Motor Monitoring Market
Market Insights on Motor Monitoring covering sales outlook, demand forecast & up-to-date key trends
Motor Monitoring Market By (On-premise and Cloud), Monitoring Process (Online and Offline/Portable), Offering (Hardware, Software, and Services), End User (Automotive, Oil & Gas, Metals & Mining, Power Generation, Water & Wastewater Treatment, Food & Beverages, Chemicals, and Others), & Region - Forecast to 2022-2032
Motor Monitoring Market Outlook 2022 - 2032
The motor monitoring market size is projected to grow at a rate of 8% CAGR during the forecast period to surpass a valuation of US$ 2.9 Bn by 2026, from US$ 2 Bn in 2021.
“Prioritizing focus towards the motor monitoring system specification of aerospace and automotive industry will sustain lucrative opportunities.”
Key motor monitoring market trends include the high popularity of predictive maintenance, which underpins healthy sales prospect. Market is also likely to benefit from the increasing focus on energy auditing as well as regulations at a global level.
Attributes |
Details |
Motor Monitoring Market CAGR (2022 – 2032) |
8% |
Motor Monitoring Market (2026) |
US$ 2.9 Bn |
Motor Monitoring Market Attraction |
Mandatory implementation of energy audit in developed regions to offer opportunities |
How is the COVID-19 Impact on Motor Monitoring Market?
As the coronavirus pandemic has affected the marketing and supply chains globally, it has also affected the global motor monitoring market. Frequent lockdowns and curfews have led the manufacturing units to shut down in many industrial states.
The global effect of COVID-19 on motor monitoring market is significant and could be seen in the annual growth rates. The logistics and transportation were also banned, owing to the travel restrictions. As a result, the supply chain was disrupted, leading to mismatched demand and supply ratio. However, with the availability of vaccines and strong advocacy of governments on vaccination drives, leading to the return of normalcy could stabilize the market performance in the coming years.
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Which Factors Govern the Growth of the Motor Monitoring Market Dynamics?
“Motor monitoring has become more accurate and economical as the cost of sub-meters and sensors has decreased, and big data technology has advanced.”
Predictive maintenance has various advantages for industry, including minimizing the amount of time spent on asset maintenance, reducing downtime, and maximizing the life of current assets to lower the cost of substitute components.
Factors driving the market demand for motor monitoring devices include:
- Increased demand for energy audits.
- Increased use of motor monitoring in automotive and transportation.
- Increased need for thermal imaging applications.
What Factors Hamper the Motor Monitoring Market Growth?
“The scarcity of skilled professionals at reasonable prices and limited technical knowledge are expected to be the primary factors limiting the market growth.”
The increased use of predictive maintenance and other monitoring technologies prompts businesses to hire a data analysis staff. To obtain accurate information on the health of motors, this team should be well-versed in motors and their operation in a specific machine.
As a result, the indirect cost to businesses will rise. Furthermore, motor manufacturing businesses do not readily give monitoring solutions; hence, industries must seek out other organizations that specialize in providing monitoring solutions to obtain accurate monitoring solutions.
Apart from investments in motor installation, this can occasionally add to the overall cost structure. Different skill sets are required to monitor the data points generated by motor monitoring, which necessitates staff training and the establishment of a standard procedure for motor monitoring.
Which Opportunities are Available in the Motor Monitoring Market?
An energy audit is a government-mandated standard that governs the energy audit of various electrical devices. It offers comprehensive and systematic approaches for energy cost optimization, safety considerations, and enhancing industrial system operating and maintenance standards.
Because motors account for about 70% of energy usage in any industrial setting, motor monitoring devices might result in significant power savings and assist enterprises in complying with energy audits.
This form of implementation is required in North America, Europe, and Asia. Energy audits are required in various Asian nations, including China and India. Few nations in the Middle East and Africa, such as Tunisia and Algeria, require motor monitoring systems for energy audits due to excessive electricity use across the board.
The Energy Efficiency Directive in Europe requires major businesses to do energy audits every four years. Penalties are imposed if these responsibilities are not met. Hence, the adoption of motor monitoring systems becomes necessary, opening wide opportunities for market players in these regions.
What Threats are emerging in the Motor Monitoring Market?
This software, services, and equipment are expensive, and they require specific skill sets to operate. As a result, operators must devote more resources to motor monitoring sensors that control process training and maintenance. The motor monitoring market size determines the cost and the extent to which control services are deployed.
While major enterprises may recover these expenses relatively quickly, many small and medium-sized businesses have a longer payback time for control operations. Furthermore, the payback time and return on investment (ROI) are determined by the percentage of motor monitoring system failures that are likely to occur. When all of these considerations are considered, the payback period lengthens.
