Machine Condition Monitoring Market Size, Share & Industry Analysis, By Equipment (Vibration Analysis, Oil Analysis, and Thermography), By End User (Oil & Gas, Power Generation, Manufacturing & Mining, Chemicals, Automotive, Aerospace and Defense, and Others (Marine & Propulsion)), and Regional Forecast, 2026 – 2034

Last Updated: January 12, 2026 | Format: PDF | Report ID: FBI112654

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REPORT SCOPE & SEGMENTATION

ATTRIBUTE	DETAILS
Study Period	2021-2034
Base Year	2025
Forecast Period	2026-2034
Historical Period	2021-2024
Growth Rate	CAGR of 9.7% from 2026 to 2034
Unit	Value (USD Billion)
Segmentation	By Equipment, End User, and Region
Segmentation	By Equipment Vibration Analysis Oil Analysis Thermography By End User Oil & Gas Power Generation Manufacturing & Mining Chemicals Automotive Aerospace and Defense Others (Marine & Propulsion) By Region North America (By Equipment, By End User, and By Country) U.S. (By Equipment) Canada (By Equipment) Mexico (By Equipment) South America (By Equipment, By End User, and By Country) Brazil (By Equipment) Argentina (By Equipment) Rest of South America Europe (By Equipment, By End User, and By Country) U.K. (By Equipment) Germany (By Equipment) France (By Equipment) Italy (By Equipment) Spain (By Equipment) Russia (By Equipment) Rest of Europe Asia Pacific (By Equipment, By End User, and By Country) China (By Equipment) India (By Equipment) Japan (By Equipment) South Korea (By Equipment) ASEAN (By Equipment) Rest of Asia Pacific Middle East & Africa (By Equipment, By End User, and By Country) South Africa (By Equipment) GCC (By Equipment) Rest of Middle East & Africa
Key Market Players Profiled in the Report	General Vernova (U.S.), Honeywell International Inc. (U.S.), SKF (Netherlands), Siemens AG (Germany), Rockwell Automation Inc. (U.S.), Fluke Corporation (Japan), Bentley Nevada (Nevada), Acoem (France), Schaeffler (U.S.), Bosch Rexroth AG (Germany)