Conveyor Monitoring Market
PUBLISHED: 2019 ID: SMRC18347
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Conveyor Monitoring Market

Conveyor Monitoring-Global Market Outlook (2017-2026)

4.6 (69 reviews)
4.6 (69 reviews)
Published: 2019 ID: SMRC18347

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Conveyor Monitoring market accounted for $ 193.16 million in 2017 and is expected to reach $ 312.75 million by 2026 growing at a CAGR of 5.5% during the forecast period. Some of the key factors such rising focus of companies on reducing revenue loss due to faults in conveyor belts and motors and increasing adoption of analytical tools and techniques are boosting the market growth. However, the limited in-house skillset to manage solutions and analyze data  is the restraining factors for the market growth. Moreover, the rising demand for safety compliance automation solutions coupled with growing digitization in material handling industry and growth of industrial IOT will provide ample opportunities for the growth of the market.

The process in which the condition of the conveyor belt and conveyor motor is determined while it is in operation and the potential failure in advance is detected, thereby resulting in low maintenance, increased efficiency of conveyors and production in the industry is called as Conveyor Monitoring.

By Application, mining industry segment is likely to grow with highest CAGR during the forecast period due to the reasons like extraction of mineral, metal reserves and fabrication of metals which use conveyor monitoring solutions as they are essential in the mining industry. By geography, Asia Pacific is expected to observe significant growth in the forecast period, mainly due to the technological innovation and adoption of automation technologies in the mining and power generation industries.

Some of the key players in this market include Honeywell, Trolex, 4B, Fenner Dunlop, Bruel & Kjaer, Beltscan Systems, PHOENIX, Emerson, ContiTech, CBG, Yellotec, SKF, Pruftechnik Dieter Busch and Vayeron.

Types Covered:
• Conveyor Belt Monitoring
• Conveyor Motor Monitoring

Applications Covered:
• Oil and Gas
• Power Generation
• Mining Industry
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand     
o South Korea      
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
           
2 Preface          
 2.1 Abstract         
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology       
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions       
           
3 Market Trend Analysis     
   
 3.1 Introduction         
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats         
 3.6 Application Analysis       
 3.7 Emerging Markets        
 3.8 Futuristic Market Scenario       
           
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry        
           
5 Global Conveyor Monitoring Market, By Type       
 5.1 Introduction        
 5.2 Conveyor Belt Monitoring        
  5.2.1 Optical Sensors       
  5.2.2 X-Ray        
  5.2.3 Electromagnetic       
 5.3 Conveyor Motor Monitoring        
  5.3.1 Offering        
   5.3.1.1 Software       
    5.3.1.1.1 Data Integration     
    5.3.1.1.2 Parameter Calculation    
    5.3.1.1.3 Order Tracking     
    5.3.1.1.4 Diagnostic Reporting    
   5.3.1.2 Hardware      
    5.3.1.2.1 Tachometers     
    5.3.1.2.2 Vibration Sensors and Analyzers   
    5.3.1.2.3 Proximity Probes     
    5.3.1.2.4 Accelerometers     
    5.3.1.2.5 Spectrum Analyzers     
     5.3.1.2.5.1 Real-Time Spectrum Analyzers  
     5.3.1.2.5.2 Swept Spectrum Analyzers   
    5.3.1.2.6 Infrared Sensors     
     5.3.1.2.6.1 Quantum Infrared Sensors   
     5.3.1.2.6.2 Thermal Infrared Sensors   
    5.3.1.2.7 Ultrasound Detectors    
     5.2.2.1.7.1 Ultrasound Leak Detectors   
     5.2.2.1.7.2 Stethoscopes    
     5.2.2.1.7.3 Sound Pressure Meters   
    5.3.1.2.8 Corrosion Probes     
    5.3.1.2.9 Spectrometers     
     5.3.1.2.9.1 Atomic Spectrometers   
     5.3.1.2.9.2 Ultraviolet Spectrometers   
     5.3.1.2.9.3 Mass Spectrometers   
     5.3.1.2.9.4 Infrared Spectrometers   
    5.3.1.2.10 Other Hardwares     
   5.3.1.3 Deployment Type      
    5.3.1.3.1 On-Premises     
    5.3.1.3.2 Cloud      
  5.3.2 Technology       
   5.3.2.1 Corrosion Monitoring     
   5.3.2.2 Vibration Monitoring     
   5.3.2.3 Motor Current Analysis     
   5.3.2.4 ltrasound Emission Monitoring    
           
