Market Overview:
The global oil particle monitor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for oil particle monitors from various end-use industries, such as automotive, aerospace & defense, and power generation. In addition, the growing awareness about the benefits of using oil particle monitors is also contributing to the growth of this market. The global oil particle monitor market can be segmented on the basis of type into fluid condition monitors, quantitative debris monitoring systems, metal particle detectors, and others. The fluid condition monitors segment is expected to account for a major share of the global oil particle monitor market in 2018 owing to their ability to detect even small particles in fluids. The quantitative debris monitoring systems segment is projected to grow at a higher CAGR during the forecast period due from its ability detect large particles present in fluids. On basis application ,the Global Oil Particle Monitor Market has been segregated into motor oils hydraulic oils coolants among others . Among these applications ,motor oils are anticipated witness highest adoption rate over other applications throughout Forecast Period .This owes primarily increase industrialization automotive sector across globe .
Product Definition:
An oil particle monitor is a device used to measure the size and concentration of particles in oil. This information can be used to help optimize the performance of an oil-based system by identifying areas where the particles are most concentrated.
Fluid Condition Monitor:
Fluid condition monitor is a device used to measure the viscosity of fluids. It's major applications are in paints & coatings, mining, pharmaceuticals and food among others. In oil particle monitors market it is used for measuring suspended solids concentration in water or other solutions.
Quantitative Debris Monitoring:
Quantitative Debris Monitoring (QDM) is the process of measuring the quantity of solid waste generated from various sources such as municipal, industrial and healthcare facilities. QDM data is used to evaluate the effectiveness of waste management systems in a particular area. The oil particle monitor market has been witnessing significant growth over the past few years on account of increasing demand for monitoring techniques that aid in effective decision making related to oil spill clean-up activities.
Application Insights:
The motor oil segment accounted for the largest share in 2015 and is projected to witness significant growth over the forecast period. The growing demand for automotive oil owing to rising disposable income levels coupled with increasing vehicle production is expected to drive the product demand in this application segment.
Hydraulic oils are used in a variety of industries including construction, mining, marine and landbased transportation among others. These oils contain particulate matter which can cause damage if not monitored correctly leading to increased maintenance costs as well as reduce engine life span resulting in higher operating costs over time. Thus hydraulic oils require OPMs that can provide accurate indications of contamination so that corrective measures may be taken before any major damage is caused thereby ensuring longer engine life span along with lower maintenance cost and reduced fuel consumption rate per unit distance travelled.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major oil & gas producing countries such as China, India, and Japan are anticipated to drive regional growth. In addition, increasing offshore activities in this region owing to various factors including lack of land space is driving the demand for O&M products.
The Middle East & Africa (MEA) region accounted for a significant share due to rising government investments in offshore projects along with growing energy demand from emerging economies such as South Africa and Nigeria. MEA also has large unexplored reserves that are attracting international oil companies (IOCs). These factors are expected to boost product penetration over the next eight years.
Growth Factors:
- Increasing demand for oil particle monitors from the automotive and transportation sector as a result of stringent emission norms
- Rising demand for oil particle monitors from the power generation sector to meet the requirements of new and upcoming power plants
- Growing popularity of oil particle monitors in Asia Pacific due to increasing industrialization and growing awareness about air quality issues
- Proliferation of nanotechnology-based oil particle monitors that offer superior performance over traditional models
- Development of wireless-enabled oil particle monitors that allow real-time monitoring and tracking
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil Particle Monitor Market Research Report
By Type
Fluid Condition Monitor, Quantitative Debris Monitoring, Metal Particle Detector, Others
By Application
Motor Oil, Hydraulic Oil, Coolant, Others
By Companies
Ifm Electronic, Tan Delta Systems Limited, RMF Systems, Parker Kittiwake, Eaton Corporation, Poseidon Systems, Intertek, PRUFTECHNIK
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Oil Particle Monitor Market Report Segments:
The global Oil Particle Monitor market is segmented on the basis of:
Types
Fluid Condition Monitor, Quantitative Debris Monitoring, Metal Particle Detector, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Motor Oil, Hydraulic Oil, Coolant, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ifm Electronic
- Tan Delta Systems Limited
- RMF Systems
- Parker Kittiwake
- Eaton Corporation
- Poseidon Systems
- Intertek
- PRUFTECHNIK
Highlights of The Oil Particle Monitor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fluid Condition Monitor
- Quantitative Debris Monitoring
- Metal Particle Detector
- Others
- By Application:
- Motor Oil
- Hydraulic Oil
- Coolant
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil Particle Monitor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oil particle monitors are used to measure the number and size of oil particles in a given air or water sample. This information can be used to help determine the health of an environment or equipment that is exposed to oil fumes.
