Motor monitoring Market
Motor monitoring Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2028
Analysis of Motor monitoring market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Motor monitoring Market: Introduction
Motor monitoring may be defined as the process of continuously monitoring the motors, generators, clutches etc. in various end-use industries that is subjected to high stress. Proper monitoring of motors cannot be done manually as it results in unexpected outages, failures and unanticipated financial losses.
However, with motor monitoring systems, undesired changes are recorded at an early stage, which is then rectified by the analysis. Therefore, these systems are widely being used for improving the overall productivity of the organization. The global motor monitoring market is expected to witness a single-digit CAGR over the forecast period, 2018-2028.
Motors are widely used in manufacturing industries and the increasing manufacturing output has been identified as one of the key trends that is supplementing the global motor monitoring market growth. As per United Nations Industrial Development Organization (UNIDO), the global manufacturing value added (MVA) is likely to showcase a growth rate of 3.9% in 2018.
Therefore, owing to various factors such as increasing population, industrialization etc. the manufacturing output is expected to increase till 2028 that is augmenting the motor monitoring market growth.
Moreover, adoption of Cloud Computing Platform, demand of Wireless Communication Technology for motor monitoring coupled with focus on Predictive Maintenance and advent of Automated Condition Monitoring Technologies are some of the factors providing traction to the motor monitoring market growth.
Focus on predictive analytics by end users is providing traction to the Motor monitoring market growth over the forecast period
Owing to the proliferation in cloud computing and efficient software, the end users are insisting on the adoption of predictive maintenance. As per Fact.MR study, predictive analytics proposes various benefits into the manufacturing industry, such as reduction & prevention of risk, optimized time & cost, efficient use of resources along with providing insights for taking better strategic decisions.
Furthermore, the growth in data analytics and cloud computing is also driving the market growth. As per Open Cirrus, by 2020, over 83% of the data will be cloud based. Moreover, adoption of Automated Condition Monitoring Technologies by automotive, oil & gas, food & beverages industries worldwide is leveraging huge growth prospectus to the global motor monitoring market growth till 2028.
Motor monitoring Market: Regional Outlook
The global Motor monitoring market is segmented into seven regions: North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA. Among the above-mentioned regions, North America accounted for a majority of the market share under the global motor monitoring market owing to high adoption of motor monitoring systems within the end users.
In addition, advancements in cloud computing coupled with the presence of major key players also drives the North America Motor monitoring market. Furthermore, Europe is projected to showcase moderate growth in the global motor monitoring market.
Moreover, East Asia and South Asia are expected to hold a significant market share till 2028 owing to rising end-use industries, rise in manufacturing industry coupled with significant investments by various companies for expansion within the Asian countries.
Key players of Motor monitoring Market
Prominent players in the global motor monitoring market are Schneider Electric, Banner Engineering, ABB, SKF, Mitsubishi Electric, Siemens, Honeywell, General Electric, Emerson Electric, Qualitrol etc. The motor monitoring market consists of well-diversified global and regional players with global vendors ruling the market.
The research report presents a comprehensive assessment of the Motor monitoring market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Motor monitoring market report provides analysis and information, according to market segments such as geographies, type and industry.
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The Motor monitoring Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
The Motor monitoring Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Europe (UK, Germany, Spain, France, RoE)
- East Asia
- South Asia
- Oceania
- MEA
The Motor monitoring report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The Motor monitoring report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Motor monitoring report also maps the qualitative impact of various market factors on market segments and geographies.
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The Motor monitoring Market Report Highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Segmentation analysis of Motor monitoring Market
The global motor monitoring market is bifurcated into three major segments: deployment mode, monitoring process and end-user industry.
