Oil Condition Monitoring (OCM) Market Size, Forecast-2032

The Global Oil Condition Monitoring (OCM) Market Size is expected to reach USD 2,178 Million by 2032, at a CAGR of 7.7% during the forecast period 2022 to 2032.Oil Condition Monitoring (OCM) or Used Oil Analysis (UOA) is an essential component of any predictive maintenance system. OCM entails measuring, tracking, and analyzing variations in lubricant and fuel oil for contamination and chemical composition, as well as observing oil quality decline from new through the end of its lifespan.