Table 108 Oil Condition Monitoring Market In Us, By Vertical, 2018–2020 (Usd Million)
Table 109 Oil Condition Monitoring Market In Us, By Vertical, 2021–2026 (Usd Million)
12.2.2 Canada
12.2.2.1 Implementation Of Smart Factory Solutions To Boost Market Growth In Canada
Table 110 Oil Condition Monitoring Market In Canada, By Vertical, 2018–2020 (Usd Million)
Table 111 Oil Condition Monitoring Market In Canada, By Vertical, 2021–2026 (Usd Million)
12.2.3 Mexico
12.2.3.1 Increasing Industrialization In Mexico To Drive Growth Of Oil Condition Monitoring Market
Table 112 Oil Condition Monitoring Market In Mexico, By Vertical, 2018–2020 (Usd Million)
Table 113 Oil Condition Monitoring Market In Mexico, By Vertical, 2021–2026 (Usd Million)
12.3 Europe
Figure 36 Europe: Oil Condition Monitoring Market Snapshot
Table 114 Oil Condition Monitoring Market In Europe, By Vertical, 2018–2020 (Usd Million)
Table 115 Oil Condition Monitoring Market In Europe, By Vertical, 2021–2026 (Usd Million)
Table 116 Oil Condition Monitoring Market In Europe, By Country, 2018–2020 (Usd Million)
Table 117 Oil Condition Monitoring Market In Europe, By Country, 2021–2026 (Usd Million)
12.3.1 Germany
12.3.1.1 Germany To Lead Oil Condition Monitoring Market In Europe During Forecast Period Owing To Its Automotive Industry
Table 118 Oil Condition Monitoring Market In Germany, By Vertical, 2018–2020 (Usd Million)
Table 119 Oil Condition Monitoring Market In Germany, By Vertical, 2021–2026 (Usd Million)
12.3.2 Uk
12.3.2.1 Growing Investments In Manufacturing Sectors To Boost Growth Of Oil Condition Monitoring Market During Forecast Period In Uk
Table 120 Oil Condition Monitoring Market In Uk, By Vertical, 2018–2020 (Usd Million)
Table 121 Oil Condition Monitoring Market In Uk, By Vertical, 2021–2026 (Usd Million)
12.3.3 France
12.3.3.1 Growing Use Of Oil Condition Monitoring In Automotive Industry And Power Stations To Drive Market Growth
Table 122 Oil Condition Monitoring Market In France, By Vertical, 2018–2020 (Usd Million)
Table 123 Oil Condition Monitoring Market In France, By Vertical, 2021–2026 (Usd Million)
12.3.4 Rest Of Europe
Table 124 Oil Condition Monitoring Market In Rest Of Europe, By Vertical, 2018–2020 (Usd Million)
Table 125 Oil Condition Monitoring Market In Rest Of Europe, By Vertical, 2021–2026 (Usd Million)
12.4 Asia Pacific
Figure 37 Apac: Oil Condition Monitoring Market Snapshot
Table 126 Oil Condition Monitoring Market In Apac, By Vertical, 2018–2020 (Usd Million)
Table 127 Oil Condition Monitoring Market In Apac, By Vertical, 2021–2026 (Usd Million)
Table 128 Oil Condition Monitoring Market In Apac, By Country, 2018–2020 (Usd Million)
Table 129 Oil Condition Monitoring Market In Apac, By Country, 2021–2026 (Usd Million)
12.4.1 China
12.4.1.1 China To Witness Rapid Growth In Global Oil Condition Monitoring Market Due To Industrialization
Table 130 Oil Condition Monitoring Market In China, By Vertical, 2018–2020 (Usd Million)
Table 131 Oil Condition Monitoring Market In China, By Vertical, 2021–2026 (Usd Million)
12.4.2 Japan
12.4.2.1 Notable Growth In Automotive Industry To Boost Oil Condition Monitoring Market In Japan
Table 132 Oil Condition Monitoring Market In Japan, By Vertical, 2018–2020 (Usd Million)
Table 133 Oil Condition Monitoring Market In Japan, By Vertical, 2021–2026 (Usd Million)
12.4.3 India
12.4.3.1 Expanding Manufacturing Industries And Government Initiatives For Renewable Power Development To Drive Market Growth
Table 134 Oil Condition Monitoring Market In India, By Vertical, 2018–2020 (Usd Thousand)
Table 135 Oil Condition Monitoring Market In India, By Vertical, 2021–2026 (Usd Thousand)
12.4.4 Rest Of Apac
Table 136 Oil Condition Monitoring Market In Rest Of Apac, By Vertical, 2018–2020 (Usd Million)
Table 137 Oil Condition Monitoring Market In Rest Of Apac, By Vertical, 2021–2026 (Usd Million)
12.5 Rest Of The World
Table 138 Oil Condition Monitoring Market In Rest Of World, By Vertical, 2018–2020 (Usd Million)
Table 139 Oil Condition Monitoring Market In Rest Of World, By Vertical, 2021–2026 (Usd Million)
Table 140 Oil Condition Monitoring Market In Row, By Region, 2018–2020 (Usd Million)
Table 141 Oil Condition Monitoring Market In Row, By Region, 2021–2026 (Usd Million)
12.5.1 Middle East & Africa
12.5.1.1 Middle East & Africa To Witness Increasing Demand For Oil Condition Monitoring During Forecast Period
Table 142 Oil Condition Monitoring Market In Middle East & Africa, By Vertical, 2018–2020 (Usd Million)
Table 143 Oil Condition Monitoring Market In Middle East & Africa, By Vertical, 2021–2026 (Usd Million)
12.5.2 South America
12.5.2.1 Implementation Of Oil Condition Monitoring In Automotive, Infrastructure, Oil & Gas, Chemicals, And Mining Industries To Drive Market Growth
Table 144 Oil Condition Monitoring Market In South America, By Vertical, 2018–2020 (Usd Million)
Table 145 Oil Condition Monitoring Market In South America, By Vertical, 2021–2026 (Usd Million)

