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Oil analysis provides a detailed view of what is happening within machine components during operation. For decades, oil analysis has helped diagnose the internal conditions of oil-wetted components and their lubricants in virtually every industry that involves heavy duty machinery or stationary industrial equipment. Any company that operates equipment using oil, fuel or coolant can realize substantial returns from a minimal investment in this type of testing. While early oil analysis test methods were shockingly simple, present-day processes employ the most advanced analytical tools and technologies. Commercial oil analysis uses a combination of physical and chemical tests to monitor lubricant and component conditions – much like what we learn when testing blood samples from people. Oil condition monitoring (OCM) testing predictive maintenance programs help clients avoid costly machinery, engine and power-train failures. The global market for Oil Condition Monitoring System was estimated to be worth US$ 677 million in 2023 and is forecast to a readjusted size of US$ 855.6 million by 2030 with a CAGR of 3.3% during the forecast period 2024-2030
Oil Condition Monitoring System Market Size
M= millions and B=billions
Global Oil Condition Monitoring key players include Bureau Veritas, SGS, Intertek Group, Shell, Chevron Corporation, etc. Global top five manufacturers hold a share about 70%. Europe is the largest market, with a share about 40%, followed by North America, with a share about 30 percent. In terms of product, Off-site is the largest segment, with a share about 75%. And in terms of application, the largest application is Oil & Gas, followed by Transportation, Industrial, Energy & Power, Mining, etc. Report Scope This report aims to provide a comprehensive presentation of the global market for Oil Condition Monitoring System, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Oil Condition Monitoring System by region & country, by Type, and by Application. The Oil Condition Monitoring System market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oil Condition Monitoring System. Market Segmentation
Report Metric
Details
Report Title
Oil Condition Monitoring System - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Forecasted Market Size in 2030
US$ 855.6 million
CAGR(2024-2030)
3.3%
Market Size Available for Years
2019-2030
Global Oil Condition Monitoring System Companies Covered
Bureau Veritas SA (France), Intertek Group plc (UK), Parker Hannifin Corporation (US), Castrol Limited (UK), General Electric Company (US), Test Oil (Insight Services, Inc.) (US), Spectro Analytical Instruments GmbH (Germany), Chevron (US), Shell (NL), Tribomar GmbH (DE), Avenisense S.A. (FR), Poseidon Systems, LLC (US), Micromem Applied Sensor Technologies Inc. (US)
Global Oil Condition Monitoring System Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Oil Condition Monitoring System Market, Segment by Type
On-site
Off-site
Global Oil Condition Monitoring System Market, Segment by Application
Transportation
Industrial
Oil & Gas
Energy & Power
Mining
Others
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 2: Detailed analysis of Oil Condition Monitoring System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 5: Sales, revenue of Oil Condition Monitoring System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world. Chapter 6: Sales, revenue of Oil Condition Monitoring System in country level. It provides sigmate data by Type, and by Application for each country/region. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 9: Conclusion.
