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Machine Health Monitoring Market - Global
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Trends and Forecast 2014 – 2020
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REPORT DESCRIPTION
Machine health monitoring is a process of supervising the machinery to identify considerable changes that indicates
a fault. The use of machine health monitoring system allows timing for maintenance to be scheduled in a manner
that prevents the failure of system and thus avoid its consequences. Machine health monitoring system benefits
machinery by identifying the fault before it develops into a major failure. The growing importance of asset
management and manufacturer’s drive to optimize productivity and increase efficiency of plant is driving the
demand for machine health monitoring equipment market. Additionally, increasing emphasis on asset utilization and
the rising need for elimination of possible machine breakdowns which may lead to redundant maintenance costs has
led to an increased adoption of this technology. This technique is generally used on rotating equipments and other
machinery such as electric motors, pumps, presses and internal combustion engines. Manufacturing processes, such
as breweries and oil refineries, employ monitoring systems, to measure critical parameters. This system makes use
of sensors for the purpose of monitoring the machines. SCADA (Supervisory Control and Data Acquisition), is used to
analyze information and provide data. This system is used to monitor current and historical performance of
equipments. Machine health monitoring...