모터 모니터링 시장 보고서 : 제공별, 모니터링 프로세스별, 최종 용도별, 지역별(2025-2033년)

The global motor monitoring market size reached USD 2.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.5 Billion by 2033, exhibiting a growth rate (CAGR) of 6.14% during 2025-2033. The market is driven by the increasing demand for predictive maintenance, advancements in IoT and AI technologies, the growing need for minimizing downtime in industrial operations, and the focus on enhancing operational efficiency and reducing maintenance costs.

Motor Monitoring Market Trends:

Integration of AI and IoT Technologies

The integration of AI and IoT technologies in motor monitoring systems is rapidly transforming the market. These technologies enable real-time data collection and analysis, allowing industries to predict and prevent motor failures before they occur. AI-driven analytics provide deeper insights into motor performance, helping to optimize maintenance schedules and reduce downtime. For instance, Macnica a total service and solution provider in semiconductors, networks, cybersecurity and AI/IoT, has launched the Mpression Smart Motor Sensor in 2023, a solution comprising products developed by Analog Devices, Inc. in Taiwan. This trend is inspiring companies to adopt more sophisticated motor monitoring solutions that leverage AI and IoT for enhanced operational efficiency. As the industrial sector continues to automate processes, the demand for smart motor monitoring systems that can provide real-time, actionable insights is expected to grow significantly.

Growing Demand for Wireless Motor Monitoring Solutions

The use of wireless motor monitoring is becoming more popular in the market as it is easier to install and, is more flexible, and requires less maintenance than wired systems. These systems enable the real-time performance tracking of the motor volumes without spending much time and effort in wiring cables and are suited for remote areas. The solutions in wireless motor monitoring offer inherent cost advantages besides easy scalability and integration with existing structures and systems. As industries are constantly seeking ways to improve efficiency, reduce downtime, and optimize resource allocation, it is increasing the adoption of wireless solutions.

Adoption of Cloud-Based Motor Monitoring Platforms

The use of cloud-based motor monitoring platforms is gradually gaining traction in industries, and businesses that implement remote access, real-time analysis, and scalability features. These enable the motor performance to be monitored at a central place, hence enabling the operators to be in a position to see any problems that could be happening at different places and dealing with them. For example, Asahi Kasei Engineering will introduce V-MO which is a newly developed cloud service for the maintenance of ocean vessel motors for assuring stable operation and avoiding downtime of sea-going vessels. This change has been necessitated by the need to improve the methods of monitoring and maintaining motors, improved access to information as well as the need for increased security in motors. Such a trend is expected to increase with time and as many organizations are striving to implement more digital changes.

Motor Monitoring Market Segmentation:

Breakup by Offering:

• Hardware
• Software

Hardware accounts for the majority of the market share

As per the motor monitoring industry overview, hardware is the largest segment in the market due to its critical role in enabling accurate data collection and real-time monitoring of motor performance. Components like sensors, actuators, and transmitters are essential for capturing and transmitting data to monitoring systems, ensuring efficient operation and maintenance The increasing adoption of IoT and automation in industries further drives demand for advanced hardware solutions, solidifying its dominance in the market as companies seek to optimize motor performance and reduce operational costs.

Breakup by Monitoring Process:

• Oil Analysis
• Motor Current Analysis
• Ultrasound
• Thermography
• Vibration Analysis
• Others

Vibration analysis holds the largest share of the industry

Vibration analysis is one of the leading motor monitoring market segments as it provides early detection of motor faults, enabling preventive maintenance and minimizing costly downtime. This process allows for continuous monitoring of motor health by identifying issues such as imbalance, misalignment, and bearing failures before they lead to major breakdowns. With industries increasingly focusing on optimizing operational efficiency and reducing unplanned outages, the demand for vibration analysis tools continues to grow, making it the most prominent monitoring process in the market.

Breakup by End Use:

• Oil and Gas
• Energy and Power
• Aerospace and Defense
• Automotive
• Others

Oil and gas represent the leading market segment

As per the motor monitoring market, oil and gas industry is the largest segment in the market because of its high reliance on motor-driven equipment in critical operations, where any failure can lead to significant financial losses and safety risks. Continuous monitoring of motors in this sector is essential for ensuring operational efficiency, minimizing downtime, and complying with stringent safety regulations. This emphasizes the need for effective motor monitoring to optimize performance and reduce operational costs, driving the prominence of the oil and gas segment in the market and creating a positive motor monitoring market outlook.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

North America leads the market, accounting for the largest motor monitoring market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America was the largest regional market for motor monitoring.

