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MOTOR MONITORING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025 - 2032)

Motor Monitoring Market, By Component (Sensors, Software & Analytics, Transmitters & Edge Devices, Analyzers, and Services), By Technology (Vibration Monitoring, Electrical Monitoring, Thermal Monitoring, Acoustic Emission, Lubrication Analysis, and Fused Analytics), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)

  • Historical Range: 2020 - 2024
  • Forecast Period: 2025 - 2032

Global Motor Monitoring Market Size and Forecast – 2025-2032

The global motor monitoring market is estimated to be valued at USD 2.94 Bn in 2025 and is expected to reach USD 5.24 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 8.6% from 2025 to 2032.

Key Takeaways of the Global Motor Monitoring Market

  • The sensors segment is expected to lead the market holding a share of 30.3% in 2025.
  • The vibration monitoring segment is projected to dominate with a share of 34.7% in 2025.
  • Asia Pacific, expected to hold a share of 39.4% in 2025, dominates the market.
  • North America, projected to hold a share of 28.3% in 2025, shows the fastest growth in the market.

Market Overview

The market is seeing a lot of use of advanced IoT and AI-enabled diagnostics, which improve real-time monitoring and fault prediction capabilities. Also, growing emphasis on reducing operational downtime and maintenance costs is pushing industries toward using smart sensors and cloud-based analytics platforms. The growing focus on sustainability and energy efficiency is further adding to the adoption of motor monitoring solutions to optimize motor performance and extend equipment lifespan.

Current Events and Its Impact

Current Events

Description and its Impact

Geopolitical and Trade Developments

  • Description: U.S.–China Technology Export Controls
  • Impact: Restrictions on advanced semiconductor and industrial IoT chip exports add to costs for high-precision sensors and monitoring modules, slowing the adoption of advanced motor monitoring systems in cost-sensitive markets.
  • Description: European Energy Security & Grid Modernization Push
  • Impact: Fast modernization of power grids and industrial assets increases procurement of motor monitoring solutions for electric motors used in energy, utilities, and manufacturing sectors.
  • Description: Middle East Industrial Diversification & Manufacturing Investments
  • Impact: Large-scale industrial programs in Saudi Arabia, U.A.E., and Qatar make demand for predictive maintenance and motor monitoring technologies across petrochemical, metals, and utilities industries.

Economic and Infrastructure Trends

  • Description: Global Surge in Electrification & Automation Investments
  • Impact: This adds to the adoption of motor monitoring systems, especially for manufacturing plants upgrading to Industry 4.0 standards.
  • Description: Inflation and Rising Costs of Electronic Components
  • Impact: Higher sensor, PCB, and semiconductor prices increase hardware costs for motor monitoring OEMs, potentially slowing down procurement in developing markets.

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Segmental Insights

Motor Monitoring Market By Component

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Global Motor Monitoring Market Insights, By Component – Sensors Lead Because of their Critical Role in Real-Time Motor Condition Detection

Sensors dominate and are expected to hold a share of 30.3% in 2025, because they are the core data-collection elements that allow real-time motor condition monitoring. By tracking vibration, temperature, speed, and pressure, sensors provide the high-resolution data needed for predictive maintenance and early fault detection. Industry 4.0 adoption, improved durability and miniaturization, and the rise of wireless sensor networks that make installation easier and safer also make demand. As energy efficiency and regulatory pressures increase, industries depend on sensors to detect inefficiencies and prevent costly failures. Their versatility in induction, synchronous, and servo motors also adds to their leading share.

ABB’s Smart Sensor for Motors is used a lot across manufacturing and utilities to deliver continuous vibration and temperature data, helping facilities reduce downtime and energy consumption.

Global Motor Monitoring Market Insights, By Technology – Vibration Monitoring Leads Because of its Precision in Predictive Maintenance and Fault Diagnosis

Vibration monitoring, expected to hold a share of 34.7% in 2025, leads the technology segment due to its unmatched accuracy in identifying early mechanical faults such as misalignment, imbalance, and bearing wear. It enables precise predictive maintenance by finding subtle vibrational anomalies long before breakdowns occur. The rise of advanced vibration sensors, portable analyzers, and cloud-connected platforms has made continuous, remote monitoring easier. Vibration monitoring is a big part of condition-based maintenance strategies in oil & gas, manufacturing, and power generation, reducing shutdowns and optimizing maintenance schedules.