Comparative View of Adjacent Motor Monitoring Market
Motor Monitoring Market:
Attributes |
Motor Monitoring Market |
CAGR (2022 - 2032) |
8% |
Market Value (2026) |
US$ 2.9 Bn |
Growth Factor |
Growing demand for motor monitoring systems from aerospace and automotive industry to sustain growth opportunities. |
Opportunity |
High adoption of EVs in Europe to open new channel of revenue. |
Key Trends |
Improvements in motor monitoring devices to enhance efficiency can boost adoption. |
Motor Control Centers Market:
Attributes |
Motor Control Centers Market |
CAGR (2022 - 2032) |
6.5% |
Market Value (2026) |
US$ 6.5 Bn |
Growth Factor |
Increasing power generation capacity to improve sales prospect in Asia Pacific. |
Opportunity |
Rising uptime in industrial plant provide opportunities for the adoption of motor control centers. |
Key Trends |
Inorganic growth through acquisitions and mergers are the go-to- market move. |
Machine Condition Monitoring System Market:
Attributes |
Machine Condition Monitoring System Market |
CAGR (2022 - 2032) |
7.3% |
Market Value (2026) |
US$ 3.6 Bn |
Growth Factor |
Use of wireless technology to support growth. |
Opportunity |
Investment in the development of vibration monitoring techniques to offer opportunities. |
Key Trends |
Collaborations and product launches to upkeep growth momentum. |
The key players focus on motor monitoring relay specifications, performance, and reducing downtime due to maintenance.
The growth of the motor monitoring market is widening due to the increasing importance of preventive analytics and the growing requirement to reduce revenue loss caused by motor breakdowns.
Demand for wireless motor monitoring system has increased, owing to its capabilities pertaining to ambient temperature, testing ease, spare parts availability, and the frequency of starts and stops.
The COVID-19 pandemic is wreaking havoc on manufacturing operations in industries, including automotive and mining. The digital transformation provides manufacturers with considerable benefits, such as real-time insight into motor monitoring devices that have implemented the cloud solution and the capacity to analyze the status of their motor.
Factors driving the market demand for motor monitoring devices include the high inrush of motor monitoring in sports, the growing use of motor monitoring systems in automotive and transportation, and the rising need for thermal imaging applications.
The expensive cost of motor monitoring modules hinders the expansion of the motor monitoring market size. The growing acceptance of motor monitoring sensors in aerospace and the need for motor monitoring in intelligent transportation systems (ITS) offers lucrative potential in the motor monitoring market.
The automobile sector of the motor monitoring module is experiencing rapid expansion in the units produced every day, necessitating the installation of efficient maintenance machinery on the production floor to increase output without compromising product quality. Subsequently, there is a demand for motor monitoring in the sector.
Electric motors are subjected to various operating and environmental dangers that induce thermal stress on the windings, lowering the insulating quality and shortening the motor's lifespan. As a result, the motor monitoring system has become a crucial part of locating possible difficulties and the most successful technique.
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Talk to AnalystHow is the Motor Monitoring Market Segmented?
“Growing demand for electric vehicles, electric motors and new efficient sources of energy are the major driving forces behind the growing demand for hardware-based motor monitoring.”
On-premise type of deployment or installation is the traditional way of monitoring motors. It involves
storing the data and then submitting it physically with the help of motor monitoring sensors and motor monitoring modules. The on-premise segment has the most significant share in the global motor monitoring market share.
It is installed physically on motors, shafts, computers, and servers. The factors behind the preference for on-premise deployment type are the easy installation and the high security it provides to the user. The better control over data that it provides to the end-user is also comparatively better than the cloud deployment type while storing data through any motor monitoring system.
It also provides accessible functions without networks and doesn’t involve third-party dealers. Even the industries get a better hold over data with the help of on-premise deployment as it stores data physically. These are the key drivers behind the preference for on-premise deployment in the motor control market.
Which Segment Leads the Motor Monitoring Market based on the Monitoring Process?
The online segment performs better than any other monitoring process as it is primarily used in plants and industries that are operational all day.
Adoption is also supported owing to its capability of storing the data at any point in time. The decline in the prices of sensors, submitters, and other storage devices are also driving the high sales of motor monitoring devices. This process works through a wireless motor monitoring system and a monitoring induction motor.
Which Segment Dominates the Motor Monitoring Market based on Offering?
The hardware segment is likely to perform better and hold the largest share in the global motor monitoring market.
The growing demand for electric vehicles, electric motors, and new efficient energy sources are the major driving forces behind the growing demand for all these hardware products. Hardware segment involves vibration sensors, infrared sensors, corrosion probes, ultrasound detectors, and spectrum analyzers.
Which is the Key Segment in the Motor Monitoring Market based on End Users?
The oil & gas segment is likely to hold a significant portion of the global market in the forecast period.
The primary factor behind the growth of this end-user is that a motor is an essential machine used in an oil & gas plant, and it needs constant monitoring to avoid any hazard. The motor monitoring devices help these plants drill in the remotest areas while analyzing the growth remotely, which contributes to their adoption in the industry.
Which Region is Performing Better in the Global Motor Monitoring Market?
“Developed regions like North America and Europe are successfully leading in the global motor monitoring market due to the electrified transport and huge investments of energy infrastructures.”
North America is likely to hold the most significant market share in the global motor monitoring market. It holds more than 33 shares of the global value. The factors behind the growth of the motor monitoring market in this region are increasing demand for electrical vehicles and lofty investments in heave infrastructure development.
As the environmental concerns are there and governments around the world are4 looking for efficient and green sources of energy, the use of EVs and the use of motor monitoring sensors in them is increasing, and motor monitoring systems are primarily in demand.
The motor monitoring survey explains that North America has invested more than US$ 85 Bn in the energy infrastructure, according to the World Energy Investment report by International Energy Agency.
