Global Motor Monitoring Market
Motor Monitoring Market

Report ID: SQMIG20D2312

sales@skyquestt.com
USA +1 351-333-4748

Motor Monitoring Market Size, Share, and Growth Analysis

Global Motor Monitoring Market

Motor Monitoring Market By Type (Vibration Monitoring, Temperature Monitoring), By Technology (Wireless Monitoring, Wired Monitoring), By End Use Industry (Manufacturing, Automotive), By Deployment Type, By Region - Industry Forecast 2026-2033


Report ID: SQMIG20D2312 | Region: Global | Published Date: June, 2025
Pages: 199 |Tables: 96 |Figures: 71

Format - word format excel data power point presentation

Motor Monitoring Market Insights

Global Motor Monitoring Market size was valued at USD 2.26 Billion in 2024 and is poised to grow from USD 2.43 Billion in 2025 to USD 4.37 Billion by 2033, growing at a CAGR of 7.6% during the forecast period (2026–2033). 

The rising use of predictive maintenance is a major growth driver in the global motor monitoring market. With industries aiming to minimize unplanned downtime and maintenance expenses, predictive maintenance enables real-time monitoring of motor health, detecting problems before they cause failure. Through the use of sensors and sophisticated monitoring systems, businesses can monitor parameters such as vibration, temperature, and load. This forward-looking move not only prolongs motor life, but also enhances efficiency of operations. As more industries become aware of the financial as well as operational advantages, demand for motor monitoring systems further increases, driving market growth.

IoT and sensor technology advancements have transformed the world of motor monitoring, acting as one of the primary drivers of growth in the market. These technologies empower the collection of data in real-time with the use of embedded sensors, where operators can monitor motor conditions continuously. With the integration of IoT connectivity, remote monitoring of motor performance is possible, simplifying the detection of potential problems prior to the point of failure. The scalability and affordability of IoT solutions enable them to be used by a broad sector of industries, making their adoption easier. As the accuracy and efficiency of sensor technologies continue to improve, they are driving the motor monitoring market globally.

How does AI-Driven Optimization Impact Motor Performance and Energy Efficiency?

AI is influencing the global motor monitoring market directly by improving predictive maintenance with advanced data analytics and machine learning algorithms. AI processes huge volumes of real-time sensor data, identifying patterns that may be overlooked by human operators, thus allowing more precise fault detection and early intervention. This results in lower downtime and longer motor life. Indirectly, motor performance optimized through AI is improving energy efficiency, lowering operation costs, and enhancing overall system reliability. Alongside this, a related advancement is the growth of AI-driven motor health monitoring platforms, in which AI continually learns from past experience to fine-tune its forecasts, again enhancing motor management.

In January 2025, Eyeris unveiled the world's first in-cabin Monocular 3D Sensing AI technology at CES 2025 in Las Vegas. This technology converts normal 2D cameras to 3D perception systems that can monitor the whole vehicle cabin thoroughly. The system evaluates facial expressions, body position, and activity of both passengers and drivers.

How are Startups in the Global Motor Monitoring Market Utilizing AI, IoT, and Advanced Sensors?

The global motor monitoring market is seeing a boost in innovative new companies leveraging leading-edge technologies such as AI, IoT, and sophisticated sensors to enhance motor health management. Such companies are highlighting predictive maintenance, real-time monitoring, and performance optimization, delivering industries cost-efficient solutions that help maximize operational efficiency, minimize downtime, and lengthen equipment lifecycles, fueling the overall growth and change of the market.

Founded in 2016, Senseye provides predictive maintenance software for industrial equipment, specifically motors. Their core product, Senseye PdM, applies AI and machine learning logic to forecast motor breakdowns based on real-time and past data. This preventive process allows companies to fix issues before they cause downtime. One breakthrough in their research and development is applying deep learning, which has improved the system's accuracy in predicting failures by 30%, streamlining maintenance schedules.

Established in the year 2018, Motorman specializes in offering next-generation motor monitoring solutions for manufacturing, energy, and automotive industries. Its flagship product, Motorman Pro, leverages IoT sensors and artificial intelligence algorithms to constantly monitor motor performance, detecting faults and wear patterns in real time. A paradigm shift in their R&D is that they can provide real-time vibration analysis integrated with machine learning to make predictions of failures with more than 95% accuracy, saving maintenance expenses and unplanned downtime.

