Machine condition monitoring is the process of monitoring the condition of a machine to predict mechanical wear and failure for the machine. The report considers machine condition monitoring systems used in or for plant equipment and machinery in a plant, plant facility, or field. The key vendors in the report are considered based on product offerings, latest development, new contracts, revenue, brand value, and industry offering. The end-user market segment includes power, cement and metal, oil and gas, chemical and petrochemical, pulp and paper, automotive, and other industries.