Bently Nevada’s (Baker Hughes) Orbit 60 Series vibration monitoring system is used in refineries and power plants for real-time fault detection, allowing operators to prevent failures and extend motor life.

Pricing Analysis of the Motor Monitoring Market

Component/Product Type

Typical Price (USD)

Motor Monitoring Sensor – Wireless Multi-parameter (vibration + temperature + current)

~ USD 579

Industrial Piezo Vibration Sensor (accelerometer)

USD 5 – USD 10 (very low-cost); USD 70 – 100 (more rugged); USD 380 (triaxial, high-precision)

Loop-powered Vibration Transmitter (4-20mA, velocity)

USD 420 – USD 540

Wireless Vibration Sensor (IFM, 1-axis)

USD 331.80

Portable/Handheld Vibration Meter

USD 100 – USD 700

High-end Vibration Analyzer (with FFT, software)

Up to USD 30,000+

Continuous Monitoring System Kit (Monitor + sensors + housing)

~ USD 10,728

Dual-Channel Vibration Monitor (2300/25)

~ USD 1,000

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On-Premise vs. Cloud/IIoT-Based Motor Monitoring Adoption Trends

Parameter

On-Premise Motor Monitoring

Cloud / IIoT-Based Motor Monitoring

Current Adoption Level

High in traditional industries (utilities, oil & gas, heavy manufacturing)

Rapidly increasing across all industries, especially mid-size manufacturers

Adoption Trend (Global)

Stable to slightly declining as systems age and shift toward connected architectures

Strong upward growth driven by digital transformation and predictive maintenance

Primary Drivers

  • Data control & security preferences
  • Compliance with strict internal IT policies
  • Existing legacy infrastructure
  • Industry 4.0 initiatives
  • Demand for real-time fleet-wide insights
  • Lower upfront costs via subscription SaaS

Barriers

  • Higher capital expenditure
  • Limited scalability
  • Complex upgrades
  • Cybersecurity concerns
  • Dependence on stable network connectivity

Typical Use Cases

Critical assets in refineries, power plants, aerospace; high-security environments

Distributed manufacturing sites, remote assets, multi-plant enterprises, SMEs

Cost Structure

Upfront hardware + licenses + on-site servers; high maintenance cost

Subscription-based SaaS + cloud storage; lower maintenance; scalable

Integration Level

Tight integration with existing SCADA, PLCs, and DCS systems

API-based integration with MES/ERP and cross-plant analytics platforms

Data Access

Local dashboards; limited remote access

Real-time, multi-location dashboards via browser/mobile

Scalability

Limited—requires hardware expansion

Highly scalable—add sensors/lines with minimal setup

Security Profile

Strong local security; no external data exposure

Advanced cloud security, but still perceived risks by conservative industries

Preferred by

Oil & gas majors, utilities, chemical plants, defense-sector facilities

Automotive, electronics, FMCG, mining, renewables, and mid-tier industrial firms

Long-Term Outlook

Gradually losing share but remains vital for mission-critical and high-security sites

Expected to dominate new installations and expansions through 2030+

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Industry-Specific Deployment Data (Estimated, Global Share %)

Industry

Estimated Deployment Share (%)

Oil & Gas

22.5%

Power Generation

18.3%

Manufacturing

26.7%

Mining

9.4%

Chemicals

12.8%

Metals & Steel

5.2%

Food & Beverage

3.1%

Pharmaceuticals

2.0%

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Regional Insights

Motor Monitoring Market By Regional Insights

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Asia Pacific Motor Monitoring Market Analysis and Trends

The Asia Pacific region, holding an estimated share of 39.4% in 2025, dominates the motor monitoring market due to rapid industrialization, expanding manufacturing bases, and increasing investments in smart factories. Countries like China, India, Japan, South Korea, and Australia are adding to the adoption of predictive maintenance solutions to reduce downtime and improve operational efficiency. Government policies pushing automation and smart manufacturing add to the growing demand, while foreign direct investment and technology partnerships add to the market expansion.

The presence of regional players like Siemens (China and India operations), ABB (Japan and South Korea), and local innovators such as WEG (Australia-based) contribute to this dynamic growth, with a particular focus on cost-effective and scalable monitoring solutions tailored for diverse industrial applications.