1 Market Overview
1.1 Oil Condition Monitoring System Product Introduction
1.2 Global Oil Condition Monitoring System Market Size Forecast
1.2.1 Global Oil Condition Monitoring System Sales Value (2019-2030)
1.2.2 Global Oil Condition Monitoring System Sales Volume (2019-2030)
1.2.3 Global Oil Condition Monitoring System Sales Price (2019-2030)
1.3 Oil Condition Monitoring System Market Trends & Drivers
1.3.1 Oil Condition Monitoring System Industry Trends
1.3.2 Oil Condition Monitoring System Market Drivers & Opportunity
1.3.3 Oil Condition Monitoring System Market Challenges
1.3.4 Oil Condition Monitoring System Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Oil Condition Monitoring System Players Revenue Ranking (2023)
2.2 Global Oil Condition Monitoring System Revenue by Company (2019-2024)
2.3 Global Oil Condition Monitoring System Players Sales Volume Ranking (2023)
2.4 Global Oil Condition Monitoring System Sales Volume by Company Players (2019-2024)
2.5 Global Oil Condition Monitoring System Average Price by Company (2019-2024)
2.6 Key Manufacturers Oil Condition Monitoring System Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Oil Condition Monitoring System Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Oil Condition Monitoring System
2.9 Oil Condition Monitoring System Market Competitive Analysis
2.9.1 Oil Condition Monitoring System Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Oil Condition Monitoring System Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Oil Condition Monitoring System as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 On-site
3.1.2 Off-site
3.2 Global Oil Condition Monitoring System Sales Value by Type
3.2.1 Global Oil Condition Monitoring System Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Oil Condition Monitoring System Sales Value, by Type (2019-2030)
3.2.3 Global Oil Condition Monitoring System Sales Value, by Type (%) (2019-2030)
3.3 Global Oil Condition Monitoring System Sales Volume by Type
3.3.1 Global Oil Condition Monitoring System Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Oil Condition Monitoring System Sales Volume, by Type (2019-2030)
3.3.3 Global Oil Condition Monitoring System Sales Volume, by Type (%) (2019-2030)
3.4 Global Oil Condition Monitoring System Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Transportation
4.1.2 Industrial
4.1.3 Oil & Gas
4.1.4 Energy & Power
4.1.5 Mining
4.1.6 Others
4.2 Global Oil Condition Monitoring System Sales Value by Application
4.2.1 Global Oil Condition Monitoring System Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Oil Condition Monitoring System Sales Value, by Application (2019-2030)
4.2.3 Global Oil Condition Monitoring System Sales Value, by Application (%) (2019-2030)
4.3 Global Oil Condition Monitoring System Sales Volume by Application
4.3.1 Global Oil Condition Monitoring System Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Oil Condition Monitoring System Sales Volume, by Application (2019-2030)
4.3.3 Global Oil Condition Monitoring System Sales Volume, by Application (%) (2019-2030)
4.4 Global Oil Condition Monitoring System Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Oil Condition Monitoring System Sales Value by Region
5.1.1 Global Oil Condition Monitoring System Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Oil Condition Monitoring System Sales Value by Region (2019-2024)
5.1.3 Global Oil Condition Monitoring System Sales Value by Region (2025-2030)
5.1.4 Global Oil Condition Monitoring System Sales Value by Region (%), (2019-2030)
5.2 Global Oil Condition Monitoring System Sales Volume by Region
5.2.1 Global Oil Condition Monitoring System Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Oil Condition Monitoring System Sales Volume by Region (2019-2024)
5.2.3 Global Oil Condition Monitoring System Sales Volume by Region (2025-2030)
5.2.4 Global Oil Condition Monitoring System Sales Volume by Region (%), (2019-2030)
5.3 Global Oil Condition Monitoring System Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Oil Condition Monitoring System Sales Value, 2019-2030
5.4.2 North America Oil Condition Monitoring System Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Oil Condition Monitoring System Sales Value, 2019-2030
5.5.2 Europe Oil Condition Monitoring System Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Oil Condition Monitoring System Sales Value, 2019-2030