Even LMC International states that electric vehicles and other hybrid vehicle sales are expected to grow by 7% and 20%, respectively. The demand for motor monitoring systems is increasing globally due to the advent of electric vehicles and their increased applications. This will lead to high sales of motor monitoring devices. The market will thrive well than before with the new trends in the motor monitoring market.

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Who are the Prominent Players in the Motor Monitoring Market?
A new market research report on the motor monitoring market explains that the market is increasing at a healthy rate as key players work on different strategies. The competitive landscape looks fierce with the involvement of established players, mid-level players, and new players entering into the motor monitoring market.
As the market grows, new strategies and channels come into play. The critical global motor monitoring market players are ABB, General Electric, Siemens, Honeywell, Schneider Electric, Emerson, Eaton, Mitsubishi Electric, Rockwell Automation, and Qualitrol. Software suite & Expert services are included in the operations, service tools, and maintenance.
For example, SFK has tied hands with Sodra to provide better and more intelligent sensors that will have the ability to measure vibrations and performance of multiple motors simultaneously. This solution came up with the launch of CONNECTIX from General Motors.
Motor Monitoring Market
By Deployment Type:
- On-premise
- Cloud
By Monitoring Process:
- Online
- Offline/Portable
By End User:
- Automotive
- Oil & Gas
- Metals and Mining
- Power Generation
- Water and Wastewater Treatment
- Food & Beverages
- Chemicals
By Offering:
- Software
- Hardware
- Services
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Frequently Asked Questions
The motor monitoring market is likely to register a CAGR of 8% during 2022-2032.
The motor monitoring market value is projected to cross US$ 9.8 Bn by 2032.
The global motor monitoring market size in 2021 was valued at US$ 2 Bn.
North America accounts for the largest revenue share in the motor monitoring market.
Asia Pacific is anticipated to grow at the highest CAGR through 2032.
1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Statistics
1.3. Key Market Characteristics & Attributes
1.4. Fact.MR Analysis and Recommendations
2. Market Overview
2.1. Market Coverage
2.2. Market Definition
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on Motor Monitoring Demand
3.1.2. COVID-19 Impact Benchmark with Previous Crisis
3.1.3. Impact on Market Value (US$ Mn)
3.1.4. Assessment by Key Countries
3.1.5. Assessment by Key Market Segments
3.1.6. Action Points and Recommendation for Suppliers
3.2. Key Trends Impacting the Market
3.3. Formulation and Product Development Trends
4. Market Background
4.1. Motor Monitoring Market, By Key Countries
4.2. Motor Monitoring Market Opportunity Assessment (US$ Mn)
4.2.1. Total Available Market
4.2.2. Serviceable Addressable Market
4.2.3. Serviceable Obtainable Market
4.3. Market Scenario Forecast
4.3.1. Demand in optimistic Scenario
4.3.2. Demand in Likely Scenario
4.3.3. Demand in Conservative Scenario
4.4. Investment Feasibility Analysis
4.4.1. Investment in Established Markets
4.4.1.1. In Short Term
4.4.1.2. In Long Term
4.4.2. Investment in Emerging Markets
4.4.2.1. In Short Term
4.4.2.2. In Long Term
4.5. Forecast Factors - Relevance & Impact
4.5.1. Top Companies Historical Growth
4.5.2. Global Motor Monitoring Market Growth
4.5.3. Motor Monitoring Adoption Rate, By Country
4.6. Market Dynamics
4.6.1. Market Driving Factors and Impact Assessment
4.6.2. Prominent Market Challenges and Impact Assessment
4.6.3. Motor Monitoring Market Opportunities
4.6.4. Prominent Trends in the Global Market & Their Impact Assessment
5. Key Success Factors
5.1. Manufacturers’ Focus on Low Penetration High Growth Markets
5.2. Banking on with Segments High Incremental Opportunity
5.3. Peer Benchmarking
6. Global Motor Monitoring Market Demand Analysis 2015-2021 and Forecast, 2022-2032
6.1. Historical Market Analysis, 2015-2021
6.2. Current and Future Market Projections, 2022-2032
6.3. Y-o-Y Growth Trend Analysis
7. Global Motor Monitoring Market Value Analysis 2015-2021 and Forecast, 2022-2032
7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021
7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Global Motor Monitoring Market Analysis 2015-2021 and Forecast 2022-2032, By Deployment
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) Analysis By Deployment, 2015-2021
8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Deployment, 2022-2032
8.3.1. On-premise
8.3.2. Cloud
8.4. Market Attractiveness Analysis By Deployment
9. Global Motor Monitoring Market Analysis 2015-2021 and Forecast 2022-2032, By Monitoring Process
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) Analysis By Monitoring Process, 2015-2021
9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Monitoring Process, 2022-2032
9.3.1. Online
9.3.2. Offline/Portable
9.4. Market Attractiveness Analysis By Monitoring Process
10. Global Motor Monitoring Market Analysis 2015-2021 and Forecast 2022-2032, By Offering
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) Analysis By Offering, 2015-2021
10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Offering, 2022-2032
10.3.1. Hardware
10.3.1.1. Vibration Sensors
10.3.1.2. Infrared Sensors
10.3.1.3. Corrosion Probes
10.3.1.4. Ultrasound Detectors
10.3.1.5. Spectrum Analyzers
10.3.1.6. Others
10.3.2. Software
10.3.2.1. Analytics Software
10.3.2.2. Diagnostic Software
10.3.3. Services
10.3.3.1. Training Services
10.3.3.2. Data Analysis Services
10.3.3.3. Technical Support & Maintenance Services
10.4. Market Attractiveness Analysis By Offering
11. Global Motor Monitoring Market Analysis 2015-2021 and Forecast 2022-2032, By End User
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) Analysis By End User, 2015-2021
