Motor Monitoring Market

By Offering;

Hardware, Software and Services

By Deployment;

On-Premise and Cloud

By Monitoring Technique;

Vibration Analysis, Motor Current Signature, Thermography, Oil Analysis and Ultrasound & Acoustic

By Motor;

AC Motors, DC Motors and Servo & Stepper Motors

By End User;

Oil & Gas, Energy & Power, Automotive, Mining & Metals, Food & Beverage, Chemicals, Aerospace & Defense and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn162480445 Published Date: September, 2025 Updated Date: October, 2025

Motor Monitoring Market Overview

Motor Monitoring Market (USD Million)

Motor Monitoring Market was valued at USD 2,508.55 million in the year 2024. The size of this market is expected to increase to USD 4,188.99 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.


Motor Monitoring Market

*Market size in USD million

CAGR 7.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.6 %
Market Size (2024)USD 2,508.55 Million
Market Size (2031)USD 4,188.99 Million
Market ConcentrationMedium
Report Pages385
2,508.55
2024
4,188.99
2031

Major Players

  • ABB Group
  • Eaton Corp.
  • Emerson Electric Co.
  • General Electric Co.
  • Honeywell International, Inc.
  • KCF Technologies
  • Mitsubishi Electric Corp.
  • National Instruments
  • Rockwell Automation, Inc.
  • Schneider Electric
  • Siemens AG
  • AB SKF
  • Weg Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Motor Monitoring Market

Fragmented - Highly competitive market without dominant players


The Motor Monitoring Market has emerged as a critical solution for industries focusing on predictive maintenance, energy efficiency, and reliability. Over 45% of enterprises now rely on monitoring technologies to cut downtime and reduce maintenance expenses, strengthening their operational performance.

Growing Drivers of Adoption
With rising demand for automation and predictive insights, more than 40% of industrial users have embraced monitoring systems to extend motor efficiency and lifespan. The market’s growth is also fueled by increasing awareness of sustainability and cost reduction strategies in production facilities.

Technological Advancements Driving Innovation
Modern solutions now integrate AI-powered analytics, IoT-enabled sensors, and cloud monitoring platforms, making up about 50% of recent deployments. These intelligent systems empower industries to predict failures, optimize usage, and ensure smooth operations across various sectors.

Strategic Collaborations Shaping Market Expansion
Industry leaders are pursuing mergers, partnerships, and technological collaborations to expand their reach. Approximately 35% of organizations are working jointly on digital enhancements, helping deliver cutting-edge solutions and reinforcing their market presence.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
    1. Executive Summary
      1. Market Snapshot, By Offering
      2. Market Snapshot, By Deployment
      3. Market Snapshot, By Monitoring Technique
      4. Market Snapshot, By Motor
      5. Market Snapshot, By End User
      6. Market Snapshot, By Region
      7. Motor Monitoring Market Trends
    2. Drivers, Restraints and Opportunities
      1. Drivers
        1. Demand for Energy Efficiency
        2. Increasing Focus on Predictive Maintenance
        3. Advancements in Sensor Technology and Data Analytics
        4. Regulatory Compliance Requirements
      2. Restraints
        1. High Initial Investment Costs
        2. Complexity of Integration with Existing Systems
        3. Data Security and Privacy Concerns
        4. Skills Gap and Training Challenges
      3. Opportunities
        1. Rising Adoption of Industrial IoT (IIoT) and Industry 4.0
        2. Expansion of Smart Grid Infrastructure
        3. Advancements in Sensor Technology and Data Analytics
        4. Focus on Predictive Maintenance and Asset Performance Optimization
  3. PEST Analysis
    1. Political Analysis
    2. Economic Analysis
    3. Social Analysis
    4. Technological Analysis
  4. Porter's Analysis
    1. Bargaining Power of Suppliers
    2. Bargaining Power of Buyers
    3. Threat of Substitutes
    4. Threat of New Entrants
    5. Competitive Rivalry

  5. Market Segmentation

    1. Motor Monitoring Market, By Offering, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
      3. Services
    2. Motor Monitoring Market, By Deployment, 2021 - 2031 (USD Million)
      1. On-Premise
      2. Cloud
    3. Motor Monitoring Market, By Monitoring Technique, 2021 - 2031 (USD Million)
      1. Vibration Analysis
      2. Motor Current Signature
      3. Thermography
      4. Oil Analysis
      5. Ultrasound & Acoustic
    4. Motor Monitoring Market, By Motor, 2021 - 2031 (USD Million)
      1. AC Motors
      2. DC Motors
      3. Servo & Stepper Motors
    5. Motor Monitoring Market, By End User, 2021 - 2031 (USD Million)
      1. Oil & Gas
      2. Energy & Power
      3. Automotive
      4. Mining & Metals
      5. Food & Beverage
      6. Chemicals
      7. Aerospace & Defense
      8. Others
    6. Motor Monitoring Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Baker Hughes (Bently Nevada)
      2. ABB Ltd.
      3. Siemens AG
      4. General Electric (GE)
      5. Rockwell Automation
      6. Schneider Electric
      7. SKF AB
      8. Honeywell International Inc.
      9. Fluke Corporation
      10. PRUFTECHNIK GmbH
      11. Parker Hannifin Corporation
      12. National Instruments (NI)
      13. Brüel & Kjær Vibro (HBK Vibro)
      14. Meggitt plc
      15. Acoem S.A.
  7. Analyst Views
  8. Future Outlook of the Market