Some of the major players in the oil particle monitor market are Ifm Electronic, Tan Delta Systems Limited, RMF Systems, Parker Kittiwake, Eaton Corporation, Poseidon Systems, Intertek, PRUFTECHNIK.
The oil particle monitor market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil Particle Monitor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Oil Particle Monitor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oil Particle Monitor Market - Supply Chain
4.5. Global Oil Particle Monitor Market Forecast
4.5.1. Oil Particle Monitor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oil Particle Monitor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oil Particle Monitor Market Absolute $ Opportunity
5. Global Oil Particle Monitor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Oil Particle Monitor Market Size and Volume Forecast by Type
5.3.1. Fluid Condition Monitor
5.3.2. Quantitative Debris Monitoring
5.3.3. Metal Particle Detector
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oil Particle Monitor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Oil Particle Monitor Market Size and Volume Forecast by Application
6.3.1. Motor Oil
6.3.2. Hydraulic Oil
6.3.3. Coolant
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oil Particle Monitor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Oil Particle Monitor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Oil Particle Monitor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Oil Particle Monitor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Oil Particle Monitor Demand Share Forecast, 2019-2026
9. North America Oil Particle Monitor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Oil Particle Monitor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Oil Particle Monitor Market Size and Volume Forecast by Application
9.4.1. Motor Oil
9.4.2. Hydraulic Oil
9.4.3. Coolant
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oil Particle Monitor Market Size and Volume Forecast by Type
9.7.1. Fluid Condition Monitor
9.7.2. Quantitative Debris Monitoring
9.7.3. Metal Particle Detector
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Oil Particle Monitor Demand Share Forecast, 2019-2026
10. Latin America Oil Particle Monitor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Oil Particle Monitor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Oil Particle Monitor Market Size and Volume Forecast by Application
10.4.1. Motor Oil
10.4.2. Hydraulic Oil
10.4.3. Coolant
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oil Particle Monitor Market Size and Volume Forecast by Type
10.7.1. Fluid Condition Monitor
10.7.2. Quantitative Debris Monitoring
10.7.3. Metal Particle Detector
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Oil Particle Monitor Demand Share Forecast, 2019-2026
11. Europe Oil Particle Monitor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Oil Particle Monitor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Oil Particle Monitor Market Size and Volume Forecast by Application
11.4.1. Motor Oil
11.4.2. Hydraulic Oil
11.4.3. Coolant
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oil Particle Monitor Market Size and Volume Forecast by Type
11.7.1. Fluid Condition Monitor
11.7.2. Quantitative Debris Monitoring
11.7.3. Metal Particle Detector
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Oil Particle Monitor Demand Share, 2019-2026
12. Asia Pacific Oil Particle Monitor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Oil Particle Monitor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Oil Particle Monitor Market Size and Volume Forecast by Application
12.4.1. Motor Oil
12.4.2. Hydraulic Oil
12.4.3. Coolant
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oil Particle Monitor Market Size and Volume Forecast by Type
12.7.1. Fluid Condition Monitor
12.7.2. Quantitative Debris Monitoring
12.7.3. Metal Particle Detector
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Oil Particle Monitor Demand Share, 2019-2026
13. Middle East & Africa Oil Particle Monitor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Oil Particle Monitor Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Oil Particle Monitor Market Size and Volume Forecast by Application
13.4.1. Motor Oil
13.4.2. Hydraulic Oil
13.4.3. Coolant
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oil Particle Monitor Market Size and Volume Forecast by Type
13.7.1. Fluid Condition Monitor
13.7.2. Quantitative Debris Monitoring
13.7.3. Metal Particle Detector
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Oil Particle Monitor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oil Particle Monitor Market: Market Share Analysis
14.2. Oil Particle Monitor Distributors and Customers
14.3. Oil Particle Monitor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ifm Electronic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tan Delta Systems Limited
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. RMF Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Parker Kittiwake
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eaton Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Poseidon Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Intertek
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. PRUFTECHNIK
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook