기계 상태 모니터링 시장 분석 : 감시 방법별, 제공 내용별, 전개 방식별, 최종 이용 산업별, 지역별(2025-2033년)

The global machine condition monitoring market size reached USD 3.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.9 Billion by 2033, exhibiting a growth rate (CAGR) of 5.66% during 2025-2033. The increasing emphasis on predictive maintenance, recent advancements in technology, growing demand for energy efficiency, burgeoning adoption of automation across industries, introduction of strict regulations and standards, and increasing process utilization in the manufacturing sector are some of the major factors propelling the market.

Machine condition monitoring refers to the continuous process of assessing the operational status of machinery and equipment to detect anomalies and predict potential failures. It involves vibration monitoring, oil analysis, and thermal imaging using various components, including sensors, data acquisition systems, and analytical software. Machine condition monitoring is widely used in industrial manufacturing, aerospace, energy production, automotive, marine, chemical processing, mining, and more. It aids in improving safety, reducing maintenance costs, maximizing equipment performance, enhancing productivity, extending machinery life, providing real-time insights, minimizing unplanned downtime, and enabling predictive maintenance.

The burgeoning adoption of automation across industries is facilitating the demand for machine condition monitoring, as it aids in managing complex automated processes by delivering real-time insights into the operating conditions. Furthermore, the increasing process utilization in the manufacturing sector to enhance production efficiency and maintain high quality is propelling the market growth. Additionally, the introduction of strict regulations and standards regarding machinery safety, emissions, and efficiency in different industrial sectors is acting as another growth-inducing factor. Moreover, the escalating user awareness regarding various process benefits, such as long-term cost-saving, reduced maintenance costs, and extended equipment life, is positively influencing the market growth. Apart from this, the growing demand for advanced monitoring and control mechanisms due to rapid industrialization activities across the globe is catalyzing the market growth.

Machine Condition Monitoring Market Trends/Drivers:

The increasing emphasis on predictive maintenance

The shift towards predictive maintenance represents a transformative approach in industrial operations, and it's at the core of the growth in the machine condition monitoring market. Predictive maintenance allows companies to anticipate equipment failures and perform necessary maintenance before a breakdown occurs. Furthermore, machine condition monitoring plays a critical role in predictive maintenance by continuously assessing the health of machinery, analyzing data patterns, and providing early warnings of potential failures. Apart from this, the growing demand for predictive maintenance due to its ability to enhance operational efficiency, reduce unplanned outages, extend equipment life, and increase profitability is boosting the market growth. Moreover, the escalating awareness among companies regarding the potential benefits of predictive maintenance in saving costs and improving reliability is acting as another growth-inducing factor. Apart from this, the integration of advanced analytics, which further empowers predictive strategies, providing precise and timely insights, is favoring the market growth.

The recent advancements in technology

Technology advancements have significantly contributed to the evolution of machine condition monitoring, making it more precise, accessible, and efficient. In line with this, the integration of the Internet of Things (IoT), which allows real-time data collection and analysis from multiple sources, thus enhancing the monitoring capabilities, is boosting the market growth. Along with this, the adoption of artificial Intelligence (AI) and machine learning (ML) algorithms to analyze complex data patterns, making predictive analysis more accurate and actionable, is supporting the market growth. Besides this, the introduction of cloud computing, which offers a centralized platform for data management, allowing remote monitoring and collaboration, is favoring the market growth. Additionally, the development of smart sensors, wireless technology, and sophisticated analytical tools has further revolutionized the way industries monitor and maintain their machinery.

The growing demand for energy efficiency

The global emphasis on energy efficiency and sustainability is another pivotal factor driving the machine condition monitoring market. Industries are under pressure to lower energy consumption, minimize emissions, and adhere to environmental regulations. In line with this, machine condition monitoring plays an essential role by detecting inefficiencies, misalignments, or wear in machinery and enabling timely corrective actions that can significantly reduce energy waste. Moreover, governments and regulatory bodies are implementing stricter energy efficiency standards, compelling industries to adopt advanced monitoring and control strategies. Besides this, the integration of machine condition monitoring with energy management systems, which provides a holistic approach to sustainable industrial operations, is further bolstering the market growth. In addition, the growing demand for advanced solutions that contribute to energy efficiency and sustainability is acting as another growth-inducing factor.