Market snapshot - 2026-2033

Global Market Size

USD 2.1 billion

Largest Segment

Vibration Analysis

Fastest Growth

Acoustic Analysis

Growth Rate

7.6% CAGR

Global Motor Monitoring Market 2026-2033 ($ Bn)
Country Share by North America 2025 (%)

To get more insights on this market click here to Request a Free Sample Report

Motor Monitoring Market Segments Analysis

Global Motor Monitoring Market is segmented by Type, Technology, End Use Industry, Deployment Type and region. Based on Type, the market is segmented into Vibration Monitoring, Temperature Monitoring, Current Monitoring, Voltage Monitoring and Others (Speed, Pressure, etc.). Based on Technology, the market is segmented into Wireless Monitoring and Wired Monitoring. Based on End Use Industry, the market is segmented into Manufacturing, Automotive, Energy & Utilities, Aerospace and Others. Based on Deployment Type, the market is segmented into On-premises and Cloud-based. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.  

What makes Vibration Analysis a Preferred Choice for Motor Health Monitoring Solutions?

Vibration analysis technology is currently a dominant innovation in the global motor monitoring market due to its ability to detect early signs of motor faults such as imbalance, misalignment, and bearing wear. Companies predict failures ahead of time by looking at vibrations, cutting down maintenance costs and downtime. Its accuracy, cost-value, and providing real-time insights make vibration analysis a choice well-preferred that ensures it holds on to leading motor health monitoring solutions.

Acoustic analysis technology is to be the market's fastest-growing in the global motor monitoring market because it has the capability of identifying motor faults by listening for patterns of sounds, providing an inexpensive, non-invasive alternative for fault detection at an early stage. When combined with IoT and AI-enabled platforms, this technology increases real-time diagnostics with faster market acceptance.

What are the Advantages of Electric Motors in Terms of Energy Efficiency and Performance?

Electric motors are increasingly dominant in the global motor monitoring market due to their widespread use in industrial automation, automotive, and consumer electronics. Technology improvements in smart sensors and AI are providing real-time tracking of motor condition, for greater performance and efficiency. With greater demand for efficient, maintenance-reducing options, market leaders are opting for electric motors due to its high-performance, low-cost advantages compared to other traditional motor types.

Induction motors will be the fastest-growing segment in the global motor monitoring market because they have widespread adoption across industries such as manufacturing and HVAC. They are efficient, have low maintenance costs, and can fit into any environment, which makes them the perfect choice for motor monitoring, with high demand for sophisticated monitoring systems and predictive maintenance technology.

Global Motor Monitoring Market By Source 2026-2033 (%)

To get detailed segments analysis, Request a Free Sample Report

Motor Monitoring Market Regional Insights

How are Technological Innovations Driving Demand for Motor Monitoring Solutions in North America?

As per the global motor monitoring market analysis, North America is one of the prominent regions in industry, supported by sophisticated industrial automation, a robust presence of manufacturing industries, and technological advancements. There is high demand for predictive maintenance, IoT integration, and energy-efficient solutions, especially in the U.S. and Canada. The region's embracement of Industry 4.0, along with investment in AI and IoT technologies, makes North America a foremost market for motor monitoring solutions.

US Motor Monitoring Market

The United States plays a pivotal role in North America's motor monitoring market due to its strong industrial base, which includes manufacturing, automotive, and energy sectors. Predictive maintenance and integration of IoT demand is high, with U.S. firms investing substantially in AI-powered motor monitoring solutions. Advancements in machine learning, sensor technology, and automation systems are promoting the uptake of sophisticated motor monitoring platforms, with a substantial contribution to market growth.

Canada Motor Monitoring Market

Canada contributes significantly to North America's motor monitoring market, particularly in sectors like oil & gas, mining, and manufacturing. The drive for sustainability and energy efficiency in the country propels the need for sophisticated motor monitoring solutions to maximize operations. Canada's expanding industrial automation market and its investment in smart technologies such as AI and IoT enable the adoption of motor monitoring systems, further driving the market.

How does the Adoption of Industry 4.0 Technologies in Asia Pacific Drive Market Demand?

Asia Pacific is poised to become one of the critical regions in the motor monitoring market, bolstered by industrialization and manufacturing activities in the region. nations such as China, India, and Japan have been investing tremendously in automation, predictive maintenance, and IoT-enabled solutions. Industrialization and focus on energy efficiency, along with the implementation of Industry 4.0 technology, fuel motor monitoring solution demands, making Asia Pacific a powerhouse for growth within the market.