5.6.2 Asia Pacific Oil Condition Monitoring System Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Oil Condition Monitoring System Sales Value, 2019-2030
5.7.2 South America Oil Condition Monitoring System Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Oil Condition Monitoring System Sales Value, 2019-2030
5.8.2 Middle East & Africa Oil Condition Monitoring System Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Oil Condition Monitoring System Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Oil Condition Monitoring System Sales Value
6.2.1 Key Countries/Regions Oil Condition Monitoring System Sales Value, 2019-2030
6.2.2 Key Countries/Regions Oil Condition Monitoring System Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Oil Condition Monitoring System Sales Value, 2019-2030
6.3.2 United States Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Oil Condition Monitoring System Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Oil Condition Monitoring System Sales Value, 2019-2030
6.4.2 Europe Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Oil Condition Monitoring System Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Oil Condition Monitoring System Sales Value, 2019-2030
6.5.2 China Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030
6.5.3 China Oil Condition Monitoring System Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Oil Condition Monitoring System Sales Value, 2019-2030
6.6.2 Japan Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Oil Condition Monitoring System Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Oil Condition Monitoring System Sales Value, 2019-2030
6.7.2 South Korea Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Oil Condition Monitoring System Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Oil Condition Monitoring System Sales Value, 2019-2030
6.8.2 Southeast Asia Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Oil Condition Monitoring System Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Oil Condition Monitoring System Sales Value, 2019-2030
6.9.2 India Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030
6.9.3 India Oil Condition Monitoring System Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Bureau Veritas SA (France)
7.1.1 Bureau Veritas SA (France) Company Information
7.1.2 Bureau Veritas SA (France) Introduction and Business Overview
7.1.3 Bureau Veritas SA (France) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Bureau Veritas SA (France) Oil Condition Monitoring System Product Offerings
7.1.5 Bureau Veritas SA (France) Recent Development
7.2 Intertek Group plc (UK)
7.2.1 Intertek Group plc (UK) Company Information
7.2.2 Intertek Group plc (UK) Introduction and Business Overview
7.2.3 Intertek Group plc (UK) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Intertek Group plc (UK) Oil Condition Monitoring System Product Offerings
7.2.5 Intertek Group plc (UK) Recent Development
7.3 Parker Hannifin Corporation (US)
7.3.1 Parker Hannifin Corporation (US) Company Information
7.3.2 Parker Hannifin Corporation (US) Introduction and Business Overview
7.3.3 Parker Hannifin Corporation (US) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Parker Hannifin Corporation (US) Oil Condition Monitoring System Product Offerings
7.3.5 Parker Hannifin Corporation (US) Recent Development
7.4 Castrol Limited (UK)
7.4.1 Castrol Limited (UK) Company Information
7.4.2 Castrol Limited (UK) Introduction and Business Overview
7.4.3 Castrol Limited (UK) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Castrol Limited (UK) Oil Condition Monitoring System Product Offerings
7.4.5 Castrol Limited (UK) Recent Development
7.5 General Electric Company (US)
7.5.1 General Electric Company (US) Company Information
7.5.2 General Electric Company (US) Introduction and Business Overview
7.5.3 General Electric Company (US) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2019-2024)
7.5.4 General Electric Company (US) Oil Condition Monitoring System Product Offerings
7.5.5 General Electric Company (US) Recent Development
7.6 Test Oil (Insight Services, Inc.) (US)
7.6.1 Test Oil (Insight Services, Inc.) (US) Company Information
7.6.2 Test Oil (Insight Services, Inc.) (US) Introduction and Business Overview
7.6.3 Test Oil (Insight Services, Inc.) (US) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Test Oil (Insight Services, Inc.) (US) Oil Condition Monitoring System Product Offerings
7.6.5 Test Oil (Insight Services, Inc.) (US) Recent Development