11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End User, 2022-2032
11.3.1. Automotive
11.3.2. Oil & Gas
11.3.3. Metals & Mining
11.3.4. Power Generation
11.3.5. Water & Wastewater Treatment
11.3.6. Food & Beverages
11.3.7. Chemicals
11.3.8. Others – Agriculture and Electronics & Semiconductors
11.4. Market Attractiveness Analysis By End User
12. Global Motor Monitoring Market Analysis 2015-2021 and Forecast 2022-2032, By Region
12.1. Introduction
12.2. Historical Market Size (US$ Mn) Analysis By Region, 2015-2021
12.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. Asia Pacific
12.3.5. Middle East and Africa (MEA)
12.4. Market Attractiveness Analysis By Region
13. North America Motor Monitoring Market Analysis 2015-2021 and Forecast 2022-2032
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
13.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
13.4.1. By Country
13.4.1.1. U.S.
13.4.1.2. Canada
13.4.2. By Deployment
13.4.3. By Monitoring Process
13.4.4. By End User
13.4.5. By Offering
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Deployment
13.5.3. By Monitoring Process
13.5.4. By End User
13.5.5. By Offering
14. Latin America Motor Monitoring Market Analysis 2015-2021 and Forecast 2022-2032
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
14.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
14.4.1. By Country
14.4.1.1. Brazil
14.4.1.2. Mexico
14.4.1.3. Rest of Latin America
14.4.2. By Deployment
14.4.3. By Monitoring Process
14.4.4. By End User
14.4.5. By Offering
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Deployment
14.5.3. By Monitoring Process
14.5.4. By End User
14.5.5. By Offering
15. Europe Motor Monitoring Market Analysis 2015-2021 and Forecast 2022-2032
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
15.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
15.4.1. By Country
15.4.1.1. Germany
15.4.1.2. France
15.4.1.3. U.K.
15.4.1.4. Italy
15.4.1.5. Benelux
15.4.1.6. Nordic Countries
15.4.1.7. Rest of Europe
15.4.2. By Deployment
15.4.3. By Monitoring Process
15.4.4. By End User
15.4.5. By Offering
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Deployment
15.5.3. By Monitoring Process
15.5.4. By End User
15.5.5. By Offering
16. Asia Pacific Motor Monitoring Market Analysis 2015-2021 and Forecast 2022-2032
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
16.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
16.4.1. By Country
16.4.1.1. China
16.4.1.2. Japan
16.4.1.3. South Korea
16.4.1.4. Rest of Asia Pacific
16.4.2. By Deployment
16.4.3. By Monitoring Process
16.4.4. By End User
16.4.5. By Offering
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Deployment
16.5.3. By Monitoring Process
16.5.4. By End User
16.5.5. By Offering
17. Middle East and Africa Motor Monitoring Market Analysis 2015-2021 and Forecast 2022-2032
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
17.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
17.4.1. By Country
17.4.1.1. GCC Countries
17.4.1.2. South Africa
17.4.1.3. Turkey
17.4.1.4. Rest of Middle East and Africa
17.4.2. By Deployment
17.4.3. By Monitoring Process
17.4.4. By End User
17.4.5. By Offering
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Deployment
17.5.3. By Monitoring Process
17.5.4. By End User
17.5.5. By Offering
18. Key Countries Motor Monitoring Market Analysis 2015-2021 and Forecast 2022-2032
18.1. Introduction
18.1.1. Market Value Proportion Analysis, By Key Countries
18.1.2. Global Vs. Country Growth Comparison
18.2. US Motor Monitoring Market Analysis
18.2.1. Value Proportion Analysis by Market Taxonomy
18.2.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.2.2.1. By Deployment
18.2.2.2. By Monitoring Process
18.2.2.3. By End User
18.2.2.4. By Offering
18.3. Canada Motor Monitoring Market Analysis
18.3.1. Value Proportion Analysis by Market Taxonomy
18.3.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.3.2.1. By Deployment
18.3.2.2. By Monitoring Process
18.3.2.3. By End User
18.3.2.4. By Offering
18.4. Mexico Motor Monitoring Market Analysis
18.4.1. Value Proportion Analysis by Market Taxonomy
18.4.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.4.2.1. By Deployment
18.4.2.2. By Monitoring Process
18.4.2.3. By End User
18.4.2.4. By Offering
18.5. Brazil Motor Monitoring Market Analysis
18.5.1. Value Proportion Analysis by Market Taxonomy
18.5.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.5.2.1. By Deployment
18.5.2.2. By Monitoring Process
18.5.2.3. By End User
18.5.2.4. By Offering
18.6. Germany Motor Monitoring Market Analysis
18.6.1. Value Proportion Analysis by Market Taxonomy
18.6.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.6.2.1. By Deployment
