모터 모니터링 시장 : 기술, 모니터링 프로세스, 제공, 전개, 최종 용도별 - 세계 예측(2025-2030년)

The Motor Monitoring Market was valued at USD 2.87 billion in 2023, expected to reach USD 3.10 billion in 2024, and is projected to grow at a CAGR of 8.43%, to USD 5.06 billion by 2030.

Motor monitoring involves the use of sensors and technologies to track and analyze the performance and health of motors in various applications. It is crucial for predictive maintenance, reducing downtime, and enhancing efficiency. The necessity of motor monitoring arises from its ability to preemptively detect faults, thus minimizing operational disruptions and maintenance costs. It finds applications in industries ranging from manufacturing and automotive to oil and gas and utilities where motors are extensively used. End-use scope encompasses multiple sectors such as residential, commercial, and industrial settings, each benefiting from improved motor reliability and performance.

Current market insights suggest that the surge in automation and the adoption of Internet of Things (IoT) technologies significantly influence growth. The increasing emphasis on energy efficiency and stringent governmental regulations on energy consumption are further driving the demand for motor monitoring solutions. Emerging markets present potential opportunities due to rapid industrialization and urbanization, paving the way for penetration in regions like Asia-Pacific and Latin America. Companies can capitalize on these trends by developing scalable and user-friendly monitoring systems that integrate seamlessly with existing infrastructure.

Despite its advantages, the market faces challenges such as high installation and maintenance costs, a lack of standardization, and the need for skilled personnel to operate sophisticated monitoring equipment. These limitations can hinder the widespread adoption of motor monitoring technologies, especially in cost-sensitive markets. However, innovations in wireless monitoring solutions and artificial intelligence-driven analytics provide avenues for business growth, enabling more precise diagnostics and cost reductions.

Research should focus on developing smart sensors, improving data analytics for better fault prediction, and enhancing the integration of monitoring systems with digital platforms for real-time data access and management. The market's evolving nature towards digitalization and connectivity emphasizes the need for collaborations between technology providers and end-users to co-create solutions that address specific needs. With these insights, companies are encouraged to adopt a proactive approach in leveraging advanced technologies, optimizing operations, and expanding their presence in untapped markets, thereby sustaining long-term growth.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Motor Monitoring Market

The Motor Monitoring Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Government initiatives promoting Industry 4.0 and robotic automation
  • Adoption of monitoring systems to improve the energy efficiency of motors
  • Emphasis on safety of motors in the oil & gas sectors
• Market Restraints
  • Technical limitations and integration issues of motor monitoring systems
• Market Opportunities
  • Advancements in IoT and connectivity in motor monitoring
  • Expansion of renewable energy systems worldwide
• Market Challenges
  • Concerns associated with data privacy and security breaches

Porter's Five Forces: A Strategic Tool for Navigating the Motor Monitoring Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Motor Monitoring Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Motor Monitoring Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Motor Monitoring Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Motor Monitoring Market

A detailed market share analysis in the Motor Monitoring Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Motor Monitoring Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Motor Monitoring Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Key Company Profiles

The report delves into recent significant developments in the Motor Monitoring Market, highlighting leading vendors and their innovative profiles. These include AB SKF, KCF Technologies, Inc., Infoteam Group, Texas Instruments Incorporated, International Business Machines Corporation, Emerson Electric Co., TE Connectivity Ltd., Phoenix Contact, Omron Corporation, Honeywell International Inc., Rockwell Automation, Inc., Murata Manufacturing Co. Ltd., Advantech Co., Ltd., Eaton Corporation PLC, PdMA Corporation, Baker Hughes Company, IFM Electronic GmbH, Dynapar Corporation, KONCAR - Electrical Engineering Institute Ltd., ALS Limited, Siemens AG, General Electric Company, Schneider Electric SE, Megger Group Limited, Schaeffler Technologies AG & Co. KG, Fluke Corporation, Banner Engineering Corp., Mitsubishi Electric Corporation, TDK Corporation, Artesis, Qualitrol Corp., Analog Devices, Inc., Robert Bosch GmbH, ABB Ltd., WEG S.A., and Balluff GmbH.

Market Segmentation & Coverage

This research report categorizes the Motor Monitoring Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Technology, market is studied across Current Signature Analysis, Electric Discharge Current Measurement, Motor Current Monitoring, Oil Analysis, Speed & Sound Measurement, Thermal Monitoring, and Vibration Analysis.
• Based on Monitoring Process, market is studied across Online Motor Monitoring and Portable Motor Monitoring.
• Based on Offering, market is studied across Hardware, Services, and Software.
• Based on Deployment, market is studied across On-Cloud and On-Premise.
• Based on End-Use, market is studied across Aerospace, Automotive, Energy & Power, Manufacturing, Mining, and Oil & Gas.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Government initiatives promoting Industry 4.0 and robotic automation
    • 5.1.1.2. Adoption of monitoring systems to improve the energy efficiency of motors
    • 5.1.1.3. Emphasis on safety of motors in the oil & gas sectors
  • 5.1.2. Restraints
    • 5.1.2.1. Technical limitations and integration issues of motor monitoring systems
  • 5.1.3. Opportunities
    • 5.1.3.1. Advancements in IoT and connectivity in motor monitoring
    • 5.1.3.2. Expansion of renewable energy systems worldwide
  • 5.1.4. Challenges
    • 5.1.4.1. Concerns associated with data privacy and security breaches
• 5.2. Market Segmentation Analysis
  • 5.2.1. Technology: Potential of motor monitoring systems to conduct vibration analysis to check imbalance, misalignment, or bearing faults
  • 5.2.2. Monitoring Process: Preference for online monitoring to prevent unscheduled downtime and prolonging motor lifespan
  • 5.2.3. Offering: Availability of automated alerting mechanisms that notify maintenance personnel about motor performance
  • 5.2.4. End-Use: Need for effective monitoring to anticipate failures and manage peak loads in the manufacturing sectors
  • 5.2.5. Deployment: Adoption of on-cloud monitoring to attain improved scalability
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Motor Monitoring Market, by Technology

• 6.1. Introduction
• 6.2. Current Signature Analysis
• 6.3. Electric Discharge Current Measurement
• 6.4. Motor Current Monitoring
• 6.5. Oil Analysis
• 6.6. Speed & Sound Measurement
• 6.7. Thermal Monitoring
• 6.8. Vibration Analysis

7. Motor Monitoring Market, by Monitoring Process

• 7.1. Introduction
• 7.2. Online Motor Monitoring
• 7.3. Portable Motor Monitoring

8. Motor Monitoring Market, by Offering

• 8.1. Introduction
• 8.2. Hardware
• 8.3. Services
• 8.4. Software

9. Motor Monitoring Market, by Deployment

• 9.1. Introduction
• 9.2. On-Cloud
• 9.3. On-Premise

10. Motor Monitoring Market, by End-Use

• 10.1. Introduction
• 10.2. Aerospace
• 10.3. Automotive
• 10.4. Energy & Power
• 10.5. Manufacturing
• 10.6. Mining
• 10.7. Oil & Gas

11. Americas Motor Monitoring Market

• 11.1. Introduction
• 11.2. Argentina
• 11.3. Brazil
• 11.4. Canada
• 11.5. Mexico
• 11.6. United States

12. Asia-Pacific Motor Monitoring Market

• 12.1. Introduction
• 12.2. Australia
• 12.3. China
• 12.4. India
• 12.5. Indonesia
• 12.6. Japan
• 12.7. Malaysia
• 12.8. Philippines
• 12.9. Singapore
• 12.10. South Korea
• 12.11. Taiwan
• 12.12. Thailand
• 12.13. Vietnam

13. Europe, Middle East & Africa Motor Monitoring Market

• 13.1. Introduction
• 13.2. Denmark
• 13.3. Egypt
• 13.4. Finland
• 13.5. France
• 13.6. Germany
• 13.7. Israel
• 13.8. Italy
• 13.9. Netherlands
• 13.10. Nigeria
• 13.11. Norway
• 13.12. Poland
• 13.13. Qatar
• 13.14. Russia
• 13.15. Saudi Arabia
• 13.16. South Africa
• 13.17. Spain
• 13.18. Sweden
• 13.19. Switzerland
• 13.20. Turkey
• 13.21. United Arab Emirates
• 13.22. United Kingdom

14. Competitive Landscape

• 14.1. Market Share Analysis, 2023
• 14.2. FPNV Positioning Matrix, 2023
• 14.3. Competitive Scenario Analysis
  • 14.3.1. Condition Monitoring Technology from Banner Engineering Enables Effortless Predictive Maintenance
  • 14.3.2. Balluff BCS Series Capacitive Proximity Sensors from AutomationDirect
  • 14.3.3. Schneider Electric Unveils Latest Texas Manufacturing Plant as Part of a USD 300 Million Investment in U.S. Manufacturing
  • 14.3.4. Fluke Reliability Acquires AI-Powered Vibration Analytics and Remote Condition Monitoring Solution
  • 14.3.5. Dynapar Launches New Programmable Encoder, HS35iQ with PulseIQ Technology, Providing Troubleshooting Intelligence and Downtime Prevention via Specific Fault Alerts
  • 14.3.6. WEG Acquires Total Shares of Birmind
  • 14.3.7. Regal Rexnord Corporation Completes Acquisition of Altra Industrial Motion Corp.
  • 14.3.8. Schaeffler Buys French Condition-Monitoring Specialist
  • 14.3.9. Komatsu and Cummins Partner to Create an Integrated Approach to Equipment and Engine Monitoring to Optimize Maintenance for Mines
  • 14.3.10. Omron to Release K7DD-PQ Series of Advanced Motor Condition Monitoring Devices
  • 14.3.11. Advantech Releases New Explosion Proof LoRaWAN Wireless

Companies Mentioned

• 1. AB SKF
• 2. KCF Technologies, Inc.
• 3. Infoteam Group
• 4. Texas Instruments Incorporated
• 5. International Business Machines Corporation
• 6. Emerson Electric Co.
• 7. TE Connectivity Ltd.
• 8. Phoenix Contact
• 9. Omron Corporation
• 10. Honeywell International Inc.
• 11. Rockwell Automation, Inc.
• 12. Murata Manufacturing Co. Ltd.
• 13. Advantech Co., Ltd.
• 14. Eaton Corporation PLC
• 15. PdMA Corporation
• 16. Baker Hughes Company
• 17. IFM Electronic GmbH
• 18. Dynapar Corporation
• 19. KONCAR - Electrical Engineering Institute Ltd.
• 20. ALS Limited
• 21. Siemens AG
• 22. General Electric Company
• 23. Schneider Electric SE
• 24. Megger Group Limited
• 25. Schaeffler Technologies AG & Co. KG
• 26. Fluke Corporation
• 27. Banner Engineering Corp.
• 28. Mitsubishi Electric Corporation
• 29. TDK Corporation
• 30. Artesis
• 31. Qualitrol Corp.
• 32. Analog Devices, Inc.
• 33. Robert Bosch GmbH
• 34. ABB Ltd.
• 35. WEG S.A.
• 36. Balluff GmbH