North America Motor Monitoring Market Analysis and Trends

North America, holding a projected share of 28.3% in 2025, exhibits the fastest growth in the global motor monitoring market, because of a highly developed industrial ecosystem and a concentration of leading technology companies. The region sees advanced infrastructure, high adoption of Industry 4.0 technologies, and strict regulatory frameworks that focus on predictive maintenance and energy efficiency. Government initiatives pushing smart manufacturing and digital transformation create extensive use of motor monitoring solutions in sectors like manufacturing, oil & gas, and utilities.

Big players such as Emerson Electric Co., Rockwell Automation, and Honeywell International have a strong presence, continuously innovating in motor monitoring technologies including IoT-enabled sensors and cloud-based analytics platforms. Also, a well-established supply chain and proactive trade policies support the seamless integration and use of motor monitoring systems.

Global Motor Monitoring Market Outlook for Key Countries

Germany Motor Monitoring Market Analysis and Trends

Germany continues to lead because of its strong manufacturing sector and Industry 4.0 initiatives. The market sees strict regulations pushing efficient asset management and preventive maintenance. Siemens and Phoenix Contact are big players leading advancements in sensor technologies and integrated motor condition monitoring platforms. The country’s commitment to sustainable industrial practices and smart factory implementations makes a lot of demand for advanced motor monitoring solutions.

China Motor Monitoring Market Analysis and Trends

China’s fast growing industrial landscape coupled with government-driven smart manufacturing projects fuels the motor monitoring market. Companies like ABB and Schneider Electric play pivotal roles by providing scalable solutions made for the needs of large-scale manufacturing plants and heavy industries. The push for improved equipment reliability and reduced unplanned downtime aligns with China’s strategic goals to upgrade its industrial output and technology sophistication.

India Motor Monitoring Market Analysis and Trends

India motor monitoring market growth is largely attributed to rising industrial automation and government initiatives such as “Make in India” and smart city investments. ABB India and Honeywell provide critical support through localized solutions focused on energy efficiency and equipment longevity. Growing awareness among industrial players about predictive maintenance benefits and the rise in manufacturing investments add to the adoption of motor monitoring technologies.

Japan Motor Monitoring Market Analysis and Trends

Japan motor monitoring market because of its advanced technological capability and well-established manufacturing hubs. Contributions from companies like Yokogawa Electric and Mitsubishi Electric emphasize precision monitoring and integration with factory automation systems. The country’s regulatory environment adds to innovation in maintenance technology, and businesses prioritize reducing operational costs and enhancing system reliability, making Japan a big player in motor monitoring advancements.

Market Players, Key Development, and Competitive Intelligence

Motor Monitoring Market Concentration By Players

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Key Developments

  • From November 17-20, 2025, Rockwell Automation, Inc. unveiled an exciting lineup of new technologies at Automation Fair 2025, held at Chicago, U.S.
  • In November 2024, Schneider Electric, a global leader in energy management, and automation, offered a sneak peek into its upcoming innovations for 2025 at the SPS Fair. Key innovations for 2025 included the Modicon M660, Modicon Edge I/O NTS, Altivar Process ATV6100, The Lexium Scara, etc.
  • In October 2024, Siemens launched SIMOCODE M-CP, an efficient and future-proof motor management product series, especially tailored for motor control centers (MCC). The new product series complements the existing SIMOCODE portfolio and is designed to optimally meet the requirements of motor control centers.
  • In September 2024, Bently Nevada, a Baker Hughes business, announced the launch of a remote monitoring center in Campinas, Brazil to provide regional customers local access to monitoring, services, and support in local languages including English, Portuguese, and Spanish. The center is located at the Campinas hub which contains a hardware assembly shop, a newly renovated customer application center, and a state-of-the-art training facility.

Top Strategies Followed by Motor Monitoring Market Players

  • Established market leaders invest heavily in research and development (R&D) to drive innovation and engineer high-performance motor monitoring solutions that cater to evolving industrial demands.
    • Siemens invests more than USD 6.6 Bn (€5.7B) annually in R&D to maintain its leading position.
  • Mid-level players in the motor monitoring market adopt a slightly different yet impactful approach to compete effectively.
    • SKF provides affordable subscription-based vibration and motor monitoring packages.
  • Small-scale players carve out unique niches within the motor monitoring market by focusing on specialized features or innovative products tailored to specific customer requirements.
    • Nanoprecise Sci Corp. focuses on hyper-specialized nanotechnology and AI for precision vibration & acoustic analytics.

