SPM Instrument

What SPM Instrument does

SPM Instrument is a Sweden-based, privately held industrial condition monitoring company founded in 1974 and headquartered in Strängnäs, operating under SPM International AB. The company designs, manufactures, and supports hardware, software, and services that measure vibration and shock pulse signatures on rotating machinery — primarily rolling element bearings, pumps, fans, gearboxes, and refiners — to enable predictive maintenance and process optimization for industrial operators. Its end markets span mining, pulp and paper, iron and steel, oil and gas, power generation, chemical, cement, marine and offshore, food and beverage, automotive, water processing, wood processing, and facilities management, served across approximately sixty markets through twelve wholly-owned subsidiaries and a global distributor network.

The technical foundation is the company's patented HD Technologies portfolio — SPM HD (High-Definition Shock Pulse Method) and HD ENV (High-Definition Vibration Enveloping) — combined with proprietary signal processing algorithms including EVAM (Evaluated Vibration Analysis Method) for automated fault symptom classification. The product portfolio comprises portable instruments (Leonova Diamond, Leonova Emerald, plus Ex-certified variants), online and continuous monitoring systems (the Intellinova family — Parallel EN, Parallel MB, Compact, Standard — plus MG-4 and CMM System), sensors and transducers (Airius wireless sensors, DuoTech accelerometers, vibration and shock pulse transducers), software (Condmaster Ruby for analysis, Condmaster.NET for browser access, LineLazer alignment app), and machine alignment tools. ATEX and IECEx certifications extend applicability into hazardous-area environments (oil and gas, petrochemical, offshore, marine). Data from Airius wireless sensors feeds into SPM Cloud, hosted on Microsoft Azure.

The business operates three revenue streams: hardware product sales (instruments, online systems, sensors, alignment equipment), software licenses and subscriptions (Condmaster bundled with hardware, Airius cloud-based services), and professional services for installation, commissioning, and long-term customer support. Distribution is a hybrid model combining direct enterprise sales through wholly-owned subsidiaries in Europe, North America, and Asia with a global distributor network. Pricing is quote-based; portable instruments are offered in pre-configured Basic, Advanced, and Expert packages with perpetual licenses and multi-year contracts. The company employs over 200 professionals, has operated for fifty years, and reports no institutional external investors or public-market listing.

Name

SPM Instrument

Legal name

SPM Instrument AB

Website

https://spminstrument.com

Company type

Private

Founded year

1974

Operating status

Operating

Short description

SPM Instrument is a Sweden-based, privately held industrial condition monitoring company that designs patented vibration and shock pulse monitoring hardware, software, and services for predictive maintenance on rotating machinery in heavy industries across roughly sixty markets.

Ownership category

akta.pro rank

Product category

Industrial Condition Monitoring

NAICS

Other Measuring and Controlling Device Manufacturing (334519), Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)

SIC

Measuring & Controlling Devices, Nec (3829), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Rotating Equipment Inspection & Vibration Diagnostics (Turbines, Compressors, Pumps) (EUAEAHAJ)

akta.pro secondary industry

Controls, Monitoring & Condition Management (for Pumps/Compressors) (IMAHANAI)

Keywords

• Condition monitoring solutions
• Vibration analysis instruments
• Predictive maintenance equipment
• Online monitoring systems
• Machine alignment tools

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Hardware Products: Sale of condition monitoring hardware including online monitoring systems (Intellinova family), portable instruments (Leonova), sensors, transducers, and machine alignment equipment.
2. Software Licenses and Subscriptions: Software products including Condmaster Ruby (analysis and diagnostics), Condmaster.NET (web access), and LineLazer alignment app. Condmaster Ruby licenses include Condmaster.NET software. Cloud-based services available for Airius sensors.
3. Service and Support: Long-term customer support, installation, commissioning, and technical support services provided through global subsidiaries and distributor network.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

SPM Instrument designs, manufactures, and sells patented industrial condition monitoring hardware and software including portable instruments (Leonova), online monitoring systems (Intellinova), sensors and transducers (Airius, DuoTech, vibration/shock pulse devices), and dedicated analysis software (Condmaster Ruby, Condmaster.NET, LineLazer). Offerings are targeted at predictive maintenance and machine reliability for rotating and reciprocating industrial equipment, with Ex-certified variants available for hazardous environments. Long-term installation, commissioning, training, and support are provided through a global subsidiary and distributor network covering approximately sixty markets.

