Global Motor Monitoring System Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Motor Monitoring System Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Motor Monitoring System market size was valued at US$ 2153 million in 2023 and is forecast to a readjusted size of USD 3318 million by 2030 with a CAGR of 6.4% during review period.

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 is a detailed and comprehensive analysis for global Motor Monitoring System market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Motor Monitoring System market size and forecasts, in consumption value ($ Million), 2019-2030

Global Motor Monitoring System market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Motor Monitoring System market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Motor Monitoring System market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Motor Monitoring System

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Motor Monitoring System market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Schneider Electric, Siemens, Emerson, Honeywell, Rockwell Automation, Mitsubishi Electric, Bently Nevada (Baker Hughes), Qualitrol, Eaton, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Motor Monitoring System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Motor Monitoring System market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Hardware
Software and Services

Market 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

Market segment by players, this report covers
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

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Motor Monitoring System product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Motor Monitoring System, with revenue, gross margin, and global market share of Motor Monitoring System from 2019 to 2024.

Chapter 3, the Motor Monitoring System competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Motor Monitoring System market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Motor Monitoring System.

Chapter 13, to describe Motor Monitoring System research findings and conclusion.