Singapore Motor Monitoring Market

Singapore's highly developed infrastructure and deep emphasis on industrial automation make the country a critical market for motor monitoring solutions across the Asia-Pacific. It is a focus point for industries such as electronics, pharmaceuticals, and logistics, all of which leverage the use of predictive maintenance and monitoring of motor health. Government plans in Singapore driving smart manufacturing as well as Industry 4.0 further catalyze the need for the latest motor monitoring technologies, triggering growth in the market.

Indonesia Motor Monitoring Market

Indonesia, with its growing manufacturing and energy sectors, is increasingly adopting motor monitoring solutions to optimize operations and enhance energy efficiency. As the nation trends toward industrial automation and intelligent technologies, there is increasing demand for predictive maintenance systems to minimize downtime and maximize motor lifecycles. Indonesia's manufacturing automation investment and infrastructure development drive the growing motor monitoring market, fueling further development in the region.

Why are IoT-Based Motor Monitoring Solutions in high Demand in Europe?

Europe is a primary market for the global motor monitoring market, propelled by its advanced manufacturing base, especially in the automotive, machinery, and energy industries. Industry 4.0, automation, and sustainability are the priorities of the region, and hence there is high demand for predictive maintenance and IoT-based motor monitoring solutions. Germany, the UK, and France are among the countries at the forefront of the adoption of next-generation motor health monitoring technologies, and hence Europe is a major growth center for the market.

Germany Motor Monitoring Market

Germany is a leader in the Europe’s motor monitoring market, with its advanced automotive, manufacturing, and industrial automation sectors driving demand for motor monitoring solutions. The focus of the country on Industry 4.0, IoT integration, and predictive maintenance technology fuels market growth. Germany's robust R&D capabilities, along with its machinery production leadership, play an important role in innovation and adoption of advanced motor monitoring systems, improving efficiency and minimizing downtime.

France Motor Monitoring Market

France is a significant player in the Europe’s motor monitoring market, especially across industries in the energy, manufacturing, and aerospace categories. France's sustainability and energy efficiency drive the demand for motor monitoring solutions to maximize operations and minimize environmental footprint. Industry 4.0 technology adoption in France, such as AI and predictive maintenance, boosts motor performance and makes France a key market for innovative motor monitoring solutions in Europe.

Global Motor Monitoring Market By Geography, 2026-2033
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Motor Monitoring Market Dynamics

Motor Monitoring Market Drivers

Rising Demand for Energy Efficiency

  • The rising emphasis on energy efficiency in industrial operations is driving the global motor monitoring market growth. Firms are emphasizing energy conservation and minimizing operational expenditures. Motor monitoring systems allow accurate monitoring of the performance of motors, locating inefficiencies and optimizing energy use, and thus these are extremely vital in industries looking towards achieving sustainability objectives.

Growing Demand for Predictive Maintenance

  • The increasing demand for predictive maintenance across industries is a key driver for the motor monitoring market. By detecting impending failures, predictive maintenance minimizes unscheduled downtime, enhances operational efficiency, and maximizes equipment life. With companies looking for effective and cost-saving solutions, motor monitoring technologies become a part of their maintenance plans.

Motor Monitoring Market Restraints

Complexity of Integration

  • Integrating motor monitoring systems into existing infrastructure can be complex and time-consuming. Most sectors have legacy systems that are incompatible with existing monitoring solutions. The incompatibility limits the application of advanced motor health technologies, especially in sectors with old equipment, and slows down market growth.

Lack of Skilled Workforce

  • The implementation and maintenance of advanced motor monitoring systems require a skilled workforce proficient in data analytics, AI, and IoT technologies. The lack of trained professionals in most areas can slow down the adoption and proper use of these solutions, limiting the expansion of the motor monitoring market.

Request Free Customization of this report to help us to meet your business objectives.

Motor Monitoring Market Competitive Landscape

The global motor monitoring market is very competitive with major players like Schneider Electric, Siemens, GE Digital, Honeywell, and Emerson Electric dominating the industry. These firms specialize in IoT technological innovation in AI, predictive maintenance, and other areas. Siemens, for example, specializes in Industry 4.0 solutions and digitalization, while Schneider Electric espouses energy-saving motor monitoring systems to drive sustainability and efficiency of operation, positioning themselves at the forefront of the expanding market.

