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Global Motor Monitoring System Market Research Report 2024
Synopsis
Electrical motors can be found everywhere and their crucial role is to power various equipment in industrial plants. They are supposed to work continually and any interruption in their work can cause serious problems. For instance in chemical and process industries there are huge revenue losses if motor driven cooling pumps stop working properly. Statistics show that motors like other rotating machines suffer from serious faults that can be timely predicted with a monitoring system. The Motor Monitoring System is designed specifically for condition monitoring applications. This report studies the hardware which include many sensors and software and services.
The global Motor Monitoring System market was valued at US$ 1952.9 million in 2023 and is anticipated to reach US$ 3070.9 million by 2030, witnessing a CAGR of 6.6% during the forecast period 2024-2030.
The major producers in this industry are ABB, Schneider Electric and Siemens, whose 2019 revenue accounts for 7.58%, 6.64% and 6.16% respectively. By region, North America had the highest share of income in 2019, at 34.93%.
This report aims to provide a comprehensive presentation of the global market for Motor Monitoring System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Motor Monitoring System.
Report Scope
The Motor Monitoring System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Motor Monitoring System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Motor Monitoring System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Schneider Electric
Siemens
Emerson
Honeywell
Rockwell Automation
Mitsubishi Electric
Bently Nevada (Baker Hughes)
Qualitrol
Eaton
National Instruments
Dynapar
Megger
Phoenix Contact
Koncar
KCF Technologies
Advantech
Banner Engineering
Segment by Type
Hardware
Software and Services
Segment by Application
Metals and Mining
Oil and Gas
Power Generation
Water and Wastewater
Food and Beverages
Chemicals and Pharmaceutical
Automotive
Aerospace and Defense
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Motor Monitoring System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Electrical motors can be found everywhere and their crucial role is to power various equipment in industrial plants. They are supposed to work continually and any interruption in their work can cause serious problems. For instance in chemical and process industries there are huge revenue losses if motor driven cooling pumps stop working properly. Statistics show that motors like other rotating machines suffer from serious faults that can be timely predicted with a monitoring system. The Motor Monitoring System is designed specifically for condition monitoring applications. This report studies the hardware which include many sensors and software and services.
The global Motor Monitoring System market was valued at US$ 1952.9 million in 2023 and is anticipated to reach US$ 3070.9 million by 2030, witnessing a CAGR of 6.6% during the forecast period 2024-2030.
The major producers in this industry are ABB, Schneider Electric and Siemens, whose 2019 revenue accounts for 7.58%, 6.64% and 6.16% respectively. By region, North America had the highest share of income in 2019, at 34.93%.
This report aims to provide a comprehensive presentation of the global market for Motor Monitoring System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Motor Monitoring System.
Report Scope
The Motor Monitoring System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Motor Monitoring System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Motor Monitoring System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Schneider Electric
Siemens
Emerson
Honeywell
Rockwell Automation
Mitsubishi Electric
Bently Nevada (Baker Hughes)
Qualitrol
Eaton
National Instruments
Dynapar
Megger
Phoenix Contact
Koncar
KCF Technologies
Advantech
Banner Engineering
Segment by Type
Hardware
Software and Services
Segment by Application
Metals and Mining
Oil and Gas
Power Generation
Water and Wastewater
Food and Beverages
Chemicals and Pharmaceutical
Automotive
Aerospace and Defense
