Global Motor Monitoring Market 2024 - By Share, Size, Growth Analysis And Forecast To 2033

1
Motor Monitoring Market Report 2024
Market Size, Trends and Global Forecast 2024-2033
2
Motor Monitoring Segments
The Business Research Company segments its Motor
Monitoring report as
Hardware, Software, Services
By Offering
On-Premise, Cloud
By Deployment
Oil Analysis, Motor Current Analysis, Ultrasound,
Thermography, Vibration Analysis, Other
Monitoring Process
By Monitoring Process
By End User
Automotive, Oil And Gas, Metals And Mining, Power
Generation, Water And Wastewater Treatment, Food
And Beverages, Chemicals, Other End Users
3
Market Statistics
The motor monitoring market size has grown
strongly in recent years. It will grow from 2.31
billion in 2023 to 2.51 billion in 2024 at a
compound annual growth rate (CAGR) of 8.5. The
motor monitoring market size is expected to see
strong growth in the next few years. It will grow
to 3.37 billion in 2028 at a compound annual
growth rate (CAGR) of 7.7.
Click Here To Get A Sample Report
4
Key Market Drivers And Trends
Drivers
The increasing adoption of electrical vehicles
(EVs) is expected to boost the growth of the
motor monitoring market going forward.
Trends
Technological advancement is the key trend
traction in the motor monitoring market.
Region
North America was the largest region in the motor
monitoring market in 2023. Asia-Pacific is
expected to be the fastest-growing region in the
global motor monitoring market during the
forecast period. The regions covered in the motor
monitoring market report are Asia-Pacific,
Western Europe, Eastern Europe, North America,
South America, Middle East, Africa
5
Key Market Players

• Major players in the Motor Monitoring are
• ABB Ltd.
• General Electric Company
• Siemens AG
• Honeywell International Inc.
• Schneider Electric SE
• And more.

6
5 Reasons Why TBRC Is The Solution You Need

1. Measure the impact of high global inflation on
   market growth
2. Outperform competitors using forecast data and
   the drivers and trends shaping the market
3. Get a comprehensive market sizing report with a
   truly global perspective covering 60 geographies
   from The Business Research Company, with data
   from 2017 to 2024 and forecasts up to 2033.
4. Assess the Russia-Ukraine wars impact on
   commodity supply and its direct and indirect
   impact on all the markets
5. Benchmark performance against key competitors.

7
Americas The Business Research Company, 1295 N
Providence Rd, Media, PA 19063, USA ? 1
3156230293
Get In Touch
Europe The Business Research Company 47 Anchorage
Point, 42 Cuba Street, Canary Wharf, London,
England, E14 8NE ? 44 207 1930 708
How ever you want to grow and expand, The
Business Research Company can help as we provide
research consulting solutions for businesses,
government agencies consultancies, and market
research companies.
Asia The Business Research Company, 1st Floor,
Anshu Colors Building, Road Number 1, Park View
Enclave, Jubilee Hills, Hyderabad (India),
500033 ? 91 8897263534
info_at_tbrc.info
8
Your Growth Insights Partner