Top Player’s Company Profiles

  • Siemens AG (Germany) 
  • ABB Ltd. (Switzerland) 
  • General Electric Company (U.S.) 
  • Emerson Electric Co. (U.S.) 
  • Rockwell Automation, Inc. (U.S.) 
  • Honeywell International Inc. (U.S.) 
  • SKF AB (Sweden) 
  • Parker Hannifin Corporation (U.S.) 
  • Fluke Corporation (U.S.) 
  • Mitsubishi Electric Corporation (Japan) 
  • Bosch Rexroth AG (Germany) 
  • Endress+Hauser AG (Switzerland) 
  • Doble Engineering Company (U.S.) 
  • National Oilwell Varco (U.S.) 
  • TE Connectivity Ltd. (Switzerland) 
  • Nidec Corporation (Japan) 
  • Sensitron Semiconductor (U.S.) 
  • Danaher Corporation (U.S.) 

Recent Developments in Motor Monitoring Market 

  • In January 2025, Schneider Electric launched an enhanced version of its EcoStruxure™ Motor Control Centre (MCC), featuring advanced AI and IoT capabilities for more effective motor monitoring and predictive maintenance. The development is intended to cut unplanned downtime and maximize energy efficiency across industrial sites, making Schneider Electric a market leader in smart motor solutions.
  • In March 2024, Siemens AG introduced its SIRIUS 3RA2 Motor Management System in March 2024, incorporating cloud-based motor monitoring solutions for predictive maintenance. The system is equipped with real-time data analysis, decreasing energy consumption and optimizing total motor efficiency in manufacturing facilities. Siemens remains a leader by reinforcing its position with innovative automation solutions in the motor monitoring industry.
  • In June 2024, GE Digital unveiled an upgraded version of its Predix Asset Performance Management (APM) software. The update enhances motor monitoring capabilities by using advanced data analytics and AI to predict failures before they occur. This innovation aids industries in reducing maintenance costs and optimizing motor performance across a range of applications.

Motor Monitoring Key Market Trends

Motor Monitoring Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, the global motor monitoring industry is undergoing rapid transformation, driven by the increasing adoption of predictive maintenance, AI-powered analytics, and IoT-based technologies. These innovations are enabling industries to move from reactive to proactive maintenance strategies, significantly improving motor lifespan, energy efficiency, and operational reliability.

Startups and major players alike are investing in smart, real-time monitoring systems, supported by the growing integration of Industry 4.0. Regional markets, particularly in North America, Asia-Pacific, and Europe, are experiencing accelerated growth due to industrial automation, sustainability goals, and technological advancements. While challenges like integration complexity and workforce skill gaps remain, ongoing R&D, government initiatives, and industry digitization are expected to overcome these barriers, ensuring sustained market expansion and a smarter, more efficient industrial future.

Report Metric Details
Market size value in 2024 USD 2.26 Billion
Market size value in 2033 USD 4.37 Billion
Growth Rate 7.6%
Base year 2024
Forecast period 2026-2033
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Vibration Monitoring ,Temperature Monitoring ,Current Monitoring ,Voltage Monitoring ,Others (Speed; Pressure; etc.)
  • Technology
    • Wireless Monitoring ,Wired Monitoring
  • End Use Industry
    • Manufacturing ,Automotive ,Energy & Utilities ,Aerospace ,Others
  • Deployment Type
    • On-premises ,Cloud-based
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Siemens AG (Germany) 
  • ABB Ltd. (Switzerland) 
  • General Electric Company (U.S.) 
  • Emerson Electric Co. (U.S.) 
  • Rockwell Automation, Inc. (U.S.) 
  • Honeywell International Inc. (U.S.) 
  • SKF AB (Sweden) 
  • Parker Hannifin Corporation (U.S.) 
  • Fluke Corporation (U.S.) 
  • Mitsubishi Electric Corporation (Japan) 
  • Bosch Rexroth AG (Germany) 
  • Endress+Hauser AG (Switzerland) 
  • Doble Engineering Company (U.S.) 
  • National Oilwell Varco (U.S.) 
  • TE Connectivity Ltd. (Switzerland) 
  • Nidec Corporation (Japan) 
  • Sensitron Semiconductor (U.S.) 
  • Danaher Corporation (U.S.) 
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Motor Monitoring Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Motor Monitoring Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Motor Monitoring Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Motor Monitoring Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Motor Monitoring Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Motor Monitoring Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

Motor Monitoring Market Report Snapshots

$5,300

REQUEST FOR SAMPLE

Please verify that you're not a robot to proceed!
Want to customize this report? REQUEST FREE CUSTOMIZATION

FAQs

Global Motor Monitoring Market size was valued at USD 2.26 Billion in 2024 and is poised to grow from USD 2.43 Billion in 2025 to USD 4.37 Billion by 2033, growing at a CAGR of 7.6% during the forecast period (2026–2033). 