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Motor Monitoring System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Motor Monitoring System Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Hardware
1.2.3 Software and Services
1.3 Market by Application
1.3.1 Global Motor Monitoring System Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Metals and Mining
1.3.3 Oil and Gas
1.3.4 Power Generation
1.3.5 Water and Wastewater
1.3.6 Food and Beverages
1.3.7 Chemicals and Pharmaceutical
1.3.8 Automotive
1.3.9 Aerospace and Defense
1.3.10 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Motor Monitoring System Market Perspective (2019-2030)
2.2 Motor Monitoring System Growth Trends by Region
2.2.1 Global Motor Monitoring System Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Motor Monitoring System Historic Market Size by Region (2019-2024)
2.2.3 Motor Monitoring System Forecasted Market Size by Region (2025-2030)
2.3 Motor Monitoring System Market Dynamics
2.3.1 Motor Monitoring System Industry Trends
2.3.2 Motor Monitoring System Market Drivers
2.3.3 Motor Monitoring System Market Challenges
2.3.4 Motor Monitoring System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Motor Monitoring System Players by Revenue
3.1.1 Global Top Motor Monitoring System Players by Revenue (2019-2024)
3.1.2 Global Motor Monitoring System Revenue Market Share by Players (2019-2024)
3.2 Global Motor Monitoring System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Motor Monitoring System Revenue
3.4 Global Motor Monitoring System Market Concentration Ratio
3.4.1 Global Motor Monitoring System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Motor Monitoring System Revenue in 2023
3.5 Motor Monitoring System Key Players Head office and Area Served
3.6 Key Players Motor Monitoring System Product Solution and Service
3.7 Date of Enter into Motor Monitoring System Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Motor Monitoring System Breakdown Data by Type
4.1 Global Motor Monitoring System Historic Market Size by Type (2019-2024)
4.2 Global Motor Monitoring System Forecasted Market Size by Type (2025-2030)
5 Motor Monitoring System Breakdown Data by Application
5.1 Global Motor Monitoring System Historic Market Size by Application (2019-2024)
5.2 Global Motor Monitoring System Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Motor Monitoring System Market Size (2019-2030)
6.2 North America Motor Monitoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Motor Monitoring System Market Size by Country (2019-2024)
6.4 North America Motor Monitoring System Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Motor Monitoring System Market Size (2019-2030)
7.2 Europe Motor Monitoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Motor Monitoring System Market Size by Country (2019-2024)
7.4 Europe Motor Monitoring System Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Motor Monitoring System Market Size (2019-2030)
8.2 Asia-Pacific Motor Monitoring System Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Motor Monitoring System Market Size by Region (2019-2024)
8.4 Asia-Pacific Motor Monitoring System Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Motor Monitoring System Market Size (2019-2030)
9.2 Latin America Motor Monitoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Motor Monitoring System Market Size by Country (2019-2024)
9.4 Latin America Motor Monitoring System Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Motor Monitoring System Market Size (2019-2030)
10.2 Middle East & Africa Motor Monitoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Motor Monitoring System Market Size by Country (2019-2024)
10.4 Middle East & Africa Motor Monitoring System Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Detail
11.1.2 ABB Business Overview
11.1.3 ABB Motor Monitoring System Introduction
11.1.4 ABB Revenue in Motor Monitoring System Business (2019-2024)
11.1.5 ABB Recent Development
11.2 Schneider Electric
11.2.1 Schneider Electric Company Detail
11.2.2 Schneider Electric Business Overview
11.2.3 Schneider Electric Motor Monitoring System Introduction
11.2.4 Schneider Electric Revenue in Motor Monitoring System Business (2019-2024)
11.2.5 Schneider Electric Recent Development
11.3 Siemens
11.3.1 Siemens Company Detail
11.3.2 Siemens Business Overview