On the basis of offering, the global motor monitoring market is divided into:
- Software
- Hardware
On the basis of deployment mode, the global motor monitoring market is divided into:
- Cloud
- On-premise
On the basis of monitoring process, the global motor monitoring market is divided into:
- Online
- Portable
On the basis of end-use industry, the global motor monitoring market is divided into:
- Oil & Gas
- Water & Wastewater
- Metals & Mining
- Food & Beverages
- Chemicals
- Automotive
- Power Generation
- Others
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Offering 6.2. Deployment Mode 6.3. Monitoring Process 6.4. End-Use Industry 7. Global Market Analysis and Forecast, By Offering 7.1. Software 7.2. Hardware 8. Global Market Analysis and Forecast, By Deployment Mode 8.1. Cloud 8.2. On-premise 9. Global Market Analysis and Forecast, By Monitoring Process 9.1. Online 9.2. Portable 10. Global Market Analysis and Forecast, By End-Use Industry 10.1. Oil & Gas 10.2. Water & Wastewater 10.3. Metals & Mining 10.4. Food & Beverages 10.5. Chemicals 10.6. Automotive 10.7. Power Generation 10.8. Others 11. Global Market Analysis and Forecast, By Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. Asia Pacific 11.6. East Asia 11.7. MEA 12. North America Sales Analysis and Forecast, by Key Segments and Countries 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 16. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 17. East Asia Sales Analysis and Forecast, by Key Segments and Countries 18. MEA Sales Analysis and Forecast, by Key Segments and Countries 19. Sales Forecast by Offering, Deployment Mode, Monitoring Process, and End-Use Industry for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Schneider Electric 21.2. Banner Engineering 21.3. ABB 21.4. SKF 21.5. Mitsubishi Electric 21.6. Siemens 21.7. Honeywell 21.8. General Electric 21.9. Emerson Electric 21.10. Qualitrol
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List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Offering
Table 03: Global Market US$ Mn Forecast by Deployment Mode
Table 04: Global Market US$ Mn Forecast by Monitoring Process
Table 05: Global Market US$ Mn Forecast by End-Use Industry
Table 06: North America Market US$ Mn Forecast by Country
Table 07: North America Market US$ Mn Forecast by Offering
Table 08: North America Market US$ Mn Forecast by Deployment Mode
Table 09: North America Market US$ Mn Forecast by Monitoring Process
Table 10: North America Market US$ Mn Forecast by End-Use Industry
Table 11: Latin America Market US$ Mn Forecast by Country
Table 12: Latin America Market US$ Mn Forecast by Offering
Table 13: Latin America Market US$ Mn Forecast by Deployment Mode
Table 14: Latin America Market US$ Mn Forecast by Monitoring Process
Table 15: Latin America Market US$ Mn Forecast by End-Use Industry
Table 16: Western Europe Market US$ Mn Forecast by Country
Table 17: Western Europe Market US$ Mn Forecast by Offering
Table 18: Western Europe Market US$ Mn Forecast by Deployment Mode
Table 19: Western Europe Market US$ Mn Forecast by Monitoring Process
Table 20: Western Europe Market US$ Mn Forecast by End-Use Industry
Table 21: Eastern Europe Market US$ Mn Forecast by Country
Table 22: Eastern Europe Market US$ Mn Forecast by Offering
Table 23: Eastern Europe Market US$ Mn Forecast by Deployment Mode
Table 24: Eastern Europe Market US$ Mn Forecast by Monitoring Process
Table 25: Eastern Europe Market US$ Mn Forecast by End-Use Industry
Table 26: Asia Pacific Market US$ Mn Forecast by Country
Table 27: Asia Pacific Market US$ Mn Forecast by Offering
Table 28: Asia Pacific Market US$ Mn Forecast by Deployment Mode
Table 29: Asia Pacific Market US$ Mn Forecast by Monitoring Process
Table 30: Asia Pacific Market US$ Mn Forecast by End-Use Industry
Table 31: East Asia Market US$ Mn Forecast by Country
Table 32: East Asia Market US$ Mn Forecast by Offering
Table 33: East Asia Market US$ Mn Forecast by Deployment Mode
Table 34: East Asia Market US$ Mn Forecast by Monitoring Process
Table 35: East Asia Market US$ Mn Forecast by End-Use Industry
Table 36: MEA Market US$ Mn Forecast by Country
Table 37: MEA Market US$ Mn Forecast by Offering
Table 38: MEA Market US$ Mn Forecast by Deployment Mode
Table 39: MEA Market US$ Mn Forecast by Monitoring Process
Table 40: MEA Market US$ Mn Forecast by End-Use Industry
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Mode
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Monitoring Process
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 05: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Mode
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Monitoring Process
Figure 09: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Mode
Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Monitoring Process
Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering
Figure 17: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Mode
Figure 18: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Monitoring Process
Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering
Figure 22: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Mode
Figure 23: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Monitoring Process
Figure 24: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 26: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering
Figure 27: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Mode
Figure 28: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Monitoring Process
Figure 29: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 30: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 31: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering
Figure 32: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Mode
Figure 33: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Monitoring Process
Figure 34: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 35: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 36: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Offering
Figure 37: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Deployment Mode
Figure 38: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Monitoring Process
Figure 39: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 40: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
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Motor monitoring Market