Product overview

SPM Instrument provides a comprehensive portfolio of industrial condition monitoring solutions comprising portable instruments (Leonova Diamond, Leonova Emerald, and their Ex-certified variants), online/continuous monitoring systems (Intellinova family including Parallel EN, Parallel MB, Compact, Standard, plus MG-4 and CMM System), sensors and transducers (Airius wireless sensors, DuoTech accelerometers, vibration transducers, shock pulse transducers), software (Condmaster Ruby, Condmaster.NET, LineLazer app), machine alignment tools (LineLazer sensors, shims), and Ex-certified products for hazardous environments. The ecosystem is unified through proprietary HD Technologies (HD ENV, SPM HD) for early fault detection and cloud connectivity via SPM Cloud (Microsoft Azure). The portfolio supports industries including pulp and paper, mining, steel, manufacturing, oil and gas, chemical, power production, and food and beverage.

Differentiator

Problem solved

Functional benefit

Brands

• Condmaster Ruby: Analysis and diagnostic software for condition monitoring data evaluation and assessment
• Condmaster.NET
• Intellinova
• Leonova Diamond
• Leonova Emerald
• Airius
• DuoTech
• LineLazer
• HD ENV
• SPM HD

Products and services

• Leonova Diamond Advanced portable data analyzer for high-efficiency measuring routes in rough industrial environments, offering three-channel vibration measurement and patented HD Technologies for early detection of gear and bearing faults.
• Leonova Emerald Handheld data collector and frontline tool for maintenance engineers and technicians, providing sophisticated technologies for routine measurements and troubleshooting in industrial environments.
• Leonova Diamond IS Most advanced ATEX/IECEx-certified portable instrument on the market, offering three-channel vibration measurement (DC to 40 kHz), HD Order Tracking, and SPM HD technique for condition monitoring in zones 0-2.
• Leonova Emerald IS ATEX/IECEx-certified portable instrument for condition monitoring in zones 0-2, offering SPM HD technique and sophisticated vibration measurement for rolling element bearing diagnosis in 1-20,000 rpm range.
• Intellinova Parallel EN High-performance online system for continuous condition monitoring of industrial equipment with high availability demands, utilizing patented HD Technologies for low-speed applications from below 0.1 RPM.
• Intellinova Parallel MB Small, robust condition monitoring unit for parallel measurement on four channels, providing instant condition evaluation through advanced vibration analysis and shock pulse monitoring using patented HD Technologies, with Modbus RTU integration into industrial automation systems.
• Intellinova Compact High-performance system for remote monitoring and industrial environments with groups of measuring points at different plant locations, offering SPM HD and HD ENV techniques for bearing condition and lubrication monitoring.
• Intellinova Standard Online condition monitoring system combining proven methods and modern technology to ensure highest possible uptime of critical assets, appropriate for most standard and high-demand applications.
• Intellinova Compact Ex High-performance online condition monitoring system for safe remote monitoring of measuring points in hazardous areas, ATEX/IECEx-certified for installation in Ex gas Zone 2 or Ex dust Zone 22.
• Intellinova Parallel EN Ex Advanced online system for continuous monitoring of machine condition in potentially explosive environments, ATEX/IECEx certified for oil and gas, offshore, and petrochemical industries.
• MG-4 Continuous Monitoring Unit Low-cost continuous monitoring unit for automatic surveillance of individual machines, providing shock pulse monitoring for bearing lubrication and maintenance alerts for vibration severity.
• CMM System Continuous monitoring system consisting of transducers, converters, and combined display and control modules, measuring shock pulse levels, vibration severity, and temperature with 4-20 mA analog output signals.
• Airius Wireless Vibration Sensors Wireless sensor for remote condition monitoring of standard production equipment, performing time-based vibration and temperature measurements with triaxial MEMS technology and Wi-Fi/LTE-M connectivity via SPM Cloud on Microsoft Azure.
• DuoTech Accelerometers Piezo-electric accelerometer combining patented HD Technologies, providing maximum flexibility for both lubrication and bearing monitoring as well as detection of vibration-related problems.
• Vibration Transducers Piezo-electric accelerometers of compression type, individually tuned with enhanced electronics and improved ambient characteristics for excellent performance in a wide range of applications.
• Vibration Transmitters Transmitters providing 4-20 mA output signal proportional to vibration velocity, for integration with common process control systems such as PLC, DCS, and SCADA.
• Shock Pulse Transducers (40,000 / 42,000 / 44,000 series) Transducers designed specifically for bearing monitoring, with acid-proof stainless steel housing suitable for aggressive environments and available in different series for various cable length requirements.
• Condmaster Ruby Powerful analysis and diagnostic software containing expert knowledge for evaluating and assessing machine condition, serving as the core of SPM Instrument's condition monitoring solutions.
• Condmaster.NET Web application and downloadable app for iOS and Android providing access to Condmaster Ruby data via web browsers, with cloud-based service for Airius wireless sensors hosted via SPM Cloud (Microsoft Azure).
• LineLazer Alignment App Mobile app for precision shaft alignment, guiding users through the alignment process with intuitive 3D graphical interface, available for Windows, iOS, and Android with free download.
• LineLazer Alignment Sensors Precision shaft alignment solution with dual-laser system for quick and reliable alignment of horizontal, vertical, or flange-mounted machinery, communicating via Bluetooth with Leonova Diamond or the LineLazer app.
• Stainless Steel Shims Solid, high-quality stainless steel shims for accurate machine alignment, available in six dimensions and ten different thicknesses to fit ISO standard electric motor feet.