18.6.2.2. By Monitoring Process
18.6.2.3. By End User
18.6.2.4. By Offering
18.7. France Motor Monitoring Market Analysis
18.7.1. Value Proportion Analysis by Market Taxonomy
18.7.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.7.2.1. By Deployment
18.7.2.2. By Monitoring Process
18.7.2.3. By End User
18.7.2.4. By Offering
18.8. Italy Motor Monitoring Market Analysis
18.8.1. Value Proportion Analysis by Market Taxonomy
18.8.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.8.2.1. By Deployment
18.8.2.2. By Monitoring Process
18.8.2.3. By End User
18.8.2.4. By Offering
18.9. BENELUX Motor Monitoring Market Analysis
18.9.1. Value Proportion Analysis by Market Taxonomy
18.9.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.9.2.1. By Deployment
18.9.2.2. By Monitoring Process
18.9.2.3. By End User
18.9.2.4. By Offering
18.10. UK Motor Monitoring Market Analysis
18.10.1. Value Proportion Analysis by Market Taxonomy
18.10.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.10.2.1. By Deployment
18.10.2.2. By Monitoring Process
18.10.2.3. By End User
18.10.2.4. By Offering
18.11. Nordic Countries Motor Monitoring Market Analysis
18.11.1. Value Proportion Analysis by Market Taxonomy
18.11.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.11.2.1. By Deployment
18.11.2.2. By Monitoring Process
18.11.2.3. By End User
18.11.2.4. By Offering
18.12. China Motor Monitoring Market Analysis
18.12.1. Value Proportion Analysis by Market Taxonomy
18.12.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.12.2.1. By Deployment
18.12.2.2. By Monitoring Process
18.12.2.3. By End User
18.12.2.4. By Offering
18.13. Japan Motor Monitoring Market Analysis
18.13.1. Value Proportion Analysis by Market Taxonomy
18.13.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.13.2.1. By Deployment
18.13.2.2. By Monitoring Process
18.13.2.3. By End User
18.13.2.4. By Offering
18.14. South Korea Motor Monitoring Market Analysis
18.14.1. Value Proportion Analysis by Market Taxonomy
18.14.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.14.2.1. By Deployment
18.14.2.2. By Monitoring Process
18.14.2.3. By End User
18.14.2.4. By Offering
18.15. GCC Countries Motor Monitoring Market Analysis
18.15.1. Value Proportion Analysis by Market Taxonomy
18.15.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.15.2.1. By Deployment
18.15.2.2. By Monitoring Process
18.15.2.3. By End User
18.15.2.4. By Offering
18.16. South Africa Motor Monitoring Market Analysis
18.16.1. Value Proportion Analysis by Market Taxonomy
18.16.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.16.2.1. By Deployment
18.16.2.2. By Monitoring Process
18.16.2.3. By End User
18.16.2.4. By Offering
18.17. Turkey Motor Monitoring Market Analysis
18.17.1. Value Proportion Analysis by Market Taxonomy
18.17.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.17.2.1. By Deployment
18.17.2.2. By Monitoring Process
18.17.2.3. By End User
18.17.2.4. By Offering
18.17.3. Competition Landscape and Player Concentration in the Country
19. Market Structure Analysis
19.1. Market Analysis by Tier of Companies
19.2. Market Concentration
19.3. Market Share Analysis of Top Players
19.4. Market Presence Analysis
19.4.1. By Regional footprint of Players
19.4.2. Product footprint by Players
20. Competition Analysis
20.1. Competition Dashboard
20.2. Competition Benchmarking
20.3. Competition Deep Dive
20.3.1. ABB
20.3.1.1. Overview
20.3.1.2. Product Portfolio
20.3.1.3. Sales Footprint
20.3.1.4. Strategy Overview
20.3.2. GENERAL ELECTRIC
20.3.2.1. Overview
20.3.2.2. Product Portfolio
20.3.2.3. Sales Footprint
20.3.2.4. Strategy Overview
20.3.3. SIEMENS
20.3.3.1. Overview
20.3.3.2. Product Portfolio
20.3.3.3. Sales Footprint
20.3.3.4. Strategy Overview
20.3.4. HONEYWELL
20.3.4.1. Overview
20.3.4.2. Product Portfolio
20.3.4.3. Sales Footprint
20.3.4.4. Strategy Overview
20.3.5. SCHNEIDER ELECTRIC
20.3.5.1. Overview
20.3.5.2. Product Portfolio
20.3.5.3. Sales Footprint
20.3.5.4. Strategy Overview
20.3.6. EMERSON
20.3.6.1. Overview
20.3.6.2. Product Portfolio
20.3.6.3. Sales Footprint
20.3.6.4. Strategy Overview
20.3.7. EATON
20.3.7.1. Overview
20.3.7.2. Product Portfolio
20.3.7.3. Sales Footprint
20.3.7.4. Strategy Overview
20.3.8. MITSUBISHI ELECTRIC
20.3.8.1. Overview
20.3.8.2. Product Portfolio
20.3.8.3. Sales Footprint
20.3.8.4. Strategy Overview
20.3.9. ROCKWELL AUTOMATION
20.3.9.1. Overview
20.3.9.2. Product Portfolio
20.3.9.3. Sales Footprint
20.3.9.4. Strategy Overview
20.3.10. QUALITROL
20.3.10.1. Overview
20.3.10.2. Product Portfolio
20.3.10.3. Sales Footprint
20.3.10.4. Strategy Overview
21. Assumptions and Acronyms Used
22. Research Methodology