13 Competitive Landscape
13.1 Introduction
13.2 Market Evaluation Framework
Table 146 Overview Of Strategies Deployed By Key Players In Oil Condition Monitoring Market
13.2.1 Product Portfolio
13.2.2 Regional Focus
13.2.3 Manufacturing Footprint
13.2.4 Organic/Inorganic Growth Strategies
13.3 Market Share Analysis, 2020
Table 147 Degree Of Competition
13.4 Revenue Analysis Of Top Market Players In Oil Condition Monitoring Market
Figure 38 Five-Year Revenue Analysis Of Top Market Players In Oil Condition Monitoring Market
13.5 Company Evaluation Quadrant
13.5.1 Star
13.5.2 Pervasive
13.5.3 Emerging Leader
13.5.4 Participant
Figure 39 Oil Condition Monitoring Market (Global): Company Evaluation Quadrant, 2020
13.6 Startup/Sme Evaluation Quadrant
13.6.1 Progressive Company
13.6.2 Responsive Company
13.6.3 Dynamic Company
13.6.4 Starting Block
Figure 40 Oil Condition Monitoring Market (Global): Startup/Sme Evaluation Quadrant, 2020
13.7 Company Product Footprint
Table 148 Company Product Footprint
Table 149 Company Product Footprint
Table 150 Company Vertical Footprint
Table 151 Company Regional Footprint
13.8 Competitive Situations & Trends
13.8.1 Product Launches
Table 152 Product Launches (2018–2021)
13.8.2 Deals
Table 153 Deals (2018–2021)

14 Company Profiles
14.1 Key Players
(Business Overview, Products/Solutions Offered, Recent Developments, Covid-19-Related Developments, Mnm View)*
14.1.1 Parker-Hannifin Corporation
Table 154 Parker-Hannifin Corporation: Business Overview
Figure 41 Parker-Hannifin Corporation: Company Snapshot
14.1.2 General Electric Company
Table 155 General Electric: Business Overview
Figure 42 General Electric: Company Snapshot
14.1.3 Royal Dutch Shell Plc
Table 156 Royal Dutch Shell Plc: Business Overview
Figure 43 Royal Dutch Shell Plc: Company Snapshot
14.1.4 Bp Plc
Table 157 Bp Plc: Business Overview
Figure 44 Bp Plc: Company Snapshot
14.1.5 Chevron Corporation
Table 158 Chevron Corporation: Business Overview
Figure 45 Chevron Corporation: Company Snapshot
14.1.6 Intertek Group Plc
Table 159 Intertek Group Plc: Business Overview
Figure 46 Intertek Group Plc: Company Snapshot
14.1.7 Sgs Sa
Table 160 Sgs Sa: Business Overview
Figure 47 Sgs Sa: Company Snapshot
14.1.8 Bureau Veritas
Table 161 Bureau Veritas: Business Overview
Figure 48 Bureau Veritas: Company Snapshot
14.1.9 Eaton Corporation Plc
Table 162 Eaton Corporation Plc: Business Overview
Figure 49 Eaton Corporation Plc: Company Snapshot
14.1.10 Total Se (Totalenergies Se)
Table 163 Total Se: Business Overview
Figure 50 Total Se: Company Snapshot
14.2 Right To Win
14.3 Other Companies
14.3.1 Unimarine Pte. Ltd.
14.3.2 Hydac International
14.3.3 Tan Delta Systems
14.3.4 Monition Ltd.
14.3.5 Veritas Petroleum Services (Vps) Bv
14.3.6 Spectro Analytical Instruments Gmbh
14.3.7 Delta Services Industries (Dsi)
14.3.8 Avenisense Sa
14.3.9 Micromem Applied Sensor Technologies Inc. (Mast)
14.3.10 Gill Sensors & Controls Limited
14.3.11 Poseidon Systems, Llc
14.3.12 Cm Technologies Gmbh
14.3.13 Special Oilfield Services Co. Llc
14.3.14 Des-Case Corporation
14.3.15 Insight Services Inc.

*Details On Business Overview, Products/Solutions Offered, Recent Developments, Covid-19-Related Developments, Mnm View Might Not Be Captured In Case Of Unlisted Companies.

15 Appendix
15.1 Discussion Guide
15.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.3 Available Customizations
15.4 Related Reports
15.5 Author Details

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