Motor is an electromagnetic device that converts or transmits electrical energy according to the laws of electromagnetic induction.
This report contains market size and forecasts of Motor Monitoring in Global, including the following market information:
- Global Motor Monitoring Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Motor Monitoring market was valued at 2009.4 million in 2021 and is projected to reach US$ 3059.9 million by 2028, at a CAGR of 6.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hardware Devices Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Motor Monitoring include Banner Engineering, ABB, National Instruments, Megger, Siemens, Honeywell, General Electric, Emerson Electric and Rockwell Automation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Motor Monitoring companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Motor Monitoring Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Motor Monitoring Market Segment Percentages, by Type, 2021 (%)
- Hardware Devices
- Software System
Global Motor Monitoring Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Motor Monitoring Market Segment Percentages, by Application, 2021 (%)
- Metals & Mining
- Power Generation
- Food & Beverages
- Chemicals
- Automotive
- Aerospace & Defense
- Other
Global Motor Monitoring Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Motor Monitoring Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Motor Monitoring revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Motor Monitoring revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Banner Engineering
- ABB
- National Instruments
- Megger
- Siemens
- Honeywell
- General Electric
- Emerson Electric
- Rockwell Automation
- Qualitrol
- Schneider Electric
- Mitsubishi Electric
- Advantech
- Eaton
- Weg Group
- Dynapar
- KCF Technologies
- Phoenix Contact
- T.F. Hudgins
- Koncar