Machine Condition Monitoring Industry Segmentation:

Breakup by Monitoring Technique:

• Vibration Monitoring
• Thermography
• Oil Analysis
• Corrosion Monitoring
• Ultrasound Emission
• Motor Current Analysis

Vibration monitoring dominates the market

Vibration monitoring is highly sensitive to changes in machinery conditions. Minor changes in vibration patterns can indicate underlying issues, including misalignments, imbalances, or wear, allowing early detection of problems. Along with this, it can be applied to a wide range of machinery, from rotating equipment, such as motors and turbines, to reciprocating machinery, like compressors and pumps, making it versatile across various industries. Additionally, vibration monitoring is a non-intrusive technique, allowing machinery to be assessed without interrupting operations. This provides a significant advantage in continuous production environments. Moreover, compared to other monitoring techniques, vibration monitoring offers a more cost-effective solution, as the technology and tools required are relatively affordable and provide a good return on investment. Besides this, it seamlessly integrates with other monitoring and control systems, thus enhancing overall efficiency.

Breakup by Offering:

• Hardware
• Software

Hardware dominates the market

Hardware such as sensors, detectors, and vibration analyzers are integral to the process of collecting real-time data on equipment performance. They serve as the foundation for the entire condition monitoring system by translating physical phenomena, such as vibration, temperature, and pressure, into actionable data. Furthermore, hardware can be integrated into various types of machinery across different industries, ensuring a wide market reach. Additionally, the continuous advancements in hardware technology, including the development of smart sensors and wireless components, which have improved the accuracy and ease of machine monitoring, are positively influencing the market growth. Moreover, machine condition monitoring relies heavily on monitoring physical conditions such as temperature, vibration, and noise, which require sophisticated hardware for precise measurement.

Breakup by Deployment Type:

• On-premises
• Cloud-based

Cloud-based dominates the market

Cloud-based deployment allows companies to easily scale their monitoring capabilities as per their needs. This flexibility accommodates the growth of an organization without significant investments in physical infrastructure. Furthermore, it eliminates the need for substantial capital investment in hardware and software. In addition, the maintenance costs are also reduced as updates and support are managed by the cloud provider, making it an economically attractive option. Besides this, cloud-based deployment enables real-time access to monitoring data from anywhere with internet connectivity, which fosters collaboration among teams across different locations and ensures timely responses to potential issues. Moreover, it can integrate seamlessly with various existing systems and applications, which simplifies the implementation process and enhances the efficiency of monitoring and analyzing machinery.

Breakup by End Use Industry:

• Oil and Gas
• Power Generation
• Metals and Mining
• Chemicals
• Automotive
• Aerospace and Defense
• Food and Beverages
• Marine
• Others

Oil and gas dominate the market

The oil and gas industry involves highly complex and specialized machinery, such as drilling rigs, pumps, and compressors, which require continuous monitoring, as slight malfunction can lead to substantial downtime. In line with this, machine condition monitoring assists in predictive maintenance, helping to avoid unexpected failures and thereby reducing operational costs. Additionally, machine condition monitoring aids in detecting anomalies that might lead to potential failures or accidents, thus contributing to overall safety. Moreover, the imposition of strict environmental and safety regulations has prompted the oil and gas industry to adopt machine condition monitoring to ensure that the equipment is operating within the prescribed limits, thus supporting compliance efforts.

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 exhibits a clear dominance in the market, accounting for the largest machine condition monitoring market share

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

North America hosts numerous technological hubs and research centers that are engaged in research and development (R&D) in areas, such as the Internet of Things (IoT), automation, and artificial intelligence (AI). Furthermore, the presence of a robust manufacturing base and increasing automation in various industries is facilitating the demand for sophisticated monitoring systems to ensure efficiency and reliability. Additionally, the introduction of strict regulations and policies by the regional governments concerning environmental protection, energy efficiency, and workplace safety is positively influencing the market growth. Moreover, North American companies are at the forefront of adopting predictive maintenance strategies, which is further bolstering the market growth. Apart from this, the well-established industrial infrastructure in the region, which offers a suitable platform for integrating advanced machine condition monitoring systems without significant modification or investment, is supporting the market growth.