Market Report Scope

Motor Monitoring Market Report Coverage

Report Coverage Details
Base Year: 2024 Market Size in 2025: USD 2.94 Bn
Historical Data for: 2020 To 2024 Forecast Period: 2025 To 2032
Forecast Period 2025 to 2032 CAGR: 8.6% 2032 Value Projection: USD 5.24 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Component: Sensors, Software & Analytics, Transmitters & Edge Devices, Analyzers, and Services
  • By Technology: Vibration Monitoring, Electrical Monitoring, Thermal Monitoring, Acoustic Emission, Lubrication Analysis, and Fused Analytics 
Companies covered:

ABB, Baker Hughes, Emerson, Fluke, General Electric, Honeywell International, Mitsubishi Electric, National Instruments, Parker Hannifin, Rockwell Automation, Rolls, Schneider Electric, Siemens, Banner Engineering, and Eaton

Growth Drivers:
  • Rising adoption of predictive maintenance/IIoT and edge analytics
  • Regulatory & uptime/reliability pressures in heavy industries
Restraints & Challenges:
  • Integration complexity with legacy systems and skilled-labor shortage
  • Data security/cybersecurity concerns for connected monitoring system

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Market Dynamics

Motor Monitoring Market Key Factors

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Global Motor Monitoring Market Driver – Rising Adoption of Predictive Maintenance/IIoT and Edge Analytics

Industries are rapidly shifting from reactive to predictive maintenance by using IIoT-enabled motor monitoring that collects real-time operational data and detects failures early. Edge analytics adds to decision-making by processing data locally, reducing latency and dependence on cloud networks. This trend adds to uptime, lowers maintenance costs, and supports stricter safety and reliability requirements.

In 2023, Aramco adopted Siemens’ edge-powered “Industrial Edge” and MindSphere IIoT solutions to enable real-time monitoring of rotating equipment, reducing unplanned downtime across oil & gas facilities.

Global Motor Monitoring Market Opportunity – Wireless Smart-Sensor Rollouts and Managed/Remote Monitoring Services

The move toward wireless vibration, temperature, and motor-health sensors is growing because of their low installation cost and ability to operate in inaccessible or hazardous environments. Combined with cloud-based or managed monitoring services, these systems support predictive analytics and remote diagnostics, beneficial for SMEs lacking in-house expertise. Advancements in 5G and LPWAN further add to adoption.

In 2024, ABB expanded its wireless smart-sensor range for motors and rotating equipment, enabling remote condition monitoring and offering managed analytics services to industrial customers globally.

Analyst Opinion (Expert Opinion)

  • Despite all the hype around IIoT and predictive maintenance, most factories still find it difficult to plug motor-monitoring systems into legacy architectures. Many older plants simply weren’t built for sensor-dense ecosystems, resulting in expensive retrofitting, long deployment cycles, and unpredictable integration failures. This complexity continues to slow adoption—not because the technology isn’t ready, but because the infrastructure isn’t.
  • Vendors frequently claim “AI-driven diagnostics,” but many end users report that the analytics platforms produce noise rather than actionable intelligence. False alarms, generic alerts, and low-quality data from poorly calibrated sensors undermine user confidence.
  • In regions like Southeast Asia, Africa, and parts of Latin America, the high upfront cost of advanced monitoring systems is simply misaligned with the budgets of most industrial operators. As a result, adoption remains skewed a lot toward large enterprises, leaving SMEs behind. This widening digital divide is ultimately preventing the technology from reaching true global scale—an issue vendors have not addressed aggressively enough.