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Table 1: Global Motor Monitoring Market Value (US$ Mn),By Deployment, 2015 – 2021
Table 2: Global Motor Monitoring Market Value (US$ Mn),By Deployment, 2022 – 2032
Table 3: Global Motor Monitoring Market Value (US$ Mn), By Monitoring Process, 2015 – 2021
Table 4: Global Motor Monitoring Market Value (US$ Mn), By Monitoring Process, 2022 – 2032
Table 5: Global Motor Monitoring Market Value (US$ Mn), By Offering, 2015 – 2021
Table 6: Global Motor Monitoring Market Value (US$ Mn), By Offering, 2022 – 2032
Table 7: Global Motor Monitoring Market Value (US$ Mn), By End User, 2015 – 2021
Table 8: Global Motor Monitoring Market Value (US$ Mn), By End User, 2022 – 2032
Table 9: Global Motor Monitoring Market, By Region, 2015 – 2021
Table 10: Global Motor Monitoring Market, By Region, 2022 – 2032
Table 11: North America Motor Monitoring Market Value (US$ Mn),By Deployment, 2015 – 2021
Table 12: North America Motor Monitoring Market Value (US$ Mn),By Deployment, 2022 – 2032
Table 13: North America Motor Monitoring Market Value (US$ Mn), By Monitoring Process, 2015 – 2021
Table 14: North America Motor Monitoring Market Value (US$ Mn), By Monitoring Process, 2022 – 2032
Table 15: North America Motor Monitoring Market Value (US$ Mn), By Offering, 2015 – 2021
Table 16: North America Motor Monitoring Market Value (US$ Mn), By Offering, 2022 – 2032
Table 17: North America Motor Monitoring Market Value (US$ Mn), By End User, 2015 – 2021
Table 18: North America Motor Monitoring Market Value (US$ Mn), By End User, 2022 – 2032
Table 19: North America Motor Monitoring Market, By Country, 2015 – 2021
Table 20: North America Motor Monitoring Market, By Country, 2022 – 2032
Table 21: Latin America Motor Monitoring Market Value (US$ Mn),By Deployment, 2015 – 2021
Table 22: Latin America Motor Monitoring Market Value (US$ Mn),By Deployment, 2022 – 2032
Table 23: Latin America Motor Monitoring Market Value (US$ Mn), By Monitoring Process, 2015 – 2021
Table 24: Latin America Motor Monitoring Market Value (US$ Mn), By Monitoring Process, 2022 – 2032
Table 25: Latin America Motor Monitoring Market Value (US$ Mn), By Offering, 2015 – 2021
Table 26: Latin America Motor Monitoring Market Value (US$ Mn), By Offering, 2022 – 2032
Table 27: Latin America Motor Monitoring Market Value (US$ Mn), By End User, 2015 – 2021
Table 28: Latin America Motor Monitoring Market Value (US$ Mn), By End User, 2022 – 2032
Table 29: Latin America Motor Monitoring Market, By Country, 2015 – 2021
Table 30: Latin America Motor Monitoring Market, By Country, 2022 – 2032
Table 31: Europe Motor Monitoring Market Value (US$ Mn),By Deployment, 2015 – 2021
Table 32: Europe Motor Monitoring Market Value (US$ Mn),By Deployment, 2022 – 2032
Table 33: Europe Motor Monitoring Market Value (US$ Mn), By Monitoring Process, 2015 – 2021
Table 34: Europe Motor Monitoring Market Value (US$ Mn), By Monitoring Process, 2022 – 2032
Table 35: Europe Motor Monitoring Market Value (US$ Mn), By Offering, 2015 – 2021
Table 36: Europe Motor Monitoring Market Value (US$ Mn), By Offering, 2022 – 2032
Table 37: Europe Motor Monitoring Market Value (US$ Mn), By End User, 2015 – 2021
Table 38: Europe Motor Monitoring Market Value (US$ Mn), By End User, 2022 – 2032
Table 39: Europe Motor Monitoring Market, By Country, 2015 – 2021
Table 40: Europe Motor Monitoring Market, By Country, 2022 – 2032
Table 41: Asia Pacific Motor Monitoring Market Value (US$ Mn),By Deployment, 2015 – 2021
Table 42: Asia Pacific Motor Monitoring Market Value (US$ Mn),By Deployment, 2022 – 2032
Table 43: Asia Pacific Motor Monitoring Market Value (US$ Mn), By Monitoring Process, 2015 – 2021
Table 44: Asia Pacific Motor Monitoring Market Value (US$ Mn), By Monitoring Process, 2022 – 2032
Table 45: Asia Pacific Motor Monitoring Market Value (US$ Mn), By Offering, 2015 – 2021
Table 46: Asia Pacific Motor Monitoring Market Value (US$ Mn), By Offering, 2022 – 2032
Table 47: Asia Pacific Motor Monitoring Market Value (US$ Mn), By End User, 2015 – 2021
Table 48: Asia Pacific Motor Monitoring Market Value (US$ Mn), By End User, 2022 – 2032
Table 49: Asia Pacific Motor Monitoring Market, By Country, 2015 – 2021
Table 50: Asia Pacific Motor Monitoring Market, By Country, 2022 – 2032
Table 51: MEA Motor Monitoring Market Value (US$ Mn),By Deployment, 2015 – 2021
Table 52: MEA Motor Monitoring Market Value (US$ Mn),By Deployment, 2022 – 2032
Table 53: MEA Motor Monitoring Market Value (US$ Mn), By Monitoring Process, 2015 – 2021
Table 54: MEA Motor Monitoring Market Value (US$ Mn), By Monitoring Process, 2022 – 2032
Table 55: MEA Motor Monitoring Market Value (US$ Mn), By Offering, 2015 – 2021