7.7 Spectro Analytical Instruments GmbH (Germany)
7.7.1 Spectro Analytical Instruments GmbH (Germany) Company Information
7.7.2 Spectro Analytical Instruments GmbH (Germany) Introduction and Business Overview
7.7.3 Spectro Analytical Instruments GmbH (Germany) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Spectro Analytical Instruments GmbH (Germany) Oil Condition Monitoring System Product Offerings
7.7.5 Spectro Analytical Instruments GmbH (Germany) Recent Development
7.8 Chevron (US)
7.8.1 Chevron (US) Company Information
7.8.2 Chevron (US) Introduction and Business Overview
7.8.3 Chevron (US) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Chevron (US) Oil Condition Monitoring System Product Offerings
7.8.5 Chevron (US) Recent Development
7.9 Shell (NL)
7.9.1 Shell (NL) Company Information
7.9.2 Shell (NL) Introduction and Business Overview
7.9.3 Shell (NL) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Shell (NL) Oil Condition Monitoring System Product Offerings
7.9.5 Shell (NL) Recent Development
7.10 Tribomar GmbH (DE)
7.10.1 Tribomar GmbH (DE) Company Information
7.10.2 Tribomar GmbH (DE) Introduction and Business Overview
7.10.3 Tribomar GmbH (DE) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Tribomar GmbH (DE) Oil Condition Monitoring System Product Offerings
7.10.5 Tribomar GmbH (DE) Recent Development
7.11 Avenisense S.A. (FR)
7.11.1 Avenisense S.A. (FR) Company Information
7.11.2 Avenisense S.A. (FR) Introduction and Business Overview
7.11.3 Avenisense S.A. (FR) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Avenisense S.A. (FR) Oil Condition Monitoring System Product Offerings
7.11.5 Avenisense S.A. (FR) Recent Development
7.12 Poseidon Systems, LLC (US)
7.12.1 Poseidon Systems, LLC (US) Company Information
7.12.2 Poseidon Systems, LLC (US) Introduction and Business Overview
7.12.3 Poseidon Systems, LLC (US) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Poseidon Systems, LLC (US) Oil Condition Monitoring System Product Offerings
7.12.5 Poseidon Systems, LLC (US) Recent Development
7.13 Micromem Applied Sensor Technologies Inc. (US)
7.13.1 Micromem Applied Sensor Technologies Inc. (US) Company Information
7.13.2 Micromem Applied Sensor Technologies Inc. (US) Introduction and Business Overview
7.13.3 Micromem Applied Sensor Technologies Inc. (US) Oil Condition Monitoring System Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Micromem Applied Sensor Technologies Inc. (US) Oil Condition Monitoring System Product Offerings
7.13.5 Micromem Applied Sensor Technologies Inc. (US) Recent Development
8 Industry Chain Analysis
8.1 Oil Condition Monitoring System Industrial Chain
8.2 Oil Condition Monitoring System Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Oil Condition Monitoring System Sales Model
8.5.2 Sales Channel
8.5.3 Oil Condition Monitoring System Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
List of Tables Table 1. Oil Condition Monitoring System Market Trends Table 2. Oil Condition Monitoring System Market Drivers & Opportunity Table 3. Oil Condition Monitoring System Market Challenges Table 4. Oil Condition Monitoring System Market Restraints Table 5. Global Oil Condition Monitoring System Revenue by Company (2019-2024) & (US$ Million) Table 6. Global Oil Condition Monitoring System Revenue Market Share by Company (2019-2024) Table 7. Global Oil Condition Monitoring System Sales Volume by Company (2019-2024) & (Units) Table 8. Global Oil Condition Monitoring System Sales Volume Market Share by Company (2019-2024) Table 9. Global Market Oil Condition Monitoring System Price by Company (2019-2024) & (K USD/Unit) Table 10. Key Manufacturers Oil Condition Monitoring System Manufacturing Base Distribution and Headquarters Table 11. Key Manufacturers Oil Condition Monitoring System Product Type Table 12. Key Manufacturers Time to Begin Mass Production of Oil Condition Monitoring System Table 13. Global Oil Condition Monitoring System Manufacturers Market Concentration Ratio (CR5 and HHI) Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Oil Condition Monitoring System as of 2023) Table 15. Mergers & Acquisitions, Expansion Plans Table 16. Global Oil Condition Monitoring System Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million) Table 17. Global Oil Condition Monitoring System Sales Value by Type (2019-2024) & (US$ Million) Table 18. Global Oil Condition Monitoring System Sales Value by Type (2025-2030) & (US$ Million) Table 19. Global Oil Condition Monitoring System Sales Market Share in Value by Type (2019-2024) & (%) Table 20. Global Oil Condition Monitoring System Sales Market Share in Value by Type (2025-2030) & (%) Table 21. Global Oil Condition Monitoring System Sales Volume by Type: 2019 VS 2023 VS 2030 (Units) Table 22. Global Oil Condition Monitoring System Sales Volume by Type (2019-2024) & (Units) Table 23. Global Oil Condition Monitoring System Sales Volume by Type (2025-2030) & (Units) Table 24. Global Oil Condition Monitoring System Sales Market Share in Volume by Type (2019-2024) & (%) Table 25. Global Oil Condition Monitoring System Sales Market Share in Volume by Type (2025-2030) & (%) Table 26. Global Oil Condition Monitoring System Price by Type (2019-2024) & (K USD/Unit) Table 27. Global Oil Condition Monitoring System Price by Type (2025-2030) & (K USD/Unit) Table 28. Global Oil Condition Monitoring System Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million) Table 29. Global Oil Condition Monitoring System Sales Value by Application (2019-2024) & (US$ Million) Table 30. Global Oil Condition Monitoring System Sales Value by Application (2025-2030) & (US$ Million) Table 31. Global Oil Condition Monitoring System Sales Market Share in Value by Application (2019-2024) & (%) Table 32. Global Oil Condition Monitoring System Sales Market Share in Value by Application (2025-2030) & (%) Table 33. Global Oil Condition Monitoring System Sales Volume by Application: 2019 VS 2023 VS 2030 (Units) Table 34. Global Oil Condition Monitoring System Sales Volume by Application (2019-2024) & (Units) Table 35. Global Oil Condition Monitoring System Sales Volume by Application (2025-2030) & (Units) Table 36. Global Oil Condition Monitoring System Sales Market Share in Volume by Application (2019-2024) & (%) Table 37. Global Oil Condition Monitoring System Sales Market Share in Volume by Application (2025-2030) & (%) Table 38. Global Oil Condition Monitoring System Price by Application (2019-2024) & (K USD/Unit) Table 39. Global Oil Condition Monitoring System Price by Application (2025-2030) & (K USD/Unit) Table 40. Global Oil Condition Monitoring System Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million) Table 41. Global Oil Condition Monitoring System Sales Value by Region (2019-2024) & (US$ Million) Table 42. Global Oil Condition Monitoring System Sales Value by Region (2025-2030) & (US$ Million) Table 43. Global Oil Condition Monitoring System Sales Value by Region (2019-2024) & (%) Table 44. Global Oil Condition Monitoring System Sales Value by Region (2025-2030) & (%) Table 45. Global Oil Condition Monitoring System Sales Volume by Region (Units): 2019 VS 2023 VS 2030 Table 46. Global Oil Condition Monitoring System Sales Volume by Region (2019-2024) & (Units) Table 47. Global Oil Condition Monitoring System Sales Volume by Region (2025-2030) & (Units) Table 48. Global Oil Condition Monitoring System Sales Volume by Region (2019-2024) & (%) Table 49. Global Oil Condition Monitoring System Sales Volume by Region (2025-2030) & (%) Table 50. Global Oil Condition Monitoring System Average Price by Region (2019-2024) & (K USD/Unit) Table 51. Global Oil Condition Monitoring System Average Price by Region (2025-2030) & (K USD/Unit) Table 52. Key Countries/Regions Oil Condition Monitoring System Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030 Table 53. Key Countries/Regions Oil Condition Monitoring System Sales Value, (2019-2024) & (US$ Million) Table 54. Key Countries/Regions Oil Condition Monitoring System Sales Value, (2025-2030) & (US$ Million) Table 55. Key Countries/Regions Oil Condition Monitoring System Sales Volume, (2019-2024) & (Units) Table 56. Key Countries/Regions Oil Condition Monitoring System Sales Volume, (2025-2030) & (Units) Table 57. Bureau Veritas SA (France) Company Information Table 58. Bureau Veritas SA (France) Introduction and Business Overview Table 59. Bureau Veritas SA (France) Oil Condition Monitoring System Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2019-2024) Table 60. Bureau Veritas SA (France) Oil Condition Monitoring System Product Offerings Table 61. Bureau Veritas SA (France) Recent Development Table 62. Intertek Group plc (UK) Company Information Table 63. Intertek Group plc (UK) Introduction and Business Overview Table 64. Intertek Group plc (UK) Oil Condition Monitoring System Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2019-2024) Table 65. Intertek Group plc (UK) Oil Condition Monitoring System Product Offerings Table 66. Intertek Group plc (UK) Recent Development Table 67. Parker Hannifin Corporation (US) Company Information Table 68. Parker Hannifin Corporation (US) Introduction and Business Overview Table 69. Parker Hannifin Corporation (US) Oil Condition Monitoring System Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2019-2024) Table 70. Parker Hannifin Corporation (US) Oil Condition Monitoring System Product Offerings Table 71. Parker Hannifin Corporation (US) Recent Development Table 72. Castrol Limited (UK) Company Information Table 73. Castrol Limited (UK) Introduction and Business Overview Table 74. Castrol Limited (UK) Oil Condition Monitoring System Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2019-2024) Table 75. Castrol Limited (UK) Oil Condition Monitoring System Product Offerings Table 76. Castrol Limited (UK) Recent Development Table 77. General Electric Company (US) Company Information Table 78. General Electric Company (US) Introduction and Business Overview Table 79. General Electric Company (US) Oil Condition Monitoring System Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2019-2024) Table 80. General Electric Company (US) Oil Condition Monitoring System Product Offerings Table 81. General Electric Company (US) Recent Development Table 82. Test Oil (Insight Services, Inc.) (US) Company Information Table 83. Test Oil (Insight Services, Inc.) (US) Introduction and Business Overview Table 84. Test Oil (Insight Services, Inc.) (US) Oil Condition Monitoring System Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2019-2024) Table 85. Test Oil (Insight Services, Inc.) (US) Oil Condition Monitoring System Product Offerings Table 86. Test Oil (Insight Services, Inc.) (US) Recent Development Table 87. Spectro Analytical Instruments GmbH (Germany) Company Information Table 88. Spectro Analytical Instruments GmbH (Germany) Introduction and Business Overview Table 89. Spectro Analytical Instruments GmbH (Germany) Oil Condition Monitoring System Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2019-2024) Table 90. Spectro Analytical Instruments GmbH (Germany) Oil Condition Monitoring System Product Offerings Table 91. Spectro Analytical Instruments GmbH (Germany) Recent Development Table 92. Chevron (US) Company Information Table 93. Chevron (US) Introduction and Business Overview Table 94. Chevron (US) Oil Condition Monitoring System Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2019-2024) Table 95. Chevron (US) Oil Condition Monitoring System Product Offerings Table 96. Chevron (US) Recent Development Table 97. Shell (NL) Company Information Table 98. Shell (NL) Introduction and Business Overview Table 99. Shell (NL) Oil Condition Monitoring System Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2019-2024) Table 100. Shell (NL) Oil Condition Monitoring System Product Offerings Table 101. Shell (NL) Recent Development Table 102. Tribomar GmbH (DE) Company Information Table 103. Tribomar GmbH (DE) Introduction and Business Overview Table 104. Tribomar GmbH (DE) Oil Condition Monitoring System Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2019-2024) Table 105. Tribomar GmbH (DE) Oil Condition Monitoring System Product Offerings Table 106. Tribomar GmbH (DE) Recent Development Table 107. Avenisense S.A. (FR) Company Information Table 108. Avenisense S.A. (FR) Introduction and Business Overview Table 109. Avenisense S.A. (FR) Oil Condition Monitoring System Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2019-2024) Table 110. Avenisense S.A. (FR) Oil Condition Monitoring System Product Offerings Table 111. Avenisense S.A. (FR) Recent Development Table 112. Poseidon Systems, LLC (US) Company Information Table 113. Poseidon Systems, LLC (US) Introduction and Business Overview Table 114. Poseidon Systems, LLC (US) Oil Condition Monitoring System Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2019-2024) Table 115. Poseidon Systems, LLC (US) Oil Condition Monitoring System Product Offerings Table 116. Poseidon Systems, LLC (US) Recent Development Table 117. Micromem Applied Sensor Technologies Inc. (US) Company Information Table 118. Micromem Applied Sensor Technologies Inc. (US) Introduction and Business Overview Table 119. Micromem Applied Sensor Technologies Inc. (US) Oil Condition Monitoring System Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (2019-2024) Table 120. Micromem Applied Sensor Technologies Inc. (US) Oil Condition Monitoring System Product Offerings Table 121. Micromem Applied Sensor Technologies Inc. (US) Recent Development Table 122. Key Raw Materials Lists Table 123. Raw Materials Key Suppliers Lists Table 124. Oil Condition Monitoring System Downstream Customers Table 125. Oil Condition Monitoring System Distributors List Table 126. Research Programs/Design for This Report Table 127. Key Data Information from Secondary Sources Table 128. Key Data Information from Primary Sources List of Figures Figure 1. Oil Condition Monitoring System Product Picture Figure 2. Global Oil Condition Monitoring System Sales Value, 2019 VS 2023 VS 2030 (US$ Million) Figure 3. Global Oil Condition Monitoring System Sales Value (2019-2030) & (US$ Million) Figure 4. Global Oil Condition Monitoring System Sales Volume (2019-2030) & (Units) Figure 5. Global Oil Condition Monitoring System Sales Price (2019-2030) & (K USD/Unit) Figure 6. Oil Condition Monitoring System Report Years Considered Figure 7. Global Oil Condition Monitoring System Players Revenue Ranking (2023) & (US$ Million) Figure 8. Global Oil Condition Monitoring System Players Sales Volume Ranking (2023) & (Units) Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Oil Condition Monitoring System Revenue in 2023 Figure 10. Oil Condition Monitoring System Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023 Figure 11. On-site Picture Figure 12. Off-site Picture Figure 13. Global Oil Condition Monitoring System Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million) Figure 14. Global Oil Condition Monitoring System Sales Value Market Share by Type, 2023 & 2030 Figure 15. Global Oil Condition Monitoring System Sales Volume by Type (2019 VS 2023 VS 2030) & (Units) Figure 16. Global Oil Condition Monitoring System Sales Volume Market Share by Type, 2023 & 2030 Figure 17. Global Oil Condition Monitoring System Price by Type (2019-2030) & (K USD/Unit) Figure 18. Product Picture of Transportation Figure 19. Product Picture of Industrial Figure 20. Product Picture of Oil & Gas Figure 21. Product Picture of Energy & Power Figure 22. Product Picture of Mining Figure 23. Product Picture of Others Figure 24. Global Oil Condition Monitoring System Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million) Figure 25. Global Oil Condition Monitoring System Sales Value Market Share by Application, 2023 & 2030 Figure 26. Global Oil Condition Monitoring System Sales Volume by Application (2019 VS 2023 VS 2030) & (Units) Figure 27. Global Oil Condition Monitoring System Sales Volume Market Share by Application, 2023 & 2030 Figure 28. Global Oil Condition Monitoring System Price by Application (2019-2030) & (K USD/Unit) Figure 29. North America Oil Condition Monitoring System Sales Value (2019-2030) & (US$ Million) Figure 30. North America Oil Condition Monitoring System Sales Value by Country (%), 2023 VS 2030 Figure 31. Europe Oil Condition Monitoring System Sales Value (2019-2030) & (US$ Million) Figure 32. Europe Oil Condition Monitoring System Sales Value by Country (%), 2023 VS 2030 Figure 33. Asia Pacific Oil Condition Monitoring System Sales Value (2019-2030) & (US$ Million) Figure 34. Asia Pacific Oil Condition Monitoring System Sales Value by Country (%), 2023 VS 2030 Figure 35. South America Oil Condition Monitoring System Sales Value (2019-2030) & (US$ Million) Figure 36. South America Oil Condition Monitoring System Sales Value by Country (%), 2023 VS 2030 Figure 37. Middle East & Africa Oil Condition Monitoring System Sales Value (2019-2030) & (US$ Million) Figure 38. Middle East & Africa Oil Condition Monitoring System Sales Value by Country (%), 2023 VS 2030 Figure 39. Key Countries/Regions Oil Condition Monitoring System Sales Value (%), (2019-2030) Figure 40. Key Countries/Regions Oil Condition Monitoring System Sales Volume (%), (2019-2030) Figure 41. United States Oil Condition Monitoring System Sales Value, (2019-2030) & (US$ Million) Figure 42. United States Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030 Figure 43. United States Oil Condition Monitoring System Sales Value by Application (%), 2023 VS 2030 Figure 44. Europe Oil Condition Monitoring System Sales Value, (2019-2030) & (US$ Million) Figure 45. Europe Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030 Figure 46. Europe Oil Condition