Competitive Landscape:

Top players in the market are developing cutting-edge technologies by incorporating IoT, AI, and predictive analytics to enhance their monitoring capabilities. In addition, they are collaborating with technology providers, industry experts, and research institutions to expand their reach, enter into new markets, and enhance their technical competencies. Moreover, several companies are engaging in acquisitions and mergers with startups, niche players, and complementary businesses in the field to broaden their product portfolios and gain competitive advantages. Besides this, these companies are establishing new offices, service centers, and manufacturing facilities in emerging markets to capitalize on the growing industrialization and demand for machine condition monitoring in these regions. Furthermore, leading players are developing solutions that contribute to energy efficiency and environmental compliance, thus aligning with global goals and regulations.

The report has provided a comprehensive analysis of the competitive landscape in the global machine condition monitoring market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

• Bruel & Kjaer Vibro GmbH (Spectris Plc)
• Emerson Electric Co.
• Flir Systems. Inc.
• Fluke Corporation (Fortive)
• General Electric (GE) Company
• Honeywell International Inc.
• National Instruments Corp.
• Parker Hannifin Corp.
• PCB Piezotronics (MTS Systems Corporation)
• Rockwell Automation
• Schaeffler Group
• SKF
• Symphony AzimaAI
• Wilcoxon Sensing Technologies (Amphenol Corporation)

Key Questions Answered in This Report

• 1.How big is the machine condition monitoring market?
• 2.What is the future outlook of the machine condition monitoring market?
• 3.What are the key factors driving the machine condition monitoring market?
• 4.Which region accounts for the largest machine condition monitoring market share?
• 5.Which are the leading companies in the global machine condition 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 Machine Condition Monitoring Market

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

6 Market Breakup by Monitoring Technique

• 6.1 Vibration Monitoring
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Thermography
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Oil Analysis
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Corrosion Monitoring
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
• 6.5 Ultrasound Emission
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast
• 6.6 Motor Current Analysis
  • 6.6.1 Market Trends
  • 6.6.2 Market Forecast

7 Market Breakup by Offering

• 7.1 Hardware
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Software
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast

8 Market Breakup by Deployment Type

• 8.1 On-premises
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Cloud-based
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast

9 Market Breakup by End Use Industry

• 9.1 Oil and Gas
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Power Generation
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Metals and Mining
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Chemicals
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast
• 9.5 Automotive
  • 9.5.1 Market Trends
  • 9.5.2 Market Forecast
• 9.6 Aerospace and Defense
  • 9.6.1 Market Trends
  • 9.6.2 Market Forecast
• 9.7 Food and Beverages
  • 9.7.1 Market Trends
  • 9.7.2 Market Forecast
• 9.8 Marine
  • 9.8.1 Market Trends
  • 9.8.2 Market Forecast
• 9.9 Others
  • 9.9.1 Market Trends
  • 9.9.2 Market Forecast

10 Market Breakup by Region

• 10.1 North America
  • 10.1.1 United States
    • 10.1.1.1 Market Trends
    • 10.1.1.2 Market Forecast
  • 10.1.2 Canada
    • 10.1.2.1 Market Trends
    • 10.1.2.2 Market Forecast
• 10.2 Asia Pacific
  • 10.2.1 China
    • 10.2.1.1 Market Trends
    • 10.2.1.2 Market Forecast
  • 10.2.2 Japan
    • 10.2.2.1 Market Trends
    • 10.2.2.2 Market Forecast
  • 10.2.3 India
    • 10.2.3.1 Market Trends
    • 10.2.3.2 Market Forecast
  • 10.2.4 South Korea
    • 10.2.4.1 Market Trends
    • 10.2.4.2 Market Forecast
  • 10.2.5 Australia
    • 10.2.5.1 Market Trends
    • 10.2.5.2 Market Forecast
  • 10.2.6 Indonesia
    • 10.2.6.1 Market Trends
    • 10.2.6.2 Market Forecast
  • 10.2.7 Others
    • 10.2.7.1 Market Trends
    • 10.2.7.2 Market Forecast
• 10.3 Europe
  • 10.3.1 Germany
    • 10.3.1.1 Market Trends
    • 10.3.1.2 Market Forecast
  • 10.3.2 France
    • 10.3.2.1 Market Trends
    • 10.3.2.2 Market Forecast
  • 10.3.3 United Kingdom
    • 10.3.3.1 Market Trends
    • 10.3.3.2 Market Forecast
  • 10.3.4 Italy
    • 10.3.4.1 Market Trends
    • 10.3.4.2 Market Forecast
  • 10.3.5 Spain
    • 10.3.5.1 Market Trends
    • 10.3.5.2 Market Forecast
  • 10.3.6 Russia
    • 10.3.6.1 Market Trends
    • 10.3.6.2 Market Forecast
  • 10.3.7 Others
    • 10.3.7.1 Market Trends
    • 10.3.7.2 Market Forecast
• 10.4 Latin America
  • 10.4.1 Brazil
    • 10.4.1.1 Market Trends
    • 10.4.1.2 Market Forecast
  • 10.4.2 Mexico
    • 10.4.2.1 Market Trends
    • 10.4.2.2 Market Forecast
  • 10.4.3 Others
    • 10.4.3.1 Market Trends
    • 10.4.3.2 Market Forecast
• 10.5 Middle East and Africa
  • 10.5.1 Market Trends
  • 10.5.2 Market Breakup by Country
  • 10.5.3 Market Forecast

