Motor Monitoring Market by Monitoring Process (Online, Portable), Offering (Hardware, Software), End-Use, Deployment - Global Forecast 2023-2030

Motor Monitoring Market by Monitoring Process (Online, Portable), Offering (Hardware, Software), End-Use, Deployment - Global Forecast 2023-2030


The Motor Monitoring Market size was estimated at USD 2.09 billion in 2022 and expected to reach USD 2.27 billion in 2023, at a CAGR 8.48% to reach USD 4.02 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Motor Monitoring Market.
  • Based on Monitoring Process, market is studied across Online and Portable. The Portable is projected to witness significant market share during forecast period.
  • Based on Offering, market is studied across Hardware and Software. The Hardware is projected to witness significant market share during forecast period.
  • Based on End-Use, market is studied across Aerospace & Defense, Automotive, Chemicals, Food & Beverages, Metals & Mining, Oil & Gas, and Power Generation. The Power Generation is projected to witness significant market share during forecast period.
  • Based on Deployment, market is studied across On-Cloud and On-Premise. The On-Cloud is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Motor Monitoring Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Motor Monitoring Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Motor Monitoring Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Advantech, ALS Limited, Baker Instrument Company, Banner Engineering India Pvt. Ltd., Dynapar, Eaton Corporation, General Electric Company, Honeywell International Inc., KCF Technologies, Koncar, Mitsubishi Electric Corporation, National Instruments Corporation, Phoenix Contact, Qualitrol, Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, SKF Group, and The Emerson Electric Co..

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Motor Monitoring Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Motor Monitoring Market?
  3. What is the competitive strategic window for identifying opportunities in the Motor Monitoring Market?
  4. What are the latest technology trends and regulatory frameworks in the Motor Monitoring Market?
  5. What is the market share of the leading vendors in the Motor Monitoring Market?
  6. Which modes and strategic moves are suitable for entering the Motor Monitoring Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Motor Monitoring Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand for thermal imaging applications
5.1.1.2. Adoption of motor monitoring in aerospace
5.1.1.3. Rise in adoption of motor monitoring in automotive and transportation
5.1.2. Restraints
5.1.2.1. High cost associated with motor monitoring
5.1.3. Opportunities
5.1.3.1. Penetration of industrial IoT for advanced connected devices
5.1.3.2. Application of motor monitoring in intelligent transportation system
5.1.4. Challenges
5.1.4.1. Limited skilled and trained professionals
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Motor Monitoring Market, by Monitoring Process
6.1. Introduction
6.2. Online
6.3. Portable
7. Motor Monitoring Market, by Offering
7.1. Introduction
7.2. Hardware
7.3. Software
8. Motor Monitoring Market, by End-Use
8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive
8.4. Chemicals
8.5. Food & Beverages
8.6. Metals & Mining
8.7. Oil & Gas
8.8. Power Generation
9. Motor Monitoring Market, by Deployment
9.1. Introduction
9.2. On-Cloud
9.3. On-Premise
10. Americas Motor Monitoring Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Motor Monitoring Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Motor Monitoring Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. ABB Ltd.
14.1.2. Advantech
14.1.3. ALS Limited
14.1.4. Baker Instrument Company
14.1.5. Banner Engineering India Pvt. Ltd.
14.1.6. Dynapar
14.1.7. Eaton Corporation
14.1.8. General Electric Company
14.1.9. Honeywell International Inc.
14.1.10. KCF Technologies
14.1.11. Koncar
14.1.12. Mitsubishi Electric Corporation
14.1.13. National Instruments Corporation
14.1.14. Phoenix Contact
14.1.15. Qualitrol
14.1.16. Rockwell Automation, Inc.
14.1.17. Schneider Electric SE
14.1.18. Siemens AG
14.1.19. SKF Group
14.1.20. The Emerson Electric Co.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing

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