Table 56: MEA Motor Monitoring Market Value (US$ Mn), By Offering, 2022 – 2032
Table 57: MEA Motor Monitoring Market Value (US$ Mn), By End User, 2015 – 2021
Table 58: MEA Motor Monitoring Market Value (US$ Mn), By End User, 2022 – 2032
Table 59: MEA Motor Monitoring Market, By Country, 2015 – 2021
Table 60: MEA Motor Monitoring Market, By Country, 2022 – 2032
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Talk to AnalystFigure 1: Global Motor Monitoring Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 2: Global Motor Monitoring Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 3: Global Motor Monitoring Market Share, By Deployment, 2022 & 2032
Figure 4: Global Motor Monitoring Market Y-o-Y Growth Projections, By Deployment – 2022-2032
Figure 5: Global Motor Monitoring Market Attractiveness Index, By Deployment – 2022-2032
Figure 6: Global Motor Monitoring Market Share, By Monitoring Process, 2022 & 2032
Figure 7: Global Motor Monitoring Market Y-o-Y Growth Projections, By Monitoring Process – 2022-2032
Figure 8: Global Motor Monitoring Market Attractiveness Index, By Monitoring Process – 2022-2032
Figure 9: Global Motor Monitoring Market Share, By End User, 2022 & 2032
Figure 10: Global Motor Monitoring Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 11: Global Motor Monitoring Market Attractiveness Index, By End User – 2022-2032
Figure 12: Global Motor Monitoring Market Share, By Offering, 2022 & 2032
Figure 13: Global Motor Monitoring Market Y-o-Y Growth Projections, By Offering – 2022-2032
Figure 14: Global Motor Monitoring Market Attractiveness Index, By Offering – 2022-2032
Figure 15: Global Motor Monitoring Market Share, By Region, 2022 & 2032
Figure 16: Global Motor Monitoring Market Y-o-Y Growth Projections, By Region – 2022-2032
Figure 17: Global Motor Monitoring Market Attractiveness Index, By Region – 2022-2032
Figure 18: North America Motor Monitoring Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 19: North America Motor Monitoring Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 20: North America Motor Monitoring Market Share, By Deployment, 2022 & 2032
Figure 21: North America Motor Monitoring Market Y-o-Y Growth Projections, By Deployment – 2022-2032
Figure 22: North America Motor Monitoring Market Attractiveness Index, By Deployment – 2022-2032
Figure 23: North America Motor Monitoring Market Share, By Monitoring Process, 2022 & 2032
Figure 24: North America Motor Monitoring Market Y-o-Y Growth Projections, By Monitoring Process – 2022-2032
Figure 25: North America Motor Monitoring Market Attractiveness Index, By Monitoring Process – 2022-2032
Figure 26: North America Motor Monitoring Market Share, By End User, 2022 & 2032
Figure 27: North America Motor Monitoring Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 28: North America Motor Monitoring Market Attractiveness Index, By End User – 2022-2032
Figure 29: North America Motor Monitoring Market Share, By Offering, 2022 & 2032
Figure 30: North America Motor Monitoring Market Y-o-Y Growth Projections, By Offering – 2022-2032
Figure 31: North America Motor Monitoring Market Attractiveness Index, By Offering – 2022-2032
Figure 32: North America Motor Monitoring Market Share, By Country, 2022 & 2032
Figure 33: North America Motor Monitoring Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 34: North America Motor Monitoring Market Attractiveness Index, By Country – 2022-2032
Figure 35: Latin America Motor Monitoring Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 36: Latin America Motor Monitoring Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 37: Latin America Motor Monitoring Market Share, By Deployment, 2022 & 2032
Figure 38: Latin America Motor Monitoring Market Y-o-Y Growth Projections, By Deployment – 2022-2032
Figure 39: Latin America Motor Monitoring Market Attractiveness Index, By Deployment – 2022-2032
Figure 40: Latin America Motor Monitoring Market Share, By Monitoring Process, 2022 & 2032
Figure 41: Latin America Motor Monitoring Market Y-o-Y Growth Projections, By Monitoring Process – 2022-2032
Figure 42: Latin America Motor Monitoring Market Attractiveness Index, By Monitoring Process – 2022-2032
Figure 43: Latin America Motor Monitoring Market Share, By End User, 2022 & 2032
Figure 44: Latin America Motor Monitoring Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 45: Latin America Motor Monitoring Market Attractiveness Index, By End User – 2022-2032
Figure 46: Latin America Motor Monitoring Market Share, By Offering, 2022 & 2032
Figure 47: Latin America Motor Monitoring Market Y-o-Y Growth Projections, By Offering – 2022-2032
Figure 48: Latin America Motor Monitoring Market Attractiveness Index, By Offering – 2022-2032