Monitoring System Sales Value by Application (%), 2023 VS 2030 Figure 47. China Oil Condition Monitoring System Sales Value, (2019-2030) & (US$ Million) Figure 48. China Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030 Figure 49. China Oil Condition Monitoring System Sales Value by Application (%), 2023 VS 2030 Figure 50. Japan Oil Condition Monitoring System Sales Value, (2019-2030) & (US$ Million) Figure 51. Japan Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030 Figure 52. Japan Oil Condition Monitoring System Sales Value by Application (%), 2023 VS 2030 Figure 53. South Korea Oil Condition Monitoring System Sales Value, (2019-2030) & (US$ Million) Figure 54. South Korea Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030 Figure 55. South Korea Oil Condition Monitoring System Sales Value by Application (%), 2023 VS 2030 Figure 56. Southeast Asia Oil Condition Monitoring System Sales Value, (2019-2030) & (US$ Million) Figure 57. Southeast Asia Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030 Figure 58. Southeast Asia Oil Condition Monitoring System Sales Value by Application (%), 2023 VS 2030 Figure 59. India Oil Condition Monitoring System Sales Value, (2019-2030) & (US$ Million) Figure 60. India Oil Condition Monitoring System Sales Value by Type (%), 2023 VS 2030 Figure 61. India Oil Condition Monitoring System Sales Value by Application (%), 2023 VS 2030 Figure 62. Oil Condition Monitoring System Industrial Chain Figure 63. Oil Condition Monitoring System Manufacturing Cost Structure Figure 64. Channels of Distribution (Direct Sales, and Distribution) Figure 65. Bottom-up and Top-down Approaches for This Report Figure 66. Data Triangulation Figure 67. Key Executives Interviewed
Oil analysis provides a detailed view of what is happening within machine components during operation. For decades, oil analysis has helped diagnose the internal conditions of oil-wetted components and their lubricants in virtually every industry that involves heavy duty machinery or stationary industrial equipment. Any company that operates equipment using oil, fuel or coolant can realize substantial returns from a minimal investment in this type of testing. While early oil analysis test methods were shockingly simple, present-day processes employ the most advanced analytical tools and technologies. Commercial oil analysis uses a combination of physical and chemical tests to monitor lubricant and component conditions – much like what we learn when testing blood samples from people. Oil condition monitoring (OCM) testing predictive maintenance programs help clients avoid costly machinery, engine and power-train failures. The global market for Oil Condition Monitoring System was estimated to be worth US$ 677 million in 2023 and is forecast to a readjusted size of US$ 855.6 million by 2030 with a CAGR of 3.3% during the forecast period 2024-2030
Global Oil Condition Monitoring key players include Bureau Veritas, SGS, Intertek Group, Shell, Chevron Corporation, etc. Global top five manufacturers hold a share about 70%. Europe is the largest market, with a share about 40%, followed by North America, with a share about 30 percent. In terms of product, Off-site is the largest segment, with a share about 75%. And in terms of application, the largest application is Oil & Gas, followed by Transportation, Industrial, Energy & Power, Mining, etc. Report Scope This report aims to provide a comprehensive presentation of the global market for Oil Condition Monitoring System, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Oil Condition Monitoring System by region & country, by Type, and by Application. The Oil Condition Monitoring System market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oil Condition Monitoring System. Market Segmentation
Chapter Outline Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 2: Detailed analysis of Oil Condition Monitoring System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 5: Sales, revenue of Oil Condition Monitoring System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world. Chapter 6: Sales, revenue of Oil Condition Monitoring System in country level. It provides sigmate data by Type, and by Application for each country/region. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 9: Conclusion.
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English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
Add to Cart
Buy Now