11 SWOT Analysis

• 11.1 Overview
• 11.2 Strengths
• 11.3 Weaknesses
• 11.4 Opportunities
• 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

• 13.1 Overview
• 13.2 Bargaining Power of Buyers
• 13.3 Bargaining Power of Suppliers
• 13.4 Degree of Competition
• 13.5 Threat of New Entrants
• 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

• 15.1 Market Structure
• 15.2 Key Players
• 15.3 Profiles of Key Players
  • 15.3.1 Bruel & Kjaer Vibro GmbH (Spectris Plc)
    • 15.3.1.1 Company Overview
    • 15.3.1.2 Product Portfolio
  • 15.3.2 Emerson Electric Co.
    • 15.3.2.1 Company Overview
    • 15.3.2.2 Product Portfolio
    • 15.3.2.3 Financials
    • 15.3.2.4 SWOT Analysis
  • 15.3.3 Flir Systems. Inc.
    • 15.3.3.1 Company Overview
    • 15.3.3.2 Product Portfolio
    • 15.3.3.3 Financials
    • 15.3.3.4 SWOT Analysis
  • 15.3.4 Fluke Corporation (Fortive)
    • 15.3.4.1 Company Overview
    • 15.3.4.2 Product Portfolio
  • 15.3.5 General Electric (GE) Company
    • 15.3.5.1 Company Overview
    • 15.3.5.2 Product Portfolio
    • 15.3.5.3 Financials
    • 15.3.5.4 SWOT Analysis
  • 15.3.6 Honeywell International Inc.
    • 15.3.6.1 Company Overview
    • 15.3.6.2 Product Portfolio
    • 15.3.6.3 Financials
    • 15.3.6.4 SWOT Analysis
  • 15.3.7 National Instruments Corp.
    • 15.3.7.1 Company Overview
    • 15.3.7.2 Product Portfolio
    • 15.3.7.3 Financials
    • 15.3.7.4 SWOT Analysis
  • 15.3.8 Parker Hannifin Corp.
    • 15.3.8.1 Company Overview
    • 15.3.8.2 Product Portfolio
    • 15.3.8.3 Financials
    • 15.3.8.4 SWOT Analysis
  • 15.3.9 PCB Piezotronics (MTS Systems Corporation)
    • 15.3.9.1 Company Overview
    • 15.3.9.2 Product Portfolio
  • 15.3.10 Rockwell Automation
    • 15.3.10.1 Company Overview
    • 15.3.10.2 Product Portfolio
    • 15.3.10.3 Financials
    • 15.3.10.4 SWOT Analysis
  • 15.3.11 Schaeffler Group
    • 15.3.11.1 Company Overview
    • 15.3.11.2 Product Portfolio
  • 15.3.12 SKF
    • 15.3.12.1 Company Overview
    • 15.3.12.2 Product Portfolio
    • 15.3.12.3 Financials
  • 15.3.13 Symphony AzimaAI
    • 15.3.13.1 Company Overview
    • 15.3.13.2 Product Portfolio
  • 15.3.14 Wilcoxon Sensing Technologies (Amphenol Corporation)
    • 15.3.14.1 Company Overview
    • 15.3.14.2 Product Portfolio