11.3.3 Siemens Motor Monitoring System Introduction
11.3.4 Siemens Revenue in Motor Monitoring System Business (2019-2024)
11.3.5 Siemens Recent Development
11.4 Emerson
11.4.1 Emerson Company Detail
11.4.2 Emerson Business Overview
11.4.3 Emerson Motor Monitoring System Introduction
11.4.4 Emerson Revenue in Motor Monitoring System Business (2019-2024)
11.4.5 Emerson Recent Development
11.5 Honeywell
11.5.1 Honeywell Company Detail
11.5.2 Honeywell Business Overview
11.5.3 Honeywell Motor Monitoring System Introduction
11.5.4 Honeywell Revenue in Motor Monitoring System Business (2019-2024)
11.5.5 Honeywell Recent Development
11.6 Rockwell Automation
11.6.1 Rockwell Automation Company Detail
11.6.2 Rockwell Automation Business Overview
11.6.3 Rockwell Automation Motor Monitoring System Introduction
11.6.4 Rockwell Automation Revenue in Motor Monitoring System Business (2019-2024)
11.6.5 Rockwell Automation Recent Development
11.7 Mitsubishi Electric
11.7.1 Mitsubishi Electric Company Detail
11.7.2 Mitsubishi Electric Business Overview
11.7.3 Mitsubishi Electric Motor Monitoring System Introduction
11.7.4 Mitsubishi Electric Revenue in Motor Monitoring System Business (2019-2024)
11.7.5 Mitsubishi Electric Recent Development
11.8 Bently Nevada (Baker Hughes)
11.8.1 Bently Nevada (Baker Hughes) Company Detail
11.8.2 Bently Nevada (Baker Hughes) Business Overview
11.8.3 Bently Nevada (Baker Hughes) Motor Monitoring System Introduction
11.8.4 Bently Nevada (Baker Hughes) Revenue in Motor Monitoring System Business (2019-2024)
11.8.5 Bently Nevada (Baker Hughes) Recent Development
11.9 Qualitrol
11.9.1 Qualitrol Company Detail
11.9.2 Qualitrol Business Overview
11.9.3 Qualitrol Motor Monitoring System Introduction
11.9.4 Qualitrol Revenue in Motor Monitoring System Business (2019-2024)
11.9.5 Qualitrol Recent Development
11.10 Eaton
11.10.1 Eaton Company Detail
11.10.2 Eaton Business Overview
11.10.3 Eaton Motor Monitoring System Introduction
11.10.4 Eaton Revenue in Motor Monitoring System Business (2019-2024)
11.10.5 Eaton Recent Development
11.11 National Instruments
11.11.1 National Instruments Company Detail
11.11.2 National Instruments Business Overview
11.11.3 National Instruments Motor Monitoring System Introduction
11.11.4 National Instruments Revenue in Motor Monitoring System Business (2019-2024)
11.11.5 National Instruments Recent Development
11.12 Dynapar
11.12.1 Dynapar Company Detail
11.12.2 Dynapar Business Overview
11.12.3 Dynapar Motor Monitoring System Introduction
11.12.4 Dynapar Revenue in Motor Monitoring System Business (2019-2024)
11.12.5 Dynapar Recent Development
11.13 Megger
11.13.1 Megger Company Detail
11.13.2 Megger Business Overview
11.13.3 Megger Motor Monitoring System Introduction
11.13.4 Megger Revenue in Motor Monitoring System Business (2019-2024)
11.13.5 Megger Recent Development
11.14 Phoenix Contact
11.14.1 Phoenix Contact Company Detail
11.14.2 Phoenix Contact Business Overview
11.14.3 Phoenix Contact Motor Monitoring System Introduction
11.14.4 Phoenix Contact Revenue in Motor Monitoring System Business (2019-2024)
11.14.5 Phoenix Contact Recent Development
11.15 Koncar
11.15.1 Koncar Company Detail
11.15.2 Koncar Business Overview
11.15.3 Koncar Motor Monitoring System Introduction
11.15.4 Koncar Revenue in Motor Monitoring System Business (2019-2024)
11.15.5 Koncar Recent Development
11.16 KCF Technologies
11.16.1 KCF Technologies Company Detail
11.16.2 KCF Technologies Business Overview
11.16.3 KCF Technologies Motor Monitoring System Introduction
11.16.4 KCF Technologies Revenue in Motor Monitoring System Business (2019-2024)
11.16.5 KCF Technologies Recent Development
11.17 Advantech
11.17.1 Advantech Company Detail
11.17.2 Advantech Business Overview
11.17.3 Advantech Motor Monitoring System Introduction
11.17.4 Advantech Revenue in Motor Monitoring System Business (2019-2024)
11.17.5 Advantech Recent Development
11.18 Banner Engineering
11.18.1 Banner Engineering Company Detail
11.18.2 Banner Engineering Business Overview
11.18.3 Banner Engineering Motor Monitoring System Introduction
11.18.4 Banner Engineering Revenue in Motor Monitoring System Business (2019-2024)
11.18.5 Banner Engineering Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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