Quantifiable outcome

• Ultra-long forewarning times enabling planned maintenance and repairs
• +2 more outcomes

Named customers5 records

Segments13 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability3 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and regional.

• SPM Marine & OffshorecoreStrategic or Co-development PartnerSPM Marine & Offshore is a subsidiary focused specifically on maritime and offshore industry condition monitoring solutions, operating worldwide as part of SPM International group.
• SPM North AmericacoreStrategic or Co-development PartnerRegional subsidiary covering North American markets with direct sales and support operations.
• SPM AcademycoreStrategic or Co-development PartnerEducational and training arm of SPM Group providing training and certification for condition monitoring professionals.
• SPM Instrument India Pvt. Ltd.regionalStrategic or Co-development PartnerSubsidiary covering Indian subcontinent markets for sales, marketing, and support operations.
• SPM Instrument (Asia) Pte LtdregionalStrategic or Co-development PartnerSubsidiary covering Singapore and broader Asian markets for sales, marketing, and support operations.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• HBK (Hottinger Brüel & Kjær): HBK is the global leader in vibration and acoustic measurement, offering accelerometers, signal analyzers, and condition-monitoring systems that directly compete with SPM's Leonova instruments, Intellinova online systems, and DuoTech accelerometers across the same industrial customer base.
• SKF (Condition Monitoring): SKF's Condition Monitoring business offers portable instruments, wireless sensors, and online systems (e.g., Multilog IMx, QuickCollect) that overlap directly with SPM's Leonova, Airius, and Intellinova product lines, particularly in bearing and rotating-equipment monitoring.
• Bently Nevada (Baker Hughes): Bently Nevada is a long-established leader in rotating-equipment condition monitoring and protection systems for oil & gas, power, and process industries, competing head-to-head with SPM's Intellinova family in continuous monitoring of turbines, compressors, and pumps.
• IFM Electronic: IFM offers vibration sensors, diagnostic transmitters, and condition-monitoring solutions for industrial automation customers, with overlapping use cases in pump, fan, and motor monitoring that directly compete with SPM's vibration transducers and transmitters.
• Meggitt (Parker Hannifin): Parker Meggitt offers vibration monitoring systems for aerospace, energy, and industrial rotating machinery, overlapping with SPM's continuous monitoring offerings in high-value rotating-equipment applications including oil & gas and power generation.
• PRUFTECHNIK (Flir Systems / Teledyne): PRUFTECHNIK is a specialist in shaft alignment, vibration analysis, and condition monitoring for rotating machinery, directly competing with SPM's LineLazer alignment tools and Leonova portable instruments in industrial maintenance applications.

Broad incumbents

• Emerson AMS (Asset Management Solutions): Emerson's AMS portfolio (including the former CSI heritage) provides vibration analytics, online monitoring, and wireless condition-monitoring transmitters that overlap with SPM's offerings, though Emerson sells them as part of a broader plant-wide automation and reliability platform.
• Fluke Corporation: Fluke (a Fortive brand) supplies portable vibration testers and condition-monitoring tools widely used by maintenance technicians, providing indirect competition to SPM's Leonova portable instruments through broader test-and-measurement distribution channels.

Emerging players

• National Instruments (NI, now Emerson): NI provides high-performance data acquisition and vibration measurement platforms used in predictive maintenance test beds, intersecting with SPM's Condmaster analysis software stack for advanced condition-monitoring and research applications.

Others

• Analog Devices (ADI): ADI supplies MEMS accelerometers, signal-conditioning ICs, and vibration-sensing modules that serve as enabling components for industrial condition-monitoring systems, including those used by SPM and its competitors.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/SPMInstrument
• Facebookfacebook.com/spminstrument
• LinkedInlinkedin.com/company/spm-instrument

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SPM Instrument