As per the motor monitoring market forecast, North America is the largest segment due to its advanced industrial base, early adoption of cutting-edge technologies, and stringent regulatory standards for energy efficiency and safety. The region's robust manufacturing sector, particularly in the United States, drives significant demand for motor monitoring systems to optimize operations and reduce maintenance costs. The growing focus on predictive maintenance and the integration of IoT and AI technologies further strengthen North America's leading position in the market, thus positively influencing the motor monitoring market dynamics.

Competitive Landscape:

• The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the motor monitoring industry include AB SKF, ABB Ltd, ALS Limited, Eaton Corporation plc, Emerson Electric Co., General Electric, Honeywell International Inc, National Instruments Corp., Parker-Hannifin Corp, Rockwell Automation Inc, Schneider Electric and Siemens AG.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

• The competitive landscape of the motor monitoring market is characterized by the presence of several key players, including ABB, Siemens, Schneider Electric, and Honeywell, all of which are focusing on technological advancements and strategic partnerships to strengthen their market position. These companies are increasingly investing in IoT and AI-driven motor monitoring solutions to offer enhanced predictive maintenance capabilities. For instance, Asahi Kasei Engineering introduced cloud-based predictive maintenance service V-MO for monitoring of ocean vessel motors at SMM 2024. The market is also witnessing increased competition from new entrants focusing on cost-effective, wireless solutions, driving innovation, and further intensifying the competitive environment.

Key Questions Answered in This Report

• 1.How big is the global motor monitoring market?
• 2.What is the expected growth rate of the global motor monitoring market during 2025-2033?
• 3.What are the key factors driving the global motor monitoring market?
• 4.What has been the impact of COVID-19 on the global motor monitoring market?
• 5.What is the breakup of the global motor monitoring market based on the offering?
• 6.What is the breakup of the global motor monitoring market based on the monitoring process?
• 7.What is the breakup of the global motor monitoring market based on the end use?
• 8.What are the key regions in the global motor monitoring market?
• 9.Who are the key players/companies in the global motor monitoring market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Motor Monitoring Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Offering

• 6.1 Hardware
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Software
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by Monitoring Process

• 7.1 Oil Analysis
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Motor Current Analysis
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Ultrasound
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Thermography
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Vibration Analysis
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast
• 7.6 Others
  • 7.6.1 Market Trends
  • 7.6.2 Market Forecast

8 Market Breakup by End Use

• 8.1 Oil and Gas
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Energy and Power
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Aerospace and Defense
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Automotive
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Others
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 AB SKF
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
  • 14.3.2 ABB Ltd
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
    • 14.3.2.3 Financials
    • 14.3.2.4 SWOT Analysis
  • 14.3.3 ALS Limited
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
    • 14.3.3.3 Financials
    • 14.3.3.4 SWOT Analysis
  • 14.3.4 Eaton Corporation plc
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
    • 14.3.4.3 Financials
    • 14.3.4.4 SWOT Analysis
  • 14.3.5 Emerson Electric Co.
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
    • 14.3.5.3 Financials
    • 14.3.5.4 SWOT Analysis
  • 14.3.6 General Electric
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
    • 14.3.6.4 SWOT Analysis
  • 14.3.7 Honeywell International Inc
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
    • 14.3.7.3 Financials
    • 14.3.7.4 SWOT Analysis
  • 14.3.8 National Instruments Corp.
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
    • 14.3.8.3 Financials
    • 14.3.8.4 SWOT Analysis
  • 14.3.9 Parker-Hannifin Corp
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
    • 14.3.9.3 Financials
    • 14.3.9.4 SWOT Analysis
  • 14.3.10 Rockwell Automation Inc
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
    • 14.3.10.3 Financials
    • 14.3.10.4 SWOT Analysis
  • 14.3.11 Schneider Electric
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
    • 14.3.11.3 Financials
    • 14.3.11.4 SWOT Analysis
  • 14.3.12 Siemens AG
    • 14.3.12.1 Company Overview
    • 14.3.12.2 Product Portfolio
    • 14.3.12.3 Financials
    • 14.3.12.4 SWOT Analysis