Figure 49: Latin America Motor Monitoring Market Share, By Country, 2022 & 2032
Figure 50: Latin America Motor Monitoring Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 51: Latin America Motor Monitoring Market Attractiveness Index, By Country – 2022-2032
Figure 52: Europe Motor Monitoring Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 53: Europe Motor Monitoring Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 54: Europe Motor Monitoring Market Share, By Deployment, 2022 & 2032
Figure 55: Europe Motor Monitoring Market Y-o-Y Growth Projections, By Deployment – 2022-2032
Figure 56: Europe Motor Monitoring Market Attractiveness Index, By Deployment – 2022-2032
Figure 57: Europe Motor Monitoring Market Share, By Monitoring Process, 2022 & 2032
Figure 58: Europe Motor Monitoring Market Y-o-Y Growth Projections, By Monitoring Process – 2022-2032
Figure 59: Europe Motor Monitoring Market Attractiveness Index, By Monitoring Process – 2022-2032
Figure 60: Europe Motor Monitoring Market Share, By End User, 2022 & 2032
Figure 61: Europe Motor Monitoring Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 62: Europe Motor Monitoring Market Attractiveness Index, By End User – 2022-2032
Figure 63: Europe Motor Monitoring Market Share, By Offering, 2022 & 2032
Figure 64: Europe Motor Monitoring Market Y-o-Y Growth Projections, By Offering – 2022-2032
Figure 65: Europe Motor Monitoring Market Attractiveness Index, By Offering – 2022-2032
Figure 66: Europe Motor Monitoring Market Share, By Country, 2022 & 2032
Figure 67: Europe Motor Monitoring Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 68: Europe Motor Monitoring Market Attractiveness Index, By Country – 2022-2032
Figure 69: MEA Motor Monitoring Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 70: MEA Motor Monitoring Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 71: MEA Motor Monitoring Market Share, By Deployment, 2022 & 2032
Figure 72: MEA Motor Monitoring Market Y-o-Y Growth Projections, By Deployment – 2022-2032
Figure 73: MEA Motor Monitoring Market Attractiveness Index, By Deployment – 2022-2032
Figure 74: MEA Motor Monitoring Market Share, By Monitoring Process, 2022 & 2032
Figure 75: MEA Motor Monitoring Market Y-o-Y Growth Projections, By Monitoring Process – 2022-2032
Figure 76: MEA Motor Monitoring Market Attractiveness Index, By Monitoring Process – 2022-2032
Figure 77: MEA Motor Monitoring Market Share, By End User, 2022 & 2032
Figure 78: MEA Motor Monitoring Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 79: MEA Motor Monitoring Market Attractiveness Index, By End User – 2022-2032
Figure 80: MEA Motor Monitoring Market Share, By Offering, 2022 & 2032
Figure 81: MEA Motor Monitoring Market Y-o-Y Growth Projections, By Offering – 2022-2032
Figure 82: MEA Motor Monitoring Market Attractiveness Index, By Offering – 2022-2032
Figure 83: MEA Motor Monitoring Market Share, By Country, 2022 & 2032
Figure 84: MEA Motor Monitoring Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 85: MEA Motor Monitoring Market Attractiveness Index, By Country – 2022-2032
Figure 86: Asia Pacific Motor Monitoring Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 87: Asia Pacific Motor Monitoring Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 88: Asia Pacific Motor Monitoring Market Share, By Deployment, 2022 & 2032
Figure 89: Asia Pacific Motor Monitoring Market Y-o-Y Growth Projections, By Deployment – 2022-2032
Figure 90: Asia Pacific Motor Monitoring Market Attractiveness Index, By Deployment – 2022-2032
Figure 91: Asia Pacific Motor Monitoring Market Share, By Monitoring Process, 2022 & 2032
Figure 92: Asia Pacific Motor Monitoring Market Y-o-Y Growth Projections, By Monitoring Process – 2022-2032
Figure 93: Asia Pacific Motor Monitoring Market Attractiveness Index, By Monitoring Process – 2022-2032
Figure 94: Asia Pacific Motor Monitoring Market Share, By End User, 2022 & 2032
Figure 95: Asia Pacific Motor Monitoring Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 96: Asia Pacific Motor Monitoring Market Attractiveness Index, By End User – 2022-2032
Figure 97: Asia Pacific Motor Monitoring Market Share, By Offering, 2022 & 2032
Figure 98: Asia Pacific Motor Monitoring Market Y-o-Y Growth Projections, By Offering – 2022-2032
Figure 99: Asia Pacific Motor Monitoring Market Attractiveness Index, By Offering – 2022-2032
Figure 100: Asia Pacific Motor Monitoring Market Share, By Country, 2022 & 2032
Figure 101: Asia Pacific Motor Monitoring Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 102: Asia Pacific Motor Monitoring Market Attractiveness Index, By Country – 2022-2032
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