6 Global Conveyor Monitoring Market, By Application     
 6.1 Introduction        
 6.2 Oil and Gas         
 6.3 Power Generation         
 6.4 Mining Industry         
 6.5 Other Applications         
           
7 Global Conveyor Monitoring Market, By Geography     
 7.1 Introduction        
 7.2 North America        
  7.2.1 US        
  7.2.2 Canada        
  7.2.3 Mexico        
 7.3 Europe         
  7.3.1 Germany        
  7.3.2 UK         
  7.3.3 Italy        
  7.3.4 France        
  7.3.5 Spain        
  7.3.6 Rest of Europe       
 7.4 Asia Pacific        
  7.4.1 Japan        
  7.4.2 China        
  7.4.3 India        
  7.4.4 Australia        
  7.4.5 New Zealand        
  7.4.6 South Korea       
  7.4.7 Rest of Asia Pacific       
 7.5 South America        
  7.5.1 Argentina       
  7.5.2 Brazil        
  7.5.3 Chile        
  7.5.4 Rest of South America      
 7.6 Middle East & Africa       
  7.6.1 Saudi Arabia       
  7.6.2 UAE        
  7.6.3 Qatar        
  7.6.4 South Africa       
  7.6.5 Rest of Middle East & Africa      
           
8 Key Developments         
 8.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 8.2 Acquisitions & Mergers       
 8.3 New Product Launch       
 8.4 Expansions        
 8.5 Other Key Strategies       
           
9 Company Profiling         
 9.1 Honeywell        
 9.2 Trolex         
 9.3 4B         
 9.4 Fenner Dunlop        
 9.5 Bruel & Kjaer        
 9.6 Beltscan Systems        
 9.7 PHOENIX         
 9.8 Emerson         
 9.9 ContiTech        
 9.10 CBG         
 9.11 Yellotec         
 9.12 SKF         
 9.13 Pruftechnik Dieter Busch       
 9.14 Vayeron          