Market Segmentation

  • Component Insights (Revenue, USD Bn, 2020 - 2032)
    • Sensors
    • Software & Analytics
    • Transmitters & Edge Devices
    • Analyzers
    • Services
  • Technology Insights (Revenue, USD Bn, 2020 - 2032)
    • Vibration Monitoring
    • Electrical Monitoring
    • Thermal Monitoring
    • Acoustic Emission
    • Lubrication Analysis
    • Fused Analytics
  • Regional Insights (Revenue, USD Bn, 2020 - 2032)
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • Spain
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East
      • GCC Countries
      • Israel
      • Rest of Middle East
    • Africa
      • South Africa
      • North Africa
      • Central Africa
  • Key Players Insights
    • ABB
    • Baker Hughes
    • Emerson
    • Fluke
    • General Electric
    • Honeywell International
    • Mitsubishi Electric
    • National Instruments
    • Parker Hannifin
    • Rockwell Automation
    • Rolls
    • Schneider Electric
    • Siemens
    • Banner Engineering
    • Eaton

Sources

Primary Research Interviews

Stakeholders

  • Industrial Automation Engineers
  • Motor Manufacturers and Suppliers
  • Sensor & Monitoring Equipment Providers
  • Predictive Maintenance & IIoT Solution Integrators
  • Power Generation Plant Managers (thermal, hydro, wind)
  • Oil & Gas Field Operations Supervisors
  • Manufacturing & Process Industry Maintenance Teams
  • Mining Site Operators & Equipment Reliability Specialists
  • Third-Party Condition Monitoring Service Providers
  • Cybersecurity Experts for Industrial Networks

Databases

  • Eurostat Industrial Equipment Database
  • U.S. Census – Electrical Equipment & Machinery Category
  • IEEE Digital Infrastructure Database
  • Industrial Automation Global Repository (IAGR)
  • OECD Industrial Productivity Database
  • Global Energy Equipment Registry (GEER)

Magazines

  • Industrial Automation Today
  • Plant Engineering Magazine
  • Maintenance Technology Magazine
  • Sensors & Systems Monthly
  • Electrical Engineering World
  • Machinery Diagnostics Review

Journals

  • IEEE Transactions on Industrial Electronics
  • Journal of Vibration Engineering & Technologies
  • Journal of Condition Monitoring
  • International Journal of Prognostics and Health Management
  • Sensors and Actuators A: Physical
  • Journal of Electrical Machines & Drives

Newspapers

  • The Engineering Times
  • Industry Week Online
  • The Guardian (U.K.) – Technology & Industry Section
  • The Economic Times (India) – Energy & Infra Section
  • Manufacturing News Daily
  • Automation Chronicle

Associations

  • International Society for Condition Monitoring (ISCM)
  • Motor & Drive Systems Association (MDSA)
  • Predictive Maintenance Professionals Association (PMPA)
  • Institute of Electrical and Electronics Engineers (IEEE)
  • International Electrotechnical Commission (IEC)
  • European Machinery Reliability Society (EMRS)

Public Domain Sources

  • U.S. Census Bureau
  • EUROSTAT
  • United Nations Industrial Development Organization (UNIDO)
  • World Bank – Industrial & Energy Statistics
  • International Energy Agency (IEA)
  • ResearchGate (Open-access papers on motor diagnostics and sensor tech)
  • OECD Open Data Portal

Proprietary Elements

  • CMI Data Analytics Tool, Proprietary CMI Existing Repository of Motor Monitoring Market Data for Last 8 Years

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About Author

Ramprasad Bhute is a Senior Research Consultant with over 6 years of experience in market research and business consulting. He manages consulting and market research projects centered on go-to-market strategy, opportunity analysis, competitive landscape, and market size estimation and forecasting. He also advises clients on identifying and targeting absolute opportunities to penetrate untapped markets.

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Frequently Asked Questions

The global motor monitoring market is estimated to be valued at USD 2.94 billion in 2025 and is expected to reach USD 5.24 billion by 2032.

The CAGR of the global motor monitoring market is projected to be 8.6% from 2025 to 2032.

Rising adoption of predictive maintenance/IIoT and edge analytics and regulatory & uptime/reliability pressures in heavy industries are the major factors driving the growth of the global motor monitoring market.

Integration complexity with legacy systems and skilled-labor shortage and data security/cybersecurity concerns for connected monitoring system are the major factors hampering the growth of the global motor monitoring market.

In terms of component, the sensors are estimated to dominate the market revenue share in 2025.

Motor monitoring involves tracking motor health and performance through sensors and analytics to prevent failures and optimize maintenance.

It reduces unplanned downtime, extends motor life, and lowers maintenance and energy costs.

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