The global motor monitoring market is very competitive with major players like Schneider Electric, Siemens, GE Digital, Honeywell, and Emerson Electric dominating the industry. These firms specialize in IoT technological innovation in AI, predictive maintenance, and other areas. Siemens, for example, specializes in Industry 4.0 solutions and digitalization, while Schneider Electric espouses energy-saving motor monitoring systems to drive sustainability and efficiency of operation, positioning themselves at the forefront of the expanding market. 'Siemens AG (Germany) ', 'ABB Ltd. (Switzerland) ', 'General Electric Company (U.S.) ', 'Emerson Electric Co. (U.S.) ', 'Rockwell Automation, Inc. (U.S.) ', 'Honeywell International Inc. (U.S.) ', 'SKF AB (Sweden) ', 'Parker Hannifin Corporation (U.S.) ', 'Fluke Corporation (U.S.) ', 'Mitsubishi Electric Corporation (Japan) ', 'Bosch Rexroth AG (Germany) ', 'Endress+Hauser AG (Switzerland) ', 'Doble Engineering Company (U.S.) ', 'National Oilwell Varco (U.S.) ', 'TE Connectivity Ltd. (Switzerland) ', 'Nidec Corporation (Japan) ', 'Sensitron Semiconductor (U.S.) ', 'Danaher Corporation (U.S.) '

The rising emphasis on energy efficiency in industrial operations is driving the global motor monitoring market growth. Firms are emphasizing energy conservation and minimizing operational expenditures. Motor monitoring systems allow accurate monitoring of the performance of motors, locating inefficiencies and optimizing energy use, and thus these are extremely vital in industries looking towards achieving sustainability objectives.

Increased Adoption of Predictive Maintenance: The global motor monitoring market trends is experiencing a substantial shift towards predictive maintenance. By leveraging IoT sensors and AI-based algorithms, manufacturing industries can predict motor failures even before they take place, and thus minimize downtime and maintenance expenditures. This practice is increasingly taking hold in the manufacturing, automotive, and energy industries.

As per the global motor monitoring market analysis, North America is one of the prominent regions in industry, supported by sophisticated industrial automation, a robust presence of manufacturing industries, and technological advancements. There is high demand for predictive maintenance, IoT integration, and energy-efficient solutions, especially in the U.S. and Canada. The region's embracement of Industry 4.0, along with investment in AI and IoT technologies, makes North America a foremost market for motor monitoring solutions.
AGC3x.webp
Aisin3x.webp
ASKA P Co. LTD3x.webp
BD3x.webp
BILL & MELIDA3x.webp
BOSCH3x.webp
CHUNGHWA TELECOM3x.webp
DAIKIN3x.webp
DEPARTMENT OF SCIENCE & TECHNOLOGY3x.webp
ETRI3x.webp
Fiti Testing3x.webp
GERRESHEIMER3x.webp
HENKEL3x.webp
HITACHI3x.webp
HOLISTIC MEDICAL CENTRE3x.webp
Institute for information industry3x.webp
JAXA3x.webp
JTI3x.webp
Khidi3x.webp
METHOD.3x.webp
Missul E&S3x.webp
MITSUBISHI3x.webp
MIZUHO3x.webp
NEC3x.webp
Nippon steel3x.webp
NOVARTIS3x.webp
Nttdata3x.webp
OSSTEM3x.webp
PALL3x.webp
Panasonic3x.webp
RECKITT3x.webp
Rohm3x.webp
RR KABEL3x.webp
SAMSUNG ELECTRONICS3x.webp
SEKISUI3x.webp
Sensata3x.webp
SENSEAIR3x.webp
Soft Bank Group3x.webp
SYSMEX3x.webp
TERUMO3x.webp
TOYOTA3x.webp
UNDP3x.webp
Unilever3x.webp
YAMAHA3x.webp
Yokogawa3x.webp

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Feedback From Our Clients