List of Tables          
1 Global Conveyor Monitoring Market Outlook, By Region (2016-2026) (US $MN)    
2 Global Conveyor Monitoring Market Outlook, By Type (2016-2026) (US $MN)   
3 Global Conveyor Monitoring Market Outlook, By Conveyor Belt Monitoring (2016-2026) (US $MN) 
4 Global Conveyor Monitoring Market Outlook, By Optical Sensors (2016-2026) (US $MN)  
5 Global Conveyor Monitoring Market Outlook, By X-Ray (2016-2026) (US $MN)   
6 Global Conveyor Monitoring Market Outlook, By Electromagnetic (2016-2026) (US $MN)  
7 Global Conveyor Monitoring Market Outlook, By Conveyor Motor Monitoring (2016-2026) (US $MN) 
8 Global Conveyor Monitoring Market Outlook, By Offering (2016-2026) (US $MN)   
9 Global Conveyor Monitoring Market Outlook, By Software (2016-2026) (US $MN)   
10 Global Conveyor Monitoring Market Outlook, By Data Integration (2016-2026) (US $MN)  
11 Global Conveyor Monitoring Market Outlook, By Parameter Calculation (2016-2026) (US $MN)  
12 Global Conveyor Monitoring Market Outlook, By Order Tracking (2016-2026) (US $MN)  
13 Global Conveyor Monitoring Market Outlook, By Diagnostic Reporting (2016-2026) (US $MN)  
14 Global Conveyor Monitoring Market Outlook, By Hardware (2016-2026) (US $MN)   
15 Global Conveyor Monitoring Market Outlook, By Tachometers (2016-2026) (US $MN)  
16 Global Conveyor Monitoring Market Outlook, By Vibration Sensors and Analyzers (2016-2026) (US $MN) 
17 Global Conveyor Monitoring Market Outlook, By Proximity Probes (2016-2026) (US $MN)  
18 Global Conveyor Monitoring Market Outlook, By Accelerometers (2016-2026) (US $MN)  
19 Global Conveyor Monitoring Market Outlook, By Spectrum Analyzers (2016-2026) (US $MN)  
20 Global Conveyor Monitoring Market Outlook, By Real-Time Spectrum Analyzers (2016-2026) (US $MN) 
21 Global Conveyor Monitoring Market Outlook, By Swept Spectrum Analyzers (2016-2026) (US $MN) 
22 Global Conveyor Monitoring Market Outlook, By Infrared Sensors (2016-2026) (US $MN)  
23 Global Conveyor Monitoring Market Outlook, By Quantum Infrared Sensors (2016-2026) (US $MN) 
24 Global Conveyor Monitoring Market Outlook, By Thermal Infrared Sensors (2016-2026) (US $MN) 
25 Global Conveyor Monitoring Market Outlook, By Ultrasound Detectors (2016-2026) (US $MN)  
26 Global Conveyor Monitoring Market Outlook, By Ultrasound Leak Detectors (2016-2026) (US $MN) 
27 Global Conveyor Monitoring Market Outlook, By Stethoscopes (2016-2026) (US $MN)  
28 Global Conveyor Monitoring Market Outlook, By Sound Pressure Meters (2016-2026) (US $MN) 
29 Global Conveyor Monitoring Market Outlook, By Corrosion Probes (2016-2026) (US $MN)  
30 Global Conveyor Monitoring Market Outlook, By Spectrometers (2016-2026) (US $MN)  
31 Global Conveyor Monitoring Market Outlook, By Atomic Spectrometers (2016-2026) (US $MN) 
32 Global Conveyor Monitoring Market Outlook, By Ultraviolet Spectrometers (2016-2026) (US $MN) 
33 Global Conveyor Monitoring Market Outlook, By Mass Spectrometers (2016-2026) (US $MN)  
34 Global Conveyor Monitoring Market Outlook, By Infrared Spectrometers (2016-2026) (US $MN) 
35 Global Conveyor Monitoring Market Outlook, By Other Hardwares (2016-2026) (US $MN)  
36 Global Conveyor Monitoring Market Outlook, By Deployment Type (2016-2026) (US $MN)  
37 Global Conveyor Monitoring Market Outlook, By On-Premises (2016-2026) (US $MN)  
38 Global Conveyor Monitoring Market Outlook, By Cloud (2016-2026) (US $MN)   
39 Global Conveyor Monitoring Market Outlook, By Technology (2016-2026) (US $MN)   
40 Global Conveyor Monitoring Market Outlook, By Corrosion Monitoring (2016-2026) (US $MN)  
41 Global Conveyor Monitoring Market Outlook, By Vibration Monitoring (2016-2026) (US $MN)  
42 Global Conveyor Monitoring Market Outlook, By Motor Current Analysis (2016-2026) (US $MN) 
43 Global Conveyor Monitoring Market Outlook, By ltrasound Emission Monitoring (2016-2026) (US $MN) 
44 Global Conveyor Monitoring Market Outlook, By Application (2016-2026) (US $MN)   
45 Global Conveyor Monitoring Market Outlook, By Oil and Gas (2016-2026) (US $MN)   
46 Global Conveyor Monitoring Market Outlook, By Power Generation (2016-2026) (US $MN)  
48 Global Conveyor Monitoring Market Outlook, By Mining Industry (2016-2026) (US $MN)  
49 Global Conveyor Monitoring Market Outlook, By Other Applications (2016-2026) (US $MN)  
           
NOTE: Tables for North America, Europe, Asia Pacific, Middle East & Africa,South America are represented in the same manner above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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